Caseware UK (AP4) 2022.0.179 2022.0.179 2023-01-312023-01-311true12022-02-01falseNo description of principal activitytrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. 08830058 2022-02-01 2023-01-31 08830058 2021-02-01 2022-01-31 08830058 2023-01-31 08830058 2022-01-31 08830058 c:Director1 2022-02-01 2023-01-31 08830058 d:CurrentFinancialInstruments 2023-01-31 08830058 d:CurrentFinancialInstruments 2022-01-31 08830058 d:CurrentFinancialInstruments d:WithinOneYear 2023-01-31 08830058 d:CurrentFinancialInstruments d:WithinOneYear 2022-01-31 08830058 d:ShareCapital 2023-01-31 08830058 d:ShareCapital 2022-01-31 08830058 d:RetainedEarningsAccumulatedLosses 2023-01-31 08830058 d:RetainedEarningsAccumulatedLosses 2022-01-31 08830058 c:FRS102 2022-02-01 2023-01-31 08830058 c:AuditExempt-NoAccountantsReport 2022-02-01 2023-01-31 08830058 c:FullAccounts 2022-02-01 2023-01-31 08830058 c:PrivateLimitedCompanyLtd 2022-02-01 2023-01-31 08830058 6 2022-02-01 2023-01-31 iso4217:GBP xbrli:pure

Registered number: 08830058









THE OLD SORTING OFFICE (BOURNEMOUTH) LTD.







UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE PERIOD ENDED 31 JANUARY 2023

 
THE OLD SORTING OFFICE (BOURNEMOUTH) LTD.
REGISTERED NUMBER: 08830058

BALANCE SHEET
AS AT 31 JANUARY 2023

2023
2022
Note
£
£

Fixed assets
  

Investments
 4 
500
500

  
500
500

Current assets
  

Stocks
 5 
450,500
450,500

Debtors: amounts falling due within one year
 6 
1,287,259
1,299,603

Cash at bank and in hand
  
40,121
42,895

  
1,777,880
1,792,998

Creditors: amounts falling due within one year
  
(732,721)
(576,221)

Net current assets
  
 
 
1,045,159
 
 
1,216,777

Total assets less current liabilities
  
1,045,659
1,217,277

  

Net assets
  
1,045,659
1,217,277


Capital and reserves
  

Called up share capital 
  
500
500

Profit and loss account
  
1,045,159
1,216,777

  
1,045,659
1,217,277


The director considers 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 director acknowledges his 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.

The financial statements were approved and authorised for issue by the board and were signed on its behalf on 16 October 2023.

Dr. F. O. Rahim
Page 1

 
THE OLD SORTING OFFICE (BOURNEMOUTH) LTD.
REGISTERED NUMBER: 08830058
    
BALANCE SHEET (CONTINUED)
AS AT 31 JANUARY 2023

Director

The notes on pages 3 to 5 form part of these financial statements.

Page 2

 
THE OLD SORTING OFFICE (BOURNEMOUTH) LTD.
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 JANUARY 2023

1.


General information

The entity is a limited company registered in England and Wales.

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

Exemption from preparing consolidated financial statements

The Company, and the Group headed by it, qualify as small as set out in section 383 of the Companies Act 2006 and the parent and Group are considered eligible for the exemption to prepare consolidated accounts.

 
2.3

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:

Sale of goods

Revenue from the sale of goods is recognised when all of the following conditions are satisfied:
the Company has transferred the significant risks and rewards of ownership to the buyer;
the Company retains neither continuing managerial involvement to the degree usually associated with ownership nor effective control over the goods sold;
the amount of revenue can be measured reliably;
it is probable that the Company will receive the consideration due under the transaction; and
the costs incurred or to be incurred in respect of the transaction can be measured reliably.

 
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

Valuation of investments

Investments in subsidiaries are measured at cost less accumulated impairment.

Page 3

 
THE OLD SORTING OFFICE (BOURNEMOUTH) LTD.
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 JANUARY 2023

2.Accounting policies (continued)

 
2.6

Stocks

Stocks are stated at the lower of cost and net realisable value, being the estimated selling price less costs to complete and sell. Cost is based on the cost of purchase on a first in, first out basis. Work in progress and finished goods include labour and attributable overheads.

At each balance sheet date, stocks are assessed for impairment. If stock is impaired, the carrying amount is reduced to its selling price less costs to complete and sell. The impairment loss is recognised immediately in profit or loss.


3.


Employees

The average monthly number of employees, including directors, during the period was 1 (2022 - 1).


4.


Fixed asset investments





Investments in subsidiary companies

£



Cost or valuation


At 1 February 2022
500



At 31 January 2023
500





5.


Stocks

2023
2022
£
£

Finished goods and goods for resale
450,500
450,500

450,500
450,500



6.


Debtors

2023
2022
£
£


Amounts owed by group undertakings
836,589
836,590

Other debtors
450,670
463,013
Page 4

 
THE OLD SORTING OFFICE (BOURNEMOUTH) LTD.
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 JANUARY 2023

6.Debtors (continued)


1,287,259
1,299,603


Page 5