Caseware UK (AP4) 2023.0.135 2023.0.135 2024-07-312024-07-31false2023-08-01false4falseNo description of principal activity4trueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. 03076007 2023-08-01 2024-07-31 03076007 2024-07-31 03076007 2022-08-01 2023-07-31 03076007 2023-07-31 03076007 c:CompanySecretary1 2023-08-01 2024-07-31 03076007 c:Director1 2023-08-01 2024-07-31 03076007 c:Director2 2023-08-01 2024-07-31 03076007 c:Director3 2023-08-01 2024-07-31 03076007 c:Director4 2023-08-01 2024-07-31 03076007 c:RegisteredOffice 2023-08-01 2024-07-31 03076007 c:Agent1 2023-08-01 2024-07-31 03076007 d:ComputerEquipment 2023-08-01 2024-07-31 03076007 d:OtherPropertyPlantEquipment 2024-07-31 03076007 d:OtherPropertyPlantEquipment 2023-07-31 03076007 d:OtherPropertyPlantEquipment d:OwnedOrFreeholdAssets 2023-08-01 2024-07-31 03076007 d:FreeholdInvestmentProperty 2024-07-31 03076007 d:FreeholdInvestmentProperty 2023-07-31 03076007 d:CurrentFinancialInstruments 2024-07-31 03076007 d:CurrentFinancialInstruments 2023-07-31 03076007 d:CurrentFinancialInstruments d:WithinOneYear 2024-07-31 03076007 d:CurrentFinancialInstruments d:WithinOneYear 2023-07-31 03076007 d:ShareCapital 2024-07-31 03076007 d:ShareCapital 2023-07-31 03076007 d:RetainedEarningsAccumulatedLosses 2024-07-31 03076007 d:RetainedEarningsAccumulatedLosses 2023-07-31 03076007 c:FRS102 2023-08-01 2024-07-31 03076007 c:AuditExempt-NoAccountantsReport 2023-08-01 2024-07-31 03076007 c:FullAccounts 2023-08-01 2024-07-31 03076007 c:PrivateLimitedCompanyLtd 2023-08-01 2024-07-31 03076007 e:PoundSterling 2023-08-01 2024-07-31 iso4217:GBP xbrli:pure
Company registration number: 03076007







UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED
31 JULY 2024


MERRICK LIMITED






































img531d.png                        

 


MERRICK LIMITED
 


 
COMPANY INFORMATION


Directors
Ms E. C. Drummond 
Mr D. J. Cooper 
Ms F. M. Cooper 
Mr S. J. Cooper 




Company secretary
Mr S. J. Cooper



Registered number
03076007



Registered office
25 Leys Avenue

Cambridge

England

CB4 2AN




Trading Address
The Old Hayloft
28 Headley Road

Grayshott

Hindhead

Surrey

GU26 6LD






Accountants
Menzies LLP
Chartered Accountants

Victoria House

50-58 Victoria Road

Farnborough

Hampshire

GU14 7PG









 


MERRICK LIMITED
 



CONTENTS



Page
Statement of Financial Position
1 - 2
Notes to the Financial Statements
3 - 5


 


MERRICK LIMITED
REGISTERED NUMBER:03076007



STATEMENT OF FINANCIAL POSITION
AS AT 31 JULY 2024

2024
2023
Note
£
£

Fixed assets
  

Tangible assets
 4 
56
83

Investment property
 5 
450,000
450,000

  
450,056
450,083

Current assets
  

Debtors: amounts falling due within one year
 6 
8,255
9,931

Cash at bank and in hand
  
83,162
66,756

  
91,417
76,687

Creditors: amounts falling due within one year
 7 
(20,688)
(18,299)

Net current assets
  
 
 
70,729
 
 
58,388

Total assets less current liabilities
  
520,785
508,471

Provisions for liabilities
  

Deferred tax
  
(22,947)
(22,952)

  
 
 
(22,947)
 
 
(22,952)

Net assets
  
497,838
485,519


Capital and reserves
  

Called up share capital 
  
4
4

Profit and loss account
  
497,834
485,515

  
497,838
485,519


Page 1

 


MERRICK LIMITED
REGISTERED NUMBER:03076007


    
STATEMENT OF FINANCIAL POSITION (CONTINUED)
AS AT 31 JULY 2024

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 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 by: 



................................................
Mr S. J. Cooper
Director
Date: 3 March 2025

The notes on pages 3 to 5 form part of these financial statements.

Page 2

 


MERRICK LIMITED
 


 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JULY 2024

1.


General information

Merrick Limited is a private company limited by shares, registered in England. The address of its registered office, which is the principal place of business, is disclosed on the company information page.

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 rents receivable, excluding discounts, rebates, value added tax and other sales taxes. 

 
2.3

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, on a reducing balance basis.

Depreciation is provided on the following basis:

Computer equipment
-
33%
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.

 
2.4

Investment property

Investment property is carried at fair value determined annually by the directors and derived from the current market rents and investment property yields for comparable real estate, adjusted if necessary for any difference in the nature, location or condition of the specific asset. No depreciation is provided. Changes in fair value are recognised in profit or loss.


3.


Employees




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

Page 3

 


MERRICK LIMITED
 


 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JULY 2024

4.


Tangible fixed assets






£



Cost


At 1 August 2023
1,386



At 31 July 2024

1,386



Depreciation


At 1 August 2023
1,303


Charge for the year on owned assets
27



At 31 July 2024

1,330



Net book value



At 31 July 2024
56



At 31 July 2023
83


5.


Investment property


Freehold investment property

£



Valuation


At 1 August 2023
450,000



At 31 July 2024
450,000

The 2024 valuations were made by the directors, on an open market value for existing use basis.







Page 4

 


MERRICK LIMITED
 


 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JULY 2024

6.


Debtors

2024
2023
£
£


Trade debtors
8,157
9,839

Prepayments and accrued income
98
92

8,255
9,931



7.


Creditors: Amounts falling due within one year

2024
2023
£
£

Trade creditors
4,880
-

Corporation tax
2,899
5,895

Other taxation and social security
2,068
2,012

Other creditors
1,530
1,530

Accruals and deferred income
9,311
8,862

20,688
18,299


 
Page 5