Caseware UK (AP4) 2023.0.135 2023.0.135 2023-11-302023-11-302024-05-152022-12-01falsetrue1Other business support service activities not elsewhere classified1truetrue 05511803 2022-12-01 2023-11-30 05511803 2021-12-01 2022-11-30 05511803 2023-11-30 05511803 2022-11-30 05511803 c:Director1 2022-12-01 2023-11-30 05511803 d:Goodwill 2023-11-30 05511803 d:Goodwill 2022-11-30 05511803 d:CurrentFinancialInstruments 2023-11-30 05511803 d:CurrentFinancialInstruments 2022-11-30 05511803 d:CurrentFinancialInstruments d:WithinOneYear 2023-11-30 05511803 d:CurrentFinancialInstruments d:WithinOneYear 2022-11-30 05511803 d:ShareCapital 2023-11-30 05511803 d:ShareCapital 2022-11-30 05511803 d:RetainedEarningsAccumulatedLosses 2023-11-30 05511803 d:RetainedEarningsAccumulatedLosses 2022-11-30 05511803 c:OrdinaryShareClass1 2022-12-01 2023-11-30 05511803 c:OrdinaryShareClass1 2023-11-30 05511803 c:OrdinaryShareClass1 2022-11-30 05511803 c:EntityHasNeverTraded 2022-12-01 2023-11-30 05511803 c:FRS102 2022-12-01 2023-11-30 05511803 c:AuditExempt-NoAccountantsReport 2022-12-01 2023-11-30 05511803 c:FullAccounts 2022-12-01 2023-11-30 05511803 c:PrivateLimitedCompanyLtd 2022-12-01 2023-11-30 05511803 e:PoundSterling 2022-12-01 2023-11-30 xbrli:shares iso4217:GBP xbrli:pure

Registered number: 05511803









TECHNOBRAKE LIMITED








FINANCIAL STATEMENTS

FOR THE PERIOD ENDED 30 NOVEMBER 2023

 
TECHNOBRAKE LIMITED
REGISTERED NUMBER: 05511803

STATEMENT OF FINANCIAL POSITION
AS AT 30 NOVEMBER 2023

2023
2022
Note
£
£

  

Current assets
  

Debtors: amounts falling due within one year
 4 
286,276
341,172

Cash at bank and in hand
  
279,872
405,352

  
566,148
746,524

Creditors: amounts falling due within one year
 5 
(36,589)
(36,965)

Net current assets
  
 
 
529,559
 
 
709,559

Net assets
  
529,559
709,559


Capital and reserves
  

Called up share capital 
 8 
3
3

Profit and loss account
  
529,556
709,556

  
529,559
709,559


Page 1

 
TECHNOBRAKE LIMITED
REGISTERED NUMBER: 05511803
    
STATEMENT OF FINANCIAL POSITION (CONTINUED)
AS AT 30 NOVEMBER 2023

For the Period ended 30 November 2023 the Company was entitled to exemption from audit under section 480 of the Companies Act 2006.

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 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 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 15 May 2024.




Thomas Jeffrey Lowe
Director

The notes on pages 3 to 5 form part of these financial statements.

Page 2

 
TECHNOBRAKE LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 30 NOVEMBER 2023

1.


General information

The company is registered in England and Wales. The company's registered office is Parkside Garage, Unit 2 Old Stafford Road, Slade Heath, Wolverhampton, England, WV10 7PH. The principle activity of the company continues to be that of other business support service activities.

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.

 
2.2

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.

 
2.3

Intangible assets

Intangible assets are initially recognised at cost. After recognition, under the cost model, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

All intangible assets are considered to have a finite useful life. If a reliable estimate of the useful life cannot be made, the useful life shall not exceed ten years.

 
2.4

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.

 
2.5

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.

 
2.6

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.

Page 3

 
TECHNOBRAKE LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 30 NOVEMBER 2023

3.


Intangible assets




Goodwill

£



Cost


At 1 December 2022
12,000



At 30 November 2023

12,000



Amortisation


At 1 December 2022
12,000



At 30 November 2023

12,000



Net book value



At 30 November 2023
-



At 30 November 2022
-




4.


Debtors

2023
2022
£
£


Other debtors
286,276
341,172

286,276
341,172



5.


Creditors: Amounts falling due within one year

2023
2022
£
£

Other creditors
36,589
36,965

36,589
36,965



6.


Deferred taxation

Page 4

 
TECHNOBRAKE LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 30 NOVEMBER 2023

7.


Provisions








At 30 November 2023


8.


Share capital

2023
2022
£
£
Allotted, called up and fully paid



3 (2022 - 3) Ordinary Shares shares of £1.00 each
3
3


Page 5