| ADEYFIELD (HVP) LTD |
| Registered number: |
07923214 |
| Unaudited Abbreviated Balance Sheet |
| as at 30 April 2014 |
|
| Notes |
|
|
2014 |
|
|
2013 |
| £ |
£ |
| Fixed assets |
| Intangible assets |
2 |
|
|
135,000 |
|
|
142,500 |
| Tangible assets |
3 |
|
|
24,706 |
|
|
25,173 |
|
|
|
|
159,706 |
|
|
167,673 |
|
| Current assets |
| Stocks |
|
|
14,011 |
|
|
8,046 |
| Debtors |
|
|
1,811 |
|
|
- |
| Cash at bank and in hand |
|
|
8,145 |
|
|
8,735 |
|
|
|
23,967 |
|
|
16,781 |
|
| Creditors: amounts falling due within one year |
|
|
(32,239) |
|
|
(30,933) |
|
| Net current liabilities |
|
|
|
(8,272) |
|
|
(14,152) |
|
| Total assets less current liabilities |
|
|
|
151,434 |
|
|
153,521 |
|
| Creditors: amounts falling due after more than one year |
|
|
|
(143,103) |
|
|
(148,560) |
|
|
|
| Net assets |
|
|
|
8,331 |
|
|
4,961 |
|
|
|
|
|
|
|
|
| Capital and reserves |
| Called up share capital |
4 |
|
|
2 |
|
|
2 |
| Profit and loss account |
|
|
|
8,329 |
|
|
4,959 |
|
| Shareholders' funds |
|
|
|
8,331 |
|
|
4,961 |
|
|
|
|
|
|
|
|
| The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006. |
| The members have not required the company to obtain an audit in accordance with section 476 of the Act. |
| The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts. |
| The accounts have been prepared in accordance with the provisions in Part 15 of the Companies Act 2006 applicable to companies subject to the small companies regime. |
|
|
|
| H V Patel |
| Director |
| Approved by the board on 28 January 2015 |
|
| The notes on pages 2 and 3 form part of these unaudited abbreviated accounts. |
|
| ADEYFIELD (HVP) LTD |
| Notes to the Unaudited Abbreviated Accounts |
| for the year ended 30 April 2014 |
|
| 1 |
Accounting policies |
|
|
Basis of preparation |
|
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 |
|
Turnover represents the value, net of value added tax, of goods and services provided to customers during the running of the post office franchise and shop. |
|
|
Tangible fixed assets and depreciation |
|
Tangible fixed assets less depreciation. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives: |
|
|
Fixtures and equipment |
10% per annum on a straight line basis |
|
|
Stocks |
|
Stock is valued at the lower of cost and net realisable value. |
|
|
Grants |
|
Revenue grants received for the year are recognised in the Profit and Loss account in so far they relate to the financial year.
Capital grants received are credited to deferred income under creditors and are released to profit and loss account so they exactly match the depreciation on the related fixed assets acquired using the funding provided by the grant. The grant is released to income over the life of the related asset. |
|
|
Intangible fixed assets and amortisation |
|
Intangible fixed assets are stated at cost less amortisation. Goodwill is being written off in equal annual instalments over its estimated economic life of 20 years. |
|
|
| 2 |
Intangible fixed assets |
£ |
|
|
Cost |
|
At 1 May 2013 |
150,000 |
|
At 30 April 2014 |
150,000 |
|
|
|
|
|
|
|
|
Amortisation |
|
At 1 May 2013 |
7,500 |
|
Provided during the year |
7,500 |
|
At 30 April 2014 |
15,000 |
|
|
|
|
|
|
|
|
Net book value |
|
At 30 April 2014 |
135,000 |
|
At 30 April 2013 |
142,500 |
|
|
|
|
|
|
|
|
| 3 |
Tangible fixed assets |
£ |
|
|
Cost |
|
At 1 May 2013 |
27,970 |
|
Additions |
2,588 |
|
At 30 April 2014 |
30,558 |
|
|
|
|
|
|
|
|
Depreciation |
|
At 1 May 2013 |
2,797 |
|
Charge for the year |
3,055 |
|
At 30 April 2014 |
5,852 |
|
|
|
|
|
|
|
|
Net book value |
|
At 30 April 2014 |
24,706 |
|
At 30 April 2013 |
25,173 |
|
|
|
|
|
|
|
|
| 4 |
Share capital |
Nominal |
|
2014 |
|
2014 |
|
2013 |
| value |
Number |
£ |
£ |
|
Allotted, called up and fully paid: |
|
Ordinary shares |
£1 each |
|
2 |
|
2 |
|
2 |
|
|
|
|
|
|
|
|
|
