Caseware UK (AP4) 2023.0.135 2023.0.135 2023-12-312023-12-31false2023-01-01The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.No description of principal activity72truetrue 13711990 2023-01-01 2023-12-31 13711990 2023-12-31 13711990 2021-10-29 2022-12-31 13711990 2022-12-31 13711990 c:Director1 2023-01-01 2023-12-31 13711990 c:RegisteredOffice 2023-01-01 2023-12-31 13711990 d:CurrentFinancialInstruments 2023-12-31 13711990 d:CurrentFinancialInstruments 2022-12-31 13711990 d:CurrentFinancialInstruments d:WithinOneYear 2023-12-31 13711990 d:CurrentFinancialInstruments d:WithinOneYear 2022-12-31 13711990 d:ShareCapital 2023-12-31 13711990 d:ShareCapital 2022-12-31 13711990 d:RetainedEarningsAccumulatedLosses 2023-12-31 13711990 d:RetainedEarningsAccumulatedLosses 2022-12-31 13711990 c:FRS102 2023-01-01 2023-12-31 13711990 c:AuditExempt-NoAccountantsReport 2023-01-01 2023-12-31 13711990 c:FullAccounts 2023-01-01 2023-12-31 13711990 c:PrivateLimitedCompanyLtd 2023-01-01 2023-12-31 iso4217:GBP xbrli:pure
Company registration number: 13711990







UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED
31 DECEMBER 2023


MRS MANAGEMENT U.K. LIMITED






































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MRS MANAGEMENT U.K. LIMITED
 


 
COMPANY INFORMATION


Director
M Boisnard 




Registered number
13711990



Registered office
Suite A 1st Floor Midas House
62 Goldsworth Road

Woking

Surrey

GU21 6LQ




Accountants
Menzies LLP
Chartered Accountants

1st Floor

Midas House

62 Goldsworth Road

Woking

Surrey

GU21 6LQ





 


MRS MANAGEMENT U.K. LIMITED
 



CONTENTS



Page
Statement of financial position
1
Notes to the financial statements
2 - 4


 


MRS MANAGEMENT U.K. LIMITED
REGISTERED NUMBER:13711990



STATEMENT OF FINANCIAL POSITION
AS AT 31 DECEMBER 2023

2023
2022
Note
£
£

  

Current assets
  

Debtors: amounts falling due within one year
 4 
261,912
248,811

Cash at bank and in hand
  
21,459
52,711

  
283,371
301,522

Creditors: amounts falling due within one year
 5 
(280,523)
(273,864)

Net current assets
  
 
 
2,848
 
 
27,658

Total assets less current liabilities
  
2,848
27,658

  

Net assets
  
2,848
27,658


Capital and reserves
  

Allotted, called up and fully paid share capital
  
10,000
10,000

Profit and loss account
  
(7,152)
17,658

  
2,848
27,658


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 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: 




................................................
M Boisnard
Director

Date: 12 September 2024

The notes on pages 2 to 4 form part of these financial statements.
Page 1

 


MRS MANAGEMENT U.K. LIMITED
 


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

1.


General information

MRS Management U.K. Limited is a private Company limited by shares incorporated in the United Kingdom under the Companies Act 2006 and is registered in England and Wales. The address of the Company's registered office is shown on the company information page and there is no principal place of business.
The company was incorporated on 29 October 2021 and therefore the prior period includes results for a 14 month period.

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

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.

 
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

Finance costs

Finance costs are charged to profit or loss over the term of the debt using the effective interest method so that the amount charged is at a constant rate on the carrying amount. Issue costs are initially recognised as a reduction in the proceeds of the associated capital instrument.

Page 2

 


MRS MANAGEMENT U.K. LIMITED
 


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

2.Accounting policies (continued)

 
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 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.

 
2.6

Taxation

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.

 
2.7

Financial instruments

The Company only enters into basic financial instrument transactions that result in the recognition of financial assets and liabilities like trade and other debtors and creditors, loans from banks and other third parties, loans to related parties and investments in ordinary shares.


3.


Employees

The average monthly number of employees, including directors, during the year was 7 (2022 - 2).


4.


Debtors

2023
2022
£
£


Trade debtors
205,541
239,573

Other debtors
30,546
8,413

Prepayments and accrued income
25,825
825

261,912
248,811


Page 3

 


MRS MANAGEMENT U.K. LIMITED
 


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

5.


Creditors: Amounts falling due within one year

2023
2022
£
£

Trade creditors
214,535
102,633

Amounts owed to group undertakings
29,419
49,451

Corporation tax
-
4,648

Other taxation and social security
-
7,713

Accruals and deferred income
36,569
109,419

280,523
273,864



6.


Parent company

The parent company is MRS Management SA. The address of their registered office is: Av. de la Praille 50, 1227 Carouge, Switzerland.

 
Page 4