Caseware UK (AP4) 2023.0.135 2023.0.135 2023-10-312023-10-31false2022-11-0117No description of principal activity5falsetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. 05455942 2022-11-01 2023-10-31 05455942 2023-10-31 05455942 2021-11-01 2022-10-31 05455942 2022-10-31 05455942 c:CompanySecretary1 2022-11-01 2023-10-31 05455942 c:Director1 2022-11-01 2023-10-31 05455942 c:Director2 2022-11-01 2023-10-31 05455942 c:RegisteredOffice 2022-11-01 2023-10-31 05455942 d:CurrentFinancialInstruments 2023-10-31 05455942 d:CurrentFinancialInstruments 2022-10-31 05455942 d:CurrentFinancialInstruments d:WithinOneYear 2023-10-31 05455942 d:CurrentFinancialInstruments d:WithinOneYear 2022-10-31 05455942 d:ShareCapital 2023-10-31 05455942 d:ShareCapital 2022-10-31 05455942 d:RetainedEarningsAccumulatedLosses 2023-10-31 05455942 d:RetainedEarningsAccumulatedLosses 2022-10-31 05455942 c:FRS102 2022-11-01 2023-10-31 05455942 c:AuditExempt-NoAccountantsReport 2022-11-01 2023-10-31 05455942 c:FullAccounts 2022-11-01 2023-10-31 05455942 c:PrivateLimitedCompanyLtd 2022-11-01 2023-10-31 iso4217:GBP xbrli:pure
Company registration number: 05455942







UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED
31 OCTOBER 2023


PRODDOW MACKAY (CONVEYANCING) LIMITED






































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PRODDOW MACKAY (CONVEYANCING) LIMITED
 



CONTENTS



Page
Company information
1
Statement of financial position
2 - 3
Notes to the financial statements
4 - 5


 


PRODDOW MACKAY (CONVEYANCING) LIMITED
 


 
COMPANY INFORMATION


Directors
D J Mackay 
S K Proddow 




Company secretary
J H Bostock



Registered number
05455942



Registered office
Sands Court
Grove Road

Maidenhead

Berkshire

SL6 1LW




Accountants
Menzies LLP
Chartered Accountants

1st Floor

Midas House

62 Goldsworth Road

Woking

Surrey

GU21 6LQ




Page 1

 


PRODDOW MACKAY (CONVEYANCING) LIMITED
REGISTERED NUMBER:05455942



STATEMENT OF FINANCIAL POSITION
AS AT 31 OCTOBER 2023

2023
2022
Note
£
£

  

Current assets
  

Debtors: amounts falling due within one year
 4 
130,062
88,324

Cash at bank and in hand
  
15,971
13,524

  
146,033
101,848

Creditors: amounts falling due within one year
 5 
(78,596)
(37,170)

Net current assets
  
 
 
67,437
 
 
64,678

Total assets less current liabilities
  
67,437
64,678

  

Net assets
  
67,437
64,678


Capital and reserves
  

Called up share capital 
  
1,000
1,000

Profit and loss account
  
66,437
63,678

  
67,437
64,678


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 by: 




................................................
D J Mackay
Director

Date: 31 October 2024

The notes on pages 4 to 5 form part of these financial statements.
Page 2

 


PRODDOW MACKAY (CONVEYANCING) LIMITED
REGISTERED NUMBER:05455942


    
STATEMENT OF FINANCIAL POSITION (CONTINUED)
AS AT 31 OCTOBER 2023


Page 3

 


PRODDOW MACKAY (CONVEYANCING) LIMITED
 


 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2023

1.


General information

Proddow Mackay (Coneyancing) Limited is a private company limited by shares incorporated in the United Kingdom under the Companies Act 2006 and is registered in England and Wales. The address of the Company's registered office and principal place of business is disclosed on the company information page.
The financial statements are prepared in sterling, which is the functional currency of the company. Monetary amounts in these financial statements are rounded to the nearest £ .

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 Section 1A of Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006.

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:

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.

 
2.3

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

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.

Page 4

 


PRODDOW MACKAY (CONVEYANCING) LIMITED
 


 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2023

2.Accounting policies (continued)

 
2.5

Financial instruments

The Company only enters into basic financial instrument transactions that result in the recognition of financial assets and liabilities like trade and other debtors and creditors, loans from banks and other third parties, loans to related parties and investments in ordinary shares.


3.


Employees

The average monthly number of employees, including directors, during the year was 17 (2022 - 5).


4.


Debtors

2023
2022
£
£


Amounts owed by associated undertakings
25,000
25,000

Amounts recoverable on contracts
105,062
63,324

130,062
88,324



5.


Creditors: Amounts falling due within one year

2023
2022
£
£

Amounts owed to associated undertakings
47,282
29,309

Corporation tax
5,398
7,861

Other taxation and social security
21,966
-

Accruals and deferred income
3,950
-

78,596
37,170



6.


Contingent liabilities

The company is part of a VAT group in which all members are jointly and severally liable for any VAT the group owes to HMRC. At 31 October 2023 the overall liability held by the associated company Proddow Mackay Solicitors LLP totals £1,086,681 (2022 - £785,481).

 
Page 5