Caseware UK (AP4) 2023.0.135 2023.0.135 2025-01-312025-01-31falsetrue2024-02-01falseNo description of principal activity33trueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. 08840130 2024-02-01 2025-01-31 08840130 2023-02-01 2024-01-31 08840130 2025-01-31 08840130 2024-01-31 08840130 c:Director1 2024-02-01 2025-01-31 08840130 d:ComputerEquipment 2024-02-01 2025-01-31 08840130 d:ComputerEquipment 2025-01-31 08840130 d:ComputerEquipment 2024-01-31 08840130 d:ComputerEquipment d:OwnedOrFreeholdAssets 2024-02-01 2025-01-31 08840130 d:CurrentFinancialInstruments 2025-01-31 08840130 d:CurrentFinancialInstruments 2024-01-31 08840130 d:CurrentFinancialInstruments d:WithinOneYear 2025-01-31 08840130 d:CurrentFinancialInstruments d:WithinOneYear 2024-01-31 08840130 d:ShareCapital 2025-01-31 08840130 d:ShareCapital 2024-01-31 08840130 d:RetainedEarningsAccumulatedLosses 2025-01-31 08840130 d:RetainedEarningsAccumulatedLosses 2024-01-31 08840130 c:OrdinaryShareClass1 2024-02-01 2025-01-31 08840130 c:OrdinaryShareClass1 2025-01-31 08840130 c:OrdinaryShareClass1 2024-01-31 08840130 c:FRS102 2024-02-01 2025-01-31 08840130 c:AuditExempt-NoAccountantsReport 2024-02-01 2025-01-31 08840130 c:FullAccounts 2024-02-01 2025-01-31 08840130 c:PrivateLimitedCompanyLtd 2024-02-01 2025-01-31 08840130 2 2024-02-01 2025-01-31 08840130 6 2024-02-01 2025-01-31 08840130 e:PoundSterling 2024-02-01 2025-01-31 xbrli:shares iso4217:GBP xbrli:pure

Registered number: 08840130









MJSB CONSULTING LTD







UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 31 JANUARY 2025

 
MJSB CONSULTING LTD
REGISTERED NUMBER: 08840130

BALANCE SHEET
AS AT 31 JANUARY 2025

2025
2024
Note
£
£

Fixed assets
  

Tangible assets
 4 
8,021
-

Current assets
  

Debtors: amounts falling due within one year
 5 
29,540
15,110

Cash at bank and in hand
 6 
321,549
135,902

  
351,089
151,012

Creditors: amounts falling due within one year
 7 
(106,779)
(54,131)

Net current assets
  
 
 
244,310
 
 
96,881

Total assets less current liabilities
  
252,331
96,881

  

Net assets
  
252,331
96,881


Capital and reserves
  

Called up share capital 
 8 
2
2

Profit and loss account
  
252,329
96,879

Total equity
  
252,331
96,881


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.
 
Page 1

 
MJSB CONSULTING LTD
REGISTERED NUMBER: 08840130
    
BALANCE SHEET (CONTINUED)
AS AT 31 JANUARY 2025


The financial statements were approved and authorised for issue by the board and were signed on its behalf by: 



................................................
M J S Bush
Director

Date: 13 March 2025

The notes on pages 3 to 9 form part of these financial statements.

Page 2

 
MJSB CONSULTING LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2025

1.


General information

MJSB Consulting Limited is a private company limited by shares and registered in England and Wales. Its registered office address is 14 Whitchurch Road, Cublington, Leighton Buzzard, Bedfordshire, LU7 0LP.
The financial statements are presented in Sterling (£), rounded to the nearest £1.

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

Going concern

After making enquiries, the directors have a reasonable expectation that the company has adequate resources to continue in operational existence and meet its liabilities as they fall due for the foreseeable future, being a period of at least twelve months from the date these financial statements were approved. Accordingly, they continue to adopt the going concern basis in preparing the financial statements.

 
2.3

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.

Page 3

 
MJSB CONSULTING LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2025

2.Accounting policies (continued)

 
2.4

Revenue

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.

 
2.5

Interest income

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

 
2.6

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.

 
2.7

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.

 
2.8

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.

Page 4

 
MJSB CONSULTING LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2025

2.Accounting policies (continued)


2.8
Tangible fixed assets (continued)

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:

Computer 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.

 
2.9

Valuation of investments

Investments in subsidiaries are measured at cost less accumulated impairment.

 
2.10

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.

 
2.11

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.

 
2.12

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.

 
2.13

Financial instruments

The company has elected to apply the provisions of Section 11 “Basic Financial Instruments” of FRS 102 to all of its financial instruments.

Financial instruments are recognised in the company's balance sheet when the company becomes party to the contractual provisions of the instrument.

Basic financial assets

Basic financial assets, which include trade and other receivables, cash and bank balances, are initially measured at their transaction price including transaction costs and are subsequently carried at their amortised cost using the effective interest method, less any provision for impairment, unless the arrangement constitutes a financing transaction, where the transaction is measured at the
Page 5

 
MJSB CONSULTING LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2025

2.Accounting policies (continued)


2.13
Financial instruments (continued)

present value of the future receipts discounted at a market rate of interest.

Discounting is omitted where the effect of discounting is immaterial. The company's cash and cash equivalents, trade and most other receivables due with the operating cycle fall into this category of financial instruments.

Impairment of financial assets

Financial assets are assessed for indicators of impairment at each reporting date. 

Financial assets are impaired when events, subsequent to their initial recognition, indicate the estimated future cash flows derived from the financial asset(s) have been adversely impacted. The impairment loss will be the difference between the current carrying amount and the present value of the future cash flows at the asset(s) original effective interest rate.

If there is a favourable change in relation to the events surrounding the impairment loss then the impairment can be reviewed for possible reversal. The reversal will not cause the current carrying amount to exceed the original carrying amount had the impairment not been recognised. The impairment reversal is recognised in the profit or loss.

Financial liabilities

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instruments any contract that evidences a residual interest in the assets of the company after the deduction of all its liabilities.

Basic financial liabilities, which include trade and other payables, bank loans and other loans are initially measured at their transaction price after transaction costs. When this constitutes a financing transaction, whereby the debt instrument is measured at the present value of the future receipts discounted at a market rate of interest. Discounting is omitted where the effect of discounting is immaterial.

Debt instruments are subsequently carried at their amortised cost using the effective interest rate method.

Trade payables are obligations to pay for goods and services that have been acquired in the ordinary course of business from suppliers. Trade payables are classified as current liabilities if the payment is due within one year. If not, they represent non-current liabilities. Trade payables are initially recognised at their transaction price and subsequently are measured at amortised cost using the effective interest method. Discounting is omitted where the effect of discounting is immaterial.

  
2.14

Share capital

Ordinary shares are classified as equity. Incremental costs directly attributable to the issue of new ordinary shares or options are shown in equity as a deduction, net of tax, from the proceeds.

Page 6

 
MJSB CONSULTING LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2025

2.Accounting policies (continued)

 
2.15

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

2025
2024
£
£

Wages and salaries
42,443
33,378

Social security costs
769
1,144

Cost of defined contribution scheme
349,422
17,126

392,634
51,648


The average monthly number of employees, including directors, during the year was 3 (2024 - 3).


4.


Tangible fixed assets





Computer equipment

£



Cost or valuation


At 1 February 2024
7,368


Additions
8,723



At 31 January 2025

16,091



Depreciation


At 1 February 2024
7,368


Charge for the year on owned assets
702



At 31 January 2025

8,070



Net book value



At 31 January 2025
8,021



At 31 January 2024
-

Page 7

 
MJSB CONSULTING LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2025

5.


Debtors

2025
2024
£
£


Trade debtors
29,040
14,610

Prepayments and accrued income
500
500

29,540
15,110



6.


Cash and cash equivalents

2025
2024
£
£

Cash at bank and in hand
321,549
135,902



7.


Creditors: Amounts falling due within one year

2025
2024
£
£

Trade creditors
217
-

Corporation tax
102,552
51,123

Other taxation and social security
687
289

Other creditors
863
-

Accruals and deferred income
2,460
2,719

106,779
54,131



8.


Share capital

2025
2024
£
£
Allotted, called up and fully paid



2 (2024 - 2) Ordinary shares of £1.00 each
2
2



9.


Pension commitments

The company operates a defined contribution pension scheme. The assets of the scheme are held separately from those of the company  in an independently administered fund. The pension cost charge represents contributions payable by the company  to the fund and amounted to £349,422 (2024 - £17,126). 

Page 8

 
MJSB CONSULTING LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2025

10.


Related party transactions

During the year dividends of £Nil (2024 - £2,514) were received from OneDell Consultancy Services Limited, its subsidiary company.

 
Page 9