Caseware UK (AP4) 2023.0.135 2023.0.135 2024-03-312024-03-312023-04-01falseNo description of principal activity11falsetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.false 12227854 2023-04-01 2024-03-31 12227854 2022-04-01 2023-03-31 12227854 2024-03-31 12227854 2023-03-31 12227854 c:Director1 2023-04-01 2024-03-31 12227854 d:Goodwill 2024-03-31 12227854 d:Goodwill 2023-03-31 12227854 d:CurrentFinancialInstruments 2024-03-31 12227854 d:CurrentFinancialInstruments 2023-03-31 12227854 d:Non-currentFinancialInstruments 2024-03-31 12227854 d:Non-currentFinancialInstruments 2023-03-31 12227854 d:CurrentFinancialInstruments d:WithinOneYear 2024-03-31 12227854 d:CurrentFinancialInstruments d:WithinOneYear 2023-03-31 12227854 d:Non-currentFinancialInstruments d:AfterOneYear 2024-03-31 12227854 d:Non-currentFinancialInstruments d:AfterOneYear 2023-03-31 12227854 d:Non-currentFinancialInstruments d:MoreThanFiveYears 2024-03-31 12227854 d:Non-currentFinancialInstruments d:MoreThanFiveYears 2023-03-31 12227854 d:ShareCapital 2024-03-31 12227854 d:ShareCapital 2023-03-31 12227854 d:RetainedEarningsAccumulatedLosses 2024-03-31 12227854 d:RetainedEarningsAccumulatedLosses 2023-03-31 12227854 c:FRS102 2023-04-01 2024-03-31 12227854 c:AuditExempt-NoAccountantsReport 2023-04-01 2024-03-31 12227854 c:FullAccounts 2023-04-01 2024-03-31 12227854 c:PrivateLimitedCompanyLtd 2023-04-01 2024-03-31 12227854 d:Goodwill d:OwnedIntangibleAssets 2023-04-01 2024-03-31 12227854 e:PoundSterling 2023-04-01 2024-03-31 iso4217:GBP xbrli:pure
Company registration number: 12227854







UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED
31 MARCH 2024


CROSSMEADS MANAGEMENT LIMITED






































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CROSSMEADS MANAGEMENT LIMITED
REGISTERED NUMBER:12227854



STATEMENT OF FINANCIAL POSITION
AS AT 31 MARCH 2024

2024
2023
Note
£
£

Fixed assets
  

Intangible assets
 4 
12,000
24,000

  
12,000
24,000

Current assets
  

Debtors: amounts falling due within one year
 5 
28,943
-

Cash at bank and in hand
  
53,431
63,109

  
82,374
63,109

Creditors: amounts falling due within one year
 6 
(23,856)
(42,827)

Net current assets
  
 
 
58,518
 
 
20,282

Total assets less current liabilities
  
70,518
44,282

Creditors: amounts falling due after more than one year
  
(24,688)
(28,437)

  

Net assets
  
45,830
15,845


Capital and reserves
  

Called up share capital 
  
100
100

Profit and loss account
  
45,730
15,745

  
45,830
15,845


Page 1

 


CROSSMEADS MANAGEMENT LIMITED
REGISTERED NUMBER:12227854


    
STATEMENT OF FINANCIAL POSITION (CONTINUED)
AS AT 31 MARCH 2024

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 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 income and retained earnings 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: 




................................................
D C Crossan
Director

Date: 16 September 2024

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

Page 2

 


CROSSMEADS MANAGEMENT LIMITED
 


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

1.


General information

Crossmeads Management Limited is a private company, limited by shares, registered in England and
Wales. The company's registered number and registered office address can be found on the Company Information page.
The presentation currency of the financial statements is the Pound Sterling (£).

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

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.

 
2.4

Financial instruments

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

Page 3

 


CROSSMEADS MANAGEMENT LIMITED
 


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

2.Accounting policies (continued)

 
2.5

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 1 (2023 - 1).


4.


Intangible assets




Other intangible assets

£



Cost


At 1 April 2023
60,000



At 31 March 2024

60,000



Amortisation


At 1 April 2023
36,000


Charge for the year on owned assets
12,000



At 31 March 2024

48,000



Net book value



At 31 March 2024
12,000



At 31 March 2023
24,000




5.


Debtors

2024
2023
£
£


Amounts owed by connected companies
16,000
-

Other debtors
12,943
-

28,943
-


Page 4

 


CROSSMEADS MANAGEMENT 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
3,750
3,750

Amounts owed to connected companies
-
24,213

Corporation tax
16,083
9,335

Other taxation and social security
3,023
4,172

Other creditors
-
357

Accruals and deferred income
1,000
1,000

23,856
42,827



7.


Creditors: Amounts falling due after more than one year

2024
2023
£
£

Bank loans
24,688
28,437

24,688
28,437



8.


Loans


Analysis of the maturity of loans is given below:


2024
2023
£
£

Amounts falling due within one year

Bank loans
3,750
3,750


3,750
3,750



Amounts falling due after more than 5 years

Bank loans
24,688
28,437

24,688
28,437

28,438
32,187



9.


Related party transactions

At the balance sheet date, the company was owed £16,000 (2023: the company owed £24,213) from related parties. This balance is interest-free.

 
Page 5