House of Pensions Limited - Accounts to registrar (filleted) - small 18.2

House of Pensions Limited - Accounts to registrar (filleted) - small 18.2

HOUSE OF PENSIONS LIMITED - Company Information

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REGISTERED NUMBER: 09355373 (England and Wales)















HOUSE OF PENSIONS LIMITED

Unaudited Financial Statements

for the Year Ended 31 December 2017






HOUSE OF PENSIONS LIMITED (REGISTERED NUMBER: 09355373)

Contents of the Financial Statements
for the year ended 31 December 2017










Page

Company Information 1

Chartered Certified Accountants' Report 2

Statement of Financial Position 3 to 4

Notes to the Financial Statements 5 to 7


HOUSE OF PENSIONS LIMITED

Company Information
for the year ended 31 December 2017







DIRECTOR: L Davies





REGISTERED OFFICE: Britannia Court
5 Moor Street
WORCESTER
Worcestershire
WR1 3DB





REGISTERED NUMBER: 09355373 (England and Wales)





ACCOUNTANTS: Haines Watts Worcester Limited
Chartered Certified Accountants
Britannia Court
5 Moor Street
WORCESTER
WR1 3DB
Page 1
Chartered Certified Accountants' Report to the Director
on the Unaudited Financial Statements of
House of Pensions Limited


The following reproduces the text of the report prepared for the director in respect of the company's
annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only
required to file a Statement of Financial Position. Readers are cautioned that the Income Statement and
certain other primary statements and the Report of the Director are not required to be filed with the
Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval
the financial statements of House of Pensions Limited for the year ended 31 December 2017 which comprise
the Statement of Income and Retained Earnings, Statement of Financial Position and the related notes from the
company's accounting records and from information and explanations you have given us.

As a practising member firm of the Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at http://www.accaglobal.com/rulebook.

This report is made solely to the director of House of Pensions Limited in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of House of Pensions Limited and state those matters that we have agreed to state to the director of House of Pensions Limited in this report in accordance with the requirements of the Association of Chartered Certified Accountants as detailed at http://www.accaglobal.com/factsheet163. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the company and its director for our work or for this report.

It is your duty to ensure that House of Pensions Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of House of Pensions Limited. You consider that House of Pensions Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of House of Pensions Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.






Haines Watts Worcester Limited
Chartered Certified Accountants
Britannia Court
5 Moor Street
WORCESTER
WR1 3DB


22 September 2018

This page does not form part of the statutory financial statements

Page 2
HOUSE OF PENSIONS LIMITED (REGISTERED NUMBER: 09355373)

Statement of Financial Position
31 December 2017

2017 2016
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 782 1,173

CURRENT ASSETS
Debtors 5 28,679 18,102
Cash at bank 1,274 2,120
29,953 20,222
CREDITORS
Amounts falling due within one year 6 29,753 20,316
NET CURRENT ASSETS/(LIABILITIES) 200 (94 )
TOTAL ASSETS LESS CURRENT
LIABILITIES
982
1,079

PROVISIONS FOR LIABILITIES 149 443
NET ASSETS 833 636

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 733 536
SHAREHOLDERS' FUNDS 833 636

The notes form part of these financial statements

Page 3 continued...
HOUSE OF PENSIONS LIMITED (REGISTERED NUMBER: 09355373)

Statement of Financial Position - continued
31 December 2017


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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the director on 22 September 2018 and were signed by:





L Davies - Director


The notes form part of these financial statements

Page 4
HOUSE OF PENSIONS LIMITED (REGISTERED NUMBER: 09355373)

Notes to the Financial Statements
for the year ended 31 December 2017


1. STATUTORY INFORMATION

House of Pensions Limited 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.

2. 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 historical 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 cost

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 statement of financial position date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at
the statement of financial position 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.

Page 5 continued...
HOUSE OF PENSIONS LIMITED (REGISTERED NUMBER: 09355373)

Notes to the Financial Statements - continued
for the year ended 31 December 2017


2. ACCOUNTING POLICIES - continued

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's
pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2016 - 1 ) .

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 January 2017
and 31 December 2017 1,591
DEPRECIATION
At 1 January 2017 418
Charge for year 391
At 31 December 2017 809
NET BOOK VALUE
At 31 December 2017 782
At 31 December 2016 1,173

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2017 2016
£    £   
Trade debtors 943 2,631
Other debtors 639 -
Directors' current accounts 27,097 15,471
28,679 18,102

Page 6 continued...
HOUSE OF PENSIONS LIMITED (REGISTERED NUMBER: 09355373)

Notes to the Financial Statements - continued
for the year ended 31 December 2017


6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2017 2016
£    £   
Trade creditors 1,408 1,075
Tax 6,647 5,202
Social security and other taxes - 2,725
Net wages 2,632 1,567
VAT 17,812 7,045
Other creditors 354 1,802
Accrued expenses 900 900
29,753 20,316

7. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 December 2017
and 31 December 2016:

2017 2016
£    £   
L Davies
Balance outstanding at start of year 15,471 (37 )
Amounts advanced 27,097 15,508
Amounts repaid (15,471 ) -
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 27,097 15,471

Page 7