Caseware UK (AP4) 2024.0.164 2024.0.164 2024-09-302024-09-302024-04-01falseNo description of principal activity410falsetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.false 02702612 2024-04-01 2024-09-30 02702612 2023-04-01 2024-03-31 02702612 2024-09-30 02702612 2024-03-31 02702612 c:Director2 2024-04-01 2024-09-30 02702612 d:OfficeEquipment 2024-04-01 2024-09-30 02702612 d:ComputerSoftware 2024-09-30 02702612 d:ComputerSoftware 2024-03-31 02702612 d:OtherResidualIntangibleAssets 2024-04-01 2024-09-30 02702612 d:CurrentFinancialInstruments 2024-09-30 02702612 d:CurrentFinancialInstruments 2024-03-31 02702612 d:CurrentFinancialInstruments d:WithinOneYear 2024-09-30 02702612 d:CurrentFinancialInstruments d:WithinOneYear 2024-03-31 02702612 d:RetainedEarningsAccumulatedLosses 2024-09-30 02702612 d:RetainedEarningsAccumulatedLosses 2024-03-31 02702612 c:EntityNoLongerTradingButTradedInPast 2024-04-01 2024-09-30 02702612 c:FRS102 2024-04-01 2024-09-30 02702612 c:AuditExempt-NoAccountantsReport 2024-04-01 2024-09-30 02702612 c:FullAccounts 2024-04-01 2024-09-30 02702612 c:CompanyLimitedByGuarantee 2024-04-01 2024-09-30 02702612 2 2024-04-01 2024-09-30 02702612 d:ComputerSoftware d:OwnedIntangibleAssets 2024-04-01 2024-09-30 02702612 e:PoundSterling 2024-04-01 2024-09-30 iso4217:GBP xbrli:pure
Registered number: 02702612


EXETER CHAMBER OF COMMERCE (1992) LIMITED
(A company limited by guarantee)
UNAUDITED
FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 30 SEPTEMBER 2024




















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EXETER CHAMBER OF COMMERCE (1992) LIMITED
 
(A company limited by guarantee)
 
 
CHAIRMAN'S STATEMENT
FOR THE PERIOD ENDED 30 SEPTEMBER 2024

The chairman presents his statement for the period.

This has been a momentous year for Exeter Chamber of Commerce, with the merger completed with Devon and Plymouth Chamber to produce a single, integrated voice for business in Devon and a widening of the Chamber benefits that are available for Exeter Chamber Members.
 
This merger was undertaken with a clear focus on members and ensuring that the Chamber can more successfully be part of, and lead, the county-wide discussions that are an increasing part of Government plans and initial Member feedback has been overwhelmingly positive.
 
There are robust plans in place to ensure that there will remain a place-based focus on Exeter and local businesses and an integrated range of events will continue to be run locally. With an enhanced opportunity to extend business relationships into the Plymouth area there are foundations laid from this merger for future economic growth for Exeter Chamber members and the Exeter Board will remain focused on representing the needs of local businesses within the wider economic framework of the county.
 
I would like to thank the Exeter Board Members and Chamber Staff for their active engagement in making this a successful merger and we remain committed to ensuring the Members have good visibility of the new benefits and services that they will have access to now that Exeter Chamber is part of a BCCI-accredited Chamber.


NameS Gates
Chairman

Date

Page 1

 
EXETER CHAMBER OF COMMERCE (1992) LIMITED
  
(A company limited by guarantee)
REGISTERED NUMBER:02702612

BALANCE SHEET
AS AT 30 SEPTEMBER 2024

30 September
31 March
2024
2024
Note
£
£

Fixed assets
  

Intangible assets
 4 
-
400

  
-
400

Current assets
  

Debtors: amounts falling due within one year
 5 
6,360
7,037

Cash at bank and in hand
  
59,307
52,901

  
65,667
59,938

Creditors: amounts falling due within one year
 6 
(70,273)
(49,856)

Net current (liabilities)/assets
  
 
 
(4,606)
 
 
10,082

Total assets less current liabilities
  
(4,606)
10,482

  

Net (liabilities)/assets
  
(4,606)
10,482


Capital and reserves
  

Profit and loss account
  
(4,606)
10,482

  
(4,606)
10,482


Page 2

 
EXETER CHAMBER OF COMMERCE (1992) LIMITED
  
(A company limited by guarantee)
REGISTERED NUMBER:02702612
    
BALANCE SHEET (CONTINUED)
AS AT 30 SEPTEMBER 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 period 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 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 on 16 June 2025.




S Gates (Chair)
Director

The notes on pages 4 to 8 form part of these financial statements.

Page 3

 
EXETER CHAMBER OF COMMERCE (1992) LIMITED
 
(A company limited by guarantee)
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 30 SEPTEMBER 2024

1.


General information

Exeter Chamber of Commerce (1992) Limited is a private company, limited by guarantee without share capital, domiciled in England. The registered office is 1 Barnfield Crescent, Exeter, United Kingdom, EX1 1QT.

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

On 30th September 2024, Exeter Chamber of Commerce (1992) Limited merged with Devon and Plymouth Chamber of Commerce. On this date, all assets and liabilities of Exeter Chamber of Commerce (1992) Limited transferred to Devon Chamber of Commerce Limited, and therefore it is not a going concern. 

 
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

Interest income

Interest income is recognised in profit or loss using the effective interest method.

Page 4

 
EXETER CHAMBER OF COMMERCE (1992) LIMITED
 
(A company limited by guarantee)
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 30 SEPTEMBER 2024

2.Accounting policies (continued)

 
2.5

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:

Other intangible fixed assets
-
3
years

 
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:

Office equipment
-
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 profit or loss.

Page 5

 
EXETER CHAMBER OF COMMERCE (1992) LIMITED
 
(A company limited by guarantee)
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 30 SEPTEMBER 2024

2.Accounting policies (continued)

 
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.


3.


Employees




The average monthly number of employees, including directors, during the period was 4 (2024 - 10).

Page 6

 
EXETER CHAMBER OF COMMERCE (1992) LIMITED
 
(A company limited by guarantee)
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 30 SEPTEMBER 2024

4.


Intangible assets






Other intangible assets

£



Cost


At 1 April 2024
9,174



At 30 September 2024

9,174



Amortisation


At 1 April 2024
8,774


Charge for the period on owned assets
400



At 30 September 2024

9,174



Net book value



At 30 September 2024
-



At 31 March 2024
400




5.


Debtors

Period Ended - 30 September
Year Ended - 31 March
2024
2024
£
£


Trade debtors
2,178
6,037

Other debtors
2,534
-

Prepayments and accrued income
1,648
1,000

6,360
7,037


Page 7

 
EXETER CHAMBER OF COMMERCE (1992) LIMITED
 
(A company limited by guarantee)
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 30 SEPTEMBER 2024

6.


Creditors: Amounts falling due within one year

Period Ended - 30 September
Year Ended - 31 March
2024
2024
£
£

Trade creditors
10,541
3,549

Other taxation and social security
-
5,160

Other creditors
239
1,059

Accruals and deferred income
59,493
40,088

70,273
49,856




7.


Company status

The company is a private company limited by guarantee and consequently does not have share capital. Each of the members is liable to contribute an amount not exceeding £1 towards the assets of the company in the event of liquidation.

 
Page 8