Caseware UK (AP4) 2023.0.135 2023.0.135 2024-01-312024-01-3122023-02-01falseNo description of principal activity2truetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.false 06043212 2023-02-01 2024-01-31 06043212 2022-02-01 2023-01-31 06043212 2024-01-31 06043212 2023-01-31 06043212 c:Director2 2023-02-01 2024-01-31 06043212 d:MotorVehicles 2023-02-01 2024-01-31 06043212 d:MotorVehicles 2024-01-31 06043212 d:MotorVehicles 2023-01-31 06043212 d:MotorVehicles d:OwnedOrFreeholdAssets 2023-02-01 2024-01-31 06043212 d:FurnitureFittings 2023-02-01 2024-01-31 06043212 d:FurnitureFittings 2024-01-31 06043212 d:FurnitureFittings 2023-01-31 06043212 d:FurnitureFittings d:OwnedOrFreeholdAssets 2023-02-01 2024-01-31 06043212 d:ComputerEquipment 2023-02-01 2024-01-31 06043212 d:ComputerEquipment 2024-01-31 06043212 d:ComputerEquipment 2023-01-31 06043212 d:ComputerEquipment d:OwnedOrFreeholdAssets 2023-02-01 2024-01-31 06043212 d:OwnedOrFreeholdAssets 2023-02-01 2024-01-31 06043212 d:CurrentFinancialInstruments 2024-01-31 06043212 d:CurrentFinancialInstruments 2023-01-31 06043212 d:Non-currentFinancialInstruments 2024-01-31 06043212 d:Non-currentFinancialInstruments 2023-01-31 06043212 d:CurrentFinancialInstruments d:WithinOneYear 2024-01-31 06043212 d:CurrentFinancialInstruments d:WithinOneYear 2023-01-31 06043212 d:Non-currentFinancialInstruments d:AfterOneYear 2024-01-31 06043212 d:Non-currentFinancialInstruments d:AfterOneYear 2023-01-31 06043212 d:ShareCapital 2024-01-31 06043212 d:ShareCapital 2023-01-31 06043212 d:RetainedEarningsAccumulatedLosses 2024-01-31 06043212 d:RetainedEarningsAccumulatedLosses 2023-01-31 06043212 c:FRS102 2023-02-01 2024-01-31 06043212 c:AuditExempt-NoAccountantsReport 2023-02-01 2024-01-31 06043212 c:FullAccounts 2023-02-01 2024-01-31 06043212 c:PrivateLimitedCompanyLtd 2023-02-01 2024-01-31 06043212 2 2023-02-01 2024-01-31 06043212 e:PoundSterling 2023-02-01 2024-01-31 iso4217:GBP xbrli:pure

Registered number: 06043212









SSAP CONSULTING LIMITED







UNAUDITED

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 JANUARY 2024

 
SSAP CONSULTING LIMITED
REGISTERED NUMBER: 06043212

STATEMENT OF FINANCIAL POSITION
AS AT 31 JANUARY 2024

2024
2023
Note
£
£

Fixed assets
  

Tangible assets
 4 
38,308
46,195

  
38,308
46,195

Current assets
  

Debtors: amounts falling due within one year
 5 
55,000
58,317

Cash at bank and in hand
 6 
16,120
12,519

  
71,120
70,836

Creditors: amounts falling due within one year
 7 
(42,285)
(109,801)

Net current assets/(liabilities)
  
 
 
28,835
 
 
(38,965)

Total assets less current liabilities
  
67,143
7,230

Creditors: amounts falling due after more than one year
 8 
(15,660)
(25,780)

  

Net assets/(liabilities)
  
51,483
(18,550)


Capital and reserves
  

Called up share capital 
  
2
2

Profit and loss account
  
51,481
(18,552)

  
51,483
(18,550)


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.




 
Page 1

 
SSAP CONSULTING LIMITED
REGISTERED NUMBER: 06043212
    
STATEMENT OF FINANCIAL POSITION (CONTINUED)
AS AT 31 JANUARY 2024


The financial statements were approved and authorised for issue by the board and were signed on its behalf on 31 October 2024.




S Scott
Director

The notes on pages 3 to 7 form part of these financial statements.
Page 2

 
SSAP CONSULTING LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2024

1.


General information

SSAP Consulting Ltd is a private company limited by shares and registered in England & Wales. The address of its registered office and of its principal place of business is 65 Wood Vale, London, SE23 3DT.

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 comprises fees in respect of consultancy services during the year and is recognised in the Statement of Income and Retained Earnings in the period it is contractually due.

 
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.

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:

Motor vehicles
-
25%
Furniture, fittings and equipment
-
25%
Computer equipment
-
25%

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 the transaction price, 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.

Page 3

 
SSAP CONSULTING LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2024

2.Accounting policies (continued)

 
2.6

Creditors

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

 
2.7

Foreign currency translation

Functional and presentation currency

The Company's functional and presentational currency is GBP.

Transactions and balances

Foreign currency transactions are translated into the functional currency using the spot exchange rates at the dates of the transactions.

At each period end foreign currency monetary items are translated using the closing rate. Non-monetary items measured at historical cost are translated using the exchange rate at the date of the transaction and non-monetary items measured at fair value are measured using the exchange rate when fair value was determined.

Foreign exchange gains and losses resulting from the settlement of transactions and from the translation at period-end exchange rates of monetary assets and liabilities denominated in foreign currencies are recognised in profit or loss except when deferred in other comprehensive income as qualifying cash flow hedges.

Foreign exchange gains and losses that relate to borrowings and cash and cash equivalents are presented in the Statement of Income and Retained Earnings within 'finance income or costs'. All other foreign exchange gains and losses are presented in profit or loss within 'other operating income'.

 
2.8

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.

 
2.9

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.

 
2.10

Interest income

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

 
2.11

Borrowing costs

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

Page 4

 
SSAP CONSULTING LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2024

2.Accounting policies (continued)

 
2.12

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 reporting date in the countries where the Company operates and generates income.


3.


Employees

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


4.


Tangible fixed assets





Motor vehicles
Fixtures & fittings
Computer equipment
Total

£
£
£
£



Cost or valuation


At 1 February 2023
54,082
21,450
3,476
79,008



At 31 January 2024

54,082
21,450
3,476
79,008



Depreciation


At 1 February 2023
7,887
21,450
3,476
32,813


Charge for the year on owned assets
7,887
-
-
7,887



At 31 January 2024

15,774
21,450
3,476
40,700



Net book value



At 31 January 2024
38,308
-
-
38,308



At 31 January 2023
46,195
-
-
46,195
Page 5

 
SSAP CONSULTING LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2024

5.


Debtors

2024
2023
£
£


Other debtors
55,000
58,317

55,000
58,317



6.


Cash and cash equivalents

2024
2023
£
£

Cash at bank and in hand
16,120
12,519

16,120
12,519



7.


Creditors: Amounts falling due within one year

2024
2023
£
£

Bank loans
10,121
9,870

Trade creditors
2,700
2,700

Corporation tax
9,356
-

Other taxation and social security
16,991
10,675

Other creditors
867
84,306

Accruals and deferred income
2,250
2,250

42,285
109,801



8.


Creditors: Amounts falling due after more than one year

2024
2023
£
£

Bank loans
15,660
25,780

15,660
25,780


The loan is repayable by monthly instalments with interest payable at 2.5% per annum.

Page 6

 
SSAP CONSULTING LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2024

9.


Related party transactions

At the reporting date, £67 (2023: £84,306) is due to the directors of the company. The loan is repayable on demand and not interest bearing.
Included in other debtors is a loan of £55,000 (2023: £55,000) to a company in with a common director. The loan is repayable on demand and not interest bearing.


10.


Controlling party

Throughout the year the company was under the control of the directors by virtue of their shareholding.

 
Page 7