Caseware UK (AP4) 2022.0.179 2022.0.179 2023-03-312023-03-31No description of principal activitytrue2022-04-01false11trueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. 05791415 2022-04-01 2023-03-31 05791415 2021-04-01 2022-03-31 05791415 2023-03-31 05791415 2022-03-31 05791415 c:Director1 2022-04-01 2023-03-31 05791415 d:OfficeEquipment 2022-04-01 2023-03-31 05791415 d:OfficeEquipment 2023-03-31 05791415 d:OfficeEquipment 2022-03-31 05791415 d:OfficeEquipment d:OwnedOrFreeholdAssets 2022-04-01 2023-03-31 05791415 d:CurrentFinancialInstruments 2023-03-31 05791415 d:CurrentFinancialInstruments 2022-03-31 05791415 d:CurrentFinancialInstruments d:WithinOneYear 2023-03-31 05791415 d:CurrentFinancialInstruments d:WithinOneYear 2022-03-31 05791415 d:ShareCapital 2023-03-31 05791415 d:ShareCapital 2022-03-31 05791415 d:RetainedEarningsAccumulatedLosses 2023-03-31 05791415 d:RetainedEarningsAccumulatedLosses 2022-03-31 05791415 c:OrdinaryShareClass1 2022-04-01 2023-03-31 05791415 c:OrdinaryShareClass1 2023-03-31 05791415 c:OrdinaryShareClass1 2022-03-31 05791415 c:OrdinaryShareClass2 2022-04-01 2023-03-31 05791415 c:OrdinaryShareClass2 2023-03-31 05791415 c:OrdinaryShareClass2 2022-03-31 05791415 c:FRS102 2022-04-01 2023-03-31 05791415 c:AuditExempt-NoAccountantsReport 2022-04-01 2023-03-31 05791415 c:FullAccounts 2022-04-01 2023-03-31 05791415 c:PrivateLimitedCompanyLtd 2022-04-01 2023-03-31 05791415 2 2022-04-01 2023-03-31 xbrli:shares iso4217:GBP xbrli:pure

Registered number: 05791415










R M STEVENS LIMITED








UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 31 MARCH 2023

 
R M STEVENS LIMITED
REGISTERED NUMBER: 05791415

BALANCE SHEET
AS AT 31 MARCH 2023

2023
2022
Note
£
£

Fixed assets
  

Tangible assets
 4 
495
659

  
495
659

Current assets
  

Debtors: amounts falling due within one year
 5 
38,344
38,182

Cash at bank and in hand
 6 
62,368
65,826

  
100,712
104,008

Creditors: amounts falling due within one year
 7 
(11,622)
(15,328)

Net current assets
  
 
 
89,090
 
 
88,680

Total assets less current liabilities
  
89,585
89,339

  

Net assets
  
89,585
89,339


Capital and reserves
  

Called up share capital 
  
100
100

Profit and loss account
  
89,485
89,239

  
89,585
89,339

Page 1

 
R M STEVENS LIMITED
REGISTERED NUMBER: 05791415
    
BALANCE SHEET (CONTINUED)
AS AT 31 MARCH 2023

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 year 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 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 by: 




R M Stevens
Director

Date: 26 October 2023

The notes on pages 3 to 7 form part of these financial statements.
Page 2

 
R M STEVENS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2023

1.


General information

 R M Stevens Limited, 05791415, is a private limited company, limited by shares, incorporated in England
and Wales, with a registered office address and principal place of business at 31 Barrington Court, Sutton
Benger, Chippenham, Wiltshire, SN15 4TY.

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

Interest income

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

 
2.4

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

 
R M STEVENS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2023

2.Accounting policies (continued)

 
2.5

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.

 
2.6

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, on a reducing balance basis.

Depreciation is provided on the following basis:

Office equipment
-
25%
reducing balance

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.

 
2.7

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.

 
2.8

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.

 
2.9

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

 
R M STEVENS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2023

2.Accounting policies (continued)

 
2.10

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.

 
2.11

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 year was 1 (2022 - 1).

Page 5

 
R M STEVENS LIMITED
 
 
 
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
2,181



At 31 March 2023

2,181



Depreciation


At 1 April 2022
1,521


Charge for the year on owned assets
165



At 31 March 2023

1,686



Net book value



At 31 March 2023
495



At 31 March 2022
659


5.


Debtors

2023
2022
£
£


Trade debtors
10,195
8,990

Other debtors
28,149
29,192

38,344
38,182



6.


Cash and cash equivalents

2023
2022
£
£

Cash at bank and in hand
62,368
65,826

62,368
65,826


Page 6

 
R M STEVENS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2023

7.


Creditors: Amounts falling due within one year

2023
2022
£
£

Taxation and other social security
10,290
14,119

Accruals and deferred income
1,332
1,209

11,622
15,328



8.


Share capital

2023
2022
£
£
Allotted, called up and fully paid



80 (2022 - 80) Ordinary A shares of £1.00 each
80
80
20 (2022 - 20) Ordinary B shares of £1.00 each
20
20

100

100


 
Page 7