Abbreviated Company Accounts - HL DEVELOPMENTS UK LIMITED

Abbreviated Company Accounts - HL DEVELOPMENTS UK LIMITED


Registered Number 06759749

HL DEVELOPMENTS UK LIMITED

Abbreviated Accounts

30 April 2014

HL DEVELOPMENTS UK LIMITED Registered Number 06759749

Abbreviated Balance Sheet as at 30 April 2014

Notes 2014 2013
£ £
Current assets
Cash at bank and in hand 385 379
385 379
Creditors: amounts falling due within one year (3,549) (3,550)
Net current assets (liabilities) (3,164) (3,171)
Total assets less current liabilities (3,164) (3,171)
Creditors: amounts falling due after more than one year (61,232) (60,125)
Accruals and deferred income (400) (400)
Total net assets (liabilities) (64,796) (63,696)
Capital and reserves
Called up share capital 2 1 1
Profit and loss account (64,797) (63,697)
Shareholders' funds (64,796) (63,696)
  • For the year ending 30 April 2014 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 8 September 2014

And signed on their behalf by:
Mr P J Haigh, Director

HL DEVELOPMENTS UK LIMITED Registered Number 06759749

Notes to the Abbreviated Accounts for the period ended 30 April 2014

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 April 2008).

Tangible assets depreciation policy
Depreciation is provided on all tangible fixed assets at rates calculated to write off the full cost or valuation less estimated residual value of each asset over its estimated useful life. The principal rates in use are:
Asset class Depreciation method and rate
Motor Vehicles 25% on reducing balance

Other accounting policies
Financial instruments
Financial instruments are classified and accounted for, according to the substance of the contractual arrangement, as financial assets, financial liabilities or equity instruments. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities. Where shares are issued, any component that creates a financial liability of the company is presented as a liability in the balance sheet. The corresponding dividends relating to the liability component are charged as interest expense in the profit and loss account.

2Called Up Share Capital
Allotted, called up and fully paid:
2014
£
2013
£
1 Ordinary shares of £1 each 1 1