| |
|
2022 |
|
2021 |
| |
|
£ |
£ |
|
£ |
£ |
| Fixed assets |
|
|
1,519 |
|
|
1,899 |
| Current assets |
|
57,991 |
|
|
66,390 |
|
| Creditors: amount falling due within one year |
|
(3,200) |
|
|
(8,610) |
|
|
Net current assets
|
|
|
54,791
|
|
|
57,780
|
|
Total assets less current liabilities
|
|
|
56,310 |
|
|
59,679 |
| Creditors: amount falling due after more than one year |
|
|
(42,427) |
|
|
(41,297) |
|
Net assets
|
|
|
13,883 |
|
|
18,382 |
| |
|
|
|
|
|
|
|
Capital and reserves
|
|
|
13,883 |
|
|
18,382 |
| |
NOTES TO THE ACCOUNTS
General Information
HARCOURT MANAGEMENT SERVICES LIMITED is a private company, limited by shares, registered in England and Wales, registration number 09437916, registration address 861 CORONATION ROAD, PARK ROYAL LONDON, NW10 7PT.
The presentation currency is £ sterling.
| 1. |
Accounting policies
Significant accounting policies
Statement of compliance
These financial statements have been prepared in compliance with FRS 105 – The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.
Basis of preparation
The financial statements have been prepared under the historical cost convention as modified by the revaluation of land and buildings and certain financial instruments measured at fair value in accordance with the accounting policies.
The financial statements are prepared in sterling which is the functional currency of the company.
Taxation
The tax expense for the period comprises current tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.
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 fixed assets
Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:
| Computer Equipment |
15% Reducing Balance
|
|
| 2. |
Tangible fixed assets
| Cost or valuation |
Computer Equipment |
|
Total |
| |
£ |
|
£ |
| At 01 January 2022 |
5,037 |
|
5,037 |
| Additions |
- |
|
- |
| Disposals |
- |
|
- |
| At 31 December 2022 |
5,037 |
|
5,037 |
| Depreciation |
| At 01 January 2022 |
3,138 |
|
3,138 |
| Charge for year |
380 |
|
380 |
| On disposals |
- |
|
- |
| At 31 December 2022 |
3,518 |
|
3,518 |
| Net book values |
| Closing balance as at 31 December 2022 |
1,519 |
|
1,519 |
| Opening balance as at 01 January 2022 |
1,899 |
|
1,899 |
|
| 3. |
Average number of employees
Average number of employees during the year was 1 (2021 : 1).
|
For the year ended 31 December 2022 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Director's 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.
The director acknowledges their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
These accounts have been prepared in accordance with the micro-entity provisions of the Companies Act 2006 and FRS 105, the Financial Reporting Standard applicable to the micro-entities regime. The accounts have been delivered in accordance with the provisions applicable to companies subject to the small companies regime. The income statement has not been delivered to the Registrar of Companies.
The members have agreed to the preparation of abridged accounts.
The financial statements were approved by the director on 17 August 2023 and were signed by: --------------------------------
Vinesh Kumar Parkeh
Director |
1
|
