Caseware UK (AP4) 2022.0.179 2022.0.179 2023-03-312023-03-31The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.2021-10-01falseNo description of principal activity33truetrue 06726370 2021-10-01 2023-03-31 06726370 2020-11-01 2021-09-30 06726370 2023-03-31 06726370 2021-09-30 06726370 c:Director2 2021-10-01 2023-03-31 06726370 d:PlantMachinery 2021-10-01 2023-03-31 06726370 d:PlantMachinery 2023-03-31 06726370 d:PlantMachinery 2021-09-30 06726370 d:PlantMachinery d:OwnedOrFreeholdAssets 2021-10-01 2023-03-31 06726370 d:OfficeEquipment 2021-10-01 2023-03-31 06726370 d:OfficeEquipment 2023-03-31 06726370 d:OfficeEquipment 2021-09-30 06726370 d:OfficeEquipment d:OwnedOrFreeholdAssets 2021-10-01 2023-03-31 06726370 d:OwnedOrFreeholdAssets 2021-10-01 2023-03-31 06726370 d:CurrentFinancialInstruments 2023-03-31 06726370 d:CurrentFinancialInstruments 2021-09-30 06726370 d:Non-currentFinancialInstruments 2023-03-31 06726370 d:Non-currentFinancialInstruments 2021-09-30 06726370 d:CurrentFinancialInstruments d:WithinOneYear 2023-03-31 06726370 d:CurrentFinancialInstruments d:WithinOneYear 2021-09-30 06726370 d:Non-currentFinancialInstruments d:AfterOneYear 2023-03-31 06726370 d:Non-currentFinancialInstruments d:AfterOneYear 2021-09-30 06726370 d:Non-currentFinancialInstruments d:BetweenTwoFiveYears 2023-03-31 06726370 d:Non-currentFinancialInstruments d:BetweenTwoFiveYears 2021-09-30 06726370 d:ShareCapital 2023-03-31 06726370 d:ShareCapital 2021-09-30 06726370 d:RetainedEarningsAccumulatedLosses 2023-03-31 06726370 d:RetainedEarningsAccumulatedLosses 2021-09-30 06726370 c:FRS102 2021-10-01 2023-03-31 06726370 c:AuditExempt-NoAccountantsReport 2021-10-01 2023-03-31 06726370 c:FullAccounts 2021-10-01 2023-03-31 06726370 c:PrivateLimitedCompanyLtd 2021-10-01 2023-03-31 iso4217:GBP xbrli:pure

Registered number: 06726370









ARISTEIA LTD







UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE PERIOD ENDED 31 MARCH 2023

 
ARISTEIA LTD
REGISTERED NUMBER: 06726370

STATEMENT OF FINANCIAL POSITION
AS AT 31 MARCH 2023

31 March
30 September
2023
2021
Note
£
£

Fixed assets
  

Tangible assets
 5 
7,835
3,942

  
7,835
3,942

Current assets
  

Debtors: amounts falling due within one year
 6 
8,369
2,412

Cash at bank and in hand
 7 
10,944
132,860

  
19,313
135,272

Creditors: amounts falling due within one year
 8 
(58,471)
(70,553)

Net current (liabilities)/assets
  
 
 
(39,158)
 
 
64,719

Total assets less current liabilities
  
(31,323)
68,661

Creditors: amounts falling due after more than one year
 9 
(25,000)
-

  

Net (liabilities)/assets
  
(56,323)
68,661


Capital and reserves
  

Called up share capital 
  
500
500

Profit and loss account
  
(56,823)
68,161

  
(56,323)
68,661


Page 1

 
ARISTEIA LTD
REGISTERED NUMBER: 06726370
    
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 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 income statement 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 19 October 2023.



Louisa Byng
Director

The notes on pages 3 to 8 form part of these financial statements.

Page 2

 
ARISTEIA LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 MARCH 2023

1.


General information

Aristeia Limited is a private company limited by shares and registered in England and Wales. The address of its registered office is Regina House, 124 Finchley Road, United Kingdom, NW3 5JS.  

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

The financial statements have been prepared on the going concern basis, despite the current
general uncertainty arising from the coronavirus pandemic.
Although the potential effect of the coronavirus can be modelled, it is very difficult to determine the
assumptions that will prove to be most appropriate and therefore there is an element of doubt
existing that cannot be quantified.
After reviewing the company's forecasts and projections, the directors have a reasonable
expectation that the company has adequate resources to continue in operational existence for the
foreseeable future. The company therefore continues to adopt the going concern basis in preparing
its financial statements, but with the provision that a material uncertainly exists over the company.

 
2.3

Revenue

Revenue comprises income from the provision of project management and interior design services. Revenue is recognised in the income statement in the period that it is contracually due and is measured as the fair value of the consideration received or receivable, exclusive of value added tax and discounts.

 
2.4

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.

 
2.5

Borrowing costs

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

Page 3

 
ARISTEIA LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 MARCH 2023

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

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:

Plant and machinery
-
15% reducing balance
Office equipment
-
15% reducing balance

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. 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.

 
2.10

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.

Page 4

 
ARISTEIA LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 MARCH 2023

2.Accounting policies (continued)

 
2.11

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 Period was 3 (2021 - 3).


4.


Dividends

31 March
30 September
2023
2021
£
£


Dividends on ordinary shares
-
30,000

-
30,000

Page 5

 
ARISTEIA LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 MARCH 2023

5.


Tangible fixed assets







Plant and machinery
Office equipment
Total

£
£
£



Cost or valuation


At 1 October 2021
-
10,649
10,649


Additions
1,350
3,688
5,038



At 31 March 2023

1,350
14,337
15,687



Depreciation


At 1 October 2021
-
6,707
6,707


Charge for the Period on owned assets
124
1,021
1,145



At 31 March 2023

124
7,728
7,852



Net book value



At 31 March 2023
1,226
6,609
7,835



At 30 September 2021
-
3,942
3,942

Page 6

 
ARISTEIA LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 MARCH 2023

6.


Debtors

31 March
30 September
2023
2021
£
£


Trade debtors
5,210
1,130

Other debtors
3,049
1,012

Prepayments and accrued income
110
270

8,369
2,412



7.


Cash and cash equivalents

31 March
30 September
2023
2021
£
£

Cash at bank and in hand
10,944
132,860

10,944
132,860



8.


Creditors: Amounts falling due within one year

31 March
30 September
2023
2021
£
£

Bounce back loan
10,000
29,222

Trade creditors
13,673
17,289

Other taxation and social security
-
18,690

Other creditors
29,798
352

Accruals and deferred income
5,000
5,000

58,471
70,553


Page 7

 
ARISTEIA LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 MARCH 2023

9.


Creditors: Amounts falling due after more than one year

31 March
30 September
2023
2021
£
£

Bounce back loan
25,000
-

25,000
-



10.


Bounce back loan


Analysis of the maturity of loans is given below:


31 March
30 September
2023
2021
£
£

Amounts falling due within one year

Bounce back loan
10,000
29,222


10,000
29,222


Amounts falling due 2-5 years

Bounce back loan
25,000
-


25,000
-


35,000
29,222



11.


Transactions with directors

At the year end the company was owed to the directors £30,342 (2021: £683 owed from). This is an interest free loan and repayable on demand.

 
Page 8