Caseware UK (AP4) 2023.0.135 2023.0.135 2024-03-312024-03-31false0false2023-04-01The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.No description of principal activity1truetrue 14641743 2023-03-31 14641743 2023-04-01 2024-03-31 14641743 2022-02-06 2023-03-31 14641743 2024-03-31 14641743 c:Director1 2023-04-01 2024-03-31 14641743 d:CurrentFinancialInstruments 2024-03-31 14641743 d:CurrentFinancialInstruments d:WithinOneYear 2024-03-31 14641743 d:ShareCapital 2024-03-31 14641743 d:RetainedEarningsAccumulatedLosses 2024-03-31 14641743 c:OrdinaryShareClass1 2023-04-01 2024-03-31 14641743 c:OrdinaryShareClass1 2024-03-31 14641743 c:FRS102 2023-04-01 2024-03-31 14641743 c:AuditExempt-NoAccountantsReport 2023-04-01 2024-03-31 14641743 c:FullAccounts 2023-04-01 2024-03-31 14641743 c:PrivateLimitedCompanyLtd 2023-04-01 2024-03-31 14641743 6 2023-04-01 2024-03-31 14641743 e:PoundSterling 2023-04-01 2024-03-31 xbrli:shares iso4217:GBP xbrli:pure

Registered number: 14641743










H COWLEY LTD








UNAUDITED

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2024

 
H COWLEY LTD
REGISTERED NUMBER: 14641743

BALANCE SHEET
AS AT 31 MARCH 2024

2024
Note
£

Fixed assets
  

Investments
 4 
114,764

  
114,764

Current assets
  

Cash at bank and in hand
 5 
12,209

  
12,209

Creditors: amounts falling due within one year
 6 
(115,409)

Net current (liabilities)/assets
  
 
 
(103,200)

Total assets less current liabilities
  
11,564

  

Net assets
  
11,564


Capital and reserves
  

Called up share capital 
 7 
100

Profit and loss account
  
11,464

  
11,564


Page 1

 
H COWLEY LTD
REGISTERED NUMBER: 14641743
    
BALANCE SHEET (CONTINUED)
AS AT 31 MARCH 2024

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 her 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 6 November 2024.




H Cowley
Director

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

Page 2

 
H COWLEY LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024

1.


General information

H Cowley Limited, is a private limited company limited by shares, incorporated in England and Wales, with its registered office and principal place of business at Welsh Bridge, 1 Frankwell, Shrewsbury, United Kingdom, SY3 8JY.

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:

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

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.

 
2.4

Valuation of investments

Investments in subsidiaries are measured at cost less accumulated impairment.

Page 3

 
H COWLEY LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024

2.Accounting policies (continued)

 
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. 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.

 
2.6

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.

 
2.7

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.


3.


Employees

The average monthly number of employees, including directors, during the year was 1.


4.


Fixed asset investments





Unlisted investments

£



Cost or valuation


Additions
114,764



At 31 March 2024
114,764





5.


Cash and cash equivalents

2024
£

Cash at bank and in hand
12,209

12,209


Page 4

 
H COWLEY LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024

6.


Creditors: Amounts falling due within one year

2024
£

Corporation tax
9,023

Other creditors
105,666

Accruals and deferred income
720

115,409


H Cowley Limited entered into a loan agreement with Barclays Bank UK plc on 24 November 2023. Barclays Bank UK plc have a fixed and floating charge over all undertakings and assets of the company as a result of this agreement. 


7.


Share capital

2024
£
Allotted, called up and fully paid


100 Ordinary shares of £1.00 each
100


On incorporation, 100 £1 ordinary shares were issued at their par value. All shares were allotted, called up and fully paid. 

Page 5