Caseware UK (AP4) 2023.0.135 2023.0.135 2023-12-312023-12-31truefalse2023-01-01falseNo description of principal activity22trueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. 2518577 2023-01-01 2023-12-31 2518577 2022-01-01 2022-12-31 2518577 2023-12-31 2518577 2022-12-31 2518577 c:CompanySecretary1 2023-01-01 2023-12-31 2518577 c:Director2 2023-01-01 2023-12-31 2518577 c:RegisteredOffice 2023-01-01 2023-12-31 2518577 d:FurnitureFittings 2023-01-01 2023-12-31 2518577 d:FurnitureFittings 2023-12-31 2518577 d:FurnitureFittings 2022-12-31 2518577 d:FurnitureFittings d:OwnedOrFreeholdAssets 2023-01-01 2023-12-31 2518577 d:OfficeEquipment 2023-01-01 2023-12-31 2518577 d:OfficeEquipment 2023-12-31 2518577 d:OfficeEquipment 2022-12-31 2518577 d:OfficeEquipment d:OwnedOrFreeholdAssets 2023-01-01 2023-12-31 2518577 d:OwnedOrFreeholdAssets 2023-01-01 2023-12-31 2518577 d:CurrentFinancialInstruments 2023-12-31 2518577 d:CurrentFinancialInstruments 2022-12-31 2518577 d:CurrentFinancialInstruments d:WithinOneYear 2023-12-31 2518577 d:CurrentFinancialInstruments d:WithinOneYear 2022-12-31 2518577 d:UKTax 2023-01-01 2023-12-31 2518577 d:UKTax 2022-01-01 2022-12-31 2518577 d:ShareCapital 2023-12-31 2518577 d:ShareCapital 2022-12-31 2518577 d:RetainedEarningsAccumulatedLosses 2023-12-31 2518577 d:RetainedEarningsAccumulatedLosses 2022-12-31 2518577 c:FRS102 2023-01-01 2023-12-31 2518577 c:AuditExemptWithAccountantsReport 2023-01-01 2023-12-31 2518577 c:FullAccounts 2023-01-01 2023-12-31 2518577 c:PrivateLimitedCompanyLtd 2023-01-01 2023-12-31 2518577 e:PoundSterling 2023-01-01 2023-12-31 iso4217:GBP xbrli:pure

Registered number: 2518577










BILANEY CONSULTANTS LIMITED








UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 31 DECEMBER 2023

 
BILANEY CONSULTANTS LIMITED
 

COMPANY INFORMATION


Director
S C Bilaney 




Company secretary
Neil Thomas



Registered number
2518577



Registered office
St Julians
Sevenoaks

TN15 ORX




Accountant
Neil Thomas FCA
Chartered Accountant

Lynfield

Maynards Green

Heathfield

East Sussex

TN21 0DG





 
BILANEY CONSULTANTS LIMITED
 

CONTENTS



Page
Accountant's report
1
Balance sheet
2 - 3
Notes to the financial statements
4 - 8


 
BILANEY CONSULTANTS LIMITED
 
  
CHARTERED ACCOUNTANT'S REPORT TO THE DIRECTOR ON THE PREPARATION OF THE UNAUDITED STATUTORY FINANCIAL STATEMENTS OF BILANEY CONSULTANTS LIMITED
FOR THE YEAR ENDED 31 DECEMBER 2023

In order to assist you to fulfil your duties under the Companies Act 2006, I have prepared for your approval the financial statements of Bilaney Consultants Limited for the year ended 31 December 2023 which comprise  the Balance sheet and the related notes from the Company's accounting records and from information and explanations you have given me.

As a practising member of the Institute of Chartered Accountants in England and Wales (ICAEW)I am 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 Bilaney Consultants Limited in accordance with the terms of my engagement letter. My work has been undertaken solely to prepare for your approval the financial statements of Bilaney Consultants Limited and state those matters that I have agreed to state to the director of Bilaney Consultants Limited in this report in accordance with ICAEW Technical Release TECH07/16AAF. To the fullest extent permitted by law, I do not accept or assume responsibility to anyone other than Bilaney Consultants Limited and its director for my work or for this report. 

It is your duty to ensure that Bilaney Consultants 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 profit of Bilaney Consultants Limited. You consider that Bilaney Consultants Limited is exempt from the statutory audit requirement for the year.

I have not been instructed to carry out an audit or review of the financial statements of Bilaney Consultants Limited. For this reason, I have not verified the accuracy or completeness of the accounting records or information and explanations you have given to me and I do not, therefore, express any opinion on the statutory financial statements.

  



Neil Thomas FCA
 
Chartered Accountant
  
Lynfield
Maynards Green
Heathfield
East Sussex
TN21 0DG
3 December 2024
Page 1

 
BILANEY CONSULTANTS LIMITED
REGISTERED NUMBER: 2518577

BALANCE SHEET
AS AT 31 DECEMBER 2023

2023
2022
Note
£
£

Fixed assets
  

Tangible assets
 6 
453
65

  
453
65

Current assets
  

Debtors: amounts falling due within one year
 7 
61,931
130,122

Cash at bank and in hand
 8 
616,503
486,790

  
678,434
616,912

Creditors: amounts falling due within one year
 9 
(46,867)
(45,816)

Net current assets
  
 
 
631,567
 
 
571,096

Total assets less current liabilities
  
632,020
571,161

  

Net assets
  
632,020
571,161


Capital and reserves
  

Called up share capital 
  
2
2

Profit and loss account
  
632,018
571,159

  
632,020
571,161


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 profit and loss account 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 2 December 2024.




S C Bilaney
Director

Page 2

 
BILANEY CONSULTANTS LIMITED
REGISTERED NUMBER: 2518577

BALANCE SHEET (CONTINUED)
AS AT 31 DECEMBER 2023

The notes on pages 4 to 8 form part of these financial statements.

Page 3

 
BILANEY CONSULTANTS LIMITED
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023

1.Accounting policies

 
1.1

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 preparation of financial statements in compliance with FRS 102 requires the use of certain critical accounting estimates. It also requires management to exercise judgment in applying the Company's accounting policies.

 
1.2

Foreign currency translation

Functional and presentation currency

The Company's functional and presentational currency is GB pounds sterling.

Transactions and balances

Foreign currency transactions are translated into the functional currency using the spot exchange rates at the dates of the transactions.

At each period end foreign currency monetary items are translated using the closing rate. Non-monetary items measured at historical cost are translated using the exchange rate at the date of the transaction and non-monetary items measured at fair value are measured using the exchange rate when fair value was determined.

 
1.3

Revenue

Turnover is recognised to the extent that it is probable that the economic benefits will flow to the Company and the turnover can be reliably measured. Turnover 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 turnover is recognised:

Sale of goods

Turnover 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 turnover 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.

 
1.4

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.

Page 4

 
BILANEY CONSULTANTS LIMITED
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023

1.Accounting policies (continued)

 
1.5

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 balance sheet date in the countries where the Company operates and generates income.


 
1.6

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, as follows:.

Depreciation is provided on the following basis:

Office furniture & equipment
-
20%
reducing balance.
Computer equipment
-
50%
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.

 
1.7

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.

 
1.8

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.

 
1.9

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.

 
1.10

Dividends

Page 5

 
BILANEY CONSULTANTS LIMITED
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023

2.


General information

Bilaney Consultants Limited is a limited company incorporated in England & Wales. Its Registered Office is St Julians, Sevenoaks, Kent TN15 0RX.


3.


Employees

The average monthly number of employees, including directors, during the year was 2 (2022 - 2).


4.


Taxation


2023
2022
£
£

Corporation tax


Current tax on profits for the year
5,439
13,156


5,439
13,156


Total current tax
5,439
13,156

Factors affecting tax charge for the year

There were no factors that affected the tax charge for the year which has been calculated on the profits on ordinary activities before tax at the standard rate of corporation tax in the UK of  20% (2022 - 20%).



5.


Dividends



Page 6

 
BILANEY CONSULTANTS LIMITED
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023

6.


Tangible fixed assets





Fixtures & fittings
Computer equipment
Total

£
£
£



Cost or valuation


At 1 January 2023
1,662
3,166
4,828


Additions
-
680
680



At 31 December 2023

1,662
3,846
5,508



Depreciation


At 1 January 2023
1,597
3,166
4,763


Charge for the year on owned assets
65
227
292



At 31 December 2023

1,662
3,393
5,055



Net book value



At 31 December 2023
-
453
453



At 31 December 2022
65
-
65


7.


Debtors

2023
2022
£
£


Trade debtors
61,931
130,122

61,931
130,122



8.


Cash and cash equivalents

2023
2022
£
£

Cash at bank and in hand
616,503
486,790

616,503
486,790


Page 7

 
BILANEY CONSULTANTS LIMITED
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023

9.


Creditors: Amounts falling due within one year

2023
2022
£
£

Trade creditors
17,086
8,318

Corporation tax
5,439
13,156

Other taxation and social security
22,372
22,372

Accruals and deferred income
1,970
1,970

46,867
45,816



Page 8