Hazelwood Professional Ltd

Hazelwood Professional Ltd

HAZELWOOD PROFESSIONAL LTD - Company Information

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1 January 2016 false No description of principal activity Taxfiler 2017.5.Web 07493877business:PrivateLimitedCompanyLtd2016-01-012016-12-31 074938772015-12-31 074938772016-01-012016-12-31 07493877business:AuditExempt-NoAccountantsReport2016-01-012016-12-31 07493877business:FullAccounts2016-01-012016-12-31 074938772016-12-31 074938772015-12-31 07493877core:WithinOneYear2016-12-31 07493877core:WithinOneYear2015-12-31 07493877core:ShareCapital2016-12-31 07493877core:ShareCapital2015-12-31 07493877core:RetainedEarningsAccumulatedLosses2016-12-31 07493877core:RetainedEarningsAccumulatedLosses2015-12-31 07493877business:SmallEntities2016-01-012016-12-31 07493877business:Director12016-01-012016-12-31 07493877core:ShareCapital2014-12-31 07493877core:RetainedEarningsAccumulatedLosses2014-12-31 074938772014-12-31 07493877core:RetainedEarningsAccumulatedLosses2015-01-012015-12-31 07493877core:RetainedEarningsAccumulatedLossesbusiness:AllOrdinaryShares2015-01-012015-12-31 074938772015-01-012015-12-31 07493877core:ShareCapital2015-12-31 07493877core:RetainedEarningsAccumulatedLosses2015-12-31 07493877core:RetainedEarningsAccumulatedLosses2016-01-012016-12-31 07493877core:RetainedEarningsAccumulatedLossesbusiness:AllOrdinaryShares2016-01-012016-12-31 07493877countries:EnglandWales2016-01-012016-12-31 07493877business:RegisteredOffice2016-01-012016-12-31 07493877core:ComputerEquipment2016-01-012016-12-31 07493877core:ComputerEquipment2015-12-31 07493877core:ComputerEquipment2016-12-31 07493877business:OrdinaryShareClass12016-01-012016-12-31 07493877business:OrdinaryShareClass12015-01-012015-12-31 iso4217:GBP xbrli:shares xbrli:pure
Company Registration No. 07493877 (England and Wales)
Hazelwood Professional Ltd Annual report and unaudited accounts for the year ended 31 December 2016
Hazelwood Professional Ltd Annual report and unaudited accounts Contents
Page
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Hazelwood Professional Ltd Statement of financial position as at 31 December 2016
2016 
2015 
Notes
£ 
£ 
Fixed assets
Tangible assets
4
366 
- 
Current assets
Debtors
5
9,545 
30,229 
Cash at bank and in hand
1,904 
8,403 
11,449 
38,632 
Creditors: amounts falling due within one year
6
(12,000)
(17,814)
Net current (liabilities)/assets
(551)
20,818 
Net (liabilities)/assets
(185)
20,818 
Capital and reserves
Called up share capital
7
1 
1 
Profit and loss account
(186)
20,817 
Shareholders' funds
(185)
20,818 
For the year ending 31 December 2016 the company was entitled to exemption from audit 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 director acknowledges her 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities.
Approved by the Board on 27 April 2017.
Jennifer M Bickerdyke Director Company Registration No. 07493877
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Hazelwood Professional Ltd Statement of Changes in Equity as at 31 December 2016
Share capital 
Profit & loss account 
Total 
£ 
£ 
£ 
At 1 January 2015
1 
1,622 
1,623 
Profit for the year
35,145 
35,145 
Dividends
(15,950)
(15,950)
At 31 December 2015
1 
20,817 
20,818 
At 1 January 2016
1 
20,817 
20,818 
Loss for the year
(1,003)
(1,003)
Dividends
(20,000)
(20,000)
At 31 December 2016
1 
(186)
(185)
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Hazelwood Professional Ltd Notes to the Accounts for the year ended 31 December 2016
1
Statutory information
Hazelwood Professional Ltd is a private company, limited by shares, registered in England and Wales, registration number 07493877. The registered office and principal place of business is 9 AMBERLEY ROAD, MACCLESFIELD, CHESHIRE, SK11 8LY.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
These financial statements for the year ended 31 December 2016 are the first financial statements that comply with FRS 102 Section 1A Small Entities. The date of transition is 1 January 2016. The transition to FRS 102 Section 1A Small Entities has resulted in a small number of changes in accounting policies to those used previously. The nature of these changes and their impact on opening equity and profit for the comparative period are explained in note 9 below.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Turnover
Turnover represents the value, net of VAT and discounts, of goods provided to customers and work carried out in respect of services provided to customers.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Computer equipment
33% straight line
4
Tangible fixed assets
Computer equipment 
£ 
Cost or valuation
At cost 
At 1 January 2016
- 
Additions
549 
At 31 December 2016
549 
Depreciation
Charge for the year
183 
At 31 December 2016
183 
Net book value
At 31 December 2016
366 
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Hazelwood Professional Ltd Notes to the Accounts for the year ended 31 December 2016
5
Debtors
2016 
2015 
£ 
£ 
Trade debtors
795 
2,873 
Other debtors
8,750 
27,356 
9,545 
30,229 
6
Creditors: amounts falling due within one year
2016 
2015 
£ 
£ 
Trade creditors
- 
748 
Corporation tax
(334)
8,794 
Other taxes and social security costs
204 
1,302 
Other creditors
603 
1,162 
Loans from directors
11,492 
5,808 
Accruals
35 
- 
12,000 
17,814 
7
Share capital
2016 
2015 
£ 
£ 
Allotted, called up and fully paid:
1 Ordinary shares of £1 each
1 
1 
8
Average number of employees
During the year the average number of employees was 0 (2015: 4).
9
Reconciliations on adoption of FRS 102
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