Caseware UK (AP4) 2023.0.135 2023.0.135 2023-11-302023-11-30truefalse2022-12-01falseNo description of principal activity22trueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. 10029156 2022-12-01 2023-11-30 10029156 2021-12-01 2022-11-30 10029156 2023-11-30 10029156 2022-11-30 10029156 c:Director1 2022-12-01 2023-11-30 10029156 c:Director2 2022-12-01 2023-11-30 10029156 d:CurrentFinancialInstruments 2023-11-30 10029156 d:CurrentFinancialInstruments 2022-11-30 10029156 d:CurrentFinancialInstruments d:WithinOneYear 2023-11-30 10029156 d:CurrentFinancialInstruments d:WithinOneYear 2022-11-30 10029156 d:ShareCapital 2023-11-30 10029156 d:ShareCapital 2022-11-30 10029156 d:RetainedEarningsAccumulatedLosses 2023-11-30 10029156 d:RetainedEarningsAccumulatedLosses 2022-11-30 10029156 c:OrdinaryShareClass1 2022-12-01 2023-11-30 10029156 c:OrdinaryShareClass1 2023-11-30 10029156 c:OrdinaryShareClass1 2022-11-30 10029156 c:OrdinaryShareClass2 2022-12-01 2023-11-30 10029156 c:OrdinaryShareClass2 2023-11-30 10029156 c:OrdinaryShareClass2 2022-11-30 10029156 c:FRS102 2022-12-01 2023-11-30 10029156 c:AuditExempt-NoAccountantsReport 2022-12-01 2023-11-30 10029156 c:FullAccounts 2022-12-01 2023-11-30 10029156 c:PrivateLimitedCompanyLtd 2022-12-01 2023-11-30 10029156 2 2022-12-01 2023-11-30 10029156 e:PoundSterling 2022-12-01 2023-11-30 xbrli:shares iso4217:GBP xbrli:pure

Registered number: 10029156










BRIMSTONE LIVING 2 LTD








UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 30 NOVEMBER 2023

 
BRIMSTONE LIVING 2 LTD
REGISTERED NUMBER:10029156

BALANCE SHEET
AS AT 30 NOVEMBER 2023

2023
2022
Note
£
£

Current assets
  

Debtors: amounts falling due within one year
 4 
14,870
16,020

Cash at bank and in hand
 5 
4,835
32,347

Current Liabilities
  
19,705
48,367

Creditors: amounts falling due within one year
 6 
(19,286)
(34,576)

Total assets less current liabilities
  
 
 
419
 
 
13,791

Net assets
  
419
13,791


Capital and reserves
  

Called up share capital 
 7 
100
100

Profit and loss account
  
319
13,691

  
419
13,791


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 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: 




H P Copas
J D Copas
Director
Director


Date: 29 August 2024
Date:29 August 2024

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

Page 1

 
BRIMSTONE LIVING 2 LTD
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 NOVEMBER 2023

1.


General information

Brimstone Living 2 Ltd is a limited liability company incorporated in England and Wales. 
The address of its registered office is 2 Communications Road, Greenham Business Park, Greenham,
Newbury, Berkshire, RG19 6AB.

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.

 
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

Interest income

Interest income is recognised in profit or loss using the effective interest method.

 
2.4

Borrowing costs

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

Page 2

 
BRIMSTONE LIVING 2 LTD
 

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 NOVEMBER 2023

2.Accounting policies (continued)

 
2.5

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 Balance sheet. The assets of the plan are held separately from the Company in independently administered funds.

 
2.6

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 balance sheet date in the countries where the Company operates and generates income.

 
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.

 
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.

Page 3

 
BRIMSTONE LIVING 2 LTD
 

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 NOVEMBER 2023

2.Accounting policies (continued)

 
2.10

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.

Basic financial assets

Basic financial assets, which include trade and other receivables, cash and bank balances, are initially measured at their transaction price including transaction costs and are subsequently carried at their amortised cost using the effective interest method, less any provision for impairment, unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest.

Discounting is omitted where the effect of discounting is immaterial. The Company's cash and cash equivalents, trade and most other receivables due with the operating cycle fall into this category of financial instruments.

 
2.11

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 2 (2022 - 2).


4.


Debtors

2023
2022
£
£

Trade debtors
5,300
9,050

Other debtors
9,570
6,870

Called up share capital not paid
-
100

14,870
16,020



5.


Cash and cash equivalents

2023
2022
£
£

Cash at bank and in hand
4,835
32,347

Less: bank overdrafts
(17)
-

4,818
32,347


Page 4

 
BRIMSTONE LIVING 2 LTD
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 NOVEMBER 2023

6.


Creditors: amounts falling due within one year

2023
2022
£
£

Bank overdrafts
17
-

Corporation tax
2,907
5,190

Other creditors
14,882
27,386

Accruals and deferred income
1,480
2,000

19,286
34,576



7.


Share capital

2023
2022
£
£
Allotted, called up and fully paid



50 (2022 - 50) Ordinary A shares of £1 each
50
50
50 (2022 - 50) Ordinary B shares of £1 each
50
50

100

100



8.


Pension commitments

The Company operates a defined contributions pension scheme. The assets of the scheme are held separately from those of the Company in an independently administered fund. The pension cost charge represents contributions payable by the Company to the fund and amounted to £3,300 (2022 - £3,300).


9.


Related party transactions

At the year end the Company owed its directors £14,882 (2022 - £27,386). This amount is interest free, without security and repayable upon demand.


10.


Controlling party

The company is controlled by its directors.


Page 5