HSR Consulting Services Limited Filleted accounts for Companies House (small and micro)

COMPANY REGISTRATION NUMBER: 13665369

HSR CONSULTING SERVICES LIMITED

FILLETED UNAUDITED FINANCIAL STATEMENTS

FOR THE PERIOD ENDED

30 October 2024

HSR CONSULTING SERVICES LIMITED

STATEMENT OF FINANCIAL POSITION

30 October 2024

	2024		2023
Note	£	£	£

FIXED ASSETS

Tangible assets	5	46,275	1,324
Investments	6	34,855	30,000
		--------	--------
		81,130	31,324

CURRENT ASSETS

Debtors	7	70,705	55,624
Cash at bank and in hand		272,304	143,129
		---------	---------
		343,009	198,753

CREDITORS: amounts falling due within one year	8	( 157,027)		( 53,174)
		---------		---------
NET CURRENT ASSETS			185,982	145,579
			---------	---------
TOTAL ASSETS LESS CURRENT LIABILITIES			267,112	176,903
			---------	---------
NET ASSETS			267,112	176,903
			---------	---------

CAPITAL AND RESERVES

Called up share capital	100	100
Profit and loss account	267,012	176,803
	---------	---------
SHAREHOLDERS FUNDS	267,112	176,903
	---------	---------

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

In accordance with section 444 of the Companies Act 2006, the statement of income and retained earnings has not been delivered.

For the period ending 30 October 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

- The members have not required the company to obtain an audit of its financial statements for the period in question in accordance with section 476 ;

- The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .

HSR CONSULTING SERVICES LIMITED

STATEMENT OF FINANCIAL POSITION (continued)

30 October 2024

These financial statements were approved by the board of directors and authorised for issue on 28 August 2025 , and are signed on behalf of the board by:

H Richmond
Director

Company registration number: 13665369

HSR CONSULTING SERVICES LIMITED

NOTES TO THE FINANCIAL STATEMENTS

PERIOD ENDED 30 OCTOBER 2024

1. GENERAL INFORMATION

The company is a private company limited by shares, registered in England and Wales. The address of the registered office is 20 - 22 Bridge End, Leeds, LS1 4DJ.

2. STATEMENT OF COMPLIANCE

These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.

3. ACCOUNTING POLICIES

Basis of preparation

The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.

The financial statements are prepared in sterling, which is the functional currency of the entity.

Revenue recognition

Turnover comprises revenue recognised by the company in respect of services supplied during the year, exclusive of Value Added Tax.

Income tax

Deferred Taxation is provided using the liability method on all timing differences that have originated but not reversed at the balance sheet date.

Foreign currencies

Foreign currency transactions are initially recorded in the functional currency, by applying the spot exchange rate as at the date of the transaction. Monetary assets and liabilities denominated in foreign currencies are translated at the exchange rate ruling at the reporting date, with any gains or losses being taken to the profit and loss account.

Tangible assets

Tangible assets are initially recorded at cost, and subsequently state at cost less any accumulated depreciation.

Depreciation

Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:

Fixtures and fittings	-	3 years
Motor vehicles	-	5 years
Equipment	-	3 years

Investments

Fixed asset investments are initially recorded at cost, and subsequently stated at cost less any accumulated impairment losses.

Listed investments are measured at fair value with changes in fair value being recognised in profit or loss.

Financial instruments

Basic financial instruments are recognised at amortised cost, except for investments in non-convertible preference and non-puttable ordinary shares which are measured at fair value, with changes recognised in profit and loss. Derivative financial instruments are initially recorded at transaction price and thereafter at fair value with changes recognised in profit and loss. The company holds the following financial assets and liabilities: Cash, Short-term trade and other debtors, and creditors. Cash in the balance sheet comprises cash at banks and in hand and short term deposits with an original maturity date of three months or less. Debtors and creditors with no stated interest rate and receivable or payable within one year are recorded at transaction price. Any losses arising from impairment are recognised in the profit and loss account before operating profit.

4. EMPLOYEE NUMBERS

The average number of persons employed by the company during the period amounted to 1 (2023: 1 ).

5. TANGIBLE ASSETS

	Fixtures and fittings	Motor vehicles	Equipment	Total
	£	£	£	£
Cost
At 1 November 2023	1,243	–	2,726	3,969
Additions	–	56,407	1,723	58,130
	-------	--------	-------	--------
At 30 October 2024	1,243	56,407	4,449	62,099
	-------	--------	-------	--------
Depreciation
At 1 November 2023	828	–	1,817	2,645
Charge for the period	415	11,281	1,483	13,179
	-------	--------	-------	--------
At 30 October 2024	1,243	11,281	3,300	15,824
	-------	--------	-------	--------
Carrying amount
At 30 October 2024	–	45,126	1,149	46,275
	-------	--------	-------	--------
At 31 October 2023	415	–	909	1,324
	-------	--------	-------	--------

6. INVESTMENTS

	Other investments other than loans
	£
Cost
At 1 November 2023	30,000
Revaluations	4,855
	--------
At 30 October 2024	34,855
	--------
Impairment
At 1 November 2023 and 30 October 2024	–
	--------

Carrying amount
At 30 October 2024	34,855
	--------
At 31 October 2023	30,000
	--------

7. DEBTORS

	2024	2023
	£	£
Trade debtors	35,705	20,600
Other debtors	35,000	35,024
	--------	--------
	70,705	55,624
	--------	--------

8. CREDITORS: amounts falling due within one year

	2024	2023
	£	£
Bank loans and overdrafts	11,244	–
Corporation tax	95,909	44,929
Social security and other taxes	12,267	–
Other creditors	37,607	8,245
	---------	--------
	157,027	53,174
	---------	--------