Caseware UK (AP4) 2023.0.135 2023.0.135 2024-05-312024-05-31The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.12023-06-01falseNo description of principal activity1truetrue 06917110 2023-06-01 2024-05-31 06917110 2022-06-01 2023-05-31 06917110 2024-05-31 06917110 2023-05-31 06917110 c:Director1 2023-06-01 2024-05-31 06917110 d:PlantMachinery 2023-06-01 2024-05-31 06917110 d:PlantMachinery 2024-05-31 06917110 d:PlantMachinery 2023-05-31 06917110 d:FurnitureFittings 2023-06-01 2024-05-31 06917110 d:FurnitureFittings 2024-05-31 06917110 d:FurnitureFittings 2023-05-31 06917110 d:CurrentFinancialInstruments 2024-05-31 06917110 d:CurrentFinancialInstruments 2023-05-31 06917110 d:CurrentFinancialInstruments d:WithinOneYear 2024-05-31 06917110 d:CurrentFinancialInstruments d:WithinOneYear 2023-05-31 06917110 d:ShareCapital 2024-05-31 06917110 d:ShareCapital 2023-05-31 06917110 d:RetainedEarningsAccumulatedLosses 2024-05-31 06917110 d:RetainedEarningsAccumulatedLosses 2023-05-31 06917110 c:FRS102 2023-06-01 2024-05-31 06917110 c:AuditExempt-NoAccountantsReport 2023-06-01 2024-05-31 06917110 c:FullAccounts 2023-06-01 2024-05-31 06917110 c:PrivateLimitedCompanyLtd 2023-06-01 2024-05-31 06917110 e:PoundSterling 2023-06-01 2024-05-31 iso4217:GBP xbrli:pure

Registered number: 06917110









EARLSBURY LIMITED







UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 31 MAY 2024

 
EARLSBURY LIMITED
REGISTERED NUMBER: 06917110

STATEMENT OF FINANCIAL POSITION
AS AT 31 MAY 2024

2024
2023
Note
£
£

Fixed assets
  

Tangible assets
 3 
3,875
2,801

  
3,875
2,801

Current assets
  

Debtors: amounts falling due within one year
 4 
7,160
40,410

Cash at bank and in hand
  
23,525
55,047

  
30,685
95,457

Creditors: amounts falling due within one year
 5 
(160,049)
(173,668)

Net current liabilities
  
 
 
(129,364)
 
 
(78,211)

Total assets less current liabilities
  
(125,489)
(75,410)

  

Net liabilities
  
(125,489)
(75,410)


Capital and reserves
  

Called up share capital 
  
100
100

Profit and loss account
  
(125,589)
(75,510)

  
(125,489)
(75,410)


Page 1

 
EARLSBURY LIMITED
REGISTERED NUMBER: 06917110
    
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 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 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 25 February 2025.




A Howard
Director

The notes on pages 3 to 6 form part of these financial statements.

Page 2

 
EARLSBURY LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MAY 2024

1.


Statutory information

Earlsbury Limited is a company limited by shares and incorporated in England. Its registered office is at 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 Section 1A of Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006.

The following principal accounting policies have been applied:

 
2.2

Going concern

The Financial statements have been prepared on a going concern basis which assumed that the company will continue in operational existence for the foreseeable future.
.
At the balance sheet date, the company's liabilities exceed its assets. The company has received assurance from its director that he will continue to give full financial support to the company for next twelve months.

 
2.3

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 3

 
EARLSBURY LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MAY 2024

2.Accounting policies (continued)

 
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.

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:

Plant and machinery
-
33%
Straight Line Method
Fixtures and fittings
-
33%
Straight Line Method

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

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.

Page 4

 
EARLSBURY LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MAY 2024

3.


Tangible fixed assets





Plant and machinery
Fixtures and fittings
Total

£
£
£



Cost or valuation


At 1 June 2023
6,230
4,295
10,525


Additions
1,074
-
1,074



At 31 May 2024

7,304
4,295
11,599



Depreciation


At 1 June 2023
3,429
4,295
7,724



At 31 May 2024

3,429
4,295
7,724



Net book value



At 31 May 2024
3,875
-
3,875



At 31 May 2023
2,801
-
2,801


4.


Debtors

2024
2023
£
£


Trade debtors
7,160
4,200

Other debtors
-
36,210

7,160
40,410


Page 5

 
EARLSBURY LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MAY 2024

5.


Creditors: Amounts falling due within one year

2024
2023
£
£

Trade creditors
291
5,789

Other taxation and social security
16,900
18,380

Other creditors
140,283
139,699

Accruals and deferred income
2,575
9,800

160,049
173,668




 
Page 6