Caseware UK (AP4) 2023.0.135 2023.0.135 2024-03-312024-03-31The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.false2023-04-12No description of principal activitytruefalsetrue2 SC765696 2023-04-11 SC765696 2023-04-12 2024-03-31 SC765696 2022-04-01 2023-04-11 SC765696 2024-03-31 SC765696 c:Director1 2023-04-12 2024-03-31 SC765696 c:Director1 2024-03-31 SC765696 c:Director2 2023-04-12 2024-03-31 SC765696 c:Director2 2024-03-31 SC765696 c:RegisteredOffice 2023-04-12 2024-03-31 SC765696 d:MotorVehicles 2023-04-12 2024-03-31 SC765696 d:MotorVehicles 2024-03-31 SC765696 d:MotorVehicles d:OwnedOrFreeholdAssets 2023-04-12 2024-03-31 SC765696 d:CurrentFinancialInstruments 2024-03-31 SC765696 d:Non-currentFinancialInstruments 2024-03-31 SC765696 d:CurrentFinancialInstruments d:WithinOneYear 2024-03-31 SC765696 d:Non-currentFinancialInstruments d:AfterOneYear 2024-03-31 SC765696 d:ShareCapital 2024-03-31 SC765696 c:OrdinaryShareClass1 2023-04-12 2024-03-31 SC765696 c:OrdinaryShareClass1 2024-03-31 SC765696 c:FRS102 2023-04-12 2024-03-31 SC765696 c:AuditExempt-NoAccountantsReport 2023-04-12 2024-03-31 SC765696 c:FullAccounts 2023-04-12 2024-03-31 SC765696 c:PrivateLimitedCompanyLtd 2023-04-12 2024-03-31 SC765696 2 2023-04-12 2024-03-31 SC765696 e:PoundSterling 2023-04-12 2024-03-31 iso4217:GBP xbrli:shares xbrli:pure
Registered number: SC765696










COLLABORATIVE MINDS PSYCHOTHERAPY LIMITED
 FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 MARCH 2024

 
COLLABORATIVE MINDS PSYCHOTHERAPY LIMITED
 

COMPANY INFORMATION


Directors
Miss M Paton (appointed 12 April 2023)
Mr C Moir (appointed 12 April 2023)




Registered number
SC765696



Registered office
14 City Quay

Dundee

DD1 3JA




Accountants
EQ Accountants Limited
Chartered Accountants

14 City Quay

Dundee

DD1 3JA





 
COLLABORATIVE MINDS PSYCHOTHERAPY LIMITED
REGISTERED NUMBER: SC765696

STATEMENT OF FINANCIAL POSITION
AS AT 31 MARCH 2024

2024
£

Fixed assets
  

Tangible assets
 4 
31,498

  
31,498

Current assets
  

Debtors: amounts falling due within one year
 5 
3,808

Cash at bank and in hand
  
482

  
4,290

Creditors: amounts falling due within one year
 6 
(10,387)

Net current (liabilities)/assets
  
 
 
(6,097)

Total assets less current liabilities
  
25,401

Creditors: amounts falling due after more than one year
 7 
(25,301)

  

Net assets
  
100


Capital and reserves
  

Called up share capital 
 8 
100

  
100


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 period 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 on 12 November 2024.




Miss M Paton
Director

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

Page 1

 
COLLABORATIVE MINDS PSYCHOTHERAPY LIMITED
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 MARCH 2024

1.


General information

Collaborative Minds Psychotherapy Limited is a private company, limited by shares, incorporated in Scotland with a registration number of SC765696. The registered office address is 14 City Quay, Dundee, DD1 3JA. 

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

Turnover is recognised to the extent that it is probable that the economic benefits will flow to the Company and the turnover can be reliably measured. Turnover 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 turnover is recognised:

Sale of goods

Turnover 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 turnover 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.

Rendering of services

Turnover 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 turnover 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

Interest income

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

Page 2

 
COLLABORATIVE MINDS PSYCHOTHERAPY LIMITED
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 MARCH 2024

2.Accounting policies (continued)

 
2.4

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.

 
2.5

Pensions

Defined contribution pension plan

The Company operates a defined contribution plan for its employees. A defined contribution plan is a pension plan under which the Company pays fixed contributions into a separate entity. Once the contributions have been paid the Company has no further payment obligations.

The contributions are recognised as an expense in profit or loss when they fall due. Amounts not paid are shown in accruals as a liability in the Statement of Financial Position. The assets of the plan are held separately from the Company in independently administered funds.

 
2.6

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.

 
2.7

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:

Motor vehicles
-
25%

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.

 
2.8

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.

Page 3

 
COLLABORATIVE MINDS PSYCHOTHERAPY LIMITED
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 MARCH 2024

3.


Employees




The average monthly number of employees, including directors, during the period was 2.


4.


Tangible fixed assets





Motor vehicles

£



Cost or valuation


Additions
41,998



At 31 March 2024

41,998



Depreciation


Charge for the period on owned assets
10,500



At 31 March 2024

10,500



Net book value



At 31 March 2024
31,498


5.


Debtors

2024
£


Other debtors
3,808

3,808



6.


Creditors: Amounts falling due within one year

2024
£

Other taxation and social security
4,522

Obligations under finance lease and hire purchase contracts
3,865

Accruals and deferred income
2,000

10,387


Page 4

 
COLLABORATIVE MINDS PSYCHOTHERAPY LIMITED
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 MARCH 2024

7.


Creditors: Amounts falling due after more than one year

2024
£

Net obligations under finance leases and hire purchase contracts
25,301

25,301


Hire purchase liabilities are secured over the assets to which they relate.


8.


Share capital

2024
£
Allotted, called up and fully paid


100 Ordinary Shares shares of £1.00 each
100


The company was incorporated on 12 April 2023 with 100 Ordinary £1 shares issued at par value.

Page 5