Caseware UK (AP4) 2022.0.179 2022.0.179 2023-03-312023-03-3122022-04-01falseNo description of principal activity2truetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. 09513454 2022-04-01 2023-03-31 09513454 2021-04-01 2022-03-31 09513454 2023-03-31 09513454 2022-03-31 09513454 c:Director1 2022-04-01 2023-03-31 09513454 d:FurnitureFittings 2022-04-01 2023-03-31 09513454 d:FurnitureFittings 2023-03-31 09513454 d:FurnitureFittings 2022-03-31 09513454 d:FurnitureFittings d:OwnedOrFreeholdAssets 2022-04-01 2023-03-31 09513454 d:ComputerEquipment 2022-04-01 2023-03-31 09513454 d:ComputerEquipment 2023-03-31 09513454 d:ComputerEquipment 2022-03-31 09513454 d:ComputerEquipment d:OwnedOrFreeholdAssets 2022-04-01 2023-03-31 09513454 d:OwnedOrFreeholdAssets 2022-04-01 2023-03-31 09513454 d:CurrentFinancialInstruments 2023-03-31 09513454 d:CurrentFinancialInstruments 2022-03-31 09513454 d:CurrentFinancialInstruments d:WithinOneYear 2023-03-31 09513454 d:CurrentFinancialInstruments d:WithinOneYear 2022-03-31 09513454 d:ShareCapital 2023-03-31 09513454 d:ShareCapital 2022-03-31 09513454 d:RetainedEarningsAccumulatedLosses 2023-03-31 09513454 d:RetainedEarningsAccumulatedLosses 2022-03-31 09513454 c:FRS102 2022-04-01 2023-03-31 09513454 c:AuditExempt-NoAccountantsReport 2022-04-01 2023-03-31 09513454 c:FullAccounts 2022-04-01 2023-03-31 09513454 c:PrivateLimitedCompanyLtd 2022-04-01 2023-03-31 09513454 2 2022-04-01 2023-03-31 iso4217:GBP xbrli:pure

Registered number: 09513454









MALCOLM MASON LAW LTD








FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 31 MARCH 2023

 
MALCOLM MASON LAW LTD
REGISTERED NUMBER: 09513454

BALANCE SHEET
AS AT 31 MARCH 2023

2023
2022
Note
£
£

Fixed assets
  

Tangible assets
 4 
3,750
2,685

  
3,750
2,685

Current assets
  

Debtors: amounts falling due within one year
 5 
44,223
18,673

Cash at bank and in hand
 6 
33,554
82,527

  
77,777
101,200

Creditors: amounts falling due within one year
 7 
(17,467)
(22,861)

Net current assets
  
 
 
60,310
 
 
78,339

Total assets less current liabilities
  
64,060
81,024

  

Net assets
  
64,060
81,024


Capital and reserves
  

Called up share capital 
  
100
100

Profit and loss account
  
63,960
80,924

  
64,060
81,024


Page 1

 
MALCOLM MASON LAW LTD
REGISTERED NUMBER: 09513454
    
BALANCE SHEET (CONTINUED)
AS AT 31 MARCH 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 his 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: 




................................................
M Mason
Director

Date: 16 November 2023

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

Page 2

 
MALCOLM MASON LAW LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2023

1.


General information

Malcolm Mason Law Ltd is a private company limited by shares. The Company is incorporated in England and the address of its registered office is Aston House, Cornwall Avenue, London, N3 1LF. The registered number is 09513454.

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

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.

Page 3

 
MALCOLM MASON LAW LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2023

2.Accounting policies (continued)


2.3
Tangible fixed assets (continued)

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 & fittings
-
20% reducing balance
Computer equipment
-
20% reducing balance

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.

 
2.4

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.

 
2.5

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.

 
2.6

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

Government grants

Grants are accounted under the accruals model as permitted by FRS 102. Grants relating to expenditure on tangible fixed assets are credited to profit or loss at the same rate as the depreciation on the assets to which the grant relates. The deferred element of grants is included in creditors as deferred income.
Grants of a revenue nature are recognised in the Statement of Income and Retained Earnings in the same period as the related expenditure.

 
2.8

Interest income

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

Page 4

 
MALCOLM MASON LAW LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2023

3.


Employees

The average monthly number of employees, including directors, during the year was 2 (2022 - 2).


4.


Tangible fixed assets





Fixtures & fittings
Computer equipment
Total

£
£
£



Cost or valuation


At 1 April 2022
4,722
3,836
8,558


Additions
476
1,314
1,790



At 31 March 2023

5,198
5,150
10,348



Depreciation


At 1 April 2022
3,316
2,557
5,873


Charge for the year on owned assets
345
380
725



At 31 March 2023

3,661
2,937
6,598



Net book value



At 31 March 2023
1,537
2,213
3,750



At 31 March 2022
1,406
1,279
2,685

Page 5

 
MALCOLM MASON LAW LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2023

5.


Debtors

2023
2022
£
£


Trade debtors
4,260
8,673

Other debtors
39,963
10,000

44,223
18,673



6.


Cash and cash equivalents

2023
2022
£
£

Cash at bank and in hand
33,554
82,527

33,554
82,527



7.


Creditors: Amounts falling due within one year

2023
2022
£
£

Corporation tax
9,711
15,803

Other taxation and social security
5,557
4,715

Other creditors
-
144

Accruals and deferred income
2,199
2,199

17,467
22,861


 
Page 6