Company Registration No. 12815573 (England and Wales)
RMH HENDERSYDE CONSULTING LIMITED
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2023
PAGES FOR FILING WITH REGISTRAR
RMH HENDERSYDE CONSULTING LIMITED
CONTENTS
Page
Balance sheet
1
Statement of changes in equity
2
Notes to the financial statements
3 - 5
RMH HENDERSYDE CONSULTING LIMITED
BALANCE SHEET
AS AT
31 AUGUST 2023
31 August 2023
- 1 -
2023
2022
Notes
£
£
£
£
Current assets
Stocks
16,135
-
0
Debtors
4
1,172,266
841,712
Cash at bank and in hand
658,380
1,197,711
1,846,781
2,039,423
Creditors: amounts falling due within one year
5
(5,000)
(25,226)
Net current assets
1,841,781
2,014,197
Capital and reserves
Called up share capital
6
100
100
Profit and loss reserves
1,841,681
2,014,097
Total equity
1,841,781
2,014,197

The directors of the company have elected not to include a copy of the profit and loss account within the financial statements.true

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

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476.

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

The financial statements were approved by the board of directors and authorised for issue on 23 January 2024 and are signed on its behalf by:
R.M Heath
Director
Company Registration No. 12815573
RMH HENDERSYDE CONSULTING LIMITED
STATEMENT OF CHANGES IN EQUITY
FOR THE YEAR ENDED 31 AUGUST 2023
- 2 -
Share capital
Profit and loss reserves
Total
Notes
£
£
£
Balance at 1 September 2021
100
1,998,098
1,998,198
Year ended 31 August 2022:
Profit and total comprehensive income for the year
-
79,999
79,999
Dividends
-
(64,000)
(64,000)
Balance at 31 August 2022
100
2,014,097
2,014,197
Year ended 31 August 2023:
Loss and total comprehensive income for the year
-
(96,416)
(96,416)
Dividends
-
(76,000)
(76,000)
Balance at 31 August 2023
100
1,841,681
1,841,781
RMH HENDERSYDE CONSULTING LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2023
- 3 -
1
Accounting policies
Company information

RMH Hendersyde Consulting Limited is a private company limited by shares incorporated in England and Wales. The registered office is Aldgate House, 1-4 Market Place, Hull, East Yorkshire, HU1 1RS.

1.1
Accounting convention

These financial statements have been prepared in accordance with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. The disclosure requirements of section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The financial statements are prepared in sterling, which is the functional currency of the company. Monetary amounts in these financial statements are rounded to the nearest £.

The financial statements have been prepared under the historical cost convention. The principal accounting policies adopted are set out below.

1.2
Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell. Cost comprises direct materials and, where applicable, direct labour costs and those overheads that have been incurred in bringing the stocks to their present location and condition.

At each reporting date, an assessment is made for impairment. Any excess of the carrying amount of stocks over its estimated selling price less costs to complete and sell is recognised as an impairment loss in profit or loss. Reversals of impairment losses are also recognised in profit or loss.

1.3
Cash and cash equivalents

Cash and cash equivalents are basic financial assets and include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities.

1.4
Financial instruments

Financial instruments are recognised in the company's balance sheet when the company becomes party to the contractual provisions of the instrument.

 

Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

Basic financial assets

Basic financial assets, which include debtors and cash and bank balances, are measured at transaction price including transaction costs.

Classification of financial liabilities

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.

Basic financial liabilities

Basic financial liabilities are recognised at transaction price.

RMH HENDERSYDE CONSULTING LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 AUGUST 2023
1
Accounting policies
(Continued)
- 4 -
1.5
Equity instruments

Equity instruments issued by the company are recorded at the proceeds received, net of transaction costs. Dividends payable on equity instruments are recognised as liabilities once they are no longer at the discretion of the company.

1.6
Taxation

The tax currently payable is based on taxable profit for the year. Taxable profit differs from net profit as reported in the profit and loss account because it excludes items of income or expense that are taxable or deductible in other years and it further excludes items that are never taxable or deductible. The company’s liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the reporting end date.

1.7
Employee benefits

The costs of short-term employee benefits are recognised as a liability and an expense, unless those costs are required to be recognised as part of the cost of stock or fixed assets.

 

The cost of any unused holiday entitlement is recognised in the period in which the employee’s services are received.

 

Termination benefits are recognised immediately as an expense when the company is demonstrably committed to terminate the employment of an employee or to provide termination benefits.

1.8
Foreign exchange

Transactions in currencies other than pounds sterling are recorded at the rates of exchange prevailing at the dates of the transactions. At each reporting end date, monetary assets and liabilities that are denominated in foreign currencies are retranslated at the rates prevailing on the reporting end date. Gains and losses arising on translation in the period are included in profit or loss.

2
Judgements and key sources of estimation uncertainty

In the application of the company’s accounting policies, the directors are required to make judgements, estimates and assumptions about the carrying amount of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates.

 

The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised where the revision affects only that period, or in the period of the revision and future periods where the revision affects both current and future periods.

3
Employees

The average monthly number of persons (including directors) employed by the company during the year was:

2023
2022
Number
Number
Total
2
2
RMH HENDERSYDE CONSULTING LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 AUGUST 2023
- 5 -
4
Debtors
2023
2022
Amounts falling due within one year:
£
£
Other debtors
1,172,266
841,712
5
Creditors: amounts falling due within one year
2023
2022
£
£
Taxation and social security
-
0
20,222
Other creditors
5,000
5,004
5,000
25,226
6
Called up share capital
2023
2022
2023
2022
Ordinary share capital
Number
Number
£
£
Issued and fully paid
Ordinary shares of £1 each
100
100
100
100
2023-08-312022-09-01false23 January 2024CCH SoftwareCCH Accounts Production 2023.100No description of principal activityR.M HeathB. Heath128155732022-09-012023-08-31128155732023-08-31128155732022-08-3112815573core:CurrentFinancialInstrumentscore:WithinOneYear2023-08-3112815573core:CurrentFinancialInstrumentscore:WithinOneYear2022-08-3112815573core:CurrentFinancialInstruments2023-08-3112815573core:CurrentFinancialInstruments2022-08-3112815573core:ShareCapital2023-08-3112815573core:ShareCapital2022-08-3112815573core:RetainedEarningsAccumulatedLosses2023-08-3112815573core:RetainedEarningsAccumulatedLosses2022-08-3112815573core:ShareCapital2021-08-3112815573core:RetainedEarningsAccumulatedLosses2021-08-3112815573bus:Director12022-09-012023-08-3112815573core:RetainedEarningsAccumulatedLosses2021-09-012022-08-31128155732021-09-012022-08-3112815573core:RetainedEarningsAccumulatedLosses2022-09-012023-08-3112815573core:WithinOneYear2023-08-3112815573core:WithinOneYear2022-08-3112815573bus:PrivateLimitedCompanyLtd2022-09-012023-08-3112815573bus:SmallCompaniesRegimeForAccounts2022-09-012023-08-3112815573bus:FRS1022022-09-012023-08-3112815573bus:AuditExemptWithAccountantsReport2022-09-012023-08-3112815573bus:Director22022-09-012023-08-3112815573bus:FullAccounts2022-09-012023-08-31xbrli:purexbrli:sharesiso4217:GBP