Abbreviated Company Accounts - HORBURY FINANCIAL SERVICES LIMITED

HORBURY FINANCIAL SERVICES LIMITED - Company Information

04659563 HORBURY FINANCIAL SERVICES LIMITED 2016-02-28 false 2015-03-01 2016-02-28 true 04659563 2015-03-01 2016-02-28 04659563 2016-02-28 04659563 2015-02-28 04659563 uk-gaap-cd-bus:Director1 2015-03-01 2016-02-28 04659563 uk-gaap-cd-bus:Director2 2015-03-01 2016-02-28 uk-gaap-cd-bus:OrdinaryShareClass1 2015-03-01 2016-02-28 uk-gaap-cd-bus:OrdinaryShareClass1 2016-02-28 uk-gaap-cd-bus:OrdinaryShareClass1 2015-02-28 iso4217:GBP shares

Registered Number 04659563

HORBURY FINANCIAL SERVICES LIMITED

Abbreviated Accounts

28 February 2016

HORBURY FINANCIAL SERVICES LIMITED Registered Number 04659563

Abbreviated Balance Sheet as at 28 February 2016

	Notes	2016	2015
		£	£
Fixed assets
Intangible assets	2	90,000	90,000
Tangible assets	3	208,565	213,948
		298,565	303,948
Current assets
Debtors		86,907	148,715
Investments		122,415	49,033
		209,322	197,748
Creditors: amounts falling due within one year		(193,224)	(206,506)
Net current assets (liabilities)		16,098	(8,758)
Total assets less current liabilities		314,663	295,190
Creditors: amounts falling due after more than one year		(134,514)	(120,216)
Total net assets (liabilities)		180,149	174,974
Capital and reserves
Called up share capital	4	7	7
Profit and loss account		180,142	174,967
Shareholders' funds		180,149	174,974

For the year ending 28 February 2016 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

Approved by the Board on 29 November 2016

And signed on their behalf by:
Simon Knee, Director

HORBURY FINANCIAL SERVICES LIMITED Registered Number 04659563

Notes to the Abbreviated Accounts for the period ended 28 February 2016

1Accounting Policies

Basis of measurement and preparation of accounts
The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities effective April 2008.

Turnover policy
The turnover shown in the profit and loss accounts represents revenue earned during the period, exlusive of VAT

Tangible assets depreciation policy
Depreciation is provided at an annual rate of 25% in order to write off each asset over its estimated useful life.

2Intangible fixed assets

	£
Cost
At 1 March 2015	90,000
Additions	-
Disposals	-
Revaluations	-
Transfers	-
At 28 February 2016	90,000
Amortisation
At 1 March 2015	-
Charge for the year	-
On disposals	-
At 28 February 2016	-
Net book values
At 28 February 2016	90,000
At 28 February 2015	90,000

3Tangible fixed assets

	£
Cost
At 1 March 2015	220,956
Additions	-
Disposals	(224)
Revaluations	-
Transfers	-
At 28 February 2016	220,732
Depreciation
At 1 March 2015	7,008
Charge for the year	5,214
On disposals	(55)
At 28 February 2016	12,167
Net book values
At 28 February 2016	208,565
At 28 February 2015	213,948

4Called Up Share Capital
Allotted, called up and fully paid:

	2016 £	2015 £
7 Ordinary shares of £1 each	7	7