Caseware UK (AP4) 2022.0.179 2022.0.179 2023-03-312023-03-31true32022-04-01falseNo description of principal activity3trueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. 03061769 2022-04-01 2023-03-31 03061769 2021-04-01 2022-03-31 03061769 2023-03-31 03061769 2022-03-31 03061769 2021-04-01 03061769 1 2022-04-01 2023-03-31 03061769 2 2022-04-01 2023-03-31 03061769 d:Director2 2022-04-01 2023-03-31 03061769 d:Director3 2022-04-01 2023-03-31 03061769 e:Buildings 2022-04-01 2023-03-31 03061769 e:Buildings 2023-03-31 03061769 e:Buildings 2022-03-31 03061769 e:PlantMachinery 2022-04-01 2023-03-31 03061769 e:PlantMachinery 2023-03-31 03061769 e:PlantMachinery 2022-03-31 03061769 e:CurrentFinancialInstruments 2023-03-31 03061769 e:CurrentFinancialInstruments 2022-03-31 03061769 e:CurrentFinancialInstruments e:WithinOneYear 2023-03-31 03061769 e:CurrentFinancialInstruments e:WithinOneYear 2022-03-31 03061769 e:ShareCapital 2022-04-01 2023-03-31 03061769 e:ShareCapital 2023-03-31 03061769 e:ShareCapital 2021-04-01 2022-03-31 03061769 e:ShareCapital 2022-03-31 03061769 e:ShareCapital 2021-04-01 03061769 e:OtherMiscellaneousReserve 2022-04-01 2023-03-31 03061769 e:OtherMiscellaneousReserve 2023-03-31 03061769 e:OtherMiscellaneousReserve 1 2022-04-01 2023-03-31 03061769 e:OtherMiscellaneousReserve 2 2022-04-01 2023-03-31 03061769 e:OtherMiscellaneousReserve 2021-04-01 2022-03-31 03061769 e:OtherMiscellaneousReserve 2022-03-31 03061769 e:OtherMiscellaneousReserve 2021-04-01 03061769 e:RetainedEarningsAccumulatedLosses 2022-04-01 2023-03-31 03061769 e:RetainedEarningsAccumulatedLosses 2023-03-31 03061769 e:RetainedEarningsAccumulatedLosses 1 2022-04-01 2023-03-31 03061769 e:RetainedEarningsAccumulatedLosses 2 2022-04-01 2023-03-31 03061769 e:RetainedEarningsAccumulatedLosses 2021-04-01 2022-03-31 03061769 e:RetainedEarningsAccumulatedLosses 2022-03-31 03061769 e:RetainedEarningsAccumulatedLosses 2021-04-01 03061769 e:OtherDeferredTax 2023-03-31 03061769 e:OtherDeferredTax 2022-03-31 03061769 d:FRS102 2022-04-01 2023-03-31 03061769 d:AuditExempt-NoAccountantsReport 2022-04-01 2023-03-31 03061769 d:FullAccounts 2022-04-01 2023-03-31 03061769 d:PrivateLimitedCompanyLtd 2022-04-01 2023-03-31 03061769 2 2022-04-01 2023-03-31 iso4217:GBP xbrli:pure

Registered number: 03061769









CLIST & COMPANY LIMITED







UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 31 MARCH 2023

 
CLIST & COMPANY LIMITED
REGISTERED NUMBER: 03061769

BALANCE SHEET
AS AT 31 MARCH 2023

2023
2022
Note
£
£

Fixed assets
  

Tangible assets
 4 
625,000
550,000

  
625,000
550,000

Current assets
  

Cash at bank and in hand
 5 
13,331
12,831

  
13,331
12,831

Creditors: amounts falling due within one year
 6 
(5,045)
(5,054)

Net current assets
  
 
 
8,286
 
 
7,777

Total assets less current liabilities
  
633,286
557,777

Provisions for liabilities
  

Deferred tax
  
(84,280)
(70,030)

  
 
 
(84,280)
 
 
(70,030)

Net assets
  
549,006
487,747


Capital and reserves
  

Called up share capital 
  
100
100

Other reserves
 8 
359,300
298,550

Profit and loss account
 8 
189,606
189,097

  
549,006
487,747


Page 1

 
CLIST & COMPANY LIMITED
REGISTERED NUMBER: 03061769
    
BALANCE SHEET (CONTINUED)
AS AT 31 MARCH 2023

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 3 October 2023.




Samantha Gabriella Brinton Phillips
Imogen Cecilia Brinton Wort
Director
Director

The notes on pages 5 to 9 form part of these financial statements.

Page 2

 
CLIST & COMPANY LIMITED
 

STATEMENT OF CHANGES IN EQUITY
FOR THE YEAR ENDED 31 MARCH 2023


Called up share capital
Other reserves
Profit and loss account
Total equity

£
£
£
£

At 1 April 2022
100
298,550
189,097
487,747


Comprehensive income for the year

Profit for the year

-
-
70,259
70,259

Revaluation of property
-
75,000
(75,000)
-

Movement on Deferred Tax on Revaluation
-
(14,250)
14,250
-


Other comprehensive income for the year
-
60,750
(60,750)
-


Total comprehensive income for the year
-
60,750
9,509
70,259


Contributions by and distributions to owners

Dividends: Equity capital
-
-
(9,000)
(9,000)


Total transactions with owners
-
-
(9,000)
(9,000)


At 31 March 2023
100
359,300
189,606
549,006


The notes on pages 5 to 9 form part of these financial statements.

Page 3

 
CLIST & COMPANY LIMITED
 

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


Called up share capital
Other reserves
Profit and loss account
Total equity

£
£
£
£

At 1 April 2021
100
298,550
181,243
479,893


Comprehensive income for the year

Profit for the year

-
-
11,762
11,762


Other comprehensive income for the year
-
-
-
-


Total comprehensive income for the year
-
-
11,762
11,762


Contributions by and distributions to owners

Dividends: Equity capital
-
-
(3,908)
(3,908)


Total transactions with owners
-
-
(3,908)
(3,908)


At 31 March 2022
100
298,550
189,097
487,747


The notes on pages 5 to 9 form part of these financial statements.

Page 4

 
CLIST & COMPANY LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2023

1.


General information

The company, a member’s limited liability company, limited by shares, was incorporated in England and Wales.  The registered office of the company is 9 Bridge Street, Walton-On-Thames, England, KT12 1AE  .  The company registration number is 03061769.

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.

Page 5

 
CLIST & COMPANY LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2023

2.Accounting policies (continued)

 
2.4

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.

 
2.5

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:

Plant and machinery
-
25%
Reducing balance basis

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

Investment property

Investment property is carried at fair value determined annually by external valuers and derived from the current market rents and investment property yields for comparable real estate, adjusted if necessary for any difference in the nature, location or condition of the specific asset. No depreciation is provided. Changes in fair value are recognised in profit or loss.

Page 6

 
CLIST & COMPANY LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2023

2.Accounting policies (continued)

 
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.

 
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 3 (2022 - 3).

Page 7

 
CLIST & COMPANY LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2023

4.


Tangible fixed assets





Freehold property
Plant and machinery
Total

£
£
£



Cost or valuation


At 1 April 2022
550,000
11,195
561,195


Revaluations
75,000
-
75,000



At 31 March 2023

625,000
11,195
636,195



Depreciation


At 1 April 2022
-
11,195
11,195



At 31 March 2023

-
11,195
11,195



Net book value



At 31 March 2023
625,000
-
625,000



At 31 March 2022
550,000
-
550,000

Cost or valuation at 31 March 2023 is as follows:

Land and buildings
£


At cost
181,420
At valuation:

443,580



625,000

The investment property was valued in June 2022 by KFH Estate Agents.  If the land and buildings had not been included at valuation they would have been included under the historical cost convention as follows:

2023
2022
£
£



Cost
181,420
181,420

Net book value
181,420
181,420



Page 8

 
CLIST & COMPANY LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2023

5.


Cash and cash equivalents

2023
2022
£
£

Cash at bank and in hand
13,332
12,831

13,332
12,831



6.


Creditors: Amounts falling due within one year

2023
2022
£
£

Corporation tax
2,230
2,759

Other creditors
1,915
1,395

Accruals and deferred income
900
900

5,045
5,054



7.


Deferred taxation




2023


£






At beginning of year
(70,030)


Charged to profit or loss
(14,250)



At end of year
(84,280)

The provision for deferred taxation is made up as follows:

2023
2022
£
£


Deferred tax on revalued property
(84,280)
(70,030)

(84,280)
(70,030)


8.


Reserves

Other reserves

Profit and loss account - non distributable revaluation of investment property net of deferred tax

Page 9

 
CLIST & COMPANY LIMITED
 
 
 Page 10