1 November 2022 false No description of principal activity Taxfiler 2023.12 9288682business:PrivateLimitedCompanyLtd2022-11-012023-10-31 92886822022-10-31 92886822022-11-012023-10-31 9288682business:AuditExemptWithAccountantsReport2022-11-012023-10-31 9288682business:AbridgedAccounts2022-11-012023-10-31 92886822023-10-31 9288682business:Director12022-11-012023-10-31 9288682business:RegisteredOffice2022-11-012023-10-31 92886822022-10-31 9288682core:WithinOneYear2023-10-31 9288682core:WithinOneYear2022-10-31 9288682core:ShareCapitalcore:PreviouslyStatedAmount2023-10-31 9288682core:ShareCapitalcore:PreviouslyStatedAmount2022-10-31 9288682core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-10-31 9288682core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2022-10-31 9288682core:PreviouslyStatedAmount2023-10-31 9288682core:PreviouslyStatedAmount2022-10-31 9288682business:SmallEntities2022-11-012023-10-31 9288682countries:EnglandWales2022-11-012023-10-31 9288682core:PlantMachinery2022-11-012023-10-31 9288682core:FurnitureFittings2022-11-012023-10-31 9288682business:OrdinaryShareClass12022-11-012023-10-31 9288682business:OrdinaryShareClass12021-11-012022-10-31 92886822021-11-012022-10-31 iso4217:GBP xbrli:shares xbrli:pure
Company Registration No. 9288682 (England and Wales)
HGC Consultancy Limited Unaudited accounts for the year ended 31 October 2023
HGC Consultancy Limited Unaudited accounts Contents
Page
- 2 -
HGC Consultancy Limited Company Information for the year ended 31 October 2023
Director
Jamie Cleary
Company Number
9288682 (England and Wales)
Registered Office
2 Penn Meadow Stoke Poges Buckinghamshire SL2 4EB
Accountants
Karrie Taylor 40 Hazell Way Stoke Poges Bucks SL24DD
- 3 -
Chartered Management Accountants' report to the board of directors on the preparation of the unaudited statutory accounts of HGC Consultancy Limited for the year ended 31 October 2023
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of HGC Consultancy Limited for the year ended 31 October 2023 which comprise of the Profit and Loss Account, the Balance Sheet and the related notes from the company's accounting records and from information and explanations you have given us.
As a CIMA Registered Member in Practice and Practising Certificate holder, I am subject to its ethical and other professional requirements which are detailed at https://www.cimaglobal.com/Members/Your-Membership-Information/Members-handbook/Licensing-and-monitoring/Members-in-practice/
Our work has been undertaken in accordance with the requirements of the Chartered Institute of Management Accountants as detailed at http://www.cimaglobal.com.
Karrie Taylor Member in Practice 40 Hazell Way Stoke Poges Bucks SL24DD 14 February 2024
- 4 -
HGC Consultancy Limited Statement of financial position as at 31 October 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
1,679 
1,123 
Current assets
Debtors
21,900 
- 
Cash at bank and in hand
84,497 
82,332 
106,397 
82,332 
Creditors: amounts falling due within one year
(60,940)
(55,555)
Net current assets
45,457 
26,777 
Net assets
47,136 
27,900 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
47,036 
27,800 
Shareholders' funds
47,136 
27,900 
For the year ending 31 October 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
The members have agreed to the preparation of abridged accounts for the year in accordance with Section 444(2A).
These accounts have been prepared and delivered 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 profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 14 February 2024 and were signed on its behalf by
Jamie Cleary Director Company Registration No. 9288682
- 5 -
HGC Consultancy Limited Notes to the Accounts for the year ended 31 October 2023
1
Statutory information
HGC Consultancy Limited is a private company, limited by shares, registered in England and Wales, registration number 9288682. The registered office is 2 Penn Meadow, Stoke Poges, Buckinghamshire, SL2 4EB.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Turnover
Turnover represents amounts receivable for quantity surveying activities net of VAT and trade discounts.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
33.3% on cost
Fixtures & fittings
33.3% on cost
4
Tangible fixed assets
Total 
£ 
Cost or valuation
At 1 November 2022
6,186 
Additions
1,037 
At 31 October 2023
7,223 
Depreciation
At 1 November 2022
5,063 
Charge for the year
481 
At 31 October 2023
5,544 
Net book value
At 31 October 2023
1,679 
At 31 October 2022
1,123 
5
Share capital
2023 
2022 
£ 
£ 
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100 
100 
- 6 -
HGC Consultancy Limited Notes to the Accounts for the year ended 31 October 2023
6
Transactions with related parties
From incorporation until 1 April 2015 the company was solely controlled by J Cleary, the sold director, by virtue of owning 10% of the issued share capital. After 1 April 2015, the company was jointly controlled by J Cleary and E Cleary as together they owned 100% of the issued share capital. Included in other creditors is an amount of £2014 (2020: £102) owed to the director. This amount is interest free and payable on demand. During the period dividends totaling £36,000 (2020: £50,000) were paid to J Cleary, the director.
7
Average number of employees
During the year the average number of employees was 1 (2022: 1).
- 7 -