Caseware UK (AP4) 2023.0.135 2023.0.135 2024-03-312024-03-31No description of principal activityThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.2023-04-01false11falsetruefalse 06135858 2023-04-01 2024-03-31 06135858 2022-04-01 2023-03-31 06135858 2024-03-31 06135858 2023-03-31 06135858 c:Director1 2023-04-01 2024-03-31 06135858 d:FurnitureFittings 2023-04-01 2024-03-31 06135858 d:FurnitureFittings 2024-03-31 06135858 d:FurnitureFittings 2023-03-31 06135858 d:FurnitureFittings d:OwnedOrFreeholdAssets 2023-04-01 2024-03-31 06135858 d:ComputerEquipment 2023-04-01 2024-03-31 06135858 d:ComputerEquipment 2024-03-31 06135858 d:ComputerEquipment 2023-03-31 06135858 d:ComputerEquipment d:OwnedOrFreeholdAssets 2023-04-01 2024-03-31 06135858 d:OwnedOrFreeholdAssets 2023-04-01 2024-03-31 06135858 d:CurrentFinancialInstruments 2024-03-31 06135858 d:CurrentFinancialInstruments 2023-03-31 06135858 d:CurrentFinancialInstruments d:WithinOneYear 2024-03-31 06135858 d:CurrentFinancialInstruments d:WithinOneYear 2023-03-31 06135858 d:ShareCapital 2024-03-31 06135858 d:ShareCapital 2023-03-31 06135858 d:RetainedEarningsAccumulatedLosses 2024-03-31 06135858 d:RetainedEarningsAccumulatedLosses 2023-03-31 06135858 c:OrdinaryShareClass1 2023-04-01 2024-03-31 06135858 c:OrdinaryShareClass1 2024-03-31 06135858 c:OrdinaryShareClass1 2023-03-31 06135858 c:FRS102 2023-04-01 2024-03-31 06135858 c:AuditExempt-NoAccountantsReport 2023-04-01 2024-03-31 06135858 c:FullAccounts 2023-04-01 2024-03-31 06135858 c:PrivateLimitedCompanyLtd 2023-04-01 2024-03-31 06135858 2 2023-04-01 2024-03-31 06135858 e:PoundSterling 2023-04-01 2024-03-31 xbrli:shares iso4217:GBP xbrli:pure
Registered number: 06135858














RIGHT BRAIN FUTURE LTD
UNAUDITED
FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024

 
RIGHT BRAIN FUTURE LTD
 

CONTENTS



Page
Statement of Financial Position
 
1
Notes to the Financial Statements
 
2 - 5


 
RIGHT BRAIN FUTURE LTD
REGISTERED NUMBER:06135858

STATEMENT OF FINANCIAL POSITION
AS AT 31 MARCH 2024

2024
2023
Note
£
£

Fixed assets
  

Tangible assets
 4 
4,576
4,977

Current assets
  

Debtors: amounts falling due within one year
 5 
15,404
17,297

Bank and cash balances
  
283,309
106,196

  
298,713
123,493

Current liabilities
  

Creditors: amounts falling due within one year
 6 
(79,528)
(30,335)

Net current assets
  
 
 
219,185
 
 
93,158

  

Net assets
  
223,761
98,135


Capital and reserves
  

Called up share capital 
 7 
100
100

Profit and loss account
  
223,661
98,035

  
223,761
98,135


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 his 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 on 31 October 2024.




M Martinez-Rubio
Director

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

Page 1

 
RIGHT BRAIN FUTURE LTD
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024

1.


General information

Right Brain Future Ltd is a limited liability company registered in England and Wales. Its registered office address is at 5 Elstree Gate, Elstree Way, Borehamwood, Hertfordshire, WD6 1JD. 
The principal activity of the Company during the year was that of management consultancy.  
The financial statements are presented in £ sterling, which is the functional currency of the Company.  

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

Foreign currency translation

Functional and presentation currency

The Company's functional and presentational currency is £ sterling.

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.

 
2.3

Turnover

Turnover comprises revenue recognised by the company in respect of services supplied in the year exclusive of trade discounts and excluding Value Added Tax. 
 
Revenue is recognised when the service is provided.

 
2.4

Interest income

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

Page 2

 
RIGHT BRAIN FUTURE LTD
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024

2.Accounting policies (continued)

 
2.5

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.

 
2.6

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:

Fixtures and fittings
-
25%
Computer equipment
-
33%

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.

 
2.7

Dividends

Equity dividends are recognised when they become legally payable.


3.


Employees




The average monthly number of employees, including directors, during the year was 1 (2023 - 1).

Page 3

 
RIGHT BRAIN FUTURE LTD
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024

4.


Tangible fixed assets





Fixtures and fittings
Computer equipment
Total

£
£
£



Cost or valuation


At 1 April 2023
4,423
7,653
12,076


Additions
-
1,369
1,369



At 31 March 2024

4,423
9,022
13,445



Depreciation


At 1 April 2023
2,716
4,384
7,100


Charge for the year on owned assets
427
1,342
1,769



At 31 March 2024

3,143
5,726
8,869



Net book value



At 31 March 2024
1,280
3,296
4,576



At 31 March 2023
1,707
3,269
4,976


5.


Debtors

2024
2023
£
£


Trade debtors
15,404
17,297



6.


Creditors: Amounts falling due within one year

2024
2023
£
£

Other taxation and social security
76,220
26,898

Other creditors
348
762

Accruals and deferred income
2,960
2,675

79,528
30,335


Page 4

 
RIGHT BRAIN FUTURE LTD
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024

7.


Share capital

2024
2023
£
£
Allotted, called up and fully paid



100 (2023 - 100) Ordinary shares of £1 each
100
100


 
Page 5