Caseware UK (AP4) 2022.0.179 2022.0.179 2023-03-312023-03-312022-04-01truefalsefalseManagement consultancy activities other than financial management33The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. 07337409 2022-04-01 2023-03-31 07337409 2021-04-01 2022-03-31 07337409 2023-03-31 07337409 2022-03-31 07337409 2021-04-01 07337409 c:Director1 2022-04-01 2023-03-31 07337409 d:CurrentFinancialInstruments 2023-03-31 07337409 d:CurrentFinancialInstruments 2022-03-31 07337409 d:CurrentFinancialInstruments d:WithinOneYear 2023-03-31 07337409 d:CurrentFinancialInstruments d:WithinOneYear 2022-03-31 07337409 d:ShareCapital 2023-03-31 07337409 d:ShareCapital 2022-03-31 07337409 d:ShareCapital 2021-04-01 07337409 d:SharePremium 2023-03-31 07337409 d:SharePremium 2022-03-31 07337409 d:SharePremium 2021-04-01 07337409 d:CapitalRedemptionReserve 2023-03-31 07337409 d:CapitalRedemptionReserve 2022-03-31 07337409 d:CapitalRedemptionReserve 2021-04-01 07337409 d:RetainedEarningsAccumulatedLosses 2022-04-01 2023-03-31 07337409 d:RetainedEarningsAccumulatedLosses 2023-03-31 07337409 d:RetainedEarningsAccumulatedLosses 2021-04-01 2022-03-31 07337409 d:RetainedEarningsAccumulatedLosses 2022-03-31 07337409 d:RetainedEarningsAccumulatedLosses 2021-04-01 07337409 c:OrdinaryShareClass1 2022-04-01 2023-03-31 07337409 c:OrdinaryShareClass1 2023-03-31 07337409 c:OrdinaryShareClass1 2022-03-31 07337409 c:FRS102 2022-04-01 2023-03-31 07337409 c:AuditExempt-NoAccountantsReport 2022-04-01 2023-03-31 07337409 c:FullAccounts 2022-04-01 2023-03-31 07337409 c:PrivateLimitedCompanyLtd 2022-04-01 2023-03-31 07337409 2 2022-04-01 2023-03-31 xbrli:shares iso4217:GBP xbrli:pure

Registered number: 07337409









ORGANISATION EFFECTIVENESS CAMBRIDGE LTD







UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 31 MARCH 2023

 
ORGANISATION EFFECTIVENESS CAMBRIDGE LTD
REGISTERED NUMBER: 07337409

BALANCE SHEET
AS AT 31 MARCH 2023

2023
2022
Note
£
£

  

Current assets
  

Debtors: amounts falling due within one year
 4 
41,758
46,907

Cash at bank and in hand
  
33,609
31,317

  
75,367
78,224

Creditors: amounts falling due within one year
 5 
(3,600)
(4,271)

Net current assets
  
 
 
71,767
 
 
73,953

Total assets less current liabilities
  
71,767
73,953

  

Net assets
  
71,767
73,953


Capital and reserves
  

Called up share capital 
 6 
2,377
2,377

Share premium account
  
30,937
30,937

Capital redemption reserve
  
15,864
15,864

Profit and loss account
  
22,589
24,775

  
71,767
73,953


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 comprehensive income in accordance with provisions applicable to companies subject to the small companies' regime.

Page 1

 
ORGANISATION EFFECTIVENESS CAMBRIDGE LTD
REGISTERED NUMBER: 07337409
    
BALANCE SHEET (CONTINUED)
AS AT 31 MARCH 2023

The financial statements were approved and authorised for issue by the board and were signed on its behalf by: 




................................................
J M Goodridge
Director
Date: 29 September 2023

The notes on pages 4 to 6 form part of these financial statements.

Page 2

 
ORGANISATION EFFECTIVENESS CAMBRIDGE LTD
 

STATEMENT OF CHANGES IN EQUITY
FOR THE YEAR ENDED 31 MARCH 2023


Called up share capital
Share premium account
Capital redemption reserve
Profit and loss account
Total equity

£
£
£
£
£


At 1 April 2021
2,377
30,937
15,864
18,765
67,943



Profit for the year
-
-
-
7,199
7,199

Dividends: Equity capital
-
-
-
(1,189)
(1,189)



At 1 April 2022
2,377
30,937
15,864
24,775
73,953



Loss for the year
-
-
-
(997)
(997)

Dividends: Equity capital
-
-
-
(1,189)
(1,189)


At 31 March 2023
2,377
30,937
15,864
22,589
71,767


The notes on pages 4 to 6 form part of these financial statements.

Page 3

 
ORGANISATION EFFECTIVENESS CAMBRIDGE LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2023

1.


General information

Organisation Effectiveness Cambridge Ltd is a company limited by shares incorporated in England and Wales within the United Kingdom. The address of the registered office is 3 Wellington Court, Cambridge, Cambridgeshire, CB1 1HZ.
The Company's principal activity is that of a corporate member of OE Cam LLP.
The financial statements are presented in sterling which is the functional currency of the Company and rounded to the nearest £.
The significant accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all years presented unless otherwise stated.

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.

  
2.2

Turnover

Turnover is recognised to the extent that it is probable that the economic benefits will flow to the Company and the turnover can be reliably measured. Turnover is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

 
2.3

Interest income

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

 
2.4

Taxation

Tax is recognised in profit or loss except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the balance sheet date in the countries where the Company operates and generates income.

 
2.5

Debtors

Short-term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

Page 4

 
ORGANISATION EFFECTIVENESS CAMBRIDGE LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2023

2.Accounting policies (continued)

 
2.6

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. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.

 
2.7

Creditors

Short-term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

 
2.8

Financial instruments

The Company only enters into basic financial instrument transactions that result in the recognition of financial assets and liabilities like trade and other debtors and creditors, loans from banks and other third parties, loans to related parties and investments in ordinary shares.

Derivatives, including interest rate swaps and forward foreign exchange contracts, are not basic financial instruments. Derivatives are initially recognised at fair value on the date a derivative contract is entered into and are subsequently re-measured at their fair value. Changes in the fair value of derivatives are recognised in profit or loss in finance costs or income as appropriate. The company does not currently apply hedge accounting for interest rate and foreign exchange derivatives.

 
2.9

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.


Employees

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

Page 5

 
ORGANISATION EFFECTIVENESS CAMBRIDGE LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2023

4.


Debtors

2023
2022
£
£


Amounts owed by related undertakings
41,758
46,907



5.


Creditors: Amounts falling due within one year

2023
2022
£
£

Corporation tax
-
1,871

Accruals and deferred income
3,600
2,400

3,600
4,271



6.


Share capital

2023
2022
£
£
Allotted, called up and fully paid



2,377 (2022 - 2,377) Ordinary shares of £1.00 each
2,377
2,377



7.


Related party transactions

The Company has been allocated £4,681 (2022 - £9,847) of profits by OE Cam LLP and earned £220 (2022 - £203) of interest from this LLP. The total amount due from the LLP at the year end was £41,758 (2022 - £46,907).
During the year, a dividend of £888 (2022 - £888) was paid to P J Wilson, a director of the Company.


8.


Controlling party

P J Wilson is the ultimate controlling party.

 
Page 6