Caseware UK (AP4) 2023.0.135 2023.0.135 2024-04-302024-04-302023-05-01falseNo description of principal activity32falsetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.false 10733684 2023-05-01 2024-04-30 10733684 2022-05-01 2023-04-30 10733684 2024-04-30 10733684 2023-04-30 10733684 c:Director1 2023-05-01 2024-04-30 10733684 d:OfficeEquipment 2023-05-01 2024-04-30 10733684 d:OfficeEquipment 2024-04-30 10733684 d:OfficeEquipment 2023-04-30 10733684 d:OfficeEquipment d:OwnedOrFreeholdAssets 2023-05-01 2024-04-30 10733684 d:ComputerEquipment 2023-05-01 2024-04-30 10733684 d:ComputerEquipment 2024-04-30 10733684 d:ComputerEquipment 2023-04-30 10733684 d:ComputerEquipment d:OwnedOrFreeholdAssets 2023-05-01 2024-04-30 10733684 d:OwnedOrFreeholdAssets 2023-05-01 2024-04-30 10733684 d:CurrentFinancialInstruments 2024-04-30 10733684 d:CurrentFinancialInstruments 2023-04-30 10733684 d:CurrentFinancialInstruments d:WithinOneYear 2024-04-30 10733684 d:CurrentFinancialInstruments d:WithinOneYear 2023-04-30 10733684 d:ShareCapital 2024-04-30 10733684 d:ShareCapital 2023-04-30 10733684 d:RetainedEarningsAccumulatedLosses 2024-04-30 10733684 d:RetainedEarningsAccumulatedLosses 2023-04-30 10733684 c:FRS102 2023-05-01 2024-04-30 10733684 c:AuditExempt-NoAccountantsReport 2023-05-01 2024-04-30 10733684 c:FullAccounts 2023-05-01 2024-04-30 10733684 c:PrivateLimitedCompanyLtd 2023-05-01 2024-04-30 10733684 6 2023-05-01 2024-04-30 10733684 e:PoundSterling 2023-05-01 2024-04-30 iso4217:GBP xbrli:pure

Registered number: 10733684









GOOD WORK RE LIMITED







UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 30 APRIL 2024

 
GOOD WORK RE LIMITED
REGISTERED NUMBER: 10733684

STATEMENT OF FINANCIAL POSITION
AS AT 30 APRIL 2024

2024
2023
Note
£
£

Fixed assets
  

Tangible assets
 5 
6,368
2,958

Fixed asset investments
 6 
11,263
6,553

  
17,631
9,511

Current assets
  

Debtors: amounts falling due within one year
 7 
105,272
68,663

Cash at bank and in hand
  
30,416
6,501

  
135,688
75,164

Creditors: amounts falling due within one year
 8 
(135,969)
(76,112)

Net current liabilities
  
 
 
(281)
 
 
(948)

Total assets less current liabilities
  
17,350
8,563

  

Net assets
  
17,350
8,563


Capital and reserves
  

Called up share capital 
  
100
100

Profit and loss account
  
17,250
8,463

  
17,350
8,563


Page 1

 
GOOD WORK RE LIMITED
REGISTERED NUMBER: 10733684
    
STATEMENT OF FINANCIAL POSITION (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 on 30 January 2025.




B Greenwold
Director

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

Page 2

 
GOOD WORK RE LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2024

1.


General information

Good Work RE Limited is a private company limited by shares and registered in England and Wales.The address of its registered office is 124 Finchley Road, London, NW3 5JS.

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.

 
2.2

Functional and presentation currency

The Company's functional and presentational currency is GBP.

 
2.3

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.
Revenue recognised by the company is in respect of real estate and associated financial asset management services. The company provides advice on a wide variety of investment acquisitions, disposals & general maintenance issues related to managed real estate. Invoices are raised in arrears of services provided. An assessment is undertaken at the reporting date in respect of work performed that has not been invoiced and an amount is accrued accordingly.

 
2.4

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 reporting date in the countries where the Company operates and generates income.

 
2.5

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

 
GOOD WORK RE LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2024

2.Accounting policies (continued)


2.5
Tangible fixed assets (continued)

Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives.

Depreciation is provided on the following basis:

Office equipment
-
20% straight line
Computer equipment
-
25% straight line

 
2.6

Valuation of investments

Investments in unlisted Company shares, whose market value can be reliably determined, are remeasured to market value at each reporting 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.

The other fixed asset investments included in the accounts relates to artwork which have been initially recognised at cost and will be reviewed for impairment at the end of each reporting date.

 
2.7

Associates and joint ventures

Associates and Joint Ventures are held at cost less impairment.

 
2.8

Dividends

Equity dividends are recognised when they become legally payable. Interim equity dividends are recognised when paid.


3.


Judgments in applying accounting policies and key sources of estimation uncertainty

The preparation of the financial statements requires management to make judgements, estimates and assumptions that affect the amounts reported for assets and liabilities as at the reporting date and the amounts reported for revenues and expenses during the year. However, the nature of estimation means that actual outcomes could differ from those estimates.
Accruals
The company makes an estimate of accruals at the year end based on invoices received after the year end and work undertaken which has not been invoiced based on quotations or estimates of amounts that may be due for payment.
Tangible assets
Tangible assets are depreciated over their useful lives taking into account residual values where appropriate. The actual lives of the assets and residual values are assessed annually and may vary depending upon a number of factors. In re-assessing the assets' lives, factors such as technological innovation, product life cycles and maintenance programmes are taken into account.


4.


Employees

The average monthly number of employees, including directors, during the year was 3 (2023 - 2).

Page 4

 
GOOD WORK RE LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2024

5.


Tangible fixed assets





Office equipment
Computer equipment
Total

£
£
£



Cost or valuation


At 1 May 2023
6,520
2,991
9,511


Additions
1,432
4,232
5,664


Disposals
-
(614)
(614)



At 30 April 2024

7,952
6,609
14,561



Depreciation


At 1 May 2023
3,807
2,746
6,553


Charge for the year on owned assets
1,415
776
2,191


Disposals
-
(551)
(551)



At 30 April 2024

5,222
2,971
8,193



Net book value



At 30 April 2024
2,730
3,638
6,368



At 30 April 2023
2,713
245
2,958


6.


Fixed asset investments





Investments in associates
Unlisted investments
Other fixed asset investments
Total

£
£
£
£



Cost or valuation


At 1 May 2023
50
50
6,453
6,553


Additions
-
-
4,760
4,760


Disposals
-
(50)
-
(50)



At 30 April 2024
50
-
11,213
11,263




Page 5

 
GOOD WORK RE LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2024

7.


Debtors

2024
2023
£
£


Trade debtors
60,094
-

Other debtors
10,951
5,783

Prepayments and accrued income
34,227
62,880

105,272
68,663



8.


Creditors: Amounts falling due within one year

2024
2023
£
£

Trade creditors
381
3,855

Corporation tax
64,034
41,638

Other taxation and social security
15,116
10,749

Other creditors
8,565
7,370

Accruals and deferred income
47,873
12,500

135,969
76,112



9.


Related party transactions

At the reporting date, the company was owed £10,951 (2023: company owed £7,370) by the directors. Interest has been charged on overdrawn amounts at the standard rate of interest which amounted to  £35 (2023: £171). The balance is repayable on demand.
There are no further transactions with related parties that are material and have not been conducted under normal market conditions.

 
Page 6