HENLEY & PARTNERS UK LTD

Company Registration Number:
08227264 (England and Wales)

Unaudited statutory accounts for the year ended 31 December 2023

Period of accounts

Start date: 1 January 2023

End date: 31 December 2023

HENLEY & PARTNERS UK LTD

Contents of the Financial Statements

for the Period Ended 31 December 2023

Directors report
Profit and loss
Balance sheet
Additional notes
Balance sheet notes

HENLEY & PARTNERS UK LTD

Directors' report period ended 31 December 2023

The directors present their report with the financial statements of the company for the period ended 31 December 2023

Principal activities of the company

The Company provides residence and citizenship planning services

Political and charitable donations

The Company made no political or charitable donations during the year under review (2022: £5).



Directors

The directors shown below have held office during the whole of the period from
1 January 2023 to 31 December 2023

Hugh Trelawny Morshead
Stuart Dean Wakeling
Thomas Henry Scott
Dominic Otto Volek


Secretary Robert Ross Clunis

The above report has been prepared in accordance with the special provisions in part 15 of the Companies Act 2006

This report was approved by the board of directors on
22 April 2024

And signed on behalf of the board by:
Name: Stuart Dean Wakeling
Status: Director

HENLEY & PARTNERS UK LTD

Profit And Loss Account

for the Period Ended 31 December 2023

2023 2022


£

£
Turnover: 4,039,736 4,825,474
Cost of sales: ( 889,313 ) ( 1,223,173 )
Gross profit(or loss): 3,150,423 3,602,301
Distribution costs: 0 0
Administrative expenses: ( 2,328,267 ) ( 2,091,490 )
Other operating income: 0 0
Operating profit(or loss): 822,156 1,510,811
Interest payable and similar charges: ( 11,561 ) 0
Profit(or loss) before tax: 810,595 1,510,811
Tax: ( 196,570 ) ( 270,453 )
Profit(or loss) for the financial year: 614,025 1,240,358

HENLEY & PARTNERS UK LTD

Balance sheet

As at 31 December 2023

Notes 2023 2022


£

£
Called up share capital not paid: 0 0
Fixed assets
Intangible assets: 3 298 596
Tangible assets: 4 6,188 9,588
Investments: 5 209,564 201,176
Total fixed assets: 216,050 211,360
Current assets
Stocks:   0 0
Debtors: 6 876,871 1,406,358
Cash at bank and in hand: 1,193,702 1,276,192
Investments:   0 0
Total current assets: 2,070,573 2,682,550
Creditors: amounts falling due within one year: 7 ( 895,217 ) ( 1,343,159 )
Net current assets (liabilities): 1,175,356 1,339,391
Total assets less current liabilities: 1,391,406 1,550,751
Creditors: amounts falling due after more than one year:   0 0
Provision for liabilities: ( 30,390 ) 0
Accruals and deferred income: ( 173,846 ) ( 202,604 )
Total net assets (liabilities): 1,187,170 1,348,147
Capital and reserves
Called up share capital: 300,200 300,200
Share premium account: 0 0
Other reserves: 0 0
Profit and loss account: 886,970 1,047,947
Total Shareholders' funds: 1,187,170 1,348,147

The notes form part of these financial statements

HENLEY & PARTNERS UK LTD

Balance sheet statements

For the year ending 31 December 2023 the company was entitled to exemption 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 directors acknowledge their 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.

This report was approved by the board of directors on 22 April 2024
and signed on behalf of the board by:

Name: Stuart Dean Wakeling
Status: Director

The notes form part of these financial statements

HENLEY & PARTNERS UK LTD

Notes to the Financial Statements

for the Period Ended 31 December 2023

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

    Turnover policy

    Revenue is derived from providing residence or citizenship consultancy services to customers who pay varying fees according to the program to which they apply. The Company also receives revenue from intergroup companies by way of management fees charged in connection with services provided. Revenue is recognised upon the completion of the service performed which is generally coincides with submission of an application to the relevant government. Revenue is recognised to the extent that it is probable that the economic benefits will flow to the Company and the revenue can be reliably measured.

    Tangible fixed assets depreciation policy

    Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, and major components are accounted for separately.

    Intangible fixed assets amortisation policy

    Intangible assets are initially recognised at cost. After recognition, under the cost model, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

    Other accounting policies

    Financial Instruments Related Party Transactions Dividends Share Capital Rental deposits

HENLEY & PARTNERS UK LTD

Notes to the Financial Statements

for the Period Ended 31 December 2023

  • 2. Employees

    2023 2022
    Average number of employees during the period 14 13

HENLEY & PARTNERS UK LTD

Notes to the Financial Statements

for the Period Ended 31 December 2023

3. Intangible assets

Goodwill Other Total
Cost £ £ £
At 1 January 2023 894 894
Additions 0 0
Disposals 0 0
Revaluations 0 0
Transfers 0 0
At 31 December 2023 894 894
Amortisation
At 1 January 2023 298 298
Charge for year 298 298
On disposals
Other adjustments
At 31 December 2023 596 596
Net book value
At 31 December 2023 298 298
At 31 December 2022 596 596

HENLEY & PARTNERS UK LTD

Notes to the Financial Statements

for the Period Ended 31 December 2023

4. Tangible assets

Land & buildings Plant & machinery Fixtures & fittings Office equipment Motor vehicles Total
Cost £ £ £ £ £ £
At 1 January 2023 87,956 207,433 295,389
Additions 0 12,120 12,120
Disposals ( 13,120 ) ( 13,120 )
Revaluations
Transfers
At 31 December 2023 87,956 206,433 294,389
Depreciation
At 1 January 2023 87,956 197,845 285,801
Charge for year 7,132 7,132
On disposals ( 4,732 ) ( 4,732 )
Other adjustments
At 31 December 2023 87,956 200,245 288,201
Net book value
At 31 December 2023 0 6,188 6,188
At 31 December 2022 0 9,588 9,588

HENLEY & PARTNERS UK LTD

Notes to the Financial Statements

for the Period Ended 31 December 2023

5. Fixed assets investments note

Rental Deposit 102645 Deferred Costs 106919

HENLEY & PARTNERS UK LTD

Notes to the Financial Statements

for the Period Ended 31 December 2023

6. Debtors

2023 2022
£ £
Trade debtors 55,161 31,643
Prepayments and accrued income 66,288 48,075
Other debtors 755,422 1,326,640
Total 876,871 1,406,358

HENLEY & PARTNERS UK LTD

Notes to the Financial Statements

for the Period Ended 31 December 2023

7. Creditors: amounts falling due within one year note

2023 2022
£ £
Trade creditors 139,214 158,927
Taxation and social security 59,014 270,447
Accruals and deferred income 654,694 686,766
Other creditors 42,295 227,019
Total 895,217 1,343,159