Caseware UK (AP4) 2023.0.135 2023.0.135 2024-03-312024-03-313false2023-04-01trueNo description of principal activity3true 13873156 2023-04-01 2024-03-31 13873156 2022-01-26 2023-03-31 13873156 2024-03-31 13873156 2023-03-31 13873156 c:Director1 2023-04-01 2024-03-31 13873156 d:CurrentFinancialInstruments 2024-03-31 13873156 d:CurrentFinancialInstruments d:WithinOneYear 2024-03-31 13873156 d:CurrentFinancialInstruments d:WithinOneYear 2023-03-31 13873156 c:EntityHasNeverTraded 2023-04-01 2024-03-31 13873156 c:FRS102 2023-04-01 2024-03-31 13873156 c:AuditExempt-NoAccountantsReport 2023-04-01 2024-03-31 13873156 c:FullAccounts 2023-04-01 2024-03-31 13873156 c:CompanyLimitedByGuarantee 2023-04-01 2024-03-31 iso4217:GBP xbrli:pure

Registered number: 13873156










PROVIDENCE COURT MANAGEMENT LTD
(A company limited by guarantee)








UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 31 MARCH 2024

 
PROVIDENCE COURT MANAGEMENT LTD
 
(A company limited by guarantee)
REGISTERED NUMBER: 13873156

BALANCE SHEET
AS AT 31 MARCH 2024

2024
2023
Note
£
£

  

Current assets
  

Cash at bank and in hand
  
2,586
2,300

  
2,586
2,300

Creditors: amounts falling due within one year
 4 
(2,586)
(2,300)

Net current assets
  
 
 
-
 
 
-

  

Net assets
  
-
-


Capital and reserves
  

  
-
-


For the year ended 31 March 2024 the Company was entitled to exemption from audit under section 480 of the Companies Act 2006.

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 profit and loss account 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 20 November 2024.




S Davison
Director

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

Page 1

 
PROVIDENCE COURT MANAGEMENT LTD

(A company limited by guarantee)
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024

1.


General information

Providence Court Management Ltd is a private company limited by guarantee and incorporated in England and Wales, registration number 13873156. The registered office is Providence Court, 104-106 Denmark Street, Diss, Norfolk IP22 4WN.

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.

 
2.2

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.

 
2.3

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.

 
2.4

Financial instruments

The Company has elected to apply the provisions of Section 11 “Basic Financial Instruments” of FRS 102 to all of its financial instruments.

Basic financial assets

Basic financial assets, which include trade and other receivables, cash and bank balances, are initially measured at their transaction price including transaction costs and are subsequently carried at their amortised cost using the effective interest method, less any provision for impairment, unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest.

Discounting is omitted where the effect of discounting is immaterial. The Company's cash and cash equivalents, trade and most other receivables due with the operating cycle fall into this category of financial instruments.

Financial liabilities

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instruments any contract that evidences a residual interest in the assets of the Company after the deduction of all its liabilities.

Basic financial liabilities, which include trade and other payables, bank loans and other loans are initially measured at their transaction price after transaction costs. When this constitutes a financing transaction, whereby the debt instrument is measured at the present value of the future receipts
Page 2

 
PROVIDENCE COURT MANAGEMENT LTD

(A company limited by guarantee)
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024

2.Accounting policies (continued)


2.4
Financial instruments (continued)

discounted at a market rate of interest. Discounting is omitted where the effect of discounting is immaterial.

Debt instruments are subsequently carried at their amortised cost using the effective interest rate method.

Trade payables are obligations to pay for goods and services that have been acquired in the ordinary course of business from suppliers. Trade payables are classified as current liabilities if the payment is due within one year. If not, they represent non-current liabilities. Trade payables are initially recognised at their transaction price and subsequently are measured at amortised cost using the effective interest method. Discounting is omitted where the effect of discounting is immaterial.


3.


Employees

The average monthly number of employees, including directors, during the year was 3 (2023 - 3).


4.


Creditors: Amounts falling due within one year

2024
£

Other creditors
2,586

2,586




5.


Company status

The company is a private company limited by guarantee and consequently does not have share capital. Each of the members is liable to contribute an amount not exceeding £1 towards the assets of the company in the event of liquidation.

Page 3