The Company of Human Resource - Accounts to registrar (filleted) - small 23.2.5
The Company of Human Resource - Accounts to registrar (filleted) - small 23.2.5
REGISTERED NUMBER: |
Financial Statements |
for the Year Ended 31st December 2022 |
for |
THE COMPANY OF HUMAN RESOURCE |
PROFESSIONALS LIMITED |
THE COMPANY OF HUMAN RESOURCE |
PROFESSIONALS LIMITED (REGISTERED NUMBER: 10569618) |
Contents of the Financial Statements |
for the year ended 31st December 2022 |
Page |
Company Information | 1 |
Balance Sheet | 2 |
Notes to the Financial Statements | 3 |
THE COMPANY OF HUMAN RESOURCE |
PROFESSIONALS LIMITED |
Company Information |
for the year ended 31st December 2022 |
DIRECTORS: |
REGISTERED OFFICE: |
REGISTERED NUMBER: |
AUDITORS: |
Chartered Accountants & Statutory Auditors |
Suffolk House |
George Street |
Croydon |
Surrey |
CR0 0YN |
THE COMPANY OF HUMAN RESOURCE |
PROFESSIONALS LIMITED (REGISTERED NUMBER: 10569618) |
Balance Sheet |
31st December 2022 |
31.12.22 | 31.12.21 |
Notes | £ | £ | £ | £ |
FIXED ASSETS |
Tangible assets | 4 |
CURRENT ASSETS |
Debtors | 5 |
Cash at bank |
CREDITORS |
Amounts falling due within one year | 6 |
NET CURRENT ASSETS |
TOTAL ASSETS LESS CURRENT LIABILITIES |
RESERVES |
Income and expenditure account |
In accordance with Section 444 of the Companies Act 2006, the Statement of Comprehensive Income has not been delivered. |
The financial statements were approved by the Board of Directors and authorised for issue on |
THE COMPANY OF HUMAN RESOURCE |
PROFESSIONALS LIMITED (REGISTERED NUMBER: 10569618) |
Notes to the Financial Statements |
for the year ended 31st December 2022 |
1. | STATUTORY INFORMATION |
The Company of Human Resource Professionals Limited is a |
On 13 April 2023 the directors resolved to change the company name from the Guild of Human Resource Professionals Limited, to the Company of Human Resource Professionals Limited. |
2. | ACCOUNTING POLICIES |
Basis of preparing the financial statements |
The financial statements are presented in pound sterling, rounded to the nearest pound. |
Turnover |
Turnover is recognised to the extend that it is probable that the economic benefits will flow to the company and the turnover can be reliably measured. Turnover i measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. |
Rendering of services |
Income from a contract to provide services is recognised in the period in which the services are provided in accordance with the stage of completion of the contract and when all of the following conditions are satisfied: |
- | the amount of income can be measured reliably; |
- | it is probable that the company will receive the consideration due under the contract; |
- | the stage of completion of the contract at the end of the reporting period can be measured reliably; |
- | the costs incurred and the costs to complete the contract can be measured reliably. |
Tangible fixed assets |
Tangible assets are stated at cost less accumulated depreciation and accumulated impairment losses. Cost includes the original purchase price, costs directly attributable to bringing the asset to its working condition for its intended use, dismantling and restoration costs. |
Depreciation is provided on all tangible fixed assets at rates calculated to write off the cost, less estimated residual value, of each asset on a straight-line basis over its expected useful life. |
All assets of the company are classified as other fixed assets, which are depreciated over 300 years. |
The assets' residual values and useful lives are reviewed and adjusted, if appropriate, at the end of each reporting period. The effect of any change is accounted for prospectively. |
Tangible assets are derecognised on disposal or when no future economic benefits are expected. On disposal the difference between the net disposal proceeds and the carrying amount is recognised within profit or loss. |
THE COMPANY OF HUMAN RESOURCE |
PROFESSIONALS LIMITED (REGISTERED NUMBER: 10569618) |
Notes to the Financial Statements - continued |
for the year ended 31st December 2022 |
2. | ACCOUNTING POLICIES - continued |
Financial instruments |
The company has financial assets and financial liabilities of a kind that qualify as basic financial instruments. Basic financial instruments are initially recognised at transaction value and subsequently measured at their settlement value. |
Debtors |
Short term debtors are measured at transaction price, less any impairment. |
Cash and cash equivalents |
Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. |
Creditors |
Short term creditors are measured at the transaction price. Other financial liabilities are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method. |
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. |
Retirement benefits |
the company participates in a defined contribution pension scheme and the amount charged to the profit and loss account in respect of pension costs and other post-retirement benefits is the contributions payable in the period. Differences between contributions payable in the period and contributions actually paid are shown as either accruals or prepayments in the period to which they relate. |
3. | EMPLOYEES AND DIRECTORS |
The average number of employees during the year was |
THE COMPANY OF HUMAN RESOURCE |
PROFESSIONALS LIMITED (REGISTERED NUMBER: 10569618) |
Notes to the Financial Statements - continued |
for the year ended 31st December 2022 |
4. | TANGIBLE FIXED ASSETS |
Other |
fixed |
assets |
£ |
COST |
At 1st January 2022 |
and 31st December 2022 |
DEPRECIATION |
At 1st January 2022 |
Charge for year |
At 31st December 2022 |
NET BOOK VALUE |
At 31st December 2022 |
At 31st December 2021 |
5. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
31.12.22 | 31.12.21 |
£ | £ |
Trade debtors |
Other debtors |
Prepayments and accrued income |
6. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
31.12.22 | 31.12.21 |
£ | £ |
Social security and other taxes |
Accruals and deferred income |
7. | AUDITORS' INFORMATION |
The audit report provided to the members of The Company of Human Resource Professionals Limited on the financial statements for the period ended 31 December 2022 was not qualified. |
The audit report was signed by John Millidge (Senior Statutory Auditor) for and on behalf of Simpson Wreford & Partners, Chartered Accountants and Statutory Auditor. |