Caseware UK (AP4) 2023.0.135 2023.0.135 2023-12-312023-12-31falsetrueNo description of principal activitytrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.2023-01-0100 12432153 2023-01-01 2023-12-31 12432153 2022-01-01 2022-12-31 12432153 2023-12-31 12432153 2022-12-31 12432153 c:Director1 2023-01-01 2023-12-31 12432153 d:CurrentFinancialInstruments 2023-12-31 12432153 d:CurrentFinancialInstruments 2022-12-31 12432153 d:CurrentFinancialInstruments d:WithinOneYear 2023-12-31 12432153 d:CurrentFinancialInstruments d:WithinOneYear 2022-12-31 12432153 d:ShareCapital 2023-12-31 12432153 d:ShareCapital 2022-12-31 12432153 d:RetainedEarningsAccumulatedLosses 2023-12-31 12432153 d:RetainedEarningsAccumulatedLosses 2022-12-31 12432153 c:FRS102 2023-01-01 2023-12-31 12432153 c:AuditExempt-NoAccountantsReport 2023-01-01 2023-12-31 12432153 c:FullAccounts 2023-01-01 2023-12-31 12432153 c:PrivateLimitedCompanyLtd 2023-01-01 2023-12-31 12432153 d:WithinOneYear 2023-12-31 12432153 d:WithinOneYear 2022-12-31 iso4217:GBP xbrli:pure
Registered number: 12432153









CG SPECIALIST TALENT LIMITED
UNAUDITED
FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023














 
CG SPECIALIST TALENT LIMITED
REGISTERED NUMBER:12432153

BALANCE SHEET
AS AT 31 DECEMBER 2023

2023
2022
Note
£
£

  

Current assets
  

Debtors: amounts falling due within one year
 4 
-
1,294

Cash at bank and in hand
  
42
1,159

  
42
2,453

Creditors: amounts falling due within one year
 5 
(27,934)
(29,640)

Net current liabilities
  
 
 
(27,892)
 
 
(27,187)

Total assets less current liabilities
  
(27,892)
(27,187)

  

Net liabilities
  
(27,892)
(27,187)


Capital and reserves
  

Called up share capital 
  
100
100

Profit and loss account
  
(27,992)
(27,287)

  
(27,892)
(27,187)


Page 1

 
CG SPECIALIST TALENT LIMITED
REGISTERED NUMBER:12432153
    
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 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 19 September 2024.




P Golby
Director

The notes on pages 3 to 5 form part of these financial statements.

Page 2

 
CG SPECIALIST TALENT LIMITED
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023

1.


General information

CG Specialist Talent Limited is a private company, limited by shares, domiciled in England and Wales, registration number 12432153. The registered office is Artavia House, Queen Street, Barnstaple, EX32 8HG.

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

Going concern

The accounts at 31 December 2023 show a a net liability position of £27,328 (2022 - £27,187). The director has considered the financial position of the company and has decided to cease trading. The accounts have been prepared on the break-up basis.

 
2.3

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.

 
2.4

Borrowing costs

All borrowing costs are recognised in profit or loss in the year in which they are incurred.

 
2.5

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.

 
2.6

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.

 
2.7

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.

Page 3

 
CG SPECIALIST TALENT LIMITED
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023

2.Accounting policies (continued)

 
2.8

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.

Financial assets that are measured at cost and amortised cost are assessed at the end of each reporting period for objective evidence of impairment. If objective evidence of impairment is found, an impairment loss is recognised in the Statement of income and retained earnings.

For financial assets measured at cost less impairment, the impairment loss is measured as the difference between an asset's carrying amount and best estimate of the recoverable amount, which is an approximation of the amount that the Company would receive for the asset if it were to be sold at the balance sheet date.

Financial assets and liabilities are offset and the net amount reported in the Balance sheet when there is an enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.


3.


Employees

The Company has no employees other than the directors, who did not receive any remuneration (2022 - £NIL).


4.


Debtors

2023
2022
£
£


Other debtors
-
1,294

-
1,294



5.


Creditors: Amounts falling due within one year

2023
2022
£
£

Bank loans
3,204
4,737

Other taxation and social security
11,506
11,152

Other creditors
12,859
12,895

Accruals and deferred income
365
856

27,934
29,640


Page 4

 
CG SPECIALIST TALENT LIMITED
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023

6.


Commitments under operating leases

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
-
3,667

-
3,667

 
Page 5