Caseware UK (AP4) 2023.0.135 2023.0.135 2023-12-312023-12-31The company's principal activity continued to be that of agents to printers and publishers.false2023-01-012falsetrue2trueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. 02799952 2023-01-01 2023-12-31 02799952 2022-01-01 2022-12-31 02799952 2023-12-31 02799952 2022-12-31 02799952 c:Director1 2023-01-01 2023-12-31 02799952 c:Director2 2023-01-01 2023-12-31 02799952 d:OfficeEquipment 2023-01-01 2023-12-31 02799952 d:OfficeEquipment 2023-12-31 02799952 d:OfficeEquipment 2022-12-31 02799952 d:CurrentFinancialInstruments 2023-12-31 02799952 d:CurrentFinancialInstruments 2022-12-31 02799952 d:CurrentFinancialInstruments d:WithinOneYear 2023-12-31 02799952 d:CurrentFinancialInstruments d:WithinOneYear 2022-12-31 02799952 d:ShareCapital 2023-12-31 02799952 d:ShareCapital 2022-12-31 02799952 d:RetainedEarningsAccumulatedLosses 2023-12-31 02799952 d:RetainedEarningsAccumulatedLosses 2022-12-31 02799952 c:OrdinaryShareClass1 2023-01-01 2023-12-31 02799952 c:OrdinaryShareClass1 2023-12-31 02799952 c:OrdinaryShareClass1 2022-12-31 02799952 c:FRS102 2023-01-01 2023-12-31 02799952 c:AuditExempt-NoAccountantsReport 2023-01-01 2023-12-31 02799952 c:FullAccounts 2023-01-01 2023-12-31 02799952 c:PrivateLimitedCompanyLtd 2023-01-01 2023-12-31 02799952 2 2023-01-01 2023-12-31 02799952 e:PoundSterling 2023-01-01 2023-12-31 xbrli:shares iso4217:GBP xbrli:pure
Registered number: 02799952


ASSOCIATED AGENCIES LIMITED








UNAUDITED

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2023

 
ASSOCIATED AGENCIES LIMITED
REGISTERED NUMBER: 02799952

BALANCE SHEET
AS AT 31 DECEMBER 2023

2023
2022
Note
£
£

  

Current assets
  

Debtors: amounts falling due within one year
 5 
44
123

Cash at bank and in hand
 6 
8,347
7,487

  
8,391
7,610

Creditors: amounts falling due within one year
 7 
(17,705)
(11,937)

Net current liabilities
  
 
 
(9,314)
 
 
(4,327)

Total assets less current liabilities
  
(9,314)
(4,327)

  

Net liabilities
  
(9,314)
(4,327)


Capital and reserves
  

Called up share capital 
 8 
100
100

Profit and loss account
  
(9,414)
(4,427)

  
(9,314)
(4,327)


Page 1

 
ASSOCIATED AGENCIES LIMITED
REGISTERED NUMBER: 02799952
    
BALANCE SHEET (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: 




................................................
Mr Roy Thomas
................................................
Mrs Valerie Thomas
Director
Director


Date: 15 September 2024
Date:15 September 2024

The notes on pages 3 to 7 form part of these financial statements.

Page 2

 
ASSOCIATED AGENCIES LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023

1.


General information

Associated Agencies Limited is a private limited company trading in the UK, with a registration number of 02799952. 
The registered office is 32 Abelwood Road, Long Hanborough, Witney, Oxfordshire, OX29 8DD.

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

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'.

Page 3

 
ASSOCIATED AGENCIES LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023

2.Accounting policies (continued)

 
2.3

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.

 
2.4

Interest income

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

Page 4

 
ASSOCIATED AGENCIES 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:

Office equipment
-
3 years

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

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.

 
2.7

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.

 
2.8

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.


3.


Employees

The average monthly number of employees, including directors, during the year was 2 (2022 - 2).

Page 5

 
ASSOCIATED AGENCIES LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023

4.


Tangible fixed assets





Office equipment

£



Cost or valuation


At 1 January 2023
15,909



At 31 December 2023

15,909



Depreciation


At 1 January 2023
15,909



At 31 December 2023

15,909



Net book value



At 31 December 2023
-



At 31 December 2022
-


5.


Debtors

2023
2022
£
£


Other debtors
44
123

44
123



6.


Cash and cash equivalents

2023
2022
£
£

Cash at bank and in hand
8,347
7,487

8,347
7,487


Page 6

 
ASSOCIATED AGENCIES LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023

7.


Creditors: Amounts falling due within one year

2023
2022
£
£

Directors loans and expenses
16,505
10,572

Accruals and deferred income
1,200
1,365

17,705
11,937



8.


Share capital

2023
2022
£
£
Authorised, allotted, called up and fully paid



100 (2022 - 100) Ordinary shares of £1.00 each
100
100



9.


Controlling party

The ultimate controlling party of Associated Agencies Limited are owners Mr. Roy and Mrs. Valerie Thomas who own 50% of the company each.

 
Page 7