Caseware UK (AP4) 2024.0.164 2024.0.164 2024-05-312024-05-31No description of principal activityfalse2023-06-01false11falsetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. 08525668 2023-06-01 2024-05-31 08525668 2022-06-01 2023-05-31 08525668 2024-05-31 08525668 2023-05-31 08525668 c:Director1 2023-06-01 2024-05-31 08525668 d:CurrentFinancialInstruments 2024-05-31 08525668 d:CurrentFinancialInstruments 2023-05-31 08525668 d:CurrentFinancialInstruments d:WithinOneYear 2024-05-31 08525668 d:CurrentFinancialInstruments d:WithinOneYear 2023-05-31 08525668 d:ShareCapital 2024-05-31 08525668 d:ShareCapital 2023-05-31 08525668 d:RetainedEarningsAccumulatedLosses 2024-05-31 08525668 d:RetainedEarningsAccumulatedLosses 2023-05-31 08525668 c:FRS102 2023-06-01 2024-05-31 08525668 c:AuditExempt-NoAccountantsReport 2023-06-01 2024-05-31 08525668 c:FullAccounts 2023-06-01 2024-05-31 08525668 c:PrivateLimitedCompanyLtd 2023-06-01 2024-05-31 08525668 e:PoundSterling 2023-06-01 2024-05-31 iso4217:GBP xbrli:pure

Registered number: 08525668









BRAP SOLUTIONS LIMITED







UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 31 MAY 2024

 
BRAP SOLUTIONS LIMITED
REGISTERED NUMBER: 08525668

STATEMENT OF FINANCIAL POSITION
AS AT 31 MAY 2024

2024
2023
Note
£
£

  

Current assets
  

Debtors: amounts falling due within one year
 4 
381
-

Cash at bank and in hand
 5 
841
2,684

  
1,222
2,684

Creditors: amounts falling due within one year
 6 
(944)
(400)

Net current assets
  
 
 
278
 
 
2,284

Total assets less current liabilities
  
278
2,284

  

Net assets
  
278
2,284


Capital and reserves
  

Called up share capital 
  
1
1

Profit and loss account
  
277
2,283

  
278
2,284


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 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 19 February 2025.




John Mullan
Director

The notes on pages 3 to 5 form part of these financial statements.
Page 1

 
BRAP SOLUTIONS LIMITED
REGISTERED NUMBER: 08525668
    
STATEMENT OF FINANCIAL POSITION (CONTINUED)
AS AT 31 MAY 2024


Page 2

 
BRAP SOLUTIONS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MAY 2024

1.


General information

BRAP Solutions Limited is a private company limited by shares and incorporated in England and Wales. Its registered office is Calder & Co, 30 Orange Street, London, WC2H 7HF.

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.

 
2.3

Debtors

Short-term debtors are measured at transaction price, less any impairment.

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.

 
2.4

Cash

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours.

 
2.5

Creditors

Short-term creditors are measured at the transaction price.

Page 3

 
BRAP SOLUTIONS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MAY 2024

2.Accounting policies (continued)

 
2.6

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, loans from banks and other third parties, loans to related parties and investments in ordinary shares.
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.
Financial assets and liabilities are offset and the net amount reported in the Statement of Financial Position 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.


3.


Employees




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


        2024
        2023
            No.
            No.







Directors
1
1


4.


Debtors

2024
2023
£
£


Other debtors
381
-

381
-



5.


Cash

2024
2023
£
£

Cash at bank and in hand
841
2,684

841
2,684


Page 4

 
BRAP SOLUTIONS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MAY 2024

6.


Creditors: Amounts falling due within one year

2024
2023
£
£

Other creditors
344
-

Accruals
600
400

944
400


 
Page 5