Caseware UK (AP4) 2024.0.164 2024.0.164 2024-04-302024-04-3022023-05-012falseOther education not elsewhere classifiedfalsetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.false 13358283 2023-05-01 2024-04-30 13358283 2022-05-01 2023-04-30 13358283 2024-04-30 13358283 2023-04-30 13358283 c:Director2 2023-05-01 2024-04-30 13358283 d:CurrentFinancialInstruments 2024-04-30 13358283 d:CurrentFinancialInstruments 2023-04-30 13358283 d:CurrentFinancialInstruments d:WithinOneYear 2024-04-30 13358283 d:CurrentFinancialInstruments d:WithinOneYear 2023-04-30 13358283 d:ShareCapital 2024-04-30 13358283 d:ShareCapital 2023-04-30 13358283 d:RetainedEarningsAccumulatedLosses 2024-04-30 13358283 d:RetainedEarningsAccumulatedLosses 2023-04-30 13358283 c:OrdinaryShareClass1 2023-05-01 2024-04-30 13358283 c:OrdinaryShareClass1 2024-04-30 13358283 c:OrdinaryShareClass1 2023-04-30 13358283 c:FRS102 2023-05-01 2024-04-30 13358283 c:AuditExempt-NoAccountantsReport 2023-05-01 2024-04-30 13358283 c:FullAccounts 2023-05-01 2024-04-30 13358283 c:PrivateLimitedCompanyLtd 2023-05-01 2024-04-30 13358283 e:PoundSterling 2023-05-01 2024-04-30 xbrli:shares iso4217:GBP xbrli:pure
Registered number: 13358283














MURPHYBISHOP LTD
UNAUDITED
FINANCIAL STATEMENTS
FOR THE PERIOD ENDED  30 APRIL 2024

 
MURPHYBISHOP LTD
 

CONTENTS



Page
Statement of financial position
 
1
Notes to the financial statements
 
2 - 4


 
MURPHYBISHOP LTD
REGISTERED NUMBER:13358283

STATEMENT OF FINANCIAL POSITION
AS AT 30 APRIL 2024

2024
2023
Note
£
£

  

Current assets
  

Debtors: amounts falling due within one year
 4 
15,442
7,700

Bank and cash balances
  
2,096
822

  
17,538
8,522

Creditors: amounts falling due within one year
 5 
(19,326)
(5,552)

Net current (liabilities)/assets
  
 
 
(1,788)
 
 
2,970

  


Capital and reserves
  

Called up share capital 
 6 
2
2

Profit and loss account
  
(1,790)
2,968

  
(1,788)
2,970


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 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 22 April 2025.




I. Murphy-Schwitzer
Director

The notes on pages 2 to 4 form part of these financial statements.

Page 1

 
MURPHYBISHOP LTD
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2024

1.


General information

MurphyBishop LTD is a limited liability company registered in England and Wales. Its registered office address is at 5 Elstree Gate, Elstree Way, Borehamwood, Hertfordshire, United Kingdom, WD6 1JD.
The principal activity of the Company during the year was that of providing executive and organisational coaching.
The financial statements are presented in £ sterling, which is the functional currency of the Company. 

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

Turnover

Turnover is comprised revenue recognised by the company in respect of services supplied in the year exclusive of trade discounts.                            Revenue is recognised at the commencement of the training course.

 
2.3

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.

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


 
2.5

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 2

 
MURPHYBISHOP LTD
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2024

2.Accounting policies (continued)

 
2.6

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.

 
2.7

Basic financial instruments


The Company only enters into transactions that result in basic financial instruments such as trade and other debtors, trade and other creditors, cash at bank and in hand, loans to related parties.
Trade debtors, other debtors and loans to related parties are recognised initially at the transaction price less attributable transaction costs. Trade creditors, other creditors and loans from related parties are recognised initially at transaction price plus attributable transaction costs. Subsequently they are measured at amortised cost using the effective interest method, less any impairment losses in the case of trade and other debtors, and loans to related parties.
Interest bearing borrowings, such bank loans, classified as basic financial instruments are recognised initially at the present value of future payments discounted at a market rate of interest. Thereafter they are stated at amortised cost using the effective interest method.
Cash and cash equivalents comprise cash balances and call deposits.


3.


Employees




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


4.


Debtors

2024
2023
£
£


Trade debtors
14,697
6,450

Other debtors
745
-

Prepayments and accrued income
-
1,250

15,442
7,700


Page 3

 
MURPHYBISHOP LTD
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2024

5.


Creditors: Amounts falling due within one year

2024
2023
£
£

Trade creditors
4,500
-

Corporation tax
-
745

Other creditors
2,071
3,127

Accruals and deferred income
12,755
1,680

19,326
5,552



6.


Share capital

2024
2023
£
£
Allotted, called up and fully paid



2 (2023 - 2) Ordinary shares of £1 each
2
2


 
Page 4