Caseware UK (AP4) 2023.0.135 2023.0.135 2023-12-312023-12-312023-01-01The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.falseNo description of principal activity98truetruefalse 07076591 2023-01-01 2023-12-31 07076591 2022-01-01 2022-12-31 07076591 2023-12-31 07076591 2022-12-31 07076591 c:Director1 2023-01-01 2023-12-31 07076591 c:Director2 2023-01-01 2023-12-31 07076591 d:FurnitureFittings 2023-01-01 2023-12-31 07076591 d:FurnitureFittings 2023-12-31 07076591 d:FurnitureFittings 2022-12-31 07076591 d:FurnitureFittings d:OwnedOrFreeholdAssets 2023-01-01 2023-12-31 07076591 d:ComputerEquipment 2023-01-01 2023-12-31 07076591 d:ComputerEquipment 2023-12-31 07076591 d:ComputerEquipment 2022-12-31 07076591 d:ComputerEquipment d:OwnedOrFreeholdAssets 2023-01-01 2023-12-31 07076591 d:OwnedOrFreeholdAssets 2023-01-01 2023-12-31 07076591 d:CurrentFinancialInstruments 2023-12-31 07076591 d:CurrentFinancialInstruments 2022-12-31 07076591 d:CurrentFinancialInstruments d:WithinOneYear 2023-12-31 07076591 d:CurrentFinancialInstruments d:WithinOneYear 2022-12-31 07076591 d:ShareCapital 2023-12-31 07076591 d:ShareCapital 2022-12-31 07076591 d:RetainedEarningsAccumulatedLosses 2023-12-31 07076591 d:RetainedEarningsAccumulatedLosses 2022-12-31 07076591 c:FRS102 2023-01-01 2023-12-31 07076591 c:AuditExempt-NoAccountantsReport 2023-01-01 2023-12-31 07076591 c:FullAccounts 2023-01-01 2023-12-31 07076591 c:PrivateLimitedCompanyLtd 2023-01-01 2023-12-31 07076591 2 2023-01-01 2023-12-31 07076591 d:AcceleratedTaxDepreciationDeferredTax 2023-12-31 07076591 d:AcceleratedTaxDepreciationDeferredTax 2022-12-31 07076591 d:OtherDeferredTax 2023-12-31 07076591 d:OtherDeferredTax 2022-12-31 07076591 e:PoundSterling 2023-01-01 2023-12-31 iso4217:GBP xbrli:pure

Registered number: 07076591










TUCKER STONE LIMITED








UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 31 DECEMBER 2023

 
TUCKER STONE LIMITED
REGISTERED NUMBER: 07076591

STATEMENT OF FINANCIAL POSITION
AS AT 31 DECEMBER 2023

2023
2022
Note
£
£

Fixed assets
  

Tangible assets
 4 
10,028
14,440

  
10,028
14,440

Current assets
  

Debtors: amounts falling due within one year
 5 
440,899
206,734

Cash at bank and in hand
  
519,067
956,299

  
959,966
1,163,033

Creditors: amounts falling due within one year
 6 
(428,321)
(441,966)

Net current assets
  
 
 
531,645
 
 
721,067

Total assets less current liabilities
  
541,673
735,507

Provisions for liabilities
  

Deferred tax
 7 
(1,073)
(2,192)

  
 
 
(1,073)
 
 
(2,192)

Net assets
  
540,600
733,315


Capital and reserves
  

Called up share capital 
  
102
102

Profit and loss account
  
540,498
733,213

  
540,600
733,315


Page 1

 
TUCKER STONE LIMITED
REGISTERED NUMBER: 07076591
    
STATEMENT OF FINANCIAL POSITION (CONTINUED)
AS AT 31 DECEMBER 2023

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: 






H R G Tucker
O E K R Stone
Director
Director


Date: 10 September 2024
Date:10 September 2024

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

Page 2

 
TUCKER STONE LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023

1.


General information

The company, which which was incorporated and registered in England & Wales (registered number 07076591), is a privately owned company limited by shares. The registered office is Wey Court West, Union Road, Farnham, Surrey, GU9 7PT.

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 following principal accounting policies have been applied:

 
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

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.

Page 3

 
TUCKER STONE LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023

2.Accounting policies (continued)


2.3
Tangible fixed assets (continued)

Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, as detailed below.

Depreciation is provided on the following basis:

Fixtures & fittings
-
25% reducing balance
Computer equipment
-
3 years 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 profit or loss.

 
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.

 
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.

 
2.6

Creditors

Short term creditors are measured at the transaction price. Other financial liabilities, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

 
2.7

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.

Page 4

 
TUCKER STONE LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023

2.Accounting policies (continued)

 
2.8

Foreign currency translation

Functional and presentation currency

The Company's functional and presentational currency is 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.

Foreign exchange gains and losses resulting from the settlement of transactions and from the translation at period-end exchange rates of monetary assets and liabilities denominated in foreign currencies are recognised in profit or loss except when deferred in other comprehensive income as qualifying cash flow hedges.

Foreign exchange gains and losses that relate to borrowings and cash and cash equivalents are presented in the Statement of Income and Retained Earnings within 'finance income or costs'. All other foreign exchange gains and losses are presented in profit or loss within 'other operating income'.

 
2.9

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.

 
2.10

Interest income

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

 
2.11

Provisions for liabilities

Provisions are recognised when an event has taken place that gives rise to a legal or constructive obligation, a transfer of economic benefits is probable and a reliable estimate can be made.
Provisions are measured as the best estimate of the amount required to settle the obligation, taking into account the related risks and uncertainties.
 
Increases in provisions are generally charged as an expense to profit or loss.

Page 5

 
TUCKER STONE LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023

2.Accounting policies (continued)

 
2.12

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 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.


3.


Employees

The average monthly number of employees, including directors, during the year was 9 (2022 - 8).

Page 6

 
TUCKER STONE LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023

4.


Tangible fixed assets





Fixtures & fittings
Computer equipment
Total

£
£
£



Cost or valuation


At 1 January 2023
8,803
38,203
47,006


Additions
-
2,374
2,374



At 31 December 2023

8,803
40,577
49,380



Depreciation


At 1 January 2023
7,356
25,210
32,566


Charge for the year on owned assets
362
6,424
6,786



At 31 December 2023

7,718
31,634
39,352



Net book value



At 31 December 2023
1,085
8,943
10,028



At 31 December 2022
1,447
12,993
14,440


5.


Debtors

2023
2022
£
£


Trade debtors
403,624
182,252

Other debtors
20,354
18,720

Prepayments and accrued income
16,921
5,762

440,899
206,734


Page 7

 
TUCKER STONE LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023

6.


Creditors: Amounts falling due within one year

2023
2022
£
£

Trade creditors
1,778
1,498

Corporation tax
175,998
206,112

Other taxation and social security
81,775
71,558

Other creditors
19,251
14,561

Accruals and deferred income
149,519
148,237

428,321
441,966



7.


Deferred taxation




2023


£






At beginning of year
(2,192)


Charged to profit or loss
1,119



At end of year
(1,073)

The provision for deferred taxation is made up as follows:

2023
2022
£
£


Accelerated capital allowances
(2,192)
(3,610)

Provisions timing difference
1,119
1,418

(1,073)
(2,192)

 
Page 8