Caseware UK (AP4) 2023.0.135 2023.0.135 2024-12-312024-12-318false2024-01-01No description of principal activityfalseThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.false8true 10532177 2024-01-01 2024-12-31 10532177 2023-01-01 2023-12-31 10532177 2024-12-31 10532177 2023-12-31 10532177 c:Director3 2024-01-01 2024-12-31 10532177 d:CurrentFinancialInstruments 2024-12-31 10532177 d:CurrentFinancialInstruments 2023-12-31 10532177 d:CurrentFinancialInstruments d:WithinOneYear 2024-12-31 10532177 d:CurrentFinancialInstruments d:WithinOneYear 2023-12-31 10532177 d:RetainedEarningsAccumulatedLosses 2024-01-01 2024-12-31 10532177 d:RetainedEarningsAccumulatedLosses 2024-12-31 10532177 d:RetainedEarningsAccumulatedLosses 2023-12-31 10532177 c:FRS102 2024-01-01 2024-12-31 10532177 c:AuditExempt-NoAccountantsReport 2024-01-01 2024-12-31 10532177 c:FullAccounts 2024-01-01 2024-12-31 10532177 c:CompanyLimitedByGuarantee 2024-01-01 2024-12-31 10532177 e:PoundSterling 2024-01-01 2024-12-31 iso4217:GBP xbrli:pure
Registered number: 10532177












THE GET IT RIGHT INITIATIVE LIMITED
(A company limited by guarantee)
UNAUDITED
FINANCIAL STATEMENTS
INFORMATION FOR FILING WITH THE REGISTRAR
FOR THE YEAR ENDED
 31 DECEMBER 2024





















 


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01483 755 399
hamlyns.com

 
THE GET IT RIGHT INITIATIVE LIMITED
 
(A company limited by guarantee)
REGISTERED NUMBER: 10532177

BALANCE SHEET
AS AT 31 DECEMBER 2024

2024
2023
Note
£
£

  

Current assets
  

Debtors: amounts falling due within one year
 4 
28,778
23,026

Cash at bank and in hand
  
190,908
120,762

  
219,686
143,788

Creditors: amounts falling due within one year
 5 
(7,987)
(25,564)

Net current assets
  
 
 
211,699
 
 
118,224

Total assets less current liabilities
  
211,699
118,224

  

Net assets
  
211,699
118,224


Capital and reserves
  

Accumulated surplus
 6 
211,699
118,224

  
211,699
118,224


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 on 16 June 2025.




C A Smith
Director

The notes on pages 2 to 3 form part of these financial statements.

Page 1

 
THE GET IT RIGHT INITIATIVE LIMITED

(A company limited by guarantee)
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024

1.


General information

The Get it Right Initiative Limited is a private company, limited by guarantee, registered in England and Wales. The company's registered number and registered office address can be found below: 
Registered number: 10532177
Registered office address: Office 7 35-37, Ludgate Hill, London, England, EC4M 7JN

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 consists of the membership fees due on an accruals basis. Revenue is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes and is recognised in the year that it falls due.

 
2.3

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.

 
2.4

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.

 
2.5

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.

  
2.6

Reserves

The reserves balance relates to accumulated surplus funds and is not available for distribution. In the event of the company being wound up, any accumulated surplus will either be donated to charity or transferred to an organisation with similar objectives.

Page 2

 
THE GET IT RIGHT INITIATIVE LIMITED

(A company limited by guarantee)
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024

3.


Employees




The average monthly number of employees, including directors, during the year was 8 (2023 - 8).


4.


Debtors

2024
2023
£
£


Trade debtors
23,524
2,857

Other debtors
5,254
20,169

28,778
23,026



5.


Creditors: Amounts falling due within one year

2024
2023
£
£

Trade creditors
6,207
21,377

Accruals and deferred income
1,780
4,187

7,987
25,564



6.


Reserves

Accumulated surplus

Accumulated surplus represents the unspent membership subscriptions year on year, membership subscriptions are non refundable.  An accumulated surplus is retained for the day to day running costs of the company and to put towards future projects for the benefit of the members. 


Page 3