Abbreviated Company Accounts - O'HERLIHY & CO. LIMITED

O'HERLIHY & CO. LIMITED - Company Information

SC217795 O'HERLIHY & CO. LIMITED 2014-03-31 false 2013-04-01 2014-03-31 true SC217795 2013-04-01 2014-03-31 SC217795 2014-03-31 SC217795 2013-03-31 SC217795 uk-gaap-cd-bus:Director1 2013-04-01 2014-03-31 SC217795 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 SC217795

O'HERLIHY & CO. LIMITED

Abbreviated Accounts

31 March 2014

O'HERLIHY & CO. LIMITED Registered Number SC217795

Abbreviated Balance Sheet as at 31 March 2014

	Notes	2014	2013
		£	£
Fixed assets
Tangible assets	2	50,489	53,585
		50,489	53,585
Current assets
Debtors		23,776	14,641
Cash at bank and in hand		15,001	3,449
		38,777	18,090
Creditors: amounts falling due within one year	3	(45,134)	(31,525)
Net current assets (liabilities)		(6,357)	(13,435)
Total assets less current liabilities		44,132	40,150
Creditors: amounts falling due after more than one year	3	(17,946)	(25,751)
Total net assets (liabilities)		26,186	14,399
Capital and reserves
Called up share capital	4	100	100
Profit and loss account		26,086	14,299
Shareholders' funds		26,186	14,399

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 17 December 2014

And signed on their behalf by:
DONAL O'HERLIHY, Director

O'HERLIHY & CO. LIMITED Registered Number SC217795

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 VALUE, NET OF VALUE ADDED TAX AND DISCOUNTS, OF SERVICES PROVIDED TO CUSTOMERS ADJUSTED FOR OPENING AND CLOSING AMOUNTS RECOVERABLE ON CONTRACTS

Tangible assets depreciation policy
DEPRECIATION IS PROVIDED AT THE FOLLOWING RATES IN ORDER TO WRITE OFF EACH ASSET OVER ITS ESTIMATED USEFUL LIFE
LAND AND BUILDINGS 4% STRAIGHT LINE
COMPUTERS AND OFFICE EQUIPMENT 25% STARIGHT LINE

2Tangible fixed assets

	£
Cost
At 1 April 2013	72,156
Additions	-
Disposals	-
Revaluations	-
Transfers	-
At 31 March 2014	72,156
Depreciation
At 1 April 2013	18,571
Charge for the year	3,096
On disposals	-
At 31 March 2014	21,667
Net book values
At 31 March 2014	50,489
At 31 March 2013	53,585

3Creditors

	2014 £	2013 £
Secured Debts	24,435	29,323
Instalment debts due after 5 years	-	9,479

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

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