Caseware UK (AP4) 2024.0.164 2024.0.164 2024-05-312024-05-31falsefalse2023-06-01falseThe principal activity of the company during the year was that of property refurbishments, kitchen design and installation.44trueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. 14138171 2023-06-01 2024-05-31 14138171 2022-05-27 2023-05-31 14138171 2024-05-31 14138171 2023-05-31 14138171 c:Director3 2023-06-01 2024-05-31 14138171 d:CurrentFinancialInstruments 2024-05-31 14138171 d:CurrentFinancialInstruments 2023-05-31 14138171 d:CurrentFinancialInstruments d:WithinOneYear 2024-05-31 14138171 d:CurrentFinancialInstruments d:WithinOneYear 2023-05-31 14138171 d:ShareCapital 2024-05-31 14138171 d:ShareCapital 2023-05-31 14138171 d:RetainedEarningsAccumulatedLosses 2024-05-31 14138171 d:RetainedEarningsAccumulatedLosses 2023-05-31 14138171 c:FRS102 2023-06-01 2024-05-31 14138171 c:AuditExempt-NoAccountantsReport 2023-06-01 2024-05-31 14138171 c:FullAccounts 2023-06-01 2024-05-31 14138171 c:PrivateLimitedCompanyLtd 2023-06-01 2024-05-31 14138171 e:PoundSterling 2023-06-01 2024-05-31 iso4217:GBP xbrli:pure
Registered number: 14138171














ANTHONY SPENCER PROJECTS LTD
UNAUDITED
FINANCIAL STATEMENTS
INFORMATION FOR FILING WITH THE REGISTRAR
FOR THE YEAR ENDED 31 MAY 2024

 
ANTHONY SPENCER PROJECTS LTD
 

CONTENTS



Page
Statement of Financial Position
 
 
1
Notes to the Financial Statements
 
 
2 - 4


 
ANTHONY SPENCER PROJECTS LTD
REGISTERED NUMBER:14138171

STATEMENT OF FINANCIAL POSITION
AS AT 31 MAY 2024

2024
2023
Note
£
£

Current assets
  

Debtors: amounts falling due within one year
 4 
12,298
100

Cash at bank and in hand
  
4,141
-

  
16,439
100

Current liabilites
  

Creditors: amounts falling due within one year
 5 
(10,501)
-

Total assets less current liabilities
  
 
 
5,938
 
 
100

Net assets
  
5,938
100


Capital and reserves
  

Called up share capital 
  
100
100

Profit and loss account
  
5,838
-

  
5,938
100


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: 




A J Whitaker Stavrou
Director

Date: 25 February 2025

The notes on pages 2 to 4 form part of these financial statements.

Page 1

 
ANTHONY SPENCER PROJECTS LTD
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MAY 2024

1.


General information

Anthony Spencer Projects Ltd is a private company limited by shares incorporated in England and Wales. The registered office is 5 Elstree Gate, Elstree Way, Borehamwood, Hertfordshire, United Kingdom, WD6 1JD.
The principal activity of the company during the year was that of property refurbishments, kitchen design and installation.
The company's functional and presentational currency is £ Sterling.

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 represents net invoiced sales of services, excluding vat added tax. Turnover is recognised at the point of provision of the service.

 
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 reporting date in the countries where the Company operates and generates income.


 
2.4

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.

 
2.5

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.

Page 2

 
ANTHONY SPENCER PROJECTS LTD
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MAY 2024

2.Accounting policies (continued)

 
2.6

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.

 
2.7

Financial instruments

Basic financial assets

Basic financial assets, which include trade and other debtors, cash and bank balances, are initially measured at their transaction price (adjusted for transaction costs except in the initial measurement of financial assets that are subsequently measured at fair value through profit and loss) 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 debtors due with the operating cycle fall into this category of financial instruments.

Financial liabilities

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the Company after the deduction of all its liabilities.

Basic financial liabilities, which include trade and other creditors, bank loans and other loans are initially measured at their transaction price (adjusting for transaction costs except in the initial measurement of financial liabilities that are subsequently measured at fair value through profit and loss). When this constitutes a financing transaction, whereby the debt instrument is measured at the present value of the future payments discounted at a market rate of interest, discounting is omitted where the effect of discounting is immaterial.

Debt instruments are subsequently carried at their amortised cost using the effective interest rate method.

Trade creditors are obligations to pay for goods and services that have been acquired in the ordinary course of business from suppliers. Trade creditors are classified as current liabilities if the payment is due within one year. If not, they represent non-current liabilities. Trade creditors are initially recognised at their transaction price and subsequently are measured at amortised cost using the effective interest method. Discounting is omitted where the effect of discounting is immaterial.


3.


Employees

The average monthly number of employees, including directors, during the year was 4 (2023 - 4).

Page 3

 
ANTHONY SPENCER PROJECTS LTD
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MAY 2024

4.


Debtors

2024
2023
£
£


Other debtors
12,298
100



5.


Creditors: Amounts falling due within one year

2024
2023
£
£

Corporation tax
1,370
-

Other creditors
1,000
-

Accruals and deferred income
8,131
-

10,501
-



6.


Related party transactions

Included within other creditors is a balance of £1,000 owed to a director. This amount is interest free and is repayable on demand.

 
Page 4