Caseware UK (AP4) 2023.0.135 2023.0.135 2024-06-302024-06-30122023-07-01falseNo description of principal activity12truetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.false 02227423 2023-07-01 2024-06-30 02227423 2022-07-01 2023-06-30 02227423 2024-06-30 02227423 2023-06-30 02227423 2022-07-01 02227423 c:Director1 2023-07-01 2024-06-30 02227423 c:Director2 2023-07-01 2024-06-30 02227423 d:Buildings d:LongLeaseholdAssets 2023-07-01 2024-06-30 02227423 d:Buildings d:LongLeaseholdAssets 2024-06-30 02227423 d:Buildings d:LongLeaseholdAssets 2023-06-30 02227423 d:MotorVehicles 2023-07-01 2024-06-30 02227423 d:MotorVehicles 2024-06-30 02227423 d:MotorVehicles 2023-06-30 02227423 d:MotorVehicles d:OwnedOrFreeholdAssets 2023-07-01 2024-06-30 02227423 d:OfficeEquipment 2023-07-01 2024-06-30 02227423 d:OfficeEquipment 2024-06-30 02227423 d:OfficeEquipment 2023-06-30 02227423 d:OfficeEquipment d:OwnedOrFreeholdAssets 2023-07-01 2024-06-30 02227423 d:ComputerEquipment 2023-07-01 2024-06-30 02227423 d:ComputerEquipment 2024-06-30 02227423 d:ComputerEquipment 2023-06-30 02227423 d:ComputerEquipment d:OwnedOrFreeholdAssets 2023-07-01 2024-06-30 02227423 d:OwnedOrFreeholdAssets 2023-07-01 2024-06-30 02227423 d:CurrentFinancialInstruments 2024-06-30 02227423 d:CurrentFinancialInstruments 2023-06-30 02227423 d:CurrentFinancialInstruments d:WithinOneYear 2024-06-30 02227423 d:CurrentFinancialInstruments d:WithinOneYear 2023-06-30 02227423 d:ShareCapital 2023-07-01 2024-06-30 02227423 d:ShareCapital 2024-06-30 02227423 d:ShareCapital 2022-07-01 2023-06-30 02227423 d:ShareCapital 2023-06-30 02227423 d:ShareCapital 2022-07-01 02227423 d:OtherMiscellaneousReserve 2023-07-01 2024-06-30 02227423 d:OtherMiscellaneousReserve 2024-06-30 02227423 d:OtherMiscellaneousReserve 2022-07-01 2023-06-30 02227423 d:OtherMiscellaneousReserve 2023-06-30 02227423 d:OtherMiscellaneousReserve 2022-07-01 02227423 d:RetainedEarningsAccumulatedLosses 2023-07-01 2024-06-30 02227423 d:RetainedEarningsAccumulatedLosses 2024-06-30 02227423 d:RetainedEarningsAccumulatedLosses 2022-07-01 2023-06-30 02227423 d:RetainedEarningsAccumulatedLosses 2023-06-30 02227423 d:RetainedEarningsAccumulatedLosses 2022-07-01 02227423 d:FinancialAssetsDesignatedFairValueThroughProfitOrLoss 2024-06-30 02227423 d:FinancialAssetsDesignatedFairValueThroughProfitOrLoss 2023-06-30 02227423 c:OrdinaryShareClass1 2023-07-01 2024-06-30 02227423 c:OrdinaryShareClass1 2024-06-30 02227423 c:OrdinaryShareClass1 2023-06-30 02227423 c:OrdinaryShareClass2 2023-07-01 2024-06-30 02227423 c:OrdinaryShareClass2 2024-06-30 02227423 c:OrdinaryShareClass2 2023-06-30 02227423 c:OrdinaryShareClass3 2023-07-01 2024-06-30 02227423 c:OrdinaryShareClass3 2024-06-30 02227423 c:OrdinaryShareClass3 2023-06-30 02227423 c:FRS102 2023-07-01 2024-06-30 02227423 c:AuditExempt-NoAccountantsReport 2023-07-01 2024-06-30 02227423 c:FullAccounts 2023-07-01 2024-06-30 02227423 c:PrivateLimitedCompanyLtd 2023-07-01 2024-06-30 02227423 d:WithinOneYear 2024-06-30 02227423 d:WithinOneYear 2023-06-30 02227423 d:AcceleratedTaxDepreciationDeferredTax 2024-06-30 02227423 d:AcceleratedTaxDepreciationDeferredTax 2023-06-30 02227423 d:OtherDeferredTax 2024-06-30 02227423 d:OtherDeferredTax 2023-06-30 02227423 2 2023-07-01 2024-06-30 02227423 6 2023-07-01 2024-06-30 02227423 e:PoundSterling 2023-07-01 2024-06-30 iso4217:GBP xbrli:shares xbrli:pure
Registered number: 02227423














EARL STREET EMPLOYMENT CONSULTANTS LIMITED
UNAUDITED
FINANCIAL STATEMENTS
INFORMATION FOR FILING WITH THE REGISTRAR
FOR THE YEAR ENDED 30 JUNE 2024

 
EARL STREET EMPLOYMENT CONSULTANTS LIMITED
REGISTERED NUMBER: 02227423

BALANCE SHEET
AS AT 30 JUNE 2024

2024
2023
Note

Fixed assets
  

Tangible assets
 4 
26,784
32,144

Investments
 5 
331,786
362,446

  
358,570
394,590

Current assets
  

Debtors: amounts falling due within one year
 6 
791,794
884,736

Cash at bank and in hand
 7 
59,875
1,479

  
851,669
886,215

Creditors: amounts falling due within one year
 8 
(118,698)
(105,039)

Net current assets
  
 
 
732,971
 
 
781,176

Total assets less current liabilities
  
1,091,541
1,175,766

Provisions for liabilities
  

Deferred tax
 10 
(13,172)
(4,237)

  
 
 
(13,172)
 
 
(4,237)

Net assets
  
£1,078,369
£1,171,529


Capital and reserves
  

Called up share capital 
 11 
10,000
10,000

Other reserves
 12 
26,771
6,669

Profit and loss account
 12 
1,041,598
1,154,860

  
£1,078,369
£1,171,529


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.

Page 1

 
EARL STREET EMPLOYMENT CONSULTANTS LIMITED
REGISTERED NUMBER: 02227423

BALANCE SHEET (CONTINUED)
AS AT 30 JUNE 2024


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 13 February 2025.




Mrs B L Craven
A M Craven
Director
Director

The notes on pages 5 to 12 form part of these financial statements.
Page 2

 
EARL STREET EMPLOYMENT CONSULTANTS LIMITED
 

STATEMENT OF CHANGES IN EQUITY
FOR THE YEAR ENDED 30 JUNE 2024


Called up share capital
Other reserves
Profit and loss account
Total equity

At 1 July 2023
10,000
6,669
1,154,860
1,171,529


Comprehensive income for the year

Loss for the year
-
-
(26,910)
(26,910)
Total comprehensive income for the year
-
-
(26,910)
(26,910)


Contributions by and distributions to owners

Dividends: Equity capital
-
-
(66,250)
(66,250)

Transfer to/from profit and loss account
-
20,102
(20,102)
-


Total transactions with owners
-
20,102
(86,352)
(66,250)


At 30 June 2024
£10,000
£26,771
£1,041,598
£1,078,369


The notes on pages 5 to 12 form part of these financial statements.
Page 3

 
EARL STREET EMPLOYMENT CONSULTANTS LIMITED
 

STATEMENT OF CHANGES IN EQUITY
FOR THE YEAR ENDED 30 JUNE 2023


Called up share capital
Other reserves
Profit and loss account
Total equity

At 1 July 2022
10,000
-
1,259,173
1,269,173


Comprehensive income for the year

Loss for the year
-
-
(36,394)
(36,394)
Total comprehensive income for the year
-
-
(36,394)
(36,394)


Contributions by and distributions to owners

Dividends: Equity capital
-
-
(61,250)
(61,250)

Transfer to/from profit and loss account
-
6,669
(6,669)
-


Total transactions with owners
-
6,669
(67,919)
(61,250)


At 30 June 2023
£10,000
£6,669
£1,154,860
£1,171,529


The notes on pages 5 to 12 form part of these financial statements.
Page 4

 
EARL STREET EMPLOYMENT CONSULTANTS LIMITED
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2024

1.


General information

Earl Street Employment Limited is a private company limited by shares.  The company registration number is 02227423 and it is incorporated in England and Wales.  The registered office and principal place of business of the company is Laurel House, 43 Earl Street, Maidstone, Kent ME14 1PD.

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

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.

 
2.3

Operating leases: the Company as lessee

Rentals paid under operating leases are charged to profit or loss on a straight-line basis over the lease term.

Benefits received and receivable as an incentive to sign an operating lease are recognised on a straight-line basis over the lease term, unless another systematic basis is representative of the time pattern of the lessee's benefit from the use of the leased asset.

 
2.4

Interest income

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

Page 5

 
EARL STREET EMPLOYMENT CONSULTANTS LIMITED
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2024

2.Accounting policies (continued)

 
2.5

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.

 
2.6

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.

 
2.7

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 6

 
EARL STREET EMPLOYMENT CONSULTANTS LIMITED
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2024

2.Accounting policies (continued)


2.7
Tangible fixed assets (continued)

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 Improvements
-
10% reducing balance
Motor vehicles
-
25% reducing balance
Office equipment
-
15% reducing balance
Computer equipment
-
25% reducing balance

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.

 
2.8

Valuation of investments

Investments in subsidiaries are measured at cost less accumulated impairment.

Investments in unlisted Company shares, whose market value can be reliably determined, are remeasured to market value at each balance sheet date. Gains and losses on remeasurement are recognised in the Statement of comprehensive income for the period. Where market value cannot be reliably determined, such investments are stated at historic cost less impairment.

Investments in listed company shares are remeasured to market value at each balance sheet date. Gains and losses on remeasurement are recognised in profit or loss for the period.

 
2.9

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.

 
2.10

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.

 
2.11

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.

Page 7

 
EARL STREET EMPLOYMENT CONSULTANTS LIMITED
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2024

2.Accounting policies (continued)

 
2.12

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.

 
2.13

Financial instruments

The Company has elected to apply the provisions of Section 11 “Basic Financial Instruments” of FRS 102 to all of its financial instruments.

Financial instruments are recognised in the Company's Balance sheet when the Company becomes party to the contractual provisions of the instrument.

Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally 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.

Basic financial assets

Basic financial assets, which include trade and other receivables, cash and bank balances, are initially measured at their transaction price including transaction costs and are subsequently carried at their amortised cost using the effective interest method, less any provision for impairment, unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest.

Discounting is omitted where the effect of discounting is immaterial. The Company's cash and cash equivalents, trade and most other receivables due with the operating cycle fall into this category of financial instruments.

Derecognition of financial liabilities

Financial liabilities are derecognised when the Company's contractual obligations expire or are discharged or cancelled.

 
2.14

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 12 (2023 - 12).

Page 8

 
EARL STREET EMPLOYMENT CONSULTANTS LIMITED
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2024

4.


Tangible fixed assets





Long-term leasehold property improvements
Motor vehicles
Office equipment
Computer equipment
Total



Cost or valuation


At 1 July 2023
26,112
644
48,361
60,945
136,062



At 30 June 2024

26,112
644
48,361
60,945
136,062



Depreciation


At 1 July 2023
12,598
639
42,711
47,970
103,918


Charge for the year on owned assets
314
1
848
4,197
5,360



At 30 June 2024

12,912
640
43,559
52,167
109,278



Net book value



At 30 June 2024
£13,200
£4
£4,802
£8,778
£26,784



At 30 June 2023
£13,514
£5
£5,650
£12,975
£32,144


5.


Fixed asset investments





Listed investments



Cost or valuation


At 1 July 2023
362,446


Disposals
(52,685)


Revaluations
22,025



At 30 June 2024
£331,786




Page 9

 
EARL STREET EMPLOYMENT CONSULTANTS LIMITED
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2024

6.


Debtors

2024
2023


Trade debtors
91,034
146,468

Other debtors
692,942
727,603

Prepayments and accrued income
7,818
10,665

£791,794
£884,736



7.


Cash and cash equivalents

2024
2023

Cash at bank and in hand
59,875
1,479

£59,875
£1,479



8.


Creditors: Amounts falling due within one year

2024
2023

Trade creditors
3,855
14,041

Other taxation and social security
66,588
56,044

Other creditors
5,417
1,381

Accruals and deferred income
42,838
33,573

£118,698
£105,039



9.


Financial instruments

2024
2023

Financial assets


Financial assets measured at fair value through profit or loss
£391,660
£363,924




Financial assets measured at fair value through profit or loss comprise listed investments and cash at bank and in hand.


10.


Deferred taxation

Page 10

 
EARL STREET EMPLOYMENT CONSULTANTS LIMITED
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2024
 
10.Deferred taxation (continued)




2024





At beginning of year
(4,237)


Charged to profit or loss
(8,935)



At end of year
£(13,172)

The provision for deferred taxation is made up as follows:

2024
2023


Accelerated capital allowances
(4,248)
(2,015)

Other item - deferred tax liability/(asset) on investment
(8,924)
(2,222)

£(13,172)
£(4,237)

Page 11

 
EARL STREET EMPLOYMENT CONSULTANTS LIMITED
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2024

11.


Share capital

2024
2023
Allotted, called up and fully paid



5,200 (2023 - 5,200) Ordinary Shares shares of £1.00 each
5,200
5,200
2,300 (2023 - 2,300) 'A' Ordinary Shares shares of £1.00 each
2,300
2,300
2,500 (2023 - 2,500) 'B' Ordinary Shares shares of £1.00 each
2,500
2,500

£10,000

£10,000



12.


Reserves

Other reserves

This reserve records the movement between the original cost of the investment and its current market value, net of deferred tax.

Profit and loss account

Includes all current and prior period retained profits and losses.


13.


Pension commitments

The Company operates a defined contributions pension scheme. The assets of the scheme are held separately from those of the Company in an independently administered fund. The pension cost charge represents contributions payable by the Company to the fund and amounted to £6,560 (2023 £6,342). Contributions totalling £924 (2023 £604) were payable to the fund at the balance sheet date and are included in creditors.


14.


Commitments under operating leases

At 30 June 2024 the Company had future minimum lease payments due under non-cancellable operating leases for each of the following periods:

2024
2023


Not later than 1 year
58
233

£58
£233


15.
Controlling party



Mrs B L Craven is the controlling party of the company.


Page 12