Caseware UK (AP4) 2023.0.135 2023.0.135 2023-12-312023-12-31false2023-01-01No description of principal activity22truetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.false 03641792 2023-01-01 2023-12-31 03641792 2022-01-01 2022-12-31 03641792 2023-12-31 03641792 2022-12-31 03641792 c:Director1 2023-01-01 2023-12-31 03641792 d:FurnitureFittings 2023-01-01 2023-12-31 03641792 d:FurnitureFittings 2023-12-31 03641792 d:FurnitureFittings 2022-12-31 03641792 d:FurnitureFittings d:OwnedOrFreeholdAssets 2023-01-01 2023-12-31 03641792 d:OtherPropertyPlantEquipment 2023-01-01 2023-12-31 03641792 d:OtherPropertyPlantEquipment 2023-12-31 03641792 d:OtherPropertyPlantEquipment 2022-12-31 03641792 d:OtherPropertyPlantEquipment d:OwnedOrFreeholdAssets 2023-01-01 2023-12-31 03641792 d:OwnedOrFreeholdAssets 2023-01-01 2023-12-31 03641792 d:CurrentFinancialInstruments 2023-12-31 03641792 d:CurrentFinancialInstruments 2022-12-31 03641792 d:Non-currentFinancialInstruments 2023-12-31 03641792 d:Non-currentFinancialInstruments 2022-12-31 03641792 d:CurrentFinancialInstruments d:WithinOneYear 2023-12-31 03641792 d:CurrentFinancialInstruments d:WithinOneYear 2022-12-31 03641792 d:Non-currentFinancialInstruments d:AfterOneYear 2023-12-31 03641792 d:Non-currentFinancialInstruments d:AfterOneYear 2022-12-31 03641792 d:ShareCapital 2023-12-31 03641792 d:ShareCapital 2022-12-31 03641792 d:RetainedEarningsAccumulatedLosses 2023-12-31 03641792 d:RetainedEarningsAccumulatedLosses 2022-12-31 03641792 c:FRS102 2023-01-01 2023-12-31 03641792 c:AuditExempt-NoAccountantsReport 2023-01-01 2023-12-31 03641792 c:FullAccounts 2023-01-01 2023-12-31 03641792 c:PrivateLimitedCompanyLtd 2023-01-01 2023-12-31 03641792 e:PoundSterling 2023-01-01 2023-12-31 iso4217:GBP xbrli:pure
Company registration number: 03641792







UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED
31 DECEMBER 2023


BREAKTHROUGH CHANGE MANAGEMENT LIMITED






































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BREAKTHROUGH CHANGE MANAGEMENT LIMITED
REGISTERED NUMBER:03641792



STATEMENT OF FINANCIAL POSITION
AS AT 31 DECEMBER 2023

2023
2022
Note
£
£

Fixed assets
  

Tangible assets
 4 
45,137
32,905

  
45,137
32,905

Current assets
  

Debtors: amounts falling due within one year
 5 
25,329
52,951

Cash at bank and in hand
  
96,556
161,414

  
121,885
214,365

Creditors: amounts falling due within one year
 6 
(134,442)
(143,656)

Net current (liabilities)/assets
  
 
 
(12,557)
 
 
70,709

Total assets less current liabilities
  
32,580
103,614

Creditors: amounts falling due after more than one year
 7 
(14,166)
(24,167)

Provisions for liabilities
  

Deferred tax
  
(9,565)
(6,252)

  
 
 
(9,565)
 
 
(6,252)

Net assets
  
8,849
73,195


Capital and reserves
  

Called up share capital 
  
100
100

Profit and loss account
  
8,749
73,095

  
8,849
73,195


Page 1

 


BREAKTHROUGH CHANGE MANAGEMENT LIMITED
REGISTERED NUMBER:03641792


    
STATEMENT OF FINANCIAL POSITION (CONTINUED)
AS AT 31 DECEMBER 2023

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: 




___________________________
J Walsh
Director

Date: 21 August 2024

The notes on pages 3 to 7 form part of these financial statements.

Page 2

 


BREAKTHROUGH CHANGE MANAGEMENT LIMITED
 


 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023

1.


General information

Breakthrough Change Management Limited is a private company, limited by shares, registered in England and Wales. The company's registered number and registered office address can be found on the company information page. 
The presentation currency of the financial statements is the Pound 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

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.

 
2.3

Operating leases: the Company as lessee

Rentals paid under operating leases are charged to profit or loss on a straight-line basis over the lease term.

Page 3

 


BREAKTHROUGH CHANGE MANAGEMENT LIMITED
 


 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023

2.Accounting policies (continued)

 
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.

 
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.

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:

Fixtures and fittings
-
20%
on cost
Improvements to property
-
over the life of the lease

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

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.

Page 4

 


BREAKTHROUGH CHANGE MANAGEMENT LIMITED
 


 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023

3.


Employees



The average monthly number of employees, including directors, during the year was 2 (2022 - 2).


4.


Tangible fixed assets





Fixtures and fittings
Property improvement
Total

£
£
£



Cost or valuation


At 1 January 2023
89,772
19,050
108,822


Additions
8,325
9,558
17,883



At 31 December 2023

98,097
28,608
126,705



Depreciation


At 1 January 2023
75,536
381
75,917


Charge for the year on owned assets
5,079
572
5,651



At 31 December 2023

80,615
953
81,568



Net book value



At 31 December 2023
17,482
27,655
45,137



At 31 December 2022
14,236
18,669
32,905


5.


Debtors

2023
2022
£
£


Trade debtors
20,799
2,760

Other debtors
-
9,325

Prepayments and accrued income
-
40,866

Tax recoverable
4,530
-

25,329
52,951


Page 5

 


BREAKTHROUGH CHANGE MANAGEMENT LIMITED
 


 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023

6.


Creditors: Amounts falling due within one year

2023
2022
£
£

Bank overdrafts
20,640
-

Bank loans
10,000
10,000

Trade creditors
4,081
6,873

Corporation tax
84,851
112,281

Other taxation and social security
12,643
13,002

Other creditors
727
-

Accruals and deferred income
1,500
1,500

134,442
143,656


The following liabilities were secured:

2023
2022
£
£



Bank loans
10,000
10,000

10,000
10,000

Details of security provided:

The bank loan and other facilities are secured by a fixed and floating charge over the company's assets.


7.


Creditors: Amounts falling due after more than one year

2023
2022
£
£

Bank loans
14,166
24,167

14,166
24,167


The following liabilities were secured:

2023
2022
£
£



Bank loans
14,166
24,167

14,166
24,167

Details of security provided:

The bank loan and other facilities are secured by a fixed and floating charge over the company's assets.

Page 6

 


BREAKTHROUGH CHANGE MANAGEMENT LIMITED
 


 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023

8.


Related party transactions

At the balance sheet date the company owed £727 (2022: owed to the company £9,325) to the directors. The balance can be found within creditors due within one year (2022: debtors). No interest is being charged on this loan.

 
Page 7