Abbreviated Company Accounts - HYATT GROUP LTD

Registered Number 05740655

HYATT GROUP LTD

Abbreviated Accounts

31 March 2014

HYATT GROUP LTD Registered Number 05740655

Abbreviated Balance Sheet as at 31 March 2014

	Notes	2014	2013
		£	£
Fixed assets
Tangible assets	2	112,823	62,499
		112,823	62,499
Current assets
Debtors		91,178	44,395
Cash at bank and in hand		17,598	29,306
		108,776	73,701
Net current assets (liabilities)		108,776	73,701
Total assets less current liabilities		221,599	136,200
Creditors: amounts falling due after more than one year		(55,765)	(65,570)
Total net assets (liabilities)		165,834	70,630
Capital and reserves
Called up share capital		100	100
Profit and loss account		165,734	70,530
Shareholders' funds		165,834	70,630

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 9 October 2014

And signed on their behalf by:
Mr A Tokatly, Director

HYATT GROUP LTD Registered Number 05740655

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 amounts receivable for goods and services net of VAT and trade discounts.

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:
Land and buildings Leasehold 10% on reducing balance basis.
Fixtures, fittings & equipment 25% on reducing balance basis.

2Tangible fixed assets

	£
Cost
At 1 April 2013	105,847
Additions	75,835
Disposals	-
Revaluations	-
Transfers	-
At 31 March 2014	181,682
Depreciation
At 1 April 2013	43,348
Charge for the year	25,511
On disposals	-
At 31 March 2014	68,859
Net book values
At 31 March 2014	112,823
At 31 March 2013	62,499