Company Registration No. 03223954 (England and Wales)
H4 CONSULTING LIMITED
UNAUDITED ABBREVIATED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JULY 2015
H4 CONSULTING LIMITED
CONTENTS
Page
Accountants' report
1
Abbreviated balance sheet
2
Notes to the abbreviated accounts
3 - 4
H4 CONSULTING LIMITED
CHARTERED ACCOUNTANTS' REPORT TO THE BOARD OF DIRECTORS ON THE PREPARATION OF THE UNAUDITED STATUTORY FINANCIAL STATEMENTS OF H4 CONSULTING LIMITED FOR THE YEAR ENDED 31 JULY 2015
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The following reproduces the text of the Accountants' Report prepared in respect of the company's annual unaudited financial statements, from which the unaudited abbreviated financial statements set out on pages 2 to 4 have been prepared.
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of H4 Consulting Limited for the year ended 31 July 2015 set out on pages 3 to 8 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, we are subject to its ethical and other professional requirements which are detailed at icaew.com/membershandbook.
This report is made solely to the Board of Directors of H4 Consulting Limited, as a body, in accordance with the terms of our engagement letter dated 22 October 2014. Our work has been undertaken solely to prepare for your approval the financial statements of H4 Consulting Limited and state those matters that we have agreed to state to the Board of Directors of H4 Consulting Limited, as a body, in this report in accordance with AAF 2/10 as detailed at icaew.com/compilation. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than H4 Consulting Limited and it's Board of Directors as a body, for our work or for this report.
It is your duty to ensure that H4 Consulting 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 H4 Consulting Limited. You consider that H4 Consulting 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 financial statements of H4 Consulting 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 financial statements.
Nunn Hayward
14 October 2015
Chartered Accountants
63 - 67 Kingston Road
New Malden
Surrey
KT3 3PB
H4 CONSULTING LIMITED
ABBREVIATED BALANCE SHEET
AS AT
31 JULY 2015
31 July 2015
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2015
2014
Notes
£
£
£
£
Fixed assets
Tangible assets
2
3,080
1,951
Current assets
Stocks
11,000
6,000
Debtors
55,823
21,878
Cash at bank and in hand
18,085
26,792
84,908
54,670
Creditors: amounts falling due within one year
(45,236)
(30,924)
Net current assets
39,672
23,746
Total assets less current liabilities
42,752
25,697
Creditors: amounts falling due after more than one year
3
(16,734)
(20,355)
26,018
5,342
Capital and reserves
Called up share capital
4
100
100
Profit and loss account
25,918
5,242
Shareholders' funds
26,018
5,342
For the financial year ended 31 July 2015 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Director's responsibilities:
-
The member has 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 his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.
These abbreviated financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime.
Approved by the Board for issue on 14 October 2015
G Middleton
Director
Company Registration No. 03223954
H4 CONSULTING LIMITED
NOTES TO THE ABBREVIATED ACCOUNTS
FOR THE YEAR ENDED 31 JULY 2015
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1
Accounting policies
1.1
Accounting convention
The financial statements are prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective April 2008).
1.2
Turnover
Turnover represents amounts receivable for services provided net of VAT under contracts to the extent that there is a right to consideration and is recorded at the value of the consideration due. Where a contract has only been partially completed at the balance sheet date turnover represents the value of the service provided to that date based on a proportion of the total expected consideration at completion.
1.3
Tangible fixed assets and depreciation
Tangible fixed assets are stated at cost less depreciation. Depreciation is provided at rates calculated to write off the cost less estimated residual value of each asset over its expected useful life, as follows:
Fixtures, fittings & equipment
25% on cost
2
Fixed assets
Tangible assets
£
Cost
At 1 August 2014
116,424
Additions
3,001
At 31 July 2015
119,425
Depreciation
At 1 August 2014
114,473
Charge for the year
1,872
At 31 July 2015
116,345
Net book value
At 31 July 2015
3,080
At 31 July 2014
1,951
3
Creditors: amounts falling due after more than one year
2015
2014
£
£
Analysis of loans repayable in more than five years
Total amounts repayable by instalments which are due in more than five years
3,213
H4 CONSULTING LIMITED
NOTES TO THE ABBREVIATED ACCOUNTS (CONTINUED)
FOR THE YEAR ENDED 31 JULY 2015
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4
Share capital
2015
2014
£
£
Allotted, called up and fully paid
100 Ordinary shares of £1 each
100
100