Hills Insurance Services Ltd - Limited company - abbreviated - 11.6
Hills Insurance Services Ltd - Limited company - abbreviated - 11.6
| REGISTERED NUMBER: |
| ABBREVIATED UNAUDITED ACCOUNTS |
| FOR THE YEAR ENDED 5 APRIL 2015 |
| FOR |
| HILLS INSURANCE SERVICES LTD |
| HILLS INSURANCE SERVICES LTD (REGISTERED NUMBER: NI045537) |
| CONTENTS OF THE ABBREVIATED ACCOUNTS |
| FOR THE YEAR ENDED 5 APRIL 2015 |
| Page |
| Company Information | 1 |
| Abbreviated Balance Sheet | 2 | to | 3 |
| Notes to the Abbreviated Accounts | 4 | to | 5 |
| HILLS INSURANCE SERVICES LTD |
| COMPANY INFORMATION |
| FOR THE YEAR ENDED 5 APRIL 2015 |
| DIRECTOR: |
| SECRETARY: |
| REGISTERED OFFICE: |
| REGISTERED NUMBER: |
| ACCOUNTANTS: |
| Chartered Accountants |
| BANKERS: |
| HILLS INSURANCE SERVICES LTD (REGISTERED NUMBER: NI045537) |
| ABBREVIATED BALANCE SHEET |
| 5 APRIL 2015 |
| 2015 | 2014 |
| Notes | £ | £ | £ | £ |
| FIXED ASSETS |
| Intangible assets | 2 |
| Tangible assets | 3 |
| CURRENT ASSETS |
| Debtors |
| Cash at bank |
| CREDITORS |
| Amounts falling due within one year |
| NET CURRENT ASSETS |
| TOTAL ASSETS LESS CURRENT LIABILITIES |
| PROVISIONS FOR LIABILITIES |
| NET ASSETS |
| CAPITAL AND RESERVES |
| Called up share capital | 4 |
| Profit and loss account |
| SHAREHOLDERS' FUNDS |
| 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. |
| HILLS INSURANCE SERVICES LTD (REGISTERED NUMBER: NI045537) |
| ABBREVIATED BALANCE SHEET - continued |
| 5 APRIL 2015 |
| The financial statements were approved by the director on |
| HILLS INSURANCE SERVICES LTD (REGISTERED NUMBER: NI045537) |
| NOTES TO THE ABBREVIATED ACCOUNTS |
| FOR THE YEAR ENDED 5 APRIL 2015 |
| 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). |
| Commissions |
| Commissions and fees for independent financial advice are accounted for on an earnings basis. |
| Goodwill |
| Purchased goodwill at note 5 is amortised through the profit and loss account over its useful economic life. The |
| useful economic life of the goodwill on the purchase of the IFA business has been estimated by the directors at |
| 10 years. |
| Tangible fixed assets |
| Plant and machinery etc | - |
| Deferred tax |
| Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance |
| sheet date. |
| Pension costs and other post-retirement benefits |
| The company operates a defined contribution scheme. Contributions are charged to the profit and loss account |
| in the period to which they relate. |
| 2. | INTANGIBLE FIXED ASSETS |
| Total |
| £ |
| COST |
| At 6 April 2014 |
| and 5 April 2015 |
| AMORTISATION |
| At 6 April 2014 |
| Amortisation for year |
| At 5 April 2015 |
| NET BOOK VALUE |
| At 5 April 2015 |
| At 5 April 2014 |
| HILLS INSURANCE SERVICES LTD (REGISTERED NUMBER: NI045537) |
| NOTES TO THE ABBREVIATED ACCOUNTS - continued |
| FOR THE YEAR ENDED 5 APRIL 2015 |
| 3. | TANGIBLE FIXED ASSETS |
| Total |
| £ |
| COST |
| At 6 April 2014 |
| and 5 April 2015 |
| DEPRECIATION |
| At 6 April 2014 |
| Charge for year |
| At 5 April 2015 |
| NET BOOK VALUE |
| At 5 April 2015 |
| At 5 April 2014 |
| 4. | CALLED UP SHARE CAPITAL |
| Allotted, issued and fully paid: |
| Number: | Class: | Nominal | 2015 | 2014 |
| value: | £ | £ |
| Ordinary | £1 |
| 5. | DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES |
| The following advances and credits to a director subsisted during the years ended 5 April 2015 and 5 April 2014: |
| 2015 | 2014 |
| £ | £ |
| Balance outstanding at start of year |
| Amounts advanced |
| Amounts repaid |
| Balance outstanding at end of year |