HILLINGDON_COMMUNICATIONS - Accounts

HILLINGDON COMMUNICATIONS LTD - Company Information

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Company Registration No. 03694437 (England and Wales)

HILLINGDON COMMUNICATIONS LIMITED

ABBREVIATED ACCOUNTS

FOR THE YEAR ENDED 31 JANUARY 2015

HILLINGDON COMMUNICATIONS LIMITED

CONTENTS

Page

Abbreviated balance sheet

Notes to the abbreviated accounts

2 - 3

HILLINGDON COMMUNICATIONS LIMITED

ABBREVIATED BALANCE SHEET

AS AT

31 JANUARY 2015

- 1 -

2015

2014

Notes

Fixed assets

Tangible assets

457,612

467,412

Current assets

Debtors

1,424,419

955,547

Cash at bank and in hand

49,835

655,355

1,474,254

1,610,902

Creditors: amounts falling due within one year

(265,293)

(418,448)

Net current assets

1,208,961

1,192,454

Total assets less current liabilities

1,666,573

1,659,866

Provisions for liabilities

(5,300)

(6,700)

1,661,273

1,653,166

Capital and reserves

Called up share capital

Profit and loss account

1,661,272

1,653,165

Shareholder's funds

1,661,273

1,653,166

For the financial year ended 31 January 2015 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

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

The director acknowledges his 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 28 October 2015

Mr H Bains

Director

Company Registration No. 03694437

HILLINGDON COMMUNICATIONS LIMITED

NOTES TO THE ABBREVIATED ACCOUNTS

FOR THE YEAR ENDED 31 JANUARY 2015

- 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

Compliance with accounting standards

The financial statements are prepared in accordance with applicable United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice), which have been applied consistently (except as otherwise stated).

1.3

Turnover

Turnover represents amounts receivable for goods and services net of VAT and trade discounts.

1.4

Tangible fixed assets and depreciation

Tangible fixed assets other than freehold land 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:

Land and buildings Freehold

Not depreciated

Land and buildings Leasehold

Straight line over the life of the lease

Fixtures, fittings & equipment

20% straight line

Motor vehicles

25% straight line

1.5

Deferred taxation

Deferred taxation is provided in full in respect of taxation deferred by timing differences between the treatment of certain items for taxation and accounting purposes. The deferred tax balance has not been discounted.

Fixed assets

Tangible assets

Cost

At 1 February 2014 & at 31 January 2015

556,492

Depreciation

At 1 February 2014

89,080

Charge for the year

9,800

At 31 January 2015

98,880

Net book value

At 31 January 2015

457,612

At 31 January 2014

467,412

HILLINGDON COMMUNICATIONS LIMITED

NOTES TO THE ABBREVIATED ACCOUNTS (CONTINUED)

FOR THE YEAR ENDED 31 JANUARY 2015

- 3 -

Share capital

2015

2014

Allotted, called up and fully paid

1 Ordinary shares of £1 each

Transactions with directors

Amount outstanding

Maximum

2015

2014

in year

Director's current account

709,448

748,681

Included in other debtors is the balance of £709,448 (2014: £748,681) due from company director Mr H Bains.