Hampshire Business Computers Limited - Abbreviated accounts 16.3

Hampshire Business Computers Limited - Abbreviated accounts 16.3

HAMPSHIRE BUSINESS COMPUTERS LIMITED - Company Information

Print Friendly Version

02050982 1.10.15 30.9.16 30.9.16 Company accounts Private Limited Company FY true false true false false true false Ordinary 1.00000 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pure020509822015-09-30020509822016-09-30020509822015-10-012016-09-30020509822014-09-30020509822014-10-012015-09-30020509822015-09-3002050982ns12:England2015-10-012016-09-3002050982ns14:PoundSterling2015-10-012016-09-3002050982ns7:Director12015-10-012016-09-3002050982ns7:OrdinaryShareClass12015-10-012016-09-3002050982ns7:Director22015-10-012016-09-3002050982ns7:RegisteredOffice2015-10-012016-09-3002050982ns7:EntityAccountantsOrAuditors2015-10-012016-09-3002050982ns5:FixturesFittings2015-10-012016-09-3002050982ns5:MotorVehicles2015-10-012016-09-3002050982ns7:OrdinaryShareClass12016-09-3002050982ns7:OrdinaryShareClass12015-09-30
REGISTERED NUMBER: 02050982 (England and Wales)


















ABBREVIATED UNAUDITED ACCOUNTS

FOR THE YEAR ENDED 30 SEPTEMBER 2016

FOR

HAMPSHIRE BUSINESS COMPUTERS LIMITED

HAMPSHIRE BUSINESS COMPUTERS LIMITED (REGISTERED NUMBER: 02050982)






CONTENTS OF THE ABBREVIATED ACCOUNTS
FOR THE YEAR ENDED 30 SEPTEMBER 2016




Page

Company Information 1

Abbreviated Balance Sheet 2

Notes to the Abbreviated Accounts 3

Chartered Accountants' Report 5

HAMPSHIRE BUSINESS COMPUTERS LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 30 SEPTEMBER 2016







DIRECTORS: Mr K A Doyle
Mr D D Ross





REGISTERED OFFICE: 1 Park Court
Premier Way
Abbey Park Industrial Estate
Romsey
Hampshire
SO51 9DN





REGISTERED NUMBER: 02050982 (England and Wales)





ACCOUNTANTS: Rothman Pantall LLP
Chartered Accountants
Chilworth Point
1 Chilworth Road
Southampton
SO16 7JQ
Page 1
HAMPSHIRE BUSINESS COMPUTERS LIMITED (REGISTERED NUMBER: 02050982)

ABBREVIATED BALANCE SHEET
30 SEPTEMBER 2016

2016 2015
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 2 - -
Tangible assets 3 92,690 111,725
92,690 111,725

CURRENT ASSETS
Stocks 19,817 20,951
Debtors 403,470 496,318
Cash at bank and in hand 190,329 51,022
613,616 568,291
CREDITORS
Amounts falling due within one year 363,854 421,914
NET CURRENT ASSETS 249,762 146,377
TOTAL ASSETS LESS CURRENT
LIABILITIES
342,452
258,102

CAPITAL AND RESERVES
Called up share capital 4 1,000 1,000
Profit and loss account 341,452 257,102
SHAREHOLDERS' FUNDS 342,452 258,102

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 September 2016.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 2016 in accordance with Section 476 of the Companies Act 2006.

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 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 Board of Directors on 8 March 2017 and were signed on its behalf by:





Mr K A Doyle - Director


The notes form part of these abbreviated accounts

Page 2
HAMPSHIRE BUSINESS COMPUTERS LIMITED (REGISTERED NUMBER: 02050982)

NOTES TO THE ABBREVIATED ACCOUNTS
FOR THE YEAR ENDED 30 SEPTEMBER 2016

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 is the amount derived from the support of business information systems, stated net of VAT and is
recognised upon invoicing the customer.

GOODWILL
Goodwill, being the amount paid in connection with the acquisition of a business in 2013, is being amortised evenly over its estimated useful life of three years.

TANGIBLE FIXED ASSETS
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Fixtures and fittings - 15% on reducing balance
Motor vehicles - 25% on reducing balance

STOCKS
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and
slow moving items.

LEASING COMMITMENTS
Rentals paid under operating leases are charged to the profit and loss account on a straight line basis over the
period of the lease.

PENSION COSTS AND OTHER POST-RETIREMENT BENEFITS
The company operates a defined contribution pension scheme. Contributions payable to the company's pension
scheme are charged to the profit and loss account in the period to which they relate.

2. INTANGIBLE FIXED ASSETS
Total
£   
COST
At 1 October 2015
and 30 September 2016 159,497
AMORTISATION
At 1 October 2015
and 30 September 2016 159,497
NET BOOK VALUE

At 30 September 2016 -
At 30 September 2015 -

Page 3 continued...
HAMPSHIRE BUSINESS COMPUTERS LIMITED (REGISTERED NUMBER: 02050982)

NOTES TO THE ABBREVIATED ACCOUNTS - continued
FOR THE YEAR ENDED 30 SEPTEMBER 2016

3. TANGIBLE FIXED ASSETS
Total
£   
COST
At 1 October 2015 286,442
Additions 5,480
Disposals (19,265 )
At 30 September 2016 272,657
DEPRECIATION
At 1 October 2015 174,717
Charge for year 19,991
Eliminated on disposal (14,741 )
At 30 September 2016 179,967
NET BOOK VALUE
At 30 September 2016 92,690
At 30 September 2015 111,725

4. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2016 2015
value: £    £   
1,000 Ordinary £1 1,000 1,000

Page 4
CHARTERED ACCOUNTANTS' REPORT TO THE BOARD OF DIRECTORS
ON THE UNAUDITED FINANCIAL STATEMENTS OF
HAMPSHIRE BUSINESS COMPUTERS 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 four)
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 Hampshire Business Computers Limited for the year ended 30 September 2016 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 within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the Board of Directors of Hampshire Business Computers 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 Hampshire Business Computers Limited and state those matters that we have agreed to state to the Board of Directors of Hampshire Business Computers Limited, as a body, in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Hampshire Business Computers Limited Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that Hampshire Business Computers 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 profit of Hampshire Business Computers Limited. You consider that Hampshire Business Computers 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 Hampshire Business Computers 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.






Rothman Pantall LLP
Chartered Accountants
Chilworth Point
1 Chilworth Road
Southampton
SO16 7JQ


Date: .............................................

This page does not form part of the abbreviated accounts

Page 5