Caseware UK (AP4) 2022.0.179 2022.0.179 2023-09-302023-09-3032022-10-01falseNo description of principal activity9falsetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. 13511332 2022-10-01 2023-09-30 13511332 2021-07-14 2022-09-30 13511332 2023-09-30 13511332 2022-09-30 13511332 c:Director1 2022-10-01 2023-09-30 13511332 c:Director2 2022-10-01 2023-09-30 13511332 c:Director3 2022-10-01 2023-09-30 13511332 c:RegisteredOffice 2022-10-01 2023-09-30 13511332 d:OfficeEquipment 2022-10-01 2023-09-30 13511332 d:OfficeEquipment 2023-09-30 13511332 d:OfficeEquipment 2022-09-30 13511332 d:OfficeEquipment d:OwnedOrFreeholdAssets 2022-10-01 2023-09-30 13511332 d:ComputerEquipment 2022-10-01 2023-09-30 13511332 d:ComputerEquipment 2023-09-30 13511332 d:ComputerEquipment 2022-09-30 13511332 d:ComputerEquipment d:OwnedOrFreeholdAssets 2022-10-01 2023-09-30 13511332 d:OwnedOrFreeholdAssets 2022-10-01 2023-09-30 13511332 d:CurrentFinancialInstruments 2023-09-30 13511332 d:CurrentFinancialInstruments 2022-09-30 13511332 d:CurrentFinancialInstruments d:WithinOneYear 2023-09-30 13511332 d:CurrentFinancialInstruments d:WithinOneYear 2022-09-30 13511332 d:ShareCapital 2023-09-30 13511332 d:ShareCapital 2022-09-30 13511332 d:RetainedEarningsAccumulatedLosses 2023-09-30 13511332 d:RetainedEarningsAccumulatedLosses 2022-09-30 13511332 c:FRS102 2022-10-01 2023-09-30 13511332 c:AuditExempt-NoAccountantsReport 2022-10-01 2023-09-30 13511332 c:FullAccounts 2022-10-01 2023-09-30 13511332 c:PrivateLimitedCompanyLtd 2022-10-01 2023-09-30 iso4217:GBP xbrli:pure
Company registration number: 13511332







UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED
30 SEPTEMBER 2023


CONSTRUKT RS LIMITED






































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CONSTRUKT RS LIMITED
 


 
COMPANY INFORMATION


Directors
Mr A J Pinfield 
Mr D M Groves 
Mr J M E Ayres 




Registered number
13511332



Registered office
Unit 1a Dutton Lane

Eastleigh

Hampshire

SO50 6AA




Accountants
Menzies LLP
Chartered Accountants

3000a Parkway

Whiteley

Hampshire

PO15 7FX





 


CONSTRUKT RS LIMITED
 



CONTENTS



Page
Statement of financial position
1 - 2
Notes to the financial statements
3 - 6


 


CONSTRUKT RS LIMITED
REGISTERED NUMBER:13511332



STATEMENT OF FINANCIAL POSITION
AS AT 30 SEPTEMBER 2023

2023
2022
Note
£
£

Fixed assets
  

Tangible assets
 4 
4,208
2,417

  
4,208
2,417

Current assets
  

Debtors: amounts falling due within one year
 5 
78,799
17,389

Cash at bank and in hand
  
58,792
15,214

  
137,591
32,603

Creditors: amounts falling due within one year
 6 
(461,332)
(163,683)

Net current liabilities
  
 
 
(323,741)
 
 
(131,080)

Total assets less current liabilities
  
(319,533)
(128,663)

  

Net liabilities
  
(319,533)
(128,663)

Page 1

 


CONSTRUKT RS LIMITED
REGISTERED NUMBER:13511332


    
STATEMENT OF FINANCIAL POSITION (CONTINUED)
AS AT 30 SEPTEMBER 2023

2023
2022
Note
£
£

Capital and reserves
  

Called up share capital 
  
200
200

Profit and loss account
  
(319,733)
(128,863)

  
(319,533)
(128,663)


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: 




Mr A J Pinfield
Director

Date: 1 March 2024

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

Page 2

 


CONSTRUKT RS LIMITED
 


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

1.


General information

Construkt RS Limited is a private company limited by shares registered in England and Wales. The
company's registered number and registered office address can be found on the Company Information page.

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

At the year end the company's liabilities exceeded its assets, the directors have confirmed that group entities will not seek repayment of their debt until the company is in a position to be able to repay and as such the company remains a going concern.

 
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

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 Statement of financial position. The assets of the plan are held separately from the Company in independently administered funds.

 
2.5

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 3

 


CONSTRUKT RS LIMITED
 


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

2.Accounting policies (continued)


2.5
Tangible fixed assets (continued)

Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, using the straight-line method.

Depreciation is provided on the following basis:

Office equipment
-
25%
Computer equipment
-
33%

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.

 
2.6

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.

 
2.7

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.

 
2.8

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.

 
2.9

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.

Financial instruments are recognised in the Company's Statement of financial position when the Company becomes party to the contractual provisions of the instrument.

Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally 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.

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 and are subsequently carried at their amortised cost using the effective interest method, less any provision for impairment, unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest.

Discounting is omitted where the effect of discounting is immaterial. The Company's cash and cash
Page 4

 


CONSTRUKT RS LIMITED
 


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

2.Accounting policies (continued)


2.9
Financial instruments (continued)

equivalents, trade and most other receivables due with the operating cycle fall into this category of financial instruments.

Impairment of financial assets

Financial assets are assessed for indicators of impairment at each reporting date. 

Financial assets are impaired when events, subsequent to their initial recognition, indicate the estimated future cash flows derived from the financial asset(s) have been adversely impacted. The impairment loss will be the difference between the current carrying amount and the present value of the future cash flows at the asset(s) original effective interest rate.

If there is a favourable change in relation to the events surrounding the impairment loss then the impairment can be reviewed for possible reversal. The reversal will not cause the current carrying amount to exceed the original carrying amount had the impairment not been recognised. The impairment reversal is recognised in the profit or loss.

Financial liabilities

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instruments any contract that evidences a residual interest in the assets of the Company after the deduction of all its 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. When this constitutes a financing transaction, whereby the debt instrument is measured at the present value of the future receipts discounted at a market rate of interest. Discounting is omitted where the effect of discounting is immaterial.

Debt instruments are subsequently carried at their amortised cost using the effective interest rate method.

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. If not, they represent non-current liabilities. Trade payables are initially recognised at their transaction price and subsequently are measured at amortised cost using the effective interest method. Discounting is omitted where the effect of discounting is immaterial.

Derecognition of financial assets

Financial assets are derecognised when their contractual right to future cash flow expire, or are settled, or when the Company transfers the asset and substantially all the risks and rewards of ownership to another party. If significant risks and rewards of ownership are retained after the transfer to another party, then the Company will continue to recognise the value of the portion of the risks and rewards retained.

Derecognition of financial liabilities

Financial liabilities are derecognised when the Company's contractual obligations expire or are discharged or cancelled.


3.


Employees

The average monthly number of employees, including directors, during the year was 9 (2022 - 3).

Page 5

 


CONSTRUKT RS LIMITED
 


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

4.


Tangible fixed assets





Office equipment
Computer equipment
Total

£
£
£



Cost or valuation


At 1 October 2022
1,197
1,549
2,746


Additions
173
3,178
3,351



At 30 September 2023

1,370
4,727
6,097



Depreciation


At 1 October 2022
50
279
329


Charge for the year on owned assets
328
1,232
1,560



At 30 September 2023

378
1,511
1,889



Net book value



At 30 September 2023
992
3,216
4,208


5.


Debtors

2023
2022
£
£


Trade debtors
69,008
9,455

Other debtors
2,310
4,625

Prepayments
7,481
3,309

78,799
17,389



6.


Creditors: Amounts falling due within one year

2023
2022
£
£

Trade creditors
9,717
8,206

Amounts owed to group undertakings
434,576
148,979

Other taxation and social security
11,819
2,969

Other creditors
2,920
1,229

Accruals
2,300
2,300

461,332
163,683


 
Page 6