Abbreviated Company Accounts - HART SCALES INVESTMENTS LTD

HART SCALES INVESTMENTS LTD - Company Information

08550293 HART SCALES INVESTMENTS LTD 2016-06-30 false 2015-07-01 2016-06-30 true 08550293 2015-07-01 2016-06-30 08550293 2016-06-30 08550293 2015-06-30 08550293 uk-gaap-cd-bus:Director1 2015-07-01 2016-06-30 08550293 uk-gaap-cd-bus:Director2 2015-07-01 2016-06-30 uk-gaap-cd-bus:Director3 2015-07-01 2016-06-30 uk-gaap-cd-bus:Director3 2016-06-30 uk-gaap-cd-bus:Director3 2015-06-30 uk-gaap-cd-bus:Director4 2015-07-01 2016-06-30 uk-gaap-cd-bus:Director4 2016-06-30 uk-gaap-cd-bus:Director4 2015-06-30 uk-gaap-cd-bus:Director5 2015-07-01 2016-06-30 uk-gaap-cd-bus:Director5 2016-06-30 uk-gaap-cd-bus:Director5 2015-06-30 uk-gaap-cd-bus:Director6 2015-07-01 2016-06-30 uk-gaap-cd-bus:Director6 2016-06-30 uk-gaap-cd-bus:Director6 2015-06-30 uk-gaap-cd-bus:Director7 2015-07-01 2016-06-30 uk-gaap-cd-bus:Director7 2016-06-30 uk-gaap-cd-bus:Director7 2015-06-30 uk-gaap-cd-bus:OrdinaryShareClass1 2015-07-01 2016-06-30 uk-gaap-cd-bus:OrdinaryShareClass1 2016-06-30 uk-gaap-cd-bus:OrdinaryShareClass1 2015-06-30 iso4217:GBP shares

Registered Number 08550293

HART SCALES INVESTMENTS LTD

Abbreviated Accounts

30 June 2016

HART SCALES INVESTMENTS LTD Registered Number 08550293

Abbreviated Balance Sheet as at 30 June 2016

	Notes	2016	2015
		£	£
Fixed assets
Tangible assets	2	423,730	432,701
		423,730	432,701
Current assets
Debtors		13,767	-
Cash at bank and in hand		12,724	8,455
		26,491	8,455
Creditors: amounts falling due within one year	3	(27,139)	(140,741)
Net current assets (liabilities)		(648)	(132,286)
Total assets less current liabilities		423,082	300,415
Creditors: amounts falling due after more than one year	3	(416,365)	(298,505)
Total net assets (liabilities)		6,717	1,910
Capital and reserves
Called up share capital	4	90	90
Profit and loss account		6,627	1,820
Shareholders' funds		6,717	1,910

For the year ending 30 June 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 24 March 2017

And signed on their behalf by:
B G Streather, Director

HART SCALES INVESTMENTS LTD Registered Number 08550293

Notes to the Abbreviated Accounts for the period ended 30 June 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
Turnover comprises rent receivable.

Tangible assets depreciation policy
Tangible fixed assets are stated at cost less depreciation. Depreciation is provided at rates calculated to write off the cost of fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Freehold property - 2% per annum

2Tangible fixed assets

	£
Cost
At 1 July 2015	448,573
Additions	-
Disposals	-
Revaluations	-
Transfers	-
At 30 June 2016	448,573
Depreciation
At 1 July 2015	15,872
Charge for the year	8,971
On disposals	-
At 30 June 2016	24,843
Net book values
At 30 June 2016	423,730
At 30 June 2015	432,701

3Creditors

	2016 £	2015 £
Secured Debts	432,156	317,204

4Called Up Share Capital
Allotted, called up and fully paid:

	2016 £	2015 £
90 Ordinary shares of £1 each	90	90

5Transactions with directors

Name of director receiving advance or credit:	C Setford
Description of the transaction:	Loan to director
Balance at 1 July 2015:	-
Advances or credits made:	£ 3,623
Advances or credits repaid:	-
Balance at 30 June 2016:	£ 3,623

Name of director receiving advance or credit:	G Setford
Description of the transaction:	Loan to director
Balance at 1 July 2015:	-
Advances or credits made:	£ 6,519
Advances or credits repaid:	-
Balance at 30 June 2016:	£ 6,519

Name of director receiving advance or credit:	B Streather
Description of the transaction:	Loan to director
Balance at 1 July 2015:	-
Advances or credits made:	£ 1,208
Advances or credits repaid:	-
Balance at 30 June 2016:	£ 1,208

Name of director receiving advance or credit:	C Sarsfield
Description of the transaction:	Loan to director
Balance at 1 July 2015:	-
Advances or credits made:	£ 1,208
Advances or credits repaid:	-
Balance at 30 June 2016:	£ 1,208

Name of director receiving advance or credit:	P Russell
Description of the transaction:	Loan to director
Balance at 1 July 2015:	-
Advances or credits made:	£ 1,208
Advances or credits repaid:	-
Balance at 30 June 2016:	£ 1,208

C Setford, G Setford, B Streather, C Sarsfield and P Russell wer directors and shareholders of the company during the year.