Caseware UK (AP4) 2022.0.179 2022.0.179 2023-01-312023-01-31false2022-02-01falseNo description of principal activity22trueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. 13328204 2022-02-01 2023-01-31 13328204 2021-04-12 2022-01-31 13328204 2023-01-31 13328204 2022-01-31 13328204 c:Director1 2022-02-01 2023-01-31 13328204 d:Buildings d:LongLeaseholdAssets 2022-02-01 2023-01-31 13328204 d:Buildings d:LongLeaseholdAssets 2023-01-31 13328204 d:Buildings d:LongLeaseholdAssets 2022-01-31 13328204 d:FurnitureFittings 2022-02-01 2023-01-31 13328204 d:FurnitureFittings 2023-01-31 13328204 d:FurnitureFittings 2022-01-31 13328204 d:FurnitureFittings d:OwnedOrFreeholdAssets 2022-02-01 2023-01-31 13328204 d:ComputerEquipment 2022-02-01 2023-01-31 13328204 d:ComputerEquipment 2023-01-31 13328204 d:ComputerEquipment 2022-01-31 13328204 d:ComputerEquipment d:OwnedOrFreeholdAssets 2022-02-01 2023-01-31 13328204 d:OwnedOrFreeholdAssets 2022-02-01 2023-01-31 13328204 d:CurrentFinancialInstruments 2023-01-31 13328204 d:CurrentFinancialInstruments 2022-01-31 13328204 d:CurrentFinancialInstruments d:WithinOneYear 2023-01-31 13328204 d:CurrentFinancialInstruments d:WithinOneYear 2022-01-31 13328204 d:ShareCapital 2023-01-31 13328204 d:ShareCapital 2022-01-31 13328204 d:RetainedEarningsAccumulatedLosses 2023-01-31 13328204 d:RetainedEarningsAccumulatedLosses 2022-01-31 13328204 c:OrdinaryShareClass1 2022-02-01 2023-01-31 13328204 c:OrdinaryShareClass1 2023-01-31 13328204 c:OrdinaryShareClass1 2022-01-31 13328204 c:FRS102 2022-02-01 2023-01-31 13328204 c:AuditExempt-NoAccountantsReport 2022-02-01 2023-01-31 13328204 c:FullAccounts 2022-02-01 2023-01-31 13328204 c:PrivateLimitedCompanyLtd 2022-02-01 2023-01-31 xbrli:shares iso4217:GBP xbrli:pure

Registered number: 13328204









ZIA LUCIA CANARY WHARF LTD (PREVIOUSLY CALLED ZIA LUCIA SOUTH QUAYS LTD)







UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 31 JANUARY 2023

 
ZIA LUCIA CANARY WHARF LTD
REGISTERED NUMBER: 13328204

STATEMENT OF FINANCIAL POSITION
AS AT 31 JANUARY 2023

2023
2022
Note
£
£

Fixed assets
  

Tangible assets
 4 
272,965
496

  
272,965
496

Current assets
  

Stocks
  
5,000
-

Debtors: amounts falling due within one year
 5 
25,107
47,701

Cash at bank and in hand
  
95,154
10,001

  
125,261
57,702

Creditors: amounts falling due within one year
 6 
(283,508)
(60,769)

Net current liabilities
  
 
 
(158,247)
 
 
(3,067)

Total assets less current liabilities
  
114,718
(2,571)

  

Net assets/(liabilities)
  
114,718
(2,571)


Capital and reserves
  

Called up share capital 
 7 
100
100

Profit and loss account
  
114,618
(2,671)

  
114,718
(2,571)


Page 1

 
ZIA LUCIA CANARY WHARF LTD
REGISTERED NUMBER: 13328204
    
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 on 25 October 2023.




G D'Angelo
Director

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

Page 2

 
ZIA LUCIA CANARY WHARF LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2023

1.


General information

Zia Lucia Canary Wharf Ltd is a private company limited by shares and incorporated in England & Wales (registered number 13328204 ). The registered office is 101 New Cavendish Street, 1st Floor South, London, United Kingdom, W1W 6XH.
The financial statements are presented in Pounds Sterling, which is the functional currency of the company.

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.

Page 3

 
ZIA LUCIA CANARY WHARF LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2023

2.Accounting policies (continued)

 
2.4

Pensions

Defined contribution pension plan

The Company operates a defined contribution plan for its employees. A defined contribution plan is a pension plan under which the Company pays fixed contributions into a separate entity. Once the contributions have been paid the Company has no further payment obligations.

The contributions are recognised as an expense in profit or loss when they fall due. Amounts not paid are shown in accruals as a liability in the Statement of Financial Position. The assets of the plan are held separately from the Company in independently administered funds.

 
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
-
10%
Straight line
Fixtures and fittings
-
20%
Straight line
Computer equipment
-
33%
Straight line

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

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 reporting 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.

 
2.7

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

 
ZIA LUCIA CANARY WHARF LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2023

2.Accounting policies (continued)

 
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.


3.


Employees

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

Page 5

 
ZIA LUCIA CANARY WHARF LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2023

4.


Tangible fixed assets





Long-term leasehold property
Fixtures and fittings
Computer equipment
Total

£
£
£
£



Cost or valuation


At 1 February 2022
500
-
-
500


Additions
257,883
27,052
3,472
288,407



At 31 January 2023

258,383
27,052
3,472
288,907



Depreciation


At 1 February 2022
4
-
-
4


Charge for the year on owned assets
12,079
3,266
593
15,938



At 31 January 2023

12,083
3,266
593
15,942



Net book value



At 31 January 2023
246,300
23,786
2,879
272,965



At 31 January 2022
496
-
-
496


5.


Debtors

2023
2022
£
£


Trade debtors
4,175
-

Amounts owed by group undertakings
17,251
32,468

Other debtors
1,457
15,233

Prepayments and accrued income
2,224
-

25,107
47,701


Page 6

 
ZIA LUCIA CANARY WHARF LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2023

6.


Creditors: Amounts falling due within one year

2023
2022
£
£

Trade creditors
13,486
5,499

Amounts owed to group undertakings
168,930
42,327

Other taxation and social security
26,659
-

Other creditors
19,026
-

Accruals and deferred income
55,407
12,943

283,508
60,769



7.


Share capital

2023
2022
£
£
Allotted, called up and fully paid



100 (2022 - 100) Ordinary shares of £1.00 each
100
100


 
Page 7