Caseware UK (AP4) 2023.0.135 2023.0.135 2024-05-312024-05-31true2023-06-01false11falseThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.false 10193238 2023-06-01 2024-05-31 10193238 2022-06-01 2023-05-31 10193238 2024-05-31 10193238 2023-05-31 10193238 c:Director1 2023-06-01 2024-05-31 10193238 d:FurnitureFittings 2023-06-01 2024-05-31 10193238 d:FurnitureFittings 2024-05-31 10193238 d:FurnitureFittings 2023-05-31 10193238 d:FurnitureFittings d:OwnedOrFreeholdAssets 2023-06-01 2024-05-31 10193238 d:ComputerEquipment 2023-06-01 2024-05-31 10193238 d:ComputerEquipment 2024-05-31 10193238 d:ComputerEquipment 2023-05-31 10193238 d:ComputerEquipment d:OwnedOrFreeholdAssets 2023-06-01 2024-05-31 10193238 d:OwnedOrFreeholdAssets 2023-06-01 2024-05-31 10193238 d:Goodwill 2023-06-01 2024-05-31 10193238 d:Goodwill 2024-05-31 10193238 d:Goodwill 2023-05-31 10193238 d:CurrentFinancialInstruments 2024-05-31 10193238 d:CurrentFinancialInstruments 2023-05-31 10193238 d:CurrentFinancialInstruments d:WithinOneYear 2024-05-31 10193238 d:CurrentFinancialInstruments d:WithinOneYear 2023-05-31 10193238 d:ShareCapital 2024-05-31 10193238 d:ShareCapital 2023-05-31 10193238 d:RetainedEarningsAccumulatedLosses 2024-05-31 10193238 d:RetainedEarningsAccumulatedLosses 2023-05-31 10193238 c:FRS102 2023-06-01 2024-05-31 10193238 c:AuditExempt-NoAccountantsReport 2023-06-01 2024-05-31 10193238 c:FullAccounts 2023-06-01 2024-05-31 10193238 c:PrivateLimitedCompanyLtd 2023-06-01 2024-05-31 10193238 d:Goodwill d:OwnedIntangibleAssets 2023-06-01 2024-05-31 10193238 e:PoundSterling 2023-06-01 2024-05-31 iso4217:GBP xbrli:pure

Registered number: 10193238









ALL SQUARED ACCOUNTS LTD







UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 31 MAY 2024

 
ALL SQUARED ACCOUNTS LTD
REGISTERED NUMBER: 10193238

STATEMENT OF FINANCIAL POSITION
AS AT 31 MAY 2024

2024
2023
Note
£
£

Fixed assets
  

Intangible assets
 4 
5,425
7,525

Tangible assets
 5 
1,321
1,337

  
6,746
8,862

Current assets
  

Debtors: amounts falling due within one year
 6 
5,300
5,477

Cash at bank and in hand
 7 
12,903
7,754

  
18,203
13,231

Creditors: amounts falling due within one year
 8 
(19,151)
(21,798)

Net current liabilities
  
 
 
(948)
 
 
(8,567)

Total assets less current liabilities
  
5,798
295

  

Net assets
  
5,798
295


Capital and reserves
  

Called up share capital 
  
100
100

Profit and loss account
  
5,698
195

  
5,798
295


Page 1

 
ALL SQUARED ACCOUNTS LTD
REGISTERED NUMBER: 10193238
    
STATEMENT OF FINANCIAL POSITION (CONTINUED)
AS AT 31 MAY 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 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: 




Sarah Hadland
Director

Date: 22 October 2024

The notes on pages 3 to 7 form part of these financial statements.

Page 2

 
ALL SQUARED ACCOUNTS LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MAY 2024

1.


General information

All Squared Accounts Ltd is a private company limited by shares and incorporated in England and Wales (Registered number 10193238). The registered office is 101 New Cavendish Street, 1st Floor South, London, W1W 6XH.
 

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

Intangible assets

Goodwill

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.

Other intangible assets

Intangible assets are initially recognised at cost. After recognition, under the cost model, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

All intangible assets are considered to have a finite useful life. If a reliable estimate of the useful life cannot be made, the useful life shall not exceed ten years.

 
2.3

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 3

 
ALL SQUARED ACCOUNTS LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MAY 2024

2.Accounting policies (continued)


2.3
Tangible fixed assets (continued)

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 and fittings
-
25%
reducing balance
Computer 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.

 
2.4

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.

 
2.5

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.

 
2.6

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.

 
2.7

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 1 (2023 - 1).

Page 4

 
ALL SQUARED ACCOUNTS LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MAY 2024

4.


Intangible assets




Goodwill

£



Cost


At 1 June 2023
21,000



At 31 May 2024

21,000



Amortisation


At 1 June 2023
13,475


Charge for the year on owned assets
2,100



At 31 May 2024

15,575



Net book value



At 31 May 2024
5,425



At 31 May 2023
7,525



Page 5

 
ALL SQUARED ACCOUNTS LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MAY 2024

5.


Tangible fixed assets





Fixtures and fittings
Computer equipment
Total

£
£
£



Cost or valuation


At 1 June 2023
991
2,037
3,028


Additions
-
400
400



At 31 May 2024

991
2,437
3,428



Depreciation


At 1 June 2023
714
976
1,690


Charge for the year on owned assets
69
348
417



At 31 May 2024

783
1,324
2,107



Net book value



At 31 May 2024
208
1,113
1,321



At 31 May 2023
277
1,060
1,337


6.


Debtors

2024
2023
£
£


Trade debtors
4,993
5,179

Prepayments and accrued income
307
298

5,300
5,477



7.


Cash and cash equivalents

2024
2023
£
£

Cash at bank and in hand
12,903
7,754

12,903
7,754


Page 6

 
ALL SQUARED ACCOUNTS LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MAY 2024

8.


Creditors: Amounts falling due within one year

2024
2023
£
£

Trade creditors
307
298

Corporation tax
5,306
3,499

Other taxation and social security
160
146

Other creditors
12,178
16,655

Accruals and deferred income
1,200
1,200

19,151
21,798


 
Page 7