Caseware UK (AP4) 2023.0.135 2023.0.135 2023-03-312023-03-312022-04-01falseThe principal activity of the company continued to be that of corporate branding and marketing communication consultants and production of artwork.11truetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.false 04400742 2022-04-01 2023-03-31 04400742 2021-04-01 2022-03-31 04400742 2023-03-31 04400742 2022-03-31 04400742 c:Director1 2022-04-01 2023-03-31 04400742 c:RegisteredOffice 2022-04-01 2023-03-31 04400742 d:MotorVehicles 2022-04-01 2023-03-31 04400742 d:MotorVehicles 2023-03-31 04400742 d:MotorVehicles 2022-03-31 04400742 d:MotorVehicles d:OwnedOrFreeholdAssets 2022-04-01 2023-03-31 04400742 d:FurnitureFittings 2022-04-01 2023-03-31 04400742 d:FurnitureFittings 2023-03-31 04400742 d:FurnitureFittings 2022-03-31 04400742 d:FurnitureFittings d:OwnedOrFreeholdAssets 2022-04-01 2023-03-31 04400742 d:ComputerEquipment 2022-04-01 2023-03-31 04400742 d:ComputerEquipment 2023-03-31 04400742 d:ComputerEquipment 2022-03-31 04400742 d:ComputerEquipment d:OwnedOrFreeholdAssets 2022-04-01 2023-03-31 04400742 d:OwnedOrFreeholdAssets 2022-04-01 2023-03-31 04400742 d:CurrentFinancialInstruments 2023-03-31 04400742 d:CurrentFinancialInstruments 2022-03-31 04400742 d:Non-currentFinancialInstruments 2023-03-31 04400742 d:Non-currentFinancialInstruments 2022-03-31 04400742 d:CurrentFinancialInstruments d:WithinOneYear 2023-03-31 04400742 d:CurrentFinancialInstruments d:WithinOneYear 2022-03-31 04400742 d:Non-currentFinancialInstruments d:AfterOneYear 2023-03-31 04400742 d:Non-currentFinancialInstruments d:AfterOneYear 2022-03-31 04400742 d:ShareCapital 2023-03-31 04400742 d:ShareCapital 2022-03-31 04400742 d:RetainedEarningsAccumulatedLosses 2023-03-31 04400742 d:RetainedEarningsAccumulatedLosses 2022-03-31 04400742 c:FRS102 2022-04-01 2023-03-31 04400742 c:AuditExempt-NoAccountantsReport 2022-04-01 2023-03-31 04400742 c:FullAccounts 2022-04-01 2023-03-31 04400742 c:PrivateLimitedCompanyLtd 2022-04-01 2023-03-31 04400742 e:PoundSterling 2022-04-01 2023-03-31 iso4217:GBP xbrli:pure
Registered number: 04400742














BEAUFORT WRITING LIMITED
UNAUDITED
FINANCIAL STATEMENTS
INFORMATION FOR FILING WITH THE REGISTRAR
FOR THE YEAR ENDED 31 MARCH 2023

 
BEAUFORT WRITING LIMITED
 
 
COMPANY INFORMATION


Director
M R Sheikh 




Registered number
04400742



Registered office
5 Elstree Gate
Elstree Way

Borehamwood

Hertfordshire

WD6 1JD




Accountants
Sopher + Co LLP
Chartered Accountants

5 Elstree Gate

Elstree Way

Borehamwood

Hertfordshire

WD6 1JD





 
BEAUFORT WRITING LIMITED
 

CONTENTS



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


 
BEAUFORT WRITING LIMITED
REGISTERED NUMBER:04400742

STATEMENT OF FINANCIAL POSITION
AS AT 31 MARCH 2023

2023
2022
Note
£
£

Fixed assets
  

Tangible assets
 4 
14,850
14,093

  
14,850
14,093

Current assets
  

Stocks
  
6,022
6,022

Debtors: amounts falling due within one year
 5 
212,285
223,619

Current asset investments
  
7,110
7,110

Cash at bank and in hand
  
-
20,029

  
225,417
256,780

Current liabilities
  

Creditors: amounts falling due within one year
 6 
(214,804)
(236,561)

Net current assets
  
 
 
10,613
 
 
20,219

Total assets less current liabilities
  
25,463
34,312

Creditors: amounts falling due after more than one year
 7 
(22,435)
(32,387)

Provisions for liabilities
  

Deferred tax
  
(1,429)
(788)

  
 
 
(1,429)
 
 
(788)

Net assets
  
1,599
1,137


Capital and reserves
  

Called up share capital 
  
100
100

Profit and loss account
  
1,499
1,037

  
1,599
1,137


Page 1

 
BEAUFORT WRITING LIMITED
REGISTERED NUMBER:04400742
    
STATEMENT OF FINANCIAL POSITION (CONTINUED)
AS AT 31 MARCH 2023

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: 




M R Sheikh
Director

Date: 19 August 2024

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

Page 2

 
BEAUFORT WRITING LIMITED
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2023

1.


General information

Beaufort Writing Limited is a private company limited by shares incorporated in England and Wales. The registered office is 5 Elstree Gate, Elstree Way, Borehamwood, Hertfordshire, United Kingdom, WD6 1JD.
The principal activity of the company continued to be that of corporate branding and marketing communication consultants and production of artwork. 
The company's functional and presentational currency is £ Sterling.

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 represents net invoiced sales of services, excluding value added tax. Income is recognised at the point of provision of the service. 

 
2.3

Borrowing costs

All borrowing costs are recognised in profit or loss in the year in which they are incurred.

 
2.4

Current and deferred taxation

The tax expense for the year comprises current and deferred tax. 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.

Deferred tax balances are recognised in respect of all timing differences that have originated but not reversed by the reporting date, except that:
The recognition of deferred tax assets is limited to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits; and
Any deferred tax balances are reversed if and when all conditions for retaining associated tax allowances have been met.

Deferred tax balances are not recognised in respect of permanent differences except in respect of business combinations, when deferred tax is recognised on the differences between the fair values of assets acquired and the future tax deductions available for them and the differences between the fair values of liabilities acquired and the amount that will be assessed for tax. Deferred tax is determined using tax rates and laws that have been enacted or substantively enacted by the reporting date.

Page 3

 
BEAUFORT WRITING LIMITED
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2023

2.Accounting policies (continued)

 
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.

At each reporting date the Company assesses whether there is any indication of impairment. If such indication exists, the recoverable amount of the asset is determined which is the higher of its fair value less costs to sell and its value in use. An impairment loss is recognised where the carrying amount exceeds the recoverable amount.

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

Depreciation is provided on the following basis:

Motor vehicles
-
25%
on reducing balance
Fixtures and fittings
-
25%
on reducing balance
Computer equipment
-
33%
on 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

Stocks

Stocks are stated at the lower of cost and net realisable value, after making due allowances for obsolete and slow moving items. 

At each reporting date, stocks are assessed for impairment. If stock is impaired, the carrying amount is reduced to its selling price less costs to complete and sell. The impairment loss is recognised immediately in profit or loss.

 
2.7

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.

 
2.8

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.

Page 4

 
BEAUFORT WRITING LIMITED
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2023

2.Accounting policies (continued)

 
2.9

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.


3.


Employees

The average monthly number of employees, including directors, during the year was 1 (2022 - 1).


4.


Tangible fixed assets





Motor vehicles
Fixtures and fittings
Computer equipment
Total

£
£
£
£



Cost


At 1 April 2022
8,667
40,850
16,143
65,660


Additions
-
5,836
-
5,836



At 31 March 2023

8,667
46,686
16,143
71,496



Depreciation


At 1 April 2022
2,167
34,473
14,927
51,567


Charge for the year on owned assets
1,625
3,053
401
5,079



At 31 March 2023

3,792
37,526
15,328
56,646



Net book value



At 31 March 2023
4,875
9,160
815
14,850



At 31 March 2022
6,500
6,377
1,216
14,093

Page 5

 
BEAUFORT WRITING LIMITED
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2023

5.


Debtors

2023
2022
£
£


Trade debtors
18,466
24,039

Other debtors
193,819
199,580

212,285
223,619



6.


Creditors: Amounts falling due within one year

2023
2022
£
£

Bank overdrafts
20,273
-

Bank loans
9,952
9,707

Trade creditors
480
6,396

Corporation tax
123,543
138,122

Other taxation and social security
49,810
77,301

Accruals and deferred income
10,746
5,035

214,804
236,561



7.


Creditors: Amounts falling due after more than one year

2023
2022
£
£

Bank loans
22,435
32,387

22,435
32,387


The following liabilities were secured:

2023
2022
£
£



Bank loans
32,387
42,094

32,387
42,094

Details of security provided:

The bank loans are secured by way of a fixed and floating charge dated 18 April 2017.

 
Page 6