Caseware UK (AP4) 2023.0.135 2023.0.135 2024-03-312024-03-312023-04-01false23Provision of HGV driver services47truetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.false 03034512 2023-04-01 2024-03-31 03034512 2022-04-01 2023-03-31 03034512 2024-03-31 03034512 2023-03-31 03034512 c:Director1 2023-04-01 2024-03-31 03034512 c:Director2 2023-04-01 2024-03-31 03034512 d:PlantMachinery 2023-04-01 2024-03-31 03034512 d:MotorVehicles 2023-04-01 2024-03-31 03034512 d:FurnitureFittings 2023-04-01 2024-03-31 03034512 d:FurnitureFittings 2024-03-31 03034512 d:FurnitureFittings 2023-03-31 03034512 d:FurnitureFittings d:OwnedOrFreeholdAssets 2023-04-01 2024-03-31 03034512 d:OfficeEquipment 2023-04-01 2024-03-31 03034512 d:OfficeEquipment 2024-03-31 03034512 d:OfficeEquipment 2023-03-31 03034512 d:OfficeEquipment d:OwnedOrFreeholdAssets 2023-04-01 2024-03-31 03034512 d:OwnedOrFreeholdAssets 2023-04-01 2024-03-31 03034512 d:CurrentFinancialInstruments 2024-03-31 03034512 d:CurrentFinancialInstruments 2023-03-31 03034512 d:CurrentFinancialInstruments d:WithinOneYear 2024-03-31 03034512 d:CurrentFinancialInstruments d:WithinOneYear 2023-03-31 03034512 d:ShareCapital 2024-03-31 03034512 d:ShareCapital 2023-03-31 03034512 d:OtherMiscellaneousReserve 2024-03-31 03034512 d:OtherMiscellaneousReserve 2023-03-31 03034512 d:RetainedEarningsAccumulatedLosses 2024-03-31 03034512 d:RetainedEarningsAccumulatedLosses 2023-03-31 03034512 c:FRS102 2023-04-01 2024-03-31 03034512 c:AuditExempt-NoAccountantsReport 2023-04-01 2024-03-31 03034512 c:AbridgedAccounts 2023-04-01 2024-03-31 03034512 c:PrivateLimitedCompanyLtd 2023-04-01 2024-03-31 03034512 2 2023-04-01 2024-03-31 03034512 e:PoundSterling 2023-04-01 2024-03-31 iso4217:GBP xbrli:pure

Registered number: 03034512










THE JUDITH HEARN AGENCY LIMITED








UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 31 MARCH 2024

 
THE JUDITH HEARN AGENCY LIMITED
REGISTERED NUMBER: 03034512

BALANCE SHEET
AS AT 31 MARCH 2024

2024
2023
Note
£
£

Fixed assets
  

Tangible assets
  
3,124
4,686

  
3,124
4,686

Current assets
  

Debtors
  
125,316
168,685

Cash at bank and in hand
  
259,534
346,548

  
384,850
515,233

Creditors: Amounts Falling Due Within One Year
 6 
(59,729)
(124,709)

Net current assets
  
 
 
325,121
 
 
390,524

Total assets less current liabilities
  
328,245
395,210

Net assets
  
328,245
395,210


Capital and reserves
  

Called up share capital 
  
500
500

Other reserves
  
750
750

Profit and loss account
  
326,995
393,960

  
328,245
395,210


Page 1

 
THE JUDITH HEARN AGENCY LIMITED
REGISTERED NUMBER: 03034512
    
BALANCE SHEET (CONTINUED)
AS AT 31 MARCH 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 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 on 30 October 2024.




Judith Grant
Christopher Harwood
Director
Director

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

Page 2

 
THE JUDITH HEARN AGENCY LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024

1.


General information

The Judith Hearn Agency Limited is a limited liability company incorporated in England and Wales. Its registered office is Burlington House, 369 Wellingborough Road, Northampton, NN1 4EU.

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 members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A) of the Companies Act 2006.

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.

 
2.3

Interest income

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

Page 3

 
THE JUDITH HEARN AGENCY LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024

2.Accounting policies (continued)

 
2.4

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.

 
2.5

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.

 
2.6

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 balance sheet date in the countries where the Company operates and generates income.


 
2.7

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 and machinery
-
20%
Motor vehicles
-
25%
Fixtures and fittings
-
33%
Office equipment
-
33%

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.

Page 4

 
THE JUDITH HEARN AGENCY LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024

2.Accounting policies (continued)

 
2.8

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.

 
2.9

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.

 
2.10

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.


3.


Employees

The average monthly number of employees, including directors, during the year was 23 (2023 - 47).

Page 5

 
THE JUDITH HEARN AGENCY LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024

Tangible fixed assets





Fixtures and fittings
Office equipment
Total

£
£
£



Cost or valuation


At 1 April 2023
15,852
11,397
27,249



At 31 March 2024

15,852
11,397
27,249



Depreciation


At 1 April 2023
15,065
7,498
22,563


Charge for the year on owned assets
262
1,300
1,562



At 31 March 2024

15,327
8,798
24,125



Net book value



At 31 March 2024
525
2,599
3,124



At 31 March 2023
787
3,899
4,686

Page 6

 
THE JUDITH HEARN AGENCY LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024

4.


Debtors

2024
2023
£
£


Trade debtors
109,271
156,319

Other debtors
13,087
-

Prepayments and accrued income
2,958
12,367

125,316
168,686



5.


Cash and cash equivalents

2024
2023
£
£

Cash at bank and in hand
259,534
346,548

259,534
346,548



6.


Creditors: Amounts falling due within one year

2024
2023
£
£

Trade creditors
5,501
14,369

Corporation tax
-
13,060

Other taxation and social security
46,064
88,666

Other creditors
4,764
5,214

Accruals and deferred income
3,400
3,400

59,729
124,709



7.


Pension commitments

The company operates two defined contribution pension schemes. Contributions during the year totalled £52,367  (2023 - £36,255). At the year end the total amount owed to the providers was £267 (2023 - £1,290).

 
Page 7