Caseware UK (AP4) 2022.0.179 2022.0.179 2023-04-302023-04-302022-05-01falseNo description of principal activity1715falsetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. 08231116 2022-05-01 2023-04-30 08231116 2023-04-30 08231116 2021-05-01 2022-04-30 08231116 2022-04-30 08231116 2021-05-01 08231116 c:Director1 2022-05-01 2023-04-30 08231116 c:Director1 2023-04-30 08231116 c:Director2 2022-05-01 2023-04-30 08231116 c:Director3 2022-05-01 2023-04-30 08231116 c:Director4 2022-05-01 2023-04-30 08231116 c:Director5 2022-05-01 2023-04-30 08231116 c:RegisteredOffice 2022-05-01 2023-04-30 08231116 d:ComputerEquipment 2022-05-01 2023-04-30 08231116 d:Goodwill 2022-05-01 2023-04-30 08231116 d:Goodwill 2023-04-30 08231116 d:Goodwill 2022-04-30 08231116 d:ComputerSoftware 2023-04-30 08231116 d:ComputerSoftware 2022-04-30 08231116 d:OtherResidualIntangibleAssets 2022-05-01 2023-04-30 08231116 d:CurrentFinancialInstruments 2023-04-30 08231116 d:CurrentFinancialInstruments 2022-04-30 08231116 d:CurrentFinancialInstruments d:WithinOneYear 2023-04-30 08231116 d:CurrentFinancialInstruments d:WithinOneYear 2022-04-30 08231116 d:ShareCapital 2022-05-01 2023-04-30 08231116 d:ShareCapital 2023-04-30 08231116 d:ShareCapital 2021-05-01 2022-04-30 08231116 d:ShareCapital 2022-04-30 08231116 d:ShareCapital 2021-05-01 08231116 d:SharePremium 2022-05-01 2023-04-30 08231116 d:SharePremium 2023-04-30 08231116 d:SharePremium 2021-05-01 2022-04-30 08231116 d:SharePremium 2022-04-30 08231116 d:SharePremium 2021-05-01 08231116 d:CapitalRedemptionReserve 2022-05-01 2023-04-30 08231116 d:CapitalRedemptionReserve 2023-04-30 08231116 d:CapitalRedemptionReserve 2021-05-01 2022-04-30 08231116 d:CapitalRedemptionReserve 2022-04-30 08231116 d:CapitalRedemptionReserve 2021-05-01 08231116 d:RetainedEarningsAccumulatedLosses 2022-05-01 2023-04-30 08231116 d:RetainedEarningsAccumulatedLosses 2023-04-30 08231116 d:RetainedEarningsAccumulatedLosses 2021-05-01 2022-04-30 08231116 d:RetainedEarningsAccumulatedLosses 2022-04-30 08231116 d:RetainedEarningsAccumulatedLosses 2021-05-01 08231116 c:FRS102 2022-05-01 2023-04-30 08231116 c:AuditExempt-NoAccountantsReport 2022-05-01 2023-04-30 08231116 c:FullAccounts 2022-05-01 2023-04-30 08231116 c:PrivateLimitedCompanyLtd 2022-05-01 2023-04-30 iso4217:GBP xbrli:pure
Company registration number: 08231116







UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED
30 APRIL 2023


GBH LAW LIMITED






































img78b6.png                        

 


GBH LAW LIMITED
 


 
COMPANY INFORMATION


Directors
H A Cameron Blackie (resigned 28 April 2023)
D E Herrington 
A S Tishler 
K L Shaw 
K V Doody 




Registered number
08231116



Registered office
7/8 Innovation Place
Douglas Drive

Godalming

Surrey

GU7 1JX




Accountants
Menzies LLP
Chartered Accountants

1st Floor

Midas House

62 Goldsworth Road

Woking

Surrey

GU21 6LQ




Page 1

 


GBH LAW LIMITED
08231116



STATEMENT OF FINANCIAL POSITION
AS AT 30 APRIL 2023

2023
2022
Note
£
£

Fixed assets
  

Tangible assets
  
15,281
7,354

  
15,281
7,354

Current assets
  

Debtors: amounts falling due within one year
 5 
522,247
449,251

Cash at bank and in hand
  
486,280
685,574

  
1,008,527
1,134,825

Creditors: amounts falling due within one year
 6 
(349,279)
(326,665)

Net current assets
  
 
 
659,248
 
 
808,160

Total assets less current liabilities
  
674,529
815,514

Provisions for liabilities
  

Deferred tax
  
(3,402)
-

Other provisions
  
-
(10,000)

  
 
 
(3,402)
 
 
(10,000)

Net assets
  
671,127
805,514

Page 2

 


GBH LAW LIMITED
08231116


    
STATEMENT OF FINANCIAL POSITION (CONTINUED)
AS AT 30 APRIL 2023

2023
2022
Note
£
£

Capital and reserves
  

Called up share capital 
  
36,000
51,000

Share premium account
  
24,990
24,990

Capital redemption reserve
  
27,000
12,000

Profit and loss account
  
583,137
717,524

  
671,127
805,514


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.

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




................................................
D E Herrington
Director

Date: 11 October 2023

The notes on pages 6 to 10 form part of these financial statements.

Page 3

 


GBH LAW LIMITED
 



STATEMENT OF CHANGES IN EQUITY
FOR THE YEAR ENDED 30 APRIL 2023


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

£
£
£
£
£

At 1 May 2022
51,000
24,990
12,000
717,524
805,514


Comprehensive income for the year

Profit for the year

-
-
-
455,453
455,453


Other comprehensive income for the year
-
-
-
-
-


Total comprehensive income for the year
-
-
-
455,453
455,453


Contributions by and distributions to owners

Dividends: Equity capital
-
-
-
(372,640)
(372,640)

Purchase of own shares
-
-
15,000
(217,200)
(202,200)

Shares cancelled during the year
(15,000)
-
-
-
(15,000)


Total transactions with owners
(15,000)
-
15,000
(589,840)
(589,840)


At 30 April 2023
36,000
24,990
27,000
583,137
671,127


The notes on pages 6 to 10 form part of these financial statements.

Page 4

 


GBH LAW LIMITED
 



STATEMENT OF CHANGES IN EQUITY
FOR THE YEAR ENDED 30 APRIL 2022


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

£
£
£
£
£

At 1 May 2021
51,000
24,990
12,000
647,437
735,427


Comprehensive income for the year

Profit for the year

-
-
-
482,247
482,247


Other comprehensive income for the year
-
-
-
-
-


Total comprehensive income for the year
-
-
-
482,247
482,247


Contributions by and distributions to owners

Dividends: Equity capital
-
-
-
(412,160)
(412,160)


At 30 April 2022
-
-
-
(412,160)
(412,160)


At 30 April 2022
51,000
24,990
12,000
717,524
805,514


The notes on pages 6 to 10 form part of these financial statements.

Page 5

 


GBH LAW LIMITED
 


 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2023

1.


General information

GBH Law Limited is a private company limited by shares incorporated in the United Kingdom under the Companies Act 2006 and is registered in England and Wales. The address of its registered office and principal place of business is 7/8 Innovation Place, Douglas Drive, Godalming, Surrey, GU7 1JX.
The company's functional and presentational currency is GBP.

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. The following criteria must also be met before turnover is recognised:

Rendering of services

Turnover 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 turnover 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

Intangible assets

Intangible assets are initially recognised at cost. After recognition, under the cost model, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

All intangible assets are considered to have a finite useful life. If a reliable estimate of the useful life cannot be made, the useful life shall not exceed ten years.

 The estimated useful lives range as follows:

Goodwill
-
5
years straight line
Other intangible fixed assets
-
5
years straight line

 
2.4

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.

Page 6

 


GBH LAW LIMITED
 


 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2023

2.Accounting policies (continued)


2.4
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:

Office and Computer equipment
-
3 years 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.

 
2.5

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.

 
2.6

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.

 
2.7

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.

 
2.8

Operating leases: the Company as lessee

Rentals paid under operating leases are charged to profit or loss on a straight-line basis over the lease term.

 
2.9

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 Statement of Financial Position. The assets of the plan are held separately from the Company in independently administered funds.

 
2.10

Borrowing costs

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

Page 7

 


GBH LAW LIMITED
 


 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2023

2.Accounting policies (continued)

 
2.11

Provisions for liabilities

Provisions are made where an event has taken place that gives the Company a legal or constructive obligation that probably requires settlement by a transfer of economic benefit, and a reliable estimate can be made of the amount of the obligation.
Provisions are charged as an expense to profit or loss in the year that the Company becomes aware of the obligation, and are measured at the best estimate at the reporting date of the expenditure required to settle the obligation, taking into account relevant risks and uncertainties.
When payments are eventually made, they are charged to the provision carried in the Statement of Financial Position.

 
2.12

Current and deferred taxation

The tax expense for the year comprises current and deferred tax. 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 reporting date in the countries where the Company operates and generates income.

Deferred tax balances are recognised in respect of all timing differences that have originated but not reversed by the reporting date, except that:
The recognition of deferred tax assets is limited to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits; and
Any deferred tax balances are reversed if and when all conditions for retaining associated tax allowances have been met.

Deferred tax balances are not recognised in respect of permanent differences except in respect of business combinations, when deferred tax is recognised on the differences between the fair values of assets acquired and the future tax deductions available for them and the differences between the fair values of liabilities acquired and the amount that will be assessed for tax. Deferred tax is determined using tax rates and laws that have been enacted or substantively enacted by the reporting date.


3.


Employees

The average monthly number of employees, including directors, during the year was 17 (2022 - 15).

Page 8

 


GBH LAW LIMITED
 


 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2023

4.


Intangible assets




Other Intangible
Goodwill
Total

£
£
£



Cost


At 1 May 2022
4
1,750,000
1,750,004



At 30 April 2023

4
1,750,000
1,750,004



Amortisation


At 1 May 2022
4
1,750,000
1,750,004



At 30 April 2023

4
1,750,000
1,750,004



Net book value



At 30 April 2023
-
-
-



At 30 April 2022
-
-
-




5.


Debtors

2023
2022
£
£


Trade debtors
279,862
245,621

Other debtors
61
61

Prepayments and accrued income
133,562
110,876

Amounts recoverable on contracts
108,762
92,693

522,247
449,251


Page 9

 


GBH LAW LIMITED
 


 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2023

6.


Creditors: Amounts falling due within one year

2023
2022
£
£

Other loans
117,178
81,173

Corporation tax
107,554
116,498

Other taxation and social security
95,172
88,438

Other creditors
4,067
3,184

Accruals and deferred income
25,308
37,372

349,279
326,665



7.


Related party transactions

At 30 April 2023 there was a fixed and floating charge in place with GBHQ Limited in respect of bank loans. 
H A Cameron Blackie, D E Herrington and A S Tishler, directors and shareholders of GBH Law Limited are also directors and shareholders of GBHQ Limited at 30 April 2023.

 
Page 10