Caseware UK (AP4) 2023.0.135 2023.0.135 2024-03-312024-03-31The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.trueThe principal activity of the company is that of providing consultancy services.true2023-04-01false22 10063191 2023-04-01 2024-03-31 10063191 2022-04-01 2023-03-31 10063191 2024-03-31 10063191 2023-03-31 10063191 c:Director1 2023-04-01 2024-03-31 10063191 d:OfficeEquipment 2023-04-01 2024-03-31 10063191 d:OfficeEquipment 2024-03-31 10063191 d:OfficeEquipment 2023-03-31 10063191 d:OfficeEquipment d:OwnedOrFreeholdAssets 2023-04-01 2024-03-31 10063191 d:CurrentFinancialInstruments 2024-03-31 10063191 d:CurrentFinancialInstruments 2023-03-31 10063191 d:CurrentFinancialInstruments d:WithinOneYear 2024-03-31 10063191 d:CurrentFinancialInstruments d:WithinOneYear 2023-03-31 10063191 d:ShareCapital 2024-03-31 10063191 d:ShareCapital 2023-03-31 10063191 d:RetainedEarningsAccumulatedLosses 2024-03-31 10063191 d:RetainedEarningsAccumulatedLosses 2023-03-31 10063191 c:OrdinaryShareClass1 2023-04-01 2024-03-31 10063191 c:OrdinaryShareClass1 2024-03-31 10063191 c:FRS102 2023-04-01 2024-03-31 10063191 c:AuditExempt-NoAccountantsReport 2023-04-01 2024-03-31 10063191 c:FullAccounts 2023-04-01 2024-03-31 10063191 c:PrivateLimitedCompanyLtd 2023-04-01 2024-03-31 10063191 2 2023-04-01 2024-03-31 xbrli:shares iso4217:GBP xbrli:pure
Registered number: 10063191
















ROUNDWOOD MANAGEMENT LIMITED
UNAUDITED
FINANCIAL STATEMENTS
FOR THE YEAR ENDED  31 MARCH 2024

 
ROUNDWOOD MANAGEMENT LIMITED
 


CONTENTS



Page
Statement of Financial Position
 
1 - 2
Notes to the Financial Statements
 
3 - 6


 
ROUNDWOOD MANAGEMENT LIMITED
REGISTERED NUMBER:10063191


STATEMENT OF FINANCIAL POSITION
AS AT 31 MARCH 2024

2024
2023
Note
£
£

Fixed assets
  

Tangible assets
 4 
991
1,322

Current assets
  

Debtors: amounts falling due within one year
 5 
27,500
27,500

Cash at bank and in hand
  
1,270,473
1,330,775

  
1,297,973
1,358,275

  

Creditors: amounts falling due within one year
 6 
(49,130)
(139,863)

Net current assets
  
 
 
1,248,843
 
 
1,218,412

  

Net assets
  
1,249,834
1,219,734


Capital and reserves
  

Called up share capital 
 7 
100
100

Profit and loss account
  
1,249,734
1,219,634

  
1,249,834
1,219,734


Page 1

 
ROUNDWOOD MANAGEMENT LIMITED
REGISTERED NUMBER:10063191

    
STATEMENT OF FINANCIAL POSITION (CONTINUED)
AS AT 31 MARCH 2024

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: 




Lord J Astor
Director

Date: 31 July 2024

The notes on pages 3 to 6 form part of these financial statements.

Page 2

 
ROUNDWOOD MANAGEMENT LIMITED
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024

1.


General information

Roundwood Management Limited is a limited liability company registered in England and Wales with its registered office at 5 Elstree Gate, Elstree Way, Borehamwood, Hertfordshire, WD6 1JD.
The principal activity of the company is that of providing 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 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

Turnover

Turnover comprises of revenue recognised by the Company in respect of services supplied during the year.

 
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.

Depreciation is provided on the following basis:

Office equipment
-
25%
reducing balance

 
2.4

Debtors

Short term debtors are measured at transaction price, less any impairment.

 
2.5

Cash and cash equivalents

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty.

 
2.6

Creditors

Short term creditors are measured at the transaction price.

 
2.7

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

 
ROUNDWOOD MANAGEMENT LIMITED
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024

2.Accounting policies (continued)

 
2.8

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.

 
2.9

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.

 
2.10

Interest income

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

 
2.11

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.


3.


Employees

The average monthly number of employees, including the director, during the year was as follows:


        2024
        2023
            No.
            No.







Employees
2
2

Page 4

 
ROUNDWOOD MANAGEMENT LIMITED
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024

4.


Tangible fixed assets





Office equipment

£



Cost or valuation


At 1 April 2023
1,997



At 31 March 2024

1,997



Depreciation


At 1 April 2023
675


Charge for the year on owned assets
331



At 31 March 2024

1,006



Net book value



At 31 March 2024
991



At 31 March 2023
1,322


5.


Debtors

2024
2023
£
£


Accrued income
27,500
27,500



6.


Creditors: Amounts falling due within one year

2024
2023
£
£

Taxation and social security
43,606
133,130

Other creditors
1,959
3,433

Accruals
3,565
3,300

49,130
139,863


Page 5

 
ROUNDWOOD MANAGEMENT LIMITED
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024

7.


Share capital

2024
2023
£
£
Allotted, called up and fully paid



100 Ordinary shares of £1 each
100
100



8.


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 £515 (2023 - £222).

 
Page 6