HNC Construction Services Limited - Accounts to registrar (filleted) - small 18.2
HNC Construction Services Limited - Accounts to registrar (filleted) - small 18.2
| REGISTERED NUMBER: |
| UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2020 |
| FOR |
| HNC CONSTRUCTION SERVICES LIMITED |
| HNC CONSTRUCTION SERVICES LIMITED (REGISTERED NUMBER: 10069109) |
| CONTENTS OF THE FINANCIAL STATEMENTS |
| FOR THE YEAR ENDED 31 MARCH 2020 |
| Page |
| Balance sheet | 1 |
| Notes to the financial statements | 3 |
| HNC CONSTRUCTION SERVICES LIMITED (REGISTERED NUMBER: 10069109) |
| BALANCE SHEET |
| 31 MARCH 2020 |
| 2020 | 2019 |
| Notes | £ | £ | £ | £ |
| Fixed assets |
| Tangible assets | 4 |
| Investments | 5 |
| Current assets |
| Debtors | 6 |
| Cash at bank |
| Creditors |
| Amounts falling due within one year | 7 |
| Net current assets |
| Total assets less current liabilities |
| Provisions for liabilities | 8 |
| Net assets |
| Capital and reserves |
| Called up share capital | 9 |
| Retained earnings |
| 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. |
| HNC CONSTRUCTION SERVICES LIMITED (REGISTERED NUMBER: 10069109) |
| BALANCE SHEET - continued |
| 31 MARCH 2020 |
| In accordance with Section 444 of the Companies Act 2006, the Statement of comprehensive income has not been delivered. |
| The financial statements were approved by the Board of Directors and authorised for issue on behalf by: |
| HNC CONSTRUCTION SERVICES LIMITED (REGISTERED NUMBER: 10069109) |
| NOTES TO THE FINANCIAL STATEMENTS |
| FOR THE YEAR ENDED 31 MARCH 2020 |
| 1. | Statutory information |
| HNC Construction Services Limited is a private company, limited by shares, registered in England and Wales. The company's |
| registered number is 10069109. The registered office is 7 & 8 Church Street, Wimborne, Dorset, BH21 1JH and business |
| address is 18 Greenacres Close, Bournemouth, Dorset, BH10 7DZ. |
| 2. | Accounting policies |
| Basis of preparing the financial statements |
| Turnover |
| Turnover represents amounts receivable, excluding value added tax, in respect of services provided in the ordinary course |
| of business. Turnover is recognised when the service has been provided to the customer. |
| Tangible fixed assets |
| Fixtures and fittings | - |
| Computer equipment | - |
| Taxation |
| Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent |
| that it relates to items recognised in other comprehensive income or directly in equity. |
| Current or deferred taxation assets and liabilities are not discounted. |
| Current tax is recognised at the amount of tax payable using the tax rates and laws that that have been enacted or |
| substantively enacted by the balance sheet date. |
| Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet |
| date. |
| Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in |
| which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been |
| enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference. |
| Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be |
| recovered against the reversal of deferred tax liabilities or other future taxable profits. |
| Financial instruments |
| Basic financial instruments are initially recognised at transaction price and accounted for according to the substance of the |
| contractual arrangement, as either financial assets, liabilities or equity instruments. An equity instrument is any contract |
| that evidences a residual interest in the assets of the company, after deducting all liabilities. |
| At each balance sheet date, financial instruments are measured at amortised cost using the effective interest method. Any |
| losses arising from impairment are recognised in the profit and loss account in the period to which they relate. |
| Investments in associates |
| Associated companies are entities over which the company has significant influence, but not control, generally |
| accompanied by a shareholding giving rise to voting rights of 20% and above but not exceeding 50%. Investments in |
| associated companies are accounted for at cost less any provision for diminution in value. |
| 3. | Employees and directors |
| The average number of employees during the year was |
| HNC CONSTRUCTION SERVICES LIMITED (REGISTERED NUMBER: 10069109) |
| NOTES TO THE FINANCIAL STATEMENTS - continued |
| FOR THE YEAR ENDED 31 MARCH 2020 |
| 4. | Tangible fixed assets |
| Fixtures |
| and | Computer |
| fittings | equipment | Totals |
| £ | £ | £ |
| Cost |
| At 1 April 2019 |
| Additions |
| At 31 March 2020 |
| Depreciation |
| At 1 April 2019 |
| Charge for year |
| At 31 March 2020 |
| Net book value |
| At 31 March 2020 |
| At 31 March 2019 |
| 5. | Fixed asset investments |
| Interest |
| in |
| associates |
| £ |
| Cost |
| At 1 April 2019 |
| and 31 March 2020 | 89 |
| Net book value |
| At 31 March 2020 | 89 |
| At 31 March 2019 | 89 |
| 6. | Debtors: amounts falling due within one year |
| 2020 | 2019 |
| £ | £ |
| Trade debtors |
| 7. | Creditors: amounts falling due within one year |
| 2020 | 2019 |
| £ | £ |
| Trade creditors |
| Tax |
| VAT | 4,635 | 4,665 |
| Directors' current accounts | 788 | 914 |
| Accrued expenses |
| HNC CONSTRUCTION SERVICES LIMITED (REGISTERED NUMBER: 10069109) |
| NOTES TO THE FINANCIAL STATEMENTS - continued |
| FOR THE YEAR ENDED 31 MARCH 2020 |
| 8. | Provisions for liabilities |
| 2020 | 2019 |
| £ | £ |
| Deferred tax | 280 | 69 |
| Deferred |
| tax |
| £ |
| Balance at 1 April 2019 |
| Charge to Income statement during year |
| Balance at 31 March 2020 |
| 9. | Called up share capital |
| Allotted, issued and fully paid: |
| Number: | Class: | Nominal | 2020 | 2019 |
| value: | £ | £ |
| Ordinary A | £1 | 50 | 50 |
| Ordinary B | £1 | 50 | 50 |
| 100 | 100 |
| 10. | Ultimate controlling party |
| The company is controlled by the directors, Mr N Cooper and Mrs H Cooper, by virtue of their 100% holding in the voting |
| share capital. |