Caseware UK (AP4) 2023.0.135 2023.0.135 2024-01-312024-01-312023-02-01falseNo description of principal activity11truetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.false 8856431 2023-02-01 2024-01-31 8856431 2022-02-01 2023-01-31 8856431 2024-01-31 8856431 2023-01-31 8856431 c:Director2 2023-02-01 2024-01-31 8856431 d:OfficeEquipment 2023-02-01 2024-01-31 8856431 d:OfficeEquipment 2024-01-31 8856431 d:OfficeEquipment 2023-01-31 8856431 d:OfficeEquipment d:OwnedOrFreeholdAssets 2023-02-01 2024-01-31 8856431 d:CurrentFinancialInstruments 2024-01-31 8856431 d:CurrentFinancialInstruments 2023-01-31 8856431 d:CurrentFinancialInstruments d:WithinOneYear 2024-01-31 8856431 d:CurrentFinancialInstruments d:WithinOneYear 2023-01-31 8856431 d:ShareCapital 2024-01-31 8856431 d:ShareCapital 2023-01-31 8856431 d:RetainedEarningsAccumulatedLosses 2024-01-31 8856431 d:RetainedEarningsAccumulatedLosses 2023-01-31 8856431 c:FRS102 2023-02-01 2024-01-31 8856431 c:AuditExempt-NoAccountantsReport 2023-02-01 2024-01-31 8856431 c:FullAccounts 2023-02-01 2024-01-31 8856431 c:PrivateLimitedCompanyLtd 2023-02-01 2024-01-31 8856431 e:PoundSterling 2023-02-01 2024-01-31 iso4217:GBP xbrli:pure

Registered number: 8856431









23 MANAGEMENT LIMITED







UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 31 JANUARY 2024

 
23 MANAGEMENT LIMITED
REGISTERED NUMBER: 8856431

BALANCE SHEET
AS AT 31 JANUARY 2024

2024
2023
Note
£
£

Fixed assets
  

Tangible assets
 4 
3,857
2,944

  
3,857
2,944

Current assets
  

Debtors: amounts falling due within one year
 5 
-
76,329

Cash at bank and in hand
 6 
109,008
1,034

  
109,008
77,363

Creditors: amounts falling due within one year
 7 
(73,507)
(80,229)

Net current assets/(liabilities)
  
 
 
35,501
 
 
(2,866)

Total assets less current liabilities
  
39,358
78

  

Net assets
  
39,358
78


Capital and reserves
  

Called up share capital 
  
1
1

Profit and loss account
  
39,357
77

  
39,358
78


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 profit and loss account 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 30 January 2025.

Eniola Yussuf
Director
Page 1

 
23 MANAGEMENT LIMITED
REGISTERED NUMBER: 8856431
    
BALANCE SHEET (CONTINUED)
AS AT 31 JANUARY 2024


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

Page 2

 
23 MANAGEMENT LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2024

1.


General information

The company is limited by shares and incorporated in England. The address of the registerd office is
given in the company information page of these financial statements. The company's principal activity is
that of project management.

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.

 
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

 
23 MANAGEMENT LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 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:

Office equipment
-
25% on 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.

 
2.8

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 4

 
23 MANAGEMENT LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2024

3.


Employees

2024
2023
£
£

Wages and salaries
13,425
12,600

Social security costs
597
514

14,022
13,114


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


4.


Tangible fixed assets





Office equipment

£



Cost or valuation


At 1 February 2023
6,323


Additions
2,199



At 31 January 2024

8,522



Depreciation


At 1 February 2023
3,379


Charge for the year on owned assets
1,286



At 31 January 2024

4,665



Net book value



At 31 January 2024
3,857



At 31 January 2023
2,944


5.


Debtors

2024
2023
£
£


Other debtors
-
76,329

-
76,329

Page 5

 
23 MANAGEMENT LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2024

5.Debtors (continued)



6.


Cash and cash equivalents

2024
2023
£
£

Cash at bank and in hand
109,008
1,034

109,008
1,034



7.


Creditors: Amounts falling due within one year

2024
2023
£
£

Corporation tax
42,758
47,632

Other taxation and social security
29,095
30,957

Other creditors
153
-

Accruals and deferred income
1,501
1,640

73,507
80,229


 
Page 6