Halley & Halley Limited - Limited company - abbreviated - 11.6

REGISTERED NUMBER: NI618385 (Northern Ireland)

Halley & Halley Limited

Abbreviated Unaudited Accounts

for the period

13 May 2013 to 31 March 2014

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTOR:

Mr R Halley

REGISTERED OFFICE:

184 Rashee Road

Ballyclare

Co. Antrim

BT39 9JB

REGISTERED NUMBER:

NI618385 (Northern Ireland)

ACCOUNTANTS:

Agnew Mitchell & Cairns

184 Rashee Road

Ballyclare

Co. Antrim

BT39 9JB

CURRENT ASSETS

Debtors

722,251

Cash at bank and in hand

318,516

1,040,767

CREDITORS

Amounts falling due within one year

1,051,246

NET CURRENT LIABILITIES

(10,479

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(10,479

)

CAPITAL AND RESERVES

Called up share capital

2

100

Profit and loss account

(10,579

)

SHAREHOLDERS' FUNDS

(10,479

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 31 March 2014.

The members have not required the company to obtain an audit of its financial statements for the period ended 31 March 2014 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The abbreviated accounts have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.

The financial statements were approved by the director on 17 November 2014 and were signed by:

Mr R Halley - Director

1.	ACCOUNTING POLICIES

Accounting convention

The financial statements have been prepared under the historical cost convention and in accordance with the

Financial Reporting Standard for Smaller Entities (effective April 2008).

Turnover

Turnover represents net invoiced sales of goods, excluding value added tax.

Going concern

The director appreciates that the Balance Sheet shows an insolvent position at 31 March 2014, however, the

director is confident, as a result of trading performance after 31 March 2014, that this situation will improve in

the current financial year.

2.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

value:

£

100

Ordinary Share

£1

100

100 Ordinary Share shares of £1 each were allotted and fully paid for cash at par during the period.