Company Registration No. 04002803 (England and Wales)
1 HEATH DRIVE LIMITED
UNAUDITED ABBREVIATED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MAY 2016
1 HEATH DRIVE LIMITED
CONTENTS
Page
Abbreviated balance sheet
1
Notes to the abbreviated accounts
2
1 HEATH DRIVE LIMITED
ABBREVIATED BALANCE SHEET
- 1 -
2016
2015
Notes
£
£
£
£
Fixed assets
Tangible assets
2
10,750
10,750
Current assets
Debtors
909
173
Cash at bank and in hand
11,715
10,990
12,624
11,163
Creditors: amounts falling due within one year
(15,158)
(12,212)
Net current liabilities
(2,534)
(1,049)
Total assets less current liabilities
8,216
9,701
Capital and reserves
Called up share capital
3
4
4
Other reserves
15,644
15,644
Profit and loss account
(7,432)
(5,947)
Shareholders' funds
8,216
9,701
For the financial year ended 31 May 2016 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Directors' responsibilities:
-
The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476;
-
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.
These abbreviated financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime.
Approved by the Board for issue on 23 February 2017
Mr M V Jorgensen
Director
Company Registration No. 04002803
1 HEATH DRIVE LIMITED
NOTES TO THE ABBREVIATED ACCOUNTS
FOR THE YEAR ENDED 31 MAY 2016
- 2 -
1
Accounting policies
1.1
Accounting convention
The financial statements are prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective January 2015).
1.2
Compliance with accounting standards
The financial statements are prepared in accordance with applicable United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice), which have been applied consistently
.
1.3
Turnover
Turnover represents service charges received from the lessees at 1 Heath Drive, Hampstead, London, NW3 7SY.
service charges received from the lessees at 1 Heath Drive, Hampstead, London, NW3 7SY.
1.4
Tangible fixed assets and depreciation
No depreciation is provided in respect of freehold land.
2
Fixed assets
Tangible assets
£
Cost
At 1 June 2015 & at 31 May 2016
10,750
Depreciation
At 1 June 2015 & at 31 May 2016
-
Net book value
At 31 May 2016
10,750
At 31 May 2015
10,750
3
Share capital
2016
2015
£
£
Allotted, called up and fully paid
4 Ordinary shares of £1 each
4
4