Caseware UK (AP4) 2022.0.179 2022.0.179 2023-03-312023-03-312022-04-01The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.No description of principal activityfalsefalse33true SC423023 2022-04-01 2023-03-31 SC423023 2021-04-01 2022-03-31 SC423023 2023-03-31 SC423023 2022-03-31 SC423023 c:Director1 2022-04-01 2023-03-31 SC423023 c:Director2 2022-04-01 2023-03-31 SC423023 c:Director3 2022-04-01 2023-03-31 SC423023 c:RegisteredOffice 2022-04-01 2023-03-31 SC423023 d:CurrentFinancialInstruments 2023-03-31 SC423023 d:CurrentFinancialInstruments 2022-03-31 SC423023 d:CurrentFinancialInstruments d:WithinOneYear 2023-03-31 SC423023 d:CurrentFinancialInstruments d:WithinOneYear 2022-03-31 SC423023 d:ShareCapital 2023-03-31 SC423023 d:ShareCapital 2022-03-31 SC423023 d:RetainedEarningsAccumulatedLosses 2023-03-31 SC423023 d:RetainedEarningsAccumulatedLosses 2022-03-31 SC423023 c:OrdinaryShareClass1 2022-04-01 2023-03-31 SC423023 c:OrdinaryShareClass1 2023-03-31 SC423023 c:OrdinaryShareClass1 2022-03-31 SC423023 c:FRS102 2022-04-01 2023-03-31 SC423023 c:AuditExempt-NoAccountantsReport 2022-04-01 2023-03-31 SC423023 c:FullAccounts 2022-04-01 2023-03-31 SC423023 c:PrivateLimitedCompanyLtd 2022-04-01 2023-03-31 SC423023 2 2022-04-01 2023-03-31 xbrli:shares iso4217:GBP xbrli:pure
Registered number: SC423023










VENISON ADVISORY SERVICE LTD
FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2023

 
VENISON ADVISORY SERVICE LTD
 

COMPANY INFORMATION


Directors
Dr T Fletcher 
Mr R Playfair 
Mr A Sneddon 




Registered number
SC423023



Registered office
3 Winton Loan

Edinburgh

Midlothian

EH10 7AN




Accountants
EQ Accountants LLP
Chartered Accountants

14 City Quay

Dundee

DD1 3JA





 
VENISON ADVISORY SERVICE LTD
REGISTERED NUMBER: SC423023

STATEMENT OF FINANCIAL POSITION
AS AT 31 MARCH 2023

2023
2022
£
£

  

Current assets
  

Debtors: amounts falling due within one year
 4 
2,052
305

Cash at bank and in hand
  
1,890
3,558

  
3,942
3,863

Creditors: amounts falling due within one year
 5 
(1,140)
(1,047)

Net current assets
  
 
 
2,802
 
 
2,816

Total assets less current liabilities
  
2,802
2,816

  

Net assets
  
2,802
2,816


Capital and reserves
  

Called up share capital 
 6 
3
3

Profit and loss account
  
2,799
2,813

  
2,802
2,816


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 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 18 October 2023.




Mr R Playfair
Director

The notes on pages 2 to 4 form part of these financial statements.

Page 1

 
VENISON ADVISORY SERVICE LTD
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2023

1.


General information

Venison Advisory Services Limited is a private company, limited by shares, domiciled in Scotland with registration number SC423023. The registered office is 3 Winton Loan, Edinburgh, Lothian & Borders, EH10 7AN.

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

Turnover

Turnover 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. 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 revenue 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 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 2

 
VENISON ADVISORY SERVICE LTD
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2023

2.Accounting policies (continued)

 
2.4

Financial instruments

The Company has elected to apply the provisions of Section 11 “Basic Financial Instruments” of FRS 102 to all of its financial instruments.

Financial instruments are recognised in the Company's Statement of financial position when the Company becomes party to the contractual provisions of the instrument.

Basic financial assets

Basic financial assets, which include trade and other receivables, cash and bank balances, are initially measured at their transaction price including transaction costs and are subsequently carried at their amortised cost using the effective interest method, less any provision for impairment, unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest.

Discounting is omitted where the effect of discounting is immaterial. The Company's cash and cash equivalents, trade and most other receivables due with the operating cycle fall into this category of financial instruments.


3.


Employees

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


4.


Debtors

2023
2022
£
£


Trade debtors
1,500
-

Prepayments and accrued income
247
-

Other debtors
305
305

2,052
305


Page 3

 
VENISON ADVISORY SERVICE LTD
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2023

5.


Creditors: Amounts falling due within one year

2023
2022
£
£

Trade creditors
-
72

Other taxation and social security
140
-

Accruals and deferred income
1,000
975

1,140
1,047



6.


Share capital

2023
2022
£
£
Allotted, called up and fully paid



3 (2022 - 3) Ordinary shares of £1.00 each
3
3



Page 4