Company Registration No. 04008994 (England and Wales)
Hyperion Adjusters Limited
Unaudited accounts
for the year ended 30 April 2017
Hyperion Adjusters Limited
Unaudited accounts
Contents
Hyperion Adjusters Limited
Company Information
for the year ended 30 April 2017
Directors
R Campbell
S Coyne
C Hall
G Laker
Company Number
04008994 (England and Wales)
Registered Office
Unit 11A The Wharf
Bridge Street
Birmingham
B1 2JS
Hyperion Adjusters Limited
Statement of financial position
as at
30 April 2017
Tangible assets
8,755
11,381
Cash at bank and in hand
213,273
158,110
Creditors: amounts falling due within one year
(273,397)
(225,722)
Net current assets
736,110
592,932
Net assets
744,865
604,313
Called up share capital
620
620
Profit and loss account
744,245
603,693
Shareholders' funds
744,865
604,313
For the year ending 30 April 2017 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
Approved by the Board on 26 January 2018.
S Coyne
Director
Company Registration No. 04008994
Hyperion Adjusters Limited
Notes to the Accounts
for the year ended 30 April 2017
Hyperion Adjusters Limited is a private company, limited by shares, registered in England and Wales, registration number 04008994. The registered office is Unit 11A The Wharf, Bridge Street, Birmingham, B1 2JS.
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Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
33.3% straight line
Fixtures & fittings
33.3% straight line
Computer equipment
33.3% straight line
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Tangible fixed assets
Plant & machinery
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At 1 May 2016
5,230
15,097
73,130
93,457
Additions
-
173
3,425
3,598
At 30 April 2017
5,230
15,270
76,555
97,055
At 1 May 2016
5,032
12,291
64,753
82,076
Charge for the year
107
1,367
4,750
6,224
At 30 April 2017
5,139
13,658
69,503
88,300
At 30 April 2017
91
1,612
7,052
8,755
At 30 April 2016
198
2,806
8,377
11,381
Hyperion Adjusters Limited
Notes to the Accounts
for the year ended 30 April 2017
Trade debtors
463,191
449,932
Accrued income and prepayments
323,363
201,268
Other debtors
9,680
9,344
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Creditors: amounts falling due within one year
2017
2016
Trade creditors
22,430
31,005
Taxes and social security
126,694
104,317
Other creditors
16,792
12,738
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Average number of employees
During the year the average number of employees was 11 (2016: 10).