Caseware UK (AP4) 2022.0.179 2022.0.179 2023-05-312023-05-312022-06-01falseNo description of principal activity11truetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. 11389545 2022-06-01 2023-05-31 11389545 2021-06-01 2022-05-31 11389545 2023-05-31 11389545 2022-05-31 11389545 c:Director1 2022-06-01 2023-05-31 11389545 d:FurnitureFittings 2022-06-01 2023-05-31 11389545 d:FurnitureFittings 2023-05-31 11389545 d:FurnitureFittings 2022-05-31 11389545 d:FurnitureFittings d:OwnedOrFreeholdAssets 2022-06-01 2023-05-31 11389545 d:CurrentFinancialInstruments 2023-05-31 11389545 d:CurrentFinancialInstruments 2022-05-31 11389545 d:CurrentFinancialInstruments d:WithinOneYear 2023-05-31 11389545 d:CurrentFinancialInstruments d:WithinOneYear 2022-05-31 11389545 d:ShareCapital 2023-05-31 11389545 d:ShareCapital 2022-05-31 11389545 d:RetainedEarningsAccumulatedLosses 2023-05-31 11389545 d:RetainedEarningsAccumulatedLosses 2022-05-31 11389545 c:FRS102 2022-06-01 2023-05-31 11389545 c:AuditExempt-NoAccountantsReport 2022-06-01 2023-05-31 11389545 c:FullAccounts 2022-06-01 2023-05-31 11389545 c:PrivateLimitedCompanyLtd 2022-06-01 2023-05-31 11389545 2 2022-06-01 2023-05-31 iso4217:GBP xbrli:pure

Registered number: 11389545









HILLYDEAL CONSULTANTS LIMITED







UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 31 MAY 2023

 
HILLYDEAL CONSULTANTS LIMITED
REGISTERED NUMBER: 11389545

STATEMENT OF FINANCIAL POSITION
AS AT 31 MAY 2023

2023
2023
2022
2022
Note
£
£
£
£

Fixed assets
  

Tangible assets
 4 
1,957
2,610

  
1,957
2,610

Current assets
  

Debtors: amounts falling due within one year
 5 
33,015
27,230

Cash at bank and in hand
 6 
558,009
510,880

  
591,024
538,110

Creditors: amounts falling due within one year
 7 
(150,480)
(172,565)

Net current assets
  
 
 
440,544
 
 
365,545

Total assets less current liabilities
  
442,501
368,155

  

Net assets
  
442,501
368,155


Capital and reserves
  

Called up share capital 
  
100
100

Profit and loss account
  
442,401
368,055

  
442,501
368,155


Page 1

 
HILLYDEAL CONSULTANTS LIMITED
REGISTERED NUMBER: 11389545
    
STATEMENT OF FINANCIAL POSITION (CONTINUED)
AS AT 31 MAY 2023

The director considers 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 year in question in accordance with section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The financial statements have been prepared 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 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 statement of income and retained earnings 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 by: 




................................................
D I Howie
Director

Date: 5 February 2024

The notes on pages 3 to 6 form part of these financial statements.

Page 2

 
HILLYDEAL CONSULTANTS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MAY 2023

1.


General information

Hillydeal Consultants Limited is a private company limited by shares. The company is incorporated in England and Wales and its registered office is Aston House, Cornwall Avenue, London, N3 1LF. The company registration number is 11389545.

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 Section 1A of 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

Revenue

Revenue is recognised to the extent that it is probable that the economic benefits will flow to the Company and the revenue can be reliably measured. Revenue is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. The following criteria must also be met before revenue is recognised:

Rendering of services

Revenue from a contract to provide services is recognised in the period in which the services are provided in accordance with the stage of completion of the contract when all of the following conditions are satisfied:
the amount of revenue can be measured reliably;
it is probable that the Company will receive the consideration due under the contract;
the stage of completion of the contract at the end of the reporting period can be measured reliably; and
the costs incurred and the costs to complete the contract can be measured reliably.

 
2.3

Interest income

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

 
2.4

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.

Page 3

 
HILLYDEAL CONSULTANTS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MAY 2023

2.Accounting policies (continued)


2.4
Tangible fixed assets (continued)

Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, on a reducing balance basis.

Depreciation is provided on the following basis:

Fixtures and fittings
-
25%
reducing balance

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.

 
2.5

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.

 
2.6

Cash and cash equivalents

Cash is represented by cash in hand and deposits with financial institutions. 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.

 
2.7

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.


3.


Employees

The average monthly number of employees, including directors, during the year was 1 (2022 - 1).

Page 4

 
HILLYDEAL CONSULTANTS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MAY 2023

4.


Tangible fixed assets





Fixtures and fittings

£



Cost or valuation


At 1 June 2022
5,703



At 31 May 2023

5,703



Depreciation


At 1 June 2022
3,093


Charge for the year on owned assets
653



At 31 May 2023

3,746



Net book value



At 31 May 2023
1,957

Page 5

 
HILLYDEAL CONSULTANTS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MAY 2023

5.


Debtors

2023
2022
£
£


Trade debtors
32,599
26,812

Prepayments and accrued income
416
418

33,015
27,230



6.


Cash and cash equivalents

2023
2022
£
£

Cash at bank and in hand
558,009
510,880

558,009
510,880



7.


Creditors: Amounts falling due within one year

2023
2022
£
£

Corporation tax
42,714
42,764

Other taxation and social security
10,940
23,273

Other creditors
95,326
105,028

Accruals and deferred income
1,500
1,500

150,480
172,565


 
Page 6