Caseware UK (AP4) 2023.0.135 2023.0.135 2024-07-312024-07-312023-08-01falseconsultancy11falsetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.false 13513661 2023-08-01 2024-07-31 13513661 2022-08-01 2023-07-31 13513661 2024-07-31 13513661 2023-07-31 13513661 c:Director1 2023-08-01 2024-07-31 13513661 d:FurnitureFittings 2023-08-01 2024-07-31 13513661 d:FurnitureFittings 2024-07-31 13513661 d:FurnitureFittings 2023-07-31 13513661 d:FurnitureFittings d:OwnedOrFreeholdAssets 2023-08-01 2024-07-31 13513661 d:CurrentFinancialInstruments 2024-07-31 13513661 d:CurrentFinancialInstruments 2023-07-31 13513661 d:CurrentFinancialInstruments d:WithinOneYear 2024-07-31 13513661 d:CurrentFinancialInstruments d:WithinOneYear 2023-07-31 13513661 d:ShareCapital 2024-07-31 13513661 d:ShareCapital 2023-07-31 13513661 d:RetainedEarningsAccumulatedLosses 2024-07-31 13513661 d:RetainedEarningsAccumulatedLosses 2023-07-31 13513661 c:OrdinaryShareClass1 2023-08-01 2024-07-31 13513661 c:OrdinaryShareClass1 2024-07-31 13513661 c:OrdinaryShareClass1 2023-07-31 13513661 c:OrdinaryShareClass2 2023-08-01 2024-07-31 13513661 c:OrdinaryShareClass2 2024-07-31 13513661 c:FRS102 2023-08-01 2024-07-31 13513661 c:AuditExempt-NoAccountantsReport 2023-08-01 2024-07-31 13513661 c:FullAccounts 2023-08-01 2024-07-31 13513661 c:PrivateLimitedCompanyLtd 2023-08-01 2024-07-31 13513661 e:PoundSterling 2023-08-01 2024-07-31 xbrli:shares iso4217:GBP xbrli:pure

Registered number: 13513661









ANOTHER GENERAL COMPANY LTD







UNAUDITED

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 JULY 2024

 
ANOTHER GENERAL COMPANY LTD
REGISTERED NUMBER: 13513661

BALANCE SHEET
AS AT 31 JULY 2024

2024
2023
Note
£
£

Fixed assets
  

Tangible assets
 4 
2,390
2,969

  
2,390
2,969

Current assets
  

Stocks
  
5,545
-

Debtors: amounts falling due within one year
 5 
21,049
40,315

Cash at bank and in hand
 6 
50,118
91,446

  
76,712
131,761

Creditors: amounts falling due within one year
 7 
(76,484)
(83,899)

Net current assets
  
 
 
228
 
 
47,862

Total assets less current liabilities
  
2,618
50,831

  

Net assets
  
2,618
50,831


Capital and reserves
  

Called up share capital 
 8 
100
1

Profit and loss account
  
2,518
50,830

  
2,618
50,831


Page 1

 
ANOTHER GENERAL COMPANY LTD
REGISTERED NUMBER: 13513661
    
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 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 15 April 2025.




................................................
Max Halley
Director

The notes on pages 3 to 8 form part of these financial statements.

Page 2

 
ANOTHER GENERAL COMPANY LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JULY 2024

1.


General information

Another General Company Ltd is a private company limited by shares, incorporated in England and Wales. The principal activity throughout the year was that of consultancy. 

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.

 
2.3

Research and development

In the research phase of an internal project it is not possible to demonstrate that the project will generate future economic benefits and hence all expenditure on research shall be recognised as an expense when it is incurred. Intangible assets are recognised from the development phase of a project if and only if certain specific criteria are met in order to demonstrate the asset will generate probable future economic benefits and that its cost can be reliably measured. The capitalised development costs are subsequently amortised on a straight-line basis over their useful economic lives, which range from 3 to 6 years.
If it is not possible to distinguish between the research phase and the development phase of an internal project, the expenditure is treated as if it were all incurred in the research phase only.

Page 3

 
ANOTHER GENERAL COMPANY LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JULY 2024

2.Accounting policies (continued)

 
2.4

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.


 
2.5

Development costs

The Research and development costs incurred during the year are included in Profit and Loss account.

 
2.6

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, on a reducing balance basis.

Depreciation is provided on the following basis:

Fixtures and fittings
-
33% 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.

 
2.7

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 SELECT OR ENTER METHOD 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.

 
2.8

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.

Page 4

 
ANOTHER GENERAL COMPANY LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JULY 2024

2.Accounting policies (continued)

 
2.9

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.

 
2.10

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.

 
2.11

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
9,096
3,032

9,096
3,032


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

Page 5

 
ANOTHER GENERAL COMPANY LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JULY 2024

4.


Tangible fixed assets





Fixtures and fittings

£



Cost or valuation


At 1 August 2023
4,431


Additions
599



At 31 July 2024

5,030



Depreciation


At 1 August 2023
1,462


Charge for the year on owned assets
1,178



At 31 July 2024

2,640



Net book value



At 31 July 2024
2,390



At 31 July 2023
2,969

Page 6

 
ANOTHER GENERAL COMPANY LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JULY 2024

5.


Debtors

2024
2023
£
£


Trade debtors
-
14,400

Amounts owed by group undertakings
19,639
-

Amounts owed by joint ventures and associated undertakings
-
14,639

Other debtors
1,410
11,276

21,049
40,315


Included within other debtors is a loan to Max Halley, the director, amounting to £Nil (2023 - £11,276). There were no conditions attached to the loan.




6.


Cash and cash equivalents

2024
2023
£
£

Cash at bank and in hand
50,118
91,446

50,118
91,446



7.


Creditors: Amounts falling due within one year

2024
2023
£
£

Trade creditors
4,542
-

Amounts owed to joint ventures
46,670
42,142

Corporation tax
21,296
19,865

Other taxation and social security
1,538
20,292

Other creditors
758
-

Accruals and deferred income
1,680
1,600

76,484
83,899


Page 7

 
ANOTHER GENERAL COMPANY LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JULY 2024

8.


Share capital

2024
2023
£
£
Allotted, called up and fully paid



76 (2023 - 1) Ordinary shares of £1 each
76
1
24 (2023 - ) Ordinary A shares of £1 each
24
-

100

1

During the year 75 Ordinary £1 shares and 24 A Ordinary £1 shares were issued at par.





9.


Controlling party

The Company is controlled by the director, Max Halley, by virtue of his shareholding as described in the director's report.

 
Page 8