0 H1 Suite Limited 14895270 false 2024-03-01 2025-02-28 2025-02-28 The principal activity of the company is employment agencies Digita Accounts Production Advanced 6.30.9574.0 true 14895270 2024-03-01 2025-02-28 14895270 2025-02-28 14895270 core:CurrentFinancialInstruments 2025-02-28 14895270 core:CurrentFinancialInstruments core:WithinOneYear 2025-02-28 14895270 core:FurnitureFittings 2025-02-28 14895270 core:OfficeEquipment 2025-02-28 14895270 bus:SmallEntities 2024-03-01 2025-02-28 14895270 bus:AuditExemptWithAccountantsReport 2024-03-01 2025-02-28 14895270 bus:FilletedAccounts 2024-03-01 2025-02-28 14895270 bus:SmallCompaniesRegimeForAccounts 2024-03-01 2025-02-28 14895270 bus:RegisteredOffice 2024-03-01 2025-02-28 14895270 bus:Director1 2024-03-01 2025-02-28 14895270 bus:PrivateLimitedCompanyLtd 2024-03-01 2025-02-28 14895270 bus:Agent1 2024-03-01 2025-02-28 14895270 core:FurnitureFittings 2024-03-01 2025-02-28 14895270 core:OfficeEquipment 2024-03-01 2025-02-28 14895270 countries:EnglandWales 2024-03-01 2025-02-28 14895270 2023-03-01 2024-02-29 14895270 2024-02-29 14895270 core:CurrentFinancialInstruments 2024-02-29 14895270 core:CurrentFinancialInstruments core:WithinOneYear 2024-02-29 xbrli:pure iso4217:GBP

Registration number: 14895270

H1 Suite Limited
Unaudited Filleted Financial Statements
for the Year Ended 28 February 2025

H1 Suite Limited

Contents

Company Information | 1
Accountants' Report | 2
Statement of Financial Position | 3
Notes to the Unaudited Financial Statements | 4 to 7

H1 Suite Limited

Company Information

Director | G C H McMahon

Registered office | D S House 306 High Street Croydon Surrey CR0 1NG

Accountants | DSK Partners LLP Chartered AccountantsD S House 306 High Street Croydon Surrey CR0 1NG

Chartered Accountants' Report to the Director on the Preparation of the Unaudited Statutory Accounts of
H1 Suite Limited
for the Year Ended 28 February 2025

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of H1 Suite Limited for the year ended 28 February 2025 as set out on pages 3 to 7 from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed at
http://www.icaew.com/regulation.

This report is made solely to the Board of Directors of H1 Suite Limited, as a body, in accordance with the terms of our engagement letter. Our work has been undertaken solely to prepare for your approval the accounts of H1 Suite Limited and state those matters that we have agreed to state to the Board of Directors of H1 Suite Limited, as a body, in this report in accordance with ICAEW Technical Release 07/16 AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than H1 Suite Limited and its Board of Directors as a body for our work or for this report.

It is your duty to ensure that H1 Suite Limited has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and loss of H1 Suite Limited. You consider that H1 Suite Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the accounts of H1 Suite Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory accounts.

......................................
DSK Partners LLP
Chartered Accountants
D S House
306 High Street
Croydon
Surrey
CR0 1NG

21 November 2025

H1 Suite Limited

(Registration number: 14895270)
Statement of Financial Position as at 28 February 2025

| Note | 2025 £ | 2024 £
Fixed assets |  |  |
Tangible assets | 4 | 20,919 | -
Current assets |  |  |
Debtors | 5 | 629,422 | -
Cash at bank and in hand |  | 1,567 | 1
|  | 630,989 | 1
Creditors: Amounts falling due within one year | 6 | (865,728) | -
Net current (liabilities)/assets |  | (234,739) | 1
Net (liabilities)/assets |  | (213,820) | 1
Capital and reserves |  |  |
Called up share capital |  | 1 | 1
Retained earnings |  | (213,821) | -
Shareholders' (deficit)/funds |  | (213,820) | 1

For the financial year ending 28 February 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 accounts for the year in question in accordance with section 476; and
• | The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the director has not delivered to the registrar a copy of the Income Statement.

Approved and authorised by the director on 21 November 2025

G C H McMahon Director |  |

H1 Suite Limited

Notes to the Unaudited Financial Statements for the Year Ended 28 February 2025

1 | General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
D S House
306 High Street
Croydon
Surrey
CR0 1NG
United Kingdom

2 | Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

The presentation currency of the financial statements is Pound Sterling (£) rounded to the nearest Pound.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.
The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

H1 Suite Limited

Notes to the Unaudited Financial Statements for the Year Ended 28 February 2025 (continued)

2 | Accounting policies (continued)

Foreign currency transactions and balances

Transactions in foreign currencies are initially recorded at the functional currency rate prevailing at the date of the transaction. Monetary assets and liabilities denominated in foreign currencies are retranslated into the respective functional currency of the entity at the rates prevailing on the reporting period date. Non-monetary items carried at fair value that are denominated in foreign currencies are retranslated at the rate on the date when the fair value is re-measured.
Non-monetary items measured in terms of historical cost in a foreign currency are not retranslated.

Tangible assets

Tangible assets are stated in the statement of financial position at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.
The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class | Depreciation method and rate

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Trade debtors

Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.
Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.
Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

H1 Suite Limited

Notes to the Unaudited Financial Statements for the Year Ended 28 February 2025 (continued)

2 | Accounting policies (continued)

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

Defined contribution pension obligation

A defined contribution plan is a pension plan under which fixed contributions are paid into a pension fund and the company has no legal or constructive obligation to pay further contributions even if the fund does not hold sufficient assets to pay all employees the benefits relating to employee service in the current and prior periods.
Contributions to defined contribution plans are recognised as employee benefit expense when they are due. If contribution payments exceed the contribution due for service, the excess is recognised as a prepayment.

Financial instruments

Classification
Financial instruments are classified and accounted for, according to the substance of the contractual arrangement, as either financial assets, financial liabilities, or equity instruments. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities.

3 | Staff numbers

The average number of persons employed by the company (including the director) during the year, was 12 (2024 - 0).

H1 Suite Limited

Notes to the Unaudited Financial Statements for the Year Ended 28 February 2025 (continued)

4 | Tangible assets

| Fixtures and fittings £ | Office equipment £ | Total £
Cost or valuation
Additions | 4,661 | 23,232 | 27,893
At 28 February 2025 | 4,661 | 23,232 | 27,893
Depreciation
Charge for the year | 1,166 | 5,808 | 6,974
At 28 February 2025 | 1,166 | 5,808 | 6,974
Carrying amount
At 28 February 2025 | 3,495 | 17,424 | 20,919

5 | Debtors

Current | 2025 £ | 2024 £
Trade debtors | 187,137 | -
Prepayments | 17,241 | -
Other debtors | 425,044 | -
| 629,422 | -

6 | Creditors

Creditors: amounts falling due within one year

| 2025 £ | 2024 £
Due within one year |  |
Trade creditors | 38,267 | -
Taxation and social security | 542,623 | -
Accruals and deferred income | 8,750 | -
Other creditors | 276,088 | -
| 865,728 | -