Hampshire Business Computers Limited - Limited company - abbreviated - 11.6

Hampshire Business Computers Limited - Limited company - abbreviated - 11.6

HAMPSHIRE BUSINESS COMPUTERS LIMITED - Company Information

Print Friendly Version

02050982 1.10.13 30.9.14 30.9.14 Company accounts Private Limited Company FY true false true false true false false Ordinary 1.00000 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pure020509822013-09-30020509822014-09-30020509822013-10-012014-09-30020509822012-09-30020509822012-10-012013-09-30020509822013-09-3002050982ns12:England2013-10-012014-09-3002050982ns14:PoundSterling2013-10-012014-09-3002050982ns7:Director12013-10-012014-09-3002050982ns7:OrdinaryShareClass12013-10-012014-09-3002050982ns7:Director22013-10-012014-09-3002050982ns7:RegisteredOffice2013-10-012014-09-3002050982ns7:EntityAccountantsOrAuditors2013-10-012014-09-3002050982ns5:FixturesFittings2013-10-012014-09-3002050982ns5:MotorVehicles2013-10-012014-09-3002050982ns5:FixedAssetInvestmentsOtherThanLoans2014-09-3002050982ns5:FixedAssetInvestmentsOtherThanLoans2013-09-3002050982ns7:OrdinaryShareClass12014-09-3002050982ns7:OrdinaryShareClass12013-09-30
REGISTERED NUMBER: 02050982 (England and Wales)


















ABBREVIATED UNAUDITED ACCOUNTS

FOR THE YEAR ENDED 30 SEPTEMBER 2014

FOR

HAMPSHIRE BUSINESS COMPUTERS LIMITED

HAMPSHIRE BUSINESS COMPUTERS LIMITED (REGISTERED NUMBER: 02050982)






CONTENTS OF THE ABBREVIATED ACCOUNTS
FOR THE YEAR ENDED 30 SEPTEMBER 2014




Page

Company Information 1

Abbreviated Balance Sheet 2

Notes to the Abbreviated Accounts 3

Chartered Accountants' Report 5

HAMPSHIRE BUSINESS COMPUTERS LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 30 SEPTEMBER 2014







DIRECTORS: Mr K A Doyle
Mr D D Ross





REGISTERED OFFICE: 1 Park Court
Premier Way
Abbey Park Industrial Estate
Romsey
Hampshire
SO51 9DN





REGISTERED NUMBER: 02050982 (England and Wales)





ACCOUNTANTS: Rothman Pantall LLP
Chartered Accountants
Chilworth Point
1 Chilworth Road
Southampton
Hampshire
SO16 7JQ
Page 1
HAMPSHIRE BUSINESS COMPUTERS LIMITED (REGISTERED NUMBER: 02050982)

ABBREVIATED BALANCE SHEET
30 SEPTEMBER 2014

2014 2013
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 2 55,533 101,791
Tangible assets 3 90,952 98,766
Investments 4 78,615 78,615
225,100 279,172

CURRENT ASSETS
Stocks 39,450 22,970
Debtors 385,657 365,551
Cash at bank and in hand 86,475 12,058
511,582 400,579
CREDITORS
Amounts falling due within one year 559,663 489,804
NET CURRENT LIABILITIES (48,081 ) (89,225 )
TOTAL ASSETS LESS CURRENT
LIABILITIES
177,019
189,947

CREDITORS
Amounts falling due after more than one
year
14,790
112,187
NET ASSETS 162,229 77,760

CAPITAL AND RESERVES
Called up share capital 5 1,000 1,000
Profit and loss account 161,229 76,760
SHAREHOLDERS' FUNDS 162,229 77,760

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 September 2014.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 2014 in accordance with Section 476 of the Companies Act 2006.

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.

The abbreviated accounts have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.


The financial statements were approved by the Board of Directors on 13 March 2015 and were signed on its behalf by:





Mr K A Doyle - Director


The notes form part of these abbreviated accounts

Page 2
HAMPSHIRE BUSINESS COMPUTERS LIMITED (REGISTERED NUMBER: 02050982)

NOTES TO THE ABBREVIATED ACCOUNTS
FOR THE YEAR ENDED 30 SEPTEMBER 2014

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).

TURNOVER
Turnover is the amount derived from ordinary activities and stated after trade discounts, other sales taxes and
net of VAT.

GOODWILL
Goodwill, being the amount paid in connection with the acquisition of a business in 2013, is being amortised evenly over its estimated useful life of three years.

TANGIBLE FIXED ASSETS
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.

Fixtures and fittings - 15% on reducing balance
Motor vehicles - 25% on reducing balance

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
Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those
held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance
leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to the profit and loss account over the relevant period. The
capital element of the future payments is treated as a liability.

Rentals paid under operating leases are charged to the profit and loss account on a straight line basis over the
period of the lease.

PENSION COSTS AND OTHER POST-RETIREMENT BENEFITS
The company operates a defined contribution pension scheme. Contributions payable to the company's
pension scheme are charged to the profit and loss account in the period to which they relate.

2. INTANGIBLE FIXED ASSETS
Total
£   
COST
At 1 October 2013 152,642
Additions 6,855
At 30 September 2014 159,497
AMORTISATION
At 1 October 2013 50,851
Amortisation for year 53,113
At 30 September 2014 103,964
NET BOOK VALUE

At 30 September 2014 55,533
At 30 September 2013 101,791

Page 3 continued...
HAMPSHIRE BUSINESS COMPUTERS LIMITED (REGISTERED NUMBER: 02050982)

NOTES TO THE ABBREVIATED ACCOUNTS - continued
FOR THE YEAR ENDED 30 SEPTEMBER 2014

3. TANGIBLE FIXED ASSETS
Total
£   
COST
At 1 October 2013 247,327
Additions 6,977
At 30 September 2014 254,304
DEPRECIATION
At 1 October 2013 148,561
Charge for year 14,791
At 30 September 2014 163,352
NET BOOK VALUE
At 30 September 2014 90,952
At 30 September 2013 98,766

4. FIXED ASSET INVESTMENTS
Investments
other
than
loans
£   
COST
At 1 October 2013
and 30 September 2014 78,615
NET BOOK VALUE
At 30 September 2014 78,615
At 30 September 2013 78,615

5. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2014 2013
value: £    £   
1,000 Ordinary 1 1,000 1,000

Page 4
CHARTERED ACCOUNTANTS' REPORT TO THE BOARD OF DIRECTORS
ON THE UNAUDITED FINANCIAL STATEMENTS OF
HAMPSHIRE BUSINESS COMPUTERS LIMITED

The following reproduces the text of the report prepared for the directors in respect of the company's annual
unaudited financial statements, from which the unaudited abbreviated accounts (set out on pages two to four)
have been prepared.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the
financial statements of Hampshire Business Computers Limited for the year ended 30 September 2014 which
comprise the Profit and Loss Account, the Balance Sheet and the related notes from the company's accounting records
and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject
to its ethical and other professional requirements which are detailed at icaew.com/membershandbook.

This report is made solely to the Board of Directors of Hampshire Business Computers Limited, as a body, in
accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the
financial statements of Hampshire Business Computers Limited and state those matters that we have agreed to state
to the Board of Directors of Hampshire Business Computers Limited, as a body, in this report in accordance with AAF
2/10 as detailed at icaew.com/compilation. To the fullest extent permitted by law, we do not accept or assume
responsibility to anyone other than the company and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that Hampshire Business Computers Limited has kept adequate accounting records and to
prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit
of Hampshire Business Computers Limited. You consider that Hampshire Business Computers Limited is exempt from
the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Hampshire Business
Computers Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or
information and explanations you have given to us and we do not, therefore, express any opinion on the statutory
financial statements.






Rothman Pantall LLP
Chartered Accountants
Chilworth Point
1 Chilworth Road
Southampton
Hampshire
SO16 7JQ


Date: .............................................

This page does not form part of the abbreviated accounts

Page 5