1 June 2022 false No description of principal activity Taxfiler 2023.10 05141145business:PrivateLimitedCompanyLtd2022-06-012023-05-31 051411452022-05-31 051411452022-06-012023-05-31 05141145business:AuditExemptWithAccountantsReport2022-06-012023-05-31 05141145business:FilletedAccounts2022-06-012023-05-31 051411452023-05-31 05141145business:Director12022-06-012023-05-31 05141145business:CompanySecretary12022-06-012023-05-31 05141145business:RegisteredOffice2022-06-012023-05-31 051411452022-05-31 05141145core:WithinOneYear2023-05-31 05141145core:WithinOneYear2022-05-31 05141145core:AfterOneYear2023-05-31 05141145core:AfterOneYear2022-05-31 05141145core:ShareCapitalcore:PreviouslyStatedAmount2023-05-31 05141145core:ShareCapitalcore:PreviouslyStatedAmount2022-05-31 05141145core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-05-31 05141145core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2022-05-31 05141145core:PreviouslyStatedAmount2023-05-31 05141145core:PreviouslyStatedAmount2022-05-31 05141145business:SmallEntities2022-06-012023-05-31 05141145countries:EnglandWales2022-06-012023-05-31 05141145business:Director112022-06-012023-05-31 05141145business:Director112022-05-31 05141145business:Director112023-05-31 051411452021-06-012022-05-31 iso4217:GBP xbrli:pure
Company Registration No. 05141145 (England and Wales)
H2 Consulting Limited Unaudited accounts for the year ended 31 May 2023
H2 Consulting Limited Unaudited accounts Contents
Page
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H2 Consulting Limited Company Information for the year ended 31 May 2023
Director
Patrick Harding
Secretary
Gordon Soutar
Company Number
05141145 (England and Wales)
Registered Office
203 West Street Fareham PO16 0EN England
Accountants
TaxSense Accountants Ltd 203 West Street Fareham Hants PO16 0EN
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H2 Consulting Limited Accountants' report
Accountants' report to the director of H2 Consulting Limited on the preparation of the unaudited statutory accounts for the year ended 31 May 2023
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of H2 Consulting Limited for the year ended 31 May 2023 as set out on pages 5 - 7 from the company's accounting records and from information and explanations you have given us.
This report is made solely to the Board of Directors of H2 Consulting Limited, as a body, in accordance with the terms of our engagement. Our work has been undertaken solely to prepare for your approval the accounts of H2 Consulting Limited and state those matters that we have agreed to state to them, as a body, in this report. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than H2 Consulting Limited and its Board of Directors as a body for our work or for this report.
It is your duty to ensure that H2 Consulting Limited has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and loss of H2 Consulting Limited. You consider that H2 Consulting Limited is exempt from the statutory audit requirement for the year.
We have not been instructed to carry out an audit or a review of the accounts of H2 Consulting Limited. 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 accounts.
TaxSense Accountants Ltd 203 West Street Fareham Hants PO16 0EN 24 October 2023
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H2 Consulting Limited Statement of financial position as at 31 May 2023
2023 
2022 
Notes
£ 
£ 
Current assets
Debtors
5,000 
5,225 
Cash at bank and in hand
30,971 
64,078 
35,971 
69,303 
Creditors: amounts falling due within one year
(24,220)
(36,137)
Net current assets
11,751 
33,166 
Total assets less current liabilities
11,751 
33,166 
Creditors: amounts falling due after more than one year
(4,150)
(6,149)
Net assets
7,601 
27,017 
Capital and reserves
Called up share capital
2 
2 
Profit and loss account
7,599 
27,015 
Shareholders' funds
7,601 
27,017 
For the year ending 31 May 2023 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 director acknowledges his 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.
The financial statements were approved by the Board and authorised for issue on 24 October 2023 and were signed on its behalf by
Patrick Harding Director Company Registration No. 05141145
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H2 Consulting Limited Notes to the Accounts for the year ended 31 May 2023
1
Statutory information
H2 Consulting Limited is a private company, limited by shares, registered in England and Wales, registration number 05141145. The registered office is 203 West Street, Fareham, PO16 0EN, England.
2
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
4
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
Accrued income and prepayments
- 
225 
Other debtors
5,000 
5,000 
5,000 
5,225 
5
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Bank loans and overdrafts
1,999 
1,950 
VAT
226 
494 
Trade creditors
177 
- 
Taxes and social security
(1,036)
2,253 
Loans from directors
21,793 
30,527 
Accruals
1,061 
913 
24,220 
36,137 
6
Creditors: amounts falling due after more than one year
2023 
2022 
£ 
£ 
Bank loans
4,150 
6,149 
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H2 Consulting Limited Notes to the Accounts for the year ended 31 May 2023
7
Loans to directors
Brought Forward 
Advance/ credit 
Repaid 
Carried Forward 
£ 
£ 
£ 
£ 
Patrick Harding
Director's loan account
(30,527)
(33,240)
(41,974)
(21,793)
(30,527)
(33,240)
(41,974)
(21,793)
8
Average number of employees
During the year the average number of employees was 0 (2022: 1).
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