Caseware UK (AP4) 2022.0.179 2022.0.179 2023-01-312023-01-31false2022-02-01No description of principal activity22truetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. 13097281 2022-02-01 2023-01-31 13097281 2020-12-23 2022-01-31 13097281 2023-01-31 13097281 2022-01-31 13097281 c:Director1 2022-02-01 2023-01-31 13097281 c:Director2 2022-02-01 2023-01-31 13097281 d:OfficeEquipment 2022-02-01 2023-01-31 13097281 d:OfficeEquipment 2023-01-31 13097281 d:OfficeEquipment 2022-01-31 13097281 d:OfficeEquipment d:OwnedOrFreeholdAssets 2022-02-01 2023-01-31 13097281 d:CurrentFinancialInstruments 2023-01-31 13097281 d:CurrentFinancialInstruments 2022-01-31 13097281 d:CurrentFinancialInstruments d:WithinOneYear 2023-01-31 13097281 d:CurrentFinancialInstruments d:WithinOneYear 2022-01-31 13097281 d:ShareCapital 2023-01-31 13097281 d:ShareCapital 2022-01-31 13097281 d:RetainedEarningsAccumulatedLosses 2023-01-31 13097281 d:RetainedEarningsAccumulatedLosses 2022-01-31 13097281 c:FRS102 2022-02-01 2023-01-31 13097281 c:AuditExempt-NoAccountantsReport 2022-02-01 2023-01-31 13097281 c:FullAccounts 2022-02-01 2023-01-31 13097281 c:PrivateLimitedCompanyLtd 2022-02-01 2023-01-31 iso4217:GBP xbrli:pure

Registered number: 13097281









MACKERYE ADVISORY PARTNERS LIMITED








FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 31 JANUARY 2023

 
MACKERYE ADVISORY PARTNERS LIMITED
REGISTERED NUMBER: 13097281

BALANCE SHEET
AS AT 31 JANUARY 2023

2023
2022
Note
£
£

Fixed assets
  

Tangible assets
 4 
1,061
1,416

  
1,061
1,416

Current assets
  

Debtors: amounts falling due within one year
 5 
672
672

Cash at bank and in hand
 6 
16,191
25,157

  
16,863
25,829

Creditors: amounts falling due within one year
 7 
(5,450)
(8,355)

Net current assets
  
 
 
11,413
 
 
17,474

Total assets less current liabilities
  
12,474
18,890

  

Net assets
  
12,474
18,890


Capital and reserves
  

Called up share capital 
  
5,000
5,000

Profit and loss account
  
7,474
13,890

  
12,474
18,890


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 by: 




Page 1

 
MACKERYE ADVISORY PARTNERS LIMITED
REGISTERED NUMBER: 13097281
    
BALANCE SHEET (CONTINUED)
AS AT 31 JANUARY 2023

................................................
C G B Meyer
................................................
S K Meyer
Director
Director
Date: 26 October 2023
Date:26 October 2023

The notes on pages 3 to 6 form part of these financial statements.

Page 2

 
MACKERYE ADVISORY PARTNERS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2023

1.


General information

Mackerye Advisory Partners Limited is a private Company limited by shares. The Company is incorporated in England and Wales and its registered office address is Aston House, Cornwall Avenue, London, United Kingdom, N3 1LF. The Company registered number is 13097281.

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

Foreign currency translation

Functional and presentation currency

The Company's functional and presentational currency is GBP.

Transactions and balances

Foreign currency transactions are translated into the functional currency using the spot exchange rates at the dates of the transactions.

At each period end foreign currency monetary items are translated using the closing rate. Non-monetary items measured at historical cost are translated using the exchange rate at the date of the transaction and non-monetary items measured at fair value are measured using the exchange rate when fair value was determined.

 
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:

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.

Page 3

 
MACKERYE ADVISORY PARTNERS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2023

2.Accounting policies (continued)

 
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

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%
on a 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.

 
2.6

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.

 
2.7

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.

 
2.8

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

 
MACKERYE ADVISORY PARTNERS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2023

2.Accounting policies (continued)

 
2.9

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 2 (2022 - 2).


4.


Tangible fixed assets





Office equipment

£



Cost or valuation


At 1 February 2022
1,887



At 31 January 2023

1,887



Depreciation


At 1 February 2022
472


Charge for the year on owned assets
354



At 31 January 2023

826



Net book value



At 31 January 2023
1,061


5.


Debtors

2023
2022
£
£


Trade debtors
598
598

Other debtors
74
74

672
672


Page 5

 
MACKERYE ADVISORY PARTNERS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2023

6.


Cash and cash equivalents

2023
2022
£
£

Cash at bank and in hand
16,191
25,157

16,191
25,157



7.


Creditors: Amounts falling due within one year

2023
2022
£
£

Corporation tax
-
4,905

Other creditors
5,450
3,450

5,450
8,355



8.


Transactions with directors

Included in other creditors is an amount of £5,450 (2022: £3,450) due from the directors of the Company. This loan is interest free and was repayable upon demand. 

 
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