Abbreviated Company Accounts - HAREFORD LIMITED

Abbreviated Company Accounts - HAREFORD LIMITED


Registered Number 00751279

HAREFORD LIMITED

Abbreviated Accounts

31 March 2016

HAREFORD LIMITED Registered Number 00751279

Abbreviated Balance Sheet as at 31 March 2016

Notes 2016 2015
£ £
Current assets
Stocks 6,499 6,499
Debtors 1,670 -
Cash at bank and in hand 41,703 40,427
49,872 46,926
Creditors: amounts falling due within one year (22,226) (25,342)
Net current assets (liabilities) 27,646 21,584
Total assets less current liabilities 27,646 21,584
Total net assets (liabilities) 27,646 21,584
Capital and reserves
Called up share capital 2 100 100
Profit and loss account 27,546 21,484
Shareholders' funds 27,646 21,584
  • For the year ending 31 March 2016 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.
  • The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
  • The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
  • These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

Approved by the Board on 16 December 2016

And signed on their behalf by:
NIZZA FLUSS, Director

HAREFORD LIMITED Registered Number 00751279

Notes to the Abbreviated Accounts for the period ended 31 March 2016

1Accounting Policies

Basis of measurement and preparation of accounts
The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities effective April 2008.

Turnover policy
The turnover shown in the profit and loss account represents amounts invoiced during the year.

Other accounting policies
Stocks

Stocks are valued at the lower of cost and net realisable value.

Operating lease agreements

Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged against profits on a straight line basis over the period of the lease.

Financial instruments

Financial instruments are classified and accounted for, according to the substance of the contractual arrangement, as either financial assets, financial liabilities or equity instruments. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities.

2Called Up Share Capital
Allotted, called up and fully paid:
2016
£
2015
£
100 Ordinary shares of £1 each 100 100