Caseware UK (AP4) 2023.0.135 2023.0.135 2023-12-312023-12-31The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.2023-01-01falseProvision of busines services88falsetruefalse 10210879 2023-01-01 2023-12-31 10210879 2022-01-01 2022-12-31 10210879 2023-12-31 10210879 2022-12-31 10210879 c:Director1 2023-01-01 2023-12-31 10210879 d:CurrentFinancialInstruments 2023-12-31 10210879 d:CurrentFinancialInstruments 2022-12-31 10210879 d:Non-currentFinancialInstruments 2023-12-31 10210879 d:Non-currentFinancialInstruments 2022-12-31 10210879 d:CurrentFinancialInstruments d:WithinOneYear 2023-12-31 10210879 d:CurrentFinancialInstruments d:WithinOneYear 2022-12-31 10210879 d:Non-currentFinancialInstruments d:AfterOneYear 2023-12-31 10210879 d:Non-currentFinancialInstruments d:AfterOneYear 2022-12-31 10210879 d:ShareCapital 2023-12-31 10210879 d:ShareCapital 2022-12-31 10210879 d:RetainedEarningsAccumulatedLosses 2023-12-31 10210879 d:RetainedEarningsAccumulatedLosses 2022-12-31 10210879 c:OrdinaryShareClass1 2023-01-01 2023-12-31 10210879 c:OrdinaryShareClass1 2023-12-31 10210879 c:OrdinaryShareClass1 2022-12-31 10210879 c:FRS102 2023-01-01 2023-12-31 10210879 c:AuditExempt-NoAccountantsReport 2023-01-01 2023-12-31 10210879 c:FullAccounts 2023-01-01 2023-12-31 10210879 c:PrivateLimitedCompanyLtd 2023-01-01 2023-12-31 10210879 d:WithinOneYear 2023-12-31 10210879 d:WithinOneYear 2022-12-31 10210879 d:BetweenOneFiveYears 2023-12-31 10210879 d:BetweenOneFiveYears 2022-12-31 10210879 d:MoreThanFiveYears 2023-12-31 10210879 d:MoreThanFiveYears 2022-12-31 10210879 e:PoundSterling 2023-01-01 2023-12-31 iso4217:GBP xbrli:shares xbrli:pure

Registered number: 10210879









BEAUMONT CLEMENTS LTD







UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 31 DECEMBER 2023

 
BEAUMONT CLEMENTS LTD
REGISTERED NUMBER: 10210879

STATEMENT OF FINANCIAL POSITION
AS AT 31 DECEMBER 2023

2023
2022
Note
£
£

  

Current assets
  

Debtors: amounts falling due within one year
 4 
571,427
171,621

Cash at bank and in hand
  
1,136,032
1,602,188

  
1,707,459
1,773,809

Creditors: amounts falling due within one year
 5 
(1,527,064)
(1,773,787)

Net current assets
  
 
 
180,395
 
 
22

Total assets less current liabilities
  
180,395
22

Creditors: amounts falling due after more than one year
 6 
(180,373)
-

  

Net assets
  
22
22


Capital and reserves
  

Called up share capital 
 7 
120
120

Profit and loss account
  
(98)
(98)

  
22
22


Page 1

 
BEAUMONT CLEMENTS LTD
REGISTERED NUMBER: 10210879
    
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: 





R J Adam
Director

Date: 24 September 2024

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

Page 2

 
BEAUMONT CLEMENTS LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023

1.


General information

The principal activity of Beaumont Clements Ltd ("the Company") is the provision of business services.
The Company is a private limited company, registration number 10210879, incorporated in England and Wales.
The Registered Office address is 80 Coleman Street, London, EC2R 5BJ.

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 financial statements have been prepared on the going concern basis, which assumes that the Company will continue to trade for the foreseeable future, being a period of at least twelve months from the date of approval of these financial statements, and will be able to meet its debts as they fall due. 
The directors have reviewed forecasts and budgets and are confident of the Company's ability to continue trading as a going concern for the foreseeable future. The Company keeps its management accounts under constant review to ensure that no further action or changes are required to there business in order for it to continue as a going concern. Based on the results to date and future projections, the directors are confident that the Company will continue to meet its liabilities as they fall due. As a result, the directors have prepared the financial statements on a going concern basis. 

 
2.3

Turnover and revenue recognition

Turnover is recognised to the extent that it is probable that the economic benefits will flow to the Company and the turnover can be reliably measured. Turnover is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.
Revenue represents business services income and is recognised in the period which the services are provided.

 
2.4

Finance costs

Finance costs are charged to the Statement of Income and Retained Earnings 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 3

 
BEAUMONT CLEMENTS LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023

2.Accounting policies (continued)

 
2.5

Taxation

Tax is recognised in the Statement of Income and Retained Earnings 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.

 
2.6

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.

 
2.7

Financial instruments

The Company only enters into basic financial instruments transactions that result in the recognition of financial assets and liabilities like trade and other debtors and creditors.
(i) Financial assets
Basic financial assets, including trade and other debtors are initially recognised at transaction price, 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.
Such assets are subsequently carried at amortised cost using the effective interest method.
At the end of each reporting period financial assets measured at amortised cost are assessed for objective evidence of impairment. If an asset is impaired the impairment loss is the difference between the carrying amount and the present value of the estimated cash flows discounted at the asset’s original effective interest rate. The impairment loss is recognised in the Statement of Income and Retained Earnings.
Financial assets are derecognised when (a) the contractual rights to the cash flows from the asset expire or are settled, or (b) substantially all the risks and rewards of the ownership of the asset are transferred to another party or (c) control of the asset has been transferred to another party who has the practical ability to unilaterally sell the asset to an unrelated third party without imposing additional restrictions.
(ii) Financial liabilities
Basic financial liabilities, including trade creditors and accruals, are initially recognised at transaction price, unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future receipts discounted at a market rate of interest.
Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Trade creditors are classified as current liabilities if payment is due within one year or less. If not, they are presented as non-current liabilities. Trade creditors are recognised initially at transaction price and subsequently measured at amortised cost using the
Page 4

 
BEAUMONT CLEMENTS LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023

2.Accounting policies (continued)


2.7
Financial instruments (continued)

effective interest method.
Financial liabilities are derecognised when the liability is extinguished, that is when the contractual obligation is discharged, cancelled or expires.
(iii) Offsetting
Financial assets and liabilities are offset and the net amounts presented in the financial statements when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.


3.


Employees

The average monthly number of employees, including the directors, during the year was as follows:


        2023
        2022
            No.
            No.







Directors
2
2



Centre operating staff
6
6

8
8

During the period, no director received any emoluments from the Company.


4.


Debtors

2023
2022
£
£


Trade debtors
120,282
99,699

Other debtors
375,694
18,255

Prepayments and accrued income
75,451
53,667

571,427
171,621


Page 5

 
BEAUMONT CLEMENTS LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023

5.


Creditors: Amounts falling due within one year

2023
2022
£
£

Service Retainers
450,841
923,840

Trade creditors
161,622
154,597

Corporation tax
-
98

Other taxation and social security
25,669
4,772

Other creditors
21,294
22,514

Accruals and deferred income
867,638
667,966

1,527,064
1,773,787



6.


Creditors: Amounts falling due after more than one year

2023
2022
£
£

Service Retainers
180,373
-



7.


Share capital

2023
2022
£
£
Allotted, called up and fully paid



120 (2022 - 120) Ordinary shares of £1 each
120
120



8.


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. Contributions totalling £294 (2022: £739) were payable to the fund at the Statement of Financial Position date and are included in creditors.

Page 6

 
BEAUMONT CLEMENTS LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023

9.


Commitments under operating leases

At 31 December 2023 the Company had future minimum lease payments due under non-cancellable operating leases for each of the following periods:

2023
2022
£
£


Not later than 1 year
750,000
375,000

Later than 1 year and not later than 5 years
3,000,000
-

Later than 5 years
375,000
-

4,125,000
375,000


10.


Controlling party

The ultimate parent undertaking is Beaumont Services Limited, registered office 80 Coleman Street, London, EC2R 5BJ.

 
Page 7