Caseware UK (AP4) 2023.0.135 2023.0.135 2024-04-302024-04-302023-05-01false11truetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.false 14072457 2023-05-01 2024-04-30 14072457 2024-04-30 14072457 2022-04-27 2023-04-30 14072457 2023-04-30 14072457 c:Director1 2023-05-01 2024-04-30 14072457 d:ComputerEquipment 2023-05-01 2024-04-30 14072457 d:ComputerEquipment 2024-04-30 14072457 d:ComputerEquipment 2023-04-30 14072457 d:ComputerEquipment d:OwnedOrFreeholdAssets 2023-05-01 2024-04-30 14072457 d:CurrentFinancialInstruments 2024-04-30 14072457 d:CurrentFinancialInstruments 2023-04-30 14072457 d:CurrentFinancialInstruments d:WithinOneYear 2024-04-30 14072457 d:CurrentFinancialInstruments d:WithinOneYear 2023-04-30 14072457 d:ShareCapital 2024-04-30 14072457 d:ShareCapital 2023-04-30 14072457 d:RetainedEarningsAccumulatedLosses 2024-04-30 14072457 d:RetainedEarningsAccumulatedLosses 2023-04-30 14072457 c:OrdinaryShareClass1 2023-05-01 2024-04-30 14072457 c:OrdinaryShareClass1 2024-04-30 14072457 c:OrdinaryShareClass1 2023-04-30 14072457 c:FRS102 2023-05-01 2024-04-30 14072457 c:AuditExempt-NoAccountantsReport 2023-05-01 2024-04-30 14072457 c:FullAccounts 2023-05-01 2024-04-30 14072457 c:PrivateLimitedCompanyLtd 2023-05-01 2024-04-30 14072457 e:PoundSterling 2023-05-01 2024-04-30 xbrli:shares iso4217:GBP xbrli:pure
Registered number: 14072457


PEACETREE CONSULTING LTD








UNAUDITED

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 APRIL 2024

 
PEACETREE CONSULTING LTD
REGISTERED NUMBER: 14072457

BALANCE SHEET
AS AT 30 APRIL 2024

2024
2023
Note
£
£

Fixed assets
  

Tangible assets
 4 
1,451
1,952

  
1,451
1,952

Current assets
  

Debtors: amounts falling due within one year
 5 
2,262
7,000

Cash at bank and in hand
 6 
65,222
24,962

  
67,484
31,962

Creditors: amounts falling due within one year
 7 
(17,785)
(14,229)

Net current assets
  
 
 
49,699
 
 
17,733

Total assets less current liabilities
  
51,150
19,685

  

Net assets
  
51,150
19,685


Capital and reserves
  

Called up share capital 
 8 
100
100

Profit and loss account
  
51,050
19,585

  
51,150
19,685


Page 1

 
PEACETREE CONSULTING LTD
REGISTERED NUMBER: 14072457
    
BALANCE SHEET (CONTINUED)
AS AT 30 APRIL 2024

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 year in question in accordance with section 476 of the Companies Act 2006.

The director acknowledges her 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: 




................................................
S Prosser
Director

Date: 28 January 2025

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

Page 2

 
PEACETREE CONSULTING LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2024

1.


General information

Peacetree Consulting Ltd is a private company limited by share capital, registered in England and Wales.
The company's registration number is 14072457
The company's  registered office address 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

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

 
PEACETREE CONSULTING LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2024

2.Accounting policies (continued)

 
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.

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

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.


3.


Employees

The average monthly number of employees, including directors, during the year was 1 (2023 - 1).

Page 4

 
PEACETREE CONSULTING 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
2,928


Additions
535



At 30 April 2024

3,463



Depreciation


At 1 May 2023
976


Charge for the year on owned assets
1,036



At 30 April 2024

2,012



Net book value



At 30 April 2024
1,451


5.


Debtors

2024
2023
£
£


Trade debtors
-
5,000

Prepayments and accrued income
2,262
2,000

2,262
7,000



6.


Cash and cash equivalents

2024
2023
£
£

Cash at bank and in hand
65,222
24,962

65,222
24,962


Page 5

 
PEACETREE CONSULTING LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2024

7.


Creditors: Amounts falling due within one year

2024
2023
£
£

Corporation tax
7,498
3,944

Other creditors
10,287
10,285

17,785
14,229



8.


Share capital

2024
2023
£
£
Allotted, called up and fully paid



100 (2023 - 100) Ordinary shares of £1.00 each
100
100


 
Page 6