Company Registration No. 03512142 (England and Wales)
HALLCO 195 LTD
ABBREVIATED ACCOUNTS
FOR THE YEAR ENDED 30 SEPTEMBER 2014
HALLCO 195 LTD
CONTENTS
Page
Accountants' report
1
Abbreviated balance sheet
2
Notes to the abbreviated accounts
3
HALLCO 195 LTD
CHARTERED ACCOUNTANTS' REPORT TO THE BOARD OF DIRECTORS ON THE PREPARATION OF THE UNAUDITED STATUTORY FINANCIAL STATEMENTS OF HALLCO 195 LTD FOR THE YEAR ENDED 30 SEPTEMBER 2014
- 1 -
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Hallco 195 Ltd for the year ended 30 September 2014 set out on pages 2 to 3 from the company's accounting records and from information and explanations you have given us.
As a practising member firm of the Institute of Chartered Accountants in England and Wales, we are subject to its ethical and other professional requirements which are detailed at icaew.com/regulations.
This report is made solely to the Board of Directors of Hallco 195 Ltd, as a body, in accordance with the terms of our engagement letter dated 4 June 2015. Our work has been undertaken solely to prepare for your approval the financial statements of Hallco 195 Ltd and state those matters that we have agreed to state to the Board of Directors of Hallco 195 Ltd, as a body, in this report in accordance with AAF 2/10 as detailed at icaew.com/compilation. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Hallco 195 Ltd and its Board of Directors as a body, for our work or for this report.
It is your duty to ensure that Hallco 195 Ltd has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and loss of Hallco 195 Ltd. You consider that Hallco 195 Ltd is exempt from the statutory audit requirement for the year.
We have not been instructed to carry out an audit or a review of the financial statements of Hallco 195 Ltd. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.
Moore and Smalley LLP
Chartered Accountants
Fylde House
Skyways Commercial Campus
Amy Johnson Way
Blackpool
FY4 3RS
2 July 2015
HALLCO 195 LTD
ABBREVIATED BALANCE SHEET
AS AT
30 SEPTEMBER 2014
30 September 2014
- 2 -
2014
2013
Notes
£
£
£
£
Fixed assets
Investments
2
41,971
41,971
Current assets
Debtors
3
55,000
55,000
Cash at bank and in hand
-
38,698
55,000
93,698
Creditors: amounts falling due within one year
(1,864)
(924)
Net current assets
53,136
92,774
Total assets less current liabilities
95,107
134,745
Capital and reserves
Called up share capital
4
28,620
28,620
Other reserves
13,975
13,975
Profit and loss account
52,512
92,150
Shareholders' funds
95,107
134,745
For the financial year ended 30 September 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 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 director acknowledges his 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 30 June 2015
Mrs Bee
Director
Company Registration No. 03512142
HALLCO 195 LTD
NOTES TO THE ABBREVIATED ACCOUNTS
FOR THE YEAR ENDED 30 SEPTEMBER 2014
- 3 -
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
Investments
Fixed asset investments are stated at cost less provision for diminution in value.
1.5
Financial instruments
Financial instruments are classified and accounted for, according to the substance of the contractual arrangement, as either financial assets, financial liabilities or equity instruments. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities.
2
Fixed assets
Investments
£
Cost
At 1 October 2013 & at 30 September 2014
41,971
At 30 September 2013
41,971
3
Debtors
Debtors include an amount of £20,000 (2013 - £-) which is due after more than one year.
4
Share capital
2014
2013
£
£
Allotted, called up and fully paid
28,620 ordinary of £1 each
28,620
28,620