Caseware UK (AP4) 2023.0.135 2023.0.135 2024-02-292024-02-29Management consultancy activities other than financial management.trueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.112023-09-01falsetruefalse 08600318 2023-09-01 2024-02-29 08600318 2022-09-01 2023-08-31 08600318 2024-02-29 08600318 2023-08-31 08600318 c:Director1 2023-09-01 2024-02-29 08600318 d:CurrentFinancialInstruments 2024-02-29 08600318 d:CurrentFinancialInstruments 2023-08-31 08600318 d:CurrentFinancialInstruments d:WithinOneYear 2024-02-29 08600318 d:CurrentFinancialInstruments d:WithinOneYear 2023-08-31 08600318 d:ShareCapital 2024-02-29 08600318 d:ShareCapital 2023-08-31 08600318 d:RetainedEarningsAccumulatedLosses 2024-02-29 08600318 d:RetainedEarningsAccumulatedLosses 2023-08-31 08600318 c:FRS102 2023-09-01 2024-02-29 08600318 c:AuditExemptWithAccountantsReport 2023-09-01 2024-02-29 08600318 c:FullAccounts 2023-09-01 2024-02-29 08600318 c:PrivateLimitedCompanyLtd 2023-09-01 2024-02-29 08600318 5 2023-09-01 2024-02-29 08600318 e:PoundSterling 2023-09-01 2024-02-29 iso4217:GBP xbrli:pure

Registered number: 08600318









CENTRAL HR SERVICES LTD







UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE PERIOD ENDED 29 FEBRUARY 2024

 
CENTRAL HR SERVICES LTD
 
 
  
REPORT TO THE DIRECTOR ON THE PREPARATION OF THE UNAUDITED STATUTORY FINANCIAL STATEMENTS OF CENTRAL HR SERVICES LTD
FOR THE PERIOD ENDED 29 FEBRUARY 2024

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Central HR Services Ltd for the period ended 29 February 2024 which comprise  the Balance Sheet and the related notes from the Company's accounting records and from information and explanations you have given us.

As a practising member firm of the Association of Chartered Certified Accountantswe are subject to its ethical and other professional requirements which are detailed at https://www.accaglobal .com/uk/en/about-us /regulation/ethics /acca-rulebook.html.

This report is made solely to the director of Central HR Services Ltd in accordance with the terms of our engagement letter dated 25 May 2023Our work has been undertaken solely to prepare for your approval the financial statements of Central HR Services Ltd and state those matters that we have agreed to state to the director of Central HR Services Ltd in this report in accordance with the requirements of the Association of Chartered Certified Accountants as detailed at http://www.accaglobal .com/content/dam/ACCA_Global /Technical /fact/technical-factsheet -163.pdf. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Central HR Services Ltd and its director for our work or for this report. 

It is your duty to ensure that Central HR Services Ltd has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Central HR Services Ltd. You consider that Central HR Services Ltd is exempt from the statutory audit requirement for the period.

We have not been instructed to carry out an audit or review of the financial statements of Central HR Services Ltd. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.

  



Fraser Russell Limited
 
77 Francis Road
Edgbaston
Birmingham
West Midlands
B16 8SP

17 September 2024
Page 1

 
CENTRAL HR SERVICES LTD
REGISTERED NUMBER: 08600318

BALANCE SHEET
AS AT 29 FEBRUARY 2024

29 February
31 August
2024
2023
Note
£
£

  

Current assets
  

Debtors: amounts falling due within one year
 4 
-
616

Cash at bank and in hand
 5 
-
764

  
-
1,380

Creditors: amounts falling due within one year
 6 
-
(9,105)

Net current assets/(liabilities)
  
 
 
-
 
 
(7,725)

Total assets less current liabilities
  
-
(7,725)

  

Net assets/(liabilities)
  
-
(7,725)


Capital and reserves
  

Called up share capital 
  
1
1

Profit and loss account
  
(1)
(7,726)

  
-
(7,725)


The director considers that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the period in question in accordance with section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime and in accordance with the provisions of FRS 102 Section 1A - small entities.

The financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The Company has opted not to file the profit and loss account in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf on 17 September 2024.




Omar Rashid
Director

Page 2

 
CENTRAL HR SERVICES LTD
REGISTERED NUMBER: 08600318
    
BALANCE SHEET (CONTINUED)
AS AT 29 FEBRUARY 2024

The notes on pages 4 to 7 form part of these financial statements.

Page 3

 
CENTRAL HR SERVICES LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 29 FEBRUARY 2024

1.


General information

Central HR Services Limited is a company limited by shares incorporated in England within the United Kingdom, having a registration number of 08600318. The address of the registered office is 77 Francis Road, Edgbaston, Birmingham, England, B16 8SP. The principal activity of the company in the year under review was that of management consultancy activities other than financial management.
The financial statements are presented in sterling which is functional currency of the company and rounded to the nearest £.
The significant accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all years presented unless otherwise stated.

2.Accounting policies

 
2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with FRS 102 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland' and the requirements of the Companies Act 2006. The disclosure requirements of Section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The following principal accounting policies have been applied:

 
2.2

Going concern

The financial statements has been prepared on a going concern basis which assumes that the company will continue to receive support from creditors and the director as and when required.

Page 4

 
CENTRAL HR SERVICES LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 29 FEBRUARY 2024

2.Accounting policies (continued)

 
2.3

Revenue

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. Revenue is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. The following criteria must also be met before revenue is recognised:

Sale of goods

Revenue from the sale of goods is recognised when all of the following conditions are satisfied:
the Company has transferred the significant risks and rewards of ownership to the buyer;
the Company retains neither continuing managerial involvement to the degree usually associated with ownership nor effective control over the goods sold;
the amount of revenue can be measured reliably;
it is probable that the Company will receive the consideration due under the transaction; and
the costs incurred or to be incurred in respect of the transaction can be measured reliably.

Rendering of services

Revenue from a contract to provide services is recognised in the period in which the services are provided in accordance with the stage of completion of the contract when all of the following conditions are satisfied:
the amount of revenue can be measured reliably;
it is probable that the Company will receive the consideration due under the contract;
the stage of completion of the contract at the end of the reporting period can be measured reliably; and
the costs incurred and the costs to complete the contract can be measured reliably.

 
2.4

Operating leases: the Company as lessee

Rentals paid under operating leases are charged to profit or loss on a straight-line basis over the lease term.

Benefits received and receivable as an incentive to sign an operating lease are recognised on a straight-line basis over the lease term, unless another systematic basis is representative of the time pattern of the lessee's benefit from the use of the leased asset.

Page 5

 
CENTRAL HR SERVICES LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 29 FEBRUARY 2024

2.Accounting policies (continued)

 
2.5

Revaluation of tangible fixed assets

Individual freehold and leasehold properties are carried at current year value at fair value at the date of the revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses. Revaluations are undertaken with sufficient regularity to ensure the carrying amount does not differ materially from that which would be determined using fair value at the balance sheet date.
Fair values are determined from market based evidence normally undertaken by professionally qualified valuers.

Revaluation gains and losses are recognised in other comprehensive income unless losses exceed the previously recognised gains or reflect a clear consumption of economic benefits, in which case the excess losses are recognised in profit or loss.

 
2.6

Debtors

Short-term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

 
2.7

Cash and cash equivalents

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.

 
2.8

Creditors

Short-term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.


3.


Employees

The average monthly number of employees, including directors, during the period was 1 (2023 - 1).


4.


Debtors

29 February
31 August
2024
2023
£
£


Other debtors
-
616

-
616


Page 6

 
CENTRAL HR SERVICES LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 29 FEBRUARY 2024

5.


Cash and cash equivalents

29 February
31 August
2024
2023
£
£

Cash at bank and in hand
-
764

-
764



6.


Creditors: Amounts falling due within one year

29 February
31 August
2024
2023
£
£

Trade creditors
-
1,654

Corporation tax
-
181

Other creditors
-
5,802

Accruals and deferred income
-
1,468

-
9,105



7.


Controlling party

During the period the company was under the control of its sole director and shareholder, Omar Rashid.

 
Page 7