Caseware UK (AP4) 2023.0.135 2023.0.135 2023-10-312023-10-312022-11-01falseNo description of principal activity11truetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.false 08740147 2022-11-01 2023-10-31 08740147 2021-11-01 2022-10-31 08740147 2023-10-31 08740147 2022-10-31 08740147 c:Director1 2022-11-01 2023-10-31 08740147 d:OfficeEquipment 2022-11-01 2023-10-31 08740147 d:OfficeEquipment 2023-10-31 08740147 d:OfficeEquipment 2022-10-31 08740147 d:OfficeEquipment d:OwnedOrFreeholdAssets 2022-11-01 2023-10-31 08740147 d:CurrentFinancialInstruments 2023-10-31 08740147 d:CurrentFinancialInstruments 2022-10-31 08740147 d:CurrentFinancialInstruments d:WithinOneYear 2023-10-31 08740147 d:CurrentFinancialInstruments d:WithinOneYear 2022-10-31 08740147 d:ShareCapital 2023-10-31 08740147 d:ShareCapital 2022-10-31 08740147 d:RetainedEarningsAccumulatedLosses 2023-10-31 08740147 d:RetainedEarningsAccumulatedLosses 2022-10-31 08740147 c:FRS102 2022-11-01 2023-10-31 08740147 c:AuditExempt-NoAccountantsReport 2022-11-01 2023-10-31 08740147 c:FullAccounts 2022-11-01 2023-10-31 08740147 c:PrivateLimitedCompanyLtd 2022-11-01 2023-10-31 08740147 2 2022-11-01 2023-10-31 08740147 e:PoundSterling 2022-11-01 2023-10-31 iso4217:GBP xbrli:pure
Registered number: 08740147

















SUE BLACK LIMITED
UNAUDITED
FINANCIAL STATEMENTS
INFORMATION FOR FILING WITH THE REGISTRAR
FOR THE PERIOD ENDED 31 OCTOBER 2023















Fletcher & Partners
Chartered Accountants
Salisbury

 
SUE BLACK LIMITED
REGISTERED NUMBER: 08740147

BALANCE SHEET
AS AT 31 OCTOBER 2023

2023
2022
Note
£
£

Fixed assets
  

Tangible assets
 4 
1,133
396

  
1,133
396

Current assets
  

Debtors: amounts falling due within one year
 5 
7,956
6,750

Cash at bank and in hand
 6 
125,931
96,040

  
133,887
102,790

Creditors: amounts falling due within one year
 7 
(13,545)
(4,702)

Net current assets
  
 
 
120,342
 
 
98,088

Total assets less current liabilities
  
121,475
98,484

  

Net assets
  
121,475
98,484


Capital and reserves
  

Called up share capital 
  
1
1

Profit and loss account
  
121,474
98,483

  
121,475
98,484


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 by: 


Dr S Black
Director

Date: 27 July 2024

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

Page 1

 
SUE BLACK LIMITED
 

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

1.


General information

Sue Black Limited is a private company limited by shares, incorporated in England and Wales with the registered number 08740147. The registered office is Crown Chambers, Bridge Street, Salisbury, SP1 2LZ.

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:

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.

 
2.3

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 2

 
SUE BLACK LIMITED
 

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

2.Accounting policies (continued)


2.3
Tangible fixed assets (continued)

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
-
50%
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.

 
2.4

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.

  
2.5

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.

  
2.6

Financial instruments

The Company only enters into basic financial instrument transactions that result in the recognition of financial asets 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. 

 
2.7

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.

 
2.8

Interest income

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

 
2.9

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.

Page 3

 
SUE BLACK LIMITED
 

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

2.Accounting policies (continued)

 
2.10

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.


Tangible fixed assets





Office equipment

£



Cost or valuation


At 1 November 2022
5,742


Additions
2,268


Disposals
(1,630)



At 31 October 2023

6,380



Depreciation


At 1 November 2022
5,346


Charge for the year on owned assets
1,531


Disposals
(1,630)



At 31 October 2023

5,247



Net book value



At 31 October 2023
1,133



At 31 October 2022
396

Page 4

 
SUE BLACK LIMITED
 

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

5.


Debtors

2023
2022
£
£


Trade debtors
-
360

Other debtors
5,916
6,390

Prepayments and accrued income
2,040
-

7,956
6,750



6.


Cash and cash equivalents

2023
2022
£
£

Cash at bank and in hand
125,931
96,040



7.


Creditors: Amounts falling due within one year

2023
2022
£
£

Corporation tax
6,511
1,967

Other taxation and social security
5,217
707

Accruals and deferred income
1,817
2,028

13,545
4,702



8.


Transactions with directors

Included within debtors is a loan to Dr S Black, the director of the company. The balance at the beginning of the year was £3,005. This was repaid during the year. Various personal expenses to a value of  £2,529 were paid on behalf of the director by the company during the year. The loan has an interest rate of 2% on balances over £10,000 and is repayable on demand. No interest (2022: £0) was charged to the directors loan account during the year. The unpaid balance at the end of the year was £2,529 (2022: £3,004).  


9.


Related party transactions

Included within debtors are balances of £630 (2022: £630) to Savvify Limited and £2,755 (2022: £2,755) to Techmothers Limited. These are both companies under common control. The amounts were provided interest-free and are repayable on demand. 


Page 5