Caseware UK (AP4) 2023.0.135 2023.0.135 2024-06-302024-06-30Other business support service activities not elsewhere classifiedfalse2023-07-01false33truetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. 10584360 2023-07-01 2024-06-30 10584360 2022-07-01 2023-06-30 10584360 2024-06-30 10584360 2023-06-30 10584360 c:Director2 2023-07-01 2024-06-30 10584360 d:Buildings d:LongLeaseholdAssets 2023-07-01 2024-06-30 10584360 d:Buildings d:LongLeaseholdAssets 2024-06-30 10584360 d:Buildings d:LongLeaseholdAssets 2023-06-30 10584360 d:FurnitureFittings 2023-07-01 2024-06-30 10584360 d:FurnitureFittings 2024-06-30 10584360 d:FurnitureFittings 2023-06-30 10584360 d:FurnitureFittings d:OwnedOrFreeholdAssets 2023-07-01 2024-06-30 10584360 d:OfficeEquipment 2023-07-01 2024-06-30 10584360 d:ComputerEquipment 2023-07-01 2024-06-30 10584360 d:ComputerEquipment 2024-06-30 10584360 d:ComputerEquipment 2023-06-30 10584360 d:ComputerEquipment d:OwnedOrFreeholdAssets 2023-07-01 2024-06-30 10584360 d:OwnedOrFreeholdAssets 2023-07-01 2024-06-30 10584360 d:CurrentFinancialInstruments 2024-06-30 10584360 d:CurrentFinancialInstruments 2023-06-30 10584360 d:Non-currentFinancialInstruments 2024-06-30 10584360 d:Non-currentFinancialInstruments 2023-06-30 10584360 d:CurrentFinancialInstruments d:WithinOneYear 2024-06-30 10584360 d:CurrentFinancialInstruments d:WithinOneYear 2023-06-30 10584360 d:Non-currentFinancialInstruments d:AfterOneYear 2024-06-30 10584360 d:Non-currentFinancialInstruments d:AfterOneYear 2023-06-30 10584360 d:Non-currentFinancialInstruments d:BetweenOneTwoYears 2024-06-30 10584360 d:Non-currentFinancialInstruments d:BetweenOneTwoYears 2023-06-30 10584360 d:ShareCapital 2024-06-30 10584360 d:ShareCapital 2023-06-30 10584360 d:RetainedEarningsAccumulatedLosses 2024-06-30 10584360 d:RetainedEarningsAccumulatedLosses 2023-06-30 10584360 c:FRS102 2023-07-01 2024-06-30 10584360 c:AuditExempt-NoAccountantsReport 2023-07-01 2024-06-30 10584360 c:FullAccounts 2023-07-01 2024-06-30 10584360 c:PrivateLimitedCompanyLtd 2023-07-01 2024-06-30 10584360 e:PoundSterling 2023-07-01 2024-06-30 iso4217:GBP xbrli:pure

Registered number: 10584360










AVENUE HQ LIVERPOOL LIMITED








UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 30 JUNE 2024

 
AVENUE HQ LIVERPOOL LIMITED
REGISTERED NUMBER: 10584360

STATEMENT OF FINANCIAL POSITION
AS AT 30 JUNE 2024

2024
2023
Note
£
£

Fixed assets
  

Tangible assets
 4 
361,542
415,585

  
361,542
415,585

Current assets
  

Debtors: amounts falling due within one year
 5 
1,339,667
1,020,223

Cash at bank and in hand
 6 
58,770
65,355

  
1,398,437
1,085,578

Creditors: amounts falling due within one year
 7 
(1,405,141)
(1,202,122)

Net current liabilities
  
 
 
(6,704)
 
 
(116,544)

Total assets less current liabilities
  
354,838
299,041

Creditors: amounts falling due after more than one year
 8 
(10,462)
(87,671)

  

Net assets
  
344,376
211,370

Page 1

 
AVENUE HQ LIVERPOOL LIMITED
REGISTERED NUMBER: 10584360
    
STATEMENT OF FINANCIAL POSITION (CONTINUED)
AS AT 30 JUNE 2024

2024
2023
Note
£
£

Capital and reserves
  

Called up share capital 
  
100
100

Profit and loss account
  
344,276
211,270

  
344,376
211,370


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 26 March 2025.






M P Kennedy
Director

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

Page 2

 
AVENUE HQ LIVERPOOL LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2024

1.


General information

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.

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:

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.

 
2.3

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

Finance costs

Finance costs are charged to profit or loss over the term of the debt using the effective interest method so that the amount charged is at a constant rate on the carrying amount. Issue costs are initially recognised as a reduction in the proceeds of the associated capital instrument.

Page 3

 
AVENUE HQ LIVERPOOL LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2024

2.Accounting policies (continued)

 
2.5

Borrowing costs

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

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

 
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:

Long-term leasehold property
-
4%
straight line
Fixtures and fittings
-
25%
straight line
Office equipment
-
33%
straight line
Computer equipment
-

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.

Page 4

 
AVENUE HQ LIVERPOOL LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2024

2.Accounting policies (continued)

 
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 3 (2023 - 3).

Page 5

 
AVENUE HQ LIVERPOOL LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2024

4.


Tangible fixed assets





Long-term leasehold property
Fixtures and fittings
Computer equipment
Total

£
£
£
£



Cost or valuation


At 1 July 2023
489,363
93,518
43,897
626,778


Additions
-
7,128
271
7,399



At 30 June 2024

489,363
100,646
44,168
634,177



Depreciation


At 1 July 2023
116,671
60,178
34,345
211,194


Charge for the year on owned assets
41,832
13,878
5,731
61,441



At 30 June 2024

158,503
74,056
40,076
272,635



Net book value



At 30 June 2024
330,860
26,590
4,092
361,542



At 30 June 2023
372,692
33,341
9,552
415,585

Page 6

 
AVENUE HQ LIVERPOOL LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2024

5.


Debtors

2024
2023
£
£


Trade debtors
137,506
38,465

Amounts owed by group undertakings
988,796
779,447

Other debtors
221
-

Prepayments and accrued income
213,144
202,311

1,339,667
1,020,223



6.


Cash and cash equivalents

2024
2023
£
£

Cash at bank and in hand
58,770
65,355

58,770
65,355



7.


Creditors: Amounts falling due within one year

2024
2023
£
£

Bank loans
19,167
29,167

Trade creditors
735,234
640,891

Other taxation and social security
19,952
20,759

Other creditors
260,744
277,648

Accruals and deferred income
370,044
233,657

1,405,141
1,202,122



8.


Creditors: Amounts falling due after more than one year

2024
2023
£
£

Bank loans
10,462
87,671

10,462
87,671


Page 7

 
AVENUE HQ LIVERPOOL LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2024

9.


Loans


Analysis of the maturity of loans is given below:


2024
2023
£
£

Amounts falling due within one year

Bank loans
19,167
29,167


19,167
29,167

Amounts falling due 1-2 years

Bank loans
10,462
87,671


10,462
87,671



29,629
116,838



10.


Pension commitments

The Company operates a defined contributions 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 Company Contributions payable to the fund and amounted to £1,507 (2023: £1,322). Contributions totalling £888 (2023: £774) were payable to the fund at the balance sheet date and are included in creditors.


11.


Related party transactions

The company has taken advantage of the exemption under paragraph 33.1A of FRS 102 and has not disclosed transactions with other wholly owned group companies.


12.


Controlling party

The company is a wholly owned subsidiary of Avenue HQ Limited, whose registered office is located at 17 Mann Island, Liverpool, England, L3 1BP.

 
Page 8