Caseware UK (AP4) 2022.0.179 2022.0.179 2023-03-312023-03-31false1No description of principal activity2022-04-01false1trueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. 06516549 2022-04-01 2023-03-31 06516549 2021-04-01 2022-03-31 06516549 2023-03-31 06516549 2022-03-31 06516549 c:Director1 2022-04-01 2023-03-31 06516549 d:OfficeEquipment 2022-04-01 2023-03-31 06516549 d:OfficeEquipment 2023-03-31 06516549 d:OfficeEquipment 2022-03-31 06516549 d:OfficeEquipment d:OwnedOrFreeholdAssets 2022-04-01 2023-03-31 06516549 d:CurrentFinancialInstruments 2023-03-31 06516549 d:CurrentFinancialInstruments 2022-03-31 06516549 d:CurrentFinancialInstruments d:WithinOneYear 2023-03-31 06516549 d:CurrentFinancialInstruments d:WithinOneYear 2022-03-31 06516549 d:ShareCapital 2023-03-31 06516549 d:ShareCapital 2022-03-31 06516549 d:RetainedEarningsAccumulatedLosses 2023-03-31 06516549 d:RetainedEarningsAccumulatedLosses 2022-03-31 06516549 c:OrdinaryShareClass1 2022-04-01 2023-03-31 06516549 c:OrdinaryShareClass1 2023-03-31 06516549 c:OrdinaryShareClass1 2022-03-31 06516549 c:FRS102 2022-04-01 2023-03-31 06516549 c:AuditExempt-NoAccountantsReport 2022-04-01 2023-03-31 06516549 c:FullAccounts 2022-04-01 2023-03-31 06516549 c:PrivateLimitedCompanyLtd 2022-04-01 2023-03-31 xbrli:shares iso4217:GBP xbrli:pure
Registered number: 06516549














LOUISE BURTON LIMITED
UNAUDITED
FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2023

 
LOUISE BURTON LIMITED
 

CONTENTS



Page
Statement of Financial Position
 
1
Notes to the Financial Statements
 
2 - 5


 
LOUISE BURTON LIMITED
REGISTERED NUMBER:06516549

STATEMENT OF FINANCIAL POSITION
AS AT 31 MARCH 2023

2023
2022
Note
£
£

Fixed assets
  

Tangible assets
 4 
331
1,007

Current assets
  

Debtors: amounts falling due within one year
 5 
2,036
2,035

Cash at bank and in hand
  
238
5,920

Current Liabilities
  

Creditors: amounts falling due within one year
 6 
(22,441)
(13,875)

Net current liabilities
  
 
 
(20,167)
 
 
(5,920)

  

Net liabilities
  
(19,836)
(4,913)


Capital and reserves
  

Called up share capital 
 7 
100
100

Profit and loss account
  
(19,936)
(5,013)

  
(19,836)
(4,913)


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 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 13 November 2023.


L J Burton
Director

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

Page 1

 
LOUISE BURTON LIMITED
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2023

1.


General information

Louise Burton Limited is a private company limited by shares and incorporated in England and Wales. It's registered office is 5 Elstree Gate, Elstree Way, Borehamwood, Hertfordshire, WD6 1JD.
The financial statements are presented in £ sterling, which is the functional currency of the Company.

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

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.

At each reporting date the Company assesses whether there is any indication of impairment. If such indication exists, the recoverable amount of the asset is determined which is the higher of its fair value less costs to sell and its value in use. An impairment loss is recognised where the carrying amount exceeds the recoverable amount.

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:

Office equipment
-
33%

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 2

 
LOUISE BURTON LIMITED
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2023

2.Accounting policies (continued)

 
2.3

Basic financial instruments

The company only enters into transactions that result in basic financial instruments such as trade and other debtors, trade and other creditors, cash at bank and in hand, loans to related parties.
Trade debtors, other debtors and loans to related parties are recognised initially at the transaction price less attributable transaction costs. Trade creditors, other creditors and loans from related parties are recognised initially at transaction price plus attributable transaction costs. Subsequently they are measured at amortised cost using the effective interest method, less any impairment losses in the case of trade and other debtors, and loans to related parties.
Interest bearing borrowings, such bank loans, classified as basic financial instruments are recognised initially at the present value of future payments discounted at a market rate of interest. Thereafter they are stated at amortised cost using the effective interest method.
Cash and cash equivalents comprise cash balances and call deposits.

 
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 reporting date in the countries where the Company operates and generates income.


3.


Employees

The average monthly number of employees, including directors, during the year was 1 (2022 - 1).

Page 3

 
LOUISE BURTON LIMITED
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2023

4.


Tangible fixed assets





Office equipment

£



Cost or valuation


At 1 April 2022
8,348



At 31 March 2023

8,348



Depreciation


At 1 April 2022
7,341


Charge for the year on owned assets
676



At 31 March 2023

8,017



Net book value



At 31 March 2023
331



At 31 March 2022
1,007

Page 4

 
LOUISE BURTON LIMITED
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2023

5.


Debtors

2023
2022
£
£


Other debtors
2,036
2,035

2,036
2,035



6.


Creditors: Amounts falling due within one year

2023
2022
£
£

Other creditors
19,919
11,073

Accruals and deferred income
2,522
2,802

22,441
13,875



7.


Share capital

2023
2022
£
£
Allotted, called up and fully paid



100 (2022 - 100) Ordinary shares of £1 each
100
100


 
Page 5