Caseware UK (AP4) 2023.0.135 2023.0.135 2024-03-312024-03-31false2023-02-20truefalseThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.No description of principal activity3true SC759416 2023-02-19 SC759416 2023-02-20 2024-03-31 SC759416 2022-04-01 2023-02-19 SC759416 2024-03-31 SC759416 c:Director1 2023-02-20 2024-03-31 SC759416 c:Director1 2024-03-31 SC759416 c:Director2 2023-02-20 2024-03-31 SC759416 c:Director2 2024-03-31 SC759416 c:RegisteredOffice 2023-02-20 2024-03-31 SC759416 d:ComputerSoftware 2024-03-31 SC759416 d:CurrentFinancialInstruments 2024-03-31 SC759416 d:CurrentFinancialInstruments d:WithinOneYear 2024-03-31 SC759416 d:ShareCapital 2024-03-31 SC759416 d:RetainedEarningsAccumulatedLosses 2024-03-31 SC759416 c:OrdinaryShareClass1 2023-02-20 2024-03-31 SC759416 c:OrdinaryShareClass1 2024-03-31 SC759416 c:FRS102 2023-02-20 2024-03-31 SC759416 c:AuditExempt-NoAccountantsReport 2023-02-20 2024-03-31 SC759416 c:FullAccounts 2023-02-20 2024-03-31 SC759416 c:PrivateLimitedCompanyLtd 2023-02-20 2024-03-31 SC759416 d:ComputerSoftware d:ExternallyAcquiredIntangibleAssets 2023-02-20 2024-03-31 SC759416 d:ComputerSoftware d:OwnedIntangibleAssets 2023-02-20 2024-03-31 SC759416 e:PoundSterling 2023-02-20 2024-03-31 xbrli:shares iso4217:GBP xbrli:pure
Registered number: SC759416










RAISE & GLAZE LIMITED
FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 MARCH 2024

 
RAISE & GLAZE LIMITED
 

COMPANY INFORMATION


Directors
K Yule (appointed 20 February 2023)
J Christie (appointed 20 February 2023)




Registered number
SC759416



Registered office
Westby
64 West High Street

Forfar

Tayside

D8 1BJ




Accountants
EQ Accountants Limited
Chartered Accountants

Westby

64 West High Street

Forfar

Angus

DD8 1BJ





 
RAISE & GLAZE LIMITED
REGISTERED NUMBER: SC759416

STATEMENT OF FINANCIAL POSITION
AS AT 31 MARCH 2024

2024
£

FIXED ASSETS
  

Intangible Assets
 4 
2,205

  
2,205

CURRENT ASSETS
  

Debtors Within One Year
 5 
20,109

Cash at bank and in hand
  
17,872

  
37,981

Creditors: Amounts Falling Due Within One Year
 6 
(35,177)

NET CURRENT LIABILITIES
  
 
 
2,804

TOTAL ASSETS LESS CURRENT LIABILITIES
  
5,009

  

NET LIABILITIES
  
5,009


CAPITAL AND RESERVES
  

Called up share capital 
  
100

Profit and loss account
  
4,909

  
5,009


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 11 November 2024.




J Christie
K Yule
Director
Director

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

Page 1

 
RAISE & GLAZE LIMITED
 

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

1.


GENERAL INFORMATION

Raise & Glaze Limited is a private company, limited by shares, incorporated in Scotland with registration number SC759416. The registered office is Westby, 64 West High Street, Forfar, DD8 1BJ. 
The Company's functional and presentational currency is GBP. 

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:

Sale of goods

Revenue 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 revenue 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

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.

Page 2

 
RAISE & GLAZE LIMITED
 

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

2.ACCOUNTING POLICIES (CONTINUED)

 
2.3

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.

 
2.4

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.

 
2.5

INTANGIBLE ASSETS

Intangible assets are initially recognised at cost. After recognition, under the cost model, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

All intangible assets are considered to have a finite useful life. If a reliable estimate of the useful life cannot be made, the useful life shall not exceed ten years.

 Amortisation is provided on the following bases:

Website
-
25%
straight line


3.


EMPLOYEES

The average monthly number of employees, including directors, during the period was 3.

Page 3

 
RAISE & GLAZE LIMITED
 

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

4.


INTANGIBLE ASSETS



Website

£



COST


Additions
2,940



At 31 March 2024

2,940



AMORTISATION


Charge for the period on owned assets
735



At 31 March 2024

735



NET BOOK VALUE



At 31 March 2024
2,205



Page 4

 
RAISE & GLAZE LIMITED
 

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

5.


DEBTORS

2024
£


Trade debtors
19,392

Other debtors
637

Prepayments and accrued income
80

20,109



6.


CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024
£

Trade creditors
2,142

Other taxation and social security
5,480

Other creditors
25,555

Accruals and deferred income
2,000

35,177



7.


SHARE CAPITAL

2024
£
ALLOTTED, CALLED UP AND FULLY PAID


100 Ordinary shares shares of £1.00 each
100


On incorporation the company issued 100 ordinary shares of £1 each, for which £100 consideration was received.


Page 5