HHbR Limited - Period Ending 2014-10-31

Registration number: 03080324

HHbR Limited
 
  Unaudited Abbreviated Accounts
 
  for the year ended 31 October 2014
 

HHbR Limited
Contents

Abbreviated Balance Sheet 1 to 2

Notes to the Abbreviated Accounts 3 to 4

HHbR Limited
(Registration number: 03080324)
Abbreviated Balance Sheet at 31 October 2014

		Note			2014						2013
	£			£			£			£
Fixed assets
Tangible fixed assets								29,231						32,820
Current assets
Debtors					235,460						516,918
Cash at bank and in hand					114,901						203,547
					350,361						720,465
Creditors: Amounts falling due within one year					(177,111)						(341,869)
Net current assets								173,250						378,596
Total assets less current liabilities								202,481						411,416
Provisions for liabilities								(3,150)						(3,276)
Net assets								199,331						408,140
Capital and reserves
Called up share capital		4			9						9
Capital redemption reserve					3						3
Profit and loss account					199,319						408,128
Shareholders' funds								199,331						408,140

Page 1

HHbR Limited
(Registration number: 03080324)
Abbreviated Balance Sheet at 31 October 2014

For the year ended 31 October 2014 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 15 April 2015 and signed on its behalf by:

.........................................
Mr G Hale-Brown
Director

Page 2

HHbR Limited
Notes to the Abbreviated Accounts for the year Ended 31 October 2014

1	Accounting policies

Basis of preparation

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

The turnover shown in the profit and loss account represents invoices raised in the year together with the chargeout rate value of time on assignments partly completed at the year end but not invoiced at that stage.

Depreciation

Depreciation is provided on tangible fixed assets so as to write off the cost or valuation, less any estimated residual value, over their expected useful economic life as follows:

Asset class	Depreciation method and rate
Computer Equipment	33 1/3% Straight Line
Office Equipment	25% Straight Line

Deferred tax

Deferred tax is recognised, without discounting, in respect of all timing differences between the treatment of certain items for taxation and accounting purposes, which have arisen but not reversed by the balance sheet date, except as required by the FRSSE. Deferred tax is measured at the rates that are expected to apply in the periods when the timing differences are expected to reverse, based on the tax rates and law enacted at the balance sheet date.

Hire purchase and leasing

Rentals payable under operating leases are charged in the profit and loss account on a straight line basis over the lease term.

Pensions

The company operates a defined contribution pension scheme. Contributions are recognised in the profit and loss account in the period in which they become payable in accordance with the rules of the scheme.

Page 3

HHbR Limited
Notes to the Abbreviated Accounts for the year Ended 31 October 2014

2	Fixed assets

		Tangible assets £			Total £
Cost
At 1 November 2013		284,755			284,755
Additions		18,358			18,358
At 31 October 2014		303,113			303,113
Depreciation
At 1 November 2013		251,935			251,935
Charge for the year		21,947			21,947
At 31 October 2014		273,882			273,882
Net book value
At 31 October 2014		29,231			29,231
At 31 October 2013		32,820			32,820

3

Creditors

Creditors includes the following liabilities, on which security has been given by the company:

		2014 £			2013 £
Amounts falling due within one year		-			273

4	Share capital

Allotted, called up and fully paid shares

	2014						2013
		No.			£			No.			£
Ordinary Shares of £0.01 each		900			9			900			9

Page 4