Company Registration No. 09347335 (England and Wales)
HDD CONSULTING & SUPERVISION LIMITED
Unaudited accounts
for the year ended 31 December 2023
HDD CONSULTING & SUPERVISION LIMITED
Unaudited accounts
Contents
HDD CONSULTING & SUPERVISION LIMITED
Company Information
for the year ended 31 December 2023
Director
Richard Mark Barnes
Company Number
09347335 (England and Wales)
Registered Office
125 Moorland Avenue
Lincoln
Lincolnshire
LN6 7NH
Accountants
M D Darby FCPA, CPAA, FIAB, ACCA/Cert:IFR, IFRS, IPSAS, IA
Templar Accounting & Business Support
Services Limited (Incorp: Blake and Co )
112 - 113 High Street,
Lincoln, Lincolnshire
LN5 7PY
HDD CONSULTING & SUPERVISION LIMITED
Statement of financial position
as at 31 December 2023
Tangible assets
15,648
20,533
Cash at bank and in hand
41,522
9,654
Creditors: amounts falling due within one year
(37,596)
(800)
Net current assets
3,926
8,854
Total assets less current liabilities
19,574
29,387
Creditors: amounts falling due after more than one year
(9,411)
(19,983)
Provisions for liabilities
Deferred tax
(9,288)
(9,288)
Called up share capital
2
2
Profit and loss account
873
114
Shareholders' funds
875
116
For the year ending 31 December 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.
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 16 February 2024 and were signed on its behalf by
Richard Mark Barnes
Director
Company Registration No. 09347335
HDD CONSULTING & SUPERVISION LIMITED
Notes to the Accounts
for the year ended 31 December 2023
HDD CONSULTING & SUPERVISION LIMITED is a private company, limited by shares, registered in England and Wales, registration number 09347335. The registered office is 125 Moorland Avenue, Lincoln, Lincolnshire, LN6 7NH.
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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Turnover represents the value, net of VAT and discounts, of goods provided to customers and work carried out in respect of services provided to customers.
Tangible fixed assets policy
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
25% Reducing balance
Motor vehicles
25% Reducing balance
Monetary assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rates of exchange ruling at the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.
Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged against profit on a straight line basis over the lease term.
Assets held under finance leases and hire purchase contracts are capitalised and depreciated over their useful lives. The corresponding lease or hire purchase obligation is treated in the balance sheet as a liability. The interest element of rental obligations is charged to the profit and loss account over the period of the lease at a constant proportion of the outstanding balance of capital repayments.
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws.
Deferred tax assets and liabilities are not discounted.
HDD CONSULTING & SUPERVISION LIMITED
Notes to the Accounts
for the year ended 31 December 2023
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At cost
At 1 January 2023
2,681
32,309
6,166
694
41,850
At 31 December 2023
2,681
32,309
6,166
1,025
42,181
At 1 January 2023
2,203
14,135
4,702
277
21,317
Charge for the year
120
4,543
366
187
5,216
At 31 December 2023
2,323
18,678
5,068
464
26,533
At 31 December 2023
358
13,631
1,098
561
15,648
At 31 December 2022
478
18,174
1,464
417
20,533
5
Creditors: amounts falling due within one year
2023
2022
Bank loans and overdrafts
6,750
6,750
Taxes and social security
20,026
3,575
Loans from directors
218
(15,623)
6
Creditors: amounts falling due after more than one year
2023
2022
Bounce Back Loan repayable over a 5 year term.
Yr 2. £6,750
Yr 3. £6,750
Yr 4. £6,750
Yr 5. £3,049
The proposed dividend has been written back to reserves to strengthen the company position.
Allotted, called up and fully paid:
2 Ordinary shares of £1 each
2
2
9
Capital commitments
2023
2022
No capital commitments have been made.
HDD CONSULTING & SUPERVISION LIMITED
Notes to the Accounts
for the year ended 31 December 2023
10
Average number of employees
During the year the average number of employees was 2 (2022: 2).