Caseware UK (AP4) 2023.0.135 2023.0.135 2024-01-312024-01-31No description of principal activityThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.2023-02-01false22truetruefalse 07342743 2023-02-01 2024-01-31 07342743 2022-01-31 2023-01-31 07342743 2024-01-31 07342743 2023-01-31 07342743 c:Director1 2023-02-01 2024-01-31 07342743 d:FurnitureFittings 2023-02-01 2024-01-31 07342743 d:FurnitureFittings 2024-01-31 07342743 d:FurnitureFittings 2023-01-31 07342743 d:FurnitureFittings d:OwnedOrFreeholdAssets 2023-02-01 2024-01-31 07342743 d:Goodwill 2023-02-01 2024-01-31 07342743 d:CurrentFinancialInstruments 2024-01-31 07342743 d:CurrentFinancialInstruments 2023-01-31 07342743 d:Non-currentFinancialInstruments 2024-01-31 07342743 d:Non-currentFinancialInstruments 2023-01-31 07342743 d:CurrentFinancialInstruments d:WithinOneYear 2024-01-31 07342743 d:CurrentFinancialInstruments d:WithinOneYear 2023-01-31 07342743 d:Non-currentFinancialInstruments d:AfterOneYear 2024-01-31 07342743 d:Non-currentFinancialInstruments d:AfterOneYear 2023-01-31 07342743 d:Non-currentFinancialInstruments d:BetweenOneTwoYears 2024-01-31 07342743 d:Non-currentFinancialInstruments d:BetweenOneTwoYears 2023-01-31 07342743 d:Non-currentFinancialInstruments d:BetweenTwoFiveYears 2024-01-31 07342743 d:Non-currentFinancialInstruments d:BetweenTwoFiveYears 2023-01-31 07342743 d:ShareCapital 2024-01-31 07342743 d:ShareCapital 2023-01-31 07342743 d:RetainedEarningsAccumulatedLosses 2024-01-31 07342743 d:RetainedEarningsAccumulatedLosses 2023-01-31 07342743 c:OrdinaryShareClass1 2023-02-01 2024-01-31 07342743 c:OrdinaryShareClass1 2024-01-31 07342743 c:OrdinaryShareClass1 2023-01-31 07342743 c:FRS102 2023-02-01 2024-01-31 07342743 c:AuditExemptWithAccountantsReport 2023-02-01 2024-01-31 07342743 c:FullAccounts 2023-02-01 2024-01-31 07342743 c:PrivateLimitedCompanyLtd 2023-02-01 2024-01-31 07342743 2 2023-02-01 2024-01-31 07342743 e:PoundSterling 2023-02-01 2024-01-31 xbrli:shares iso4217:GBP xbrli:pure

Registered number: 07342743









HENLOW FISH BAR LIMITED







UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 31 JANUARY 2024

 
HENLOW FISH BAR LIMITED
REGISTERED NUMBER: 07342743

BALANCE SHEET
AS AT 31 JANUARY 2024

2024
2023
Note
£
£

Fixed assets
  

Tangible assets
 4 
-
21,999

  
-
21,999

Current assets
  

Stocks
  
-
485

Debtors: amounts falling due within one year
 5 
82,617
78,466

Cash at bank and in hand
  
9,650
793

  
92,267
79,744

Creditors: amounts falling due within one year
 6 
(39,000)
(41,464)

Net current assets
  
 
 
53,267
 
 
38,280

Total assets less current liabilities
  
53,267
60,279

Creditors: amounts falling due after more than one year
 7 
(29,757)
(29,757)

  

Net assets
  
23,510
30,522


Capital and reserves
  

Called up share capital 
 9 
100
100

Profit and loss account
  
23,410
30,422

  
23,510
30,522


Page 1

 
HENLOW FISH BAR LIMITED
REGISTERED NUMBER: 07342743
    
BALANCE SHEET (CONTINUED)
AS AT 31 JANUARY 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 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 30 October 2024.




Sundeep Singh Sahota
Director

The notes on pages 3 to 8 form part of these financial statements.

Page 2

 
HENLOW FISH BAR LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2024

1.


General information

The Company is a private company, limited by shares, incorporated and domiciled in England within the United Kingdom, registration number 07342743.  The Company's registered office is Sterling House, 71 Francis Road, Edgbaston, Birmingham, West Midlands, United Kingdom, B16 8SP.
The financial statements are presented in sterling which is the functional currency of the company and the financial statements are rounded to the nearest £1.

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.

Cash flow
Under Financial Reporting Standard 102, the company is exempt from the requirement to prepare a cash flow statement on the grounds that it qualifies as a small company.

 
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:

Sale of goods

Revenue from the sale of goods is recognised when all of the following conditions are satisfied:
the Company has transferred the significant risks and rewards of ownership to the buyer;
the Company retains neither continuing managerial involvement to the degree usually associated with ownership nor effective control over the goods sold;
the amount of revenue can be measured reliably;
it is probable that the Company will receive the consideration due under the transaction; and
the costs incurred or to be incurred in respect of the transaction can be measured reliably.

 
2.3

Interest income

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

 
2.4

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.

Page 3

 
HENLOW FISH BAR LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2024

2.Accounting policies (continued)

 
2.5

Borrowing costs

All borrowing costs are recognised in profit or loss in the year in which they are incurred.

 
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

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 income and retained earnings 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.

 
2.8

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 4

 
HENLOW FISH BAR LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2024

2.Accounting policies (continued)


2.8
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
-
10%
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.

 
2.9

Stocks

Stocks are stated at the lower of cost and net realisable value, being the estimated selling price less costs to complete and sell. Cost is based on the cost of purchase on a first in, first out basis. Work in progress and finished goods include labour and attributable overheads.

At each balance sheet date, stocks are assessed for impairment. If stock is impaired, the carrying amount is reduced to its selling price less costs to complete and sell. The impairment loss is recognised immediately in profit or loss.

 
2.10

Debtors

Short term debtors are measured at transaction price, less any impairment.

 
2.11

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.

 
2.12

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.


3.


Employees

The average monthly number of employees, including directors, during the year was 2 (2023 - 2).

Page 5

 
HENLOW FISH BAR LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2024

4.


Tangible fixed assets





Fixtures and fittings

£





At 1 February 2023
57,430


Additions
5,000


Disposals
(62,430)



At 31 January 2024

-





At 1 February 2023
35,431


Charge for the year on owned assets
2,700


Disposals
(38,131)



At 31 January 2024

-



Net book value



At 31 January 2024
-



At 31 January 2023
21,999


5.


Debtors

2024
2023
£
£


Other debtors
82,617
78,466

82,617
78,466


Page 6

 
HENLOW FISH BAR LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2024

6.


Creditors: Amounts falling due within one year

2024
2023
£
£

Bank loans
10,000
10,000

Trade creditors
-
10,000

Corporation tax
24,488
20,060

Other taxation and social security
4,512
1,404

39,000
41,464



7.


Creditors: Amounts falling due after more than one year

2024
2023
£
£

Bank loans
29,757
29,757

29,757
29,757


Page 7

 
HENLOW FISH BAR LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2024

8.


Loans


Analysis of the maturity of loans is given below:


2024
2023
£
£

Amounts falling due within one year

Bank loans
10,000
10,000


10,000
10,000

Amounts falling due 1-2 years

Bank loans
10,000
10,000


10,000
10,000

Amounts falling due 2-5 years

Bank loans
19,757
19,757


19,757
19,757


39,757
39,757



9.


Share capital

2024
2023
£
£
Allotted, called up and fully paid



100 (2023 - 100) Ordinary shares of £1.00 each
100
100



10.


Related party transactions

As at the balance sheet date £13,380 (2023: £11,465) was due from the directors. Interest has been charged on the loan balance which is repayable on demand. 

 
Page 8