Caseware UK (AP4) 2023.0.135 2023.0.135 2023-12-312023-12-31false2023-01-01Provision of legal services and investment in shares and securities22truetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. 06952689 2023-01-01 2023-12-31 06952689 2022-01-01 2022-12-31 06952689 2023-12-31 06952689 2022-12-31 06952689 c:Director1 2023-01-01 2023-12-31 06952689 d:OfficeEquipment 2023-01-01 2023-12-31 06952689 d:OfficeEquipment 2023-12-31 06952689 d:OfficeEquipment 2022-12-31 06952689 d:OfficeEquipment d:OwnedOrFreeholdAssets 2023-01-01 2023-12-31 06952689 d:PatentsTrademarksLicencesConcessionsSimilar 2023-12-31 06952689 d:PatentsTrademarksLicencesConcessionsSimilar 2022-12-31 06952689 d:Goodwill 2023-12-31 06952689 d:Goodwill 2022-12-31 06952689 d:CurrentFinancialInstruments 2023-12-31 06952689 d:CurrentFinancialInstruments 2022-12-31 06952689 d:CurrentFinancialInstruments d:WithinOneYear 2023-12-31 06952689 d:CurrentFinancialInstruments d:WithinOneYear 2022-12-31 06952689 d:ShareCapital 2023-12-31 06952689 d:ShareCapital 2022-12-31 06952689 d:OtherMiscellaneousReserve 2023-01-01 2023-12-31 06952689 d:OtherMiscellaneousReserve 2023-12-31 06952689 d:OtherMiscellaneousReserve 2022-12-31 06952689 d:RetainedEarningsAccumulatedLosses 2023-01-01 2023-12-31 06952689 d:RetainedEarningsAccumulatedLosses 2023-12-31 06952689 d:RetainedEarningsAccumulatedLosses 2022-12-31 06952689 d:OtherDeferredTax 2023-12-31 06952689 d:OtherDeferredTax 2022-12-31 06952689 c:FRS102 2023-01-01 2023-12-31 06952689 c:AuditExempt-NoAccountantsReport 2023-01-01 2023-12-31 06952689 c:FullAccounts 2023-01-01 2023-12-31 06952689 c:PrivateLimitedCompanyLtd 2023-01-01 2023-12-31 06952689 2 2023-01-01 2023-12-31 06952689 6 2023-01-01 2023-12-31 06952689 e:PoundSterling 2023-01-01 2023-12-31 iso4217:GBP xbrli:pure

Registered number: 06952689










IAN GREEN CONSULTING LIMITED








UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 31 DECEMBER 2023

 
IAN GREEN CONSULTING LIMITED
REGISTERED NUMBER: 06952689

BALANCE SHEET
AS AT 31 DECEMBER 2023

2023
2022
Note
£
£

Fixed assets
  

Intangible assets
 4 
2
2

Tangible assets
 5 
1,845
3,111

  
1,847
3,113

Current assets
  

Debtors: amounts falling due within one year
 6 
72,645
24,893

Current asset investments
 7 
3,796,277
3,298,232

Cash at bank and in hand
  
125,445
94,988

  
3,994,367
3,418,113

Creditors: amounts falling due within one year
 8 
(144,841)
(116,355)

Net current assets
  
 
 
3,849,526
 
 
3,301,758

Total assets less current liabilities
  
3,851,373
3,304,871

Provisions for liabilities
  

Deferred tax
  
(107,352)
(33,840)

  
 
 
(107,352)
 
 
(33,840)

Net assets
  
3,744,021
3,271,031


Capital and reserves
  

Called up share capital 
  
1
1

Other reserves
 10 
355,517
101,519

Profit and loss account
 10 
3,388,503
3,169,511

  
3,744,021
3,271,031

Page 1

 
IAN GREEN CONSULTING LIMITED
REGISTERED NUMBER: 06952689
    
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 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 by: 




Mr Ian Green
Director

Date: 19 September 2024

The notes on pages 3 to 11 form part of these financial statements.
Page 2

 
IAN GREEN CONSULTING LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023

1.


General information

Ian Green Consulting Limited is a private company limited by shares and incorporated in England and Wales. The registered office is Apartment E 45 Maresfield Gardens, London, MW3 5TE. The company number is 06952689.

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.

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 Profit and loss account within 'finance income or costs'. All other foreign exchange gains and losses are presented in profit or loss within 'other operating income'.

Page 3

 
IAN GREEN CONSULTING 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.

 
2.5

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 4

 
IAN GREEN CONSULTING LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023

2.Accounting policies (continued)

 
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.

 
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.

Page 5

 
IAN GREEN CONSULTING LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023

2.Accounting policies (continued)


2.8
Tangible fixed assets (continued)

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
-
Over 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.

 
2.9

Valuation of investments

Investments in listed company shares are remeasured to market value at each balance sheet date. Gains and losses on remeasurement are recognised in profit or loss for the period.

Current asset investments are measured at fair value at the balance sheet date.

 
2.10

Debtors

Short-term debtors are measured at transaction price, less any impairment.

 
2.11

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.

 
2.12

Creditors

Short-term creditors are measured at the transaction price.

 
2.13

Provisions for liabilities

Provisions are recognised when an event has taken place that gives rise to a legal or constructive obligation, a transfer of economic benefits is probable and a reliable estimate can be made.
Provisions are measured as the best estimate of the amount required to settle the obligation, taking into account the related risks and uncertainties.
 
Increases in provisions are generally charged as an expense to profit or loss.

Page 6

 
IAN GREEN CONSULTING LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023

2.Accounting policies (continued)

 
2.14

Financial instruments

The Company has elected to apply the provisions of Section 11 “Basic Financial Instruments” of FRS 102 to all of its financial instruments.

Financial instruments are recognised in the Company's Balance sheet when the Company becomes party to the contractual provisions of the instrument.

Basic financial assets

Basic financial assets, which include trade and other receivables, cash and bank balances, are initially measured at their transaction price including transaction costs and are subsequently carried at their amortised cost using the effective interest method, less any provision for impairment, unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest.

Discounting is omitted where the effect of discounting is immaterial. The Company's cash and cash equivalents, trade and most other receivables due within the operating cycle fall into this category of financial instruments.

Financial liabilities

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the Company after the deduction of all its liabilities.

Basic financial liabilities, which include trade and other payables, bank loans and other loans are initially measured at their transaction price after transaction costs. When this constitutes a financing transaction, whereby the debt instrument is measured at the present value of the future receipts discounted at a market rate of interest. Discounting is omitted where the effect of discounting is immaterial.

Debt instruments are subsequently carried at their amortised cost using the effective interest rate method.

Trade payables are obligations to pay for goods and services that have been acquired in the ordinary course of business from suppliers. Trade payables are classified as current liabilities if the payment is due within one year. If not, they represent non-current liabilities. Trade payables are initially recognised at their transaction price and subsequently are measured at amortised cost using the effective interest method. Discounting is omitted where the effect of discounting is immaterial.

Derecognition of financial assets

Financial assets are derecognised when their contractual right to future cash flow expire, or are settled, or when the Company transfers the asset and substantially all the risks and rewards of ownership to another party. If significant risks and rewards of ownership are retained after the transfer to another party, then the Company will continue to recognise the value of the portion of the risks and rewards retained.


 
Page 7

 
IAN GREEN CONSULTING LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023

2.Accounting policies (continued)


2.14
Financial instruments (continued)


Derecognition of financial liabilities

Financial liabilities are derecognised when the Company's contractual obligations expire or are discharged or cancelled.

 
2.15

Dividends

Equity dividends are recognised when they become legally payable. Interim equity dividends are recognised when paid. Final equity dividends are recognised when approved by the shareholders at an annual general meeting.


3.


Employees

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


4.


Intangible assets




Patents
Goodwill
Total

£
£
£



Cost


At 1 January 2023
2
385,000
385,002



At 31 December 2023

2
385,000
385,002



Amortisation


At 1 January 2023
-
385,000
385,000



At 31 December 2023

-
385,000
385,000



Net book value



At 31 December 2023
2
-
2



At 31 December 2022
2
-
2



Page 8

 
IAN GREEN CONSULTING LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023

5.


Tangible fixed assets





Office equipment

£



Cost 


At 1 January 2023
9,448



At 31 December 2023

9,448



Depreciation


At 1 January 2023
6,336


Charge for the year on owned assets
1,267



At 31 December 2023

7,603



Net book value



At 31 December 2023
1,845



At 31 December 2022
3,111


6.


Debtors

2023
2022
£
£


Trade debtors
42,738
5,786

Other debtors
114
120

Prepayments and accrued income
2,425
6,638

Amounts recoverable on long-term contracts
27,368
12,349

72,645
24,893


Page 9

 
IAN GREEN CONSULTING LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023

7.


Current asset investments

2023
2022
£
£

Listed investments
3,551,902
3,138,075

Short fixed term cash deposits
244,375
160,157

3,796,277
3,298,232



8.


Creditors: Amounts falling due within one year

2023
2022
£
£

Corporation tax
134,177
-

Other creditors
3,053
3,967

Accruals and deferred income
7,611
112,388

144,841
116,355



9.


Deferred taxation




2023


£






At beginning of year
(33,840)


Charged to profit or loss
(73,512)



At end of year
(107,352)

The provision for deferred taxation is made up as follows:

2023
2022
£
£


Unrealised gains
(107,352)
(33,840)

Page 10

 
IAN GREEN CONSULTING LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023

10.


Reserves

Other reserves

The other reserve comprises the balance of revaluations relating to the current asset investments net of deferred tax on the gain or loss.

Profit and loss account

The profit and loss account comprises the balance of profits accumulated over the life of the company.


11.


Related party transactions

Included in other creditors is an interest free loan repayable on demand to the value of £3,053 (2022 - £3,967) owed to the directors.

 
Page 11