Caseware UK (AP4) 2023.0.135 2023.0.135 false2023-04-01No description of principal activity1311falsetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.false 13313323 2023-04-01 2024-03-31 13313323 2022-04-01 2023-03-31 13313323 2024-03-31 13313323 2023-03-31 13313323 c:Director1 2023-04-01 2024-03-31 13313323 d:ComputerEquipment 2023-04-01 2024-03-31 13313323 d:ComputerEquipment 2024-03-31 13313323 d:ComputerEquipment 2023-03-31 13313323 d:ComputerEquipment d:OwnedOrFreeholdAssets 2023-04-01 2024-03-31 13313323 d:CurrentFinancialInstruments 2024-03-31 13313323 d:CurrentFinancialInstruments 2023-03-31 13313323 d:CurrentFinancialInstruments d:WithinOneYear 2024-03-31 13313323 d:CurrentFinancialInstruments d:WithinOneYear 2023-03-31 13313323 d:ShareCapital 2024-03-31 13313323 d:ShareCapital 2023-03-31 13313323 d:RetainedEarningsAccumulatedLosses 2024-03-31 13313323 d:RetainedEarningsAccumulatedLosses 2023-03-31 13313323 c:FRS102 2023-04-01 2024-03-31 13313323 c:AuditExempt-NoAccountantsReport 2023-04-01 2024-03-31 13313323 c:FullAccounts 2023-04-01 2024-03-31 13313323 c:PrivateLimitedCompanyLtd 2023-04-01 2024-03-31 13313323 e:PoundSterling 2023-04-01 2024-03-31 iso4217:GBP xbrli:pure
Company registration number: 13313323











CRAFTSMAN PLUS LIMITED
Unaudited
Financial statements
Information for filing with the registrar
For the Year Ended 31 March 2024

















Coveney Nicholls Limited
Chartered Accountants
The Old Wheel House
31/37 Church Street
Reigate
Surrey
UK
RH2 0AD

 
CRAFTSMAN PLUS LIMITED
Registered number:13313323

Balance Sheet
As at 31 March 2024

2024
2023
Note
£
£

Fixed assets
  

Tangible assets
 4 
659
1,076

  
659
1,076

Current assets
  

Debtors: amounts falling due within one year
 5 
47,827
31,976

Cash at bank and in hand
  
3,458
3,442

  
51,285
35,418

Creditors: amounts falling due within one year
 6 
(24,240)
(36,493)

Net current assets/(liabilities)
  
 
 
27,045
 
 
(1,075)

Total assets less current liabilities
  
27,704
1

  

Net assets
  
27,704
1


Capital and reserves
  

Called up share capital 
  
1
1

Profit and loss account
  
27,703
-

  
27,704
1


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 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.




Page 1

 
CRAFTSMAN PLUS LIMITED
Registered number:13313323
    
Balance Sheet (continued)
As at 31 March 2024

Alexander Merutka
Director

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

Page 2

 
CRAFTSMAN PLUS LIMITED
 
 
Notes to the Financial Statements

For the Year Ended 31 March 2024

1.


General information

Craftsman Plus Limited is a private company, limited by shares and incorporated in England and Wales, company registration number 13313323. The registered office is disclosed on the company information page. The company has no trading address.

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:

 
2.3

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.

 
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.

 
2.5

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 3

 
CRAFTSMAN PLUS LIMITED
 
 
Notes to the Financial Statements

For the Year Ended 31 March 2024

2.Accounting policies (continued)

 
2.6

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, using the straight-line method.

Depreciation is provided on the following basis:

Computer equipment
-
over 3 years

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.

 
2.7

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.

 
2.8

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.


3.


Employees

The average monthly number of employees, including directors, during the year was 13 (2023 - 11).

Page 4

 
CRAFTSMAN PLUS LIMITED
 
 
Notes to the Financial Statements

For the Year Ended 31 March 2024

4.


Tangible fixed assets





Computer equipment

£



Cost or valuation


At 1 April 2023
1,249



At 31 March 2024

1,249



Depreciation


At 1 April 2023
173


Charge for the year on owned assets
417



At 31 March 2024

590



Net book value



At 31 March 2024
659



At 31 March 2023
1,076


5.


Debtors

2024
2023
£
£


Amounts owed by group undertakings
47,827
31,976

47,827
31,976


Page 5

 
CRAFTSMAN PLUS LIMITED
 
 
Notes to the Financial Statements

For the Year Ended 31 March 2024

6.


Creditors: Amounts falling due within one year

2024
2023
£
£

Trade creditors
-
519

Corporation tax
6,597
-

Other taxation and social security
13,195
18,414

Other creditors
1,398
6,280

Accruals and deferred income
3,050
11,280

24,240
36,493



7.


Controlling party

The smallest group in which the company is a member, and for which group accounts are made up is Craftsman PLus, Inc located at 407 Lincoln Road, Suite 6H, PMB1234, Miami Beach, FL 33139

 
Page 6