Caseware UK (AP4) 2023.0.135 2023.0.135 2023-05-312023-05-3192022-06-01falseArchitectural design8truetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. 03780616 2022-06-01 2023-05-31 03780616 2021-06-01 2022-05-31 03780616 2023-05-31 03780616 2022-05-31 03780616 c:Director2 2022-06-01 2023-05-31 03780616 d:Buildings 2022-06-01 2023-05-31 03780616 d:Buildings 2023-05-31 03780616 d:Buildings 2022-05-31 03780616 d:Buildings d:OwnedOrFreeholdAssets 2022-06-01 2023-05-31 03780616 d:Buildings d:LongLeaseholdAssets 2022-06-01 2023-05-31 03780616 d:FurnitureFittings 2022-06-01 2023-05-31 03780616 d:ComputerEquipment 2022-06-01 2023-05-31 03780616 d:OtherPropertyPlantEquipment 2022-06-01 2023-05-31 03780616 d:OtherPropertyPlantEquipment 2023-05-31 03780616 d:OtherPropertyPlantEquipment 2022-05-31 03780616 d:OtherPropertyPlantEquipment d:OwnedOrFreeholdAssets 2022-06-01 2023-05-31 03780616 d:OwnedOrFreeholdAssets 2022-06-01 2023-05-31 03780616 d:CurrentFinancialInstruments 2023-05-31 03780616 d:CurrentFinancialInstruments 2022-05-31 03780616 d:Non-currentFinancialInstruments 2023-05-31 03780616 d:Non-currentFinancialInstruments 2022-05-31 03780616 d:CurrentFinancialInstruments d:WithinOneYear 2023-05-31 03780616 d:CurrentFinancialInstruments d:WithinOneYear 2022-05-31 03780616 d:Non-currentFinancialInstruments d:AfterOneYear 2023-05-31 03780616 d:Non-currentFinancialInstruments d:AfterOneYear 2022-05-31 03780616 d:ShareCapital 2023-05-31 03780616 d:ShareCapital 2022-05-31 03780616 d:RetainedEarningsAccumulatedLosses 2023-05-31 03780616 d:RetainedEarningsAccumulatedLosses 2022-05-31 03780616 c:FRS102 2022-06-01 2023-05-31 03780616 c:AuditExempt-NoAccountantsReport 2022-06-01 2023-05-31 03780616 c:FullAccounts 2022-06-01 2023-05-31 03780616 c:PrivateLimitedCompanyLtd 2022-06-01 2023-05-31 03780616 2 2022-06-01 2023-05-31 iso4217:GBP xbrli:pure
Registered number: 03780616






SENKENKEN LIMITED
UNAUDITED
FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MAY 2023










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SENKENKEN LIMITED
REGISTERED NUMBER:03780616

BALANCE SHEET
AS AT 31 MAY 2023

2023
2022
Note
£
£

Fixed assets
  

Tangible assets
 4 
9,896
15,849

  
9,896
15,849

Current assets
  

Stocks
 5 
-
20,330

Debtors
 6 
160,360
283,548

Cash at bank and in hand
 7 
271,708
71,552

  
432,068
375,430

Creditors: amounts falling due within one year
 8 
(191,706)
(223,946)

Net current assets
  
 
 
240,362
 
 
151,484

Total assets less current liabilities
  
250,258
167,333

Creditors: amounts falling due after more than one year
 9 
(20,834)
(30,833)

Provisions for liabilities
  

Deferred tax
  
(1,272)
(885)

  
 
 
(1,272)
 
 
(885)

Net assets
  
228,152
135,615


Capital and reserves
  

Called up share capital 
  
100
100

Profit and loss account
  
228,052
135,515

  
228,152
135,615


Page 1

 
SENKENKEN LIMITED
REGISTERED NUMBER:03780616
    
BALANCE SHEET (CONTINUED)
AS AT 31 MAY 2023

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: 




A Ferenczi
Director

Date: 30 January 2024

Page 2

 
SENKENKEN LIMITED
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MAY 2023

1.


General information

Senkenken Limited is a private company limited by shares, incorporated in England and Wales. Its registered office is The Mill, Stortford Road, Hatfield Heath, Essex, CM22 7DL.
The principal activity of the company continued to be that of architectural design. 

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. The following criteria must also be met before revenue is recognised:

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.

 
2.3

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.

 
2.4

Interest income

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

 
2.5

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.

Page 3

 
SENKENKEN LIMITED
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MAY 2023

2.Accounting policies (continued)

 
2.6

Borrowing costs

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

 
2.7

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 Balance Sheet. The assets of the plan are held separately from the company in independently administered funds.

 
2.8

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

Deferred tax balances are recognised in respect of all timing differences that have originated but not reversed by the balance sheet date, except that:
The recognition of deferred tax assets is limited to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits; and
Any deferred tax balances are reversed if and when all conditions for retaining associated tax allowances have been met.

Deferred tax balances are not recognised in respect of permanent differences except in respect of business combinations, when deferred tax is recognised on the differences between the fair values of assets acquired and the future tax deductions available for them and the differences between the fair values of liabilities acquired and the amount that will be assessed for tax. Deferred tax is determined using tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

 
2.9

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.

Page 4

 
SENKENKEN LIMITED
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MAY 2023

2.Accounting policies (continued)


2.9
Tangible fixed assets (continued)

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 and straight line basis.

Depreciation is provided on the following basis:

L/Term Leasehold Property
-
10 years straight line
Fixtures & fittings
-
25% reducing balance
Computer 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.

 
2.10

Stocks

Stocks are stated at the lower of cost and net realisable value, being the estimated selling price less costs to complete and sell. Cost is based on the cost of purchase on a first in, first out basis. Work in progress and finished goods include labour and attributable overheads.

At each balance sheet date, stocks are assessed for impairment. If stock is impaired, the carrying amount is reduced to its selling price less costs to complete and sell. The impairment loss is recognised immediately in profit or loss.

 
2.11

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.

 
2.12

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.

 
2.13

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.

Page 5

 
SENKENKEN LIMITED
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MAY 2023

2.Accounting policies (continued)

 
2.14

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 balance sheet 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 Balance Sheet.

 
2.15

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.

The company has elected to apply the recognition and measurement provisions of IFRS 9 Financial Instruments (as adopted by the UK Endorsement Board) with the disclosure requirements of Sections 11 and 12 and the other presentation requirements of FRS 102.

Financial instruments are recognised in the company's Balance Sheet when the company becomes party to the contractual provisions of the instrument.


3.


Employees

The average monthly number of employees, including directors, during the year was 8 (2022 -9).

Page 6

 
SENKENKEN LIMITED
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MAY 2023

4.


Tangible fixed assets





Land and buildings
Other fixed assets
Total

£
£
£



Cost or valuation


At 1 June 2022
32,000
53,677
85,677


Disposals
-
(17,313)
(17,313)



At 31 May 2023

32,000
36,364
68,364



Depreciation


At 1 June 2022
25,600
44,227
69,827


Charge for the year on owned assets
3,200
2,424
5,624


Disposals
-
(16,983)
(16,983)



At 31 May 2023

28,800
29,668
58,468



Net book value



At 31 May 2023
3,200
6,696
9,896



At 31 May 2022
6,400
9,449
15,849


5.


Stocks

2023
2022
£
£

Work in progress
-
20,330

-
20,330


Page 7

 
SENKENKEN LIMITED
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MAY 2023

6.


Debtors


2023
2022
£
£



Trade debtors
138,452
277,233

Other debtors
10,796
-

Prepayments and accrued income
11,112
6,315

160,360
283,548



7.


Cash and cash equivalents

2023
2022
£
£

Cash at bank and in hand
271,708
71,552

271,708
71,552



8.


Creditors: Amounts falling due within one year

2023
2022
£
£

Bank loans
10,000
10,000

Trade creditors
11,761
26,785

Other taxation and social security
76,859
107,632

Other creditors
27,318
15,185

Accruals and deferred income
65,768
64,344

191,706
223,946



9.


Creditors: Amounts falling due after more than one year

2023
2022
£
£

Bank loans
20,834
30,833

20,834
30,833


Page 8

 
SENKENKEN LIMITED
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MAY 2023

10.


Pension commitments

The company operates a defined contributions pension scheme. The assets of the scheme are held separately from those of the company in an independently administered fund. The pension cost charge represents contributions payable by the company to the fund and amounted to £7,221 (2022:£4,155). Contributions totalling £4,562 (2022:£1,251) were payable to the fund at the balance sheet date. 

 
Page 9