Caseware UK (AP4) 2023.0.135 2023.0.135 2024-05-312024-05-311false1true2023-06-01trueNo description of principal activityThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. 09588029 2023-06-01 2024-05-31 09588029 2022-06-01 2023-05-31 09588029 2024-05-31 09588029 2023-05-31 09588029 c:Director1 2023-06-01 2024-05-31 09588029 c:Director1 2024-05-31 09588029 c:Director2 2023-06-01 2024-05-31 09588029 c:Director2 2024-05-31 09588029 c:RegisteredOffice 2023-06-01 2024-05-31 09588029 d:CurrentFinancialInstruments 2024-05-31 09588029 d:CurrentFinancialInstruments 2023-05-31 09588029 d:CurrentFinancialInstruments d:WithinOneYear 2024-05-31 09588029 d:CurrentFinancialInstruments d:WithinOneYear 2023-05-31 09588029 d:ShareCapital 2024-05-31 09588029 d:ShareCapital 2023-05-31 09588029 d:RetainedEarningsAccumulatedLosses 2024-05-31 09588029 d:RetainedEarningsAccumulatedLosses 2023-05-31 09588029 c:FRS102 2023-06-01 2024-05-31 09588029 c:AuditExempt-NoAccountantsReport 2023-06-01 2024-05-31 09588029 c:FullAccounts 2023-06-01 2024-05-31 09588029 c:PrivateLimitedCompanyLtd 2023-06-01 2024-05-31 iso4217:GBP xbrli:pure
Company registration number: 09588029







UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED
31 MAY 2024


BRACE GROVE UK LIMITED






































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BRACE GROVE UK LIMITED
 


 
COMPANY INFORMATION


Directors
S Mori (resigned 21 March 2024)
I Kawamura (appointed 21 March 2024)




Registered number
09588029



Registered office
Hamilton House
Mabledon Place

Bloomsbury

London

WC1H 9BB




Accountants
Menzies LLP
Chartered Accountants

Richmond House

Walkern Road

Stevenage

SG1 3QP





 


BRACE GROVE UK LIMITED
 



CONTENTS



Page
Statement of financial position
1 - 2
Notes to the financial statements
3 - 4


 


BRACE GROVE UK LIMITED
REGISTERED NUMBER:09588029



STATEMENT OF FINANCIAL POSITION
AS AT 31 MAY 2024

2024
2023
Note
£
£

  

Current assets
  

Debtors: amounts falling due within one year
 4 
4,619
4,479

  
4,619
4,479

Creditors: amounts falling due within one year
 5 
(3,729)
(3,720)

Net current assets
  
 
 
890
 
 
759

Total assets less current liabilities
  
890
759

  

Net assets
  
890
759


Capital and reserves
  

Called up share capital 
  
1
1

Profit and loss account
  
889
758

  
890
759


Page 1

 


BRACE GROVE UK LIMITED
REGISTERED NUMBER:09588029


    
STATEMENT OF FINANCIAL POSITION (CONTINUED)
AS AT 31 MAY 2024

The directors consider 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 directors acknowledge their 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: 




................................................
I Kawamura
Director

Date: 5 February 2025

The notes on pages 3 to 4 form part of these financial statements.

Page 2

 


BRACE GROVE UK LIMITED
 


 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MAY 2024

1.


General information

Brace Grove UK Limited is a private company, limited by shares, registered in England and Wales. The company's registered number and registered office address can be found on the company information page.

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 Section 1A of Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006.

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.

 
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

 


BRACE GROVE UK LIMITED
 


 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MAY 2024

2.Accounting policies (continued)

 
2.4

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 reporting date in the countries where the Company operates and generates income.

 
2.5

Financial instruments

Financial instruments are recognised in the Company's Statement of financial position when the Company becomes party to the contractual provisions of the instrument.


3.


Employees

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


4.


Debtors

2024
2023
£
£


Amounts owed by group undertakings
4,618
4,478

Other debtors
1
1

4,619
4,479



5.


Creditors: Amounts falling due within one year

2024
2023
£
£

Corporation tax
44
35

Other creditors
3,685
3,685

3,729
3,720



6.


Parent relationships

The company's immediate and ultimate parent company is Brace Grove HK Limited, a company incorporated in Hong Kong at Uni 1305, 13/F., 8 Jordan Road, Yaumatei, Kowloon, Hong Kong. 

 
Page 4