Caseware UK (AP4) 2024.0.164 2024.0.164 2024-12-312024-12-312025-05-09false2024-01-01falseNo description of principal activity44truetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. 10013417 2024-01-01 2024-12-31 10013417 2023-01-01 2023-12-31 10013417 2024-12-31 10013417 2023-12-31 10013417 c:Director1 2024-01-01 2024-12-31 10013417 d:OfficeEquipment 2024-12-31 10013417 d:OfficeEquipment 2023-12-31 10013417 d:OtherPropertyPlantEquipment 2024-01-01 2024-12-31 10013417 d:DevelopmentCostsCapitalisedDevelopmentExpenditure 2024-01-01 2024-12-31 10013417 d:DevelopmentCostsCapitalisedDevelopmentExpenditure 2024-12-31 10013417 d:DevelopmentCostsCapitalisedDevelopmentExpenditure 2023-12-31 10013417 d:CurrentFinancialInstruments 2024-12-31 10013417 d:CurrentFinancialInstruments 2023-12-31 10013417 d:Non-currentFinancialInstruments 2024-12-31 10013417 d:Non-currentFinancialInstruments 2023-12-31 10013417 d:CurrentFinancialInstruments d:WithinOneYear 2024-12-31 10013417 d:CurrentFinancialInstruments d:WithinOneYear 2023-12-31 10013417 d:Non-currentFinancialInstruments d:AfterOneYear 2024-12-31 10013417 d:Non-currentFinancialInstruments d:AfterOneYear 2023-12-31 10013417 d:Non-currentFinancialInstruments d:BetweenOneTwoYears 2024-12-31 10013417 d:Non-currentFinancialInstruments d:BetweenOneTwoYears 2023-12-31 10013417 d:Non-currentFinancialInstruments d:BetweenTwoFiveYears 2024-12-31 10013417 d:Non-currentFinancialInstruments d:BetweenTwoFiveYears 2023-12-31 10013417 d:ShareCapital 2024-12-31 10013417 d:ShareCapital 2023-12-31 10013417 d:RetainedEarningsAccumulatedLosses 2024-12-31 10013417 d:RetainedEarningsAccumulatedLosses 2023-12-31 10013417 c:OrdinaryShareClass1 2024-01-01 2024-12-31 10013417 c:OrdinaryShareClass1 2024-12-31 10013417 c:FRS102 2024-01-01 2024-12-31 10013417 c:AuditExempt-NoAccountantsReport 2024-01-01 2024-12-31 10013417 c:FullAccounts 2024-01-01 2024-12-31 10013417 c:PrivateLimitedCompanyLtd 2024-01-01 2024-12-31 10013417 2 2024-01-01 2024-12-31 10013417 e:PoundSterling 2024-01-01 2024-12-31 xbrli:shares iso4217:GBP xbrli:pure

Registered number: 10013417









THE GLASS OFFICE PEOPLE LIMITED







UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 31 DECEMBER 2024

 
THE GLASS OFFICE PEOPLE LIMITED
REGISTERED NUMBER: 10013417

STATEMENT OF FINANCIAL POSITION
AS AT 31 DECEMBER 2024


2024

2023
Note
£
£
£
£

  

Intangible assets
 4 
-
-

Tangible assets
 5 
-
-

  
-
-

Current assets
  

Debtors: amounts falling due within one year
 6 
217,966
195,312

Cash at bank and in hand
 7 
122,266
85,686

  
340,232
280,998

Creditors: amounts falling due within one year
 8 
(324,925)
(327,782)

Net current assets/(liabilities)
  
 
 
15,307
 
 
(46,784)

Total assets less current liabilities
  
15,307
(46,784)

Creditors: amounts falling due after more than one year
 9 
(4,167)
(14,167)

  

Net assets/(liabilities)
  
11,140
(60,951)


Capital and reserves
  

Called up share capital 
 11 
2
2

Profit and loss account
  
11,138
(60,953)

  
11,140
(60,951)


Page 1

 
THE GLASS OFFICE PEOPLE LIMITED
REGISTERED NUMBER: 10013417
    
STATEMENT OF FINANCIAL POSITION (CONTINUED)
AS AT 31 DECEMBER 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 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 9 May 2025.




P K Fernberg
Director


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

Page 2

 
THE GLASS OFFICE PEOPLE LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024

1.


General information

The Glass Office People Limited is a company limited by shares, incorporated in England and Wales. The address of the registered office is Unit H2 Deseronto Estate, St Mary's Road, Langley, Berkshire, SL3 7EW.
The company's principal activity is that of design and installation of frameless glass partitions.

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

Going concern

The financial statements have been prepared on a going concern basis notwithstanding the net  assets of £11,140 (2023 - net liabilities of £60,951). The directors have provided an undertaking that they will continue to support the company to meet its liabilities as they falls due. As a result, the directors believe that the preparation of the financial statements on a going concern basis is appropriate.

 
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.

Page 3

 
THE GLASS OFFICE PEOPLE LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024

2.Accounting policies (continued)

 
2.4

Intangible assets

Intangible assets are initially recognised at cost. After recognition, under the cost model, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

All intangible assets are considered to have a finite useful life. If a reliable estimate of the useful life cannot be made, the useful life shall not exceed ten years.

 The estimated useful lives range as follows:

Development expenditure
-
5
years

 
2.5

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:

Other fixed assets
-
33%
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 the Statement of comprehensive income.

 
2.6

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.

 
2.7

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.

 
2.8

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

 
THE GLASS OFFICE PEOPLE LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024

2.Accounting policies (continued)

 
2.9

Finance costs

Finance costs are charged to the Statement of comprehensive income 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.

 
2.10

Operating leases: the Company as lessee

Rentals paid under operating leases are charged to the Statement of comprehensive income on a straight-line basis over the lease term.

 
2.11

Pensions

Defined contribution pension plan

The Company operates 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 Statement of financial position. The assets of the plan are held separately from the Company in independently administered funds.

 
2.12

Interest income

Interest income is recognised in the Statement of comprehensive income using the effective interest method.

 
2.13

Borrowing costs

All borrowing costs are recognised in the Statement of comprehensive income in the year in which they are incurred.

 
2.14

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.



3.


Employees

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

Page 5

 
THE GLASS OFFICE PEOPLE LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024

4.


Intangible assets




Development expenditure

£



Cost


At 1 January 2024
4,974



At 31 December 2024

4,974



Amortisation


At 1 January 2024
4,974



At 31 December 2024

4,974



Net book value



At 31 December 2024
-



At 31 December 2023
-



Page 6

 
THE GLASS OFFICE PEOPLE LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024

5.


Tangible fixed assets





Other fixed assets

£



Cost 


At 1 January 2024
3,550



At 31 December 2024

3,550



Depreciation


At 1 January 2024
3,550



At 31 December 2024

3,550



Net book value



At 31 December 2024
-



At 31 December 2023
-


6.


Debtors

2024
2023
£
£


Trade debtors
217,156
191,714

Other debtors
-
2,868

Prepayments and accrued income
810
730

217,966
195,312



7.


Cash and cash equivalents

2024
2023
£
£

Cash at bank and in hand
122,266
85,686

122,266
85,686


Page 7

 
THE GLASS OFFICE PEOPLE LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024

8.


Creditors: Amounts falling due within one year

2024
2023
£
£

Bank loans
10,000
10,000

Trade creditors
42,832
112,860

Corporation tax
8,055
-

Other taxation and social security
31,829
3,865

Other creditors
232,209
201,057

324,925
327,782


Bank loans amounting to £10,000 (2023 - £10,000) are secured over the assets of the company.


9.


Creditors: Amounts falling due after more than one year

2024
2023
£
£

Bank loans
4,167
14,167

4,167
14,167


Bank loans amounting to £4,167 (2023 - £14,167) are secured over the assets of the company.


10.


Loans


Analysis of the maturity of loans is given below:


2024
2023
£
£

Amounts falling due within one year

Bank loans
10,000
10,000

Amounts falling due 1-2 years

Bank loans
4,167
10,000

Amounts falling due 2-5 years

Bank loans
-
4,167


14,167
24,167


Page 8

 
THE GLASS OFFICE PEOPLE LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024

11.


Share capital

2024
2023
£
£
Authorised, allotted, called up and fully paid



2 Ordinary shares of £1 each
2
2



12.


Pension commitments

The company operates a defined contribution 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 contribution payable by the company to the fund and amounted to £3,685 (2023 - £2,593). Contributions totalling £617 (2023 - £587) were payable to the fund at the Statement of financial position date and are included in creditors.


13.


Related party transactions

During the year, the company received a net loan of £31,122 (2023 - £9,409) from an LLP in which the directors are designated members. At the Statement of financial position date, the company owed £228,473 (2023 - £197,351) to the LLP and no interest has been charged on this balance.
 
During the year, the company made a sales of £232,708 (2023 - £110,440) to the LLP. At the Statement of financial position date, the company was owed £132,625 (2023 - £99,400) by the LLP.
 
Included within other creditors is an amount of £10,617 (2023 - £10,617) due to the directors of the company.


14.


Controlling party

The directors of the company are of the opinon that there is no ultimate controlling party.

 
Page 9