Caseware UK (AP4) 2022.0.179 2022.0.179 2022-12-312022-12-31false2022-01-01No description of principal activity3620truetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. 09331203 2022-01-01 2022-12-31 09331203 2021-01-01 2021-12-31 09331203 2022-12-31 09331203 2021-12-31 09331203 c:Director1 2022-01-01 2022-12-31 09331203 c:Director2 2022-01-01 2022-12-31 09331203 d:Buildings d:LongLeaseholdAssets 2022-01-01 2022-12-31 09331203 d:Buildings d:ShortLeaseholdAssets 2022-01-01 2022-12-31 09331203 d:Buildings d:ShortLeaseholdAssets 2022-12-31 09331203 d:Buildings d:ShortLeaseholdAssets 2021-12-31 09331203 d:FurnitureFittings 2022-01-01 2022-12-31 09331203 d:FurnitureFittings 2022-12-31 09331203 d:FurnitureFittings 2021-12-31 09331203 d:FurnitureFittings d:OwnedOrFreeholdAssets 2022-01-01 2022-12-31 09331203 d:ComputerEquipment 2022-01-01 2022-12-31 09331203 d:ComputerEquipment 2022-12-31 09331203 d:ComputerEquipment 2021-12-31 09331203 d:ComputerEquipment d:OwnedOrFreeholdAssets 2022-01-01 2022-12-31 09331203 d:OwnedOrFreeholdAssets 2022-01-01 2022-12-31 09331203 d:CurrentFinancialInstruments 2022-12-31 09331203 d:CurrentFinancialInstruments 2021-12-31 09331203 d:Non-currentFinancialInstruments 2022-12-31 09331203 d:Non-currentFinancialInstruments 2021-12-31 09331203 d:CurrentFinancialInstruments d:WithinOneYear 2022-12-31 09331203 d:CurrentFinancialInstruments d:WithinOneYear 2021-12-31 09331203 d:ShareCapital 2022-12-31 09331203 d:ShareCapital 2021-12-31 09331203 d:RetainedEarningsAccumulatedLosses 2022-12-31 09331203 d:RetainedEarningsAccumulatedLosses 2021-12-31 09331203 c:FRS102 2022-01-01 2022-12-31 09331203 c:AuditExempt-NoAccountantsReport 2022-01-01 2022-12-31 09331203 c:FullAccounts 2022-01-01 2022-12-31 09331203 c:PrivateLimitedCompanyLtd 2022-01-01 2022-12-31 09331203 7 2022-01-01 2022-12-31 iso4217:GBP xbrli:pure

09331203







AMERICAN INTERNATIONAL RELOCATION SOLUTIONS UK LIMITED

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED
31 DECEMBER 2022































img0693.png

AMERICAN INTERNATIONAL RELOCATION SOLUTIONS UK LIMITED
REGISTERED NUMBER:09331203

BALANCE SHEET
AS AT 31 DECEMBER 2022

2022
2021
Note
£
£

Fixed assets
  

Tangible fixed assets
 4 
39,154
51,015

Current assets
  

Debtors: amounts falling due after more than one year
 5 
-
69,930

Debtors: amounts falling due within one year
 5 
341,237
58,288

Bank and cash balances
  
119,920
106,886

  
461,157
235,104

Creditors: amounts falling due within one year
 6 
(297,475)
(119,788)

Net current assets
  
 
 
163,682
 
 
115,316

Total assets less current liabilities
  
202,836
166,331

  

Net assets
  
202,836
166,331


Capital and reserves
  

Called up share capital 
  
1,000
1,000

Profit and loss account
  
201,836
165,331

  
202,836
166,331

Page 1

AMERICAN INTERNATIONAL RELOCATION SOLUTIONS UK LIMITED
REGISTERED NUMBER:09331203
    
BALANCE SHEET (CONTINUED)
AS AT 31 DECEMBER 2022

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 by: 




B. S. Putt
J. W. Wangler
Director
Director


Date: 11 October 2023

Page 2

AMERICAN INTERNATIONAL RELOCATION SOLUTIONS UK LIMITED
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2022

1.


General information

American International Relocation Solutions UK Limited (the 'company') is a private company, domiciled and incorporated in England and Wales. 
The registered office is Brockbourne House, 77 Mount Ephraim, Tunbridge Wells, Kent, TN4 8BS.
Its principal place of business is 41 Hartfield Road, Wimbledon, London, SW19 3RQ. 

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

Monetary amounts in these financial statements are stated in sterling and rounded to the nearest whole £1.

The following principal accounting policies have been applied:

 
2.2

Going concern

The directors have prepared the financial statements on the going concern basis because they have the financial support of the parent company.  They are also directors of the parent company.
The directors of the parent company control the company to which American International Relocation Solutions UK Limited provides services.  This company is reliant on American International Relocation Solutions UK Limited to provide services under a documented service agreement, and so the directors have a vested interest in providing support to the company in order that it may deliver those services.

  
2.3

Revenue

Revenue is recognised by the company in respect of services supplied during the year.
Revenue relates to relevant costs recharged to a related party under a service agreement. The revenue is recognised and invoiced at the end of the financial year, when all relevant costs to be recharged have themselves been recognised.

Page 3

AMERICAN INTERNATIONAL RELOCATION SOLUTIONS UK LIMITED
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2022

2.Accounting policies (continued)

  
2.4

Foreign currency translation

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.
Foreign exchange gains and losses resulting from the settlement of transactions and from the translation at period-end exchange rates of monetary assets and liabilities denominated in foreign currencies are recognised in the Statement of comprehensive income.

 
2.5

Pensions

Defined contribution pension plan

The company operates a defined contribution plan for its employees. A defined contribution plan is a pension plan under which the company pays fixed contributions into a separate entity. Once the contributions have been paid the company has no further payment obligations.

The contributions are recognised as an expense in profit or loss when they fall due. Amounts not paid are shown in accruals as a liability in the Balance sheet. The assets of the plan are held separately from the company in independently administered funds.

 
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 balance sheet date in the countries where the company operates and generates income.

 
2.7

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.

Page 4

AMERICAN INTERNATIONAL RELOCATION SOLUTIONS UK LIMITED
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2022

2.Accounting policies (continued)


2.7
Tangible fixed assets (continued)

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:

Leasehold improvements
-
5 years straight line
Fixtures and fittings
-
4 years straight line
Computer equipment
-
4 years straight line

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.

 
2.8

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.

 
2.9

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. 

 
2.10

 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.

 
2.11

 Holiday pay accrual

A liability is recognised to the extent of any unused holiday pay entitlement which is accrued at the balance sheet date and carried forward to future periods. This is measured at the undiscounted salary cost of the future holiday entitlement so accrued at the balance sheet date.

  
2.12

 Operating leases

Rental expenses arising from non-cancellable operating leases are recongised on a straight-line basis over the term of the respective lease. 
Rent free periods and other incentives provided to the company by the lessor are accounted for initially as deferred income. The deferred income is subsequently released as a credit to rental expense, in the statement of income and retained earnings, on a straight-line basis over the lease term.

Page 5

AMERICAN INTERNATIONAL RELOCATION SOLUTIONS UK LIMITED
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2022

3.


Employees

The average monthly number of employees, including directors, during the year was 36 (2021 - 20).


4.


Tangible fixed assets





Short-term leasehold property
Fixtures and fittings
Computer equipment
Total

£
£
£
£



Cost or valuation


At 1 January 2022
76,492
60,047
16,417
152,956


Additions
-
-
26,080
26,080


Disposals
-
-
(3,342)
(3,342)



At 31 December 2022

76,492
60,047
39,155
175,694



Depreciation


At 1 January 2022
49,448
47,862
4,629
101,939


Charge for the year on owned assets
16,689
12,185
8,021
36,895


Disposals
-
-
(2,294)
(2,294)



At 31 December 2022

66,137
60,047
10,356
136,540



Net book value



At 31 December 2022
10,355
-
28,799
39,154



At 31 December 2021
27,043
12,185
11,787
51,015

Page 6

AMERICAN INTERNATIONAL RELOCATION SOLUTIONS UK LIMITED
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2022

5.


Debtors

2022
2021
£
£

Due after more than one year

Other debtors
-
69,930


2022
2021
£
£

Due within one year

Trade debtors
94
-

Amounts owed by group undertakings
234,219
-

Other debtors
105,435
50,411

Prepayments
1,489
7,877

341,237
58,288



6.


Creditors: amounts falling due within one year

2022
2021
£
£

Trade creditors
5,738
-

Amounts owed to group undertakings
-
4,445

Corporation tax
3,548
21,000

Other taxation and social security
61,264
38,266

Other creditors
1,071
4,770

Accruals and deferred income
225,854
51,307

297,475
119,788



7.


Parent company

The parent company is AIRES Holding, LLC, which holds all of the share capital of the company, and which is incorporated in the United States of America. The ultimate controlling party is the board of directors of AIRES Holding, LLC.
 
Page 7