Caseware UK (AP4) 2022.0.179 2022.0.179 2023-04-302023-04-30truefalseThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.12022-05-01No description of principal activity1false 07212061 2022-05-01 2023-04-30 07212061 2021-05-01 2022-04-30 07212061 2023-04-30 07212061 2022-04-30 07212061 c:Director1 2022-05-01 2023-04-30 07212061 d:PlantMachinery 2022-05-01 2023-04-30 07212061 d:PlantMachinery 2023-04-30 07212061 d:PlantMachinery 2022-04-30 07212061 d:PlantMachinery d:OwnedOrFreeholdAssets 2022-05-01 2023-04-30 07212061 d:CurrentFinancialInstruments 2023-04-30 07212061 d:CurrentFinancialInstruments 2022-04-30 07212061 d:CurrentFinancialInstruments d:WithinOneYear 2023-04-30 07212061 d:CurrentFinancialInstruments d:WithinOneYear 2022-04-30 07212061 d:ShareCapital 2023-04-30 07212061 d:ShareCapital 2022-04-30 07212061 d:RetainedEarningsAccumulatedLosses 2023-04-30 07212061 d:RetainedEarningsAccumulatedLosses 2022-04-30 07212061 c:FRS102 2022-05-01 2023-04-30 07212061 c:AuditExempt-NoAccountantsReport 2022-05-01 2023-04-30 07212061 c:FullAccounts 2022-05-01 2023-04-30 07212061 c:PrivateLimitedCompanyLtd 2022-05-01 2023-04-30 iso4217:GBP xbrli:pure
Company registration number: 07212061







UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED
30 APRIL 2023


AIFOS PROPERTIES LIMITED






































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AIFOS PROPERTIES LIMITED
REGISTERED NUMBER:07212061



STATEMENT OF FINANCIAL POSITION
AS AT 30 APRIL 2023

2023
2022
Note
£
£

Fixed assets
  

Tangible assets
 3 
50
63

  
50
63

Current assets
  

Debtors: amounts falling due within one year
 4 
6
6

Bank and cash balances
  
-
12,226

  
6
12,232

Creditors: amounts falling due within one year
 5 
(2,059)
(10,929)

Net current (liabilities)/assets
  
 
 
(2,053)
 
 
1,303

Total assets less current liabilities
  
(2,003)
1,366

  

Net (liabilities)/assets
  
(2,003)
1,366


Capital and reserves
  

Called up share capital 
  
2
2

Profit and loss account
  
(2,005)
1,364

  
(2,003)
1,366


Page 1

 


AIFOS PROPERTIES LIMITED
REGISTERED NUMBER:07212061


    
STATEMENT OF FINANCIAL POSITION (CONTINUED)
AS AT 30 APRIL 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 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.

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 by: 




................................................
Stefania Bertoncini
Director

Date: 30 January 2024

The notes on pages 3 to 5 form part of these financial statements.

Page 2

 


AIFOS PROPERTIES LIMITED
 


 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2023

1.Accounting policies

 
1.1

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:

 
1.2

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 reporting date in the countries where the Company operates and generates income.

Deferred tax balances are recognised in respect of all timing differences that have originated but not reversed by the reporting date, except that:
The recognition of deferred tax assets is limited to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits; and
Any deferred tax balances are reversed if and when all conditions for retaining associated tax allowances have been met.

Deferred tax balances are not recognised in respect of permanent differences except in respect of business combinations, when deferred tax is recognised on the differences between the fair values of assets acquired and the future tax deductions available for them and the differences between the fair values of liabilities acquired and the amount that will be assessed for tax. Deferred tax is determined using tax rates and laws that have been enacted or substantively enacted by the reporting date.

 
1.3

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, on a reducing balance basis.

Depreciation is provided on the following basis:

Plant and machinery
-
20%

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.

Page 3

 


AIFOS PROPERTIES LIMITED
 


 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2023

1.Accounting policies (continued)

 
1.4

Financial instruments

Financial instruments are recognised in the Company's Statement of Financial Position when the Company becomes party to the contractual provisions of the instrument.


2.


Employees

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


3.


Tangible fixed assets





Plant and machinery

£



Cost or valuation


At 1 May 2022
924



At 30 April 2023

924



Depreciation


At 1 May 2022
861


Charge for the year on owned assets
13



At 30 April 2023

874



Net book value



At 30 April 2023
50



At 30 April 2022
63


4.


Debtors

2023
2022
£
£


Tax recoverable
6
6

6
6


Page 4

 


AIFOS PROPERTIES LIMITED
 


 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2023

5.


Creditors: Amounts falling due within one year

2023
2022
£
£

Other creditors
1,059
9,429

Accruals and deferred income
1,000
1,500

2,059
10,929


 
Page 5