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REGISTERED NUMBER: SC584452 (Scotland)















TRACY HUGHES CONSULTING LIMITED

UNAUDITED FINANCIAL STATEMENTS

FOR THE PERIOD 1 JANUARY 2023 TO 30 JUNE 2024






TRACY HUGHES CONSULTING LIMITED (REGISTERED NUMBER: SC584452)

CONTENTS OF THE FINANCIAL STATEMENTS
For The Period 1 January 2023 to 30 June 2024










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


TRACY HUGHES CONSULTING LIMITED

COMPANY INFORMATION
For The Period 1 January 2023 to 30 June 2024







DIRECTORS: T Hughes
G J G Hughes





REGISTERED OFFICE: 16 Royal Crescent
Glasgow
G3 7SL





REGISTERED NUMBER: SC584452 (Scotland)





ACCOUNTANTS: Benham Conway & Co
16 Royal Crescent
Glasgow
G3 7SL

TRACY HUGHES CONSULTING LIMITED (REGISTERED NUMBER: SC584452)

BALANCE SHEET
30 June 2024

30.6.24 31.12.22
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 - 400

CURRENT ASSETS
Debtors 5 9,715 6,518
Cash at bank 6,992 10,102
16,707 16,620
CREDITORS
Amounts falling due within one year 6 5,598 6,710
NET CURRENT ASSETS 11,109 9,910
TOTAL ASSETS LESS CURRENT
LIABILITIES

11,109

10,310

CAPITAL AND RESERVES
Called up share capital 1 1
Retained earnings 11,108 10,309
SHAREHOLDERS' FUNDS 11,109 10,310

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 30 June 2024.

The members have not required the company to obtain an audit of its financial statements for the period ended 30 June 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.

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 4 February 2025 and were signed on its behalf by:





T Hughes - Director


TRACY HUGHES CONSULTING LIMITED (REGISTERED NUMBER: SC584452)

NOTES TO THE FINANCIAL STATEMENTS
For The Period 1 January 2023 to 30 June 2024


1. STATUTORY INFORMATION

Tracy Hughes Consulting Limited is a private company, limited by shares , registered in Scotland. 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.

Turnover
Turnover represents services provided in the year, excluding value added tax.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off the cost less estimated residual value of each asset over its estimated useful life.
Plant and machinery etc - 33% on cost and 25% on cost

Government grants
Government grants in respect of revenue expenditure are credited to the profit and loss account in the period to which they relate.

Taxation
Taxation for the year comprises current 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 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.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

Going concern
The accounts have not been prepared on a going concern basis as the company has ceased trading.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the period was 2 (2022 - 2 ) .

TRACY HUGHES CONSULTING LIMITED (REGISTERED NUMBER: SC584452)

NOTES TO THE FINANCIAL STATEMENTS - continued
For The Period 1 January 2023 to 30 June 2024


4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 January 2023 1,163
Disposals (1,163 )
At 30 June 2024 -
DEPRECIATION
At 1 January 2023 763
Charge for period 300
Eliminated on disposal (1,063 )
At 30 June 2024 -
NET BOOK VALUE
At 30 June 2024 -
At 31 December 2022 400

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.6.24 31.12.22
£    £   
Trade debtors 8,715 4,018
Other debtors 1,000 2,500
9,715 6,518

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.6.24 31.12.22
£    £   
Taxation and social security 3,805 5,414
Other creditors 1,793 1,296
5,598 6,710

7. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

At 30 June 2024 the company had provided an interest free loan to the company's director of £1,000 (31 December 2022, £0). There are no fixed repayment terms for this loan which is included in other debtors.