Caseware UK (AP4) 2023.0.135 2023.0.135 2024-10-312024-10-31No description of principal activity2023-11-01false11truetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. 09277366 2023-11-01 2024-10-31 09277366 2022-11-01 2023-10-31 09277366 2024-10-31 09277366 2023-10-31 09277366 c:Director1 2023-11-01 2024-10-31 09277366 d:OfficeEquipment 2023-11-01 2024-10-31 09277366 d:OfficeEquipment 2024-10-31 09277366 d:OfficeEquipment 2023-10-31 09277366 d:OfficeEquipment d:OwnedOrFreeholdAssets 2023-11-01 2024-10-31 09277366 d:CurrentFinancialInstruments 2024-10-31 09277366 d:CurrentFinancialInstruments 2023-10-31 09277366 d:CurrentFinancialInstruments d:WithinOneYear 2024-10-31 09277366 d:CurrentFinancialInstruments d:WithinOneYear 2023-10-31 09277366 d:ShareCapital 2024-10-31 09277366 d:ShareCapital 2023-10-31 09277366 d:RetainedEarningsAccumulatedLosses 2024-10-31 09277366 d:RetainedEarningsAccumulatedLosses 2023-10-31 09277366 c:FRS102 2023-11-01 2024-10-31 09277366 c:AuditExempt-NoAccountantsReport 2023-11-01 2024-10-31 09277366 c:FullAccounts 2023-11-01 2024-10-31 09277366 c:PrivateLimitedCompanyLtd 2023-11-01 2024-10-31 09277366 2 2023-11-01 2024-10-31 iso4217:GBP xbrli:pure

Registered number: 09277366









CLAYHALL ACCOUNTING LIMITED







UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 31 OCTOBER 2024

 
CLAYHALL ACCOUNTING LIMITED
REGISTERED NUMBER: 09277366

STATEMENT OF FINANCIAL POSITION
AS AT 31 OCTOBER 2024

2024
2024
2023
2023
Note
£
£
£
£

Fixed assets
  

Tangible assets
 4 
2,566
288

  
2,566
288

Current assets
  

Debtors: amounts falling due within one year
 5 
900
2,850

Cash at bank and in hand
  
30,896
35,378

  
31,796
38,228

Creditors: amounts falling due within one year
 6 
(3,084)
(7,894)

Net current assets
  
 
 
28,712
 
 
30,334

Total assets less current liabilities
  
31,278
30,622

  

Net assets
  
31,278
30,622


Capital and reserves
  

Called up share capital 
  
100
100

Profit and loss account
  
31,178
30,522

  
31,278
30,622


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 Company's financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

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 income statement 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 20 February 2025.

S Buitekant
Director
Page 1

 
CLAYHALL ACCOUNTING LIMITED
REGISTERED NUMBER: 09277366
    
STATEMENT OF FINANCIAL POSITION (CONTINUED)
AS AT 31 OCTOBER 2024


The notes on pages 3 to 6 form part of these financial statements.
Page 2

 
CLAYHALL ACCOUNTING LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2024

1.


General information

Clayhall Accounting Limited is a private company limited by shares and registered in England and Wales. The address of the registered office and principal place of business is 22 Earlswood Gardens, Clayhall, Ilford, Essex IG5 0DF.

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 Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006.

The preparation of financial statements in compliance with FRS 102 requires the use of certain critical accounting estimates. It also requires management to exercise judgment in applying the Company's accounting policies.

The following principal accounting policies have been applied:

 
2.2

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 value added tax.
Turnover comprises services delivered to clients during the financial period.

 
2.3

Interest income

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

 
2.4

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 reporting date in the United Kingdom.

 
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

 
CLAYHALL ACCOUNTING LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 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, as follows.

Depreciation is provided on the following basis:

Office equipment
-
20%
per annum 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.

 
2.6

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.

 
2.7

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.

 
2.8

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.

 
2.9

Financial instruments

The company only enters into basic financial instrument transactions that result in the recognition of financial assets and liabilities like trade and other debtors and creditors and loans from related parties.
Financial assets that are measured at cost and amortised cost are assessed at the end of each reporting period for objective evidence of impairment. If objective evidence of impairment is found, an impairment loss is recognised in the statement of income and retained earnings.

 
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.

Page 4

 
CLAYHALL ACCOUNTING LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2024

3.


Employees

The average monthly number of employees, including the director, during the year was as follows:


        2024
        2023
            No.
            No.







1
1


4.


Tangible fixed assets





Office equipment

£



Cost or valuation


At 1 November 2023
2,343


Additions
2,851


Disposals
(2,343)



At 31 October 2024

2,851



Depreciation


At 1 November 2023
2,055


Charge for the year on owned assets
285


Disposals
(2,055)



At 31 October 2024

285



Net book value



At 31 October 2024
2,566



At 31 October 2023
288


5.


Debtors

2024
2023
£
£


Trade debtors
-
1,650

Prepayments and accrued income
900
1,200

900
2,850

Page 5

 
CLAYHALL ACCOUNTING LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2024

5.Debtors (continued)



6.


Creditors: Amounts falling due within one year

2024
2023
£
£

Trade creditors
-
2,000

Corporation tax
1,010
1,670

Other creditors
2,074
4,224

3,084
7,894



7.


Related party transactions

At the year end the director was owed £2,074 (2023:  £4,224). No interest is charged.

 
Page 6