Caseware UK (AP4) 2023.0.135 2023.0.135 2024-05-312024-05-31true2023-06-01falseNo description of principal activity57trueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.false 07248056 2023-06-01 2024-05-31 07248056 2022-06-01 2023-05-31 07248056 2024-05-31 07248056 2023-05-31 07248056 c:Director1 2023-06-01 2024-05-31 07248056 c:RegisteredOffice 2023-06-01 2024-05-31 07248056 d:Buildings d:ShortLeaseholdAssets 2023-06-01 2024-05-31 07248056 d:Buildings d:ShortLeaseholdAssets 2024-05-31 07248056 d:Buildings d:ShortLeaseholdAssets 2023-05-31 07248056 d:PlantMachinery 2023-06-01 2024-05-31 07248056 d:PlantMachinery 2024-05-31 07248056 d:PlantMachinery 2023-05-31 07248056 d:PlantMachinery d:OwnedOrFreeholdAssets 2023-06-01 2024-05-31 07248056 d:MotorVehicles 2023-06-01 2024-05-31 07248056 d:MotorVehicles 2024-05-31 07248056 d:MotorVehicles 2023-05-31 07248056 d:MotorVehicles d:OwnedOrFreeholdAssets 2023-06-01 2024-05-31 07248056 d:OfficeEquipment 2023-06-01 2024-05-31 07248056 d:OfficeEquipment 2024-05-31 07248056 d:OfficeEquipment 2023-05-31 07248056 d:OfficeEquipment d:OwnedOrFreeholdAssets 2023-06-01 2024-05-31 07248056 d:OwnedOrFreeholdAssets 2023-06-01 2024-05-31 07248056 d:CurrentFinancialInstruments 2024-05-31 07248056 d:CurrentFinancialInstruments 2023-05-31 07248056 d:Non-currentFinancialInstruments 2024-05-31 07248056 d:Non-currentFinancialInstruments 2023-05-31 07248056 d:CurrentFinancialInstruments d:WithinOneYear 2024-05-31 07248056 d:CurrentFinancialInstruments d:WithinOneYear 2023-05-31 07248056 d:Non-currentFinancialInstruments d:AfterOneYear 2024-05-31 07248056 d:Non-currentFinancialInstruments d:AfterOneYear 2023-05-31 07248056 d:ShareCapital 2024-05-31 07248056 d:ShareCapital 2023-05-31 07248056 d:RetainedEarningsAccumulatedLosses 2024-05-31 07248056 d:RetainedEarningsAccumulatedLosses 2023-05-31 07248056 c:OrdinaryShareClass1 2023-06-01 2024-05-31 07248056 c:OrdinaryShareClass1 2024-05-31 07248056 c:OrdinaryShareClass1 2023-05-31 07248056 c:FRS102 2023-06-01 2024-05-31 07248056 c:AuditExempt-NoAccountantsReport 2023-06-01 2024-05-31 07248056 c:FullAccounts 2023-06-01 2024-05-31 07248056 c:PrivateLimitedCompanyLtd 2023-06-01 2024-05-31 07248056 d:PlantEquipmentOtherAssetsUnderOperatingLeases 2024-05-31 07248056 d:PlantEquipmentOtherAssetsUnderOperatingLeases 2023-05-31 07248056 d:PlantEquipmentOtherAssetsUnderOperatingLeases d:WithinOneYear 2024-05-31 07248056 d:PlantEquipmentOtherAssetsUnderOperatingLeases d:WithinOneYear 2023-05-31 07248056 e:PoundSterling 2023-06-01 2024-05-31 iso4217:GBP xbrli:shares xbrli:pure
Registered number: 07248056










TRICIA BRACEGIRDLE LTD
FINANCIAL STATEMENTS
For the year ended 31 May 2024

 
TRICIA BRACEGIRDLE LTD
 

COMPANY INFORMATION


Director
Patricia Bracegirdle 




Registered number
07248056



Registered office
1 Upper Green Bow Road
Stanford In The Vale

Faringdon

Oxfordshire

SN7 8HY




Accountants
EQ Accountants Limited
Chartered Accountants

14 City Quay

Dundee

DD1 3JA





 
TRICIA BRACEGIRDLE LTD
Registered number: 07248056

BALANCE SHEET
As at 31 May 2024

2024
2023
Note
£
£

Fixed assets
  

Tangible assets
 4 
118,073
18,563

  
118,073
18,563

Current assets
  

Stocks
  
93,601
145,750

Debtors: amounts falling due within one year
 5 
4,843
142,721

Bank and cash balances
  
97,770
46,213

  
196,214
334,684

Creditors: amounts falling due within one year
 6 
(145,899)
(197,208)

Net current assets
  
 
 
50,315
 
 
137,476

Total assets less current liabilities
  
168,388
156,039

Creditors: amounts falling due after more than one year
 7 
(125,992)
(64,335)

  

Net assets
  
42,396
91,704


Capital and reserves
  

Called up share capital 
 8 
1
1

Profit and loss account
  
42,395
91,703

  
42,396
91,704


Page 1

 
TRICIA BRACEGIRDLE LTD
Registered number: 07248056

BALANCE SHEET (CONTINUED)
As at 31 May 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 year in question in accordance with section 476 of the Companies Act 2006.

The director acknowledges her 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 on 20 February 2025.




Patricia Bracegirdle
Director

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

Page 2

 
TRICIA BRACEGIRDLE LTD
 

 
NOTES TO THE FINANCIAL STATEMENTS
For the year ended 31 May 2024

1.


GENERAL INFORMATION

Tricia Bracegirdle Ltd is a private company, limited by shares, incorporated in England with registration number 07248056. The registered office is 1 Upper Green Bow Road, Stanford In The Vale, Faringdon, Oxfordshire, SN7 8HY.
The Company's functional and presentational currency is GBP.

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

TURNOVER

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:

Sale of goods

Turnover from the sale of goods is recognised when all of the following conditions are satisfied:
the Company has transferred the significant risks and rewards of ownership to the buyer;
the Company retains neither continuing managerial involvement to the degree usually associated with ownership nor effective control over the goods sold;
the amount of turnover can be measured reliably;
it is probable that the Company will receive the consideration due under the transaction; and
the costs incurred or to be incurred in respect of the transaction can be measured reliably.

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.

Page 3

 
TRICIA BRACEGIRDLE LTD
 

 
NOTES TO THE FINANCIAL STATEMENTS
For the year ended 31 May 2024

2.ACCOUNTING POLICIES (CONTINUED)

 
2.3

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.

 
2.4

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


 
2.5

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.

Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, as follows.

Depreciation is provided on the following basis:

Short-term leasehold property
-
2%
Straight line
Plant and machinery
-
25%
Reducing balance
Motor vehicles
-
25%
Reducing balance
Office equipment
-
33%
Straight line

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.

Page 4

 
TRICIA BRACEGIRDLE LTD
 

 
NOTES TO THE FINANCIAL STATEMENTS
For the year ended 31 May 2024

2.ACCOUNTING POLICIES (CONTINUED)

 
2.6

STOCKS

Stocks are stated at the lower of cost and net realisable value, being the estimated selling price less costs to complete and sell. Cost is based on the cost of purchase on a first in, first out basis. Work in progress and finished goods include labour and attributable overheads.

At each balance sheet date, stocks are assessed for impairment. If stock is impaired, the carrying amount is reduced to its selling price less costs to complete and sell. The impairment loss is recognised immediately in profit or loss.


3.


EMPLOYEES

The average monthly number of employees, including directors, during the year was 5 (2023 - 7).


4.


TANGIBLE FIXED ASSETS





Short-term leasehold property
Plant and machinery
Motor vehicles
Office equipment
Total

£
£
£
£
£



COST OR VALUATION


At 1 June 2023
17,474
8,398
1,537
3,874
31,283


Additions
-
19,675
115,518
-
135,193



At 31 May 2024

17,474
28,073
117,055
3,874
166,476



DEPRECIATION


At 1 June 2023
2,035
7,373
1,537
1,775
12,720


Charge for the year on owned assets
349
5,175
28,880
1,279
35,683



At 31 May 2024

2,384
12,548
30,417
3,054
48,403



NET BOOK VALUE



At 31 May 2024
15,090
15,525
86,638
820
118,073



At 31 May 2023
15,439
1,025
-
2,099
18,563

Page 5

 
TRICIA BRACEGIRDLE LTD
 

 
NOTES TO THE FINANCIAL STATEMENTS
For the year ended 31 May 2024

5.


DEBTORS

2024
2023
£
£


Trade debtors
4,625
110,022

Other debtors
-
32,462

Prepayments and accrued income
218
237

4,843
142,721



6.


CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024
2023
£
£

Trade creditors
7,617
81,799

Accruals and deferred income
19,920
38,443

Other creditors
50,103
-

Other taxation and social security
33,067
60,434

Obligations under finance lease and hire purchase contracts
18,527
-

Bank loans
16,665
16,532

145,899
197,208



7.


CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2024
2023
£
£

Bank loans
47,536
64,335

Net obligations under finance leases and hire purchase contracts
78,456
-

125,992
64,335



8.


SHARE CAPITAL

2024
2023
£
£
ALLOTTED, CALLED UP AND FULLY PAID



1 (2023 - 1) Ordinary Shares share of £1.00
1
1


Page 6

 
TRICIA BRACEGIRDLE LTD
 

 
NOTES TO THE FINANCIAL STATEMENTS
For the year ended 31 May 2024

9.


COMMITMENTS UNDER OPERATING LEASES

At 31 May 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
-
16,818

-
16,818


Page 7