Caseware UK (AP4) 2023.0.135 2023.0.135 2024-01-312024-01-312023-02-01falseNo description of principal activity66truetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.false 09375643 2023-02-01 2024-01-31 09375643 2022-02-01 2023-01-31 09375643 2024-01-31 09375643 2023-01-31 09375643 c:Director1 2023-02-01 2024-01-31 09375643 d:MotorVehicles 2023-02-01 2024-01-31 09375643 d:MotorVehicles 2024-01-31 09375643 d:MotorVehicles 2023-01-31 09375643 d:MotorVehicles d:OwnedOrFreeholdAssets 2023-02-01 2024-01-31 09375643 d:FurnitureFittings 2023-02-01 2024-01-31 09375643 d:FurnitureFittings 2024-01-31 09375643 d:FurnitureFittings 2023-01-31 09375643 d:FurnitureFittings d:OwnedOrFreeholdAssets 2023-02-01 2024-01-31 09375643 d:OfficeEquipment 2023-02-01 2024-01-31 09375643 d:OfficeEquipment 2024-01-31 09375643 d:OfficeEquipment 2023-01-31 09375643 d:OfficeEquipment d:OwnedOrFreeholdAssets 2023-02-01 2024-01-31 09375643 d:OwnedOrFreeholdAssets 2023-02-01 2024-01-31 09375643 d:CurrentFinancialInstruments 2024-01-31 09375643 d:CurrentFinancialInstruments 2023-01-31 09375643 d:CurrentFinancialInstruments d:WithinOneYear 2024-01-31 09375643 d:CurrentFinancialInstruments d:WithinOneYear 2023-01-31 09375643 d:UKTax 2023-02-01 2024-01-31 09375643 d:UKTax 2022-02-01 2023-01-31 09375643 d:ShareCapital 2024-01-31 09375643 d:ShareCapital 2023-01-31 09375643 d:RetainedEarningsAccumulatedLosses 2024-01-31 09375643 d:RetainedEarningsAccumulatedLosses 2023-01-31 09375643 c:FRS102 2023-02-01 2024-01-31 09375643 c:AuditExempt-NoAccountantsReport 2023-02-01 2024-01-31 09375643 c:FullAccounts 2023-02-01 2024-01-31 09375643 c:PrivateLimitedCompanyLtd 2023-02-01 2024-01-31 09375643 d:AcceleratedTaxDepreciationDeferredTax 2024-01-31 09375643 d:AcceleratedTaxDepreciationDeferredTax 2023-01-31 09375643 e:PoundSterling 2023-02-01 2024-01-31 iso4217:GBP xbrli:pure

Registered number: 09375643









HAL ARCHITECTS LIMITED







UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 31 JANUARY 2024

 
HAL ARCHITECTS LIMITED
REGISTERED NUMBER: 09375643

STATEMENT OF FINANCIAL POSITION
AS AT 31 JANUARY 2024

2024
2023
Note
£
£

Fixed assets
  

Tangible assets
 6 
43,699
51,567

  
43,699
51,567

Current assets
  

Debtors: amounts falling due within one year
 7 
220,171
152,724

Cash at bank and in hand
  
675,714
702,181

  
895,885
854,905

Creditors: amounts falling due within one year
 8 
(181,047)
(166,389)

Net current assets
  
 
 
714,838
 
 
688,516

Total assets less current liabilities
  
758,537
740,083

Provisions for liabilities
  

Deferred tax
 9 
(8,303)
(9,798)

  
 
 
(8,303)
 
 
(9,798)

Net assets
  
750,234
730,285


Capital and reserves
  

Called up share capital 
  
100
100

Profit and loss account
  
750,134
730,185

  
750,234
730,285


Page 1

 
HAL ARCHITECTS LIMITED
REGISTERED NUMBER: 09375643
    
STATEMENT OF FINANCIAL POSITION (CONTINUED)
AS AT 31 JANUARY 2024

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 his 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 comprehensive income 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: 


H S Currey
Director

Date: 10 September 2024

The notes on pages 3 to 9 form part of these financial statements.

Page 2

 
HAL ARCHITECTS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2024

1.


General information

Hal Architects Limited is a private company, limited by shares, registered in England and Wales. The company's registered office is 101 New Cavendish Street, London, W1W 6XH.
The finanacial statements are presented in Sterling, which is the functional and presentational currency of the company.

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

Government grants

Grants are accounted under the accruals model as permitted by FRS 102. Grants relating to expenditure on tangible fixed assets are credited to profit or loss at the same rate as the depreciation on the assets to which the grant relates. The deferred element of grants is included in creditors as deferred income.
Grants of a revenue nature are recognised in the Statement of Comprehensive Income in the same period as the related expenditure.

 
2.4

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.

Page 3

 
HAL ARCHITECTS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2024

2.Accounting policies (continued)

 
2.5

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 Statement of Financial Position. The assets of the plan are held separately from the Company in independently administered funds.

 
2.6

Current and deferred taxation

The tax expense for the year comprises current and deferred tax. 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.

Deferred tax balances are recognised in respect of all timing differences that have originated but not reversed by the reporting 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 reporting date.

 
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.

Page 4

 
HAL ARCHITECTS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2024

2.Accounting policies (continued)


2.7
Tangible fixed assets (continued)

Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, using the straight-line method.

Depreciation is provided on the following basis:

Motor vehicles
-
25%
Fixtures and fittings
-
20%
Office equipment
-
33%

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

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.

 
2.9

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.

 
2.10

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 6 (2023 - 6).

Page 5

 
HAL ARCHITECTS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2024

4.


Taxation


2024
2023
£
£

Corporation tax


Current tax on profits for the year
20,276
39,792

Adjustments in respect of previous periods
-
(1,170)


20,276
38,622


Total current tax
20,276
38,622

Deferred tax


Origination and reversal of timing differences
(1,495)
2,483

Total deferred tax
(1,495)
2,483


Tax on profit
18,781
41,105

Factors affecting tax charge for the year

There were no factors that affected the tax charge for the year which has been calculated on the profits on ordinary activities before tax at the standard rate of corporation tax prevailing at the year end  in the UK of  25% (2023 - 19%).



5.


Dividends

2024
2023
£
£


Dividends
40,000
40,000

40,000
40,000

Page 6

 
HAL ARCHITECTS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2024

6.


Tangible fixed assets





Motor vehicles
Fixtures and fittings
Office equipment
Total

£
£
£
£



Cost or valuation


At 1 February 2023
35,029
14,115
37,535
86,679


Additions
-
1,604
15,531
17,135



At 31 January 2024

35,029
15,719
53,066
103,814



Depreciation


At 1 February 2023
12,405
11,552
11,155
35,112


Charge for the year on owned assets
8,757
1,651
14,595
25,003



At 31 January 2024

21,162
13,203
25,750
60,115



Net book value



At 31 January 2024
13,867
2,516
27,316
43,699



At 31 January 2023
22,624
2,564
26,380
51,568

Page 7

 
HAL ARCHITECTS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2024

7.


Debtors

2024
2023
£
£


Trade debtors
178,163
119,595

Other debtors
2,300
2,300

Prepayments and accrued income
39,708
30,829

220,171
152,724



8.


Creditors: Amounts falling due within one year

2024
2023
£
£

Trade creditors
15,759
3,825

Corporation tax
20,330
38,557

Other taxation and social security
51,627
42,517

Other creditors
72,131
71,839

Accruals and deferred income
21,200
9,651

181,047
166,389


2024
2023
£
£

Other taxation and social security

PAYE/NI control
13,287
14,895

VAT control
38,342
27,623

51,629
42,518



9.


Deferred taxation




2024


£






At beginning of year
(9,798)


Charged to profit or loss
1,495



At end of year
(8,303)

Page 8

 
HAL ARCHITECTS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2024
 
9.Deferred taxation (continued)

The provision for deferred taxation is made up as follows:

2024
2023
£
£


Accelerated capital allowances
8,303
9,798

8,303
9,798


10.


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.  The pension cost charge represents contributions payable by the Company to the fund and amounted to £54,678 (2023 - £44,935). Contributions totaling £3,878 (2023 - £1,076) were payable to the fund at the balance sheet date and are included in creditors.


11.


Controlling party

The company is under the control of its director, H S Currey.

 
Page 9