Caseware UK (AP4) 2024.0.164 2024.0.164 2024-08-312024-08-31No description of principal activity2023-09-01false104truetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.false 09512461 2023-09-01 2024-08-31 09512461 2024-08-31 09512461 2022-09-01 2023-08-31 09512461 2023-08-31 09512461 c:Director1 2023-09-01 2024-08-31 09512461 d:Buildings 2023-09-01 2024-08-31 09512461 d:Buildings 2024-08-31 09512461 d:Buildings 2023-08-31 09512461 d:Buildings d:OwnedOrFreeholdAssets 2023-09-01 2024-08-31 09512461 d:OfficeEquipment 2023-09-01 2024-08-31 09512461 d:OfficeEquipment 2024-08-31 09512461 d:OfficeEquipment 2023-08-31 09512461 d:OfficeEquipment d:OwnedOrFreeholdAssets 2023-09-01 2024-08-31 09512461 d:ComputerEquipment 2023-09-01 2024-08-31 09512461 d:ComputerEquipment 2024-08-31 09512461 d:ComputerEquipment 2023-08-31 09512461 d:ComputerEquipment d:OwnedOrFreeholdAssets 2023-09-01 2024-08-31 09512461 d:OwnedOrFreeholdAssets 2023-09-01 2024-08-31 09512461 d:CurrentFinancialInstruments 2024-08-31 09512461 d:CurrentFinancialInstruments 2023-08-31 09512461 d:CurrentFinancialInstruments d:WithinOneYear 2024-08-31 09512461 d:CurrentFinancialInstruments d:WithinOneYear 2023-08-31 09512461 d:ShareCapital 2024-08-31 09512461 d:ShareCapital 2023-08-31 09512461 d:RetainedEarningsAccumulatedLosses 2024-08-31 09512461 d:RetainedEarningsAccumulatedLosses 2023-08-31 09512461 c:FRS102 2023-09-01 2024-08-31 09512461 c:AuditExempt-NoAccountantsReport 2023-09-01 2024-08-31 09512461 c:FullAccounts 2023-09-01 2024-08-31 09512461 c:PrivateLimitedCompanyLtd 2023-09-01 2024-08-31 09512461 2 2023-09-01 2024-08-31 09512461 6 2023-09-01 2024-08-31 09512461 e:PoundSterling 2023-09-01 2024-08-31 iso4217:GBP xbrli:pure
Registered number: 09512461


BITESIZE CONSULTING LTD








UNAUDITED

PAGES FOR FILING WITH REGISTRAR

FOR THE YEAR ENDED 31 AUGUST 2024

 
BITESIZE CONSULTING LTD
REGISTERED NUMBER: 09512461

BALANCE SHEET
AS AT 31 AUGUST 2024

2024
2023
Note
£
£

Fixed assets
  

Tangible assets
 4 
87,106
4,979

Investments
  
1
-

  
87,107
4,979

Current assets
  

Debtors: amounts falling due within one year
 6 
62,065
59,965

Cash at bank and in hand
 7 
11,247
6,701

  
73,312
66,666

Creditors: amounts falling due within one year
 8 
(103,283)
(48,373)

Net current (liabilities)/assets
  
 
 
(29,971)
 
 
18,293

Total assets less current liabilities
  
57,136
23,272

  

Net assets
  
57,136
23,272


Capital and reserves
  

Called up share capital 
  
100
100

Profit and loss account
  
57,036
23,172

  
57,136
23,272


Page 1

 
BITESIZE CONSULTING LTD
REGISTERED NUMBER: 09512461
    
BALANCE SHEET (CONTINUED)
AS AT 31 AUGUST 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 by: 




................................................
Thomas Allerton
Director
Date: 27 April 2025

The notes on pages 3 to 9 form part of these financial statements.

Page 2

 
BITESIZE CONSULTING LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2024

1.


General information

Bitesize Consulting Ltd is a private limited company by share capital, incorporated in England and Wales.
The company's registration number is 09512461.
 The registered office address is 23 Bateman Road, Croxley Green, Rickmansworth, England, WD3 3BL.

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:

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.

 
2.3

Interest income

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

 
2.4

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.

 
2.5

Borrowing costs

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

Page 3

 
BITESIZE CONSULTING LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2024

2.Accounting policies (continued)

 
2.6

Pensions

Defined contribution pension plan

The Company contributes to 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 Balance sheet. The assets of the plan are held separately from the Company in independently administered funds.

 
2.7

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.


 
2.8

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, using the straight-line method.

Depreciation is provided on the following basis:

Improvements to property
-
over 15 years
Office equipment
-
25%
Computer equipment
-
20%

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.

 
2.9

Valuation of investments

Investments in subsidiaries are measured at cost less accumulated impairment.

Page 4

 
BITESIZE CONSULTING LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2024

2.Accounting policies (continued)

 
2.10

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.

 
2.11

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.

 
2.12

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.

 
2.13

Financial instruments

Financial instruments are recognised in the Company's Balance sheet when the Company becomes party to the contractual provisions of the instrument.

Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

Basic financial assets

Basic financial assets, which include trade and other debtors, cash and bank balances, are initially measured at their transaction price (adjusted for transaction costs except in the initial measurement of financial assets that are subsequently measured at fair value through profit and loss) 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 debtors 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 instrument is 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 creditors, bank loans and other loans are initially measured at their transaction price (adjusting for transaction costs except in the initial measurement of financial liabilities that are subsequently measured at fair value through profit and loss). 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.
Page 5

 
BITESIZE CONSULTING LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2024

2.Accounting policies (continued)


2.13
Financial instruments (continued)


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

Trade creditors are obligations to pay for goods and services that have been acquired in the ordinary course of business from suppliers. Trade creditors are classified as current liabilities if the payment is due within one year. If not, they represent non-current liabilities. Trade creditors 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.

 
2.14

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.


3.


Employees

The average monthly number of employees, including directors, during the year was 10 (2023 - 4).

Page 6

 
BITESIZE CONSULTING LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2024

4.


Tangible fixed assets





Improve-
ments to property
Office equipment
Computer equipment
Total

£
£
£
£



Cost or valuation


At 1 September 2023
-
-
5,838
5,838


Additions
77,605
125
6,281
84,011



At 31 August 2024

77,605
125
12,119
89,849



Depreciation


At 1 September 2023
-
-
859
859


Charge for the year on owned assets
-
18
1,866
1,884



At 31 August 2024

-
18
2,725
2,743



Net book value



At 31 August 2024
77,605
107
9,394
87,106



At 31 August 2023
-
-
4,979
4,979


5.


Fixed asset investments





Investments in subsidiary companies

£



Cost or valuation


Additions
1



At 31 August 2024
1




Page 7

 
BITESIZE CONSULTING LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2024

6.


Debtors

2024
2023
£
£


Trade debtors
36,725
47,857

Amounts owed by group undertakings
24,127
5,000

Other debtors
-
6,752

Prepayments and accrued income
1,213
356

62,065
59,965



7.


Cash and cash equivalents

2024
2023
£
£

Cash at bank and in hand
11,247
6,701

11,247
6,701



8.


Creditors: Amounts falling due within one year

2024
2023
£
£

Other loans
37,500
-

Trade creditors
9,731
10,564

Corporation tax
5,166
9,217

Other taxation and social security
46,229
26,373

Other creditors
3,474
1,719

Accruals and deferred income
1,183
500

103,283
48,373



9.


Pension commitments

The Company contributes to 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 £23,903 (2023 - £52,744). 

Page 8

 
BITESIZE CONSULTING LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2024

10.


Related party transactions

During the period under review, an amount of £Nil was owed to (2023: £4,668 owed from) the director and shareholder, T Allerton, to the company. The loan is interest free and there are no strict repayment terms in place.
Included within creditors are amounts of £947 and £23,180 due to Bitesize Consulting (Holdings) Limited and Bitesize Consulting (CG) Limited, companies under common control.

 
Page 9