ACCOUNTS - Final Accounts

Company registration number: 02833987

	FINANCIAL STATEMENTS
	FOR THE YEAR ENDED 31 DECEMBER 2024

	S & H CONSULTING LIMITED


S & H CONSULTING LIMITED REGISTERED NUMBER:02833987

STATEMENT OF FINANCIAL POSITION

AS AT 31 DECEMBER 2024

		2024		2023
Note		£		£


Current assets
Debtors: amounts falling due within one year	5	3,889,004		3,371,941
Cash at bank and in hand		339,245		154,520
		4,228,249		3,526,461
Creditors: amounts falling due within one year	6	(4,019,153)		(2,933,950)
Net current assets			209,096		592,511
Total assets less current liabilities			209,096		592,511

Net assets			209,096		592,511

Capital and reserves
Called up share capital	1,111	1,111
Share premium account	49,839	49,839
Profit and loss account	158,146	541,561
	209,096	592,511

The financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime and in accordance with the provisions of FRS 102 Section 1A - small entities.

The financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The Company has opted not to file the statement of income and retained earnings in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf by:

................................................

F Miah

Director

Date: 28 May 2025

The notes on pages 2 to 4 form part of these financial statements.

Page 1


S & H CONSULTING LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2024

1.	General information

S & H Consulting Limited is a private company, limited by shares, registered in England and Wales. The address of the registered office is the same as that of the principal place of business and disclosed on the company information page.

2.Accounting policies

2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with FRS 102 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland' and the requirements of the Companies Act 2006. The disclosure requirements of Section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The following principal accounting policies have been applied:

2.2

Turnover

Turnover comprises revenue recognised by the company in respect of consultancy services supplied during the year, exclusive of value added tax. Invoices are raised base on the work completed and hours worked on contracts.

2.3

Pensions

Defined contribution pension plan

The Company operates a defined contribution plan for its employees. A defined contribution plan is a pension plan under which the Company pays fixed contributions into a separate entity. Once the contributions have been paid the Company has no further payment obligations.

The contributions are recognised as an expense in profit or loss when they fall due. Amounts not paid are shown in accruals as a liability in the Statement of financial position. The assets of the plan are held separately from the Company in independently administered funds.

2.4

Taxation

Tax is recognised in profit or loss except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the Company operates and generates income.

2.5

Tangible fixed assets

Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management.

Page 2


S & H CONSULTING LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2024

2.Accounting policies (continued)

2.5

Tangible fixed assets (continued)

Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives.

Depreciation is provided on the following basis:

				Fixtures and fittings	-	15%	reducing balance
				Computer equipment	-	25%	straight line

The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date.

Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in profit or loss.

2.6

Financial instruments

The Company only enters into basic financial instrument transactions that result in the recognition of financial
assets and liabilities like trade and other debtors and creditors, loans from banks and other third parties, loans
to related parties and investments in ordinary shares.

Employees

The average monthly number of employees, including directors, during the year was 2 (2023 - 1).

4.	Tangible fixed assets

		Fixtures and fittings
		£
	Cost
	At 1 January 2024	80,643
	At 31 December 2024	80,643
	Depreciation
	At 1 January 2024	80,643
	At 31 December 2024	80,643
	Net book value
	At 31 December 2024	-
	At 31 December 2023	-

Page 3


S & H CONSULTING LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2024

Debtors

					2024	2023
					£	£


Trade debtors	367,073	663,434
Amounts owed by group undertakings	3,341,890	2,617,425
Other debtors	-	27
Prepayments and accrued income	180,041	91,055
	3,889,004	3,371,941

6.	Creditors: Amounts falling due within one year
		2024	2023
		£	£

Trade creditors	30,474	50,731
Amounts owed to group companies	3,223,962	2,000,004
Corporation tax	115,529	161,133
Other taxation and social security	196,531	180,898
Other creditors	18,122	28,134
Accruals and deferred income	434,535	513,050
	4,019,153	2,933,950

7.	Information about parent company

The results of the company are included in the SH Global Plc consolidated financial statements, and this is the smallest group for which accounts are drawn up. The registered office of SH Global Plc is Forum, 5th Floor, 33 Gutter Lane, London, EC2V 8AS.

8.	Auditor's information

The auditor's report on the financial statements for the year ended 31 December 2024 was unqualified.

The audit report was signed on 30 May 2025 by Andrew Wooding FCA (Senior statutory auditor) on behalf of Menzies LLP.

Page 4