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REGISTERED NUMBER: 10220570 (England and Wales)















Unaudited Financial Statements

for the Period 30 June 2023 to 28 June 2024

for

Rh Consultancy Iow Limited

Rh Consultancy Iow Limited (Registered number: 10220570)






Contents of the Financial Statements
for the Period 30 June 2023 to 28 June 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3

Chartered Certified Accountants' Report 6

Rh Consultancy Iow Limited

Company Information
for the Period 30 June 2023 to 28 June 2024







DIRECTOR: Miss N Gaskin





REGISTERED OFFICE: Unit 6 St Georges Business Centre
St Georges Square
Portsmouth
Hampshire
PO1 3EY





REGISTERED NUMBER: 10220570 (England and Wales)





ACCOUNTANTS: Henry Thomas Advisory
Chartered Certified Accountants
Unit 6
St Georges Square
Portsmouth
Hampshire
PO1 3EY

Rh Consultancy Iow Limited (Registered number: 10220570)

Balance Sheet
28 June 2024

28.6.24 29.6.23
Notes £    £    £    £   
FIXED ASSETS
Investment property 4 1,200,000 1,200,000

CURRENT ASSETS
Debtors 5 - 20,000
Cash at bank 30 1
30 20,001
CREDITORS
Amounts falling due within one year 6 594,211 231,628
NET CURRENT LIABILITIES (594,181 ) (211,627 )
TOTAL ASSETS LESS CURRENT LIABILITIES 605,819 988,373

CREDITORS
Amounts falling due after more than one year 7 - (407,547 )

PROVISIONS FOR LIABILITIES (11,061 ) -
NET ASSETS 594,758 580,826

CAPITAL AND RESERVES
Called up share capital 100 100
Fair value reserve 8 490,345 490,345
Retained earnings 104,313 90,381
594,758 580,826

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 28 June 2024.

The members have not required the company to obtain an audit of its financial statements for the period ended 28 June 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her 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 director and authorised for issue on 28 March 2025 and were signed by:





Miss N Gaskin - Director


Rh Consultancy Iow Limited (Registered number: 10220570)

Notes to the Financial Statements
for the Period 30 June 2023 to 28 June 2024

1. STATUTORY INFORMATION

Rh Consultancy Iow Limited 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.

The presentation currency of the financial statements is the Pound Sterling (£).


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
Rental income represents the fair value of rent received or receivable taking into account the amount of any discounts. Rents are recognised on an accrual basis.

Investment property
Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

Financial instruments
Financial instruments are classified and accounted for, according to the substance of the contractual arrangement, as either financial assets, financial liabilities or equity instruments. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities.

Basic financial assets
Basic financial assets, which include debtors and cash and bank balances, are initially measured at transaction price including transaction costs and subsequently measured at amortised cost using the effective interest
method. Financial assets classified as receivable within one year are not amortised.

Basic financial liabilities
Basic financial liabilities, including trade and other creditors are initially recognised at transaction price. Financial liabilities classified as payable within one year are not amortised.

Equity instruments
Equity instruments issued by the company are recorded at the proceeds received, net of direct issue costs. Dividends payable on equity instruments are recognised as liabilities once they are no longer at the discretion of the company.

Taxation
A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period.

Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the Financial Statements and their inclusion in tax assessments.

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.

Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used.

Current and deferred tax assets and liabilities are not discounted.

Going concern
The directors note that the Company is trading adequately and has sufficiently working capital and other finance available to continue trading for a period of not less than 12 months from the date of signing these financial statements. There are no significant uncertainties in their assessment of whether the business is a going concern and therefore have prepared the accounts on a going concern basis.

Rh Consultancy Iow Limited (Registered number: 10220570)

Notes to the Financial Statements - continued
for the Period 30 June 2023 to 28 June 2024

3. EMPLOYEES AND DIRECTORS

The average number of employees during the period was 1 (2023 - 1 ) .

4. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 30 June 2023
and 28 June 2024 1,200,000
NET BOOK VALUE
At 28 June 2024 1,200,000
At 29 June 2023 1,200,000

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
28.6.24 29.6.23
£    £   
Other debtors - 20,000

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
28.6.24 29.6.23
£    £   
Bank loans and overdrafts 367,599 -
Amounts owed to group undertakings 33,903 23,536
Taxation and social security 3,268 -
Other creditors 189,441 208,092
594,211 231,628

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
28.6.24 29.6.23
£    £   
Bank loans - 407,547

Amounts falling due in more than five years:

Repayable otherwise than by instalments
Bank loans more 5 yrs non-inst - 407,547

8. RESERVES
Fair
value
reserve
£   
At 30 June 2023
and 28 June 2024 490,345

9. RELATED PARTY DISCLOSURES

The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group.

Rh Consultancy Iow Limited (Registered number: 10220570)

Notes to the Financial Statements - continued
for the Period 30 June 2023 to 28 June 2024

10. POST BALANCE SHEET EVENTS

There are no reportable events between the date of the Financial Statements and the date of the signing these Financial Statements.

11. ULTIMATE CONTROLLING PARTY

The ultimate controlling party is Nichole Gaskin by virtue of their shareholding.

Chartered Certified Accountants' Report to the Director
on the Unaudited Financial Statements of
Rh Consultancy Iow Limited

The following reproduces the text of the report prepared for the director in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Director are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Rh Consultancy Iow Limited for the period ended 28 June 2024 which comprise the Income Statement, Balance Sheet and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at http://www.accaglobal.com/rulebook.

This report is made solely to the director of Rh Consultancy Iow Limited in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Rh Consultancy Iow Limited and state those matters that we have agreed to state to the director of Rh Consultancy Iow Limited in this report in accordance with the requirements of the Association of Chartered Certified Accountants as detailed at
https://www.accaglobal.com/content/dam/ACCA_Global/Technical/fact/tf-163-jan-24.pdf.

To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the company and its director for our work or for this report.

It is your duty to ensure that Rh Consultancy Iow Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Rh Consultancy Iow Limited. You consider that Rh Consultancy Iow Limited is exempt from the statutory audit requirement for the period.

We have not been instructed to carry out an audit or a review of the financial statements of Rh Consultancy Iow Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.






Henry Thomas Advisory
Chartered Certified Accountants
Unit 6
St Georges Square
Portsmouth
Hampshire
PO1 3EY


28 March 2025