Caseware UK (AP4) 2023.0.135 2023.0.135 2023-12-312023-12-31false2022-07-18ConsultancyThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.3falsetrue 14239649 2022-07-17 14239649 2022-07-18 2023-12-31 14239649 2022-01-01 2022-07-17 14239649 2023-12-31 14239649 c:Director1 2022-07-18 2023-12-31 14239649 d:MotorVehicles 2022-07-18 2023-12-31 14239649 d:MotorVehicles 2023-12-31 14239649 d:MotorVehicles d:OwnedOrFreeholdAssets 2022-07-18 2023-12-31 14239649 d:OfficeEquipment 2022-07-18 2023-12-31 14239649 d:OfficeEquipment 2023-12-31 14239649 d:OfficeEquipment d:OwnedOrFreeholdAssets 2022-07-18 2023-12-31 14239649 d:ComputerEquipment 2022-07-18 2023-12-31 14239649 d:ComputerEquipment 2023-12-31 14239649 d:ComputerEquipment d:OwnedOrFreeholdAssets 2022-07-18 2023-12-31 14239649 d:OwnedOrFreeholdAssets 2022-07-18 2023-12-31 14239649 d:CurrentFinancialInstruments 2023-12-31 14239649 d:CurrentFinancialInstruments d:WithinOneYear 2023-12-31 14239649 d:ShareCapital 2023-12-31 14239649 d:RetainedEarningsAccumulatedLosses 2023-12-31 14239649 c:OrdinaryShareClass1 2022-07-18 2023-12-31 14239649 c:OrdinaryShareClass1 2023-12-31 14239649 c:FRS102 2022-07-18 2023-12-31 14239649 c:AuditExempt-NoAccountantsReport 2022-07-18 2023-12-31 14239649 c:FullAccounts 2022-07-18 2023-12-31 14239649 c:PrivateLimitedCompanyLtd 2022-07-18 2023-12-31 14239649 d:WithinOneYear 2023-12-31 14239649 e:PoundSterling 2022-07-18 2023-12-31 xbrli:shares iso4217:GBP xbrli:pure
Registered number: 14239649














STUART LEACH ASSOCIATES LIMITED
UNAUDITED
FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 DECEMBER 2023

 
STUART LEACH ASSOCIATES LIMITED
REGISTERED NUMBER:14239649

STATEMENT OF FINANCIAL POSITION
AS AT 31 DECEMBER 2023

2023
Note
£

Fixed assets
  

Tangible assets
 4 
89,277

Current assets
  

Debtors: amounts falling due within one year
 5 
254,378

Cash at bank and in hand
  
530,211

  
784,589

Current liabilities
  

Creditors: amounts falling due within one year
 6 
(286,732)

Net current assets
  
 
 
497,857

Total assets less current liabilities
  
587,134

  

Net assets
  
587,134


Capital and reserves
  

Called up share capital 
 7 
1

Profit and loss account
  
587,133

  
587,134


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 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 on 12 April 2024.


S Leach
Director

The notes on pages 2 to 5 form part of these financial statements.
Page 1

 
STUART LEACH ASSOCIATES LIMITED
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 DECEMBER 2023

1.


General information

Stuart Leach Asssociates Limited is a private limited liability company registered in England and Wales. Its registered office address is at 2nd Floor Connaught House 1-3 Mount Street, London, W1K 3NB. The principal place of business is at 81 Chancery Lane, London, WC2A 1DD.
The company was incorporated on 18 July 2022 and commenced trading 1 November 2022.
The principal activity during the period is that of consultancy and management services. 
The company's functional and presentational currency is £ sterling. 

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

Turnover

Turnover comprises revenue recognised by the company in respect of services provided during the year, exclusive of value added tax.
Revenue represents fees receivable for communication, media, and reputation management services which are recognised in the period the services are provided. 

 
2.3

Pensions

The Company contributes to 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.

 
2.4

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 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.

Page 2

 
STUART LEACH ASSOCIATES LIMITED
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 DECEMBER 2023

2.Accounting policies (continued)


2.4
Taxation (continued)

Deferred tax balances are recognised in respect of all timing differences that have originated but not reversed by the reporting 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. Deferred tax is determined using tax rates and laws that have been enacted or substantively enacted by the reporting date.

 
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.

At each reporting date the Company assesses whether there is any indication of impairment. If such indication exists, the recoverable amount of the asset is determined which is the higher of its fair value less costs to sell and its value in use. An impairment loss is recognised where the carrying amount exceeds the recoverable amount.

Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, on the following basis:


Motor vehicles
-
25%
reducing balance
Office equipment
-
33%
straight line
Computer 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 profit or loss.

Page 3

 
STUART LEACH ASSOCIATES LIMITED
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 DECEMBER 2023

2.Accounting policies (continued)

 
2.6

Basic financial instruments

The company enters into transactions that result in basic financial instruments such as trade and other debtors, trade and other creditors, cash and cash equivalents, and loans with related parties. 
Trade debtors, other debtors and loans to related parties are recognised initially at the transaction price less attributable transaction costs. Trade creditors, other creditors and loans from related parties are recognised initially at transaction price plus attributable transaction costs. Subsequently they are measured at amortised cost using the effective interest method, less any impairment losses in the case of trade and other debtors, and loans to related parties. 
Cash at bank and in hand comprise cash balances and call deposits.

 
2.7

Dividends

Equity dividends are recognised when they become legally payable.


3.


Employees

The average monthly number of employees, including directors, during the period was 3.


4.


Tangible fixed assets





Motor vehicles
Office equipment
Computer equipment
Total

£
£
£
£



Cost 


Additions
84,194
824
7,911
92,929



At 31 December 2023

84,194
824
7,911
92,929



Depreciation


Charge for the period on owned assets
1,754
92
1,806
3,652



At 31 December 2023

1,754
92
1,806
3,652



Net book value



At 31 December 2023
82,440
732
6,105
89,277

Page 4

 
STUART LEACH ASSOCIATES LIMITED
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 DECEMBER 2023

5.


Debtors

2023
£


Trade debtors
221,500

Other debtors
18,927

Prepayments and accrued income
13,951

254,378



6.


Creditors: Amounts falling due within one year

2023
£

Trade creditors
9,045

Other taxation and social security
232,862

Other creditors
614

Accruals and deferred income
44,211

286,732



7.


Share capital

2023
£
Authorised, allotted, called up and fully paid


1 Ordinary share of £1
1


On incorporation, the company issued 1 ordinary share of £1 at par. 


8.


Commitments under operating leases

At 31 December 2023 the Company had future minimum lease payments due under non-cancellable operating leases for each of the following periods:

2023
£


Not later than 1 year
63,708

63,708

 
Page 5