Hambury Technologies Ltd - Accounts to registrar (filleted) - small 17.3

REGISTERED NUMBER: 09061446 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31ST MAY 2017

FOR

HAMBURY TECHNOLOGIES LTD

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

C Hallam

REGISTERED OFFICE:

Portland House

11-13 Station Road

Kettering

Northamptonshire

NN15 7HH

BUSINESS ADDRESS:

Hambury Lodge

104 Orlingbury Road

Isham

Kettering

Northamptonshire

NN14 1HW

REGISTERED NUMBER:

09061446 (England and Wales)

FIXED ASSETS

Tangible assets

5

-

250

CURRENT ASSETS

Debtors

6

2,476

6,282

Cash at bank

3,831

2,987

6,307

9,269

CREDITORS

Amounts falling due within one year

7

7,779

11,010

NET CURRENT LIABILITIES

(1,472

)

(1,741

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(1,472

)

(1,491

)

PROVISIONS FOR LIABILITIES

-

50

NET LIABILITIES

(1,472

)

(1,541

)

CAPITAL AND RESERVES

Called up share capital

8

100

100

Retained earnings

(1,572

)

(1,641

)

SHAREHOLDERS' FUNDS

(1,472

)

(1,541

)

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31st May 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 29th January 2018 and were signed by:

C Hallam - Director

1.	STATUTORY INFORMATION

Hambury Technologies 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.

The presentation currency of the financial statements is the Pound Sterling (£).

2.	TRANSITION TO FRS 102

This is the first year in which the financial statements have been prepared under FRS102 section 1A,

issue by the Financial Reporting Council. The financial statements for the year ended 31st May 2016

were prepared under previous UK GAAP. The transition date is therefore 1st June 2015.

3.	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 historic cost convention.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding

discounts, rebates, value added tax and other sales taxes.

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 reducing balance

Taxation

Taxation for the year 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 year 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

The company is party to only basic financial instruments such as cash, trade debtors and creditors,

and bank loans. Instruments such as trade debtors and creditors are initially recognised at their

transaction cost and reviewed at the year end for impairment. Debt instruments not repayable on

demand or due within one year, such as bank loans, are measured at amortised cost using the

effective interest rate.

4.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2016 - 1 ) .

5.	TANGIBLE FIXED ASSETS

Computer

equipment

£

COST

At 1st June 2016

and 31st May 2017

750

DEPRECIATION

At 1st June 2016

500

Charge for year

250

At 31st May 2017

750

NET BOOK VALUE

At 31st May 2017

-

At 31st May 2016

250

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2017

2016

£

£

Trade debtors

689

1,173

Other debtors

1,787

5,109

2,476

6,282

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2017

2016

£

£

Trade creditors

2,659

2,055

Taxation and social security

-

489

Other creditors

5,120

8,466

7,779

11,010

8.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2017

2016

value:

£

£

100

Ordinary

£1

100

100

9.	ULTIMATE CONTROLLING PARTY

The controlling party is C Hallam.