Hobsons International Limited - Limited company - abbreviated

REGISTERED NUMBER: 01984724 (England and Wales)

Abbreviated Unaudited Accounts

for the Year Ended 30th September 2014

for

Hobsons International Limited

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

DIRECTORS:

Miss A J Yard

Miss D Lampton

SECRETARY:

REGISTERED OFFICE:

2 Dukes Gate

Acton Lane

Chiswick

London

W4 5DX

REGISTERED NUMBER:

01984724 (England and Wales)

ACCOUNTANTS:

A.Hughes-Jones, Dyson & Co.

Capel Moreia

South Penrallt

Caernarfon

Gwynedd

LL55 1NS

FIXED ASSETS

Tangible assets

2

59,523

57,350

CURRENT ASSETS

Debtors

3

578,393

476,012

Cash at bank and in hand

15,445

43,412

593,838

519,424

CREDITORS

Amounts falling due within one year

161,148

153,478

NET CURRENT ASSETS

432,690

365,946

TOTAL ASSETS LESS CURRENT
LIABILITIES

492,213

423,296

CREDITORS

Amounts falling due after more than one
year

4

(49,942

)

-

PROVISIONS FOR LIABILITIES

(7,760

)

(7,236

)

NET ASSETS

434,511

416,060

CAPITAL AND RESERVES

Called up share capital

5

65

Capital redemption reserve

41

Profit and loss account

434,405

415,954

SHAREHOLDERS' FUNDS

434,511

416,060

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

The members have not required the company to obtain an audit of its financial statements for the year ended 30th 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 22nd June 2015 and were signed on its behalf by:

Miss A J Yard - 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.

Plant and machinery etc

-

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.

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.

Auditors

In common with many other businesses of our size and nature we use our auditors to prepare and submit returns

to the tax authorities and assist with the preparation of the financial statements.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1st October 2013

267,652

Additions

20,264

At 30th September 2014

287,916

DEPRECIATION

At 1st October 2013

210,302

Charge for year

18,091

At 30th September 2014

228,393

NET BOOK VALUE

At 30th September 2014

59,523

At 30th September 2013

57,350

3.

DEBTORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR

The aggregate total of debtors falling due after more than one year is £ 2 (30.9.13 - £ 2 )

4.

CREDITORS

Creditors include the following debts falling due in more than five years:

30.9.14

30.9.13

£

Repayable by instalments

49,942

-

5.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

30.9.14

30.9.13

value:

£

6,100

Ordinary A Shares

1p

61

100

Ordinary B Shares

1p

1

100

Ordinary C Shares

1p

1

100

Ordinary D Shares

1p

1

100

Ordinary E Shares

1p

1

65

6.	RELATED PARTY DISCLOSURES

The company has taken advantage of exemption, under the terms of Financial Reporting Standard 8 Related

Party Disclosures, not to disclose related party transactions between the parent company and

wholly owned subsidiaries within the group.

Ms D Lampton and Ms A Yard

Directors

The directors purchased the property from the company for £720,000 during the year ended 30th September

2013. The property was purchased at arms length at an open market value supplied by Sinclairs London Estate

Agents.

7.	ULTIMATE CONTROLLING PARTY

The company is a wholly owned subsidiary of D & A Holdings (London) Ltd which acquired 100% of the

companys' share capital on the 13th June 2011.

Hobsons International Limited - Limited company - abbreviated - 11.6

Hobsons International Limited - Limited company - abbreviated - 11.6