Caseware UK (AP4) 2023.0.135 2023.0.135 2024-06-302024-06-30false92023-07-01falseNo description of principal activity10truetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. 9542941 2023-07-01 2024-06-30 9542941 2022-04-01 2023-06-30 9542941 2024-06-30 9542941 2023-06-30 9542941 c:Director1 2023-07-01 2024-06-30 9542941 d:MotorVehicles 2023-07-01 2024-06-30 9542941 d:MotorVehicles 2024-06-30 9542941 d:MotorVehicles 2023-06-30 9542941 d:MotorVehicles d:OwnedOrFreeholdAssets 2023-07-01 2024-06-30 9542941 d:OfficeEquipment 2023-07-01 2024-06-30 9542941 d:OfficeEquipment 2024-06-30 9542941 d:OfficeEquipment 2023-06-30 9542941 d:OfficeEquipment d:OwnedOrFreeholdAssets 2023-07-01 2024-06-30 9542941 d:OwnedOrFreeholdAssets 2023-07-01 2024-06-30 9542941 d:Goodwill 2023-07-01 2024-06-30 9542941 d:Goodwill 2024-06-30 9542941 d:Goodwill 2023-06-30 9542941 d:CurrentFinancialInstruments 2024-06-30 9542941 d:CurrentFinancialInstruments 2023-06-30 9542941 d:Non-currentFinancialInstruments 2024-06-30 9542941 d:Non-currentFinancialInstruments 2023-06-30 9542941 d:CurrentFinancialInstruments d:WithinOneYear 2024-06-30 9542941 d:CurrentFinancialInstruments d:WithinOneYear 2023-06-30 9542941 d:Non-currentFinancialInstruments d:AfterOneYear 2024-06-30 9542941 d:Non-currentFinancialInstruments d:AfterOneYear 2023-06-30 9542941 d:Non-currentFinancialInstruments d:BetweenOneTwoYears 2024-06-30 9542941 d:Non-currentFinancialInstruments d:BetweenOneTwoYears 2023-06-30 9542941 d:Non-currentFinancialInstruments d:BetweenTwoFiveYears 2024-06-30 9542941 d:Non-currentFinancialInstruments d:BetweenTwoFiveYears 2023-06-30 9542941 d:Non-currentFinancialInstruments d:MoreThanFiveYears 2024-06-30 9542941 d:Non-currentFinancialInstruments d:MoreThanFiveYears 2023-06-30 9542941 d:ShareCapital 2024-06-30 9542941 d:ShareCapital 2023-06-30 9542941 d:RetainedEarningsAccumulatedLosses 2024-06-30 9542941 d:RetainedEarningsAccumulatedLosses 2023-06-30 9542941 c:OrdinaryShareClass1 2023-07-01 2024-06-30 9542941 c:OrdinaryShareClass1 2024-06-30 9542941 c:OrdinaryShareClass1 2023-06-30 9542941 c:FRS102 2023-07-01 2024-06-30 9542941 c:AuditExempt-NoAccountantsReport 2023-07-01 2024-06-30 9542941 c:FullAccounts 2023-07-01 2024-06-30 9542941 c:PrivateLimitedCompanyLtd 2023-07-01 2024-06-30 9542941 d:HirePurchaseContracts d:WithinOneYear 2024-06-30 9542941 d:HirePurchaseContracts d:WithinOneYear 2023-06-30 9542941 d:HirePurchaseContracts d:BetweenOneFiveYears 2024-06-30 9542941 d:HirePurchaseContracts d:BetweenOneFiveYears 2023-06-30 9542941 2 2023-07-01 2024-06-30 9542941 d:AcceleratedTaxDepreciationDeferredTax 2024-06-30 9542941 d:AcceleratedTaxDepreciationDeferredTax 2023-06-30 9542941 d:MotorVehicles d:LeasedAssetsHeldAsLessee 2024-06-30 9542941 e:PoundSterling 2023-07-01 2024-06-30 xbrli:shares iso4217:GBP xbrli:pure

Registered number: 9542941










AUKER HUTTON ACCOUNTANCY LIMITED








UNAUDITED

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 JUNE 2024

 
AUKER HUTTON ACCOUNTANCY LIMITED
REGISTERED NUMBER: 9542941

BALANCE SHEET
AS AT 30 JUNE 2024

2024
2023
Note
£
£

Fixed assets
  

Tangible assets
 5 
23,288
29,936

Current assets
  

Work in progress
  
71,081
73,433

Debtors: amounts falling due within one year
 6 
90,477
100,503

Cash at bank and in hand
 7 
84,354
42,186

  
245,912
216,122

Creditors: amounts falling due within one year
 8 
(91,569)
(71,174)

Net current assets
  
 
 
154,343
 
 
144,948

Total assets less current liabilities
  
177,631
174,884

Creditors: amounts falling due after more than one year
 9 
(46,449)
(54,989)

Provisions for liabilities
  

Deferred tax
 12 
(1,225)
(1,433)

  
 
 
(1,225)
 
 
(1,433)

Net assets
  
129,957
118,462


Capital and reserves
  

Called up share capital 
 13 
100
100

Profit and loss account
  
129,857
118,362

  
129,957
118,462


Page 1

 
AUKER HUTTON ACCOUNTANCY LIMITED
REGISTERED NUMBER: 9542941

BALANCE SHEET (CONTINUED)
AS AT 30 JUNE 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: 



T Burgoyne
Director
Date: 27 March 2025

The notes on pages 3 to 10 form part of these financial statements.

Page 2

 
AUKER HUTTON ACCOUNTANCY LIMITED
 

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

1.Accounting policies

 
1.1

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:

 
1.2

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.

 
1.3

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.

 
1.4

Interest income

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

 
1.5

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.

 
1.6

Borrowing costs

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

Page 3

 
AUKER HUTTON ACCOUNTANCY LIMITED
 

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

1.Accounting policies (continued)

 
1.7

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.

 
1.8

Current and deferred taxation

The tax expense for the year comprises current and deferred tax. 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.

Deferred tax balances are recognised in respect of all timing differences that have originated but not reversed by the balance sheet 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 balance sheet date.


 
1.9

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.

 Amortisation is provided on the following bases:

Goodwill
-
20%
Straight line

Page 4

 
AUKER HUTTON ACCOUNTANCY LIMITED
 

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

1.Accounting policies (continued)

 
1.10

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:

Motor vehicles
-
25%
reducing balance basis
Office equipment
-
25%
reducing balance basis

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.

 
1.11

Work in progress

Work in progress is stated at the lower of cost and net realisable value. Cost includes all direct
costs and an appropriate proportion of fixed and variable overheads.

 
1.12

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.

 
1.13

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.

 
1.14

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.

 
1.15

Provisions for liabilities

Provisions are recognised when an event has taken place that gives rise to a legal or constructive obligation, a transfer of economic benefits is probable and a reliable estimate can be made.
Provisions are measured as the best estimate of the amount required to settle the obligation, taking into account the related risks and uncertainties.
 
Increases in provisions are generally charged as an expense to profit or loss.

Page 5

 
AUKER HUTTON ACCOUNTANCY LIMITED
 

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

1.Accounting policies (continued)

 
1.16

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.


2.


General information

Auker Hutton Accountancy Limited is a limited company incorporated in England and Wales. The principal place of business is at The Stables, Little Coldharbour Farm, Tong Lane, Lamberhurst, Tunbridge Wells, Kent, TN3 8AD.


3.


Employees

The average monthly number of employees, including directors, during the year was 10 (2023 - 9).


4.


Intangible assets



Goodwill

£



Cost


At 1 July 2023
250,000



At 30 June 2024

250,000



Amortisation


At 1 July 2023
250,000



At 30 June 2024

250,000



Net book value



At 30 June 2024
-



Page 6

 
AUKER HUTTON ACCOUNTANCY LIMITED
 

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

5.


Tangible fixed assets





Motor vehicles
Office equipment
Total

£
£
£



Cost or valuation


At 1 July 2023
34,871
26,403
61,274


Additions
-
1,094
1,094



At 30 June 2024

34,871
27,497
62,368



Depreciation


At 1 July 2023
12,906
18,432
31,338


Charge for the year on owned assets
5,491
2,251
7,742



At 30 June 2024

18,397
20,683
39,080



Net book value



At 30 June 2024
16,474
6,814
23,288

The net book value of assets held under finance leases or hire purchase contracts, included above, are as follows:


2024
£



Motor vehicles
16,474


6.


Debtors

2024
2023
£
£


Trade debtors
78,880
76,809

Other debtors
-
8,990

Prepayments and accrued income
11,597
14,704

90,477
100,503


Page 7

 
AUKER HUTTON ACCOUNTANCY LIMITED
 

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

7.


Cash and cash equivalents

2024
2023
£
£

Cash at bank and in hand
84,354
42,186



8.


Creditors: Amounts falling due within one year

2024
2023
£
£

Bank loans
5,556
5,556

Obligations under finance lease and hire purchase contracts
2,985
2,985

Trade creditors
2,604
4,662

Other taxation and social security
73,119
53,680

Directors' loan account
1,127
177

Other creditors
6,178
4,114

91,569
71,174



9.


Creditors: Amounts falling due after more than one year

2024
2023
£
£

Bank loans
28,704
34,259

Net obligations under finance leases and hire purchase contracts
17,745
20,730

46,449
54,989


Page 8

 
AUKER HUTTON ACCOUNTANCY LIMITED
 

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

10.


Loans


Analysis of the maturity of loans is given below:


2024
2023
£
£

Amounts falling due within one year

Bank loans
5,556
5,556

Amounts falling due 1-2 years

Bank loans
5,556
5,556

Amounts falling due 2-5 years

Bank loans
16,667
16,667

Amounts falling due after more than 5 years

Bank loans
6,482
12,037

34,261
39,816



11.


Hire purchase and finance leases


Minimum lease payments under hire purchase fall due as follows:

2024
2023
£
£


Within one year
2,985
2,985

Between 1-5 years
17,745
20,730

20,730
23,715

Page 9

 
AUKER HUTTON ACCOUNTANCY LIMITED
 

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

12.


Deferred taxation




2024


£






At beginning of year
(1,433)


Charged to profit or loss
208



At end of year
(1,225)

The provision for deferred taxation is made up as follows:

2024
2023
£
£


Accelerated capital allowances
(1,225)
(1,433)

(1,225)
(1,433)


13.


Share capital

2024
2023
£
£
Allotted, called up and fully paid



100 (2023 - 100) Ordinary shares of £1.00 each
100
100



Page 10