Caseware UK (AP4) 2022.0.179 2022.0.179 2023-12-312023-12-312023-01-01falseNo description of principal activity22falsetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. 08172788 2023-01-01 2023-12-31 08172788 2022-01-01 2022-12-31 08172788 2023-12-31 08172788 2022-12-31 08172788 c:Director1 2023-01-01 2023-12-31 08172788 c:RegisteredOffice 2023-01-01 2023-12-31 08172788 d:OfficeEquipment 2023-01-01 2023-12-31 08172788 d:OfficeEquipment 2023-12-31 08172788 d:OfficeEquipment 2022-12-31 08172788 d:OfficeEquipment d:OwnedOrFreeholdAssets 2023-01-01 2023-12-31 08172788 d:Goodwill 2023-12-31 08172788 d:Goodwill 2022-12-31 08172788 d:CurrentFinancialInstruments 2023-12-31 08172788 d:CurrentFinancialInstruments 2022-12-31 08172788 d:CurrentFinancialInstruments d:WithinOneYear 2023-12-31 08172788 d:CurrentFinancialInstruments d:WithinOneYear 2022-12-31 08172788 d:Non-currentFinancialInstruments d:AfterOneYear 2023-12-31 08172788 d:Non-currentFinancialInstruments d:AfterOneYear 2022-12-31 08172788 d:ShareCapital 2023-12-31 08172788 d:ShareCapital 2022-12-31 08172788 d:OtherMiscellaneousReserve 2023-12-31 08172788 d:OtherMiscellaneousReserve 2022-12-31 08172788 d:RetainedEarningsAccumulatedLosses 2023-12-31 08172788 d:RetainedEarningsAccumulatedLosses 2022-12-31 08172788 c:FRS102 2023-01-01 2023-12-31 08172788 c:AuditExempt-NoAccountantsReport 2023-01-01 2023-12-31 08172788 c:FullAccounts 2023-01-01 2023-12-31 08172788 c:PrivateLimitedCompanyLtd 2023-01-01 2023-12-31 08172788 d:Goodwill d:ExternallyAcquiredIntangibleAssets 2023-01-01 2023-12-31 08172788 d:Goodwill d:OwnedIntangibleAssets 2023-01-01 2023-12-31 iso4217:GBP xbrli:pure
Company registration number: 08172788







UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED
31 DECEMBER 2023


ESHER ADVISORY LIMITED










































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ESHER ADVISORY LIMITED
 


 
COMPANY INFORMATION


Director
W. Kwei 




Registered number
08172788



Registered office
Lynton House
7-12 Tavistock Square

London

WC1H 9LT




Accountants
Menzies LLP
Chartered Accountants

Ashcombe House

5 The Crescent

Leatherhead

Surrey

KT22 8DY





 


ESHER ADVISORY LIMITED
 



CONTENTS



Page
Statement of Financial Position
1 - 2
Notes to the Financial Statements
3 - 7


 


ESHER ADVISORY LIMITED
REGISTERED NUMBER:08172788



STATEMENT OF FINANCIAL POSITION
AS AT 31 DECEMBER 2023

2023
2022
Note
£
£

Fixed assets
  

Intangible assets
 4 
8,674
-

Tangible assets
 5 
3,468
2,142

  
12,142
2,142

Current assets
  

Debtors: amounts falling due within one year
 6 
2,170,806
1,917,049

Cash at bank and in hand
  
292,550
288,704

  
2,463,356
2,205,753

Creditors: amounts falling due within one year
 7 
(566,575)
(596,337)

Net current assets
  
 
 
1,896,781
 
 
1,609,416

Total assets less current liabilities
  
1,908,923
1,611,558

Creditors: amounts falling due after more than one year
  
(19,927)
(30,833)

  

Net assets
  
1,888,996
1,580,725

Page 1

 


ESHER ADVISORY LIMITED
REGISTERED NUMBER:08172788


    
STATEMENT OF FINANCIAL POSITION (CONTINUED)
AS AT 31 DECEMBER 2023

2023
2022
£
£

Capital and reserves
  

Allotted, called up and fully paid share capital
  
1
1

Share option reserve
  
3,294
1,647

Profit and loss account
  
1,885,701
1,579,077

  
1,888,996
1,580,725


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 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: 



W. Kwei
Director

Date: 12 March 2024

The notes on pages 3 to 7 form part of these financial statements.

Page 2

 


ESHER ADVISORY LIMITED
 


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

1.


General information

Esher Advisory Limited is a private company limited by shares incorporated in England and Wales. The address of the registered office is disclosed 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.

 
2.2

Revenue

Revenue consists of consulting services and 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.

 
2.3

Intangible assets

Website development costs

Intangible assets are initially recognised at cost. After recognition, under the cost model, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

All intangible assets are considered to have a finite useful life. If a reliable estimate of the useful life cannot be made, the useful life shall not exceed ten years.

 
2.4

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.

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
-
33%
straight line

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 the Statement of Income and Retained Earnings.

 
2.5

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.

Page 3

 


ESHER ADVISORY LIMITED
 


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

2.Accounting policies (continued)

 
2.6

Government grants

Grants are accounted under the accruals model as permitted by FRS 102. Grants of a revenue nature are recognised in the Statement of Income and Retained Earnings in the same period as the related expenditure.

 
2.7

Finance costs

Finance costs are charged to profit or loss over the term of the debt using the effective interest method so that the amount charged is at a constant rate on the carrying amount. Issue costs are initially recognised as a reduction in the proceeds of the associated capital instrument.

 
2.8

Share-based payments

Where share options are awarded to employees, the fair value of the options at the date of grant is charged to profit or loss over the vesting period. Non-market vesting conditions are taken into account by adjusting the number of equity instruments expected to vest at each reporting date so that, ultimately, the cumulative amount recognised over the vesting period is based on the number of options that eventually vest. Market vesting conditions are factored into the fair value of the options granted. The cumulative expense is not adjusted for failure to achieve a market vesting condition.
The fair value of the award also takes into account non-vesting conditions. These are either factors beyond the control of either party (such as a target based on an index) or factors which are within the control of one or other of the parties (such as the Company keeping the scheme open or the employee maintaining any contributions required by the scheme).
Where the terms and conditions of options are modified before they vest, the increase in the fair value of the options, measured immediately before and after the modification, is also charged to profit or loss over the remaining vesting period.
EMI share options are granted to certain employees under the Esher Advisory Limited EMI Share Option Plan. These options lapse on the 10th anniversary of the grant date, unless an earlier event causes them to lapse under the rules, and may be exercised in exchange for shares on the vesting date, which is the date on which an exit occurs.

 
2.9

Operating leases: the Company as lessee

Rentals paid under operating leases are charged to the Statement of Income and Retained Earnings on a straight line basis over the lease term.

 
2.10

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 the Statement of Income and Retained Earnings 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.

Page 4

 


ESHER ADVISORY LIMITED
 


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

2.Accounting policies (continued)

 
2.11

Taxation

Tax is recognised in the Statement of Income and Retained Earnings, 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 income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates income.

Deferred tax balances are recognised in respect of all timing differences that have originated but not reversed by the Statement of Financial Position date, except that:
The recognition of deferred tax assets is limited to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits; and
Any deferred tax balances are reversed if and when all conditions for retaining associated tax allowances have been met.




3.


Employees

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


4.


Intangible assets




Website development costs

£



Cost


Additions
10,073



At 31 December 2023

10,073



Amortisation


Charge for the year on owned assets
1,399



At 31 December 2023

1,399



Net book value



At 31 December 2023
8,674



At 31 December 2022
-



Page 5

 


ESHER ADVISORY LIMITED
 


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

5.


Tangible fixed assets





Office equipment

£



Cost or valuation


At 1 January 2023
6,729


Additions
2,753



At 31 December 2023

9,482



Depreciation


At 1 January 2023
4,587


Charge for the year
1,427



At 31 December 2023

6,014



Net book value



At 31 December 2023
3,468



At 31 December 2022
2,142


6.


Debtors

2023
2022
£
£


Trade debtors
369,363
311,048

Other debtors
1,794,842
1,606,001

Prepayments and accrued income
6,601
-

2,170,806
1,917,049


Page 6

 


ESHER ADVISORY LIMITED
 


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

7.


Creditors: Amounts falling due within one year

2023
2022
£
£

Other loans
10,000
10,000

Trade creditors
216,094
296,180

Corporation tax
250,163
237,052

Other taxation and social security
73,848
49,078

Accruals and deferred income
16,470
4,027

566,575
596,337



8.


Transactions with the director

At the year end there was a balance outstanding of £1,352,896 (2022: £1,204,805) due from the director. There were amounts drawn down during the year totalling at £149,758 (2022: £434,350) and repayments of £1,667 (2022: £3,333). No interest has been charged.

Page 7