Caseware UK (AP4) 2023.0.135 2023.0.135 2024-05-312024-05-312truetrue2022-12-01falseNo description of principal activity2The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.false 05398816 2022-12-01 2024-05-31 05398816 2021-12-01 2022-11-30 05398816 2024-05-31 05398816 2022-11-30 05398816 c:Director3 2022-12-01 2024-05-31 05398816 d:PlantMachinery 2022-12-01 2024-05-31 05398816 d:PlantMachinery 2024-05-31 05398816 d:PlantMachinery 2022-11-30 05398816 d:PlantMachinery d:OwnedOrFreeholdAssets 2022-12-01 2024-05-31 05398816 d:FreeholdInvestmentProperty 2024-05-31 05398816 d:FreeholdInvestmentProperty 2022-11-30 05398816 d:CurrentFinancialInstruments 2024-05-31 05398816 d:CurrentFinancialInstruments 2022-11-30 05398816 d:CurrentFinancialInstruments d:WithinOneYear 2024-05-31 05398816 d:CurrentFinancialInstruments d:WithinOneYear 2022-11-30 05398816 d:ShareCapital 2024-05-31 05398816 d:ShareCapital 2022-11-30 05398816 d:RetainedEarningsAccumulatedLosses 2024-05-31 05398816 d:RetainedEarningsAccumulatedLosses 2022-11-30 05398816 c:FRS102 2022-12-01 2024-05-31 05398816 c:AuditExempt-NoAccountantsReport 2022-12-01 2024-05-31 05398816 c:FullAccounts 2022-12-01 2024-05-31 05398816 c:PrivateLimitedCompanyLtd 2022-12-01 2024-05-31 05398816 2 2022-12-01 2024-05-31 05398816 e:PoundSterling 2022-12-01 2024-05-31 iso4217:GBP xbrli:pure
                                                                                                         Registered number: 05398816














HALLMARK FUNCTION MANAGEMENT LIMITED


UNAUDITED

FINANCIAL STATEMENTS

FOR THE PERIOD ENDED 31 MAY 2024

 
HALLMARK FUNCTION MANAGEMENT LIMITED
REGISTERED NUMBER:05398816

STATEMENT OF FINANCIAL POSITION
AS AT 31 MAY 2024

31 May
30 November
2024
2022
Note
£
£

Fixed assets
  

Tangible assets
 4 
9,280
11,804

Investment property
 5 
260,000
260,000

  
269,280
271,804

Current assets
  

Cash at bank and in hand
  
91,563
76,069

  
91,563
76,069

Creditors: amounts falling due within one year
 6 
(427,416)
(426,896)

Net current liabilities
  
 
 
(335,853)
 
 
(350,827)

Total assets less current liabilities
  
(66,573)
(79,023)

  

Net liabilities
  
(66,573)
(79,023)


Capital and reserves
  

Called up share capital 
  
200
200

Profit and loss account
  
(66,773)
(79,223)

  
(66,573)
(79,023)


Page 1

 
HALLMARK FUNCTION MANAGEMENT LIMITED
REGISTERED NUMBER:05398816
    
STATEMENT OF FINANCIAL POSITION (CONTINUED)
AS AT 31 MAY 2024

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 Company's financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

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 income statement 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: 




................................................
Mr J P Mobbs
Director

Date: 11 November 2024

The notes on pages 3 to 7 form part of these financial statements.

Page 2

 
HALLMARK FUNCTION MANAGEMENT LIMITED
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 MAY 2024

1.


General information

Hallmark Function Management Limited is a company limited by shares incorporated in England and Wales, registration number 05398816. The registered office is Prospect House 1st floor, Rouen Road, Norwich, Norfolk, United Kingdom, NR1 1RE.

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

The preparation of financial statements in compliance with FRS 102 requires the use of certain critical accounting estimates. It also requires management to exercise judgment in applying the Company's accounting policies.

The following principal accounting policies have been applied:

 
2.2

Going concern

At the year end the company had a shareholders' deficit. The directors are confident with their support, it will be able to meet its obligations as and when they fell due and therefore the accounts are completed on a going concern basis.

 
2.3

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.

 
2.4

Interest income

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

Page 3

 
HALLMARK FUNCTION MANAGEMENT LIMITED
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 MAY 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 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.


 
2.6

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:

Plant & machinery
-
15% 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

Investment property

Investment property is carried at fair value determined annually by external valuers and derived from the current market rents and investment property yields for comparable real estate, adjusted if necessary for any difference in the nature, location or condition of the specific asset. No depreciation is provided. Changes in fair value are recognised in profit or loss.

 
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

 
HALLMARK FUNCTION MANAGEMENT LIMITED
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 MAY 2024

3.


Employees




The average monthly number of employees, including the directors, during the period was as follows:


        2024
        2022
            No.
            No.







Directors
2
2


4.


Tangible fixed assets







Plant & machinery

£



Cost or valuation


At 1 December 2022
87,896



At 31 May 2024

87,896



Depreciation


At 1 December 2022
76,092


Charge for the period on owned assets
2,524



At 31 May 2024

78,616



Net book value



At 31 May 2024
9,280



At 30 November 2022
11,804

Page 5

 
HALLMARK FUNCTION MANAGEMENT LIMITED
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 MAY 2024

5.


Investment property





Freehold investment property

£



Valuation


At 1 December 2022
260,000



At 31 May 2024
260,000

The 2024 valuations were made by the directors, on an open market value for existing use basis.




Page 6

 
HALLMARK FUNCTION MANAGEMENT LIMITED
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 MAY 2024

6.


Creditors: Amounts falling due within one year

31 May
30 November
2024
2022
£
£

Corporation tax
3,512
3,034

Other creditors
418,666
418,666

Accruals and deferred income
5,238
5,196

427,416
426,896


The following liabilities were secured:




Details of security provided:

Other creditors of £418,666(£418,666:2022) were secured by way of a fixed charge by JJ Mobbs.

 
Page 7