Caseware UK (AP4) 2022.0.179 2022.0.179 true2022-04-01falseNo description of principal activity11falseThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. 04969354 2021-04-01 2022-03-31 04969354 2022-03-31 04969354 c:Director1 2022-04-01 2023-03-31 04969354 d:FurnitureFittings 2022-04-01 2023-03-31 04969354 d:OtherPropertyPlantEquipment 2023-03-31 04969354 d:OtherPropertyPlantEquipment 2022-03-31 04969354 d:OtherPropertyPlantEquipment d:OwnedOrFreeholdAssets 2022-04-01 2023-03-31 04969354 d:FreeholdInvestmentProperty 2023-03-31 04969354 d:FreeholdInvestmentProperty 2022-03-31 04969354 d:CurrentFinancialInstruments 2023-03-31 04969354 d:CurrentFinancialInstruments 2022-03-31 04969354 d:CurrentFinancialInstruments d:WithinOneYear 2023-03-31 04969354 d:CurrentFinancialInstruments d:WithinOneYear 2022-03-31 04969354 d:ShareCapital 2023-03-31 04969354 d:ShareCapital 2022-03-31 04969354 d:RetainedEarningsAccumulatedLosses 2023-03-31 04969354 d:RetainedEarningsAccumulatedLosses 2022-03-31 04969354 c:FRS102 2022-04-01 2023-03-31 04969354 c:AuditExempt-NoAccountantsReport 2022-04-01 2023-03-31 04969354 c:FullAccounts 2022-04-01 2023-03-31 04969354 c:PrivateLimitedCompanyLtd 2022-04-01 2023-03-31 04969354 2022-04-01 2023-03-31 04969354 2023-03-31 04969354 6 2022-04-01 2023-03-31 iso4217:GBP xbrli:pure
Registered number: 04969354













Ekwienox Limited

Financial statements
Information for filing with the registrar

31 March 2023




 
Ekwienox Limited


Balance sheet
as at 31 March 2023

2023
2022
Note
£
£

Fixed assets
  

Tangible assets
 4 
1,373
1,749

Investments
  
2
2

Investment property
  
148,221
148,221

  
149,596
149,972

Current assets
  

Debtors: amounts falling due within one year
 6 
4,008,237
4,007,248

Bank and cash balances
  
202,242
197,847

  
4,210,479
4,205,095

Creditors: amounts falling due within one year
 7 
(3,179,868)
(3,179,559)

Net current assets
  
 
 
1,030,611
 
 
1,025,536

Total assets less current liabilities
  
1,180,207
1,175,508

  

Net assets
  
1,180,207
1,175,508


Capital and reserves
  

Called up share capital 
  
130,938
130,938

Profit and loss account
  
1,049,269
1,044,570

  
1,180,207
1,175,508


Page 1

 
Ekwienox Limited

    
Balance sheet (continued)
as at 31 March 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 13 March 2024.




Stephen Lant
Director

Registered number: 04969354
The notes on pages 3 to 5 form part of these financial statements. 

Page 2

 
Ekwienox Limited
 
 

Notes to the financial statements
for the year ended 31 March 2023

1.


General information

The company is a private company limited by shares, incorporated and domiciled in the United Kingdom.
The registered office is Citygate, St James' Boulevard, Newcastle Upon Tyne, NE1 4JE.

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

Revenue

Turnover represents rent receivable in the period. 

 
2.3

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, using the straight-line method.

Depreciation is provided on the following basis:

Fixtures and fittings
-
25%

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.

 
2.4

Investment property

Investment property is carried at fair value determined annually by external valuers and derived from the current market rents and investment property yields for comparable real estate, adjusted if necessary for any difference in the nature, location or condition of the specific asset. No depreciation is provided. Changes in fair value are recognised in profit or loss.

 
2.5

Valuation of investments

Investments in subsidiaries are measured at cost less accumulated impairment.

Page 3

 
Ekwienox Limited
 

 
Notes to the financial statements
for the year ended 31 March 2023

2.Accounting policies (continued)

 
2.6

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.


3.


Employees

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


4.


Tangible fixed assets





Other fixed assets

£



Cost or valuation


At 1 April 2022
2,392



At 31 March 2023

2,392



Depreciation


At 1 April 2022
643


Charge for the year on owned assets
376



At 31 March 2023

1,019



Net book value



At 31 March 2023
1,373



At 31 March 2022
1,749

Page 4

 
Ekwienox Limited
 
 

Notes to the financial statements
for the year ended 31 March 2023

5.


Investment property


Leasehold investment property

£



Valuation


At 1 April 2022
148,221



At 31 March 2023
148,221

The 2023 valuations were made by directors, on an open market value for existing use basis.







6.


Debtors

2023
2022
£
£


Amounts owed by group undertakings
4,007,197
4,007,197

Prepayments and accrued income
1,040
51

4,008,237
4,007,248



7.


Creditors: Amounts falling due within one year

2023
2022
£
£

Amounts owed to group undertakings
3,152,949
3,152,949

Other creditors
15,819
16,710

Accruals and deferred income
11,100
9,900

3,179,868
3,179,559


Page 5