Caseware UK (AP4) 2023.0.135 2023.0.135 2024-03-312024-03-3102023-04-01falseNo description of principal activity1truetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.false 04812774 2023-04-01 2024-03-31 04812774 2022-04-01 2023-03-31 04812774 2024-03-31 04812774 2023-03-31 04812774 c:Director1 2023-04-01 2024-03-31 04812774 d:MotorVehicles 2023-04-01 2024-03-31 04812774 d:MotorVehicles 2024-03-31 04812774 d:MotorVehicles 2023-03-31 04812774 d:CurrentFinancialInstruments 2024-03-31 04812774 d:CurrentFinancialInstruments 2023-03-31 04812774 d:CurrentFinancialInstruments 2 2024-03-31 04812774 d:CurrentFinancialInstruments 2 2023-03-31 04812774 d:CurrentFinancialInstruments d:WithinOneYear 2024-03-31 04812774 d:CurrentFinancialInstruments d:WithinOneYear 2023-03-31 04812774 d:ShareCapital 2024-03-31 04812774 d:ShareCapital 2023-03-31 04812774 d:RetainedEarningsAccumulatedLosses 2024-03-31 04812774 d:RetainedEarningsAccumulatedLosses 2023-03-31 04812774 c:OrdinaryShareClass1 2023-04-01 2024-03-31 04812774 c:OrdinaryShareClass1 2024-03-31 04812774 c:OrdinaryShareClass1 2023-03-31 04812774 c:OrdinaryShareClass2 2023-04-01 2024-03-31 04812774 c:OrdinaryShareClass2 2024-03-31 04812774 c:OrdinaryShareClass2 2023-03-31 04812774 c:OrdinaryShareClass3 2023-04-01 2024-03-31 04812774 c:OrdinaryShareClass3 2024-03-31 04812774 c:OrdinaryShareClass3 2023-03-31 04812774 c:PreferenceShareClass1 2023-04-01 2024-03-31 04812774 c:PreferenceShareClass1 2024-03-31 04812774 c:PreferenceShareClass1 2023-03-31 04812774 c:FRS102 2023-04-01 2024-03-31 04812774 c:AuditExempt-NoAccountantsReport 2023-04-01 2024-03-31 04812774 c:FullAccounts 2023-04-01 2024-03-31 04812774 c:PrivateLimitedCompanyLtd 2023-04-01 2024-03-31 04812774 2 2023-04-01 2024-03-31 04812774 f:PoundSterling 2023-04-01 2024-03-31 xbrli:shares iso4217:GBP xbrli:pure

Registered number: 04812774










MEREDITHS COACHES LIMITED








UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 31 MARCH 2024

 
MEREDITHS COACHES LIMITED
REGISTERED NUMBER: 04812774

BALANCE SHEET
AS AT 31 MARCH 2024

2024
2023
Note
£
£

Fixed assets
  

Tangible assets
 4 
-
14,025

  
-
14,025

Current assets
  

Debtors: amounts falling due within one year
 5 
122,523
99,783

Cash at bank and in hand
 6 
134,152
235,938

  
256,675
335,721

Creditors: amounts falling due within one year
 7 
(256,757)
(252,585)

Net current (liabilities)/assets
  
 
 
(82)
 
 
83,136

Total assets less current liabilities
  
(82)
97,161

  

Net (liabilities)/assets
  
(82)
97,161


Capital and reserves
  

Called up share capital 
 8 
100
100

Profit and loss account
  
(182)
97,061

  
(82)
97,161


Page 1

 
MEREDITHS COACHES LIMITED
REGISTERED NUMBER: 04812774
    
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 profit and loss account 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: 




D J Meredith
Director

Date: 25 October 2024

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

Page 2

 
MEREDITHS COACHES LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024

1.


General information

Merediths Coaches Limited, 04812774, is a private limited company, limited by shares, incorporated in England and Wales, with its registered office and principal place of business at Lydgate, Well Street, Malpas, Cheshire, SY14 8DE

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 accounts have been prepared on a going concern basis, with the undertstanding that the directors will continue to support the business. 

 
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

Interest income

Interest income is recognised in profit or loss using the effective interest method.

Page 3

 
MEREDITHS COACHES LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 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 Balance sheet. The assets of the plan are held separately from the Company in independently administered funds.

 
2.6

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.

 
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:

Motor vehicles
-
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.

 
2.8

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.

Page 4

 
MEREDITHS COACHES LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024

2.Accounting policies (continued)

 
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

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 0 (2023 - 1).


4.


Tangible fixed assets





Motor vehicles

£





At 1 April 2023
46,067


Disposals
(46,067)



At 31 March 2024

-





At 1 April 2023
32,042


Disposals
(32,042)



At 31 March 2024

-



Net book value



At 31 March 2024
-



At 31 March 2023
14,025

Page 5

 
MEREDITHS COACHES LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024

5.


Debtors

2024
2023
£
£


Trade debtors
-
2,620

Other debtors
109,664
81,937

Prepayments and accrued income
-
2,367

Tax recoverable
12,859
12,859

122,523
99,783



6.


Cash and cash equivalents

2024
2023
£
£

Cash at bank and in hand
134,152
235,938

134,152
235,938



7.


Creditors: Amounts falling due within one year

2024
2023
£
£

Trade creditors
-
353

Other taxation and social security
3,467
-

Accruals and deferred income
3,290
2,232

Share capital treated as debt
250,000
250,000

256,757
252,585


Page 6

 
MEREDITHS COACHES LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024

8.


Share capital

2024
2023
£
£
Shares classified as equity

Allotted, called up and fully paid



40 (2023 - 40) Ordinary A shares of £1.00 each
40
40
30 (2023 - 30) Ordinary B shares of £1.00 each
30
30
30 (2023 - 30) Ordinary C shares of £1.00 each
30
30

100

100

2024
2023
£
£
Shares classified as debt

Allotted, called up and fully paid



250,000 (2023 - 250,000) Redeemable preference shares of £1.00 each
250,000
250,000


 
Page 7