Caseware UK (AP4) 2023.0.135 2023.0.135 2023-11-302023-11-30false12022-11-100truefalseNo description of principal activityfalseThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. 14475042 2022-11-09 14475042 2022-11-10 2023-11-30 14475042 2021-11-10 2022-11-09 14475042 2023-11-30 14475042 c:Director1 2022-11-10 2023-11-30 14475042 d:CurrentFinancialInstruments 2023-11-30 14475042 d:CurrentFinancialInstruments d:WithinOneYear 2023-11-30 14475042 d:ShareCapital 2023-11-30 14475042 d:RetainedEarningsAccumulatedLosses 2023-11-30 14475042 c:OrdinaryShareClass1 2022-11-10 2023-11-30 14475042 c:OrdinaryShareClass1 2023-11-30 14475042 c:FRS102 2022-11-10 2023-11-30 14475042 c:AuditExempt-NoAccountantsReport 2022-11-10 2023-11-30 14475042 c:FullAccounts 2022-11-10 2023-11-30 14475042 c:PrivateLimitedCompanyLtd 2022-11-10 2023-11-30 14475042 e:PoundSterling 2022-11-10 2023-11-30 xbrli:shares iso4217:GBP xbrli:pure

Registered number: 14475042









DISTINCTIVE SERVICES LIMITED







UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE PERIOD ENDED 30 NOVEMBER 2023

 
DISTINCTIVE SERVICES LIMITED
REGISTERED NUMBER: 14475042

BALANCE SHEET
AS AT 30 NOVEMBER 2023

2023
Note
£

  

Current assets
  

Debtors: amounts falling due within one year
 4 
2,410

Cash at bank and in hand
  
1,819

  
4,229

Creditors: amounts falling due within one year
 5 
(8,680)

Net current (liabilities)/assets
  
 
 
(4,451)

Total assets less current liabilities
  
(4,451)

  

Net (liabilities)/assets
  
(4,451)


Capital and reserves
  

Called up share capital 
 6 
100

Profit and loss account
  
(4,551)

  
(4,451)


Page 1

 
DISTINCTIVE SERVICES LIMITED
REGISTERED NUMBER: 14475042
    
BALANCE SHEET (CONTINUED)
AS AT 30 NOVEMBER 2023

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 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 on 6 November 2024.




Kulvinder Kaur Dehl
Director

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

Page 2

 
DISTINCTIVE SERVICES LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 30 NOVEMBER 2023

1.


General information

The Company is a private company, limited by shares, incorporated and domiciled in England within the United Kingdom, registration number 14475042. The Company's registered office is Sterling House, 71 Francis Road, Edgbaston, Birmingham, England, B16 8SP.
The financial statements are presented in sterling which is the functional currency of the company and the financial statements are rounded to the nearest £1.

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.

Cash flow
Under Financial Reporting Standard 102, the company is exempt from the requirement to prepare a cash flow statement on the grounds that it qualifies as a small company.

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

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.

Benefits received and receivable as an incentive to sign an operating lease are recognised on a straight-line basis over the lease term, unless another systematic basis is representative of the time pattern of the lessee's benefit from the use of the leased asset.

Page 3

 
DISTINCTIVE SERVICES LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 30 NOVEMBER 2023

2.Accounting policies (continued)

 
2.4

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.

 
2.5

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.


3.


Employees




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


4.


Debtors

2023
£


Trade debtors
2,410

2,410



5.


Creditors: Amounts falling due within one year

2023
£

Trade creditors
7,000

Other creditors
960

Accruals and deferred income
720

8,680


Page 4

 
DISTINCTIVE SERVICES LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 30 NOVEMBER 2023

6.


Share capital

2023
£
Allotted, called up and fully paid


100 Ordinary shares of £1.00 each
100


Upon incorporation 100 £1 Ordinary shares were issued at par value.


7.


Related party transactions

As at the balance sheet date £960 was due to the director. The loan is interest free and repayable on demand.

 
Page 5