Caseware UK (AP4) 2023.0.135 2023.0.135 2023-12-312023-12-312023-01-01falseNo description of principal activity1515truetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. 07894305 2023-01-01 2023-12-31 07894305 2023-12-31 07894305 2022-01-01 2022-12-31 07894305 2022-12-31 07894305 c:Director2 2023-01-01 2023-12-31 07894305 d:FurnitureFittings 2023-01-01 2023-12-31 07894305 d:FurnitureFittings 2023-12-31 07894305 d:FurnitureFittings 2022-12-31 07894305 d:FurnitureFittings d:OwnedOrFreeholdAssets 2023-01-01 2023-12-31 07894305 d:PatentsTrademarksLicencesConcessionsSimilar 2023-01-01 2023-12-31 07894305 d:ComputerSoftware 2023-12-31 07894305 d:ComputerSoftware 2022-12-31 07894305 d:OtherResidualIntangibleAssets 2023-01-01 2023-12-31 07894305 d:CurrentFinancialInstruments 2023-12-31 07894305 d:CurrentFinancialInstruments 2022-12-31 07894305 d:CurrentFinancialInstruments d:WithinOneYear 2023-12-31 07894305 d:CurrentFinancialInstruments d:WithinOneYear 2022-12-31 07894305 d:RetainedEarningsAccumulatedLosses 2023-12-31 07894305 d:RetainedEarningsAccumulatedLosses 2022-12-31 07894305 c:FRS102 2023-01-01 2023-12-31 07894305 c:AuditExempt-NoAccountantsReport 2023-01-01 2023-12-31 07894305 c:FullAccounts 2023-01-01 2023-12-31 07894305 c:CompanyLimitedByGuarantee 2023-01-01 2023-12-31 07894305 2 2023-01-01 2023-12-31 iso4217:GBP xbrli:pure
Company registration number: 07894305







UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED
31 DECEMBER 2023


CITY HR ASSOCIATION LIMITED
(A Company Limited by Guarantee)






































                        

 


CITY HR ASSOCIATION LIMITED
  
(A Company Limited by Guarantee)
REGISTERED NUMBER:07894305



STATEMENT OF FINANCIAL POSITION
AS AT 31 DECEMBER 2023

2023
2022
Note
£
£

Fixed assets
  

Tangible assets
 5 
203
455

  
203
455

Current assets
  

Debtors: amounts falling due within one year
 6 
15,703
103,106

Cash at bank and in hand
  
222,358
196,459

  
238,061
299,565

Creditors: amounts falling due within one year
 7 
(57,464)
(118,297)

Net current assets
  
 
 
180,597
 
 
181,268

Total assets less current liabilities
  
180,800
181,723

  

Net assets
  
180,800
181,723


Capital and reserves
  

Profit and loss account
  
180,800
181,723

  
180,800
181,723


Page 1

 


CITY HR ASSOCIATION LIMITED
  
(A Company Limited by Guarantee)
REGISTERED NUMBER:07894305


    
STATEMENT OF FINANCIAL POSITION (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 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 by: 




................................................
Ms L Brown
Director

Date: 9 July 2024

The notes on pages 3 to 7 form part of these financial statements.

Page 2

 


CITY HR ASSOCIATION LIMITED
 
(A Company Limited by Guarantee)
 


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

1.


General information

City HR Association Limited is a not-for-profit company, domiciled in England and Wales. The address of its registered office is disclosed on the company information page.  
The company is limited by guarantee. The liability of the Members is limited. Each subscribing Member undertakes to contribute an amount not exceeding £1 to the company's assets in the event of it being wound up while he or she is a member or within one year after he or she ceases to be a Member.
The Company's functional and presentational currency is GBP.

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.

 
2.2

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.

 
2.3

Operating leases: the Company as lessee

Rentals paid under operating leases are charged to profit or loss on a straight-line basis over the lease term.

 
2.4

Interest income

Interest income is recognised in profit or loss using the effective interest method.

 
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 Statement of Financial Position. The assets of the plan are held separately from the Company in independently administered funds.

Page 3

 


CITY HR ASSOCIATION LIMITED
 
(A Company Limited by Guarantee)
 


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

2.Accounting policies (continued)

 
2.6

Taxation

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 reporting date in the countries where the Company operates and generates income.

 
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.

 The estimated useful lives range as follows:

Website
-
4
years
Metrics Guide
-
3
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.

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:

Fixtures and fittings
-
25% 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.


3.


Employees

The average monthly number of employees, including directors, during the year was 15 (2022 -15).

Page 4

 


CITY HR ASSOCIATION LIMITED
 
(A Company Limited by Guarantee)
 


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

4.


Intangible assets




Computer software

£



Cost


At 1 January 2023
12,397



At 31 December 2023

12,397



Amortisation


At 1 January 2023
12,397



At 31 December 2023

12,397



Net book value



At 31 December 2023
-



At 31 December 2022
-



Page 5

 


CITY HR ASSOCIATION LIMITED
 
(A Company Limited by Guarantee)
 


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

5.


Tangible fixed assets





Plant and machinery etc.

£



Cost or valuation


At 1 January 2023
12,429



At 31 December 2023

12,429



Depreciation


At 1 January 2023
11,974


Charge for the year on owned assets
252



At 31 December 2023

12,226



Net book value



At 31 December 2023
203



At 31 December 2022
455


6.


Debtors

2023
2022
£
£


Trade debtors
5,158
102,504

Other debtors
779
-

Prepayments and accrued income
9,766
602

15,703
103,106


Page 6

 


CITY HR ASSOCIATION LIMITED
 
(A Company Limited by Guarantee)
 


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

7.


Creditors: Amounts falling due within one year

2023
2022
£
£

Trade creditors
9,379
7,522

Corporation tax
-
779

Other taxation and social security
9,137
16,086

Other creditors
13,156
846

Accruals and deferred income
25,792
93,064

57,464
118,297




8.


Company status

The company is a private company limited by guarantee and consequently does not have share capital. Each of the members is liable to contribute an amount not exceeding £1 towards the assets of the company in the event of liquidation.

 
Page 7