Abbreviated Company Accounts - BLACK HAMMER CAPITAL LIMITED

BLACK HAMMER CAPITAL LIMITED - Company Information

05851199 BLACK HAMMER CAPITAL LIMITED 2016-03-31 false 2015-04-01 2016-03-31 true 05851199 2015-04-01 2016-03-31 05851199 2016-03-31 05851199 2015-03-31 05851199 uk-gaap-cd-bus:Director1 2015-04-01 2016-03-31 05851199 uk-gaap-cd-bus:Director2 2015-04-01 2016-03-31 uk-gaap-cd-bus:OrdinaryShareClass1 2015-04-01 2016-03-31 uk-gaap-cd-bus:OrdinaryShareClass1 2016-03-31 uk-gaap-cd-bus:OrdinaryShareClass1 2015-03-31 iso4217:GBP shares

Registered Number 05851199

BLACK HAMMER CAPITAL LIMITED

Abbreviated Accounts

31 March 2016

BLACK HAMMER CAPITAL LIMITED Registered Number 05851199

Abbreviated Balance Sheet as at 31 March 2016

	Notes	2016	2015
		£	£
Fixed assets
Tangible assets	2	4,655	4,216
		4,655	4,216
Current assets
Debtors		22,851	21,400
Cash at bank and in hand		189,519	3,509
		212,370	24,909
Creditors: amounts falling due within one year		(269,834)	(239,562)
Net current assets (liabilities)		(57,464)	(214,653)
Total assets less current liabilities		(52,809)	(210,437)
Creditors: amounts falling due after more than one year		(206,250)	-
Total net assets (liabilities)		(259,059)	(210,437)
Capital and reserves
Called up share capital	3	106	1
Share premium account		68,744	0
Profit and loss account		(327,909)	(210,438)
Shareholders' funds		(259,059)	(210,437)

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 10 October 2016

And signed on their behalf by:
M Oppenheim, Director

BLACK HAMMER CAPITAL LIMITED Registered Number 05851199

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

1Accounting Policies

Basis of measurement and preparation of accounts
The financial statements are prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective January 2015).

As at 31 March 2016 the company has net current liabilities of £57,464 and total net liabilities of £259,059. The directors believe that the company will continue to receive financial support from its creditors and therefore it is appropriate to prepare the accounts on a going concern basis.

Turnover policy
Turnover represents amounts receivable for goods and services net of vat and trade discounts.

Tangible assets depreciation policy
Tangible fixed assets are stated at cost less depreciation. Depreciation is provided at rates calculated to write off the cost less estimated residual value of each asset over its expected useful life, as follows:
Fixtures, fittings & equipment - 25% reducing balance

2Tangible fixed assets

	£
Cost
At 1 April 2015	21,283
Additions	1,992
Disposals	-
Revaluations	-
Transfers	-
At 31 March 2016	23,275
Depreciation
At 1 April 2015	17,067
Charge for the year	1,553
On disposals	-
At 31 March 2016	18,620
Net book values
At 31 March 2016	4,655
At 31 March 2015	4,216

3Called Up Share Capital
Allotted, called up and fully paid:

	2016 £	2015 £
106 Ordinary shares of £1 each (1 shares for 2015)	106	1

During the year 105 ordinary shares of £1 each were allotted and fully paid at par for cash consideration to provide additional working capital.