Caseware UK (AP4) 2024.0.164 2024.0.164 2024-07-312024-07-3122023-08-01falseNo description of principal activity2truetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.false 10272769 2023-08-01 2024-07-31 10272769 2022-08-01 2023-07-31 10272769 2024-07-31 10272769 2023-07-31 10272769 c:Director2 2023-08-01 2024-07-31 10272769 d:FurnitureFittings 2023-08-01 2024-07-31 10272769 d:FurnitureFittings 2024-07-31 10272769 d:FurnitureFittings 2023-07-31 10272769 d:FurnitureFittings d:OwnedOrFreeholdAssets 2023-08-01 2024-07-31 10272769 d:OfficeEquipment 2023-08-01 2024-07-31 10272769 d:OfficeEquipment 2024-07-31 10272769 d:OfficeEquipment 2023-07-31 10272769 d:OfficeEquipment d:OwnedOrFreeholdAssets 2023-08-01 2024-07-31 10272769 d:OtherPropertyPlantEquipment 2023-08-01 2024-07-31 10272769 d:OtherPropertyPlantEquipment 2024-07-31 10272769 d:OtherPropertyPlantEquipment 2023-07-31 10272769 d:OtherPropertyPlantEquipment d:OwnedOrFreeholdAssets 2023-08-01 2024-07-31 10272769 d:OwnedOrFreeholdAssets 2023-08-01 2024-07-31 10272769 d:CurrentFinancialInstruments 2024-07-31 10272769 d:CurrentFinancialInstruments 2023-07-31 10272769 d:CurrentFinancialInstruments d:WithinOneYear 2024-07-31 10272769 d:CurrentFinancialInstruments d:WithinOneYear 2023-07-31 10272769 d:ShareCapital 2024-07-31 10272769 d:ShareCapital 2023-07-31 10272769 d:RetainedEarningsAccumulatedLosses 2024-07-31 10272769 d:RetainedEarningsAccumulatedLosses 2023-07-31 10272769 c:FRS102 2023-08-01 2024-07-31 10272769 c:AuditExempt-NoAccountantsReport 2023-08-01 2024-07-31 10272769 c:FullAccounts 2023-08-01 2024-07-31 10272769 c:PrivateLimitedCompanyLtd 2023-08-01 2024-07-31 10272769 e:PoundSterling 2023-08-01 2024-07-31 iso4217:GBP xbrli:pure

Registered number: 10272769










PETERSSON CONSULTING LIMITED








UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 31 JULY 2024

 
PETERSSON CONSULTING LIMITED
REGISTERED NUMBER: 10272769

STATEMENT OF FINANCIAL POSITION
AS AT 31 JULY 2024

2024
2023
Note
£
£

Fixed assets
  

Tangible assets
 4 
2,955
4,051

  
2,955
4,051

Current assets
  

Debtors: amounts falling due within one year
 5 
500
500

Cash at bank and in hand
  
20
2,595

  
520
3,095

Creditors: amounts falling due within one year
 6 
(12,180)
(16,932)

Net current liabilities
  
 
 
(11,660)
 
 
(13,837)

Total assets less current liabilities
  
(8,705)
(9,786)

  

Net liabilities
  
(8,705)
(9,786)


Capital and reserves
  

Called up share capital 
  
10
10

Profit and loss account
  
(8,715)
(9,796)

  
(8,705)
(9,786)


Page 1

 
PETERSSON CONSULTING LIMITED
REGISTERED NUMBER: 10272769
    
STATEMENT OF FINANCIAL POSITION (CONTINUED)
AS AT 31 JULY 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 on 7 April 2025.




J Gerich
Director

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

Page 2

 
PETERSSON CONSULTING LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JULY 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 presentational currency of the Company is GBP.

The following principal accounting policies have been applied:

 
1.2

Going concern

At the balance sheet date, the Company had net current liabilities of £11,660 (2023: £13,837). The directors have pledged to continue to financially support the Company for the foreseeable future. On this basis, the directors feel it is appropriate to prepare these financial statements on a going concern basis.

 
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

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.

Page 3

 
PETERSSON CONSULTING LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JULY 2024

1.Accounting policies (continued)

 
1.5

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.


 
1.6

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.

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

Depreciation is provided on the following basis:

Fixtures and fittings
-
20%
straight-line
Office equipment
-
20%
straight-line
Other fixed assets
-
25%
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.

 
1.7

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.

 
1.8

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.

 
1.9

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 4

 
PETERSSON CONSULTING LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JULY 2024

2.


General information

Petersson Consulting Limited is a private company, limited by shares and registered in England and Wales.
Its registered number is: 10272769
The address of its registered office is:
Invision House 
Wilbury Way
Hitchin
Hertfordshire
SG4 0TY


3.


Employees

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


4.


Tangible fixed assets





Fixtures and fittings
Office equipment
Other fixed assets
Total

£
£
£
£



Cost or valuation


At 1 August 2023
783
8,255
1,236
10,274


Disposals
(400)
(1,572)
-
(1,972)



At 31 July 2024

383
6,683
1,236
8,302



Depreciation


At 1 August 2023
477
5,206
541
6,224


Charge for the year on owned assets
77
844
174
1,095


Disposals
(400)
(1,572)
-
(1,972)



At 31 July 2024

154
4,478
715
5,347



Net book value



At 31 July 2024
229
2,205
521
2,955

Page 5

 
PETERSSON CONSULTING LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JULY 2024

5.


Debtors

2024
2023
£
£


Other debtors
500
500

500
500



6.


Creditors: Amounts falling due within one year

2024
2023
£
£

Corporation tax
601
624

Other taxation and social security
4,732
9,625

Other creditors
5,447
5,283

Accruals and deferred income
1,400
1,400

12,180
16,932


 
Page 6