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REGISTERED NUMBER: 08508793 (England and Wales)










Unaudited Financial Statements

for the Year Ended 30 April 2024

for

HMS Management Limited

HMS Management Limited (Registered number: 08508793)






Contents of the Financial Statements
for the Year Ended 30 April 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


HMS Management Limited

Company Information
for the Year Ended 30 April 2024







DIRECTORS: P L Wheeler
Mrs N A Wheeler





REGISTERED OFFICE: 27 Bidborough Ridge
Bidborough
Tunbridge Wells
Kent
TN4 0UT





REGISTERED NUMBER: 08508793 (England and Wales)





ACCOUNTANTS: Ward Mackenzie Ltd
Thatcher House
12 Mount Ephraim
Tunbridge Wells
Kent
TN4 8AS

HMS Management Limited (Registered number: 08508793)

Balance Sheet
30 April 2024

2024 2023
Notes £    £   
CURRENT ASSETS
Debtors 4 - 2,222,318
Cash at bank 2,236,744 1,203
2,236,744 2,223,521
CREDITORS
Amounts falling due within one year 5 (2,026 ) (48,274 )
NET CURRENT ASSETS 2,234,718 2,175,247
TOTAL ASSETS LESS CURRENT
LIABILITIES

2,234,718

2,175,247

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 6 2,234,618 2,175,147
SHAREHOLDERS' FUNDS 2,234,718 2,175,247

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

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

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 10 September 2024 and were signed on its behalf by:



P L Wheeler - Director


HMS Management Limited (Registered number: 08508793)

Notes to the Financial Statements
for the Year Ended 30 April 2024

1. STATUTORY INFORMATION

HMS Management Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

The presentation currency of the financial statements is the Pound Sterling (£).


2. ACCOUNTING POLICIES

BASIS OF PREPARING THE FINANCIAL STATEMENTS
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

FOREIGN CURRENCIES
Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result.

DEFERRED TAX
Deferred tax is not recognised in respect of all timing differences that have originated but not reversed at the balance sheet date as these are considered immaterial.

INVESTMENTS
Investments in associates and subsidiary undertakings are valued at cost

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2023 - 2 ) .

4. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Amounts owed by intercompany - 2,222,318

The directors consider the carrying value of trade and other receivables approximate to their fair values.

5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade creditors - 47,368
VAT 26 6
Accrued expenses 2,000 900
2,026 48,274

The directors consider the carrying amounts of current liabilities approximate to their fair values.

HMS Management Limited (Registered number: 08508793)

Notes to the Financial Statements - continued
for the Year Ended 30 April 2024

6. RESERVES
Retained
earnings
£   

At 1 May 2023 2,175,147
Profit for the year 59,471
At 30 April 2024 2,234,618

The Profit and loss account comprises all current and prior period retained profit and losses after deducting any distributions made to the company's shareholders. This is a distributable reserve.

7. RELATED PARTY DISCLOSURES

At the year end, there was no amount owed to (2023 - £2,174,950 was owed by) MAP Energy Funding Solutions Limited, a company under common control, out of which no amount (2023 - £47,368) is included in trade creditors, and no amount (2023 - £2,222,318) is included in other debtors.