Harbour Insurance Brokers Ltd. - Accounts to registrar - small 17.2

HARBOUR INSURANCE BROKERS LTD.

REPORT OF THE DIRECTOR AND

UNAUDITED FINANCIAL STATEMENTS

FOR THE PERIOD 1 MAY 2016 TO 29 APRIL 2017

Page

Company Information

1

Report of the Director

2

Balance Sheet

3

Notes to the Financial Statements

4

DIRECTOR:

N R Jones Barlow

REGISTERED OFFICE:

Woodgate Farm Oast Street

Borden

Sittingbourne

Kent

ME9 8JX

REGISTERED NUMBER:

03044258 (England and Wales)

ACCOUNTANTS:

Albert Goodman Lewis Limited

Chartered Accountants

3/5 College Street

Burnham on Sea

Somerset

TA8 1AR

The director presents his report with the financial statements of the company for the period 1 May 2016 to 29 April 2017.

INCORPORATION

The company was incorporated on 10 April 1995 .

DIRECTORS

N R Jones Barlow has held office during the whole of the period from 1 May 2016 to the date of this report.

Other changes in directors holding office are as follows:

D G Riggs - resigned 17 February 2017

J Milligan - resigned 17 February 2017

P J Elswood - resigned 17 February 2017

The director who is eligible offers himself for election at the forthcoming first Annual General Meeting.

This report has been prepared in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small

companies.

ON BEHALF OF THE BOARD:

N R Jones Barlow - Director

2 July 2017

CREDITORS

Amounts falling due within one year

3

871

NET CURRENT LIABILITIES

(871

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(871

)

CAPITAL AND RESERVES

Called up share capital

100

Retained earnings

(971

)

(871

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 29 April 2017.

The members have not required the company to obtain an audit of its financial statements for the period ended 29 April 2017 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 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 director on 2 July 2017 and were signed by:

N R Jones Barlow - Director

1.	STATUTORY INFORMATION

Harbour Insurance Brokers Ltd. 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

The financial statements have been prepared on the going concern basis which assumes that the company will

continue in operational existence for the foreseeable future not withstanding the deficiency of £871 of

shareholders' funds at 29 April 2017.

The validity of the assumption depends on the continuing support of the directors. Based on their experience of

the business the directors believe that this support will continue and the directors therefore consider it

appropriate to prepare the financial statements on the going concern basis.

Should the going concern basis of preparation of the financial statements be found inappropriate, certain assets

may need revaluing and further liabilities provided for, both potential adjustments having consequent effects on

the profit and loss account. The financial statements do not include any such adjustments.

Taxation

Taxation for the period 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 have been enacted or

substantively enacted by the balance sheet date.

Deferred tax

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

sheet 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 period 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.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

£

Directors' current accounts

871