Caseware UK (AP4) 2024.0.164 2024.0.164 2025-05-312025-05-312024-06-01falseThe principal activity of the company continued to be that of business consultants.33falsetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. 10177092 2024-06-01 2025-05-31 10177092 2023-06-01 2024-05-31 10177092 2025-05-31 10177092 2024-05-31 10177092 c:Director1 2024-06-01 2025-05-31 10177092 c:Director2 2024-06-01 2025-05-31 10177092 c:RegisteredOffice 2024-06-01 2025-05-31 10177092 d:FurnitureFittings 2024-06-01 2025-05-31 10177092 d:FurnitureFittings 2025-05-31 10177092 d:FurnitureFittings 2024-05-31 10177092 d:FurnitureFittings d:OwnedOrFreeholdAssets 2024-06-01 2025-05-31 10177092 d:OfficeEquipment 2024-06-01 2025-05-31 10177092 d:OfficeEquipment 2025-05-31 10177092 d:OfficeEquipment 2024-05-31 10177092 d:OfficeEquipment d:OwnedOrFreeholdAssets 2024-06-01 2025-05-31 10177092 d:OwnedOrFreeholdAssets 2024-06-01 2025-05-31 10177092 d:CurrentFinancialInstruments 2025-05-31 10177092 d:CurrentFinancialInstruments 2024-05-31 10177092 d:CurrentFinancialInstruments d:WithinOneYear 2025-05-31 10177092 d:CurrentFinancialInstruments d:WithinOneYear 2024-05-31 10177092 d:ShareCapital 2025-05-31 10177092 d:ShareCapital 2024-05-31 10177092 d:RetainedEarningsAccumulatedLosses 2025-05-31 10177092 d:RetainedEarningsAccumulatedLosses 2024-05-31 10177092 c:FRS102 2024-06-01 2025-05-31 10177092 c:AuditExempt-NoAccountantsReport 2024-06-01 2025-05-31 10177092 c:FullAccounts 2024-06-01 2025-05-31 10177092 c:PrivateLimitedCompanyLtd 2024-06-01 2025-05-31 10177092 e:PoundSterling 2024-06-01 2025-05-31 iso4217:GBP xbrli:pure
Registered number: 10177092














SBB CONSULTANTS LIMITED
UNAUDITED
FINANCIAL STATEMENTS
INFORMATION FOR FILING WITH THE REGISTRAR
FOR THE YEAR ENDED 31 MAY 2025

 
SBB CONSULTANTS LIMITED
 
 
COMPANY INFORMATION


Directors
S B Benaim 
A Benaim 




Registered number
10177092



Registered office
5 Elstree Gate
Elstree Way

Borehamwood

Hertfordshire

WD6 1JD




Accountants
Sopher + Co LLP

5 Elstree Gate

Elstree Way

Borehamwood

Hertfordshire

WD6 1JD





 
SBB CONSULTANTS LIMITED
 

CONTENTS



Page
Statement of Financial Position
 
 
1
Notes to the Financial Statements
 
 
2 - 6


 
SBB CONSULTANTS LIMITED
REGISTERED NUMBER:10177092

STATEMENT OF FINANCIAL POSITION
AS AT 31 MAY 2025

2025
2024
Note
£
£

Fixed assets
  

Tangible assets
 4 
393
333

Current assets
  

Debtors: amounts falling due within one year
 5 
51,480
48,816

Bank and cash balances
  
541,220
425,442

  
592,700
474,258

Current liabilities
  

Creditors: amounts falling due within one year
 6 
(165,413)
(159,184)

Net current assets
  
 
 
427,287
 
 
315,074

  

Net assets
  
427,680
315,407


Capital and reserves
  

Called up share capital 
  
100
100

Profit and loss account
  
427,580
315,307

  
427,680
315,407


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 by: 


S B Benaim
Director

Date: 18 June 2025

The notes on pages 2 to 6 form part of these financial statements.

Page 1

 
SBB CONSULTANTS LIMITED
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MAY 2025

1.


General information

SBB Consultants Limited is a private company limited by shares incorporated in England and Wales. The registered office is 5 Elstree Gate, Elstree Way, Borehamwood, Hertfordshire, WD6 1JD. 
The principal activity of the company continued to be that of business consultants.
The company's functional and presentational currency is £ Sterling.

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 Section 1A of Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006.

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. 

 
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 reporting 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 reporting 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 reporting date.

Page 2

 
SBB CONSULTANTS LIMITED
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MAY 2025

2.Accounting policies (continued)

 
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.

At each reporting date the Company assesses whether there is any indication of impairment. If such indication exists, the recoverable amount of the asset is determined which is the higher of its fair value less costs to sell and its value in use. An impairment loss is recognised where the carrying amount exceeds the recoverable amount.

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

Depreciation is provided on the following basis:

Fixtures and fittings
-
33%
Office equipment
-
33%

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.

 
2.5

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. 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.

 
2.7

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 3

 
SBB CONSULTANTS LIMITED
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MAY 2025

2.Accounting policies (continued)

 
2.8

Financial instruments

Basic financial assets

Basic financial assets, which include trade and other receivables, cash and bank balances, are initially measured at their transaction price including transaction costs and are subsequently carried at their amortised cost using the effective interest method, less any provision for impairment, unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest.

Discounting is omitted where the effect of discounting is immaterial. The Company's cash and cash equivalents, trade and most other receivables due with the operating cycle fall into this category of financial instruments.

Financial liabilities

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instruments any contract that evidences a residual interest in the assets of the Company after the deduction of all its liabilities.

Basic financial liabilities, which include trade and other payables, bank loans and other loans are initially measured at their transaction price after transaction costs. When this constitutes a financing transaction, whereby the debt instrument is measured at the present value of the future receipts discounted at a market rate of interest. Discounting is omitted where the effect of discounting is immaterial.

Debt instruments are subsequently carried at their amortised cost using the effective interest rate method.

Trade payables are obligations to pay for goods and services that have been acquired in the ordinary course of business from suppliers. Trade payables are classified as current liabilities if the payment is due within one year. If not, they represent non-current liabilities. Trade payables are initially recognised at their transaction price and subsequently are measured at amortised cost using the effective interest method. Discounting is omitted where the effect of discounting is immaterial.


3.


Employees

The average monthly number of employees, including directors, during the year was 3 (2024 - 3).

Page 4

 
SBB CONSULTANTS LIMITED
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MAY 2025

4.


Tangible fixed assets





Fixtures and fittings
Office equipment
Total

£
£
£



Cost or valuation


At 1 June 2024
5,617
499
6,116


Additions
-
340
340



At 31 May 2025

5,617
839
6,456



Depreciation


At 1 June 2024
5,617
166
5,783


Charge for the year on owned assets
-
280
280



At 31 May 2025

5,617
446
6,063



Net book value



At 31 May 2025
-
393
393



At 31 May 2024
-
333
333

Page 5

 
SBB CONSULTANTS LIMITED
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MAY 2025

5.


Debtors

2025
2024
£
£


Trade debtors
51,480
48,816



6.


Creditors: Amounts falling due within one year

2025
2024
£
£

Corporation tax
138,006
133,138

Other taxation and social security
27,262
25,846

Other creditors
145
200

165,413
159,184



7.


Related party transactions

Included within other creditors are amounts owed to the directors of £145 (2024 - £200). These amounts are interest free and repayable on demand.

 
Page 6