Caseware UK (AP4) 2022.0.179 2022.0.179 2023-03-312023-03-31true2Management consultancy activities other than financial management2022-04-01false2trueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. 10083598 2022-04-01 2023-03-31 10083598 2021-04-01 2022-03-31 10083598 2023-03-31 10083598 2022-03-31 10083598 c:Director1 2022-04-01 2023-03-31 10083598 d:CurrentFinancialInstruments 2023-03-31 10083598 d:CurrentFinancialInstruments 2022-03-31 10083598 d:CurrentFinancialInstruments d:WithinOneYear 2023-03-31 10083598 d:CurrentFinancialInstruments d:WithinOneYear 2022-03-31 10083598 d:ShareCapital 2023-03-31 10083598 d:ShareCapital 2022-03-31 10083598 d:RetainedEarningsAccumulatedLosses 2023-03-31 10083598 d:RetainedEarningsAccumulatedLosses 2022-03-31 10083598 c:FRS102 2022-04-01 2023-03-31 10083598 c:AuditExempt-NoAccountantsReport 2022-04-01 2023-03-31 10083598 c:FullAccounts 2022-04-01 2023-03-31 10083598 c:PrivateLimitedCompanyLtd 2022-04-01 2023-03-31 10083598 2 2022-04-01 2023-03-31 iso4217:GBP xbrli:pure

Registered number: 10083598










PJB ADVISORY LTD








UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 31 MARCH 2023

 
PJB ADVISORY LTD
REGISTERED NUMBER: 10083598

BALANCE SHEET
AS AT 31 MARCH 2023

2023
2022
Note
£
£

  

Current assets
  

Debtors: amounts falling due within one year
 5 
7,622
43,293

Cash at bank and in hand
  
81,265
42,442

  
88,887
85,735

Creditors: amounts falling due within one year
 6 
(17,612)
(5,172)

Net current assets
  
 
 
71,275
 
 
80,563

  

Net assets
  
71,275
80,563


Capital and reserves
  

Called up share capital 
  
100
100

Profit and loss account
  
71,175
80,463

  
71,275
80,563


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 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: 





................................................
Mr P J Butler
Director

Date: 17 November 2023

The notes on pages 2 to 4 form part of these financial statements.

Page 1

 
PJB ADVISORY LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2023

1.


General information

PJB Advisory Ltd is a private company, limited by shares, domiciled in England and Wales, registration number 10083598. The registered office is Mountain Oast Farm, Marden, Tonbridge, Kent, TN12 9LG.
The financial statements are presented in sterling which is the functional currency of the company and rounded to the nearest £1.

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 preparation of financial statements in compliance with FRS 102 requires the use of certain critical accounting estimates. It also requires management to exercise judgement in applying the Company's accounting policies (see note 3).

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.

Page 2

 
PJB ADVISORY LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2023

2.Accounting policies (continued)

 
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.

 
2.6

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.

 
2.7

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

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.

 
2.10

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.

Page 3

 
PJB ADVISORY LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2023

3.


Judgements in applying accounting policies and key sources of estimation uncertainty

No significant judgements have been made by management in preparing these financial statements. 


4.


Employees

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


5.


Debtors

2023
2022
£
£


Trade debtors
7,547
3,485

Other debtors
75
39,808

7,622
43,293



6.


Creditors: Amounts falling due within one year

2023
2022
£
£

Trade creditors
282
-

Corporation tax
13,772
2,813

Other taxation and social security
1,245
575

Accruals and deferred income
2,313
1,784

17,612
5,172



7.


Related party transactions

During the year the directors were advanced £48,154 (2022 - £42,991) and repaid to the company £87,887 (2022 - £27,212). As at the year end the directors owed the Company £75 and the balance is included within other debtors (2022 - £39,808).

 
Page 4