Abbreviated Company Accounts - HARD CHEESE LIMITED

Abbreviated Company Accounts - HARD CHEESE LIMITED


Registered Number 02488773

HARD CHEESE LIMITED

Abbreviated Accounts

30 June 2016

HARD CHEESE LIMITED Registered Number 02488773

Abbreviated Balance Sheet as at 30 June 2016

Notes 2016 2015
£ £
Fixed assets
Tangible assets 2 33,563 43,204
33,563 43,204
Current assets
Debtors 191,580 215,793
Cash at bank and in hand 1,152,706 1,264,143
1,344,286 1,479,936
Creditors: amounts falling due within one year (179,673) (195,515)
Net current assets (liabilities) 1,164,613 1,284,421
Total assets less current liabilities 1,198,176 1,327,625
Total net assets (liabilities) 1,198,176 1,327,625
Capital and reserves
Called up share capital 3 4 4
Profit and loss account 1,198,172 1,327,621
Shareholders' funds 1,198,176 1,327,625
  • 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 29 March 2017

And signed on their behalf by:
Stephen Morris, Director

HARD CHEESE LIMITED Registered Number 02488773

Notes to the Abbreviated Accounts for the period ended 30 June 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).

Turnover policy
Turnover represents amounts receivable for services net of VAT.

Tangible assets depreciation policy
Tangible fixed assets other than freehold land 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:

Land and buildings - Freehold 10% straight line
Plant and machinery - 20% straight line
Fixtures, fittings & equipment - 20% straight line

2Tangible fixed assets
£
Cost
At 1 July 2015 335,436
Additions -
Disposals -
Revaluations -
Transfers -
At 30 June 2016 335,436
Depreciation
At 1 July 2015 292,232
Charge for the year 9,641
On disposals -
At 30 June 2016 301,873
Net book values
At 30 June 2016 33,563
At 30 June 2015 43,204
3Called Up Share Capital
Allotted, called up and fully paid:
2016
£
2015
£
4 Ordinary shares of £1 each 4 4