Caseware UK (AP4) 2023.0.135 2023.0.135 2024-11-302024-11-302023-12-01falseNo description of principal activity55truetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. 04496400 2023-12-01 2024-11-30 04496400 2022-12-01 2023-11-30 04496400 2024-11-30 04496400 2023-11-30 04496400 c:CompanySecretary1 2023-12-01 2024-11-30 04496400 c:Director1 2023-12-01 2024-11-30 04496400 c:Director2 2023-12-01 2024-11-30 04496400 c:RegisteredOffice 2023-12-01 2024-11-30 04496400 d:FurnitureFittings 2023-12-01 2024-11-30 04496400 d:FurnitureFittings 2024-11-30 04496400 d:FurnitureFittings 2023-11-30 04496400 d:FurnitureFittings d:OwnedOrFreeholdAssets 2023-12-01 2024-11-30 04496400 d:CurrentFinancialInstruments 2024-11-30 04496400 d:CurrentFinancialInstruments 2023-11-30 04496400 d:CurrentFinancialInstruments d:WithinOneYear 2024-11-30 04496400 d:CurrentFinancialInstruments d:WithinOneYear 2023-11-30 04496400 d:ShareCapital 2024-11-30 04496400 d:ShareCapital 2023-11-30 04496400 d:RetainedEarningsAccumulatedLosses 2024-11-30 04496400 d:RetainedEarningsAccumulatedLosses 2023-11-30 04496400 c:FRS102 2023-12-01 2024-11-30 04496400 c:AuditExempt-NoAccountantsReport 2023-12-01 2024-11-30 04496400 c:FullAccounts 2023-12-01 2024-11-30 04496400 c:PrivateLimitedCompanyLtd 2023-12-01 2024-11-30 iso4217:GBP xbrli:pure
Company registration number: 04496400







UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED
30 NOVEMBER 2024


A.D. PRACTICE LIMITED






































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A.D. PRACTICE LIMITED
 


 
COMPANY INFORMATION


Directors
D J Parry 
H L A Mcneill 




Company secretary
L E Parry



Registered number
04496400



Registered office
Richmond House
Walkern Road

Stevenage

Hertfordshire

SG1 3QP




Accountants
Menzies LLP
Chartered Accountants

Richmond House

Walkern Road

Stevenage

Hertfordshire

SG1 3QP





 


A.D. PRACTICE LIMITED
 



CONTENTS



Page
Statement of Financial Position
1 - 2
Notes to the Financial Statements
3 - 6


 


A.D. PRACTICE LIMITED
REGISTERED NUMBER:04496400



STATEMENT OF FINANCIAL POSITION
AS AT 30 NOVEMBER 2024

2024
2023
Note
£
£

Fixed assets
  

Tangible assets
 4 
5,082
7,627

  
5,082
7,627

Current assets
  

Debtors: amounts falling due within one year
 5 
18,749
24,303

Cash at bank and in hand
  
6,337
2,762

  
25,086
27,065

Creditors: amounts falling due within one year
 6 
(29,017)
(33,091)

Net current liabilities
  
 
 
(3,931)
 
 
(6,026)

Total assets less current liabilities
  
1,151
1,601

Provisions for liabilities
  

Other provisions
  
(966)
(1,449)

  
 
 
(966)
 
 
(1,449)

Net assets
  
185
152


Capital and reserves
  

Called up share capital 
  
100
100

Profit and loss account
  
85
52

  
185
152


Page 1

 


A.D. PRACTICE LIMITED
REGISTERED NUMBER:04496400


    
STATEMENT OF FINANCIAL POSITION (CONTINUED)
AS AT 30 NOVEMBER 2024

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 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 by: 




................................................
D J Parry
Director

Date: 24 March 2025

The notes on pages 3 to 6 form part of these financial statements.

Page 2

 


A.D. PRACTICE LIMITED
 


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

1.


General information

A.D. Practice Limited is a private company, limited by shares, registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.
The presentation currency of the financial statements is the Pound Sterling (£).

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

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.

Page 3

 


A.D. PRACTICE LIMITED
 


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

2.Accounting policies (continued)

 
2.3

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 reporting date in the countries where the Company operates and generates income.

Deferred tax balances are recognised in respect of all timing differences that have originated but not reversed by the reporting date, except that:
The recognition of deferred tax assets is limited to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits; and
Any deferred tax balances are reversed if and when all conditions for retaining associated tax allowances have been met.

Deferred tax balances are not recognised in respect of permanent differences except in respect of business combinations, when deferred tax is recognised on the differences between the fair values of assets acquired and the future tax deductions available for them and the differences between the fair values of liabilities acquired and the amount that will be assessed for tax. Deferred tax is determined using tax rates and laws that have been enacted or substantively enacted by the reporting date.

 
2.4

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 and fittings
-
15%
on 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.

 
2.5

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 companys statement of financial position when the company becomes party to the contractual provisions of the instrument. 

Page 4

 


A.D. PRACTICE LIMITED
 


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

3.


Employees

The average monthly number of employees, including directors, during the year was 5 (2023 - 5).


4.


Tangible fixed assets





Fixtures and fittings

£



Cost or valuation


At 1 December 2023
19,365


Disposals
(6,356)



At 30 November 2024

13,009



Depreciation


At 1 December 2023
11,738


Charge for the year on owned assets
897


Disposals
(4,708)



At 30 November 2024

7,927



Net book value



At 30 November 2024
5,082



At 30 November 2023
7,627


5.


Debtors

2024
2023
£
£


Trade debtors
17,888
21,733

Other debtors
276
276

Prepayments and accrued income
585
2,294

18,749
24,303


Page 5

 


A.D. PRACTICE LIMITED
 


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

6.


Creditors: Amounts falling due within one year

2024
2023
£
£

Trade creditors
2,808
2,316

Corporation tax
1,569
1,697

Other taxation and social security
12,073
13,635

Other creditors
11,367
14,243

Accruals and deferred income
1,200
1,200

29,017
33,091



7.


Related party transactions

At the balance sheet date the company owed £10,944 (2023: £13,644) to the directors. The balance can be found within creditors due within one year. No interest is being charged on this loan.

 
Page 6