Caseware UK (AP4) 2022.0.179 2022.0.179 2023-02-282023-02-28No description of principal activity13true2022-03-01falsetrue0The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. 13904709 2022-02-28 13904709 2022-03-01 2023-02-28 13904709 2021-04-06 2022-02-28 13904709 2023-02-28 13904709 c:Director1 2022-03-01 2023-02-28 13904709 c:Director2 2022-03-01 2023-02-28 13904709 d:FurnitureFittings 2022-03-01 2023-02-28 13904709 d:FurnitureFittings 2023-02-28 13904709 d:FurnitureFittings d:OwnedOrFreeholdAssets 2022-03-01 2023-02-28 13904709 d:CurrentFinancialInstruments 2023-02-28 13904709 d:CurrentFinancialInstruments d:WithinOneYear 2023-02-28 13904709 d:ShareCapital 2023-02-28 13904709 d:RetainedEarningsAccumulatedLosses 2023-02-28 13904709 c:OrdinaryShareClass1 2022-03-01 2023-02-28 13904709 c:OrdinaryShareClass1 2023-02-28 13904709 c:OrdinaryShareClass2 2022-03-01 2023-02-28 13904709 c:OrdinaryShareClass2 2023-02-28 13904709 c:OrdinaryShareClass3 2022-03-01 2023-02-28 13904709 c:OrdinaryShareClass3 2023-02-28 13904709 c:OrdinaryShareClass4 2022-03-01 2023-02-28 13904709 c:OrdinaryShareClass4 2023-02-28 13904709 c:FRS102 2022-03-01 2023-02-28 13904709 c:AuditExempt-NoAccountantsReport 2022-03-01 2023-02-28 13904709 c:FullAccounts 2022-03-01 2023-02-28 13904709 c:PrivateLimitedCompanyLtd 2022-03-01 2023-02-28 xbrli:shares iso4217:GBP xbrli:pure

Registered number: 13904709









ANTLERS (ABBOTS BROMLEY) LTD







UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 28 FEBRUARY 2023

 
ANTLERS (ABBOTS BROMLEY) LTD
REGISTERED NUMBER: 13904709

BALANCE SHEET
AS AT 28 FEBRUARY 2023

2023
Note
£

FIXED ASSETS
  

Tangible assets
 4 
7,013

  
7,013

CURRENT ASSETS
  

Stocks
  
1,176

Debtors
  
1,818

Cash at bank and in hand
 5 
2,236

  
5,230

Creditors: amounts falling due within one year
 6 
(12,883)

NET CURRENT (LIABILITIES)/ASSETS
  
 
 
(7,653)

TOTAL ASSETS LESS CURRENT LIABILITIES
  
(640)

  

NET (LIABILITIES)/ASSETS
  
(640)


CAPITAL AND RESERVES
  

Called up share capital 
  
100

Profit and loss account
  
(740)

  
(640)


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 on 9 November 2023.


Page 1

 
ANTLERS (ABBOTS BROMLEY) LTD
REGISTERED NUMBER: 13904709
    
BALANCE SHEET (CONTINUED)
AS AT 28 FEBRUARY 2023



Danielle Gaffey
John Blanchard Clappison
Director
Director

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

Page 2

 
ANTLERS (ABBOTS BROMLEY) LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 28 FEBRUARY 2023

1.


GENERAL INFORMATION

Antlers (Abbots Bromley) Limited (Company number: 13904709), is a private limited company limited by shares, incorporated in England and Wales, with its registered office and principle place of business at Fullwell Farm, Steenwood Lane, Admaston, Rugeley, Staffordshire, WS15 3NG

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:

Sale of goods

Revenue from the sale of goods is recognised when all of the following conditions are satisfied:
the Company has transferred the significant risks and rewards of ownership to the buyer;
the Company retains neither continuing managerial involvement to the degree usually associated with ownership nor effective control over the goods sold;
the amount of revenue can be measured reliably;
it is probable that the Company will receive the consideration due under the transaction; and
the costs incurred or to be incurred in respect of the transaction can be measured reliably.

Page 3

 
ANTLERS (ABBOTS BROMLEY) LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 28 FEBRUARY 2023

2.ACCOUNTING POLICIES (CONTINUED)

 
2.3

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 balance sheet 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 balance sheet 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 balance sheet date.

 
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.

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:

Fixtures and fittings
-
20%

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.

Page 4

 
ANTLERS (ABBOTS BROMLEY) LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 28 FEBRUARY 2023

2.ACCOUNTING POLICIES (CONTINUED)

 
2.5

STOCKS

Stocks are stated at the lower of cost and net realisable value, being the estimated selling price less costs to complete and sell. Cost is based on the cost of purchase on a first in, first out basis. Work in progress and finished goods include labour and attributable overheads.

At each balance sheet date, stocks are assessed for impairment. If stock is impaired, the carrying amount is reduced to its selling price less costs to complete and sell. The impairment loss is recognised immediately in profit or loss.

 
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

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 balance sheet 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 Balance sheet.

 
2.9

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.

Debt instruments (other than those wholly repayable or receivable within one year), including loans and other accounts receivable and payable, are initially measured at present value of the future cash flows and subsequently at amortised cost using the effective interest method. Debt instruments that are payable or receivable within one year, typically trade debtors and creditors, are measured, initially and subsequently, at the undiscounted amount of the cash or other consideration expected to be paid or received. However, if the arrangements of a short-term instrument constitute a financing transaction, like the payment of a trade debt deferred beyond normal business terms or in case of an out-right short-term loan that is not at market rate, the financial asset or liability is measured, initially at the present value of future cash flows discounted at a market rate of interest for a similar debt instrument and subsequently at amortised cost, unless it qualifies as a loan from a director in the case of a small company, or a public benefit entity concessionary loan.
Page 5

 
ANTLERS (ABBOTS BROMLEY) LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 28 FEBRUARY 2023

2.ACCOUNTING POLICIES (CONTINUED)


2.9
FINANCIAL INSTRUMENTS (continued)



3.


EMPLOYEES

The average monthly number of employees, including directors, during the year was 13.


4.


TANGIBLE FIXED ASSETS





Fixtures and fittings

£



Cost or valuation


Additions
8,766



At 28 February 2023

8,766



Depreciation


Charge for the year on owned assets
1,753



At 28 February 2023

1,753



Net book value



At 28 February 2023
7,013


5.


CASH AND CASH EQUIVALENTS

2023
£

Cash at bank and in hand
2,236

2,236


Page 6

 
ANTLERS (ABBOTS BROMLEY) LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 28 FEBRUARY 2023

6.


CREDITORS: Amounts falling due within one year

2023
£

Other creditors
10,819

Accruals and deferred income
2,064

12,883



7.


SHARE CAPITAL

2023
£
Authorised, allotted, called up and fully paid


70 Ordinary A shares of £1.00 each
70
20 Ordinary B shares of £1.00 each
20
5 Ordinary C shares of £1.00 each
5
5 Ordinary D shares of £1.00 each
5

100


During the period, 70 ordinary A, 20 ordinary B, 5 Ordinary C and 5 Ordinary D Shares were issued.

 
Page 7