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REGISTERED NUMBER: 03348892 (England and Wales)















Unaudited Financial Statements for the Year Ended 30 April 2024

for

Handley-Nicholson Consultants Limited

Handley-Nicholson Consultants Limited (Registered number: 03348892)






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




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Handley-Nicholson Consultants Limited

Company Information
for the Year Ended 30 April 2024







DIRECTOR: Janet Handley





SECRETARY: Captain The Reverend Harold Handley





REGISTERED OFFICE: 26 Oakenbrow
Sway
Lymington
Hants
SO41 6DY





REGISTERED NUMBER: 03348892 (England and Wales)






Handley-Nicholson Consultants Limited (Registered number: 03348892)

Balance Sheet
30 April 2024

30.4.24 30.4.23
Notes £    £   
FIXED ASSETS
Property, plant and equipment 4 71 95
Investment property 5 451,300 451,300
451,371 451,395

CURRENT ASSETS
Cash at bank 22,391 20,575

CREDITORS
Amounts falling due within one year 6 (198,507 ) (200,212 )
NET CURRENT LIABILITIES (176,116 ) (179,637 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

275,255

271,758

PROVISIONS FOR LIABILITIES (56,222 ) (56,222 )
NET ASSETS 219,033 215,536

CAPITAL AND RESERVES
Called up share capital 100 100
Fair value reserve 8 246,758 246,758
Retained earnings (27,825 ) (31,322 )
SHAREHOLDERS' FUNDS 219,033 215,536

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 director acknowledges her 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.

Handley-Nicholson Consultants Limited (Registered number: 03348892)

Balance Sheet - continued
30 April 2024


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 director and authorised for issue on 21 December 2024 and were signed by:





Janet Handley - Director


Handley-Nicholson Consultants Limited (Registered number: 03348892)

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

1. STATUTORY INFORMATION

Handley-Nicholson Consultants 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.

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 as modified by the revaluation of certain assets.

Turnover
Turnover represents net sales of services provided, excluding value added tax.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Office equipment - 25% on reducing balance basis.

Investment property
Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

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 1 (2023 - 1 ) .

Handley-Nicholson Consultants Limited (Registered number: 03348892)

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

4. PROPERTY, PLANT AND EQUIPMENT
Office
equipmt
£   
COST
At 1 May 2023
and 30 April 2024 3,849
DEPRECIATION
At 1 May 2023 3,754
Charge for year 24
At 30 April 2024 3,778
NET BOOK VALUE
At 30 April 2024 71
At 30 April 2023 95

5. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 May 2023
and 30 April 2024 451,300
NET BOOK VALUE
At 30 April 2024 451,300
At 30 April 2023 451,300

Fair value at 30 April 2024 is represented by:
£   
Valuation in 2024 451,300

If the investment property had not been revalued it would have been included at the following historical cost:

30.4.24 30.4.23
£    £   
Cost 155,396 155,396

The investment property was valued on an open market basis on 30 April 2023 by Zoopla .

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.4.24 30.4.23
£    £   
Tax 4 -
Directors' current accounts 197,348 199,111
Accrued expenses 1,155 1,101
198,507 200,212

Handley-Nicholson Consultants Limited (Registered number: 03348892)

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

7. SECURED DEBTS

The bank has a legal charge over the investment property limited to £80,000

8. RESERVES
Fair
value
reserve
£   
At 1 May 2023
and 30 April 2024 246,758

9. ULTIMATE CONTROLLING PARTY

The company is under the control of its director who holds 100% of its share capital.