Caseware UK (AP4) 2022.0.179 2022.0.179 2023-06-302023-06-302022-07-01falseNo description of principal activity11truetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. 12669473 2022-07-01 2023-06-30 12669473 2021-07-01 2022-06-30 12669473 2023-06-30 12669473 2022-06-30 12669473 c:Director1 2022-07-01 2023-06-30 12669473 d:OfficeEquipment 2022-07-01 2023-06-30 12669473 d:OfficeEquipment 2023-06-30 12669473 d:OfficeEquipment 2022-06-30 12669473 d:OfficeEquipment d:OwnedOrFreeholdAssets 2022-07-01 2023-06-30 12669473 d:CurrentFinancialInstruments 2023-06-30 12669473 d:CurrentFinancialInstruments 2022-06-30 12669473 d:CurrentFinancialInstruments d:WithinOneYear 2023-06-30 12669473 d:CurrentFinancialInstruments d:WithinOneYear 2022-06-30 12669473 d:ShareCapital 2023-06-30 12669473 d:ShareCapital 2022-06-30 12669473 d:RetainedEarningsAccumulatedLosses 2023-06-30 12669473 d:RetainedEarningsAccumulatedLosses 2022-06-30 12669473 c:FRS102 2022-07-01 2023-06-30 12669473 c:AuditExempt-NoAccountantsReport 2022-07-01 2023-06-30 12669473 c:FullAccounts 2022-07-01 2023-06-30 12669473 c:PrivateLimitedCompanyLtd 2022-07-01 2023-06-30 iso4217:GBP xbrli:pure

Registered number: 12669473









BALMORAL ADVISORY SERVICES LIMITED








FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 30 JUNE 2023

 
BALMORAL ADVISORY SERVICES LIMITED
REGISTERED NUMBER: 12669473

BALANCE SHEET
AS AT 30 JUNE 2023

2023
2023
2022
2022
Note
£
£
£
£

Fixed assets
  

Tangible assets
 4 
587
783

  
587
783

Current assets
  

Debtors: amounts falling due within one year
 5 
-
13,224

Cash at bank and in hand
 6 
81,630
36,716

  
81,630
49,940

Creditors: amounts falling due within one year
 7 
(35,829)
(29,825)

Net current assets
  
 
 
45,801
 
 
20,115

Total assets less current liabilities
  
46,388
20,898

  

Net assets
  
46,388
20,898


Capital and reserves
  

Called up share capital 
  
100
100

Profit and loss account
  
46,288
20,798

  
46,388
20,898


Page 1

 
BALMORAL ADVISORY SERVICES LIMITED
REGISTERED NUMBER: 12669473
    
BALANCE SHEET (CONTINUED)
AS AT 30 JUNE 2023

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 the 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: 




................................................
C K Bannister
Director

Date: 14 March 2024

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

Page 2

 
BALMORAL ADVISORY SERVICES LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2023

1.


General information

Balmoral Advisory Services Limited is a private company limited by shares. The Company is incorporated in England & Wales and its registered address is Bricket House 90 Mount Pleasant Lane, Bricket Wood, St. Albans, Hertfordshire, England, AL2 3XD. The registered company number is 12669473.

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

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.

 
2.3

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.

 
2.4

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.

Page 3

 
BALMORAL ADVISORY SERVICES LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2023

2.Accounting policies (continued)


2.4
Tangible fixed assets (continued)

Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, on a reducing balance basis.

Depreciation is provided on the following basis:

Office equipment
-
25%
reducing balance

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.

 
2.5

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.

 
2.6

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.

 
2.7

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.


3.


Employees

The average monthly number of employees, including directors, during the year was 1 (2022 - 1).

Page 4

 
BALMORAL ADVISORY SERVICES LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2023

4.


Tangible fixed assets





Office equipment

£



Cost or valuation


At 1 July 2022
1,356



At 30 June 2023

1,356



Depreciation


At 1 July 2022
573


Charge for the year on owned assets
196



At 30 June 2023

769



Net book value



At 30 June 2023
587



At 30 June 2022
783

Page 5

 
BALMORAL ADVISORY SERVICES LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2023

5.


Debtors

2023
2022
£
£


Trade debtors
-
13,224

-
13,224



6.


Cash and cash equivalents

2023
2022
£
£

Cash at bank and in hand
81,630
36,716

81,630
36,716



7.


Creditors: Amounts falling due within one year

2023
2022
£
£

Corporation tax
24,849
19,043

Other taxation and social security
7,126
8,980

Other creditors
854
302

Accruals and deferred income
3,000
1,500

35,829
29,825



8.


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 £39,000 (2022: £39,000).

 
Page 6