Humberside Co-operative Development - Accounts to registrar (filleted) - small 17.3

REGISTERED NUMBER: 01888308 (England and Wales)

Unaudited Financial Statements

for the Year Ended 31st March 2017

for

Humberside Co-operative Development

Agency Limited

Page

Company Information

1

Abridged Balance Sheet

2

Notes to the Financial Statements

4

Chartered Accountants' Report

6

DIRECTORS:

J F Clarke

Mrs A E Ross

Mrs S Mellor

SECRETARY:

J F Clarke

REGISTERED OFFICE:

23 Arthur Street

Hull

East Yorkshire

HU3 6BH

REGISTERED NUMBER:

01888308 (England and Wales)

ACCOUNTANTS:

cbaSadofskys

Chartered Accountants

Princes House

Wright Street

Hull

East Yorkshire

HU2 8HX

FIXED ASSETS

Tangible assets

4

-

-

Investments

5

1,000

1,000

1,000

1,000

CURRENT ASSETS

Debtors

95

95

Cash at bank and in hand

474

504

569

599

CREDITORS

Amounts falling due within one year

(17,642

)

(6,511

)

NET CURRENT LIABILITIES

(17,073

)

(5,912

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(16,073

)

(4,912

)

RESERVES

Income and expenditure account

(16,073

)

(4,912

)

(16,073

)

(4,912

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31st March 2017.

The members have not required the company to obtain an audit of its financial statements for the year ended 31st March 2017 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 surplus or deficit 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.

All the members have consented to the preparation of an abridged Income Statement and an abridged Balance Sheet for the year ended 31st March 2017 in accordance with Section 444(2A) of the Companies Act 2006.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors on 22nd December 2017 and were signed on its behalf by:

J F Clarke - Director

1.	STATUTORY INFORMATION

Humberside Co-operative Development Agency Limited is a private company, limited by guarantee , registered

in England and Wales. The company's registered number and registered office address can be found on the

Company Information page.

The presentation currency of the financial statements is the Pound Sterling (£).

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 provision of goods and services, including value added tax

Depreciation

Depreciation of fixed assets is calculated to write off their cost or valuation less any residual value over their

estimated useful lives as follows:

Fixtures and fittings

25% on cost

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 2 (2016 - 2 ) .

4.	TANGIBLE FIXED ASSETS

Totals

£

COST

At 1st April 2016

and 31st March 2017

37,320

DEPRECIATION

At 1st April 2016

and 31st March 2017

37,320

NET BOOK VALUE

At 31st March 2017

-

At 31st March 2016

-

5.	FIXED ASSET INVESTMENTS

Information on investments other than loans is as follows:

Totals

£

COST

At 1st April 2016

and 31st March 2017

1,000

NET BOOK VALUE

At 31st March 2017

1,000

At 31st March 2016

1,000

The following reproduces the text of the report prepared for the directors in respect of the company's annual

unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file

a Balance Sheet. Readers are cautioned that the Abridged Income Statement and certain other primary

statements and the Report of the Directors are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the

financial statements of Humberside Co-operative Development Agency Limited for the year ended 31st March 2017

which comprise the Abridged Income Statement, Abridged Balance Sheet, and the related notes from the company's

accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the Board of Directors of Humberside Co-operative Development Agency Limited, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Humberside Co-operative Development Agency Limited and state those matters that we have agreed to state to the Board of Directors of Humberside Co-operative Development Agency Limited, as a body, in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Humberside Co-operative Development Agency Limited and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that Humberside Co-operative Development Agency Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and loss of Humberside Co-operative Development Agency Limited. You consider that Humberside Co-operative Development Agency Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Humberside Co-operative Development Agency Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.

cbaSadofskys

Chartered Accountants

Princes House

Wright Street

Hull

East Yorkshire

HU2 8HX

27th December 2017