Caseware UK (AP4) 2023.0.135 2023.0.135 2024-03-312024-03-3112023-03-12falseManagement consultancytruetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.false 14723380 2023-03-11 14723380 2023-03-12 2024-03-31 14723380 2022-03-12 2023-03-11 14723380 2024-03-31 14723380 c:Director1 2023-03-12 2024-03-31 14723380 c:Director1 2024-03-31 14723380 c:RegisteredOffice 2023-03-12 2024-03-31 14723380 d:ComputerEquipment 2023-03-12 2024-03-31 14723380 d:ComputerEquipment 2024-03-31 14723380 d:ComputerEquipment d:OwnedOrFreeholdAssets 2023-03-12 2024-03-31 14723380 d:CurrentFinancialInstruments 2024-03-31 14723380 d:CurrentFinancialInstruments d:WithinOneYear 2024-03-31 14723380 d:ShareCapital 2024-03-31 14723380 d:RetainedEarningsAccumulatedLosses 2024-03-31 14723380 c:FRS102 2023-03-12 2024-03-31 14723380 c:AuditExempt-NoAccountantsReport 2023-03-12 2024-03-31 14723380 c:FullAccounts 2023-03-12 2024-03-31 14723380 c:PrivateLimitedCompanyLtd 2023-03-12 2024-03-31 14723380 2 2023-03-12 2024-03-31 14723380 e:PoundSterling 2023-03-12 2024-03-31 iso4217:GBP xbrli:pure
Registered number: 14723380














RKC ADVISORY LIMITED
UNAUDITED
FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 MARCH 2024

 
RKC ADVISORY LIMITED
 
 
COMPANY INFORMATION


Director
R K Clark (appointed 12 March 2023)




Registered number
14723380



Registered office
37 Becmead Avenue

London

SW16 1UJ




Accountants
Sopher + Co LLP
Chartered Accountants

5 Elstree Gate

Elstree Way

Borehamwood

Hertfordshire

WD6 1JD





 
RKC ADVISORY LIMITED
 

CONTENTS



Page
Statement of Financial Position
 
1
Notes to the Financial Statements
 
2 - 4


 
RKC ADVISORY LIMITED
REGISTERED NUMBER:14723380

STATEMENT OF FINANCIAL POSITION
AS AT 31 MARCH 2024

2024
Note
£

Fixed assets
  

Tangible assets
 4 
488

  
488

Current assets
  

Debtors: amounts falling due within one year
 5 
137,356

Current liabilities
  
137,356

Creditors: amounts falling due within one year
 6 
(136,825)

Net current assets
  
 
 
531

Total assets less current liabilities
  
1,019

  

Net assets
  
1,019


Capital and reserves
  

Called up share capital 
  
50

Profit and loss account
  
969

  
1,019


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 period 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 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 10 December 2024.




R K Clark
Director

The notes on pages 2 to 4 form part of these financial statements.

Page 1

 
RKC ADVISORY LIMITED
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 MARCH 2024

1.


General information

RKC Advisory Limited is a limited liability company registered in England. Its registered office address is at 37 Becmead Avenue, London, England, SW16 1UJ.
The principal activity of the Company during the year was that of management consultancy.
 The financial statements are presented in £ sterling, which is the functional currency of the Company.  

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

Turnover

Turnover comprises revenue recognised by the company in respect of services supplied in the year exclusive of trade discounts and Value Added Tax. 
 
Revenue from services is recognised progressively as the service is performed, provided:
- A specific service obligation in the client contract is fulfilled; and
- The income and costs associated with the service can be reliably measured, and it is likely that the payment will be received.

 
2.3

Interest income

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

 
2.4

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.

 
2.5

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.

Page 2

 
RKC ADVISORY LIMITED
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 MARCH 2024

2.Accounting policies (continued)


2.5
Tangible fixed assets (continued)

Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, using the straight-line method.

Depreciation is provided on the following basis:

Computer equipment
-
25%

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.

 
2.6

Basic financial instruments

The Company only enters into transactions that result in basic financial instruments such as trade and other debtors, trade and other creditors, cash at bank and in hand, loans to related parties. 
Trade debtors, other debtors and loans to related parties are recognised initially at the transaction price less attributable transaction costs. Trade creditors, other creditors and loans from related parties are recognised initially at transaction price plus attributable transaction costs. Subsequently they are measured at amortised cost using the effective interest method, less any impairment losses in the case of trade and other debtors, and loans to related parties. 
Interest bearing borrowings, such bank loans, classified as basic financial instruments are recognised initially at the present value of future payments discounted at a market rate of interest. Thereafter they are stated at amortised cost using the effective interest method. 
Cash and cash equivalents comprise cash balances and call deposits. 

 
2.7

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 period was 1.

Page 3

 
RKC ADVISORY LIMITED
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 MARCH 2024

4.


Tangible fixed assets





Computer equipment

£



Cost or valuation


Additions
651



At 31 March 2024

651



Depreciation


Charge for the period on owned assets
163



At 31 March 2024

163



Net book value



At 31 March 2024
488


5.


Debtors

2024
£


Other debtors
18,548

Prepayments and accrued income
118,808


Other debtors represents an amount due from the director. The amount has been repaid to the company within 9 months of the year end. Interest has been charged on the overdrawn balance at a market rate.




6.


Creditors: Amounts falling due within one year

2024
£

Corporation tax
19,861

Other creditors
7,400

Accruals and deferred income
109,564

136,825


 
Page 4