Caseware UK (AP4) 2023.0.135 2023.0.135 2024-02-292024-02-29falsefalseprocurement services2023-03-01true11The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. 10610401 2023-03-01 2024-02-29 10610401 2022-03-01 2023-02-28 10610401 2024-02-29 10610401 2023-02-28 10610401 c:Director1 2023-03-01 2024-02-29 10610401 d:CurrentFinancialInstruments 2024-02-29 10610401 d:CurrentFinancialInstruments 2023-02-28 10610401 d:CurrentFinancialInstruments d:WithinOneYear 2024-02-29 10610401 d:CurrentFinancialInstruments d:WithinOneYear 2023-02-28 10610401 d:ShareCapital 2024-02-29 10610401 d:ShareCapital 2023-02-28 10610401 d:RetainedEarningsAccumulatedLosses 2024-02-29 10610401 d:RetainedEarningsAccumulatedLosses 2023-02-28 10610401 d:FinancialAssetsDesignatedFairValueThroughProfitOrLoss 2024-02-29 10610401 d:FinancialAssetsDesignatedFairValueThroughProfitOrLoss 2023-02-28 10610401 c:FRS102 2023-03-01 2024-02-29 10610401 c:AuditExempt-NoAccountantsReport 2023-03-01 2024-02-29 10610401 c:FullAccounts 2023-03-01 2024-02-29 10610401 c:PrivateLimitedCompanyLtd 2023-03-01 2024-02-29 10610401 d:TaxLossesCarry-forwardsDeferredTax 2024-02-29 10610401 d:TaxLossesCarry-forwardsDeferredTax 2023-02-28 iso4217:GBP xbrli:pure

Registered number: 10610401









SAULIRE PROCUREMENT CONSULTING LIMITED







UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 29 FEBRUARY 2024

 
SAULIRE PROCUREMENT CONSULTING LIMITED
REGISTERED NUMBER: 10610401

BALANCE SHEET
AS AT 29 FEBRUARY 2024

29 February
28 February
2024
2023
Note
£
£

  

Current assets
  

Debtors: amounts falling due within one year
 4 
156
148

Cash at bank and in hand
 5 
12,029
12,366

  
12,185
12,514

Creditors: amounts falling due within one year
 6 
(3,567)
(2,665)

Net current assets
  
 
 
8,618
 
 
9,849

Total assets less current liabilities
  
8,618
9,849

  

Net assets
  
8,618
9,849


Capital and reserves
  

Called up share capital 
  
100
100

Profit and loss account
  
8,518
9,749

  
8,618
9,849


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 on 20 August 2024.


Mr. A. Durston-Hillyer
Director

The notes on pages 2 to 5 form part of these financial statements.

Page 1

 
SAULIRE PROCUREMENT CONSULTING LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 29 FEBRUARY 2024

1.


General information

The entity is a private limited company incorporated in England and Wales. The company's registered office is located at Deangate Farmhouse, Holbury Lane, Lockerley, Romsey, Hampshire. The principal activity during the year was the provision of consultancy services.

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

Going concern

Whilst the company acheived no income for the year, the expenditure for the year was minimal and the director considers the company has sufficient reserves available to be considered a going concern for the foreseeable future. 

 
2.3

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 balance sheet 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 balance sheet 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 balance sheet date.

 
2.4

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.

Page 2

 
SAULIRE PROCUREMENT CONSULTING LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 29 FEBRUARY 2024

2.Accounting policies (continued)

 
2.5

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.

 
2.6

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.

 
2.7

Provisions for liabilities

Provisions are made where an event has taken place that gives the Company a legal or constructive obligation that probably requires settlement by a transfer of economic benefit, and a reliable estimate can be made of the amount of the obligation.
Provisions are charged as an expense to profit or loss in the year that the Company becomes aware of the obligation, and are measured at the best estimate at the balance sheet date of the expenditure required to settle the obligation, taking into account relevant risks and uncertainties.
When payments are eventually made, they are charged to the provision carried in the Balance sheet.

 
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, loans from banks and other third parties, loans to related parties and investments in ordinary shares.

 
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 year was 1 (2023 - 1).


4.


Debtors

29 February
28 February
2024
2023
£
£


Other debtors
-
70

Deferred taxation
156
78
Page 3

 
SAULIRE PROCUREMENT CONSULTING LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 29 FEBRUARY 2024

4.Debtors (continued)


156
148



5.


Cash and cash equivalents

29 February
28 February
2024
2023
£
£

Cash at bank and in hand
12,029
12,366

12,029
12,366



6.


Creditors: Amounts falling due within one year

29 February
28 February
2024
2023
£
£

Other creditors
3,249
2,347

Accruals and deferred income
318
318

3,567
2,665



7.


Financial instruments

29 February
28 February
2024
2023
£
£

Financial assets


Financial assets measured at fair value through profit or loss
12,029
12,366




Financial assets measured at fair value through profit or loss comprise cash at bank.


8.


Deferred taxation

Page 4

 
SAULIRE PROCUREMENT CONSULTING LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 29 FEBRUARY 2024
 
8.Deferred taxation (continued)






2024


£






At beginning of year
78


Charged to profit or loss
78



At end of year
156

The deferred tax asset is made up as follows:

29 February
28 February
2024
2023
£
£


Tax losses carried forward
156
78

156
78


9.


Controlling party

The company was under the control of Mr. A. Durston-Hillyer throughout the period. Mr. Durston-Hillyer owned the entire share capital of the company.

 
Page 5