Caseware UK (AP4) 2024.0.164 2024.0.164 2024-05-312024-05-31false1Human resources provision and management of human resources functionstrue2023-06-01false1trueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. 14107608 2023-05-31 14107608 2023-06-01 2024-05-31 14107608 2022-05-15 2023-05-31 14107608 2024-05-31 14107608 c:Director1 2023-06-01 2024-05-31 14107608 d:OfficeEquipment 2023-06-01 2024-05-31 14107608 d:OfficeEquipment 2024-05-31 14107608 d:OfficeEquipment 2023-05-31 14107608 d:OfficeEquipment d:OwnedOrFreeholdAssets 2023-06-01 2024-05-31 14107608 d:CurrentFinancialInstruments 2024-05-31 14107608 d:CurrentFinancialInstruments 2023-05-31 14107608 d:CurrentFinancialInstruments d:WithinOneYear 2024-05-31 14107608 d:ShareCapital 2024-05-31 14107608 d:RetainedEarningsAccumulatedLosses 2024-05-31 14107608 c:FRS102 2023-06-01 2024-05-31 14107608 c:AuditExempt-NoAccountantsReport 2023-06-01 2024-05-31 14107608 c:FullAccounts 2023-06-01 2024-05-31 14107608 c:PrivateLimitedCompanyLtd 2023-06-01 2024-05-31 14107608 e:PoundSterling 2023-06-01 2024-05-31 iso4217:GBP xbrli:pure

Registered number: 14107608










JUTLA CONSULTING LTD








UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 31 MAY 2024

 
JUTLA CONSULTING LTD
 
 
INCOME STATEMENT
FOR THE YEAR ENDED 31 MAY 2024

2024
2023
£
£

  

Turnover
  
5,000
-

Gross profit
  
5,000
-

Administrative expenses
  
(2,483)
-

Operating profit
  
2,517
-

Tax on profit
  
(478)
-

  
2,039
-

The notes on pages 4 to 8 form part of these financial statements.

Page 1

 
JUTLA CONSULTING LTD
REGISTERED NUMBER: 14107608

STATEMENT OF FINANCIAL POSITION
AS AT 31 MAY 2024

2024
£

Fixed assets
  

Tangible assets
  
113

  
113

Current assets
  

Debtors: amounts falling due within one year
  
929

Cash at bank and in hand
  
2

  
931

Creditors: amounts falling due within one year
  
(982)

Net current (liabilities)/assets
  
 
 
(51)

Total assets less current liabilities
  
62

Provisions for liabilities
  

Deferred tax
  
(22)

  
 
 
(22)

Net assets
  
40


Capital and reserves
  

Called up share capital 
  
1

Profit and loss account
  
39

  
40


Page 2

 
JUTLA CONSULTING LTD
REGISTERED NUMBER: 14107608
    
STATEMENT OF FINANCIAL POSITION (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 financial statements were approved and authorised for issue by the board and were signed on its behalf on 25 February 2025.




N Y Jutla
Director

The notes on pages 4 to 8 form part of these financial statements.

Page 3

 
JUTLA CONSULTING LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MAY 2024

1.Accounting policies

 
1.1

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:

 
1.2

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.

Page 4

 
JUTLA CONSULTING LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MAY 2024

1.Accounting policies (continued)

 
1.3

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 reporting 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 reporting 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 reporting date.


 
1.4

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.

Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, using the straight-line method.

Depreciation is provided on the following basis:

Office equipment
-
33%

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.

 
1.5

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.

Page 5

 
JUTLA CONSULTING LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MAY 2024

1.Accounting policies (continued)

 
1.6

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.

 
1.7

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.

 
1.8

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.

 
1.9

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.


2.


General information

The company is a private company, limited by shares and registered in England.
Its registered number is: 14107608
Its Registered Office is:
First Floor
28 Whitehorse Street
Baldock
Hertfordshire
SG7 6QQ


3.


Judgements in applying accounting policies and key sources of estimation uncertainty

There have been no significant judgements made by management in preparing these financial statements.

Page 6

 
JUTLA CONSULTING LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MAY 2024

4.


Employees

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


5.


Tangible fixed assets





Office equipment

£



Cost or valuation


Additions
169



At 31 May 2024

169



Depreciation


Charge for the year on owned assets
56



At 31 May 2024

56



Net book value



At 31 May 2024
113



At 31 May 2023
-


6.


Debtors

2024
2023
£
£


Other debtors
929
-

929
-


Page 7

 
JUTLA CONSULTING LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MAY 2024

7.


Creditors: Amounts falling due within one year

2024
2023
£
£

Trade creditors
226
-

Corporation tax
456
-

Accruals and deferred income
300
-

982
-



8.


Related party transactions

The amount due from the director N Jutla, and included in other debtors at the reporting date, was £929.  The loan does not attract a rate of interest and is repayable on demand.

 
Page 8