HOSPITALITY_MARKETING_SER - Accounts

HOSPITALITY MARKETING SERVICES LIMITED - Company Information

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Company Registration No. 04336867 (England and Wales)

HOSPITALITY MARKETING SERVICES LIMITED

ABBREVIATED ACCOUNTS

FOR THE YEAR ENDED 31 DECEMBER 2014

HOSPITALITY MARKETING SERVICES LIMITED

CONTENTS

Page

Abbreviated balance sheet

Notes to the abbreviated accounts

2 - 3

HOSPITALITY MARKETING SERVICES LIMITED

ABBREVIATED BALANCE SHEET

AS AT

31 DECEMBER 2014

- 1 -

2014

2013

Notes

Fixed assets

Tangible assets

Current assets

Debtors

49,919

48,717

Cash at bank and in hand

38,574

38,592

88,493

87,309

Creditors: amounts falling due within one year

(51,822)

(45,378)

Net current assets

36,671

41,931

Total assets less current liabilities

36,671

42,027

Capital and reserves

Called up share capital

Profit and loss account

36,669

42,025

Shareholders' funds

36,671

42,027

For the financial year ended 31 December 2014 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476;

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.

These abbreviated financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime.

Approved by the Board for issue on 18 August 2015

R Plumpton

Director

Company Registration No. 04336867

HOSPITALITY MARKETING SERVICES LIMITED

NOTES TO THE ABBREVIATED ACCOUNTS

FOR THE YEAR ENDED 31 DECEMBER 2014

- 2 -

Accounting policies

1.1

Accounting convention

The financial statements are prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective April 2008).

1.2

Turnover

Turnover represents the total invoice value, excluding value added tax, of sales made during the year and derives from the provision of goods falling within the company's ordinary activities.

1.3

Tangible fixed assets and depreciation

Tangible fixed assets are stated at cost less depreciation. Depreciation is provided at rates calculated to write off the cost less estimated residual value of each asset over its expected useful life, as follows:

Plant and machinery

100%

Fixtures, fittings & equipment

25% straight line

1.4

Foreign currency translation

Monetary assets and liabilities denominated in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are recorded at the rate ruling at the date of the transaction. All differences are taken to profit and loss account.

1.5

Turnover

The total turnover of the company for the year has been derived from its principal activity wholly undertaken in the UK.

HOSPITALITY MARKETING SERVICES LIMITED

NOTES TO THE ABBREVIATED ACCOUNTS (CONTINUED)

FOR THE YEAR ENDED 31 DECEMBER 2014

- 3 -

Fixed assets

Tangible assets

Cost

At 1 January 2014

51,055

Additions

2,645

At 31 December 2014

53,700

Depreciation

At 1 January 2014

50,958

Charge for the year

2,742

At 31 December 2014

53,700

Net book value

At 31 December 2014

At 31 December 2013

Share capital

2014

2013

Allotted, called up and fully paid

2 Ordinary shares of £1 each