Caseware UK (AP4) 2023.0.135 2023.0.135 2023-03-312023-03-31falseNo description of principal activity2022-04-01false22trueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.false 03936430 2022-04-01 2023-03-31 03936430 2021-04-01 2022-03-31 03936430 2023-03-31 03936430 2022-03-31 03936430 c:Director2 2022-04-01 2023-03-31 03936430 d:Buildings 2023-03-31 03936430 d:Buildings 2022-03-31 03936430 d:Buildings d:OwnedOrFreeholdAssets 2022-04-01 2023-03-31 03936430 d:Buildings d:ShortLeaseholdAssets 2022-04-01 2023-03-31 03936430 d:FurnitureFittings 2022-04-01 2023-03-31 03936430 d:FurnitureFittings 2023-03-31 03936430 d:FurnitureFittings 2022-03-31 03936430 d:FurnitureFittings d:OwnedOrFreeholdAssets 2022-04-01 2023-03-31 03936430 d:OwnedOrFreeholdAssets 2022-04-01 2023-03-31 03936430 d:CurrentFinancialInstruments 2023-03-31 03936430 d:CurrentFinancialInstruments 2022-03-31 03936430 d:Non-currentFinancialInstruments 2023-03-31 03936430 d:Non-currentFinancialInstruments 2022-03-31 03936430 d:CurrentFinancialInstruments d:WithinOneYear 2023-03-31 03936430 d:CurrentFinancialInstruments d:WithinOneYear 2022-03-31 03936430 d:Non-currentFinancialInstruments d:AfterOneYear 2023-03-31 03936430 d:Non-currentFinancialInstruments d:AfterOneYear 2022-03-31 03936430 d:Non-currentFinancialInstruments d:BetweenOneTwoYears 2023-03-31 03936430 d:Non-currentFinancialInstruments d:BetweenOneTwoYears 2022-03-31 03936430 d:ShareCapital 2023-03-31 03936430 d:ShareCapital 2022-03-31 03936430 d:RetainedEarningsAccumulatedLosses 2023-03-31 03936430 d:RetainedEarningsAccumulatedLosses 2022-03-31 03936430 c:FRS102 2022-04-01 2023-03-31 03936430 c:AuditExempt-NoAccountantsReport 2022-04-01 2023-03-31 03936430 c:FullAccounts 2022-04-01 2023-03-31 03936430 c:PrivateLimitedCompanyLtd 2022-04-01 2023-03-31 03936430 e:PoundSterling 2022-04-01 2023-03-31 iso4217:GBP xbrli:pure

Registered number: 03936430









HUNTERGATHER LIMITED







UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 31 MARCH 2023

 
HUNTERGATHER LIMITED
REGISTERED NUMBER: 03936430

STATEMENT OF FINANCIAL POSITION
AS AT 31 MARCH 2023

2023
2022
                                                                    Note
£
£

Fixed assets
  

Tangible assets
 4 
118,738
118,454

  
118,738
118,454

Current assets
  

Debtors: amounts falling due within one year
 5 
524,252
539,231

Cash at bank and in hand
 6 
5,622
1,686

  
529,874
540,917

Creditors: amounts falling due within one year
 7 
(664,099)
(679,157)

Net current liabilities
  
 
 
(134,225)
 
 
(138,240)

Total assets less current liabilities
  
(15,487)
(19,786)

Creditors: amounts falling due after more than one year
 8 
(12,227)
(23,595)

  

Net liabilities
  
(27,714)
(43,381)


Capital and reserves
  

Called up share capital 
  
1,000
1,000

Profit and loss account
  
(28,714)
(44,381)

  
(27,714)
(43,381)


Page 1

 
HUNTERGATHER LIMITED
REGISTERED NUMBER: 03936430
    
STATEMENT OF FINANCIAL POSITION (CONTINUED)
AS AT 31 MARCH 2023

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 year 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 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: 




................................................
Mr D F Bradshaw
Director

Date: 21 November 2024

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

Page 2

 
HUNTERGATHER LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2023

1.


General information

Huntergather Limited is a private company limited by shares and incorporated in England. The registered office is 101 New Cavendish Street, 1st Floor South, London, W1W 6XH.
The financial statements are presented in Sterling, which is the functional currency of the company.

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

Going concern

In assessing the ability of the company to operate as a going concern, management have evaluated current and forecasted operational results, and the solvency of the company. Given that the company is in a net deficit position the Directors have obtained assurances from its shareholders that it will continue to provide adequate funds to meets its obligations, and not to demand repayment of any funds due to them, until the company is in a financial position to do so. As a result, the directors consider it appropriate to prepare the financial statements 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.

Page 3

 
HUNTERGATHER LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2023

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:

Short-term leasehold property
-
over the length of the lease
Fixtures and fittings
-
20% 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.

 
2.5

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

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.

 
2.7

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.

 
2.8

Borrowing costs

All borrowing costs are recognised in profit or loss in the year in which they are incurred.


3.


Employees

The average monthly number of employees, including directors, during the year was 2 (2022 - 2).

Page 4

 
HUNTERGATHER LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2023

4.


Tangible fixed assets





Land and buildings
Fixtures and fittings
Total

£
£
£



Cost or valuation


At 1 April 2022
117,035
94,999
212,034



At 31 March 2023

117,035
94,999
212,034



Depreciation


At 1 April 2022
-
93,580
93,580


Charge for the year on owned assets
-
(284)
(284)



At 31 March 2023

-
93,296
93,296



Net book value



At 31 March 2023
117,035
1,703
118,738



At 31 March 2022
117,035
1,419
118,454

Page 5

 
HUNTERGATHER LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2023

5.


Debtors

2023
2022
£
£


Amounts owed by joint ventures and associated undertakings
512,071
530,195

Other debtors
12,181
9,036

524,252
539,231



6.


Cash and cash equivalents

2023
2022
£
£

Cash at bank and in hand
5,622
1,686

Less: bank overdrafts
-
(6,944)

5,622
(5,258)



7.


Creditors: Amounts falling due within one year

2023
2022
£
£

Bank overdrafts
-
6,944

Bank loans
6,036
6,036

Trade creditors
1,607
2,531

Corporation tax
2,754
1,454

Other creditors
648,202
656,692

Accruals and deferred income
5,500
5,500

664,099
679,157



8.


Creditors: Amounts falling due after more than one year

2023
2022
£
£

Other loans
12,227
23,595

12,227
23,595


Page 6

 
HUNTERGATHER LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2023

9.


Loans


Analysis of the maturity of loans is given below:


2023
2022
£
£

Amounts falling due within one year

Bank loans
6,036
6,036


6,036
6,036

Amounts falling due 1-2 years

Other loans
12,227
23,595


12,227
23,595



18,263
29,631


The bank loans are secured by way of a fixed charge over the company's assets.

 
Page 7