Caseware UK (AP4) 2022.0.179 2022.0.179 2023-04-052023-04-052022-04-06falseNo description of principal activity22truetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. 08679368 2022-04-06 2023-04-05 08679368 2021-04-06 2022-04-05 08679368 2023-04-05 08679368 2022-04-05 08679368 c:Director1 2022-04-06 2023-04-05 08679368 d:FreeholdInvestmentProperty 2023-04-05 08679368 d:FreeholdInvestmentProperty 2022-04-05 08679368 d:CurrentFinancialInstruments 2023-04-05 08679368 d:CurrentFinancialInstruments 2022-04-05 08679368 d:CurrentFinancialInstruments d:WithinOneYear 2023-04-05 08679368 d:CurrentFinancialInstruments d:WithinOneYear 2022-04-05 08679368 d:ShareCapital 2023-04-05 08679368 d:ShareCapital 2022-04-05 08679368 d:RevaluationReserve 2022-04-06 2023-04-05 08679368 d:RevaluationReserve 2023-04-05 08679368 d:RevaluationReserve 2022-04-05 08679368 d:RetainedEarningsAccumulatedLosses 2022-04-06 2023-04-05 08679368 d:RetainedEarningsAccumulatedLosses 2023-04-05 08679368 d:RetainedEarningsAccumulatedLosses 2022-04-05 08679368 c:FRS102 2022-04-06 2023-04-05 08679368 c:AuditExempt-NoAccountantsReport 2022-04-06 2023-04-05 08679368 c:FullAccounts 2022-04-06 2023-04-05 08679368 c:PrivateLimitedCompanyLtd 2022-04-06 2023-04-05 08679368 d:AcceleratedTaxDepreciationDeferredTax 2023-04-05 08679368 d:AcceleratedTaxDepreciationDeferredTax 2022-04-05 08679368 5 2022-04-06 2023-04-05 iso4217:GBP xbrli:pure

Registered number: 08679368









ANOKA UK LIMITED







UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 5 APRIL 2023

 
ANOKA UK LIMITED
REGISTERED NUMBER: 08679368

BALANCE SHEET
AS AT 5 APRIL 2023

2023
2022
Note
£
£

Fixed assets
  

Investment property
 4 
1,600,000
1,600,000

  
1,600,000
1,600,000

Current assets
  

Debtors: amounts falling due within one year
 5 
2,499
2,325

Cash at bank and in hand
 6 
7,737
7,863

  
10,236
10,188

Creditors: amounts falling due within one year
 7 
(494,315)
(555,871)

Net current liabilities
  
 
 
(484,079)
 
 
(545,683)

Total assets less current liabilities
  
1,115,921
1,054,317

Provisions for liabilities
  

Deferred tax
 8 
(120,966)
(118,803)

  
 
 
(120,966)
 
 
(118,803)

Net assets
  
994,955
935,514


Capital and reserves
  

Called up share capital 
  
1
1

Revaluation reserve
 9 
529,033
531,197

Profit and loss account
 9 
465,921
404,316

  
994,955
935,514


Page 1

 
ANOKA UK LIMITED
REGISTERED NUMBER: 08679368
    
BALANCE SHEET (CONTINUED)
AS AT 5 APRIL 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 25 October 2023.




................................................
D M J Carlon
Director

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

Page 2

 
ANOKA UK LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 5 APRIL 2023

1.


General information

Anoka UK Limited is a company limited by shares incorporated in England within the United Kingdom. The address of the registered office is First Floor, Radius House, 51 Clarendon Road, Watford, Herts, WD17 1HP. 
The company's principal activity is that of property investment. 
The financial statements are presented in Sterling which is the functional currency of the company and rounded to the nearest £.
The significant accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all years presented unless otherwise stated.

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. 

Page 3

 
ANOKA UK LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 5 APRIL 2023

2.Accounting policies (continued)

 
2.3

Current and deferred taxation

The tax expense for the year comprises current and deferred tax. 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.

Deferred tax balances are recognised in respect of all timing differences that have originated but not reversed by the balance sheet date, except that:
The recognition of deferred tax assets is limited to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits; and
Any deferred tax balances are reversed if and when all conditions for retaining associated tax allowances have been met.

Deferred tax balances are not recognised in respect of permanent differences except in respect of business combinations, when deferred tax is recognised on the differences between the fair values of assets acquired and the future tax deductions available for them and the differences between the fair values of liabilities acquired and the amount that will be assessed for tax. Deferred tax is determined using tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

 
2.4

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.

 
2.5

Investment property

Investment property is carried at fair value determined annually by the directors using an internal appraisal. No depreciation is provided. Changes in fair value are recognised in the Profit and loss account.

 
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.

Page 4

 
ANOKA UK LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 5 APRIL 2023

2.Accounting policies (continued)

 
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.

 
2.9

Provisions for liabilities

Provisions are made where an event has taken place that gives the Company a legal or constructive obligation that probably requires settlement by a transfer of economic benefit, and a reliable estimate can be made of the amount of the obligation.
Provisions are charged as an expense to profit or loss in the year that the Company becomes aware of the obligation, and are measured at the best estimate at the balance sheet date of the expenditure required to settle the obligation, taking into account relevant risks and uncertainties.
When payments are eventually made, they are charged to the provision carried in the Balance sheet.


3.


Employees

The average monthly number of employees, including directors, during the year was 2 (2022 - 2).

Page 5

 
ANOKA UK LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 5 APRIL 2023

4.


Investment property


Freehold investment property

£



Valuation


At 6 April 2022
1,600,000



At 5 April 2023
1,600,000

The 2023 valuations were made by the directors, on an open market value for existing use basis.






Page 6

 
ANOKA UK LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 5 APRIL 2023

5.


Debtors

2023
2022
£
£


Prepayments and accrued income
2,499
2,325

2,499
2,325



6.


Cash and cash equivalents

2023
2022
£
£

Cash at bank and in hand
7,737
7,863

7,737
7,863



7.


Creditors: Amounts falling due within one year

2023
2022
£
£

Amounts owed to group undertakings
366,270
429,033

Corporation tax
14,526
13,719

Other creditors
108,919
108,919

Accruals and deferred income
4,600
4,200

494,315
555,871



8.


Deferred taxation




2023


£






At beginning of year
(118,803)


Charged to profit or loss
(2,164)



At end of year
(120,967)

Page 7

 
ANOKA UK LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 5 APRIL 2023
 
8.Deferred taxation (continued)

The provision for deferred taxation is made up as follows:

2023
2022
£
£


Deferred tax on investment properties
(120,967)
(118,803)

(120,967)
(118,803)


9.


Reserves

Revaluation reserve

Revaluation reserve includes all current and prior period property revaluations, net of any deferred tax recognised.

Profit and loss account

The profit and loss account includes all current and prior period retained profits and losses.


10.


Controlling party

The controlling party is Anoka Limited, a company incorporated and registered in The Isle of Man. The ultimate controlling parties are the Trustees of The Spring Settlement by virtue of the Trust's shareholding in Anoka UK Limited.

 
Page 8