Caseware UK (AP4) 2023.0.135 2023.0.135 2024-03-312024-03-312023-04-01The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.2falsetrue2music productiontrue 04171256 2023-04-01 2024-03-31 04171256 2022-04-01 2023-03-31 04171256 2024-03-31 04171256 2023-03-31 04171256 c:Director1 2023-04-01 2024-03-31 04171256 d:CurrentFinancialInstruments 2024-03-31 04171256 d:CurrentFinancialInstruments 2023-03-31 04171256 d:CurrentFinancialInstruments d:WithinOneYear 2024-03-31 04171256 d:CurrentFinancialInstruments d:WithinOneYear 2023-03-31 04171256 d:ShareCapital 2024-03-31 04171256 d:ShareCapital 2023-03-31 04171256 d:RetainedEarningsAccumulatedLosses 2024-03-31 04171256 d:RetainedEarningsAccumulatedLosses 2023-03-31 04171256 c:FRS102 2023-04-01 2024-03-31 04171256 c:AuditExempt-NoAccountantsReport 2023-04-01 2024-03-31 04171256 c:FullAccounts 2023-04-01 2024-03-31 04171256 c:PrivateLimitedCompanyLtd 2023-04-01 2024-03-31 04171256 2 2023-04-01 2024-03-31 iso4217:GBP xbrli:pure

Registered number: 04171256










STEEL PULSE LIMITED








UNAUDITED

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2024

 
STEEL PULSE LIMITED
 

CONTENTS



Page
Balance sheet
 
1
Notes to the financial statements
 
2 - 3

 
STEEL PULSE LIMITED
REGISTERED NUMBER: 04171256

BALANCE SHEET
AS AT 31 MARCH 2024

2024
2023
Note
£
£

  

Current assets
  

Debtors
 4 
30,505
30,913

Cash at bank and in hand
  
2,963
1,611

  
33,468
32,524

Creditors: amounts falling due within one year
 5 
(33,670)
(29,346)

Net current (liabilities)/assets
  
 
 
(202)
 
 
3,178

  

Net (liabilities)/assets
  
(202)
3,178


Capital and reserves
  

Called up share capital 
  
2
2

Profit and loss account
  
(204)
3,176

  
(202)
3,178


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 on 27 February 2025.




D R Hinds
Director

The notes on pages 2 to 3 form part of these financial statements.

Page 1

 
STEEL PULSE LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024

1.


General information

Steel Pulse Limited is a limited liability company incorporated in England and Wales. Its registered office address is 133 Stoneleigh Road, Birmingham, England, B20 3AS.

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 company is dependent on support from its associated companies and its directors. Without the support of its associated companies and directors the company would not continue to trade as a going concern. The directors therefore consider it appropriate to prepare the financial statements on the going concern basis.

 
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

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.

 
2.5

Financial instruments

The Company only enters into basic financial instrument transactions that result in the recognition of financial assets and liabilities like trade and other debtors and creditors, loans from banks and other third parties, loans to related parties and investments in ordinary shares.

Page 2

 
STEEL PULSE LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 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

Interest income

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


3.


Employees

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


4.


Debtors

2024
2023
£
£


Amounts owed by associated undertakings
24,837
24,837

Other debtors
5,668
6,076

30,505
30,913



5.


Creditors: Amounts falling due within one year

2024
2023
£
£

Trade creditors
6,190
-

Amounts owed to associated undertakings
22,530
22,530

Accruals and deferred income
4,950
6,816

33,670
29,346



6.


Controlling party

The directors consider there is no overall controlling party.
 
Page 3