Company Registration No. 09793114 (England and Wales)
HILL HR CONSULTANCY LIMITED
UNAUDITED ABBREVIATED FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 30 SEPTEMBER 2016
HILL HR CONSULTANCY LIMITED
COMPANY INFORMATION
Director
Miss C L Hill
(Appointed 24 September 2015)
Company number
09793114
Registered office
4 Drury Lane
Martin Hussingtree
Worcester
Worcestershire
WR3 8TD
Accountants
Ormerod Rutter Limited
The Oakley
Kidderminster Road
Droitwich
Worcestershire
WR9 9AY
Bankers
Santander UK plc
2 Triton Square
Regent's Place
London
NW1 3AN
HILL HR CONSULTANCY LIMITED
CONTENTS
Page
Accountants' report
1
Abbreviated balance sheet
2
Notes to the abbreviated accounts
3 - 4
HILL HR CONSULTANCY LIMITED
ACCOUNTANTS' REPORT TO THE DIRECTOR ON THE PREPARATION OF THE UNAUDITED STATUTORY FINANCIAL STATEMENTS OF HILL HR CONSULTANCY LIMITED FOR THE PERIOD ENDED 30 SEPTEMBER 2016
- 1 -
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 Hill HR Consultancy Limited for the period ended 30 September 2016 which comprise the Profit and Loss Account, the Balance Sheet and the related notes 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 http://www.icaew.com/en/members/regulations-standards-and-guidance/.
This report is made solely to the Board of Directors of Hill HR Consultancy Limited, as a body, in accordance with
our
terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Hill HR Consultancy Limited and state those matters that we have agreed to state to the Board of Directors of Hill HR Consultancy 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 Hill HR Consultancy Limited and its Board of Directors as a body, for our work or for this report.
It is your duty to ensure that Hill HR Consultancy 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 loss of Hill HR Consultancy Limited. You consider that Hill HR Consultancy Limited is exempt from the statutory audit requirement for the period.
We have not been instructed to carry out an audit or a review of the financial statements of Hill HR Consultancy 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.
Ormerod Rutter Limited
21 June 2017
Accountants
The Oakley
Kidderminster Road
Droitwich
Worcestershire
WR9 9AY
HILL HR CONSULTANCY LIMITED
ABBREVIATED BALANCE SHEET
AS AT
30 SEPTEMBER 2016
30 September 2016
- 2 -
2016
Notes
£
£
Fixed assets
Tangible assets
2
409
Current assets
Cash at bank and in hand
4,090
Creditors: amounts falling due within one year
(4,570)
Net current liabilities
(480)
Total assets less current liabilities
(71)
Capital and reserves
Called up share capital
3
1
Profit and loss account
(72)
Shareholder's funds
(71)
For the financial period ended 30 September 2016 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 period in question in accordance with section 476;
-
The director acknowledges her 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 21 June 2017
Miss C L Hill
Director
Company Registration No. 09793114
HILL HR CONSULTANCY LIMITED
NOTES TO THE ABBREVIATED ACCOUNTS
FOR THE PERIOD ENDED 30 SEPTEMBER 2016
- 3 -
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 January 2015).
1.2
Turnover
Turnover represents net invoiced sales of services, excluding value added tax.
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:
Computer equipment
33% on cost
Fixtures, fittings & equipment
20% on reducing balance
1.4
Deferred taxation
Deferred taxation is provided in full in respect of taxation deferred by timing differences between the treatment of certain items for taxation and accounting purposes. The deferred tax balance has not been discounted.
1.5
Government grants
Grants are credited to deferred revenue. Grants towards capital expenditure are released to the profit and loss account over the expected useful life of the assets. Grants towards revenue expenditure are released to the profit and loss account as the related expenditure is incurred.
1.6
These financial statements have been drawn up on the going concern basis. If the going concern basis were not appropriate, adjustments would have been made to reduce assets to recoverable amounts, to provide for any further liabilities that might arise, and to re-classify fixed assets as current assets and long term liabilities as current liabilities.
HILL HR CONSULTANCY LIMITED
NOTES TO THE ABBREVIATED ACCOUNTS (CONTINUED)
FOR THE PERIOD ENDED 30 SEPTEMBER 2016
- 4 -
2
Fixed assets
Tangible assets
£
Cost
At 24 September 2015
-
Additions
593
At 30 September 2016
593
Depreciation
At 24 September 2015
-
Charge for the period
184
At 30 September 2016
184
Net book value
At 30 September 2016
409
3
Share capital
2016
£
Allotted, called up and fully paid
1 Ordinary of £1 each
1
During the period, 1 Ordinary share of £1 was allotted and fully paid for cash at par.
4
Comparatives
This is the company's first period of trade, therefore there are no comparatives.