The Solution Hub Ltd - Limited company - abbreviated - 11.6

REGISTERED NUMBER: 08064891 (England and Wales)

Abbreviated Unaudited Accounts for the Year Ended 30 June 2015

for

The Solution Hub Ltd

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTOR:

Mr D Beales

SECRETARY:

Mrs C L Beales

REGISTERED OFFICE:

11 Thornhill Terrace

Sunderland

Tyne and Wear

SR2 7JL

REGISTERED NUMBER:

08064891 (England and Wales)

ACCOUNTANTS:

Forbes Young Accountancy Ltd

Rotterdam House

116 Quayside

Newcastle Upon Tyne

Tyne and Wear

NE1 1LE

BANKERS:

Cater Allen Private Bank

9 Nelson Street

Bradford

BD1 5AN

FIXED ASSETS

Tangible assets

2

1,576

1,024

CURRENT ASSETS

Debtors

4,140

16,600

Cash at bank

71,888

54,844

76,028

71,444

CREDITORS

Amounts falling due within one year

22,234

35,319

NET CURRENT ASSETS

53,794

36,125

TOTAL ASSETS LESS CURRENT LIABILITIES

55,370

37,149

CAPITAL AND RESERVES

Called up share capital

3

2

2

Profit and loss account

55,368

37,147

SHAREHOLDERS' FUNDS

55,370

37,149

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2015.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 2015 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her 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 director on 31 July 2015 and were signed by:

Mr D Beales - 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.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery etc

-

25% on reducing balance

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 July 2014

1,688

Additions

1,078

At 30 June 2015

2,766

DEPRECIATION

At 1 July 2014

664

Charge for year

526

At 30 June 2015

1,190

NET BOOK VALUE

At 30 June 2015

1,576

At 30 June 2014

1,024

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

30.6.15

30.6.14

value:

£

£

2

Ordinary

1

2

2