Harjella Finance Ltd - Limited company - abbreviated - 11.6

REGISTERED NUMBER: 00745412 (England and Wales)

ABBREVIATED ACCOUNTS FOR THE YEAR ENDED 31 DECEMBER 2014

FOR

HARJELLA FINANCE LTD

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTOR:

S Soloway

SECRETARY:

Mrs R Soloway

REGISTERED OFFICE:

Fourways

Mount Park Road

Harrow on the Hill

Middlesex

HA1 3JY

REGISTERED NUMBER:

00745412 (England and Wales)

ACCOUNTANTS:

E Dessai & Co

Chartered Accountants

Vyman House

104 College Road

Harrow

Middlesex

HA1 1BQ

FIXED ASSETS

Tangible assets

2

-

1,059,724

CURRENT ASSETS

Cash at bank

2,091

465,491

CREDITORS

Amounts falling due within one year

(849

)

112,086

NET CURRENT ASSETS

2,940

353,405

TOTAL ASSETS LESS CURRENT LIABILITIES

2,940

1,413,129

CREDITORS

Amounts falling due after more than one year

-

402

NET ASSETS

2,940

1,412,727

CAPITAL AND RESERVES

Called up share capital

3

6

6

Revaluation reserve

-

867,871

Profit and loss account

2,934

544,850

SHAREHOLDERS' FUNDS

2,940

1,412,727

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2014.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2014 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The abbreviated accounts have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.

The financial statements were approved by the director on 15 January 2015 and were signed by:

S Soloway - Director

1.	ACCOUNTING POLICIES

Accounting convention

The financial statements have been prepared under the historical cost convention and in accordance with the

Financial Reporting Standard for Smaller Entities (effective April 2008).

Turnover

Turnover represents net invoiced sales of services, excluding value added tax.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery

-

25% on reducing balance

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance

sheet date.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 January 2014

1,071,184

Disposals

(1,071,184

)

At 31 December 2014

-

DEPRECIATION

At 1 January 2014

11,460

Eliminated on disposal

(11,460

)

At 31 December 2014

-

NET BOOK VALUE

At 31 December 2014

-

At 31 December 2013

1,059,724

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2014

2013

value:

£

£

6

Ordinary

1

6

6