Company Registration No. 07855788 (England and Wales)
HMG Response Ltd.
Abbreviated unaudited accounts
for the year ended 30 November 2016
HMG Response Ltd.
Abbreviated Balance Sheet
as at 30 November 2016
Tangible assets
1,639
1,778
Cash at bank and in hand
-
479
Creditors: amounts falling due within one year
(16,442)
(13,390)
Net current assets/(liabilities)
22,474
(982)
Total assets less current liabilities
24,113
796
Provisions for liabilities
(328)
(436)
Called up share capital
125
100
Profit and loss account
23,660
260
Total shareholders' funds
23,785
360
For the year ending 30 November 2016 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges her responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the Financial Reporting Standard for Smaller Entities (effective January 2015).
Approved by the board on 21 July 2017
Helen McGregor
Director
Company Registration No. 07855788
HMG Response Ltd.
Notes to the Abbreviated Accounts
for the year ended 30 November 2016
The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective January 2015).
Turnover represents the value, net of VAT and discounts, of goods provided to customers and work carried out in respect of services provided to customers.
Tangible fixed assets policy
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
15% reducing balance basis
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws.
Deferred tax is not provided on timing differences arising from the revaluation of fixed assets where there is no commitment to sell the asset.
Deferred tax assets and liabilities are not discounted.
Allotted, called up and fully paid:
125 Ordinary shares of £1 each
125
100
Shares issued during the period:
25 Ordinary shares of £1 each
25
