Handson Safety Services Limited - Limited company - abbreviated - 11.6

REGISTERED NUMBER: 05288085 (England and Wales)

Abbreviated Unaudited Accounts for the Year Ended 31 December 2014

for

Handson Safety Services Limited

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

DIRECTOR:

R Stubbs

REGISTERED OFFICE:

The Training Centre

Wistaston Rd Business Centre

Wistaston Road

Crewe

Cheshire

CW2 7RP

REGISTERED NUMBER:

05288085 (England and Wales)

ACCOUNTANTS:

Alextra Group Limited

12/14 Macon Court

Crewe

Cheshire

CW1 6EA

FIXED ASSETS

Intangible assets

2

60,000

66,000

Tangible assets

3

24,851

32,574

84,851

98,574

CURRENT ASSETS

Debtors

79,305

70,966

Cash at bank and in hand

32,600

22,143

111,905

93,109

CREDITORS

Amounts falling due within one year

(66,100

)

(67,788

)

NET CURRENT ASSETS

45,805

25,321

TOTAL ASSETS LESS CURRENT LIABILITIES

130,656

123,895

CREDITORS

Amounts falling due after more than one year

-

(30,000

)

NET ASSETS

130,656

93,895

CAPITAL AND RESERVES

Called up share capital

4

1

1

Profit and loss account

130,655

93,894

SHAREHOLDERS' FUNDS

130,656

93,895

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2014.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2014 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 22 June 2015 and were signed by:

R Stubbs - 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 derives from ordinary activities, net of trade discounts and excluding value added tax.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2005, is being amortised evenly over its estimated useful life of twenty years.

Tangible fixed assets

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

Improvements to property

-

15% on reducing balance

Fixtures and fittings

-

25% on reducing balance

Motor vehicles

-

25% on reducing balance

Computer equipment

-

33% on reducing balance

Hire purchase and leasing commitments

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.

2.	INTANGIBLE FIXED ASSETS

Total

£

COST

At 1 January 2014

and 31 December 2014

120,000

AMORTISATION

At 1 January 2014

54,000

Amortisation for year

6,000

At 31 December 2014

60,000

NET BOOK VALUE

At 31 December 2014

60,000

At 31 December 2013

66,000

3.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 January 2014

and 31 December 2014

59,539

DEPRECIATION

At 1 January 2014

26,965

Charge for year

7,723

At 31 December 2014

34,688

NET BOOK VALUE

At 31 December 2014

24,851

At 31 December 2013

32,574

4.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.12.14

31.12.13

value:

£

£

1

Ordinary

£1

1

1

5.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

At the year ended 31 December 2014 the company owed the director £25,929. (2013 - £52,226). The advances

made during the year totalled £52,082 and the repayments during the year were £25,785. Loans and advances

made during the period were interest free and repayable on demand.