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Company Registration No. 11208776 (England and Wales)
HRG CONSULTANCY LTD Unaudited accounts for the year ended 29 February 2024
HRG CONSULTANCY LTD Unaudited accounts Contents
Page
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HRG CONSULTANCY LTD Company Information for the year ended 29 February 2024
Directors
Helen Mary Gorrod Richard George Gorrod
Company Number
11208776 (England and Wales)
Registered Office
C/O COLES ACCOUNTING (CAMBRIDGE) LIMITED NEWTON CAMBRIDGE CB22 7ZE ENGLAND
Accountants
Coles Accounting (Cambridge) Limited Newton Hall Town Street, Newton Cambridge Cambridgeshire CB22 7ZE
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HRG CONSULTANCY LTD Statement of financial position as at 29 February 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
169 
336 
Current assets
Debtors
1,150 
1,150 
Cash at bank and in hand
4,999 
16,318 
6,149 
17,468 
Creditors: amounts falling due within one year
(4,286)
(5,307)
Net current assets
1,863 
12,161 
Net assets
2,032 
12,497 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
1,932 
12,397 
Shareholders' funds
2,032 
12,497 
For the year ending 29 February 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 directors acknowledge their 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 of Directors and authorised for issue on 4 November 2024 and were signed on its behalf by
Helen Mary Gorrod Director Company Registration No. 11208776
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HRG CONSULTANCY LTD Notes to the Accounts for the year ended 29 February 2024
1
Statutory information
HRG CONSULTANCY LTD is a private company, limited by shares, registered in England and Wales, registration number 11208776. The registered office is C/O COLES ACCOUNTING (CAMBRIDGE) LIMITED, NEWTON, CAMBRIDGE, CB22 7ZE, ENGLAND.
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
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.
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.
Taxation
Tax is recognised in the Statement of Income and Retained Earnings except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively. The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the balance sheet date in the countries where the Company operates and generates income.
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:
Computer equipment
25% straight line
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HRG CONSULTANCY LTD Notes to the Accounts for the year ended 29 February 2024
4
Tangible fixed assets
Computer equipment 
£ 
Cost or valuation
At cost 
At 1 March 2023
670 
At 29 February 2024
670 
Depreciation
At 1 March 2023
334 
Charge for the year
167 
At 29 February 2024
501 
Net book value
At 29 February 2024
169 
At 28 February 2023
336 
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Other debtors
1,150 
1,150 
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Taxes and social security
3,186 
4,423 
Loans from directors
500 
284 
Accruals
600 
600 
4,286 
5,307 
7
Average number of employees
During the year the average number of employees was 2 (2023: 2).
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