Caseware UK (AP4) 2023.0.135 2023.0.135 trueNo description of principal activityThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.false22023-01-012false 12859043 2023-01-01 2023-12-31 12859043 2022-01-01 2022-12-31 12859043 2023-12-31 12859043 2022-12-31 12859043 c:Director1 2023-01-01 2023-12-31 12859043 d:CurrentFinancialInstruments 2023-12-31 12859043 d:CurrentFinancialInstruments 2022-12-31 12859043 d:CurrentFinancialInstruments d:WithinOneYear 2023-12-31 12859043 d:CurrentFinancialInstruments d:WithinOneYear 2022-12-31 12859043 d:ShareCapital 2023-12-31 12859043 d:ShareCapital 2022-12-31 12859043 d:RetainedEarningsAccumulatedLosses 2023-12-31 12859043 d:RetainedEarningsAccumulatedLosses 2022-12-31 12859043 c:FRS102 2023-01-01 2023-12-31 12859043 c:AuditExempt-NoAccountantsReport 2023-01-01 2023-12-31 12859043 c:FullAccounts 2023-01-01 2023-12-31 12859043 c:PrivateLimitedCompanyLtd 2023-01-01 2023-12-31 12859043 e:PoundSterling 2023-01-01 2023-12-31 iso4217:GBP xbrli:pure
Registered number: 12859043













Reeves Business Services Limited

Financial statements
Information for filing with the registrar

31 December 2023




 
Reeves Business Services Limited


Balance sheet
At 31 December 2023

2023
2022
Note
£
£

  

Current assets
  

Debtors: amounts falling due within one year
 4 
100
100

Bank and cash balances
  
38
38

  
138
138

Creditors: amounts falling due within one year
 5 
(140)
(1,152)

Net current liabilities
  
 
 
(2)
 
 
(1,014)

Total assets less current liabilities
  
(2)
(1,014)

  

Net liabilities
  
(2)
(1,014)


Capital and reserves
  

Called up share capital 
  
100
100

Profit and loss account
  
(102)
(1,114)

Shareholders' deficit
  
(2)
(1,014)


Page 1

 
Reeves Business Services Limited

    
Balance sheet (continued)
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 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 18 September 2024.




N Reeves
Director

Company registered number: 12859043
The notes on pages 3 to 4 form part of these financial statements. 

Page 2

 
Reeves Business Services Limited
 
 

Notes to the financial statements
Year ended 31 December 2023

1.


General information

The company is a private company limited by shares, incorporated and domiciled in the United Kingdom. The registered office is 2nd Floor, Park View House, Front Street, Benton, Newcastle upon Tyne, NE7 7TZ.

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

Going concern

At the balance sheet date the company had excess liabilities over assets. Having made due and careful enquiry the directors are of the opinion that the company, with the support of its parent company, has adequate working capital to execute its operations over the next 12 months and continue in operational existence for the foreseeable future. As a result, the directors have continued to adopt the going concern basis of accounting in preparing the annual financial statements.

 
2.3

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 balance sheet date in the countries where the company operates and generates income.

 
2.4

Financial instruments

Basic financial instruments are classified and accounted for, according to the substance of the contractual arrangement, as either financial assets, financial liabilities or equity instruments. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities.


3.


Employees

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


4.


Debtors

2023
2022
£
£


Amounts owed by group undertakings
100
100

100
100

Page 3

 
Reeves Business Services Limited
 
 

Notes to the financial statements
Year ended 31 December 2023

4.Debtors (continued)



5.


Creditors: amounts falling due within one year

2023
2022
£
£

Amounts owed to group undertakings
-
1,152

Corporation tax
140
-

140
1,152



6.


Related party transactions

During the year, the company used a loan account to record amounts due to and from Reeves Group Holdings Limited. At the year end, the balance owed to the company by Reeves Group Holdings Limited was £100 (2022 - £100). The loan is unsecured, interest free and no fixed terms of repayment have been agreed.
During the year, the company used a loan account to record amounts due to and from Reeves Independent Limited. At the year end, the balance owed by the company to Reeves Independent Limited was £nil (2022 - £1,152). 
During the year, the company recharged administrative expenses which had previously been charged to the statement of comprehensive income totalling £1,114 to another group company. This has resulted in the company presenting negative administrative expenses in the current financial year.


7.


Controlling party

The ultimate parent undertaking is Reeves Group Holdings Limited, a company incorporated in England
and Wales. N Reeves is the company's ultimate controlling party by virute of his shareholding in Reeves
Group Holdings Limited.

Page 4