Caseware UK (AP4) 2023.0.135 2023.0.135 2023-10-312023-10-31No description of principal activity2truefalseThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.2022-11-01false2false 07043771 2022-11-01 2023-10-31 07043771 2021-11-01 2022-10-31 07043771 2023-10-31 07043771 2022-10-31 07043771 c:Director1 2022-11-01 2023-10-31 07043771 d:OfficeEquipment 2022-11-01 2023-10-31 07043771 d:OfficeEquipment 2023-10-31 07043771 d:OfficeEquipment 2022-10-31 07043771 d:OfficeEquipment d:OwnedOrFreeholdAssets 2022-11-01 2023-10-31 07043771 d:CurrentFinancialInstruments 2023-10-31 07043771 d:CurrentFinancialInstruments 2022-10-31 07043771 d:CurrentFinancialInstruments d:WithinOneYear 2023-10-31 07043771 d:CurrentFinancialInstruments d:WithinOneYear 2022-10-31 07043771 d:ShareCapital 2023-10-31 07043771 d:ShareCapital 2022-10-31 07043771 d:RetainedEarningsAccumulatedLosses 2023-10-31 07043771 d:RetainedEarningsAccumulatedLosses 2022-10-31 07043771 c:FRS102 2022-11-01 2023-10-31 07043771 c:AuditExempt-NoAccountantsReport 2022-11-01 2023-10-31 07043771 c:FullAccounts 2022-11-01 2023-10-31 07043771 c:PrivateLimitedCompanyLtd 2022-11-01 2023-10-31 07043771 2 2022-11-01 2023-10-31 07043771 e:PoundSterling 2022-11-01 2023-10-31 iso4217:GBP xbrli:pure

Registered number: 07043771










HANLON GRIST ASSOCIATES LTD








UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 31 OCTOBER 2023

 
HANLON GRIST ASSOCIATES LTD
REGISTERED NUMBER:07043771

STATEMENT OF FINANCIAL POSITION
AS AT 31 OCTOBER 2023

2023
2022
Note
£
£

Fixed assets
  

Tangible assets
 4 
134
179

  
134
179

  

Creditors: amounts falling due within one year
 5 
(3,095)
(2,591)

Net current liabilities
  
 
 
(3,095)
 
 
(2,591)

Total assets less current liabilities
  
(2,961)
(2,412)

Provisions for liabilities
  

Deferred tax
  
(45)
(45)

  
 
 
(45)
 
 
(45)

Net liabilities
  
(3,006)
(2,457)


Capital and reserves
  

Called up share capital 
  
1,000
1,000

Profit and loss account
  
(4,006)
(3,457)

  
(3,006)
(2,457)


Page 1

 
HANLON GRIST ASSOCIATES LTD
REGISTERED NUMBER:07043771
    
STATEMENT OF FINANCIAL POSITION (CONTINUED)
AS AT 31 OCTOBER 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 income statement 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: 

L J Harnden
Director
Date: 5 April 2024

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

Page 2

 
HANLON GRIST ASSOCIATES LTD
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2023

1.


General information

Hanlon Grist Associates Limited is a private company limited by shares and incorporated in England and Wales, registration number 07043771. The registered office is Faiers House, Gilray Road, Diss, Norfolk, IP22 4WR.

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 financial statements are presented in sterling which is the functioanl currency of the company and rounds to the nearest £.
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.

The following principal accounting policies have been applied:

 
2.2

Going concern

The accounts have been prepared on the basis that there has been no trading activity in the year. The directors continue to support the company and based upon their expectation that there will be no further trading activity in the next 12 months intend to make the company dormant. 

 
2.3

Interest income

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

Page 3

 
HANLON GRIST ASSOCIATES LTD
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2023

2.Accounting policies (continued)

 
2.4

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 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 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 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 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.

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.

Page 4

 
HANLON GRIST ASSOCIATES LTD
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2023

2.Accounting policies (continued)

 
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 2 (2022 - 2).


4.


Tangible fixed assets





Office equipment

£



Cost or valuation


At 1 November 2022
1,187



At 31 October 2023

1,187



Depreciation


At 1 November 2022
1,008


Charge for the year on owned assets
45



At 31 October 2023

1,053



Net book value



At 31 October 2023
134



At 31 October 2022
179

Page 5

 
HANLON GRIST ASSOCIATES LTD
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2023

5.


Creditors: Amounts falling due within one year

2023
2022
£
£

Trade creditors
493
-

Other creditors
2,061
2,061

Accruals and deferred income
541
530

3,095
2,591


 
Page 6