Company Registration No. 09566983 (England and Wales)
HALF MOON ENTERPRISES LIMITED
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2019
PAGES FOR FILING WITH REGISTRAR
HALF MOON ENTERPRISES LIMITED
CONTENTS
Page
Balance sheet
1
Notes to the financial statements
2 - 3
HALF MOON ENTERPRISES LIMITED
BALANCE SHEET
AS AT
31 MARCH 2019
31 March 2019
- 1 -
2019
2018
Notes
£
£
£
£
Fixed assets
Investments
2
150
150
Current assets
Debtors
3
99,950
99,950
Cash at bank and in hand
14,301
201,096
114,251
301,046
Creditors: amounts falling due within one year
4
(744)
(191,786)
Net current assets
113,507
109,260
Total assets less current liabilities
113,657
109,410
Capital and reserves
Called up share capital
5
100
100
Profit and loss reserves
113,557
109,310
Total equity
113,657
109,410
The director of the company has elected not to include a copy of the profit and loss account within the financial statements.
true
For the financial year ended 31 March 2019 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.
T
he members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476
.
These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
The financial statements were approved and signed by the director and authorised for issue on 18 December 2019
Mr D Campbell
Director
Company Registration No. 09566983
HALF MOON ENTERPRISES LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2019
- 2 -
1
Accounting policies
Company information
Half Moon Enterprises Limited is a
private
company
limited by shares
incorporated in England and Wales.
The registered office is
The Old Vicarage, 234 Abbeydale Road South, Sheffield, South Yorkshire, S17 3LA.
1.1
Accounting convention
These financial statements have been prepared in accordance with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. The disclosure requirements of section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.
The financial statements have been prepared under the historical cost convention. The principal accounting policies adopted are set out below.
1.2
Cash at bank and in hand
Cash and cash equivalents
are basic financial assets
and
include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities.
Basic financial assets
Basic financial assets, which include debtors and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest
method unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest.
Financial assets classified as receivable within one year are not amortised.
Basic financial liabilities
Basic financial liabilities, including creditors, bank loans, loans from
fellow group companies and preference shares that are classified as debt, are
initially recognised at transaction price unless the arrangement constitutes a
financing transaction, where the debt instrument is measured at the present value of
the future
paymen
ts discounted at a market rate of interest.
Financial liabilities classified as payable within one year are not amortised.
Debt instruments are subsequently carried at amortised cost, using the effective
interest rate method.
Trade creditors
are obligations to pay for goods or services that have been acquired
in the ordinary course of business from suppliers. A
m
ounts payable are classified as
current liabilities if payment is due within one year or less. If not, they are presented
as non-current liabilities. Trade creditors are recognised initially at transaction price
and subsequently measured at amortised cost using the effective interest method.
2
Fixed asset investments
2019
2018
£
£
Investments
150
150
HALF MOON ENTERPRISES LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2019
2
Fixed asset investments
(Continued)
- 3 -
Movements in fixed asset investments
Investments other than loans
£
Cost or valuation
At 1 April 2018 & 31 March 2019
150
Carrying amount
At 31 March 2019
150
At 31 March 2018
150
3
Debtors
2019
2018
Amounts falling due within one year:
£
£
Other debtors
99,950
99,950
Other debtors consist of £99,950 (2018 - £99,950) associated company loan.
4
Creditors: amounts falling due within one year
2019
2018
£
£
Other creditors
744
191,786
Other creditors consist of £744 (2018 - £786) accruals, £nil (2018 - £146,000) directors loan and £nil (2018 - £45,000) associated company loan.
5
Called up share capital
2019
2018
£
£
Ordinary share capital
Issued and fully paid
100 Ordinary shares of £1 each
100
100