Caseware UK (AP4) 2023.0.135 2023.0.135 2024-08-312024-08-31trueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.0Consultingfalse2023-08-03false2 15047810 2023-08-02 15047810 2023-08-03 2024-08-31 15047810 2022-08-03 2023-08-02 15047810 2024-08-31 15047810 c:Director1 2023-08-03 2024-08-31 15047810 d:FurnitureFittings 2023-08-03 2024-08-31 15047810 d:FurnitureFittings 2024-08-31 15047810 d:FurnitureFittings d:OwnedOrFreeholdAssets 2023-08-03 2024-08-31 15047810 d:CurrentFinancialInstruments 2024-08-31 15047810 d:CurrentFinancialInstruments d:WithinOneYear 2024-08-31 15047810 d:ShareCapital 2024-08-31 15047810 d:FinancialAssetsDesignatedFairValueThroughProfitOrLoss 2024-08-31 15047810 c:OrdinaryShareClass1 2023-08-03 2024-08-31 15047810 c:OrdinaryShareClass1 2024-08-31 15047810 c:OrdinaryShareClass2 2023-08-03 2024-08-31 15047810 c:OrdinaryShareClass2 2024-08-31 15047810 c:FRS102 2023-08-03 2024-08-31 15047810 c:AuditExempt-NoAccountantsReport 2023-08-03 2024-08-31 15047810 c:FullAccounts 2023-08-03 2024-08-31 15047810 c:PrivateLimitedCompanyLtd 2023-08-03 2024-08-31 15047810 e:PoundSterling 2023-08-03 2024-08-31 xbrli:shares iso4217:GBP xbrli:pure

Registered number: 15047810









HOWARD-VYSE CONSULTING LIMITED







UNAUDITED

FINANCIAL STATEMENTS

FOR THE PERIOD ENDED 31 AUGUST 2024

 
HOWARD-VYSE CONSULTING LIMITED
REGISTERED NUMBER: 15047810

BALANCE SHEET
AS AT 31 AUGUST 2024

2024
Note
£

Fixed assets
  

Tangible assets
 4 
798

  
798

Current assets
  

Debtors: amounts falling due within one year
 5 
6,133

Cash at bank and in hand
 6 
12,559

  
18,692

Creditors: amounts falling due within one year
 7 
(19,390)

Net current (liabilities)/assets
  
 
 
(698)

Total assets less current liabilities
  
100

  

Net assets
  
100


Capital and reserves
  

Called up share capital 
 9 
100

  
100


Page 1

 
HOWARD-VYSE CONSULTING LIMITED
REGISTERED NUMBER: 15047810
    
BALANCE SHEET (CONTINUED)
AS AT 31 AUGUST 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 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 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 on 23 January 2025.




................................................
Henry Howard-Vyse
Director

The notes on pages 3 to 8 form part of these financial statements.

Page 2

 
HOWARD-VYSE CONSULTING LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 AUGUST 2024

1.


General information

Howard-Vyse Consulting Limited is a private company limited by its share capital, incorporated in England and Wales.  The Company was incorporated on 3 August 2023 and began trading on that date.  The principal activity during the period was the provision of consultancy services.

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

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.

 
2.4

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 3

 
HOWARD-VYSE CONSULTING LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 AUGUST 2024

2.Accounting policies (continued)


2.4
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:

Fixtures and fittings
-
20%
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.

 
2.5

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.

 
2.6

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.

 
2.7

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.

Page 4

 
HOWARD-VYSE CONSULTING LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 AUGUST 2024

2.Accounting policies (continued)

 
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.

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 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.

 
2.9

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 2.

Page 5

 
HOWARD-VYSE CONSULTING LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 AUGUST 2024

4.


Tangible fixed assets





Fixtures and fittings

£



Cost or valuation


Additions
998



At 31 August 2024

998



Depreciation


Charge for the period on owned assets
200



At 31 August 2024

200



Net book value



At 31 August 2024
798

Page 6

 
HOWARD-VYSE CONSULTING LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 AUGUST 2024

5.


Debtors

2024
£


Trade debtors
5,417

Prepayments and accrued income
716

6,133



6.


Cash and cash equivalents

2024
£

Cash at bank and in hand
12,559

12,559



7.


Creditors: Amounts falling due within one year

2024
£

Corporation tax
5,603

Other creditors
13,787

19,390



8.


Financial instruments

2024
£

Financial assets


Financial assets measured at fair value through profit or loss
12,559




Financial assets measured at fair value through profit or loss comprise cash at bank and in hand.

Page 7

 
HOWARD-VYSE CONSULTING LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 AUGUST 2024

9.


Share capital

2024
£
Allotted, called up and fully paid


50 Ordinary shares of £1.00 each
50
50 Ordinary A shares of £1.00 each
50

100


Upon incorporation 50 ordinary and 50 ordinary A shares were issued at par.


10.


Controlling party

The Company is controlled by the directors, Henry and Tessa Howard-Vyse, by virtue of their shareholding, as described in the Directors' report.

 
Page 8