Caseware UK (AP4) 2023.0.135 2023.0.135 2024-03-312024-03-312023-03-18falseNo 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 14739906 2023-03-17 14739906 2023-03-18 2024-03-31 14739906 2022-03-18 2023-03-17 14739906 2024-03-31 14739906 c:Director1 2023-03-18 2024-03-31 14739906 d:CurrentFinancialInstruments 2024-03-31 14739906 d:CurrentFinancialInstruments d:WithinOneYear 2024-03-31 14739906 d:ShareCapital 2024-03-31 14739906 d:RetainedEarningsAccumulatedLosses 2024-03-31 14739906 c:FRS102 2023-03-18 2024-03-31 14739906 c:AuditExempt-NoAccountantsReport 2023-03-18 2024-03-31 14739906 c:FullAccounts 2023-03-18 2024-03-31 14739906 c:PrivateLimitedCompanyLtd 2023-03-18 2024-03-31 14739906 e:PoundSterling 2023-03-18 2024-03-31 iso4217:GBP xbrli:pure

Registered number: 14739906









NEWSGATHERING UK LTD







UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE PERIOD ENDED 31 MARCH 2024

 
NEWSGATHERING UK LTD
REGISTERED NUMBER: 14739906

BALANCE SHEET
AS AT 31 MARCH 2024

2024
2024
Note
£
£

  

Current assets
  

Cash at bank and in hand
  
4,424

  
4,424

Creditors: amounts falling due within one year
 4 
(5,182)

Net current liabilities
  
 
 
(758)

Total assets less current liabilities
  
(758)

  

Net liabilities
  
(758)


Capital and reserves
  

Called up share capital 
  
1

Profit and loss account
  
(759)

  
(758)


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 period 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: 




................................................
E Blake
Director

Date: 2 April 2025

The notes on pages 3 to 5 form part of these financial statements.
Page 1

 
NEWSGATHERING UK LTD
REGISTERED NUMBER: 14739906
    
BALANCE SHEET (CONTINUED)
AS AT 31 MARCH 2024


Page 2

 
NEWSGATHERING UK LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 MARCH 2024

1.


General information

Newsgathering UK Ltd is a private company limited by shares, registered in England and Wales. The registered office address is West Hill Villa, Coburg Place, Hastings, East Sussex, UK, TN34 3HY.

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

After making enquiries, the director has a reasonable expectation that the company has adequate resources to continue in operational existence and meet its liabilities as they fall due for the foreseeable future, being a period of at least twelve months from the date these financial statements were approved. Accordingly, he continues to adopt the going concern basis in preparing the financial statements

 
2.3

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.

 
2.4

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.

Page 3

 
NEWSGATHERING UK LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 MARCH 2024

2.Accounting policies (continued)

 
2.5

Financial instruments

The Company has elected to apply the provisions of Section 11 “Basic Financial Instruments” of FRS 102 to all of its financial instruments.

Basic financial assets

Basic financial assets, which include trade and other receivables, cash and bank balances, are initially measured at their transaction price including transaction costs and are subsequently carried at their amortised cost using the effective interest method, less any provision for impairment, unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest.

Discounting is omitted where the effect of discounting is immaterial. The Company's cash and cash equivalents, trade and most other receivables due with the operating cycle fall into this category of financial instruments.

Financial liabilities

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instruments any contract that evidences a residual interest in the assets of the Company after the deduction of all its liabilities.

Basic financial liabilities, which include trade and other payables, bank loans and other loans are initially measured at their transaction price after transaction costs. When this constitutes a financing transaction, whereby the debt instrument is measured at the present value of the future payments discounted at a market rate of interest. Discounting is omitted where the effect of discounting is immaterial.

Debt instruments are subsequently carried at their amortised cost using the effective interest rate method.

Trade payables are obligations to pay for goods and services that have been acquired in the ordinary course of business from suppliers. Trade payables are classified as current liabilities if the payment is due within one year. If not, they represent non-current liabilities. Trade payables are initially recognised at their transaction price and subsequently are measured at amortised cost using the effective interest method. Discounting is omitted where the effect of discounting is immaterial.


3.


Employees

The average monthly number of employees, including directors, during the period was 1.

Page 4

 
NEWSGATHERING UK LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 MARCH 2024

4.


Creditors: Amounts falling due within one year

2024
£

Other creditors
4,462

Accruals and deferred income
720

5,182


 
Page 5