Headland Technical Services Limited Accounts

HEADLAND TECHNICAL SERVICES LIMITED - Company Information






Headland Technical Services Limited
	Company No. 07008815
		Information for Filing with The Registrar
		30 September 2018

The Director presents his report and the accounts for the year ended 30 September 2018.

Principal activities
The principal activity of the company during the year under review was .




Director

The Director who served at any time during the year was as follows:

J. Skulczuk



































































The above report has been prepared in accordance with the provisions applicable to companies subject to the small companies regime as set out in Part 15 of the Companies Act 2006.

Signed on behalf of the board

J. Skulczuk
Director
11 January 2019

at	30 September 2018
Company No.		07008815	Notes	2018	2017
				£	£
Fixed assets

	Tangible assets		2	5,005	4,679

	Investments		3	60,714	49,285
				65,719	53,964
Current assets

	Debtors			11,300	12,375

	Cash at bank and in hand			140,054	108,378
				151,354	120,753
Creditors: Amount falling due within one year				(34,401)	(34,465)
Net current assets				116,953	86,288
Total assets less current liabilities				182,672	140,252




Net assets				182,672	140,252

Capital and reserves
	Called up share capital			100	100



	Profit and loss account		4	182,572	140,152

Total equity				182,672	140,252


These accounts have been prepared in accordance with the special provisions applicable to companies subject to the small companies regime of the Companies Act 2006.
For the year ended 30 September 2018 the company was entitled to exemption 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 directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
All the members have consented to the preparation of abridged financial statements for the year ended 30 September 2018 in accordance with the Companies Act 2006.
As permitted by section 444 (5A)of the Companies Act 2006 the directors have not delivered to the Registrar a copy of the company's profit and loss account.

Approved by the board on 11 January 2019
And signed on its behalf by:
J. Skulczuk
Director

for the year ended 30 September 2018

Accounting policies

Basis of preparation

The accounts have been prepared in accordance with FRS 102 - The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard) and the Companies Act 2006 . There were no material departures from that standard.

The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets and in accordance with the accounting policies set out below.

Turnover

Turnover is measured at the fair value of the consideration received or receivable. Turnover is reduced for estimated customer returns, rebates and other similar allowances.
Revenue from the sale of goods is recognised when all the following conditions are satisfied:
• the Company has transferred to the buyer the significant risks and rewards of ownership of the
goods;
• the Company retains neither continuing managerial involvement to the degree usually associated
with ownership nor effective control over the goods sold;
• the amount of revenue can be measured reliably;
• it is probable that the economic benefits associated with the transaction will flow to the Company;
and
• the costs incurred or to be incurred in respect of the transaction can be measured reliably.

Specifically, revenue from the sale of goods is recognised when goods are delivered and legal title is passed.

Investments

Unlisted investments are recognised initially at fair value less attributable transaction costs. Subsequent to initial recognition, any changes in fair value are recognised in profit and loss.

Trade and other debtors

Trade and other debtors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest method, less impairment losses for bad and doubtful debts.

Trade and other creditors

Short term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

2	Tangible fixed assets
			Total
			£
		Cost or revaluation
		At 1 October 2017	11,724
		Additions	1,425



		At 30 September 2018	13,149
		Depreciation
		At 1 October 2017	7,045
		Charge for the year	1,099



		At 30 September 2018	8,144
		Net book values
		At 30 September 2018	5,005
		At 30 September 2017	4,679

3	Investments
			Total
			£
		Cost or valuation
		At 1 October 2017	49,285
		Additions	11,429


		At 30 September 2018	60,714






		Net book values
		At 30 September 2018	60,714
		At 30 September 2017	49,285

Reserves

Profit and loss account - includes all current and prior period retained profits and losses.

5	Dividends
			2018	2017
			£	£
		Dividends for the period:
		Dividends paid in the period	8,000	10,000

			8,000	10,000

		Dividends by type:

		Equity dividends	8,000	10,000
			8,000	10,000

Related party disclosures

Controlling party

Immediate controlling party

No single party controls the company.

Additional information

Its registered number is:

07008815

Its registered office is:

123 Cross Lane East

Gravesend

Kent

DA12 5HA