Caseware UK (AP4) 2024.0.164 2024.0.164 2024-03-312024-03-3112023-04-01falseNo description of principal activity1truetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.false 04975884 2023-04-01 2024-03-31 04975884 2022-04-01 2023-03-31 04975884 2024-03-31 04975884 2023-03-31 04975884 c:Director1 2023-04-01 2024-03-31 04975884 d:Buildings d:ShortLeaseholdAssets 2023-04-01 2024-03-31 04975884 d:Buildings d:ShortLeaseholdAssets 2024-03-31 04975884 d:Buildings d:ShortLeaseholdAssets 2023-03-31 04975884 d:PlantMachinery 2024-03-31 04975884 d:PlantMachinery 2023-03-31 04975884 d:PlantMachinery d:OwnedOrFreeholdAssets 2023-04-01 2024-03-31 04975884 d:FurnitureFittings 2023-04-01 2024-03-31 04975884 d:OfficeEquipment 2023-04-01 2024-03-31 04975884 d:ComputerEquipment 2023-04-01 2024-03-31 04975884 d:OwnedOrFreeholdAssets 2023-04-01 2024-03-31 04975884 d:CurrentFinancialInstruments 2024-03-31 04975884 d:CurrentFinancialInstruments 2023-03-31 04975884 d:CurrentFinancialInstruments d:WithinOneYear 2024-03-31 04975884 d:CurrentFinancialInstruments d:WithinOneYear 2023-03-31 04975884 d:ShareCapital 2024-03-31 04975884 d:ShareCapital 2023-03-31 04975884 d:RetainedEarningsAccumulatedLosses 2024-03-31 04975884 d:RetainedEarningsAccumulatedLosses 2023-03-31 04975884 c:FRS102 2023-04-01 2024-03-31 04975884 c:AuditExempt-NoAccountantsReport 2023-04-01 2024-03-31 04975884 c:FullAccounts 2023-04-01 2024-03-31 04975884 c:PrivateLimitedCompanyLtd 2023-04-01 2024-03-31 04975884 e:PoundSterling 2023-04-01 2024-03-31 iso4217:GBP xbrli:pure

Registered number: 04975884









CHARLES BRICE LIMITED







UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 31 MARCH 2024

 
CHARLES BRICE LIMITED
REGISTERED NUMBER: 04975884

BALANCE SHEET
AS AT 31 MARCH 2024

2024
2023
Note
£
£

Fixed assets
  

Tangible assets
 4 
493
895

Current assets
  

Debtors: amounts falling due within one year
 5 
80,023
34,407

Cash at bank and in hand
 6 
745,478
840,092

  
825,501
874,499

Creditors: amounts falling due within one year
 7 
(67,731)
(79,385)

Net current assets
  
 
 
757,770
 
 
795,114

Total assets less current liabilities
  
758,263
796,009

Net assets
  
758,263
796,009


Capital and reserves
  

Called up share capital 
  
1
1

Profit and loss account
  
758,262
796,008

  
758,263
796,009


Page 1

 
CHARLES BRICE LIMITED
REGISTERED NUMBER: 04975884
    
BALANCE SHEET (CONTINUED)
AS AT 31 MARCH 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 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 by: 




C M T Brice
Director

Date: 28 March 2025

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

Page 2

 
CHARLES BRICE LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024

1.


General information

Charles Brice Limited is a private company limited by shares, incorporated in England & Wales (registered number 04975884). The registered office is First Floor, 37 Crawford Street, London, England, W1H 1HA.
The financial statements are presented in Sterling, which is the functional currency of the Company.

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

IIn assessing the ability of the company to operate as a going concern, management have evaluated current and forecasted operational results, and the solvency of the company. As a result, the director considers it appropriate to prepare the financial statements on a going concern basis.
Accordingly the director has continued to prepare the financial statements on the going concern basis.

Page 3

 
CHARLES BRICE LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024

2.Accounting policies (continued)

 
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.

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.

 
2.4

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

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

 
CHARLES BRICE LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024

2.Accounting policies (continued)


2.5
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:

Short-term leasehold property
-
Straight line over the life of the lease
Fixtures and fittings
-
20%
straight line
Office equipment
-
20%
straight line
Computer equipment
-
20%
staright 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.

 
2.6

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.

 
2.7

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.

 
2.8

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.

 
2.9

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.

Page 5

 
CHARLES BRICE LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024

3.


Employees

2024
£

Wages and salaries
13,000

Social security costs
670

13,670


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


4.


Tangible fixed assets





Short-term leasehold property
Plant and machinery etc
Total

£
£
£



Cost or valuation


At 1 April 2023
19,862
62,320
82,182



At 31 March 2024

19,862
62,320
82,182



Depreciation


At 1 April 2023
19,862
61,425
81,287


Charge for the year on owned assets
-
402
402



At 31 March 2024

19,862
61,827
81,689



Net book value



At 31 March 2024
-
493
493



At 31 March 2023
-
895
895

Page 6

 
CHARLES BRICE LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024

5.


Debtors

2024
2023
£
£

Trade debtors
77,338
30,299

Other debtors
2,571
2,571

Prepayments and accrued income
114
1,537

80,023
34,407



6.


Cash and cash equivalents

2024
2023
£
£

Cash at bank and in hand
745,478
840,092

745,478
840,092



7.


Creditors: Amounts falling due within one year

2024
2023
£
£

Trade creditors
-
4,598

Other taxation and social security
3,727
1,841

Other creditors
53,409
60,296

Accruals and deferred income
10,595
12,650

67,731
79,385


 
Page 7