Hampshire Accountancy & Taxation Services Ltd

Hampshire Accountancy & Taxation Services Ltd

HAMPSHIRE ACCOUNTANCY AND TAXATION SERVICES LIMITED - Company Information

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1 November 2019 false Taxfiler 2021.10 09694713business:PrivateLimitedCompanyLtd2019-11-012020-10-31 096947132019-10-31 096947132019-11-012020-10-31 09694713business:AuditExempt-NoAccountantsReport2019-11-012020-10-31 09694713business:FullAccounts2019-11-012020-10-31 096947132020-10-31 09694713business:Director12019-11-012020-10-31 09694713business:Director22019-11-012020-10-31 09694713business:RegisteredOffice2019-11-012020-10-31 096947132019-10-31 09694713core:WithinOneYear2020-10-31 09694713core:WithinOneYear2019-10-31 09694713core:ShareCapital2020-10-31 09694713core:ShareCapital2019-10-31 09694713core:RetainedEarningsAccumulatedLosses2020-10-31 09694713core:RetainedEarningsAccumulatedLosses2019-10-31 09694713business:SmallEntities2019-11-012020-10-31 09694713countries:EnglandWales2019-11-012020-10-31 09694713core:Goodwill2019-10-31 09694713core:Goodwill2020-10-31 09694713core:FurnitureFittings2019-10-31 09694713core:FurnitureFittings2020-10-31 09694713business:OrdinaryShareClass12019-11-012020-10-31 09694713business:OrdinaryShareClass12018-11-012019-10-31 096947132018-11-012019-10-31 iso4217:GBP xbrli:shares xbrli:pure
Company Registration No. 09694713 (England and Wales)
Hampshire Accountancy & Taxation Services Ltd Unaudited accounts for the year ended 31 October 2020
Hampshire Accountancy & Taxation Services Ltd Unaudited accounts Contents
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Hampshire Accountancy & Taxation Services Ltd Company Information for the year ended 31 October 2020
Directors
Chris Evans Helen Evans
Company Number
09694713 (England and Wales)
Registered Office
College Court 15 Bowen Lane Petersfield Hampshire GU31 4DR
Accountants
Hampshire Accountancy Services College Court 15 Bowen Lane Petersfield Hampshire GU31 4DR
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Hampshire Accountancy & Taxation Services Ltd Statement of financial position as at 31 October 2020
2020 
2019 
Notes
£ 
£ 
Fixed assets
Intangible assets
4
70,001 
70,001 
Tangible assets
5
2,108 
2,108 
72,109 
72,109 
Current assets
Inventories
- 
11,000 
Debtors
6
- 
25,000 
Cash at bank and in hand
58,541 
33,941 
58,541 
69,941 
Creditors: amounts falling due within one year
7
- 
(11,400)
Net current assets
58,541 
58,541 
Net assets
130,650 
130,650 
Capital and reserves
Called up share capital
8
1,000 
1,000 
Profit and loss account
129,650 
129,650 
Shareholders' funds
130,650 
130,650 
For the year ending 31 October 2020 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 31 August 2021 and were signed on its behalf by
Chris Evans Director Company Registration No. 09694713
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Hampshire Accountancy & Taxation Services Ltd Notes to the Accounts for the year ended 31 October 2020
1
Statutory information
Hampshire Accountancy & Taxation Services Ltd is a private company, limited by shares, registered in England and Wales, registration number 09694713. The registered office is College Court, 15 Bowen Lane, Petersfield, Hampshire, GU31 4DR.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Turnover
Turnover represents the value, net of VAT and discounts, of goods provided to customers and work carried out in respect of services provided to customers.
Tangible fixed assets policy
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives: Fixtures & Fittings - 33% Straight Line basis
Intangible fixed assets
Intangible fixed assets (including purchased goodwill and patents) are amortised at rates calculated to write off the assets on a straight basis over their estimated useful economic lives. Impairment of intangible fixed assets is only reviewed where circumstances indicate that the carrying value of an asset may not be fully recoverable. Purchased Goodwill - Amortised over 15 years
4
Intangible fixed assets
Goodwill 
£ 
Cost
At 1 November 2019
87,500 
At 31 October 2020
87,500 
Amortisation
At 1 November 2019
17,499 
At 31 October 2020
17,499 
Net book value
At 31 October 2020
70,001 
At 31 October 2019
70,001 
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Hampshire Accountancy & Taxation Services Ltd Notes to the Accounts for the year ended 31 October 2020
5
Tangible fixed assets
Fixtures & fittings 
£ 
Cost or valuation
At cost 
At 1 November 2019
4,445 
At 31 October 2020
4,445 
Depreciation
At 1 November 2019
2,337 
At 31 October 2020
2,337 
Net book value
At 31 October 2020
2,108 
At 31 October 2019
2,108 
6
Debtors: amounts falling due within one year
2020 
2019 
£ 
£ 
Trade debtors
- 
25,000 
7
Creditors: amounts falling due within one year
2020 
2019 
£ 
£ 
Taxes and social security
- 
11,400 
8
Share capital
2020 
2019 
£ 
£ 
Allotted, called up and fully paid:
1,000 Ordinary shares of £1 each
1,000 
1,000 
9
Average number of employees
During the year the average number of employees was 0 (2019: 5).
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