HDS MANAGEMENT LTD. - Abbreviated accounts 16.1

REGISTERED NUMBER: 07746838 (England and Wales)

Abbreviated Unaudited Accounts for the Year Ended 31 December 2015

for

HDS MANAGEMENT LTD.

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTOR:

K G Anderson

REGISTERED OFFICE:

46 Berth Suite A

Port of Tilbury

Tilbury

Essex

RM18 7HS

REGISTERED NUMBER:

07746838 (England and Wales)

ACCOUNTANTS:

Gibson McKerrell Brown LLP

Chartered Accountants

14 Rutland Square

Edinburgh

Midlothian

EH1 2BD

CURRENT ASSETS

Debtors

107,697

553,730

Cash at bank and in hand

15,227

1,657

122,924

555,387

CREDITORS

Amounts falling due within one year

58,962

509,941

NET CURRENT ASSETS

63,962

45,446

TOTAL ASSETS LESS CURRENT LIABILITIES

63,962

45,446

CAPITAL AND RESERVES

Called up share capital

2

450

450

Profit and loss account

63,512

44,996

SHAREHOLDERS' FUNDS

63,962

45,446

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2015.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2015 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 director on 29 April 2016 and were signed by:

K G Anderson - 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 January 2015).

Turnover

Turnover represents net invoiced sales of services, excluding value added tax.

Deferred tax

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

balance sheet date.

2.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.12.15

31.12.14

value:

£

£

150

Ordinary 'A'

£1

150

150

150

Ordinary 'B'

£1

150

150

150

Ordinary 'C'

£1

150

150

450

450

3.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 December 2015 and

31 December 2014:

31.12.15

31.12.14

£

£

K G Anderson

Balance outstanding at start of year

12,501

12,244

Amounts advanced

-

257

Amounts repaid

(13,000

)

-

Balance outstanding at end of year

(499

)

12,501