Caseware UK (AP4) 2023.0.135 2023.0.135 2023-08-312023-08-312022-09-01falseNo description of principal activity11falsetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. 07355023 2022-09-01 2023-08-31 07355023 2021-09-01 2022-08-31 07355023 2023-08-31 07355023 2022-08-31 07355023 c:Director1 2022-09-01 2023-08-31 07355023 d:OfficeEquipment 2022-09-01 2023-08-31 07355023 d:OfficeEquipment 2023-08-31 07355023 d:OfficeEquipment 2022-08-31 07355023 d:OfficeEquipment d:OwnedOrFreeholdAssets 2022-09-01 2023-08-31 07355023 d:ComputerEquipment 2022-09-01 2023-08-31 07355023 d:ComputerEquipment 2023-08-31 07355023 d:ComputerEquipment 2022-08-31 07355023 d:ComputerEquipment d:OwnedOrFreeholdAssets 2022-09-01 2023-08-31 07355023 d:OwnedOrFreeholdAssets 2022-09-01 2023-08-31 07355023 d:CurrentFinancialInstruments 2023-08-31 07355023 d:CurrentFinancialInstruments 2022-08-31 07355023 d:CurrentFinancialInstruments d:WithinOneYear 2023-08-31 07355023 d:CurrentFinancialInstruments d:WithinOneYear 2022-08-31 07355023 d:ShareCapital 2023-08-31 07355023 d:ShareCapital 2022-08-31 07355023 d:SharePremium 2023-08-31 07355023 d:SharePremium 2022-08-31 07355023 d:RetainedEarningsAccumulatedLosses 2023-08-31 07355023 d:RetainedEarningsAccumulatedLosses 2022-08-31 07355023 c:FRS102 2022-09-01 2023-08-31 07355023 c:AuditExempt-NoAccountantsReport 2022-09-01 2023-08-31 07355023 c:FullAccounts 2022-09-01 2023-08-31 07355023 c:PrivateLimitedCompanyLtd 2022-09-01 2023-08-31 iso4217:GBP xbrli:pure
Registered number: 07355023









ATIGB LTD
UNAUDITED
FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2023














 
ATIGB LTD
REGISTERED NUMBER:07355023

BALANCE SHEET
AS AT 31 AUGUST 2023

2023
2022
Note
£
£

Fixed assets
  

Tangible assets
 4 
371
456

  
371
456

Current assets
  

Debtors: amounts falling due within one year
 5 
466
4,609

Cash at bank and in hand
  
20,765
25,839

  
21,231
30,448

Creditors: amounts falling due within one year
 6 
(2,902)
(6,207)

Net current assets
  
 
 
18,329
 
 
24,241

Total assets less current liabilities
  
18,700
24,697

  

Net assets
  
18,700
24,697


Capital and reserves
  

Called up share capital 
  
2,887
2,887

Share premium account
  
4,105
4,105

Profit and loss account
  
11,708
17,705

  
18,700
24,697


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 5 February 2024.


Page 1

 
ATIGB LTD
REGISTERED NUMBER:07355023
    
BALANCE SHEET (CONTINUED)
AS AT 31 AUGUST 2023



Andrew Favell
Director

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

Page 2

 
ATIGB LTD
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2023

1.


General information

ATIGB Limited is a private company, limitede by shares, domiciled in England. The registered office is Courtenay House, Pynes Hill, Exeter, EX2 5AZ.

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 director has considered the financial position of the company and notes that the company is in a net liability postion. The company has the full support of the director.

 
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:

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.

 
2.4

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.

Page 3

 
ATIGB LTD
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2023

2.Accounting policies (continued)

 
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:

Office equipment
-
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

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.

 
2.7

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.

 
2.8

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.

Financial assets that are measured at cost and amortised cost are assessed at the end of each reporting period for objective evidence of impairment. If objective evidence of impairment is found, an impairment loss is recognised in the Statement of income and retained earnings.

For financial assets measured at cost less impairment, the impairment loss is measured as the difference between an asset's carrying amount and best estimate of the recoverable amount, which is an approximation of the amount that the Company would receive for the asset if it were to be sold at the balance sheet date.

Financial assets and liabilities are offset and the net amount reported in the Balance sheet when there is an enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

Page 4

 
ATIGB LTD
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2023

2.Accounting policies (continued)

 
2.9

Dividends

Equity dividends are recognised when they become legally payable. Interim equity dividends are recognised when paid. Final equity dividends are recognised when approved by the shareholders at an annual general meeting.


3.


Employees

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


4.


Tangible fixed assets





Office equipment
Computer equipment
Total

£
£
£



Cost or valuation


At 1 September 2022
6,900
1,495
8,395


Additions
225
286
511


Disposals
(6,900)
-
(6,900)



At 31 August 2023

225
1,781
2,006



Depreciation


At 1 September 2022
6,900
1,039
7,939


Charge for the year on owned assets
45
551
596


Disposals
(6,900)
-
(6,900)



At 31 August 2023

45
1,590
1,635



Net book value



At 31 August 2023
180
191
371



At 31 August 2022
-
456
456

Page 5

 
ATIGB LTD
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2023

5.


Debtors

2023
2022
£
£


Trade debtors
-
3,846

Other debtors
72
374

Prepayments and accrued income
394
389

466
4,609



6.


Creditors: Amounts falling due within one year

2023
2022
£
£

Other taxation and social security
-
1,274

Other creditors
1,642
1,567

Accruals and deferred income
1,260
3,366

2,902
6,207


 
Page 6