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REGISTERED NUMBER: 01517422 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 SEPTEMBER 2018

FOR

HOUGHTON INSURANCE BUREAU LIMITED

HOUGHTON INSURANCE BUREAU LIMITED (REGISTERED NUMBER: 01517422)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2018










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


HOUGHTON INSURANCE BUREAU LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 30 SEPTEMBER 2018







DIRECTORS: Mr D R Smith
Mrs B M Smith
Mr C A Tidd



SECRETARY: Mrs B M Smith



REGISTERED OFFICE: 78 High Street
Houghton Regis
NR DUNSTABLE
Bedfordshire
LU5 5BJ



REGISTERED NUMBER: 01517422 (England and Wales)



ACCOUNTANTS: Stoten Gillam Limited
Chartered Accountants
Alban House
99 High Street South
Dunstable
Bedfordshire
LU6 3SF



BANKERS: HSBC Bank Plc
210 High Holborn
London
WC1V 7HD

HOUGHTON INSURANCE BUREAU LIMITED (REGISTERED NUMBER: 01517422)

BALANCE SHEET
30 SEPTEMBER 2018

2018 2017
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 3 107,654 66,827

CURRENT ASSETS
Debtors 4 381,030 365,258
Cash at bank and in hand 83,452 98,247
464,482 463,505
CREDITORS
Amounts falling due within one year 5 301,982 276,239
NET CURRENT ASSETS 162,500 187,266
TOTAL ASSETS LESS CURRENT
LIABILITIES

270,154

254,093

PROVISIONS FOR LIABILITIES 203 -
NET ASSETS 269,951 254,093

CAPITAL AND RESERVES
Called up share capital 1,000 1,000
Retained earnings 268,951 253,093
SHAREHOLDERS' FUNDS 269,951 254,093

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 September 2018.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 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.

HOUGHTON INSURANCE BUREAU LIMITED (REGISTERED NUMBER: 01517422)

BALANCE SHEET - continued
30 SEPTEMBER 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 6 November 2018 and were signed on its behalf by:





Mr D R Smith - Director


HOUGHTON INSURANCE BUREAU LIMITED (REGISTERED NUMBER: 01517422)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2018


1. 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.

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

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.

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.

2. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 11 (2017 - 11 ) .

HOUGHTON INSURANCE BUREAU LIMITED (REGISTERED NUMBER: 01517422)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 SEPTEMBER 2018


3. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 October 2017 168,356
Additions 90,439
Disposals (77,279 )
At 30 September 2018 181,516
DEPRECIATION
At 1 October 2017 101,529
Charge for year 17,683
Eliminated on disposal (45,350 )
At 30 September 2018 73,862
NET BOOK VALUE
At 30 September 2018 107,654
At 30 September 2017 66,827

4. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2018 2017
£    £   
Trade debtors 269,169 254,850
Other debtors 111,861 110,408
381,030 365,258

5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2018 2017
£    £   
Trade creditors 298,623 272,616
Other creditors 3,359 3,623
301,982 276,239