HCE Solutions Ltd - Abbreviated accounts 16.3

REGISTERED NUMBER: 07418279 (England and Wales)

HCE SOLUTIONS LTD

ABBREVIATED UNAUDITED ACCOUNTS

FOR THE YEAR ENDED 30 JUNE 2016

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTOR:

G P Dean

REGISTERED OFFICE:

2nd Floor

Nelson Mill

Gaskell Street

Bolton

Greater Manchester

BL1 2QE

REGISTERED NUMBER:

07418279 (England and Wales)

ACCOUNTANTS:

SCCA Ltd T/a Stafford & Co

Chartered Accountants

3 The Studios

320 Chorley Old Road

Bolton

Lancashire

BL1 4JU

FIXED ASSETS

Tangible assets

2

415

7,557

CURRENT ASSETS

Stocks

94,610

10,000

Debtors

179,336

44,274

Cash at bank

37,686

49,377

311,632

103,651

CREDITORS

Amounts falling due within one year

287,800

92,405

NET CURRENT ASSETS

23,832

11,246

TOTAL ASSETS LESS CURRENT
LIABILITIES

24,247

18,803

PROVISIONS FOR LIABILITIES

6,274

7,557

NET ASSETS

17,973

11,246

CAPITAL AND RESERVES

Called up share capital

3

1

Profit and loss account

17,972

11,245

SHAREHOLDERS' FUNDS

17,973

11,246

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

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

The director acknowledges his 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 director on 31 March 2017 and were signed by:

G P Dean - Director

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 represents net invoiced sales of goods, excluding value added tax.

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

-

33% on cost, 25% reducing balance and 15% on cost

Stocks

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

moving items.

Deferred tax

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

sheet date.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 July 2015

16,187

Disposals

(8,689

)

At 30 June 2016

7,498

DEPRECIATION

At 1 July 2015

8,630

Charge for year

625

Eliminated on disposal

(2,172

)

At 30 June 2016

7,083

NET BOOK VALUE

At 30 June 2016

415

At 30 June 2015

7,557

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2016

2015

value:

£

1

Ordinary

1