HRinPractice Limited - Abbreviated accounts 16.1
HRinPractice Limited - Abbreviated accounts 16.1
| REGISTERED NUMBER: |
| HRINPRACTICE LIMITED |
| ABBREVIATED UNAUDITED ACCOUNTS |
| FOR THE YEAR ENDED 31 JULY 2015 |
| HRINPRACTICE LIMITED (REGISTERED NUMBER: 06968164) |
| CONTENTS OF THE ABBREVIATED ACCOUNTS |
| for the year ended 31 July 2015 |
| Page |
| Company Information | 1 |
| Abbreviated Balance Sheet | 2 |
| Notes to the Abbreviated Accounts | 3 |
| Chartered Accountants' Report | 4 |
| HRINPRACTICE LIMITED |
| COMPANY INFORMATION |
| for the year ended 31 July 2015 |
| DIRECTORS: |
| REGISTERED OFFICE: |
| REGISTERED NUMBER: |
| ACCOUNTANTS: |
| Chartered Accountants |
| HRINPRACTICE LIMITED (REGISTERED NUMBER: 06968164) |
| ABBREVIATED BALANCE SHEET |
| 31 July 2015 |
| 2015 | 2014 |
| Notes | £ | £ |
| CURRENT ASSETS |
| Debtors |
| Cash at bank |
| CREDITORS |
| Amounts falling due within one year | ( |
) | ( |
) |
| NET CURRENT LIABILITIES | ( |
) | ( |
) |
| TOTAL ASSETS LESS CURRENT LIABILITIES | ( |
) | ( |
) |
| CAPITAL AND RESERVES |
| Called up share capital | 2 |
| 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. |
| The financial statements were approved by the Board of Directors on |
| HRINPRACTICE LIMITED (REGISTERED NUMBER: 06968164) |
| NOTES TO THE ABBREVIATED ACCOUNTS |
| for the year ended 31 July 2015 |
| 1. | ACCOUNTING POLICIES |
| Basis of preparing the financial statements |
| The company has made a loss in the year and has a net current liability position at the balance sheet date. The |
| directors consider it appropriate to prepare the financial statements on a going concern basis as the company has |
| the ongoing financial support of the directors. |
| In order to maintain the going concern basis of these financial statements the directors have confirmed that they |
| will continue to provide financial support for the next year, ensuring that all third party liabilities are met as they fall |
| due. |
| 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 January 2015). |
| Turnover |
| Turnover is recognised at the fair value of the consideration received or receivable for the sale of services in the |
| ordinary nature of business. Revenue from services is recognised when the service is provided and can be measured |
| reliably. |
| Deferred tax |
| Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance |
| sheet date where transactions or events that result in an obligation to pay more tax in the future or a right to pay |
| less tax in the future have occurred at the balance sheet date. Timing differences are differences between the |
| company's taxable profits and its results as stated in the financial statements. |
| Deferred tax is measured at the average tax rates that are expected to apply in the periods in which timing |
| differences are expected to reverse, based on tax rates and laws that have been enacted or substantially enacted by |
| the balance sheet date. Deferred tax is measured on a non-discounted basis. |
| 2. | CALLED UP SHARE CAPITAL |
| Allotted and issued: |
| Number: | Class: | Nominal | 2015 | 2014 |
| value: | £ | £ |
| Ordinary | £1 |
| 3. | DEFERRED TAX |
| No provision has been made in these accounts for a potential deferred tax asset of £2,350 (2014: £2,300) resulting |
| from corporation tax losses available to offset against future profits. This is because it is uncertain when these may |
| be able to be utilised. |
| CHARTERED ACCOUNTANTS' REPORT TO THE BOARD OF DIRECTORS |
| ON THE UNAUDITED FINANCIAL STATEMENTS OF |
| HRINPRACTICE LIMITED |
| The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited |
| financial statements, from which the unaudited abbreviated accounts (set out on pages two to three) 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 HRinPractice Limited for the year 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 (ICAEW), we are subject to its ethical and other professional requirements which are detailed at icaew.com/membershandbook. |
| This report is made solely to the Board of Directors of HRinPractice Limited, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of HRinPractice Limited and state those matters that we have agreed to state to the Board of Directors of HRinPractice 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 the company and its Board of Directors, as a body, for our work or for this report. |
| It is your duty to ensure that HRinPractice 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 HRinPractice Limited. You consider that HRinPractice Limited is exempt from the statutory audit requirement for the year. |
| We have not been instructed to carry out an audit or a review of the financial statements of HRinPractice 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. |
| This report should not be regarded as suitable to be used or relied on by any other party wishing to acquire any rights |
| against Bessler Hendrie for any purpose or in any context. Any party, other than the Directors, who obtain access to this |
| report or a copy and chooses to rely on this report (or any part of it) will do so at its own risk. |
| Chartered Accountants |
| 29 April 2016 |