Abbreviated Company Accounts - HEAVENSENT BEDROOMS LTD.

Abbreviated Company Accounts - HEAVENSENT BEDROOMS LTD.

HEAVENSENT BEDROOMS LTD. - Company Information

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Registered Number 07330935

HEAVENSENT BEDROOMS LTD.

Abbreviated Accounts

31 March 2016

HEAVENSENT BEDROOMS LTD. Registered Number 07330935

Abbreviated Balance Sheet as at 31 March 2016

Notes 2016 2015
£ £
Fixed assets
Tangible assets 2 12,608 15,337
12,608 15,337
Current assets
Stocks 1,918 1,899
Debtors 13,547 34,860
Cash at bank and in hand 1,181 451
16,646 37,210
Creditors: amounts falling due within one year (33,775) (74,711)
Net current assets (liabilities) (17,129) (37,501)
Total assets less current liabilities (4,521) (22,164)
Total net assets (liabilities) (4,521) (22,164)
Capital and reserves
Called up share capital 3 100 100
Profit and loss account (4,621) (22,264)
Shareholders' funds (4,521) (22,164)
  • 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 7 December 2016

And signed on their behalf by:
Mr.N.H. LEES, Director

HEAVENSENT BEDROOMS LTD. Registered Number 07330935

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

1Accounting Policies

Basis of measurement and preparation of accounts
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 policy
The turnover shown in the profit and loss account represents amounts invoiced during the year.

Tangible assets depreciation policy
Depreciation is calculated so as to write off the cost of an asset, less its estimated residual value, over the useful economic life of that asset as follows:

Plant & Machinery - 10% pa on cost
Motor Vehicles - 25% pa on cost
Equipment - 10% pa on cost

2Tangible fixed assets
£
Cost
At 1 April 2015 52,298
Additions -
Disposals -
Revaluations -
Transfers -
At 31 March 2016 52,298
Depreciation
At 1 April 2015 36,961
Charge for the year 2,729
On disposals -
At 31 March 2016 39,690
Net book values
At 31 March 2016 12,608
At 31 March 2015 15,337
3Called Up Share Capital
Allotted, called up and fully paid:
2016
£		 2015
£
100 Ordinary shares of £1 each 100 100

4Transactions with directors

Name of director receiving advance or credit: Mr. N. H. LEES
Description of the transaction: Loan to director
Balance at 1 April 2015: £ 31,909
Advances or credits made: -
Advances or credits repaid: £ 27,507
Balance at 31 March 2016: £ 4,402
Name of director receiving advance or credit: Mrs. J LEES
Description of the transaction: Loan to director
Balance at 1 April 2015: -
Advances or credits made: £ 7,000
Advances or credits repaid: -
Balance at 31 March 2016: £ 7,000

Mr N LEES:-

All transactions with the director are shown in the director's current account. The balance at the year end was overdrawn and is shown as part of debtors in the notes to the accounts.

Mrs. J LEES:-

All transactions with the director are shown in the director's current account. The balance at the year end is shown as part of creditors in the notes to the accounts.