3 false false false false false false false false false false true false false false false false false No description of principal activity 2023-01-01 Sage Accounts Production Advanced 2023 - FRS102_2023 270,000 270,000 270,000 xbrli:pure xbrli:shares iso4217:GBP 05964006 2023-01-01 2023-12-31 05964006 2023-12-31 05964006 2022-12-31 05964006 2022-01-01 2022-12-31 05964006 2022-12-31 05964006 2021-12-31 05964006 core:LandBuildings core:LongLeaseholdAssets 2023-01-01 2023-12-31 05964006 bus:Director1 2023-01-01 2023-12-31 05964006 core:LandBuildings 2023-12-31 05964006 core:WithinOneYear 2023-12-31 05964006 core:WithinOneYear 2022-12-31 05964006 core:AfterOneYear 2023-12-31 05964006 core:AfterOneYear 2022-12-31 05964006 core:ShareCapital 2023-12-31 05964006 core:ShareCapital 2022-12-31 05964006 core:RetainedEarningsAccumulatedLosses 2023-12-31 05964006 core:RetainedEarningsAccumulatedLosses 2022-12-31 05964006 core:CostValuation core:Non-currentFinancialInstruments 2023-12-31 05964006 core:Non-currentFinancialInstruments 2023-12-31 05964006 core:Non-currentFinancialInstruments 2022-12-31 05964006 bus:SmallEntities 2023-01-01 2023-12-31 05964006 bus:AuditExemptWithAccountantsReport 2023-01-01 2023-12-31 05964006 bus:SmallCompaniesRegimeForAccounts 2023-01-01 2023-12-31 05964006 bus:PrivateLimitedCompanyLtd 2023-01-01 2023-12-31 05964006 bus:FullAccounts 2023-01-01 2023-12-31 05964006 core:OfficeEquipment 2023-01-01 2023-12-31 05964006 core:OfficeEquipment 2023-12-31
COMPANY REGISTRATION NUMBER: 05964006
P J H Consultancy Limited
Filleted Unaudited Financial Statements
For the Year Ended
31 December 2023
P J H Consultancy Limited
Statement of Financial Position
31 December 2023
2023
2022
Note
£
£
£
Fixed Assets
Investments
6
270,000
270,000
Current Assets
Debtors
7
568
408
Cash at bank and in hand
12,482
11,765
---------
---------
13,050
12,173
Creditors: amounts falling due within one year
8
310,412
311,026
----------
----------
Net Current Liabilities
297,362
298,853
----------
----------
Total Assets Less Current Liabilities
( 27,362)
( 28,853)
Creditors: amounts falling due after more than one year
9
24,349
28,502
---------
---------
Net Liabilities
( 51,711)
( 57,355)
---------
---------
P J H Consultancy Limited
Statement of Financial Position (continued)
31 December 2023
2023
2022
Note
£
£
£
Capital and Reserves
Called up share capital
100
100
Profit and loss account
( 51,811)
( 57,455)
---------
---------
Shareholders Deficit
( 51,711)
( 57,355)
---------
---------
These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.
In accordance with section 444 of the Companies Act 2006, the statement of income and retained earnings has not been delivered.
For the year ending 31st December 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Director's responsibilities:
- The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476 ;
- The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .
These financial statements were approved by the board of directors and authorised for issue on 18 September 2024 , and are signed on behalf of the board by:
P J Huane
Director
Company registration number: 05964006
P J H Consultancy Limited
Notes to the Financial Statements
Year Ended 31st December 2023
1. General Information
The company is a private company limited by shares, registered in England and Wales. The address of the registered office is Middleborough House, 16 Middleborough, Colchester, Essex, CO1 1QT.
2. Statement of Compliance
These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.
3. Accounting Policies
Basis of Preparation
The director has a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. Accordingly, the going concern basis continues to be the basis for preparing the annual report and accounts.
Revenue Recognition
The turnover shown in the profit and loss account represents management fees and commissions received during the year, exclusive of Value Added Tax.
Tangible Assets
Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses. Any tangible assets carried at revalued amounts are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses.
Depreciation
Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:
Property improvements
-
10% straight line
Office fixtures, fittings & equipment
-
20% straight line
Impairment of Fixed Assets
A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date. For the purposes of impairment testing, when it is not possible to estimate the recoverable amount of an individual asset, an estimate is made of the recoverable amount of the cash-generating unit to which the asset belongs. The cash-generating unit is the smallest identifiable group of assets that includes the asset and generates cash inflows that largely independent of the cash inflows from other assets or groups of assets.
Financial Instruments
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 entity after deducting all of its financial liabilities .
Defined Contribution Plans
Contributions to defined contribution plans are recognised as an expense in the period in which the related service is provided. Prepaid contributions are recognised as an asset to the extent that the prepayment will lead to a reduction in future payments or a cash refund. When contributions are not expected to be settled wholly within 12 months of the end of the reporting date in which the employees render the related service, the liability is measured on a discounted present value basis. The unwinding of the discount is recognised as a finance cost in profit or loss in the period in which it arises.
4. Employee Numbers
The average number of persons employed by the company during the year amounted to 3 (2022: 3 ).
5. Tangible Assets
Property improvements
Office fixtures, fittings & equipment
Total
£
£
£
Cost
At 1st January 2023 and 31st December 2023
9,500
9,378
18,878
-------
-------
---------
Depreciation
At 1st January 2023 and 31st December 2023
9,500
9,378
18,878
-------
-------
---------
Carrying amount
At 31st December 2023
-------
-------
---------
At 31st December 2022
-------
-------
---------
6. Investments
Shares in group undertakings
£
Cost
At 1st January 2023 and 31st December 2023
270,000
----------
Impairment
At 1st January 2023 and 31st December 2023
----------
Carrying amount
At 31st December 2023
270,000
----------
At 31st December 2022
270,000
----------
7. Debtors
2023
2022
£
£
Trade debtors
143
Other debtors
425
408
----
----
568
408
----
----
8. Creditors: amounts falling due within one year
2023
2022
£
£
Bank loans and overdrafts
4,134
4,033
Trade creditors
10,511
11,520
Social security and other taxes
3,740
5,566
Other creditors
292,027
289,907
----------
----------
310,412
311,026
----------
----------
9. Creditors: amounts falling due after more than one year
2023
2022
£
£
Bank loans and overdrafts
24,349
28,502
---------
---------
Included within creditors: amounts falling due after more than one year is an amount of £8,849 (2022: £13,002) in respect of liabilities payable or repayable by instalments which fall due for payment after more than five years from the reporting date.