Howell Brooks Property Services Ltd - Limited company - abbreviated

REGISTERED NUMBER: 07208564

Abbreviated Unaudited Accounts for the Year Ended 31 March 2014

for

Howell Brooks Property Services Ltd

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

DIRECTORS:

Mrs T. Bull

Ms J A Byrne

Mr A. J. Miles

REGISTERED OFFICE:

Third Floor

120 Moorgate

London

EC2M 6UR

REGISTERED NUMBER:

07208564

ACCOUNTANTS:

Maurice J. Bushell & Co

Third Floor

120 Moorgate

London

EC2M 6UR

FIXED ASSETS

Intangible assets

2

20,000

40,000

CURRENT ASSETS

Debtors

982

Cash at bank

651

51

1,633

1,033

CREDITORS

Amounts falling due within one year

18,127

17,605

NET CURRENT LIABILITIES

(16,494

)

(16,572

)

TOTAL ASSETS LESS CURRENT
LIABILITIES

3,506

23,428

CAPITAL AND RESERVES

Called up share capital

3

100

Profit and loss account

3,406

23,328

SHAREHOLDERS' FUNDS

3,506

23,428

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2014.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2014 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 abbreviated accounts have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.

The financial statements were approved by the Board of Directors on 23 December 2014 and were signed on
its behalf by:

Ms J A Byrne - Director

1.	ACCOUNTING POLICIES

Accounting convention

The financial statements have been prepared under the historical cost convention and in accordance

with the Financial Reporting Standard for Smaller Entities (effective April 2008).

Turnover

Turnover represents net invoiced sales of services, excluding value added tax.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2010, is being amortised evenly over its estimated useful life of five years.

Going concern

After making enquiries the directors have a reasonable expectation that the company has adequate

resources to continue in operational existence for the foreseeable future. For this reason, they continue

to adopt the going concern basis in preparing the accounts.

The directors consider that no additional disclosures in respect of going concern are necessary for the

accounts to give a true and fair view.

Financial instruments

Financial instruments are classified and accounted for, according to the substance of the contractual

arrangement, as either financial assets, financial liabilities or equity instruments. An equity instrument

is any contract that evidences a residual interest in the assets of the company after deducting all of its

liabilities.

2.	INTANGIBLE FIXED ASSETS

Total

£

COST

At 1 April 2013

and 31 March 2014

100,000

AMORTISATION

At 1 April 2013

60,000

Amortisation for year

20,000

At 31 March 2014

80,000

NET BOOK VALUE

At 31 March 2014

20,000

At 31 March 2013

40,000

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2014

2013

value:

£

100

Ordinary

£1

100

4.	RELATED PARTY DISCLOSURES

The company was under the control of Mrs T. Bull, Ms J. A. Byrne and Mr A. J. Miles during the

current period.

At the balance sheet date the shareholdings of the directors were as follows:

Mr W.E Beadles Nil (2013 :27%) of the shares of the company.

Mrs T. Bull 33% (2013 :22%) of the shares of the company.

Ms J. A. Byrne33% (2013 :24%) of the shares of the company.

Mr A. J. Miles 34% (2013 :27%) of the shares of the company.

At the balance sheet date the following amounts were owed by the company to the directors:

Mr W. E. Beadles £ 0 (2013 : £1,841)

Mrs T. Bull £ 420 (debit) (2013 : £420)

Ms J. A Byrne £562 (debit) (2013 : £562)

Mr A. J Miles £1,841 (2013 : £1,841)

No amount has been written off these balances and the full amounts are expected to be repayable.

The directors are also partners of Howell Brooks & Partners LLP which is therefore recognised as a
related party. During the accounting period management charges were made by the partnership of £0 (2013 : £0) payable by this company.

At the balance sheet date Howell Brooks Property Services Ltd owed £0 (2013 : £100) to the Howell
Brooks Property Consultants Limited.

The Directors own 100% of the share capital of Howell Brooks Property Consultants Limited, which
is therefore recognised as a related party.

No other transactions with related parties were undertaken such as are required to be disclosed under

Financial Reporting Standard for Smaller Entities 2008.

Howell Brooks Property Services Ltd - Limited company - abbreviated - 11.0.0

Howell Brooks Property Services Ltd - Limited company - abbreviated - 11.0.0