Caseware UK (AP4) 2022.0.179 2022.0.179 2023-02-282023-02-282022-03-01falseNo description of principal activity5148falsetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. 08633308 2022-03-01 2023-02-28 08633308 2023-02-28 08633308 2021-03-01 2022-02-28 08633308 2022-02-28 08633308 c:Director1 2022-03-01 2023-02-28 08633308 d:Buildings d:ShortLeaseholdAssets 2022-03-01 2023-02-28 08633308 d:Buildings d:ShortLeaseholdAssets 2023-02-28 08633308 d:Buildings d:ShortLeaseholdAssets 2022-02-28 08633308 d:FurnitureFittings 2022-03-01 2023-02-28 08633308 d:FurnitureFittings 2023-02-28 08633308 d:FurnitureFittings 2022-02-28 08633308 d:FurnitureFittings d:OwnedOrFreeholdAssets 2022-03-01 2023-02-28 08633308 d:OwnedOrFreeholdAssets 2022-03-01 2023-02-28 08633308 d:CurrentFinancialInstruments 2023-02-28 08633308 d:CurrentFinancialInstruments 2022-02-28 08633308 d:Non-currentFinancialInstruments 2023-02-28 08633308 d:Non-currentFinancialInstruments 2022-02-28 08633308 d:CurrentFinancialInstruments d:WithinOneYear 2023-02-28 08633308 d:CurrentFinancialInstruments d:WithinOneYear 2022-02-28 08633308 d:Non-currentFinancialInstruments d:AfterOneYear 2023-02-28 08633308 d:Non-currentFinancialInstruments d:AfterOneYear 2022-02-28 08633308 d:RetainedEarningsAccumulatedLosses 2023-02-28 08633308 d:RetainedEarningsAccumulatedLosses 2022-02-28 08633308 d:FurtherSpecificTypeProvisionContingentLiability1ComponentTotalProvisionsContingentLiabilities 2023-02-28 08633308 d:FurtherSpecificTypeProvisionContingentLiability1ComponentTotalProvisionsContingentLiabilities 2022-02-28 08633308 c:FRS102 2022-03-01 2023-02-28 08633308 c:AuditExempt-NoAccountantsReport 2022-03-01 2023-02-28 08633308 c:FullAccounts 2022-03-01 2023-02-28 08633308 c:CompanyLimitedByGuarantee 2022-03-01 2023-02-28 08633308 2 2022-03-01 2023-02-28 iso4217:GBP xbrli:pure
Company registration number: 08633308







UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED
28 FEBRUARY 2023


3PB MANAGEMENT SERVICES LIMITED
(A Company Limited by Guarantee)






































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3PB MANAGEMENT SERVICES LIMITED
  
(A Company Limited by Guarantee)
REGISTERED NUMBER:08633308



STATEMENT OF FINANCIAL POSITION
AS AT 28 FEBRUARY 2023

2023
2022
Note
£
£

Fixed assets
  

Tangible assets
 4 
14,120
15,355

  
14,120
15,355

Current assets
  

Debtors: amounts falling due within one year
 5 
825,256
753,567

Cash at bank and in hand
  
1,410,848
1,754,478

  
2,236,104
2,508,045

Creditors: amounts falling due within one year
 6 
(767,134)
(1,120,769)

Net current assets
  
 
 
1,468,970
 
 
1,387,276

Total assets less current liabilities
  
1,483,090
1,402,631

Creditors: amounts falling due after more than one year
 7 
(495,402)
(698,236)

Provisions for liabilities
  

Deferred tax
  
(3,412)
(3,665)

Other provisions
 8 
(12,000)
(12,000)

  
 
 
(15,412)
 
 
(15,665)

Net assets
  
972,276
688,730

Page 1

 


3PB MANAGEMENT SERVICES LIMITED
  
(A Company Limited by Guarantee)
REGISTERED NUMBER:08633308


    
STATEMENT OF FINANCIAL POSITION (CONTINUED)
AS AT 28 FEBRUARY 2023

2023
2022
Note
£
£

Capital and reserves
  

Profit and loss account
  
972,276
688,730

  
972,276
688,730


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: 




................................................
S P Astill
Director

Date: 28 November 2023

The notes on pages 3 to 6 form part of these financial statements.

Page 2

 


3PB MANAGEMENT SERVICES LIMITED
 
(A Company Limited by Guarantee)
 


 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 28 FEBRUARY 2023

1.


General information

3PB Management Services Limited is a private Company limited by shares incorporated in the United Kingdom under the Companies Act 2006 and is registered in England and Wales. The address of its registered office and principal place of business is 3 Paper Buildings, Temple, London, EC4Y 7EU.
The financial statements are prepared in sterling, which is the functional currency of the company. Monetary amounts in these financial statements are rounded to the nearest £.

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

The turnover shown in the profit and loss account represents amounts receivable for goods and services provided during  the year in the normal course of business, net of trade discounts, VAT and other sales and related taxes. 

 
2.3

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:

Leasehold property
-
Over 5 years
Fixtures and fittings
-
25% 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.

 
2.4

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.

Page 3

 


3PB MANAGEMENT SERVICES LIMITED
 
(A Company Limited by Guarantee)
 


 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 28 FEBRUARY 2023

2.Accounting policies (continued)

  
2.5

Financial instruments

The Company only enters into basic financial instruments 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 and  loans to related parties.

 
2.6

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.

 
2.7

Operating leases: the Company as lessee

Rentals paid under operating leases are charged to profit or loss on a straight-line basis over the lease term.

Benefits received and receivable as an incentive to sign an operating lease are recognised on a straight-line basis over the lease term, unless another systematic basis is representative of the time pattern of the lessee's benefit from the use of the leased asset.

 
2.8

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 Statement of Financial Position. The assets of the plan are held separately from the Company in independently administered funds.

 
2.9

Interest income

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

 
2.10

Borrowing costs

All borrowing costs are recognised in profit or loss in the year in which they are incurred.

 
2.11

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

 


3PB MANAGEMENT SERVICES LIMITED
 
(A Company Limited by Guarantee)
 


 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 28 FEBRUARY 2023

3.


Employees

The average monthly number of employees, including directors, during the year was 51 (2022 - 48).


4.


Tangible fixed assets





Improvements to Leasehold Property
Fixtures and fittings
Total

£
£
£



Cost or valuation


At 1 March 2022
53,665
128,772
182,437


Additions
-
7,695
7,695



At 28 February 2023

53,665
136,467
190,132



Depreciation


At 1 March 2022
53,665
113,417
167,082


Charge for the year on owned assets
-
8,930
8,930



At 28 February 2023

53,665
122,347
176,012



Net book value



At 28 February 2023
-
14,120
14,120



At 28 February 2022
-
15,355
15,355


5.


Debtors

2023
2022
£
£


Trade debtors
357,802
394,082

Other debtors
143,022
142,120

Prepayments and accrued income
324,432
217,365

825,256
753,567


Page 5

 


3PB MANAGEMENT SERVICES LIMITED
 
(A Company Limited by Guarantee)
 


 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 28 FEBRUARY 2023

6.


Creditors: Amounts falling due within one year

2023
2022
£
£

Bank loans
140,000
140,000

Trade creditors
161,085
320,317

Corporation tax
80,800
51,485

Other taxation and social security
240,371
236,407

Other creditors
144,878
372,560

767,134
1,120,769



7.


Creditors: Amounts falling due after more than one year

2023
2022
£
£

Bank loans
396,666
583,333

Other creditors
98,736
114,903

495,402
698,236



8.


Provisions


Dilapidation provision

£





At 1 March 2022
12,000



At 28 February 2023
12,000



9.


Company status

The company is a private company limited by guarantee and consequently does not have share capital. Each of the members is liable to contribute an amount not exceeding £1 towards the assets of the company in the event of liquidation.

 
Page 6