HITS-UK Consultancy Limited 07237239 true 2023-04-01 2024-03-31 2024-03-31 The principal activity of the company is The company did not trade during the year due to the director's poor health. Digita Accounts Production Advanced 6.30.9574.0 true Dr David D Wade true 07237239 2023-04-01 2024-03-31 07237239 2024-03-31 07237239 bus:OrdinaryShareClass1 2024-03-31 07237239 core:RetainedEarningsAccumulatedLosses 2024-03-31 07237239 core:ShareCapital 2024-03-31 07237239 core:CurrentFinancialInstruments core:WithinOneYear 2024-03-31 07237239 bus:FRS102 2023-04-01 2024-03-31 07237239 bus:AuditExempt-NoAccountantsReport 2023-04-01 2024-03-31 07237239 bus:FullAccounts 2023-04-01 2024-03-31 07237239 bus:RegisteredOffice 2023-04-01 2024-03-31 07237239 bus:Director1 2023-04-01 2024-03-31 07237239 bus:OrdinaryShareClass1 2023-04-01 2024-03-31 07237239 bus:EntityNoLongerTradingButTradedInPast 2023-04-01 2024-03-31 07237239 bus:PrivateLimitedCompanyLtd 2023-04-01 2024-03-31 07237239 countries:EnglandWales 2023-04-01 2024-03-31 07237239 2023-03-31 07237239 bus:OrdinaryShareClass1 2023-03-31 07237239 core:RetainedEarningsAccumulatedLosses 2023-03-31 07237239 core:ShareCapital 2023-03-31 07237239 core:CurrentFinancialInstruments core:WithinOneYear 2023-03-31 iso4217:GBP xbrli:pure xbrli:shares

HITS-UK Consultancy Limited

Annual Report and Unaudited Financial Statements
Year Ended 31 March 2024

Registration number: 07237239

 

HITS-UK Consultancy Limited

Contents

Balance Sheet

1

Notes to the Unaudited Financial Statements

2 to 4

 

HITS-UK Consultancy Limited

Balance Sheet as at 31 March 2024

Note

2024
£

2023
£

Current assets

 

Cash at bank and in hand

44

44

Creditors: Amounts falling due within one year

3

(3,653)

(3,653)

Net liabilities

 

(3,609)

(3,609)

Capital and reserves

 

Called up share capital

4

1

1

Profit and loss account

(3,610)

(3,610)

Total equity

 

(3,609)

(3,609)

For the financial year ending 31 March 2024 the company was entitled to exemption from audit under section 480 of the Companies Act 2006 relating to dormant companies.

Director's responsibilities:

The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and

The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

Approved and authorised by the director on 5 September 2024
 

.........................................

Dr David D Wade

Director

Company Registration Number: 07237239

 

HITS-UK Consultancy Limited

Notes to the Unaudited Financial Statements

Year Ended 31 March 2024

1

General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
C/O Francis Clark LLP
Melville Building East
Royal William Yard
Plymouth
Devon
PL1 3RP

These financial statements were authorised for issue by the director on 5 September 2024.

2

Accounting policies


Trading status
The company was dormant and has not traded during the year.

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Going concern

The financial statements have been prepared on a going concern basis, which assumes that the company will continue in operational existence for the foreseeable future. This depends on the continued financial support of the company's directors (and bankers).

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.

Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

 

HITS-UK Consultancy Limited

Notes to the Unaudited Financial Statements

Year Ended 31 March 2024

Financial instruments

Classification
The company holds the following financial instruments:

• Short term trade and other debtors and creditors;
• Cash and bank balances.

All financial instruments are classified as basic.

 Recognition and measurement
The company has chosen to apply the recognition and measurement principles in FRS102.

Financial instruments are recognised when the company becomes party to the contractual provisions of the instrument and derecognised when in the case of assets, the contractual rights to cash flows from the assets expire or substantially all the risks and rewards of ownership are transferred to another party, or in the case of liabilities, when the company’s obligations are discharged, expire or are cancelled.

Such instruments are initially measured at transaction price, including transaction costs, and are subsequently carried at the undiscounted amount of the cash or other consideration expected to be paid or received, after taking account of impairment adjustments.

 

3

Creditors

2024
£

2023
£

Due within one year

Other creditors

3,653

3,653

 

HITS-UK Consultancy Limited

Notes to the Unaudited Financial Statements

Year Ended 31 March 2024

4

Share capital

Allotted, called up and fully paid shares

 

2024

2023

 

No.

£

No.

£

Ordinary Shares of £1 each

1

1

1

1