Caseware UK (AP4) 2023.0.135 2023.0.135 2023-12-312023-12-313No description of principal activitytruetruefalse2022-12-15The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.false 14542186 2022-12-14 14542186 2022-12-15 2023-12-31 14542186 2022-01-01 2022-12-14 14542186 2023-12-31 14542186 c:Director1 2022-12-15 2023-12-31 14542186 d:CurrentFinancialInstruments 2023-12-31 14542186 d:CurrentFinancialInstruments d:WithinOneYear 2023-12-31 14542186 d:ShareCapital 2023-12-31 14542186 d:RetainedEarningsAccumulatedLosses 2023-12-31 14542186 c:FRS102 2022-12-15 2023-12-31 14542186 c:AuditExempt-NoAccountantsReport 2022-12-15 2023-12-31 14542186 c:FullAccounts 2022-12-15 2023-12-31 14542186 c:PrivateLimitedCompanyLtd 2022-12-15 2023-12-31 14542186 2 2022-12-15 2023-12-31 14542186 e:PoundSterling 2022-12-15 2023-12-31 iso4217:GBP xbrli:pure

Registered number: 14542186









MITCHELL SPECIAL PROJECTS LIMITED







UNAUDITED

FINANCIAL STATEMENTS

FOR THE PERIOD ENDED 31 DECEMBER 2023

 
MITCHELL SPECIAL PROJECTS LIMITED
REGISTERED NUMBER: 14542186

BALANCE SHEET
AS AT 31 DECEMBER 2023

2023
2023
Note
£
£

  

Current assets
  

Debtors: amounts falling due within one year
 4 
46,985

Cash at bank and in hand
 5 
114,860

  
161,845

Creditors: amounts falling due within one year
 6 
(111,166)

Net current assets
  
 
 
50,679

Net assets
  
50,679


Capital and reserves
  

Called up share capital 
  
100

Profit and loss account
  
50,579

  
50,679


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 period 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 on 26 September 2024.




D N Archer
Director

The notes on pages 2 to 4 form part of these financial statements.
Page 1

 
MITCHELL SPECIAL PROJECTS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 DECEMBER 2023

1.


General information

Mitchell Special Projects Limited ("the Company") is a private company limited by shares, incorporated in England and Wales. The address of its registered office is Romy House, 163-167 Kings Road, Brentwood, Essex, CM14 4EG. 

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

Interest income

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

Page 2

 
MITCHELL SPECIAL PROJECTS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 DECEMBER 2023

2.Accounting policies (continued)

 
2.4

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.

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.

 
2.5

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.

 
2.6

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

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.


3.


Employees




The average monthly number of employees, including directors, during the period was 3.

Page 3

 
MITCHELL SPECIAL PROJECTS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 DECEMBER 2023

4.


Debtors

2023
£


Prepayments and accrued income
46,985



5.


Cash and cash equivalents

2023
£

Cash at bank and in hand
114,860



6.


Creditors: Amounts falling due within one year

2023
£

Trade creditors
23,076

Corporation tax
14,149

Other taxation and social security
63,796

Other creditors
38

Accruals and deferred income
10,107

111,166


 
Page 4