Silverfin false false 31/07/2023 01/08/2022 31/07/2023 F A M Kenny 01/02/2022 L M McQuade 01/02/2022 S V Mead 01/02/2022 K J Sadler 01/02/2022 H L Thomas 01/02/2022 S M C Tumelty 15/05/2017 27 November 2023 The principal activity of the Company during the financial year was that of a holding company. 10770467 2023-07-31 10770467 bus:Director1 2023-07-31 10770467 bus:Director2 2023-07-31 10770467 bus:Director3 2023-07-31 10770467 bus:Director4 2023-07-31 10770467 bus:Director5 2023-07-31 10770467 bus:Director6 2023-07-31 10770467 2022-07-31 10770467 core:Non-currentFinancialInstruments 2023-07-31 10770467 core:Non-currentFinancialInstruments 2022-07-31 10770467 core:CurrentFinancialInstruments 2023-07-31 10770467 core:CurrentFinancialInstruments 2022-07-31 10770467 core:ShareCapital 2023-07-31 10770467 core:ShareCapital 2022-07-31 10770467 core:OtherCapitalReserve 2023-07-31 10770467 core:OtherCapitalReserve 2022-07-31 10770467 core:RetainedEarningsAccumulatedLosses 2023-07-31 10770467 core:RetainedEarningsAccumulatedLosses 2022-07-31 10770467 core:CostValuation 2022-07-31 10770467 core:CostValuation 2023-07-31 10770467 core:SubsidiariesWithMaterialNon-controllingInterests core:CurrentFinancialInstruments 2023-07-31 10770467 core:SubsidiariesWithMaterialNon-controllingInterests core:CurrentFinancialInstruments 2022-07-31 10770467 bus:OrdinaryShareClass1 2023-07-31 10770467 2022-08-01 2023-07-31 10770467 bus:FilletedAccounts 2022-08-01 2023-07-31 10770467 bus:SmallEntities 2022-08-01 2023-07-31 10770467 bus:AuditExemptWithAccountantsReport 2022-08-01 2023-07-31 10770467 bus:PrivateLimitedCompanyLtd 2022-08-01 2023-07-31 10770467 bus:Director1 2022-08-01 2023-07-31 10770467 bus:Director2 2022-08-01 2023-07-31 10770467 bus:Director3 2022-08-01 2023-07-31 10770467 bus:Director4 2022-08-01 2023-07-31 10770467 bus:Director5 2022-08-01 2023-07-31 10770467 bus:Director6 2022-08-01 2023-07-31 10770467 2021-08-01 2022-07-31 10770467 bus:OrdinaryShareClass1 2022-08-01 2023-07-31 10770467 bus:OrdinaryShareClass1 2021-08-01 2022-07-31 iso4217:GBP xbrli:pure xbrli:shares

Company No: 10770467 (England and Wales)

THE HR DEPT GROUP LIMITED

Unaudited Financial Statements
For the financial year ended 31 July 2023
Pages for filing with the registrar

THE HR DEPT GROUP LIMITED

Unaudited Financial Statements

For the financial year ended 31 July 2023

Contents

THE HR DEPT GROUP LIMITED

STATEMENT OF FINANCIAL POSITION

As at 31 July 2023
THE HR DEPT GROUP LIMITED

STATEMENT OF FINANCIAL POSITION (continued)

As at 31 July 2023
Note 2023 2022
£ £
Fixed assets
Investments 3 61,471 61,471
61,471 61,471
Current assets
Debtors
- due after more than one year 4 284,595 283,794
284,595 283,794
Creditors: amounts falling due within one year 5 ( 1,042,150) ( 436,433)
Net current liabilities (757,555) (152,639)
Total assets less current liabilities (696,084) (91,168)
Net liabilities ( 696,084) ( 91,168)
Capital and reserves
Called-up share capital 6 100 100
Other reserves ( 1,380,000 ) ( 780,000 )
Profit and loss account 683,816 688,732
Total shareholder's deficit ( 696,084) ( 91,168)

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

Directors' responsibilities:

The financial statements of The HR Dept Group Limited (registered number: 10770467) were approved and authorised for issue by the Director on 27 November 2023. They were signed on its behalf by:

K J Sadler
Director
THE HR DEPT GROUP LIMITED

NOTES TO THE FINANCIAL STATEMENTS

For the financial year ended 31 July 2023
THE HR DEPT GROUP LIMITED

NOTES TO THE FINANCIAL STATEMENTS

For the financial year ended 31 July 2023
1. Accounting policies

The principal accounting policies are summarised below. They have all been applied consistently throughout the financial year and to the preceding financial year, unless otherwise stated.

General information and basis of accounting

The HR Dept Group Limited (the Company) is a private company, limited by shares, incorporated in the United Kingdom under the Companies Act 2006 and is registered in England and Wales. The address of the Company's registered office is 3 Brook Office Park, Emersons Green, Bristol, BS16 7FL, United Kingdom.

The financial statements have been prepared under the historical cost convention, modified to include certain items at fair value, and in accordance with Section 1A of Financial Reporting Standard 102 (FRS 102) ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland’ issued by the Financial Reporting Council and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime.

The financial statements are presented in pounds sterling which is the functional currency of the Company and rounded to the nearest £.

Going concern

The directors have assessed the Statement of Financial Position and likely future cash flows at the date of approving these financial statements. The directors have a reasonable expectation that the Company has adequate resources to continue in operational existence and to meet its financial obligations as they fall due for at least 12 months from the date of signing these financial statements. Accordingly, they continue to adopt the going concern basis in preparing the financial statements.

Impairment of assets

Assets, other than those measured at fair value, are assessed for indicators of impairment at each Statement of Financial Position date. If there is objective evidence of impairment, an impairment loss is recognised in the Statement of Income and Retained Earnings as described below.

Financial instruments

Financial assets and financial liabilities are recognised when the Company becomes a party to the contractual provisions of the instrument.

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the Company after deducting all of its liabilities.

Financial assets and liabilities are only offset in the Balance Sheet when, and only when there exists a legally enforceable right to set off the recognised amounts and the Company intends either to settle on a net basis, or to realise the asset and settle the liability simultaneously.

Dividends

Equity dividends are recognised when they become legally payable. Interim equity dividends are recognised when paid. Final equity dividends are recognised when approved by the shareholders at an annual general meeting.

2. Employees

2023 2022
Number Number
Monthly average number of persons employed by the Company during the year, including directors 6 6

3. Fixed asset investments

Investments in subsidiaries

2023
£
Cost
At 01 August 2022 61,471
At 31 July 2023 61,471
Carrying value at 31 July 2023 61,471
Carrying value at 31 July 2022 61,471

4. Debtors

2023 2022
£ £
Debtors: amounts falling due after more than one year
Amounts owed by own subsidiaries 284,595 283,794

5. Creditors: amounts falling due within one year

2023 2022
£ £
Amounts owed to own subsidiaries 1,037,363 431,766
Accruals 4,787 4,667
1,042,150 436,433

6. Called-up share capital

2023 2022
£ £
Allotted, called-up and fully-paid
100 Ordinary shares of £ 1.00 each 100 100

7. Related party transactions

The Company has taken advantage of the exemption in section 1AC.35 of FRS 102 to not disclose related party transactions with wholly owned subsidiaries within the group.