Caseware UK (AP4) 2022.0.179 2022.0.179 2023-04-302023-04-302022-05-01falsemedia production11falsetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. 11327224 2022-05-01 2023-04-30 11327224 2021-05-01 2022-04-30 11327224 2023-04-30 11327224 2022-04-30 11327224 c:Director1 2022-05-01 2023-04-30 11327224 d:OfficeEquipment 2022-05-01 2023-04-30 11327224 d:OtherPropertyPlantEquipment 2023-04-30 11327224 d:OtherPropertyPlantEquipment 2022-04-30 11327224 d:OtherPropertyPlantEquipment d:OwnedOrFreeholdAssets 2022-05-01 2023-04-30 11327224 d:CurrentFinancialInstruments 2023-04-30 11327224 d:CurrentFinancialInstruments 2022-04-30 11327224 d:Non-currentFinancialInstruments 2023-04-30 11327224 d:Non-currentFinancialInstruments 2022-04-30 11327224 d:CurrentFinancialInstruments d:WithinOneYear 2023-04-30 11327224 d:CurrentFinancialInstruments d:WithinOneYear 2022-04-30 11327224 d:Non-currentFinancialInstruments d:AfterOneYear 2023-04-30 11327224 d:Non-currentFinancialInstruments d:AfterOneYear 2022-04-30 11327224 d:Non-currentFinancialInstruments d:BetweenOneTwoYears 2023-04-30 11327224 d:Non-currentFinancialInstruments d:BetweenOneTwoYears 2022-04-30 11327224 d:Non-currentFinancialInstruments d:BetweenTwoFiveYears 2023-04-30 11327224 d:Non-currentFinancialInstruments d:BetweenTwoFiveYears 2022-04-30 11327224 d:ShareCapital 2023-04-30 11327224 d:ShareCapital 2022-04-30 11327224 d:RetainedEarningsAccumulatedLosses 2023-04-30 11327224 d:RetainedEarningsAccumulatedLosses 2022-04-30 11327224 d:FinancialAssetsDesignatedFairValueThroughProfitOrLoss 2023-04-30 11327224 d:FinancialAssetsDesignatedFairValueThroughProfitOrLoss 2022-04-30 11327224 c:FRS102 2022-05-01 2023-04-30 11327224 c:AuditExempt-NoAccountantsReport 2022-05-01 2023-04-30 11327224 c:FullAccounts 2022-05-01 2023-04-30 11327224 c:PrivateLimitedCompanyLtd 2022-05-01 2023-04-30 11327224 2 2022-05-01 2023-04-30 iso4217:GBP xbrli:pure

Registered number: 11327224









HORSE & BEETLE LIMITED







UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 30 APRIL 2023

 
HORSE & BEETLE LIMITED
REGISTERED NUMBER: 11327224

BALANCE SHEET
AS AT 30 APRIL 2023

2023
2022
Note
£
£

Fixed assets
  

Tangible assets
 4 
278
555

  
278
555

Current assets
  

Debtors: amounts falling due within one year
 5 
94,114
40,995

Cash at bank and in hand
 6 
42,193
56,285

  
136,307
97,280

Creditors: amounts falling due within one year
 7 
(95,330)
(57,830)

Net current assets
  
 
 
40,977
 
 
39,450

Total assets less current liabilities
  
41,255
40,005

Creditors: amounts falling due after more than one year
 8 
(30,493)
(40,000)

  

Net assets
  
10,762
5


Capital and reserves
  

Called up share capital 
  
1
1

Profit and loss account
  
10,761
4

  
10,762
5


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 her 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 29 July 2024.

Page 1

 
HORSE & BEETLE LIMITED
REGISTERED NUMBER: 11327224
    
BALANCE SHEET (CONTINUED)
AS AT 30 APRIL 2023




Miss. A. Herridge
Director

The notes on pages 3 to 8 form part of these financial statements.

Page 2

 
HORSE & BEETLE LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2023

1.


General information

The entity is a private limited company registered in England and Wales. The company's Registered Office is located at 6 Northlands Road, Southampton, SO15 2LF. The principal activity during the period was that of the design and management of exhibitions. 

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

Going concern

The company's trading has now returned to normal after the coronavirus restrictions and the director considers the company to be a going concern for the foreseeable future.

 
2.3

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

 
HORSE & BEETLE LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2023

2.Accounting policies (continued)

 
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

Borrowing costs

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

 
2.7

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.

 
2.8

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, using the straight-line method.

Depreciation is provided on the following basis:

Office equipment
-
3 years straight line basis

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.

 
2.9

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.

Page 4

 
HORSE & BEETLE LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2023

2.Accounting policies (continued)

 
2.10

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.

 
2.11

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.

 
2.12

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, loans from banks and other third parties, loans to related parties and investments in ordinary shares.

 
2.13

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).

Page 5

 
HORSE & BEETLE LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2023

4.


Tangible fixed assets





Other fixed assets

£



Cost or valuation


At 1 May 2022
833



At 30 April 2023

833



Depreciation


At 1 May 2022
278


Charge for the year on owned assets
277



At 30 April 2023

555



Net book value



At 30 April 2023
278



At 30 April 2022
555


5.


Debtors

2023
2022
£
£


Trade debtors
73,260
15,451

Other debtors
20,854
25,544

94,114
40,995



6.


Cash and cash equivalents

2023
2022
£
£

Cash at bank and in hand
42,193
56,285

42,193
56,285


Page 6

 
HORSE & BEETLE LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2023

7.


Creditors: Amounts falling due within one year

2023
2022
£
£

Bank loans
10,000
10,000

Corporation tax
36,740
20,558

Other taxation and social security
47,555
26,237

Accruals and deferred income
1,035
1,035

95,330
57,830



8.


Creditors: Amounts falling due after more than one year

2023
2022
£
£

Bank loans
30,493
40,000

30,493
40,000


Page 7

 
HORSE & BEETLE LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2023

9.


Loans


Analysis of the maturity of loans is given below:


2023
2022
£
£

Amounts falling due within one year

Bank loans
10,000
10,000


10,000
10,000

Amounts falling due 1-2 years

Bank loans
10,000
10,000


10,000
10,000

Amounts falling due 2-5 years

Bank loans
20,493
30,000


20,493
30,000


40,493
50,000



10.


Financial instruments

2023
2022
£
£

Financial assets


Financial assets measured at fair value through profit or loss
42,193
56,285




Financial assets measured at fair value through profit or loss comprise cash at bank.

 
Page 8