Caseware UK (AP4) 2023.0.135 2023.0.135 2024-04-302024-04-303falseThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.2023-05-01truefalseNo description of principal activity3false 12800356 2023-05-01 2024-04-30 12800356 2022-05-01 2023-04-30 12800356 2024-04-30 12800356 2023-04-30 12800356 c:Director1 2023-05-01 2024-04-30 12800356 d:CurrentFinancialInstruments 2024-04-30 12800356 d:CurrentFinancialInstruments 2023-04-30 12800356 d:CurrentFinancialInstruments d:WithinOneYear 2024-04-30 12800356 d:CurrentFinancialInstruments d:WithinOneYear 2023-04-30 12800356 d:ShareCapital 2024-04-30 12800356 d:ShareCapital 2023-04-30 12800356 d:RetainedEarningsAccumulatedLosses 2024-04-30 12800356 d:RetainedEarningsAccumulatedLosses 2023-04-30 12800356 c:FRS102 2023-05-01 2024-04-30 12800356 c:AuditExempt-NoAccountantsReport 2023-05-01 2024-04-30 12800356 c:FullAccounts 2023-05-01 2024-04-30 12800356 c:PrivateLimitedCompanyLtd 2023-05-01 2024-04-30 12800356 e:PoundSterling 2023-05-01 2024-04-30 iso4217:GBP xbrli:pure

Registered number: 12800356










A NORFOLK BREAK LIMITED








UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 30 APRIL 2024

 
A NORFOLK BREAK LIMITED
REGISTERED NUMBER: 12800356

STATEMENT OF FINANCIAL POSITION
AS AT 30 APRIL 2024

2024
2023
Note
£
£

  

Current assets
  

Debtors: amounts falling due within one year
 4 
62,668
47,951

Cash at bank and in hand
 5 
6,061
16,271

  
68,729
64,222

Creditors: amounts falling due within one year
 6 
(15,910)
(53,661)

Net current assets
  
 
 
52,819
 
 
10,561

Total assets less current liabilities
  
52,819
10,561

  

Net assets
  
52,819
10,561


Capital and reserves
  

Called up share capital 
  
106
106

Profit and loss account
  
52,713
10,455

  
52,819
10,561


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 income statement 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 23 November 2024.




J Paterson
Director
Page 1

 
A NORFOLK BREAK LIMITED
REGISTERED NUMBER: 12800356
    
STATEMENT OF FINANCIAL POSITION (CONTINUED)
AS AT 30 APRIL 2024


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

Page 2

 
A NORFOLK BREAK LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2024

1.


General information

A Norfolk Break Limited is a company registered in England and Wales, company number 12800356, the registered office is Manor Farm, Sco-Ruston Road, Tunstead, Norwich, NR12 8ET

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

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.

Page 3

 
A NORFOLK BREAK LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2024

2.Accounting policies (continued)

 
2.3

Research and development

In the research phase of an internal project it is not possible to demonstrate that the project will generate future economic benefits and hence all expenditure on research shall be recognised as an expense when it is incurred. Intangible assets are recognised from the development phase of a project if and only if certain specific criteria are met in order to demonstrate the asset will generate probable future economic benefits and that its cost can be reliably measured. The capitalised development costs are subsequently amortised on a straight-line basis over their useful economic lives, which range from 3 to 6 years.
If it is not possible to distinguish between the research phase and the development phase of an internal project, the expenditure is treated as if it were all incurred in the research phase only.

 
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

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.


 
2.6

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.

 
2.7

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.

 
2.8

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.

Page 4

 
A NORFOLK BREAK LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2024

3.


Employees




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


4.


Debtors

2024
2023
£
£


Trade debtors
1,125
-

Other debtors
61,543
47,951

62,668
47,951



5.


Cash and cash equivalents

2024
2023
£
£

Cash at bank and in hand
6,061
16,271

6,061
16,271



6.


Creditors: Amounts falling due within one year

2024
2023
£
£

Trade creditors
10,017
(1,966)

Amounts owed to group undertakings
2,218
2,218

Corporation tax
-
1,063

Other creditors
-
2,980

Accruals and deferred income
3,675
49,366

15,910
53,661



7.


Related party transactions

The directors were overdrawn by £20,674 (2023:£47,951) at the year end. This was repaid within 9 months of the year end.

 
Page 5