Company Registration No. 04076919 (England and Wales)
Hailwood Consultancy Limited
Unaudited accounts
for the year ended 30 September 2024
Hailwood Consultancy Limited
Unaudited accounts
Contents
Hailwood Consultancy Limited
Company Information
for the year ended 30 September 2024
Company Number
04076919 (England and Wales)
Registered Office
2 Crabthorn Farm Lane
Hill Head
Fareham
PO14 3HH
Accountants
Taxsense
203 West Street
Fareham
Hants
PO16 0EN
Hailwood Consultancy Limited
Accountants' report
Accountants' report to the director of Hailwood Consultancy Limited on the preparation of the unaudited statutory accounts for the year ended 30 September 2024
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of
Hailwood Consultancy Limited for the year ended
30 September 2024 as set out on pages
5 -
7 from the company's accounting records and from information and explanations you have given us.
This report is made solely to the Board of Directors of Hailwood Consultancy Limited, as a body, in accordance with the terms of our engagement. Our work has been undertaken solely to prepare for your approval the accounts of Hailwood Consultancy Limited and state those matters that we have agreed to state to them, as a body, in this report. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Hailwood Consultancy Limited and its Board of Directors as a body for our work or for this report.
It is your duty to ensure that Hailwood Consultancy Limited has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit of Hailwood Consultancy Limited. You consider that Hailwood Consultancy Limited is exempt from the statutory audit requirement for the year.
We have not been instructed to carry out an audit or a review of the accounts of Hailwood Consultancy Limited. 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 accounts.
Taxsense
203 West Street
Fareham
Hants
PO16 0EN
8 November 2024
Hailwood Consultancy Limited
Statement of financial position
as at 30 September 2024
Tangible assets
5,070
6,247
Cash at bank and in hand
247,154
320,854
Creditors: amounts falling due within one year
(7,806)
(29,296)
Net current assets
240,983
296,340
Net assets
246,053
302,587
Called up share capital
2
2
Profit and loss account
246,051
302,585
Shareholders' funds
246,053
302,587
For the year ending 30 September 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered 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 profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 8 November 2024 and were signed on its behalf by
Paul Hailwood
Director
Company Registration No. 04076919
Hailwood Consultancy Limited
Notes to the Accounts
for the year ended 30 September 2024
Hailwood Consultancy Limited is a private company, limited by shares, registered in England and Wales, registration number 04076919. The registered office is 2 Crabthorn Farm Lane, Hill Head, Fareham, PO14 3HH.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Fixtures & fittings
25% on reducing balance
Computer equipment
25% on reducing balance
4
Tangible fixed assets
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At 1 October 2023
2,914
5,566
8,480
At 30 September 2024
3,388
5,566
8,954
At 1 October 2023
1,405
828
2,233
Charge for the year
466
1,185
1,651
At 30 September 2024
1,871
2,013
3,884
At 30 September 2024
1,517
3,553
5,070
At 30 September 2023
1,509
4,738
6,247
Amounts falling due within one year
Hailwood Consultancy Limited
Notes to the Accounts
for the year ended 30 September 2024
6
Creditors: amounts falling due within one year
2024
2023
Trade creditors
1,208
9,298
Taxes and social security
4,539
12,665
Loans from directors
1,040
765
Brought
Forward
Advance/
credit
Repaid
Carried
Forward
Director Loan Account
(765)
(1,040)
(765)
(1,040)
8
Average number of employees
During the year the average number of employees was 2 (2023: 2).