Abbreviated Company Accounts - HARGOOD ENGINEERS LIMITED

HARGOOD ENGINEERS LIMITED - Company Information

01114022 HARGOOD ENGINEERS LIMITED 2014-06-30 false 2013-07-01 2014-06-30 true 01114022 2013-07-01 2014-06-30 01114022 2014-06-30 01114022 2013-06-30 01114022 uk-gaap-cd-bus:Director1 2013-07-01 2014-06-30 01114022 uk-gaap-cd-bus:Director2 2013-07-01 2014-06-30 uk-gaap-cd-bus:OrdinaryShareClass1 2013-07-01 2014-06-30 uk-gaap-cd-bus:OrdinaryShareClass1 2014-06-30 uk-gaap-cd-bus:OrdinaryShareClass1 2013-06-30 iso4217:GBP shares

Registered Number 01114022

HARGOOD ENGINEERS LIMITED

Abbreviated Accounts

30 June 2014

HARGOOD ENGINEERS LIMITED Registered Number 01114022

Abbreviated Balance Sheet as at 30 June 2014

	Notes	2014	2013
		£	£
Fixed assets
Tangible assets	2	-	2,047
		-	2,047
Current assets
Debtors		4,878	10,209
Cash at bank and in hand		45,616	7,476
		50,494	17,685
Creditors: amounts falling due within one year		(460)	(7,146)
Net current assets (liabilities)		50,034	10,539
Total assets less current liabilities		50,034	12,586
Total net assets (liabilities)		50,034	12,586
Capital and reserves
Called up share capital	3	100	100
Profit and loss account		49,934	12,486
Shareholders' funds		50,034	12,586

For the year ending 30 June 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 31 July 2014

And signed on their behalf by:
Mr. W. J. O'Donnell, Director

HARGOOD ENGINEERS LIMITED Registered Number 01114022

Notes to the Abbreviated Accounts for the period ended 30 June 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
The turnover shown in the profit and loss account represents amounts invoiced during the year, exclusive of Value Added Tax.

In respect of long-term contracts and contracts for on-going services, turnover represents the value of work done in the year, including estimates of amounts not invoiced. Turnover in respect of long-term contracts and contracts for on-going services is recognised by reference to the stage of completion.

Tangible assets depreciation policy
Depreciation is calculated so as to write off the cost of an asset, less its estimated residual value, over the useful economic life of that asset as follows:

Freehold Property 2% straight line
Plant & Machinery 25% reducing balance

2Tangible fixed assets

	£
Cost
At 1 July 2013	191,234
Additions	-
Disposals	(191,234)
Revaluations	-
Transfers	-
At 30 June 2014	0
Depreciation
At 1 July 2013	189,187
Charge for the year	-
On disposals	(189,187)
At 30 June 2014	0
Net book values
At 30 June 2014	0
At 30 June 2013	2,047

3Called Up Share Capital
Allotted, called up and fully paid:

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