Abbreviated Company Accounts - HALAGEN LIMITED

05579107 HALAGEN LIMITED 2014-03-31 false 2013-04-01 2014-03-31 true 05579107 2013-04-01 2014-03-31 05579107 2014-03-31 05579107 2013-03-31 05579107 uk-gaap-cd-bus:Director1 2013-04-01 2014-03-31 05579107 uk-gaap-cd-bus:Director2 2013-04-01 2014-03-31 uk-gaap-cd-bus:Director3 2013-04-01 2014-03-31 uk-gaap-cd-bus:Director3 2014-03-31 uk-gaap-cd-bus:Director3 2013-03-31 uk-gaap-cd-bus:Director4 2013-04-01 2014-03-31 uk-gaap-cd-bus:Director4 2014-03-31 uk-gaap-cd-bus:Director4 2013-03-31 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 05579107

HALAGEN LIMITED

Abbreviated Accounts

31 March 2014

HALAGEN LIMITED Registered Number 05579107

Abbreviated Balance Sheet as at 31 March 2014

	Notes	2014	2013
		£	£
Called up share capital not paid		-	-
Fixed assets
Tangible assets	2	9,416	1,281
		9,416	1,281
Current assets
Stocks		4,967	3,940
Debtors	3	24,570	37,498
		29,537	41,438
Creditors: amounts falling due within one year		(28,021)	(38,874)
Net current assets (liabilities)		1,516	2,564
Total assets less current liabilities		10,932	3,845
Total net assets (liabilities)		10,932	3,845
Capital and reserves
Called up share capital	4	10	10
Profit and loss account		10,922	3,835
Shareholders' funds		10,932	3,845

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 6 December 2014

And signed on their behalf by:
Clive Newell, Director
Isabel Newell, Director

HALAGEN LIMITED Registered Number 05579107

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

1Accounting Policies

Basis of measurement and preparation of accounts
ACCOUNTING POLICIES

Basis of accounting

The financial statements have been prepared under the historical cost convention, and in accordance with the Financial Reporting Standard for Smaller Entities (effective June 2002).

Turnover

The turnover shown in the profit and loss account represents amounts invoiced during the year, exclusive of Value Added Tax.

Fixed assets

All fixed assets are initially recorded at cost.

Depreciation

Depreciation is charged at the rate of 25% on cost of all asset groups.

2Tangible fixed assets

	£
Cost
At 1 April 2013	2,929
Additions	9,156
Disposals	-
Revaluations	-
Transfers	-
At 31 March 2014	12,085
Depreciation
At 1 April 2013	1,648
Charge for the year	1,021
On disposals	-
At 31 March 2014	2,669
Net book values
At 31 March 2014	9,416
At 31 March 2013	1,281

Depreciation is calculated at 25% on cost each year for all asset groups.

3Debtors

There were no debtors due after more than one year.

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

	2014 £	2013 £
10 Ordinary shares of £1 each	10	10

5Transactions with directors

Name of director receiving advance or credit:	Clive Newell
Description of the transaction:	Loan
Balance at 1 April 2013:	£ 9,912
Advances or credits made:	£ 10,949
Advances or credits repaid:	£ 17,456
Balance at 31 March 2014:	£ 3,405

Name of director receiving advance or credit:	Isabel Newell
Description of the transaction:	Loan
Balance at 1 April 2013:	£ 9,911
Advances or credits made:	£ 10,949
Advances or credits repaid:	£ 17,456
Balance at 31 March 2014:	£ 3,404

All loans to directors have been repaid subsequent to the balance sheet date.