Registered Number 01404584

AAGAARD-HANLEY LIMITED

Abbreviated Accounts

30 September 2015

AAGAARD-HANLEY LIMITED Registered Number 01404584

Abbreviated Balance Sheet as at 30 September 2015

Notes 30/09/2015 31/08/2014
£ £
Fixed assets
Tangible assets 2 261,969 246,876
261,969 246,876
Current assets
Debtors 387,220 349,820
Cash at bank and in hand 412 8,348
387,632 358,168
Creditors: amounts falling due within one year 3 (155,667) (97,904)
Net current assets (liabilities) 231,965 260,264
Total assets less current liabilities 493,934 507,140
Creditors: amounts falling due after more than one year 3 (432,028) (416,560)
Total net assets (liabilities) 61,906 90,580
Capital and reserves
Called up share capital 4 4,615 4,615
Revaluation reserve 56,759 56,759
Profit and loss account 532 29,206
Shareholders' funds 61,906 90,580
  • For the year ending 30 September 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 30 June 2016

And signed on their behalf by:
E Hanley, Director

AAGAARD-HANLEY LIMITED Registered Number 01404584

Notes to the Abbreviated Accounts for the period ended 30 September 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 gross rents and service charges and amounts receivable for goods and services net of VAT and trade discounts.

Tangible assets depreciation policy
Tangible fixed assets other than freehold land and buildings are stated at cost or valuation less depreciation. Depreciation is provided at rates calculated to write off the cost or valuation less estimated residual value of each asset over its expected useful life,as follows:
Land and buildings Freehold no depreciation
Plant and machinery 20% straight line
Computer equipment 33% straight line

Freehold land and buildings are stated at open market value.

2Tangible fixed assets
£
Cost
At 1 September 2014 273,476
Additions 20,421
Disposals -
Revaluations -
Transfers -
At 30 September 2015 293,897
Depreciation
At 1 September 2014 26,600
Charge for the year 5,328
On disposals -
At 30 September 2015 31,928
Net book values
At 30 September 2015 261,969
At 31 August 2014 246,876
3Creditors
30/09/2015
£
31/08/2014
£
Secured Debts 8,746 8,746
4Called Up Share Capital
Allotted, called up and fully paid:
30/09/2015
£
31/08/2014
£
4,615 Ordinary shares of £1 each 4,615 4,615

5Transactions with directors

Name of director receiving advance or credit: E Hanley
Description of the transaction: Loans
Balance at 1 September 2014: £ 80,610
Advances or credits made: -
Advances or credits repaid: £ 26,769
Balance at 30 September 2015: £ 53,841