Caseware UK (AP4) 2022.0.179 2022.0.179 2023-06-302023-06-302No description of principal activityfalseThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.true2022-07-012true 08103111 2022-07-01 2023-06-30 08103111 2021-07-01 2022-06-30 08103111 2023-06-30 08103111 2022-06-30 08103111 c:Director1 2022-07-01 2023-06-30 08103111 d:Goodwill 2023-06-30 08103111 d:Goodwill 2022-06-30 08103111 d:CurrentFinancialInstruments 2023-06-30 08103111 d:CurrentFinancialInstruments 2022-06-30 08103111 d:CurrentFinancialInstruments d:WithinOneYear 2023-06-30 08103111 d:CurrentFinancialInstruments d:WithinOneYear 2022-06-30 08103111 d:ShareCapital 2023-06-30 08103111 d:ShareCapital 2022-06-30 08103111 d:RetainedEarningsAccumulatedLosses 2023-06-30 08103111 d:RetainedEarningsAccumulatedLosses 2022-06-30 08103111 c:FRS102 2022-07-01 2023-06-30 08103111 c:AuditExempt-NoAccountantsReport 2022-07-01 2023-06-30 08103111 c:FullAccounts 2022-07-01 2023-06-30 08103111 c:PrivateLimitedCompanyLtd 2022-07-01 2023-06-30 08103111 d:Goodwill d:OwnedIntangibleAssets 2022-07-01 2023-06-30 iso4217:GBP xbrli:pure

Registered number: 08103111









HANDLES FOR FORKS LIMITED







UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 30 JUNE 2023

 
HANDLES FOR FORKS LIMITED
REGISTERED NUMBER: 08103111

STATEMENT OF FINANCIAL POSITION
AS AT 30 JUNE 2023

2023
2023
2022
2022
Note
£
£
£
£

Fixed assets
  

Intangible assets
 4 
540,000
600,000

Current assets
  

Debtors: amounts falling due within one year
 5 
2,427
26,265

Cash at bank and in hand
  
3,955
31,310

  
6,382
57,575

Creditors: amounts falling due within one year
 6 
(17,566)
(41,665)

Net current (liabilities)/assets
  
 
 
(11,184)
 
 
15,910

Total assets less current liabilities
  
528,816
615,910

  

Net assets
  
528,816
615,910


Capital and reserves
  

Called up share capital 
  
3
3

Profit and loss account
  
528,813
615,907

  
528,816
615,910


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 on 20 February 2024.

C L Barker
Director

Page 1

 
HANDLES FOR FORKS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2023

1.


General information

Handles For Forks Limited is a private company limited by shares and registered in England and Wales. The address of its registered office and the principal place of business is Old Post Office Cottage, The Ridings, Leafield, Oxon, OX29 9NN. 

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 preparation of financial statements in compliance with FRS 102 requires the use of certain critical accounting estimates. It also requires management to exercise judgement in applying the company's accounting policies. There are no areas involving a higher degree of judgement or complexity, or areas where assumptions and estimates are significant to the financial statements. 

The following principal accounting policies have been applied:

 
2.2

Presentational currency

The company's functional and presentational currency is GBP.

 
2.3

Revenue

Turnover comprises revenue recognised by the company in respect of royalty income received from television broadcasters during the year, exclusive of Value Added Tax. Revenue is recognised on receipt of the funds from the broadcasters and is calculated in line with the royalty agreements. 

 
2.4

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 reporting date in the United Kingdom.

 
2.5

Intangible assets

This comprises Intellectual Property Rights. Subsequent to initial recognition, the asset is measured at cost less accumulated amortisation and accumulated impairment losses. It is amortised on a straight line basis to the Statement of income and retained earnings over its useful economic life which is considered to be twenty years.

 
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.


3.


Employees

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

Page 2

 
HANDLES FOR FORKS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2023

4.


Intangible assets




Intellectual Property Rights

£



Cost


At 1 July 2022
1,200,000



At 30 June 2023

1,200,000



Amortisation


At 1 July 2022
600,000


Charge for the year on owned assets
60,000



At 30 June 2023

660,000



Net book value



At 30 June 2023
540,000



At 30 June 2022
600,000



Page 3

 
HANDLES FOR FORKS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2023

5.


Debtors

2023
2022
£
£


Trade debtors
2,427
26,265

2,427
26,265



6.


Creditors: Amounts falling due within one year

2023
2022
£
£

Corporation tax
15,001
32,532

Other taxation and social security
1,465
8,033

Accruals and deferred income
1,100
1,100

17,566
41,665



7.


Related party transactions

The company has not entered into any transactions with related parties that are material and that have not been concluded under normal market conditions.

 
Page 4