Company registration number 11857294 (England and Wales)
RPHD CONSULTING LIMITED
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024
PAGES FOR FILING WITH REGISTRAR
RPHD CONSULTING LIMITED
CONTENTS
Page
Balance sheet
1 - 2
Statement of changes in equity
3
Notes to the financial statements
4 - 6
RPHD CONSULTING LIMITED
BALANCE SHEET
AS AT
31 MARCH 2024
31 March 2024
- 1 -
2024
2023
Notes
£
£
£
£
Fixed assets
Tangible assets
3
1,899
3,036
Investments
4
79,486
78,305
81,385
81,341
Current assets
Cash at bank and in hand
23,405
61,200
Creditors: amounts falling due within one year
(27,929)
(27,776)
Net current (liabilities)/assets
(4,524)
33,424
Total assets less current liabilities
76,861
114,765
Provisions for liabilities
(361)
(599)
Net assets
76,500
114,166
Capital and reserves
Called up share capital
100
100
Profit and loss reserves
76,400
114,066
Total equity
76,500
114,166
RPHD CONSULTING LIMITED
BALANCE SHEET (CONTINUED)
AS AT
31 MARCH 2024
31 March 2024
- 2 -

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31st March 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The directors of the company have elected not to include a copy of the profit and loss account within the financial statements.true

The financial statements were approved by the board of directors and authorised for issue on 25 January 2025 and are signed on its behalf by:
Mr. R P Davies
Director
Company registration number 11857294 (England and Wales)
RPHD CONSULTING LIMITED
STATEMENT OF CHANGES IN EQUITY
FOR THE YEAR ENDED 31 MARCH 2024
- 3 -
Share capital
Retained earnings
Total
Notes
£
£
£
Balance at 1 April 2022
100
79,768
79,868
Year ended 31 March 2023:
Profit and total comprehensive income
-
105,298
105,298
Dividends
-
(71,000)
(71,000)
Balance at 31 March 2023
100
114,066
114,166
Year ended 31 March 2024:
Profit and total comprehensive income
-
80,402
80,402
Dividends
-
(118,068)
(118,068)
Balance at 31 March 2024
100
76,400
76,500
RPHD CONSULTING LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024
- 4 -
1
Accounting policies
Company information

RPHD Consulting Limited is a private company limited by shares incorporated in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

1.1
Accounting convention

These financial statements have been prepared in accordance with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. The disclosure requirements of section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The financial statements are prepared in sterling which is the functional currency of the company and are rounded to the nearest £1.

The financial statements have been prepared under the historical cost convention.

1.2
Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebate, value added tax and other sales taxes.

1.3
Tangible fixed assets

Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment losses.

Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following bases:

Fixtures and fittings
20% on reducing balance
Computers
33% on cost

The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is credited or charged to profit or loss.

1.4
Fixed asset investments

Investments are recognised initially at fair value which is normally the transaction price excluding transaction costs. Subsequently, they are measured at fair value through profit or loss if the shares are publicly traded or their fair value can otherwise be measured reliably.

 

The fair value is calculated using the share price at 31st March 2024.

1.5
Cash and cash equivalents

Cash and cash equivalents are basic financial assets and include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities.

1.6
Taxation

The tax expense represents the sum of the tax currently payable and deferred tax.

RPHD CONSULTING LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2024
1
Accounting policies
(Continued)
- 5 -
Current tax

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.

1.7
Retirement benefits

Payments to defined contribution retirement benefit schemes are charged as an expense as they fall due.

1.8

Foreign currencies

Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result.

2
Employees

The average monthly number of persons (including directors) employed by the company during the year was:

2024
2023
Number
Number
Total
2
2
RPHD CONSULTING LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2024
- 6 -
3
Tangible fixed assets
Fixtures and fittings
Computers
Total
£
£
£
Cost
At 1 April 2023 and 31 March 2024
3,485
4,826
8,311
Depreciation and impairment
At 1 April 2023
1,693
3,582
5,275
Depreciation charged in the year
358
779
1,137
At 31 March 2024
2,051
4,361
6,412
Carrying amount
At 31 March 2024
1,434
465
1,899
At 31 March 2023
1,792
1,244
3,036
4
Fixed asset investments
2024
2023
£
£
Other investments other than loans
79,486
78,305
Movements in fixed asset investments
Investments
£
Cost or valuation
At 1 April 2023
78,305
Additions
1,155
Valuation changes
26
At 31 March 2024
79,486
Carrying amount
At 31 March 2024
79,486
At 31 March 2023
78,305
5
Directors' transactions

Dividends totalling £118,068 (2023 - £71,000) were paid in the year in respect of shares held by the company's directors.

The total aggregated directors' credits during the year was £98 (2023;£1,323) and the balance outstanding to director at the year end was nil (2023: £98)

 

The above loans from directors are unsecured, interest free and repayable on demand.

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