Caseware UK (AP4) 2023.0.135 2023.0.135 2023-04-01false20truedental practice activities17trueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. 11367062 2023-04-01 2024-03-31 11367062 2022-04-01 2023-03-31 11367062 2024-03-31 11367062 2023-03-31 11367062 c:Director1 2023-04-01 2024-03-31 11367062 c:Director2 2023-04-01 2024-03-31 11367062 d:PlantMachinery 2023-04-01 2024-03-31 11367062 d:PlantMachinery 2024-03-31 11367062 d:PlantMachinery 2023-03-31 11367062 d:PlantMachinery d:OwnedOrFreeholdAssets 2023-04-01 2024-03-31 11367062 d:CurrentFinancialInstruments 2024-03-31 11367062 d:CurrentFinancialInstruments 2023-03-31 11367062 d:CurrentFinancialInstruments d:WithinOneYear 2024-03-31 11367062 d:CurrentFinancialInstruments d:WithinOneYear 2023-03-31 11367062 d:ShareCapital 2024-03-31 11367062 d:ShareCapital 2023-03-31 11367062 d:RetainedEarningsAccumulatedLosses 2024-03-31 11367062 d:RetainedEarningsAccumulatedLosses 2023-03-31 11367062 c:FRS102 2023-04-01 2024-03-31 11367062 c:AuditExempt-NoAccountantsReport 2023-04-01 2024-03-31 11367062 c:FullAccounts 2023-04-01 2024-03-31 11367062 c:PrivateLimitedCompanyLtd 2023-04-01 2024-03-31 11367062 2 2023-04-01 2024-03-31 11367062 e:PoundSterling 2023-04-01 2024-03-31 iso4217:GBP xbrli:pure
Registered number: 11367062













Falsgrave Services Limited

Financial statements
Information for filing with the registrar

31 March 2024




 
Falsgrave Services Limited


Balance sheet
At 31 March 2024

2024
2023
Note
£
£

Fixed assets
  

Tangible assets
 4 
2,537
2,820

  
2,537
2,820

Current assets
  

Stocks
  
9,500
9,500

Debtors
 5 
167,619
38,019

Cash at bank and in hand
  
133
747

  
177,252
48,266

Creditors: amounts falling due within one year
 6 
(235,398)
(116,322)

Net current liabilities
  
 
 
(58,146)
 
 
(68,056)

Total assets less current liabilities
  
(55,609)
(65,236)

  

Net liabilities
  
(55,609)
(65,236)


Capital and reserves
  

Called up share capital 
  
100
100

Profit and loss account
  
(55,709)
(65,336)

Shareholders' deficit
  
(55,609)
(65,236)


1

 
Falsgrave Services Limited

    
Balance sheet (continued)
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 on 19 December 2024.




M K A Aziz
M Miah
Director
Director

Registered number: 11367062
The notes on pages 3 to 6 form part of these financial statements. 

2

 
Falsgrave Services Limited
 
 

Notes to the financial statements
Year ended 31 March 2024

1.


General information

Falsgrave Services Limited ('the company') is a private company limited by shares, incorporated and domiciled in the United Kingdom and registered in England and Wales. The address of the registered office is 2nd Floor Citygate, St. James Boulevard, Newcastle upon Tyne, Tyne & Wear, NE1 4JE.

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 Section 1A of Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006.

The following principal accounting policies have been applied:

 
2.2

Going concern

The director believes that the company will be able to continue to trade within its working capital
facilities for the foreseeable future and with the continued support of the directors and shareholders.
They choose to prepare the accounts on a going concern basis.

 
2.3

Revenue

The turnover shown in the profit and loss account represents private income, capitation scheme income and subcontract income receivable during the period.

 
2.4

Interest income

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

 
2.5

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.

 
2.6

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.

3

 
Falsgrave Services Limited
 

 
Notes to the financial statements
Year ended 31 March 2024

2.Accounting policies (continued)


2.6
Tangible fixed assets (continued)

Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, on a reducing balance basis.

Depreciation is provided on the following basis:

Plant and machinery
-
10%
reducing balance

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.

 
2.7

Stocks

Stocks are stated at the lower of cost and net realisable value, being the estimated selling price less costs to complete and sell. Cost is based on the cost of purchase on a first in, first out basis. Work in progress and finished goods include labour and attributable overheads.

At each balance sheet date, stocks are assessed for impairment. If stock is impaired, the carrying amount is reduced to its selling price less costs to complete and sell. The impairment loss is recognised immediately in profit or loss.

 
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.

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 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
4

 
Falsgrave Services Limited
 

 
Notes to the financial statements
Year ended 31 March 2024

2.Accounting policies (continued)


2.8
Financial instruments (continued)

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.


3.


Employees

The average monthly number of employees, including directors, during the year was 20 (2023 - 17).


4.


Tangible fixed assets





Plant and machinery

£



Cost


At 1 April 2023
2,944



At 31 March 2024

2,944



Depreciation


At 1 April 2023
125


Charge for the year
282



At 31 March 2024

407



Net book value



At 31 March 2024
2,537



At 31 March 2023
2,820

5

 
Falsgrave Services Limited
 
 

Notes to the financial statements
Year ended 31 March 2024

5.


Debtors

2024
2023
£
£


Other debtors
167,619
38,019

167,619
38,019



6.


Creditors: amounts falling due within one year

2024
2023
£
£

Other taxation and social security
3,030
2,242

Other creditors
227,400
111,776

Accruals and deferred income
4,968
2,304

235,398
116,322


 
6