Caseware UK (AP4) 2023.0.135 2023.0.135 2024-04-302024-04-302023-05-01false22truetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.false 06591352 2023-05-01 2024-04-30 06591352 2024-04-30 06591352 2022-05-01 2023-04-30 06591352 2023-04-30 06591352 c:Director1 2023-05-01 2024-04-30 06591352 d:ComputerEquipment 2023-05-01 2024-04-30 06591352 d:ComputerEquipment 2024-04-30 06591352 d:ComputerEquipment 2023-04-30 06591352 d:ComputerEquipment d:OwnedOrFreeholdAssets 2023-05-01 2024-04-30 06591352 d:CurrentFinancialInstruments 2024-04-30 06591352 d:CurrentFinancialInstruments 2023-04-30 06591352 d:CurrentFinancialInstruments d:WithinOneYear 2024-04-30 06591352 d:CurrentFinancialInstruments d:WithinOneYear 2023-04-30 06591352 d:ShareCapital 2024-04-30 06591352 d:ShareCapital 2023-04-30 06591352 d:RetainedEarningsAccumulatedLosses 2024-04-30 06591352 d:RetainedEarningsAccumulatedLosses 2023-04-30 06591352 c:FRS102 2023-05-01 2024-04-30 06591352 c:AuditExempt-NoAccountantsReport 2023-05-01 2024-04-30 06591352 c:FullAccounts 2023-05-01 2024-04-30 06591352 c:PrivateLimitedCompanyLtd 2023-05-01 2024-04-30 06591352 2 2023-05-01 2024-04-30 06591352 6 2023-05-01 2024-04-30 06591352 e:PoundSterling 2023-05-01 2024-04-30 iso4217:GBP xbrli:pure
Registered number: 06591352


CALEM CONSULTANTS LTD








UNAUDITED

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 APRIL 2024

 
CALEM CONSULTANTS LTD
REGISTERED NUMBER: 06591352

BALANCE SHEET
AS AT 30 APRIL 2024

2024
2023
Note
£
£

Fixed assets
  

Tangible assets
 4 
2,504
833

Investments
 5 
50,025
50,025

  
52,529
50,858

Current assets
  

Debtors: amounts falling due within one year
 6 
9,850
9,801

Cash at bank and in hand
 7 
305,134
307,852

  
314,984
317,653

Creditors: amounts falling due within one year
 8 
(1,285)
(3,213)

Net current assets
  
 
 
313,699
 
 
314,440

Total assets less current liabilities
  
366,228
365,298

  

Net assets
  
366,228
365,298


Capital and reserves
  

Called up share capital 
  
1
1

Profit and loss account
  
366,227
365,297

  
366,228
365,298


Page 1

 
CALEM CONSULTANTS LTD
REGISTERED NUMBER: 06591352
    
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: 




................................................
E Di Nello
Director

Date: 23 January 2025

The notes on pages 3 to 6 form part of these financial statements.

Page 2

 
CALEM CONSULTANTS LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2024

1.


General information

Calem Consultants Ltd is a private company limited by share capital, registered in England and Wales.
The comany's registered number is 06591352.
The company's registered office is 1 Vincent Square, London, SW1P 2PN.

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

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

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

 
CALEM CONSULTANTS LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 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, using the straight-line method.

Depreciation is provided on the following basis:

Computer equipment
-
33%
Straight line

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

Valuation of investments

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.

 
2.6

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.

 
2.7

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.

 
2.8

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.


3.


Employees

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

Page 4

 
CALEM CONSULTANTS LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2024

4.


Tangible fixed assets





Computer equipment

£



Cost or valuation


At 1 May 2023
3,935


Additions
3,006


Disposals
(1,099)



At 30 April 2024

5,842



Depreciation


At 1 May 2023
3,102


Charge for the year on owned assets
1,335


Disposals
(1,099)



At 30 April 2024

3,338



Net book value



At 30 April 2024
2,504



At 30 April 2023
833


5.


Fixed asset investments





Listed investments

£



Cost or valuation


At 1 May 2023
50,025



At 30 April 2024
50,025




Page 5

 
CALEM CONSULTANTS LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2024

6.


Debtors

2024
2023
£
£


Other debtors
9,850
9,801

9,850
9,801


Included within other debtors due within one year is a loan to a director amounting to £9,850 (2023 - £9,800). No interest payments are due to be paid on the outstanding amount and it is repayable on demand.




7.


Cash and cash equivalents

2024
2023
£
£

Cash at bank and in hand
305,134
307,852

305,134
307,852



8.


Creditors: Amounts falling due within one year

2024
2023
£
£

Other creditors
1,285
3,213

1,285
3,213


 
Page 6