Caseware UK (AP4) 2022.0.179 2022.0.179 2023-01-312023-01-31falseNo description of principal activity2022-02-0163truetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. 12435936 2022-02-01 2023-01-31 12435936 2021-02-01 2022-01-31 12435936 2023-01-31 12435936 2022-01-31 12435936 c:Director1 2022-02-01 2023-01-31 12435936 d:PlantMachinery 2022-02-01 2023-01-31 12435936 d:PlantMachinery 2023-01-31 12435936 d:PlantMachinery 2022-01-31 12435936 d:PlantMachinery d:OwnedOrFreeholdAssets 2022-02-01 2023-01-31 12435936 d:MotorVehicles 2022-02-01 2023-01-31 12435936 d:MotorVehicles 2023-01-31 12435936 d:MotorVehicles 2022-01-31 12435936 d:MotorVehicles d:OwnedOrFreeholdAssets 2022-02-01 2023-01-31 12435936 d:FurnitureFittings 2022-02-01 2023-01-31 12435936 d:FurnitureFittings 2023-01-31 12435936 d:FurnitureFittings 2022-01-31 12435936 d:FurnitureFittings d:OwnedOrFreeholdAssets 2022-02-01 2023-01-31 12435936 d:ComputerEquipment 2022-02-01 2023-01-31 12435936 d:ComputerEquipment 2023-01-31 12435936 d:ComputerEquipment 2022-01-31 12435936 d:ComputerEquipment d:OwnedOrFreeholdAssets 2022-02-01 2023-01-31 12435936 d:OwnedOrFreeholdAssets 2022-02-01 2023-01-31 12435936 d:CurrentFinancialInstruments 2023-01-31 12435936 d:CurrentFinancialInstruments 2022-01-31 12435936 d:Non-currentFinancialInstruments 2023-01-31 12435936 d:Non-currentFinancialInstruments 2022-01-31 12435936 d:CurrentFinancialInstruments d:WithinOneYear 2023-01-31 12435936 d:CurrentFinancialInstruments d:WithinOneYear 2022-01-31 12435936 d:Non-currentFinancialInstruments d:AfterOneYear 2023-01-31 12435936 d:Non-currentFinancialInstruments d:AfterOneYear 2022-01-31 12435936 d:Non-currentFinancialInstruments d:BetweenOneTwoYears 2023-01-31 12435936 d:Non-currentFinancialInstruments d:BetweenOneTwoYears 2022-01-31 12435936 d:ShareCapital 2023-01-31 12435936 d:ShareCapital 2022-01-31 12435936 d:SharePremium 2023-01-31 12435936 d:SharePremium 2022-01-31 12435936 d:RetainedEarningsAccumulatedLosses 2023-01-31 12435936 d:RetainedEarningsAccumulatedLosses 2022-01-31 12435936 d:FinancialAssetsDesignatedFairValueThroughProfitOrLoss 2023-01-31 12435936 d:FinancialAssetsDesignatedFairValueThroughProfitOrLoss 2022-01-31 12435936 d:AcceleratedTaxDepreciationDeferredTax 2023-01-31 12435936 d:AcceleratedTaxDepreciationDeferredTax 2022-01-31 12435936 c:OrdinaryShareClass1 2022-02-01 2023-01-31 12435936 c:OrdinaryShareClass1 2023-01-31 12435936 c:OrdinaryShareClass1 2022-01-31 12435936 c:OrdinaryShareClass2 2022-02-01 2023-01-31 12435936 c:OrdinaryShareClass2 2023-01-31 12435936 c:OrdinaryShareClass2 2022-01-31 12435936 c:FRS102 2022-02-01 2023-01-31 12435936 c:AuditExempt-NoAccountantsReport 2022-02-01 2023-01-31 12435936 c:FullAccounts 2022-02-01 2023-01-31 12435936 c:PrivateLimitedCompanyLtd 2022-02-01 2023-01-31 12435936 d:WithinOneYear 2023-01-31 12435936 d:WithinOneYear 2022-01-31 12435936 2 2022-02-01 2023-01-31 12435936 6 2022-02-01 2023-01-31 iso4217:GBP xbrli:shares xbrli:pure

Registered number: 12435936









HARLYN SOLUTIONS LIMITED







UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 31 JANUARY 2023

 
HARLYN SOLUTIONS LIMITED
REGISTERED NUMBER: 12435936

BALANCE SHEET
AS AT 31 JANUARY 2023

2023
2022
Note
£
£

Fixed assets
  

Tangible assets
 5 
224,064
148,476

Investments
 6 
4,672
4,672

  
228,736
153,148

Current assets
  

Debtors
 7 
328,348
84,553

Cash at bank and in hand
 8 
368,151
252,701

  
696,499
337,254

Creditors: amounts falling due within one year
 9 
(307,276)
(211,307)

Net current assets
  
 
 
389,223
 
 
125,947

Total assets less current liabilities
  
617,959
279,095

Creditors: amounts falling due after more than one year
 10 
(28,271)
(37,500)

Provisions for liabilities
  

Deferred tax
 13 
(37,904)
(28,021)

  
 
 
(37,904)
 
 
(28,021)

Net assets
  
551,784
213,574


Capital and reserves
  

Called up share capital 
 14 
1
1

Share premium account
  
5,000
5,000

Profit and loss account
  
546,783
208,573

  
551,784
213,574


Page 1

 
HARLYN SOLUTIONS LIMITED
REGISTERED NUMBER: 12435936
    
BALANCE SHEET (CONTINUED)
AS AT 31 JANUARY 2023

The directors consider that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime and in accordance with the provisions of FRS 102 Section 1A - small entities.

The financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The Company has opted not to file the statement of income and retained earnings in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf on 27 September 2023.




Mr H Adamson
Director

The notes on pages 3 to 11 form part of these financial statements.

Page 2

 
HARLYN SOLUTIONS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2023

1.


General information

Harlyn Solutions Limited is a private company (company number: 12435936) limited by shares incorporated in England and Wales. The registered office is Blyth Workspace, Commissioners Quay, Quay Road, Blyth, NE24 3AF.

2.Accounting policies

 
2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with Section 1A of Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006.

The financial statements are prepared in sterling, which is the functional currency of the entity. Monetary amounts in these financial statements are rounded to the nearest £. 

The following principal accounting policies have been applied:

 
2.2

Going concern

At the time of approving the financial statements, and after giving due consideration to the possible effects of the COVID-19 pandemic on the business, the directors have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. Thus the directors continue to adopt the going concern basis of accounting in preparing the financial statements.

 
2.3

Interest income

Interest income is recognised in profit or loss using the effective interest method.

 
2.4

Turnover

Turnover is recognised at the fair value of the consideration received or receivable for services provided in the normal course of business, and is shown net of VAT and other sales related taxes.

 
2.5

Tangible fixed assets

Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment losses.

Page 3

 
HARLYN SOLUTIONS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2023

2.Accounting policies (continued)


2.5
Tangible fixed assets (continued)

Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, using the straight-line method.

Depreciation is provided on the following basis:

Plant and machinery
-
25%
straight line
Motor vehicles
-
25%
straight line
Fixtures and fittings
-
25%
straight line
Computer equipment
-
25%
straight line

The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date.

Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in profit or loss.

 
2.6

Fixed asset investments

Investments in subsidiaries are measured at cost less accumulated impairment.

A subsidiary is an entity controlled by the company. Control is the power to govern the financial and
operating policies of the entity so as to obtain benefits from its activities.
An associate is an entity, being neither a subsidiary nor a joint venture, in which the company holds a long-term interest and where the company has significant influence. The company considers that it has significant influence where it has the power to participate in the financial and operating decisions of the associate.
Entities in which the company has a long term interest and shares control under a contractual arrangement are classified as jointly controlled entities.

  
2.7

Impairment of fixed assets

At each reporting period end date, the company reviews the carrying amounts of its tangible assets to determine whether there is any indication that those assets have suffered an impairment loss. If any such indication exists, the recoverable amount of the asset is estimated in order to determine the extent of the impairment loss (if any). Where it is not possible to estimate the recoverable amount of an individual asset, the company estimates the recoverable amount of the cash-generating unit to which the asset belongs.

 
2.8

Cash and cash equivalents

Cash and cash equivalents are basic financial assets and include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities.

Page 4

 
HARLYN SOLUTIONS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2023

2.Accounting policies (continued)

  
2.9

Financial instruments

The company has elected to apply the provisions of Section 11 ‘Basic Financial Instruments’ and Section 12 ‘Other Financial Instruments Issues’ of FRS 102 to all of its financial instruments.
Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

  
2.10

Equity instruments

Equity instruments issued by the company are recorded at the proceeds received, net of transaction costs. Dividends payable on equity instruments are recognised as liabilities once they are no longer at the discretion of the company.

  
2.11

Taxation

The tax expense represents the sum of the tax currently payable and deferred tax.
Current tax
The tax currently payable is based on taxable profit for the year. Taxable profit differs from net profit as reported in the profit and loss account because it excludes items of income or expense that are taxable or deductible in other years and it further excludes items that are never taxable or deductible. The company’s liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the reporting end date.
Deferred tax
Deferred tax liabilities are generally recognised for all timing differences and deferred tax assets are
recognised to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Such assets and liabilities are not recognised if the timing difference arises from goodwill or from the initial recognition of other assets and liabilities in a transaction that affects neither the tax profit nor the accounting profit.

  
2.12

Retirement benefits

Payments to defined contribution retirement benefit schemes are charged as an expense as they fall due.

  
2.13

Leases

Rentals payable under operating leases, including any lease incentives received, are charged to profit or loss on a straight line basis over the term of the relevant lease except where another more systematic basis is more representative of the time pattern in which economic benefits from the leases asset are consumed.

  
2.14

Government grants

Government grants are recognised at the fair value of the asset received or receivable when there is reasonable assurance that the grant conditions will be met and the grants will be received.

Page 5

 
HARLYN SOLUTIONS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2023

2.Accounting policies (continued)

  
2.15

Foreign exchange

Transactions in currencies other than pounds sterling are recorded at the rates of exchange prevailing at the dates of the transactions. At each reporting end date, monetary assets and liabilities that are denominated in foreign currencies are retranslated at the rates prevailing on the reporting end date. Gains and losses arising on translation in the period are included in profit or loss.

 
2.16

Dividends

Equity dividends are recognised when they become legally payable. Interim equity dividends are recognised when paid. Final equity dividends are recognised when approved by the shareholders at an annual general meeting.


3.


Judgements in applying accounting policies and key sources of estimation uncertainty

 In the application of the company’s accounting policies, the directors are required to make judgements,
estimates and assumptions about the carrying amount of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates.
The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting
estimates are recognised in the period in which the estimate is revised where the revision affects only that period, or in the period of the revision and future periods where the revision affects both current and future periods.


4.


Employees

The average monthly number of employees, including directors, during the year was 6 (2022 - 3).

Page 6

 
HARLYN SOLUTIONS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2023

5.


Tangible fixed assets





Plant and machinery
Motor vehicles
Fixtures and fittings
Computer equipment
Total

£
£
£
£
£



Cost or valuation


At 1 February 2022
84,784
70,974
8,031
59,259
223,048


Additions
34,655
92,672
5,164
63,843
196,334


Disposals
-
(21,192)
-
-
(21,192)



At 31 January 2023

119,439
142,454
13,195
123,102
398,190



Depreciation


At 1 February 2022
24,032
27,368
3,578
19,594
74,572


Charge for the year on owned assets
29,860
40,913
3,301
30,778
104,852


Disposals
-
(5,298)
-
-
(5,298)



At 31 January 2023

53,892
62,983
6,879
50,372
174,126



Net book value



At 31 January 2023
65,547
79,471
6,316
72,730
224,064



At 31 January 2022
60,752
43,606
4,453
39,665
148,476

Page 7

 
HARLYN SOLUTIONS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2023

6.


Fixed asset investments





Investments in subsidiary companies

£



Cost or valuation


At 1 February 2022
4,672



At 31 January 2023
4,672





7.


Debtors

2023
2022
£
£



Trade debtors
302,660
76,518

Other debtors
23,993
6,833

Prepayments and accrued income
1,695
1,202

328,348
84,553



8.


Cash and cash equivalents

2023
2022
£
£

Cash at bank and in hand
368,151
252,701

368,151
252,701


Page 8

 
HARLYN SOLUTIONS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2023

9.


Creditors: Amounts falling due within one year

2023
2022
£
£

Other loans
9,808
10,000

Trade creditors
198,261
105,765

Amounts owed to group undertakings
-
27,090

Amounts owed to other participating interests
-
15,910

Corporation tax
78,063
31,552

Other taxation and social security
14,189
-

Other creditors
3,317
12,590

Accruals and deferred income
3,638
8,400

307,276
211,307



10.


Creditors: Amounts falling due after more than one year

2023
2022
£
£

Other loans
28,271
37,500

28,271
37,500


Page 9

 
HARLYN SOLUTIONS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2023

11.


Loans


Analysis of the maturity of loans is given below:


2023
2022
£
£

Amounts falling due within one year

Other loans
9,808
10,000


9,808
10,000

Amounts falling due 1-2 years

Other loans
28,271
37,500


28,271
37,500



38,079
47,500



12.


Financial instruments

2023
2022
£
£

Financial assets


Financial assets measured at fair value through profit or loss
368,151
368,151




13.


Deferred taxation




2023


£






At beginning of year
(28,021)


Charged to profit or loss
(9,883)



At end of year
(37,904)

Page 10

 
HARLYN SOLUTIONS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2023
 
13.Deferred taxation (continued)

The provision for deferred taxation is made up as follows:

2023
2022
£
£


Accelerated capital allowances
(37,904)
(28,021)

(37,904)
(28,021)


14.


Share capital

2023
2022
£
£
Authorised, allotted, called up and fully paid



100 (2022 - 100) Ordinary shares of £0.01 each
1
1
6 (2022 - 6) Ordinary A shares of £0.01 each
-
-

1

1



15.


Commitments under operating leases

At 31 January 2023 the Company had future minimum lease payments due under non-cancellable operating leases for each of the following periods:

2023
2022
£
£


Not later than 1 year
14,762
9,616

14,762
9,616

 
Page 11