HPH Property Consultants Ltd - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 08501115 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 March 2019

for

HPH Property Consultants Ltd

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

J A Harrison

Mrs J J Price

SECRETARY:

REGISTERED OFFICE:

46 Rose Hill

Lickey

B45 8RT

REGISTERED NUMBER:

08501115 (England and Wales)

ACCOUNTANTS:

Clover Chartered Certified Accountants

7 Trinity Place

Midland Drive

Sutton Coldfield

West Midlands

B72 1TX

FIXED ASSETS

Tangible assets

4

20,906

16,388

CURRENT ASSETS

Debtors

5

5,395

17,295

Cash at bank and in hand

8,417

72,699

13,812

89,994

CREDITORS

Amounts falling due within one year

6

34,529

88,395

NET CURRENT (LIABILITIES)/ASSETS

(20,717

)

1,599

TOTAL ASSETS LESS CURRENT LIABILITIES

189

17,987

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

89

17,887

189

17,987

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2019.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2019 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The financial statements have been prepared and delivered in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors on 8 May 2019 and were signed on its behalf by:

Mrs J J Price - Director

1.	STATUTORY INFORMATION

HPH Property Consultants Ltd is a private company, limited by shares , registered in England and

Wales. The company's registered number and registered office address can be found on the Company

Information page.

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

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" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts,

rebates, value added tax and other sales taxes.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery

-

20% on reducing balance

Fixtures and fittings

-

20% on reducing balance

Motor vehicles

-

20% on reducing balance

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement,

except to the extent that it relates to items recognised in other comprehensive income or directly in

equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been

enacted or substantively enacted by the balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at

the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods

different from those in which they are recognised in financial statements. Deferred tax is measured

using tax rates and laws that have been enacted or substantively enacted by the year end and that are

expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable

that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the

company's pension scheme are charged to profit or loss in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2018 - 2 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

Plant and

and

Motor

machinery

fittings

vehicles

Totals

£

£

£

£

COST

At 1 April 2018

21,674

7,451

6,000

35,125

Additions

-

-

14,545

14,545

Disposals

-

-

(6,000

)

(6,000

)

At 31 March 2019

21,674

7,451

14,545

43,670

DEPRECIATION

At 1 April 2018

13,234

4,303

1,200

18,737

Charge for year

1,688

630

2,909

5,227

Eliminated on disposal

-

-

(1,200

)

(1,200

)

At 31 March 2019

14,922

4,933

2,909

22,764

NET BOOK VALUE

At 31 March 2019

6,752

2,518

11,636

20,906

At 31 March 2018

8,440

3,148

4,800

16,388

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.19

31.3.18

£

£

Trade debtors

-

16,800

Amounts owed by group undertakings

4,900

-

Other debtors

495

495

5,395

17,295

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.19

31.3.18

£

£

Taxation and social security

9,610

15,477

Other creditors

24,919

72,918

34,529

88,395

7.	ULTIMATE CONTROLLING PARTY

The controlling party is jointly the directors.