Abbreviated Company Accounts - HNV LIMITED

09203775 HNV LIMITED 2016-10-31 false 2015-11-01 2016-10-31 true 09203775 2015-11-01 2016-10-31 09203775 2016-10-31 09203775 2015-10-31 09203775 uk-gaap-cd-bus:Director1 2015-11-01 2016-10-31 09203775 uk-gaap-cd-bus:Director2 2015-11-01 2016-10-31 uk-gaap-cd-bus:OrdinaryShareClass1 2015-11-01 2016-10-31 uk-gaap-cd-bus:OrdinaryShareClass1 2016-10-31 uk-gaap-cd-bus:OrdinaryShareClass1 2015-10-31 uk-gaap-cd-bus:OrdinaryShareClass2 2015-11-01 2016-10-31 uk-gaap-cd-bus:OrdinaryShareClass2 2016-10-31 uk-gaap-cd-bus:OrdinaryShareClass2 2015-10-31 uk-gaap-cd-bus:OrdinaryShareClass3 2015-11-01 2016-10-31 uk-gaap-cd-bus:OrdinaryShareClass3 2016-10-31 uk-gaap-cd-bus:OrdinaryShareClass3 2015-10-31 uk-gaap-cd-bus:OrdinaryShareClass4 2015-11-01 2016-10-31 uk-gaap-cd-bus:OrdinaryShareClass4 2016-10-31 uk-gaap-cd-bus:OrdinaryShareClass4 2015-10-31 uk-gaap-cd-bus:OrdinaryShareClass5 2015-11-01 2016-10-31 uk-gaap-cd-bus:OrdinaryShareClass5 2016-10-31 uk-gaap-cd-bus:OrdinaryShareClass5 2015-10-31 iso4217:GBP shares

Registered Number 09203775

HNV LIMITED

Abbreviated Accounts

31 October 2016

HNV LIMITED Registered Number 09203775

Abbreviated Balance Sheet as at 31 October 2016

	Notes	2016	2015
		£	£
Fixed assets
Intangible assets	2	39,499	44,437
Tangible assets	3	9,838	13,118
Investments	4	100	100
		49,437	57,655
Current assets
Debtors		14,417	100
Cash at bank and in hand		198	5,111
		14,615	5,211
Creditors: amounts falling due within one year	5	(54,022)	(38,075)
Net current assets (liabilities)		(39,407)	(32,864)
Total assets less current liabilities		10,030	24,791
Creditors: amounts falling due after more than one year	5	-	(15,018)
Provisions for liabilities		(1,968)	(2,624)
Total net assets (liabilities)		8,062	7,149
Capital and reserves
Called up share capital	6	100	100
Profit and loss account		7,962	7,049
Shareholders' funds		8,062	7,149

For the year ending 31 October 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 28 July 2017

And signed on their behalf by:
J Hetherington, Director
B Newman, Director

HNV LIMITED Registered Number 09203775

Notes to the Abbreviated Accounts for the period ended 31 October 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 the total invoice value, excluding value added tax, of fees receivable during the year and derives from the provision of goods falling within the company's ordinary activities.

Tangible assets depreciation policy
Depreciation is provided at rates calculated to write off the cost less residual value of each asset over its expected useful life, as follows: Plant and machinery - 20% straight line basis

Intangible assets amortisation policy
Acquired goodwill is written off in equal annual instalments over its estimated useful economic life of 10 years.

Other accounting policies
Group accounts
The company is entitled to the exemption to prepare group accounts under Section 398 of the Companies Act 2006 from the obligation to prepare group accounts.

2Intangible fixed assets

	£
Cost
At 1 November 2015	49,375
Additions	-
Disposals	-
Revaluations	-
Transfers	-
At 31 October 2016	49,375
Amortisation
At 1 November 2015	4,938
Charge for the year	4,938
On disposals	-
At 31 October 2016	9,876
Net book values
At 31 October 2016	39,499
At 31 October 2015	44,437

3Tangible fixed assets

	£
Cost
At 1 November 2015	16,398
Additions	-
Disposals	-
Revaluations	-
Transfers	-
At 31 October 2016	16,398
Depreciation
At 1 November 2015	3,280
Charge for the year	3,280
On disposals	-
At 31 October 2016	6,560
Net book values
At 31 October 2016	9,838
At 31 October 2015	13,118

4Fixed assets Investments
Shares in subsidiary undertaking £100 (2015 £100)

5Creditors

	2016 £	2015 £
Secured Debts	14,584	30,173

6Called Up Share Capital
Allotted, called up and fully paid:

	2016 £	2015 £
0 Ordinary shares of £1 each (100 shares for 2015)	0	100
24 A Ordinary shares of £1 each (0 shares for 2015)	24	0
24 B Ordinary shares of £1 each (0 shares for 2015)	24	0
23 C Ordinary shares of £1 each (0 shares for 2015)	23	0
23 D Ordinary shares of £1 each (0 shares for 2015)	23	0

6 E Ordinary shares of £1