Caseware UK (AP4) 2022.0.179 2022.0.179 2023-09-302023-09-30trueNo description of principal activity2022-09-02false01falseThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. 14332911 2022-09-01 14332911 2022-09-02 2023-09-30 14332911 2021-09-02 2022-09-01 14332911 2023-09-30 14332911 c:Director1 2022-09-02 2023-09-30 14332911 c:Director2 2022-09-02 2023-09-30 14332911 d:CurrentFinancialInstruments 2023-09-30 14332911 d:CurrentFinancialInstruments d:WithinOneYear 2023-09-30 14332911 d:RetainedEarningsAccumulatedLosses 2023-09-30 14332911 c:FRS102 2022-09-02 2023-09-30 14332911 c:AuditExempt-NoAccountantsReport 2022-09-02 2023-09-30 14332911 c:FullAccounts 2022-09-02 2023-09-30 14332911 c:CompanyLimitedByGuarantee 2022-09-02 2023-09-30 14332911 e:PoundSterling 2022-09-02 2023-09-30 iso4217:GBP xbrli:pure
Registered number: 14332911









UK NAVAL ENGINEERING, SCIENCE AND TECHNOLOGY LTD
(A Company Limited by Guarantee)

UNAUDITED

FINANCIAL STATEMENTS
INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE PERIOD ENDED 30 SEPTEMBER 2023

 
UK NAVAL ENGINEERING, SCIENCE AND TECHNOLOGY LTD
 
(A Company Limited by Guarantee)
REGISTERED NUMBER: 14332911

BALANCE SHEET
AS AT 30 SEPTEMBER 2023

2023
Note
£

  

Current assets
  

Debtors: amounts falling due within one year
 4 
188,496

Cash at bank and in hand
  
85,472

  
273,968

Creditors: amounts falling due within one year
 5 
(192,753)

Net current assets
  
 
 
81,215

Total assets less current liabilities
  
81,215

  

Net assets
  
81,215


Capital and reserves
  

Profit and loss account
  
81,215

  
81,215


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 period 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 profit and loss account 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 21 February 2024.




I Grant
P Havron
Director
Director

The notes on pages 2 to 4 form part of these financial statements.

Page 1

 
UK NAVAL ENGINEERING, SCIENCE AND TECHNOLOGY LTD

(A Company Limited by Guarantee)
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 30 SEPTEMBER 2023

1.


General information

UK Naval Engineering, Science and Technology Ltd is a private company, limited by guarantee, incorporated in England and Wales, registration number 14332911. The registered office is Tennyson House, Cambridge Business Park, Cambridge, Cambridgeshire, United Kingdom, CB4 0WZ. 
The financial statements are presented in sterling, which is the functional currency of the company and rounded to the nearest £.

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

Going concern

The directors are continually assessing the impact of the current economic climate. They have not encountered any significant adverse impacts as a result, therefore, the directors deem it appropriate to prepare the accounts on a going concern basis.

 
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. 
Membership income
Membership subscriptions run in line with the financial year and are recognised for the period they relate to. 

 
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

 
UK NAVAL ENGINEERING, SCIENCE AND TECHNOLOGY LTD

(A Company Limited by Guarantee)
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 30 SEPTEMBER 2023

2.Accounting policies (continued)

 
2.7

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.

Basic financial assets

Basic financial assets, which include trade and other receivables, cash and bank balances, are initially measured at their transaction price including transaction costs.

Basic financial liabilities 
Basic financial liabilities, which include trade and other payables, bank loans and other loans are initially measured at their transaction price after transaction costs.
Trade payables are obligations to pay for goods and services that have been acquired in the ordinary course of business from suppliers. Trade payables are classified as current liabilities if the payment is due within one year.


3.


Employees




The average monthly number of employees, including directors, during the period was 1.


4.


Debtors

2023
£


Trade debtors
188,496



5.


Creditors: Amounts falling due within one year

2023
£

Trade creditors
707

Other taxation and social security
35,559

Accruals and deferred income
156,487

192,753


Page 3

 
UK NAVAL ENGINEERING, SCIENCE AND TECHNOLOGY LTD

(A Company Limited by Guarantee)
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 30 SEPTEMBER 2023


6.


Company status

The company is a private company limited by guarantee and consequently does not have share capital. Each of the members is liable to contribute an amount not exceeding £1 towards the assets of the company in the event of liquidation.


Page 4