1 April 2017 false No description of principal activity Taxfiler 2018.14.Web SC418901business:PrivateLimitedCompanyLtd2017-04-012018-03-31 SC4189012017-03-31 SC4189012017-04-012018-03-31 SC418901business:AuditExemptWithAccountantsReport2017-04-012018-03-31 SC418901business:FullAccounts2017-04-012018-03-31 SC4189012018-03-31 SC4189012017-03-31 SC418901core:WithinOneYear2018-03-31 SC418901core:WithinOneYear2017-03-31 SC418901core:AfterOneYear2018-03-31 SC418901core:AfterOneYear2017-03-31 SC418901core:ShareCapital2018-03-31 SC418901core:ShareCapital2017-03-31 SC418901core:RetainedEarningsAccumulatedLosses2018-03-31 SC418901core:RetainedEarningsAccumulatedLosses2017-03-31 SC418901business:SmallEntities2017-04-012018-03-31 SC418901business:Director12017-04-012018-03-31 SC418901countries:Scotland2017-04-012018-03-31 SC418901core:PlantMachinery2017-04-012018-03-31 SC418901core:MotorVehicles2017-04-012018-03-31 SC418901core:PlantMachinery2017-03-31 SC418901core:FurnitureFittings2017-03-31 SC418901core:FurnitureFittings2017-04-012018-03-31 SC418901core:PlantMachinery2018-03-31 SC418901core:FurnitureFittings2018-03-31 SC418901business:OrdinaryShareClass12017-04-012018-03-31 SC418901business:OrdinaryShareClass12016-04-012017-03-31 SC4189012016-04-012017-03-31 iso4217:GBP xbrli:shares xbrli:pure
Company Registration No. SC418901 (Scotland)
Hart & Co. Ltd. Unaudited accounts for the year ended 31 March 2018
Hart & Co. Ltd. Statement of financial position as at 31 March 2018
2018 
2017 
Notes
£ 
£ 
Fixed assets
Tangible assets
1,426 
1,027 
Current assets
Cash at bank and in hand
43,979 
26,911 
Creditors: amounts falling due within one year
(40,446)
(19,986)
Net current assets
3,533 
6,925 
Total assets less current liabilities
4,959 
7,952 
Creditors: amounts falling due after more than one year
- 
(177)
Net assets
4,959 
7,775 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
4,859 
7,675 
Shareholders' funds
4,959 
7,775 
For the year ending 31 March 2018 the company was entitled to exemption from audit 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 and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
Approved by the Board on 22 May 2018.
Ian Hart Director Company Registration No. SC418901
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Hart & Co. Ltd. Notes to the Accounts for the year ended 31 March 2018
1
Statutory information
Hart & Co. Ltd. is a private company, limited by shares, registered in Scotland, registration number SC418901.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
15% reducing balance
Motor vehicles
15% reducing balance
4
Tangible fixed assets
Plant & machinery 
Fixtures & fittings 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 April 2017
1,577 
530 
2,107 
Additions
651 
- 
651 
At 31 March 2018
2,228 
530 
2,758 
Depreciation
At 1 April 2017
827 
253 
1,080 
Charge for the year
210 
42 
252 
At 31 March 2018
1,037 
295 
1,332 
Net book value
At 31 March 2018
1,191 
235 
1,426 
At 31 March 2017
750 
277 
1,027 
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Hart & Co. Ltd. Notes to the Accounts for the year ended 31 March 2018
5
Creditors: amounts falling due within one year
2018 
2017 
£ 
£ 
Taxes and social security
11,886 
17,404 
Other creditors
1,279 
- 
Loans from directors
25,520 
1,504 
Accruals
1,761 
1,078 
40,446 
19,986 
6
Creditors: amounts falling due after more than one year
2018 
2017 
£ 
£ 
Other creditors
- 
177 
7
Share capital
2018 
2017 
£ 
£ 
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100 
100 
8
Average number of employees
During the year the average number of employees was 3 (2017: 3).
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