REGISTERED NUMBER: |
Abbreviated Unaudited Cessation Accounts |
for the Period 1 February 2012 to 31 July 2013 |
for |
A. B. Harvey & Son Limited |
REGISTERED NUMBER: |
Abbreviated Unaudited Cessation Accounts |
for the Period 1 February 2012 to 31 July 2013 |
for |
A. B. Harvey & Son Limited |
A. B. Harvey & Son Limited (Registered number: 00824089) |
Contents of the Abbreviated Accounts |
for the Period 1 February 2012 to 31 July 2013 |
Page |
Company Information | 1 |
Abbreviated Balance Sheet | 2 |
Notes to the Abbreviated Accounts | 4 |
A. B. Harvey & Son Limited |
Company Information |
for the Period 1 February 2012 to 31 July 2013 |
DIRECTORS: |
SECRETARY: |
REGISTERED OFFICE: |
REGISTERED NUMBER: |
ACCOUNTANTS: |
A. B. Harvey & Son Limited (Registered number: 00824089) |
Abbreviated Balance Sheet |
31 July 2013 |
2013 | 2012 |
Notes | £ | £ | £ | £ |
FIXED ASSETS |
Tangible assets | 2 |
Investment property | 3 |
CURRENT ASSETS |
Stocks |
Debtors |
CREDITORS |
Amounts falling due within one year |
NET CURRENT ASSETS/(LIABILITIES) | ( |
) |
TOTAL ASSETS LESS CURRENT LIABILITIES |
PROVISIONS FOR LIABILITIES |
NET ASSETS |
CAPITAL AND RESERVES |
Called up share capital | 4 |
Share premium |
Revaluation reserve |
Profit and loss account | ( |
) |
SHAREHOLDERS' FUNDS |
The directors acknowledge their responsibilities for: |
(a) | ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and |
(b) | preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company. |
A. B. Harvey & Son Limited (Registered number: 00824089) |
Abbreviated Balance Sheet - continued |
31 July 2013 |
The financial statements were approved by the Board of Directors on behalf by: |
A. B. Harvey & Son Limited (Registered number: 00824089) |
Notes to the Abbreviated Accounts |
for the Period 1 February 2012 to 31 July 2013 |
1. | ACCOUNTING POLICIES |
Accounting convention |
The financial statements have been prepared under the historical cost convention and in accordance |
with the Financial Reporting Standard for Smaller Entities (effective April 2008). |
There has been a departure from the Companies Act in that the investment properties have not been |
depreciated. Following the Companies Act would not result in a true and fair view of the value of the |
investment properties in the accounts, which are shown at Open Market Valuation in accordance with |
SSAP 19. |
Turnover |
Turnover represents net invoiced sales of goods, excluding value added tax. |
Tangible fixed assets |
Land and buildings | - |
Plant and machinery etc | - |
Stocks |
Stocks are valued at the lower of cost and net realisable value, after making due allowance for |
obsolete and slow moving items. |
Deferred tax |
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at |
the balance sheet date. |
Hire purchase and leasing commitments |
Rentals paid under operating leases are charged to the profit and loss account on a straight line basis |
over the period of the lease. |
2. | TANGIBLE FIXED ASSETS |
Total |
£ |
COST |
At 1 February 2012 |
Disposals | ( |
) |
At 31 July 2013 |
DEPRECIATION |
At 1 February 2012 |
Eliminated on disposal | ( |
) |
At 31 July 2013 |
NET BOOK VALUE |
At 31 July 2013 |
At 31 January 2012 |
A. B. Harvey & Son Limited (Registered number: 00824089) |
Notes to the Abbreviated Accounts - continued |
for the Period 1 February 2012 to 31 July 2013 |
3. | INVESTMENT PROPERTY |
Total |
£ |
COST |
At 1 February 2012 |
Disposals | ( |
) |
At 31 July 2013 |
NET BOOK VALUE |
At 31 July 2013 |
At 31 January 2012 |
4. | CALLED UP SHARE CAPITAL |
Allotted, issued and fully paid: |
Number: | Class: | Nominal | 2013 | 2012 |
value: | £ | £ |
Ordinary | 1 |
5. | TRANSACTIONS WITH DIRECTORS |
The following loan to directors subsisted during the period ended 31 July 2013 and the year ended |
31 January 2012: |
2013 | 2012 |
£ | £ |
Balance outstanding at start of period | ( |
) | ( |
) |
Amounts advanced |
Amounts repaid | ( |
) |
Balance outstanding at end of period | ( |
) |
During the year a garage owned by the business was transferred into the directors joint names, this |
transaction was undertaken at an open market valuation of £15,000 and took place in August 2012. |
At the end of the year the remaining stock of guns was also transferred into the directors personal |
ownership, this was done at a valuation done by the director and amounted to £3,500. |