Registered number
12072004
Mark NH Consulting Ltd
Unaudited Filleted Accounts
30 June 2024
Mark NH Consulting Ltd
Registered number: 12072004
Balance Sheet
as at 30 June 2024
Notes 2024 2023
£ £
Fixed assets
Tangible assets 3 52,075 63,279
Current assets
Debtors 4 251,357 473,349
Cash at bank and in hand 73,013 30,203
324,370 503,552
Creditors: amounts falling due within one year 5 (243,850) (247,465)
Net current assets 80,520 256,087
Total assets less current liabilities 132,595 319,366
Creditors: amounts falling due after more than one year 6 (39,619) (47,656)
Provisions for liabilities (12,165) (12,909)
Net assets 80,811 258,801
Capital and reserves
Called up share capital 2 2
Profit and loss account 80,809 258,799
Shareholder's funds 80,811 258,801
The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The member has not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.
Mr M Hanson
Director
Approved by the board on 29 April 2025
Mark NH Consulting Ltd
Notes to the Accounts
for the year ended 30 June 2024
1 Accounting policies
Basis of preparation
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard). The financial statements are presented in sterling which is the functional currency of the company and are rounded to the nearest £.
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 rendering of services. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract.
Tangible fixed assets
Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:
Plant and machinery over 4 years
Motor Vehciles 20% reducing balance
Debtors and creditors receivable/payable within one year
Debtors and creditors with no stated interest rate and receivable and payable within one year are recorded at transaction price. Any losses from impairment are recognised in the profit and loss account in other administrative expenses.
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.
Provisions
Provisions (ie liabilities of uncertain timing or amount) are recognised when there is an obligation at the reporting date as a result of a past event, it is probable that economic benefit will be transferred to settle the obligation and the amount of the obligation can be estimated reliably.
2 Employees 2024 2023
Number Number
Average number of persons employed by the company 2 2
3 Tangible fixed assets
Plant and machinery etc Motor vehicles Total
£ £ £
Cost
At 1 July 2023 7,241 75,860 83,101
Additions 2,528 - 2,528
At 30 June 2024 9,769 75,860 85,629
Depreciation
At 1 July 2023 4,650 15,172 19,822
Charge for the year 1,594 12,138 13,732
At 30 June 2024 6,244 27,310 33,554
Net book value
At 30 June 2024 3,525 48,550 52,075
At 30 June 2023 2,591 60,688 63,279
4 Debtors 2024 2023
£ £
Trade debtors 6,000 130,000
Other debtors 245,357 343,349
251,357 473,349
5 Creditors: amounts falling due within one year 2024 2023
£ £
Obligations under finance lease and hire purchase contracts 9,866 11,039
Trade creditors 70,831 148,557
Taxation and social security costs 83,269 73,586
Other creditors 79,884 14,283
243,850 247,465
6 Creditors: amounts falling due after one year 2024 2023
£ £
Obligations under finance lease and hire purchase contracts 39,619 47,656
7 Loans to directors
Description and conditions B/fwd Paid Repaid C/fwd
£ £ £ £
Directors
Interest charged at HMRC's official rate, repayable on demand 278,723 232,344 (283,565) 227,502
278,723 232,344 (283,565) 227,502
8 Other information
Mark NH Consulting Ltd is a private company limited by shares and incorporated in England. Its registered office is:
5 Providence Court
Pynes Hill
Exeter
Devon
EX2 5JL
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