Caseware UK (AP4) 2023.0.135 2023.0.135 2024-03-312024-03-31The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.true2023-04-01falseNo description of principal activity1212truefalse 12423310 2023-04-01 2024-03-31 12423310 2022-04-01 2023-03-31 12423310 2024-03-31 12423310 2023-03-31 12423310 c:Director1 2023-04-01 2024-03-31 12423310 d:MotorVehicles 2023-04-01 2024-03-31 12423310 d:MotorVehicles 2024-03-31 12423310 d:MotorVehicles 2023-03-31 12423310 d:MotorVehicles d:OwnedOrFreeholdAssets 2023-04-01 2024-03-31 12423310 d:FurnitureFittings 2023-04-01 2024-03-31 12423310 d:FurnitureFittings 2024-03-31 12423310 d:FurnitureFittings 2023-03-31 12423310 d:FurnitureFittings d:OwnedOrFreeholdAssets 2023-04-01 2024-03-31 12423310 d:OfficeEquipment 2023-04-01 2024-03-31 12423310 d:OfficeEquipment 2024-03-31 12423310 d:OfficeEquipment 2023-03-31 12423310 d:OfficeEquipment d:OwnedOrFreeholdAssets 2023-04-01 2024-03-31 12423310 d:ComputerEquipment 2023-04-01 2024-03-31 12423310 d:ComputerEquipment 2024-03-31 12423310 d:ComputerEquipment 2023-03-31 12423310 d:ComputerEquipment d:OwnedOrFreeholdAssets 2023-04-01 2024-03-31 12423310 d:OwnedOrFreeholdAssets 2023-04-01 2024-03-31 12423310 d:CurrentFinancialInstruments 2024-03-31 12423310 d:CurrentFinancialInstruments 2023-03-31 12423310 d:Non-currentFinancialInstruments 2024-03-31 12423310 d:Non-currentFinancialInstruments 2023-03-31 12423310 d:CurrentFinancialInstruments d:WithinOneYear 2024-03-31 12423310 d:CurrentFinancialInstruments d:WithinOneYear 2023-03-31 12423310 d:Non-currentFinancialInstruments d:AfterOneYear 2024-03-31 12423310 d:Non-currentFinancialInstruments d:AfterOneYear 2023-03-31 12423310 d:Non-currentFinancialInstruments d:MoreThanFiveYears 2024-03-31 12423310 d:Non-currentFinancialInstruments d:MoreThanFiveYears 2023-03-31 12423310 d:ShareCapital 2024-03-31 12423310 d:ShareCapital 2023-03-31 12423310 d:RetainedEarningsAccumulatedLosses 2024-03-31 12423310 d:RetainedEarningsAccumulatedLosses 2023-03-31 12423310 c:OrdinaryShareClass1 2023-04-01 2024-03-31 12423310 c:OrdinaryShareClass1 2024-03-31 12423310 c:OrdinaryShareClass1 2023-03-31 12423310 c:OrdinaryShareClass2 2023-04-01 2024-03-31 12423310 c:OrdinaryShareClass2 2024-03-31 12423310 c:OrdinaryShareClass2 2023-03-31 12423310 c:OrdinaryShareClass3 2023-04-01 2024-03-31 12423310 c:OrdinaryShareClass3 2024-03-31 12423310 c:FRS102 2023-04-01 2024-03-31 12423310 c:AuditExempt-NoAccountantsReport 2023-04-01 2024-03-31 12423310 c:FullAccounts 2023-04-01 2024-03-31 12423310 c:PrivateLimitedCompanyLtd 2023-04-01 2024-03-31 12423310 e:PoundSterling 2023-04-01 2024-03-31 iso4217:GBP xbrli:shares xbrli:pure

Registered number: 12423310









ACA LIVE LIMITED







UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 31 MARCH 2024

 
ACA LIVE LIMITED
REGISTERED NUMBER: 12423310

BALANCE SHEET
AS AT 31 MARCH 2024

2024
2023
Note
£
£

Fixed assets
  

Tangible assets
 4 
18,641
11,997

  
18,641
11,997

Current assets
  

Debtors: amounts falling due within one year
 5 
267,953
703,548

Cash at bank and in hand
 6 
624,852
441,386

  
892,805
1,144,934

Creditors: amounts falling due within one year
 7 
(596,862)
(761,686)

Net current assets
  
 
 
295,943
 
 
383,248

Total assets less current liabilities
  
314,584
395,245

Creditors: amounts falling due after more than one year
 8 
(93,750)
(156,250)

  

Net assets
  
220,834
238,995


Capital and reserves
  

Called up share capital 
 10 
111
100

Profit and loss account
  
220,723
238,895

  
220,834
238,995


Page 1

 
ACA LIVE LIMITED
REGISTERED NUMBER: 12423310
    
BALANCE SHEET (CONTINUED)
AS AT 31 MARCH 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 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 Goodman
Director

Date: 4 March 2025

The notes on pages 3 to 8 form part of these financial statements.

Page 2

 
ACA LIVE LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024

1.


General information

ACA Live Limited is a private company, limited by shares and incorporated in England & Wales (registered number: 12423310).
The Company's registered office is 101 New Cavendish Street, London W1W 6XH, and the principal place of business address is 8 Theobald Street, Borehamwood, Herts, WD6 4SE. 
The principal activity of the Company is event management.

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

Foreign currency translation

Functional and presentation currency

The Company's functional and presentational currency is GBP.

Transactions and balances

Foreign currency transactions are translated into the functional currency using the spot exchange rates at the dates of the transactions.

At each period end foreign currency monetary items are translated using the closing rate. Non-monetary items measured at historical cost are translated using the exchange rate at the date of the transaction and non-monetary items measured at fair value are measured using the exchange rate when fair value was determined.

Foreign exchange gains and losses resulting from the settlement of transactions and from the translation at period-end exchange rates of monetary assets and liabilities denominated in foreign currencies are recognised in profit or loss except when deferred in other comprehensive income as qualifying cash flow hedges.

Page 3

 
ACA LIVE LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024

2.Accounting policies (continued)

 
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.

 
2.4

Borrowing costs

All borrowing costs are recognised in profit or loss in the year in which they are incurred.

 
2.5

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.

 
2.6

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.

Page 4

 
ACA LIVE LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024

2.Accounting policies (continued)

 
2.7

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.

        Depreciation is provided on the following basis:

Motor vehicles
-
25%
straight line
Fixtures and fittings
-
25%
reducing balance
Office equipment
-
25%
reducing balance
Computer equipment
-
25%
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.

 
2.8

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.

 
2.9

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.

 
2.10

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.


3.


Employees

The average monthly number of employees, including directors, during the year was 12 (2023 - 12).

Page 5

 
ACA LIVE LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024

4.


Tangible fixed assets





Motor vehicles
Fixtures and fittings
Office equipment
Computer equipment
Total

£
£
£
£
£



Cost or valuation


At 1 April 2023
3,019
7,627
1,100
11,695
23,441


Additions
12,250
-
-
-
12,250



At 31 March 2024

15,269
7,627
1,100
11,695
35,691



Depreciation


At 1 April 2023
2,264
3,835
636
4,708
11,443


Charge for the year on owned assets
2,796
948
116
1,747
5,607



At 31 March 2024

5,060
4,783
752
6,455
17,050



Net book value



At 31 March 2024
10,209
2,844
348
5,240
18,641



At 31 March 2023
755
3,791
464
6,987
11,997

Page 6

 
ACA LIVE LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024

5.


Debtors

2024
2023
£
£


Trade debtors
250,973
685,373

Other debtors
8,500
8,500

Prepayments and accrued income
8,480
9,675

267,953
703,548



6.


Cash and cash equivalents

2024
2023
£
£

Cash at bank and in hand
624,852
441,386

624,852
441,386



7.


Creditors: Amounts falling due within one year

2024
2023
£
£

Trade creditors
82,687
385,220

Corporation tax
38,334
82,506

Other taxation and social security
214,149
47,176

Other creditors
257,692
242,784

Accruals and deferred income
4,000
4,000

596,862
761,686



8.


Creditors: Amounts falling due after more than one year

2024
2023
£
£

Bank loans
93,750
156,250

93,750
156,250


Page 7

 
ACA LIVE LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024

9.


Loans


Analysis of the maturity of loans is given below:


2024
2023
£
£

Amounts falling due after more than 5 years

Bank loans
93,750
156,250

93,750
156,250



10.


Share capital

2024
2023
£
£
Allotted, called up and fully paid



5,000 (2023 - 50) A Ordinary shares of £0.01 each
50
50
5,000 (2023 - 50) B Ordinary shares of £0.01 each
50
50
1,111 (2023 - nil ) C Ordinary shares of £0.01 each
11
-

111

100


During the year, the 50 A Ordinary shares, and 50 B Ordinary shares of £1 nominal value were subdivided into 5,000 A Ordinary shares and 5,000 B Ordinary shares of £0.01 nominal value each, and 1,111 C Ordinary shares of £0.01 each were issued at par value.

 
Page 8