Abbreviated Company Accounts - HV HORTICULTURE LIMITED

HV HORTICULTURE LIMITED - Company Information

02120088 HV HORTICULTURE LIMITED 2016-07-31 false 2015-08-01 2016-07-31 true 02120088 2015-08-01 2016-07-31 02120088 2016-07-31 02120088 2015-07-31 02120088 uk-gaap-cd-bus:Director1 2015-08-01 2016-07-31 02120088 uk-gaap-cd-bus:Director2 2015-08-01 2016-07-31 uk-gaap-cd-bus:OrdinaryShareClass1 2015-08-01 2016-07-31 uk-gaap-cd-bus:OrdinaryShareClass1 2016-07-31 uk-gaap-cd-bus:OrdinaryShareClass1 2015-07-31 uk-gaap-cd-bus:OrdinaryShareClass2 2015-08-01 2016-07-31 uk-gaap-cd-bus:OrdinaryShareClass2 2016-07-31 uk-gaap-cd-bus:OrdinaryShareClass2 2015-07-31 iso4217:GBP shares

Registered Number 02120088

HV HORTICULTURE LIMITED

Abbreviated Accounts

31 July 2016

HV HORTICULTURE LIMITED Registered Number 02120088

Abbreviated Balance Sheet as at 31 July 2016

	Notes	2016	2015
		£	£
Fixed assets
Tangible assets	2	3,171	4,228
		3,171	4,228
Current assets
Debtors		997	915
Cash at bank and in hand		8,741	10,619
		9,738	11,534
Creditors: amounts falling due within one year		(10,506)	(10,994)
Net current assets (liabilities)		(768)	540
Total assets less current liabilities		2,403	4,768
Total net assets (liabilities)		2,403	4,768
Capital and reserves
Called up share capital	3	13	13
Profit and loss account		2,390	4,755
Shareholders' funds		2,403	4,768

For the year ending 31 July 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 30 March 2017

And signed on their behalf by:
J Kent, Director

HV HORTICULTURE LIMITED Registered Number 02120088

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

1Accounting Policies

Basis of measurement and preparation of accounts
The full financial statements, from which these abbreviated accounts have been extracted, have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective January 2015).
Accounting standards require the director to consider the appropriateness of the going concern basis when preparing the financial statements. The director confirms that she considers that the going concern basis remains appropriate. The director regards the going concern basis remains appropriate as the Company has adequate resources to continue in operational existence for the foreseeable future.

Turnover policy
Turnover comprises revenue recognised by the company in respect of goods and services supplied during the year, exclusive of Value Added Tax 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 of fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
Plant and machinery - 25% Reducing balance
Fixtures and fittings - 25% Reducing balance
Other fixed assets - 25% Reducing balance

2Tangible fixed assets

	£
Cost
At 1 August 2015	20,945
Additions	-
Disposals	-
Revaluations	-
Transfers	-
At 31 July 2016	20,945
Depreciation
At 1 August 2015	16,717
Charge for the year	1,057
On disposals	-
At 31 July 2016	17,774
Net book values
At 31 July 2016	3,171
At 31 July 2015	4,228

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

	2016 £	2015 £
19 A Ordinary shares of £0.50 each	10	10
6 B Ordinary shares of £0.50 each	3	3