Caseware UK (AP4) 2022.0.179 2022.0.179 2023-12-312023-12-31trueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.2No description of principal activity2023-01-01false2true 13779536 2023-01-01 2023-12-31 13779536 2021-12-03 2022-12-31 13779536 2023-12-31 13779536 2022-12-31 13779536 c:Director1 2023-01-01 2023-12-31 13779536 d:CurrentFinancialInstruments 2023-12-31 13779536 d:CurrentFinancialInstruments 2022-12-31 13779536 d:CurrentFinancialInstruments d:WithinOneYear 2023-12-31 13779536 d:CurrentFinancialInstruments d:WithinOneYear 2022-12-31 13779536 d:ShareCapital 2023-12-31 13779536 d:ShareCapital 2022-12-31 13779536 d:RetainedEarningsAccumulatedLosses 2023-12-31 13779536 d:RetainedEarningsAccumulatedLosses 2022-12-31 13779536 c:FRS102 2023-01-01 2023-12-31 13779536 c:AuditExempt-NoAccountantsReport 2023-01-01 2023-12-31 13779536 c:FullAccounts 2023-01-01 2023-12-31 13779536 c:PrivateLimitedCompanyLtd 2023-01-01 2023-12-31 13779536 2 2023-01-01 2023-12-31 iso4217:GBP xbrli:pure

Registered number: 13779536









GRANTS OFFICE LIMITED







UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 31 DECEMBER 2023

 
GRANTS OFFICE LIMITED
REGISTERED NUMBER: 13779536

BALANCE SHEET
AS AT 31 DECEMBER 2023

2023
2023
2022
2022
Note
£
£
£
£

  

Current assets
  

Debtors: amounts falling due within one year
 4 
12,511
3,200

Cash at bank and in hand
 5 
5,522
26,790

  
18,033
29,990

Creditors: amounts falling due within one year
 6 
(6,574)
(22,601)

Net current assets
  
 
 
11,459
 
 
7,389

Total assets less current liabilities
  
11,459
7,389

  

Net assets
  
11,459
7,389


Capital and reserves
  

Called up share capital 
  
1
1

Profit and loss account
  
11,458
7,388

Total equity
  
11,459
7,389


Page 1

 
GRANTS OFFICE LIMITED
REGISTERED NUMBER: 13779536
    
BALANCE SHEET (CONTINUED)
AS AT 31 DECEMBER 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 by: 




................................................
M Paddock
Director

Date: 5 February 2024

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

Page 2

 
GRANTS OFFICE LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023

1.


General information

Grants Office Limited is a private company limited by shares. The company is incorporated in England and Wales, and the address of its registered office is 59-60 Russell Square, London, WC1B 4HP.

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

Foreign currency translation

Functional and presentation currency

The Company's functional and presentational currency is GBP.

Transactions and balances

Foreign currency transactions are translated into the functional currency using the spot exchange rates at the dates of the transactions.

At each period end foreign currency monetary items are translated using the closing rate. Non-monetary items measured at historical cost are translated using the exchange rate at the date of the transaction and non-monetary items measured at fair value are measured using the exchange rate when fair value was determined.

Foreign exchange gains and losses resulting from the settlement of transactions and from the translation at period-end exchange rates of monetary assets and liabilities denominated in foreign currencies are recognised in profit or loss except when deferred in other comprehensive income as qualifying cash flow hedges.

Foreign exchange gains and losses that relate to borrowings and cash and cash equivalents are presented in the Statement of income and retained earnings within 'finance income or costs'. All other foreign exchange gains and losses are presented in profit or loss within 'other operating income'.

Page 3

 
GRANTS OFFICE LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023

2.Accounting policies (continued)

 
2.3

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.

 
2.4

Interest income

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

 
2.5

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.

 
2.6

Taxation

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 corporation 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 United Kingdom where the Company operates and generates income.

 
2.7

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.

Page 4

 
GRANTS OFFICE LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023

2.Accounting policies (continued)

 
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. 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.

 
2.9

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.

 
2.10

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 from banks and other third parties, loans to related parties and investments in ordinary shares.


3.


Employees

The average monthly number of employees, including directors, during the year was 2 (2022 - 2).


4.


Debtors

2023
2022
£
£


Trade debtors
3,200
3,200

Amounts owed by group undertakings
9,311
-

12,511
3,200



5.


Cash and cash equivalents

2023
2022
£
£

Cash at bank and in hand
5,522
26,790


Page 5

 
GRANTS OFFICE LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023

6.


Creditors: Amounts falling due within one year

2023
2022
£
£

Amounts owed to group undertakings
-
16,668

Corporation tax
955
1,816

Other taxation and social security
975
1,297

Accruals and deferred income
4,644
2,820

6,574
22,601



7.


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 £664 (2022 - £917).


8.


Controlling party

The immediate and ultimate parent undertaking is Grants Office LLC. The registered office of Grants Office LLC is 510 Clinton Square, Rochester, NY 14604, United States.

 
Page 6