Caseware UK (AP4) 2022.0.179 2022.0.179 2023-08-312023-08-312022-09-01falseNo description of principal activity34falsetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. 08500518 2022-09-01 2023-08-31 08500518 2021-09-01 2022-08-31 08500518 2023-08-31 08500518 2022-08-31 08500518 c:Director2 2022-09-01 2023-08-31 08500518 d:CurrentFinancialInstruments 2023-08-31 08500518 d:CurrentFinancialInstruments 2022-08-31 08500518 d:CurrentFinancialInstruments d:WithinOneYear 2023-08-31 08500518 d:CurrentFinancialInstruments d:WithinOneYear 2022-08-31 08500518 d:ShareCapital 2023-08-31 08500518 d:ShareCapital 2022-08-31 08500518 d:RetainedEarningsAccumulatedLosses 2023-08-31 08500518 d:RetainedEarningsAccumulatedLosses 2022-08-31 08500518 c:OrdinaryShareClass1 2022-09-01 2023-08-31 08500518 c:OrdinaryShareClass1 2023-08-31 08500518 c:OrdinaryShareClass1 2022-08-31 08500518 c:FRS102 2022-09-01 2023-08-31 08500518 c:AuditExempt-NoAccountantsReport 2022-09-01 2023-08-31 08500518 c:FullAccounts 2022-09-01 2023-08-31 08500518 c:PrivateLimitedCompanyLtd 2022-09-01 2023-08-31 08500518 2 2022-09-01 2023-08-31 08500518 6 2022-09-01 2023-08-31 08500518 e:PoundSterling 2022-09-01 2023-08-31 xbrli:shares iso4217:GBP xbrli:pure

Registered number: 08500518










BIRMORE LIMITED








UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 31 AUGUST 2023

 
BIRMORE LIMITED
REGISTERED NUMBER: 08500518

BALANCE SHEET
AS AT 31 AUGUST 2023

2023
2022
Note
£
£

Fixed assets
  

Investments
 4 
200
200

Current assets
  

Debtors: amounts falling due within one year
 5 
584,871
378,108

Cash at bank and in hand
 6 
129,655
136,364

  
714,526
514,472

Current liabilities
  

Creditors: amounts falling due within one year
 7 
(219,873)
(68,819)

Net current assets
  
 
 
494,653
 
 
445,653

  

Net assets
  
494,853
445,853


Capital and reserves
  

Called up share capital 
 8 
102
102

Profit and loss account
  
494,751
445,751

  
494,853
445,853


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 comprehensive income 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 31 January 2024.




Professor H L Moore
Director

The notes on pages 2 to 5 form part of these financial statements.

Page 1

 
BIRMORE LIMITED
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2023

1.


General information

Birmore Limited is a private company, limited by share capital and incorporated in England and Wales.The registered office is 1st Floor, 20-22 Bedford Row, London, WC1R 4EB

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 Comprehensive Income within 'finance income or costs'. All other foreign exchange gains and losses are presented in profit or loss within 'other operating income'.

Page 2

 
BIRMORE LIMITED
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 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

Valuation of investments

Investments in subsidiaries are measured at cost less accumulated impairment.

 
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.

 
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.

Page 3

 
BIRMORE LIMITED
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2023

2.Accounting policies (continued)

 
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 3 (2022 - 4).


4.


Fixed asset investments





Investments in subsidiary companies

£



Cost or valuation


At 1 September 2022
200



At 31 August 2023
200





5.


Debtors

2023
2022
£
£


Amounts owed by group undertakings
584,685
377,935

Prepayments and accrued income
186
173

584,871
378,108



6.


Cash and cash equivalents

2023
2022
£
£

Cash at bank and in hand
129,655
136,364


Page 4

 
BIRMORE LIMITED
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2023

7.


Creditors: Amounts falling due within one year

2023
2022
£
£

Trade creditors
57
1,879

Corporation tax
13,315
4,581

Other taxation and social security
18,156
25,694

Other creditors
265
-

Accruals and deferred income
188,080
36,665

219,873
68,819



8.


Share capital

2023
2022
£
£
Allotted, called up and fully paid



102 (2022 - 102) Ordinary shares of £1.00 each
102
102



9.


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 £2,276 (2022: £3,552). Contributions totalling £265 (2022: £nil) were payable to  the fund at the balance sheet date and are included in other creditors.


10.


Related party transactions

The Company is exempt under Paragraph 33.1A of FRS 102 from disclosing related party transactions with entities that are part of the group headed by Birmore Limited, where 100% of the voting rights are controlled within the group.


11.


Controlling party

The Company is controlled by its shareholders.
On the grounds that the group is small, Birmore Limited does not prepare consolidated financial statements.

Page 5