Highet Project Management Limited 04153497 false 2022-04-01 2023-03-31 2023-03-31 The principal activity of the company is 133:The principal activity of the company during the year was that of construction Digita Accounts Production Advanced 6.30.9574.0 true 04153497 2022-04-01 2023-03-31 04153497 2023-03-31 04153497 core:RetainedEarningsAccumulatedLosses 2023-03-31 04153497 core:ShareCapital 2023-03-31 04153497 core:CurrentFinancialInstruments 2023-03-31 04153497 core:CurrentFinancialInstruments core:WithinOneYear 2023-03-31 04153497 core:Non-currentFinancialInstruments core:AfterOneYear 2023-03-31 04153497 core:FurnitureFittings 2023-03-31 04153497 core:OfficeEquipment 2023-03-31 04153497 bus:SmallEntities 2022-04-01 2023-03-31 04153497 bus:AuditExemptWithAccountantsReport 2022-04-01 2023-03-31 04153497 bus:FullAccounts 2022-04-01 2023-03-31 04153497 bus:SmallCompaniesRegimeForAccounts 2022-04-01 2023-03-31 04153497 bus:RegisteredOffice 2022-04-01 2023-03-31 04153497 bus:CompanySecretaryDirector1 2022-04-01 2023-03-31 04153497 bus:Director2 2022-04-01 2023-03-31 04153497 bus:PrivateLimitedCompanyLtd 2022-04-01 2023-03-31 04153497 bus:Agent1 2022-04-01 2023-03-31 04153497 core:ComputerEquipment 2022-04-01 2023-03-31 04153497 core:FurnitureFittings 2022-04-01 2023-03-31 04153497 core:OfficeEquipment 2022-04-01 2023-03-31 04153497 countries:EnglandWales 2022-04-01 2023-03-31 04153497 2022-03-31 04153497 core:FurnitureFittings 2022-03-31 04153497 core:OfficeEquipment 2022-03-31 04153497 2021-04-01 2022-03-31 04153497 2022-03-31 04153497 core:RetainedEarningsAccumulatedLosses 2022-03-31 04153497 core:ShareCapital 2022-03-31 04153497 core:CurrentFinancialInstruments 2022-03-31 04153497 core:CurrentFinancialInstruments core:WithinOneYear 2022-03-31 04153497 core:Non-currentFinancialInstruments core:AfterOneYear 2022-03-31 04153497 core:FurnitureFittings 2022-03-31 04153497 core:OfficeEquipment 2022-03-31 iso4217:GBP xbrli:pure

Company registration number: 04153497

Highet Project Management Limited

Unaudited Financial Statements

for the Year Ended 31 March 2023

 

Highet Project Management Limited

Contents

Company Information

1

Accountants' Report

2

Balance Sheet

3 to 4

Notes to the Unaudited Financial Statements

5 to 7

 

Highet Project Management Limited

Company Information

Directors

Mr M R Highet

Mrs S P Highet

Company secretary

Mr M R Highet

Registered office

Long Lane Farm
Long Lane
Bickerstaffe
Ormskirk
L39 9EF

Accountants

Abrams Ashton Ltd
Chartered Accountants
7 Waterside Court
St. Helens
Merseyside
WA9 1UA

 

Chartered Accountants' Report to the Board of Directors on the Preparation of the Unaudited Statutory Accounts of
Highet Project Management Limited
for the Year Ended 31 March 2023

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of Highet Project Management Limited for the year ended 31 March 2023 as set out on pages 3 to 7 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
http://www.icaew.com/regulation.

This report is made solely to the Board of Directors of Highet Project Management Limited, as a body, in accordance with the terms of our engagement letter dated 23 May 2020. Our work has been undertaken solely to prepare for your approval the accounts of Highet Project Management Limited and state those matters that we have agreed to state to the Board of Directors of Highet Project Management Limited, as a body, in this report in accordance with ICAEW Technical Release 07/16 AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Highet Project Management Limited and its Board of Directors as a body for our work or for this report.

It is your duty to ensure that Highet Project Management 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 profit of Highet Project Management Limited. You consider that Highet Project Management 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 Highet Project Management 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.

......................................

Abrams Ashton Ltd
Chartered Accountants
7 Waterside Court
St. Helens
Merseyside
WA9 1UA

27 November 2023

 

Highet Project Management Limited

(Registration number: 04153497)
Balance Sheet as at 31 March 2023

Note

2023
£

2022
£

Fixed assets

 

Tangible assets

4

514

756

Current assets

 

Debtors

5

35,712

14,195

Cash at bank and in hand

 

105,553

79,831

 

141,265

94,026

Creditors: Amounts falling due within one year

6

(45,897)

(37,093)

Net current assets

 

95,368

56,933

Total assets less current liabilities

 

95,882

57,689

Creditors: Amounts falling due after more than one year

6

-

(13,348)

Provisions for liabilities

(129)

(144)

Net assets

 

95,753

44,197

Capital and reserves

 

Called up share capital

3

3

Retained earnings

95,750

44,194

Shareholders' funds

 

95,753

44,197

For the financial year ending 31 March 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

 

Highet Project Management Limited

(Registration number: 04153497)
Balance Sheet as at 31 March 2023

These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

These financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the directors have not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the Board on 26 November 2023 and signed on its behalf by:
 

.........................................
Mr M R Highet
Company secretary and director

 

Highet Project Management Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2023

1

General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
Long Lane Farm
Long Lane
Bickerstaffe
Ormskirk
L39 9EF

2

Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value. The financial statements are prepared in sterling, which is the functional currency of the entity.

Revenue recognition

Turnover comprises the fair value of the sale of services net of value added tax, returns, rebates and discounts. Sales are recognised when the company has delivered the services to the customer.

Deferred Tax

Deferred tax is recognised in respect of all timing differences between taxable profits and profits reported in the financial statements.

Unrelieved tax losses and other deferred tax assets are recognised when it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference.

Tangible assets

Tangible assets are stated in the statement of financial position at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

 

Highet Project Management Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2023

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class

Depreciation method and rate

Fixtures fittings and equipment

15% reducing balance

Computer equipment

33% straight line

Defined contribution pension obligation

The pension costs charged in the financial statements with respect to defined contribution plans are recognised as employee benefit expenses when they are due.

3

Staff numbers

The average number of persons employed by the company (including directors) during the year, was 2 (2022 - 2).

4

Tangible assets

Fixtures and fittings
£

Office equipment
£

Total
£

Cost or valuation

At 1 April 2022

2,138

3,067

5,205

At 31 March 2023

2,138

3,067

5,205

Depreciation

At 1 April 2022

1,538

2,911

4,449

Charge for the year

90

152

242

At 31 March 2023

1,628

3,063

4,691

Carrying amount

At 31 March 2023

510

4

514

At 31 March 2022

600

156

756

5

Debtors

2023
£

2022
£

Trade debtors

34,386

12,948

Other debtors

1,326

1,247

35,712

14,195

 

Highet Project Management Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2023

6

Creditors

Creditors: amounts falling due within one year

Note

2023
£

2022
£

Due within one year

 

Bank loans and overdrafts

-

3,760

Trade creditors

 

14

-

Corporation tax

 

24,426

15,303

Other creditors

 

21,457

18,030

 

45,897

37,093