Caseware UK (AP4) 2024.0.164 2024.0.164 2024-08-312024-08-31No description of principal activity2023-12-17false11truetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.false 07742834 2023-12-16 07742834 2023-12-17 2024-08-31 07742834 2022-09-01 2023-08-31 07742834 2024-08-31 07742834 2023-08-31 07742834 c:Director1 2023-12-17 2024-08-31 07742834 d:ComputerEquipment 2023-12-17 2024-08-31 07742834 d:ComputerEquipment 2024-08-31 07742834 d:ComputerEquipment 2023-08-31 07742834 d:ComputerEquipment d:OwnedOrFreeholdAssets 2023-12-17 2024-08-31 07742834 d:CurrentFinancialInstruments 2024-08-31 07742834 d:CurrentFinancialInstruments 2023-08-31 07742834 d:CurrentFinancialInstruments d:WithinOneYear 2024-08-31 07742834 d:CurrentFinancialInstruments d:WithinOneYear 2023-08-31 07742834 d:ShareCapital 2024-08-31 07742834 d:ShareCapital 2023-08-31 07742834 d:RetainedEarningsAccumulatedLosses 2024-08-31 07742834 d:RetainedEarningsAccumulatedLosses 2023-08-31 07742834 c:OrdinaryShareClass1 2023-12-17 2024-08-31 07742834 c:OrdinaryShareClass1 2024-08-31 07742834 c:OrdinaryShareClass1 2023-08-31 07742834 c:EntityNoLongerTradingButTradedInPast 2023-12-17 2024-08-31 07742834 c:FRS102 2023-12-17 2024-08-31 07742834 c:AuditExempt-NoAccountantsReport 2023-12-17 2024-08-31 07742834 c:FullAccounts 2023-12-17 2024-08-31 07742834 c:PrivateLimitedCompanyLtd 2023-12-17 2024-08-31 07742834 2 2023-12-17 2024-08-31 07742834 e:PoundSterling 2023-12-17 2024-08-31 xbrli:shares iso4217:GBP xbrli:pure

Registered number: 07742834









INCEPTION LEGAL RECRUITMENT LIMITED







UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE PERIOD ENDED 31 AUGUST 2024

 
INCEPTION LEGAL RECRUITMENT LIMITED
REGISTERED NUMBER: 07742834

BALANCE SHEET
AS AT 31 AUGUST 2024

31 August
16 December
2024
2023
Note
£
£

Fixed assets
  

Tangible assets
 4 
-
1,311

  
-
1,311

Current assets
  

Debtors: amounts falling due within one year
 5 
-
1,749

Cash at bank and in hand
 6 
-
3,860

  
-
5,609

Creditors: amounts falling due within one year
 7 
(1,334)
(4,888)

Net current (liabilities)/assets
  
 
 
(1,334)
 
 
721

Total assets less current liabilities
  
(1,334)
2,032

  

Net (liabilities)/assets
  
(1,334)
2,032


Capital and reserves
  

Called up share capital 
 8 
2
2

Profit and loss account
  
(1,336)
2,030

  
(1,334)
2,032


Page 1

 
INCEPTION LEGAL RECRUITMENT LIMITED
REGISTERED NUMBER: 07742834
    
BALANCE SHEET (CONTINUED)
AS AT 31 AUGUST 2024

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 period in question in accordance with section 476 of the Companies Act 2006.

The director acknowledges his 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: 




L Bladon
Director

Date: 17 January 2025

The notes on pages 3 to 6 form part of these financial statements.

Page 2

 
INCEPTION LEGAL RECRUITMENT LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 AUGUST 2024

1.


General information

Inception Legal Recruitment Limited is a private Company, limited by shares, incorporated in the United Kingdom and registered in England & Wales (registered number: 07742834). 
The registered office address is 101 New Cavendish Street, 1st Floor South, London, W1W 6XH. 
The principal activity of the Company continued to be that of professional recruitment consultancy.
The financial statements are presented in Sterling, which is the functional currency of the Company.

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

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, on a reducing balance basis.

Depreciation is provided on the following basis:

Computer 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.

 
2.3

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.

Page 3

 
INCEPTION LEGAL RECRUITMENT LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 AUGUST 2024

2.Accounting policies (continued)

 
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

Dividends

Equity dividends are recognised when they become legally payable. Interim equity dividends are recognised when paid. Final equity dividends are recognised when approved by the shareholders at an annual general meeting.

 
2.7

Interest income

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


3.


Employees

The average monthly number of employees, including directors, during the period was 1 (2023 - 1).

Page 4

 
INCEPTION LEGAL RECRUITMENT LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 AUGUST 2024

4.


Tangible fixed assets







Computer equipment

£



Cost or valuation


At 17 December 2023
2,611



At 31 August 2024

2,611



Depreciation


At 17 December 2023
1,300


Charge for the period on owned assets
1,311



At 31 August 2024

2,611



Net book value



At 31 August 2024
-



At 16 December 2023
1,311


5.


Debtors

31 August
16 December
2024
2023
£
£


Other debtors
-
1,749

-
1,749


Page 5

 
INCEPTION LEGAL RECRUITMENT LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 AUGUST 2024

6.


Cash and cash equivalents

31 August
16 December
2024
2023
£
£

Cash at bank and in hand
-
3,860

-
3,860



7.


Creditors: Amounts falling due within one year

31 August
16 December
2024
2023
£
£

Other creditors
374
3,388

Accruals and deferred income
960
1,500

1,334
4,888



8.


Share capital

31 August
16 December
2024
2023
£
£
Allotted, called up and fully paid



2 (2023 - 2) Ordinary shares of £1.00 each
2
2


Page 6