Abbreviated Company Accounts - HALDON FINANCIAL LIMITED

HALDON FINANCIAL LIMITED - Company Information

07198574 HALDON FINANCIAL LIMITED 2014-03-31 false 2013-04-01 2014-03-31 true 07198574 2013-04-01 2014-03-31 07198574 2014-03-31 07198574 2013-03-31 07198574 uk-gaap-cd-bus:Director1 2013-04-01 2014-03-31 07198574 uk-gaap-cd-bus:Director2 2013-04-01 2014-03-31 uk-gaap-cd-bus:OrdinaryShareClass1 2013-04-01 2014-03-31 uk-gaap-cd-bus:OrdinaryShareClass1 2014-03-31 uk-gaap-cd-bus:OrdinaryShareClass1 2013-03-31 iso4217:GBP shares

Registered Number 07198574

HALDON FINANCIAL LIMITED

Abbreviated Accounts

31 March 2014

HALDON FINANCIAL LIMITED Registered Number 07198574

Abbreviated Balance Sheet as at 31 March 2014

	Notes	2014	2013
		£	£
Fixed assets
Intangible assets	2	22,500	26,250
Tangible assets	3	261	501
		22,761	26,751
Current assets
Debtors		5,113	5,073
Investments		503	635
Cash at bank and in hand		76,440	47,134
		82,056	52,842
Creditors: amounts falling due within one year		(42,984)	(28,433)
Net current assets (liabilities)		39,072	24,409
Total assets less current liabilities		61,833	51,160
Creditors: amounts falling due after more than one year		(23,781)	(23,781)
Total net assets (liabilities)		38,052	27,379
Capital and reserves
Called up share capital	4	100	100
Profit and loss account		37,952	27,279
Shareholders' funds		38,052	27,379

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 3 May 2014

And signed on their behalf by:
M coombe, Director

HALDON FINANCIAL LIMITED Registered Number 07198574

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 represents the total invoice value, excluding value added tax, of sales made 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 cost less residual value of each asset over it expected useful life, as follows:
Fixtures, fittings and equipment - 25% straight line

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

Other accounting policies
Investment
Current asset investments are at the lower of cost and ret realisable value

2Intangible fixed assets

	£
Cost
At 1 April 2013	37,500
Additions	-
Disposals	-
Revaluations	-
Transfers	-
At 31 March 2014	37,500
Amortisation
At 1 April 2013	11,250
Charge for the year	3,750
On disposals	-
At 31 March 2014	15,000
Net book values
At 31 March 2014	22,500
At 31 March 2013	26,250

3Tangible fixed assets

	£
Cost
At 1 April 2013	960
Additions	-
Disposals	-
Revaluations	-
Transfers	-
At 31 March 2014	960
Depreciation
At 1 April 2013	459
Charge for the year	240
On disposals	-
At 31 March 2014	699
Net book values
At 31 March 2014	261
At 31 March 2013	501

4Called Up Share Capital
Allotted, called up and fully paid:

	2014 £	2013 £
100 Ordinary shares of £1 each	100	100