HTS Design Services Limited - Limited company - abbreviated

REGISTERED NUMBER: 05161314 (England and Wales)

HTS Design Services Limited

Abbreviated Accounts for the Year Ended 30th June 2015

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

DIRECTORS:

M Bell

J M Clark

A Terry

SECRETARY:

M Bell

REGISTERED OFFICE:

1 Convent Lane

Great Thornton Street

Hull

East Yorkshire

HU3 2NT

REGISTERED NUMBER:

05161314 (England and Wales)

ACCOUNTANTS:

Smailes Goldie

Chartered Accountants

Regent's Court

Princess Street

Hull

East Yorkshire HU2 8BA

FIXED ASSETS

Intangible assets

2

40,503

45,003

Tangible assets

3

19,280

24,126

59,783

69,129

CURRENT ASSETS

Stocks

2,500

-

Debtors

144,162

90,915

Cash at bank and in hand

2,958

29,893

149,620

120,808

CREDITORS

Amounts falling due within one year

128,093

94,355

NET CURRENT ASSETS

21,527

26,453

TOTAL ASSETS LESS CURRENT
LIABILITIES

81,310

95,582

CREDITORS

Amounts falling due after more than one
year

2,700

16,110

NET ASSETS

78,610

79,472

CAPITAL AND RESERVES

Called up share capital

4

2

Profit and loss account

78,608

79,470

SHAREHOLDERS' FUNDS

78,610

79,472

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30th June 2015.

The members have not required the company to obtain an audit of its financial statements for the year ended 30th June 2015 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 14th March 2016 and were signed on its behalf by:

M Bell - 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.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2004, is being amortised evenly over its estimated useful life of twenty years.

Tangible fixed assets

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

The rates generally applicable are:

Plant and equipment 15% - 33%

Motor vehicles 20%

Stocks

Work in progress is valued at the lower of cost and net realisable value.

Cost includes all direct expenditure and an appropriate proportion of fixed and variable overheads.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the

balance sheet date.

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 1st July 2014

and 30th June 2015

90,003

AMORTISATION

At 1st July 2014

45,000

Amortisation for year

4,500

At 30th June 2015

49,500

NET BOOK VALUE

At 30th June 2015

40,503

At 30th June 2014

45,003

3.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1st July 2014

and 30th June 2015

128,354

DEPRECIATION

At 1st July 2014

104,228

Charge for year

4,846

At 30th June 2015

109,074

NET BOOK VALUE

At 30th June 2015

19,280

At 30th June 2014

24,126

4.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2015

2014

value:

£

2

Ordinary

£1

2

HTS Design Services Limited - Limited company - abbreviated - 11.9

HTS Design Services Limited - Limited company - abbreviated - 11.9