Registration number: 08186402

HealyNicholls Consulting Ltd

Statement of Financial Position as at 31 August 2025

	Note	2025 £	2024 £
Fixed assets
Tangible assets	5	1,464	873
Current assets
Debtors	6	12,280	14,525
Cash at bank and in hand		3,484	1,039
		15,764	15,564
Creditors: Amounts falling due within one year	7	(15,115)	(16,572)
Net current assets/(liabilities)		649	(1,008)
Net assets/(liabilities)		2,113	(135)
Capital and reserves
Called up share capital		2	2
Retained earnings		2,111	(137)
Shareholders' funds/(deficit)		2,113	(135)

For the financial year ending 31 August 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' 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 directors acknowledge their 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 in accordance with the provisions applicable to companies subject to the small companies regime and FRS 102 ‘The Financial Reporting Standard Applicable in the UK and Republic of Ireland’. As permitted by section 444 (5A) of the Companies act 2006, the directors have not delivered to the registrar a copy of the Income Statement.

Approved and authorised by the Board on 21 May 2026 and signed on its behalf by:

......................................... Ms C A Healy Director

......................................... Mr A S Nicholls Director

Company registration number: 08186402

HealyNicholls Consulting Ltd

Notes to the Financial Statements for the Year Ended 31 August 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:
South Cottage, Riding Lane
Hildenborough
Tonbridge
Kent
TN11 9QL

The principal activity of the company is that of consultancy services and property management.

2	Accounting policies

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 - 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' Section 1A and the Companies Act 2006.

Basis of preparation

These financial statements have been prepared using the historical cost convention except any items disclosed in the accounting policies as being shown at fair value and are presented in sterling, which is the functional currency of the entity.

Summary of significant accounting policies

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.

Going concern

The company made a profit for the year ended 31 August 2025 and had net assets of £2,113 at that date. At 31 August 2025 an amount of £13,938 was due to a director who has agreed to not call for repayment of the amount due until such time as the company has sufficient working capital.

Having made enquiries, the directors have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. Accordingly the financial statements have been prepared on the going concern basis.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the provision of services in the ordinary course of the company's activities.

The company recognises revenue over the period in which services are provided.

Tax

The tax expense for the period comprises current tax. Tax is recognised in profit or loss, except that a charge attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

HealyNicholls Consulting Ltd

Notes to the Financial Statements for the Year Ended 31 August 2025

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 taxable income.

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
Equipment	33.3% straight line

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.

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.

3	Staff numbers

The average number of persons employed by the company during the year was 1 (2024 - 1).

HealyNicholls Consulting Ltd

Notes to the Financial Statements for the Year Ended 31 August 2025

4	Profit before tax

Arrived at after charging/(crediting)

	2025 £	2024 £
Depreciation expense	747	141

5	Tangible assets

	Furniture, fittings and equipment  £	Total £
Cost or valuation
At 1 September 2024	2,312	2,312
Additions	1,338	1,338
Disposals	(1,299)	(1,299)
At 31 August 2025	2,351	2,351
Depreciation
At 1 September 2024	1,439	1,439
Charge for the year	747	747
Eliminated on disposal	(1,299)	(1,299)
At 31 August 2025	887	887
Carrying amount
At 31 August 2025	1,464	1,464
At 31 August 2024	873	873

6

Debtors

	2025 £	2024 £
Trade debtors	12,280	14,124
Other debtors	-	401
	12,280	14,525

HealyNicholls Consulting Ltd

Notes to the Financial Statements for the Year Ended 31 August 2025

7

Creditors

Creditors: amounts falling due within one year

	2025 £	2024 £
Taxation and social security	566	478
Accruals and deferred income	582	480
Other creditors	13,967	15,614
	15,115	16,572