Caseware UK (AP4) 2023.0.135 2023.0.135 falsefalse22023-10-050No description of principal activitytrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.false 15189307 2023-10-04 15189307 2023-10-05 2024-06-30 15189307 2022-07-01 2023-10-04 15189307 2024-06-30 15189307 c:Director1 2023-10-05 2024-06-30 15189307 d:FurnitureFittings 2023-10-05 2024-06-30 15189307 d:FurnitureFittings 2024-06-30 15189307 d:FurnitureFittings d:OwnedOrFreeholdAssets 2023-10-05 2024-06-30 15189307 d:CurrentFinancialInstruments 2024-06-30 15189307 d:CurrentFinancialInstruments d:WithinOneYear 2024-06-30 15189307 d:ShareCapital 2023-10-05 2024-06-30 15189307 d:ShareCapital 2024-06-30 15189307 d:RetainedEarningsAccumulatedLosses 2023-10-05 2024-06-30 15189307 d:RetainedEarningsAccumulatedLosses 2024-06-30 15189307 c:OrdinaryShareClass1 2023-10-05 2024-06-30 15189307 c:OrdinaryShareClass1 2024-06-30 15189307 c:FRS102 2023-10-05 2024-06-30 15189307 c:AuditExemptWithAccountantsReport 2023-10-05 2024-06-30 15189307 c:FullAccounts 2023-10-05 2024-06-30 15189307 c:PrivateLimitedCompanyLtd 2023-10-05 2024-06-30 15189307 e:PoundSterling 2023-10-05 2024-06-30 xbrli:shares iso4217:GBP xbrli:pure

Registered number: 15189307










Eclipse HR Limited








Unaudited

Financial statements

Information for filing with the registrar

For the period ended 30 June 2024

 
Eclipse HR Limited
 
  
Chartered accountants' report to the board of directors on the preparation of the unaudited statutory financial statements of Eclipse HR Limited for the period ended 30 June 2024

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Eclipse HR Limited for the period ended 30 June 2024 which comprise  the Balance sheet, the Statement of changes in equity and the related notes from the Company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW)we are subject to its ethical and other professional requirements which are detailed at https://www.icaew.com /regulation.

This report is made solely to the Board of directors of Eclipse HR Limited, as a body, in accordance with the terms of our engagement letter dated 12 January 2024Our work has been undertaken solely to prepare for your approval the financial statements of Eclipse HR Limited and state those matters that we have agreed to state to the Board of directors of Eclipse HR Limited, as a body, in this report in accordance with ICAEW Technical Release TECH07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Eclipse HR Limited and its Board of directors, as a body, for our work or for this report. 

It is your duty to ensure that Eclipse HR 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 Eclipse HR Limited. You consider that Eclipse HR Limited is exempt from the statutory audit requirement for the period.

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

  



Kreston Reeves LLP
 
Chartered Accountants
  
37 St Margaret's Street
Canterbury
Kent
CT1 2TU
9 October 2024
Page 1

 
Eclipse HR Limited
Registered number: 15189307

Balance sheet
As at 30 June 2024

2024
Note
£

Fixed assets
  

Tangible assets
  
496

  
496

Current assets
  

Debtors: amounts falling due within one year
 5 
1,336

Cash at bank and in hand
  
41,664

  
43,000

Creditors: amounts falling due within one year
 6 
(37,131)

Net current assets
  
 
 
5,869

Total assets less current liabilities
  
6,365

  

Net assets
  
6,365


Capital and reserves
  

Called up share capital 
  
2

Profit and loss account
  
6,363

  
6,365


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 period 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 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 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 9 October 2024.




C Longden
Director

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

Page 2

 
Eclipse HR Limited
 

Statement of changes in equity
For the period ended 30 June 2024


Called up share capital
Profit and loss account
Total equity

£
£
£


Comprehensive income for the period

Profit for the period
-
6,363
6,363
Total comprehensive income for the period
-
6,363
6,363


Contributions by and distributions to owners

Shares issued during the period
2
-
2


Total transactions with owners
2
-
2


At 30 June 2024
2
6,363
6,365

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

Page 3

 
Eclipse HR Limited
 

 
Notes to the financial statements
For the period ended 30 June 2024

1.


General information

Eclipse HR Limited ("the company") is a private company limited by shares and is incorporated in England with the registered number 15189307. The address of the registered office is 5 Eclipse Park, Sittingbourne Road, Maidstone, Kent, ME14 3EN. 
The principal activity of the company is the provision and management of human resources functions.

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

The company's functional and presentational currency is Pounds Sterling.
The company's financial statements are presented to the nearest £.

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

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

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

 
Eclipse HR Limited
 

 
Notes to the financial statements
For the period ended 30 June 2024

2.Accounting policies (continued)

 
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 balance sheet 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.

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:

Fixtures and fittings
-
20%

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

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 Balance sheet 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 with the operating cycle fall into this category of
Page 5

 
Eclipse HR Limited
 

 
Notes to the financial statements
For the period ended 30 June 2024

2.Accounting policies (continued)


2.6
Financial instruments (continued)

financial instruments.

Impairment of financial assets

Financial assets are assessed for indicators of impairment at each reporting date. 

Financial assets are impaired when events, subsequent to their initial recognition, indicate the estimated future cash flows derived from the financial asset(s) have been adversely impacted. The impairment loss will be the difference between the current carrying amount and the present value of the future cash flows at the asset(s) original effective interest rate.

If there is a favourable change in relation to the events surrounding the impairment loss then the impairment can be reviewed for possible reversal. The reversal will not cause the current carrying amount to exceed the original carrying amount had the impairment not been recognised. The impairment reversal is recognised in the profit or loss.

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 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.

Derecognition of financial instruments

Derecognition of financial assets

Financial assets are derecognised when their contractual right to future cash flow expire, or are settled, or when the Company transfers the asset and substantially all the risks and rewards of ownership to another party. If significant risks and rewards of ownership are retained after the transfer to another party, then the Company will continue to recognise the value of the portion of the risks and rewards retained.

Derecognition of financial liabilities

Financial liabilities are derecognised when the Company's contractual obligations expire or are discharged or cancelled.

Page 6

 
Eclipse HR Limited
 

 
Notes to the financial statements
For the period ended 30 June 2024

3.


Employees




The average monthly number of employees, including the directors, during the period was as follows:


        2024
            No.






Average employees
2


4.


Tangible fixed assets





Fixtures and fittings

£



Cost or valuation


Additions
620



At 30 June 2024

620



Depreciation


Charge for the period on owned assets
124



At 30 June 2024

124



Net book value



At 30 June 2024
496


5.


Debtors

2024
£


Trade debtors
1,336

1,336


Page 7

 
Eclipse HR Limited
 

 
Notes to the financial statements
For the period ended 30 June 2024

6.


Creditors: Amounts falling due within one year

2024
£

Amounts owed to group undertakings
32,880

Corporation tax
1,376

Accruals and deferred income
2,875

37,131



7.


Share capital

2024
£
Allotted, called up and fully paid


2 Ordinary shares of £1.00 each
2


The 2 Ordinary £1 shares were issued on incorporation on 5 October 2023.


8.


Related party transactions

At the year end the company owes its parent company Whitehead Monckton Limited £32,880 which is included in creditors.


9.


Controlling party

The company's immediate parent company is Whitehead Monckton Limited.


Page 8