Caseware UK (AP4) 2023.0.135 2023.0.135 2024-03-312024-03-31Management consultancy activities other than financial management2023-04-01false2424truetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.false 03909897 2023-04-01 2024-03-31 03909897 2022-04-01 2023-03-31 03909897 2024-03-31 03909897 2023-03-31 03909897 2022-04-01 03909897 c:Director3 2023-04-01 2024-03-31 03909897 d:Buildings d:ShortLeaseholdAssets 2023-04-01 2024-03-31 03909897 d:Buildings d:ShortLeaseholdAssets 2024-03-31 03909897 d:Buildings d:ShortLeaseholdAssets 2023-03-31 03909897 d:FurnitureFittings 2023-04-01 2024-03-31 03909897 d:FurnitureFittings 2024-03-31 03909897 d:FurnitureFittings 2023-03-31 03909897 d:FurnitureFittings d:OwnedOrFreeholdAssets 2023-04-01 2024-03-31 03909897 d:OwnedOrFreeholdAssets 2023-04-01 2024-03-31 03909897 d:Goodwill 2023-04-01 2024-03-31 03909897 d:Goodwill 2024-03-31 03909897 d:Goodwill 2023-03-31 03909897 d:CurrentFinancialInstruments 2024-03-31 03909897 d:CurrentFinancialInstruments 2023-03-31 03909897 d:CurrentFinancialInstruments d:WithinOneYear 2024-03-31 03909897 d:CurrentFinancialInstruments d:WithinOneYear 2023-03-31 03909897 d:ShareCapital 2023-04-01 2024-03-31 03909897 d:ShareCapital 2024-03-31 03909897 d:ShareCapital 2022-04-01 2023-03-31 03909897 d:ShareCapital 2023-03-31 03909897 d:ShareCapital 2022-04-01 03909897 d:CapitalRedemptionReserve 2023-04-01 2024-03-31 03909897 d:CapitalRedemptionReserve 2024-03-31 03909897 d:CapitalRedemptionReserve 2022-04-01 2023-03-31 03909897 d:CapitalRedemptionReserve 2023-03-31 03909897 d:CapitalRedemptionReserve 2022-04-01 03909897 d:RetainedEarningsAccumulatedLosses 2023-04-01 2024-03-31 03909897 d:RetainedEarningsAccumulatedLosses 2024-03-31 03909897 d:RetainedEarningsAccumulatedLosses 2022-04-01 2023-03-31 03909897 d:RetainedEarningsAccumulatedLosses 2023-03-31 03909897 d:RetainedEarningsAccumulatedLosses 2022-04-01 03909897 c:FRS102 2023-04-01 2024-03-31 03909897 c:IndependentExaminationCharity 2023-04-01 2024-03-31 03909897 c:FullAccounts 2023-04-01 2024-03-31 03909897 c:PrivateLimitedCompanyLtd 2023-04-01 2024-03-31 03909897 2 2023-04-01 2024-03-31 03909897 d:Goodwill d:OwnedIntangibleAssets 2023-04-01 2024-03-31 03909897 e:PoundSterling 2023-04-01 2024-03-31 iso4217:GBP xbrli:pure

Registered number: 03909897










AMION CONSULTING LIMITED










FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 31 MARCH 2024

 
AMION CONSULTING LIMITED
REGISTERED NUMBER: 03909897

STATEMENT OF FINANCIAL POSITION
AS AT 31 MARCH 2024

2024
2023
Note
£
£

Fixed assets
  

Intangible assets
 4 
413,871
517,163

Tangible assets
 5 
8,080
6,236

  
421,951
523,399

Current assets
  

Debtors: amounts falling due within one year
 6 
778,832
583,452

Cash at bank and in hand
 7 
607,886
919,299

  
1,386,718
1,502,751

Creditors: amounts falling due within one year
 8 
(668,166)
(448,695)

Net current assets
  
 
 
718,552
 
 
1,054,056

Total assets less current liabilities
  
1,140,503
1,577,455

  

Net assets
  
1,140,503
1,577,455

Page 1

 
AMION CONSULTING LIMITED
REGISTERED NUMBER: 03909897
    
STATEMENT OF FINANCIAL POSITION (CONTINUED)
AS AT 31 MARCH 2024

2024
2023
Note
£
£

Capital and reserves
  

Called up share capital 
  
1,793
1,793

Capital redemption reserve
  
150
150

Profit and loss account
  
1,138,560
1,575,512

  
1,140,503
1,577,455


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 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 23 September 2024.




G Hunt
Director

The notes on pages 4 to 10 form part of these financial statements.

Page 2

 
AMION CONSULTING LIMITED
 

STATEMENT OF CHANGES IN EQUITY
FOR THE YEAR ENDED 31 MARCH 2024


Called up share capital
Capital redemption reserve
Profit and loss account
Total equity

£
£
£
£


At 1 April 2022
1,793
150
1,415,306
1,417,249


Comprehensive income for the year

Profit for the year
-
-
285,206
285,206


Contributions by and distributions to owners

Dividends: Equity capital
-
-
(125,000)
(125,000)


Total transactions with owners
-
-
(125,000)
(125,000)



At 1 April 2023
1,793
150
1,575,512
1,577,455


Comprehensive income for the year

Profit for the year
-
-
199,749
199,749


Contributions by and distributions to owners

Dividends: Equity capital
-
-
(636,701)
(636,701)


Total transactions with owners
-
-
(636,701)
(636,701)


At 31 March 2024
1,793
150
1,138,560
1,140,503


The notes on pages 4 to 10 form part of these financial statements.

Page 3

 
AMION CONSULTING LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024

1.


General information

The company is a private company limited by shares, which is incorporated under the Companies Act 2006, registered in England and Wales (no.03909897). The address of the registered office is c/o Langtons, 11th Floor, The Plaza, 100 Old Hall Street, Liverpool L3 9QJ.
These financial statements present information about the company as an individual undertaking; it is a wholly owned subsidiary company. The principal activity of the company is that of business and management consultants.

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

Going concern

The company has cash resources and has no requirement for external funding. The directors have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. They continue to believe the going concern basis of accounting appropriate in preparing the annual financial statements.

 
2.3

Revenue recognition

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.

Page 4

 
AMION CONSULTING LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024

2.Accounting policies (continued)

 
2.4

Intangible assets

Goodwill

Goodwill represents the difference between amounts paid on the cost of a business combination and the acquirer’s interest in the fair value of its identifiable assets and liabilities of the acquiree at the date of acquisition. Subsequent to initial recognition, goodwill is measured at cost less accumulated amortisation and accumulated impairment losses. Goodwill is amortised on a straight line basis to the Statement of Comprehensive Income over its useful economic life.

Other 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.

 
2.5

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, using the straight-line method.

Depreciation is provided on the following basis:

Short-term leasehold land and buildings
-
20% straight line
Furniture, fittings and equipment
-
33.33% straight line

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.

 
2.6

Operating leases: the company as lessee

Rentals paid under operating leases are charged to the Statement of Comprehensive Income on a straight line basis over the lease term.

 
2.7

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.

Page 5

 
AMION CONSULTING LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024

2.Accounting policies (continued)

 
2.8

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.

 
2.9

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.

 
2.10

Finance costs

Finance costs are charged to the Statement of Comprehensive Income 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.

 
2.11

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.

 
2.12

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.

 
2.13

Interest income

Interest income is recognised in the Statement of Comprehensive Income using the effective interest method.

Page 6

 
AMION CONSULTING LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024

2.Accounting policies (continued)

 
2.14

Taxation

Tax is recognised in the Statement of Comprehensive Income, 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.

Deferred tax balances are recognised in respect of all timing differences that have originated but not reversed by the Statement of Financial Position 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 reporting date.


3.


Employees

The average monthly number of employees, including directors, during the year was 24 (2023 - 24).

Page 7

 
AMION CONSULTING LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024

4.


Intangible assets




Goodwill

£



Cost


At 1 April 2023
2,325,000



At 31 March 2024

2,325,000



Amortisation


At 1 April 2023
1,807,837


Charge for the year on owned assets
103,292



At 31 March 2024

1,911,129



Net book value



At 31 March 2024
413,871



At 31 March 2023
517,163



Page 8

 
AMION CONSULTING LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024

5.


TANGIBLE FIXED ASSETS





Short Term Leasehold Property
Fixtures & fittings
Total

£
£
£



Cost or valuation


At 1 April 2023
29,836
25,319
55,155


Additions
1,015
3,334
4,349


Disposals
-
(18,406)
(18,406)



At 31 March 2024

30,851
10,247
41,098



Depreciation


At 1 April 2023
29,836
19,082
48,918


Charge for the year on owned assets
465
2,041
2,506


Disposals
-
(18,406)
(18,406)



At 31 March 2024

30,301
2,717
33,018



Net book value



At 31 March 2024
550
7,530
8,080



At 31 March 2023
-
6,236
6,236


6.


Debtors

2024
2023
£
£


Trade debtors
667,651
566,451

Amounts owed by group undertakings
89,879
-

Prepayments and accrued income
21,302
17,001

778,832
583,452


Page 9

 
AMION CONSULTING LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024

7.


Cash and cash equivalents

2024
2023
£
£

Cash at bank and in hand
607,886
919,299

607,886
919,299



8.


Creditors: Amounts falling due within one year

2024
2023
£
£

Amounts owed to group undertakings
-
10,371

Corporation tax
97,189
93,437

Other taxation and social security
152,292
125,990

Other creditors
764
4,904

Accruals and deferred income
417,921
213,993

668,166
448,695



9.


Pension commitments

The company operates a defined contributions pension scheme. The assets of the schemes are held separately from those of the company in independently administered funds. The pension cost charge represents contributions payable by the company to the fund and amounted to £80,582 (2023 - £82,864).  Contributions totalling £662 (2023 - £540) were payable to the fund at the balance sheet date and are included in creditors.


10.


Controlling party

The company is a wholly owned subsidiary of Amion Holdings Limited (Company No. 11485860), whose registered office address is Langtons, 11th Floor, The Plaza, 100 Old Hall Street, Liverpool, Merseyside L3 9QJ.
Amion Holdings Limited is a wholly owned subsidiary of Amion Group Limited (Company No. 14503264), whose registered office address is C/o Langtons, 11th Floor, The Plaza, 100 Old Hall Street, Liverpool, Merseyside L3 9QJ.
Amion Group Limited is not controlled by any single individual.

 
Page 10