Honeycomb Global Limited - Limited company accounts 17.3
Honeycomb Global Limited - Limited company accounts 17.3
| REGISTERED NUMBER: |
| Report of the Directors and |
| Unaudited Financial Statements for the Year Ended 30 June 2017 |
| for |
| Honeycomb Global Limited |
| Honeycomb Global Limited (Registered number: 08810651) |
| Contents of the Financial Statements |
| for the Year Ended 30 June 2017 |
| Page |
| Company Information | 1 |
| Report of the Directors | 2 |
| Income Statement | 3 |
| Balance Sheet | 4 |
| Statement of Changes in Equity | 5 |
| Notes to the Financial Statements | 6 |
| Honeycomb Global Limited |
| Company Information |
| for the Year Ended 30 June 2017 |
| DIRECTORS: |
| SECRETARY: |
| REGISTERED OFFICE: |
| REGISTERED NUMBER: |
| ACCOUNTANTS: |
| Suite 9, Rockfield House |
| 512 Darwen Road |
| Bromley Cross |
| Bolton |
| Lancashire |
| BL7 9DX |
| Honeycomb Global Limited (Registered number: 08810651) |
| Report of the Directors |
| for the Year Ended 30 June 2017 |
| The directors present their report with the financial statements of the company for the year ended 30 June 2017. |
| PRINCIPAL ACTIVITY |
| The principal activity of the company in the year under review was that of Management Consultancy Services |
| DIRECTORS |
| The directors shown below have held office during the whole of the period from 1 July 2016 to the date of this report. |
| 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: |
| Honeycomb Global Limited (Registered number: 08810651) |
| Income Statement |
| for the Year Ended 30 June 2017 |
| 30.6.17 | 30.6.16 |
| Notes | £ | £ |
| TURNOVER |
| Administrative expenses |
| OPERATING LOSS and |
| LOSS BEFORE TAXATION | ( |
) | ( |
) |
| Tax on loss | 3 |
| LOSS FOR THE FINANCIAL YEAR | ( |
) | ( |
) |
| Honeycomb Global Limited (Registered number: 08810651) |
| Balance Sheet |
| 30 June 2017 |
| 30.6.17 | 30.6.16 |
| Notes | £ | £ |
| CURRENT ASSETS |
| Debtors | 4 |
| Cash at bank |
| CREDITORS |
| Amounts falling due within one year | 5 |
| NET CURRENT LIABILITIES | ( |
) | ( |
) |
| TOTAL ASSETS LESS CURRENT LIABILITIES |
( |
) |
( |
) |
| CAPITAL AND RESERVES |
| Called up share capital | 6 |
| Retained earnings | 7 | ( |
) | ( |
) |
| SHAREHOLDERS' FUNDS | ( |
) | ( |
) |
| 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 were approved by the Board of Directors on |
| Honeycomb Global Limited (Registered number: 08810651) |
| Statement of Changes in Equity |
| for the Year Ended 30 June 2017 |
| Called up |
| share | Retained | Total |
| capital | earnings | equity |
| £ | £ | £ |
| Balance at 1 July 2015 | ( |
) | ( |
) |
| Changes in equity |
| Total comprehensive income | - | ( |
) | ( |
) |
| Balance at 30 June 2016 | ( |
) | ( |
) |
| Changes in equity |
| Total comprehensive income | - | ( |
) | ( |
) |
| Balance at 30 June 2017 | ( |
) | ( |
) |
| Honeycomb Global Limited (Registered number: 08810651) |
| Notes to the Financial Statements |
| for the Year Ended 30 June 2017 |
| 1. | STATUTORY INFORMATION |
| Honeycomb Global Limited is a |
| registered number and registered office address can be found on the Company Information page. |
| 2. | ACCOUNTING POLICIES |
| Basis of preparing the financial statements |
| Turnover |
| Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value |
| added tax and other sales taxes. |
| 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. |
| Hire purchase and leasing commitments |
| Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease. |
| 3. | TAXATION |
| Analysis of the tax charge |
| No liability to UK corporation tax arose for the year ended 30 June 2017 nor for the year ended 30 June 2016. |
| 4. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| 30.6.17 | 30.6.16 |
| £ | £ |
| Prepayments |
| Honeycomb Global Limited (Registered number: 08810651) |
| Notes to the Financial Statements - continued |
| for the Year Ended 30 June 2017 |
| 5. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| 30.6.17 | 30.6.16 |
| £ | £ |
| Other creditors |
| Directors' current accounts |
| Accrued expenses |
| 6. | CALLED UP SHARE CAPITAL |
| Allotted, issued and fully paid: |
| Number: | Class: | Nominal | 30.6.17 | 30.6.16 |
| value: | £ | £ |
| Ordinary A Shares | 50 |
| Ordinary B Shares | 50 |
| 100 | 100 |
| 7. | RESERVES |
| Retained |
| earnings |
| £ |
| At 1 July 2016 | ( |
) |
| Deficit for the year | ( |
) |
| At 30 June 2017 | ( |
) |
| 8. | RELATED PARTY DISCLOSURES |
| Included within other creditors, are amounts owed to related parties. |
| An amount of £4,733 (2016: £2,733) is owed to Cambridge Innovation Consulting Ltd. |
| An amount of £4,150 (2016: £4,150) is owed to Cambridge Manchester (CAMAN) Consulting Ltd. |
| The director, R G Smith, is owed £7,980 (2016: £6,639) by the company. |
| The director, D Mersch, is owed £590 (2016: £590) by the company. |
| These loans are interest free and repayable upon demand. |