Caseware UK (AP4) 2022.0.179 2022.0.179 2022-11-302022-11-30false2021-12-01No description of principal activity02truetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. 08305280 2021-12-01 2022-11-30 08305280 2020-12-01 2021-11-30 08305280 2022-11-30 08305280 2021-11-30 08305280 c:Director2 2021-12-01 2022-11-30 08305280 d:OfficeEquipment 2021-12-01 2022-11-30 08305280 d:OfficeEquipment 2022-11-30 08305280 d:OfficeEquipment 2021-11-30 08305280 d:CurrentFinancialInstruments 2022-11-30 08305280 d:CurrentFinancialInstruments 2021-11-30 08305280 d:CurrentFinancialInstruments d:WithinOneYear 2022-11-30 08305280 d:CurrentFinancialInstruments d:WithinOneYear 2021-11-30 08305280 d:ShareCapital 2022-11-30 08305280 d:ShareCapital 2021-11-30 08305280 d:RetainedEarningsAccumulatedLosses 2022-11-30 08305280 d:RetainedEarningsAccumulatedLosses 2021-11-30 08305280 c:OrdinaryShareClass1 2021-12-01 2022-11-30 08305280 c:OrdinaryShareClass1 2022-11-30 08305280 c:OrdinaryShareClass1 2021-11-30 08305280 c:FRS102 2021-12-01 2022-11-30 08305280 c:AuditExempt-NoAccountantsReport 2021-12-01 2022-11-30 08305280 c:FullAccounts 2021-12-01 2022-11-30 08305280 c:PrivateLimitedCompanyLtd 2021-12-01 2022-11-30 xbrli:shares iso4217:GBP xbrli:pure

Registered number: 08305280









UK DIRECTION LIMITED







UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 30 NOVEMBER 2022

 
UK DIRECTION LIMITED
REGISTERED NUMBER: 08305280

BALANCE SHEET
AS AT 30 NOVEMBER 2022

2022
2021
Note
£
£

Fixed assets
  

Tangible assets
 4 
3
8

  
3
8

Current assets
  

Debtors: amounts falling due within one year
 5 
-
12,045

Cash at bank and in hand
 6 
-
14,822

  
-
26,867

Creditors: amounts falling due within one year
 7 
(2,912)
(28,574)

Net current liabilities
  
 
 
(2,912)
 
 
(1,707)

Total assets less current liabilities
  
(2,909)
(1,699)

  

Net liabilities
  
(2,909)
(1,699)


Capital and reserves
  

Called up share capital 
 8 
2
2

Profit and loss account
  
(2,911)
(1,701)

  
(2,909)
(1,699)

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UK DIRECTION LIMITED
REGISTERED NUMBER: 08305280
    
BALANCE SHEET (CONTINUED)
AS AT 30 NOVEMBER 2022

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 profit and loss account 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 24 October 2023.




Mrs B Goodwin
Director

The notes on pages 3 to 6 form part of these financial statements.
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UK DIRECTION LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 NOVEMBER 2022

1.


General information

UK Direction Limited, 8305280, is a private limited company, limited by shares, incorporated in England
and Wales, with its registered office ar Belmont House, Shrewsbury Business Park, Shrewsbury, Shropshire SY2 6LG.

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

At the time of approving the financial statements, the directors have agreed to support the company and therefore the directors have continued to adopt the going concern basis of accounting in preparing the financial statements.

 
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:

Sale of goods

Revenue from the sale of goods is recognised when all of the following conditions are satisfied:
the Company has transferred the significant risks and rewards of ownership to the buyer;
the Company retains neither continuing managerial involvement to the degree usually associated with ownership nor effective control over the goods sold;
the amount of revenue can be measured reliably;
it is probable that the Company will receive the consideration due under the transaction; and
the costs incurred or to be incurred in respect of the transaction can be measured reliably.

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.

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UK DIRECTION LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 NOVEMBER 2022

2.Accounting policies (continued)

 
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 balance sheet date in the countries where the Company operates and generates income.

 
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, using the straight-line method.

Depreciation is provided on the following basis:

Office equipment
-
33%
straight line

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

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.

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UK DIRECTION LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 NOVEMBER 2022

2.Accounting policies (continued)

 
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.


3.


Employees

The average monthly number of employees, including directors, during the year was 0 (2021 - 2).


4.


Tangible fixed assets





Office equipment

£



Cost or valuation


At 1 December 2021
4,208


Disposals
(2,576)



At 30 November 2022

1,632



Depreciation


At 1 December 2021
4,200


Disposals
(2,571)



At 30 November 2022

1,629



Net book value



At 30 November 2022
3



At 30 November 2021
7

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UK DIRECTION LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 NOVEMBER 2022

5.


Debtors

2022
2021
£
£


Trade debtors
-
12,045

-
12,045



6.


Cash and cash equivalents

2022
2021
£
£

Cash at bank and in hand
-
14,822

-
14,822



7.


Creditors: Amounts falling due within one year

2022
2021
£
£

Other creditors
1,958
27,380

Accruals and deferred income
954
1,194

2,912
28,574



8.


Share capital

2022
2021
£
£
Allotted, called up and fully paid



2 (2021 - 2) Ordinary shares of £1.00 each
2
2



9.


Related party transactions

Included within other creditors due within one year is £1,958 (2021: £27,380) due to P Goodwin, director. The balance is interest free and repayable on demand.

 
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