1 false false false false false false false false false false true false false false false false false No description of principal activity 2023-04-01 Sage Accounts Production Advanced 2023 - FRS102_2023 2,850 1,310 231 1,541 1,309 1,540 xbrli:pure xbrli:shares iso4217:GBP 11296170 2023-04-01 2024-03-31 11296170 2024-03-31 11296170 2023-03-31 11296170 2022-04-01 2023-03-31 11296170 2023-03-31 11296170 2022-03-31 11296170 core:FurnitureFittings 2023-04-01 2024-03-31 11296170 bus:OrdinaryShareClass1 2023-04-01 2024-03-31 11296170 bus:Director1 2023-04-01 2024-03-31 11296170 core:WithinOneYear 2024-03-31 11296170 core:WithinOneYear 2023-03-31 11296170 core:FurnitureFittings 2023-03-31 11296170 core:FurnitureFittings 2024-03-31 11296170 core:ShareCapital 2024-03-31 11296170 core:ShareCapital 2023-03-31 11296170 core:RetainedEarningsAccumulatedLosses 2024-03-31 11296170 core:RetainedEarningsAccumulatedLosses 2023-03-31 11296170 core:FurnitureFittings 2023-03-31 11296170 bus:Director1 2023-03-31 11296170 bus:Director1 2024-03-31 11296170 bus:Director1 2022-03-31 11296170 bus:Director1 2023-03-31 11296170 bus:Director1 2022-04-01 2023-03-31 11296170 bus:SmallEntities 2023-04-01 2024-03-31 11296170 bus:AuditExemptWithAccountantsReport 2023-04-01 2024-03-31 11296170 bus:SmallCompaniesRegimeForAccounts 2023-04-01 2024-03-31 11296170 bus:PrivateLimitedCompanyLtd 2023-04-01 2024-03-31 11296170 bus:FullAccounts 2023-04-01 2024-03-31 11296170 bus:OrdinaryShareClass1 2024-03-31 11296170 bus:OrdinaryShareClass1 2023-03-31
COMPANY REGISTRATION NUMBER: 11296170
Hillside Psychological Services Limited
Filleted Unaudited Financial Statements
31 March 2024
Hillside Psychological Services Limited
Statement of Financial Position
31 March 2024
2024
2023
Note
£
£
Fixed assets
Tangible assets
5
1,309
1,540
Current assets
Cash at bank and in hand
422
5,067
Creditors: amounts falling due within one year
6
1,319
4,121
-------
-------
Net current (liabilities)/assets
( 897)
946
-------
-------
Total assets less current liabilities
412
2,486
----
-------
Net assets
412
2,486
----
-------
Capital and reserves
Called up share capital
7
1
1
Profit and loss account
411
2,485
----
-------
Shareholder funds
412
2,486
----
-------
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 31 March 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 member has 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 her 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:
Dr H Morris
Director
Company registration number: 11296170
Hillside Psychological Services Limited
Notes to the Financial Statements
Year ended 31 March 2024
1. General information
The company is a private company limited by shares, registered in England and Wales. The address of the registered office is PO BOX 7871, 11 11 Belbroughton road, Kidderminster, DY11 9JS, England.
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 financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.
The financial statements are prepared in sterling, which is the functional currency of the entity.
Revenue recognition
Turnover is measured at the fair value of the consideration received or receivable and represents amounts receivable for goods supplied and services rendered, stated net of discounts and of Value Added Tax.
Income tax
The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in profit or loss, except to the extent that it relates to items recognised in other comprehensive income or directly in equity. In this case, tax is recognised in other comprehensive income or directly in equity, respectively. Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.
Deferred tax is recognised in respect of all timing differences at the reporting date. Unrelieved tax losses and other deferred tax assets are recognised to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date that are expected to apply to the reversal of the timing difference.
Tangible assets
Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and 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:
Fixtures and fittings
-
15% reducing balance
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.
Financial instruments
A financial asset or a financial liability is recognised only when the entity becomes a party to the contractual provisions of the instrument. Basic financial instruments are initially recognised at the transaction price, unless the arrangement constitutes a financing transaction, where it is recognised at the present value of the future payments discounted at a market rate of interest for a similar debt instrument. Debt instruments are subsequently measured at amortised cost.
4. Employee numbers
The average number of persons employed by the company during the year amounted to 1 (2023: 1 ).
5. Tangible assets
Fixtures and fittings
£
Cost
At 1 April 2023 and 31 March 2024
2,850
-------
Depreciation
At 1 April 2023
1,310
Charge for the year
231
-------
At 31 March 2024
1,541
-------
Carrying amount
At 31 March 2024
1,309
-------
At 31 March 2023
1,540
-------
6. Creditors: amounts falling due within one year
2024
2023
£
£
Accruals and deferred income
630
600
Corporation tax
615
3,447
Director loan accounts
74
74
-------
-------
1,319
4,121
-------
-------
7. Called up share capital
Issued, called up and fully paid
2024
2023
No.
£
No.
£
Ordinary shares of £ 1 each
1
1
1
1
----
----
----
----
8. Director's advances, credits and guarantees
During the year the director entered into the following advances and credits with the company:
2024
Balance brought forward
Advances/ (credits) to the director
Balance outstanding
£
£
£
Dr H Morris
( 74)
( 74)
----
----
----
2023
Balance brought forward
Advances/ (credits) to the director
Balance outstanding
£
£
£
Dr H Morris
951
( 1,025)
( 74)
----
-------
----