Caseware UK (AP4) 2023.0.135 2023.0.135 2024-03-312024-03-312023-04-01falsetrue1No description of principal activity1trueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.false 11191195 2023-04-01 2024-03-31 11191195 2022-04-01 2023-03-31 11191195 2024-03-31 11191195 2023-03-31 11191195 c:Director1 2023-04-01 2024-03-31 11191195 d:OfficeEquipment 2023-04-01 2024-03-31 11191195 d:OfficeEquipment 2024-03-31 11191195 d:OfficeEquipment 2023-03-31 11191195 d:OfficeEquipment d:OwnedOrFreeholdAssets 2023-04-01 2024-03-31 11191195 d:CurrentFinancialInstruments 2024-03-31 11191195 d:CurrentFinancialInstruments 2023-03-31 11191195 d:CurrentFinancialInstruments d:WithinOneYear 2024-03-31 11191195 d:CurrentFinancialInstruments d:WithinOneYear 2023-03-31 11191195 d:ShareCapital 2024-03-31 11191195 d:ShareCapital 2023-03-31 11191195 d:RetainedEarningsAccumulatedLosses 2024-03-31 11191195 d:RetainedEarningsAccumulatedLosses 2023-03-31 11191195 c:FRS102 2023-04-01 2024-03-31 11191195 c:AuditExempt-NoAccountantsReport 2023-04-01 2024-03-31 11191195 c:FullAccounts 2023-04-01 2024-03-31 11191195 c:PrivateLimitedCompanyLtd 2023-04-01 2024-03-31 11191195 e:PoundSterling 2023-04-01 2024-03-31 iso4217:GBP xbrli:pure

Registered number: 11191195









TREVETHAN ASSOCIATES LIMITED







UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 31 MARCH 2024

 
TREVETHAN ASSOCIATES LIMITED
REGISTERED NUMBER: 11191195

BALANCE SHEET
AS AT 31 MARCH 2024

2024
2023
Note
£
£

Fixed assets
  

Tangible assets
 4 
220
294

  
220
294

Current assets
  

Cash at bank and in hand
 5 
177
205

  
177
205

Creditors: amounts falling due within one year
 6 
(16,061)
(15,158)

Net current liabilities
  
 
 
(15,884)
 
 
(14,953)

Total assets less current liabilities
  
(15,664)
(14,659)

  

Net liabilities
  
(15,664)
(14,659)


Capital and reserves
  

Called up share capital 
  
100
100

Profit and loss account
  
(15,764)
(14,759)

  
(15,664)
(14,659)


Page 1

 
TREVETHAN ASSOCIATES LIMITED
REGISTERED NUMBER: 11191195
    
BALANCE SHEET (CONTINUED)
AS AT 31 MARCH 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 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 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 15 October 2024.




Mrs E Jackson
Director

The notes on pages 3 to 6 form part of these financial statements.

Page 2

 
TREVETHAN ASSOCIATES LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024

1.


General information

Trevethan Associates Limited is a private company limited by shares. The company is incorporated in England & Wales and its registered address is Aston House, Cornwall Avenue, London N3 1LF. The registered number is 11191195. 

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

Going concern

The company's liabilities exceed its assets, however, the company retains the financial support of its shareholder and as such the director considers it appropriate to prepare the accounts on a going concern basis.

 
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

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.

Benefits received and receivable as an incentive to sign an operating lease are recognised on a straight-line basis over the lease term, unless another systematic basis is representative of the time pattern of the lessee's benefit from the use of the leased asset.

Page 3

 
TREVETHAN ASSOCIATES LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024

2.Accounting policies (continued)

 
2.5

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:

Office equipment
-
25%
Reducing balance

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.

 
2.6

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.

Other financial assets

Page 4

 
TREVETHAN ASSOCIATES LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024

2.Accounting policies (continued)


2.8
Financial instruments (continued)

Other financial assets, which includes investments in equity instruments which are not classified as subsidiaries, associates or joint ventures, are initially measured at fair value, which is normally the recognised transaction price. Such assets are subsequently measured at fair value with the changes in fair value being recognised in the profit or loss. Where other financial assets are not publicly traded, hence their fair value cannot be measured reliably, they are measured at cost less impairment.


3.


Employees




The average monthly number of employees, including directors, during the year was 1 (2023 - 1).


4.


Tangible fixed assets





Office equipment

£



Cost or valuation


At 1 April 2023
1,191



At 31 March 2024

1,191



Depreciation


At 1 April 2023
897


Charge for the year on owned assets
74



At 31 March 2024

971



Net book value



At 31 March 2024
220



At 31 March 2023
294

Page 5

 
TREVETHAN ASSOCIATES LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024

5.


Cash and cash equivalents

2024
2023
£
£

Cash at bank and in hand
177
205

177
205



6.


Creditors: Amounts falling due within one year

2024
2023
£
£

Other creditors
14,561
13,658

Accruals and deferred income
1,500
1,500

16,061
15,158


 
Page 6