1 July 2024 v2025.59.1 limited_company_frs_102_section_1a_v1_1_2 companies_houseSoftwarefalsetruetruetrueNo description of principal activityfalsetruexbrli:purexbrli:sharesiso4217:GBP102274982024-07-012025-06-30102274982025-06-30102274982024-06-3010227498core:WithinOneYear2025-06-3010227498core:WithinOneYear2024-06-3010227498core:ShareCapital2025-06-3010227498core:ShareCapital2024-06-3010227498core:RetainedEarningsAccumulatedLosses2025-06-3010227498core:RetainedEarningsAccumulatedLosses2024-06-3010227498bus:Director12024-07-012025-06-3010227498bus:RegisteredOffice2024-07-012025-06-3010227498core:OfficeEquipment2024-07-012025-06-30102274982023-07-012024-06-3010227498core:PlantMachinery2024-07-0110227498core:PlantMachinery2024-07-012025-06-3010227498core:PlantMachinery2025-06-3010227498core:PlantMachinery2024-06-301022749812024-07-012025-06-3010227498countries:EnglandWales2024-07-012025-06-3010227498bus:AuditExemptWithAccountantsReport2024-07-012025-06-3010227498bus:PrivateLimitedCompanyLtd2024-07-012025-06-3010227498bus:SmallEntities2024-07-012025-06-3010227498bus:FullAccounts2024-07-012025-06-30
Company registration number:
10227498
Highgrove Mortgage Consultants Limited
Unaudited Filleted Financial Statements for the year ended
30 June 2025
Highgrove Mortgage Consultants Limited
Chartered accountant's report to the board of directors on the preparation of the unaudited statutory financial statements of Highgrove Mortgage Consultants Limited
Year ended
30 June 2025
In order to assist you to fulfil your duties under the Companies Act 2006, I have prepared for your approval the
financial statements
of
Highgrove Mortgage Consultants Limited
for the year ended
30 June 2025
which comprise the income statement, statement of income and retained earnings, statement of financial position and related notes from the company’s accounting records and from information and explanations you have given me.
As a practising member of the Institute of Chartered Accountants in England and Wales (ICAEW), I am subject to its ethical and other professional requirements which are detailed at icaew.com/​regulations.
This report is made solely to the Board of Directors of
Highgrove Mortgage Consultants Limited
, as a body, in accordance with the terms of my engagement letter dated 22 November 2023. My work has been undertaken solely to prepare for your approval the
financial statements
of
Highgrove Mortgage Consultants Limited
and state those matters that I have agreed to state to the Board of Directors of
Highgrove Mortgage Consultants Limited
, as a body, in this report in accordance with ICAEW Technical Release 07/16 AAF. To the fullest extent permitted by law, I do not accept or assume responsibility to anyone other than
Highgrove Mortgage Consultants Limited
and its Board of Directors, as a body, for my work or for this report.
It is your duty to ensure that
Highgrove Mortgage Consultants 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
Highgrove Mortgage Consultants Limited
. You consider that
Highgrove Mortgage Consultants Limited
is exempt from the statutory audit requirement for the year.
I have not been instructed to carry out an audit or a review of the financial statements of Highgrove Mortgage Consultants Limited. For this reason, I have not verified the accuracy or completeness of the accounting records or information and explanations you have given to me and I do not, therefore, express any opinion on the statutory financial statements.
Thomas James Chartered Accountants
Mayfield
Ash Tree Farm, Oxbridge Lane
Stockton-on-Tees
TS18 4HY
United Kingdom
Highgrove Mortgage Consultants Limited
Statement of Financial Position
30 June 2025
20252024
Note££
Fixed assets    
Tangible assets 5
3,903
 
1,540
 
Current assets    
Debtors 6
6,129
 
2,320
 
Cash at bank and in hand
10,229
 
3,031
 
16,358
 
5,351
 
Creditors: amounts falling due within one year 7
(9,862
 )
(14,144
 )
Net current assets/(liabilities)
6,496
 
(8,793
 )
Total assets less current liabilities 10,399   (7,253 )
Capital and reserves    
Called up share capital
100
 
100
 
Profit and loss account
10,299
 
(7,353
 )
Shareholders funds/(deficit)
10,399
 
(7,253
 )
For the year ending
30 June 2025
, 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 year in question in accordance with section 476;
  • The director acknowledges their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.
These
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.
These
financial statements
were approved by the board of directors and authorised for issue on
5 September 2025
, and are signed on behalf of the board by:
J Oxley
Director
Company registration number:
10227498
Highgrove Mortgage Consultants Limited
Notes to the Financial Statements
Year ended
30 June 2025

1 General information

The company is a private company limited by shares and is registered in England and Wales. The address of the registered office is
73a High Street
,
Yarm
,
TS15 9BG
, England.

2 Statement of compliance

These
financial statements
have been prepared in compliance with FRS 102 Section 1A, 'The Financial Reporting Standard applicable to the UK and 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 assets.
The
financial statements
are prepared in sterling, which is the functional currency of the company.

Turnover

Turnover is measured at the fair value of the consideration received or receivable for goods supplied, net of discounts and Value Added Tax.

Current tax

Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.

Tangible assets

Depreciation is calculated so as to write off the cost of an asset, less its estimated residual value, over the useful economic life of that asset as follows:
Office equipment
25% reducing balance

Impairment

A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date.

Defined contribution pension plan

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.

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.

4 Average number of employees

The average number of persons employed by the company during the year was
2
(2024:
2.00
).

5 Tangible assets

Plant and machinery etc.
£
Cost  
At
1 July 2024
4,596
 
Additions
3,115
 
At
30 June 2025
7,711
 
Depreciation  
At
1 July 2024
3,056
 
Charge
752
 
At
30 June 2025
3,808
 
Carrying amount  
At
30 June 2025
3,903
 
At 30 June 2024
1,540
 

6 Debtors

20252024
££
Other debtors
6,129
 
2,320
 

7 Creditors: amounts falling due within one year

20252024
££
Taxation and social security
4,902
 
1,419
 
Other creditors
4,960
 
12,725
 
9,862
 
14,144