Caseware UK (AP4) 2022.0.179 2022.0.179 2023-06-302023-06-302022-07-01falseConsultancy5750truetrue 03846881 2022-07-01 2023-06-30 03846881 2021-07-01 2022-06-30 03846881 2023-06-30 03846881 2022-06-30 03846881 2021-07-01 03846881 7 2022-07-01 2023-06-30 03846881 7 2021-07-01 2022-06-30 03846881 d:Director1 2022-07-01 2023-06-30 03846881 e:FurnitureFittings 2022-07-01 2023-06-30 03846881 e:FurnitureFittings 2023-06-30 03846881 e:FurnitureFittings 2022-06-30 03846881 e:FurnitureFittings e:OwnedOrFreeholdAssets 2022-07-01 2023-06-30 03846881 e:OfficeEquipment 2022-07-01 2023-06-30 03846881 e:OfficeEquipment 2023-06-30 03846881 e:OfficeEquipment 2022-06-30 03846881 e:OfficeEquipment e:OwnedOrFreeholdAssets 2022-07-01 2023-06-30 03846881 e:ComputerEquipment 2022-07-01 2023-06-30 03846881 e:ComputerEquipment 2023-06-30 03846881 e:ComputerEquipment 2022-06-30 03846881 e:ComputerEquipment e:OwnedOrFreeholdAssets 2022-07-01 2023-06-30 03846881 e:OwnedOrFreeholdAssets 2022-07-01 2023-06-30 03846881 e:CurrentFinancialInstruments 2023-06-30 03846881 e:CurrentFinancialInstruments 2022-06-30 03846881 e:CurrentFinancialInstruments e:WithinOneYear 2023-06-30 03846881 e:CurrentFinancialInstruments e:WithinOneYear 2022-06-30 03846881 e:ShareCapital 2022-07-01 2023-06-30 03846881 e:ShareCapital 2023-06-30 03846881 e:ShareCapital 2021-07-01 2022-06-30 03846881 e:ShareCapital 2022-06-30 03846881 e:ShareCapital 2021-07-01 03846881 e:RetainedEarningsAccumulatedLosses 2022-07-01 2023-06-30 03846881 e:RetainedEarningsAccumulatedLosses 2023-06-30 03846881 e:RetainedEarningsAccumulatedLosses 2021-07-01 2022-06-30 03846881 e:RetainedEarningsAccumulatedLosses 2022-06-30 03846881 e:RetainedEarningsAccumulatedLosses 2021-07-01 03846881 d:FRS102 2022-07-01 2023-06-30 03846881 d:Audited 2022-07-01 2023-06-30 03846881 d:FullAccounts 2022-07-01 2023-06-30 03846881 d:PrivateLimitedCompanyLtd 2022-07-01 2023-06-30 03846881 d:SmallCompaniesRegimeForAccounts 2022-07-01 2023-06-30 03846881 6 2022-07-01 2023-06-30 iso4217:GBP xbrli:pure

Registered number: 03846881










SOCIAL DEVELOPMENT DIRECT LIMITED










FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 JUNE 2023

 
SOCIAL DEVELOPMENT DIRECT LIMITED
REGISTERED NUMBER: 03846881

BALANCE SHEET
AS AT 30 JUNE 2023

2023
2022
Note
£
£

Fixed assets
  

Tangible assets
 4 
59,921
45,722

  
59,921
45,722

Current assets
  

Debtors: amounts falling due within one year
 5 
2,608,849
1,380,169

Cash at bank and in hand
  
863,379
743,236

  
3,472,228
2,123,405

Creditors: amounts falling due within one year
 6 
(3,082,804)
(1,719,782)

Net current assets
  
 
 
389,424
 
 
403,623

Total assets less current liabilities
  
449,345
449,345

  

Net assets
  
449,345
449,345


Capital and reserves
  

Called up share capital 
  
550
550

Profit and loss account
  
448,795
448,795

  
449,345
449,345


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 by: 




Edith Rose Caldwell
Director

Date: 6 October 2023

The notes on pages 3 to 7 form part of these financial statements.

Page 1

 
SOCIAL DEVELOPMENT DIRECT LIMITED
 

STATEMENT OF CHANGES IN EQUITY
FOR THE YEAR ENDED 30 JUNE 2023


Called up share capital
Profit and loss account
Total equity

£
£
£


At 1 July 2021
550
559,829
560,379


Comprehensive income for the year

Profit for the year

-
251,689
251,689

Gift Aid payments
-
(362,723)
(362,723)
Total comprehensive income for the year
-
(111,034)
(111,034)


Total transactions with owners
-
-
-



At 1 July 2022
550
448,795
449,345


Comprehensive income for the year

Profit for the year

-
505,112
505,112

Gift Aid payments
-
(505,112)
(505,112)
Total comprehensive income for the year
-
-
-


Total transactions with owners
-
-
-


At 30 June 2023
550
448,795
449,345


The notes on pages 3 to 7 form part of these financial statements.

Page 2

 
SOCIAL DEVELOPMENT DIRECT LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2023

1.


General information

Social Development Direct Limited is a private company, limited by shares, registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.
The principal activity of the company is that of overseas social development consultancy services.

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

Going concern

The directors have reviewed the company's financial position, considering the impact of future activities for a period in excess of 12 months from the date the accounts are signed, to ensure it is appropriate to produce the accounts on a going concern basis. 
The directors consider the use of the going concern basis of accounting is appropriate because there are no material uncertainties related to events or conditions that may cast significant doubt about the ability of the company to continue as a going concern.

 
2.3

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.

 
2.4

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

 
SOCIAL DEVELOPMENT DIRECT LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2023

2.Accounting policies (continued)


2.4
Tangible fixed assets (continued)

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:

Fixtures and fittings
-
20%
on cost
Office equipment
-
20%
on cost
Computer equipment
-
20%
on cost

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.

 
2.5

Valuation of investments

Investments in subsidiaries are measured at cost less accumulated impairment.

 
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

Pensions

Defined contribution pension plan

The Company operates a defined contribution plan for its employees. A defined contribution plan is a pension plan under which the Company pays fixed contributions into a separate entity. Once the contributions have been paid the Company has no further payment obligations.

The contributions are recognised as an expense in profit or loss when they fall due. Amounts not paid are shown in accruals as a liability in the Balance Sheet. The assets of the plan are held separately from the Company in independently administered funds.

Page 4

 
SOCIAL DEVELOPMENT DIRECT LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2023

2.Accounting policies (continued)

 
2.8

Foreign currency translation

Functional and presentation currency

The Company's functional and presentational currency is GBP.

Transactions and balances

Foreign currency transactions are translated into the functional currency using the spot exchange rates at the dates of the transactions.

At each period end foreign currency monetary items are translated using the closing rate. Non-monetary items measured at historical cost are translated using the exchange rate at the date of the transaction and non-monetary items measured at fair value are measured using the exchange rate when fair value was determined.


3.


Employees

The average monthly number of employees, including directors, during the year was 57 (2022 - 50).

Page 5

 
SOCIAL DEVELOPMENT DIRECT LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2023

4.


Tangible fixed assets





Fixtures and fittings
Office equipment
Computer equipment
Total

£
£
£
£



Cost or valuation


At 1 July 2022
1,184
190
106,041
107,415


Additions
1,051
-
37,033
38,084


Disposals
-
-
(26,829)
(26,829)



At 30 June 2023

2,235
190
116,245
118,670



Depreciation


At 1 July 2022
339
190
61,164
61,693


Charge for the year on owned assets
328
-
18,158
18,486


Disposals
-
-
(21,430)
(21,430)



At 30 June 2023

667
190
57,892
58,749



Net book value



At 30 June 2023
1,568
-
58,353
59,921



At 30 June 2022
845
-
44,877
45,722

Page 6

 
SOCIAL DEVELOPMENT DIRECT LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2023

5.


Debtors

2023
2022
£
£


Trade debtors
2,454,759
1,260,911

Other debtors
67,322
37,429

Prepayments and accrued income
86,768
81,829

2,608,849
1,380,169



6.


Creditors: Amounts falling due within one year

2023
2022
£
£

Trade creditors
776,591
666,864

Amounts owed to group undertakings
505,112
239,538

Other taxation and social security
322,017
262,012

Other creditors
38,251
18,919

Accruals and deferred income
1,440,833
532,449

3,082,804
1,719,782



7.


Related party transactions

The company has taken advantage of the exemptions available in FRS102 from disclosing transactions with other members of the Plan International UK group.


8.


Controlling party

The controlling party of the company is Plan International UK, a charitable company registered in England and Wales with registration number 01364201. The registered office of the parent is Finsgate, 5-7 Cranwood Street, London, EC1V 9LH.
Plan International UK acquired 100% of the share capital of Social Development Direct Ltd on the 10th March 2020.


9.


Auditor's information

The auditor's report on the financial statements for the year ended 30 June 2023 was unqualified.

The audit report was signed on 15 November 2023 by Adam Halsey (Senior Statutory Auditor) on behalf of Haysmacintyre LLP.

Page 7