Computer Help Zone Limited - Accounts to registrar - small 16.3d

REGISTERED NUMBER: 07459729 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2016

FOR

COMPUTER HELP ZONE LIMITED

Page

Company Information

1

Statement of Financial Position

2

Notes to the Financial Statements

3

DIRECTORS:

P Fay

Ms A M Oliver

REGISTERED OFFICE:

1 Sheffield Road

Southborough

Tunbridge Wells

Kent

TN4 0PD

REGISTERED NUMBER:

07459729 (England and Wales)

ACCOUNTANTS:

Raymond Benn & Co Limited

Chartered Certified Accountants

1 Sheffield Road

Southborough

Tunbridge Wells

Kent

TN4 0PD

BANKERS:

Santander UK plc

Business Banking

301 St Vincent Street

Glasgow

G2 5NT

FIXED ASSETS

Tangible assets

4

650

867

CURRENT ASSETS

Debtors

5

76

300

Cash at bank

13,457

7,284

13,533

7,584

CREDITORS

Amounts falling due within one year

6

(7,095

)

(6,297

)

NET CURRENT ASSETS

6,438

1,287

TOTAL ASSETS LESS CURRENT LIABILITIES

7,088

2,154

PROVISIONS FOR LIABILITIES

(130

)

(173

)

NET ASSETS

6,958

1,981

CAPITAL AND RESERVES

Called up share capital

2

2

Retained earnings

6,956

1,979

SHAREHOLDERS' FUNDS

6,958

1,981

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2016.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 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 financial statements have been prepared and delivered in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors on 13 March 2017 and were signed on its behalf by:

P Fay - Director

1.	STATUTORY INFORMATION

Computer Help Zone Limited is a private company, limited by shares , registered in England and

Wales. The company's registered number and registered office address can be found on the Company

Information page.

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with the provisions of Section 1A "Small Entities" of Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts,

rebates, value added tax and other sales taxes.

Tangible fixed assets

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

Plant and machinery etc

-

25% on reducing balance

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement,

except to the extent that it relates to items recognised in other comprehensive income or directly in

equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that that have been

enacted or substantively enacted by the statement of financial position date.

Deferred tax

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

the statement of financial position date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods

different from those in which they are recognised in financial statements. Deferred tax is measured

using tax rates and laws that have been enacted or substantively enacted by the year end and that are

expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable

that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2015 - 2 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 January 2016

and 31 December 2016

2,264

DEPRECIATION

At 1 January 2016

1,397

Charge for year

217

At 31 December 2016

1,614

NET BOOK VALUE

At 31 December 2016

650

At 31 December 2015

867

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2016

2015

£

£

Trade debtors

76

300

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2016

2015

£

£

Corporation tax

1,288

848

Value added tax

462

-

Directors' current accounts

3,697

4,638

Accrued expenses

1,648

811

7,095

6,297