Caseware UK (AP4) 2024.0.164 2024.0.164 2024-08-312025-05-192024-08-312025-05-19No description of principal activitytruetrue2023-09-01false44The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.false 08660090 2023-09-01 2024-08-31 08660090 2022-09-01 2023-08-31 08660090 2024-08-31 08660090 2023-08-31 08660090 c:Director1 2023-09-01 2024-08-31 08660090 d:OfficeEquipment 2023-09-01 2024-08-31 08660090 d:OfficeEquipment 2024-08-31 08660090 d:OfficeEquipment 2023-08-31 08660090 d:OfficeEquipment d:OwnedOrFreeholdAssets 2023-09-01 2024-08-31 08660090 d:CurrentFinancialInstruments 2024-08-31 08660090 d:CurrentFinancialInstruments 2023-08-31 08660090 d:Non-currentFinancialInstruments 2024-08-31 08660090 d:Non-currentFinancialInstruments 2023-08-31 08660090 d:CurrentFinancialInstruments d:WithinOneYear 2024-08-31 08660090 d:CurrentFinancialInstruments d:WithinOneYear 2023-08-31 08660090 d:Non-currentFinancialInstruments d:AfterOneYear 2024-08-31 08660090 d:Non-currentFinancialInstruments d:AfterOneYear 2023-08-31 08660090 d:ShareCapital 2024-08-31 08660090 d:ShareCapital 2023-08-31 08660090 d:RetainedEarningsAccumulatedLosses 2024-08-31 08660090 d:RetainedEarningsAccumulatedLosses 2023-08-31 08660090 c:FRS102 2023-09-01 2024-08-31 08660090 c:AuditExemptWithAccountantsReport 2023-09-01 2024-08-31 08660090 c:FullAccounts 2023-09-01 2024-08-31 08660090 c:PrivateLimitedCompanyLtd 2023-09-01 2024-08-31 08660090 2 2023-09-01 2024-08-31 08660090 e:PoundSterling 2023-09-01 2024-08-31 iso4217:GBP xbrli:pure

Registered number: 08660090









DAVENPORT SOLICITORS LIMITED







UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 31 AUGUST 2024

 
DAVENPORT SOLICITORS LIMITED
 
 
  
REPORT TO THE DIRECTOR ON THE PREPARATION OF THE UNAUDITED STATUTORY FINANCIAL STATEMENTS OF DAVENPORT SOLICITORS LIMITED
FOR THE YEAR ENDED 31 AUGUST 2024

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of DAVENPORT SOLICITORS LIMITED for the year ended 31 August 2024 which comprise the Balance sheet and the related notes from the Company's accounting records and from information and explanations you have given us.

As a practising member firm of the Association of Chartered Certified Accountantswe are subject to its ethical and other professional requirements which are detailed at https://www.accaglobal .com/uk/en/about-us /regulation/ethics /acca-rulebook.html.

This report is made solely to the director of DAVENPORT SOLICITORS LIMITED in accordance with the terms of our engagement letter. Our work has been undertaken solely to prepare for your approval the financial statements of DAVENPORT SOLICITORS LIMITED and state those matters that we have agreed to state to the director of DAVENPORT SOLICITORS LIMITED in this report in accordance with the requirements of the Association of Chartered Certified Accountants as detailed at http://www.accaglobal .com/content/dam/ACCA_Global /Technical /fact/technical-factsheet -163.pdf. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than DAVENPORT SOLICITORS LIMITED and its director for our work or for this report. 

It is your duty to ensure that DAVENPORT SOLICITORS LIMITED has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of DAVENPORT SOLICITORS LIMITED. You consider that DAVENPORT SOLICITORS LIMITED is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or review of the financial statements of DAVENPORT SOLICITORS LIMITED. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.

  



Gilchrists AB LLP
Chartered Certified Accountants
Grove House
Woodberry Grove
London
N12 0DR
19 May 2025
Page 1

 
DAVENPORT SOLICITORS LIMITED
REGISTERED NUMBER: 08660090

BALANCE SHEET
AS AT 31 AUGUST 2024

2024
2023
Note
£
£

Fixed assets
  

Tangible assets
 4 
2,762
2,194

  
2,762
2,194

Current assets
  

Stocks
  
14,036
3,700

Debtors: amounts falling due within one year
 5 
35,507
43,754

Cash at bank and in hand
  
46,140
87,874

  
95,683
135,328

Creditors: amounts falling due within one year
 6 
(68,075)
(83,475)

Net current assets
  
 
 
27,608
 
 
51,853

Total assets less current liabilities
  
30,370
54,047

Creditors: amounts falling due after more than one year
 7 
(3,026)
(7,049)

Provisions for liabilities
  

Deferred tax
  
(525)
(466)

  
 
 
(525)
 
 
(466)

Net assets
  
26,819
46,532


Capital and reserves
  

Called up share capital 
  
100
100

Profit and loss account
  
26,719
46,432

  
26,819
46,532


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 her 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.

Page 2

 
DAVENPORT SOLICITORS LIMITED
REGISTERED NUMBER: 08660090
    
BALANCE SHEET (CONTINUED)
AS AT 31 AUGUST 2024

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 on 19 May 2025.




Vandana Dass
Director

The notes on pages 4 to 9 form part of these financial statements.

Page 3

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

1.


General information



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 4

 
DAVENPORT SOLICITORS LIMITED
 
 
 
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 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 Balance sheet. The assets of the plan are held separately from the Company in independently administered funds.

 
2.7

Current and deferred taxation

The tax expense for the year comprises current and deferred tax. 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.

Deferred tax balances are recognised in respect of all timing differences that have originated but not reversed by the balance sheet date, except that:
The recognition of deferred tax assets is limited to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits; and
Any deferred tax balances are reversed if and when all conditions for retaining associated tax allowances have been met.

Deferred tax balances are not recognised in respect of permanent differences except in respect of business combinations, when deferred tax is recognised on the differences between the fair values of assets acquired and the future tax deductions available for them and the differences between the fair values of liabilities acquired and the amount that will be assessed for tax. Deferred tax is determined using tax rates and laws that have been enacted or substantively enacted by the balance sheet date.


 
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.

Page 5

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

2.Accounting policies (continued)


2.8
Tangible fixed assets (continued)

Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, on a reducing balance basis.

Depreciation is provided on the following basis:

Office 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

Stocks

Stocks are stated at the lower of cost and net realisable value, being the estimated selling price less costs to complete and sell. Cost is based on the cost of purchase on a first in, first out basis. Work in progress and finished goods include labour and attributable overheads.

At each balance sheet date, stocks are assessed for impairment. If stock is impaired, the carrying amount is reduced to its selling price less costs to complete and sell. The impairment loss is recognised immediately in profit or loss.

 
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.

Page 6

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

2.Accounting policies (continued)

 
2.13

Provisions for liabilities

Provisions are recognised when an event has taken place that gives rise to a legal or constructive obligation, a transfer of economic benefits is probable and a reliable estimate can be made.
Provisions are measured as the best estimate of the amount required to settle the obligation, taking into account the related risks and uncertainties.
 
Increases in provisions are generally charged as an expense to profit or loss.


3.


Employees

2024
2023
£
£

Wages and salaries
96,740
83,392

Cost of defined contribution scheme
10,012
5,272

106,752
88,664


The average monthly number of employees, including the director, during the year was as follows:


        2024
        2023
            No.
            No.







4
4

Page 7

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

4.


Tangible fixed assets





Office equipment

£



Cost or valuation


At 1 September 2023
6,481


Additions
1,258



At 31 August 2024

7,739



Depreciation


At 1 September 2023
4,287


Charge for the year on owned assets
690



At 31 August 2024

4,977



Net book value



At 31 August 2024
2,762



At 31 August 2023
2,194


5.


Debtors

2024
2023
£
£


Trade debtors
31,807
35,421

Other debtors
3,626
3,225

Prepayments and accrued income
74
5,108

35,507
43,754


Page 8

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

6.


Creditors: Amounts falling due within one year

2024
2023
£
£

Bank loans
4,259
4,259

Trade creditors
19,890
11,878

Corporation tax
23,680
26,919

Other taxation and social security
5,837
16,258

Other creditors
12,909
21,061

Accruals and deferred income
1,500
3,100

68,075
83,475



7.


Creditors: Amounts falling due after more than one year

2024
2023
£
£

Bank loans
3,026
7,049

3,026
7,049


 
Page 9