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REGISTERED NUMBER: 06478925 (England and Wales)















HIGHFIELD AWARDING BODY FOR COMPLIANCE
LIMITED

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 JULY 2018






HIGHFIELD AWARDING BODY FOR COMPLIANCE
LIMITED (REGISTERED NUMBER: 06478925)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JULY 2018










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


HIGHFIELD AWARDING BODY FOR COMPLIANCE
LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 JULY 2018







DIRECTORS: J A L Sprenger
C M Sprenger
R A Sprenger





SECRETARY: J A L Sprenger





REGISTERED OFFICE: Highfield House
Heavens Walk
Lakeside
Doncaster
South Yorkshire
DN4 5HZ





REGISTERED NUMBER: 06478925 (England and Wales)






HIGHFIELD AWARDING BODY FOR COMPLIANCE
LIMITED (REGISTERED NUMBER: 06478925)

BALANCE SHEET
31 JULY 2018

2018 2017
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 1,182,735 363,901
Tangible assets 5 314,320 132,878
1,497,055 496,779

CURRENT ASSETS
Stocks 104,578 62,562
Debtors 6 2,648,613 1,895,237
Cash at bank and in hand 2,341,320 2,136,086
5,094,511 4,093,885
CREDITORS
Amounts falling due within one year 7 3,783,042 2,428,940
NET CURRENT ASSETS 1,311,469 1,664,945
TOTAL ASSETS LESS CURRENT
LIABILITIES

2,808,524

2,161,724

CREDITORS
Amounts falling due after more than one
year

8

(713,040

)

(1,150,000

)

PROVISIONS FOR LIABILITIES (41,893 ) (20,241 )
NET ASSETS 2,053,591 991,483

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 2,053,491 991,383
SHAREHOLDERS' FUNDS 2,053,591 991,483

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 July 2018.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 July 2018 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.

HIGHFIELD AWARDING BODY FOR COMPLIANCE
LIMITED (REGISTERED NUMBER: 06478925)

BALANCE SHEET - continued
31 JULY 2018


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 Board of Directors on 18 December 2018 and were signed on its behalf
by:





C M Sprenger - Director


HIGHFIELD AWARDING BODY FOR COMPLIANCE
LIMITED (REGISTERED NUMBER: 06478925)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JULY 2018


1. STATUTORY INFORMATION

Highfield Awarding Body for Compliance 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 is measured at the fair value of the consideration received or receivable, excluding discounts, rebates,
value added tax and other sales taxes.

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.

Computer software is being amortised evenly over its estimated useful life of three 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 - 33% on cost and 25% on reducing balance

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow
moving items.

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.

HIGHFIELD AWARDING BODY FOR COMPLIANCE
LIMITED (REGISTERED NUMBER: 06478925)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 JULY 2018


2. ACCOUNTING POLICIES - continued

Research and development
Expenditure on research and development is written off in the year in which it is incurred.


Foreign currencies
Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the
balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at
the date of transaction. Exchange differences are taken into account in arriving at the operating result.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the
lease.

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 profit or loss in the period to which they relate.

Government grants
Government grants are credited to the profit and loss account in the same period as the expenditure towards
which they are expected to contribute.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 161 (2017 - 150 ) .

4. INTANGIBLE FIXED ASSETS
Other
intangible
assets
£   
COST
At 1 August 2017 395,481
Additions 1,153,238
At 31 July 2018 1,548,719
AMORTISATION
At 1 August 2017 31,580
Charge for year 334,404
At 31 July 2018 365,984
NET BOOK VALUE
At 31 July 2018 1,182,735
At 31 July 2017 363,901

HIGHFIELD AWARDING BODY FOR COMPLIANCE
LIMITED (REGISTERED NUMBER: 06478925)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 JULY 2018


5. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 August 2017 356,101
Additions 292,233
Disposals (32,097 )
At 31 July 2018 616,237
DEPRECIATION
At 1 August 2017 223,223
Charge for year 110,293
Eliminated on disposal (31,599 )
At 31 July 2018 301,917
NET BOOK VALUE
At 31 July 2018 314,320
At 31 July 2017 132,878

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2018 2017
£    £   
Trade debtors 2,068,807 1,493,883
Other debtors 579,806 401,354
2,648,613 1,895,237

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2018 2017
£    £   
Bank loans and overdrafts - 75,499
Trade creditors 243,494 182,399
Taxation and social security 446,033 336,448
Other creditors 3,093,515 1,834,594
3,783,042 2,428,940

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2018 2017
£    £   
Other creditors 713,040 1,150,000

HIGHFIELD AWARDING BODY FOR COMPLIANCE
LIMITED (REGISTERED NUMBER: 06478925)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 JULY 2018


9. SECURED DEBTS

The following secured debts are included within creditors:

2018 2017
£    £   
Bank loans - 75,499

The bank loan is secured by a guarantee and debenture by 1SPR Limited.
CM Sprenger and JAL Sprenger have given personal guarantees in respect of the loan.

10. OTHER FINANCIAL COMMITMENTS

The company had total guarantees and commitments at the balance sheet date of £373,793 (2017 £71,316).