Caseware UK (AP4) 2022.0.179 2022.0.179 2023-09-302023-09-30false2022-10-01No description of principal activity11truetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. SC076111 2022-10-01 2023-09-30 SC076111 2021-10-01 2022-09-30 SC076111 2023-09-30 SC076111 2022-09-30 SC076111 c:CompanySecretary1 2022-10-01 2023-09-30 SC076111 c:Director1 2022-10-01 2023-09-30 SC076111 c:RegisteredOffice 2022-10-01 2023-09-30 SC076111 c:Agent1 2022-10-01 2023-09-30 SC076111 d:MotorVehicles 2022-10-01 2023-09-30 SC076111 d:MotorVehicles 2023-09-30 SC076111 d:MotorVehicles 2022-09-30 SC076111 d:MotorVehicles d:OwnedOrFreeholdAssets 2022-10-01 2023-09-30 SC076111 d:FurnitureFittings 2022-10-01 2023-09-30 SC076111 d:FurnitureFittings 2023-09-30 SC076111 d:FurnitureFittings 2022-09-30 SC076111 d:FurnitureFittings d:OwnedOrFreeholdAssets 2022-10-01 2023-09-30 SC076111 d:OwnedOrFreeholdAssets 2022-10-01 2023-09-30 SC076111 d:Goodwill 2022-10-01 2023-09-30 SC076111 d:Goodwill 2023-09-30 SC076111 d:Goodwill 2022-09-30 SC076111 d:CurrentFinancialInstruments 2023-09-30 SC076111 d:CurrentFinancialInstruments 2022-09-30 SC076111 d:Non-currentFinancialInstruments 2023-09-30 SC076111 d:Non-currentFinancialInstruments 2022-09-30 SC076111 d:CurrentFinancialInstruments d:WithinOneYear 2023-09-30 SC076111 d:CurrentFinancialInstruments d:WithinOneYear 2022-09-30 SC076111 d:Non-currentFinancialInstruments d:AfterOneYear 2023-09-30 SC076111 d:Non-currentFinancialInstruments d:AfterOneYear 2022-09-30 SC076111 d:ShareCapital 2023-09-30 SC076111 d:ShareCapital 2022-09-30 SC076111 d:SharePremium 2023-09-30 SC076111 d:SharePremium 2022-09-30 SC076111 d:CapitalRedemptionReserve 2023-09-30 SC076111 d:CapitalRedemptionReserve 2022-09-30 SC076111 d:RetainedEarningsAccumulatedLosses 2023-09-30 SC076111 d:RetainedEarningsAccumulatedLosses 2022-09-30 SC076111 c:FRS102 2022-10-01 2023-09-30 SC076111 c:AuditExempt-NoAccountantsReport 2022-10-01 2023-09-30 SC076111 c:FullAccounts 2022-10-01 2023-09-30 SC076111 c:PrivateLimitedCompanyLtd 2022-10-01 2023-09-30 iso4217:GBP xbrli:pure
Registered number: SC076111










PPCA LIMITED
FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2023

 
PPCA LIMITED
 

COMPANY INFORMATION


DIRECTOR
R Matthew 




COMPANY SECRETARY
Thorntons Law LLP



REGISTERED NUMBER
SC076111



REGISTERED OFFICE
Kinburn Castle
Doubledykes Road

St Andrews

Fife

KY16 9DR




ACCOUNTANTS
EQ Accountants LLP
Chartered Accountants

Westby

64 West High Street

Forfar

Angus

DD8 1BJ




BANKERS
The Royal Bank of Scotland PLC
142-144 Princes Street

Edinburgh

EH2 4EQ





 
PPCA LIMITED
REGISTERED NUMBER: SC076111

STATEMENT OF FINANCIAL POSITION
AS AT 30 SEPTEMBER 2023

2023
2022
£
£

FIXED ASSETS
  

Tangible assets
 5 
142
13,630

  
142
13,630

CURRENT ASSETS
  

Debtors: amounts falling due within one year
 6 
267,172
194,121

Cash at bank and in hand
  
134,672
143,137

  
401,844
337,258

Creditors: amounts falling due within one year
 7 
(24,890)
(25,544)

NET CURRENT ASSETS
  
 
 
376,954
 
 
311,714

TOTAL ASSETS LESS CURRENT LIABILITIES
  
377,096
325,344

Creditors: amounts falling due after more than one year
 8 
-
(5,957)

  

NET ASSETS
  
377,096
319,387


CAPITAL AND RESERVES
  

Called up share capital 
  
180
180

Share premium account
  
95
95

Capital redemption reserve
  
5,325
5,325

Profit and loss account
  
371,496
313,787

  
377,096
319,387


Page 1

 
PPCA LIMITED
REGISTERED NUMBER: SC076111

STATEMENT OF FINANCIAL POSITION (CONTINUED)
AS AT 30 SEPTEMBER 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 on 23 November 2023.




R Matthew
Director

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

Page 2

 
PPCA LIMITED
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2023

1.


GENERAL INFORMATION

PPCA Limited is a private company, limited by shares, incorporated in Scotland with registration number                                                SC076111. The registered office is Kinburn Castle, Doubledykes Road, St. Andrews, Fife, KY16 9DR. The company's functional and presentational currency is GBP.

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

TURNOVER

Turnover is recognised to the extent that it is probable that the economic benefits will flow to the Company and the turnover can be reliably measured. Turnover 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 turnover is recognised:

Rendering of services

Turnover 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 turnover 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

INTANGIBLE ASSETS

GOODWILL

Goodwill represents the difference between amounts paid on the cost of a business combination and the acquirer’s interest in the fair value of its identifiable assets and liabilities of the acquiree at the date of acquisition. Subsequent to initial recognition, goodwill is measured at cost less accumulated amortisation and accumulated impairment losses. Goodwill is amortised on a straight-line basis to the Statement of income and retained earnings over its useful economic life.

OTHER INTANGIBLE ASSETS

Intangible 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.

Page 3

 
PPCA LIMITED
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2023

2.ACCOUNTING POLICIES (CONTINUED)

 
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.

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:

Motor vehicles
-
20% straight line
Fixtures & fittings
-
20% 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.

 
2.5

FINANCIAL INSTRUMENTS

The Company has elected to apply the provisions of Section 11 “Basic Financial Instruments” of FRS 102 to all of its financial instruments.

Financial instruments are recognised in the Company's Statement of financial position when the Company becomes party to the contractual provisions of the instrument.

Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

Derecognition of financial liabilities

Financial liabilities are derecognised when the Company's contractual obligations expire or are discharged or cancelled.

 
2.6

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.


3.


EMPLOYEES

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

Page 4

 
PPCA LIMITED
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2023

4.


INTANGIBLE ASSETS




Goodwill

£



COST


At 1 October 2022
620,000



At 30 September 2023

620,000



AMORTISATION


At 1 October 2022
620,000



At 30 September 2023

620,000



NET BOOK VALUE



At 30 September 2023
-



At 30 September 2022
-



Page 5

 
PPCA LIMITED
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2023

5.


TANGIBLE FIXED ASSETS





Motor vehicles
Fixtures & fittings
Total

£
£
£



COST OR VALUATION


At 1 October 2022
16,998
6,718
23,716


Additions
-
163
163


Disposals
(16,998)
(1,315)
(18,313)



At 30 September 2023

-
5,566
5,566



DEPRECIATION


At 1 October 2022
3,400
6,686
10,086


Charge for the year on owned assets
-
49
49


Disposals
(3,400)
(1,311)
(4,711)



At 30 September 2023

-
5,424
5,424



NET BOOK VALUE



At 30 September 2023
-
142
142



At 30 September 2022
13,598
32
13,630


6.


DEBTORS

2023
2022
£
£


Trade debtors
10,226
8,796

Other debtors
254,269
184,836

Prepayments and accrued income
430
489

Deferred taxation
2,247
-

267,172
194,121


Page 6

 
PPCA LIMITED
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2023

7.


CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2023
2022
£
£

Other taxation and social security
21,740
20,208

Obligations under finance lease and hire purchase contracts
-
2,186

Accruals and deferred income
3,150
3,150

24,890
25,544



8.


CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2023
2022
£
£

Net obligations under finance leases and hire purchase contracts
-
5,957

-
5,957



Page 7