Caseware UK (AP4) 2024.0.164 2024.0.164 2025-01-312025-01-312023-12-01trueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.false11truefalse 14455986 2023-12-01 2025-01-31 14455986 2025-01-31 14455986 2022-11-01 2023-11-30 14455986 2023-11-30 14455986 c:Director1 2023-12-01 2025-01-31 14455986 d:ComputerEquipment 2023-12-01 2025-01-31 14455986 d:ComputerEquipment 2025-01-31 14455986 d:ComputerEquipment 2023-11-30 14455986 d:ComputerEquipment d:OwnedOrFreeholdAssets 2023-12-01 2025-01-31 14455986 d:CurrentFinancialInstruments 2025-01-31 14455986 d:CurrentFinancialInstruments 2023-11-30 14455986 d:CurrentFinancialInstruments d:WithinOneYear 2025-01-31 14455986 d:CurrentFinancialInstruments d:WithinOneYear 2023-11-30 14455986 d:ShareCapital 2025-01-31 14455986 d:ShareCapital 2023-11-30 14455986 d:RetainedEarningsAccumulatedLosses 2025-01-31 14455986 d:RetainedEarningsAccumulatedLosses 2023-11-30 14455986 c:FRS102 2023-12-01 2025-01-31 14455986 c:AuditExempt-NoAccountantsReport 2023-12-01 2025-01-31 14455986 c:FullAccounts 2023-12-01 2025-01-31 14455986 c:PrivateLimitedCompanyLtd 2023-12-01 2025-01-31 14455986 e:PoundSterling 2023-12-01 2025-01-31 iso4217:GBP xbrli:pure
Registered number: 14455986


GALLIO CONSULTING LTD








UNAUDITED

FINANCIAL STATEMENTS

FOR THE PERIOD 1 DECEMBER 2023 TO 31 JANUARY 2025

 
GALLIO CONSULTING LTD
REGISTERED NUMBER: 14455986

BALANCE SHEET
AS AT 31 JANUARY 2025

Period ended 31 January 
Year ended 30 November
2025
2023
Note
£
£

Fixed assets
  

Tangible assets
 4 
1,542
2,021

  
1,542
2,021

Current assets
  

Debtors: amounts falling due within one year
 5 
218
8,340

Cash at bank and in hand
 6 
20,431
34,644

  
20,649
42,984

Creditors: amounts falling due within one year
 7 
(14,725)
(31,357)

Net current assets
  
 
 
5,924
 
 
11,627

Total assets less current liabilities
  
7,466
13,648

  

Net assets
  
7,466
13,648


Capital and reserves
  

Called up share capital 
  
100
100

Profit and loss account
  
7,366
13,548

  
7,466
13,648


Page 1

 
GALLIO CONSULTING LTD
REGISTERED NUMBER: 14455986
    
BALANCE SHEET (CONTINUED)
AS AT 31 JANUARY 2025

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 period 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: 




................................................
Mr F Gallio
Director
Date: 23 April 2025

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

Page 2

 
GALLIO CONSULTING LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 JANUARY 2025

1.


General information

Gallio Consulting Ltd is a private limited company, incorporated in England and Wales, registered number 14455986.      

The company ceased to trade on 31 January 2025.

The company's registered address is 8 King Edward Street, Oxford, OX1 4HL.

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

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.

Page 3

 
GALLIO CONSULTING LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 JANUARY 2025

2.Accounting policies (continued)

 
2.3

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.

 
2.4

Pensions

Defined contribution pension plan

The Company contributes into 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.

 
2.5

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 balance sheet date in the countries where the Company operates and generates income.


Page 4

 
GALLIO CONSULTING LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 JANUARY 2025

2.Accounting policies (continued)

 
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, using the straight-line method.

Depreciation is provided on the following basis:

Computer equipment
-
20%
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.

 
2.7

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.

 
2.8

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.

 
2.9

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.

 
2.10

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 period was 1 (2023 - 1).

Page 5

 
GALLIO CONSULTING LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 JANUARY 2025

4.


Tangible fixed assets







Computer equipment

£



Cost or valuation


At 1 December 2023
2,396



At 31 January 2025

2,396



Depreciation


At 1 December 2023
375


Charge for the period on owned assets
479



At 31 January 2025

854



Net book value



At 31 January 2025
1,542



At 30 November 2023
2,021

Page 6

 
GALLIO CONSULTING LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 JANUARY 2025

5.


Debtors

31 January
30 November
2025
2023
£
£


Other debtors
218
-

Prepayments and accrued income
-
8,340

218
8,340



6.


Cash and cash equivalents

31 January
30 November
2025
2023
£
£

Cash at bank and in hand
20,431
34,644

20,431
34,644



7.


Creditors: Amounts falling due within one year

31 January
30 November
2025
2023
£
£

Corporation tax
12,876
16,467

Other taxation and social security
384
1,908

Other creditors
215
12

Accruals and deferred income
1,250
12,970

14,725
31,357


Page 7

 
GALLIO CONSULTING LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 JANUARY 2025


8.


Pension commitments

The Company contributes into 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 £20,000 (2023 -£Nil). Contributions totalling £Nil (2023 - £Nil) were payable to the fund at the balance sheet date and are included in creditors.


9.


Controlling party

Throughout this year, the company was under the control of F Gallio by virtue of his 100% shareholding.

 
Page 8