Caseware UK (AP4) 2022.0.179 2022.0.179 2023-05-312023-05-31No description of principal activityfalse02022-05-04false3trueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. 14086347 2022-05-03 14086347 2022-05-04 2023-05-31 14086347 2021-04-01 2022-05-03 14086347 2023-05-31 14086347 c:Director2 2022-05-04 2023-05-31 14086347 d:OfficeEquipment 2022-05-04 2023-05-31 14086347 d:OfficeEquipment 2023-05-31 14086347 d:OfficeEquipment d:OwnedOrFreeholdAssets 2022-05-04 2023-05-31 14086347 d:ComputerEquipment 2022-05-04 2023-05-31 14086347 d:ComputerEquipment 2023-05-31 14086347 d:ComputerEquipment d:OwnedOrFreeholdAssets 2022-05-04 2023-05-31 14086347 d:OwnedOrFreeholdAssets 2022-05-04 2023-05-31 14086347 d:CurrentFinancialInstruments 2023-05-31 14086347 d:CurrentFinancialInstruments d:WithinOneYear 2023-05-31 14086347 d:ShareCapital 2023-05-31 14086347 d:RetainedEarningsAccumulatedLosses 2023-05-31 14086347 c:FRS102 2022-05-04 2023-05-31 14086347 c:AuditExempt-NoAccountantsReport 2022-05-04 2023-05-31 14086347 c:FullAccounts 2022-05-04 2023-05-31 14086347 c:PrivateLimitedCompanyLtd 2022-05-04 2023-05-31 iso4217:GBP xbrli:pure
Registered number: 14086347









CIVIL STUDIO LIMITED
UNAUDITED
FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 MAY 2023














 
CIVIL STUDIO LIMITED
REGISTERED NUMBER:14086347

BALANCE SHEET
AS AT 31 MAY 2023

2023
Note
£

Fixed assets
  

Tangible assets
 4 
10,745

  
10,745

Current assets
  

Debtors: amounts falling due within one year
 5 
59,328

Cash at bank and in hand
 6 
112,490

  
171,818

Creditors: amounts falling due within one year
 6 
(169,570)

Net current assets
  
 
 
2,248

Total assets less current liabilities
  
12,993

  

Net assets
  
12,993


Capital and reserves
  

Called up share capital 
  
1,000

Profit and loss account
  
11,993

  
12,993


Page 1

 
CIVIL STUDIO LIMITED
REGISTERED NUMBER:14086347
    
BALANCE SHEET (CONTINUED)
AS AT 31 MAY 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 period 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 5 October 2023.




J Purdue 
Director

The notes on pages 3 to 6 form part of these financial statements.

Page 2

 
CIVIL STUDIO LIMITED
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 MAY 2023

1.


General information

Civil Studio Limited is a private company, limited by shares, domiciled in England and Wales. The registered office is Courtenay House, Pynes Hill, Exeter, England, EX2 5AZ.

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 following principal accounting policies have been applied:

 
2.2

Revenue

Revenue is recognised to the extent that it is probable that the economic benefits will flow to the Company and the revenue can be reliably measured. Revenue is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. The following criteria must also be met before revenue is recognised:

Rendering of services

Revenue 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 when all of the following conditions are satisfied:
the amount of revenue 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; and
the costs incurred and the costs to complete the contract can be measured reliably.

 
2.3

Pensions

Defined contribution pension plan

The Company operates a defined contribution plan for its employees. A defined contribution plan is a pension plan under which the Company pays fixed contributions into a separate entity. Once the contributions have been paid the Company has no further payment obligations.

The contributions are recognised as an expense in profit or loss when they fall due. Amounts not paid are shown in accruals as a liability in the Balance sheet. The assets of the plan are held separately from the Company in independently administered funds.

Page 3

 
CIVIL STUDIO LIMITED
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 MAY 2023

2.Accounting policies (continued)

 
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

Tangible fixed assets

Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management.

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:

Office equipment
-
20%
Straight line
Computer equipment
-
33%
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

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.

 
2.7

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.

 
2.8

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.

Page 4

 
CIVIL STUDIO LIMITED
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 MAY 2023

2.Accounting policies (continued)

 
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 period was 3.


4.


Tangible fixed assets





Office equipment
Computer equipment
Total

£
£
£



Cost or valuation


Additions
1,602
9,782
11,384



At 31 May 2023

1,602
9,782
11,384



Depreciation


Charge for the period on owned assets
432
207
639



At 31 May 2023

432
207
639



Net book value



At 31 May 2023
1,170
9,575
10,745


5.


Debtors

2023
£


Trade debtors
48,325

Prepayments and accrued income
11,003

59,328


Page 5

 
CIVIL STUDIO LIMITED
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 MAY 2023

6.


Cash and cash equivalents

2023
£

Cash at bank and in hand
112,490

112,490



7.


Creditors: Amounts falling due within one year

2023
£

Corporation tax
12,545

Other taxation and social security
7,842

Other creditors
149,183

169,570



8.


Pension commitments

The Company operates a defined contributions pension scheme. The pension cost charge represents
contributions payable by the Company to the fund and amounted to £960. Contributions totalling £183 were payable to the fund at the balance sheet date.

 
Page 6