Caseware UK (AP4) 2023.0.135 2023.0.135 2023-10-312023-10-31truefalse2022-11-011412trueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.false 07311711 2022-11-01 2023-10-31 07311711 2021-11-01 2022-10-31 07311711 2023-10-31 07311711 2022-10-31 07311711 c:Director1 2022-11-01 2023-10-31 07311711 d:PlantMachinery 2022-11-01 2023-10-31 07311711 d:PlantMachinery 2023-10-31 07311711 d:PlantMachinery 2022-10-31 07311711 d:PlantMachinery d:OwnedOrFreeholdAssets 2022-11-01 2023-10-31 07311711 d:MotorVehicles 2022-11-01 2023-10-31 07311711 d:MotorVehicles 2023-10-31 07311711 d:MotorVehicles 2022-10-31 07311711 d:MotorVehicles d:OwnedOrFreeholdAssets 2022-11-01 2023-10-31 07311711 d:FurnitureFittings 2022-11-01 2023-10-31 07311711 d:FurnitureFittings 2023-10-31 07311711 d:FurnitureFittings 2022-10-31 07311711 d:FurnitureFittings d:OwnedOrFreeholdAssets 2022-11-01 2023-10-31 07311711 d:OfficeEquipment 2022-11-01 2023-10-31 07311711 d:OfficeEquipment 2023-10-31 07311711 d:OfficeEquipment 2022-10-31 07311711 d:OfficeEquipment d:OwnedOrFreeholdAssets 2022-11-01 2023-10-31 07311711 d:OwnedOrFreeholdAssets 2022-11-01 2023-10-31 07311711 d:Goodwill 2022-11-01 2023-10-31 07311711 d:Goodwill 2023-10-31 07311711 d:Goodwill 2022-10-31 07311711 d:CopyrightsPatentsTrademarksServiceOperatingRights 2022-11-01 2023-10-31 07311711 d:CurrentFinancialInstruments 2023-10-31 07311711 d:CurrentFinancialInstruments 2022-10-31 07311711 d:Non-currentFinancialInstruments 2023-10-31 07311711 d:Non-currentFinancialInstruments 2022-10-31 07311711 d:CurrentFinancialInstruments d:WithinOneYear 2023-10-31 07311711 d:CurrentFinancialInstruments d:WithinOneYear 2022-10-31 07311711 d:Non-currentFinancialInstruments d:AfterOneYear 2023-10-31 07311711 d:Non-currentFinancialInstruments d:AfterOneYear 2022-10-31 07311711 d:ShareCapital 2023-10-31 07311711 d:ShareCapital 2022-10-31 07311711 d:CapitalRedemptionReserve 2023-10-31 07311711 d:CapitalRedemptionReserve 2022-10-31 07311711 d:RetainedEarningsAccumulatedLosses 2023-10-31 07311711 d:RetainedEarningsAccumulatedLosses 2022-10-31 07311711 c:FRS102 2022-11-01 2023-10-31 07311711 c:AuditExempt-NoAccountantsReport 2022-11-01 2023-10-31 07311711 c:FullAccounts 2022-11-01 2023-10-31 07311711 c:PrivateLimitedCompanyLtd 2022-11-01 2023-10-31 07311711 d:WithinOneYear 2023-10-31 07311711 d:WithinOneYear 2022-10-31 07311711 d:BetweenOneFiveYears 2023-10-31 07311711 d:BetweenOneFiveYears 2022-10-31 07311711 2 2022-11-01 2023-10-31 07311711 d:Goodwill d:OwnedIntangibleAssets 2022-11-01 2023-10-31 07311711 e:PoundSterling 2022-11-01 2023-10-31 iso4217:GBP xbrli:pure

Registered number: 07311711









BRACKENRIDGE HANSON TATE LIMITED







UNAUDITED

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 OCTOBER 2023

 
BRACKENRIDGE HANSON TATE LIMITED
REGISTERED NUMBER: 07311711

BALANCE SHEET
AS AT 31 OCTOBER 2023

2023
2022
Note
£
£

Fixed assets
  

Intangible assets
 4 
277,330
317,468

Tangible assets
 5 
94,127
18,920

  
371,457
336,388

Current assets
  

Stocks
 6 
50,000
50,000

Debtors: amounts falling due within one year
 7 
314,795
179,431

Cash at bank and in hand
 8 
777,566
895,849

  
1,142,361
1,125,280

Creditors: amounts falling due within one year
 9 
(314,742)
(363,655)

Net current assets
  
 
 
827,619
 
 
761,625

Total assets less current liabilities
  
1,199,076
1,098,013

Creditors: amounts falling due after more than one year
 10 
(16,667)
(26,667)

  

Net assets
  
1,182,409
1,071,346


Capital and reserves
  

Called up share capital 
  
500
500

Capital redemption reserve
  
500
500

Profit and loss account
  
1,181,409
1,070,346

  
1,182,409
1,071,346


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.
 
Page 1

 
BRACKENRIDGE HANSON TATE LIMITED
REGISTERED NUMBER: 07311711
    
BALANCE SHEET (CONTINUED)
AS AT 31 OCTOBER 2023


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 by: 



D W Brackenridge
Director

Date: 29 July 2024

The notes on pages 3 to 9 form part of these financial statements.
Page 2

 
BRACKENRIDGE HANSON TATE LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2023

1.


General information

Brackenridge Hanson Tate Limited is a private company limited by shares and registered in England & Wales. Its registered office is 31 The Calls, Leeds, West Yorkshire, LS2 7EY and company number is 07311711.

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

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.

 
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.

Page 3

 
BRACKENRIDGE HANSON TATE LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2023

2.Accounting policies (continued)

 
2.6

Borrowing costs

All borrowing costs are recognised in profit or loss in the year in which they are incurred.

 
2.7

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.

 
2.8

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.

 
2.9

Intangible assets

Goodwill
Goodwill represents the difference between amounts paid on the cost of a business combination and the acquirer’s interest in the fair value of its identifiable assets and liabilities of the acquiree at the date of acquisition. Subsequent to initial recognition, goodwill is measured at cost less accumulated amortisation and accumulated impairment losses. Goodwill is amortised on a straight line basis to the Statement of comprehensive income over its useful economic life.

 Amortisation is provided on the following bases:

Goodwill - internally generated
-
5%
per annum on the straight line basis
Goodwill - purchased
-
10%
per annum on the straight line basis

 
2.10

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.

Page 4

 
BRACKENRIDGE HANSON TATE LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2023

2.Accounting policies (continued)


2.10
Tangible fixed assets (continued)

Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, on a reducing balance basis.

Depreciation is provided on the following basis:

Plant & machinery
-
25%
Motor vehicles
-
20%
Fixtures & fittings
-
15%
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.

 
2.11

Stocks and work in progress

Stocks and work in progress are stated at the lower of cost and net realisable value, being the estimated selling price less costs to complete and sell.  Work in progress includes labour and attributable overheads.

At each balance sheet date, work in progress is assessed for impairment. If work in progress is impaired, the carrying amount is reduced to its selling price less costs to complete and sell. The impairment loss is recognised immediately in profit or loss.

 
2.12

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.

 
2.13

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.

 
2.14

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

 
BRACKENRIDGE HANSON TATE LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2023

2.Accounting policies (continued)

 
2.15

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 14 (2022 - 12).


4.


Intangible assets




Goodwill

£



Cost


At 1 November 2022
766,382



At 31 October 2023

766,382



Amortisation


At 1 November 2022
448,914


Charge for the year on owned assets
40,138



At 31 October 2023

489,052



Net book value



At 31 October 2023
277,330



At 31 October 2022
317,468



Page 6

 
BRACKENRIDGE HANSON TATE LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2023

5.


Tangible fixed assets





Plant & machinery
Motor vehicles
Fixtures & fittings
Office equipment
Total

£
£
£
£
£



Cost or valuation


At 1 November 2022
9,106
5,750
-
46,752
61,608


Additions
41,830
-
35,526
6,569
83,925


Disposals
(9,106)
-
-
(27,563)
(36,669)



At 31 October 2023

41,830
5,750
35,526
25,758
108,864



Depreciation


At 1 November 2022
8,820
2,070
-
31,798
42,688


Charge for the year on owned assets
874
736
448
5,062
7,120


Disposals
(8,820)
-
-
(26,251)
(35,071)



At 31 October 2023

874
2,806
448
10,609
14,737



Net book value



At 31 October 2023
40,956
2,944
35,078
15,149
94,127



At 31 October 2022
286
3,680
-
14,954
18,920


6.


Stocks

2023
2022
£
£

Work in progress
50,000
50,000

50,000
50,000


Page 7

 
BRACKENRIDGE HANSON TATE LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2023

7.


Debtors

2023
2022
£
£


Trade debtors
175,325
39,689

Other debtors
130,405
130,404

Prepayments and accrued income
9,065
9,338

314,795
179,431



8.


Cash and cash equivalents

2023
2022
£
£

Cash at bank and in hand
777,566
895,849

777,566
895,849



9.


Creditors: Amounts falling due within one year

2023
2022
£
£

Bank loans
10,000
10,000

Trade creditors
690
690

Corporation tax
39,958
61,724

Other taxation and social security
48,892
64,757

Other creditors
20,439
17,569

Accruals and deferred income
194,763
208,915

314,742
363,655



10.


Creditors: Amounts falling due after more than one year

2023
2022
£
£

Bank loans
16,667
26,667

16,667
26,667


Page 8

 
BRACKENRIDGE HANSON TATE LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2023

11.


Pension commitments

The Company operates a defined contributions pension scheme. The assets of the scheme are held separately from those of the Company  in an independently administered fund. The pension cost charge represents contributions payable by the Company  to the fund and amounted to £9,079 (2022 - £7,745) . There were no outstanding contributions payable to the fund at the balance sheet date. 


12.


Commitments under operating leases

At 31 October 2023 the Company had future minimum lease payments due under non-cancellable operating leases for each of the following periods:

2023
2022
£
£


Not later than 1 year
31,634
14,920

Later than 1 year and not later than 5 years
139,591
30,392

171,225
45,312

 
Page 9