Caseware UK (AP4) 2023.0.135 2023.0.135 2024-03-312024-03-31false2023-04-01No description of principal activity22truetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.false 06545541 2023-04-01 2024-03-31 06545541 2022-04-01 2023-03-31 06545541 2024-03-31 06545541 2023-03-31 06545541 c:Director1 2023-04-01 2024-03-31 06545541 d:Buildings 2023-04-01 2024-03-31 06545541 d:Buildings 2024-03-31 06545541 d:Buildings 2023-03-31 06545541 d:Buildings d:OwnedOrFreeholdAssets 2023-04-01 2024-03-31 06545541 d:OfficeEquipment 2023-04-01 2024-03-31 06545541 d:OtherPropertyPlantEquipment 2023-04-01 2024-03-31 06545541 d:OtherPropertyPlantEquipment 2024-03-31 06545541 d:OtherPropertyPlantEquipment 2023-03-31 06545541 d:OtherPropertyPlantEquipment d:OwnedOrFreeholdAssets 2023-04-01 2024-03-31 06545541 d:OwnedOrFreeholdAssets 2023-04-01 2024-03-31 06545541 d:Goodwill 2023-04-01 2024-03-31 06545541 d:Goodwill 2024-03-31 06545541 d:Goodwill 2023-03-31 06545541 d:CurrentFinancialInstruments 2024-03-31 06545541 d:CurrentFinancialInstruments 2023-03-31 06545541 d:Non-currentFinancialInstruments 2024-03-31 06545541 d:Non-currentFinancialInstruments 2023-03-31 06545541 d:CurrentFinancialInstruments d:WithinOneYear 2024-03-31 06545541 d:CurrentFinancialInstruments d:WithinOneYear 2023-03-31 06545541 d:ShareCapital 2024-03-31 06545541 d:ShareCapital 2023-03-31 06545541 d:RetainedEarningsAccumulatedLosses 2024-03-31 06545541 d:RetainedEarningsAccumulatedLosses 2023-03-31 06545541 c:FRS102 2023-04-01 2024-03-31 06545541 c:AuditExempt-NoAccountantsReport 2023-04-01 2024-03-31 06545541 c:FullAccounts 2023-04-01 2024-03-31 06545541 c:PrivateLimitedCompanyLtd 2023-04-01 2024-03-31 06545541 d:AcceleratedTaxDepreciationDeferredTax 2024-03-31 06545541 d:AcceleratedTaxDepreciationDeferredTax 2023-03-31 06545541 2 2023-04-01 2024-03-31 06545541 e:PoundSterling 2023-04-01 2024-03-31 iso4217:GBP xbrli:pure
Registered number: 06545541









PLUNKETT & MURREY LIMITED

UNAUDITED

FINANCIAL STATEMENTS
INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 31 MARCH 2024

 
PLUNKETT & MURREY LIMITED
REGISTERED NUMBER: 06545541

BALANCE SHEET
AS AT 31 MARCH 2024

2024
2023
Note
£
£

Fixed assets
  

Tangible assets
 5 
8,426
13,045

  
8,426
13,045

Current assets
  

Debtors: amounts falling due after more than one year
 6 
-
15,000

Debtors: amounts falling due within one year
 6 
41,208
46,529

Cash at bank and in hand
  
91,302
98,751

  
132,510
160,280

Creditors: amounts falling due within one year
 7 
(46,407)
(40,049)

Net current assets
  
 
 
86,103
 
 
120,231

Total assets less current liabilities
  
94,529
133,276

Provisions for liabilities
  

Deferred tax
 8 
(1,890)
(2,997)

Net assets
  
92,639
130,279


Capital and reserves
  

Called up share capital 
  
10
10

Profit and loss account
  
92,629
130,269

  
92,639
130,279


Page 1

 
PLUNKETT & MURREY LIMITED
REGISTERED NUMBER: 06545541

BALANCE SHEET (CONTINUED)
AS AT 31 MARCH 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 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 profit and loss account 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 11 September 2024.




Mr J D Reid
Director

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

Page 2

 
PLUNKETT & MURREY LIMITED
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024

1.


General information

Plunkett & Murrey Limited is a private company, limited by shares, incorporated in England and Wales, with a company registration number of 06545541. The address of the registered office is Anglia House, 6 Central Avenue, St Andrews Business Park, Thorpe St Andrew, Norwich, Norfolk, NR7 0HR.
The financial statements are prepared in sterling which is the functional currency of the company and rounded to the nearest £.

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.

 
2.2

Going concern

The director is continually assessing the impact of the current economic climate. They have not encountered any significant adverse impacts as a result, and have traded profitably. Therefore, the director deems it appropriate to prepare the accounts on a going concern basis.

 
2.3

Turnover

Turnover is recognised to the extent that it is probable that the economic benefits will flow to the Company and the turnover can be reliably measured. Turnover 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 turnover is recognised:

Rendering of services

Turnover 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 turnover 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 3

 
PLUNKETT & MURREY LIMITED
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024

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 Balance Sheet. The assets of the plan are held separately from the Company in independently administered funds.

 
2.6

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 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.

 
2.7

Intangible assets

Intangible assets are initially recognised at cost. After recognition, under the cost model, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

All intangible assets are considered to have a finite useful life. If a reliable estimate of the useful life cannot be made, the useful life shall not exceed ten years.

 Amortisation is provided on the following bases:

Goodwill
-
10%
straight line

Page 4

 
PLUNKETT & MURREY LIMITED
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024

2.Accounting policies (continued)

 
2.8

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, on a reducing balance basis.

Depreciation is provided on the following basis:

Office equipment
-
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.


3.


Employees

The average monthly number of employees, including directors, during the year was 2 (2023 - 2).


4.


Intangible assets




Goodwill

£



Cost


At 1 April 2023
325,505



At 31 March 2024

325,505



Amortisation


At 1 April 2023
325,505



At 31 March 2024

325,505



Net book value



At 31 March 2024
-



At 31 March 2023
-



Page 5

 
PLUNKETT & MURREY LIMITED
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024

5.


Tangible fixed assets





Land and buildings
Office equipment
Total

£
£
£



Cost or valuation


At 1 April 2023
2,928
44,654
47,582


Additions
-
895
895


Disposals
-
(26,098)
(26,098)



At 31 March 2024

2,928
19,451
22,379



Depreciation


At 1 April 2023
924
33,613
34,537


Charge for the year on owned assets
500
2,944
3,444


Disposals
-
(24,028)
(24,028)



At 31 March 2024

1,424
12,529
13,953



Net book value



At 31 March 2024
1,504
6,922
8,426



At 31 March 2023
2,004
11,041
13,045


6.


Debtors

2024
2023
£
£

Due after more than one year

Trade debtors
-
15,000


2024
2023
£
£

Due within one year

Trade debtors
15,000
18,536

Amounts owed by joint ventures and associated undertakings
15,394
16,090

Other debtors
6,368
9,442

Prepayments and accrued income
4,446
2,461

41,208
46,529


Page 6

 
PLUNKETT & MURREY LIMITED
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024

7.


Creditors: Amounts falling due within one year

2024
2023
£
£

Trade creditors
1,021
2,214

Corporation tax
25,792
21,200

Other taxation and social security
14,275
13,457

Other creditors
2,471
332

Accruals and deferred income
2,848
2,846

46,407
40,049


Page 7

 
PLUNKETT & MURREY LIMITED
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024

8.


Deferred taxation




2024


£






At beginning of year
(2,997)


Charged to profit or loss
1,107



At end of year
(1,890)

The provision for deferred taxation is made up as follows:

2024
2023
£
£


Accelerated capital allowances
1,890
2,997

1,890
2,997


9.


Pension commitments

The company operates a defined contributions pension scheme. The assets of the scheme are held separately from those of the Company in an independently administered fund. The pension cost charge represents contributions payable by the Company to the fund and amounted to £58,719 (2023 - £31,440). Contributions totalling £269 (2023 - £259) were payable to the fund at the balance sheet date.


Page 8