Company Registration No. 01496488 (England and Wales)
HARRY HOWARD INTERNATIONAL LTD
T/A ACM ATLANTIC
ABBREVIATED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2014
HARRY HOWARD INTERNATIONAL LTD
T/A ACM ATLANTIC
CONTENTS
Page
Abbreviated balance sheet
1
Notes to the abbreviated accounts
2
HARRY HOWARD INTERNATIONAL LTD
T/A ACM ATLANTIC
ABBREVIATED BALANCE SHEET
AS AT
31 DECEMBER 2014
31 December 2014
- 1 -
2014
2013
Notes
£
£
£
£
Fixed assets
Tangible assets
2
255
303
Current assets
Stocks
136
110
Debtors
17,754
3,209
Cash at bank and in hand
41,691
68,982
59,581
72,301
Creditors: amounts falling due within one year
(11,601)
(14,810)
Net current assets
47,980
57,491
Total assets less current liabilities
48,235
57,794
Capital and reserves
Called up share capital
3
10
10
Profit and loss account
48,225
57,784
Shareholders' funds
48,235
57,794
For the financial year ended 31 December 2014 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Director's responsibilities:
-
The member has not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476;
-
The director acknowledges her 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 24 August 2015
Mr Harry Howard
Director
Company Registration No. 01496488
HARRY HOWARD INTERNATIONAL LTD
T/A ACM ATLANTIC
NOTES TO THE ABBREVIATED ACCOUNTS
FOR THE YEAR ENDED 31 DECEMBER 2014
- 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 April 2008).
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 (except as otherwise stated).
1.3
Turnover
Turnover represents amounts receivable for goods and services net of VAT and trade discounts.
1.4
Tangible fixed assets and depreciation
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
Plant and machinery
15% Reducing balance
Fixtures, fittings & equipment
15% Reducing balance
2
Fixed assets
Tangible assets
£
Cost
At 1 January 2014 & at 31 December 2014
9,104
Depreciation
At 1 January 2014
8,801
Charge for the year
48
At 31 December 2014
8,849
Net book value
At 31 December 2014
255
At 31 December 2013
303
3
Share capital
2014
2013
£
£
Allotted, called up and fully paid
10 Ordinary Shares of £1 each
10
10