Caseware UK (AP4) 2023.0.135 2023.0.135 2024-08-312024-08-31true2023-09-01falseNo description of principal activity21falseThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.false 12839359 2023-09-01 2024-08-31 12839359 2022-09-01 2023-08-31 12839359 2024-08-31 12839359 2023-08-31 12839359 c:Director1 2023-09-01 2024-08-31 12839359 d:CurrentFinancialInstruments 2024-08-31 12839359 d:CurrentFinancialInstruments 2023-08-31 12839359 d:CurrentFinancialInstruments d:WithinOneYear 2024-08-31 12839359 d:CurrentFinancialInstruments d:WithinOneYear 2023-08-31 12839359 d:ShareCapital 2024-08-31 12839359 d:ShareCapital 2023-08-31 12839359 d:OtherMiscellaneousReserve 2024-08-31 12839359 d:OtherMiscellaneousReserve 2023-08-31 12839359 d:RetainedEarningsAccumulatedLosses 2024-08-31 12839359 d:RetainedEarningsAccumulatedLosses 2023-08-31 12839359 c:FRS102 2023-09-01 2024-08-31 12839359 c:AuditExempt-NoAccountantsReport 2023-09-01 2024-08-31 12839359 c:FullAccounts 2023-09-01 2024-08-31 12839359 c:PrivateLimitedCompanyLtd 2023-09-01 2024-08-31 12839359 6 2023-09-01 2024-08-31 12839359 e:PoundSterling 2023-09-01 2024-08-31 iso4217:GBP xbrli:pure
Registered number: 12839359


STRAUSS ADVISORY LIMITED
(FORMERLY KNOWN AS MY BUCKET LIST CAR LIMITED)
UNAUDITED
FINANCIAL STATEMENTS
INFORMATION FOR FILING WITH THE REGISTRAR
FOR THE YEAR ENDED 31 AUGUST 2024

 
STRAUSS ADVISORY LIMITED (FORMERLY KNOWN AS MY BUCKET LIST CAR LIMITED)
REGISTERED NUMBER: 12839359

BALANCE SHEET
AS AT 31 AUGUST 2024

2024
2023
Note
£
£

Fixed assets
  

Investments
 4 
450
50,950

  
450
50,950

Current assets
  

Stocks
  
-
40,000

Debtors: amounts falling due within one year
 5 
82,015
30,975

Cash at bank and in hand
 6 
79,000
49,037

  
161,015
120,012

Creditors: amounts falling due within one year
 7 
(22,279)
(93,997)

Net current assets
  
 
 
138,736
 
 
26,015

Total assets less current liabilities
  
139,186
76,965

  

Net assets
  
139,186
76,965


Capital and reserves
  

Called up share capital 
  
2
2

Other reserves
  
(50)
450

Profit and loss account
  
139,234
76,513

  
139,186
76,965


Page 1

 
STRAUSS ADVISORY LIMITED (FORMERLY KNOWN AS MY BUCKET LIST CAR LIMITED)
REGISTERED NUMBER: 12839359
    
BALANCE SHEET (CONTINUED)
AS AT 31 AUGUST 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 profit and loss account 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: 




S Strauss
Director
Date: 31 March 2025

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

Page 2

 
STRAUSS ADVISORY LIMITED (FORMERLY KNOWN AS MY BUCKET LIST CAR LIMITED)
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2024

1.


General information

The company is a private company limited by shares and is incorporated in England and Wales. The address of its registered office is 14th Floor, 33 Cavendish Square, London, W1G 0PW. 

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.

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

 
STRAUSS ADVISORY LIMITED (FORMERLY KNOWN AS MY BUCKET LIST CAR LIMITED)
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 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 balance sheet date in the countries where the Company operates and generates income.


 
2.4

Valuation of investments

Investments in subsidiaries are measured at cost less accumulated impairment.

Investments in unlisted Company shares, whose market value can be reliably determined, are remeasured to market value at each balance sheet date. Gains and losses on remeasurement are recognised in the Profit and loss account for the period. Where market value cannot be reliably determined, such investments are stated at historic cost less impairment.

Investments in listed company shares are remeasured to market value at each balance sheet date. Gains and losses on remeasurement are recognised in profit or loss for the period.

 
2.5

Stocks

Stocks are stated at the lower of cost and net realisable value, being the estimated selling price less costs to complete and sell. Cost is based on the cost of purchase on a first in, first out basis. Work in progress and finished goods include labour and attributable overheads.

At each balance sheet date, stocks are assessed for impairment. If stock is impaired, the carrying amount is reduced to its selling price less costs to complete and sell. The impairment loss is recognised immediately 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.

Page 4

 
STRAUSS ADVISORY LIMITED (FORMERLY KNOWN AS MY BUCKET LIST CAR LIMITED)
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2024

2.Accounting policies (continued)

 
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.


3.


Employees

2024
2023
£
£

Wages and salaries
2,665
-

Cost of defined contribution scheme
10,000
15,812

12,665
15,812


The average monthly number of employees, including directors, during the year was 2 (2023 - 1).

Page 5

 
STRAUSS ADVISORY LIMITED (FORMERLY KNOWN AS MY BUCKET LIST CAR LIMITED)
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2024

4.


Fixed asset investments





Listed investments

£



Valuation


At 1 September 2023
50,950


Disposals
(50,000)


Revaluations
(500)



At 31 August 2024
450




Page 6

 
STRAUSS ADVISORY LIMITED (FORMERLY KNOWN AS MY BUCKET LIST CAR LIMITED)
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2024

5.


Debtors

2024
2023
£
£


Other debtors
82,000
-

Prepayments and accrued income
15
30,975

82,015
30,975



6.


Cash and cash equivalents

2024
2023
£
£

Cash at bank and in hand
79,000
49,037



7.


Creditors: Amounts falling due within one year

2024
2023
£
£

Trade creditors
-
5,428

Corporation tax
17,872
10,389

Other creditors
3,307
77,180

Accruals and deferred income
1,100
1,000

22,279
93,997


 
Page 7