Caseware UK (AP4) 2022.0.179 2022.0.179 2023-03-312023-03-312022-04-01falsetrueNo description of principal activity22trueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. 13292632 2022-04-01 2023-03-31 13292632 2021-03-25 2022-03-31 13292632 2023-03-31 13292632 2022-03-31 13292632 c:Director1 2022-04-01 2023-03-31 13292632 c:Director2 2022-04-01 2023-03-31 13292632 d:PatentsTrademarksLicencesConcessionsSimilar 2023-03-31 13292632 d:PatentsTrademarksLicencesConcessionsSimilar 2022-03-31 13292632 d:CurrentFinancialInstruments 2023-03-31 13292632 d:CurrentFinancialInstruments 2022-03-31 13292632 d:CurrentFinancialInstruments d:WithinOneYear 2023-03-31 13292632 d:CurrentFinancialInstruments d:WithinOneYear 2022-03-31 13292632 d:ShareCapital 2023-03-31 13292632 d:ShareCapital 2022-03-31 13292632 d:RetainedEarningsAccumulatedLosses 2023-03-31 13292632 d:RetainedEarningsAccumulatedLosses 2022-03-31 13292632 c:OrdinaryShareClass1 2022-04-01 2023-03-31 13292632 c:OrdinaryShareClass1 2023-03-31 13292632 c:OrdinaryShareClass1 2022-03-31 13292632 c:FRS102 2022-04-01 2023-03-31 13292632 c:AuditExempt-NoAccountantsReport 2022-04-01 2023-03-31 13292632 c:FullAccounts 2022-04-01 2023-03-31 13292632 c:PrivateLimitedCompanyLtd 2022-04-01 2023-03-31 13292632 d:PatentsTrademarksLicencesConcessionsSimilar d:OwnedIntangibleAssets 2022-04-01 2023-03-31 xbrli:shares iso4217:GBP xbrli:pure

Registered number: 13292632









CHRISTIAN ART NETWORK LIMITED







UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 31 MARCH 2023

 
CHRISTIAN ART NETWORK LIMITED
REGISTERED NUMBER: 13292632

BALANCE SHEET
AS AT 31 MARCH 2023

2023
2022
Note
$
$

Fixed assets
  

Intangible fixed assets
 4 
212
282

  
212
282

Current assets
  

Debtors: amounts falling due within one year
 5 
-
706

Cash at bank and in hand
 6 
49,416
-

  
49,416
706

Creditors: amounts falling due within one year
 7 
(343,335)
(135,982)

Net current liabilities
  
 
 
(293,919)
 
 
(135,276)

Total assets less current liabilities
  
(293,707)
(134,994)

  

Net liabilities
  
(293,707)
(134,994)


Capital and reserves
  

Called up share capital 
 8 
1,410
1,410

Profit and loss account
  
(295,117)
(136,404)

  
(293,707)
(134,994)


Page 1

 
CHRISTIAN ART NETWORK LIMITED
REGISTERED NUMBER: 13292632
    
BALANCE SHEET (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 26 October 2023.




J J Studzinski
P Van Der Vorst
Director
Director

The notes on pages 3 to 5 form part of these financial statements.

Page 2

 
CHRISTIAN ART NETWORK LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2023

1.


General information

Christian Art Network Limited principal activity is to provide an information service. It is a private company limited by shares and registered in England and Wales. The address of its registered office is 92 Cheyne Walk, Chelsea, London, England, SW10 0DQ.

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 drawn up on a going concern basis on the assumption that the company's principal creditors will continue to provide such financial support as the company requires to enable it to meet its liabilities when they fall due. The company has received assurance that such support will be provided.
Should such support be withdrawn, the company may be unable to continue trading and adjustments may have to be made to reduce the value of the assets to their recoverable amount and provide for any further liabilities that may arise.
The company therefore adopts the going concern basis in preparing its financial statements.

 
2.3

Intangible assets

Intangible assets are initially recognised at cost. After recognition, under the cost model, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

All intangible assets are considered to have a finite useful life. If a reliable estimate of the useful life cannot be made, the useful life shall not exceed ten years.

 
2.4

Debtors

Short-term debtors are measured at transaction price, less any impairment. 

 
2.5

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.

 
2.6

Creditors

Short-term creditors are measured at the transaction price.
Page 3

 
CHRISTIAN ART NETWORK LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2023

3.


Employees

The average monthly number of employees, including the directors, during the year was as follows:


      Year ended
       31 March
     Period ended
        31 March
        2023
        2022
            No.
            No.







Directors
2
2


4.


Intangible assets




Intellectual Property Rights

$



Cost


At 1 April 2022
352



At 31 March 2023

352



Amortisation


At 1 April 2022
70


Charge for the year on owned assets
70



At 31 March 2023

140



Net book value



At 31 March 2023
212



At 31 March 2022
282



Page 4

 
CHRISTIAN ART NETWORK LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2023

5.


Debtors

2023
2022
$
$


Other debtors
-
706

-
706



6.


Cash and cash equivalents

2023
2022
$
$

Cash at bank and in hand
49,416
-

49,416
-



7.


Creditors: Amounts falling due within one year

2023
2022
$
$

Other creditors
338,608
131,255

Accruals
4,727
4,727

343,335
135,982



8.


Share capital

2023
2022
$
$
Allotted, called up and fully paid



1,000 (2022 - 1,000) Ordinary shares of £1.00 each
1,410
1,410



9.


Related party transactions

At the reporting date, the company owed J J Studzinski , a director of the company, $338,608 (2022 - $131,255) in respect of his director's loan account. The loan is interest free, unsecured and repayable on demand.

 
Page 5