Caseware UK (AP4) 2022.0.179 2022.0.179 2022-10-312022-10-311false2021-11-01No description of principal activity1truetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. 11652158 2021-11-01 2022-10-31 11652158 2020-11-01 2021-10-31 11652158 2022-10-31 11652158 2021-10-31 11652158 c:Director1 2021-11-01 2022-10-31 11652158 d:CurrentFinancialInstruments 2022-10-31 11652158 d:CurrentFinancialInstruments 2021-10-31 11652158 d:Non-currentFinancialInstruments 2022-10-31 11652158 d:Non-currentFinancialInstruments 2021-10-31 11652158 d:CurrentFinancialInstruments d:WithinOneYear 2022-10-31 11652158 d:CurrentFinancialInstruments d:WithinOneYear 2021-10-31 11652158 d:Non-currentFinancialInstruments d:AfterOneYear 2022-10-31 11652158 d:Non-currentFinancialInstruments d:AfterOneYear 2021-10-31 11652158 d:Non-currentFinancialInstruments d:BetweenOneTwoYears 2022-10-31 11652158 d:Non-currentFinancialInstruments d:BetweenOneTwoYears 2021-10-31 11652158 d:Non-currentFinancialInstruments d:BetweenTwoFiveYears 2022-10-31 11652158 d:Non-currentFinancialInstruments d:BetweenTwoFiveYears 2021-10-31 11652158 d:ShareCapital 2022-10-31 11652158 d:ShareCapital 2021-10-31 11652158 d:RetainedEarningsAccumulatedLosses 2022-10-31 11652158 d:RetainedEarningsAccumulatedLosses 2021-10-31 11652158 c:OrdinaryShareClass1 2021-11-01 2022-10-31 11652158 c:OrdinaryShareClass1 2022-10-31 11652158 c:OrdinaryShareClass1 2021-10-31 11652158 c:FRS102 2021-11-01 2022-10-31 11652158 c:AuditExempt-NoAccountantsReport 2021-11-01 2022-10-31 11652158 c:FullAccounts 2021-11-01 2022-10-31 11652158 c:PrivateLimitedCompanyLtd 2021-11-01 2022-10-31 iso4217:GBP xbrli:shares xbrli:pure

Registered number: 11652158









MAISON PLAY PARIS LIMITED







UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 31 OCTOBER 2022

 
MAISON PLAY PARIS LIMITED
REGISTERED NUMBER: 11652158

BALANCE SHEET
AS AT 31 OCTOBER 2022

2022
2021
Note
£
£

  

Current assets
  

Stocks
  
3,829
4,263

Debtors: amounts falling due within one year
 4 
111,640
66,701

Cash at bank and in hand
  
16,427
40,904

  
131,896
111,868

Creditors: amounts falling due within one year
 5 
(136,785)
(71,458)

Net current (liabilities)/assets
  
 
 
(4,889)
 
 
40,410

Total assets less current liabilities
  
(4,889)
40,410

Creditors: amounts falling due after more than one year
 6 
(21,200)
(22,877)

  

Net (liabilities)/assets
  
(26,089)
17,533


Capital and reserves
  

Called up share capital 
 8 
1
1

Profit and loss account
  
(26,090)
17,532

  
(26,089)
17,533


Page 1

 
MAISON PLAY PARIS LIMITED
REGISTERED NUMBER: 11652158
    
BALANCE SHEET (CONTINUED)
AS AT 31 OCTOBER 2022

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 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.




Timothy Dass
Director

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

Page 2

 
MAISON PLAY PARIS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2022

1.


General information

The Company is a private company, limited by shares, incorporated and domiciled in England within the United Kingdom, registration number 11652158. The Company's registered office is 40 Harborne Road, Birmingham, United Kingdom, B15 3HE.
The financial statements are presented in sterling which is the functional currency of the company and the financial statements are rounded to the nearest £1.

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 accounts have been prepared on the 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.

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.

Page 3

 
MAISON PLAY PARIS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2022

2.Accounting policies (continued)

 
2.4

Operating leases: the Company as lessee

Rentals paid under operating leases are charged to profit or loss on a straight-line basis over the lease term.

Benefits received and receivable as an incentive to sign an operating lease are recognised on a straight-line basis over the lease term, unless another systematic basis is representative of the time pattern of the lessee's benefit from the use of the leased asset.

 
2.5

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.

 
2.6

Borrowing costs

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

 
2.7

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.

 
2.8

Stocks

Stocks are stated at the lower of cost and net realisable value, being the estimated selling price less costs to complete and sell. Cost is based on the cost of purchase on a first in, first out basis. Work in progress and finished goods include labour and attributable overheads.

At each balance sheet date, stocks are assessed for impairment. If stock is impaired, the carrying amount is reduced to its selling price less costs to complete and sell. The impairment loss is recognised immediately in profit or loss.

 
2.9

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.

 
2.10

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.

Page 4

 
MAISON PLAY PARIS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2022

2.Accounting policies (continued)

 
2.11

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.

 
2.12

Financial instruments

The Company only enters into basic financial instrument transactions that result in the recognition of financial assets and liabilities like trade and other debtors and creditors, loans from banks and other third parties, loans to related parties and investments in ordinary shares.

Debt instruments (other than those wholly repayable or receivable within one year), including loans and other accounts receivable and payable, are initially measured at present value of the future cash flows and subsequently at amortised cost using the effective interest method. Debt instruments that are payable or receivable within one year, typically trade debtors and creditors, are measured, initially and subsequently, at the undiscounted amount of the cash or other consideration expected to be paid or received. However, if the arrangements of a short-term instrument constitute a financing transaction, like the payment of a trade debt deferred beyond normal business terms or in case of an out-right short-term loan that is not at market rate, the financial asset or liability is measured, initially at the present value of future cash flows discounted at a market rate of interest for a similar debt instrument and subsequently at amortised cost, unless it qualifies as a loan from a director in the case of a small company, or a public benefit entity concessionary loan.


3.


Employees

The average monthly number of employees, including directors, during the year was 1 (2021 - 1).


4.


Debtors

2022
2021
£
£


Trade debtors
86,078
20,477

Other debtors
25,562
46,224

111,640
66,701


Page 5

 
MAISON PLAY PARIS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2022

5.


Creditors: Amounts falling due within one year

2022
2021
£
£

Bank loans
6,000
23,558

Trade creditors
24,263
4,435

Corporation tax
4,504
4,504

Other taxation and social security
-
391

Other creditors
97,118
34,670

Accruals and deferred income
4,900
3,900

136,785
71,458



6.


Creditors: Amounts falling due after more than one year

2022
2021
£
£

Bank loans
21,200
22,877

21,200
22,877


Page 6

 
MAISON PLAY PARIS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2022

7.


Loans


Analysis of the maturity of loans is given below:


2022
2021
£
£

Amounts falling due within one year

Bank loans
6,000
23,558


6,000
23,558

Amounts falling due 1-2 years

Bank loans
6,000
6,000


6,000
6,000

Amounts falling due 2-5 years

Bank loans
15,200
16,877


15,200
16,877


27,200
46,435



8.


Share capital

2022
2021
£
£
Allotted, called up and fully paid



10,000 (2021 - 10,000) A Ordinary shares of £0.0001 each
1
1



9.


Related party transactions

As at the balance sheet date £61,180 (2022: £25,625) was due to the director. This loan is interest free and repayable on demand.

 
Page 7