Caseware UK (AP4) 2023.0.135 2023.0.135 2024-02-292024-02-292023-03-01falseThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.falseNo description of principal activity101111truetrue SC290710 2023-03-01 2024-02-29 SC290710 2022-03-01 2023-02-28 SC290710 2024-02-29 SC290710 2023-02-28 SC290710 c:Director3 2023-03-01 2024-02-29 SC290710 c:Director4 2023-03-01 2024-02-29 SC290710 c:Director5 2023-03-01 2024-02-29 SC290710 c:Director6 2023-03-01 2024-02-29 SC290710 c:Director6 2024-02-29 SC290710 c:Director7 2023-03-01 2024-02-29 SC290710 c:Director7 2024-02-29 SC290710 c:RegisteredOffice 2023-03-01 2024-02-29 SC290710 d:FurnitureFittings 2023-03-01 2024-02-29 SC290710 d:FurnitureFittings 2024-02-29 SC290710 d:FurnitureFittings 2023-02-28 SC290710 d:FurnitureFittings d:OwnedOrFreeholdAssets 2023-03-01 2024-02-29 SC290710 d:OfficeEquipment 2023-03-01 2024-02-29 SC290710 d:OfficeEquipment 2024-02-29 SC290710 d:OfficeEquipment 2023-02-28 SC290710 d:OfficeEquipment d:OwnedOrFreeholdAssets 2023-03-01 2024-02-29 SC290710 d:ComputerEquipment 2023-03-01 2024-02-29 SC290710 d:ComputerEquipment 2024-02-29 SC290710 d:ComputerEquipment 2023-02-28 SC290710 d:ComputerEquipment d:OwnedOrFreeholdAssets 2023-03-01 2024-02-29 SC290710 d:OtherPropertyPlantEquipment 2023-03-01 2024-02-29 SC290710 d:OtherPropertyPlantEquipment 2024-02-29 SC290710 d:OtherPropertyPlantEquipment 2023-02-28 SC290710 d:OtherPropertyPlantEquipment d:OwnedOrFreeholdAssets 2023-03-01 2024-02-29 SC290710 d:OwnedOrFreeholdAssets 2023-03-01 2024-02-29 SC290710 d:CurrentFinancialInstruments 2024-02-29 SC290710 d:CurrentFinancialInstruments 2023-02-28 SC290710 d:CurrentFinancialInstruments d:WithinOneYear 2024-02-29 SC290710 d:CurrentFinancialInstruments d:WithinOneYear 2023-02-28 SC290710 d:ShareCapital 2024-02-29 SC290710 d:ShareCapital 2023-02-28 SC290710 d:CapitalRedemptionReserve 2024-02-29 SC290710 d:CapitalRedemptionReserve 2023-02-28 SC290710 d:RetainedEarningsAccumulatedLosses 2024-02-29 SC290710 d:RetainedEarningsAccumulatedLosses 2023-02-28 SC290710 c:OrdinaryShareClass3 2023-03-01 2024-02-29 SC290710 c:OrdinaryShareClass3 2024-02-29 SC290710 c:OrdinaryShareClass3 2023-02-28 SC290710 c:OrdinaryShareClass4 2023-03-01 2024-02-29 SC290710 c:OrdinaryShareClass4 2024-02-29 SC290710 c:OrdinaryShareClass4 2023-02-28 SC290710 c:FRS102 2023-03-01 2024-02-29 SC290710 c:AuditExempt-NoAccountantsReport 2023-03-01 2024-02-29 SC290710 c:FullAccounts 2023-03-01 2024-02-29 SC290710 c:PrivateLimitedCompanyLtd 2023-03-01 2024-02-29 SC290710 d:WithinOneYear 2024-02-29 SC290710 d:WithinOneYear 2023-02-28 SC290710 d:BetweenOneFiveYears 2024-02-29 SC290710 d:BetweenOneFiveYears 2023-02-28 SC290710 d:MoreThanFiveYears 2024-02-29 SC290710 d:MoreThanFiveYears 2023-02-28 SC290710 e:PoundSterling 2023-03-01 2024-02-29 xbrli:shares iso4217:GBP xbrli:pure
Registered number: SC290710










YOUR CONVEYANCER LIMITED
FINANCIAL STATEMENTS
FOR THE YEAR ENDED 29 FEBRUARY 2024

 
YOUR CONVEYANCER LIMITED
 

COMPANY INFORMATION


Directors
Mr D M Churchill 
Mr S Grocott 
Ms N H Elliott 
Mr N Crockatt (resigned 30 September 2023)
Mr O H Mohammed (appointed 7 June 2024)




Registered number
SC290710



Registered office
East Port House
12 East Port

Dunfermline

Fife

KY12 7JB




Accountants
EQ Accountants Limited
Chartered Accountants

Pentland House

Saltire Centre

Glenrothes

Fife

KY6 2AH





 
YOUR CONVEYANCER LIMITED
REGISTERED NUMBER: SC290710

STATEMENT OF FINANCIAL POSITION
AS AT 29 FEBRUARY 2024

29 February
28 February
2024
2023
£
£

Fixed assets
  

Tangible assets
 4 
191,960
225,422

  
191,960
225,422

Current assets
  

Debtors: amounts falling due within one year
 5 
1,188,272
1,137,454

Cash at bank and in hand
  
913,547
1,515,192

  
2,101,819
2,652,646

Creditors: amounts falling due within one year
 6 
(349,621)
(458,547)

Net current assets
  
 
 
1,752,198
 
 
2,194,099

Total assets less current liabilities
  
1,944,158
2,419,521

Provisions for liabilities
  

Deferred tax
  
(35,298)
(42,733)

  
 
 
(35,298)
 
 
(42,733)

Net assets
  
1,908,860
2,376,788


Capital and reserves
  

Called up share capital 
 7 
7
7

Capital redemption reserve
  
3
3

Profit and loss account
  
1,908,850
2,376,778

  
1,908,860
2,376,788


Page 1

 
YOUR CONVEYANCER LIMITED
REGISTERED NUMBER: SC290710

STATEMENT OF FINANCIAL POSITION (CONTINUED)
AS AT 29 FEBRUARY 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 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: 





Ms N H Elliott
Director

Date: 23 August 2024

The notes on pages 3 to 8 form part of these financial statements.

Page 2

 
YOUR CONVEYANCER LIMITED
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 29 FEBRUARY 2024

1.


General information

Your Conveyancer Limited is a private company, limited by shares, incorporated in Scotland, registration number SC290710. The registered office is East Port House, 12 East Port, Dunfermline, Fife, KY12 7JB. 
The financial statements are presented in sterling, which is the functional currency of the company, and rounded to the nearest £.

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 preparation of financial statements in compliance with FRS 102 requires the use of certain critical accounting estimates. It also requires management to exercise judgment in applying the Company's accounting policies.

The following principal accounting policies have been applied:

 
2.2

Turnover

Turnover is recognised to the extent that it is probable that the economic benefits will flow to the Company and the turnover can be reliably measured. Turnover 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 turnover is recognised:

Rendering of services

Turnover 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 turnover 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.

Benefits received and receivable as an incentive to sign an operating lease are recognised on a straight-line basis over the lease term, unless another systematic basis is representative of the time pattern of the lessee's benefit from the use of the leased asset.

Page 3

 
YOUR CONVEYANCER LIMITED
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 29 FEBRUARY 2024

2.Accounting policies (continued)

 
2.4

Pensions

Defined contribution pension plan

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.

 
2.5

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 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 4

 
YOUR CONVEYANCER LIMITED
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 29 FEBRUARY 2024

2.Accounting policies (continued)

 
2.6

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, using the straight-line method.

Depreciation is provided on the following basis:

Fixtures and fittings
-
15% Straight line
Office equipment
-
25% Straight line
Computer equipment
-
25% Straight line
Tenants' improvements
-
15% Straight line or lease term

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.

 
2.7

Financial instruments

The Company has elected to apply the provisions of Section 11 “Basic Financial Instruments” of FRS 102 to all of its 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.

Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

 
2.8

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 101 (2023 - 111).

Page 5

 
YOUR CONVEYANCER LIMITED
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 29 FEBRUARY 2024

4.


Tangible fixed assets







Fixtures and fittings
Office equipment
Computer equipment
Tenants' improve-ments
Total

£
£
£
£
£



Cost or valuation


At 1 March 2023
84,495
43,638
281,783
207,005
616,921


Additions
1,045
2,061
29,252
-
32,358


Disposals
-
-
(165)
-
(165)



At 29 February 2024

85,540
45,699
310,870
207,005
649,114



Depreciation


At 1 March 2023
78,328
40,870
215,097
57,204
391,499


Charge for the year
4,036
2,535
34,066
25,018
65,655



At 29 February 2024

82,364
43,405
249,163
82,222
457,154



Net book value



At 29 February 2024
3,176
2,294
61,707
124,783
191,960



At 28 February 2023
6,167
2,768
66,686
149,801
225,422

Page 6

 
YOUR CONVEYANCER LIMITED
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 29 FEBRUARY 2024

5.


Debtors

29 February
28 February
2024
2023
£
£


Trade debtors
402,685
495,657

Other debtors
141,842
7,223

Prepayments and accrued income
227,724
166,903

Amounts recoverable on unbilled work
416,021
467,671

1,188,272
1,137,454



6.


Creditors: Amounts falling due within one year

29 February
28 February
2024
2023
£
£

Trade creditors
85,770
66,212

Other taxation and social security
196,823
226,041

Other creditors
14,982
33,966

Accruals and deferred income
52,046
132,328

349,621
458,547



7.


Share capital

29 February
28 February
2024
2023
£
£
Allotted, called up and fully paid



700 (2023 - 700) Ordinary A shares of £0.01 each
7.00
7.00
4 (2023 - 4) Ordinary B shares of £0.01 each
0.04
0.04

7.04

7.04



8.


Parent company

The company is a wholly owned subsidiary of Click4Conveyancing Limited, a company registered in Scotland. The registered office and principal place of business is East Port House, 12 East Port, Dunfermline, Scotland, KY12 7JB.





Page 7

 
YOUR CONVEYANCER LIMITED
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 29 FEBRUARY 2024

9.


Commitments under operating leases

At 29 February 2024 the Company had future minimum lease payments due under non-cancellable operating leases for each of the following periods:

29 February
28 February
2024
2023
£
£


Not later than 1 year
110,500
100,000

Later than 1 year and not later than 5 years
434,125
400,000

Later than 5 years
50,000
150,000

594,625
650,000


Page 8