Harpur Network Cabling Limited - Accounts to registrar - small 17.2

REGISTERED NUMBER: 05951559 (England and Wales)

Unaudited Financial Statements

for the Year Ended 28 March 2017

for

HARPUR NETWORK CABLING LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

S P Harpur

SECRETARY:

Ms T Smith

REGISTERED OFFICE:

25 Hazelton Road

Marlbrook

Bromsgrove

Worcestershire

B61 0JG

REGISTERED NUMBER:

05951559 (England and Wales)

ACCOUNTANTS:

Stanley Yule Chartered Accountants

Waterside House

Waterside Business Park

1649 Pershore Road

Birmingham

West Midlands

B30 3DR

FIXED ASSETS

Intangible assets

4

-

-

Tangible assets

5

3,827

5,102

3,827

5,102

CURRENT ASSETS

Debtors

6

11,346

29,837

Cash at bank and in hand

763

13,511

12,109

43,348

CREDITORS

Amounts falling due within one year

7

15,062

39,699

NET CURRENT (LIABILITIES)/ASSETS

(2,953

)

3,649

TOTAL ASSETS LESS CURRENT LIABILITIES

874

8,751

CAPITAL AND RESERVES

Called up share capital

1

1

Retained earnings

873

8,750

SHAREHOLDERS' FUNDS

874

8,751

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 28 March 2017.

The members have not required the company to obtain an audit of its financial statements for the year ended 28 March 2017 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 16 September 2017 and were signed by:

S P Harpur - Director

1.	STATUTORY INFORMATION

Harpur Network Cabling Limited 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.

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with the provisions of Section 1A "Small Entities" of Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover

Turnover represents net invoiced sales of goods and services, excluding value added tax arising from the data

cabling installation services. Income is recognised on despatch of goods or on delivery of a service.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2007, is being amortised evenly over its estimated useful life of five years.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost

less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets

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

Motor vehicles

-

25% on reducing balance

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.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 29 March 2016

and 28 March 2017

15,000

AMORTISATION

At 29 March 2016

and 28 March 2017

15,000

NET BOOK VALUE

At 28 March 2017

-

At 28 March 2016

-

5.	TANGIBLE FIXED ASSETS

Motor

vehicles

£

COST

At 29 March 2016

and 28 March 2017

12,094

DEPRECIATION

At 29 March 2016

6,992

Charge for year

1,275

At 28 March 2017

8,267

NET BOOK VALUE

At 28 March 2017

3,827

At 28 March 2016

5,102

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2017

2016

£

£

Trade debtors

11,346

26,425

Other debtors

-

3,412

11,346

29,837

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2017

2016

£

£

Hire purchase contracts

252

3,270

Taxation and social security

13,029

33,699

Other creditors

1,781

2,730

15,062

39,699

8.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

At the end of the year the company owed the director £269.