Caseware UK (AP4) 2023.0.135 2023.0.135 2023-11-302023-11-30false2022-12-01falseManagement consultancy activities other than financial management11truetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. 09879726 2022-12-01 2023-11-30 09879726 2021-12-01 2022-11-30 09879726 2023-11-30 09879726 2022-11-30 09879726 c:Director1 2022-12-01 2023-11-30 09879726 d:MotorVehicles 2023-11-30 09879726 d:MotorVehicles 2022-11-30 09879726 d:CurrentFinancialInstruments 2023-11-30 09879726 d:CurrentFinancialInstruments 2022-11-30 09879726 d:CurrentFinancialInstruments d:WithinOneYear 2023-11-30 09879726 d:CurrentFinancialInstruments d:WithinOneYear 2022-11-30 09879726 d:ShareCapital 2023-11-30 09879726 d:ShareCapital 2022-11-30 09879726 d:RetainedEarningsAccumulatedLosses 2023-11-30 09879726 d:RetainedEarningsAccumulatedLosses 2022-11-30 09879726 c:FRS102 2022-12-01 2023-11-30 09879726 c:AuditExempt-NoAccountantsReport 2022-12-01 2023-11-30 09879726 c:FullAccounts 2022-12-01 2023-11-30 09879726 c:PrivateLimitedCompanyLtd 2022-12-01 2023-11-30 09879726 2 2022-12-01 2023-11-30 09879726 e:PoundSterling 2022-12-01 2023-11-30 iso4217:GBP xbrli:pure
Registered number: 09879726


OJR TECHNICAL CONSULTING LTD

 
DIRECTORS REPORT AND FINANCIAL STATEMENTS
 
INFORMATION FOR FILING WITH THE REGISTRAR
FOR THE YEAR ENDED 30 NOVEMBER 2023

 
OJR TECHNICAL CONSULTING LTD
REGISTERED NUMBER:09879726

STATEMENT OF FINANCIAL POSITION
AS AT 30 NOVEMBER 2023

2023
2022
Note
£
£

  

Current assets
  

Debtors: amounts falling due within one year
 5 
27,366
26,790

Creditors: amounts falling due within one year
 6 
(31,467)
(28,760)

Net current liabilities
  
 
 
(4,101)
 
 
(1,970)

  

Net liabilities
  
(4,101)
(1,970)


Capital and reserves
  

Called up share capital 
  
100
100

Profit and loss account
  
(4,201)
(2,070)

  
(4,101)
(1,970)


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 his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The Company's financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

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 by: 



O J Rudman
Director

 
Date: 
4 December 2024

The notes on pages 2 to 5 form part of these financial statements.

Page 1

 
OJR TECHNICAL CONSULTING LTD
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 NOVEMBER 2023

1.


General information

OJR Technical Consulting Ltd is a private company, limited by shares, incorporated and registered in England and Wales. 
The address of the registered office address is 6th Floor, 2 London Wall Place, London, EC2Y 5AU.
The principal activity of the Company during the year was business and other management consulting.

2.Accounting policies

 
2.1

Basis of preparation of financial statements

The financial statements are presented in sterling which is the functional currency of the Company and rounded to the nearest £1. 

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006.

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.

The following principal accounting policies have been applied:

 
2.2

Going concern

The Company had net liabilities of £4,101 (2022: £1,970) at the balance sheet date. The director has confirmed his willingness and ability to support the Company for at least 12 months from the date of approval of the financial statements. The going concern basis of preparation of the financial statements is therefore considered to be appropriate.

 
2.3

Interest income

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

 
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

Borrowing costs

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

 
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.

Page 2

 
OJR TECHNICAL CONSULTING LTD
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 NOVEMBER 2023

2.Accounting policies (continued)

 
2.7

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.

 
2.8

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.

The Company has elected to apply the recognition and measurement provisions of IFRS 9 Financial Instruments (as adopted by the UK Endorsement Board) with the disclosure requirements of Sections 11 and 12 and the other presentation requirements of FRS 102.

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

Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

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 instrument is 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.
Page 3

 
OJR TECHNICAL CONSULTING LTD
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 NOVEMBER 2023

2.Accounting policies (continued)


2.8
Financial instruments (continued)

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.


3.


Employees




The average monthly number of employees, including the director, during the year was as follows:


        2023
        2022
            No.
            No.







Director
1
1


4.


Tangible fixed assets





Motor vehicles

£



Cost or valuation


At 1 December 2022
1



At 30 November 2023

1



Depreciation


At 1 December 2022
1



At 30 November 2023

1



Net book value



At 30 November 2023
-



At 30 November 2022
-

Page 4

 
OJR TECHNICAL CONSULTING LTD
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 NOVEMBER 2023

5.


Debtors

2023
2022
£
£


Other debtors
27,366
26,790



6.


Creditors: Amounts falling due within one year

2023
2022
£
£

Bank overdrafts
16
16

Trade creditors
1,350
450

Corporation tax
29,201
27,394

Accruals and deferred income
900
900

31,467
28,760



7.


Related party transactions

During the year, net advances of £430 (2022: (£297)) were made to Mr Oliver James Rudman, the director of the Company. At the year-end, £20,284 (2022: £19,854) was owed from Mr Oliver James Rudman.


8.


Controlling party

The ultimate controlling party during the period was Mr Oliver James Rudman, the director of the Company. 

 
Page 5