Caseware UK (AP4) 2023.0.135 2023.0.135 2023-12-312023-12-312023-01-01falseThe principal activity of the company is that of information technology consultancy activities.11falsetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.false 13264549 2023-01-01 2023-12-31 13264549 2022-01-01 2022-12-31 13264549 2023-12-31 13264549 2022-12-31 13264549 c:Director1 2023-01-01 2023-12-31 13264549 c:RegisteredOffice 2023-01-01 2023-12-31 13264549 d:CurrentFinancialInstruments 2023-12-31 13264549 d:CurrentFinancialInstruments 2022-12-31 13264549 d:CurrentFinancialInstruments d:WithinOneYear 2023-12-31 13264549 d:CurrentFinancialInstruments d:WithinOneYear 2022-12-31 13264549 d:ShareCapital 2023-12-31 13264549 d:ShareCapital 2022-12-31 13264549 d:RetainedEarningsAccumulatedLosses 2023-12-31 13264549 d:RetainedEarningsAccumulatedLosses 2022-12-31 13264549 d:FinancialAssetsDesignatedFairValueThroughProfitOrLoss 2023-12-31 13264549 d:FinancialAssetsDesignatedFairValueThroughProfitOrLoss 2022-12-31 13264549 c:OrdinaryShareClass1 2023-01-01 2023-12-31 13264549 c:OrdinaryShareClass1 2023-12-31 13264549 c:OrdinaryShareClass1 2022-12-31 13264549 c:FRS102 2023-01-01 2023-12-31 13264549 c:AuditExempt-NoAccountantsReport 2023-01-01 2023-12-31 13264549 c:FullAccounts 2023-01-01 2023-12-31 13264549 c:PrivateLimitedCompanyLtd 2023-01-01 2023-12-31 13264549 e:PoundSterling 2023-01-01 2023-12-31 xbrli:shares iso4217:GBP xbrli:pure

Registered number: 13264549









BEA GRACE ENTERPRISES LTD







UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 31 DECEMBER 2023

 
BEA GRACE ENTERPRISES LTD
 
 
COMPANY INFORMATION


Director
G B G Fish 




Registered number
13264549



Registered office
102 Lansdowne Road

London

W11 2LS




Accountants
Rawlinson & Hunter LLP
Chartered Accountants

Eighth Floor

6 New Street Square

New Fetter Lane

London

EC4A 3AQ





 
BEA GRACE ENTERPRISES LTD
 

CONTENTS



Page
Balance Sheet
 
1
Notes to the Financial Statements
 
2 - 5



 
BEA GRACE ENTERPRISES LTD
REGISTERED NUMBER: 13264549

BALANCE SHEET
AS AT 31 DECEMBER 2023

2023
2022
Note
£
£

  

Current assets
  

Debtors: amounts falling due within one year
 4 
85,001
92,773

Cash at bank and in hand
 5 
110,001
75,922

  
195,002
168,695

Creditors: amounts falling due within one year
 6 
(22,982)
(42,744)

Net current assets
  
 
 
172,020
 
 
125,951

Total assets less current liabilities
  
172,020
125,951

  

Net assets
  
172,020
125,951


Capital and reserves
  

Called up share capital 
 8 
2
2

Profit and loss account
  
172,018
125,949

  
172,020
125,951


The director considers 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 director acknowledges her 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 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 on 27 September 2024.




G B G Fish
Director

The notes on pages 2 to 5 form part of these financial statements.

Page 1

 
BEA GRACE ENTERPRISES LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023

1.


General information

Bea Grace Enterprises Ltd is a private company, limited by shares, incorporated in England and Wales with registration number 13264549. The registered address is 102 Landsdowne Road, London, England, W11 2LS.

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

The financial statements have been prepared on a going concern basis which assumes that the company will continue in operational existence for the foreseeable future. The company expects the continued support of the shareholder, who have confirmed provision of such financial support as is necessary for the company to meet its liabilities as they fall due and continue in operation for a period of at least twelve months from the date of signing of the financial statements of the company.

 
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.

 
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.

Page 2

 
BEA GRACE ENTERPRISES LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023

2.Accounting policies (continued)

 
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.
 
 
2.8

Financial instruments

The company has elected to apply the provisions of Section 11 “Basic Financial Instruments” of FRS 102 to all of its financial instruments.

Basic financial assets

Basic financial assets, which include trade and other receivables, cash and bank balances, are initially measured at their transaction price including transaction costs and are subsequently carried at their amortised cost using the effective interest method, less any provision for impairment, 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.

Discounting is omitted where the effect of discounting is immaterial. The company's cash and cash equivalents, trade and most other receivables due with the operating cycle fall into this category of financial instruments.


3.


Employees




The average monthly number of employees, including directors, during the year was 1 (2022 - 1).

Page 3

 
BEA GRACE ENTERPRISES LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023

4.


Debtors

2023
2022
£
£


Trade debtors
85,000
-

Other debtors
1
7,773

Prepayments and accrued income
-
85,000

85,001
92,773


Included within other debtors due within one year is a loan to a director, amounting to £Nil (2022 - £7,773). Amounts repaid during the year totalled £7,772 (2022 - £Nil). The loan was interest free and repayable on demand.


5.


Cash and cash equivalents

2023
2022
£
£

Cash at bank and in hand
110,001
75,922



6.


Creditors: Amounts falling due within one year

2023
2022
£
£

Corporation tax
13,982
29,544

Accruals
9,000
13,200

22,982
42,744



7.


Financial instruments

2023
2022
£
£

Financial assets


Financial assets measured at fair value through profit or loss
110,001
75,922




Financial assets measured at fair value through profit or loss comprise cash at bank and in hand.

Page 4

 
BEA GRACE ENTERPRISES LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023

8.


Share capital

2023
2022
£
£
Allotted, called up and fully paid



2 (2022 - 2) Ordinary shares of £1.00 each
2
2



9.


Related party transactions

During the period the company provided services totalling £85,000 (2022 - £85,000) included in turnover from Giant Ventures Global LLP, which is an entity related by common control. The full amount (2022 - £85,000) was outstanding at the year end and included in trade debtors.

Page 5