Caseware UK (AP4) 2022.0.179 2022.0.179 2023-04-302023-04-302022-05-01falseNo description of principal activity11falsetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. 11935621 2022-05-01 2023-04-30 11935621 2021-05-01 2022-04-30 11935621 2023-04-30 11935621 2022-04-30 11935621 c:Director1 2022-05-01 2023-04-30 11935621 d:FurnitureFittings 2022-05-01 2023-04-30 11935621 d:FurnitureFittings 2023-04-30 11935621 d:FurnitureFittings 2022-04-30 11935621 d:FurnitureFittings d:OwnedOrFreeholdAssets 2022-05-01 2023-04-30 11935621 d:ComputerEquipment 2022-05-01 2023-04-30 11935621 d:ComputerEquipment 2023-04-30 11935621 d:ComputerEquipment 2022-04-30 11935621 d:ComputerEquipment d:OwnedOrFreeholdAssets 2022-05-01 2023-04-30 11935621 d:OwnedOrFreeholdAssets 2022-05-01 2023-04-30 11935621 d:CurrentFinancialInstruments 2023-04-30 11935621 d:CurrentFinancialInstruments 2022-04-30 11935621 d:CurrentFinancialInstruments d:WithinOneYear 2023-04-30 11935621 d:CurrentFinancialInstruments d:WithinOneYear 2022-04-30 11935621 d:ShareCapital 2023-04-30 11935621 d:ShareCapital 2022-04-30 11935621 d:RetainedEarningsAccumulatedLosses 2023-04-30 11935621 d:RetainedEarningsAccumulatedLosses 2022-04-30 11935621 c:OrdinaryShareClass1 2022-05-01 2023-04-30 11935621 c:OrdinaryShareClass1 2023-04-30 11935621 c:FRS102 2022-05-01 2023-04-30 11935621 c:AuditExempt-NoAccountantsReport 2022-05-01 2023-04-30 11935621 c:FullAccounts 2022-05-01 2023-04-30 11935621 c:PrivateLimitedCompanyLtd 2022-05-01 2023-04-30 11935621 2 2022-05-01 2023-04-30 iso4217:GBP xbrli:shares xbrli:pure
Registered number: 11935621














AIRLOUNGE CONSULTING LIMITED
UNAUDITED
FINANCIAL STATEMENTS
FOR THE YEAR ENDED  30 APRIL 2023

 
AIRLOUNGE CONSULTING LIMITED
 

CONTENTS



Page
Statement of Financial Position
 
1 - 2
Notes to the Financial Statements
 
3 - 6

 
AIRLOUNGE CONSULTING LIMITED
REGISTERED NUMBER:11935621

STATEMENT OF FINANCIAL POSITION
AS AT 30 APRIL 2023

2023
2022
Note
£
£

Fixed assets
  

Tangible assets
 4 
2,311
2,366

Current assets
  

Debtors
 5 
1,298
418

Cash at bank and in hand
  
84,898
122,797

  
86,196
123,215

Current liabilities
  

Creditors: amounts falling due within one year
 6 
(65,981)
(90,659)

Net current assets
  
 
 
20,215
 
 
32,556

  

Net assets
  
22,526
34,922


Capital and reserves
  

Called up share capital 
 7 
100
100

Profit and loss account
  
22,426
34,822

  
22,526
34,922


The director considers that the Airlounge Consulting Limited is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Airlounge Consulting Limited to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The director acknowledges her 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.

Page 1

 
AIRLOUNGE CONSULTING LIMITED
REGISTERED NUMBER:11935621
    
STATEMENT OF FINANCIAL POSITION (CONTINUED)
AS AT 30 APRIL 2023

The Airlounge Consulting Limited 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 27 October 2023.




J Leal Gomes Dos Santos
Director

The notes on pages 3 to 6 form part of these financial statements.
Page 2

 
AIRLOUNGE CONSULTING LIMITED
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2023

1.


General information

Airlounge Consulting Limited is a private limited liability company registered in England and Wales. Its registered office address is at 2nd Floor, Connaught House, 1-3 Mount Street, London W1K 3NB.
The principal activity of the company during the period was that of an agency facilitating the sale or rental of boats and aircraft.

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

Turnover

Turnover is recognised to the extent that it is probable that the economic benefits will flow to the company and the turnover can be reliably measured. Turnover is measured as the fair value of the consideration received or receivable, excluding value added tax.
Consultancy income is recognised when the services are provided. Commission is recognised when receivable, on successful sale of the product to which the commission relates. Revenue for after sale services is recognised over the period in which the service is performed.

 
2.3

Foreign currency translation

The company's functional and presentational currency is £ sterling.
Foreign currency transactions are translated into the functional currency using the spot exchange rates at the dates of the transactions.
At each period end foreign currency monetary items are translated using the closing rate. Non-monetary items measured at historical cost are translated using the exchange rate at the date of the transaction and non-monetary items measured at fair value are measured using the exchange rate when fair value was determined.
Foreign exchange gains and losses resulting from the settlement of transactions and from the translation at period-end exchange rates of monetary assets and liabilities denominated in foreign currencies are recognised in the Statement of Comprehensive Income

 
2.4

Interest income

Interest income is recognised in profit or loss using the effective interest method.

Page 3

 
AIRLOUNGE CONSULTING LIMITED
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2023

2.Accounting policies (continued)

 
2.5

Taxation

Tax is recognised in the Statement of Comprehensive Income, 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.

 
2.6

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.

At each reporting date the company assesses whether there is any indication of impairment. If such indication exists, the recoverable amount of the asset is determined which is the higher of its fair value less costs to sell and its value in use. An impairment loss is recognised where the carrying amount exceeds the recoverable amount.

Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, on the following basis:.

Fixtures and fittings
-
25%
straight line
Computer equipment
-
25%
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 the Statement of Comprehensive Income.

 
2.7

Basic financial instruments

The company only enters into transactions that result in basic financial instruments such as trade and other debtors, trade and other creditors, cash at bank and in hand and loans with related parties.
Trade debtors, other debtors and loans to related parties are recognised initially at the transaction price less attributable transaction costs. Trade creditors, other creditors and loans from related parties are recognised initially at the transaction price plus attributable transaction costs. Subsequently they are measured at amortised cost using the effective interest method, less any impairment losses in the case of trade debtors, other debtors and loans to related parties.
Cash and cash equivalents comprise cash balances and call deposits.

 
2.8

Dividends

Equity dividends are recognised when they become legally payable.

Page 4

 
AIRLOUNGE CONSULTING LIMITED
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2023

3.


Employees

The average monthly number of employees, including directors, during the year was 1 (2022 - 1).


4.


Tangible fixed assets





Fixtures and fittings
Computer equipment
Total

£
£
£



Cost


At 1 May 2022
1,258
7,048
8,306


Additions
-
2,366
2,366



At 30 April 2023

1,258
9,414
10,672



Depreciation


At 1 May 2022
654
5,286
5,940


Charge for the year on owned assets
314
2,107
2,421



At 30 April 2023

968
7,393
8,361



Net book value



At 30 April 2023
290
2,021
2,311



At 30 April 2022
604
1,762
2,366


5.


Debtors

2023
2022
£
£



Other debtors
1,298
418


Page 5

 
AIRLOUNGE CONSULTING LIMITED
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2023

6.


Creditors: Amounts falling due within one year

2023
2022
£
£

Trade creditors
8,835
8,785

Taxation and social security
-
878

Other creditors
53,795
77,747

Accruals
3,351
3,249

65,981
90,659



7.


Share capital

2023
2022
£
£
Allotted, called up and fully paid



100 ordinary shares of £1 each
100
100


 
Page 6