Caseware UK (AP4) 2022.0.179 2022.0.179 2023-03-312023-03-313No description of principal activity2022-04-01false3falsetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. 03756075 2022-04-01 2023-03-31 03756075 2021-04-01 2022-03-31 03756075 2023-03-31 03756075 2022-03-31 03756075 c:Director1 2022-04-01 2023-03-31 03756075 d:PlantMachinery 2022-04-01 2023-03-31 03756075 d:PlantMachinery 2023-03-31 03756075 d:PlantMachinery 2022-03-31 03756075 d:PlantMachinery d:OwnedOrFreeholdAssets 2022-04-01 2023-03-31 03756075 d:CurrentFinancialInstruments 2023-03-31 03756075 d:CurrentFinancialInstruments 2022-03-31 03756075 d:CurrentFinancialInstruments d:WithinOneYear 2023-03-31 03756075 d:CurrentFinancialInstruments d:WithinOneYear 2022-03-31 03756075 d:ShareCapital 2023-03-31 03756075 d:ShareCapital 2022-03-31 03756075 d:RetainedEarningsAccumulatedLosses 2023-03-31 03756075 d:RetainedEarningsAccumulatedLosses 2022-03-31 03756075 c:OrdinaryShareClass1 2022-04-01 2023-03-31 03756075 c:OrdinaryShareClass1 2023-03-31 03756075 c:OrdinaryShareClass1 2022-03-31 03756075 c:FRS102 2022-04-01 2023-03-31 03756075 c:AuditExempt-NoAccountantsReport 2022-04-01 2023-03-31 03756075 c:FullAccounts 2022-04-01 2023-03-31 03756075 c:PrivateLimitedCompanyLtd 2022-04-01 2023-03-31 03756075 2 2022-04-01 2023-03-31 xbrli:shares iso4217:GBP xbrli:pure

Registered number: 03756075










THE MICE PARTNERSHIP LIMITED









FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 31 MARCH 2023

 
THE MICE PARTNERSHIP LIMITED
REGISTERED NUMBER: 03756075

STATEMENT OF FINANCIAL POSITION
AS AT 31 MARCH 2023

2023
2022
Note
£
£

Fixed assets
  

Tangible assets
 4 
664
451

  
664
451

Current assets
  

Debtors: amounts falling due within one year
 5 
112,013
12,568

Cash at bank and in hand
 6 
21,037
33,668

  
133,050
46,236

Creditors: amounts falling due within one year
 7 
(133,297)
(41,062)

Net current (liabilities)/assets
  
 
 
(247)
 
 
5,174

Total assets less current liabilities
  
417
5,625

  

Net assets
  
417
5,625


Capital and reserves
  

Called up share capital 
 8 
3
3

Profit and loss account
  
414
5,622

  
417
5,625


Page 1

 
THE MICE PARTNERSHIP LIMITED
REGISTERED NUMBER: 03756075
    
STATEMENT OF FINANCIAL POSITION (CONTINUED)
AS AT 31 MARCH 2023

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 23 January 2024.




C Smith
Director

The notes on pages 3 to 7 form part of these financial statements.

Page 2

 
THE MICE PARTNERSHIP LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2023

1.


General information

The Mice Partnership Limited is a company domiciled in England & Wales, registration number 03756075. The registered office is 25 Shelburne Road, High Wycombe, Bucks, HP12 3NJ.

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 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:

Sale of goods

Revenue from the sale of goods is recognised when all of the following conditions are satisfied:
the Company has transferred the significant risks and rewards of ownership to the buyer;
the Company retains neither continuing managerial involvement to the degree usually associated with ownership nor effective control over the goods sold;
the amount of revenue can be measured reliably;
it is probable that the Company will receive the consideration due under the transaction; and
the costs incurred or to be incurred in respect of the transaction can be measured reliably.

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.

Page 3

 
THE MICE PARTNERSHIP LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2023

2.Accounting policies (continued)

 
2.3

Operating leases: the Company as lessee

Rentals paid under operating leases are charged to profit or loss on a straight-line basis over the lease term.

Benefits received and receivable as an incentive to sign an operating lease are recognised on a straight-line basis over the lease term, unless another systematic basis is representative of the time pattern of the lessee's benefit from the use of the leased asset.

 
2.4

Interest income

Interest income is recognised in profit or loss using the effective interest method.

 
2.5

Finance costs

Finance costs are charged to profit or loss over the term of the debt using the effective interest method so that the amount charged is at a constant rate on the carrying amount. Issue costs are initially recognised as a reduction in the proceeds of the associated capital instrument.

 
2.6

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 reporting date in the countries where the Company operates and generates income.

 
2.7

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:.

Depreciation is provided on the following basis:

Plant and machinery
-
15%
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.

Page 4

 
THE MICE PARTNERSHIP LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2023

2.Accounting policies (continued)

 
2.8

Debtors

Short-term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

 
2.9

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.

 
2.10

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.

 
2.11

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.


3.


Employees

The average monthly number of employees, including directors, during the year was 3 (2022 - 3).

Page 5

 
THE MICE PARTNERSHIP LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2023

4.


Tangible fixed assets





Plant and machinery

£



Cost or valuation


At 1 April 2022
12,477


Additions
350



At 31 March 2023

12,827



Depreciation


At 1 April 2022
12,026


Charge for the year on owned assets
137



At 31 March 2023

12,163



Net book value



At 31 March 2023
664



At 31 March 2022
451


5.


Debtors

2023
2022
£
£


Trade debtors
-
10,523

Other debtors
17,274
1,056

Called up share capital not paid
1
1

Prepayments and accrued income
94,738
988

112,013
12,568


Page 6

 
THE MICE PARTNERSHIP LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2023

6.


Cash and cash equivalents

2023
2022
£
£

Cash at bank and in hand
21,037
33,668

21,037
33,668



7.


Creditors: Amounts falling due within one year

2023
2022
£
£

Trade creditors
3,438
2,598

Other taxation and social security
-
3,732

Other creditors
69,490
14,648

Accruals and deferred income
60,369
20,084

133,297
41,062



8.


Share capital

2023
2022
£
£
Allotted, called up and fully paid



3 (2022 - 3) Ordinary shares of £1.00 each
3
3


 
Page 7