Caseware UK (AP4) 2022.0.179 2022.0.179 2023-03-312023-03-312022-04-01falseNo description of principal activity03truetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. SC499854 2022-04-01 2023-03-31 SC499854 2021-04-01 2022-03-31 SC499854 2023-03-31 SC499854 2022-03-31 SC499854 c:Director1 2022-04-01 2023-03-31 SC499854 c:Director2 2022-04-01 2023-03-31 SC499854 c:RegisteredOffice 2022-04-01 2023-03-31 SC499854 d:ComputerEquipment 2022-04-01 2023-03-31 SC499854 d:ComputerEquipment 2023-03-31 SC499854 d:ComputerEquipment 2022-03-31 SC499854 d:ComputerEquipment d:OwnedOrFreeholdAssets 2022-04-01 2023-03-31 SC499854 d:CurrentFinancialInstruments 2023-03-31 SC499854 d:CurrentFinancialInstruments 2022-03-31 SC499854 d:CurrentFinancialInstruments d:WithinOneYear 2023-03-31 SC499854 d:CurrentFinancialInstruments d:WithinOneYear 2022-03-31 SC499854 d:ShareCapital 2023-03-31 SC499854 d:ShareCapital 2022-03-31 SC499854 d:RetainedEarningsAccumulatedLosses 2023-03-31 SC499854 d:RetainedEarningsAccumulatedLosses 2022-03-31 SC499854 c:OrdinaryShareClass1 2022-04-01 2023-03-31 SC499854 c:OrdinaryShareClass1 2023-03-31 SC499854 c:FRS102 2022-04-01 2023-03-31 SC499854 c:AuditExempt-NoAccountantsReport 2022-04-01 2023-03-31 SC499854 c:FullAccounts 2022-04-01 2023-03-31 SC499854 c:PrivateLimitedCompanyLtd 2022-04-01 2023-03-31 SC499854 6 2022-04-01 2023-03-31 xbrli:shares iso4217:GBP xbrli:pure
Registered number: SC499854










KAIZAH LIMITED
FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2023

 
KAIZAH LIMITED
 

COMPANY INFORMATION


DIRECTORS
Mr W Henderson 
Mrs L Henderson 




REGISTERED NUMBER
SC499854



REGISTERED OFFICE
14 City Quay

Dundee

DD1 3JA




ACCOUNTANTS
EQ Accountants LLP
Chartered Accountants

14 City Quay

Dundee

DD1 3JA





 
KAIZAH LIMITED
REGISTERED NUMBER: SC499854

STATEMENT OF FINANCIAL POSITION
AS AT 31 MARCH 2023

2023
2022
£
£

Fixed assets
  

Tangible assets
 4 
-
378

Fixed asset investments
  
188,080
188,080

  
188,080
188,458

Current assets
  

Debtors: amounts falling due within one year
 6 
24,110
23,725

Bank and cash balances
  
187
1,253

  
24,297
24,978

Creditors: amounts falling due within one year
 7 
(228,681)
(229,740)

Net current liabilities
  
 
 
(204,384)
 
 
(204,762)

Total assets less current liabilities
  
(16,304)
(16,304)

  

Net liabilities
  
(16,304)
(16,304)


Capital and reserves
  

Called up share capital 
 8 
100
100

Profit and loss account
  
(16,404)
(16,404)

  
(16,304)
(16,304)


Page 1

 
KAIZAH LIMITED
REGISTERED NUMBER: SC499854

STATEMENT OF FINANCIAL POSITION (CONTINUED)
AS AT 31 MARCH 2023

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 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 15 September 2023.




Mr W Henderson
Director

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

Page 2

 
KAIZAH LIMITED
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2023

1.


General information

Kaizah Limited is a private company limited by shares incorporated in Scotland. The registered office is 14 City Quay, Dundee, Tayside, DD1 3JA

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

Going concern

At the time of approving the financial statements, the directors have reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. Thus the directors continue to adopt the going concern basis of accounting in preparing the financial statements. 

 
2.3

Turnover

Turnover is recognised to the extent that it is probable that the economic benefits will flow to the Company and the turnover can be reliably measured. Turnover 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 turnover is recognised:

Rendering of services

Turnover 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 turnover 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

Government grants

Grants are accounted under the accruals model as permitted by FRS 102. Grants relating to expenditure on tangible fixed assets are credited to profit or loss at the same rate as the depreciation on the assets to which the grant relates. The deferred element of grants is included in creditors as deferred income.
Grants of a revenue nature are recognised in the Statement of income and retained earnings in the same period as the related expenditure.

 
2.5

Borrowing costs

All borrowing costs are recognised in profit or loss in the year in which they are incurred.

Page 3

 
KAIZAH LIMITED
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2023

2.Accounting policies (continued)

 
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:

Computer equipment
-
33.33%

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.

 
2.7

Valuation of investments

Investments in subsidiaries are measured at cost less accumulated impairment.

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 income and retained earnings for the period. Where market value cannot be reliably determined, such investments are stated at historic cost less impairment.

Investments in listed company shares are remeasured to market value at each reporting date. Gains and losses on remeasurement are recognised in profit or loss for the period.

 
2.8

Financial instruments

The Company has elected to apply the provisions of Section 11 “Basic Financial Instruments” of FRS 102 to all of its financial instruments.

Financial instruments are recognised in the Company's Statement of financial position when the Company becomes party to the contractual provisions of the instrument.

Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.


3.


Employees

The average monthly number of employees, including directors, during the year was 0 (2022 - 3).

Page 4

 
KAIZAH LIMITED
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2023

4.


Tangible fixed assets





Computer equipment

£





At 1 April 2022
3,136


Disposals
(3,136)



At 31 March 2023

-





At 1 April 2022
2,758


Charge for the year on owned assets
364


Disposals
(3,122)



At 31 March 2023

-



Net book value



At 31 March 2023
-



At 31 March 2022
378


5.


Fixed asset investments





Investments in subsidiary companies

£



Cost or valuation


At 1 April 2022
188,080



At 31 March 2023
188,080




In the opinion of the directors, the cost of the investments reflects the current market value.


6.


Debtors

2023
2022
£
£


Other debtors
19,727
23,700

Prepayments and accrued income
4,383
25

24,110
23,725


Page 5

 
KAIZAH LIMITED
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2023

7.


CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2023
2022
£
£

Bank overdrafts
-
100

Other taxation and social security
-
836

Other creditors
228,681
226,596

Accruals and deferred income
-
2,208

228,681
229,740



8.


Share capital

2023
2022
£
£
Allotted, called up and fully paid



100 Ordinary shares of £1.00 each
100
100



Page 6