Hastings & Company Limited
|
Registered Number
:
03094597
|
For the year ended 28 February 2018
England and Wales
Report of the Directors and Unaudited Financial Statements
For the year ended 28 February 2018
Hastings & Company Limited
Contents Page
2
Directors' Report
3
Independent Accountants' Report
4
Income Statement
5
Other Comprehensive Income
6
Statement of Financial Position
7
Notes to the Financial Statements
For the year ended 28 February 2018
Hastings & Company Limited
Company Information
Mr William Hastings
Directors
Mrs Christine Hastings
William Hastings
Company Secretary
03094597
Pen Y Lan
Llanrug
Gwynedd
LL55 4AF
Calcul8
Accountants
12 Lon Y Meillion
Bangor
Gwynedd
LL57 2LE
1 of 7
For the year ended 28 February 2018
Hastings & Company Limited
Directors' Report
The directors present their report and financial statements for the year ended 28 February 2018.
The principal activity of the company continued to be that of
Directors
The directors who served the company throughout the year were as follows:
Mr William Hastings
Mrs Christine Hastings
William Hastings Secretary
|
Signed on behalf of the board of directors
This report has been prepared in accordance with the special provisions relating to small companies within Part 15 of the Companies Act 2006.
|
31 May 2018
2 of 7
For the year ended 28 February 2018
Hastings & Company Limited
Independent Accountants' Report
Report to the directors on the preparation of the unaudited statutory accounts of Hastings
&
Company Limited
|
for the year ended
28
February
2018
|
In order to assist you to fulfil your duties under Companies Act
2006
,
we have prepared for your approval the accounts
|
of Hastings
&
Company Limited for the year ended
28
February
2018
which comprise the Income Statement
,
Other
|
Comprehensive Income
,
the Statement of Financial Position and the related notes from the company
'
s accounting
|
records and from information and explanations you have given us
.
|
As a practising firm of the Association of Chartered Certified Accountants
,
we are subject to its ethical and other
|
professional requirements which are detailed at http
://
rulebook
.
accaglobal
.
com
.
|
This report is made solely to the Board of Directors of Hastings
&
Company Limited
,
as a body
,
in accordance with the
|
terms of our engagement letter dated
31
May
2018
.
Our work has been undertaken solely to prepare for your approval
|
the accounts of Hastings
&
Company Limited and state those matters that we have agreed to state to the Board of
|
Directors of Hastings
&
Company Limited
,
as a body
,
in this report in accordance with the requirements of the
|
Association of Chartered Certified Accountants and as detailed at http
://
www
.
accaglobal
.
com
/
factsheet
163
.
To the
|
fullest extent permitted by law
,
we do not accept or assume responsibility to anyone other than Hastings
&
Company
|
Limited and its Board of Directors as a body for our work or for this report
.
|
It is your duty to ensure that Hastings
&
Company Limited has kept adequate accounting records and to prepare
|
statutory accounts that give a true and fair view of the assets
,
liabilities
,
financial position and loss of Hastings
&
|
Company Limited
.
You consider that Hastings
&
Company Limited is exempt from the statutory audit requirement for
|
the year
.
|
Calcul8
Sonia Pritchard
12 Lon Y Meillion
Bangor
Gwynedd
LL57 2LE
31 May 2018
3 of 7
For the year ended 28 February 2018
Hastings & Company Limited
Income Statement
2018
-
Gross profit
-
(11,914)
Operating loss
(11,914)
(11,914)
Loss before taxation
(11,914)
Loss for the financial year
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For the year ended 28 February 2018
Hastings & Company Limited
Other Comprehensive Income
2018
(11,914)
Profit/Loss for the financial year
Total comprehensive income since last annual report
|
(11,914)
5 of 7
Hastings & Company Limited
Statement of Financial Position
2018
Property
,
plant and equipment
|
356,119
2
356,119
Total assets less current liabilities
|
356,119
Trade and other payables
:
amounts falling due after more
|
than one year
|
(283,081)
3
73,038
Net assets/liabilities
2
73,036
73,038
Shareholders' funds
For the year ended 28 February 2018 the company was entitled to exemption from audit under Section 477 of the Companies Act 2006 relating to small companies.
|
The members have not required the company to obtain an audit of its financial statements for the year ended 28 February 2018 in accordance with Section 476 of the Companies Act 2006
|
The directors acknowledge their responsibilities for:a) ensuring that the company keeps proper 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 Section
|
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 financial statements have been prepared in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.
|
These financial statements were approved and authorised for issue by the Board on 31 May 2018 and were signed by:
|
The notes form part of these financial statements
|
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For the year ended 28 February 2018
Hastings & Company Limited
Notes to the Financial Statements
Statutory Information
Hastings
&
Company Limited is a private limited company
,
limited by shares
,
domiciled in England and Wales
,
|
registration number
03094597
.
|
Pen Y Lan
Llanrug
Gwynedd
LL55 4AF
The presentation currency is £ sterling
.
|
Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section
1
A of Financial
|
Reporting Standard
102
''
The Financial Reporting Standard applicable in the UK and Republic of Ireland
''
and the
|
Companies Act
2006
.
The financial statements have been prepared under the historical costs convention as
|
modified by the revaluation of certain assets
.
|
2
.
Property
,
plant and equipment
|
343,052
-
343,052
16,334
16,334
-
343,052
16,334
359,386
Provision for depreciation and impairment
|
Charge for year
3,267
3,267
-
3,267
3,267
-
343,052
13,067
356,119
343,052
-
343,052
3
.
Trade and other payables
:
amounts falling due after more than one year
|
2018
283,081
7 of 7