Caseware UK (AP4) 2023.0.135 2023.0.135 2024-03-312024-03-312false22023-04-01The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.truetruefalse 04658840 2023-04-01 2024-03-31 04658840 2022-04-01 2023-03-31 04658840 2024-03-31 04658840 2023-03-31 04658840 c:Director1 2023-04-01 2024-03-31 04658840 d:CurrentFinancialInstruments 2024-03-31 04658840 d:CurrentFinancialInstruments 2023-03-31 04658840 d:CurrentFinancialInstruments d:WithinOneYear 2024-03-31 04658840 d:CurrentFinancialInstruments d:WithinOneYear 2023-03-31 04658840 d:ShareCapital 2024-03-31 04658840 d:ShareCapital 2023-03-31 04658840 d:RetainedEarningsAccumulatedLosses 2024-03-31 04658840 d:RetainedEarningsAccumulatedLosses 2023-03-31 04658840 c:OrdinaryShareClass1 2023-04-01 2024-03-31 04658840 c:OrdinaryShareClass1 2024-03-31 04658840 c:OrdinaryShareClass1 2023-03-31 04658840 c:OrdinaryShareClass2 2023-04-01 2024-03-31 04658840 c:OrdinaryShareClass2 2024-03-31 04658840 c:OrdinaryShareClass2 2023-03-31 04658840 c:FRS102 2023-04-01 2024-03-31 04658840 c:AuditExempt-NoAccountantsReport 2023-04-01 2024-03-31 04658840 c:FullAccounts 2023-04-01 2024-03-31 04658840 c:PrivateLimitedCompanyLtd 2023-04-01 2024-03-31 04658840 2 2023-04-01 2024-03-31 04658840 6 2023-04-01 2024-03-31 04658840 e:PoundSterling 2023-04-01 2024-03-31 xbrli:shares iso4217:GBP xbrli:pure
Registered number: 04658840









COLLABORATIVE BUSINESS RELATIONSHIPS LIMITED

UNAUDITED

FINANCIAL STATEMENTS
INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 31 MARCH 2024

 
COLLABORATIVE BUSINESS RELATIONSHIPS LIMITED
REGISTERED NUMBER: 04658840

BALANCE SHEET
AS AT 31 MARCH 2024

2024
2023
Note
£
£

  

Current assets
  

Debtors: amounts falling due within one year
 4 
2,072
2,233

Current asset investments
  
30
30

Cash at bank
  
3,394
29,273

Current liabilities
  
5,496
31,536

Creditors: amounts falling due within one year
 6 
(1,673)
(15,245)

Net current assets
  
 
 
3,823
 
 
16,291

  

Net assets
  
3,823
16,291


Capital and reserves
  

Called up share capital 
 7 
110
110

Profit and loss account
  
3,713
16,181

  
3,823
16,291


The directors consider 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 directors acknowledge their 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 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: 




Mr L J Pyle
Director

Date: 8 August 2024

The notes on pages 2 to 4 form part of these financial statements.

Page 1

 
COLLABORATIVE BUSINESS RELATIONSHIPS LIMITED
 

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

1.


General information

Collaborative Business Relationships Limited is a private Company limited by shares, incorporated in England and Wales within the United Kingdom.  The address of the registered office is Tennyson House, Cambridge Business Park, Cambridge, CB4 0WZ. This Company is not part of a group.

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 preparation of financial statements in compliance with FRS 102 requires the use of certain critical accounting estimates. It also requires management to exercise judgment in applying the Company's accounting policies.

The following principal accounting policies have been applied:

 
2.2

Basis other than going concern

After the year end the Directors intend to cease trading and wind down the business. As a result, the financial statements have been prepared on a basis other than going concern. This basis includes, where applicable, writing the company’s assets down to net realisable value. No provision has been made for the future costs of terminating the business unless such costs were committed at the reporting date.

 
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:

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.

 
2.4

Valuation of investments

Investments in unlisted Company shares, whose market value can be reliably determined, are remeasured to market value at each balance sheet date. Gains and losses on remeasurement are recognised in the Statement of Income and Retained Earnings for the period. Where market value cannot be reliably determined, such investments are stated at historic cost less impairment.

Page 2

 
COLLABORATIVE BUSINESS RELATIONSHIPS LIMITED
 

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

2.Accounting policies (continued)

 
2.5

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.

 
2.6

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.

 
2.7

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.

 
2.8

Interest income

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


3.


Employees




The average monthly number of employees, including directors, during the year was 2 (2023 - 2).


4.


Debtors

2024
2023
£
£


Other debtors
2,072
2,233



5.


Current asset investments

2024
2023
£
£

Unlisted investments
30
30


Page 3

 
COLLABORATIVE BUSINESS RELATIONSHIPS LIMITED
 

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

6.


Creditors: Amounts falling due within one year

2024
2023
£
£

Trade creditors
612
-

Other creditors
1,061
15,245

1,673
15,245



7.


Share capital

2024
2023
£
£
Allotted, called up and fully paid



100 (2023 - 100) Ordinary shares of £1.00 each
100
100
10 (2023 - 10) Ordinary A shares of £1.00 each
10
10

110

110



8.


Related party transactions

During the year the Company operated a loan with the directors of the Company. The amount payable to the directors of the Company at the year end was £954 (2023 - £15,245). This loan is interest free and repayable on demand.


Page 4