Caseware UK (AP4) 2023.0.135 2023.0.135 2024-12-312024-12-310Consultancyfalse2023-12-27false0falsetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. 15371658 2023-12-26 15371658 2023-12-27 2024-12-31 15371658 2022-12-27 2023-12-26 15371658 2024-12-31 15371658 c:Director1 2023-12-27 2024-12-31 15371658 d:FurnitureFittings 2023-12-27 2024-12-31 15371658 d:FurnitureFittings 2024-12-31 15371658 d:FurnitureFittings d:OwnedOrFreeholdAssets 2023-12-27 2024-12-31 15371658 d:CurrentFinancialInstruments 2024-12-31 15371658 d:CurrentFinancialInstruments d:WithinOneYear 2024-12-31 15371658 d:ShareCapital 2024-12-31 15371658 d:RetainedEarningsAccumulatedLosses 2024-12-31 15371658 c:OrdinaryShareClass1 2023-12-27 2024-12-31 15371658 c:OrdinaryShareClass1 2024-12-31 15371658 c:OrdinaryShareClass2 2023-12-27 2024-12-31 15371658 c:OrdinaryShareClass2 2024-12-31 15371658 c:FRS102 2023-12-27 2024-12-31 15371658 c:AuditExempt-NoAccountantsReport 2023-12-27 2024-12-31 15371658 c:FullAccounts 2023-12-27 2024-12-31 15371658 c:PrivateLimitedCompanyLtd 2023-12-27 2024-12-31 15371658 e:PoundSterling 2023-12-27 2024-12-31 xbrli:shares iso4217:GBP xbrli:pure

Registered number: 15371658









SPIKE MEARS LTD







UNAUDITED

FINANCIAL STATEMENTS

FOR THE PERIOD ENDED 31 DECEMBER 2024

 
SPIKE MEARS LTD
REGISTERED NUMBER: 15371658

BALANCE SHEET
AS AT 31 DECEMBER 2024

2024
Note
£

Fixed assets
  

Tangible assets
 4 
1,200

  
1,200

Current assets
  

Debtors: amounts falling due within one year
 5 
22,144

Cash at bank and in hand
 6 
582

  
22,726

Creditors: amounts falling due within one year
 7 
(19,452)

Net current assets
  
 
 
3,274

Total assets less current liabilities
  
4,474

  

Net assets
  
4,474


Capital and reserves
  

Called up share capital 
 8 
100

Profit and loss account
  
4,374

  
4,474


Page 1

 
SPIKE MEARS LTD
REGISTERED NUMBER: 15371658
    
BALANCE SHEET (CONTINUED)
AS AT 31 DECEMBER 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 period 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 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 25 February 2025.




................................................
Spike Mears
Director

The notes on pages 3 to 7 form part of these financial statements.

Page 2

 
SPIKE MEARS LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 DECEMBER 2024

1.


General information

The Company is a private company limited by share capital, incorporated in England and Wales. The principal activity of the Company throughout the year was that of consultancy. The Company was incorporated on 27th December 2023 and commenced trading on 14th January 2024.

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

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 balance sheet date in the countries where the Company operates and generates income.


 
2.4

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 3

 
SPIKE MEARS LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 DECEMBER 2024

2.Accounting policies (continued)


2.4
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:

Fixtures and fittings
-
20%
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.

 
2.5

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.

 
2.6

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.

 
2.7

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.

 
2.8

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 Company has no employees other than the director, who did not receive any remuneration.

Page 4

 
SPIKE MEARS LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 DECEMBER 2024

4.


Tangible fixed assets





Fixtures and fittings

£



Cost or valuation


Additions
1,500



At 31 December 2024

1,500



Depreciation


Charge for the period on owned assets
300



At 31 December 2024

300



Net book value



At 31 December 2024
1,200

Page 5

 
SPIKE MEARS LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 DECEMBER 2024

5.


Debtors

2024
£


Trade debtors
1,260

Other debtors
20,884

22,144



6.


Cash and cash equivalents

2024
£

Cash at bank and in hand
582

582



7.


Creditors: Amounts falling due within one year

2024
£

Corporation tax
17,309

Other taxation and social security
1,725

Accruals and deferred income
418

19,452


Page 6

 
SPIKE MEARS LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 DECEMBER 2024

8.


Share capital

2024
£
Allotted, called up and fully paid


51 Ordinary shares shares of £1.00 each
51
49 Ordinary shares A shares of £1.00 each
49

100


Upon incorporation, 1 Ordinary £1 share was issued at par. During the year, 50 Ordinary shares and 49 Ordinary A shares were issued at par


9.


Controlling party

The Company is controlled by the director, Spike Mears, by virtue of his shareholding as described in the director's report.

 
Page 7