Silverfin false false 31/01/2024 01/02/2023 31/01/2024 R J Hill 23/01/2003 24 May 2024 The principal activity of the Company during the financial year was that of historic building consultancy. 04645844 2024-01-31 04645844 bus:Director1 2024-01-31 04645844 2023-01-31 04645844 core:CurrentFinancialInstruments 2024-01-31 04645844 core:CurrentFinancialInstruments 2023-01-31 04645844 core:ShareCapital 2024-01-31 04645844 core:ShareCapital 2023-01-31 04645844 core:RetainedEarningsAccumulatedLosses 2024-01-31 04645844 core:RetainedEarningsAccumulatedLosses 2023-01-31 04645844 core:OtherPropertyPlantEquipment 2023-01-31 04645844 core:OtherPropertyPlantEquipment 2024-01-31 04645844 2023-02-01 2024-01-31 04645844 bus:FilletedAccounts 2023-02-01 2024-01-31 04645844 bus:SmallEntities 2023-02-01 2024-01-31 04645844 bus:AuditExemptWithAccountantsReport 2023-02-01 2024-01-31 04645844 bus:PrivateLimitedCompanyLtd 2023-02-01 2024-01-31 04645844 bus:Director1 2023-02-01 2024-01-31 04645844 core:OtherPropertyPlantEquipment 2023-02-01 2024-01-31 04645844 2022-02-01 2023-01-31 iso4217:GBP xbrli:pure

Company No: 04645844 (England and Wales)

HISTORIC BUILDING ADVISORY SERVICE LIMITED

Unaudited Financial Statements
For the financial year ended 31 January 2024
Pages for filing with the registrar

HISTORIC BUILDING ADVISORY SERVICE LIMITED

Unaudited Financial Statements

For the financial year ended 31 January 2024

Contents

HISTORIC BUILDING ADVISORY SERVICE LIMITED

COMPANY INFORMATION

For the financial year ended 31 January 2024
HISTORIC BUILDING ADVISORY SERVICE LIMITED

COMPANY INFORMATION (continued)

For the financial year ended 31 January 2024
DIRECTOR R J Hill
SECRETARY J E Hill
REGISTERED OFFICE Ladysmith House High Street
Tisbury
Salisbury
SP3 6LD
United Kingdom
COMPANY NUMBER 04645844 (England and Wales)
CHARTERED ACCOUNTANTS Francis Clark LLP
Hitchcock House
Hilltop Park
Devizes Road
Salisbury
Wiltshire SP3 4UF
BANKERS Lloyds Bank plc
38 Blue Boar Row
Salisbury
Wiltshire
SP1 1DB
HISTORIC BUILDING ADVISORY SERVICE LIMITED

BALANCE SHEET

As at 31 January 2024
HISTORIC BUILDING ADVISORY SERVICE LIMITED

BALANCE SHEET (continued)

As at 31 January 2024
Note 2024 2023
£ £
Fixed assets
Tangible assets 3 525 647
525 647
Current assets
Debtors 4 79,221 80,560
Cash at bank and in hand 32,609 24,972
111,830 105,532
Creditors: amounts falling due within one year 5 ( 21,012) ( 21,732)
Net current assets 90,818 83,800
Total assets less current liabilities 91,343 84,447
Provision for liabilities ( 100) ( 61)
Net assets 91,243 84,386
Capital and reserves
Called-up share capital 1 1
Profit and loss account 91,242 84,385
Total shareholder's funds 91,243 84,386

For the financial year ending 31 January 2024 the Company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

The financial statements of Historic Building Advisory Service Limited (registered number: 04645844) were approved and authorised for issue by the Director on 24 May 2024. They were signed on its behalf by:

R J Hill
Director
HISTORIC BUILDING ADVISORY SERVICE LIMITED

NOTES TO THE FINANCIAL STATEMENTS

For the financial year ended 31 January 2024
HISTORIC BUILDING ADVISORY SERVICE LIMITED

NOTES TO THE FINANCIAL STATEMENTS

For the financial year ended 31 January 2024
1. Accounting policies

The principal accounting policies are summarised below. They have all been applied consistently throughout the financial year and to the preceding financial year, unless otherwise stated.

General information and basis of accounting

Historic Building Advisory Service Limited (the Company) is a private company, limited by shares, incorporated in the United Kingdom under the Companies Act 2006 and is registered in England and Wales. The address of the Company's registered office is Ladysmith House High Street, Tisbury, Salisbury, SP3 6LD, United Kingdom.

The financial statements have been prepared under the historical cost convention, modified to include certain items at fair value, and in accordance with Section 1A of Financial Reporting Standard 102 (FRS 102) ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland’ issued by the Financial Reporting Council and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime.

The financial statements are presented in pounds sterling which is the functional currency of the Company and rounded to the nearest £.

Turnover

Turnover represents the fair value of services provided under contracts with customers to the extent that there is a right to consideration. It is measured at the fair value of the consideration due. Where a service is incomplete at the year end, turnover represents the value of the services provided to that date based on an appropriate proportion of the total expected consideration at completion.

Taxation

Current tax
Current tax is provided at amounts expected to be paid (or recoverable) using the tax rates and laws that have been enacted or substantively enacted at the Balance Sheet date.

Deferred tax
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 financial statements. 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 tax rates and laws substantively enacted at the balance sheet date. Deferred tax assets and liabilities are not discounted.

Tangible fixed assets

Tangible fixed assets are stated at cost or valuation, net of depreciation and any provision for impairment. Depreciation is provided on all tangible fixed assets, other than investment property and freehold land, at rates calculated to write off the cost or valuation, less estimated residual value, of each asset on a reducing balance basis over its expected useful life, as follows:

Plant and machinery etc. 30 % reducing balance

Residual value represents the estimated amount which would currently be obtained from disposal of an asset, after deducting estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life.

Financial instruments

Financial assets and financial liabilities are recognised when the Company becomes a party to the contractual provisions of the instrument.

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.

Financial assets and liabilities are only offset in the Balance Sheet when, and only when there exists a legally enforceable right to set off the recognised amounts and the Company intends either to settle on a net basis, or to realise the asset and settle the liability simultaneously.

Basic financial assets
Basic financial assets receivable within one year, such as trade debtors and bank balances, are measured at transaction price less any impairment.

Basic financial assets receivable within more than one year are measured at amortised cost less any impairment.

Financial assets are derecognised when and only when the contractual rights to the cash flows from the financial asset expire or are settled, or the Company transfers to another party substantially all of the risks and rewards of ownership of the financial asset, or the Company, despite having retained some, but not all, significant risks and rewards of ownership, has transferred control of the asset to another party.

Basic financial liabilities
Basic financial liabilities that have no stated interest rate and are payable within one year, such as trade creditors, are measured at transaction price.

Other basic financial liabilities are measured at amortised cost.

Financial liabilities are derecognised when the company’s contractual obligations expire or are discharged or cancelled.

Defined contribution pension obligation

A defined contribution plan is a pension plan under which fixed contributions are paid into a pension fund and the company has no legal or constructive obligation to pay further contributions even if the fund does not hold sufficient assets to pay all employees the benefits relating to employee service in the current and prior periods.

Contributions to defined contribution plans are recognised as employee benefit expense when the are due. If contribution payments exceed the contribution due for the service, the excess is recognised as a prepayment.

2. Employees

2024 2023
Number Number
Monthly average number of persons employed by the Company during the year, including the director 1 1

3. Tangible assets

Plant and machinery etc. Total
£ £
Cost
At 01 February 2023 7,164 7,164
At 31 January 2024 7,164 7,164
Accumulated depreciation
At 01 February 2023 6,517 6,517
Charge for the financial year 122 122
At 31 January 2024 6,639 6,639
Net book value
At 31 January 2024 525 525
At 31 January 2023 647 647

4. Debtors

2024 2023
£ £
Trade debtors 31,314 33,147
Other debtors 47,907 47,413
79,221 80,560

5. Creditors: amounts falling due within one year

2024 2023
£ £
Trade creditors 5,032 4,341
Taxation and social security 14,319 15,839
Other creditors 1,661 1,552
21,012 21,732

6. Related party transactions

Director- R J Hill

2024 2023
£ £
Opening balance 5,095 5,548
Advance to director 0 5,607
Repayments by director (5,095) (6,060)
0 5,095