Company Registration No. 07855788 (England and Wales)
HMG Response Ltd.
Unaudited accounts
for the year ended 30 November 2017
HMG Response Ltd.
Unaudited accounts
Contents
HMG Response Ltd.
Company Information
for the year ended 30 November 2017
Company Number
07855788 (England and Wales)
Registered Office
9 Oakworth Close
Congleton
Cheshire
CW12 4UU
England
Accountants
Batesons Management Services Ltd
2 Statham Court
Statham Street
Macclesfield
Cheshire
SK11 6XN
HMG Response Ltd.
Statement of financial position
as at 30 November 2017
Tangible assets
1,594
1,639
Creditors: amounts falling due within one year
(15,690)
(16,442)
Net current assets
37,863
22,474
Total assets less current liabilities
39,457
24,113
Provisions for liabilities
Called up share capital
125
125
Profit and loss account
39,029
23,660
Shareholders' funds
39,154
23,785
For the year ending 30 November 2017 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 and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
Approved by the Board on 26 June 2018.
Helen McGregor
Director
Company Registration No. 07855788
HMG Response Ltd.
Notes to the Accounts
for the year ended 30 November 2017
HMG Response Ltd. is a private company, limited by shares, registered in England and Wales, registration number 07855788. The registered office is 9 Oakworth Close, Congleton, Cheshire, CW12 4UU, England.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
These financial statements for the year ended 30 November 2017 are the first financial statements that comply with FRS 102 Section 1A Small Entities. The date of transition is 1 December 2015.
The transition to FRS 102 Section 1A Small Entities has resulted in a small number of changes in accounting policies to those used previously.
The nature of these changes and their impact on opening equity and profit for the comparative period are explained in the notes below.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
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.
HMG Response Ltd.
Notes to the Accounts
for the year ended 30 November 2017
4
Tangible fixed assets
Plant & machinery
Accrued income and prepayments
20
20
Other debtors
48,413
35,554
6
Creditors: amounts falling due within one year
2017
2016
Bank loans and overdrafts
1,634
364
Taxes and social security
13,231
15,228
7
Deferred taxation
2017
2016
Accelerated capital allowances
303
328
Provision at start of year
328
436
Credited to the profit and loss account
(25)
(108)
Provision at end of year
303
328
HMG Response Ltd.
Notes to the Accounts
for the year ended 30 November 2017
Allotted, called up and fully paid:
125 Ordinary shares of £1 each
125
125
Brought
Forward
Advance/
credit
Repaid
Carried
Forward
Directors Loan Account
35,554
77,642
64,783
48,413
35,554
77,642
64,783
48,413
10
Average number of employees
During the year the average number of employees was 1 (2016: 1).
