Caseware UK (AP4) 2023.0.135 2023.0.135 2023-05-312023-05-312022-06-01falseManagement consultancy activities other than financial management33truetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. 08060498 2022-06-01 2023-05-31 08060498 2021-06-01 2022-05-31 08060498 2023-05-31 08060498 2022-05-31 08060498 c:Director3 2022-06-01 2023-05-31 08060498 d:CurrentFinancialInstruments 2023-05-31 08060498 d:CurrentFinancialInstruments 2022-05-31 08060498 d:Non-currentFinancialInstruments 2023-05-31 08060498 d:Non-currentFinancialInstruments 2022-05-31 08060498 d:CurrentFinancialInstruments d:WithinOneYear 2023-05-31 08060498 d:CurrentFinancialInstruments d:WithinOneYear 2022-05-31 08060498 d:Non-currentFinancialInstruments d:AfterOneYear 2023-05-31 08060498 d:Non-currentFinancialInstruments d:AfterOneYear 2022-05-31 08060498 d:ShareCapital 2023-05-31 08060498 d:ShareCapital 2022-05-31 08060498 d:RetainedEarningsAccumulatedLosses 2023-05-31 08060498 d:RetainedEarningsAccumulatedLosses 2022-05-31 08060498 c:FRS102 2022-06-01 2023-05-31 08060498 c:AuditExempt-NoAccountantsReport 2022-06-01 2023-05-31 08060498 c:FullAccounts 2022-06-01 2023-05-31 08060498 c:PrivateLimitedCompanyLtd 2022-06-01 2023-05-31 iso4217:GBP xbrli:pure

Registered number: 08060498










UNIVERSAL ENVIRONMENTAL (INFORMATION) ACCESS LIMITED








UNAUDITED

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MAY 2023

 
UNIVERSAL ENVIRONMENTAL (INFORMATION) ACCESS LIMITED
REGISTERED NUMBER: 08060498

BALANCE SHEET
AS AT 31 MAY 2023

2023
2022
Note
£
£

  

Current assets
  

Stocks
  
4,835,759
3,333,805

Debtors: amounts falling due within one year
 4 
619,373
607,517

Cash at bank and in hand
  
78,862
78,492

  
5,533,994
4,019,814

Creditors: amounts falling due within one year
 5 
(5,360,245)
(3,804,434)

Net current assets
  
 
 
173,749
 
 
215,380

Creditors: amounts falling due after more than one year
 6 
(27,500)
(37,500)

  

Net assets
  
146,249
177,880


Capital and reserves
  

Called up share capital 
  
10
10

Profit and loss account
  
146,239
177,870

  
146,249
177,880


Page 1

 
UNIVERSAL ENVIRONMENTAL (INFORMATION) ACCESS LIMITED
REGISTERED NUMBER: 08060498
    
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 on 22 January 2024.




M E Adams
Director

The notes on pages 3 to 5 form part of these financial statements.

Page 2

 
UNIVERSAL ENVIRONMENTAL (INFORMATION) ACCESS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MAY 2023

1.


General information

Universal Environmental (Information) Access Limited is a private Company limited by shares, incorporated in England and Wales (registered number: 08060498). Its registered office is 2 Ashgate Road, Chesterfield, S40 4AA. The principal activity of the Company throughout the year continued to be that of provision of legal services to clients.

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 Company's functional and presentational currency is pounds sterling.

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.

Page 3

 
UNIVERSAL ENVIRONMENTAL (INFORMATION) ACCESS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MAY 2023

2.Accounting policies (continued)

 
2.3

Financial instruments

The Company only enters into basic financial instrument transactions that result in the recognition of financial assets and liabilities such as bank and cash balances, trade and other accounts receivable and payable, loans from banks and other third parties, and loans to and from related parties.
Debt instruments (other than those wholly repayable or receivable within one year), including loans and other accounts receivable and payable, are initially measured at the transaction price and subsequently at amortised cost using the effective interest method. Debt instruments that are payable or receivable within one year, typically trade payables or receivables, are measured, initially and subsequently, at the undiscounted amount of the cash or other consideration expected to be paid or received. However, if the arrangements of a short-term instrument constitute a financing transaction, the financial asset or liability is measured, initially, at the present value of the future cash flow discounted at a market rate of interest for a similar debt instrument and subsequently at amortised cost.
Financial assets and liabilities are offset and the net amount reported in the Balance Sheet when there is an 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.

 
2.4

Current and deferred taxation

Tax is recognised in the Statement of Income and Retained Earnings.
The current 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.


3.


Employees

The average monthly number of employees, including directors, during the year was 3 (2022 - 3).

Page 4

 
UNIVERSAL ENVIRONMENTAL (INFORMATION) ACCESS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MAY 2023

4.


Debtors

2023
2022
£
£


Trade debtors
57,286
90,854

Other debtors
442,424
423,803

Prepayments and accrued income
5,018
5,018

Tax recoverable
114,645
87,842

619,373
607,517



5.


Creditors: Amounts falling due within one year

2023
2022
£
£

Bank loans
10,000
10,000

Trade creditors
912,559
554,947

Corporation tax
102,198
109,038

Other creditors
4,329,059
3,124,847

Accruals and deferred income
6,429
5,602

5,360,245
3,804,434



6.


Creditors: Amounts falling due after more than one year

2023
2022
£
£

Bank loans
27,500
37,500


 
Page 5