IRIS Accounts Production v24.3.2.46 12635915 Board of Directors 1.6.23 31.5.24 31.5.24 false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh126359152023-05-31126359152024-05-31126359152023-06-012024-05-31126359152022-05-31126359152022-06-012023-05-31126359152023-05-3112635915ns15:EnglandWales2023-06-012024-05-3112635915ns14:PoundSterling2023-06-012024-05-3112635915ns10:Director12023-06-012024-05-3112635915ns10:PrivateLimitedCompanyLtd2023-06-012024-05-3112635915ns10:SmallEntities2023-06-012024-05-3112635915ns10:AuditExempt-NoAccountantsReport2023-06-012024-05-3112635915ns10:SmallCompaniesRegimeForDirectorsReport2023-06-012024-05-3112635915ns10:SmallCompaniesRegimeForAccounts2023-06-012024-05-3112635915ns10:FullAccounts2023-06-012024-05-3112635915ns10:Director22023-06-012024-05-3112635915ns10:Director42023-06-012024-05-3112635915ns10:RegisteredOffice2023-06-012024-05-3112635915ns5:CurrentFinancialInstruments2024-05-3112635915ns5:CurrentFinancialInstruments2023-05-3112635915ns5:ShareCapital2024-05-3112635915ns5:ShareCapital2023-05-3112635915ns5:RetainedEarningsAccumulatedLosses2024-05-3112635915ns5:RetainedEarningsAccumulatedLosses2023-05-3112635915ns5:ComputerEquipment2023-06-012024-05-3112635915ns5:ComputerEquipment2023-05-3112635915ns5:ComputerEquipment2024-05-3112635915ns5:ComputerEquipment2023-05-3112635915ns5:WithinOneYearns5:CurrentFinancialInstruments2024-05-3112635915ns5:WithinOneYearns5:CurrentFinancialInstruments2023-05-3112635915ns5:WithinOneYear2024-05-3112635915ns5:WithinOneYear2023-05-3112635915ns5:BetweenOneFiveYears2024-05-3112635915ns5:BetweenOneFiveYears2023-05-3112635915ns5:AllPeriods2024-05-3112635915ns5:AllPeriods2023-05-31
REGISTERED NUMBER: 12635915 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 May 2024

for

HM3 CONSULTING LTD

HM3 CONSULTING LTD (REGISTERED NUMBER: 12635915)






Contents of the Financial Statements
FOR THE YEAR ENDED 31 MAY 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


HM3 CONSULTING LTD

Company Information
FOR THE YEAR ENDED 31 MAY 2024







DIRECTORS: Mr A W Mellor
Mr D S Henderson
Mr A R Michie





REGISTERED OFFICE: Marlborough House
298 Regents Park Road
London
N3 2SZ





REGISTERED NUMBER: 12635915 (England and Wales)






HM3 CONSULTING LTD (REGISTERED NUMBER: 12635915)

Balance Sheet
31 MAY 2024

31.5.24 31.5.23
Notes £ £ £ £
FIXED ASSETS
Tangible assets 4 4,251 7,365

CURRENT ASSETS
Debtors 5 489,146 1,157,444
Cash at bank 468,616 646,663
957,762 1,804,107
CREDITORS
Amounts falling due within one year 6 428,715 916,912
NET CURRENT ASSETS 529,047 887,195
TOTAL ASSETS LESS CURRENT
LIABILITIES

533,298

894,560

CAPITAL AND RESERVES
Called up share capital 75 4
Retained earnings 533,223 894,556
533,298 894,560

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 May 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 18 February 2025 and were signed on its behalf by:





Mr A W Mellor - Director


HM3 CONSULTING LTD (REGISTERED NUMBER: 12635915)

Notes to the Financial Statements
FOR THE YEAR ENDED 31 MAY 2024

1. STATUTORY INFORMATION

HM3 Consulting Ltd 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.

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

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Computer equipment - 33% on cost

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.

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 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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 5 (2023 - 4 ) .

HM3 CONSULTING LTD (REGISTERED NUMBER: 12635915)

Notes to the Financial Statements - continued
FOR THE YEAR ENDED 31 MAY 2024

4. TANGIBLE FIXED ASSETS
Computer
equipment
£
COST
At 1 June 2023 17,978
Additions 2,876
At 31 May 2024 20,854
DEPRECIATION
At 1 June 2023 10,613
Charge for year 5,990
At 31 May 2024 16,603
NET BOOK VALUE
At 31 May 2024 4,251
At 31 May 2023 7,365

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.5.24 31.5.23
£ £
Trade debtors 355,836 975,944
Amounts owed by group undertakings 255 -
Other debtors 1,400 1,507
Prepayments and accrued income 131,655 179,993
489,146 1,157,444

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.5.24 31.5.23
£ £
Trade creditors 261,678 452,604
Corporation tax 57,945 80,071
Social security and other taxes 5,325 28,351
Value added tax 2,906 5,258
Other creditors 2,877 12,845
Director's current account 75 45,000
Accruals and deferred income 97,909 292,783
428,715 916,912

7. LEASING AGREEMENTS

Minimum lease payments under non-cancellable operating leases fall due as follows:
31.5.24 31.5.23
£ £
Within one year 5,395 9,108
Between one and five years - 3,795
5,395 12,903

HM3 CONSULTING LTD (REGISTERED NUMBER: 12635915)

Notes to the Financial Statements - continued
FOR THE YEAR ENDED 31 MAY 2024

8. RELATED PARTY DISCLOSURES

Amounts owed by group undertakings of £255 is owed to the Company by another company which is under common control.

The debt has no fixed date for repayment, is repayable on demand and is non-interest bearing.