REGISTERED NUMBER: |
Unaudited Financial Statements |
for the Year Ended 31 March 2024 |
for |
HAYVENHURST MANAGEMENT |
CONSULTANTS LIMITED |
REGISTERED NUMBER: |
Unaudited Financial Statements |
for the Year Ended 31 March 2024 |
for |
HAYVENHURST MANAGEMENT |
CONSULTANTS LIMITED |
HAYVENHURST MANAGEMENT |
CONSULTANTS LIMITED (REGISTERED NUMBER: 03661627) |
Contents of the Financial Statements |
FOR THE YEAR ENDED 31 MARCH 2024 |
Page |
Company Information | 1 |
Balance Sheet | 2 |
Notes to the Financial Statements | 4 |
HAYVENHURST MANAGEMENT |
CONSULTANTS LIMITED |
Company Information |
FOR THE YEAR ENDED 31 MARCH 2024 |
DIRECTORS: |
SECRETARY: |
REGISTERED OFFICE: |
REGISTERED NUMBER: |
HAYVENHURST MANAGEMENT |
CONSULTANTS LIMITED (REGISTERED NUMBER: 03661627) |
Balance Sheet |
31 MARCH 2024 |
2024 | 2023 |
Notes | £ | £ |
FIXED ASSETS |
Investments | 4 |
CURRENT ASSETS |
Debtors | 5 |
Cash at bank |
CREDITORS |
Amounts falling due within one year | 6 | ( |
) | ( |
) |
NET CURRENT ASSETS |
TOTAL ASSETS LESS CURRENT LIABILITIES |
CAPITAL AND RESERVES |
Called up share capital |
Retained earnings |
SHAREHOLDERS' FUNDS |
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. |
HAYVENHURST MANAGEMENT |
CONSULTANTS LIMITED (REGISTERED NUMBER: 03661627) |
Balance Sheet - continued |
31 MARCH 2024 |
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 |
HAYVENHURST MANAGEMENT |
CONSULTANTS LIMITED (REGISTERED NUMBER: 03661627) |
Notes to the Financial Statements |
FOR THE YEAR ENDED 31 MARCH 2024 |
1. | STATUTORY INFORMATION |
Hayvenhurst Management Consultants Limited is a |
2. | ACCOUNTING POLICIES |
Basis of preparing the financial statements |
Turnover |
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. |
Investments in associates |
Investments in associate undertakings are recognised at cost. |
Taxation |
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity. |
Current or deferred taxation assets and liabilities are not discounted. |
Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date. |
Deferred tax |
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date. |
Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference. |
Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. |
3. | EMPLOYEES AND DIRECTORS |
The average number of employees during the year was |
HAYVENHURST MANAGEMENT |
CONSULTANTS LIMITED (REGISTERED NUMBER: 03661627) |
Notes to the Financial Statements - continued |
FOR THE YEAR ENDED 31 MARCH 2024 |
4. | FIXED ASSET INVESTMENTS |
Interest |
in | Other |
associate | investments | Totals |
£ | £ | £ |
COST |
At 1 April 2023 | 115,500 |
Additions | 85,000 |
At 31 March 2024 | 200,500 |
NET BOOK VALUE |
At 31 March 2024 | 200,500 |
At 31 March 2023 | 115,500 |
5. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
2024 | 2023 |
£ | £ |
Other debtors |
6. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
2024 | 2023 |
£ | £ |
Taxation and social security |
Other creditors |
7. | RELATED PARTY DISCLOSURES |
Included in debtors is an amount of £328,745 (2023 - £415,245) which is due from Hayvenhursts Limited a company which Mr P.T. Felman has control over. During the year an interest charge of £26,000 was levied. Also in debtors is an amount of £14,000 (2023 - £14,000) due from Hayvenhursts (Holdings) Limited a company in which Mr P.T. Felman has control over. |
Included in other creditors is an amount of £73,849 (2023 - £81,796). This amount is due to Mr and Mrs P.T. Felman the terms of which are that interest is payable at 10% per annum and the loan is repayable on demand. |
The company provides services at arms length to Forthright Accountancy Limited, Castleton Accountancy Limited, Hayvenhursts Management Limited and Safeguard Accountancy Limited. Mrs C.M. Felman and Mr P.T. Felman are able to exert significant influence over these entities although they do not control the majority of voting rights of any of them. |
Included within creditors is an amount due to Hayvenhursts Management Limited of £40,400 (2023 - £40,400) and due to Hayvenhursts Accountancy of £100 (2023 - £100). |