Caseware UK (AP4) 2023.0.135 2023.0.135 2024-04-302024-04-30false22023-05-01falseNo description of principal activity2trueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. 00527000 2023-05-01 2024-04-30 00527000 2022-05-01 2023-04-30 00527000 2024-04-30 00527000 2023-04-30 00527000 c:Director1 2023-05-01 2024-04-30 00527000 d:Buildings 2023-05-01 2024-04-30 00527000 d:Buildings 2024-04-30 00527000 d:Buildings 2023-04-30 00527000 d:Buildings d:OwnedOrFreeholdAssets 2023-05-01 2024-04-30 00527000 d:PlantMachinery 2023-05-01 2024-04-30 00527000 d:PlantMachinery 2024-04-30 00527000 d:PlantMachinery 2023-04-30 00527000 d:PlantMachinery d:OwnedOrFreeholdAssets 2023-05-01 2024-04-30 00527000 d:OfficeEquipment 2023-05-01 2024-04-30 00527000 d:OfficeEquipment 2024-04-30 00527000 d:OfficeEquipment 2023-04-30 00527000 d:OfficeEquipment d:OwnedOrFreeholdAssets 2023-05-01 2024-04-30 00527000 d:OwnedOrFreeholdAssets 2023-05-01 2024-04-30 00527000 d:CurrentFinancialInstruments 2024-04-30 00527000 d:CurrentFinancialInstruments 2023-04-30 00527000 d:CurrentFinancialInstruments d:WithinOneYear 2024-04-30 00527000 d:CurrentFinancialInstruments d:WithinOneYear 2023-04-30 00527000 d:ShareCapital 2024-04-30 00527000 d:ShareCapital 2023-04-30 00527000 d:RevaluationReserve 2024-04-30 00527000 d:RevaluationReserve 2023-04-30 00527000 d:OtherMiscellaneousReserve 2024-04-30 00527000 d:OtherMiscellaneousReserve 2023-04-30 00527000 d:RetainedEarningsAccumulatedLosses 2024-04-30 00527000 d:RetainedEarningsAccumulatedLosses 2023-04-30 00527000 c:FRS102 2023-05-01 2024-04-30 00527000 c:AuditExempt-NoAccountantsReport 2023-05-01 2024-04-30 00527000 c:FullAccounts 2023-05-01 2024-04-30 00527000 c:PrivateLimitedCompanyLtd 2023-05-01 2024-04-30 00527000 2 2023-05-01 2024-04-30 00527000 6 2023-05-01 2024-04-30 iso4217:GBP xbrli:pure

Registered number: 00527000










GILES TUKER LIMITED








UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 30 APRIL 2024

 
GILES TUKER LIMITED
REGISTERED NUMBER:00527000

BALANCE SHEET
AS AT 30 APRIL 2024

2024
2023
Note
£
£

Fixed assets
  

Tangible assets
 4 
574,976
549,604

Investments
 5 
150,000
150,000

  
724,976
699,604

Current assets
  

Debtors: amounts falling due within one year
 6 
12,934
15,133

Cash at bank and in hand
 7 
103,756
156,862

  
116,690
171,995

Creditors: amounts falling due within one year
 8 
(23,934)
(22,865)

Net current assets
  
 
 
92,756
 
 
149,130

Total assets less current liabilities
  
817,732
848,734

  

Net assets
  
817,732
848,734


Capital and reserves
  

Called up share capital 
  
31,002
31,002

Revaluation reserve
  
25,000
25,000

Other reserves
  
37,000
37,000

Profit and loss account
  
724,730
755,732

  
817,732
848,734


Page 1

 
GILES TUKER LIMITED
REGISTERED NUMBER:00527000
    
BALANCE SHEET (CONTINUED)
AS AT 30 APRIL 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 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: 




A M Holmes
Director

Date: 16 January 2025

The notes on pages 3 to 7 form part of these financial statements.

Page 2

 
GILES TUKER LIMITED
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2024

1.


General information

Giles Tuker Limited is a company limited by shares, domiciled in England and Wales, registered number 00527000. The registered office and principal place of business is Brocks Farm House, Twitty Fee, Danbury, Chelmsford, CM3 4PG.

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

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

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 balance sheet date in the countries where the Company operates and generates income.

Page 3

 
GILES TUKER LIMITED
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2024

2.Accounting policies (continued)

 
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:

Freehold property
-
over 50 years
Plant and machinery
-
over 5 years
Office equipment
-
over 5 years

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

Valuation of investments

Investments in subsidiaries are measured at cost less accumulated impairment.

Investments in unlisted Company shares, whose market value can be reliably determined, are remeasured to market value at each balance sheet date. Gains and losses on remeasurement are recognised in the Statement of Income and Retained Earnings for the period. Where market value cannot be reliably determined, such investments are stated at historic cost less impairment.

Investments in listed company shares are remeasured to market value at each balance sheet date. Gains and losses on remeasurement are recognised in profit or loss for the period.

 
2.7

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.

 
2.8

Cash and cash equivalents

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.

Page 4

 
GILES TUKER LIMITED
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2024

2.Accounting policies (continued)

 
2.9

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.

 
2.10

Financial instruments

The Company only enters into basic financial instrument transactions that result in the recognition of financial assets and liabilities like trade and other debtors and creditors, loans from banks and other third parties, loans to related parties and investments in ordinary shares.

Debt instruments (other than those wholly repayable or receivable within one year), including loans and other accounts receivable and payable, are initially measured at present value of the future cash flows and subsequently at amortised cost using the effective interest method. Debt instruments that are payable or receivable within one year, typically trade debtors and creditors, are measured, initially and subsequently, at the undiscounted amount of the cash or other consideration expected to be paid or received. However, if the arrangements of a short-term instrument constitute a financing transaction, like the payment of a trade debt deferred beyond normal business terms or in case of an out-right short-term loan that is not at market rate, the financial asset or liability is measured, initially at the present value of future cash flows discounted at a market rate of interest for a similar debt instrument and subsequently at amortised cost, unless it qualifies as a loan from a director in the case of a small company, or a public benefit entity concessionary loan.

Financial assets that are measured at cost and amortised cost are assessed at the end of each reporting period for objective evidence of impairment. If objective evidence of impairment is found, an impairment loss is recognised in the Statement of Income and Retained Earnings.

 
2.11

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.

Page 5

 
GILES TUKER LIMITED
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2024

3.


Employees

The average monthly number of employees, including directors, during the year was 2 (2023 - 2).


4.


Tangible fixed assets





Freehold property
Plant and machinery
Office equipment
Total

£
£
£
£



Cost or valuation


At 1 May 2023
707,027
14,224
3,200
724,451


Additions
30,975
-
-
30,975



At 30 April 2024

738,002
14,224
3,200
755,426



Depreciation


At 1 May 2023
158,703
14,224
1,920
174,847


Charge for the year on owned assets
4,963
-
640
5,603



At 30 April 2024

163,666
14,224
2,560
180,450



Net book value



At 30 April 2024
574,336
-
640
574,976



At 30 April 2023
548,324
-
1,280
549,604


5.


Fixed asset investments





Unlisted investments

£



Cost or valuation


At 1 May 2023
150,000



At 30 April 2024
150,000




Page 6

 
GILES TUKER LIMITED
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2024

6.


Debtors

2024
2023
£
£


Trade debtors
2,724
6,926

Other debtors
2,461
1,332

Prepayments and accrued income
7,749
6,875

12,934
15,133



7.


Cash and cash equivalents

2024
2023
£
£

Cash at bank and in hand
103,756
156,862



8.


Creditors: Amounts falling due within one year

2024
2023
£
£

Trade creditors
7,485
225

Corporation tax
7,430
13,686

Other taxation and social security
669
604

Other creditors
5,000
5,000

Accruals and deferred income
3,350
3,350

23,934
22,865



9.


Financial instruments

All debtors and creditors are basic financial instruments held at amortised cost.

 
Page 7