HBD Operations Ltd - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 08401125 (England and Wales)

Unaudited Financial Statements

for the Year Ended 28 February 2019

for

HBD Operations Ltd

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTOR:

L E Jones

REGISTERED OFFICE:

31 Irnham Road

Sutton Coldfield

West Midlands

B74 2TN

REGISTERED NUMBER:

08401125 (England and Wales)

ACCOUNTANTS:

Locke Williams Associates LLP

Chartered Accountants

Blackthorn House

St Pauls Square

Birmingham

West Midlands

B3 1RL

CURRENT ASSETS

Debtors

3

251

251

Cash at bank

13,322

11,740

13,573

11,991

CREDITORS

Amounts falling due within one year

4

9,955

8,008

NET CURRENT ASSETS

3,618

3,983

TOTAL ASSETS LESS CURRENT LIABILITIES

3,618

3,983

CAPITAL AND RESERVES

Called up share capital

5

50

100

Capital redemption reserve

50

-

Retained earnings

3,518

3,883

SHAREHOLDERS' FUNDS

3,618

3,983

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 28 February 2019.

The members have not required the company to obtain an audit of its financial statements for the year ended 28 February 2019 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 Income Statement has not been delivered.

The financial statements were approved by the director on 19 November 2019 and were signed by:

L E Jones - Director

1.	STATUTORY INFORMATION

HBD Operations Ltd 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.

The presentation currency of the financial statements is the Pound Sterling (£).

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" 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.

Turnover from subscriptions receivable is recognised in accordance with the period of subscription.

The subscription runs for a twelve month period and any subscriptions received in advance are treated

as deferred income and recognised as a liability in the balance sheet.

Debtors and creditors receivable / payable within one year

Debtors and creditors with no stated interest rate and receivable or payable within one year are

recorded at transaction price. Any losses arising from impairment are recognised in the profit and loss

account in other administrative expenses.

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.

3.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

28.2.19

28.2.18

£

£

Prepayments and accrued income

251

251

4.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

28.2.19

28.2.18

£

£

Tax

406

541

Accruals and deferred income

9,549

7,467

9,955

8,008

5.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

28.2.19

28.2.18

value:

£

£

50

A Ordinary

£1

50

100

On 1 March 2018 the company purchased 50 of it's 100 issued Ordinary £1 shares, for a total

consideration of £1,991. These shares were then immediately cancelled.