Caseware UK (AP4) 2023.0.135 2023.0.135 2024-07-312024-07-312023-08-01truefalseNo description of principal activity11trueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.false 04184045 2023-08-01 2024-07-31 04184045 2022-08-01 2023-07-31 04184045 2024-07-31 04184045 2023-07-31 04184045 c:Director1 2023-08-01 2024-07-31 04184045 d:Buildings d:LongLeaseholdAssets 2023-08-01 2024-07-31 04184045 d:Buildings d:LongLeaseholdAssets 2024-07-31 04184045 d:Buildings d:LongLeaseholdAssets 2023-07-31 04184045 d:PlantMachinery 2023-08-01 2024-07-31 04184045 d:PlantMachinery 2024-07-31 04184045 d:PlantMachinery 2023-07-31 04184045 d:PlantMachinery d:OwnedOrFreeholdAssets 2023-08-01 2024-07-31 04184045 d:MotorVehicles 2023-08-01 2024-07-31 04184045 d:MotorVehicles 2024-07-31 04184045 d:MotorVehicles 2023-07-31 04184045 d:MotorVehicles d:OwnedOrFreeholdAssets 2023-08-01 2024-07-31 04184045 d:FurnitureFittings 2023-08-01 2024-07-31 04184045 d:FurnitureFittings 2024-07-31 04184045 d:FurnitureFittings 2023-07-31 04184045 d:FurnitureFittings d:OwnedOrFreeholdAssets 2023-08-01 2024-07-31 04184045 d:OfficeEquipment 2023-08-01 2024-07-31 04184045 d:OwnedOrFreeholdAssets 2023-08-01 2024-07-31 04184045 d:CurrentFinancialInstruments 2024-07-31 04184045 d:CurrentFinancialInstruments 2023-07-31 04184045 d:CurrentFinancialInstruments d:WithinOneYear 2024-07-31 04184045 d:CurrentFinancialInstruments d:WithinOneYear 2023-07-31 04184045 d:ShareCapital 2024-07-31 04184045 d:ShareCapital 2023-07-31 04184045 d:RetainedEarningsAccumulatedLosses 2024-07-31 04184045 d:RetainedEarningsAccumulatedLosses 2023-07-31 04184045 c:FRS102 2023-08-01 2024-07-31 04184045 c:AuditExempt-NoAccountantsReport 2023-08-01 2024-07-31 04184045 c:FullAccounts 2023-08-01 2024-07-31 04184045 c:PrivateLimitedCompanyLtd 2023-08-01 2024-07-31 04184045 d:AcceleratedTaxDepreciationDeferredTax 2024-07-31 04184045 d:AcceleratedTaxDepreciationDeferredTax 2023-07-31 04184045 e:PoundSterling 2023-08-01 2024-07-31 iso4217:GBP xbrli:pure

Registered number: 04184045









S I CONSULTANCY LIMITED







UNAUDITED

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 JULY 2024

 
S I CONSULTANCY LIMITED
REGISTERED NUMBER: 04184045

BALANCE SHEET
AS AT 31 JULY 2024

2024
2023
Note
£
£

Fixed assets
  

Tangible assets
 4 
10,390
20,406

Current assets
  

Debtors: amounts falling due within one year
 5 
26,640
30,770

Cash at bank and in hand
  
661,491
631,566

  
688,131
662,336

Creditors: amounts falling due within one year
 6 
(31,168)
(46,096)

Net current assets
  
 
 
656,963
 
 
616,240

Total assets less current liabilities
  
667,353
636,646

Provisions for liabilities
  

Deferred tax
 7 
(2,597)
(5,102)

Net assets
  
664,756
631,544


Capital and reserves
  

Called up share capital 
  
100
100

Profit and loss account
  
664,656
631,444

  
664,756
631,544


Page 1

 
S I CONSULTANCY LIMITED
REGISTERED NUMBER: 04184045
    
BALANCE SHEET (CONTINUED)
AS AT 31 JULY 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 statement of comprehensive income 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 11 February 2025.


P Rodgers
Director

Page 2

 
S I CONSULTANCY LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JULY 2024

1.


General information

The company is a private limited company, which is incorporated and registered in England (registration number: 04184045). The address of the registered office is Maun House, 33 Brunts Street, Mansfield, Nottinghamshire, NG18 1AX.

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

Going concern

At the date of approving the financial statements, there is a degree of uncertainty around the full economic impact of the cost of living and wider geopolitical issues. The director believes that the company has sufficient resources to continue to trade at a reasonable level until at least February 2026, therefore the accounts continue to be prepared on the going concern basis.

 
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.

Page 3

 
S I CONSULTANCY LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JULY 2024

2.Accounting policies (continued)

 
2.4

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.


 
2.5

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.

Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, on a reducing balance basis.

Depreciation is provided on the following basis:

Leasehold Property
-
33.3% reducing balance
Plant and machinery
-
25% reducing balance
Motor vehicles
-
25% reducing balance
Fixtures and fittings
-
33.3% reducing balance
Office equipment
-

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 4

 
S I CONSULTANCY LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JULY 2024

2.Accounting policies (continued)

 
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

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.

 
2.10

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 5

 
S I CONSULTANCY LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JULY 2024

4.


Tangible fixed assets





Leasehold Property
Plant and machinery
Motor vehicles
Fixtures and fittings
Total

£
£
£
£
£



Cost or valuation


At 1 August 2023
46,120
6,909
15,464
72,114
140,607


Additions
-
-
-
2,564
2,564


Disposals
-
-
(15,464)
-
(15,464)



At 31 July 2024

46,120
6,909
-
74,678
127,707



Depreciation


At 1 August 2023
46,005
4,371
8,941
60,884
120,201


Charge for the year on owned assets
38
1,464
-
4,555
6,057


Disposals
-
-
(8,941)
-
(8,941)



At 31 July 2024

46,043
5,835
-
65,439
117,317



Net book value



At 31 July 2024
77
1,074
-
9,239
10,390



At 31 July 2023
115
2,538
6,523
11,230
20,406

Page 6

 
S I CONSULTANCY LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JULY 2024

5.


Debtors

2024
2023
£
£


Trade debtors
26,471
30,200

Prepayments and accrued income
169
570

26,640
30,770



6.


Creditors: Amounts falling due within one year

2024
2023
£
£

Trade creditors
-
40

Other taxation and social security
25,932
36,537

Other creditors
5,236
9,519

31,168
46,096



7.


Deferred taxation




2024


£






At beginning of year
(5,102)


Charged to profit or loss
2,505



At end of year
(2,597)

The provision for deferred taxation is made up as follows:

2024
2023
£
£


Accelerated capital allowances
(2,597)
(5,102)

Page 7