Caseware UK (AP4) 2023.0.135 2023.0.135 2024-06-302024-06-301The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.2023-07-01falseNo description of principal activity1falsetruefalse SC380176 2023-07-01 2024-06-30 SC380176 2022-07-01 2023-06-30 SC380176 2024-06-30 SC380176 2023-06-30 SC380176 c:Director1 2023-07-01 2024-06-30 SC380176 c:RegisteredOffice 2023-07-01 2024-06-30 SC380176 d:FurnitureFittings 2023-07-01 2024-06-30 SC380176 d:FurnitureFittings 2024-06-30 SC380176 d:FurnitureFittings 2023-06-30 SC380176 d:FurnitureFittings d:OwnedOrFreeholdAssets 2023-07-01 2024-06-30 SC380176 d:OfficeEquipment 2023-07-01 2024-06-30 SC380176 d:OfficeEquipment 2024-06-30 SC380176 d:OfficeEquipment 2023-06-30 SC380176 d:OfficeEquipment d:OwnedOrFreeholdAssets 2023-07-01 2024-06-30 SC380176 d:OwnedOrFreeholdAssets 2023-07-01 2024-06-30 SC380176 d:CurrentFinancialInstruments 2024-06-30 SC380176 d:CurrentFinancialInstruments 2023-06-30 SC380176 d:CurrentFinancialInstruments d:WithinOneYear 2024-06-30 SC380176 d:CurrentFinancialInstruments d:WithinOneYear 2023-06-30 SC380176 d:ShareCapital 2024-06-30 SC380176 d:ShareCapital 2023-06-30 SC380176 d:RetainedEarningsAccumulatedLosses 2024-06-30 SC380176 d:RetainedEarningsAccumulatedLosses 2023-06-30 SC380176 c:OrdinaryShareClass1 2023-07-01 2024-06-30 SC380176 c:OrdinaryShareClass1 2024-06-30 SC380176 c:FRS102 2023-07-01 2024-06-30 SC380176 c:AuditExempt-NoAccountantsReport 2023-07-01 2024-06-30 SC380176 c:FullAccounts 2023-07-01 2024-06-30 SC380176 c:PrivateLimitedCompanyLtd 2023-07-01 2024-06-30 SC380176 d:WithinOneYear 2024-06-30 SC380176 d:WithinOneYear 2023-06-30 SC380176 d:BetweenOneFiveYears 2024-06-30 SC380176 d:BetweenOneFiveYears 2023-06-30 SC380176 d:MoreThanFiveYears 2024-06-30 SC380176 d:MoreThanFiveYears 2023-06-30 SC380176 e:PoundSterling 2023-07-01 2024-06-30 xbrli:shares iso4217:GBP xbrli:pure
Registered number: SC380176










BLACK AND ASSOCIATES LTD
FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2024

 
BLACK AND ASSOCIATES LTD
 

COMPANY INFORMATION


Director
Mr S Black 




Registered number
SC380176



Registered office
Office 2/1
211 Dumbarton Road

Glasgow

G11 6AA




Accountants
EQ Accountants Limited
Chartered Accountants

14 City Quay

Dundee

DD1 3JA





 
BLACK AND ASSOCIATES LTD
REGISTERED NUMBER: SC380176

STATEMENT OF FINANCIAL POSITION
AS AT 30 JUNE 2024

2024
2023
£
£

Fixed assets
  

Tangible assets
 4 
2,288
604

  
2,288
604

Current assets
  

Debtors: amounts falling due within one year
 5 
52,986
47,469

Cash at bank and in hand
  
28,111
29,488

  
81,097
76,957

Creditors: amounts falling due within one year
 6 
(36,362)
(43,320)

Net current assets
  
 
 
44,735
 
 
33,637

Total assets less current liabilities
  
47,023
34,241

Provisions for liabilities
  

Deferred tax
  
(572)
(151)

  
 
 
(572)
 
 
(151)

Net assets
  
46,451
34,090


Capital and reserves
  

Called up share capital 
 7 
100
100

Profit and loss account
  
46,351
33,990

  
46,451
34,090


Page 1

 
BLACK AND ASSOCIATES LTD
REGISTERED NUMBER: SC380176

STATEMENT OF FINANCIAL POSITION (CONTINUED)
AS AT 30 JUNE 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 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 on 11 March 2025.




Mr S Black
Director

The notes on pages 3 to 7 form part of these financial statements.

Page 2

 
BLACK AND ASSOCIATES LTD
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2024

1.


General information

Black and Associates Ltd is a private company, limited by shares, domiciled in Scotland with registration number SC380176. The registered address is Office 2/1, 211 Dumbarton Road, Glasgow, G11 6AA.

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.

Foreign exchange gains and losses that relate to borrowings and cash and cash equivalents are presented in the Statement of income and retained earnings within 'finance income or costs'. All other foreign exchange gains and losses are presented in profit or loss within 'other operating income'.

Page 3

 
BLACK AND ASSOCIATES LTD
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2024

2.Accounting policies (continued)

 
2.3

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 consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. The following criteria must also be met before turnover is recognised:

Rendering of services

Turnover 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 turnover 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

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.

 
2.5

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 Statement of financial position. The assets of the plan are held separately from the Company in independently administered funds.

 
2.6

Current and deferred taxation

The tax expense for the year comprises current and deferred tax. 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

 
BLACK AND ASSOCIATES LTD
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 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, using the straight-line method.

Depreciation is provided on the following basis:

Fixtures & fittings
-
33% straight line
Office equipment
-
33% straight line

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

Provisions for liabilities

Provisions are recognised when an event has taken place that gives rise to a legal or constructive obligation, a transfer of economic benefits is probable and a reliable estimate can be made.
Provisions are measured as the best estimate of the amount required to settle the obligation, taking into account the related risks and uncertainties.
 
Increases in provisions are generally charged as an expense to profit or loss.

 
2.9

Dividends

Equity dividends are recognised when they become legally payable. Interim equity dividends are recognised when paid. Final equity dividends are recognised when approved by the shareholders at an annual general meeting.


3.


Employees

The average monthly number of employees, including directors, during the year was 1 (2023 - 1).

Page 5

 
BLACK AND ASSOCIATES LTD
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2024

4.


Tangible fixed assets





Fixtures & fittings
Office equipment
Total

£
£
£



Cost or valuation


At 1 July 2023
3,465
10,239
13,704


Additions
-
3,099
3,099



At 30 June 2024

3,465
13,338
16,803



Depreciation


At 1 July 2023
3,465
9,635
13,100


Charge for the year on owned assets
-
1,415
1,415



At 30 June 2024

3,465
11,050
14,515



Net book value



At 30 June 2024
-
2,288
2,288



At 30 June 2023
-
604
604


5.


Debtors

2024
2023
£
£


Trade debtors
50,031
44,873

Prepayments and accrued income
2,955
2,596

52,986
47,469



6.


Creditors: Amounts falling due within one year

2024
2023
£
£

Trade creditors
13,484
22,581

Other taxation and social security
11,950
15,013

Other creditors
8,028
2,268

Accruals and deferred income
2,900
3,458

36,362
43,320


Page 6

 
BLACK AND ASSOCIATES LTD
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2024

7.


Share capital

2024
2023
£
£
Allotted, called up and fully paid



100 ordinary shares of £1.00 each
100
100



8.


Commitments under operating leases

At 30 June 2024 the Company had future minimum lease payments due under non-cancellable operating leases for each of the following periods:

2024
2023
£
£


Not later than 1 year
8,000
6,725

Later than 1 year and not later than 5 years
27,033
32,000

Later than 5 years
-
3,033

35,033
41,758


Page 7