Caseware UK (AP4) 2023.0.135 2023.0.135 2024-07-312024-07-312023-08-01falseNo description of principal activity11truetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.false 09121316 2023-08-01 2024-07-31 09121316 2022-08-01 2023-07-31 09121316 2024-07-31 09121316 2023-07-31 09121316 c:Director1 2023-08-01 2024-07-31 09121316 d:OfficeEquipment 2023-08-01 2024-07-31 09121316 d:OfficeEquipment 2024-07-31 09121316 d:OfficeEquipment 2023-07-31 09121316 d:OfficeEquipment d:OwnedOrFreeholdAssets 2023-08-01 2024-07-31 09121316 d:ComputerEquipment 2023-08-01 2024-07-31 09121316 d:ComputerEquipment 2024-07-31 09121316 d:ComputerEquipment 2023-07-31 09121316 d:ComputerEquipment d:OwnedOrFreeholdAssets 2023-08-01 2024-07-31 09121316 d:OwnedOrFreeholdAssets 2023-08-01 2024-07-31 09121316 d:CurrentFinancialInstruments 2024-07-31 09121316 d:CurrentFinancialInstruments 2023-07-31 09121316 d:CurrentFinancialInstruments d:WithinOneYear 2024-07-31 09121316 d:CurrentFinancialInstruments d:WithinOneYear 2023-07-31 09121316 d:ShareCapital 2024-07-31 09121316 d:ShareCapital 2023-07-31 09121316 d:RetainedEarningsAccumulatedLosses 2024-07-31 09121316 d:RetainedEarningsAccumulatedLosses 2023-07-31 09121316 c:FRS102 2023-08-01 2024-07-31 09121316 c:AuditExempt-NoAccountantsReport 2023-08-01 2024-07-31 09121316 c:FullAccounts 2023-08-01 2024-07-31 09121316 c:PrivateLimitedCompanyLtd 2023-08-01 2024-07-31 09121316 e:PoundSterling 2023-08-01 2024-07-31 iso4217:GBP xbrli:pure

Registered number: 09121316










ITAP CONSULTANCY LIMITED








UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 31 JULY 2024

 
ITAP CONSULTANCY LIMITED
REGISTERED NUMBER:09121316

BALANCE SHEET
AS AT 31 JULY 2024

2024
2023
Note
£
£

Fixed assets
  

Tangible assets
 4 
4,264
5,234

Investments
 5 
7,000
7,000

  
11,264
12,234

Current assets
  

Debtors: amounts falling due within one year
 6 
7,688
17,947

Cash at bank and in hand
 7 
28,634
15,487

  
36,322
33,434

Creditors: amounts falling due within one year
 8 
(20,026)
(9,673)

Net current assets
  
 
 
16,296
 
 
23,761

  

Net assets
  
27,560
35,995


Capital and reserves
  

Called up share capital 
  
1,000
1,000

Profit and loss account
  
26,560
34,995

  
27,560
35,995


Page 1

 
ITAP CONSULTANCY LIMITED
REGISTERED NUMBER:09121316
    
BALANCE SHEET (CONTINUED)
AS AT 31 JULY 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 Company's financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

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 on 19 February 2025.




................................................
Mr J Horne
Director

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

Page 2

 
ITAP CONSULTANCY LIMITED
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JULY 2024

1.


General information

ITap Consultancy Limited is a private company limited by shares, registered in England and Wales. The registered office is Lansdowne House, 4 Calverley Park Gardens, Tunbridge Wells, TN1 2JN. 

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 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.

 
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

 
ITAP CONSULTANCY LIMITED
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JULY 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, on a reducing balance basis.

Depreciation is provided on the following basis:

Office equipment
-
15% reducing balance
Computer equipment
-
40% 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

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.


3.


Employees

The average monthly number of employees, including the Director, during the year was as follows:


        2024
        2023
            No.
            No.







Director
1
1

Page 4

 
ITAP CONSULTANCY LIMITED
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JULY 2024

4.


Tangible fixed assets





Office equipment
Computer equipment
Total

£
£
£



Cost or valuation


At 1 August 2023
15,428
4,959
20,387



At 31 July 2024

15,428
4,959
20,387



Depreciation


At 1 August 2023
10,937
4,216
15,153


Charge for the year on owned assets
673
297
970



At 31 July 2024

11,610
4,513
16,123



Net book value



At 31 July 2024
3,818
446
4,264



At 31 July 2023
4,491
743
5,234


5.


Fixed asset investments





Other fixed asset investments

£



Cost or valuation


At 1 August 2023
7,000



At 31 July 2024
7,000




Page 5

 
ITAP CONSULTANCY LIMITED
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JULY 2024

6.


Debtors

2024
2023
£
£


Trade debtors
4,800
4,800

Other debtors
-
2,145

Prepayments and accrued income
2,888
11,002

7,688
17,947



7.


Cash and cash equivalents

2024
2023
£
£

Cash at bank and in hand
28,634
15,487

28,634
15,487



8.


Creditors: Amounts falling due within one year

2024
2023
£
£

Corporation tax
9,602
4,087

Other taxation and social security
4,958
4,461

Other creditors
4,266
-

Accruals and deferred income
1,200
1,125

20,026
9,673



9.


Related party transactions

The controlling party of the Company is the Director. 

 
Page 6