Caseware UK (AP4) 2022.0.179 2022.0.179 falseThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.falsetrue2022-05-012No description of principal activity2 12489182 2022-05-01 2023-04-30 12489182 2021-05-01 2022-04-30 12489182 2023-04-30 12489182 2022-04-30 12489182 c:Director1 2022-05-01 2023-04-30 12489182 d:CurrentFinancialInstruments 2023-04-30 12489182 d:CurrentFinancialInstruments 2022-04-30 12489182 d:CurrentFinancialInstruments d:WithinOneYear 2023-04-30 12489182 d:CurrentFinancialInstruments d:WithinOneYear 2022-04-30 12489182 d:ShareCapital 2023-04-30 12489182 d:ShareCapital 2022-04-30 12489182 d:RetainedEarningsAccumulatedLosses 2023-04-30 12489182 d:RetainedEarningsAccumulatedLosses 2022-04-30 12489182 c:FRS102 2022-05-01 2023-04-30 12489182 c:AuditExempt-NoAccountantsReport 2022-05-01 2023-04-30 12489182 c:FullAccounts 2022-05-01 2023-04-30 12489182 c:PrivateLimitedCompanyLtd 2022-05-01 2023-04-30 iso4217:GBP xbrli:pure


















International Forum of Senior Executive Advisers Limited























Unaudited

Financial statements



For the year ended 30 April 2023



Registered number: 12489182

 
International Forum of Senior Executive Advisers Limited - Registered number: 12489182

Statement of financial position
As at 30 April 2023

2023
2022
Note
£
£

  

Current assets
  

Debtors: amounts falling due within one year
 4 
23,176
10,006

Cash at bank and in hand
  
16,933
5,729

  
40,109
15,735

Creditors: amounts falling due within one year
 5 
(122,418)
(90,117)

Net current liabilities
  
 
 
(82,309)
 
 
(74,382)

Total assets less current liabilities
  
(82,309)
(74,382)

  

Net liabilities
  
(82,309)
(74,382)


Capital and reserves
  

Share capital
  
1
1

Profit and loss account
  
(82,310)
(74,383)

  
(82,309)
(74,382)


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: 



C Murray
Director

Date: 15 November 2023

The notes on pages 2 to 3 form part of these financial statements.
Page 1

 
International Forum of Senior Executive Advisers Limited

 
Notes to the financial statements
For the year ended 30 April 2023

1.


General information

International Forum of Senior Executive Advisers Limited is a private company limited by shares, incorporated in England and Wales. Its company registration number is 12489182. The registered office and its principal place of business is 36-38 Cornhill, First Floor, London, EC3V 3NG.

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 Republic of Ireland' ('FRS 102') and the Companies Act 2006.

The preparation of financial statements in compliance with FRS 102 requires the use of certain critical accounting estimates. It also requires management to exercise judgement in applying the company's accounting policies.

The following principal accounting policies have been applied:

 
2.2

Going concern

At the reporting date, the company's liabilities exceeded its assets. The company has received assurance from
its shareholder that they will continue to give financial support to the company for a period of at least
twelve months from the date of approval of these financial statements, sufficient to enable the company to
meet its liabilities as and when they fall due for the foreseeable future and defer repayment of any amounts
owed to them in favour of other creditors.
On this basis the directors consider it appropriate to prepare the financial statements on a going concern
basis. However should the financial support mentioned above not be forthcoming, the going concern basis
used in preparing the company's financial statements may be invalid and adjustments would have to be
made necessary should this basis not continue to be appropriate.

 
2.3

Turnover

Turnover 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. Turnover is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

 
2.4

Debtors

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

 
2.5

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.

 
2.6

Creditors

Short-term creditors are measured at the transaction price.

Page 2

 
International Forum of Senior Executive Advisers Limited

Notes to the financial statements
For the year ended 30 April 2023

2.Accounting policies (continued)

 
2.7

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, and loans from related parties.


3.


Employees

The average monthly number of employees, including directors under employment contracts, during the year was 0 (2022 - 0).


4.


Debtors

2023
2022
£
£


Trade debtors
17,474
10,006

Prepayments
5,702
-

23,176
10,006



5.


Creditors: Amounts falling due within one year

2023
2022
£
£

Trade creditors
29
-

Amounts owed to group undertakings
90,614
74,483

Other taxation and social security
4,947
2,601

Accruals and deferred income
26,828
13,033

122,418
90,117



6.


Controlling party

The immediate parent entity is CM Murray LLP.
In the opinion of the directors, there is no ultimate controlling party.


Page 3