Caseware UK (AP4) 2022.0.179 2022.0.179 2022-10-312022-10-31false2021-11-01Business and management consultancy, event management services and contract bid management services22truetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. 05954035 2021-11-01 2022-10-31 05954035 2020-11-01 2021-10-31 05954035 2022-10-31 05954035 2021-10-31 05954035 2020-11-01 05954035 c:Director1 2021-11-01 2022-10-31 05954035 d:ComputerEquipment 2021-11-01 2022-10-31 05954035 d:ComputerEquipment 2022-10-31 05954035 d:ComputerEquipment 2021-10-31 05954035 d:CurrentFinancialInstruments 2022-10-31 05954035 d:CurrentFinancialInstruments 2021-10-31 05954035 d:CurrentFinancialInstruments d:WithinOneYear 2022-10-31 05954035 d:CurrentFinancialInstruments d:WithinOneYear 2021-10-31 05954035 d:ShareCapital 2022-10-31 05954035 d:ShareCapital 2021-10-31 05954035 d:ShareCapital 2020-11-01 05954035 d:RetainedEarningsAccumulatedLosses 2021-11-01 2022-10-31 05954035 d:RetainedEarningsAccumulatedLosses 2022-10-31 05954035 d:RetainedEarningsAccumulatedLosses 2020-11-01 2021-10-31 05954035 d:RetainedEarningsAccumulatedLosses 2021-10-31 05954035 d:RetainedEarningsAccumulatedLosses 2020-11-01 05954035 c:FRS102 2021-11-01 2022-10-31 05954035 c:AuditExempt-NoAccountantsReport 2021-11-01 2022-10-31 05954035 c:FullAccounts 2021-11-01 2022-10-31 05954035 c:PrivateLimitedCompanyLtd 2021-11-01 2022-10-31 05954035 2 2021-11-01 2022-10-31 iso4217:GBP xbrli:pure

Registered number: 05954035










M & K HORROCKS ASSOCIATES LTD








UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 31 OCTOBER 2022

 
M & K HORROCKS ASSOCIATES LTD
REGISTERED NUMBER: 05954035

BALANCE SHEET
AS AT 31 OCTOBER 2022

2022
2021
Note
£
£

  

Tangible assets
 4 
-
-

Current assets
  

Debtors: amounts falling due within one year
 5 
4,585
4,748

Cash at bank and in hand
  
6,727
32,604

  
11,312
37,352

Creditors: amounts falling due within one year
 6 
(6,911)
(25,181)

Net current assets
  
 
 
4,401
 
 
12,171

  

Net assets
  
4,401
12,171


Capital and reserves
  

Called up share capital 
  
100
100

Profit and loss account
  
4,301
12,071

  
4,401
12,171


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 by: 




M Horrocks
Director
Date: 20 October 2023

The notes on pages 3 to 5 form part of these financial statements.
Page 1

 
M & K HORROCKS ASSOCIATES LTD
 

STATEMENT OF CHANGES IN EQUITY
FOR THE YEAR ENDED 31 OCTOBER 2022


Called up share capital
Profit and loss account
Total equity

£
£
£


At 1 November 2020
100
34,807
34,907



Loss for the year
-
(19,403)
(19,403)

Dividends: Equity capital
-
(3,333)
(3,333)



At 1 November 2021
100
12,071
12,171



Loss for the year
-
(4,437)
(4,437)

Dividends: Equity capital
-
(3,333)
(3,333)


At 31 October 2022
100
4,301
4,401


The notes on pages 3 to 5 form part of these financial statements.
Page 2

 
M & K HORROCKS ASSOCIATES LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2022

1.


GENERAL INFORMATION

M & K Horrocks Associates Limited is a private limited company incorporated in the UK and registered in England and Wales. The registered office is 14th Floor, 33 Cavendish Square, London W1G 0PW.

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

INTEREST INCOME

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

 
2.3

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.

 
2.4

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, using the straight-line method.

Depreciation is provided on the following basis:

Computer equipment
-
3 years straight line

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 3

 
M & K HORROCKS ASSOCIATES LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2022

2.ACCOUNTING POLICIES (CONTINUED)

 
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

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.

 
2.7

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.

 
2.8

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 directors, during the year was 2 (2021 - 2).


4.


TANGIBLE FIXED ASSETS





Computer equipment

£



Cost or valuation


At 1 November 2021
796



At 31 October 2022

796



Depreciation


At 1 November 2021
796

Page 4

 
M & K HORROCKS ASSOCIATES LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2022

5.


DEBTORS

2022
2021
£
£


Other debtors
4,585
4,748



6.


CREDITORS: Amounts falling due within one year

2022
2021
£
£

Trade creditors
478
1,807

Other creditors
3,333
20,274

Accruals and deferred income
3,100
3,100

6,911
25,181



7.


RELATED PARTY TRANSACTIONS

At the balance sheet date, the directors were owed £3,333 (2021: £20,274). The balance is interest free with no set repayment terms.  

 
Page 5