Caseware UK (AP4) 2023.0.135 2023.0.135 2023-05-312023-05-31false0falseConsultancyThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.12022-05-18true 14114403 2022-05-17 14114403 2022-05-18 2023-05-31 14114403 2021-05-18 2022-05-17 14114403 2023-05-31 14114403 c:Director1 2022-05-18 2023-05-31 14114403 d:OfficeEquipment 2022-05-18 2023-05-31 14114403 d:OfficeEquipment 2023-05-31 14114403 d:OfficeEquipment d:OwnedOrFreeholdAssets 2022-05-18 2023-05-31 14114403 d:CurrentFinancialInstruments 2023-05-31 14114403 d:CurrentFinancialInstruments d:WithinOneYear 2023-05-31 14114403 d:ShareCapital 2022-05-18 2023-05-31 14114403 d:ShareCapital 2023-05-31 14114403 d:RetainedEarningsAccumulatedLosses 2022-05-18 2023-05-31 14114403 d:RetainedEarningsAccumulatedLosses 2023-05-31 14114403 c:FRS102 2022-05-18 2023-05-31 14114403 c:AuditExempt-NoAccountantsReport 2022-05-18 2023-05-31 14114403 c:FullAccounts 2022-05-18 2023-05-31 14114403 c:PrivateLimitedCompanyLtd 2022-05-18 2023-05-31 14114403 e:PoundSterling 2022-05-18 2023-05-31 iso4217:GBP xbrli:pure

Registered number: 14114403









BD CONSULTING INTERNATIONAL LIMITED







UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE PERIOD ENDED 31 MAY 2023

 
BD CONSULTING INTERNATIONAL LIMITED
REGISTERED NUMBER: 14114403

BALANCE SHEET
AS AT 31 MAY 2023

2023
Note
£

Fixed assets
  

Tangible assets
 4 
1,615

  
1,615

Current assets
  

Cash at bank and in hand
 5 
83,548

  
83,548

Creditors: amounts falling due within one year
 6 
(59,301)

Net current assets
  
 
 
24,247

Total assets less current liabilities
  
25,862

  

Net assets
  
25,862


Capital and reserves
  

Called up share capital 
  
10

Profit and loss account
  
25,852

  
25,862


Page 1

 
BD CONSULTING INTERNATIONAL LIMITED
REGISTERED NUMBER: 14114403
    
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 Company's financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

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 13 February 2024.




William Henderson-Deeves
Director

The notes on pages 4 to 8 form part of these financial statements.

Page 2

 
BD CONSULTING INTERNATIONAL LIMITED
 

STATEMENT OF CHANGES IN EQUITY
FOR THE PERIOD ENDED 31 MAY 2023


Called up share capital
Profit and loss account
Total equity

£
£
£


Comprehensive income for the period

Profit for the period

-
138,852
138,852


Other comprehensive income for the period
-
-
-


Total comprehensive income for the period
-
138,852
138,852


Contributions by and distributions to owners

Dividends: Equity capital
-
(113,000)
(113,000)

Shares issued during the period
10
-
10


Total transactions with owners
10
(113,000)
(112,990)


At 31 May 2023
10
25,852
25,862

The notes on pages 4 to 8 form part of these financial statements.

Page 3

 
BD CONSULTING INTERNATIONAL LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 MAY 2023

1.


General information

BD Consulting International Limited is a private company limited by shares and incorporated in England.
The company's registered office is 3 Branksome Close, Camberley, Surrey GU15 2AH. 
These financial statements are prepared in £ Sterling which is the functional currency of the company.

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 Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006.

The preparation of financial statements in compliance with FRS 102 requires the use of certain critical accounting estimates. It also requires management to exercise judgment in applying the Company's accounting policies.

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

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 4

 
BD CONSULTING INTERNATIONAL LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 MAY 2023

2.Accounting policies (continued)

 
2.4

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:

Office equipment
-
25%

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.

 
2.5

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.

 
2.6

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.

Page 5

 
BD CONSULTING INTERNATIONAL LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 MAY 2023

2.Accounting policies (continued)

 
2.7

Financial instruments

The Company has elected to apply the provisions of Section 11 “Basic Financial Instruments” of FRS 102 to all of its financial instruments.

The Company has elected to apply the recognition and measurement provisions of IFRS 9 Financial Instruments (as adopted by the UK Endorsement Board) with the disclosure requirements of Sections 11 and 12 and the other presentation requirements of FRS 102.

Financial instruments are recognised in the Company's Balance sheet when the Company becomes party to the contractual provisions of the instrument.

Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally 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.

Basic financial assets

Basic financial assets, which include trade and other receivables, cash and bank balances, are initially measured at their transaction price including transaction costs and are subsequently carried at their amortised cost using the effective interest method, less any provision for impairment, unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest.

Discounting is omitted where the effect of discounting is immaterial. The Company's cash and cash equivalents, trade and most other receivables due with the operating cycle fall into this category of financial instruments.

Financial liabilities

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instruments any contract that evidences a residual interest in the assets of the Company after the deduction of all its liabilities.

Basic financial liabilities, which include trade and other payables, bank loans and other loans are initially measured at their transaction price after transaction costs. When this constitutes a financing transaction, whereby the debt instrument is measured at the present value of the future receipts discounted at a market rate of interest. Discounting is omitted where the effect of discounting is immaterial.

Debt instruments are subsequently carried at their amortised cost using the effective interest rate method.

Trade payables are obligations to pay for goods and services that have been acquired in the ordinary course of business from suppliers. Trade payables are classified as current liabilities if the payment is due within one year. If not, they represent non-current liabilities. Trade payables are initially recognised at their transaction price and subsequently are measured at amortised cost using the effective interest method. Discounting is omitted where the effect of discounting is immaterial.

Page 6

 
BD CONSULTING INTERNATIONAL LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 MAY 2023

2.Accounting policies (continued)

 
2.8

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 the director, during the period was as follows:


        2023
            No.






1


4.


Tangible fixed assets





Office equipment

£



Cost or valuation


Additions
2,153



At 31 May 2023

2,153



Depreciation


Charge for the period on owned assets
538



At 31 May 2023

538



Net book value



At 31 May 2023
1,615

Page 7

 
BD CONSULTING INTERNATIONAL LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 MAY 2023

5.


Cash and cash equivalents

2023
£

Cash at bank and in hand
83,548

83,548



6.


Creditors: Amounts falling due within one year

2023
£

Trade creditors
881

Corporation tax
34,147

Other taxation and social security
24,116

Other creditors
157

59,301


 
Page 8