Caseware UK (AP4) 2024.0.164 2024.0.164 2024-11-302024-11-30false2023-12-01No description of principal activity22truetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.false 11070324 2023-12-01 2024-11-30 11070324 2022-12-01 2023-11-30 11070324 2024-11-30 11070324 2023-11-30 11070324 c:Director2 2023-12-01 2024-11-30 11070324 d:ComputerEquipment 2023-12-01 2024-11-30 11070324 d:ComputerEquipment 2024-11-30 11070324 d:ComputerEquipment 2023-11-30 11070324 d:ComputerEquipment d:OwnedOrFreeholdAssets 2023-12-01 2024-11-30 11070324 d:CurrentFinancialInstruments 2024-11-30 11070324 d:CurrentFinancialInstruments 2023-11-30 11070324 d:CurrentFinancialInstruments d:WithinOneYear 2024-11-30 11070324 d:CurrentFinancialInstruments d:WithinOneYear 2023-11-30 11070324 d:ShareCapital 2024-11-30 11070324 d:ShareCapital 2023-11-30 11070324 d:RetainedEarningsAccumulatedLosses 2024-11-30 11070324 d:RetainedEarningsAccumulatedLosses 2023-11-30 11070324 c:FRS102 2023-12-01 2024-11-30 11070324 c:AuditExempt-NoAccountantsReport 2023-12-01 2024-11-30 11070324 c:FullAccounts 2023-12-01 2024-11-30 11070324 c:PrivateLimitedCompanyLtd 2023-12-01 2024-11-30 11070324 e:PoundSterling 2023-12-01 2024-11-30 iso4217:GBP xbrli:pure

Registered number: 11070324









GFLEX CONSULTANCY LTD







UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE PERIOD ENDED 30 NOVEMBER 2024

 
GFLEX CONSULTANCY LTD
REGISTERED NUMBER: 11070324

STATEMENT OF FINANCIAL POSITION
AS AT 30 NOVEMBER 2024

2024
2023
Note
£
£

Fixed assets
  

Tangible assets
 4 
995
685

  
995
685

Current assets
  

Debtors: amounts falling due within one year
 5 
1,206
4,949

Cash at bank and in hand
 6 
356
8,870

  
1,562
13,819

Creditors: amounts falling due within one year
 7 
(42,378)
(31,246)

Net current liabilities
  
 
 
(40,816)
 
 
(17,427)

Total assets less current liabilities
  
(39,821)
(16,742)

  

Net liabilities
  
(39,821)
(16,742)


Capital and reserves
  

Called up share capital 
  
100
100

Profit and loss account
  
(39,921)
(16,842)

  
(39,821)
(16,742)


Page 1

 
GFLEX CONSULTANCY LTD
REGISTERED NUMBER: 11070324
    
STATEMENT OF FINANCIAL POSITION (CONTINUED)
AS AT 30 NOVEMBER 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 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 on 21 August 2025.




................................................
R. Goody
Director

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

Page 2

 
GFLEX CONSULTANCY LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 30 NOVEMBER 2024

1.


General information

The legal form of the entity is a private company limited by share capital, registered in England and Wales and the registered address is situated at Unit 3 Bradburys Court, Lyon Road, Harrow, Middlesex, HA1 2BY.

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 preparation of financial statements in compliance with FRS 102 requires the use of certain critical accounting estimates. It also requires management to exercise judgment in applying the Company's accounting policies.

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:

Sale of goods

Revenue from the sale of goods is recognised when all of the following conditions are satisfied:
the Company has transferred the significant risks and rewards of ownership to the buyer;
the Company retains neither continuing managerial involvement to the degree usually associated with ownership nor effective control over the goods sold;
the amount of revenue can be measured reliably;
it is probable that the Company will receive the consideration due under the transaction; and
the costs incurred or to be incurred in respect of the transaction can be measured reliably.

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.

Page 3

 
GFLEX CONSULTANCY LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 30 NOVEMBER 2024

2.Accounting policies (continued)

 
2.3

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
-
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.

 
2.4

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.

 
2.5

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.

 
2.6

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 2 (2023 - 2).

Page 4

 
GFLEX CONSULTANCY LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 30 NOVEMBER 2024

4.


Tangible fixed assets





Computer equipment

£



Cost or valuation


At 1 December 2023
1,428


Additions
583



At 30 November 2024

2,011



Depreciation


At 1 December 2023
743


Charge for the period on owned assets
273



At 30 November 2024

1,016



Net book value



At 30 November 2024
995



At 30 November 2023
685


5.


Debtors

2024
2023
£
£


Trade debtors
-
4,949

Other debtors
1,206
-

1,206
4,949



6.


Cash and cash equivalents

2024
2023
£
£

Cash at bank and in hand
356
8,870

356
8,870


Page 5

 
GFLEX CONSULTANCY LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 30 NOVEMBER 2024

7.


Creditors: Amounts falling due within one year

2024
2023
£
£

Other taxation and social security
-
2,001

Other creditors
41,244
27,995

Accruals and deferred income
1,134
1,250

42,378
31,246



8.


Transactions with directors

The directors provided interest free loans to the company that is repayable on demand.  The amounts outstanding as at the balance sheet date is £41,244 (2023 -£27,994) and is included in other creditors amounts falling due within one year.

 
Page 6