HUMAN DEVELOPMENT MAN CONSULT (UK) LTD - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 07061807 (England and Wales)

Unaudited Financial Statements

for the Year Ended 31 October 2018

for

HUMAN DEVELOPMENT MANAGEMENT CONSULTANCY

(UK) LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTOR:

Mrs S D Dobinson

SECRETARY:

C B Dobinson

REGISTERED OFFICE:

2 Place Farm

Wheathampstead

St Albans

Hertfordshire

AL4 8SB

REGISTERED NUMBER:

07061807 (England and Wales)

ACCOUNTANTS:

LYALL YOUNGMAN

2 Place Farm

Wheathampstead

St Albans

Hertfordshire

AL4 8SB

FIXED ASSETS

Tangible assets

4

11,108

11,998

CURRENT ASSETS

Debtors

5

20,623

15,473

Cash at bank

34

4,801

20,657

20,274

CREDITORS

Amounts falling due within one year

6

64,163

47,830

NET CURRENT LIABILITIES

(43,506

)

(27,556

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(32,398

)

(15,558

)

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

(32,498

)

(15,658

)

SHAREHOLDERS' FUNDS

(32,398

)

(15,558

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 October 2018.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 October 2018 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her 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 applicable to companies subject to the small companies regime.

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

The financial statements were approved by the director on 25 October 2019 and were signed by:

Mrs S D Dobinson - Director

1.	STATUTORY INFORMATION

HUMAN DEVELOPMENT MANAGEMENT CONSULTANCY (UK) LIMITED 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.

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

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 represents net invoiced sales of services, excluding value added tax.

Tangible fixed assets

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

Office furniture and equipment

-

25% on reducing balance

Computer equipment

-

25% 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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2017 - 1 ) .

4.	TANGIBLE FIXED ASSETS

Office

furniture

and

Computer

equipment

equipment

Totals

£

£

£

COST

At 1 November 2017

22,586

26,533

49,119

Additions

831

1,689

2,520

At 31 October 2018

23,417

28,222

51,639

DEPRECIATION

At 1 November 2017

18,235

18,886

37,121

Charge for year

1,232

2,178

3,410

At 31 October 2018

19,467

21,064

40,531

NET BOOK VALUE

At 31 October 2018

3,950

7,158

11,108

At 31 October 2017

4,351

7,647

11,998

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2018

2017

£

£

Trade debtors

19,623

11,105

Other debtors

1,000

-

Tax

-

4,368

20,623

15,473

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2018

2017

£

£

Bank loans and overdrafts

8,448

2,005

Trade creditors

3,128

540

VAT

15,899

9,777

Amount due to Associated Company

2,270

-

Directors' current accounts

32,498

31,668

Accrued expenses

1,920

3,840

64,163

47,830

7.	ULTIMATE CONTROLLING PARTY

The controlling party is Mrs S D Dobinson.