Caseware UK (AP4) 2023.0.135 2023.0.135 2023-12-312023-12-31false2023-01-01falseManagement services11truetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. 07693313 2023-01-01 2023-12-31 07693313 2022-01-01 2022-12-31 07693313 2023-12-31 07693313 2022-12-31 07693313 c:IncreaseDecreaseDueToTransitionFromPreviousStandard 2022-01-01 07693313 c:IncreaseDecreaseDueToTransitionFromPreviousStandard 2022-12-31 07693313 c:CurrentFinancialInstruments c:WithinOneYear c:IncreaseDecreaseDueToTransitionFromPreviousStandard 2022-01-01 07693313 c:CurrentFinancialInstruments c:WithinOneYear c:IncreaseDecreaseDueToTransitionFromPreviousStandard 2022-12-31 07693313 c:IncreaseDecreaseDueToTransitionFromPreviousStandard 2022-01-01 2022-12-31 07693313 d:Director1 2023-01-01 2023-12-31 07693313 c:CurrentFinancialInstruments 2023-12-31 07693313 c:CurrentFinancialInstruments 2022-12-31 07693313 c:CurrentFinancialInstruments c:WithinOneYear 2023-12-31 07693313 c:CurrentFinancialInstruments c:WithinOneYear 2022-12-31 07693313 c:ShareCapital 2023-12-31 07693313 c:ShareCapital 2022-12-31 07693313 c:RetainedEarningsAccumulatedLosses 2023-12-31 07693313 c:RetainedEarningsAccumulatedLosses 2022-12-31 07693313 d:FRS102 2023-01-01 2023-12-31 07693313 d:AuditExemptWithAccountantsReport 2023-01-01 2023-12-31 07693313 d:FullAccounts 2023-01-01 2023-12-31 07693313 d:PrivateLimitedCompanyLtd 2023-01-01 2023-12-31 07693313 e:PoundSterling 2023-01-01 2023-12-31 iso4217:GBP xbrli:pure
Registered number: 07693313



















MARENGO MANAGEMENT LIMITED
UNAUDITED
FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023













Fletcher & Partners
Chartered Accountants
Salisbury

 
MARENGO MANAGEMENT LIMITED
 
 
  
CHARTERED ACCOUNTANTS' REPORT TO THE DIRECTOR ON THE PREPARATION OF THE UNAUDITED STATUTORY FINANCIAL STATEMENTS OF MARENGO MANAGEMENT LIMITED
FOR THE YEAR ENDED 31 DECEMBER 2023

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Marengo Management Limited for the year ended 31 December 2023 which comprise  the Balance Sheet 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 Marengo Management Limited in accordance with the terms of our engagement letter dated 7 December 2011Our work has been undertaken solely to prepare for your approval the financial statements of Marengo Management Limited and state those matters that we have agreed to state to the director of Marengo Management 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 Marengo Management Limited and its director for our work or for this report. 

It is your duty to ensure that Marengo Management 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 loss of Marengo Management Limited. You consider that Marengo Management Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or review of the financial statements of Marengo Management 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.

  



Fletcher & Partners
 
Chartered Accountants
  
Crown Chambers
Bridge Street
Salisbury
SP1 2LZ
23 September 2024
Page 1

 
MARENGO MANAGEMENT LIMITED
REGISTERED NUMBER:07693313

BALANCE SHEET
AS AT 31 DECEMBER 2023

2023
2022
Note
£
£

  

Current assets
  

Cash at bank and in hand
 4 
6,168
7,867

  
6,168
7,867

Creditors: amounts falling due within one year
 5 
(8,273)
(9,146)

Net current liabilities
  
 
 
(2,105)
 
 
(1,279)

Total assets less current liabilities
  
(2,105)
(1,279)

  

Net liabilities
  
(2,105)
(1,279)


Capital and reserves
  

Called up share capital 
  
2
2

Profit and loss account
  
(2,107)
(1,281)

  
(2,105)
(1,279)


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 her 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 comprehensive income 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 20 September 2024.




Ms  A Boskamp
Director

The notes on pages 3 to 6 form part of these financial statements.

Page 2

 
MARENGO MANAGEMENT LIMITED
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023

1.


General information

Marengo Management Limited is a private company limited by shares, incorporated in England and Wales number 07693313, registered office 38 Spring Street, London W2 1JA

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

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.

 
2.3

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 1 (2022 - 1).


4.


Cash and cash equivalents

2023
2022
£
£

Cash at bank and in hand
6,168
7,867

6,168
7,867


Page 3

 
MARENGO MANAGEMENT LIMITED
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023

5.


Creditors: Amounts falling due within one year

2023
2022
£
£

Other creditors
6,993
8,040

Accruals and deferred income
1,280
1,106

8,273
9,146



6.


Controlling party

The company is controlled by Kuhne Boskamp Westoffhandel GBR, a German partnership in which Ms Boskamp is a partner.  Consolidated accounts are not required to be prepared.


7.


Transition to FRS102

The company has applied FRS102 with effect from 1 January 2015.  No adjustments to the figures in the accounts were required on transition.

Page 4

 

MARENGO MANAGEMENT LIMITED
 
 
 

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

8.


First time adoption of FRS 102

The Company transitioned to FRS 102 from previously extant UK GAAP as at 1 January 2022. The impact of the transition to FRS 102 is as follows:

As previously stated
1 January
2022
Effect of transition
1 January
2022
FRS 102
(as restated)
1 January
2022
As previously stated
31 December
2022
Effect of transition
31 December
2022
FRS 102
(as restated)
31 December
2022
Note
£
£
£
£
£
£

Current assets
  
-
751
751
-
7,867
7,867

Creditors: amounts falling due within one year
  
-
(1,093)
(1,093)
-
(9,146)
(9,146)

  
 
-
 
(342)
 
(342)
 
-
 
(1,279)
 
(1,279)

  
 
-
 
(342)
 
(342)
 
-
 
(1,279)
 
(1,279)

  
 
-
 
(342)
 
(342)
 
-
 
(1,279)
 
(1,279)

Capital and reserves
  
-
(342)
(342)
-
(1,279)
(1,279)
Page 5

 
MARENGO MANAGEMENT LIMITED
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023

           8.First time adoption of FRS 102 (continued)

As previously stated
31 December
2022
Effect of transition
31 December
2022
FRS 102
(as restated)
31 December
2022
Note
£
£
£

  
 
-
 
-
 
-

Administrative expenses
  
-
(937)
(937)

  
 
-
 
(937)
 
(937)

  
 
-
 
(937)
 
(937)

Explanation of changes to previously reported profit and equity:

1


 
Page 6