HELP_FOR_BANDS_LIMITED - Accounts

HELP FOR BANDS LIMITED - Company Information

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Company Registration No. 09124095 (England and Wales)

HELP FOR BANDS LIMITED

UNAUDITED ABBREVIATED FINANCIAL STATEMENTS

FOR THE PERIOD ENDED 31 JULY 2015

HELP FOR BANDS LIMITED

CONTENTS

Page

Accountants' report

Abbreviated balance sheet

Notes to the abbreviated accounts

HELP FOR BANDS LIMITED

CHARTERED ACCOUNTANTS' REPORT TO THE BOARD OF DIRECTORS ON THE PREPARATION OF THE UNAUDITED STATUTORY FINANCIAL STATEMENTS OF HELP FOR BANDS LIMITED FOR THE PERIOD ENDED 31 JULY 2015

- 1 -

The following reproduces the text of the Accountants' Report prepared in respect of the company's annual unaudited financial statements, from which the unaudited abbreviated financial statements set out on pages 2 to 3 have been prepared.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Help for Bands Limited for the period ended 31 July 2015 which comprise the Profit and Loss Account, the Balance Sheet and the related notes from the company’s accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales, we are subject to its ethical and other professional requirements which are detailed at icaew.com/regulations.

This report is made solely to the Board of Directors of Help for Bands Limited, as a body, in accordance with the terms of our engagement letter dated 14 March 2016. Our work has been undertaken solely to prepare for your approval the financial statements of Help for Bands Limited and state those matters that we have agreed to state to the Board of Directors of Help for Bands Limited, as a body, in this report in accordance with AAF 2/10 as detailed at icaew.com/compilation. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Help for Bands Limited and its Board of Directors as a body, for our work or for this report.

It is your duty to ensure that Help for Bands Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and loss of Help for Bands Limited. You consider that Help for Bands Limited is exempt from the statutory audit requirement for the period.

We have not been instructed to carry out an audit or a review of the financial statements of Help for Bands Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.

Clear & Lane Limited

Chartered Accountants

340 Melton Road

Leicester

LE4 7SL

24 March 2016

HELP FOR BANDS LIMITED

ABBREVIATED BALANCE SHEET

AS AT

31 JULY 2015

- 2 -

2015

Notes

Fixed assets

Tangible assets

1,281

Current assets

Cash at bank and in hand

Creditors: amounts falling due within one year

(2,478)

Net current liabilities

(2,409)

Total assets less current liabilities

(1,128)

Capital and reserves

Called up share capital

Profit and loss account

(1,129)

Shareholders' funds

(1,128)

For the financial period ended 31 July 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 members have not required the company to obtain an audit of its financial statements for the period 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 24 March 2016

Mr N Dunn

Director

Company Registration No. 09124095

HELP FOR BANDS LIMITED

NOTES TO THE ABBREVIATED ACCOUNTS

FOR THE PERIOD ENDED 31 JULY 2015

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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 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:

Website

straight line over 4 years

Fixed assets

Tangible assets

Cost

At 10 July 2014

Additions

1,500

At 31 July 2015

1,500

Depreciation

At 10 July 2014

Charge for the period

219

At 31 July 2015

219

Net book value

At 31 July 2015

1,281

Share capital

2015

Allotted, called up and fully paid

1 Ordinary share of £1 each