Caseware UK (AP4) 2023.0.135 2023.0.135 2023-12-312023-12-31The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.2023-01-01false76falsetruefalse 13249188 2023-01-01 2023-12-31 13249188 2022-01-01 2022-12-31 13249188 2023-12-31 13249188 2022-12-31 13249188 c:Director2 2023-01-01 2023-12-31 13249188 d:OfficeEquipment 2023-01-01 2023-12-31 13249188 d:OfficeEquipment 2023-12-31 13249188 d:OfficeEquipment 2022-12-31 13249188 d:OfficeEquipment d:OwnedOrFreeholdAssets 2023-01-01 2023-12-31 13249188 d:ComputerEquipment 2023-01-01 2023-12-31 13249188 d:ComputerEquipment 2023-12-31 13249188 d:ComputerEquipment 2022-12-31 13249188 d:ComputerEquipment d:OwnedOrFreeholdAssets 2023-01-01 2023-12-31 13249188 d:OwnedOrFreeholdAssets 2023-01-01 2023-12-31 13249188 d:CurrentFinancialInstruments 2023-12-31 13249188 d:CurrentFinancialInstruments 2022-12-31 13249188 d:CurrentFinancialInstruments d:WithinOneYear 2023-12-31 13249188 d:CurrentFinancialInstruments d:WithinOneYear 2022-12-31 13249188 c:FRS102 2023-01-01 2023-12-31 13249188 c:AuditExempt-NoAccountantsReport 2023-01-01 2023-12-31 13249188 c:FullAccounts 2023-01-01 2023-12-31 13249188 c:CompanyLimitedByGuarantee 2023-01-01 2023-12-31 13249188 d:WithinOneYear 2023-12-31 13249188 d:WithinOneYear 2022-12-31 13249188 d:BetweenOneFiveYears 2023-12-31 13249188 d:BetweenOneFiveYears 2022-12-31 13249188 d:MoreThanFiveYears 2023-12-31 13249188 d:MoreThanFiveYears 2022-12-31 13249188 e:PoundSterling 2023-01-01 2023-12-31 iso4217:GBP xbrli:pure
Registered number: 13249188









DELEGATION OF THE GOVERNMENT OF CATALONIA TO THE UNITED KINGDOM LTD
(A Company Limited by Guarantee)

UNAUDITED

FINANCIAL STATEMENTS
INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 31 DECEMBER 2023

 
DELEGATION OF THE GOVERNMENT OF CATALONIA TO THE UNITED KINGDOM LTD
 
(A Company Limited by Guarantee)
REGISTERED NUMBER: 13249188

BALANCE SHEET
AS AT 31 DECEMBER 2023

2023
2022
Note
£
£

Fixed assets
  

Tangible assets
 4 
3,879
7,419

  
3,879
7,419

Current assets
  

Debtors: amounts falling due within one year
 5 
7,146
1,980

  
7,146
1,980

Creditors: amounts falling due within one year
 6 
(11,025)
(9,399)

Net current liabilities
  
 
 
(3,879)
 
 
(7,419)

Total assets less current liabilities
  
-
-

  

Net assets
  
-
-



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 Company's financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

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 on 2 September 2024.


Francesc Claret Traid
Director

The notes on pages 2 to 7 form part of these financial statements.

Page 1

 
DELEGATION OF THE GOVERNMENT OF CATALONIA TO THE UNITED KINGDOM LTD

(A Company Limited by Guarantee)
 

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

1.


General information

Delegation of the Government of Catalonia to the United Kingdom Ltd is a private company limited by guarantee incorporated in England within the United Kingdom. The address of the registered office is Causeway House, 1 Dane Street, Bishop's Stortford, Hertfordshire, CM23 3BT. The company is not part of a group.

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 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

The directors consider that the continued support to the company from the Government of Catalonia will be sufficient for it to be able to continue as a going concern. The financial statements do not contain any adjustments that would be required if the company were not able to continue as a going concern.

 
2.3

Operating leases: the Company as lessee

Rentals paid under operating leases are charged to the Statement of Income and Retained Earnings 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.

 
2.4

Other operating income

Grants are accounted under the accruals model as permitted by FRS 102.
Grants of a revenue nature are recognised in the Statement of Income and Retained Earnings in the same period as the related expenditure.

 
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 the Statement of Income and Retained Earnings 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.

Page 2

 
DELEGATION OF THE GOVERNMENT OF CATALONIA TO THE UNITED KINGDOM LTD

(A Company Limited by Guarantee)
 

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

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.

Depreciation is provided on the following basis:

Office equipment
-
25%
Reducing balance
Computer equipment
-
33%
Straight line

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 the Statement of Income and Retained Earnings.

 
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

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.

 
2.9

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 Balance Sheet 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.

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.

Page 3

 
DELEGATION OF THE GOVERNMENT OF CATALONIA TO THE UNITED KINGDOM LTD

(A Company Limited by Guarantee)
 

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

2.Accounting policies (continued)


2.9
Financial instruments (continued)

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.

Impairment of financial assets

Financial assets are assessed for indicators of impairment at each reporting date. 

Financial assets are impaired when events, subsequent to their initial recognition, indicate the estimated future cash flows derived from the financial asset(s) have been adversely impacted. The impairment loss will be the difference between the current carrying amount and the present value of the future cash flows at the asset(s) original effective interest rate.

If there is a favourable change in relation to the events surrounding the impairment loss then the impairment can be reviewed for possible reversal. The reversal will not cause the current carrying amount to exceed the original carrying amount had the impairment not been recognised. The impairment reversal is recognised in the profit or loss.

Financial liabilities

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instruments any contract that evidences a residual interest in the assets of the Company after the deduction of all its liabilities.

Basic financial liabilities, which include trade and other payables, bank loans and other loans are initially measured at their transaction price after transaction costs. When this constitutes a financing transaction, whereby the debt instrument 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.

Debt instruments are subsequently carried at their amortised cost using the effective interest rate method.

Trade payables are obligations to pay for goods and services that have been acquired in the ordinary course of business from suppliers. Trade payables are classified as current liabilities if the payment is due within one year. If not, they represent non-current liabilities. Trade payables are initially recognised at their transaction price and subsequently are measured at amortised cost using the effective interest method. Discounting is omitted where the effect of discounting is immaterial.

Derecognition of financial instruments

Derecognition of financial assets

Financial assets are derecognised when their contractual right to future cash flow expire, or are settled, or when the Company transfers the asset and substantially all the risks and rewards of ownership to another party. If significant risks and rewards of ownership are retained after the transfer to another party, then the Company will continue to recognise the value of the portion of the risks and rewards retained.
.
Page 4

 
DELEGATION OF THE GOVERNMENT OF CATALONIA TO THE UNITED KINGDOM LTD

(A Company Limited by Guarantee)
 

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

2.Accounting policies (continued)


2.9
Financial instruments (continued)


Derecognition of financial liabilities

Financial liabilities are derecognised when the Company's contractual obligations expire or are discharged or cancelled.


3.


Employees

The average monthly number of employees, including directors, during the year was 7 (2022 -6).


4.


Tangible fixed assets





Office equipment
Computer equipment
Total

£
£
£



Cost or valuation


At 1 January 2023
5,996
8,195
14,191


Additions
-
419
419



At 31 December 2023

5,996
8,614
14,610



Depreciation


At 1 January 2023
1,434
5,338
6,772


Charge for the year on owned assets
1,140
2,819
3,959



At 31 December 2023

2,574
8,157
10,731



Net book value



At 31 December 2023
3,422
457
3,879



At 31 December 2022
4,562
2,857
7,419

Page 5

 
DELEGATION OF THE GOVERNMENT OF CATALONIA TO THE UNITED KINGDOM LTD

(A Company Limited by Guarantee)
 

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

5.


Debtors

2023
2022
£
£


Amounts owed by group undertakings
5,004
-

Prepayments and accrued income
2,142
1,980

7,146
1,980



6.


Creditors: Amounts falling due within one year

2023
2022
£
£

Trade creditors
5,729
-

Amounts owed to group undertakings
-
2,728

Other taxation and social security
-
25

Other creditors
1,336
1,092

Accruals and deferred income
3,960
5,554

11,025
9,399




7.


Company status

The company is a private company limited by guarantee and consequently does not have share capital. Each of the members is liable to contribute an amount not exceeding £1 towards the assets of the company in the event of liquidation.


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 £3,535 (2022 - £3,448).
Contributions totalling £1,336 (2022 - £1,092) were owed to the fund at the balance sheet date.

Page 6

 
DELEGATION OF THE GOVERNMENT OF CATALONIA TO THE UNITED KINGDOM LTD

(A Company Limited by Guarantee)
 

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

9.


Commitments under operating leases

At 31 December 2023 the Company had future minimum lease payments due under non-cancellable operating leases for each of the following periods:

2023
2022
£
£


Not later than 1 year
77,421
77,421

Later than 1 year and not later than 5 years
309,685
309,685

Later than 5 years
-
77,421

387,106
464,527


10.


Related party transactions

During the year the company operated a loan account with the Government of Catalonia. This loan is interest free and repayable on demand.


2023
2022
£
£

Amount owed from/(to) the Government of Catalonia
5,004
(2,728)
5,004
(2,728)


Page 7