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Company Registration No. 13961710 (England and Wales)
HPS CONSULT LTD Unaudited accounts for the year ended 31 March 2024
HPS CONSULT LTD Unaudited accounts Contents
Page
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HPS CONSULT LTD Company Information for the year ended 31 March 2024
Director
Stuart Hasler
Company Number
13961710 (England and Wales)
Registered Office
UNIT 14, ENTERPRISE CENTRE LINK WALK EASTFIELD SCARBOROUGH YO11 3LR ENGLAND
Accountants
Kate Dodd Accounting Services 4 Warren Lane Witham St Hughs Lincoln LN6 9US
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HPS CONSULT LTD Statement of financial position as at 31 March 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
4,368 
2,502 
Current assets
Debtors
121,215 
33,551 
Cash at bank and in hand
19,635 
54,299 
140,850 
87,850 
Creditors: amounts falling due within one year
(44,969)
(28,196)
Net current assets
95,881 
59,654 
Net assets
100,249 
62,156 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
100,149 
62,056 
Shareholders' funds
100,249 
62,156 
For the year ending 31 March 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 31 January 2025 and were signed on its behalf by
Stuart Hasler Director Company Registration No. 13961710
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HPS CONSULT LTD Notes to the Accounts for the year ended 31 March 2024
1
Statutory information
HPS CONSULT LTD is a private company, limited by shares, registered in England and Wales, registration number 13961710. The registered office is UNIT 14, ENTERPRISE CENTRE LINK WALK, EASTFIELD, SCARBOROUGH, YO11 3LR, 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.
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
15% Reducing Balance
Computer equipment
Straight Line over 3 years
Deferred taxation
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws. Deferred tax assets and liabilities are not discounted.
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 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.
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HPS CONSULT LTD Notes to the Accounts for the year ended 31 March 2024
4
Tangible fixed assets
Fixtures & fittings 
Computer equipment 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 April 2023
- 
3,753 
3,753 
Additions
2,500 
1,488 
3,988 
At 31 March 2024
2,500 
5,241 
7,741 
Depreciation
At 1 April 2023
- 
1,251 
1,251 
Charge for the year
375 
1,747 
2,122 
At 31 March 2024
375 
2,998 
3,373 
Net book value
At 31 March 2024
2,125 
2,243 
4,368 
At 31 March 2023
- 
2,502 
2,502 
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Trade debtors
75,497 
28,800 
Other debtors
45,718 
4,751 
121,215 
33,551 
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
VAT
6,768 
1,957 
Trade creditors
9,000 
- 
Taxes and social security
28,451 
24,480 
Accruals
750 
1,759 
44,969 
28,196 
7
Loans to directors
Brought Forward 
Advance/ credit 
Repaid 
Carried Forward 
£ 
£ 
£ 
£ 
Stuart Hasler
Directors Loan
4,751 
40,677 
4,751 
40,677 
4,751 
40,677 
4,751 
40,677 
8
Average number of employees
During the year the average number of employees was 2 (2023: 2).
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