Horizon Software Solutions Limited - Limited company - abbreviated - 11.9
Horizon Software Solutions Limited - Limited company - abbreviated - 11.9
REGISTERED NUMBER: |
ABBREVIATED UNAUDITED ACCOUNTS |
FOR THE YEAR ENDED 30 JUNE 2015 |
FOR |
HORIZON SOFTWARE SOLUTIONS LIMITED |
HORIZON SOFTWARE SOLUTIONS LIMITED (REGISTERED NUMBER: 05750041) |
CONTENTS OF THE ABBREVIATED ACCOUNTS |
for the Year Ended 30 June 2015 |
Page |
Company Information | 1 |
Abbreviated Balance Sheet | 2 |
Notes to the Abbreviated Accounts | 4 |
HORIZON SOFTWARE SOLUTIONS LIMITED |
COMPANY INFORMATION |
for the Year Ended 30 June 2015 |
DIRECTORS: |
SECRETARY: |
REGISTERED OFFICE: |
REGISTERED NUMBER: |
ACCOUNTANTS: |
Chartered Accountants |
HORIZON SOFTWARE SOLUTIONS LIMITED (REGISTERED NUMBER: 05750041) |
ABBREVIATED BALANCE SHEET |
30 June 2015 |
2015 | 2014 |
Notes | £ | £ | £ | £ |
FIXED ASSETS |
Intangible assets | 2 |
Tangible assets | 3 |
Investments | 4 |
CURRENT ASSETS |
Stocks |
Debtors |
Cash at bank |
CREDITORS |
Amounts falling due within one year |
NET CURRENT (LIABILITIES)/ASSETS | ( |
) |
TOTAL ASSETS LESS CURRENT LIABILITIES |
CAPITAL AND RESERVES |
Called up share capital | 5 |
Revaluation reserve |
Profit and loss account |
SHAREHOLDERS' FUNDS |
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. |
HORIZON SOFTWARE SOLUTIONS LIMITED (REGISTERED NUMBER: 05750041) |
ABBREVIATED BALANCE SHEET - continued |
30 June 2015 |
The financial statements were approved by the Board of Directors on behalf by: |
HORIZON SOFTWARE SOLUTIONS LIMITED (REGISTERED NUMBER: 05750041) |
NOTES TO THE ABBREVIATED ACCOUNTS |
for the Year Ended 30 June 2015 |
1. | ACCOUNTING POLICIES |
Accounting convention |
The financial statements have been prepared under the historical cost convention as modified by the |
revaluation of certain assets and in accordance with the Financial Reporting Standard for Smaller |
Entities (effective April 2008). |
Turnover |
Turnover represents net invoiced sales of services, excluding value added tax. |
Tangible fixed assets |
Fixtures and fittings | - |
Computer equipment | - |
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. |
Research and development |
Development expenditure is capitalised as an intangible fixed asset once the outcome of the project |
has been assessed and is reasonably certain of the ultimate commercial viability of the project. The |
development costs are amortised over a period of ten years. |
Foreign currencies |
Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at |
the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of |
exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at |
the operating result. |
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. |
Fixed asset investments |
Fixed asset investments are include at cost or valuation. |
2. | INTANGIBLE FIXED ASSETS |
Total |
£ |
COST |
At 1 July 2014 |
Additions |
At 30 June 2015 |
NET BOOK VALUE |
At 30 June 2015 |
At 30 June 2014 |
HORIZON SOFTWARE SOLUTIONS LIMITED (REGISTERED NUMBER: 05750041) |
NOTES TO THE ABBREVIATED ACCOUNTS - continued |
for the Year Ended 30 June 2015 |
3. | TANGIBLE FIXED ASSETS |
Total |
£ |
COST |
At 1 July 2014 |
and 30 June 2015 |
DEPRECIATION |
At 1 July 2014 |
Charge for year |
At 30 June 2015 |
NET BOOK VALUE |
At 30 June 2015 |
At 30 June 2014 |
4. | FIXED ASSET INVESTMENTS |
Investments |
other |
than |
loans |
£ |
COST OR VALUATION |
At 1 July 2014 |
and 30 June 2015 | 511,085 |
NET BOOK VALUE |
At 30 June 2015 |
At 30 June 2014 |
5. | CALLED UP SHARE CAPITAL |
Allotted, issued and fully paid: |
Number: | Class: | Nominal | 2015 | 2014 |
value: | £ | £ |
ordinary | 1 |