Caseware UK (AP4) 2023.0.135 2023.0.135 2024-03-312023-05-162023-05-162024-03-31truefalsefalseThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.2023-05-16falseNo description of principal activity2 SC769513 2023-05-15 SC769513 2023-05-16 2024-03-31 SC769513 2022-05-16 2023-05-15 SC769513 2024-03-31 SC769513 c:Director1 2023-05-16 2024-03-31 SC769513 c:Director1 2024-03-31 SC769513 c:Director2 2023-05-16 2024-03-31 SC769513 c:Director2 2024-03-31 SC769513 c:RegisteredOffice 2023-05-16 2024-03-31 SC769513 d:CurrentFinancialInstruments 2024-03-31 SC769513 d:CurrentFinancialInstruments d:WithinOneYear 2024-03-31 SC769513 d:ShareCapital 2024-03-31 SC769513 d:RetainedEarningsAccumulatedLosses 2024-03-31 SC769513 c:OrdinaryShareClass1 2023-05-16 2024-03-31 SC769513 c:OrdinaryShareClass1 2024-03-31 SC769513 c:OrdinaryShareClass2 2023-05-16 2024-03-31 SC769513 c:OrdinaryShareClass2 2024-03-31 SC769513 c:FRS102 2023-05-16 2024-03-31 SC769513 c:AuditExempt-NoAccountantsReport 2023-05-16 2024-03-31 SC769513 c:FullAccounts 2023-05-16 2024-03-31 SC769513 c:PrivateLimitedCompanyLtd 2023-05-16 2024-03-31 SC769513 e:PoundSterling 2023-05-16 2024-03-31 xbrli:shares iso4217:GBP xbrli:pure
Registered number: SC769513










NEW STREET CONSULTING LTD
FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 MARCH 2024

 
NEW STREET CONSULTING LTD
 

COMPANY INFORMATION


Directors
Mr J S Shearer (appointed 16 May 2023)
Mrs J T Walker (appointed 16 May 2023)




Registered number
SC769513



Registered office
Glenbrook
4 Dollarbeg Park

Dollar

Clackmannanshire

FK14 7LJ




Accountants
EQ Accountants Limited
Chartered Accountants

Pentland House

Saltire Centre

Glenrothes

Fife

KY6 2AH





 
NEW STREET CONSULTING LTD
REGISTERED NUMBER: SC769513

STATEMENT OF FINANCIAL POSITION
AS AT 31 MARCH 2024

2024
£

  

Current assets
  

Debtors: amounts falling due within one year
 4 
101,767

Cash at bank and in hand
  
49,800

  
151,567

Creditors: amounts falling due within one year
 5 
(139,712)

Net current assets
  
 
 
11,855

Total assets less current liabilities
  
11,855

  

Net assets
  
11,855


Capital and reserves
  

Called up share capital 
 6 
2

Profit and loss account
  
11,853

  
11,855


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 period 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 J S Shearer
Mrs J T Walker
Director
Director


Date: 11 July 2024

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

Page 1

 
NEW STREET CONSULTING LTD
 

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

1.


General information

New Street Consulting Ltd is a private company, limited by shares and incorporated in Scotland, registration number SC769513. The registered office address is Glenbrook, 4 Dollarbeg Park, Dollar, FK14 7LJ.
The Company was incorporated on 16 May 2023 and commenced trading on 1 October 2023. 
The financial statements are prepared in Sterling which is the functional currency of the company and
rounded to the nearest £. 

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

Turnover

Turnover is recognised to the extent that it is probable that the economic benefits will flow to the Company and the turnover can be reliably measured. Turnover 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 turnover is recognised:

Rendering of services

Turnover 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 turnover 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

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 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.

Page 2

 
NEW STREET CONSULTING LTD
 

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

2.Accounting policies (continued)

 
2.4

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.

 
2.5

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 period was 2.


4.


Debtors

2024
£


Trade debtors
85,365

Amounts owed by group undertakings
16,402

101,767



5.


Creditors: Amounts falling due within one year

2024
£

Other taxation and social security
52,712

Other creditors
85,000

Accruals and deferred income
2,000

139,712


Page 3

 
NEW STREET CONSULTING LTD
 

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

6.


Share capital

2024
£
Allotted, called up and fully paid


1 Ordinary share of £1.00
1
1 Ordinary A share of £1.00
1

2


During the period, 1 Ordinary share of £1 each and 1 Ordinary A share of £1 each were allotted and the consideration received was £2.


7.


Controlling party

During the period to 31 March 2024, the company became a wholly owned subsidiary of Our Street Limited, a company registered in Scotland. 


Page 4