Caseware UK (AP4) 2023.0.135 2023.0.135 2024-04-302024-04-302023-05-011falseNo description of principal activity1truetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.false 10144916 2023-05-01 2024-04-30 10144916 2022-05-01 2023-04-30 10144916 2024-04-30 10144916 2023-04-30 10144916 c:Director1 2023-05-01 2024-04-30 10144916 d:FurnitureFittings 2023-05-01 2024-04-30 10144916 d:FurnitureFittings 2024-04-30 10144916 d:FurnitureFittings 2023-04-30 10144916 d:FurnitureFittings d:OwnedOrFreeholdAssets 2023-05-01 2024-04-30 10144916 d:ComputerEquipment 2023-05-01 2024-04-30 10144916 d:ComputerEquipment 2024-04-30 10144916 d:ComputerEquipment 2023-04-30 10144916 d:ComputerEquipment d:OwnedOrFreeholdAssets 2023-05-01 2024-04-30 10144916 d:OwnedOrFreeholdAssets 2023-05-01 2024-04-30 10144916 d:CurrentFinancialInstruments 2024-04-30 10144916 d:CurrentFinancialInstruments 2023-04-30 10144916 d:CurrentFinancialInstruments d:WithinOneYear 2024-04-30 10144916 d:CurrentFinancialInstruments d:WithinOneYear 2023-04-30 10144916 d:ShareCapital 2024-04-30 10144916 d:ShareCapital 2023-04-30 10144916 d:RetainedEarningsAccumulatedLosses 2024-04-30 10144916 d:RetainedEarningsAccumulatedLosses 2023-04-30 10144916 c:FRS102 2023-05-01 2024-04-30 10144916 c:AuditExempt-NoAccountantsReport 2023-05-01 2024-04-30 10144916 c:FullAccounts 2023-05-01 2024-04-30 10144916 c:PrivateLimitedCompanyLtd 2023-05-01 2024-04-30 10144916 2 2023-05-01 2024-04-30 10144916 e:PoundSterling 2023-05-01 2024-04-30 iso4217:GBP xbrli:pure

Registered number: 10144916









HP O'CONNOR LTD







Unaudited

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 30 APRIL 2024

 
HP O'CONNOR LTD
REGISTERED NUMBER: 10144916

BALANCE SHEET
AS AT 30 APRIL 2024

2024
2023
Note
£
£

Fixed assets
  

Tangible assets
 4 
6,648
5,868

  
6,648
5,868

Current assets
  

Debtors: amounts falling due within one year
 5 
47,915
95,687

Cash at bank and in hand
 6 
187,236
210,767

  
235,151
306,454

Creditors: amounts falling due within one year
 7 
(71,221)
(60,197)

Net current assets
  
 
 
163,930
 
 
246,257

Total assets less current liabilities
  
170,578
252,125

  

Net assets
  
170,578
252,125


Capital and reserves
  

Called up share capital 
  
1
1

Profit and loss account
  
170,577
252,124

  
170,578
252,125


Page 1

 
HP O'CONNOR LTD
REGISTERED NUMBER: 10144916
    
BALANCE SHEET (CONTINUED)
AS AT 30 APRIL 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 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 by: 




................................................
H P O'Connor
Director

Date: 14 November 2024

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

Page 2

 
HP O'CONNOR LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2024

1.


General information

HP O'Connor Limited is a private company, limited by shares. The company is incorporated in England and Wales and the address of its registered office is Aston House, Cornwall Avenue, London, N3 1LF. The registered number is 10144916.

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

Interest income

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

 
2.4

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 Balance Sheet. The assets of the plan are held separately from the Company in independently administered funds.

Page 3

 
HP O'CONNOR LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2024

2.Accounting policies (continued)

 
2.5

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 corporation 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.

 
2.6

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:

Fixtures & fittings
-
25% reducing balance
Computer equipment
-
25% reducing balance

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.

 
2.7

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.

 
2.8

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.

 
2.9

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.

Page 4

 
HP O'CONNOR LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2024

2.Accounting policies (continued)

 
2.10

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

2024
£

Wages and salaries
12,000

Social security costs
400

Cost of defined contribution scheme
60,000

72,400


The average monthly number of employees, including directors, during the year was 1 (2023 - 1).


4.


Tangible fixed assets





Fixtures & fittings
Computer equipment
Total

£
£
£



Cost or valuation


At 1 May 2023
6,800
7,400
14,200


Additions
2,343
-
2,343



At 30 April 2024

9,143
7,400
16,543



Depreciation


At 1 May 2023
4,261
4,071
8,332


Charge for the year on owned assets
731
832
1,563



At 30 April 2024

4,992
4,903
9,895



Net book value



At 30 April 2024
4,151
2,497
6,648



At 30 April 2023
2,539
3,329
5,868

Page 5

 
HP O'CONNOR LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2024

5.


Debtors

2024
2023
£
£


Trade debtors
27,294
75,066

Tax recoverable
20,621
20,621

47,915
95,687



6.


Cash and cash equivalents

2024
2023
£
£

Cash at bank and in hand
187,236
210,767

187,236
210,767



7.


Creditors: Amounts falling due within one year

2024
2023
£
£

Trade creditors
933
1,750

Corporation tax
51,879
36,050

Other taxation and social security
12,095
18,647

Other creditors
1,814
-

Accruals and deferred income
4,500
3,750

71,221
60,197



8.


Pension commitments

The company operates a defined contributions pension scheme. The assets of the scheme are held separately from those of the company in an independently administered fund. The pension cost charge represents contributions payable by the company to the fund and amounted to £50,000 (2022: £50,000).

Page 6