Caseware UK (AP4) 2023.0.135 2023.0.135 2024-03-312024-03-31false2023-04-01falsespecialists medical practice activities22trueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. 12538408 2023-04-01 2024-03-31 12538408 2022-04-01 2023-03-31 12538408 2024-03-31 12538408 2023-03-31 12538408 c:Director1 2023-04-01 2024-03-31 12538408 d:ComputerEquipment 2023-04-01 2024-03-31 12538408 d:ComputerEquipment 2024-03-31 12538408 d:ComputerEquipment 2023-03-31 12538408 d:ComputerEquipment d:OwnedOrFreeholdAssets 2023-04-01 2024-03-31 12538408 d:CurrentFinancialInstruments 2024-03-31 12538408 d:CurrentFinancialInstruments 2023-03-31 12538408 d:CurrentFinancialInstruments d:WithinOneYear 2024-03-31 12538408 d:CurrentFinancialInstruments d:WithinOneYear 2023-03-31 12538408 d:ShareCapital 2024-03-31 12538408 d:ShareCapital 2023-03-31 12538408 d:RetainedEarningsAccumulatedLosses 2024-03-31 12538408 d:RetainedEarningsAccumulatedLosses 2023-03-31 12538408 c:FRS102 2023-04-01 2024-03-31 12538408 c:AuditExempt-NoAccountantsReport 2023-04-01 2024-03-31 12538408 c:FullAccounts 2023-04-01 2024-03-31 12538408 c:PrivateLimitedCompanyLtd 2023-04-01 2024-03-31 12538408 e:PoundSterling 2023-04-01 2024-03-31 iso4217:GBP xbrli:pure
Registered number: 12538408














ASBV CONSULTING LIMITED
UNAUDITED
FINANCIAL STATEMENTS
INFORMATION FOR FILING WITH THE REGISTRAR
FOR THE YEAR ENDED 31 MARCH 2024

 
ASBV CONSULTING LIMITED
 

CONTENTS



Page
Statement of Financial Position
 
 
1 - 2
Notes to the Financial Statements
 
 
3 - 6

 
ASBV CONSULTING LIMITED
REGISTERED NUMBER:12538408

STATEMENT OF FINANCIAL POSITION
AS AT 31 MARCH 2024

2024
2023
Note
£
£

Fixed assets
  

Tangible assets
 4 
1,796
1,654

  
1,796
1,654

Current assets
  

Debtors: amounts falling due within one year
 5 
11,355
3,100

Cash at bank and in hand
  
4,112
12,768

  
15,467
15,868

Current liabilities
  

Creditors: amounts falling due within one year
 6 
(4,979)
(14,988)

Net current assets
  
 
 
10,488
 
 
880

Total assets less current liabilities
  
12,284
2,534

Provisions for liabilities
  

Deferred tax
  
(448)
(414)

  
 
 
(448)
 
 
(414)

Net assets
  
11,836
2,120


Capital and reserves
  

Called up share capital 
  
2
2

Profit and loss account
  
11,834
2,118

  
11,836
2,120

Page 1

 
ASBV CONSULTING LIMITED
REGISTERED NUMBER:12538408
    
STATEMENT OF FINANCIAL POSITION (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 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 by: 




A Barsam
Director

Date: 6 November 2024

The notes on pages 3 to 6 form part of these financial statements.
Page 2

 
ASBV CONSULTING LIMITED
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024

1.


General information

ASBV Consulting Limited is a private company limited by shares incorporated in England and Wales. The registered office is 5 Elstree Gate, Elstree Way, Borehamwood, Hertfordshire, United Kingdom, WD6 1JD.
The principal activity of the company continued to be that of specialist medical practice activities.
The company's functional and presentational currency is £ Sterling. 

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 Section 1A of Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006.

The following principal accounting policies have been applied:

 
2.2

Revenue

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

 
2.3

Taxation

The tax expense for the year comprises current and deferred tax. 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.

Deferred tax balances are recognised in respect of all timing differences that have originated but not reversed by the reporting date, except that:
The recognition of deferred tax assets is limited to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits; and
Any deferred tax balances are reversed if and when all conditions for retaining associated tax allowances have been met.

Deferred tax balances are not recognised in respect of permanent differences except in respect of business combinations, when deferred tax is recognised on the differences between the fair values of assets acquired and the future tax deductions available for them and the differences between the fair values of liabilities acquired and the amount that will be assessed for tax. Deferred tax is determined using tax rates and laws that have been enacted or substantively enacted by the reporting date.

Page 3

 
ASBV CONSULTING LIMITED
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024

2.Accounting policies (continued)

 
2.4

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:

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.

 
2.5

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.

 
2.6

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.

 
2.7

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.

 
2.8

Provisions for liabilities

Provisions are recognised when an event has taken place that gives rise to a legal or constructive obligation, a transfer of economic benefits is probable and a reliable estimate can be made.
Provisions are measured as the best estimate of the amount required to settle the obligation, taking into account the related risks and uncertainties.
 
Increases in provisions are generally charged as an expense to profit or loss.
Page 4

 
ASBV CONSULTING LIMITED
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024

2.Accounting policies (continued)

 
2.9

Financial instruments

The Company only enters into basic financial instrument transactions that result in the recognition of financial assets and liabilities like trade and other debtors and creditors and other third parties. 


3.


Employees

The average monthly number of employees, including directors, during the year was 2 (2023 - 2).


4.


Tangible fixed assets





Computer equipment

£



Cost


At 1 April 2023
2,285


Additions
826



At 31 March 2024

3,111



Depreciation


At 1 April 2023
631


Charge for the year on owned assets
684



At 31 March 2024

1,315



Net book value



At 31 March 2024
1,796



At 31 March 2023
1,654


5.


Debtors

2024
2023
£
£


Prepayments and accrued income
11,355
3,100

11,355
3,100


Page 5

 
ASBV CONSULTING LIMITED
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024

6.


Creditors: Amounts falling due within one year

2024
2023
£
£

Corporation tax
2,276
24

Other creditors
603
13,214

Accruals and deferred income
2,100
1,750

4,979
14,988



7.


Related party transactions

Included within other creditors is a balance of £603 (2023 - £13,214) owed to the director. This amount is interest free and repayable on demand. 

 
Page 6