Company Registration No. 6776124 (England and Wales)
HATTON ENERGY LIMITED
Unaudited accounts
for the year ended 31 December 2016
HATTON ENERGY LIMITED
Unaudited accounts
Contents
HATTON ENERGY LIMITED
Company Information
for the year ended 31 December 2016
Directors
R HATTON
S HATTON
Company Number
6776124 (England and Wales)
Registered Office
Bridges Mill
Luxulyan
Bodmin
Cornwall
PL30 5EF
Accountants
SG ACCOUNTANCY
102 TREVERBYN ROAD
CARCLAZE IND ESTATE
ST AUSTELL
CORNWALL
PL25 4EW
HATTON ENERGY LIMITED
Statement of financial position
as at 31 December 2016
Tangible assets
10,767
12,920
Cash at bank and in hand
2,762
10,457
Creditors: amounts falling due within one year
(72,887)
(85,272)
Net current liabilities
(39,219)
(32,502)
Net liabilities
(28,452)
(19,582)
Called up share capital
100
100
Profit and loss account
(28,552)
(19,682)
Shareholders' funds
(28,452)
(19,582)
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 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 and delivered 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. The profit and loss account has not been delivered to the Registrar of Companies.
Approved by the Board on 20 September 2017.
R HATTON
Director
Company Registration No. 6776124
HATTON ENERGY LIMITED
Notes to the Accounts
for the year ended 31 December 2016
HATTON ENERGY LIMITED is a private company, limited by shares, registered in England and Wales, registration number 6776124. The registered office and principal place of business is Bridges Mill, Luxulyan, Bodmin, Cornwall, PL30 5EF.
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.
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 2015.
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 the notes below.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
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 policy
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
HATTON ENERGY LIMITED
Notes to the Accounts
for the year ended 31 December 2016
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At 1 January 2016
21,356
3,295
4,170
28,821
At 31 December 2016
21,356
3,295
4,170
28,821
At 1 January 2016
9,863
2,583
3,455
15,901
Charge for the year
1,738
178
237
2,153
At 31 December 2016
11,601
2,761
3,692
18,054
At 31 December 2016
9,755
534
478
10,767
At 31 December 2015
11,493
712
715
12,920
Finished goods
9,000
8,746
Trade debtors
20,805
23,553
Accrued income and prepayments
1,101
-
7
Creditors: amounts falling due within one year
2016
2015
Trade creditors
5,211
2,841
Taxes and social security
6,918
17,569
Loans from directors
59,908
64,062
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100
100
9
Average number of employees
During the year the average number of employees was 2 (2015: 3).
