Caseware UK (AP4) 2023.0.135 2023.0.135 2024-07-312024-07-31No description of principal activityfalse2023-06-0122truetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.false 13371838 2023-06-01 2024-07-31 13371838 2022-06-01 2023-05-31 13371838 2024-07-31 13371838 2023-05-31 13371838 c:Director3 2023-06-01 2024-07-31 13371838 d:OfficeEquipment 2023-06-01 2024-07-31 13371838 d:OfficeEquipment 2024-07-31 13371838 d:OfficeEquipment 2023-05-31 13371838 d:CurrentFinancialInstruments 2024-07-31 13371838 d:CurrentFinancialInstruments 2023-05-31 13371838 d:CurrentFinancialInstruments d:WithinOneYear 2024-07-31 13371838 d:CurrentFinancialInstruments d:WithinOneYear 2023-05-31 13371838 d:ShareCapital 2024-07-31 13371838 d:ShareCapital 2023-05-31 13371838 d:RetainedEarningsAccumulatedLosses 2024-07-31 13371838 d:RetainedEarningsAccumulatedLosses 2023-05-31 13371838 c:FRS102 2023-06-01 2024-07-31 13371838 c:AuditExemptWithAccountantsReport 2023-06-01 2024-07-31 13371838 c:FullAccounts 2023-06-01 2024-07-31 13371838 c:PrivateLimitedCompanyLtd 2023-06-01 2024-07-31 13371838 2 2023-06-01 2024-07-31 13371838 e:PoundSterling 2023-06-01 2024-07-31 iso4217:GBP xbrli:pure

Registered number: 13371838










ALLGOODSCO LTD








UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE PERIOD ENDED 31 JULY 2024

 
ALLGOODSCO LTD
 
 
  
CHARTERED ACCOUNTANTS' REPORT TO THE BOARD OF DIRECTORS ON THE PREPARATION OF THE UNAUDITED STATUTORY FINANCIAL STATEMENTS OF ALLGOODSCO LTD
FOR THE PERIOD ENDED 31 JULY 2024

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Allgoodsco Ltd for the period ended 31 July 2024 which comprise  the Balance sheet and the related notes from the Company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW)we are subject to its ethical and other professional requirements which are detailed at https://www.icaew.com /regulation.

This report is made solely to the Board of directors of Allgoodsco Ltd, as a body, in accordance with the terms of our engagement letter. Our work has been undertaken solely to prepare for your approval the financial statements of Allgoodsco Ltd and state those matters that we have agreed to state to the Board of directors of Allgoodsco Ltd, as a body, in this report in accordance with ICAEW Technical Release TECH07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Allgoodsco Ltd and its Board of directors, as a body, for our work or for this report. 

It is your duty to ensure that Allgoodsco Ltd has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Allgoodsco Ltd. You consider that Allgoodsco Ltd is exempt from the statutory audit requirement for the period.

We have not been instructed to carry out an audit or review of the financial statements of Allgoodsco Ltd. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.

  



J & S Accountants Limited
 
Chartered Accountants
  
6 Northlands Road
Southampton
SO15 2LF
4 March 2025
Page 1

 
ALLGOODSCO LTD
REGISTERED NUMBER: 13371838

BALANCE SHEET
AS AT 31 JULY 2024

31 July
31 May
2024
2023
Note
£
£

Fixed assets
  

Tangible assets
 4 
-
1,447

  
-
1,447

Current assets
  

Debtors: amounts falling due within one year
 5 
86
1,224

Cash at bank and in hand
 6 
5,006
1,066

  
5,092
2,290

Creditors: amounts falling due within one year
 7 
(7,415)
(12,473)

Net current liabilities
  
 
 
(2,323)
 
 
(10,183)

Total assets less current liabilities
  
(2,323)
(8,736)

  

Net liabilities
  
(2,323)
(8,736)


Capital and reserves
  

Called up share capital 
  
100
100

Profit and loss account
  
(2,423)
(8,836)

  
(2,323)
(8,736)


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 period 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 profit and loss account 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 4 March 2025.


Page 2

 
ALLGOODSCO LTD
REGISTERED NUMBER: 13371838
    
BALANCE SHEET (CONTINUED)
AS AT 31 JULY 2024



C Senior
Director

The notes on pages 4 to 7 form part of these financial statements.

Page 3

 
ALLGOODSCO LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 JULY 2024

1.


General information

Allgoodsco Ltd is a private company, limited by shares and registered in England and Wales.

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

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:

Sale of goods

Revenue from the sale of goods is recognised when all of the following conditions are satisfied:
the Company has transferred the significant risks and rewards of ownership to the buyer;
the Company retains neither continuing managerial involvement to the degree usually associated with ownership nor effective control over the goods sold;
the amount of revenue can be measured reliably;
it is probable that the Company will receive the consideration due under the transaction; and
the costs incurred or to be incurred in respect of the transaction can be measured reliably.

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

 
ALLGOODSCO LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 JULY 2024

2.Accounting policies (continued)

 
2.3

Operating leases: the Company as lessee

Rentals paid under operating leases are charged to profit or loss on a straight-line basis over the lease term.

Benefits received and receivable as an incentive to sign an operating lease are recognised on a straight-line basis over the lease term, unless another systematic basis is representative of the time pattern of the lessee's benefit from the use of the leased asset.

 
2.4

Interest income

Interest income is recognised in profit or loss using the effective interest method.

 
2.5

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:

Office equipment
-
25%

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.

 
2.6

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.

 
2.7

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.

 
2.8

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.

Page 5

 
ALLGOODSCO LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 JULY 2024

3.


Employees

The average monthly number of employees, including directors, during the period was 2 (2023 - 2).


4.


Tangible fixed assets







Office equipment

£





At 1 June 2023
2,835


Disposals
(2,835)



At 31 July 2024

-





At 1 June 2023
1,388


Disposals
(1,388)



At 31 July 2024

-



Net book value



At 31 July 2024
-



At 31 May 2023
1,447


5.


Debtors

31 July
31 May
2024
2023
£
£


Trade debtors
-
1,183

Other debtors
86
41

86
1,224


Page 6

 
ALLGOODSCO LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 JULY 2024

6.


Cash and cash equivalents

31 July
31 May
2024
2023
£
£

Cash at bank and in hand
5,006
1,066

5,006
1,066



7.


Creditors: Amounts falling due within one year

31 July
31 May
2024
2023
£
£

Other taxation and social security
-
996

Other creditors
6,932
11,477

Accruals and deferred income
483
-

7,415
12,473


 
Page 7