HG & COMPANY CONSULTANTS LIMITED

Company Registration Number:
10761120 (England and Wales)

Unaudited statutory accounts for the year ended 31 March 2018

Period of accounts

Start date: 09 May 2017

End date: 31 March 2018

HG & COMPANY CONSULTANTS LIMITED

Contents of the Financial Statements

for the Period Ended 31 March 2018

Company Information - 3
Report of the Directors - 4
Profit and Loss Account - 5
Balance sheet - 6
Additional notes - 8
Balance sheet notes - 10

HG & COMPANY CONSULTANTS LIMITED

Company Information

for the Period Ended 31 March 2018




Director: Nicholas Burke
Christopher Edward Ives
Registered office: Afe Business Centre
62 Anchorage Road
Sutton Coldfield
West Midlands
England
B74 2PG
Company Registration Number: 10761120 (England and Wales)

HG & COMPANY CONSULTANTS LIMITED

Directors' Report Period Ended 31 March 2018

The directors present their report with the financial statements of the company for the period ended 31 March 2018

Principal Activities

The principal activity of the company is management consultancy

Political and charitable donations

A donation was made to the Conservative Party for a fundraising event of £70 this year. No charitable donations were made during the period.

Directors

The director(s) shown below were appointed to the company during the period
Nicholas Burke
09 May 2017
Christopher Edward Ives
09 May 2017

This report was approved by the board of directors on 1 September 2018
And Signed On Behalf Of The Board By:

Name: Nicholas Burke
Status: Director

HG & COMPANY CONSULTANTS LIMITED

Profit and Loss Account

for the Period Ended 31 March 2018


Notes
11 months to
31 Mar 2018
£
Turnover 53,459
Cost of sales (18,490)
Gross Profit or (Loss) 34,969
Administrative Expenses (42,181)
Operating Profit or (Loss) (7,212)
Profit or (Loss) Before Tax (7,212)
Profit or (Loss) for Period (7,212)

The notes form part of these financial statements

HG & COMPANY CONSULTANTS LIMITED

Balance sheet

As at 31 March 2018


Notes
11 months to
31 Mar 2018
£
Fixed assets
Total fixed assets: -
Current assets
Debtors: 3 10,484
Cash at bank and in hand: 61
Total current assets: 10,545
Creditors: amounts falling due within one year: 4 ( 1,451 )
Net current assets (liabilities): 9,094
Total assets less current liabilities: 9,094
Creditors: amounts falling due after more than one year: 5 ( 16,206 )
Total net assets (liabilities): ( 7,112 )

The notes form part of these financial statements

HG & COMPANY CONSULTANTS LIMITED

Balance sheet continued

As at 31 March 2018


Notes
11 months to
31 Mar 2018
£
Capital and reserves
Called up share capital: 100
Profit and loss account: ( 7,212 )
Shareholders funds: ( 7,112 )

For the year ending 31 March 2018 the company was entitled to exemption 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.

This report was approved by the board of directors on 1 September 2018
And Signed On Behalf Of The Board By:

Name: Nicholas Burke
Status: Director

The notes form part of these financial statements

HG & COMPANY CONSULTANTS LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2018

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

    Turnover policy

    The turnover shown in the profit and loss account represents amounts invoiced during the period.

    Tangible fixed assets depreciation policy

    The Company does not yet have a policy for accounting depreciation as it has not yet acquired any assets

    Intangible fixed assets amortisation policy

    The Company does not yet have a policy for accounting amortisation as it has not yet acquired any assets

    Other accounting policies

    Financial instruments are classified and accounted for, according to the substance of the contractual arrangement, as financial assets, financial liabilities or equity instruments. Where shares are issued, any component that creates a financial liability to the company are shown in the balance sheet. The corresponding dividends relating to the liability component are charged as interest expense in the profit and loss account.

HG & COMPANY CONSULTANTS LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2018

2. Dividends

11 months to
31 Mar 2018
£
Dividends paid 0

There were no dividends paid during the period

HG & COMPANY CONSULTANTS LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2018

3. Debtors

11 months to
31 Mar 2018
£
Trade debtors 10,484
Total 10,484

This figure is the balance of client owing monies for work performed

HG & COMPANY CONSULTANTS LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2018

4.Creditors: amounts falling due within one year note

11 months to
31 Mar 2018
£
Trade creditors 1,451
Total 1,451

This figure comprises monies owed to trade creditors

HG & COMPANY CONSULTANTS LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2018

5.Creditors: amounts falling due after more than one year

11 months to
31 Mar 2018
£
Other creditors 16,206
Total 16,206