HOTEL_SOLUTION_IT_LTD - Accounts

HOTEL SOLUTION IT LIMITED - Company Information

Print Friendly Version

Company Registration No. 08117150 (England and Wales)

HOTEL SOLUTION IT LTD

UNAUDITED ABBREVIATED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 JUNE 2016

HOTEL SOLUTION IT LTD

CONTENTS

Page

Abbreviated balance sheet

Notes to the abbreviated accounts

HOTEL SOLUTION IT LTD

ABBREVIATED BALANCE SHEET

AS AT

30 JUNE 2016

- 1 -

2016

2015

Notes

Fixed assets

Tangible assets

4,909

3,238

Current assets

Debtors

9,940

831

Cash at bank and in hand

8,936

3,620

18,876

4,451

Creditors: amounts falling due within one year

(16,988)

(6,978)

Net current assets/(liabilities)

1,888

(2,527)

Total assets less current liabilities

6,797

711

Provisions for liabilities

(514)

(648)

6,283

Capital and reserves

Called up share capital

100

Profit and loss account

6,183

(37)

Shareholders' funds

6,283

For the financial year ended 30 June 2016 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476;

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.

These abbreviated financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime.

Approved by the Board for issue on 23 March 2017

Mr I Lloyd

Director

Company Registration No. 08117150

HOTEL SOLUTION IT LTD

NOTES TO THE ABBREVIATED ACCOUNTS

FOR THE YEAR ENDED 30 JUNE 2016

- 2 -

Accounting policies

1.1

Accounting convention

The financial statements are prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective January 2015).

1.2

Turnover

Turnover represents amounts receivable for goods and services net of VAT and trade discounts.

1.3

Tangible fixed assets and depreciation

Tangible fixed assets are stated at cost less depreciation. Depreciation is provided at rates calculated to write off the cost less estimated residual value of each asset over its expected useful life, as follows:

Computer equipment

25% (SL)

Fixtures, fittings & equipment

25% (SL)

Fixed assets

Tangible assets

Cost

At 1 July 2015

4,606

Additions

2,856

At 30 June 2016

7,462

Depreciation

At 1 July 2015

1,368

Charge for the year

1,185

At 30 June 2016

2,553

Net book value

At 30 June 2016

4,909

At 30 June 2015

3,238