Hard Work Investments Limited - Abbreviated accounts 16.1

Hard Work Investments Limited - Abbreviated accounts 16.1

HARD WORK INVESTMENTS LIMITED - Company Information

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REGISTERED NUMBER: 06996717 (England and Wales)















HARD WORK INVESTMENTS LIMITED

ABBREVIATED UNAUDITED ACCOUNTS

FOR THE YEAR ENDED 31 MARCH 2016






HARD WORK INVESTMENTS LIMITED (REGISTERED NUMBER: 06996717)

CONTENTS OF THE ABBREVIATED ACCOUNTS
FOR THE YEAR ENDED 31 MARCH 2016










Page

Company Information 1

Abbreviated Balance Sheet 2

Notes to the Abbreviated Accounts 3

HARD WORK INVESTMENTS LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 MARCH 2016







DIRECTORS: A Mendelsohn
Mrs R Mendelsohn





REGISTERED OFFICE: 34 St George's Road
London
NW11 0LR





REGISTERED NUMBER: 06996717 (England and Wales)





ACCOUNTANTS: STERN ASSOCIATES
Chartered Accountants
2 Helenslea Avenue
London
NW11 8ND
Page 1
HARD WORK INVESTMENTS LIMITED (REGISTERED NUMBER: 06996717)

ABBREVIATED BALANCE SHEET
31 MARCH 2016

31.3.16 31.3.15
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 2 964 1,285
Investment property 3 360,754 360,754
361,718 362,039

CURRENT ASSETS
Debtors 38,603 30,653
Cash at bank 7,613 7,566
46,216 38,219
CREDITORS
Amounts falling due within one year 305,380 320,226
NET CURRENT LIABILITIES (259,164 ) (282,007 )
TOTAL ASSETS LESS CURRENT
LIABILITIES
102,554
80,032

CAPITAL AND RESERVES
Called up share capital 4 2 2
Profit and loss account 102,552 80,030
SHAREHOLDERS' FUNDS 102,554 80,032

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2016.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2016 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the
Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at
the end of each financial year and of its profit or loss for each financial year in accordance with the
requirements of Sections 394 and 395 and which otherwise comply with the requirements of the
Companies Act 2006 relating to financial statements, so far as applicable to the company.

The abbreviated accounts have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.


The financial statements were approved by the Board of Directors on 5 December 2016 and were signed on its
behalf by:





A Mendelsohn - Director


The notes form part of these abbreviated accounts

Page 2
HARD WORK INVESTMENTS LIMITED (REGISTERED NUMBER: 06996717)

NOTES TO THE ABBREVIATED ACCOUNTS
FOR THE YEAR ENDED 31 MARCH 2016


1. ACCOUNTING POLICIES

Accounting convention
The financial statements have been prepared under the historical cost convention and in accordance with
the Financial Reporting Standard for Smaller Entities (effective January 2015).

Turnover
Turnover represents rent receivable from the investment property for the period.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Fixtures and fittings - 25% on reducing balance

Investment property
Investment property is shown at cost, and not revalued annually as required by the FRSSE. The directors
consider that the adoption of this policy is necessary to give a true and fair view.

In accordance with the FRSSE, the company does not provide depreciation on investment properties.
This represents a departure from the Companies Act requirements regarding the depreciation of fixed
assets. The directors consider that the adoption of this policy is necessary to give a true and fair view.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the
balance sheet date.

2. TANGIBLE FIXED ASSETS
Total
£   
COST
At 1 April 2015
and 31 March 2016 5,415
DEPRECIATION
At 1 April 2015 4,130
Charge for year 321
At 31 March 2016 4,451
NET BOOK VALUE
At 31 March 2016 964
At 31 March 2015 1,285

3. INVESTMENT PROPERTY
Total
£   
COST
At 1 April 2015
and 31 March 2016 360,754
NET BOOK VALUE
At 31 March 2016 360,754
At 31 March 2015 360,754

Page 3
HARD WORK INVESTMENTS LIMITED (REGISTERED NUMBER: 06996717)

NOTES TO THE ABBREVIATED ACCOUNTS - continued
FOR THE YEAR ENDED 31 MARCH 2016


4. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.3.16 31.3.15
value: £    £   
2 Ordinary £1 2 2

5. ULTIMATE CONTROLLING PARTY

The company is controlled by its directors.

Page 4