For the year ended 31 March 2016
Unaudited Abbreviated Report and Financial Statements
England and Wales
Registered Number: 07239677
Northey HHV Limited
For the year ended 31 March 2016
1
Balance Sheet
2
Notes to the Abbreviated Financial Statements
Notes to the Abbreviated Financial Statements
|
Northey HHV Limited
For the year ended 31 March 2016
Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.
|
Research and development expenditure
|
Research and development expenditure is charged to the profit and loss account in the period in which it is incurred.
Research and development expenditure is charged to the profit and loss account in the period in which it is incurred
.
|
However
,
where the directors are satisfied as to the technical
,
commercial and financial viability of individual projects
,
|
development expenditure is deferred and amortised over
10
years during which the company is expected to benefit
.
|
Stocks are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow moving items. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads.
|
2
Intangible fixed assets
|
72,753
72,753
Allotted called up and fully paid
|
2016
2015
1
,
000
Ordinary shares of £
1
.
00
each
|
1,000
1,000
1,000
1,000
2 of 2