Caseware UK (AP4) 2023.0.135 2023.0.135 2024-02-292024-02-29truefalse2023-03-01Providing consulatncy services11falseThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. 09978622 2023-03-01 2024-02-29 09978622 2022-03-01 2023-02-28 09978622 2024-02-29 09978622 2023-02-28 09978622 c:Director1 2023-03-01 2024-02-29 09978622 d:CurrentFinancialInstruments 2024-02-29 09978622 d:CurrentFinancialInstruments 2023-02-28 09978622 d:CurrentFinancialInstruments d:WithinOneYear 2024-02-29 09978622 d:CurrentFinancialInstruments d:WithinOneYear 2023-02-28 09978622 d:ShareCapital 2024-02-29 09978622 d:ShareCapital 2023-02-28 09978622 d:RetainedEarningsAccumulatedLosses 2024-02-29 09978622 d:RetainedEarningsAccumulatedLosses 2023-02-28 09978622 c:FRS102 2023-03-01 2024-02-29 09978622 c:AuditExempt-NoAccountantsReport 2023-03-01 2024-02-29 09978622 c:FullAccounts 2023-03-01 2024-02-29 09978622 c:PrivateLimitedCompanyLtd 2023-03-01 2024-02-29 iso4217:GBP xbrli:pure

Registered number: 09978622









ROUTE 73 CONSULTING LIMITED







UNAUDITED

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 29 FEBRUARY 2024

 
ROUTE 73 CONSULTING LIMITED
REGISTERED NUMBER: 09978622

BALANCE SHEET
AS AT 29 FEBRUARY 2024

2024
2024
2023
2023
Note
£
£
£
£

  

Current assets
  

Debtors: amounts falling due within one year
 4 
18,481
32,948

Cash at bank and in hand
  
143,007
102,867

  
161,488
135,815

Creditors: amounts falling due within one year
 5 
(54,933)
(60,227)

Net current assets
  
 
 
106,555
 
 
75,588

Net assets
  
106,555
75,588


Capital and reserves
  

Called up share capital 
  
1
1

Profit and loss account
  
106,554
75,587

  
106,555
75,588


The director considers 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 director acknowledges her 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 28 November 2024.




R E Farrow
Director

The notes on pages 2 to 4 form part of these financial statements.

Page 1

 
ROUTE 73 CONSULTING LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 29 FEBRUARY 2024

1.


General information

Route 73 Consulting Limited ("the Company") is a private company limited by shares, incorporated in England and Wales. Its registered office is Leytonstone House, 3 Hanbury Drive, Leytonstone, London, E11 1GA.
The principal activity of the company is that of providing consultancy services.

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 consultancy 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 costs incurred and the costs to complete the contract can be measured reliably.


 
2.3

Finance costs

Finance costs are charged to the Statement of income and retained earnings 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.

 
2.4

Debtors

Short-term debtors are measured at transaction price, less any impairment.

 
2.5

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.

Page 2

 
ROUTE 73 CONSULTING LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 29 FEBRUARY 2024

2.Accounting policies (continued)

 
2.6

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 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.

 
2.7

Creditors

Short-term creditors are measured at the transaction price.

 
2.8

Dividends

Equity dividends are recognised when they become legally payable. Interim equity dividends are recognised when paid. Final equity dividends are recognised when approved by the shareholders.

Page 3

 
ROUTE 73 CONSULTING LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 29 FEBRUARY 2024

2.Accounting policies (continued)

 
2.9

Taxation

Tax is recognised in the Statement of income and retained earnings 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.


3.


Employees

The average monthly number of employees, including directors, during the year was 1 (2023 - 1).


4.


Debtors

2024
2023
£
£

Trade debtors
18,481
32,948



5.


Creditors: Amounts falling due within one year

2024
2023
£
£

Corporation tax
33,387
26,259

Other taxation and social security
8,155
8,229

Other creditors
189
14,031

Accruals
13,202
11,708

54,933
60,227



6.


Related party transactions

At the period end the company owed £189 (2023 - £14,031) to the director.

 
Page 4