Caseware UK (AP4) 2022.0.179 2022.0.179 2023-01-312023-05-252023-05-312023-05-252023-05-252023-01-312021-12-10falseInformation technology services2falsetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. 13795034 2021-12-09 13795034 2021-12-10 2023-01-31 13795034 2020-12-10 2021-12-09 13795034 2023-01-31 13795034 c:Director1 2021-12-10 2023-01-31 13795034 c:Director1 2023-01-31 13795034 c:Director2 2021-12-10 2023-01-31 13795034 c:Director2 2023-01-31 13795034 c:Director3 2021-12-10 2023-01-31 13795034 c:Director3 2023-01-31 13795034 c:Director4 2021-12-10 2023-01-31 13795034 c:Director4 2023-01-31 13795034 c:Director5 2021-12-10 2023-01-31 13795034 c:Director5 2023-01-31 13795034 c:Director6 2021-12-10 2023-01-31 13795034 c:Director6 2023-01-31 13795034 c:RegisteredOffice 2021-12-10 2023-01-31 13795034 d:OfficeEquipment 2021-12-10 2023-01-31 13795034 d:OfficeEquipment 2023-01-31 13795034 d:OfficeEquipment d:OwnedOrFreeholdAssets 2021-12-10 2023-01-31 13795034 d:ComputerEquipment 2021-12-10 2023-01-31 13795034 d:ComputerEquipment 2023-01-31 13795034 d:ComputerEquipment d:OwnedOrFreeholdAssets 2021-12-10 2023-01-31 13795034 d:OwnedOrFreeholdAssets 2021-12-10 2023-01-31 13795034 d:CurrentFinancialInstruments 2023-01-31 13795034 d:CurrentFinancialInstruments d:WithinOneYear 2023-01-31 13795034 d:ShareCapital 2021-12-10 2023-01-31 13795034 d:ShareCapital 2023-01-31 13795034 d:RetainedEarningsAccumulatedLosses 2021-12-10 2023-01-31 13795034 d:RetainedEarningsAccumulatedLosses 2023-01-31 13795034 c:OrdinaryShareClass1 2021-12-10 2023-01-31 13795034 c:OrdinaryShareClass1 2023-01-31 13795034 c:FRS102 2021-12-10 2023-01-31 13795034 c:AuditExemptWithAccountantsReport 2021-12-10 2023-01-31 13795034 c:FullAccounts 2021-12-10 2023-01-31 13795034 c:PrivateLimitedCompanyLtd 2021-12-10 2023-01-31 13795034 2 2021-12-10 2023-01-31 xbrli:shares iso4217:GBP xbrli:pure

Registered number: 13795034










HILLHOUSE HIGGINS & MORGAN LTD








UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE PERIOD ENDED 31 JANUARY 2023

 
HILLHOUSE HIGGINS & MORGAN LTD
 
 
COMPANY INFORMATION


Directors
A J Barry (appointed 25 May 2023)
K E Caten (appointed 31 May 2023)
J J Higgins (appointed 10 December 2021)
M J Morgan (appointed 18 March 2022)
F Robertson-Howard (appointed 25 May 2023)
T P Veitch (appointed 25 May 2023)




Registered number
13795034



Registered office
86-90 Paul Street

London

EC2A 4NE




Accountants
MA Partners LLP

7 The Close

Norwich

Norfolk

NR1 4DJ





 
HILLHOUSE HIGGINS & MORGAN LTD
 

CONTENTS



Page
Accountants' report
 
 
1
Balance sheet
 
 
2 - 3
Statement of changes in equity
 
 
4
Notes to the financial statements
 
 
5 - 9


 
HILLHOUSE HIGGINS & MORGAN LTD
 
 
  
CHARTERED ACCOUNTANTS' REPORT TO THE BOARD OF DIRECTORS ON THE PREPARATION OF THE UNAUDITED STATUTORY FINANCIAL STATEMENTS OF HILLHOUSE HIGGINS & MORGAN LTD
FOR THE PERIOD ENDED 31 JANUARY 2023

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Hillhouse Higgins & Morgan Ltd for the period ended 31 January 2023 which comprise  the Balance sheet, the Statement of changes in equity 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 at https://www.icaew.com /regulation.

This report is made solely to the Board of directors of Hillhouse Higgins & Morgan Ltd, as a body, in accordance with the terms of our engagement letter dated 16 June 2022Our work has been undertaken solely to prepare for your approval the financial statements of Hillhouse Higgins & Morgan Ltd  and state those matters that we have agreed to state to the Board of directors of Hillhouse Higgins & Morgan Ltd, as a body, in this report in accordance with ICAEW Technical Release TECH07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Hillhouse Higgins & Morgan Ltd and its Board of directors, as a body, for our work or for this report. 

It is your duty to ensure that Hillhouse Higgins & Morgan Ltd 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 profit of Hillhouse Higgins & Morgan Ltd. You consider that Hillhouse Higgins & Morgan Ltd is exempt from the statutory audit requirement for the period.

We have not been instructed to carry out an audit or review of the financial statements of Hillhouse Higgins & Morgan Ltd. 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.

  



MA Partners LLP
 
7 The Close
Norwich
Norfolk
NR1 4DJ
8 September 2023
Page 1

 
HILLHOUSE HIGGINS & MORGAN LTD
REGISTERED NUMBER: 13795034

BALANCE SHEET
AS AT 31 JANUARY 2023

2023
Note
£

Fixed assets
  

Tangible assets
 4 
1,558

Current assets
  

Debtors: amounts falling due within one year
 5 
77,328

Cash at bank and in hand
  
18,780

  
96,108

Creditors: amounts falling due within one year
 6 
(57,069)

Net current assets
  
 
 
39,039

Total assets less current liabilities
  
40,597

Provisions for liabilities
  

Deferred tax
  
(296)

  
 
 
(296)

Net assets
  
40,301


Capital and reserves
  

Called up share capital 
  
2

Profit and loss account
  
40,299

  
40,301


Page 2

 
HILLHOUSE HIGGINS & MORGAN LTD
REGISTERED NUMBER: 13795034
    
BALANCE SHEET (CONTINUED)
AS AT 31 JANUARY 2023

The directors consider that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the period in question in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The Company's financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The Company has opted not to file the profit and loss account in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf on 8 September 2023.




J J Higgins
Director

The notes on pages 5 to 9 form part of these financial statements.

Page 3

 
HILLHOUSE HIGGINS & MORGAN LTD
 

STATEMENT OF CHANGES IN EQUITY
FOR THE PERIOD ENDED 31 JANUARY 2023


Called up share capital
Profit and loss account
Total equity

£
£
£


Comprehensive income for the period

Profit for the period
-
40,299
40,299


Contributions by and distributions to owners

Shares issued during the period
2
-
2


At 31 January 2023
2
40,299
40,301

The notes on pages 5 to 9 form part of these financial statements.

Page 4

 
HILLHOUSE HIGGINS & MORGAN LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 JANUARY 2023

1.


General information

The Compnay is a private company limited by shares. It is both incorporated and domiciled in England and Wales. It's registered office is 86-90 Paul Street, London.
The company's principle acitivity during the year is that of IT services. The principle place of buisness is London.

The Company incorporated 10 December 2021 and commenced trade on that date.

2.Accounting policies

 
2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006.

The following principal accounting policies have been applied:

 
2.2

Foreign currency translation

Functional and presentation currency

The Company's functional and presentational currency is GBP.

Transactions and balances

Foreign currency transactions are translated into the functional currency using the spot exchange rates at the dates of the transactions.

At each period end foreign currency monetary items are translated using the closing rate. Non-monetary items measured at historical cost are translated using the exchange rate at the date of the transaction and non-monetary items measured at fair value are measured using the exchange rate when fair value was determined.

Foreign exchange gains and losses resulting from the settlement of transactions and from the translation at period-end exchange rates of monetary assets and liabilities denominated in foreign currencies are recognised in profit or loss except when deferred in other comprehensive income as qualifying cash flow hedges.

Foreign exchange gains and losses that relate to borrowings and cash and cash equivalents are presented in the Profit and loss account within 'finance income or costs'. All other foreign exchange gains and losses are presented in profit or loss within 'other operating income'.

 
2.3

Revenue

Turnover comprises revenue recognised by the Company in respect of information technology services provided during the year, exclusive of Value Added Tax. Where a service has only been partially completed at the balance sheet date, accrued income represents the value ofv the service provided to date, based on  a proportion of the total expected consideration at completion, and is included within turnover.

Page 5

 
HILLHOUSE HIGGINS & MORGAN LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 JANUARY 2023

2.Accounting policies (continued)

 
2.4

Interest income

Interest income is recognised in profit or loss using the effective interest method.

 
2.5

Tangible fixed assets

Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management.

Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, using the straight-line method.

Depreciation is provided on the following basis:

Office equipment
-
33%
straight-line method
Computer equipment
-
33%
straight-line method

The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date.

Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in profit or loss.

 
2.6

Debtors

Short-term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

 
2.7

Cash and cash equivalents

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.

 
2.8

Creditors

Short-term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

Page 6

 
HILLHOUSE HIGGINS & MORGAN LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 JANUARY 2023

2.Accounting policies (continued)

 
2.9

Provisions for liabilities

Provisions are made where an event has taken place that gives the Company a legal or constructive obligation that probably requires settlement by a transfer of economic benefit, and a reliable estimate can be made of the amount of the obligation.
Provisions are charged as an expense to profit or loss in the year that the Company becomes aware of the obligation, and are measured at the best estimate at the balance sheet date of the expenditure required to settle the obligation, taking into account relevant risks and uncertainties.
When payments are eventually made, they are charged to the provision carried in the Balance sheet.

 
2.10

Financial instruments

The Company only enters into basic financial instrument transactions that result in the recognition of financial assets and liabilities like trade and other debtors and creditors, loans from banks and other third parties, loans to related parites and investments in ordinary shares.


3.


Employees

The average monthly number of employees, including the directors, during the period was as follows:


        2023
            No.






Directors
2

Page 7

 
HILLHOUSE HIGGINS & MORGAN LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 JANUARY 2023

4.


Tangible fixed assets





Office equipment
Computer equipment
Total

£
£
£



Cost or valuation


Additions
290
2,048
2,338



At 31 January 2023

290
2,048
2,338



Depreciation


Charge for the period on owned assets
97
683
780



At 31 January 2023

97
683
780



Net book value



At 31 January 2023
193
1,365
1,558


5.


Debtors

2023
£


Trade debtors
26,005

Other debtors
49,988

Prepayments and accrued income
1,335

77,328



6.


Creditors: Amounts falling due within one year

2023
£

Trade creditors
28,019

Corporation tax
20,711

Other creditors
361

Accruals and deferred income
7,978

57,069


Page 8

 
HILLHOUSE HIGGINS & MORGAN LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 JANUARY 2023

7.


Share capital

2023
£
Allotted, called up and fully paid


2 Ordinary A shares of £1.00 each
2





8.


Transactions with directors

As at 31 January 2023, one of the directors owed £33,566 to the Company. Interest was charged on the overdrawn balance at the official rate of interest totalling £208. The loan is repayable on demand and inclued within other debtors in note 5 to the financial statements.


9.


Related party transactions

As at 31 January 2023, one of the directors was owed £361 by the Company. The loan is interest free, repayable on demand and is included within other creditors in note 6 to the financial statements. 

 
Page 9