Caseware UK (AP4) 2022.0.179 2022.0.179 2022-09-302022-09-30falsetruefalse12021-10-01No description of principal activityThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.1 10957786 2021-10-01 2022-09-30 10957786 2020-10-01 2021-09-30 10957786 2022-09-30 10957786 2021-09-30 10957786 c:Director1 2021-10-01 2022-09-30 10957786 d:CurrentFinancialInstruments 2022-09-30 10957786 d:CurrentFinancialInstruments 2021-09-30 10957786 d:CurrentFinancialInstruments d:WithinOneYear 2022-09-30 10957786 d:CurrentFinancialInstruments d:WithinOneYear 2021-09-30 10957786 d:ShareCapital 2022-09-30 10957786 d:ShareCapital 2021-09-30 10957786 d:RetainedEarningsAccumulatedLosses 2022-09-30 10957786 d:RetainedEarningsAccumulatedLosses 2021-09-30 10957786 c:OrdinaryShareClass1 2021-10-01 2022-09-30 10957786 c:OrdinaryShareClass1 2022-09-30 10957786 c:OrdinaryShareClass1 2021-09-30 10957786 c:FRS102 2021-10-01 2022-09-30 10957786 c:AuditExempt-NoAccountantsReport 2021-10-01 2022-09-30 10957786 c:FullAccounts 2021-10-01 2022-09-30 10957786 c:PrivateLimitedCompanyLtd 2021-10-01 2022-09-30 10957786 2 2021-10-01 2022-09-30 10957786 6 2021-10-01 2022-09-30 xbrli:shares iso4217:GBP xbrli:pure
Registered number: 10957786














ROMAIN AFFLELOU CAPITAL LONDON LIMITED
UNAUDITED
FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2022

 
ROMAIN AFFLELOU CAPITAL LONDON LIMITED
 

CONTENTS



Page
Statement of Financial Position
 
1
Notes to the Financial Statements
 
2 - 4


 
ROMAIN AFFLELOU CAPITAL LONDON LIMITED
REGISTERED NUMBER:10957786

STATEMENT OF FINANCIAL POSITION
AS AT 30 SEPTEMBER 2022

2022
2021
Note
£
£

Fixed assets
  

Investments
 4 
13,307
13,307

Current assets
  

Debtors: amounts falling due within one year
 5 
200,267
217,936

Cash at bank and in hand
  
9,726
1,121

  
209,993
219,057

Current liabilities
  

Creditors: amounts falling due within one year
 6 
(153,287)
(114,036)

Net current assets
  
 
 
56,706
 
 
105,021

  

Net assets
  
70,013
118,328


Capital and reserves
  

Called up share capital 
 7 
1,000
1,000

Profit and loss account
  
69,013
117,328

  
70,013
118,328


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 year 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 on 4 October 2023.



R M V Afflelou
Director

The notes on pages 2 to 4 form part of these financial statements.

Page 1

 
ROMAIN AFFLELOU CAPITAL LONDON LIMITED
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2022

1.


General information

Roman Afflelou Capital London Limited is a limited liability company registered in England and Wales. Its registered office address is at 8th Floor South Reading Bridge House, George Street, Reading, Berkshire, RG1 8LS.
The principal activity of the Company during the year was that of the provision of consultancy services.
 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 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

Foreign currency translation

Functional and presentation currency

The Company's functional and presentational currency is GBP.

Transactions and balances

Foreign currency transactions are translated into the functional currency using the spot exchange rates at the dates of the transactions.

At each period end foreign currency monetary items are translated using the closing rate. Non-monetary items measured at historical cost are translated using the exchange rate at the date of the transaction and non-monetary items measured at fair value are measured using the exchange rate when fair value was determined.

 
2.3

Turnover

Turnover comprises revenue recognised by the company in respect of services supplied in the year exclusive of trade discounts and excluding Value Added Tax. 
 
Revenue is recognised when a service is provided.

 
2.4

Interest income

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

 
2.5

Finance costs

Finance costs are charged to profit or loss over the term of the debt using the effective interest method so that the amount charged is at a constant rate on the carrying amount. Issue costs are initially recognised as a reduction in the proceeds of the associated capital instrument.

Page 2

 
ROMAIN AFFLELOU CAPITAL LONDON LIMITED
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2022

2.Accounting policies (continued)

 
2.6

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.

 
2.7

Valuation of investments

Investments in unlisted Company shares, whose market value can be reliably determined, are remeasured to market value at each reporting date. Gains and losses on remeasurement are recognised in the Statement of Comprehensive Income for the period. Where market value cannot be reliably determined, such investments are stated at historic cost less impairment.

 
2.8

Basic Financial Instruments

The Company only enters into transactions that result in basic financial instruments such as trade and other debtors, trade and other creditors, cash at bank and in hand, loans to related parties. 
Trade debtors, other debtors and loans to related parties are recognised initially at the transaction price less attributable transaction costs. Trade creditors, other creditors and loans from related parties are recognised initially at transaction price plus attributable transaction costs. Subsequently they are measured at amortised cost using the effective interest method, less any impairment losses in the case of trade and other debtors, and loans to related parties. 
Interest bearing borrowings, such bank loans, classified as basic financial instruments are recognised initially at the present value of future payments discounted at a market rate of interest. Thereafter they are stated at amortised cost using the effective interest method. 
Cash and cash equivalents comprise cash balances and call deposits.

 
2.9

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.


3.


Employees

The average monthly number of employees, including directors, during the year was 1 (2021 - 1).

Page 3

 
ROMAIN AFFLELOU CAPITAL LONDON LIMITED
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2022

4.


Fixed asset investments





Unlisted investments

£



Cost or valuation


At 1 October 2021
13,307



At 30 September 2022
13,307





5.


Debtors

2022
2021
£
£


Trade debtors
180,000
210,000

Other debtors
20,267
7,936

200,267
217,936



6.


Creditors: Amounts falling due within one year

2022
2021
£
£

Other taxation and social security
51,209
43,486

Other creditors
89,028
-

Accruals and deferred income
13,050
70,550

153,287
114,036



7.


Share capital

2022
2021
£
£
Allotted, called up and fully paid



1,000 (2021 - 1,000) Ordinary shares of £1.0 each
1,000
1,000


 
Page 4