Caseware UK (AP4) 2022.0.179 2022.0.179 2023-10-312023-10-31false2022-11-01No description of principal activity00falsetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.false 10419427 2022-11-01 2023-10-31 10419427 2021-11-01 2022-10-31 10419427 2023-10-31 10419427 2022-10-31 10419427 c:Director1 2022-11-01 2023-10-31 10419427 d:OfficeEquipment 2022-11-01 2023-10-31 10419427 d:OfficeEquipment 2023-10-31 10419427 d:OfficeEquipment 2022-10-31 10419427 d:OfficeEquipment d:OwnedOrFreeholdAssets 2022-11-01 2023-10-31 10419427 d:CurrentFinancialInstruments 2023-10-31 10419427 d:CurrentFinancialInstruments 2022-10-31 10419427 d:Non-currentFinancialInstruments 2023-10-31 10419427 d:Non-currentFinancialInstruments 2022-10-31 10419427 d:CurrentFinancialInstruments d:WithinOneYear 2023-10-31 10419427 d:CurrentFinancialInstruments d:WithinOneYear 2022-10-31 10419427 d:Non-currentFinancialInstruments d:AfterOneYear 2023-10-31 10419427 d:Non-currentFinancialInstruments d:AfterOneYear 2022-10-31 10419427 d:Non-currentFinancialInstruments d:BetweenTwoFiveYears 2023-10-31 10419427 d:Non-currentFinancialInstruments d:BetweenTwoFiveYears 2022-10-31 10419427 d:ShareCapital 2023-10-31 10419427 d:ShareCapital 2022-10-31 10419427 d:RetainedEarningsAccumulatedLosses 2023-10-31 10419427 d:RetainedEarningsAccumulatedLosses 2022-10-31 10419427 c:FRS102 2022-11-01 2023-10-31 10419427 c:AuditExempt-NoAccountantsReport 2022-11-01 2023-10-31 10419427 c:FullAccounts 2022-11-01 2023-10-31 10419427 c:PrivateLimitedCompanyLtd 2022-11-01 2023-10-31 10419427 e:PoundSterling 2022-11-01 2023-10-31 iso4217:GBP xbrli:pure

Registered number: 10419427









EBH MOTIVE LIMITED







UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 31 OCTOBER 2023

 
EBH MOTIVE LIMITED
REGISTERED NUMBER: 10419427

BALANCE SHEET
AS AT 31 OCTOBER 2023

2023
2022
Note
£
£

Fixed assets
  

Tangible assets
 5 
100
134

  
100
134

Current assets
  

Debtors: amounts falling due within one year
 6 
1,907
1,595

Cash at bank and in hand
 7 
98
700

  
2,005
2,295

Creditors: amounts falling due within one year
 8 
(1,574)
(1,549)

Net current assets
  
 
 
431
 
 
746

Total assets less current liabilities
  
531
880

Creditors: amounts falling due after more than one year
 9 
(448)
(867)

  

Net assets
  
83
13


Capital and reserves
  

Called up share capital 
  
1
1

Profit and loss account
  
82
12

  
83
13


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 profit and loss account 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

 
EBH MOTIVE LIMITED
REGISTERED NUMBER: 10419427
    
BALANCE SHEET (CONTINUED)
AS AT 31 OCTOBER 2023




Ebenezer Agunsoye
Director

The notes on pages 3 to 7 form part of these financial statements.

Page 2

 
EBH MOTIVE LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2023

1.


General information

The company is limited by shares and incorporated in England. The address of the registerd office is
given in the company information page of these financial statements. The company's principal activity is
that of provision of IT consultancy services.

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

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.

 
2.4

Borrowing costs

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

Page 3

 
EBH MOTIVE LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2023

2.Accounting policies (continued)

 
2.5

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.

 
2.6

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, on a reducing balance basis.

Depreciation is provided on the following basis:

Office equipment
-
25%
on reducing balance

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.

 
2.7

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.

 
2.8

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.

 
2.9

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 4

 
EBH MOTIVE 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 Company has no employees other than the directors, who did not receive any remuneration (2022 - £NIL).

The average monthly number of employees, including directors, during the year was 0 (2022 - 0).


4.


Dividends

2023
2022
£
£


Dividends analysis
2,300
2,300

2,300
2,300

Page 5

 
EBH MOTIVE LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2023

5.


Tangible fixed assets





Office equipment

£



Cost or valuation


At 1 November 2022
750



At 31 October 2023

750



Depreciation


At 1 November 2022
617


Charge for the year on owned assets
33



At 31 October 2023

650



Net book value



At 31 October 2023
100



At 31 October 2022
134


6.


Debtors

2023
2022
£
£


Other debtors
1,907
1,595

1,907
1,595



7.


Cash and cash equivalents

2023
2022
£
£

Cash at bank and in hand
98
700

98
700


Page 6

 
EBH MOTIVE LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2023

8.


Creditors: Amounts falling due within one year

2023
2022
£
£

Bank loans
420
420

Corporation tax
554
530

Accruals and deferred income
600
599

1,574
1,549



9.


Creditors: Amounts falling due after more than one year

2023
2022
£
£

Bank loans
448
867

448
867



10.


Loans


Analysis of the maturity of loans is given below:


2023
2022
£
£

Amounts falling due within one year

Bank loans
420
420


420
420


Amounts falling due 2-5 years

Bank loans
448
867


448
867


868
1,287


 
Page 7