Caseware UK (AP4) 2022.0.179 2022.0.179 2023-02-282023-02-28false2022-03-01No description of principal activity11truetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. 11829037 2022-03-01 2023-02-28 11829037 2021-03-01 2022-02-28 11829037 2023-02-28 11829037 2022-02-28 11829037 c:Director1 2022-03-01 2023-02-28 11829037 d:OfficeEquipment 2022-03-01 2023-02-28 11829037 d:OfficeEquipment 2023-02-28 11829037 d:OfficeEquipment 2022-02-28 11829037 d:OfficeEquipment d:OwnedOrFreeholdAssets 2022-03-01 2023-02-28 11829037 d:ComputerSoftware 2023-02-28 11829037 d:ComputerSoftware 2022-02-28 11829037 d:CurrentFinancialInstruments 2023-02-28 11829037 d:CurrentFinancialInstruments 2022-02-28 11829037 d:CurrentFinancialInstruments d:WithinOneYear 2023-02-28 11829037 d:CurrentFinancialInstruments d:WithinOneYear 2022-02-28 11829037 d:ShareCapital 2023-02-28 11829037 d:ShareCapital 2022-02-28 11829037 d:RetainedEarningsAccumulatedLosses 2023-02-28 11829037 d:RetainedEarningsAccumulatedLosses 2022-02-28 11829037 d:AcceleratedTaxDepreciationDeferredTax 2023-02-28 11829037 d:AcceleratedTaxDepreciationDeferredTax 2022-02-28 11829037 c:OrdinaryShareClass1 2022-03-01 2023-02-28 11829037 c:OrdinaryShareClass1 2023-02-28 11829037 c:FRS102 2022-03-01 2023-02-28 11829037 c:AuditExempt-NoAccountantsReport 2022-03-01 2023-02-28 11829037 c:FullAccounts 2022-03-01 2023-02-28 11829037 c:PrivateLimitedCompanyLtd 2022-03-01 2023-02-28 11829037 2 2022-03-01 2023-02-28 11829037 d:ComputerSoftware d:OwnedIntangibleAssets 2022-03-01 2023-02-28 xbrli:shares iso4217:GBP xbrli:pure

Registered number: 11829037









GILLIAN HOWARD ASSOCIATES LIMITED







UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 28 FEBRUARY 2023

 
GILLIAN HOWARD ASSOCIATES LIMITED
REGISTERED NUMBER: 11829037

STATEMENT OF FINANCIAL POSITION
AS AT 28 FEBRUARY 2023

2023
2022
Note
£
£

Fixed assets
  

Intangible assets
 4 
1,576
1,838

Tangible assets
 5 
7,410
9,880

  
8,986
11,718

Current assets
  

Debtors: amounts falling due within one year
 6 
70,366
46,094

Cash at bank and in hand
  
2,881
2,414

  
73,247
48,508

Creditors: amounts falling due within one year
 7 
(54,033)
(26,392)

Net current assets
  
 
 
19,214
 
 
22,116

Total assets less current liabilities
  
28,200
33,834

Provisions for liabilities
  

Deferred tax
  
-
(1,084)

Net assets
  
28,200
32,750


Capital and reserves
  

Called up share capital 
 9 
100
100

Profit and loss account
  
28,100
32,650

  
28,200
32,750


Page 1

 
GILLIAN HOWARD ASSOCIATES LIMITED
REGISTERED NUMBER: 11829037
    
STATEMENT OF FINANCIAL POSITION (CONTINUED)
AS AT 28 FEBRUARY 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 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 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 on 22 November 2023.


G S  Howard
Director

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

Page 2

 
GILLIAN HOWARD ASSOCIATES LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 28 FEBRUARY 2023

1.


General information

The company is a private company limited by shares, registered in England & Wales. The address of the registered office is Equity House, 128 - 136 High Street, Edgware, Middlesex, HA8 7TT, United Kingdom.

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.
Revenue comprises of fee receivable from professional services rendered during the year.

 
2.3

Interest income

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

 
2.4

Current and deferred taxation

The tax expense for the year comprises current and deferred tax. 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.

 
2.5

Intangible assets

tangible assets are initially recognised at cost. After recognition, under the cost model, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.
All intangible assets are considered to have a finite useful life. If a reliable estimate of the useful life cannot be made, the useful life shall not exceed ten years.
Intangible assets are amortised over its useful life of 10 years.

Page 3

 
GILLIAN HOWARD ASSOCIATES LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 28 FEBRUARY 2023

2.Accounting policies (continued)

 
2.6

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, on a reducing balance basis.

Depreciation is provided on the following basis:

Office equipment
-
25%
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.

 
2.7

Debtors

Short-term debtors are measured at transaction price, less any impairment.

 
2.8

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.

 
2.9

Creditors

Short-term creditors are measured at the transaction price.

 
2.10

Provisions for liabilities

Provisions are made where an event has taken place that gives the company a legal or constructive obligation that probably requires settlement by a transfer of economic benefit, and a reliable estimate can be made of the amount of the obligation.
Provisions are charged as an expense to profit or loss in the year that the company becomes aware of the obligation, and are measured at the best estimate at the reporting date of the expenditure required to settle the obligation, taking into account relevant risks and uncertainties.
When payments are eventually made, they are charged to the provision carried in the statement of financial position.

Page 4

 
GILLIAN HOWARD ASSOCIATES LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 28 FEBRUARY 2023

2.Accounting policies (continued)

 
2.11

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 to/from banks and other third parties and related parties.

 
2.12

Dividends

Equity dividends are recognised when they become legally payable.


3.


Employees

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


4.


Intangible assets




Computer software

£



Cost


At 1 March 2022
2,625



At 28 February 2023

2,625



Amortisation


At 1 March 2022
787


Charge for the year on owned assets
262



At 28 February 2023

1,049



Net book value



At 28 February 2023
1,576



At 28 February 2022
1,838



Page 5

 
GILLIAN HOWARD ASSOCIATES LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 28 FEBRUARY 2023

5.


Tangible fixed assets





Office equipment

£



Cost or valuation


At 1 March 2022
18,604



At 28 February 2023

18,604



Depreciation


At 1 March 2022
8,724


Charge for the year on owned assets
2,470



At 28 February 2023

11,194



Net book value



At 28 February 2023
7,410



At 28 February 2022
9,880


6.


Debtors

2023
2022
£
£

Other debtors
70,366
46,094



7.


Creditors: Amounts falling due within one year

2023
2022
£
£

Corporation tax
44,479
21,730

Other taxation and social security
1,554
662

Accruals
8,000
4,000

54,033
26,392


Page 6

 
GILLIAN HOWARD ASSOCIATES LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 28 FEBRUARY 2023

8.


Deferred taxation




2023


£






At beginning of year
(1,084)


Charged to profit or loss
1,084



At end of year
-

2023
2022
£
£


Accelerated capital allowances
-
(1,084)

-
(1,084)


9.


Share capital

2023
2022
£
£
Allotted, called up and fully paid



100 Ordinary shares of £1.00 each
100
100



10.


Related party transactions

At the reporting date, the company was owed £70,366 by its director which has been repaid in full within nine months after the reporting date.

 
Page 7