Caseware UK (AP4) 2022.0.179 2022.0.179 2023-01-312023-01-31The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.82022-02-01falseNo description of principal activity8truetrue 11835378 2022-02-01 2023-01-31 11835378 2021-02-01 2022-01-31 11835378 2023-01-31 11835378 2022-01-31 11835378 c:Director1 2022-02-01 2023-01-31 11835378 d:Buildings d:LongLeaseholdAssets 2022-02-01 2023-01-31 11835378 d:Buildings d:LongLeaseholdAssets 2023-01-31 11835378 d:Buildings d:LongLeaseholdAssets 2022-01-31 11835378 d:PlantMachinery 2022-02-01 2023-01-31 11835378 d:PlantMachinery 2023-01-31 11835378 d:PlantMachinery 2022-01-31 11835378 d:FurnitureFittings 2022-02-01 2023-01-31 11835378 d:FurnitureFittings 2023-01-31 11835378 d:FurnitureFittings 2022-01-31 11835378 d:ComputerEquipment 2022-02-01 2023-01-31 11835378 d:ComputerEquipment 2023-01-31 11835378 d:ComputerEquipment 2022-01-31 11835378 d:CurrentFinancialInstruments 2023-01-31 11835378 d:CurrentFinancialInstruments 2022-01-31 11835378 d:CurrentFinancialInstruments d:WithinOneYear 2023-01-31 11835378 d:CurrentFinancialInstruments d:WithinOneYear 2022-01-31 11835378 d:ShareCapital 2023-01-31 11835378 d:ShareCapital 2022-01-31 11835378 d:RetainedEarningsAccumulatedLosses 2023-01-31 11835378 d:RetainedEarningsAccumulatedLosses 2022-01-31 11835378 c:OrdinaryShareClass1 2022-02-01 2023-01-31 11835378 c:OrdinaryShareClass1 2023-01-31 11835378 c:OrdinaryShareClass1 2022-01-31 11835378 c:FRS102 2022-02-01 2023-01-31 11835378 c:AuditExempt-NoAccountantsReport 2022-02-01 2023-01-31 11835378 c:FullAccounts 2022-02-01 2023-01-31 11835378 c:PrivateLimitedCompanyLtd 2022-02-01 2023-01-31 xbrli:shares iso4217:GBP xbrli:pure

Registered number: 11835378









GAZZOSA HOLLOWAY LTD







UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 31 JANUARY 2023

 
GAZZOSA HOLLOWAY LTD
REGISTERED NUMBER: 11835378

STATEMENT OF FINANCIAL POSITION
AS AT 31 JANUARY 2023

2023
2022
Note
£
£

Fixed assets
  

Tangible assets
 4 
-
188,974

  
-
188,974

Current assets
  

Cash at bank and in hand
 5 
2,350
3,581

  
2,350
3,581

Creditors: amounts falling due within one year
 6 
(64,777)
(254,982)

Net current liabilities
  
 
 
(62,427)
 
 
(251,401)

Total assets less current liabilities
  
(62,427)
(62,427)

  

Net liabilities
  
(62,427)
(62,427)


Capital and reserves
  

Called up share capital 
 7 
100
100

Profit and loss account
  
(62,527)
(62,527)

  
(62,427)
(62,427)


Page 1

 
GAZZOSA HOLLOWAY LTD
REGISTERED NUMBER: 11835378
    
STATEMENT OF FINANCIAL POSITION (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: 




G D'Angelo
Director

Date: 25 October 2023

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

Page 2

 
GAZZOSA HOLLOWAY LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2023

1.


General information

Gazzosa Holloway Limited is a private company limited by shares and incorporated in England & Wales (registered number 11835378). The registered office is 101 New Cavendish Street, 1st Floor South, London, United Kingdom, W1W 6XH.

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

In assessing the ability of the company to operate as a going concern, management have evaluated current and forecasted operational results, and the solvency of the company. The directors have obtained assurances from the shareholders to continue to provide adequate funds to meet its obligations, and not to demand repayment of any funds due to them, until the company is in a financial position to do so. As a result, the directors consider it appropriate to prepare the financial statements on a going concern basis.

 
2.3

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:

Sale of goods

Revenue from the sale of goods is recognised when all of the following conditions are satisfied:
the Company has transferred the significant risks and rewards of ownership to the buyer;
the Company retains neither continuing managerial involvement to the degree usually associated with ownership nor effective control over the goods sold;
the amount of revenue can be measured reliably;
it is probable that the Company will receive the consideration due under the transaction; and
the costs incurred or to be incurred in respect of the transaction can be measured reliably.

 
2.4

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.

Page 3

 
GAZZOSA HOLLOWAY LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2023

2.Accounting policies (continued)

 
2.5

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:

Long-term leasehold property
-
Over the period of lease
Plant and machinery
-
20%
straight line basis
Fixtures and fittings
-
20%
straight line basis
Computer equipment
-
20%
straight line basis

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.

 
2.6

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.

 
2.7

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.


3.


Employees

The average monthly number of employees, including directors, during the year was 8 (2022 - 8).

Page 4

 
GAZZOSA HOLLOWAY LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2023

4.


Tangible fixed assets





Long-term leasehold property
Plant and machinery
Fixtures and fittings
Computer equipment
Total

£
£
£
£
£





At 1 February 2022
195,272
24,083
6,956
4,396
230,707


Transfers intra group
(195,272)
(24,083)
(6,956)
(4,396)
(230,707)



At 31 January 2023

-
-
-
-
-





At 1 February 2022
25,389
10,643
3,526
2,175
41,733


Transfers intra group
(25,389)
(10,643)
(3,526)
(2,175)
(41,733)



At 31 January 2023

-
-
-
-
-



Net book value



At 31 January 2023
-
-
-
-
-


5.


Cash and cash equivalents

2023
2022
£
£

Cash at bank and in hand
2,350
3,581

2,350
3,581



6.


Creditors: Amounts falling due within one year

2023
2022
£
£

Trade creditors
-
19,825

Amounts owed to group undertakings
64,777
213,460

Corporation tax
-
7,657

Other taxation and social security
-
12,040

Accruals and deferred income
-
2,000

64,777
254,982


Page 5

 
GAZZOSA HOLLOWAY LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2023

7.


Share capital

2023
2022
£
£
Allotted, called up and fully paid



10,000 (2022 - 10,000) Ordinary shares of £0.01 each
100
100


8.


Ultimate parent undertaking

The immediate parent undertaking is Gazzosa Holdings Limited, a company incorporated in England and Wales. 

 
Page 6