Caseware UK (AP4) 2024.0.164 2024.0.164 2024-04-302024-04-302023-05-01falseNo 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 09012659 2023-05-01 2024-04-30 09012659 2022-05-01 2023-04-30 09012659 2024-04-30 09012659 2023-04-30 09012659 2022-05-01 09012659 c:Director1 2023-05-01 2024-04-30 09012659 d:OfficeEquipment 2023-05-01 2024-04-30 09012659 d:OfficeEquipment 2024-04-30 09012659 d:OfficeEquipment 2023-04-30 09012659 d:OfficeEquipment d:OwnedOrFreeholdAssets 2023-05-01 2024-04-30 09012659 d:CurrentFinancialInstruments 2024-04-30 09012659 d:CurrentFinancialInstruments 2023-04-30 09012659 d:Non-currentFinancialInstruments 2024-04-30 09012659 d:Non-currentFinancialInstruments 2023-04-30 09012659 d:CurrentFinancialInstruments d:WithinOneYear 2024-04-30 09012659 d:CurrentFinancialInstruments d:WithinOneYear 2023-04-30 09012659 d:Non-currentFinancialInstruments d:AfterOneYear 2024-04-30 09012659 d:Non-currentFinancialInstruments d:AfterOneYear 2023-04-30 09012659 d:ShareCapital 2023-05-01 2024-04-30 09012659 d:ShareCapital 2024-04-30 09012659 d:ShareCapital 2022-05-01 2023-04-30 09012659 d:ShareCapital 2023-04-30 09012659 d:ShareCapital 2022-05-01 09012659 d:RetainedEarningsAccumulatedLosses 2023-05-01 2024-04-30 09012659 d:RetainedEarningsAccumulatedLosses 2024-04-30 09012659 d:RetainedEarningsAccumulatedLosses 2022-05-01 2023-04-30 09012659 d:RetainedEarningsAccumulatedLosses 2023-04-30 09012659 d:RetainedEarningsAccumulatedLosses 2022-05-01 09012659 c:OrdinaryShareClass1 2023-05-01 2024-04-30 09012659 c:OrdinaryShareClass1 2024-04-30 09012659 c:OrdinaryShareClass1 2023-04-30 09012659 c:FRS102 2023-05-01 2024-04-30 09012659 c:AuditExempt-NoAccountantsReport 2023-05-01 2024-04-30 09012659 c:FullAccounts 2023-05-01 2024-04-30 09012659 c:PrivateLimitedCompanyLtd 2023-05-01 2024-04-30 09012659 2 2023-05-01 2024-04-30 09012659 6 2023-05-01 2024-04-30 09012659 e:PoundSterling 2023-05-01 2024-04-30 iso4217:GBP xbrli:shares xbrli:pure
Registered number: 09012659







SYLVIA COHEN COMMUNICATION LIMITED


UNAUDITED
FINANCIAL STATEMENTS
INFORMATION FOR FILING WITH THE REGISTRAR
FOR THE YEAR ENDED 30 APRIL 2024

 
SYLVIA COHEN COMMUNICATION LIMITED
REGISTERED NUMBER: 09012659

STATEMENT OF FINANCIAL POSITION
AS AT 30 APRIL 2024

2024
2023
Note
£
£

Fixed assets
  

Tangible assets
 4 
-
131

Investments
 5 
20,000
20,000

  
20,000
20,131

Current assets
  

Debtors: amounts falling due within one year
 6 
15,899
35,640

  
15,899
35,640

Creditors: amounts falling due within one year
 7 
(17,396)
(38,690)

Net current liabilities
  
 
 
(1,497)
 
 
(3,050)

Total assets less current liabilities
  
18,503
17,081

Creditors: amounts falling due after more than one year
 8 
(75,204)
(87,353)

  

Net liabilities
  
(56,701)
(70,272)


Capital and reserves
  

Called up share capital 
 9 
1
1

Profit and loss account
 10 
(56,702)
(70,273)

  
(56,701)
(70,272)


Page 1

 
SYLVIA COHEN COMMUNICATION LIMITED
REGISTERED NUMBER: 09012659
    
STATEMENT OF FINANCIAL POSITION (CONTINUED)
AS AT 30 APRIL 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 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 10 April 2025.




S Cohen
Director

The notes on pages 4 to 10 form part of these financial statements.

Page 2

 
SYLVIA COHEN COMMUNICATION LIMITED
 

STATEMENT OF CHANGES IN EQUITY
FOR THE YEAR ENDED 30 APRIL 2024


Called up share capital
Profit and loss account
Total equity

£
£
£


At 1 May 2022
1
6,095
6,096


Comprehensive income for the year

Loss for the year
-
(38,368)
(38,368)
Total comprehensive income for the year
-
(38,368)
(38,368)


Contributions by and distributions to owners

Dividends: Equity capital
-
(38,000)
(38,000)


Total transactions with owners
-
(38,000)
(38,000)



At 1 May 2023
1
(70,273)
(70,272)


Comprehensive income for the year

Profit for the year
-
50,221
50,221
Total comprehensive income for the year
-
50,221
50,221


Contributions by and distributions to owners

Dividends: Equity capital
-
(36,650)
(36,650)


Total transactions with owners
-
(36,650)
(36,650)


At 30 April 2024
1
(56,702)
(56,701)


The notes on pages 4 to 10 form part of these financial statements.

Page 3

 
SYLVIA COHEN COMMUNICATION LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 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

Foreign currency translation

Functional and presentation currency

The Company's functional and presentational currency is GBP.

Transactions and balances

Foreign currency transactions are translated into the functional currency using the spot exchange rates at the dates of the transactions.

At each period end foreign currency monetary items are translated using the closing rate. Non-monetary items measured at historical cost are translated using the exchange rate at the date of the transaction and non-monetary items measured at fair value are measured using the exchange rate when fair value was determined.

 
1.3

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.

 
1.4

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.

Page 4

 
SYLVIA COHEN COMMUNICATION LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2024

1.Accounting policies (continued)

 
1.5

Interest income

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

 
1.6

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.

 
1.7

Borrowing costs

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

 
1.8

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 Statement of financial position. The assets of the plan are held separately from the Company in independently administered funds.

 
1.9

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 reporting date in the countries where the Company operates and generates income.


 
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.

Page 5

 
SYLVIA COHEN COMMUNICATION LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2024

1.Accounting policies (continued)


1.10
Tangible fixed assets (continued)

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

Depreciation is provided on the following basis:

Office equipment
-
25%
straight line

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

Valuation of investments

Investments in unlisted Company shares, whose market value can be reliably determined, are remeasured to market value at each reporting date. Gains and losses on remeasurement are recognised in the Statement of comprehensive income for the period. Where market value cannot be reliably determined, such investments are stated at historic cost less impairment.

 
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

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.

 
1.14

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.

Page 6

 
SYLVIA COHEN COMMUNICATION LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2024

2.


Judgments in applying accounting policies and key sources of estimation uncertainty

In the application of the company's accounting policies management is required to make judgements, estimates and assumptions about the carrying value of assets and liabilities that are not readily ascertainable from other sources. The estimates and underlying assumptions are based on historical experience and other factors that are considered to be relevant. Actual outcomes may differ from these estimates.
The estimates and underlying assumptions are reviewed on a continuing basis. Revisions to accounting estimates are recognised in the period in which the estimates are revised.
The key areas of estimation uncertainty that have a significant effect on the amounts recognised in the financial statements are described below:
Prepayments & Accrued Expenditure
The company includes a provision for invoices which are yet to be received from and amounts paid in advance to suppliers. These provisions are estimated based upon the expected values of the invoices which are issued and services received following the period end.


3.


Employees

2024
2023
£
£

Wages and salaries
12,570
38,197

Social security costs
479
-

Cost of defined contribution scheme
-
235

13,049
38,432


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

Page 7

 
SYLVIA COHEN COMMUNICATION LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2024

4.


Tangible fixed assets





Office equipment

£



Cost or valuation


At 1 May 2023
904



At 30 April 2024

904



Depreciation


At 1 May 2023
773


Charge for the year on owned assets
131



At 30 April 2024

904



Net book value



At 30 April 2024
-



At 30 April 2023
131


5.


Fixed asset investments





Other fixed asset investments

£



Cost or valuation


At 1 May 2023
20,000



At 30 April 2024
20,000




Page 8

 
SYLVIA COHEN COMMUNICATION LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2024

6.


Debtors

2024
2023
£
£


Trade debtors
13,408
22,442

Other debtors
2,491
13,198

15,899
35,640



7.


Creditors: Amounts falling due within one year

2024
2023
£
£

Bank overdrafts
260
37,323

Trade creditors
1,961
-

Corporation tax
3,718
1

Other taxation and social security
8,477
366

Other creditors
1,980
-

Accruals and deferred income
1,000
1,000

17,396
38,690



8.


Creditors: Amounts falling due after more than one year

2024
2023
£
£

Bank loans
63,004
87,353

Other loans
12,200
-

75,204
87,353



9.


Share capital

2024
2023
£
£
Allotted, called up and fully paid



1 (2023 - 1) Ordinary share of £1.00
1
1


Page 9

 
SYLVIA COHEN COMMUNICATION LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2024

10.


Reserves

Profit and loss account

The profit and loss reserve is fully distributable.


11.


Pension commitments

The Company operates a defined contributions pension scheme. The assets of the scheme are held separately from those of the Company  in an independently administered fund. The pension cost charge represents contributions payable by the Company to the fund and amounted to £nil (2023 - £235). Contributions totalling £nil (2023 - £nil) were payable to the fund at the reporting date and are included in creditors.

 
Page 10