Caseware UK (AP4) 2022.0.179 2022.0.179 2023-03-312023-03-312022-04-01falseNo description of principal activity22truetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. 09648052 2022-04-01 2023-03-31 09648052 2021-04-01 2022-03-31 09648052 2023-03-31 09648052 2022-03-31 09648052 c:Director1 2022-04-01 2023-03-31 09648052 d:OfficeEquipment 2022-04-01 2023-03-31 09648052 d:OfficeEquipment 2023-03-31 09648052 d:OfficeEquipment 2022-03-31 09648052 d:OfficeEquipment d:OwnedOrFreeholdAssets 2022-04-01 2023-03-31 09648052 d:CurrentFinancialInstruments 2023-03-31 09648052 d:CurrentFinancialInstruments 2022-03-31 09648052 d:CurrentFinancialInstruments d:WithinOneYear 2023-03-31 09648052 d:CurrentFinancialInstruments d:WithinOneYear 2022-03-31 09648052 d:ShareCapital 2023-03-31 09648052 d:ShareCapital 2022-03-31 09648052 d:RetainedEarningsAccumulatedLosses 2023-03-31 09648052 d:RetainedEarningsAccumulatedLosses 2022-03-31 09648052 c:FRS102 2022-04-01 2023-03-31 09648052 c:AuditExempt-NoAccountantsReport 2022-04-01 2023-03-31 09648052 c:FullAccounts 2022-04-01 2023-03-31 09648052 c:PrivateLimitedCompanyLtd 2022-04-01 2023-03-31 09648052 2 2022-04-01 2023-03-31 iso4217:GBP xbrli:pure

Registered number: 09648052










SUSANNAH BOURNE COMMUNICATIONS LTD








UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 31 MARCH 2023

 
SUSANNAH BOURNE COMMUNICATIONS LTD
REGISTERED NUMBER: 09648052

BALANCE SHEET
AS AT 31 MARCH 2023

2023
2022
Note
£
£

Fixed assets
  

Tangible assets
 4 
1,758
1

  
1,758
1

Current assets
  

Debtors: amounts falling due within one year
 5 
3,583
2,581

Cash at bank and in hand
 6 
53,831
-

  
57,414
2,581

Creditors: amounts falling due within one year
 7 
(16,577)
(2,453)

Net current assets
  
 
 
40,837
 
 
128

Total assets less current liabilities
  
42,595
129

  

Net assets
  
42,595
129


Capital and reserves
  

Called up share capital 
  
10
10

Profit and loss account
  
42,585
119

  
42,595
129


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 profit and loss account 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 3 October 2023.



Page 1

 
SUSANNAH BOURNE COMMUNICATIONS LTD
REGISTERED NUMBER: 09648052
    
BALANCE SHEET (CONTINUED)
AS AT 31 MARCH 2023


S Homan
Director

The notes on pages 3 to 7 form part of these financial statements.

Page 2

 
SUSANNAH BOURNE COMMUNICATIONS LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2023

1.


General information

Susannah Bourne Communications Ltd is a private company, limited by shares and registered in England.

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:

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.

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

Interest income

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

Page 3

 
SUSANNAH BOURNE COMMUNICATIONS LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2023

2.Accounting policies (continued)

 
2.4

Finance costs

Finance costs are charged to profit or loss over the term of the debt using the effective interest method so that the amount charged is at a constant rate on the carrying amount. Issue costs are initially recognised as a reduction in the proceeds of the associated capital instrument.

 
2.5

Borrowing costs

All borrowing costs are recognised in profit or loss in the year in which they are incurred.

 
2.6

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.

 
2.7

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.

 
2.8

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
-
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.

Page 4

 
SUSANNAH BOURNE COMMUNICATIONS LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2023

2.Accounting policies (continued)

 
2.9

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.

 
2.10

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.

 
2.11

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.

 
2.12

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.


3.


Employees

The average monthly number of employees, including directors, during the year was 2 (2022 - 2).

Page 5

 
SUSANNAH BOURNE COMMUNICATIONS LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2023

4.


Tangible fixed assets





Office equipment

£



Cost or valuation


At 1 April 2022
2,214


Additions
2,635



At 31 March 2023

4,849



Depreciation


At 1 April 2022
2,213


Charge for the year on owned assets
878



At 31 March 2023

3,091



Net book value



At 31 March 2023
1,758



At 31 March 2022
1
Page 6

 
SUSANNAH BOURNE COMMUNICATIONS LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2023

5.


Debtors

2023
2022
£
£


Trade debtors
3,583
2,318

Other debtors
-
263

3,583
2,581



6.


Cash and cash equivalents

2023
2022
£
£

Cash at bank and in hand
53,831
-

Less: bank overdrafts
-
(11)

53,831
(11)



7.


Creditors: Amounts falling due within one year

2023
2022
£
£

Bank overdrafts
-
11

Trade creditors
900
-

Corporation tax
9,363
318

Other taxation and social security
3,812
-

Other creditors
1,801
1,189

Accruals and deferred income
701
935

16,577
2,453



8.


Pension commitments

The company makes contributions to employees' approved personal pension schemes. These payments
are made on a defined contributions basis. The pension cost charge represents contributions payable by
the company to the fund and amounted to £148,280 (2022 £nil).

 
Page 7