IRIS Accounts Production v23.4.0.336 12635915 Board of Directors 1.6.22 31.5.23 31.5.23 false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh126359152022-05-31126359152023-05-31126359152022-06-012023-05-31126359152021-05-31126359152021-06-012022-05-31126359152022-05-3112635915ns15:EnglandWales2022-06-012023-05-3112635915ns14:PoundSterling2022-06-012023-05-3112635915ns10:Director12022-06-012023-05-3112635915ns10:PrivateLimitedCompanyLtd2022-06-012023-05-3112635915ns10:SmallEntities2022-06-012023-05-3112635915ns10:AuditExempt-NoAccountantsReport2022-06-012023-05-3112635915ns10:SmallCompaniesRegimeForDirectorsReport2022-06-012023-05-3112635915ns10:SmallCompaniesRegimeForAccounts2022-06-012023-05-3112635915ns10:FullAccounts2022-06-012023-05-3112635915ns10:Director22022-06-012023-05-3112635915ns10:Director42022-06-012023-05-3112635915ns10:RegisteredOffice2022-06-012023-05-3112635915ns5:CurrentFinancialInstruments2023-05-3112635915ns5:CurrentFinancialInstruments2022-05-3112635915ns5:ShareCapital2023-05-3112635915ns5:ShareCapital2022-05-3112635915ns5:RetainedEarningsAccumulatedLosses2023-05-3112635915ns5:RetainedEarningsAccumulatedLosses2022-05-3112635915ns5:ComputerEquipment2022-06-012023-05-3112635915ns5:ComputerEquipment2022-05-3112635915ns5:ComputerEquipment2023-05-3112635915ns5:ComputerEquipment2022-05-3112635915ns5:CurrentFinancialInstrumentsns5:WithinOneYear2023-05-3112635915ns5:CurrentFinancialInstrumentsns5:WithinOneYear2022-05-3112635915ns5:WithinOneYear2023-05-3112635915ns5:WithinOneYear2022-05-3112635915ns5:BetweenOneFiveYears2023-05-3112635915ns5:BetweenOneFiveYears2022-05-3112635915ns5:AllPeriods2023-05-3112635915ns5:AllPeriods2022-05-311263591512022-06-012023-05-31
REGISTERED NUMBER: 12635915 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 May 2023

for

HM3 Consulting Ltd

HM3 Consulting Ltd (Registered number: 12635915)






Contents of the Financial Statements
for the Year Ended 31 May 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


HM3 Consulting Ltd

Company Information
for the Year Ended 31 May 2023







DIRECTORS: Mr A W Mellor
Mr D S Henderson
Mr A R Michie





REGISTERED OFFICE: 1 Scotlands Lane
Kingsley
Frodsham
WA6 8HA





REGISTERED NUMBER: 12635915 (England and Wales)






HM3 Consulting Ltd (Registered number: 12635915)

Balance Sheet
31 May 2023

31.5.23 31.5.22
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 7,365 10,568

CURRENT ASSETS
Debtors 5 1,157,444 822,219
Cash at bank 646,663 464,016
1,804,107 1,286,235
CREDITORS
Amounts falling due within one year 6 916,912 670,378
NET CURRENT ASSETS 887,195 615,857
TOTAL ASSETS LESS CURRENT
LIABILITIES

894,560

626,425

CAPITAL AND RESERVES
Called up share capital 4 4
Retained earnings 894,556 626,421
894,560 626,425

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 May 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 May 2023 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

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

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 23 February 2024 and were signed on its behalf by:





Mr A W Mellor - Director


HM3 Consulting Ltd (Registered number: 12635915)

Notes to the Financial Statements
for the Year Ended 31 May 2023

1. STATUTORY INFORMATION

HM3 Consulting Ltd is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Computer equipment - 33% on cost

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

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

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 4 (2022 - 4 ) .

HM3 Consulting Ltd (Registered number: 12635915)

Notes to the Financial Statements - continued
for the Year Ended 31 May 2023

4. TANGIBLE FIXED ASSETS
Computer
equipment
£   
COST
At 1 June 2022 15,565
Additions 2,413
At 31 May 2023 17,978
DEPRECIATION
At 1 June 2022 4,997
Charge for year 5,616
At 31 May 2023 10,613
NET BOOK VALUE
At 31 May 2023 7,365
At 31 May 2022 10,568

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.5.23 31.5.22
£    £   
Trade debtors 975,944 769,150
Other debtors 1,507 1,994
Prepayments and accrued income 179,993 51,075
1,157,444 822,219

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.5.23 31.5.22
£    £   
Trade creditors 452,604 370,392
Corporation tax 80,071 124,462
Social security and other taxes 28,351 11,034
Value added tax 5,258 47,868
Other creditors 12,845 5,000
Director's current account 45,000 -
Accruals and deferred income 292,783 111,622
916,912 670,378

7. LEASING AGREEMENTS

Minimum lease payments under non-cancellable operating leases fall due as follows:
31.5.23 31.5.22
£    £   
Within one year 9,108 9,108
Between one and five years 3,795 12,903
12,903 22,011

HM3 Consulting Ltd (Registered number: 12635915)

Notes to the Financial Statements - continued
for the Year Ended 31 May 2023

8. POST BALANCE SHEET EVENTS

On 7 September 2023, the Company allotted an additional 96 ordinary shares at £1 each to increase the Company's share capital to £100. All shares held by the Company are ranked pari passu in respect of voting rights and participation in distribution on a return of capital including arising from a winding up of the Company. The shares are not redeemable.