Caseware UK (AP4) 2023.0.135 2023.0.135 2024-09-302024-09-302023-10-01The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.1falsefalsefalseConsultancy & Support Activities1true 12210721 2023-10-01 2024-09-30 12210721 2022-10-01 2023-09-30 12210721 2024-09-30 12210721 2023-09-30 12210721 c:Director1 2023-10-01 2024-09-30 12210721 d:MotorVehicles 2023-10-01 2024-09-30 12210721 d:MotorVehicles 2024-09-30 12210721 d:MotorVehicles 2023-09-30 12210721 d:MotorVehicles d:OwnedOrFreeholdAssets 2023-10-01 2024-09-30 12210721 d:OfficeEquipment 2023-10-01 2024-09-30 12210721 d:OfficeEquipment 2024-09-30 12210721 d:OfficeEquipment 2023-09-30 12210721 d:OfficeEquipment d:OwnedOrFreeholdAssets 2023-10-01 2024-09-30 12210721 d:ComputerEquipment 2023-10-01 2024-09-30 12210721 d:ComputerEquipment 2024-09-30 12210721 d:ComputerEquipment 2023-09-30 12210721 d:ComputerEquipment d:OwnedOrFreeholdAssets 2023-10-01 2024-09-30 12210721 d:OwnedOrFreeholdAssets 2023-10-01 2024-09-30 12210721 d:CurrentFinancialInstruments 2024-09-30 12210721 d:CurrentFinancialInstruments 2023-09-30 12210721 d:Non-currentFinancialInstruments 2024-09-30 12210721 d:Non-currentFinancialInstruments 2023-09-30 12210721 d:CurrentFinancialInstruments d:WithinOneYear 2024-09-30 12210721 d:CurrentFinancialInstruments d:WithinOneYear 2023-09-30 12210721 d:Non-currentFinancialInstruments d:AfterOneYear 2024-09-30 12210721 d:Non-currentFinancialInstruments d:AfterOneYear 2023-09-30 12210721 d:ShareCapital 2024-09-30 12210721 d:ShareCapital 2023-09-30 12210721 d:RevaluationReserve 2024-09-30 12210721 d:RevaluationReserve 2023-09-30 12210721 d:RetainedEarningsAccumulatedLosses 2024-09-30 12210721 d:RetainedEarningsAccumulatedLosses 2023-09-30 12210721 c:FRS102 2023-10-01 2024-09-30 12210721 c:AuditExempt-NoAccountantsReport 2023-10-01 2024-09-30 12210721 c:FullAccounts 2023-10-01 2024-09-30 12210721 c:PrivateLimitedCompanyLtd 2023-10-01 2024-09-30 12210721 d:HirePurchaseContracts d:WithinOneYear 2024-09-30 12210721 d:HirePurchaseContracts d:WithinOneYear 2023-09-30 12210721 d:HirePurchaseContracts d:BetweenOneFiveYears 2024-09-30 12210721 d:HirePurchaseContracts d:BetweenOneFiveYears 2023-09-30 12210721 2 2023-10-01 2024-09-30 12210721 e:PoundSterling 2023-10-01 2024-09-30 iso4217:GBP xbrli:pure

Registered number: 12210721









MAILLOT JAUNE CONSULTING LTD







UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 30 SEPTEMBER 2024

 
MAILLOT JAUNE CONSULTING LTD
REGISTERED NUMBER: 12210721

BALANCE SHEET
AS AT 30 SEPTEMBER 2024

2024
2023
Note
£
£

Fixed assets
  

Tangible assets
 4 
109,516
5,083

  
109,516
5,083

Current assets
  

Debtors: amounts falling due within one year
 5 
475,865
304,546

Current asset investments
  
318,671
25,046

Cash at bank and in hand
 7 
12,797
86,963

  
807,333
416,555

Creditors: amounts falling due within one year
 8 
(340,804)
(127,022)

Net current assets
  
 
 
466,529
 
 
289,533

Total assets less current liabilities
  
576,045
294,616

Creditors: amounts falling due after more than one year
  
(81,648)
-

Provisions for liabilities
  

Deferred tax
  
(41,879)
(416)

  
 
 
(41,879)
 
 
(416)

Net assets
  
452,518
294,200


Capital and reserves
  

Called up share capital 
  
1,000
1,000

Revaluation reserve
  
43,499
7,060

Profit and loss account
  
408,019
286,140

  
452,518
294,200


Page 1

 
MAILLOT JAUNE CONSULTING LTD
REGISTERED NUMBER: 12210721
    
BALANCE SHEET (CONTINUED)
AS AT 30 SEPTEMBER 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 his 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 by: 




T W Parnell
Director

Date: 31 January 2025

The notes on pages 3 to 9 form part of these financial statements.

Page 2

 
MAILLOT JAUNE CONSULTING LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2024

1.


General information

Maillot Jaune Consulting Ltd is a company limited by shares and incorporated in England & Wales under the Companies Act 2006. The address of the registered office is given on the Company information page. The nature of the Company's operations and its principal activities are set out in the Directors’ report.

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

Foreign currency translation

Functional and presentation currency

The Company's functional and presentational currency is GBP.

Transactions and balances

Foreign currency transactions are translated into the functional currency using the spot exchange rates at the dates of the transactions.

At each period end foreign currency monetary items are translated using the closing rate. Non-monetary items measured at historical cost are translated using the exchange rate at the date of the transaction and non-monetary items measured at fair value are measured using the exchange rate when fair value was determined.

Foreign exchange gains and losses resulting from the settlement of transactions and from the translation at period-end exchange rates of monetary assets and liabilities denominated in foreign currencies are recognised in profit or loss except when deferred in other comprehensive income as qualifying cash flow hedges.

Foreign exchange gains and losses that relate to borrowings and cash and cash equivalents are presented in the Profit and loss account within 'finance income or costs'. All other foreign exchange gains and losses are presented in profit or loss within 'other operating income'.

Page 3

 
MAILLOT JAUNE CONSULTING LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2024

2.Accounting policies (continued)

 
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. 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.

 
2.4

Operating leases: the Company as lessee

Rentals paid under operating leases are charged to profit or loss on a straight-line basis over the lease term.

Benefits received and receivable as an incentive to sign an operating lease are recognised on a straight-line basis over the lease term, unless another systematic basis is representative of the time pattern of the lessee's benefit from the use of the leased asset.

 
2.5

Interest income

Interest income is recognised in profit or loss using the effective interest method.

 
2.6

Finance costs

Finance costs are charged to profit or loss over the term of the debt using the effective interest method so that the amount charged is at a constant rate on the carrying amount. Issue costs are initially recognised as a reduction in the proceeds of the associated capital instrument.

 
2.7

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

 
MAILLOT JAUNE CONSULTING LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2024

2.Accounting policies (continued)

 
2.8

Current and deferred taxation

The tax expense for the year comprises current and deferred tax. 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.

Deferred tax balances are recognised in respect of all timing differences that have originated but not reversed by the balance sheet date, except that:
The recognition of deferred tax assets is limited to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits; and
Any deferred tax balances are reversed if and when all conditions for retaining associated tax allowances have been met.

Deferred tax balances are not recognised in respect of permanent differences except in respect of business combinations, when deferred tax is recognised on the differences between the fair values of assets acquired and the future tax deductions available for them and the differences between the fair values of liabilities acquired and the amount that will be assessed for tax. Deferred tax is determined using tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

 
2.9

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:

Motor vehicles
-
25%
Reducing Balance
Office equipment
-
25%
Straight-Line
Computer equipment
-
25%
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.

Page 5

 
MAILLOT JAUNE CONSULTING LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2024

2.Accounting policies (continued)

 
2.10

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.

 
2.11

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.

 
2.12

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.

 
2.13

Provisions for liabilities

Provisions are recognised when an event has taken place that gives rise to a legal or constructive obligation, a transfer of economic benefits is probable and a reliable estimate can be made.
Provisions are measured as the best estimate of the amount required to settle the obligation, taking into account the related risks and uncertainties.
 
Increases in provisions are generally charged as an expense to profit or loss.

 
2.14

Financial instruments

The Company has elected to apply the provisions of Section 11 “Basic Financial Instruments” of FRS 102 to all of its financial instruments.

Basic financial assets

Basic financial assets, which include trade and other receivables, cash and bank balances, are initially measured at their transaction price including transaction costs and are subsequently carried at their amortised cost using the effective interest method, less any provision for impairment, unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest.

Discounting is omitted where the effect of discounting is immaterial. The Company's cash and cash equivalents, trade and most other receivables due with the operating cycle fall into this category of financial instruments.

 
2.15

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 6

 
MAILLOT JAUNE CONSULTING LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2024

3.


Employees

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


4.


Tangible fixed assets





Motor vehicles
Office equipment
Computer equipment
Total

£
£
£
£



Cost or valuation


At 1 October 2023
-
-
13,565
13,565


Additions
97,188
14,702
2,699
114,589



At 30 September 2024

97,188
14,702
16,264
128,154



Depreciation


At 1 October 2023
-
-
8,482
8,482


Charge for the year on owned assets
4,050
3,676
2,430
10,156



At 30 September 2024

4,050
3,676
10,912
18,638



Net book value



At 30 September 2024
93,138
11,026
5,352
109,516



At 30 September 2023
-
-
5,083
5,083


5.


Debtors

2024
2023
£
£


Trade debtors
387,905
107,014

Other debtors
87,960
167,532

Prepayments and accrued income
-
30,000

475,865
304,546


Page 7

 
MAILLOT JAUNE CONSULTING LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2024

6.


Current asset investments

2024
2023
£
£

Cryptocurrency investments
318,671
25,046

318,671
25,046



7.


Cash and cash equivalents

2024
2023
£
£

Cash at bank and in hand
12,797
86,963

12,797
86,963



8.


Creditors: Amounts falling due within one year

2024
2023
£
£

Trade creditors
149,062
43,274

Corporation tax
105,690
70,665

Other taxation and social security
62,602
11,123

Obligations under finance lease and hire purchase contracts
21,400
-

Other creditors
-
10

Accruals and deferred income
2,050
1,950

340,804
127,022



9.


Creditors: Amounts falling due after more than one year

2024
2023
£
£

Net obligations under finance leases and hire purchase contracts
81,648
-

81,648
-


Page 8

 
MAILLOT JAUNE CONSULTING LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2024

10.


Hire purchase and finance leases


Minimum lease payments under hire purchase fall due as follows:

2024
2023
£
£


Within one year
21,500
-

Between 1-5 years
81,648
-

103,148
-


11.


Related party transactions

Included within other debtors is a loan to the director of the company of £86,918 (2023: £166,490). Interest was charged during the year at the HMRC official rate of interest and the loan was fully repaid within 9 months from the balance sheet date.

 
Page 9