Company Registration Number 03750959 (England and Wales)
HARDSTONE LIMITED
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2017
PAGES FOR FILING WITH REGISTRAR
HARDSTONE LIMITED
BALANCE SHEET
AS AT
31 MARCH 2017
31 March 2017
- 1 -
2017
2016
£
£
£
£
Fixed assets
1,644,500
1,644,623
Current assets
308,608
309,908
Creditors: amounts falling due within one year
(10,755)
(4,301)
Net current assets
297,853
305,607
Total assets less current liabilities
1,942,353
1,950,230
Creditors: amounts falling due after more than one year
(1,940,279)
(1,938,661)
Net assets
2,074
11,569
Capital and reserves
2,074
11,569
Notes to the financial statements
1.
Transitional adjustments
The transition to FRS105 has lead to the following transitional adjustments in the financial statements:
Reserves in the previous year under FRSSE were £734,853, this has been adjusted as a result of the derecognition of the revaluation reserve amounting to £719,399 and deferred tax amounting to £3,885. The effect of this has lead to reserves in 2016 amounting to £11,569.
2.
Post balance sheet events
A number of properties held within the company were taken into official receivership on the 7th April. At the sign off date no further action has been taken. The financial impact of this cannot be quantified.
Hardstone Limited is a private company limited by shares incorporated in England and Wales. The registered office is 1 Hids Copse Road, Botley, Oxford, Oxfordshire, OX2 9JJ.
The directors of the company have elected not to include a copy of the profit and loss account within the financial statements.
For the year ended 31 March 2017 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
T he directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.
he directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.
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.
These financial statements have been prepared in accordance with the micro-entity provisions and in accordance with FRS 105: The Financial Reporting Standard applicable to the Micro-entities Regime and delivered in accordance with the provisions applicable to companies subject to the small companies’ regime.
The financial statements were approved by the board of directors and authorised for issue on 24 October 2017 and are signed on its behalf by:
HARDSTONE LIMITED
BALANCE SHEET (CONTINUED)
AS AT
31 MARCH 2017
31 March 2017
- 2 -
M J Barford
Director
Company Registration Number 03750959