Caseware UK (AP4) 2023.0.135 2023.0.135 No description of principal activity2023-04-01false10falsetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.false 01247596 2023-04-01 2024-03-31 01247596 2022-04-01 2023-03-31 01247596 2024-03-31 01247596 2023-03-31 01247596 c:Director2 2023-04-01 2024-03-31 01247596 d:Buildings 2023-04-01 2024-03-31 01247596 d:Buildings 2024-03-31 01247596 d:Buildings 2023-03-31 01247596 d:Buildings d:OwnedOrFreeholdAssets 2023-04-01 2024-03-31 01247596 d:PlantMachinery 2023-04-01 2024-03-31 01247596 d:PlantMachinery 2024-03-31 01247596 d:PlantMachinery 2023-03-31 01247596 d:PlantMachinery d:OwnedOrFreeholdAssets 2023-04-01 2024-03-31 01247596 d:MotorVehicles 2023-04-01 2024-03-31 01247596 d:MotorVehicles 2024-03-31 01247596 d:MotorVehicles 2023-03-31 01247596 d:MotorVehicles d:OwnedOrFreeholdAssets 2023-04-01 2024-03-31 01247596 d:FurnitureFittings 2023-04-01 2024-03-31 01247596 d:FurnitureFittings 2024-03-31 01247596 d:FurnitureFittings 2023-03-31 01247596 d:FurnitureFittings d:OwnedOrFreeholdAssets 2023-04-01 2024-03-31 01247596 d:OwnedOrFreeholdAssets 2023-04-01 2024-03-31 01247596 d:CurrentFinancialInstruments 2024-03-31 01247596 d:CurrentFinancialInstruments 2023-03-31 01247596 d:CurrentFinancialInstruments d:WithinOneYear 2024-03-31 01247596 d:CurrentFinancialInstruments d:WithinOneYear 2023-03-31 01247596 d:ShareCapital 2024-03-31 01247596 d:ShareCapital 2023-03-31 01247596 d:RetainedEarningsAccumulatedLosses 2024-03-31 01247596 d:RetainedEarningsAccumulatedLosses 2023-03-31 01247596 c:FRS102 2023-04-01 2024-03-31 01247596 c:AuditExempt-NoAccountantsReport 2023-04-01 2024-03-31 01247596 c:FullAccounts 2023-04-01 2024-03-31 01247596 c:PrivateLimitedCompanyLtd 2023-04-01 2024-03-31 01247596 2 2023-04-01 2024-03-31 01247596 e:PoundSterling 2023-04-01 2024-03-31 iso4217:GBP xbrli:pure

Registered number: 01247596










KATHGLADE LIMITED








UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

For the Year Ended 31 March 2024

 
KATHGLADE LIMITED
Registered number: 01247596

STATEMENT OF FINANCIAL POSITION
As at 31 March 2024

2024
2023
Note
£
£

Fixed assets
  

Tangible assets
 4 
115,438
128,445

Current assets
  

Debtors: amounts falling due within one year
 5 
27,113
1,962

Cash at bank and in hand
  
2,300
44,139

  
29,413
46,101

Creditors: amounts falling due within one year
 6 
(159,331)
(151,465)

Net current liabilities
  
 
 
(129,918)
 
 
(105,364)

Total assets less current liabilities
  
(14,480)
23,081

  

Net (liabilities)/assets
  
(14,480)
23,081


Capital and reserves
  

Called up share capital 
  
100
100

Profit and loss account
  
(14,580)
22,981

  
(14,480)
23,081


Page 1

 
KATHGLADE LIMITED
Registered number: 01247596
    
STATEMENT OF FINANCIAL POSITION (CONTINUED)
As at 31 March 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: 






P J Nicholson
Director
Date: 28 March 2025

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

Page 2

 
KATHGLADE LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
For the Year Ended 31 March 2024

1.


General information

Kathglade Limited, 01247596, is a private company limited by shares. It is incorporated in England & Wales. The registered office is Wey Court West, Union Road, Farnham, Surrey, GU9 7PT.

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:

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.

 
2.3

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 3

 
KATHGLADE LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
For the Year Ended 31 March 2024

2.Accounting policies (continued)


2.3
Tangible fixed assets (continued)

Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, .

Depreciation is provided on the following basis:

Freehold property
-
5%
straight line
Plant & machinery
-
20%
reducing balance
Motor vehicles
-
25%
reducing balance
Fixtures & fittings
-
20%
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.

 
2.4

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.

 
2.5

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.

 
2.6

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.

 
2.7

Interest income

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


3.


Employees

The average monthly number of employees, including directors, during the year was 1 (2023 - 0).

Page 4

 
KATHGLADE LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
For the Year Ended 31 March 2024

4.


Tangible fixed assets





Freehold property
Plant & machinery
Motor vehicles
Fixtures & fittings
Total

£
£
£
£
£



Cost or valuation


At 1 April 2023
253,638
89,192
998
1,445
345,273



At 31 March 2024

253,638
89,192
998
1,445
345,273



Depreciation


At 1 April 2023
126,819
87,977
998
1,034
216,828


Charge for the year on owned assets
12,682
243
-
82
13,007



At 31 March 2024

139,501
88,220
998
1,116
229,835



Net book value



At 31 March 2024
114,137
972
-
329
115,438



At 31 March 2023
126,819
1,215
-
411
128,445


5.


Debtors

2024
2023
£
£


Trade debtors
1,997
1,962

Other debtors
19,253
-

Prepayments and accrued income
5,863
-

27,113
1,962


Page 5

 
KATHGLADE LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
For the Year Ended 31 March 2024

6.


Creditors: Amounts falling due within one year

2024
2023
£
£

Trade creditors
5,616
235

Corporation tax
50
-

Other taxation and social security
2,826
809

Other creditors
145,839
147,921

Accruals and deferred income
5,000
2,500

159,331
151,465



7.


Controlling party

The parent company is Kathglade Holdings Limited.

 
Page 6