2023-09-01 14271933 2024-08-31 14271933 2023-09-01 2024-08-31 14271933 2023-08-31 14271933 2022-08-02 2023-08-31 14271933 uk-core:WithinOneYear 2023-08-31 14271933 uk-core:WithinOneYear 2024-08-31 14271933 uk-core:AfterOneYear 2023-08-31 14271933 uk-core:AfterOneYear 2024-08-31 14271933 uk-core:ShareCapital 2024-08-31 14271933 uk-core:ShareCapital 2023-08-31 14271933 uk-core:RetainedEarningsAccumulatedLosses 2024-08-31 14271933 uk-core:RetainedEarningsAccumulatedLosses 2023-08-31 14271933 uk-bus:Director1 2023-09-01 2024-08-31 14271933 uk-core:PlantMachinery 2023-09-01 2024-08-31 14271933 uk-core:ComputerEquipment 2023-09-01 2024-08-31 14271933 uk-core:MotorVehicles 2023-09-01 2024-08-31 14271933 uk-core:ComputerEquipment 2023-08-31 14271933 uk-core:MotorVehicles 2023-08-31 14271933 uk-core:PlantMachinery 2023-08-31 14271933 uk-core:PlantMachinery 2024-08-31 14271933 uk-core:MotorVehicles 2024-08-31 14271933 uk-core:ComputerEquipment 2024-08-31 14271933 uk-core:WithinOneYear 2024-08-31 14271933 uk-core:WithinOneYear 2023-08-31 14271933 uk-core:AfterOneYear uk-core:Secured 2024-08-31 14271933 uk-core:AfterOneYear uk-core:Secured 2023-08-31 14271933 2 uk-bus:Director1 2023-09-01 2024-08-31 14271933 2 uk-bus:Director1 2024-08-31 14271933 2 uk-bus:Director1 2023-08-31 iso4217:GBP xbrli:pure 14271933 uk-bus:AuditExemptWithAccountantsReport 2023-09-01 2024-08-31 14271933 uk-bus:FRS102 2023-09-01 2024-08-31 14271933 uk-bus:FilletedAccounts 2023-09-01 2024-08-31 14271933 uk-bus:PrivateLimitedCompanyLtd 2023-09-01 2024-08-31
Hms Independent Limited
Registered Number:14271933
For the year ended 31 August 2024
England and Wales
Unaudited Financial Statements
2
For the year ended 31 August 2024
Hms Independent Limited
Contents Page
1
Statement of Financial Position
2 to 5
Notes to the Financial Statements
3
Registered Number :
14271933
As at 31 August 2024
Hms Independent Limited
Statement of Financial Position
£
£
2023
2024
Notes
Fixed assets
Property, plant and equipment
15,014
20,983
2
15,014
20,983
Current assets
Inventories
12,625
4,000
3
Trade and other receivables
18,097
45,265
4
81
Cash and cash equivalents
-
49,265
30,803
Trade and other payables: amounts falling due within one
year
(44,084)
(39,707)
5
(13,281)
9,558
Net current assets
Total assets less current liabilities
24,572
7,702
Trade and other payables: amounts falling due after more
than one year
(30,081)
(24,119)
6
453
Net assets/liabilities
(22,379)
Capital and reserves
Called up share capital
100
100
Retained earnings
353
(22,479)
453
(22,379)
Shareholders' funds
For the year ended 31 August 2024 the company was entitled to exemption from audit under Section 477 of the Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit of its financial statements for the year ended 31 August 2024 in accordance with Section 476 of the Companies Act 2006
The director acknowledges his responsibilities for:a) ensuring that the company keeps proper 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 Section
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.
In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.
The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
Mr Leon Robert George Humes Director
These financial statements were approved and authorised for issue by the Board on 28 February 2025 and were signed by:
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4
Registered Number :
14271933
For the year ended 31 August 2024
Hms Independent Limited
Statement of Financial Position Continued
The notes form part of these financial statements
2 of 5
5
For the year ended 31 August 2024
Hms Independent Limited
Notes to the Financial Statements
Statutory Information
Hms Independent Limited is a private limited company, limited by shares, domiciled in England and Wales, registration
number 14271933.
Registered address:
C/O Bta, Suite B Stable Block, Bradbourne House
East Malling
West Malling
Kent
ME19 6DZ
The presentation currency is £ sterling.
1. Accounting policies
Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section 1A of Financial
Reporting Standard 102 ''The Financial Reporting Standard applicable in the UK and Republic of Ireland'' and the
Companies Act 2006. The financial statements have been prepared under the historical costs convention as
modified by the revaluation of certain assets.
Revenue recognition
Turnover is measured at the fair value of the consideration received or receivable, excluding value added tax, formotor repairs and maintenance.
Property, plant and equipment
Property, plant and equipment, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:
Plant and Machinery
25% Reducing balance
25% Reducing balance
Computer Equipment
25% Reducing balance
Motor Vehicles
Inventories
Inventories are value at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.
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6
For the year ended 31 August 2024
Hms Independent Limited
Notes to the Financial Statements Continued
2. Property, plant and equipment
Total
Computer
Equipment
Motor Vehicles
Plant and
Machinery
£
£
£
£
Cost or
valuation
At 01 September 2023
27,977
-
8,995
18,982
5,781
220
-
5,561
Additions
-
(8,995)
-
Disposals
(8,995)
At 31 August 2024
24,543
-
220
24,763
Provision for depreciation and impairment
At 01 September 2023
6,994
-
2,249
4,745
Charge for year
5,004
55
-
4,949
(2,249)
-
(2,249)
-
On disposal
At 31 August 2024
9,749
55
-
9,694
At 31 August 2024
Net book value
14,849
-
165
15,014
At 31 August 2023
14,237
6,746
-
20,983
3. Inventories
2023
2024
£
£
Stocks
4,000
12,625
4. Trade and other receivables
2023
2024
£
£
Trade debtors
40,508
18,097
Other debtors
4,757
-
18,097
45,265
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7
For the year ended 31 August 2024
Hms Independent Limited
Notes to the Financial Statements Continued
5. Trade and other payables: amounts falling due within one year
2023
2024
£
£
Bank loans and overdraft
15,488
3,936
Trade creditors
9,733
926
Taxation and social security
12,986
8,387
Other creditors
1,500
30,835
39,707
44,084
6. Trade and other payables: amounts falling due after more than one year
2023
2024
£
£
Bank loans and overdraft
24,119
30,081
7. Directors advances and guarantees
At 01/09/2023
Loaned
Repaid
At 31/08/2024
£
£
£
£
Mr Leon Robert George Humes
Directors Loan Account
4,578
(30,835)
69,741
34,328
4,578
(30,835)
69,741
34,328
8. Average number of persons employed
During the year the average number of employees was 2 (2023 : 1)
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