Caseware UK (AP4) 2023.0.135 2023.0.135 2024-03-312024-03-31falsetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.22023-04-01No description of principal activity2true 12508734 2023-04-01 2024-03-31 12508734 2022-04-01 2023-03-31 12508734 2024-03-31 12508734 2023-03-31 12508734 c:Director2 2023-04-01 2024-03-31 12508734 d:MotorVehicles 2023-04-01 2024-03-31 12508734 d:MotorVehicles 2024-03-31 12508734 d:MotorVehicles 2023-03-31 12508734 d:MotorVehicles d:OwnedOrFreeholdAssets 2023-04-01 2024-03-31 12508734 d:OfficeEquipment 2023-04-01 2024-03-31 12508734 d:OfficeEquipment 2024-03-31 12508734 d:OfficeEquipment 2023-03-31 12508734 d:OfficeEquipment d:OwnedOrFreeholdAssets 2023-04-01 2024-03-31 12508734 d:OwnedOrFreeholdAssets 2023-04-01 2024-03-31 12508734 d:CurrentFinancialInstruments 2024-03-31 12508734 d:CurrentFinancialInstruments 2023-03-31 12508734 d:Non-currentFinancialInstruments 2024-03-31 12508734 d:Non-currentFinancialInstruments 2023-03-31 12508734 d:CurrentFinancialInstruments d:WithinOneYear 2024-03-31 12508734 d:CurrentFinancialInstruments d:WithinOneYear 2023-03-31 12508734 d:Non-currentFinancialInstruments d:AfterOneYear 2024-03-31 12508734 d:Non-currentFinancialInstruments d:AfterOneYear 2023-03-31 12508734 d:ShareCapital 2024-03-31 12508734 d:ShareCapital 2023-03-31 12508734 d:RetainedEarningsAccumulatedLosses 2024-03-31 12508734 d:RetainedEarningsAccumulatedLosses 2023-03-31 12508734 c:FRS102 2023-04-01 2024-03-31 12508734 c:AuditExempt-NoAccountantsReport 2023-04-01 2024-03-31 12508734 c:FullAccounts 2023-04-01 2024-03-31 12508734 c:PrivateLimitedCompanyLtd 2023-04-01 2024-03-31 12508734 d:HirePurchaseContracts d:WithinOneYear 2024-03-31 12508734 d:HirePurchaseContracts d:WithinOneYear 2023-03-31 12508734 d:HirePurchaseContracts d:BetweenOneFiveYears 2024-03-31 12508734 d:HirePurchaseContracts d:BetweenOneFiveYears 2023-03-31 iso4217:GBP xbrli:pure

Registered number: 12508734









WORKABLE OFFICES LIMITED







UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 31 MARCH 2024

 
WORKABLE OFFICES LIMITED
REGISTERED NUMBER: 12508734

STATEMENT OF FINANCIAL POSITION
AS AT 31 MARCH 2024

2024
2024
2023
2023
Note
£
£
£
£

Fixed assets
  

Tangible assets
 4 
51,205
3,228

  
51,205
3,228

Current assets
  

Cash at bank and in hand
  
172,755
180,104

  
172,755
180,104

Creditors: amounts falling due within one year
 5 
(30,523)
(59,848)

Net current assets
  
 
 
142,232
 
 
120,256

Total assets less current liabilities
  
193,437
123,484

Creditors: amounts falling due after more than one year
 6 
(29,468)
-

  

Net assets
  
163,969
123,484


Capital and reserves
  

Called up share capital 
  
100
100

Profit and loss account
  
163,869
123,384

  
163,969
123,484


Page 1

 
WORKABLE OFFICES LIMITED
REGISTERED NUMBER: 12508734
    
STATEMENT OF FINANCIAL POSITION (CONTINUED)
AS AT 31 MARCH 2024

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 on 11 August 2024.

O A Shields
Director

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

Page 2

 
WORKABLE OFFICES LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 MARCH 2024

1.


General information

Workable Offices Limited is a private company limited by shares and registered in England & Wales. The address of the registered office is 64 Erskine Hill, London NW11 6HG and its principal place of business is at 56 Winchester Avenue, London, NW6 7UA.

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

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 and rebates. 
The company receives fees and commission for securing tenants for office space and the income is recognised in accordance with the applicable client contracts. 

 
2.3

Pensions

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.

 
2.4

Taxation

Tax is recognised in the Statement of Income and Retained Earnings.
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 United Kingdom.

 
2.5

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 3

 
WORKABLE OFFICES LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 MARCH 2024

2.Accounting policies (continued)


2.5
Tangible fixed assets (continued)

Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, as follows.

Depreciation is provided on the following basis:

Motor vehicles
-
10%
per annum straight line
Office equipment and furniture
-
20%
per annum on the 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.

 
2.6

Cash

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. 

 
2.7

Creditors

Short term creditors are measured at the transaction price. 

 
2.8

Financial instruments

The company only enters into basic financial instrument transactions that result in the recognition of financial assets and liabilities like trade and other debtors and creditors and loans from related parties.
Financial assets that are measured at cost and amortised cost are assessed at the end of each reporting period for objective evidence of impairment. If objective evidence of impairment is found, an impairment loss is recognised in the Statement of Income and Retained Earnings.

 
2.9

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 (2023 - 2).

Page 4

 
WORKABLE OFFICES LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 MARCH 2024

4.


Tangible fixed assets





Motor vehicles
Office equipment
Total

£
£
£



Cost or valuation


At 1 April 2023
-
3,438
3,438


Additions
48,968
1,353
50,321



At 31 March 2024

48,968
4,791
53,759



Depreciation


At 1 April 2023
-
210
210


Charge for the period on owned assets
1,428
916
2,344



At 31 March 2024

1,428
1,126
2,554



Net book value



At 31 March 2024
47,540
3,665
51,205



At 31 March 2023
-
3,228
3,228


5.


Creditors: Amounts falling due within one year

2024
2023
£
£

Corporation tax
12,218
46,835

Other taxation and social security
8,115
5,409

Obligations under finance lease and hire purchase contracts
3,600
-

Other creditors
1,465
4,460

Accruals
5,125
3,144

30,523
59,848


Page 5

 
WORKABLE OFFICES LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 MARCH 2024

6.


Creditors: Amounts falling due after more than one year

2024
2023
£
£

Net obligations under finance leases and hire purchase contracts
29,468
-

29,468
-



7.


Hire purchase and finance leases


Minimum lease payments under hire purchase fall due as follows:

2024
2023
£
£


Within one year
3,600
-

Between 1-5 years
29,468
-

33,068
-

 
Page 6