Caseware UK (AP4) 2022.0.179 2022.0.179 2023-07-312023-07-31No description of principal activitytrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.false2022-08-0111true 04027155 2022-08-01 2023-07-31 04027155 2021-08-01 2022-07-31 04027155 2023-07-31 04027155 2022-07-31 04027155 c:CompanySecretary1 2022-08-01 2023-07-31 04027155 c:Director1 2022-08-01 2023-07-31 04027155 c:RegisteredOffice 2022-08-01 2023-07-31 04027155 d:CurrentFinancialInstruments 2023-07-31 04027155 d:CurrentFinancialInstruments 2022-07-31 04027155 d:CurrentFinancialInstruments d:WithinOneYear 2023-07-31 04027155 d:CurrentFinancialInstruments d:WithinOneYear 2022-07-31 04027155 d:ShareCapital 2023-07-31 04027155 d:ShareCapital 2022-07-31 04027155 d:CapitalRedemptionReserve 2023-07-31 04027155 d:CapitalRedemptionReserve 2022-07-31 04027155 d:RetainedEarningsAccumulatedLosses 2023-07-31 04027155 d:RetainedEarningsAccumulatedLosses 2022-07-31 04027155 c:FRS102 2022-08-01 2023-07-31 04027155 c:AuditExempt-NoAccountantsReport 2022-08-01 2023-07-31 04027155 c:FullAccounts 2022-08-01 2023-07-31 04027155 c:PrivateLimitedCompanyLtd 2022-08-01 2023-07-31 iso4217:GBP xbrli:pure
Company registration number: 04027155







UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED
31 JULY 2023


BALFOUR CORPORATE FINANCE LIMITED






































img3a87.png                        

 


BALFOUR CORPORATE FINANCE LIMITED
 


 
COMPANY INFORMATION


Director
Mr J C Foundling 




Company secretary
Mr J C Foundling



Registered number
04027155



Registered office
15 Leafy Lane

Whiteley

Hampshire

PO15 7HL





 


BALFOUR CORPORATE FINANCE LIMITED
REGISTERED NUMBER:04027155



STATEMENT OF FINANCIAL POSITION
AS AT 31 JULY 2023

2023
2022
Note
£
£

  

Current assets
  

Debtors: amounts falling due within one year
 4 
160
720

Cash at bank and in hand
  
1,274
1,569

  
1,434
2,289

Creditors: amounts falling due within one year
 5 
(1,122)
(1,036)

Net current assets
  
 
 
312
 
 
1,253

Total assets less current liabilities
  
312
1,253

  

Net assets
  
312
1,253


Capital and reserves
  

Called up share capital 
  
10
10

Capital redemption reserve
  
9,990
9,990

Profit and loss account
  
(9,688)
(8,747)

  
312
1,253


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 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: 



Mr J C Foundling
Director

Date: 23 April 2024

The notes on pages 2 to 3 form part of these financial statements.

Page 1

 


BALFOUR CORPORATE FINANCE LIMITED
 


 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JULY 2023

1.


General information

Balfour Corporate Finance Limited is a private company limited by shares, registered in England and Wales. The address of its registered office is disclosed on the company information page.

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:

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

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.

 
2.4

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.

 
2.5

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 2

 


BALFOUR CORPORATE FINANCE LIMITED
 


 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JULY 2023

2.Accounting policies (continued)

 
2.6

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 year was 1 (2022 - 1).


4.


Debtors

2023
2022
£
£


Trade debtors
160
720

160
720



5.


Creditors: Amounts falling due within one year

2023
2022
£
£

Corporation tax
73
73

Other creditors
1,049
963

1,122
1,036


 
Page 3