Caseware UK (AP4) 2022.0.179 2022.0.179 2023-05-312023-05-312022-05-16falseNo description of principal activity1falsetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. 14108231 2022-05-15 14108231 2022-05-16 2023-05-31 14108231 2021-05-16 2022-05-15 14108231 2023-05-31 14108231 c:Director1 2022-05-16 2023-05-31 14108231 d:FurnitureFittings 2022-05-16 2023-05-31 14108231 d:FurnitureFittings 2023-05-31 14108231 d:FurnitureFittings d:OwnedOrFreeholdAssets 2022-05-16 2023-05-31 14108231 d:CurrentFinancialInstruments 2023-05-31 14108231 d:CurrentFinancialInstruments d:WithinOneYear 2023-05-31 14108231 d:ShareCapital 2023-05-31 14108231 d:RetainedEarningsAccumulatedLosses 2023-05-31 14108231 c:OrdinaryShareClass1 2022-05-16 2023-05-31 14108231 c:OrdinaryShareClass1 2023-05-31 14108231 c:FRS102 2022-05-16 2023-05-31 14108231 c:AuditExempt-NoAccountantsReport 2022-05-16 2023-05-31 14108231 c:FullAccounts 2022-05-16 2023-05-31 14108231 c:PrivateLimitedCompanyLtd 2022-05-16 2023-05-31 14108231 6 2022-05-16 2023-05-31 xbrli:shares iso4217:GBP xbrli:pure

Registered number: 14108231









CORE CARBON SERVICES LTD







UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE PERIOD ENDED 31 MAY 2023

 
CORE CARBON SERVICES LTD
REGISTERED NUMBER: 14108231

BALANCE SHEET
AS AT 31 MAY 2023

2023
Note
£

Fixed assets
  

Tangible assets
 4 
1,132

Investments
 5 
1

  
1,133

Current assets
  

Cash at bank and in hand
 6 
33,910

  
33,910

Creditors: amounts falling due within one year
 7 
(28,608)

Net current assets
  
 
 
5,302

Total assets less current liabilities
  
6,435

  

Net assets
  
6,435


Capital and reserves
  

Called up share capital 
 8 
100

Profit and loss account
  
6,335

  
6,435


Page 1

 
CORE CARBON SERVICES LTD
REGISTERED NUMBER: 14108231
    
BALANCE SHEET (CONTINUED)
AS AT 31 MAY 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 period 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 by: 




................................................
T Macallan
Director

Date: 31 January 2024

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

Page 2

 
CORE CARBON SERVICES LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 MAY 2023

1.


General information

Core Carbon Services Ltd is a private company limited by shares, incorporated in England and Wales. The registered office is Aston House, Cornwall Avenue, London, N3 1LF.

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

Whilst the company is in a net liabilities position, it retains the support of its shareholders and as such the director considers it appropriate to prepare the accounts on a going concern basis.

 
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.

 
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 balance sheet date in the countries where the Company operates and generates income.

Page 3

 
CORE CARBON SERVICES LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 MAY 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:

Fixtures and fittings
-
25%
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

Valuation of investments

Investments in unlisted Company shares, whose market value can be reliably determined, are remeasured to market value at each balance sheet date. Gains and losses on remeasurement are recognised in the Statement of income and retained earnings for the period. Where market value cannot be reliably determined, such investments are stated at historic cost less impairment.

 
2.7

Associates and joint ventures

Associates and Joint Ventures are held at cost less 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.

 
2.10

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.

Page 4

 
CORE CARBON SERVICES LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 MAY 2023

2.Accounting policies (continued)

 
2.11

Dividends

Equity dividends are recognised when they become legally payable. Interim equity dividends are recognised when paid. Final equity dividends are recognised when approved by the shareholders at an annual general meeting.


3.


Employees

The average monthly number of employees, including directors, during the period was 1.


4.


Tangible fixed assets





Fixtures and fittings

£



Cost or valuation


Additions
1,294



At 31 May 2023

1,294



Depreciation


Charge for the period on owned assets
162



At 31 May 2023

162



Net book value



At 31 May 2023
1,132


5.


Fixed asset investments





Investments in associates

£



Cost or valuation


Additions
1



At 31 May 2023
1




Page 5

 
CORE CARBON SERVICES LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 MAY 2023

6.


Cash and cash equivalents

2023
£

Cash at bank and in hand
33,910



7.


Creditors: Amounts falling due within one year

2023
£

Amounts owed to joint ventures
5,822

Corporation tax
2,961

Other creditors
18,625

Accruals and deferred income
1,200

28,608



8.


Share capital

2023
£
Allotted, called up and fully paid


100 Ordinary shares of £1.00 each
100


During the period under review, 100 £1 Ordinary shares were issued at par to form the capital base of the company.

 
Page 6