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REGISTERED NUMBER: 13898472 (England and Wales)















Unaudited Financial Statements

for the Period 7 February 2022 to 30 April 2023

for

HR Duo Limited

HR Duo Limited (Registered number: 13898472)






Contents of the Financial Statements
for the Period 7 February 2022 to 30 April 2023




Page

Company Information 1

Abridged Balance Sheet 2

Notes to the Financial Statements 4


HR Duo Limited

Company Information
for the Period 7 February 2022 to 30 April 2023







DIRECTORS: J Forde
J Forde
H McDermott
P J Timmins





SECRETARY: J Forde





REGISTERED OFFICE: Foresters Hall
25/27 Westow Street
Upper Norwood
London
SE19 3RY





REGISTERED NUMBER: 13898472 (England and Wales)





ACCOUNTANTS: Gibsons Financial Limited
Chartered Accountants
Foresters Hall
25/27 Westow Street
Upper Norwood
London
SE19 3RY

HR Duo Limited (Registered number: 13898472)

Abridged Balance Sheet
30 April 2023

Notes £
FIXED ASSETS
Tangible assets 4 1,586

CURRENT ASSETS
Debtors 20,633
Cash at bank and in hand 11,199
31,832
CREDITORS
Amounts falling due within one year (23,125 )
NET CURRENT ASSETS 8,707
TOTAL ASSETS LESS CURRENT
LIABILITIES

10,293

CREDITORS
Amounts falling due after more than one
year

(717,113

)
NET LIABILITIES (706,820 )

CAPITAL AND RESERVES
Called up share capital 100
Retained earnings (706,920 )
SHAREHOLDERS' FUNDS (706,820 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 30 April 2023.

The members have not required the company to obtain an audit of its financial statements for the period ended 30 April 2023 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.

HR Duo Limited (Registered number: 13898472)

Abridged Balance Sheet - continued
30 April 2023


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

All the members have consented to the preparation of an abridged Balance Sheet for the period ended 30 April 2023 in accordance with Section 444(2A) of the Companies Act 2006.

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 and authorised for issue on 14 November 2023 and were signed on its behalf by:





J Forde - Director


HR Duo Limited (Registered number: 13898472)

Notes to the Financial Statements
for the Period 7 February 2022 to 30 April 2023

1. STATUTORY INFORMATION

HR Duo 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 Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" 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 & machinery - 20% on cost

Taxation
Taxation for the period 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 period 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.

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.

HR Duo Limited (Registered number: 13898472)

Notes to the Financial Statements - continued
for the Period 7 February 2022 to 30 April 2023

2. ACCOUNTING POLICIES - continued

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.

Going concern
The company has reported a net loss of £706,920 for the period, with net liabilities of £706,820 as at the balance sheet date.

The company meets its day to day working capital requirements by financial assistance provided by its parent company. The directors confirm the parent company loan should remain at its disposal for the foreseeable future and does not intend to seek immediate repayment of this loan.

The directors believe that the company will be able to continue to operate and meet its obligations as and when they fall due, these financial statements have therefore been prepared on a going concern basis.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the period was 13 .

4. TANGIBLE FIXED ASSETS
Totals
£
COST
Additions 1,775
At 30 April 2023 1,775
DEPRECIATION
Charge for period 189
At 30 April 2023 189
NET BOOK VALUE
At 30 April 2023 1,586

5. RELATED PARTY DISCLOSURES

The company's trading operations are funded by the parent company, Forde Resolution Company Limited. At the balance sheet date the company owed £717,113 to its immediate parent company. No interest has been charged during the period for funds advanced.

6. CONTROLLING PARTY

The controlling party is Forde Resolution Company Limited, a company registered in Ireland, company number 528333.