Caseware UK (AP4) 2022.0.179 2022.0.179 2023-01-312023-01-31false2022-02-01No description of principal activity11truetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. 11764527 2022-02-01 2023-01-31 11764527 2021-02-01 2022-01-31 11764527 2023-01-31 11764527 2022-01-31 11764527 c:Director1 2022-02-01 2023-01-31 11764527 d:Buildings d:LongLeaseholdAssets 2022-02-01 2023-01-31 11764527 d:Buildings d:LongLeaseholdAssets 2023-01-31 11764527 d:Buildings d:LongLeaseholdAssets 2022-01-31 11764527 d:MotorVehicles 2022-02-01 2023-01-31 11764527 d:MotorVehicles 2023-01-31 11764527 d:MotorVehicles 2022-01-31 11764527 d:MotorVehicles d:OwnedOrFreeholdAssets 2022-02-01 2023-01-31 11764527 d:FurnitureFittings 2022-02-01 2023-01-31 11764527 d:FurnitureFittings 2023-01-31 11764527 d:FurnitureFittings 2022-01-31 11764527 d:FurnitureFittings d:OwnedOrFreeholdAssets 2022-02-01 2023-01-31 11764527 d:OwnedOrFreeholdAssets 2022-02-01 2023-01-31 11764527 d:CurrentFinancialInstruments 2023-01-31 11764527 d:CurrentFinancialInstruments 2022-01-31 11764527 d:CurrentFinancialInstruments d:WithinOneYear 2023-01-31 11764527 d:CurrentFinancialInstruments d:WithinOneYear 2022-01-31 11764527 d:ShareCapital 2023-01-31 11764527 d:ShareCapital 2022-01-31 11764527 d:RevaluationReserve 2023-01-31 11764527 d:RevaluationReserve 2022-01-31 11764527 d:RetainedEarningsAccumulatedLosses 2023-01-31 11764527 d:RetainedEarningsAccumulatedLosses 2022-01-31 11764527 c:OrdinaryShareClass1 2022-02-01 2023-01-31 11764527 c:OrdinaryShareClass1 2023-01-31 11764527 c:OrdinaryShareClass1 2022-01-31 11764527 c:FRS102 2022-02-01 2023-01-31 11764527 c:AuditExempt-NoAccountantsReport 2022-02-01 2023-01-31 11764527 c:FullAccounts 2022-02-01 2023-01-31 11764527 c:PrivateLimitedCompanyLtd 2022-02-01 2023-01-31 11764527 5 2022-02-01 2023-01-31 xbrli:shares iso4217:GBP xbrli:pure

Registered number: 11764527










DARWINIAN LTD








UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 31 JANUARY 2023

 
DARWINIAN LTD
REGISTERED NUMBER: 11764527

BALANCE SHEET
AS AT 31 JANUARY 2023

2023
2022
Note
£
£

Fixed assets
  

Tangible assets
 4 
1,054,631
1,145,749

  
1,054,631
1,145,749

Current assets
  

Debtors: amounts falling due within one year
 5 
1,518
4,201

Cash at bank and in hand
 6 
20,189
90,701

  
21,707
94,902

Creditors: amounts falling due within one year
 7 
(535,501)
(646,515)

Net current liabilities
  
 
 
(513,794)
 
 
(551,613)

Total assets less current liabilities
  
540,837
594,136

  

Net assets
  
540,837
594,136


Capital and reserves
  

Called up share capital 
 8 
1
1

Revaluation reserve
  
(101,000)
(2,393)

Profit and loss account
  
641,836
596,528

  
540,837
594,136


Page 1

 
DARWINIAN LTD
REGISTERED NUMBER: 11764527

BALANCE SHEET (CONTINUED)
AS AT 31 JANUARY 2023

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 by: 




R MacLaren
Director

Date: 23 October 2023

The notes on pages 3 to 7 form part of these financial statements.

Page 2

 
DARWINIAN LTD
 

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

1.


General information

Darwinian Limited is a private company limited by share capital and registered in England and Wales. The address of its registered office is: 10 Willow Court, Barton Fields Road, Oxfordshire, England, OX3 9FQ.

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

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:

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.

 
2.3

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.

 
2.4

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 3

 
DARWINIAN LTD
 

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

2.Accounting policies (continued)


2.4
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:

Motor vehicles
-
over 6 years
Fixtures and fittings
-
20%

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.

 
2.5

Revaluation of tangible fixed assets

Individual freehold and leasehold properties are carried at current year value at fair value at the date of the revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses. Revaluations are undertaken with sufficient regularity to ensure the carrying amount does not differ materially from that which would be determined using fair value at the balance sheet date.
Fair values are determined from market based evidence normally undertaken by professionally qualified valuers.

Revaluation gains and losses are recognised in other comprehensive income unless losses exceed the previously recognised gains or reflect a clear consumption of economic benefits, in which case the excess losses are recognised in profit or loss.

 
2.6

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.

 
2.7

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.

 
2.8

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

 
DARWINIAN LTD
 

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

2.Accounting policies (continued)

 
2.9

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 Balance Sheet when the Company becomes party to the contractual provisions of the instrument.

Basic financial assets

Basic financial assets, which include trade and other receivables, cash and bank balances, are initially measured at their transaction price including transaction costs and are subsequently carried at their amortised cost using the effective interest method, less any provision for impairment, unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest.

Discounting is omitted where the effect of discounting is immaterial. The Company's cash and cash equivalents, trade and most other receivables due with the operating cycle fall into this category of financial instruments.


3.


Employees

The average monthly number of employees, including directors, during the year was 1 (2022 - 1).

Page 5

 
DARWINIAN LTD
 

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

4.


Tangible fixed assets





Long-term leasehold property
Motor vehicles
Fixtures and fittings
Total

£
£
£
£



Cost or valuation


At 1 February 2022
1,113,340
30,400
15,677
1,159,417


Additions
-
33,602
-
33,602


Disposals
-
(30,400)
-
(30,400)


Revaluations
(98,607)
-
-
(98,607)



At 31 January 2023

1,014,733
33,602
15,677
1,064,012



Depreciation


At 1 February 2022
-
9,289
4,379
13,668


Charge for the year on owned assets
-
1,867
3,135
5,002


Disposals
-
(9,289)
-
(9,289)



At 31 January 2023

-
1,867
7,514
9,381



Net book value



At 31 January 2023
1,014,733
31,735
8,163
1,054,631



At 31 January 2022
1,113,340
21,111
11,298
1,145,749

During the year, one of the lasehold properties had an independent valuation which is included in the accounts. The second property has been valued by the director at the year end on an open market basis and has not changed in value since the previous year. 


If the land and buildings had not been included at valuation they would have been included under the historical cost convention as follows:

2023
2022
£
£



Cost
1,115,733
1,115,733

Net book value
1,115,733
1,115,733

Page 6

 
DARWINIAN LTD
 

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

5.


Debtors

2023
2022
£
£


Trade debtors
560
2,410

Other debtors
439
1,790

Called up share capital not paid
1
1

Prepayments and accrued income
518
-

1,518
4,201



6.


Cash and cash equivalents

2023
2022
£
£

Cash at bank and in hand
20,189
90,701



7.


Creditors: Amounts falling due within one year

2023
2022
£
£

Other loans
523,166
548,167

Trade creditors
-
115

Corporation tax
9,053
73,290

Other taxation and social security
-
19,486

Accruals and deferred income
3,282
5,457

535,501
646,515


Other loans consists of a loan from William Harvey Medical Limited, a company in which R MacLaren is a shareholder. The loan is interest-free and is due to be repaid within five years, with no other set repayment terms.


8.


Share capital

2023
2022
£
£
Allotted, called up and fully paid



100 (2022 - 100) Ordinary shares of £0.01 each
1
1



9.


Controlling party

The Company is controlled by the director.


Page 7