Caseware UK (AP4) 2023.0.135 2023.0.135 2024-03-312024-03-3101The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.No description of principal activityfalsefalsetrue2023-02-03false 14638316 2023-02-02 14638316 2023-02-03 2024-03-31 14638316 2022-02-03 2023-02-02 14638316 2024-03-31 14638316 c:Director1 2023-02-03 2024-03-31 14638316 d:CurrentFinancialInstruments 2024-03-31 14638316 d:CurrentFinancialInstruments d:WithinOneYear 2024-03-31 14638316 d:ShareCapital 2024-03-31 14638316 d:RetainedEarningsAccumulatedLosses 2024-03-31 14638316 c:FRS102 2023-02-03 2024-03-31 14638316 c:AuditExempt-NoAccountantsReport 2023-02-03 2024-03-31 14638316 c:FullAccounts 2023-02-03 2024-03-31 14638316 c:PrivateLimitedCompanyLtd 2023-02-03 2024-03-31 14638316 e:PoundSterling 2023-02-03 2024-03-31 iso4217:GBP xbrli:pure

Registered number: 14638316









SHOLTO BLISSETT LIMITED







UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE PERIOD ENDED 31 MARCH 2024

 
SHOLTO BLISSETT LIMITED
REGISTERED NUMBER: 14638316

BALANCE SHEET
AS AT 31 MARCH 2024

31 March
2024
Note
£

  

Current assets
  

Stocks
  
1,234

Debtors: amounts falling due within one year
 4 
5,683

Cash at bank and in hand
 5 
193,547

  
200,464

Creditors: amounts falling due within one year
 6 
(53,790)

Net current assets/(liabilities)
  
 
 
146,674

Total assets less current liabilities
  
146,674

  

Net assets/(liabilities)
  
146,674


Capital and reserves
  

Called up share capital 
  
100

Profit and loss account
  
146,574

  
146,674


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 period 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 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 on 1 November 2024.




Mr S Blissett
Director
Page 1

 
SHOLTO BLISSETT LIMITED
REGISTERED NUMBER: 14638316
    
BALANCE SHEET (CONTINUED)
AS AT 31 MARCH 2024


The notes on pages 3 to 5 form part of these financial statements.

Page 2

 
SHOLTO BLISSETT LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 MARCH 2024

1.


General information

Sholto Blissett Limited is a private company limited by share capital, incorporated in England and Wales.
The address of the registered office is 16 - 19 Eastcastle Street, London, W1W 8DY.

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 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

Operating leases: the Company as lessee

Rentals paid under operating leases are charged to profit or loss on a straight-line basis over the lease term.

 
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 balance sheet date in the countries where the Company operates and generates income.

Page 3

 
SHOLTO BLISSETT LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 MARCH 2024

2.Accounting policies (continued)

 
2.5

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.

 
2.6

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.

 
2.7

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.

 
2.8

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 period was 1.


4.


Debtors

31 March
2024
£


Other debtors
5,683

5,683


Page 4

 
SHOLTO BLISSETT LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 MARCH 2024

5.


Cash and cash equivalents

31 March
2024
£

Cash at bank and in hand
193,547

193,547



6.


Creditors: Amounts falling due within one year

31 March
2024
£

Corporation tax
45,108

Other taxation and social security
5,557

Accruals and deferred income
3,125

53,790



7.


Related party transactions

Included in debtors at the balance sheet date is an amount of £5,683 due from the director. The amount is in respect of cash withdrawn in excess of expenses borne on behalf of the company. This amount is unsecured, interest free and repayable on demand.

 
Page 5