Abbreviated Company Accounts - HIRSCH & CO. LTD.

Registered Number 02463871

HIRSCH & CO. LTD.

Abbreviated Accounts

31 March 2014

HIRSCH & CO. LTD. Registered Number 02463871

Abbreviated Balance Sheet as at 31 March 2014

	Notes	2014	2013
		£	£
Called up share capital not paid		-	-
Fixed assets
Tangible assets	2	785	929
		785	929
Current assets
Debtors		43,270	43,290
Cash at bank and in hand		41,068	22,907
		84,338	66,197
Creditors: amounts falling due within one year		(56,432)	(53,930)
Net current assets (liabilities)		27,906	12,267
Total assets less current liabilities		28,691	13,196
Total net assets (liabilities)		28,691	13,196
Capital and reserves
Called up share capital		1	1
Share premium account		0	0
Profit and loss account		28,690	13,195
Shareholders' funds		28,691	13,196

For the year ending 31 March 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 11 December 2014

And signed on their behalf by:
H Sharma, Director

HIRSCH & CO. LTD. Registered Number 02463871

Notes to the Abbreviated Accounts for the period ended 31 March 2014

1Accounting Policies

Basis of measurement and preparation of accounts
The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities effective April 2008.

Turnover policy
Turnover consists of the involved value (excluding V.A.T.) receivable by the company in the ordinary course of business for goods supplied and for services supplied as a principal.

Tangible assets depreciation policy
Depreciation is calculated to write off the cost, less estimated residual value, of the tangible fixed assets over their estimated useful lives to the business. where there is evidence of impairment, fixed assets are written down to receivable amount, any such write down would be charged to operating profit.

2Tangible fixed assets

	£
Cost
At 1 April 2013	14,697
Additions	118
Disposals	-
Revaluations	-
Transfers	-
At 31 March 2014	14,815
Depreciation
At 1 April 2013	13,768
Charge for the year	262
On disposals	-
At 31 March 2014	14,030
Net book values
At 31 March 2014	785
At 31 March 2013	929