Caseware UK (AP4) 2024.0.164 2024.0.164 2024-08-312024-08-312025-05-22Book Royaltiestrue22false2023-09-01falsefalseThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. 02546255 2023-09-01 2024-08-31 02546255 2022-09-01 2023-08-31 02546255 2024-08-31 02546255 2023-08-31 02546255 c:Director1 2023-09-01 2024-08-31 02546255 d:FurnitureFittings 2023-09-01 2024-08-31 02546255 d:FurnitureFittings 2024-08-31 02546255 d:FurnitureFittings 2023-08-31 02546255 d:CurrentFinancialInstruments 2024-08-31 02546255 d:CurrentFinancialInstruments 2023-08-31 02546255 d:CurrentFinancialInstruments d:WithinOneYear 2024-08-31 02546255 d:CurrentFinancialInstruments d:WithinOneYear 2023-08-31 02546255 d:ShareCapital 2024-08-31 02546255 d:ShareCapital 2023-08-31 02546255 d:RetainedEarningsAccumulatedLosses 2024-08-31 02546255 d:RetainedEarningsAccumulatedLosses 2023-08-31 02546255 c:OrdinaryShareClass1 2023-09-01 2024-08-31 02546255 c:OrdinaryShareClass1 2024-08-31 02546255 c:OrdinaryShareClass1 2023-08-31 02546255 c:FRS102 2023-09-01 2024-08-31 02546255 c:AuditExempt-NoAccountantsReport 2023-09-01 2024-08-31 02546255 c:FullAccounts 2023-09-01 2024-08-31 02546255 c:PrivateLimitedCompanyLtd 2023-09-01 2024-08-31 02546255 e:PoundSterling 2023-09-01 2024-08-31 xbrli:shares iso4217:GBP xbrli:pure

Registered number: 02546255









HECTARE LIMITED







UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 31 AUGUST 2024

 
HECTARE LIMITED
REGISTERED NUMBER: 02546255

BALANCE SHEET
AS AT 31 AUGUST 2024

2024
2023
Note
£
£

  

Current assets
  

Debtors: amounts falling due within one year
 7 
141
849

Cash at bank and in hand
 8 
29,742
31,478

  
29,883
32,327

Creditors: amounts falling due within one year
 9 
(1,425)
(1,350)

Net current assets
  
 
 
28,458
 
 
30,977

Total assets less current liabilities
  
28,458
30,977

  

Net assets
  
28,458
30,977


Capital and reserves
  

Called up share capital 
 10 
100
100

Profit and loss account
  
28,358
30,877

  
28,458
30,977


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 profit and loss account 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: 

S. F. Blinkhorn
Director

Date: 22 May 2025

The notes on pages 2 to 5 form part of these financial statements.

Page 1

 
HECTARE LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2024

1.


General information

Hectare Limited is a private company limited by shares and incorporated in England & Wales under the Companies Act 2006. The address of the registered office and principal activity of the company is given on the Company information page.

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

At the time of approving the financial statements, the directors have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. Therefore, the directors have adopted the going concern basis of accounting in preparing the financial statements.

 
2.3

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.

 
2.4

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:

Fixtures and fittings
-
Over 3 years

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.

Page 2

 
HECTARE LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2024

2.Accounting policies (continued)

 
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.

 
2.6

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.

 
2.7

Creditors

Short term creditors are measured at the transaction price.


3.


Judgments in applying accounting policies and key sources of estimation uncertainty

The preparation of the financial statements requires management to make judgments, estimates and assumptions that affect the amounts reported for assets and liabilities as at the balance sheet date and the amounts reported for revenues and expenses during the year. The nature of estimation means the actual outcomes could differ from those estimates.


4.


Employees




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


5.


Taxation

The company has £6,148 of trade losses to carry forward and utilise against future profits. No deferred tax asset has been recognised in respect of these losses during the year.

Page 3

 
HECTARE LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2024

6.


Tangible fixed assets





Fixtures and fittings

£



Cost or valuation


At 1 September 2023
27,000



At 31 August 2024

27,000



Depreciation


At 1 September 2023
27,000



At 31 August 2024

27,000



Net book value



At 31 August 2024
-



At 31 August 2023
-


7.


Debtors

2024
2023
£
£


Other debtors
141
849

141
849



8.


Cash and cash equivalents

2024
2023
£
£

Cash at bank and in hand
29,742
31,478

29,742
31,478


Page 4

 
HECTARE LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2024

9.


Creditors: Amounts falling due within one year

2024
2023
£
£

Accruals and deferred income
1,425
1,350

1,425
1,350



10.


Share capital

2024
2023
£
£
Allotted, called up and fully paid



100 (2023 - 100) Ordinary shares of £1.00 each
100
100


 
Page 5