Caseware UK (AP4) 2023.0.135 2023.0.135 trueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.2023-03-01falsetrueNo description of principal activity1false1 11817212 2023-03-01 2024-02-29 11817212 2022-03-01 2023-02-28 11817212 2024-02-29 11817212 2023-02-28 11817212 c:Director2 2023-03-01 2024-02-29 11817212 d:CurrentFinancialInstruments 2024-02-29 11817212 d:CurrentFinancialInstruments 2023-02-28 11817212 d:CurrentFinancialInstruments d:WithinOneYear 2024-02-29 11817212 d:CurrentFinancialInstruments d:WithinOneYear 2023-02-28 11817212 d:RetainedEarningsAccumulatedLosses 2024-02-29 11817212 d:RetainedEarningsAccumulatedLosses 2023-02-28 11817212 c:FRS102 2023-03-01 2024-02-29 11817212 c:AuditExemptWithAccountantsReport 2023-03-01 2024-02-29 11817212 c:FullAccounts 2023-03-01 2024-02-29 11817212 c:CompanyLimitedByGuarantee 2023-03-01 2024-02-29 11817212 e:PoundSterling 2023-03-01 2024-02-29 iso4217:GBP xbrli:pure

Registered number: 11817212










A Leg To Stand On UK Limited
(A company limited by guarantee)








Unaudited

Financial statements

For the year ended 29 February 2024

 
A Leg To Stand On UK Limited
 
(A company limited by guarantee)
 
  
Chartered accountants' report to the director on the preparation of the unaudited statutory financial statements of A Leg To Stand On UK Limited for the year ended 29 February 2024

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of A Leg To Stand On UK Limited for the year ended 29 February 2024 which comprise the Balance sheet and the related notes from the Company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW)we are subject to its ethical and other professional requirements which are detailed at https://www.icaew.com /regulation.

This report is made solely to the director of A Leg To Stand On UK Limited in accordance with the terms of our engagement letter dated 27 June 2024Our work has been undertaken solely to prepare for your approval the financial statements of A Leg To Stand On UK Limited and state those matters that we have agreed to state to the director of A Leg To Stand On UK Limited in this report in accordance with ICAEW Technical Release TECH07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than A Leg To Stand On UK Limited and its director for our work or for this report. 

It is your duty to ensure that A Leg To Stand On UK Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and loss of A Leg To Stand On UK Limited. You consider that A Leg To Stand On UK Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or review of the financial statements of A Leg To Stand On UK Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.

  



Kreston Reeves LLP
Chartered Accountants
2nd Floor
168 Shoreditch High Street
London
E1 6RA
29 November 2024
Page 1

 
A Leg To Stand On UK Limited
 
(A company limited by guarantee)
Registered number: 11817212

Balance sheet
As at 29 February 2024

29 February
28 February
2024
2023
Note
£
£

  

Current assets
  

Debtors: amounts falling due within one year
 4 
-
19,343

Cash at bank and in hand
  
211
221

  
211
19,564

Creditors: amounts falling due within one year
 5 
(59,986)
(67,886)

Net current liabilities
  
 
 
(59,775)
 
 
(48,322)

Total assets less current liabilities
  
(59,775)
(48,322)

  

Net liabilities
  
(59,775)
(48,322)


Capital and reserves
  

Profit and loss account
  
(59,775)
(48,322)

  
(59,775)
(48,322)


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 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 29 November 2024.




A U A Galligan
Director

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

Page 2

 
A Leg To Stand On UK Limited

(A company limited by guarantee)
 

 
Notes to the financial statements
For the year ended 29 February 2024

1.


General information

A Leg to Stand On UK Limited (the Company) is company limited by guarantee incorporated and domiciled in England and Wales. The address of its registered office is 2nd Floor, 168 Shoreditch High Street, London, E1 6RA. The principal activity of the company is that of holding of events. 

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:

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

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.

 
2.4

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.

 
2.5

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 3

 
A Leg To Stand On UK Limited

(A company limited by guarantee)
 

 
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.

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.

Page 4

 
A Leg To Stand On UK Limited

(A company limited by guarantee)
 

 
Notes to the financial statements
For the year ended 29 February 2024

3.


Employees




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


4.


Debtors

29 February
28 February
2024
2023
£
£


Trade debtors
-
11,000

Other debtors
-
8,343

-
19,343



5.


Creditors: Amounts falling due within one year

29 February
28 February
2024
2023
£
£

Other creditors
57,886
67,886

Accruals and deferred income
2,100
-

59,986
67,886




6.


Company status

The company is a private company limited by guarantee and consequently does not have share capital. Each of the members is liable to contribute an amount not exceeding £1 towards the assets of the company in the event of liquidation.


Page 5