Company Registration No. 2357749 (England and Wales)
Hardings Transport Limited
Abbreviated unaudited accounts
for the year ended 31 March 2016
Hardings Transport Limited
Abbreviated Balance Sheet
as at
31 March 2016
Tangible assets
2,471,205
2,396,571
Current asset investments
30,324
30,324
Cash at bank and in hand
208,230
268,939
Creditors: amounts falling due within one year
(645,441)
(689,628)
Net current assets
285,503
170,937
Total assets less current liabilities
2,756,708
2,567,508
Creditors: amounts falling due after more than one year
(872,189)
(950,663)
Provisions for liabilities
(151,062)
(128,815)
Net assets
1,733,457
1,488,030
Called up share capital
100
100
Profit and loss account
1,733,357
1,487,930
Total shareholders' funds
1,733,457
1,488,030
For the year ending 31 March 2016 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 in accordance with section 476 of the Companies Act 2006.
The director acknowledges his 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 and in accordance with the Financial Reporting Standard for Smaller Entities (effective January 2015).
Approved by the board on 14 July 2016
Ian Ty Harding
Director
Company Registration No. 2357749
Hardings Transport Limited
Notes to the Abbreviated Accounts
for the year ended 31 March 2016
The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective January 2015).
Turnover represents the value, net of VAT and discounts, of goods provided to customers and work carried out in respect of services provided to customers.
The accounts do not include a cash flow statement because the company, as a small reporting entity, is exempt from the requirement to prepare such a statement under the Financial Reporting Standard for Smaller Entities (effective January 2015).
Tangible fixed assets policy
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
25% on reducing balance
Motor vehicles
25% on reducing balance
Fixtures & fittings
25% on reducing balance
Computer equipment
33% on reducing balance
2
Tangible fixed assets
Land & buildings
Plant & machinery
Motor vehicles
Fixtures & fittings
Computer equipment
Total
At 1 April 2015
1,582,455
112,101
1,195,923
264,318
79,872
3,234,669
Additions
-
10,475
188,930
142,999
4,125
346,529
Disposals
-
-
(114,796)
-
-
(114,796)
At 31 March 2016
1,582,455
122,576
1,270,057
407,317
83,997
3,466,402
At 1 April 2015
-
61,284
529,771
175,950
71,093
838,098
Charge for the year
-
14,070
169,491
42,947
3,477
229,985
On disposals
-
-
(72,886)
-
-
(72,886)
At 31 March 2016
-
75,354
626,376
218,897
74,570
995,197
At 31 March 2016
1,582,455
47,222
643,681
188,420
9,427
2,471,205
At 31 March 2015
1,582,455
50,817
666,152
88,368
8,779
2,396,571
3
Share capital
2016
2015
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100
100