Caseware UK (AP4) 2023.0.135 2023.0.135 2024-06-302024-06-30The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.No description of principal activityfalse2023-06-07false20falsetrue 14920365 2023-06-06 14920365 2023-06-07 2024-06-30 14920365 2022-06-07 2023-06-06 14920365 2024-06-30 14920365 c:Director1 2023-06-07 2024-06-30 14920365 d:FurnitureFittings 2023-06-07 2024-06-30 14920365 d:FurnitureFittings 2024-06-30 14920365 d:FurnitureFittings d:OwnedOrFreeholdAssets 2023-06-07 2024-06-30 14920365 d:CurrentFinancialInstruments 2024-06-30 14920365 d:CurrentFinancialInstruments d:WithinOneYear 2024-06-30 14920365 d:ShareCapital 2024-06-30 14920365 d:RetainedEarningsAccumulatedLosses 2024-06-30 14920365 d:AcceleratedTaxDepreciationDeferredTax 2024-06-30 14920365 c:FRS102 2023-06-07 2024-06-30 14920365 c:AuditExemptWithAccountantsReport 2023-06-07 2024-06-30 14920365 c:FullAccounts 2023-06-07 2024-06-30 14920365 c:PrivateLimitedCompanyLtd 2023-06-07 2024-06-30 14920365 e:PoundSterling 2023-06-07 2024-06-30 iso4217:GBP xbrli:pure

Registered number: 14920365










ON MY CUE LIMITED








UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE PERIOD ENDED 30 JUNE 2024

 
ON MY CUE LIMITED
 
  
CHARTERED ACCOUNTANTS' REPORT TO THE DIRECTOR ON THE PREPARATION OF THE UNAUDITED STATUTORY FINANCIAL STATEMENTS OF ON MY CUE LIMITED
FOR THE PERIOD ENDED 30 JUNE 2024

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of On My Cue Limited for the period ended 30 June 2024 which comprise  the Balance sheet, the Statement of changes in equity and the related notes from the Company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW)we are subject to its ethical and other professional requirements which are detailed at https://www.icaew.com /regulation.

This report is made solely to the director of On My Cue Limited in accordance with the terms of our engagement letter dated 2 August 2023Our work has been undertaken solely to prepare for your approval the financial statements of On My Cue Limited and state those matters that we have agreed to state to the director of On My Cue Limited in this report in accordance with ICAEW Technical Release TECH07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than On My Cue Limited and its director for our work or for this report. 

It is your duty to ensure that On My Cue Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of On My Cue Limited. You consider that On My Cue Limited is exempt from the statutory audit requirement for the period.

We have not been instructed to carry out an audit or review of the financial statements of On My Cue Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.

  



MWS
 
Chartered Accountants
  
601 London Road
Westcliff on Sea
Essex
SS0 9PE
28 August 2024
Page 1

 
ON MY CUE LIMITED
REGISTERED NUMBER: 14920365

BALANCE SHEET
AS AT 30 JUNE 2024

2024
Note
£

Fixed assets
  

Tangible assets
  
6,462

  
6,462

Current assets
  

Debtors: amounts falling due within one year
  
12,377

Cash at bank and in hand
  
10,429

  
22,806

Creditors: amounts falling due within one year
  
(6,976)

Net current assets
  
 
 
15,830

Total assets less current liabilities
  
22,292

Provisions for liabilities
  

Deferred tax
  
(1,228)

  
 
 
(1,228)

Net assets
  
21,064


Capital and reserves
  

Called up share capital 
  
10

Profit and loss account
  
21,054

  
21,064


Page 2

 
ON MY CUE LIMITED
REGISTERED NUMBER: 14920365

BALANCE SHEET (CONTINUED)
AS AT 30 JUNE 2024

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 period 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 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 28 August 2024.




S. L. Essex
Director

The notes on pages 4 to 9 form part of these financial statements.

Page 3

 
ON MY CUE LIMITED
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 30 JUNE 2024

1.


General information

On My Cue Limited is a private limited company incorporated in England and Wales. It's registered office iis Flat B, 32 Warley Mount, Warley, Brentwood, Essex Cm14 5EN..

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 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

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

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 4

 
ON MY CUE LIMITED
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 30 JUNE 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 Balance sheet. 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 period 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 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 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 balance sheet date.

 
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.

Page 5

 
ON MY CUE LIMITED
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 30 JUNE 2024

2.Accounting policies (continued)


2.6
Tangible fixed assets (continued)

Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, on a reducing balance basis.

Depreciation is provided on the following basis:

Fixtures and fittings
-
25%
Reducing balance

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

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.

 
2.10

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.

 
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.

Page 6

 
ON MY CUE LIMITED
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 30 JUNE 2024

3.


Employees

2024
£

Wages and salaries
25,200

Cost of defined contribution scheme
4,000

29,200


The average monthly number of employees, including the director, during the period was as follows:


        2024
            No.






Director
1



Administration
1

2


4.


Tangible fixed assets





Fixtures and fittings

£



Cost or valuation


Additions
6,619



At 30 June 2024

6,619



Depreciation


Charge for the period on owned assets
157



At 30 June 2024

157



Net book value



At 30 June 2024
6,462


5.


Debtors

2024
£


Trade debtors
12,221

Prepayments and accrued income
156
Page 7

 
ON MY CUE LIMITED
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 30 JUNE 2024

5.Debtors (continued)


12,377



6.


Cash and cash equivalents

2024
£

Cash at bank and in hand
10,429

10,429



7.


Creditors: Amounts falling due within one year

2024
£

Trade creditors
2,100

Corporation tax
4,872

Other creditors
4

6,976



8.


Deferred taxation



2024


£






Charged to profit or loss
1,228



At end of year
1,228

The deferred taxation balance is made up as follows:

2024
£


Accelerated capital allowances
1,228

1,228

Page 8

 
ON MY CUE LIMITED
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 30 JUNE 2024

9.


Related party transactions

During the period dividends of £4,700 were paid to the director.


Page 9