Caseware UK (AP4) 2023.0.135 2023.0.135 2024-12-312024-12-312024-01-01falseNo description of principal activity22truetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.false 09295732 2024-01-01 2024-12-31 09295732 2023-01-01 2023-12-31 09295732 2024-12-31 09295732 2023-12-31 09295732 c:Director1 2024-01-01 2024-12-31 09295732 d:CurrentFinancialInstruments 2024-12-31 09295732 d:CurrentFinancialInstruments 2023-12-31 09295732 d:CurrentFinancialInstruments d:WithinOneYear 2024-12-31 09295732 d:CurrentFinancialInstruments d:WithinOneYear 2023-12-31 09295732 d:ShareCapital 2024-12-31 09295732 d:ShareCapital 2023-12-31 09295732 d:RetainedEarningsAccumulatedLosses 2024-12-31 09295732 d:RetainedEarningsAccumulatedLosses 2023-12-31 09295732 c:OrdinaryShareClass1 2024-01-01 2024-12-31 09295732 c:OrdinaryShareClass1 2024-12-31 09295732 c:OrdinaryShareClass1 2023-12-31 09295732 c:OrdinaryShareClass2 2024-01-01 2024-12-31 09295732 c:OrdinaryShareClass2 2024-12-31 09295732 c:OrdinaryShareClass2 2023-12-31 09295732 c:OrdinaryShareClass3 2024-01-01 2024-12-31 09295732 c:OrdinaryShareClass3 2024-12-31 09295732 c:OrdinaryShareClass3 2023-12-31 09295732 c:OrdinaryShareClass4 2024-01-01 2024-12-31 09295732 c:OrdinaryShareClass4 2024-12-31 09295732 c:OrdinaryShareClass4 2023-12-31 09295732 c:FRS102 2024-01-01 2024-12-31 09295732 c:AuditExempt-NoAccountantsReport 2024-01-01 2024-12-31 09295732 c:AbridgedAccounts 2024-01-01 2024-12-31 09295732 c:PrivateLimitedCompanyLtd 2024-01-01 2024-12-31 09295732 e:PoundSterling 2024-01-01 2024-12-31 xbrli:shares iso4217:GBP xbrli:pure

Registered number: 09295732









DEGRASSE CONSULTANTS LIMITED







UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 31 DECEMBER 2024

 
DEGRASSE CONSULTANTS LIMITED
REGISTERED NUMBER: 09295732

STATEMENT OF FINANCIAL POSITION
AS AT 31 DECEMBER 2024

2024
2023
Note
£
£

  

Current assets
  

Debtors: amounts falling due within one year
 4 
262,647
250,000

Cash at bank and in hand
  
25,204
53,035

  
287,851
303,035

Creditors: amounts falling due within one year
 5 
(193,721)
(188,278)

Net current assets
  
 
 
94,130
 
 
114,757

Total assets less current liabilities
  
94,130
114,757

  

Net assets
  
94,130
114,757


Capital and reserves
  

Called up share capital 
 6 
100
100

Profit and loss account
  
94,030
114,657

  
94,130
114,757


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 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 by: 




S Garbutta
Director

Date: 25 February 2025
Page 1

 
DEGRASSE CONSULTANTS LIMITED
REGISTERED NUMBER: 09295732
    
STATEMENT OF FINANCIAL POSITION (CONTINUED)
AS AT 31 DECEMBER 2024


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


Page 2

 
DEGRASSE CONSULTANTS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024

1.


General information

Degrasse Consultants Limited is a private company limited by shares. It is incorporated in England and Wales (company number 09295732) and its registered address and the principal place of business is 101 New Cavendish Street, 1st Floor South, London, United Kingdom, W1W 6XH.

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 members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A) of the Companies Act 2006.

The financial statements have been prepared in GBP which is the functional and presentational currency of the company.

The following principal accounting policies have been applied:

 
2.2

Revenue

Turnover is recognised to the extent that it is probable that the economic benefits will flow to the Company and the turnover can be reliably measured. Turnover 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 turnover is recognised:

Rendering of services

Turnover 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 turnover 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

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.

Page 3

 
DEGRASSE CONSULTANTS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024

3.


Employees

2024
2023
£
£

Wages and salaries
-
8,300

-
8,300


The average monthly number of employees, including directors, during the year was 2 (2023 - 2).


4.


Debtors

2024
2023
£
£


Other debtors
262,647
250,000

262,647
250,000



5.


Creditors: Amounts falling due within one year

2024
2023
£
£

Corporation tax
-
21,367

Other creditors
193,721
166,911

193,721
188,278


Page 4

 
DEGRASSE CONSULTANTS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024

6.


Share capital

2024
2023
£
£
Allotted, called up and fully paid



25 (2023 - 25) Ordinary A shares of £1.00 each
25
25
25 (2023 - 25) Ordinary B shares of £1.00 each
25
25
25 (2023 - 25) Ordinary C shares of £1.00 each
25
25
25 (2023 - 25) Ordinary D shares of £1.00 each
25
25

100

100



7.


Related party transactions

Included within Other creditors is £193,721 (2023: £166,911) owed by the company to the directors.

Page 5