Caseware UK (AP4) 2022.0.179 2022.0.179 2023-07-312023-07-31false2022-08-01No description of principal activity1111truetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. 04778650 2022-08-01 2023-07-31 04778650 2021-08-01 2022-07-31 04778650 2023-07-31 04778650 2022-07-31 04778650 c:Director9 2022-08-01 2023-07-31 04778650 c:Director13 2022-08-01 2023-07-31 04778650 d:FurnitureFittings 2022-08-01 2023-07-31 04778650 d:FurnitureFittings 2023-07-31 04778650 d:FurnitureFittings 2022-07-31 04778650 d:FurnitureFittings d:OwnedOrFreeholdAssets 2022-08-01 2023-07-31 04778650 d:OfficeEquipment 2022-08-01 2023-07-31 04778650 d:OfficeEquipment 2023-07-31 04778650 d:OfficeEquipment 2022-07-31 04778650 d:OfficeEquipment d:OwnedOrFreeholdAssets 2022-08-01 2023-07-31 04778650 d:OwnedOrFreeholdAssets 2022-08-01 2023-07-31 04778650 d:CurrentFinancialInstruments 2023-07-31 04778650 d:CurrentFinancialInstruments 2022-07-31 04778650 d:CurrentFinancialInstruments d:WithinOneYear 2023-07-31 04778650 d:CurrentFinancialInstruments d:WithinOneYear 2022-07-31 04778650 d:OtherMiscellaneousReserve 2022-08-01 2023-07-31 04778650 d:OtherMiscellaneousReserve 2023-07-31 04778650 d:OtherMiscellaneousReserve 2022-07-31 04778650 d:RetainedEarningsAccumulatedLosses 2023-07-31 04778650 d:RetainedEarningsAccumulatedLosses 2022-07-31 04778650 d:AcceleratedTaxDepreciationDeferredTax 2023-07-31 04778650 d:AcceleratedTaxDepreciationDeferredTax 2022-07-31 04778650 c:FRS102 2022-08-01 2023-07-31 04778650 c:AuditExempt-NoAccountantsReport 2022-08-01 2023-07-31 04778650 c:FullAccounts 2022-08-01 2023-07-31 04778650 c:CompanyLimitedByGuarantee 2022-08-01 2023-07-31 iso4217:GBP xbrli:pure
Company registration number: 04778650







UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED
31 JULY 2023


AMOSSHE, THE STUDENT SERVICES ORGANISATION LIMITED
(A Company Limited by Guarantee)



































 
img08e0.png                        
 

 


AMOSSHE, THE STUDENT SERVICES ORGANISATION LIMITED
  
(A Company Limited by Guarantee)
REGISTERED NUMBER:04778650



BALANCE SHEET
AS AT 31 JULY 2023

2023
2022
Note
£
£

Fixed assets
  

Tangible assets
 4 
7,667
7,020

  
7,667
7,020

Current assets
  

Debtors: amounts falling due within one year
 5 
141,899
99,806

Cash at bank and in hand
 6 
351,328
325,924

  
493,227
425,730

Creditors: amounts falling due within one year
 7 
(209,499)
(131,669)

Net current assets
  
 
 
283,728
 
 
294,061

Total assets less current liabilities
  
291,395
301,081

Provisions for liabilities
  

Deferred tax
 9 
-
(1,158)

Net assets
  
 
 
291,395
 
 
299,923


Capital and reserves
  

Other reserves
 10 
69,360
69,360

Profit and loss account
 10 
222,035
230,563

  
291,395
299,923


Page 1

 


AMOSSHE, THE STUDENT SERVICES ORGANISATION LIMITED
  
(A Company Limited by Guarantee)
REGISTERED NUMBER:04778650


    
BALANCE SHEET (CONTINUED)
AS AT 31 JULY 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 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 comprehensive income 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: 




J Stevenson
E J Bales
Director
Director


Date: 8 March 2024

Page 2

 


AMOSSHE, THE STUDENT SERVICES ORGANISATION LIMITED
 
(A Company Limited by Guarantee)
 


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

1.


General information

AMOSSHE, The Student Services Organisation Ltd is a Company limited by guarantee registered in England Wales. The Company registration number is 04778650. The registered office is Woburn House, 20-24 Tavistock Square, London, WC1H 9HQ.
The financial statements are presented in pound sterling which is the functional currency of the Company and rounded to the nearest pound.
The significant accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all years presented unless otherwise stated.

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

After making appropriate enquiries, the Directors have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. For this reason they continue to adopt the going concern basis when preparing the financial statements.

 
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

 


AMOSSHE, THE STUDENT SERVICES ORGANISATION LIMITED
 
(A Company Limited by Guarantee)
 


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

2.Accounting policies (continued)

 
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 Balance Sheet. The assets of the plan are held separately from the Company in independently administered funds.

 
2.5

Current and deferred taxation

The tax expense for the year comprises current and deferred tax. 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 income 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.

Deferred tax balances are recognised in respect of all timing differences that have originated but not reversed by the balance sheet 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.

Deferred tax balances are not recognised in respect of permanent differences except in respect of business combinations, when deferred tax is recognised on the differences between the fair values of assets acquired and the future tax deductions available for them and the differences between the fair values of liabilities acquired and the amount that will be assessed for tax. Deferred tax is determined using tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

 
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.

Page 4

 


AMOSSHE, THE STUDENT SERVICES ORGANISATION LIMITED
 
(A Company Limited by Guarantee)
 


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

2.Accounting policies (continued)


2.6
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:

Fixtures and fittings
-
25%
reducing balance basis
Office equipment
-
33%
reducing balance basis

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.


3.


Employees

The average monthly number of employees, including directors, during the year was 11 (2022 -11).

Page 5

 


AMOSSHE, THE STUDENT SERVICES ORGANISATION LIMITED
 
(A Company Limited by Guarantee)
 


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

4.


Tangible fixed assets





Fixtures and fittings
Office equipment
Total

£
£
£



Cost or valuation


At 1 August 2022
2,109
23,760
25,869


Additions
171
3,210
3,381



At 31 July 2023

2,280
26,970
29,250



Depreciation


At 1 August 2022
1,565
17,284
18,849


Charge for the year on owned assets
172
2,562
2,734



At 31 July 2023

1,737
19,846
21,583



Net book value



At 31 July 2023
543
7,124
7,667



At 31 July 2022
544
6,476
7,020


5.


Debtors

2023
2022
£
£


Trade debtors
137,134
94,465

Prepayments and accrued income
4,765
5,341

141,899
99,806



6.


Cash and cash equivalents

2023
2022
£
£

Cash at bank and in hand
351,328
325,924

351,328
325,924


Page 6

 


AMOSSHE, THE STUDENT SERVICES ORGANISATION LIMITED
 
(A Company Limited by Guarantee)
 


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

7.


Creditors: Amounts falling due within one year

2023
2022
£
£

Trade creditors
6,884
19,079

Corporation tax
-
13,537

Other taxation and social security
14,589
8,209

Other creditors
2,984
2,581

Accruals and deferred income
185,042
88,263

209,499
131,669



8.


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.


9.


Deferred taxation




2023


£






At beginning of year
(1,158)


Charged to profit or loss
1,158



At end of year
-

The deferred taxation balance is made up as follows:

2023
2022
£
£


Accelerated capital allowances
-
(1,158)

-
(1,158)


10.


Reserves

Other reserves

The Company has other reserves which relate to pre-incorporation reserves.

Page 7

 


AMOSSHE, THE STUDENT SERVICES ORGANISATION LIMITED
 
(A Company Limited by Guarantee)
 


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

11.


Pension commitments

The Company operates a defined contributions pension scheme. The assets of the scheme are help 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 £7,168 (2022 - £4,662). Contributions totaling £2,742 (2022 - £2,339) were payable to the fund at the balance sheet date and are included in creditors.

 
Page 8