Caseware UK (AP4) 2022.0.179 2022.0.179 2023-03-312023-03-31truefalseNo description of principal activity1true2022-04-011The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. 11723455 2022-04-01 2023-03-31 11723455 2021-04-01 2022-03-31 11723455 2023-03-31 11723455 2022-03-31 11723455 c:Director1 2022-04-01 2023-03-31 11723455 d:CurrentFinancialInstruments 2023-03-31 11723455 d:CurrentFinancialInstruments 2022-03-31 11723455 d:CurrentFinancialInstruments d:WithinOneYear 2023-03-31 11723455 d:CurrentFinancialInstruments d:WithinOneYear 2022-03-31 11723455 d:ShareCapital 2023-03-31 11723455 d:ShareCapital 2022-03-31 11723455 d:RetainedEarningsAccumulatedLosses 2023-03-31 11723455 d:RetainedEarningsAccumulatedLosses 2022-03-31 11723455 c:FRS102 2022-04-01 2023-03-31 11723455 c:AuditExempt-NoAccountantsReport 2022-04-01 2023-03-31 11723455 c:FullAccounts 2022-04-01 2023-03-31 11723455 c:PrivateLimitedCompanyLtd 2022-04-01 2023-03-31 iso4217:GBP xbrli:pure

Registered number: 11723455










LATITUDE BRAND CONSULTANCY LIMITED








UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE PERIOD ENDED 31 MARCH 2023

 
LATITUDE BRAND CONSULTANCY LIMITED
REGISTERED NUMBER: 11723455

BALANCE SHEET
AS AT 31 MARCH 2023

2023
2022
Note
£
£

  

Current assets
  

Debtors: amounts falling due within one year
 4 
49,458
16,775

Cash at bank and in hand
 5 
58
-

  
49,516
16,775

Creditors: amounts falling due within one year
 6 
(24,572)
(16,675)

Net current assets
  
 
 
24,944
 
 
100

Total assets less current liabilities
  
24,944
100

  

Net assets
  
24,944
100


Capital and reserves
  

Called up share capital 
  
10
10

Profit and loss account
  
24,934
90

  
24,944
100


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 period in question in accordance with section 476 of the Companies Act 2006.

The director acknowledges her responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The Company's financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

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 on 6 November 2023.




S. Pointon
Director

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

Page 1

 
LATITUDE BRAND CONSULTANCY LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 MARCH 2023

1.


General information

The company is a private company limited by shares, which is incorporated under the Companies Act 2006 and registered in England and Wales (no. 11723455). The address of the registered office is 102 Druids Cross Road, Liverpool, United Kingdom, L18 3HN. 
The principal activity of the company is that of brand consultancy services.

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 Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006.

The preparation of financial statements in compliance with FRS 102 requires the use of certain critical accounting estimates. It also requires management to exercise judgment in applying the Company's accounting policies.

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

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.

Page 2

 
LATITUDE BRAND CONSULTANCY LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 MARCH 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

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.

 
2.6

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.

 
2.7

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.

 
2.8

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 the director, during the period was as follows:


        2023
        2022
            No.
            No.







Director
1
1

Page 3

 
LATITUDE BRAND CONSULTANCY LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 MARCH 2023

4.


Debtors

2023
2022
£
£


Trade debtors
-
2,000

Other debtors
49,458
14,775

49,458
16,775



5.


Cash and cash equivalents

2023
2022
£
£

Cash at bank and in hand
58
-

58
-



6.


Creditors: Amounts falling due within one year

2023
2022
£
£

Corporation tax
20,772
13,875

Accruals and deferred income
3,800
2,800

24,572
16,675



7.


Related party transactions


2023
2022
£
£

Amounts drawn
67,500
60,153
67,500
60,153

Dividends paid during the period to S. Pointon amounted to £67,500 (2022: £60,153).


8.


Controlling party

The company is controlled by S. Pointon.

 
Page 4