Home Counties Mortgage Services Limited - Limited company - abbreviated - 11.6

REGISTERED NUMBER: 05050127 (England and Wales)

Abbreviated Accounts for the Year Ended 31 March 2015

for

Home Counties Mortgage Services Limited

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTOR:

Mr M J E Lawson

REGISTERED OFFICE:

Eskdale

The Common Holmer Green

High Wycombe

Buckinghamshire

HP15 6TD

REGISTERED NUMBER:

05050127 (England and Wales)

ACCOUNTANTS:

Amersham Accountancy

King George V Lodge

King George V Road

Amersham

Buckinghamshire

HP6 5FB

FIXED ASSETS

Tangible assets

2

2,072

2,763

CURRENT ASSETS

Debtors

19,938

11,438

Cash at bank

14,211

20,586

34,149

32,024

CREDITORS

Amounts falling due within one year

8,408

11,292

NET CURRENT ASSETS

25,741

20,732

TOTAL ASSETS LESS CURRENT LIABILITIES

27,813

23,495

CAPITAL AND RESERVES

Called up share capital

3

11

11

Profit and loss account

27,802

23,484

SHAREHOLDERS' FUNDS

27,813

23,495

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2015.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2015 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 director on 7 May 2015 and were signed by:

Mr M J E Lawson - Director

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 represents net invoiced sales of goods, excluding value added tax.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Fixtures and fittings

-

25% on reducing balance

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance

sheet date.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 April 2014

and 31 March 2015

11,992

DEPRECIATION

At 1 April 2014

9,229

Charge for year

691

At 31 March 2015

9,920

NET BOOK VALUE

At 31 March 2015

2,072

At 31 March 2014

2,763

3.	CALLED UP SHARE CAPITAL

Allotted and issued:

Number:

Class:

Nominal

31.3.15

31.3.14

value:

£

£

10

Ordinary Shares A

£1

10

10

1

Ordinary Shares B

£1

1

1

11

11