IRIS Accounts Production v24.3.2.46 03321717 Board of Directors 1.1.24 31.12.24 31.12.24 false true false false true false Fair value model Ordinary 1.00000 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh033217172023-12-31033217172024-12-31033217172024-01-012024-12-31033217172022-12-31033217172023-01-012023-12-31033217172023-12-3103321717ns15:EnglandWales2024-01-012024-12-3103321717ns14:PoundSterling2024-01-012024-12-3103321717ns10:Director12024-01-012024-12-3103321717ns10:PrivateLimitedCompanyLtd2024-01-012024-12-3103321717ns10:SmallEntities2024-01-012024-12-3103321717ns10:AuditExempt-NoAccountantsReport2024-01-012024-12-3103321717ns10:SmallCompaniesRegimeForDirectorsReport2024-01-012024-12-3103321717ns10:SmallCompaniesRegimeForAccounts2024-01-012024-12-3103321717ns10:FullAccounts2024-01-012024-12-3103321717ns10:OrdinaryShareClass12024-01-012024-12-3103321717ns10:Director22024-01-012024-12-3103321717ns10:RegisteredOffice2024-01-012024-12-3103321717ns5:CurrentFinancialInstruments2024-12-3103321717ns5:CurrentFinancialInstruments2023-12-3103321717ns5:ShareCapital2024-12-3103321717ns5:ShareCapital2023-12-3103321717ns5:FurtherSpecificReserve3ComponentTotalEquity2024-12-3103321717ns5:FurtherSpecificReserve3ComponentTotalEquity2023-12-3103321717ns5:RetainedEarningsAccumulatedLosses2024-12-3103321717ns5:RetainedEarningsAccumulatedLosses2023-12-3103321717ns5:FurnitureFittings2024-01-012024-12-3103321717ns5:FurnitureFittings2023-12-3103321717ns5:FurnitureFittings2024-12-3103321717ns5:FurnitureFittings2023-12-3103321717ns5:CostValuation2023-12-3103321717ns5:RevaluationsIncreaseDecreaseInInvestments2024-12-3103321717ns5:CostValuation2024-12-3103321717ns5:WithinOneYearns5:CurrentFinancialInstruments2024-12-3103321717ns5:WithinOneYearns5:CurrentFinancialInstruments2023-12-3103321717ns5:DeferredTaxation2023-12-3103321717ns5:DeferredTaxation2024-01-012024-12-3103321717ns5:DeferredTaxation2024-12-3103321717ns10:OrdinaryShareClass12024-12-3103321717ns5:FurtherSpecificReserve3ComponentTotalEquity2023-12-31
REGISTERED NUMBER: 03321717 (England and Wales)












Hind Consultancy Services Limited

Unaudited Financial Statements

for the Year Ended 31 December 2024






Hind Consultancy Services Limited (Registered number: 03321717)






Contents of the Financial Statements
for the Year Ended 31 December 2024




Page

Company information 1

Balance sheet 2

Notes to the financial statements 4


Hind Consultancy Services Limited

Company Information
for the Year Ended 31 December 2024







Directors: N D Hind
Mrs L Hind





Registered office: Tower House
Nursery Lane
Harrogate
North Yorkshire
HG2 0AZ





Registered number: 03321717 (England and Wales)





Accountants: Warr & Co Limited
Chartered Accountants
Mynshull House
78 Churchgate
Stockport
Cheshire
SK1 1YJ

Hind Consultancy Services Limited (Registered number: 03321717)

Balance Sheet
31 December 2024

31.12.24 31.12.23
Notes £    £    £    £   
Fixed assets
Tangible assets 4 3,247 4,329
Investments 5 74,445 63,462
Investment property 6 720,000 720,000
797,692 787,791

Current assets
Debtors 7 9,570 26,626
Investments 8 95 127
Cash at bank 50,370 66,566
60,035 93,319
Creditors
Amounts falling due within one year 9 22,628 30,406
Net current assets 37,407 62,913
Total assets less current liabilities 835,099 850,704

Provisions for liabilities 10 29,511 26,773
Net assets 805,588 823,931

Capital and reserves
Called up share capital 11 2 2
Fair value reserve 12 200,849 192,636
Retained earnings 604,737 631,293
Shareholders' funds 805,588 823,931

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 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.

Hind Consultancy Services Limited (Registered number: 03321717)

Balance Sheet - continued
31 December 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 Board of Directors and authorised for issue on 23 January 2025 and were signed on its behalf by:





N D Hind - Director


Hind Consultancy Services Limited (Registered number: 03321717)

Notes to the Financial Statements
for the Year Ended 31 December 2024

1. Statutory information

Hind Consultancy Services 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 is measured at the fair value of the consideration received or receivable, 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.
Fixtures and fittings - 25% on reducing balance

Investment property
Investment properties are initially measured at cost and subsequently measured at fair value. Changes in fair value are recognised in profit or loss.

The Companies Act 2006 requires all properties to be depreciated. However, this requirement conflicts with the generally accepted accounting principle set out in FRS 102. The director considers that, because investment properties are not held for consumption, but for their investment potential, to depreciate them would not give a true and fair view.

If this departure from the Companies Act 2006 had not been made in order to give a true and fair view, the profit for the financial year would have been reduced by depreciation. However the amount of depreciation cannot reasonably be quantified, because depreciation is only one of many factors reflected in the annual valuation and the amount relating to the depreciation of the property cannot be separately identified.

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.


Hind Consultancy Services Limited (Registered number: 03321717)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2024

2. Accounting policies - continued
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.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits
The company does not operate a company pension scheme but makes contributions to a personal pension scheme of the director. Contributions payable for the year are charged in the profit and loss account.

Fixed and current asset investments
Fixed and current asset investments are stated at fair value. Changes in fair value are recognised in profit or loss.

3. Employees and directors

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

4. Tangible fixed assets
Fixtures
and
fittings
£   
Cost
At 1 January 2024
and 31 December 2024 20,160
Depreciation
At 1 January 2024 15,831
Charge for year 1,082
At 31 December 2024 16,913
Net book value
At 31 December 2024 3,247
At 31 December 2023 4,329

Hind Consultancy Services Limited (Registered number: 03321717)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2024

5. Fixed asset investments
Other
investments
£   
Cost or valuation
At 1 January 2024 63,462
Valuation changes 10,983
At 31 December 2024 74,445
Net book value
At 31 December 2024 74,445
At 31 December 2023 63,462


6. Investment property
Total
£   
Fair value
At 1 January 2024
and 31 December 2024 720,000
Net book value
At 31 December 2024 720,000
At 31 December 2023 720,000

Fair value at 31 December 2024 is represented by:
£   
Valuation in 2024 720,000

If the investment properties had not been revalued they would have been included at the following historical cost:

31.12.24 31.12.23
£    £   
Cost 526,050 526,050

The investment properties were valued on an open market basis basis on 31 December 2024 by the director .

Hind Consultancy Services Limited (Registered number: 03321717)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2024

7. Debtors: amounts falling due within one year
31.12.24 31.12.23
£    £   
Trade debtors 9,570 1,226
Accrued income - 25,400
9,570 26,626

8. Current asset investments
31.12.24 31.12.23
£    £   
Listed investments 95 127

9. Creditors: amounts falling due within one year
31.12.24 31.12.23
£    £   
Corporation tax 447 23,900
VAT 7,644 4,017
Directors' current accounts 12,962 987
Accrued expenses 1,575 1,502
22,628 30,406

10. Provisions for liabilities
31.12.24 31.12.23
£    £   
Deferred tax 29,511 26,773

Deferred
tax
£   
Balance at 1 January 2024 26,773
Provided during year 2,738
Balance at 31 December 2024 29,511

11. Called up share capital

Allotted, issued and fully paid:
Number: Class: Nominal 31.12.24 31.12.23
value: £    £   
2 Ordinary £1 2 2

Hind Consultancy Services Limited (Registered number: 03321717)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2024

12. Reserves
Fair
value
reserve
£   
At 1 January 2024 192,636
Transfer from retained earnings 8,213

At 31 December 2024 200,849