Caseware UK (AP4) 2022.0.179 2022.0.179 2023-09-302023-09-30falsetrue2true2022-04-01false2The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. 03189643 2022-04-01 2023-09-30 03189643 2021-04-01 2022-03-31 03189643 2023-09-30 03189643 2022-03-31 03189643 c:Director1 2022-04-01 2023-09-30 03189643 d:OfficeEquipment 2022-04-01 2023-09-30 03189643 d:OtherPropertyPlantEquipment 2023-09-30 03189643 d:OtherPropertyPlantEquipment 2022-03-31 03189643 d:OtherPropertyPlantEquipment d:OwnedOrFreeholdAssets 2022-04-01 2023-09-30 03189643 d:CurrentFinancialInstruments 2023-09-30 03189643 d:CurrentFinancialInstruments 2022-03-31 03189643 d:CurrentFinancialInstruments d:WithinOneYear 2023-09-30 03189643 d:CurrentFinancialInstruments d:WithinOneYear 2022-03-31 03189643 d:ShareCapital 2023-09-30 03189643 d:ShareCapital 2022-03-31 03189643 d:RetainedEarningsAccumulatedLosses 2023-09-30 03189643 d:RetainedEarningsAccumulatedLosses 2022-03-31 03189643 c:OrdinaryShareClass1 2022-04-01 2023-09-30 03189643 c:OrdinaryShareClass1 2023-09-30 03189643 c:OrdinaryShareClass1 2022-03-31 03189643 c:FRS102 2022-04-01 2023-09-30 03189643 c:AuditExempt-NoAccountantsReport 2022-04-01 2023-09-30 03189643 c:FullAccounts 2022-04-01 2023-09-30 03189643 c:PrivateLimitedCompanyLtd 2022-04-01 2023-09-30 03189643 2 2022-04-01 2023-09-30 03189643 e:PoundSterling 2022-04-01 2023-09-30 xbrli:shares iso4217:GBP xbrli:pure
Registered number: 03189643









BRETT WARD LIMITED

UNAUDITED

FINANCIAL STATEMENTS
INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE PERIOD ENDED 30 SEPTEMBER 2023

 
BRETT WARD LIMITED
REGISTERED NUMBER: 03189643

BALANCE SHEET
AS AT 30 SEPTEMBER 2023

30 September
31 March
2023
2022
Note
£
£

Fixed assets
  

Tangible assets
 4 
49
78

Current assets
  

Debtors: amounts falling due within one year
 5 
-
10

Cash at bank
  
8,834
9,854

Current Liabilities
  
8,834
9,864

Creditors: amounts falling due within one year
 6 
(849)
(770)

Net current assets
  
 
 
7,985
 
 
9,094

  

Net assets
  
8,034
9,172


Capital and reserves
  

Called up share capital 
 7 
100
100

Profit and loss account
  
7,934
9,072

  
8,034
9,172


Page 1

 
BRETT WARD LIMITED
REGISTERED NUMBER: 03189643

BALANCE SHEET (CONTINUED)
AS AT 30 SEPTEMBER 2023

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 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 T D Ward
Director

Date: 29 March 2024

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

Page 2

 
BRETT WARD LIMITED
 

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

1.


GENERAL INFORMATION

Brett Ward Limited is a private Company limited by shares, incorporated in England and Wales within the United Kingdom. The address of the registered office is 12 Harding Way, Cambridge, CB4 3RR. The Company is not part of a group. 

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 FRS 102 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland' and the requirements of the Companies Act 2006. The disclosure requirements of Section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The preparation of financial statements in compliance with FRS 102 requires the use of certain critical accounting estimates. It also requires management to exercise judgment in applying the Company's accounting policies.

The following principal accounting policies have been applied:

 
2.2

Basis other than going concern

The Company ceased trading on 30 September 2023 and the Company will be struck off after the period end. All costs relating to the trading period are included in these financial statements. As a result, the financial statements have been prepared on a basis other than going concern. This basis includes, where applicable, writing the Company's assets down to net realisable value. No provision has been made for the future costs of terminating the business unless such costs were committed at the reporting date.

 
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.
Page 3

 
BRETT WARD LIMITED
 

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

2.ACCOUNTING POLICIES (CONTINUED)

 
2.4

INTEREST INCOME

Interest income is recognised in profit or loss using the effective interest method.

 
2.5

TAXATION

Tax is recognised in profit or loss 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 corporation tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the balance sheet date in the countries where the Company operates and generates income.

 
2.6

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, 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.

 
2.7

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.

 
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.

Page 4

 
BRETT WARD LIMITED
 

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

2.ACCOUNTING POLICIES (CONTINUED)

 
2.10

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 Balance Sheet when the Company becomes party to the contractual provisions of the instrument.

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

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.


3.


EMPLOYEES

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

Page 5

 
BRETT WARD LIMITED
 

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

4.


TANGIBLE FIXED ASSETS







Other fixed assets

£



Cost


At 1 April 2022
10,911



At 30 September 2023

10,911



Depreciation


At 1 April 2022
10,833


Charge for the period on owned assets
29



At 30 September 2023

10,862



Net book value



At 30 September 2023
49



At 31 March 2022
78

Page 6

 
BRETT WARD LIMITED
 

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

5.


DEBTORS

30 September
31 March
2023
2022
£
£


Other debtors
-
10



6.


CREDITORS: Amounts falling due within one year

30 September
31 March
2023
2022
£
£

Accruals
849
770



7.


SHARE CAPITAL

30 September
31 March
2023
2022
£
£
Allotted, called up and fully paid



100 (2022 - 100) Ordinary shares of £1.00 each
100
100



Page 7