Hodgson Events Limited - Limited company - abbreviated - 11.9

REGISTERED NUMBER: 07026007 (England and Wales)

ABBREVIATED UNAUDITED ACCOUNTS

FOR THE YEAR ENDED 31 MARCH 2015

FOR

HODGSON EVENTS LIMITED

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTORS:

R J Hodgson

L E C Russell

REGISTERED OFFICE:

Kevis House

Lombard Street

Petworth

West Sussex

GU28 0AG

REGISTERED NUMBER:

07026007 (England and Wales)

ACCOUNTANTS:

Lewis Brownlee (Chichester) Limited

Chartered Accountants

Appledram Barns

Birdham Road

Chichester

West Sussex

PO20 7EQ

FIXED ASSETS

Intangible assets

2

40,164

53,477

Tangible assets

3

4,339

3,298

44,503

56,775

CURRENT ASSETS

Debtors

4

65,548

109,321

Cash at bank and in hand

8,766

65,445

74,314

174,766

CREDITORS

Amounts falling due within one year

55,876

116,802

NET CURRENT ASSETS

18,438

57,964

TOTAL ASSETS LESS CURRENT LIABILITIES

62,941

114,739

PROVISIONS FOR LIABILITIES

537

484

NET ASSETS

62,404

114,255

CAPITAL AND RESERVES

Called up share capital

5

2

2

Profit and loss account

62,402

114,253

SHAREHOLDERS' FUNDS

62,404

114,255

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2015.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2015 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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 Board of Directors on 18 December 2015 and were signed on its behalf by:

L E C Russell - 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 goods and services, excluding value added tax.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2009, is being amortised evenly over its estimated useful life of ten years.

There was an addition to goodwill in the 2013, being the acquisition of a further business. This goodwill is being

amortised evenly over its estimated useful life of five years.

Tangible fixed assets

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

Fixtures and fittings

-

20% on cost

Deferred tax

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

sheet date.

2.	INTANGIBLE FIXED ASSETS

Total

£

COST

At 1 April 2014

and 31 March 2015

71,128

AMORTISATION

At 1 April 2014

17,651

Amortisation for year

13,313

At 31 March 2015

30,964

NET BOOK VALUE

At 31 March 2015

40,164

At 31 March 2014

53,477

3.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 April 2014

4,754

Additions

2,490

At 31 March 2015

7,244

DEPRECIATION

At 1 April 2014

1,456

Charge for year

1,449

At 31 March 2015

2,905

NET BOOK VALUE

At 31 March 2015

4,339

At 31 March 2014

3,298

4.

DEBTORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

The aggregate total of debtors falling due after more than one year is £ 0 (2014 - £ 2,532 )

5.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2015

2014

value:

£

£

2

Ordinary shares

£1

2

2

6.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 31 March 2015 and

31 March 2014:

2015

2014

£

£

R J Hodgson and L E C Russell

Balance outstanding at start of year

45,806

16,361

Amounts advanced

41,791

121,023

Amounts repaid

(53,526

)

(91,578

)

Balance outstanding at end of year

34,071

45,806

There was no interest charged on the above mentioned loan during the current or prior year. This loan was repaid

after the balance sheet date.