HR Procurement Solutions Limited - Abbreviated accounts

Registered number

08353347

HR Procurement Solutions Limited

Abbreviated Accounts

31 January 2016

HR Procurement Solutions Limited
Registered number:		08353347
Abbreviated Balance Sheet
as at 31 January 2016

Notes			2016			2015
£				£
Fixed assets
Tangible assets	2		310			413

Current assets
Debtors		-			6,421
Cash at bank and in hand		35,460			25,650
		35,460			32,071

Creditors: amounts falling due within one year		(19,537)			(26,941)

Net current assets			15,923			5,130

Total assets less current liabilities			16,233			5,543


Provisions for liabilities			(62)			(83)


Net assets			16,171			5,460

Capital and reserves
Called up share capital	3		100			100
Profit and loss account			16,071			5,360

Shareholders' funds			16,171			5,460

The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The director acknowledges her responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared in accordance with the provisions in Part 15 of the Companies Act 2006 applicable to companies subject to the small companies regime.



E Ratcliffe
Director
Approved by the board on 25 May 2016

HR Procurement Solutions Limited
Notes to the Abbreviated Accounts
for the year ended 31 January 2016

1	Accounting policies

	Basis of preparation
	The accounts 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 the value, net of value added tax and discounts, of goods provided to customers and work carried out in respect of services provided to customers.

	Depreciation
	Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives.

	Plant and machinery			25% reducing balance

	Deferred taxation
	Full provision is made for deferred taxation resulting from timing differences between the recognition of gains and losses in the accounts and their recognition for tax purposes. Deferred taxation is calculated on an un-discounted basis at the tax rates which are expected to apply in the periods when the timing differences will reverse.


2	Tangible fixed assets					£

	Cost
	At 1 February 2015					734
	At 31 January 2016					734

	Depreciation
	At 1 February 2015					321
	Charge for the year					103
	At 31 January 2016					424

	Net book value
	At 31 January 2016					310
	At 31 January 2015					413


3	Share capital	Nominal		2016		2016		2015
value			Number		£		£
	Allotted, called up and fully paid:
	Ordinary shares	£1 each		100		100		100