Caseware UK (AP4) 2022.0.179 2022.0.179 2023-04-302023-04-30false2022-05-01Other education not elsewhere classified11truetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. 07632697 2022-05-01 2023-04-30 07632697 2023-04-30 07632697 2021-05-01 2022-04-30 07632697 2022-04-30 07632697 c:Director1 2022-05-01 2023-04-30 07632697 d:PlantMachinery 2022-05-01 2023-04-30 07632697 d:PlantMachinery 2023-04-30 07632697 d:PlantMachinery 2022-04-30 07632697 d:PlantMachinery d:OwnedOrFreeholdAssets 2022-05-01 2023-04-30 07632697 d:CurrentFinancialInstruments 2023-04-30 07632697 d:CurrentFinancialInstruments 2022-04-30 07632697 d:CurrentFinancialInstruments d:WithinOneYear 2023-04-30 07632697 d:CurrentFinancialInstruments d:WithinOneYear 2022-04-30 07632697 d:ShareCapital 2023-04-30 07632697 d:ShareCapital 2022-04-30 07632697 d:RetainedEarningsAccumulatedLosses 2023-04-30 07632697 d:RetainedEarningsAccumulatedLosses 2022-04-30 07632697 c:FRS102 2022-05-01 2023-04-30 07632697 c:AuditExempt-NoAccountantsReport 2022-05-01 2023-04-30 07632697 c:FullAccounts 2022-05-01 2023-04-30 07632697 c:PrivateLimitedCompanyLtd 2022-05-01 2023-04-30 07632697 2 2022-05-01 2023-04-30 iso4217:GBP xbrli:pure
Registered number: 07632697


PAULA BOYLE 
COACHING AND FACILITATION LTD









PAGES FOR FILING WITH REGISTRAR

FOR THE YEAR ENDED 30 APRIL 2023

 
PAULA BOYLE COACHING AND FACILITATION LTD
REGISTERED NUMBER: 07632697

BALANCE SHEET
AS AT 30 APRIL 2023

2023
2022
Note
£
£

Fixed assets
  

Tangible assets
 4 
2,034
839

  
2,034
839

Current assets
  

Debtors: amounts falling due within one year
 5 
31,602
16,980

Cash at bank and in hand
 6 
169,954
152,305

  
201,556
169,285

Creditors: amounts falling due within one year
 7 
(34,816)
(49,658)

Net current assets
  
 
 
166,740
 
 
119,627

Total assets less current liabilities
  
168,774
120,466

  

Net assets
  
168,774
120,466


Capital and reserves
  

Called up share capital 
  
100
100

Profit and loss account
  
168,674
120,366

  
168,774
120,466


Page 1

 
PAULA BOYLE COACHING AND FACILITATION LTD
REGISTERED NUMBER: 07632697
    
BALANCE SHEET (CONTINUED)
AS AT 30 APRIL 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 her 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: 




................................................
Paula Boyle
Director

Date: 29 August 2023

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

Page 2

 
PAULA BOYLE COACHING AND FACILITATION LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2023

1.


General information

The company is a private limited company which is incorporated and domiciled in the UK. The address of its principal place of business and registered office is 1 Vincent Square, London, SW1P 2PN.

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

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.

 
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.

Page 3

 
PAULA BOYLE COACHING AND FACILITATION LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2023

2.Accounting policies (continued)

 
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, using the straight-line method.

Depreciation is provided on the following basis:

Plant & machinery
-
20% 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.

 
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.

 
2.10

Financial instruments

The Company only enters into basic financial instruments 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 and loans to related parties.
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.

Page 4

 
PAULA BOYLE COACHING AND FACILITATION LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2023

2.Accounting policies (continued)

 
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).


4.


Tangible fixed assets





Plant & machinery

£



Cost or valuation


At 1 May 2022
1,434


Additions
1,477



At 30 April 2023

2,911



Depreciation


At 1 May 2022
595


Charge for the year on owned assets
282



At 30 April 2023

877



Net book value



At 30 April 2023
2,034



At 30 April 2022
839

Page 5

 
PAULA BOYLE COACHING AND FACILITATION LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2023

5.


Debtors

2023
2022
£
£


Trade debtors
26,852
16,980

Other debtors
4,750
-

31,602
16,980



6.


Cash and cash equivalents

2023
2022
£
£

Cash at bank and in hand
169,954
152,305

169,954
152,305



7.


Creditors: Amounts falling due within one year

2023
2022
£
£

Corporation tax
23,798
33,893

Other taxation and social security
8,916
13,707

Other creditors
-
8

Accruals and deferred income
2,102
2,050

34,816
49,658



8.


Related party transactions

At the balance sheet date, included within other debtors due within one year is an amount of £4,750 (2022: £Nil) owed from the director P Boyle. 
In the prior year, at the balance sheet date, included within other creditors within one year is an amount of £8 (2022: £Nil) owed to the director P Boyle. 
No interest has been accruing on the loan and no repayment terms were agreed as at the balance sheet date. 

 
Page 6