Caseware UK (AP4) 2023.0.135 2023.0.135 2024-03-312024-03-31No description of principal activityThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.2023-04-01false22truetrue 06172696 2023-04-01 2024-03-31 06172696 2022-04-01 2023-03-31 06172696 2024-03-31 06172696 2023-03-31 06172696 c:Director1 2023-04-01 2024-03-31 06172696 d:PlantMachinery 2023-04-01 2024-03-31 06172696 d:PlantMachinery 2024-03-31 06172696 d:PlantMachinery 2023-03-31 06172696 d:PlantMachinery d:OwnedOrFreeholdAssets 2023-04-01 2024-03-31 06172696 d:ComputerEquipment 2023-04-01 2024-03-31 06172696 d:ComputerEquipment 2024-03-31 06172696 d:ComputerEquipment 2023-03-31 06172696 d:ComputerEquipment d:OwnedOrFreeholdAssets 2023-04-01 2024-03-31 06172696 d:OwnedOrFreeholdAssets 2023-04-01 2024-03-31 06172696 d:CurrentFinancialInstruments 2024-03-31 06172696 d:CurrentFinancialInstruments 2023-03-31 06172696 d:CurrentFinancialInstruments d:WithinOneYear 2024-03-31 06172696 d:CurrentFinancialInstruments d:WithinOneYear 2023-03-31 06172696 d:ShareCapital 2024-03-31 06172696 d:ShareCapital 2023-03-31 06172696 d:RetainedEarningsAccumulatedLosses 2024-03-31 06172696 d:RetainedEarningsAccumulatedLosses 2023-03-31 06172696 c:FRS102 2023-04-01 2024-03-31 06172696 c:AuditExempt-NoAccountantsReport 2023-04-01 2024-03-31 06172696 c:FullAccounts 2023-04-01 2024-03-31 06172696 c:PrivateLimitedCompanyLtd 2023-04-01 2024-03-31 06172696 2 2023-04-01 2024-03-31 iso4217:GBP xbrli:pure
Company registration number: 06172696







UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED
31 MARCH 2024


RARE PERSPECTIVE LIMITED






































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RARE PERSPECTIVE LIMITED
REGISTERED NUMBER:06172696



STATEMENT OF FINANCIAL POSITION
AS AT 31 MARCH 2024

2024
2023
Note
£
£

Fixed assets
  

Tangible assets
 4 
23,188
1,082

  
23,188
1,082

Current assets
  

Debtors: amounts falling due within one year
 5 
630
8,840

Cash at bank and in hand
  
3,488
5,918

  
4,118
14,758

Creditors: amounts falling due within one year
 6 
(20,581)
(15,545)

Net current liabilities
  
 
 
(16,463)
 
 
(787)

Total assets less current liabilities
  
6,725
295

  

Net assets
  
6,725
295


Capital and reserves
  

Called up share capital 
  
100
100

Profit and loss account
  
6,625
195

  
6,725
295


Page 1

 


RARE PERSPECTIVE LIMITED
REGISTERED NUMBER:06172696


    
STATEMENT OF FINANCIAL POSITION (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 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 by: 




................................................
D E Gribbin
Director

Date: 15 November 2024

The notes on pages 3 to 5 form part of these financial statements.

Page 2

 


RARE PERSPECTIVE LIMITED
 


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

1.


General information

Rare Perspective Limited is a private company, limited by shares, registered in England and Wales.
The company's registered number and registered office address can be found on the Company Information page.
The presentation currency of the financial statements is the Pound Sterling (£).

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.

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:

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.

 
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

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.

Page 3

 


RARE PERSPECTIVE LIMITED
 


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

2.Accounting policies (continued)


2.5
Tangible fixed assets (continued)

Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, using the straight-line method.

Depreciation is provided on the following basis:

Plant and machinery
-
25%
straight line
Computer equipment
-
25%
straight line

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.

 
2.6

Financial instruments

Financial instruments are recognised in the Company's Statement of Financial Position when the Company becomes party to the contractual provisions of the instrument.


3.


Employees

The average monthly number of employees, including directors, during the year was 2 (2023 - 2).


4.


Tangible fixed assets





Plant and machinery
Computer equipment
Total

£
£
£



Cost or valuation


At 1 April 2023
14,189
3,050
17,239


Additions
-
25,971
25,971



At 31 March 2024

14,189
29,021
43,210



Depreciation


At 1 April 2023
14,189
1,968
16,157


Charge for the year on owned assets
-
3,865
3,865



At 31 March 2024

14,189
5,833
20,022



Net book value



At 31 March 2024
-
23,188
23,188



At 31 March 2023
-
1,082
1,082

Page 4

 


RARE PERSPECTIVE LIMITED
 


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

5.


Debtors

2024
2023
£
£


Trade debtors
630
8,840

630
8,840



6.


Creditors: Amounts falling due within one year

2024
2023
£
£

Corporation tax
3,126
10,064

Other taxation and social security
1,874
4,041

Other creditors
14,141
-

Accruals and deferred income
1,440
1,440

20,581
15,545



7.


Transactions with directors

During the year, transactions of £14,141 increased the amount owed to the director by the company (2023: reduced the amount due by £139). This loan is free of interest and repayable on demand.

 
Page 5