Caseware UK (AP4) 2022.0.179 2022.0.179 22022-01-01falseNo description of principal activity2truetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. 07060555 2022-01-01 2022-12-31 07060555 2021-01-01 2021-12-31 07060555 2022-12-31 07060555 2021-12-31 07060555 c:Director1 2022-01-01 2022-12-31 07060555 c:Director2 2022-01-01 2022-12-31 07060555 d:CurrentFinancialInstruments 2022-12-31 07060555 d:CurrentFinancialInstruments 2021-12-31 07060555 d:Non-currentFinancialInstruments 2022-12-31 07060555 d:Non-currentFinancialInstruments 2021-12-31 07060555 d:CurrentFinancialInstruments d:WithinOneYear 2022-12-31 07060555 d:CurrentFinancialInstruments d:WithinOneYear 2021-12-31 07060555 d:Non-currentFinancialInstruments d:AfterOneYear 2022-12-31 07060555 d:Non-currentFinancialInstruments d:AfterOneYear 2021-12-31 07060555 d:ShareCapital 2022-12-31 07060555 d:ShareCapital 2021-12-31 07060555 d:RetainedEarningsAccumulatedLosses 2022-12-31 07060555 d:RetainedEarningsAccumulatedLosses 2021-12-31 07060555 c:OrdinaryShareClass1 2022-01-01 2022-12-31 07060555 c:OrdinaryShareClass1 2022-12-31 07060555 c:OrdinaryShareClass1 2021-12-31 07060555 c:FRS102 2022-01-01 2022-12-31 07060555 c:AuditExempt-NoAccountantsReport 2022-01-01 2022-12-31 07060555 c:FullAccounts 2022-01-01 2022-12-31 07060555 c:PrivateLimitedCompanyLtd 2022-01-01 2022-12-31 07060555 d:Subsidiary1 2022-01-01 2022-12-31 07060555 d:Subsidiary1 1 2022-01-01 2022-12-31 07060555 d:Subsidiary3 2022-01-01 2022-12-31 07060555 d:Subsidiary3 1 2022-01-01 2022-12-31 07060555 6 2022-01-01 2022-12-31 xbrli:shares iso4217:GBP xbrli:pure

Registered number: 07060555










Maximaliste Limited








Unaudited

Financial statements

Information for filing with the registrar

For the Year Ended 31 December 2022

 
Maximaliste Limited
Registered number: 07060555

Statement of Financial Position
As at 31 December 2022

2022
2021
Note
£
£

Fixed assets
  

Investments
 4 
176,846
134,265

  
176,846
134,265

Current assets
  

Debtors: amounts falling due within one year
 5 
636,467
554,905

Cash at bank and in hand
  
485
339

  
636,952
555,244

Creditors: amounts falling due within one year
 6 
(549,093)
(446,782)

Net current assets
  
 
 
87,859
 
 
108,462

Total assets less current liabilities
  
264,705
242,727

Creditors: amounts falling due after more than one year
 7 
(101,681)
(96,589)

  

Net assets
  
163,024
146,138


Capital and reserves
  

Called up share capital 
 8 
200,000
200,000

Profit and loss account
  
(36,976)
(53,862)

  
163,024
146,138


Page 1

 
Maximaliste Limited
Registered number: 07060555
    
Statement of Financial Position (continued)
As at 31 December 2022

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 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: 




A Baradat
G Pisu
Director
Director


Date: 16 November 2023

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

Page 2

 
Maximaliste Limited
 
 
 
Notes to the Financial Statements
For the Year Ended 31 December 2022

1.


General information

Maximaliste Limited is a private company, limited by shares, registered in England and Wales (registered number: 07060555). The company's registered office address is 101 New Cavendish Street, 1st Floor South,  London, 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. Given that the company is in a net asset position the directors consider it appropriate to prepare the financial statements on a going concern basis.

 
2.3

Foreign currency translation

Functional and presentation currency

The Company's functional and presentational currency is GBP.

Transactions and balances

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.

 
2.4

Revenue recognition

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.

 
2.5

Valuation of investments

Investments in subsidiaries are measured at cost less accumulated impairment.

 
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 3

 
Maximaliste Limited
 
 
 
Notes to the Financial Statements
For the Year Ended 31 December 2022

2.Accounting policies (continued)

 
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 2 (2021 - 2).


4.


Fixed asset investments





Investments in subsidiary companies

£



Cost or valuation


At 1 January 2022
134,265


Additions
42,581



At 31 December 2022
176,846





Subsidiary undertakings


The following were subsidiary undertakings of the Company:

Name

Registered office

Principal activity

Class of shares

Holding

Soha Sardinia SRL
Via Umberto I, 70/C Sardinia
Jewellery, accessories & skin care product sales.
Ordinary
100%
SAS Soha Sardinia
13 Rue Du General Leclerc, 20137, Porto-Vecchio, Corsica
Skin care product sales
Ordinary
100%

The aggregate of the share capital and reserves as at 31 December 2022 and the profit or loss for the year ended on that date for the subsidiary undertakings was as follows:

Name
Profit/(Loss)
£

Soha Sardinia SRL
358,087

SAS Soha Sardinia
(209,514)

Page 4

 
Maximaliste Limited
 
 
 
Notes to the Financial Statements
For the Year Ended 31 December 2022

5.


Debtors

2022
2021
£
£


Amounts owed by group undertakings
26,087
-

VAT
2,404
3,950

Prepayments and accrued income
607,976
550,955

636,467
554,905



6.


Creditors: Amounts falling due within one year

2022
2021
£
£

Trade creditors
-
4,780

Amounts owed to group undertakings
373,374
290,539

Other creditors
123,075
125,133

Accruals and deferred income
52,644
26,330

549,093
446,782



7.


Creditors: Amounts falling due after more than one year

2022
2021
£
£

Amounts owed to group undertakings
101,681
96,589

101,681
96,589



8.


Share capital

2022
2021
£
£
Allotted, called up and fully paid



200,000 (2021 - 200,000) Ordinary shares of £1.00 each
200,000
200,000


Page 5

 
Maximaliste Limited
 
 
 
Notes to the Financial Statements
For the Year Ended 31 December 2022

9.


Related party transactions

Soha Sardinia SRL (Soha) is a subsidiary of the company.  During the year the company earned commissions from Soha amounting to £56,395 (2021 - £52,092), which amount is included within prepayments and accrued income.  The total amount of accrued fees included in prepayments and accrued income are £607,141 (2021 - £550,955).
The net amount due to the company by Soha Sardinia SRL is £373,374 (2021 - £290,539) which amount is included in creditors.
The net amount due to the company to Soha Sardinia Iberia S.L. is £26,087 (2021 - £Nil) which is included in debtors. 

 
Page 6