HNC Construction Services Limited - Accounts to registrar - small 17.2

REGISTERED NUMBER: 10069109 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE PERIOD 17 MARCH 2016 TO 31 MARCH 2017

FOR

HNC CONSTRUCTION SERVICES LIMITED

Page

Balance sheet

1

Notes to the financial statements

2

Fixed assets

Tangible assets

4

219

Investments

5

89

308

Current assets

Cash at bank and in hand

17,980

Creditors

Amounts falling due within one year

6

17,927

Net current assets

53

Total assets less current liabilities

361

Provisions for liabilities

7

42

Net assets

319

Capital and reserves

Called up share capital

8

100

Retained earnings

219

Shareholders' funds

319

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 31 March 2017.

The members have not required the company to obtain an audit of its financial statements for the period ended 31 March 2017 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 17 July 2017 and were signed on its behalf by:

Mrs H E Cooper - Director

Mr N G Cooper - Director

1.	Statutory information

HNC Construction Services Limited is a private company, limited by shares, registered in England and Wales. The company's

registered number is 10069109. The registered office is 7 & 8 Church Street, Wimborne, Dorset, BH21 1JH and business

address is 18 Greenacres Close, Bournemouth, Dorset, BH10 7DZ.

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 represents amounts receivable, excluding value added tax, in respect of services provided in the ordinary course

of business. Turnover is recognised when the service has been provided to the customer.

Tangible fixed assets

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

Computer equipment

-

33% on cost

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 that have been enacted or

substantively enacted by the balance sheet date.

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.

Financial instruments

Basic financial instruments are initially recognised at transaction price and accounted for according to the substance of the

contractual arrangement, as either financial assets, liabilities or equity instruments. An equity instrument is any contract

that evidences a residual interest in the assets of the company, after deducting all liabilities.

At each balance sheet date, financial instruments are measured at amortised cost using the effective interest method. Any

losses arising from impairment are recognised in the profit and loss account in the period to which they relate.

Investments in associates

Associated companies are entities over which the company has significant influence, but not control, generally

accompanied by a shareholding giving rise to voting rights of 20% and above but not exceeding 50%. Investments in

associated companies are accounted for at cost less any provision for diminution in value.

The financial statements present information about the company as an individual undertaking and not about its group. The

company and its associates comprise a small-sized group. The group has therefore taken advantage of the exemptions

provided by section 399 of the Companies Act 2006 not to prepare group accounts.

3.	Employees and directors

The average number of employees during the period was 2 .

4.	Tangible fixed assets

Computer

equipment

£

Cost

Additions

328

At 31 March 2017

328

Depreciation

Charge for period

109

At 31 March 2017

109

Net book value

At 31 March 2017

219

5.	Fixed asset investments

Interest

in other

participating

interests

£

Cost

Additions

89

At 31 March 2017

89

Net book value

At 31 March 2017

89

6.

Creditors: amounts falling due within one year

£

Tax

15,056

Directors' current accounts

1,791

Accrued expenses

1,080

17,927

7.	Provisions for liabilities

£

Deferred tax

42

Deferred

tax

£

Charge to Statement of comprehensive income during period

42

Balance at 31 March 2017

42

8.	Called up share capital

Allotted, issued and fully paid:

Number:

Class:

Nominal

value:

£

50

Ordinary A

£1

50

50

Ordinary B

£1

50

100

The following shares were allotted and fully paid for cash at par during the period:

50 Ordinary A shares of £1 each

50 Ordinary B shares of £1 each

9.	Ultimate controlling party

The company is controlled by the directors, Mr N Cooper and Mrs H Cooper, by virtue of their 100% holding in the voting

share capital.