Caseware UK (AP4) 2022.0.179 2022.0.179 2023-03-312023-03-31false2022-04-01No description of principal activityThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.true22true 05081614 2022-04-01 2023-03-31 05081614 2021-04-01 2022-03-31 05081614 2023-03-31 05081614 2022-03-31 05081614 c:Director1 2022-04-01 2023-03-31 05081614 d:OfficeEquipment 2022-04-01 2023-03-31 05081614 d:OfficeEquipment 2023-03-31 05081614 d:OfficeEquipment 2022-03-31 05081614 d:OfficeEquipment d:OwnedOrFreeholdAssets 2022-04-01 2023-03-31 05081614 d:Goodwill 2023-03-31 05081614 d:Goodwill 2022-03-31 05081614 d:CurrentFinancialInstruments 2023-03-31 05081614 d:CurrentFinancialInstruments 2022-03-31 05081614 d:CurrentFinancialInstruments d:WithinOneYear 2023-03-31 05081614 d:CurrentFinancialInstruments d:WithinOneYear 2022-03-31 05081614 d:ShareCapital 2023-03-31 05081614 d:ShareCapital 2022-03-31 05081614 d:RetainedEarningsAccumulatedLosses 2023-03-31 05081614 d:RetainedEarningsAccumulatedLosses 2022-03-31 05081614 c:FRS102 2022-04-01 2023-03-31 05081614 c:AuditExempt-NoAccountantsReport 2022-04-01 2023-03-31 05081614 c:FullAccounts 2022-04-01 2023-03-31 05081614 c:PrivateLimitedCompanyLtd 2022-04-01 2023-03-31 iso4217:GBP xbrli:pure

Registered number: 05081614










DERBYSHIRE DALES BUSINESS SERVICES LIMITED








UNAUDITED

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2023

 
DERBYSHIRE DALES BUSINESS SERVICES LIMITED
REGISTERED NUMBER: 05081614

BALANCE SHEET
AS AT 31 MARCH 2023

2023
2022
Note
£
£

Fixed assets
  

Tangible assets
 5 
410
755

Current assets
  

Debtors: amounts falling due within one year
 6 
-
275

Cash at bank and in hand
  
12,958
30,298

  
12,958
30,573

Creditors: amounts falling due within one year
 7 
(1,211)
(8,884)

Net current assets
  
 
 
11,747
 
 
21,689

  

Net assets
  
12,157
22,444


Capital and reserves
  

Called up share capital 
  
10
10

Profit and loss account
  
12,147
22,434

  
12,157
22,444


Page 1

 
DERBYSHIRE DALES BUSINESS SERVICES LIMITED
REGISTERED NUMBER: 05081614
    
BALANCE SHEET (CONTINUED)
AS AT 31 MARCH 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 on 29 November 2023.




D P Heath
Director

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

Page 2

 
DERBYSHIRE DALES BUSINESS SERVICES LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2023

1.


General information

Derbyshire Dales Business Services Limited is a private company limited by shares, incorporated in England and Wales (registered number: 05081614). Its registered office is Garvagh Hallmoor Road, Darley Dale, Matlock, England, DE4 2HF. The principal activity of the Company throughout the year continued to be that that of the provision of bookkeeping services.

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 Company's functional and presentation currency is pounds sterling.

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.

Page 3

 
DERBYSHIRE DALES BUSINESS SERVICES LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2023

2.Accounting policies (continued)

 
2.4

Intangible assets

Goodwill represents the difference between amounts paid on the cost of a business combination and the acquirer’s interest in the fair value of its identifiable assets and liabilities of the acquiree at the date of acquisition. Subsequent to initial recognition, goodwill is measured at cost less accumulated amortisation and accumulated impairment losses. Goodwill is amortised on a straight line basis to the Statement of Income and Retained Earnings over its useful economic life.

 
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, as follows.

The depreciation rates used are:

Office equipment
-
15%
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.

 
2.6

Financial instruments

The Company only enters into basic financial instrument transactions that result in the recognition of financial assets and liabilities like trade and other debtors and creditors, loans from banks and other third parties, loans to related parties and investments in ordinary shares.

Debt instruments (other than those wholly repayable or receivable within one year), including loans and other accounts receivable and payable, are initially measured at present value of the future cash flows and subsequently at amortised cost using the effective interest method. Debt instruments that are payable or receivable within one year, typically trade debtors and creditors, are measured, initially and subsequently, at the undiscounted amount of the cash or other consideration expected to be paid or received. However, if the arrangements of a short-term instrument constitute a financing transaction, like the payment of a trade debt deferred beyond normal business terms or in case of an out-right short-term loan that is not at market rate, the financial asset or liability is measured, initially at the present value of future cash flows discounted at a market rate of interest for a similar debt instrument and subsequently at amortised cost, unless it qualifies as a loan from a director in the case of a small company, or a public benefit entity concessionary loan.

Financial assets and liabilities are offset and the net amount reported in the Balance sheet when there is an enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

Page 4

 
DERBYSHIRE DALES BUSINESS SERVICES LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2023

2.Accounting policies (continued)

 
2.7

Taxation

Tax is recognised in the Statement of Income and Retained Earnings.
The current 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.


3.


Employees

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


4.


Intangible assets




Goodwill

£



Cost


At 1 April 2022
18,000



At 31 March 2023

18,000



Amortisation


At 1 April 2022
18,000



At 31 March 2023

18,000



Net book value



At 31 March 2023
-



At 31 March 2022
-



Page 5

 
DERBYSHIRE DALES BUSINESS SERVICES LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2023

5.


Tangible fixed assets





Office equipment

£



Cost or valuation


At 1 April 2022
2,410



At 31 March 2023

2,410



Depreciation


At 1 April 2022
1,655


Charge for the year on owned assets
345



At 31 March 2023

2,000



Net book value



At 31 March 2023
410



At 31 March 2022
755


6.


Debtors

2023
2022
£
£


Prepayments and accrued income
-
275

-
275



7.


Creditors: Amounts falling due within one year

2023
2022
£
£

Corporation tax
13
2,471

Other creditors
1,198
6,413

1,211
8,884


 
Page 6