Caseware UK (AP4) 2023.0.135 2023.0.135 2024-03-312024-03-31falsefalseThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.2023-04-01falseNo description of principal activity00true 02125199 2023-04-01 2024-03-31 02125199 2022-04-01 2023-03-31 02125199 2024-03-31 02125199 2023-03-31 02125199 c:Director3 2023-04-01 2024-03-31 02125199 c:Director4 2023-04-01 2024-03-31 02125199 d:CurrentFinancialInstruments 2024-03-31 02125199 d:CurrentFinancialInstruments 2023-03-31 02125199 d:CurrentFinancialInstruments d:WithinOneYear 2024-03-31 02125199 d:CurrentFinancialInstruments d:WithinOneYear 2023-03-31 02125199 d:RetainedEarningsAccumulatedLosses 2024-03-31 02125199 d:RetainedEarningsAccumulatedLosses 2023-03-31 02125199 c:FRS102 2023-04-01 2024-03-31 02125199 c:AuditExempt-NoAccountantsReport 2023-04-01 2024-03-31 02125199 c:FullAccounts 2023-04-01 2024-03-31 02125199 c:CompanyLimitedByGuarantee 2023-04-01 2024-03-31 02125199 2 2023-04-01 2024-03-31 02125199 e:PoundSterling 2023-04-01 2024-03-31 iso4217:GBP xbrli:pure

Registered number: 02125199










THE CORN EXCHANGE COMPANY LIMITED
(A company limited by guarantee)








UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 31 MARCH 2024

 
THE CORN EXCHANGE COMPANY LIMITED
 
(A company limited by guarantee)
REGISTERED NUMBER: 02125199

STATEMENT OF FINANCIAL POSITION
AS AT 31 MARCH 2024

2024
2023
Note
£
£

  

Current assets
  

Cash at bank and in hand
  
84,387
75,945

  
84,387
75,945

Creditors: amounts falling due within one year
 4 
(8,251)
(1,048)

Net current assets
  
 
 
76,136
 
 
74,897

Total assets less current liabilities
  
76,136
74,897

  

Net assets
  
76,136
74,897


Capital and reserves
  

Profit and loss account
  
76,136
74,897

  
76,136
74,897


Page 1

 
THE CORN EXCHANGE COMPANY LIMITED
 
(A company limited by guarantee)
REGISTERED NUMBER: 02125199
    
STATEMENT OF FINANCIAL POSITION (CONTINUED)
AS AT 31 MARCH 2024

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 on 6 September 2024.




M W Ringrose
R V Hayes
Director
Director

The notes on pages 3 to 4 form part of these financial statements.

Page 2

 
THE CORN EXCHANGE COMPANY LIMITED

(A company limited by guarantee)
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024

1.Accounting policies

 
1.1

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:

 
1.2

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.

 
1.3

Interest income

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

 
1.4

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 reporting date in the countries where the Company operates and generates income.

 
1.5

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.

Page 3

 
THE CORN EXCHANGE COMPANY LIMITED

(A company limited by guarantee)
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024

1.Accounting policies (continued)

 
1.6

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.


General information

The Corn Exchange Company Limited is a private company, limited by guarantee and incorporated in England.
Its registered number is:   02125199
The Registered office is:
Invision House
Wilbury Way
Hitchin
SG4 0TY


3.


Employees

The Company has no employees other than the directors, who did not receive any remuneration (2023 - £NIL).


4.


Creditors: Amounts falling due within one year

2024
2023
£
£

Trade creditors
3,250
-

Corporation tax
291
88

Accruals and deferred income
4,710
960

8,251
1,048




5.


Company status

The company is a private company limited by guarantee and consequently does not have share capital. Each of the members is liable to contribute an amount not exceeding £1 towards the assets of the company in the event of liquidation.
 
Page 4