Caseware UK (AP4) 2024.0.164 2024.0.164 2024-04-302024-04-302023-05-01falseNo description of principal activity22The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.falsetruefalse 06339408 2023-05-01 2024-04-30 06339408 2022-05-01 2023-04-30 06339408 2024-04-30 06339408 2023-04-30 06339408 c:Director1 2023-05-01 2024-04-30 06339408 c:Director2 2023-05-01 2024-04-30 06339408 c:RegisteredOffice 2023-05-01 2024-04-30 06339408 d:Buildings 2023-05-01 2024-04-30 06339408 d:Buildings 2024-04-30 06339408 d:Buildings 2023-04-30 06339408 d:Buildings d:OwnedOrFreeholdAssets 2023-05-01 2024-04-30 06339408 d:OfficeEquipment 2023-05-01 2024-04-30 06339408 d:OfficeEquipment 2024-04-30 06339408 d:OfficeEquipment 2023-04-30 06339408 d:OfficeEquipment d:OwnedOrFreeholdAssets 2023-05-01 2024-04-30 06339408 d:OwnedOrFreeholdAssets 2023-05-01 2024-04-30 06339408 d:CurrentFinancialInstruments 2024-04-30 06339408 d:CurrentFinancialInstruments 2023-04-30 06339408 d:CurrentFinancialInstruments d:WithinOneYear 2024-04-30 06339408 d:CurrentFinancialInstruments d:WithinOneYear 2023-04-30 06339408 d:ShareCapital 2024-04-30 06339408 d:ShareCapital 2023-04-30 06339408 d:RetainedEarningsAccumulatedLosses 2024-04-30 06339408 d:RetainedEarningsAccumulatedLosses 2023-04-30 06339408 c:FRS102 2023-05-01 2024-04-30 06339408 c:AuditExemptWithAccountantsReport 2023-05-01 2024-04-30 06339408 c:FullAccounts 2023-05-01 2024-04-30 06339408 c:PrivateLimitedCompanyLtd 2023-05-01 2024-04-30 06339408 2 2023-05-01 2024-04-30 06339408 e:PoundSterling 2023-05-01 2024-04-30 iso4217:GBP xbrli:pure

Registered number: 06339408










STRANGEWAYS (UK) LIMITED








UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 30 APRIL 2024

 
STRANGEWAYS (UK) LIMITED
 
 
COMPANY INFORMATION


Directors
D Hughes 
C Woods 




Registered number
06339408



Registered office
89 Spa Road

London

SE16 3SG




Trading Address
26 Castle Street

Hereford

Herefordshire

HR1 2NW






Accountants
Greenback Alan LLP
Chartered Accountants

89 Spa Road

London

SE16 3SG





 
STRANGEWAYS (UK) LIMITED
 
 
  
CHARTERED ACCOUNTANTS' REPORT TO THE BOARD OF DIRECTORS ON THE PREPARATION OF THE UNAUDITED STATUTORY FINANCIAL STATEMENTS OF STRANGEWAYS (UK) LIMITED
FOR THE YEAR ENDED 30 APRIL 2024

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Strangeways (UK) Limited for the year ended 30 April 2024 which comprise  the Balance sheet and the related notes from the Company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW)we are subject to its ethical and other professional requirements which are detailed at https://www.icaew.com /regulation.

This report is made solely to the Board of directors of Strangeways (UK) Limited, as a body, in accordance with the terms of our engagement letter dated 11 January 2019Our work has been undertaken solely to prepare for your approval the financial statements of Strangeways (UK) Limited and state those matters that we have agreed to state to the Board of directors of Strangeways (UK) Limited, as a body, in this report in accordance with ICAEW Technical Release TECH07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Strangeways (UK) Limited and its Board of directors, as a body, for our work or for this report. 

It is your duty to ensure that Strangeways (UK) Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Strangeways (UK) Limited. You consider that Strangeways (UK) Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or review of the financial statements of Strangeways (UK) Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.

  



Greenback Alan LLP
 
Chartered Accountants
  
89 Spa Road
London
SE16 3SG
29 January 2025
Page 1

 
STRANGEWAYS (UK) LIMITED
REGISTERED NUMBER: 06339408

BALANCE SHEET
AS AT 30 APRIL 2024

2024
2023
Note
£
£

Fixed assets
  

Tangible assets
 4 
647,439
10,017

  
647,439
10,017

Current assets
  

Debtors: amounts falling due within one year
 5 
257,815
114,450

Cash at bank and in hand
 6 
1,576,997
1,924,470

  
1,834,812
2,038,920

Creditors: amounts falling due within one year
 7 
(224,994)
(244,989)

Net current assets
  
 
 
1,609,818
 
 
1,793,931

Total assets less current liabilities
  
2,257,257
1,803,948

  

Net assets
  
2,257,257
1,803,948


Capital and reserves
  

Called up share capital 
  
10,000
10,000

Profit and loss account
  
2,247,257
1,793,948

  
2,257,257
1,803,948


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 comprehensive income 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 29 January 2025.




C Woods
Director
Page 2

 
STRANGEWAYS (UK) LIMITED
REGISTERED NUMBER: 06339408
    
BALANCE SHEET (CONTINUED)
AS AT 30 APRIL 2024


The notes on pages 4 to 7 form part of these financial statements.

Page 3

 
STRANGEWAYS (UK) LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2024

1.


General information

Strangeways (UK) Limited is a private limited company incorporated in the United Kingdom and registered in England and Wales. The address of the registered office is 89 Spa Road, London, SE16 3SG and the place of business is 26 Castle Street, Hereford, Herefordshire, HR1 2NW.

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 recognition

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

Pensions

Defined contribution pension plan

The Company operates a defined contribution plan for its employees. A defined contribution plan is a pension plan under which the Company pays fixed contributions into a separate entity. Once the contributions have been paid the Company has no further payment obligations.

The contributions are recognised as an expense in profit or loss when they fall due. Amounts not paid are shown in accruals as a liability in the Balance sheet. The assets of the plan are held separately from the Company in independently administered funds.

Page 4

 
STRANGEWAYS (UK) LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2024

2.Accounting policies (continued)

 
2.5

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.


 
2.6

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
-
2%
Office equipment
-
20%

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.

 
2.7

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.

 
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.

Page 5

 
STRANGEWAYS (UK) LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2024

2.Accounting policies (continued)

 
2.10

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 year was 2 (2023 - 2).


4.


Tangible fixed assets





Freehold property
Office equipment
Total

£
£
£



Cost or valuation


At 1 May 2023
-
15,172
15,172


Additions
639,244
1,516
640,760



At 30 April 2024

639,244
16,688
655,932



Depreciation


At 1 May 2023
-
5,155
5,155


Charge for the year on owned assets
-
3,338
3,338



At 30 April 2024

-
8,493
8,493



Net book value



At 30 April 2024
639,244
8,195
647,439



At 30 April 2023
-
10,017
10,017

Page 6

 
STRANGEWAYS (UK) LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2024

5.


Debtors

2024
2023
£
£


Trade debtors
189,874
65,320

Other debtors
58,430
48,655

Prepayments and accrued income
9,511
475

257,815
114,450



6.


Cash and cash equivalents

2024
2023
£
£

Cash at bank and in hand
1,576,997
1,924,470

1,576,997
1,924,470



7.


Creditors: Amounts falling due within one year

2024
2023
£
£

Trade creditors
1,020
-

Corporation tax
180,807
238,222

Other taxation and social security
36,250
6,603

Other creditors
6,917
164

224,994
244,989



8.


Related party transactions

Included in other creditors is £233 (2023 - £108) due to C Woods, a director, and £6,683 (2023 - £55) due to D Hughes, a director.


9.


Controlling party

The company is controlled by the directors, by virtue of them owning 100% of the issued share capital.

 
Page 7