Hardwick Financial Services Limited - Abbreviated accounts 16.1

REGISTERED NUMBER: 09449778 (England and Wales)

Abbreviated Unaudited Accounts for the Year Ended 5 April 2016

for

Hardwick Financial Services Limited

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTORS:

Mrs L S Farrell

C R Farrell

REGISTERED OFFICE:

6 Manor Park

Church Road

Gt Barton

Bury St Edmunds

Suffolk

IP31 2QR

REGISTERED NUMBER:

09449778 (England and Wales)

ACCOUNTANTS:

KPSK Accounts and Tax Limited

6 Manor Park

Church Road

Gt Barton

Bury St Edmunds

Suffolk

IP31 2QR

FIXED ASSETS

Intangible assets

2

43,200

-

Tangible assets

3

405

-

43,605

-

CURRENT ASSETS

Debtors

346

-

Cash in hand

-

100

346

100

CREDITORS

Amounts falling due within one year

27,416

-

NET CURRENT (LIABILITIES)/ASSETS

(27,070

)

100

TOTAL ASSETS LESS CURRENT
LIABILITIES

16,535

100

CAPITAL AND RESERVES

Called up share capital

4

100

Profit and loss account

16,435

-

SHAREHOLDERS' FUNDS

16,535

100

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 5 April 2016.

The members have not required the company to obtain an audit of its financial statements for the year ended 5 April 2016 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 15 July 2016 and were signed on its behalf by:

Mrs L S Farrell - Director

C R Farrell - Director

1.	ACCOUNTING POLICIES

Basis of preparing the financial statements

The directors have considered all available information concerning the business and have concluded that it is

appropriate to prepare the accounts on the going concern basis.

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 January 2015).

Turnover

Turnover represents net invoiced sales of services, excluding value added tax.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2015, 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.

Plant and machinery etc

-

25% on reducing balance

2.	INTANGIBLE FIXED ASSETS

Total

£

COST

Additions

54,000

At 5 April 2016

54,000

AMORTISATION

Amortisation for year

10,800

At 5 April 2016

10,800

NET BOOK VALUE

At 5 April 2016

43,200

3.	TANGIBLE FIXED ASSETS

Total

£

COST

Additions

540

At 5 April 2016

540

DEPRECIATION

Charge for year

135

At 5 April 2016

135

NET BOOK VALUE

At 5 April 2016

405

4.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2016

2015

value:

£

100

Ordinary

£1

100