Caseware UK (AP4) 2024.0.164 2024.0.164 2024-06-302024-06-302false2023-07-01No description of principal activity2falsetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.false 03520791 2023-07-01 2024-06-30 03520791 2022-07-01 2023-06-30 03520791 2024-06-30 03520791 2023-06-30 03520791 c:Director1 2023-07-01 2024-06-30 03520791 d:FurnitureFittings 2023-07-01 2024-06-30 03520791 d:FurnitureFittings 2024-06-30 03520791 d:FurnitureFittings 2023-06-30 03520791 d:FurnitureFittings d:OwnedOrFreeholdAssets 2023-07-01 2024-06-30 03520791 d:OfficeEquipment 2023-07-01 2024-06-30 03520791 d:OfficeEquipment 2024-06-30 03520791 d:OfficeEquipment 2023-06-30 03520791 d:OfficeEquipment d:OwnedOrFreeholdAssets 2023-07-01 2024-06-30 03520791 d:OwnedOrFreeholdAssets 2023-07-01 2024-06-30 03520791 d:Goodwill 2024-06-30 03520791 d:Goodwill 2023-06-30 03520791 d:CurrentFinancialInstruments 2024-06-30 03520791 d:CurrentFinancialInstruments 2023-06-30 03520791 d:Non-currentFinancialInstruments 2024-06-30 03520791 d:Non-currentFinancialInstruments 2023-06-30 03520791 d:CurrentFinancialInstruments d:WithinOneYear 2024-06-30 03520791 d:CurrentFinancialInstruments d:WithinOneYear 2023-06-30 03520791 d:Non-currentFinancialInstruments d:AfterOneYear 2024-06-30 03520791 d:Non-currentFinancialInstruments d:AfterOneYear 2023-06-30 03520791 d:Non-currentFinancialInstruments d:BetweenOneTwoYears 2024-06-30 03520791 d:Non-currentFinancialInstruments d:BetweenOneTwoYears 2023-06-30 03520791 d:Non-currentFinancialInstruments d:BetweenTwoFiveYears 2024-06-30 03520791 d:Non-currentFinancialInstruments d:BetweenTwoFiveYears 2023-06-30 03520791 d:ShareCapital 2024-06-30 03520791 d:ShareCapital 2023-06-30 03520791 d:RetainedEarningsAccumulatedLosses 2024-06-30 03520791 d:RetainedEarningsAccumulatedLosses 2023-06-30 03520791 c:FRS102 2023-07-01 2024-06-30 03520791 c:AuditExempt-NoAccountantsReport 2023-07-01 2024-06-30 03520791 c:FullAccounts 2023-07-01 2024-06-30 03520791 c:PrivateLimitedCompanyLtd 2023-07-01 2024-06-30 03520791 e:PoundSterling 2023-07-01 2024-06-30 iso4217:GBP xbrli:pure

Registered number: 03520791










STATUS OFFICE SERVICES LIMITED








UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 30 JUNE 2024

 
STATUS OFFICE SERVICES LIMITED
REGISTERED NUMBER: 03520791

STATEMENT OF FINANCIAL POSITION
AS AT 30 JUNE 2024

2024
2023
Note
£
£

Fixed assets
  

Tangible assets
 5 
1,796
2,115

  
1,796
2,115

Current assets
  

Stocks
  
2,000
3,000

Debtors: amounts falling due within one year
 6 
12,913
12,849

Cash at bank and in hand
  
577
1,076

  
15,490
16,925

Creditors: amounts falling due within one year
 7 
(37,630)
(23,799)

Net current liabilities
  
 
 
(22,140)
 
 
(6,874)

Total assets less current liabilities
  
(20,344)
(4,759)

Creditors: amounts falling due after more than one year
 8 
(382)
(811)

  

Net liabilities
  
(20,726)
(5,570)


Capital and reserves
  

Called up share capital 
  
100
100

Profit and loss account
  
(20,826)
(5,670)

  
(20,726)
(5,570)


Page 1

 
STATUS OFFICE SERVICES LIMITED
REGISTERED NUMBER: 03520791
    
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 income statement 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 by: 




................................................
C Starling
Director

Date: 26 March 2025

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

Page 2

 
STATUS OFFICE SERVICES LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2024

1.


General information

Status Office Services Limited is a private company limited by shares and incorporated in England and Wales, registration number 03520791.  The registered office is 1 Claydon Business Park, Great Blakenham, Ipswich IP6 0NL.

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 financial statements are presented in sterling which is the functional currency of the company and rounded to the nearest £.

The following principal accounting policies have been applied:

 
2.2

Going concern

The Director has considered the Company's position at the time of signing the financial statements, and based on this, the Director has concluded that they have a reasonable expectation that the Company will have adequate resources to continue in operational existance for the forseeable future and they therefore continue to adopt the going concern basis of accounting in preparing these financial statements.

 
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:

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.

 
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

 
STATUS OFFICE SERVICES 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

Intangible assets

Intangible assets are initially recognised at cost. After recognition, under the cost model, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

All intangible assets are considered to have a finite useful life. If a reliable estimate of the useful life cannot be made, the useful life shall not exceed ten years.

 
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, on a reducing balance basis.

Depreciation is provided on the following basis:

Fixtures, fittings & equipment
-
20% reducing balance
Office equipment
-
15% reducing balance

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

Stocks

Stocks are stated at the lower of cost and net realisable value, being the estimated selling price less costs to complete and sell.  Cost includes all direct costs and an appropriate proportion of fixed and variable overheads.

 
2.9

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.

Page 4

 
STATUS OFFICE SERVICES LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2024

2.Accounting policies (continued)

 
2.10

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.

 
2.11

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.

 
2.12

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.

Basic financial assets

Basic financial assets, which include trade and other debtors, cash and bank balances, are initially measured at their transaction price (adjusted for transaction costs except in the initial measurement of financial assets that are subsequently measured at fair value through profit and loss) 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 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 debtors due with the operating cycle fall into this category of financial instruments.


3.


Employees

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

Page 5

 
STATUS OFFICE SERVICES LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2024

4.


Intangible assets




Goodwill

£



Cost


At 1 July 2023
35,801



At 30 June 2024

35,801



Amortisation


At 1 July 2023
35,801



At 30 June 2024

35,801



Net book value



At 30 June 2024
-



At 30 June 2023
-



Page 6

 
STATUS OFFICE SERVICES LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2024

5.


Tangible fixed assets





Fixtures & fittings
Office equipment
Total

£
£
£



Cost or valuation


At 1 July 2023
3,716
76,875
80,591



At 30 June 2024

3,716
76,875
80,591



Depreciation


At 1 July 2023
3,698
74,778
78,476


Charge for the year on owned assets
4
315
319



At 30 June 2024

3,702
75,093
78,795



Net book value



At 30 June 2024
14
1,782
1,796



At 30 June 2023
18
2,097
2,115


6.


Debtors

2024
2023
£
£


Trade debtors
6,059
2,075

Other debtors
6,854
9,154

Prepayments and accrued income
-
1,620

12,913
12,849


Page 7

 
STATUS OFFICE SERVICES LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2024

7.


Creditors: Amounts falling due within one year

2024
2023
£
£

Bank loans
447
448

Trade creditors
4,429
496

Corporation tax
10,415
9,085

Other taxation and social security
993
-

Other creditors
18,946
10,270

Accruals and deferred income
2,400
3,500

37,630
23,799



8.


Creditors: Amounts falling due after more than one year

2024
2023
£
£

Bank loans
382
811

382
811


Page 8

 
STATUS OFFICE SERVICES 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
447
448


447
448

Amounts falling due 1-2 years

Bank loans
382
447


382
447

Amounts falling due 2-5 years

Bank loans
-
364


-
364


829
1,259


 
Page 9