Acorah Software Products - Accounts Production 16.1.300 false true false 14 June 2023 30 June 2024 30 June 2024 14934629 Dr Vincent Yip iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 14934629 2023-06-13 14934629 2024-06-30 14934629 2023-06-14 2024-06-30 14934629 frs-core:CurrentFinancialInstruments 2024-06-30 14934629 frs-core:Non-currentFinancialInstruments 2024-06-30 14934629 frs-core:MotorVehicles 2024-06-30 14934629 frs-core:MotorVehicles 2023-06-14 2024-06-30 14934629 frs-core:MotorVehicles 2023-06-13 14934629 frs-core:PlantMachinery 2024-06-30 14934629 frs-core:PlantMachinery 2023-06-14 2024-06-30 14934629 frs-core:PlantMachinery 2023-06-13 14934629 frs-core:ShareCapital 2024-06-30 14934629 frs-core:RetainedEarningsAccumulatedLosses 2024-06-30 14934629 frs-bus:PrivateLimitedCompanyLtd 2023-06-14 2024-06-30 14934629 frs-bus:FilletedAccounts 2023-06-14 2024-06-30 14934629 frs-bus:SmallEntities 2023-06-14 2024-06-30 14934629 frs-bus:AuditExempt-NoAccountantsReport 2023-06-14 2024-06-30 14934629 frs-bus:SmallCompaniesRegimeForAccounts 2023-06-14 2024-06-30 14934629 frs-bus:Director1 2023-06-14 2024-06-30 14934629 frs-countries:EnglandWales 2023-06-14 2024-06-30
Registered number: 14934629
Hillpark Consulting Limited
Unaudited Financial Statements
For the Period 14 June 2023 to 30 June 2024
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: 14934629
30 June 2024
Notes £ £
FIXED ASSETS
Tangible Assets 4 45,598
45,598
CURRENT ASSETS
Cash at bank and in hand 22,187
22,187
Creditors: Amounts Falling Due Within One Year 5 (4,468 )
NET CURRENT ASSETS (LIABILITIES) 17,719
TOTAL ASSETS LESS CURRENT LIABILITIES 63,317
Creditors: Amounts Falling Due After More Than One Year 6 (720 )
PROVISIONS FOR LIABILITIES
Deferred Taxation (8,663 )
NET ASSETS 53,934
CAPITAL AND RESERVES
Called up share capital 7 1
Profit and Loss Account 53,933
SHAREHOLDERS' FUNDS 53,934
Page 1
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For the period ending 30 June 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The member has 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.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
On behalf of the board
Dr Vincent Yip
Director
11/10/2024
The notes on pages 3 to 4 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
Hillpark Consulting Limited is a private company, limited by shares, incorporated in England & Wales, registered number 14934629 . The registered office is 30 Union Street, Southport, PR9 0QE.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
2.2. Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the rendering of services.
Rendering of services
Turnover from the rendering of services is recognised by reference to the number of hours of services supplied.
2.3. Tangible Fixed Assets and Depreciation
Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
Plant & Machinery 25% on reducing balance
Motor Vehicles 25% on reducing balance
2.4. Taxation
Income tax expense represents the sum of the tax currently payable and deferred tax.
The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.
Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable profits will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.
Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and assets reflect the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities.
Current or deferred tax for the year is recognised in profit or loss, except when they related to items that are recognised in other comprehensive income or directly in equity, in which case, the current and deferred tax is also recognised in other comprehensive income or directly in equity respectively.
3. Average Number of Employees
Average number of employees, including directors, during the period was: 1
1
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4. Tangible Assets
Plant & Machinery Motor Vehicles Total
£ £ £
Cost
As at 14 June 2023 - - -
Additions 809 59,990 60,799
As at 30 June 2024 809 59,990 60,799
Depreciation
As at 14 June 2023 - - -
Provided during the period 203 14,998 15,201
As at 30 June 2024 203 14,998 15,201
Net Book Value
As at 30 June 2024 606 44,992 45,598
As at 14 June 2023 - - -
5. Creditors: Amounts Falling Due Within One Year
30 June 2024
£
Other creditors 435
Taxation and social security 4,033
4,468
6. Creditors: Amounts Falling Due After More Than One Year
30 June 2024
£
Other creditors 720
7. Share Capital
30 June 2024
£
Allotted, Called up and fully paid 1
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