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.true2023-01-01falsecomputer consultants75truefalse 05067911 2023-01-01 2023-12-31 05067911 2022-01-01 2022-12-31 05067911 2023-12-31 05067911 2022-12-31 05067911 c:Director1 2023-01-01 2023-12-31 05067911 d:OfficeEquipment 2023-01-01 2023-12-31 05067911 d:OfficeEquipment 2023-12-31 05067911 d:OfficeEquipment 2022-12-31 05067911 d:OfficeEquipment d:OwnedOrFreeholdAssets 2023-01-01 2023-12-31 05067911 d:Goodwill 2023-12-31 05067911 d:Goodwill 2022-12-31 05067911 d:CurrentFinancialInstruments 2023-12-31 05067911 d:CurrentFinancialInstruments 2022-12-31 05067911 d:Non-currentFinancialInstruments 2023-12-31 05067911 d:Non-currentFinancialInstruments 2022-12-31 05067911 d:CurrentFinancialInstruments d:WithinOneYear 2023-12-31 05067911 d:CurrentFinancialInstruments d:WithinOneYear 2022-12-31 05067911 d:Non-currentFinancialInstruments d:AfterOneYear 2023-12-31 05067911 d:Non-currentFinancialInstruments d:AfterOneYear 2022-12-31 05067911 d:ShareCapital 2023-12-31 05067911 d:ShareCapital 2022-12-31 05067911 d:RetainedEarningsAccumulatedLosses 2023-12-31 05067911 d:RetainedEarningsAccumulatedLosses 2022-12-31 05067911 c:FRS102 2023-01-01 2023-12-31 05067911 c:AuditExempt-NoAccountantsReport 2023-01-01 2023-12-31 05067911 c:FullAccounts 2023-01-01 2023-12-31 05067911 c:PrivateLimitedCompanyLtd 2023-01-01 2023-12-31 05067911 e:PoundSterling 2023-01-01 2023-12-31 iso4217:GBP xbrli:pure
Registered number: 05067911






THE PC/MAC SUPPORT COMPANY LIMITED
UNAUDITED
FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023










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THE PC/MAC SUPPORT COMPANY LIMITED
REGISTERED NUMBER:05067911

BALANCE SHEET
AS AT 31 DECEMBER 2023

2023
2022
Note
£
£

Fixed assets
  

Tangible assets
 5 
3,479
2,943

  
3,479
2,943

Current assets
  

Stocks
  
1,656
1,656

Debtors: amounts falling due within one year
 6 
170,846
176,239

Cash at bank and in hand
 7 
314,661
276,076

  
487,163
453,971

Creditors: amounts falling due within one year
 8 
(147,682)
(141,690)

Net current assets
  
 
 
339,481
 
 
312,281

Total assets less current liabilities
  
342,960
315,224

Creditors: amounts falling due after more than one year
 9 
(150,256)
(150,256)

  

Net assets
  
192,704
164,968


Capital and reserves
  

Called up share capital 
  
200
200

Profit and loss account
  
192,504
164,768

  
192,704
164,968


Page 1

 
THE PC/MAC SUPPORT COMPANY LIMITED
REGISTERED NUMBER:05067911
    
BALANCE SHEET (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: 




J I Bloohn
Director

Date: 25 September 2024

Page 2

 
THE PC/MAC SUPPORT COMPANY LIMITED
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023

1.


General information

The PC/MAC Support Company Limited is a private company limited by shares, incorporated in England and Wales.  Its registered office is Revill Pearce, 58 Queen Anne Street, London W1G 8HW.
The principal activity of the company continued to be that of computer 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

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

Finance costs

Finance costs are charged to profit or loss 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.

 
2.4

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 Balance Sheet. The assets of the plan are held separately from the Company in independently administered funds.

Page 3

 
THE PC/MAC SUPPORT COMPANY LIMITED
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023

2.Accounting policies (continued)

 
2.5

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.

 
2.6

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.

 
2.7

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, on a reducing balance basis.

Depreciation is provided on the following basis:

Office equipment
-
25%
reducing balance

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.

 
2.8

Stocks

Stocks are stated at the lower of cost and net realisable value, being the estimated selling price less costs to complete and sell. Cost is based on the cost of purchase on a first in, first out basis. Work in progress and finished goods include labour and attributable overheads.

At each balance sheet date, stocks are assessed for impairment. If stock is impaired, the carrying amount is reduced to its selling price less costs to complete and sell. The impairment loss is recognised immediately in profit or loss.

 
2.9

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 4

 
THE PC/MAC SUPPORT COMPANY LIMITED
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023

2.Accounting policies (continued)

 
2.10

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.

 
2.11

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.

 
2.12

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 7 (2022 - 5).


4.


Intangible assets




Goodwill

£



Cost


At 1 January 2023
100,000



At 31 December 2023

100,000



Amortisation


At 1 January 2023
100,000



At 31 December 2023

100,000



Net book value



At 31 December 2023
-



At 31 December 2022
-



Page 5

 
THE PC/MAC SUPPORT COMPANY LIMITED
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023

5.


Tangible fixed assets





Office equipment

£



Cost or valuation


At 1 January 2023
28,603


Additions
1,346



At 31 December 2023

29,949



Depreciation


At 1 January 2023
25,660


Charge for the year on owned assets
810



At 31 December 2023

26,470



Net book value



At 31 December 2023
3,479



At 31 December 2022
2,943


6.


Debtors

2023
2022
£
£


Trade debtors
158,925
147,805

Other debtors
-
2,313

Prepayments and accrued income
11,921
26,121

170,846
176,239



7.


Cash and cash equivalents

2023
2022
£
£

Cash at bank and in hand
314,661
276,076

314,661
276,076


Page 6

 
THE PC/MAC SUPPORT COMPANY LIMITED
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023

8.


Creditors: Amounts falling due within one year

2023
2022
£
£

Trade creditors
51,417
69,007

Other taxation and social security
69,195
44,710

Other creditors
13,427
19,176

Accruals and deferred income
13,643
8,797

147,682
141,690



9.


Creditors: Amounts falling due after more than one year

2023
2022
£
£

Other creditors
150,256
150,256

150,256
150,256



10.


Pension commitments

The company operates a defined contributions pension scheme.  The assets of the scheme are held seperately from those of the company in an independently administered fund.  The pension cost charge represents contributions payable to the company to the fund amounted to £42,987 (2022: £33,538).  Contributions totalling £2,168 (2022: £940) were payable to the fund at the balance sheet date and are included within creditors.

 
Page 7