Caseware UK (AP4) 2023.0.135 2023.0.135 2024-11-302024-11-30Management services22023-12-01false2truefalsetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. 09886862 2023-12-01 2024-11-30 09886862 2022-12-01 2023-11-30 09886862 2024-11-30 09886862 2023-11-30 09886862 c:Director2 2023-12-01 2024-11-30 09886862 d:OfficeEquipment 2023-12-01 2024-11-30 09886862 d:OfficeEquipment 2024-11-30 09886862 d:OfficeEquipment 2023-11-30 09886862 d:CurrentFinancialInstruments 2024-11-30 09886862 d:CurrentFinancialInstruments 2023-11-30 09886862 d:CurrentFinancialInstruments d:WithinOneYear 2024-11-30 09886862 d:CurrentFinancialInstruments d:WithinOneYear 2023-11-30 09886862 d:ShareCapital 2024-11-30 09886862 d:ShareCapital 2023-11-30 09886862 d:RetainedEarningsAccumulatedLosses 2024-11-30 09886862 d:RetainedEarningsAccumulatedLosses 2023-11-30 09886862 c:FRS102 2023-12-01 2024-11-30 09886862 c:AuditExempt-NoAccountantsReport 2023-12-01 2024-11-30 09886862 c:FullAccounts 2023-12-01 2024-11-30 09886862 c:PrivateLimitedCompanyLtd 2023-12-01 2024-11-30 09886862 e:PoundSterling 2023-12-01 2024-11-30 iso4217:GBP xbrli:pure

Registered number: 09886862










MICAWBER CONSULTANCY LIMITED








UNAUDITED

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 NOVEMBER 2024

 
MICAWBER CONSULTANCY LIMITED
REGISTERED NUMBER: 09886862

BALANCE SHEET
AS AT 30 NOVEMBER 2024

2024
2023
Note
£
£

  

Tangible assets
 4 
-
-

Current assets
  

Debtors: amounts falling due within one year
 5 
14,316
8,326

Cash at bank and in hand
  
8,763
12,397

  
23,079
20,723

Creditors: amounts falling due within one year
 6 
(23,042)
(19,856)

Net current assets
  
 
 
37
 
 
867

  

Net assets
  
37
867


Capital and reserves
  

Called up share capital 
  
2
2

Profit and loss account
  
35
865

  
37
867


Page 1

 
MICAWBER CONSULTANCY LIMITED
REGISTERED NUMBER: 09886862
    
BALANCE SHEET (CONTINUED)
AS AT 30 NOVEMBER 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 27 January 2025.




L R Cannon
Director


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

Page 2

 
MICAWBER CONSULTANCY LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 NOVEMBER 2024

1.


General information

Micawber Consultancy Limited is a private Company limited by shares incorporated in England and Wales (registered number: 09886862). Its registered office is Shorts, 2 Ashgate Road, Chesterfield, Derbyshire, S40 4AA. The principal activity of the Company throughout the year continued to be that of management services.

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 Company's functional and presentation currency is pounds sterling.

The following principal accounting policies have been applied:

 
2.2

Revenue recognition

Turnover is recognised to the extent that it is probable that the economic benefits will flow to the Company and the turnover can be reliably measured. Turnover 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 turnover is recognised:

Rendering of services

Turnover 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 turnover 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.

Page 3

 
MICAWBER CONSULTANCY LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 NOVEMBER 2024

2.Accounting policies (continued)

 
2.3

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, as follows.

The depreciation rates used are:

Office 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 the Statement of Income and Retained Earnings.

 
2.4

Financial instruments

The Company only enters into basic financial instrument transactions that result in the recognition of financial assets and liabilities such as bank and cash balances, trade and other accounts receivable and payable, loans from banks and other third parties and loans to and from related parties.
Debt instruments (other than those wholly repayable or receivable within one year), including loans and other accounts receivable and payable, are initially measured at the transaction price and subsequently at amortised cost using the effective interest method. Debt instruments that are payable or receivable within one year, typically trade payables or receivables, are measured, initially and subsequently, at the undiscounted amount of the cash or other consideration expected to be paid or received. However, if the arrangements of a short-term instrument constitute a financing transaction, the financial asset or liability is measured, initially, at the present value of the future cash flow discounted at a market rate of interest for a similar debt instrument and subsequently at amortised cost.
Financial assets and liabilities are offset and the net amount reported in the Balance Sheet when there is an enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

 
2.5

Taxation

Tax is recognised in the Statement of Income and Retained Earnings.
The current 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 4

 
MICAWBER CONSULTANCY LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 NOVEMBER 2024

3.


Employees

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


4.


Tangible fixed assets





Office equipment

£



Cost or valuation


At 1 December 2023
718



At 30 November 2024

718



Depreciation


At 1 December 2023
718



At 30 November 2024

718



Net book value



At 30 November 2024
-



At 30 November 2023
-


5.


Debtors

2024
2023
£
£


Trade debtors
13,860
7,920

Other debtors
16
8

Prepayments
440
398

14,316
8,326


Page 5

 
MICAWBER CONSULTANCY LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 NOVEMBER 2024

6.


Creditors: Amounts falling due within one year

2024
2023
£
£

Corporation tax
10,510
5,722

Other taxation and social security
4,029
3,594

Other creditors
8,503
10,540

23,042
19,856


 
Page 6