Caseware UK (AP4) 2023.0.135 2023.0.135 2024-03-312024-03-31No description of principal activityThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.2023-04-01false77truetruefalse 09414804 2023-04-01 2024-03-31 09414804 2022-04-01 2023-03-31 09414804 2024-03-31 09414804 2023-03-31 09414804 c:Director4 2023-04-01 2024-03-31 09414804 d:FurnitureFittings 2023-04-01 2024-03-31 09414804 d:FurnitureFittings 2024-03-31 09414804 d:FurnitureFittings 2023-03-31 09414804 d:FurnitureFittings d:OwnedOrFreeholdAssets 2023-04-01 2024-03-31 09414804 d:OfficeEquipment 2023-04-01 2024-03-31 09414804 d:OfficeEquipment 2024-03-31 09414804 d:OfficeEquipment 2023-03-31 09414804 d:OfficeEquipment d:OwnedOrFreeholdAssets 2023-04-01 2024-03-31 09414804 d:OwnedOrFreeholdAssets 2023-04-01 2024-03-31 09414804 d:Goodwill 2024-03-31 09414804 d:Goodwill 2023-03-31 09414804 d:CurrentFinancialInstruments 2024-03-31 09414804 d:CurrentFinancialInstruments 2023-03-31 09414804 d:Non-currentFinancialInstruments 2024-03-31 09414804 d:Non-currentFinancialInstruments 2023-03-31 09414804 d:CurrentFinancialInstruments d:WithinOneYear 2024-03-31 09414804 d:CurrentFinancialInstruments d:WithinOneYear 2023-03-31 09414804 d:Non-currentFinancialInstruments d:AfterOneYear 2024-03-31 09414804 d:Non-currentFinancialInstruments d:AfterOneYear 2023-03-31 09414804 d:Non-currentFinancialInstruments d:BetweenOneTwoYears 2024-03-31 09414804 d:Non-currentFinancialInstruments d:BetweenOneTwoYears 2023-03-31 09414804 d:Non-currentFinancialInstruments d:BetweenTwoFiveYears 2024-03-31 09414804 d:Non-currentFinancialInstruments d:BetweenTwoFiveYears 2023-03-31 09414804 d:Non-currentFinancialInstruments d:MoreThanFiveYears 2024-03-31 09414804 d:Non-currentFinancialInstruments d:MoreThanFiveYears 2023-03-31 09414804 d:ShareCapital 2024-03-31 09414804 d:ShareCapital 2023-03-31 09414804 d:RetainedEarningsAccumulatedLosses 2024-03-31 09414804 d:RetainedEarningsAccumulatedLosses 2023-03-31 09414804 c:OrdinaryShareClass1 2023-04-01 2024-03-31 09414804 c:OrdinaryShareClass1 2024-03-31 09414804 c:OrdinaryShareClass1 2023-03-31 09414804 c:OrdinaryShareClass2 2023-04-01 2024-03-31 09414804 c:OrdinaryShareClass2 2024-03-31 09414804 c:OrdinaryShareClass2 2023-03-31 09414804 c:OrdinaryShareClass3 2023-04-01 2024-03-31 09414804 c:OrdinaryShareClass3 2024-03-31 09414804 c:OrdinaryShareClass3 2023-03-31 09414804 c:OrdinaryShareClass4 2023-04-01 2024-03-31 09414804 c:OrdinaryShareClass4 2024-03-31 09414804 c:OrdinaryShareClass4 2023-03-31 09414804 c:OrdinaryShareClass5 2023-04-01 2024-03-31 09414804 c:OrdinaryShareClass5 2024-03-31 09414804 c:OrdinaryShareClass5 2023-03-31 09414804 c:FRS102 2023-04-01 2024-03-31 09414804 c:AuditExempt-NoAccountantsReport 2023-04-01 2024-03-31 09414804 c:FullAccounts 2023-04-01 2024-03-31 09414804 c:PrivateLimitedCompanyLtd 2023-04-01 2024-03-31 09414804 d:AcceleratedTaxDepreciationDeferredTax 2024-03-31 09414804 d:AcceleratedTaxDepreciationDeferredTax 2023-03-31 09414804 e:PoundSterling 2023-04-01 2024-03-31 xbrli:shares iso4217:GBP xbrli:pure

Registered number: 09414804










CAMPBELL GORDON LIMITED








UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 31 MARCH 2024

 
CAMPBELL GORDON LIMITED
REGISTERED NUMBER: 09414804

BALANCE SHEET
AS AT 31 MARCH 2024

2024
2023
Note
£
£

Fixed assets
  

Tangible assets
 5 
19,823
26,615

  
19,823
26,615

Current assets
  

Debtors: amounts falling due within one year
 6 
274,290
206,254

Cash at bank and in hand
  
198,490
182,249

  
472,780
388,503

Current liabilities
  

Creditors: amounts falling due within one year
 7 
(185,658)
(112,866)

Net current assets
  
 
 
287,122
 
 
275,637

Total assets less current liabilities
  
306,945
302,252

Creditors: amounts falling due after more than one year
 8 
(100,000)
(127,084)

Provisions for liabilities
  

Deferred tax
 10 
(4,949)
(6,654)

  
 
 
(4,949)
 
 
(6,654)

Net assets
  
201,996
168,514


Capital and reserves
  

Called up share capital 
 11 
66,500
66,500

Profit and loss account
  
135,496
102,014

  
201,996
168,514


Page 1

 
CAMPBELL GORDON LIMITED
REGISTERED NUMBER: 09414804

BALANCE SHEET (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 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: 


R Marson
Director
Date: 3 October 2024

The notes on pages 3 to 10 form part of these financial statements.

Page 2

 
CAMPBELL GORDON LIMITED
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024

1.


General information

Campbell Gordon Limited is a limited liability company incorporated in England and Wales. The address of its registered office is 8th Floor, Reading Bridge House, George Street, Reading, Berkshire, RG1 8LS.

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 for services provided during the year, excluding value added tax and other sales taxes.

 
2.3

Operating leases: the Company as lessee

Rentals paid under operating leases are charged to profit or loss on a straight-line basis over the lease term.

 
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

 
CAMPBELL GORDON LIMITED
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024

2.Accounting policies (continued)

 
2.5

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 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.

 
2.6

Intangible assets

Goodwill represents the difference between amounts paid on the cost of a business combination and the acquirer’s interest in the fair value of its identifiable assets and liabilities of the acquiree at the date of acquisition. Subsequent to initial recognition, Goodwill is measured at cost less accumulated amortisation and accumulated impairment losses. Goodwill is amortised on a straight line basis to the Statement of Comprehensive Income over its useful economic life.

 
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:

Fixtures & fittings
-
25%
Office equipment
-
25%

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.

Page 4

 
CAMPBELL GORDON LIMITED
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024

2.Accounting policies (continued)

 
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

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.

 
2.10

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.

 
2.11

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.

 
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 declared. 


3.


Employee

The average monthly number of employees, including directors, during the year was 7 (2023 - 7).

Page 5

 
CAMPBELL GORDON LIMITED
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024

4.


Intangible assets




Goodwill

£



Cost


At 1 April 2023
665,000



At 31 March 2024

665,000



Amortisation


At 1 April 2023
665,000



At 31 March 2024

665,000



Net book value



At 31 March 2024
-



At 31 March 2023
-



Page 6

 
CAMPBELL GORDON LIMITED
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024

5.


Tangible fixed assets





Fixtures & fittings
Office equipment
Total

£
£
£



Cost or valuation


At 1 April 2023
68,735
36,073
104,808


Disposals
(1,336)
-
(1,336)



At 31 March 2024

67,399
36,073
103,472



Depreciation


At 1 April 2023
51,056
27,137
78,193


Charge for the year on owned assets
4,336
2,234
6,570


Disposals
(1,114)
-
(1,114)



At 31 March 2024

54,278
29,371
83,649



Net book value



At 31 March 2024
13,121
6,702
19,823



At 31 March 2023
17,679
8,936
26,615


6.


Debtors

2024
2023
£
£


Trade debtors
81,920
50,570

Amounts owed by group undertakings
151,874
115,636

Other debtors
18,666
18,377

Prepayments and accrued income
21,830
21,671

274,290
206,254


Page 7

 
CAMPBELL GORDON LIMITED
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024

7.


Creditors: amounts falling due within one year

2024
2023
£
£

Bank loans
25,000
22,916

Trade creditors
2,029
1,624

Corporation tax
98,881
49,573

Other taxation and social security
28,758
33,601

Accruals and deferred income
30,990
5,152

185,658
112,866


National Westminster Bank has a fixed and floating charge covering all the property or undertakings of the company.


8.


Creditors: amounts falling due after more than one year

2024
2023
£
£

Bank loans
100,000
127,084

100,000
127,084


National Westminster Bank has a fixed and floating charge covering all the property or undertakings of the company.

Page 8

 
CAMPBELL GORDON LIMITED
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024

9.


Loans


Analysis of the maturity of loans is given below:


2024
2023
£
£

Amounts falling due within one year

Bank loans
25,000
22,916


25,000
22,916

Amounts falling due 1-2 years

Bank loans
25,000
25,000


25,000
25,000

Amounts falling due 2-5 years

Bank loans
75,000
75,000


75,000
75,000

Amounts falling due after more than 5 years

Bank loans
-
27,084

-
27,084

125,000
150,000



10.


Deferred taxation




2024


£






At beginning of year
(6,654)


Charged to profit or loss
1,705



At end of year
(4,949)

Page 9

 
CAMPBELL GORDON LIMITED
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024
 
10.Deferred taxation (continued)

The provision for deferred taxation is made up as follows:

2024
2023
£
£


Accelerated capital allowances
(4,949)
(6,654)

(4,949)
(6,654)


11.


Share capital

2024
2023
£
£
Allotted, called up and fully paid



525,350 (2023 - 525,350) Ordinary A shares of £0.10 each
52,535
52,535
68,825 (2023 - 68,825) Ordinary B shares of £0.10 each
6,883
6,883
68,825 (2023 - 68,825) Ordinary C shares of £0.10 each
6,882
6,882
1,000 (2023 - 1,000) Ordinary D shares of £0.10 each
100
100
1,000 (2023 - 1,000) Ordinary E shares of £0.10 each
100
100

66,500

66,500


All shares rank pari passu with each other, however the directors have the authority to pay differing rates of dividends on each class of share.



12.


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 £4,700 (2023: £4,622).
No contributions were outstanding in the current or prior year.


13.


Related party transactions

The company's entire share capital is held by Campbell Gordon Holdings Limited.
The company paid dividends of £257,125 to Campbell Gordon Holdings Limited during the year (2023: £450,960).
At the balance sheet date Campbell Gordon Holdings Limited owed the company £151,874 (2023: £115,636).


Page 10