Caseware UK (AP4) 2023.0.135 2023.0.135 2023-12-312023-12-31false22023-01-01No description of principal activity2truetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. 06676613 2023-01-01 2023-12-31 06676613 2022-01-01 2022-12-31 06676613 2023-12-31 06676613 2022-12-31 06676613 c:Director1 2023-01-01 2023-12-31 06676613 d:MotorVehicles 2023-01-01 2023-12-31 06676613 d:MotorVehicles 2023-12-31 06676613 d:MotorVehicles 2022-12-31 06676613 d:MotorVehicles d:OwnedOrFreeholdAssets 2023-01-01 2023-12-31 06676613 d:OfficeEquipment 2023-01-01 2023-12-31 06676613 d:OfficeEquipment 2023-12-31 06676613 d:OfficeEquipment 2022-12-31 06676613 d:OfficeEquipment d:OwnedOrFreeholdAssets 2023-01-01 2023-12-31 06676613 d:OwnedOrFreeholdAssets 2023-01-01 2023-12-31 06676613 d:CurrentFinancialInstruments 2023-12-31 06676613 d:CurrentFinancialInstruments 2022-12-31 06676613 d:Non-currentFinancialInstruments 2023-12-31 06676613 d:Non-currentFinancialInstruments 2022-12-31 06676613 d:CurrentFinancialInstruments d:WithinOneYear 2023-12-31 06676613 d:CurrentFinancialInstruments d:WithinOneYear 2022-12-31 06676613 d:Non-currentFinancialInstruments d:AfterOneYear 2023-12-31 06676613 d:Non-currentFinancialInstruments d:AfterOneYear 2022-12-31 06676613 d:ShareCapital 2023-12-31 06676613 d:ShareCapital 2022-12-31 06676613 d:RetainedEarningsAccumulatedLosses 2023-12-31 06676613 d:RetainedEarningsAccumulatedLosses 2022-12-31 06676613 d:AcceleratedTaxDepreciationDeferredTax 2023-12-31 06676613 d:AcceleratedTaxDepreciationDeferredTax 2022-12-31 06676613 c:FRS102 2023-01-01 2023-12-31 06676613 c:AuditExempt-NoAccountantsReport 2023-01-01 2023-12-31 06676613 c:FullAccounts 2023-01-01 2023-12-31 06676613 c:PrivateLimitedCompanyLtd 2023-01-01 2023-12-31 06676613 d:HirePurchaseContracts d:WithinOneYear 2023-12-31 06676613 d:HirePurchaseContracts d:WithinOneYear 2022-12-31 06676613 d:HirePurchaseContracts d:BetweenOneFiveYears 2023-12-31 06676613 d:HirePurchaseContracts d:BetweenOneFiveYears 2022-12-31 06676613 6 2023-01-01 2023-12-31 06676613 e:PoundSterling 2023-01-01 2023-12-31 iso4217:GBP xbrli:pure

Registered number: 06676613









ROB HARDY LTD







UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 31 DECEMBER 2023

 
ROB HARDY LTD
REGISTERED NUMBER: 06676613

BALANCE SHEET
AS AT 31 DECEMBER 2023

2023
2022
Note
£
£

Fixed assets
  

Tangible assets
 4 
52,934
7,798

Investments
 5 
43,413
41,813

  
96,347
49,611

Current assets
  

Debtors: amounts falling due within one year
 6 
417,428
164,466

Cash at bank and in hand
 7 
197,121
391,189

  
614,549
555,655

Creditors: amounts falling due within one year
 8 
(105,816)
(157,352)

Net current assets
  
 
 
508,733
 
 
398,303

Total assets less current liabilities
  
605,080
447,914

Creditors: amounts falling due after more than one year
  
(35,450)
-

Provisions for liabilities
  

Deferred tax
  
(13,234)
(4,057)

  
 
 
(13,234)
 
 
(4,057)

Net assets
  
556,396
443,857


Capital and reserves
  

Called up share capital 
  
100
100

Profit and loss account
  
556,296
443,757

  
556,396
443,857


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.

Page 1

 
ROB HARDY LTD
REGISTERED NUMBER: 06676613
    
BALANCE SHEET (CONTINUED)
AS AT 31 DECEMBER 2023

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 R Hardy
Director

Date: 23 September 2024

The notes on pages 3 to 9 form part of these financial statements.

Page 2

 
ROB HARDY LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023

1.


General information

Rob Hardy Ltd is a private company limited by share capital, incorporated in England and Wales, registration number 06676613.  The address of the registered office is 50 Liverpool Street, London, EC2M 7PY.

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.

 
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.

Page 3

 
ROB HARDY LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023

2.Accounting policies (continued)

 
2.4

Pensions

Defined contribution pension plan
Contributions are made to the private pension scheme of the directors.  These contributions are charged to the profit and loss for the period in which they are payable to the scheme in accordance with the agreement between the directors and the company.

 
2.5

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.

 
2.6

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 4

 
ROB HARDY LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023

2.Accounting policies (continued)


2.6
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 and reducing balance methods.

Depreciation is provided on the following basis:

Motor vehicles
-
10%
reducing balance
Office equipment
-
20%
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.

 
2.7

Valuation of investments

Investments are measured at cost less accumulated impairment.

 
2.8

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.

 
2.9

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.

 
2.10

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.

 
2.11

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.

 
2.12

Financial instruments

The Company only enters into basic financial instrument transactions that result in the recognition of
Page 5

 
ROB HARDY LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023

2.Accounting policies (continued)


2.12
Financial instruments (continued)

financial assets and liabilities like trade and other debtors and creditors, loans from banks and other third parties, loans to related parties and investments in ordinary shares.

 
2.13

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.


Tangible fixed assets





Motor vehicles
Office equipment
Total

£
£
£



Cost or valuation


At 1 January 2023
-
33,791
33,791


Additions
56,207
-
56,207



At 31 December 2023

56,207
33,791
89,998



Depreciation


At 1 January 2023
-
25,994
25,994


Charge for the year on owned assets
5,621
5,449
11,070



At 31 December 2023

5,621
31,443
37,064



Net book value



At 31 December 2023
50,586
2,348
52,934



At 31 December 2022
-
7,798
7,798

Page 6

 
ROB HARDY LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023

5.


Fixed asset investments





Other fixed asset investments

£



Cost or valuation


At 1 January 2023
41,813


Additions
1,600



At 31 December 2023
43,413





6.


Debtors

2023
2022
£
£


Trade debtors
-
6,850

Other debtors
350,889
157,616

Prepayments and accrued income
66,539
-

417,428
164,466



7.


Cash and cash equivalents

2023
2022
£
£

Cash at bank and in hand
197,121
391,189

197,121
391,189


Page 7

 
ROB HARDY LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023

8.


Creditors: Amounts falling due within one year

2023
2022
£
£

Trade creditors
6,049
1,616

Corporation tax
76,335
90,541

Other taxation and social security
19,342
64,195

Obligations under finance lease and hire purchase contracts
4,090
-

Other creditors
-
1,000

105,816
157,352



9.


Creditors: Amounts falling due after more than one year

2023
2022
£
£

Net obligations under finance leases and hire purchase contracts
35,450
-

35,450
-



10.


Hire purchase and finance leases


Minimum lease payments under hire purchase fall due as follows:

2023
2022
£
£


Within one year
4,090
-

Between 1-5 years
35,450
-

39,540
-


11.


Deferred taxation




2023


£






At beginning of year
(4,057)


Charged to profit or loss
(9,177)



At end of year
(13,234)

Page 8

 
ROB HARDY LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023
 
11.Deferred taxation (continued)

The provision for deferred taxation is made up as follows:

2023
2022
£
£


Accelerated capital allowances
(13,234)
(4,057)

(13,234)
(4,057)


12.


Pension commitments

The Company operates a defined contributions pension scheme. The assets of the scheme are held separately from those of the Company  in an independently administered fund. The pension cost charge represents contributions payable by the Company  to the fund and amounted to £7,500 (2022 - £7,500). Contributions totalling £nil (2022 - £nil) were payable to the fund at the balance sheet date.


13.


Related party transactions

During the year ordinary dividends totalling £170,000 (2022: £170,000) were paid to the directors in their capacity as shareholders of the company.
Included in debtors at the balance sheet date is an amount of £349,241 (2022: £157,616) due from the directors. The amount is in respect of cash withdrawn in excess of expenses borne on behalf of the company.  The amount is unsecured, interest free and repayable on demand.

 
Page 9