Caseware UK (AP4) 2023.0.135 2023.0.135 2024-06-302024-06-30The principal activity of the Company during the year was that of a corporate partner in a legal practice.falseThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.12023-07-011falsetruefalse 08059784 2023-07-01 2024-06-30 08059784 2022-07-01 2023-06-30 08059784 2024-06-30 08059784 2023-06-30 08059784 c:Director1 2023-07-01 2024-06-30 08059784 d:Goodwill 2024-06-30 08059784 d:Goodwill 2023-06-30 08059784 d:CurrentFinancialInstruments 2024-06-30 08059784 d:CurrentFinancialInstruments 2023-06-30 08059784 d:CurrentFinancialInstruments d:WithinOneYear 2024-06-30 08059784 d:CurrentFinancialInstruments d:WithinOneYear 2023-06-30 08059784 d:ShareCapital 2024-06-30 08059784 d:ShareCapital 2023-06-30 08059784 d:RetainedEarningsAccumulatedLosses 2024-06-30 08059784 d:RetainedEarningsAccumulatedLosses 2023-06-30 08059784 c:OrdinaryShareClass1 2023-07-01 2024-06-30 08059784 c:OrdinaryShareClass1 2024-06-30 08059784 c:OrdinaryShareClass1 2023-06-30 08059784 c:FRS102 2023-07-01 2024-06-30 08059784 c:AuditExempt-NoAccountantsReport 2023-07-01 2024-06-30 08059784 c:FullAccounts 2023-07-01 2024-06-30 08059784 c:PrivateLimitedCompanyLtd 2023-07-01 2024-06-30 08059784 2 2023-07-01 2024-06-30 08059784 e:PoundSterling 2023-07-01 2024-06-30 xbrli:shares iso4217:GBP xbrli:pure

Registered number: 08059784









MARK EDMONDSON LIMITED







UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 30 JUNE 2024

 
MARK EDMONDSON LIMITED
REGISTERED NUMBER: 08059784

BALANCE SHEET
AS AT 30 JUNE 2024

2024
2023
Note
£
£

CURRENT ASSETS
  

Debtors: amounts falling due within one year
 5 
511,606
794,129

Cash at bank and in hand
  
535
535

  
512,141
794,664

Creditors: amounts falling due within one year
 6 
(18,925)
(63,065)

NET CURRENT ASSETS
  
 
 
493,216
 
 
731,599

NET ASSETS
  
493,216
731,599


CAPITAL AND RESERVES
  

Called up share capital 
 7 
10
10

Profit and loss account
  
493,206
731,589

  
493,216
731,599


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 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 by: 




M A Edmondson
Director

Date: 4 February 2025

The notes on pages 2 to 5 form part of these financial statements.
Page 1

 
MARK EDMONDSON LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2024

1.


GENERAL INFORMATION

Mark Edmondson Limited is a private company limited by shares and incorporated in England and Wales. Its registered office is 25 Exeter Road, Newmarket, Suffolk, CB8 8AR.
The Company's functional and presentational currency is GBP.

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

TURNOVER

Turnover comprises of a profit share from a legal services partnership named Edmondson Hall Solicitors and is recognised as profits are earned in that partnership.

 
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.

 
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.


Page 2

 
MARK EDMONDSON LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2024

2.ACCOUNTING POLICIES (CONTINUED)

 
2.6

INTANGIBLE ASSETS

Intangible assets are initially recognised at cost. After recognition, under the cost model, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

All intangible assets are considered to have a finite useful life. If a reliable estimate of the useful life cannot be made, the useful life shall not exceed ten years.

 
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.

 
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 1 (2023 - 1).

Page 3

 
MARK EDMONDSON LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2024

4.


INTANGIBLE ASSETS




Goodwill

£



COST


At 1 July 2023
350,000



At 30 June 2024

350,000



AMORTISATION


At 1 July 2023
350,000



At 30 June 2024

350,000



NET BOOK VALUE



At 30 June 2024
-



At 30 June 2023
-




5.


DEBTORS

2024
2023
£
£

Amounts owed by joint ventures and associated undertakings
333,994
616,679

Other debtors
177,612
177,450

511,606
794,129



6.


CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024
2023
£
£

Corporation tax
18,925
62,106

Other creditors
-
959

18,925
63,065


Page 4

 
MARK EDMONDSON LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2024

7.


SHARE CAPITAL

2024
2023
£
£
ALLOTTED, CALLED UP AND FULLY PAID



10 (2023 - 10) Ordinary shares of £1.00 each
10
10


 
Page 5