Caseware UK (AP4) 2023.0.135 2023.0.135 2023-12-312023-12-312023-01-01falseNo description of principal activity810falsetruefalse SC556772 2023-01-01 2023-12-31 SC556772 2022-12-01 2022-12-31 SC556772 2023-12-31 SC556772 2022-12-31 SC556772 c:Director1 2023-01-01 2023-12-31 SC556772 d:ComputerEquipment 2023-01-01 2023-12-31 SC556772 d:ComputerEquipment 2023-12-31 SC556772 d:ComputerEquipment 2022-12-31 SC556772 d:ComputerEquipment d:OwnedOrFreeholdAssets 2023-01-01 2023-12-31 SC556772 d:CurrentFinancialInstruments 2023-12-31 SC556772 d:CurrentFinancialInstruments 2022-12-31 SC556772 d:CurrentFinancialInstruments d:WithinOneYear 2023-12-31 SC556772 d:CurrentFinancialInstruments d:WithinOneYear 2022-12-31 SC556772 d:ShareCapital 2023-12-31 SC556772 d:ShareCapital 2022-12-31 SC556772 d:RetainedEarningsAccumulatedLosses 2023-12-31 SC556772 d:RetainedEarningsAccumulatedLosses 2022-12-31 SC556772 c:FRS102 2023-01-01 2023-12-31 SC556772 c:Audited 2023-01-01 2023-12-31 SC556772 c:FullAccounts 2023-01-01 2023-12-31 SC556772 c:PrivateLimitedCompanyLtd 2023-01-01 2023-12-31 SC556772 c:SmallCompaniesRegimeForAccounts 2023-01-01 2023-12-31 SC556772 e:PoundSterling 2023-01-01 2023-12-31 iso4217:GBP xbrli:pure
Company registration number: SC556772







FINANCIAL STATEMENTS
FOR THE YEAR ENDED
31 DECEMBER 2023


BRUHAN LIMITED






































img7098.png                        

 


BRUHAN LIMITED
REGISTERED NUMBER:SC556772



STATEMENT OF FINANCIAL POSITION
AS AT 31 DECEMBER 2023

2023
2022
Note
£
£

Fixed assets
  

Tangible assets
 4 
6,048
6,208

  
6,048
6,208

Current assets
  

Stocks
  
6,969
7,184

Debtors: amounts falling due within one year
 5 
545,254
329,652

Bank and cash balances
  
172,526
194,428

  
724,749
531,264

Creditors: amounts falling due within one year
 6 
(145,612)
(172,248)

Net current assets
  
 
 
579,137
 
 
359,016

Total assets less current liabilities
  
585,185
365,224

  

Net assets
  
585,185
365,224


Capital and reserves
  

Called up share capital 
  
125
125

Profit and loss account
  
585,060
365,099

  
585,185
365,224


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: 




R E Burke
Director

Date: 26 July 2024

The notes on pages 2 to 5 form part of these financial statements.

Page 1

 


BRUHAN LIMITED
 


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

1.


General information

Bruhan Limited is a private company limited by shares, incorporated in England & Wales under the Companies Act 2006. The registered office and trading address are given on the Company Information page.
The previous period covered one month and so is not fully comparable with the current twelve month period.

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. 

 
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

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.

 
2.5

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 Statement of financial position. The assets of the plan are held separately from the Company in independently administered funds.

Page 2

 


BRUHAN LIMITED
 


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

2.Accounting policies (continued)

 
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, using the straight-line method.

Depreciation is provided on the following basis:

Computer equipment
-
50%

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.

 
2.8

Stocks

Stocks are stated at the lower of cost and net realisable value, being the estimated selling price less costs to complete and sell. Cost is based on the cost of purchase on a first in, first out basis. Work in progress and finished goods include labour and attributable overheads.

At each reporting date, stocks are assessed for impairment. If stock 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.

 
2.9

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.

Financial instruments are recognised in the Company's Statement of financial position when the Company becomes party to the contractual provisions of the instrument.

Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

Page 3

 


BRUHAN LIMITED
 


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

3.


Employees

The average monthly number of employees, including directors, during the year was 8 (2022 - 10).


4.


Tangible fixed assets





Computer equipment

£



Cost or valuation


At 1 January 2023
12,902


Additions
7,430


Disposals
(1,455)



At 31 December 2023

18,877



Depreciation


At 1 January 2023
6,694


Charge for the year on owned assets
6,540


Disposals
(405)



At 31 December 2023

12,829



Net book value



At 31 December 2023
6,048



At 31 December 2022
6,208


5.


Debtors

2023
2022
£
£


Trade debtors
304,004
118,134

Amounts owed by group undertakings
227,550
200,000

Prepayments and accrued income
13,700
11,518

545,254
329,652


Page 4

 


BRUHAN LIMITED
 


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

6.


Creditors: Amounts falling due within one year

2023
2022
£
£

Trade creditors
60,563
51,512

Corporation tax
-
76,631

Other taxation and social security
71,605
41,033

Other creditors
-
2,772

Accruals and deferred income
13,444
300

145,612
172,248



7.Financial commitments

Loans included within entities of the group that the Company is a part are secured by fixed and floating charges over the assets of the Company and the group.  At the year end the loans amounted to £196,799,237 (2022 - £186,225,036).


8.


Controlling party

The parent undertaking of the smallest group in which consolidated financial statements are prepared, which include this company, is Arrow Communications Holdings Limited. The company’s registered address is The Wharf, Abbey Mills Business Park, Lower Eashing, Godalming, Surrey, GU7 2QN.


9.


Auditors' information

The auditors' report on the financial statements for the year ended 31 December 2023 was unqualified.

The audit report was signed on 26 July 2024 by Robin Hopkins FCA (Senior statutory auditor) on behalf of Menzies LLP.

 
Page 5