Caseware UK (AP4) 2023.0.135 2023.0.135 2024-03-312024-03-31true2023-04-01false44trueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.false 01505159 2023-04-01 2024-03-31 01505159 2022-06-01 2023-03-31 01505159 2024-03-31 01505159 2023-03-31 01505159 2022-06-01 01505159 c:Director2 2023-04-01 2024-03-31 01505159 d:MotorVehicles 2023-04-01 2024-03-31 01505159 d:MotorVehicles 2024-03-31 01505159 d:MotorVehicles 2023-03-31 01505159 d:MotorVehicles d:OwnedOrFreeholdAssets 2023-04-01 2024-03-31 01505159 d:MotorVehicles d:LeasedAssetsHeldAsLessee 2023-04-01 2024-03-31 01505159 d:OfficeEquipment 2023-04-01 2024-03-31 01505159 d:OfficeEquipment 2024-03-31 01505159 d:OfficeEquipment 2023-03-31 01505159 d:OfficeEquipment d:OwnedOrFreeholdAssets 2023-04-01 2024-03-31 01505159 d:OfficeEquipment d:LeasedAssetsHeldAsLessee 2023-04-01 2024-03-31 01505159 d:OwnedOrFreeholdAssets 2023-04-01 2024-03-31 01505159 d:LeasedAssetsHeldAsLessee 2023-04-01 2024-03-31 01505159 d:CurrentFinancialInstruments 2024-03-31 01505159 d:CurrentFinancialInstruments 2023-03-31 01505159 d:Non-currentFinancialInstruments 2024-03-31 01505159 d:Non-currentFinancialInstruments 2023-03-31 01505159 d:CurrentFinancialInstruments d:WithinOneYear 2024-03-31 01505159 d:CurrentFinancialInstruments d:WithinOneYear 2023-03-31 01505159 d:Non-currentFinancialInstruments d:AfterOneYear 2024-03-31 01505159 d:Non-currentFinancialInstruments d:AfterOneYear 2023-03-31 01505159 d:Non-currentFinancialInstruments d:BetweenTwoFiveYears 2024-03-31 01505159 d:Non-currentFinancialInstruments d:BetweenTwoFiveYears 2023-03-31 01505159 d:ShareCapital 2024-03-31 01505159 d:ShareCapital 2023-03-31 01505159 d:ShareCapital 2022-06-01 01505159 d:RetainedEarningsAccumulatedLosses 2023-04-01 2024-03-31 01505159 d:RetainedEarningsAccumulatedLosses 2024-03-31 01505159 d:RetainedEarningsAccumulatedLosses 2022-06-01 2023-03-31 01505159 d:RetainedEarningsAccumulatedLosses 2023-03-31 01505159 d:RetainedEarningsAccumulatedLosses 2022-06-01 01505159 c:FRS102 2023-04-01 2024-03-31 01505159 c:AuditExempt-NoAccountantsReport 2023-04-01 2024-03-31 01505159 c:FullAccounts 2023-04-01 2024-03-31 01505159 c:PrivateLimitedCompanyLtd 2023-04-01 2024-03-31 01505159 d:HirePurchaseContracts d:WithinOneYear 2024-03-31 01505159 d:HirePurchaseContracts d:WithinOneYear 2023-03-31 01505159 d:HirePurchaseContracts d:BetweenOneFiveYears 2024-03-31 01505159 d:HirePurchaseContracts d:BetweenOneFiveYears 2023-03-31 01505159 2 2023-04-01 2024-03-31 01505159 e:PoundSterling 2023-04-01 2024-03-31 iso4217:GBP xbrli:pure

Registered number: 01505159










MEALBILL LIMITED








UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 31 MARCH 2024

 
MEALBILL LIMITED
 

CONTENTS



Page
Balance sheet
 
1 - 2
Statement of changes in equity
 
3
Notes to the financial statements
 
4 - 10

 
MEALBILL LIMITED
REGISTERED NUMBER: 01505159

BALANCE SHEET
AS AT 31 MARCH 2024

2024
2023
Note
£
£

Fixed assets
  

Tangible assets
 4 
20,104
27,643

  
20,104
27,643

Current assets
  

Stocks
  
222,442
222,442

Debtors: amounts falling due within one year
 5 
1,024,074
1,026,992

Cash at bank and in hand
  
48,290
59,184

  
1,294,806
1,308,618

Creditors: amounts falling due within one year
 6 
(304,903)
(335,818)

Net current assets
  
 
 
989,903
 
 
972,800

Total assets less current liabilities
  
1,010,007
1,000,443

Creditors: amounts falling due after more than one year
 7 
(135,193)
(155,245)

  

Net assets
  
874,814
845,198


Capital and reserves
  

Called up share capital 
  
200
200

Profit and loss account
  
874,614
844,998

  
874,814
845,198

Page 1

 
MEALBILL LIMITED
REGISTERED NUMBER: 01505159
    
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 by: 




Mr E F D Greene
Director
Date: 28 November 2024

The notes on pages 4 to 10 form part of these financial statements.
Page 2

 
MEALBILL LIMITED
 

STATEMENT OF CHANGES IN EQUITY
FOR THE YEAR ENDED 31 MARCH 2024


Called up share capital
Profit and loss account
Total equity

£
£
£


At 1 June 2022
200
842,369
842,569


Comprehensive income for the period

Profit for the period
-
17,629
17,629


Contributions by and distributions to owners

Dividends: Equity capital
-
(15,000)
(15,000)



At 1 April 2023
200
844,998
845,198


Comprehensive income for the year

Profit for the year
-
29,616
29,616


Contributions by and distributions to owners

Dividends: Equity capital
-
-
-


At 31 March 2024
200
874,614
874,814


The notes on pages 4 to 10 form part of these financial statements.
Page 3

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

1.


General information

Mealbill Limited (01505159) is a private company limited by shares and incorporated in England and Wales. The registered office address is 14th Floor, 33 Cavendish Square, London, W1G 0PW.

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

Interest income

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

 
2.3

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.

 
2.4

Borrowing costs

All borrowing costs are recognised in profit or loss in the year in which they are incurred.

 
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.

Page 4

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

2.Accounting policies (continued)

 
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, using the below methods.

Depreciation is provided on the following basis:

Motor vehicles
-
25%
Reducing balance
Office equipment
-
33%
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.

 
2.8

Stocks

Stocks are stated at the lower of cost and net realisable value. Costs include direct costs.

 
2.9

Debtors

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

 
2.10

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.

 
2.11

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 5

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

2.Accounting policies (continued)

 
2.12

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.

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

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 within 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 payments 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.

Page 6

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

2.Accounting policies (continued)


2.12
Financial instruments (continued)


Derecognition of financial instruments

Derecognition of financial assets

Financial assets are derecognised when their contractual right to future cash flow expire, or are settled, or when the Company transfers the asset and substantially all the risks and rewards of ownership to another party. If significant risks and rewards of ownership are retained after the transfer to another party, then the Company will continue to recognise the value of the portion of the risks and rewards retained.

Derecognition of financial liabilities

Financial liabilities are derecognised when the Company's contractual obligations expire or are discharged or cancelled.

 
2.13

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 at an annual general meeting.


3.


Employees




The average monthly number of employees, including directors, during the year was 4 (2023 - 4).

Page 7

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

4.


Tangible fixed assets





Motor vehicles
Office equipment
Total

£
£
£



Cost 


At 1 April 2023
46,590
8,116
54,706


Disposals
-
(4,951)
(4,951)



At 31 March 2024

46,590
3,165
49,755



Depreciation


At 1 April 2023
20,383
6,680
27,063


Charge for the year on owned assets
-
987
987


Charge for the year on financed assets
6,552
-
6,552


Disposals
-
(4,951)
(4,951)



At 31 March 2024

26,935
2,716
29,651



Net book value



At 31 March 2024
19,655
449
20,104



At 31 March 2023
26,207
1,436
27,643


5.


Debtors

2024
2023
£
£


Other debtors
1,018,857
1,017,957

Prepayments and accrued income
5,217
9,035

1,024,074
1,026,992


Page 8

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

6.


Creditors: Amounts falling due within one year

2024
2023
£
£

Bank loans
16,716
17,118

Corporation tax
9,201
5,799

Obligations under finance lease and hire purchase contracts
3,737
2,915

Other creditors
263,256
297,211

Accruals and deferred income
11,993
12,775

304,903
335,818


Included in bank loans due within one year is £7,336 (2023 - £7,971) secured on the company's interest
in joint venture stock.


7.


Creditors: Amounts falling due after more than one year

2024
2023
£
£

Bank loans
109,400
125,715

Net obligations under finance leases and hire purchase contracts
25,793
29,530

135,193
155,245


Page 9

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

8.


Loans


Analysis of the maturity of loans is given below:


2024
2023
£
£

Amounts falling due within one year

Bank loans
16,716
17,118


16,716
17,118


Amounts falling due 2-5 years

Bank loans
109,400
125,715


109,400
125,715


126,116
142,833


The bank loan is secured on the company's interest in joint venture stock.


9.


Hire purchase and finance leases


Minimum lease payments under hire purchase fall due as follows:

2024
2023
£
£


Within one year
3,737
2,915

Between 1-5 years
25,793
29,530

29,530
32,445


10.


Pension commitments

The Company operates a defined contributions pension scheme. The assets of the scheme are held
separately from those of the Company in an independently administered fund. The pension cost charge
represents contributions payable by the Company to the fund and amounted to £6,221 (2023 - £6,296) .


11.


Controlling party

The company considers Mrs A.Greene, a director of the company, to be its ultimate controlling party, by
virtue of her shareholding in the company.
 
Page 10