Abbreviated Company Accounts - HELIART LIMITED

WILLOW ENGINEERING FABRICATION DESIGN LIMITED - Company Information

08013704 HELIART LIMITED 2014-03-31 false 2013-04-01 2014-03-31 true 08013704 2013-04-01 2014-03-31 08013704 2014-03-31 08013704 2013-03-31 08013704 uk-gaap-cd-bus:Director1 2013-04-01 2014-03-31 08013704 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 08013704

HELIART LIMITED

Abbreviated Accounts

31 March 2014

HELIART LIMITED Registered Number 08013704

Abbreviated Balance Sheet as at 31 March 2014

	Notes	2014	2013
		£	£
Fixed assets
Tangible assets	2	336,000	378,000
		336,000	378,000
Current assets
Debtors		29,643	69,466
Cash at bank and in hand		8,189	33,031
		37,832	102,497
Creditors: amounts falling due within one year		(349,502)	(345,663)
Net current assets (liabilities)		(311,670)	(243,166)
Total assets less current liabilities		24,330	134,834
Creditors: amounts falling due after more than one year		(173,101)	(196,277)
Total net assets (liabilities)		(148,771)	(61,443)
Capital and reserves
Called up share capital	3	1	1
Profit and loss account		(148,772)	(61,444)
Shareholders' funds		(148,771)	(61,443)

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 14 December 2014

And signed on their behalf by:
H J Evans, Director

HELIART LIMITED Registered Number 08013704

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

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 April 2008).

The financial statements have been prepared under the going concern basis, dependent on the continuing support of its shareholders.

Turnover policy
Turnover represents amounts derived from the principal activity of the company.

Tangible assets depreciation policy
Tangible fixed assets are stated at cost less depreciation. Depreciation is provided at rates calculated to write off the cost less estimated residual value of each asset over its expected useful life, as follows:

Plant and machinery - 10% straight line

2Tangible fixed assets

	£
Cost
At 1 April 2013	420,000
Additions	-
Disposals	-
Revaluations	-
Transfers	-
At 31 March 2014	420,000
Depreciation
At 1 April 2013	42,000
Charge for the year	42,000
On disposals	-
At 31 March 2014	84,000
Net book values
At 31 March 2014	336,000
At 31 March 2013	378,000

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

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