Caseware UK (AP4) 2023.0.135 2023.0.135 2023-11-302023-11-30false2022-12-01No description of principal activity11falsetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.false 13025859 2022-12-01 2023-11-30 13025859 2021-12-01 2022-11-30 13025859 2023-11-30 13025859 2022-11-30 13025859 c:Director1 2022-12-01 2023-11-30 13025859 d:OfficeEquipment 2022-12-01 2023-11-30 13025859 d:OfficeEquipment 2023-11-30 13025859 d:OfficeEquipment 2022-11-30 13025859 d:OfficeEquipment d:OwnedOrFreeholdAssets 2022-12-01 2023-11-30 13025859 d:CurrentFinancialInstruments 2023-11-30 13025859 d:CurrentFinancialInstruments 2022-11-30 13025859 d:CurrentFinancialInstruments d:WithinOneYear 2023-11-30 13025859 d:CurrentFinancialInstruments d:WithinOneYear 2022-11-30 13025859 d:ShareCapital 2023-11-30 13025859 d:ShareCapital 2022-11-30 13025859 d:RetainedEarningsAccumulatedLosses 2023-11-30 13025859 d:RetainedEarningsAccumulatedLosses 2022-11-30 13025859 c:FRS102 2022-12-01 2023-11-30 13025859 c:AuditExempt-NoAccountantsReport 2022-12-01 2023-11-30 13025859 c:FullAccounts 2022-12-01 2023-11-30 13025859 c:PrivateLimitedCompanyLtd 2022-12-01 2023-11-30 13025859 2 2022-12-01 2023-11-30 13025859 e:PoundSterling 2022-12-01 2023-11-30 iso4217:GBP xbrli:pure

Registered number: 13025859









ARNOLD BAYLIS LIMITED







UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 30 NOVEMBER 2023

 
ARNOLD BAYLIS LIMITED
REGISTERED NUMBER: 13025859

BALANCE SHEET
AS AT 30 NOVEMBER 2023

2023
2022
Note
£
£

Fixed assets
  

Tangible assets
  
1,877
-

  
1,877
-

Current assets
  

Debtors: amounts falling due within one year
 5 
4,826
3,200

Cash at bank and in hand
 6 
25,179
11,155

  
30,005
14,355

Creditors: amounts falling due within one year
 7 
(8,949)
(4,269)

Net current assets
  
 
 
21,056
 
 
10,086

Total assets less current liabilities
  
22,933
10,086

  

Net assets
  
22,933
10,086


Capital and reserves
  

Called up share capital 
  
100
100

Profit and loss account
  
22,833
9,986

  
22,933
10,086


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 year 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 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 4 April 2024.



Page 1

 
ARNOLD BAYLIS LIMITED
REGISTERED NUMBER: 13025859
    
BALANCE SHEET (CONTINUED)
AS AT 30 NOVEMBER 2023


E N Baylis
Director

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

Page 2

 
ARNOLD BAYLIS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 NOVEMBER 2023

1.


General information

Arnold Baylis Limited is a private limited company limited by share capital, incorporated in England and Wales, registration number 13025859.  The address of the registered office is 63 St Asaph Road London SE4. 

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 FRS 102 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland' and the requirements of the Companies Act 2006. The disclosure requirements of Section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

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

Interest income

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

 
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 Balance sheet. The assets of the plan are held separately from the Company in independently administered funds.

Page 3

 
ARNOLD BAYLIS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 NOVEMBER 2023

2.Accounting policies (continued)

 
2.5

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.

 
2.6

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, SELECT OR ENTER METHOD.

Depreciation is provided on the following basis:

Office equipment
-
20%
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.

 
2.7

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.

 
2.8

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.

Page 4

 
ARNOLD BAYLIS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 NOVEMBER 2023

3.


Employees

2023
2022
£
£

Wages and salaries
9,206
-

Cost of defined contribution scheme
40,000
-

49,206
-


The average monthly number of employees, including directors, during the year was 1 (2022 - 1).


4.


Tangible fixed assets





Office equipment

£



Cost or valuation


Additions
1,595



At 30 November 2023

1,595



Depreciation


Charge for the year on owned assets
(282)



At 30 November 2023

(282)



Net book value



At 30 November 2023
1,877



At 30 November 2022
-


5.


Debtors

2023
2022
£
£


Trade debtors
4,800
3,200

Prepayments and accrued income
26
-

4,826
3,200


Page 5

 
ARNOLD BAYLIS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 NOVEMBER 2023

6.


Cash and cash equivalents

2023
2022
£
£

Cash at bank and in hand
25,179
11,155

25,179
11,155



7.


Creditors: Amounts falling due within one year

2023
2022
£
£

Corporation tax
2,860
2,343

Other creditors
6,089
1,926

8,949
4,269



8.


Pension commitments

 
Page 6