The Solution Hub Ltd - Abbreviated accounts 16.1

REGISTERED NUMBER: 08064891 (England and Wales)

Abbreviated Unaudited Accounts for the Year Ended 30 June 2016

for

The Solution Hub Ltd

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTORS:

Mr D Beales

Mrs C L 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 3DY

BANKERS:

Cater Allen Private Bank

9 Nelson Street

Bradford

BD1 5AN

FIXED ASSETS

Tangible assets

2

1,182

1,576

CURRENT ASSETS

Debtors

2,908

4,140

Cash at bank

56,938

71,888

59,846

76,028

CREDITORS

Amounts falling due within one year

23,758

22,234

NET CURRENT ASSETS

36,088

53,794

TOTAL ASSETS LESS CURRENT
LIABILITIES

37,270

55,370

CAPITAL AND RESERVES

Called up share capital

3

2

Profit and loss account

37,268

55,368

SHAREHOLDERS' FUNDS

37,270

55,370

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2016.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 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 19 September 2016 and were signed on its behalf
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 January 2015).

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.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension

scheme are charged to the profit and loss account in the period to which they relate.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 July 2015

and 30 June 2016

2,766

DEPRECIATION

At 1 July 2015

1,190

Charge for year

394

At 30 June 2016

1,584

NET BOOK VALUE

At 30 June 2016

1,182

At 30 June 2015

1,576

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

30.6.16

30.6.15

value:

£

2

Ordinary

1

2