Abbreviated Company Accounts - THE HEATHER GIFT COMPANY LIMITED

SC278102 THE HEATHER GIFT COMPANY LIMITED 2015-11-30 false 2014-12-01 2015-11-30 true SC278102 2014-12-01 2015-11-30 SC278102 2015-11-30 SC278102 2014-11-30 SC278102 uk-gaap-cd-bus:Director1 2014-12-01 2015-11-30 SC278102 uk-gaap-cd-bus:Director2 2014-12-01 2015-11-30 uk-gaap-cd-bus:OrdinaryShareClass1 2014-12-01 2015-11-30 uk-gaap-cd-bus:OrdinaryShareClass1 2015-11-30 uk-gaap-cd-bus:OrdinaryShareClass1 2014-11-30 iso4217:GBP shares

Registered Number SC278102

THE HEATHER GIFT COMPANY LIMITED

Abbreviated Accounts

30 November 2015

THE HEATHER GIFT COMPANY LIMITED Registered Number SC278102

Abbreviated Balance Sheet as at 30 November 2015

	Notes	2015	2014
		£	£
Fixed assets
Tangible assets	2	33,774	14,602
		33,774	14,602
Current assets
Stocks		222,086	220,481
Debtors		54,018	58,099
Cash at bank and in hand		28,583	17,079
		304,687	295,659
Creditors: amounts falling due within one year		(313,482)	(341,599)
Net current assets (liabilities)		(8,795)	(45,940)
Total assets less current liabilities		24,979	(31,338)
Total net assets (liabilities)		24,979	(31,338)
Capital and reserves
Called up share capital	3	1,000	1,000
Profit and loss account		23,979	(32,338)
Shareholders' funds		24,979	(31,338)

For the year ending 30 November 2015 the company was entitled to exemption 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 directors acknowledge their 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.

Approved by the Board on 31 August 2016

And signed on their behalf by:
A R Moore, Director
A S J Russell, Director

THE HEATHER GIFT COMPANY LIMITED Registered Number SC278102

Notes to the Abbreviated Accounts for the period ended 30 November 2015

1Accounting Policies

Basis of measurement and preparation of accounts
The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities effective April 2008.

Turnover policy
Turnover represents the total invoice value, excluding value added tax, of sales made during the year and derives from the provision of goods falling within the company's ordinary activities.

Tangible assets depreciation policy
Depreciation is provided at rates calculated to write off the cost less residual value of each asset over its expected useful life, as follows:
Leasehold properties - Straight line over the life of the lease
Plant & machinery - 25% straight line
Fixtures fittings & equipment - 10% - 33% straight line
Motor vehicles - 25% reducing balance

2Tangible fixed assets

	£
Cost
At 1 December 2014	69,666
Additions	33,054
Disposals	(29,340)
Revaluations	-
Transfers	-
At 30 November 2015	73,380
Depreciation
At 1 December 2014	55,064
Charge for the year	10,626
On disposals	(26,084)
At 30 November 2015	39,606
Net book values
At 30 November 2015	33,774
At 30 November 2014	14,602

3Called Up Share Capital
Allotted, called up and fully paid:

	2015 £	2014 £
1,000 Ordinary shares of £1 each	1,000	1,000