Caseware UK (AP4) 2023.0.135 2023.0.135 2023-12-312023-12-31truefalse2023-01-01false99trueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. 03986601 2023-01-01 2023-12-31 03986601 2022-01-01 2022-12-31 03986601 2023-12-31 03986601 2022-12-31 03986601 c:CompanySecretary1 2023-01-01 2023-12-31 03986601 c:Director1 2023-01-01 2023-12-31 03986601 c:RegisteredOffice 2023-01-01 2023-12-31 03986601 d:FurnitureFittings 2023-01-01 2023-12-31 03986601 d:FurnitureFittings 2023-12-31 03986601 d:FurnitureFittings 2022-12-31 03986601 d:FurnitureFittings d:OwnedOrFreeholdAssets 2023-01-01 2023-12-31 03986601 d:OfficeEquipment 2023-01-01 2023-12-31 03986601 d:OfficeEquipment 2023-12-31 03986601 d:OfficeEquipment 2022-12-31 03986601 d:OfficeEquipment d:OwnedOrFreeholdAssets 2023-01-01 2023-12-31 03986601 d:OwnedOrFreeholdAssets 2023-01-01 2023-12-31 03986601 d:DevelopmentCostsCapitalisedDevelopmentExpenditure 2023-12-31 03986601 d:DevelopmentCostsCapitalisedDevelopmentExpenditure 2022-12-31 03986601 d:CurrentFinancialInstruments 2023-12-31 03986601 d:CurrentFinancialInstruments 2022-12-31 03986601 d:Non-currentFinancialInstruments 2023-12-31 03986601 d:Non-currentFinancialInstruments 2022-12-31 03986601 d:CurrentFinancialInstruments d:WithinOneYear 2023-12-31 03986601 d:CurrentFinancialInstruments d:WithinOneYear 2022-12-31 03986601 d:Non-currentFinancialInstruments d:AfterOneYear 2023-12-31 03986601 d:Non-currentFinancialInstruments d:AfterOneYear 2022-12-31 03986601 d:Non-currentFinancialInstruments d:BetweenOneTwoYears 2023-12-31 03986601 d:Non-currentFinancialInstruments d:BetweenOneTwoYears 2022-12-31 03986601 d:Non-currentFinancialInstruments d:BetweenTwoFiveYears 2023-12-31 03986601 d:Non-currentFinancialInstruments d:BetweenTwoFiveYears 2022-12-31 03986601 d:ShareCapital 2023-12-31 03986601 d:ShareCapital 2022-12-31 03986601 d:RetainedEarningsAccumulatedLosses 2023-12-31 03986601 d:RetainedEarningsAccumulatedLosses 2022-12-31 03986601 c:FRS102 2023-01-01 2023-12-31 03986601 c:AuditExempt-NoAccountantsReport 2023-01-01 2023-12-31 03986601 c:FullAccounts 2023-01-01 2023-12-31 03986601 c:PrivateLimitedCompanyLtd 2023-01-01 2023-12-31 03986601 d:WithinOneYear 2023-12-31 03986601 d:WithinOneYear 2022-12-31 03986601 d:BetweenOneFiveYears 2023-12-31 03986601 d:BetweenOneFiveYears 2022-12-31 03986601 d:DevelopmentCostsCapitalisedDevelopmentExpenditure d:ExternallyAcquiredIntangibleAssets 2023-01-01 2023-12-31 03986601 6 2023-01-01 2023-12-31 03986601 d:DevelopmentCostsCapitalisedDevelopmentExpenditure d:OwnedIntangibleAssets 2023-01-01 2023-12-31 03986601 e:PoundSterling 2023-01-01 2023-12-31 iso4217:GBP xbrli:pure
Registered number: 03986601













CONSIDER SOLUTIONS LIMITED

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2023

 
CONSIDER SOLUTIONS LIMITED
 

COMPANY INFORMATION


DIRECTOR
D. French 




COMPANY SECRETARY
MCS Formations Limited



REGISTERED NUMBER
03986601



REGISTERED OFFICE
1st Floor Sackville House
143-149 Fenchurch Street

London

EC3M 6BN





 
CONSIDER SOLUTIONS LIMITED
 

CONTENTS



Page
Balance Sheet
 
1 - 2
Notes to the Financial Statements
 
3 - 9


 
CONSIDER SOLUTIONS LIMITED
REGISTERED NUMBER: 03986601

BALANCE SHEET
AS AT 31 DECEMBER 2023

2023
2022
Note
£
£

FIXED ASSETS
  

Intangible assets
 4 
437,121
438,407

Tangible assets
 5 
4,670
5,703

Investments
 6 
12,414
12,414

  
454,205
456,524

CURRENT ASSETS
  

Debtors
 7 
520,346
462,996

Cash at bank and in hand
  
262,132
317,217

  
782,478
780,213

Creditors: amounts falling due within one year
 8 
(869,479)
(853,682)

NET CURRENT LIABILITIES
  
 
 
(87,001)
 
 
(73,469)

Creditors: amounts falling due after more than one year
 9 
(15,833)
(25,833)

NET ASSETS
  
351,371
357,222


CAPITAL AND RESERVES
  

Allotted, called up and fully paid share capital
  
417,341
417,341

Profit and loss account
  
(65,970)
(60,119)

EQUITY SHAREHOLDER'S FUNDS
  
351,371
357,222


Page 1

 
CONSIDER SOLUTIONS LIMITED
REGISTERED NUMBER: 03986601

BALANCE SHEET (CONTINUED)
AS AT 31 DECEMBER 2023

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 Director's Report and the Statement of Income and Retained Earnings in accordance with provisions applicable to companies subject to the small companies regime, under section 444 of the Companies Act 2006.

The financial statements were approved and authorised for issue by the board and were signed on its behalf on
11 September 2024.




D. French
Director

The notes on pages 3 to 9 form part of these financial statements.

Page 2

 
CONSIDER SOLUTIONS LIMITED
 

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

1.


GENERAL INFORMATION

Consider Solutions Limited (company number: 03986601), having its registered office at 1st Floor Sackville House, 143-149 Fenchurch Street, London, EC3M 6BN and its trading address at Audrey House, 16/20 Ely Place, London, EC1N 6SN, is a private limited company incorporated in England and Wales.

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

STATEMENT OF CASH FLOWS

The Company has taken advantage of the exemption in Financial Reporting Standard 102, Section 1A.7 from the requirement to provide a Statement of Cash Flows on the grounds that it is a small company.

 
2.3

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.

 
2.4

INTANGIBLE ASSETS

Intangible assets are initially recognised at cost. After recognition, under the cost model, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

All intangible assets are considered to have a finite useful life. If a reliable estimate of the useful life cannot be made, the useful life shall not exceed ten years.

Page 3

 
CONSIDER SOLUTIONS LIMITED
 

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

2.ACCOUNTING POLICIES (continued)

 
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, using the straight-line method.

Depreciation is provided on the following basis:

Fixtures and fittings
-
33%
per annum
Office equipment
-
33%
per annum

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

INVESTMENTS

Investments in subsidiaries are measured at cost less accumulated impairment.

 
2.7

DEBTORS

Short-term debtors are measured at transaction price, 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.

 
2.9

CREDITORS

Short-term creditors are measured at the transaction price.

 
2.10

FOREIGN CURRENCY TRANSLATION

Functional and presentation currency

The Company's functional and presentational currency is British Pound Sterling (GBP).

Transactions and balances

Foreign currency transactions are translated into the functional currency using the spot exchange rates at the dates of the transactions.

At each period end foreign currency monetary items are translated using the closing rate. Non-monetary items measured at historical cost are translated using the exchange rate at the date of the transaction and non-monetary items measured at fair value are measured using the exchange rate when fair value was determined.

Page 4

 
CONSIDER SOLUTIONS LIMITED
 

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

2.ACCOUNTING POLICIES (continued)

 
2.11

OPERATING LEASES

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.

 
2.12

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.

 
2.13

BORROWING COSTS

All borrowing costs are recognised in the Statement of Income and Retained Earnings in the year in which they are incurred.

 
2.14

TAXATION

Tax is recognised in the Statement of Income and Retained Earnings.

The current corporation 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. Deferred tax is determined using tax rates and laws that have been enacted or substantively enacted by the Balance Sheet date.


3.


EMPLOYEES

The average monthly number of employees, including directors, during the year was 9 (2022 - 9).

Page 5

 
CONSIDER SOLUTIONS LIMITED
 

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

4.


INTANGIBLE ASSETS




Development expenditure

£



COST


At 1 January 2023
487,119


Additions
52,696



At 31 December 2023

539,815



AMORTISATION


At 1 January 2023
48,712


Charge for the year 
53,982



At 31 December 2023

102,694



NET BOOK VALUE



At 31 December 2023
437,121



At 31 December 2022
438,407



Page 6

 
CONSIDER SOLUTIONS LIMITED
 

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

5.


TANGIBLE FIXED ASSETS





Fixtures and fittings
Office equipment
Total

£
£
£



COST


At 1 January 2023
10,493
15,849
26,342


Additions
2,196
1,558
3,754



At 31 December 2023

12,689
17,407
30,096



DEPRECIATION


At 1 January 2023
5,846
14,793
20,639


Charge for the year
3,516
1,271
4,787



At 31 December 2023

9,362
16,064
25,426



NET BOOK VALUE



At 31 December 2023
3,327
1,343
4,670



At 31 December 2022
4,647
1,056
5,703


6.


FIXED ASSET INVESTMENTS





Investments in subsidiary companies

£



COST AND NET BOOK VALUE


At 1 January 2023 and 31 December 2023
12,414




Page 7

 
CONSIDER SOLUTIONS LIMITED
 

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

7.


DEBTORS

2023
2022
£
£

Due within one year

Trade debtors
430,957
359,457

Amounts owed by group undertakings
8,313
7,960

Other debtors
20,764
23,059

Prepayments and accrued income
60,312
72,520

520,346
462,996



8.


CREDITORS: Amounts falling due within one year

2023
2022
£
£

Bank loans
10,000
10,000

Trade creditors
64,432
14,927

Amounts owed to group undertakings
49,416
44,946

Corporation tax
1,131
1,135

Other taxation and social security
58,926
23,007

Other creditors
9,158
120,509

Accruals and deferred income
676,416
639,158

869,479
853,682



9.


CREDITORS: Amounts falling due after more than one year

2023
2022
£
£

Bank loans
15,833
25,833


Page 8

 
CONSIDER SOLUTIONS LIMITED
 

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

10.


LOANS


Analysis of the maturity of loans is given below:


2023
2022
£
£

AMOUNTS FALLING DUE WITHIN ONE YEAR

Bank loans
10,000
10,000

AMOUNTS FALLING DUE 1-2 YEARS

Bank loans
10,000
10,000

AMOUNTS FALLING DUE 2-5 YEARS

Bank loans
5,833
15,833


25,833
35,833


Annual interest is charged at a fixed rate of 8.60% per annum over the length of the loan.


11.


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 £65,197 
(2022: £59,778). Contributions totalling £9,158 (2022: £6,738) were payable to the fund at the Balance Sheet date and are included in creditors.


12.


OPERATING LEASE COMMITMENTS

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
69,214
44,441

Later than 1 year and not later than 5 years
113,466
-

182,680
44,441


13.


RELATED PARTY TRANSACTIONS

Included within amounts owed to group undertakings are amounts due to companies over which the Company has control of £49,416 (2022: £44,946).
Included within amounts owed by group undertakings are amounts due from companies over which the Company has control of £8,313 
(2022: £7,960).


Page 9