Caseware UK (AP4) 2022.0.179 2022.0.179 2023-04-302023-04-302022-05-01falseNo description of principal activity6The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.6truetrue 9559684 2022-05-01 2023-04-30 9559684 2021-05-01 2022-04-30 9559684 2023-04-30 9559684 2022-04-30 9559684 c:Director1 2022-05-01 2023-04-30 9559684 c:Director2 2022-05-01 2023-04-30 9559684 c:Director3 2022-05-01 2023-04-30 9559684 c:Director4 2022-05-01 2023-04-30 9559684 c:RegisteredOffice 2022-05-01 2023-04-30 9559684 d:Buildings d:LongLeaseholdAssets 2022-05-01 2023-04-30 9559684 d:Buildings d:LongLeaseholdAssets 2023-04-30 9559684 d:Buildings d:LongLeaseholdAssets 2022-04-30 9559684 d:FurnitureFittings 2022-05-01 2023-04-30 9559684 d:FurnitureFittings 2023-04-30 9559684 d:FurnitureFittings 2022-04-30 9559684 d:FurnitureFittings d:OwnedOrFreeholdAssets 2022-05-01 2023-04-30 9559684 d:ComputerEquipment 2022-05-01 2023-04-30 9559684 d:ComputerEquipment 2023-04-30 9559684 d:ComputerEquipment 2022-04-30 9559684 d:ComputerEquipment d:OwnedOrFreeholdAssets 2022-05-01 2023-04-30 9559684 d:OwnedOrFreeholdAssets 2022-05-01 2023-04-30 9559684 d:CurrentFinancialInstruments 2023-04-30 9559684 d:CurrentFinancialInstruments 2022-04-30 9559684 d:Non-currentFinancialInstruments 2023-04-30 9559684 d:Non-currentFinancialInstruments 2022-04-30 9559684 d:CurrentFinancialInstruments d:WithinOneYear 2023-04-30 9559684 d:CurrentFinancialInstruments d:WithinOneYear 2022-04-30 9559684 d:Non-currentFinancialInstruments d:AfterOneYear 2023-04-30 9559684 d:Non-currentFinancialInstruments d:AfterOneYear 2022-04-30 9559684 d:ShareCapital 2023-04-30 9559684 d:ShareCapital 2022-04-30 9559684 d:RetainedEarningsAccumulatedLosses 2023-04-30 9559684 d:RetainedEarningsAccumulatedLosses 2022-04-30 9559684 c:FRS102 2022-05-01 2023-04-30 9559684 c:AuditExempt-NoAccountantsReport 2022-05-01 2023-04-30 9559684 c:FullAccounts 2022-05-01 2023-04-30 9559684 c:PrivateLimitedCompanyLtd 2022-05-01 2023-04-30 iso4217:GBP xbrli:pure
Company registration number: 9559684







UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED
30 APRIL 2023


PROCURATIO SERVICES LIMITED






































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PROCURATIO SERVICES LIMITED
 


 
COMPANY INFORMATION


Directors
D H McIlroy 
P J O'Doherty 
L W Maynard 
P S Currie 




Registered number
9559684



Registered office
1 Quality Court
Chancery Lane

London

WC24 1HR




Accountants
Menzies LLP
Chartered Accountants

Lynton House

7-12 Tavistock Square

London

WC1H 9LT





 


PROCURATIO SERVICES LIMITED
REGISTERED NUMBER:9559684



STATEMENT OF FINANCIAL POSITION
AS AT 30 APRIL 2023

2023
2022
Note
£
£

Fixed assets
  

Tangible assets
 4 
492
839

  
492
839

Current assets
  

Debtors: amounts falling due within one year
 5 
146,505
79,395

Cash at bank and in hand
  
113,902
248,135

  
260,407
327,530

Creditors: amounts falling due within one year
 6 
(121,353)
(208,892)

Net current assets
  
 
 
139,054
 
 
118,638

Total assets less current liabilities
  
139,546
119,477

Creditors: amounts falling due after more than one year
 7 
(22,435)
(32,388)

  

Net assets
  
117,111
87,089


Capital and reserves
  

Called up share capital 
  
2
2

Profit and loss account
  
117,109
87,087

  
117,111
87,089


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 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: 

P J O'Doherty
Director

Date: 29 January 2024

The notes on pages 3 to 6 form part of these financial statements.
Page 1

 


PROCURATIO SERVICES LIMITED
REGISTERED NUMBER:9559684


    
STATEMENT OF FINANCIAL POSITION (CONTINUED)
AS AT 30 APRIL 2023


Page 2

 


PROCURATIO SERVICES LIMITED
 


 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2023

1.


General information

Procuratio Services is a private company, limited by shares, registered in England and Wales, company registration number 09559684. The registered office is disclosed on the company information page and the company does not have a trading address.

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

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 generated through the provision of chamber services and is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

  
2.3

Government grants

Grants are accounted under the accruals model as permitted by FRS 102.

 
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 Statement of financial position. The assets of the plan are held separately from the Company in independently administered funds.

Page 3

 


PROCURATIO SERVICES LIMITED
 


 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2023

2.Accounting policies (continued)

 
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, using the straight-line method.

Depreciation is provided on the following basis:

Long-term leasehold property
-
Over the life of lease
Fixtures and fittings
-
20% straight line
Computer equipment
-
3 years 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.

 
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.


3.


Employees

The average monthly number of employees, including directors, during the year was 6 (2022 - 6).

Page 4

 


PROCURATIO SERVICES LIMITED
 


 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2023

4.


Tangible fixed assets





Long-term leasehold property
Fixtures and fittings
Computer equipment
Total

£
£
£
£



Cost or valuation


At 1 May 2022
13,580
3,642
6,308
23,530



At 30 April 2023

13,580
3,642
6,308
23,530



Depreciation


At 1 May 2022
13,580
3,642
5,469
22,691


Charge for the year on owned assets
-
-
347
347



At 30 April 2023

13,580
3,642
5,816
23,038



Net book value



At 30 April 2023
-
-
492
492



At 30 April 2022
-
-
839
839


5.


Debtors

2023
2022
£
£


Other debtors
44,261
13,670

Prepayments and accrued income
102,244
65,725

146,505
79,395



6.


Creditors: Amounts falling due within one year

2023
2022
£
£

Bank loans
9,952
9,706

Trade creditors
3,675
-

Corporation tax
7,374
51,720

Other taxation and social security
13,276
18,887

Other creditors
29,581
79,581

Accruals and deferred income
57,495
48,998

121,353
208,892


Page 5

 


PROCURATIO SERVICES LIMITED
 


 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2023

7.


Creditors: Amounts falling due after more than one year

2023
2022
£
£

Bank loans
22,435
32,388

22,435
32,388



8.


Related party transactions

As at 30 April 2023, within other creditors there is a balance owed to the directors of £17,311 (2022 - £67,311)
by the company. Interest arising on the balance in the period was £5,589 (2022 - £7,936).

 
Page 6