HCB Business Services Limited - Period Ending 2016-03-31

Registration number: 09042154

HCB Business Services Limited

Unaudited Abbreviated Accounts

for the Year Ended 31 March 2016
 

HCB Accountants LLP
29 Wood Street
Stratford upon Avon
Warwickshire
CV37 6JG

HCB Business Services Limited
Contents

Abbreviated Balance Sheet 1

Notes to the Abbreviated Accounts 2 to 3

HCB Business Services Limited
(Registration number: 09042154)
Abbreviated Balance Sheet at 31 March 2016

		Note			2016 £			2015 £
Fixed assets
Tangible fixed assets					9,264			-
Current assets
Debtors					511,286			100
Cash at bank and in hand					9,425			-
					520,711			100
Creditors: Amounts falling due within one year					(529,724)			-
Net current (liabilities)/assets					(9,013)			100
Net assets					251			100
Capital and reserves
Called up share capital		3			100			100
Profit and loss account					151			-
Shareholders' funds					251			100

For the year ending 31 March 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 30 December 2016 and signed on its behalf by:

.........................................
Mr Michael David Gahan
Director

The notes on pages 2 to 3 form an integral part of these financial statements.
Page 1

HCB Business Services Limited
Notes to the Abbreviated Accounts for the Year Ended 31 March 2016
......... continued

1	Accounting policies

Basis of preparation

The full financial statements, from which these abbreviated accounts have been extracted, 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 amounts chargeable, net of value added tax, in respect of the sale of goods and services to customers.

Depreciation

Depreciation is provided on tangible fixed assets so as to write off the cost or valuation, less any estimated residual value, over their expected useful economic life as follows:

Asset class	Depreciation method and rate
Motor vehicles	33% reducing balance

Financial instruments

Financial instruments are classified and accounted for, according to the substance of the contractual arrangement, as financial assets, financial liabilities or equity instruments. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities. Where shares are issued, any component that creates a financial liability of the company is presented as a liability in the balance sheet. The corresponding dividends relating to the liability component are charged as interest expense in the profit and loss account.

2	Fixed assets

		Tangible assets £			Total £
Cost
Additions		11,500			11,500
At 31 March 2016		11,500			11,500
Depreciation
Charge for the year		2,236			2,236
At 31 March 2016		2,236			2,236
Net book value
At 31 March 2016		9,264			9,264

Page 2

HCB Business Services Limited
Notes to the Abbreviated Accounts for the Year Ended 31 March 2016
......... continued

3	Share capital

Allotted, called up and fully paid shares

	2016						2015
		No.			£			No.			£
Ordinary of £1 each		100			100			10			10

Page 3