Caseware UK (AP4) 2023.0.135 2023.0.135 2022-04-01falseNo description of principal activity76truetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.false 03048222 2022-04-01 2023-03-30 03048222 2021-04-01 2022-03-31 03048222 2023-03-30 03048222 2022-03-31 03048222 2021-04-01 03048222 c:Director1 2022-04-01 2023-03-30 03048222 d:FurnitureFittings 2022-04-01 2023-03-30 03048222 d:FurnitureFittings 2023-03-30 03048222 d:FurnitureFittings 2022-03-31 03048222 d:FurnitureFittings d:OwnedOrFreeholdAssets 2022-04-01 2023-03-30 03048222 d:ComputerEquipment 2022-04-01 2023-03-30 03048222 d:ComputerEquipment 2023-03-30 03048222 d:ComputerEquipment 2022-03-31 03048222 d:ComputerEquipment d:OwnedOrFreeholdAssets 2022-04-01 2023-03-30 03048222 d:OtherPropertyPlantEquipment 2022-04-01 2023-03-30 03048222 d:OtherPropertyPlantEquipment 2023-03-30 03048222 d:OtherPropertyPlantEquipment 2022-03-31 03048222 d:OtherPropertyPlantEquipment d:OwnedOrFreeholdAssets 2022-04-01 2023-03-30 03048222 d:OwnedOrFreeholdAssets 2022-04-01 2023-03-30 03048222 d:Goodwill 2022-04-01 2023-03-30 03048222 d:Goodwill 2023-03-30 03048222 d:Goodwill 2022-03-31 03048222 d:CurrentFinancialInstruments 2023-03-30 03048222 d:CurrentFinancialInstruments 2022-03-31 03048222 d:CurrentFinancialInstruments d:WithinOneYear 2023-03-30 03048222 d:CurrentFinancialInstruments d:WithinOneYear 2022-03-31 03048222 d:ShareCapital 2022-04-01 2023-03-30 03048222 d:ShareCapital 2023-03-30 03048222 d:ShareCapital 2022-03-31 03048222 d:ShareCapital 2021-04-01 03048222 d:RetainedEarningsAccumulatedLosses 2022-04-01 2023-03-30 03048222 d:RetainedEarningsAccumulatedLosses 2023-03-30 03048222 d:RetainedEarningsAccumulatedLosses 2021-04-01 2022-03-31 03048222 d:RetainedEarningsAccumulatedLosses 2022-03-31 03048222 d:RetainedEarningsAccumulatedLosses 2021-04-01 03048222 c:FRS102 2022-04-01 2023-03-30 03048222 c:AuditExemptWithAccountantsReport 2022-04-01 2023-03-30 03048222 c:FullAccounts 2022-04-01 2023-03-30 03048222 c:PrivateLimitedCompanyLtd 2022-04-01 2023-03-30 03048222 d:Goodwill d:OwnedIntangibleAssets 2022-04-01 2023-03-30 03048222 e:PoundSterling 2022-04-01 2023-03-30 iso4217:GBP xbrli:pure

Registered number: 03048222










Anouska Hempel Limited








Unaudited

Financial statements

Information for filing with the registrar

For the period ended 30 March 2023

 
Anouska Hempel Limited
 

Contents



Page
Accountants' report
 
1
Balance sheet
 
2 - 3
Statement of changes in equity
 
3
Notes to the financial statements
 
4 - 8

 
Anouska Hempel Limited
 
  
Chartered accountants' report to the director on the preparation of the unaudited statutory financial statements of Anouska Hempel Limited for the period ended 30 March 2023

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Anouska Hempel Limited for the period ended 30 March 2023 which comprise  the Balance sheet, the Statement of changes in equity and the related notes from the Company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW)we are subject to its ethical and other professional requirements which are detailed at https://www.icaew.com /regulation.

This report is made solely to the director of Anouska Hempel Limited in accordance with the terms of our engagement letter dated 16 November 2022Our work has been undertaken solely to prepare for your approval the financial statements of Anouska Hempel Limited and state those matters that we have agreed to state to the director of Anouska Hempel Limited in this report in accordance with ICAEW Technical Release TECH07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Anouska Hempel Limited and its director for our work or for this report. 

It is your duty to ensure that Anouska Hempel Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and loss of Anouska Hempel Limited. You consider that Anouska Hempel Limited is exempt from the statutory audit requirement for the period.

We have not been instructed to carry out an audit or review of the financial statements of Anouska Hempel Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.

  



Kreston Reeves LLP
Chartered Accountants
2nd Floor
168 Shoreditch High Street
London
E1 6RA
13 March 2024
Page 1

 
Anouska Hempel Limited
Registered number: 03048222

Balance sheet
As at 30 March 2023

30 March
31 March
2023
2022
Note
£
£

Fixed assets
  

Intangible assets
 4 
12,000
13,500

Tangible assets
 5 
1,248
2,499

  
13,248
15,999

Current assets
  

Stocks
  
250,948
-

Debtors: amounts falling due within one year
 6 
327,329
102,378

Cash at bank and in hand
  
129,489
421,307

  
707,766
523,685

Creditors: amounts falling due within one year
 7 
(1,095,681)
(884,266)

Net current liabilities
  
 
 
(387,915)
 
 
(360,581)

Total assets less current liabilities
  
(374,667)
(344,582)

  

Net liabilities
  
(374,667)
(344,582)


Capital and reserves
  

Called up share capital 
  
25,000
25,000

Profit and loss account
  
(399,667)
(369,582)

  
(374,667)
(344,582)


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 period 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 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: 




Lady A Weinberg
Director
Date: 12 March 2024

The notes on pages 4 to 8 form part of these financial statements.
Page 2

 
Anouska Hempel Limited
Registered number: 03048222

Balance sheet (continued)
As at 30 March 2023



Statement of changes in equity
For the period ended 30 March 2023


Called up share capital
Profit and loss account
Total equity

£
£
£


At 1 April 2021
25,000
-
25,000


Comprehensive income for the year

Loss for the year
-
(369,582)
(369,582)



At 1 April 2022
25,000
(369,582)
(344,582)



Loss for the period
-
(30,085)
(30,085)
Total comprehensive income for the period
-
(30,085)
(30,085)


At 30 March 2023
25,000
(399,667)
(374,667)


The notes on pages 4 to 8 form part of these financial statements.
Page 3

 
Anouska Hempel Limited
 

 
Notes to the financial statements
For the period ended 30 March 2023

1.


General information

Anouska Hempel Limited ("the company") is a private company limited by shares and was incorporated in England with registeration number 03048222. The address of the registered office and trading address is 27 Adam & Eve Mews, London, W8 6UG.
The principal activity of the company is that of architectural activities and specialised design activities.
The accounts are presented in GBP rounded to the nearest whole pound.

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 FRS 102 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland' and the requirements of the Companies Act 2006. The disclosure requirements of Section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The following principal accounting policies have been applied:

 
2.2

Going concern

The director has a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future.  Therefore the company continues to adopt the going concern basis in preparing the annual financial statements.

 
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:

Sale of goods

Revenue from the sale of goods is recognised when all of the following conditions are satisfied:
the Company has transferred the significant risks and rewards of ownership to the buyer;
the Company retains neither continuing managerial involvement to the degree usually associated with ownership nor effective control over the goods sold;
the amount of revenue can be measured reliably;
it is probable that the Company will receive the consideration due under the transaction; and
the costs incurred or to be incurred in respect of the transaction can be measured reliably.

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.

Page 4

 
Anouska Hempel Limited
 

 
Notes to the financial statements
For the period ended 30 March 2023

2.Accounting policies (continued)

 
2.4

Intangible assets

Goodwill

Goodwill represents the difference between amounts paid on the cost of a business combination and the acquirer’s interest in the fair value of its identifiable assets and liabilities of the acquiree at the date of acquisition. Subsequent to initial recognition, goodwill is measured at cost less accumulated amortisation and accumulated impairment losses. Goodwill is amortised on a straight-line basis to the Statement of comprehensive income over its useful economic life.

Other intangible assets

Intangible assets are initially recognised at cost. After recognition, under the cost model, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

All intangible assets are considered to have a finite useful life. If a reliable estimate of the useful life cannot be made, the useful life shall not exceed ten years.

 
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:

Fixtures and fittings
-
33%
Straight-line
Computer equipment
-
33%
Straight-line
Other fixed assets
-
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

Stocks

Stocks are stated at the lower of cost and net realisable value, being the estimated selling price less costs to complete and sell. Cost is based on the cost of purchase on a first in, first out basis. Work in progress and finished goods include labour and attributable overheads.

At each balance sheet date, stocks are assessed for impairment. If stock is impaired, the carrying amount is reduced to its selling price less costs to complete and sell. The impairment loss is recognised immediately in profit or loss.

 
2.7

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 5

 
Anouska Hempel Limited
 

 
Notes to the financial statements
For the period ended 30 March 2023

2.Accounting policies (continued)

 
2.8

Cash and cash equivalents

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.

 
2.9

Financial instruments

The Company has elected to apply the provisions of Section 11 “Basic Financial Instruments” of FRS 102 to all of its financial instruments.

 
2.10

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.

 
2.11

Pensions

Defined contribution pension plan

The Company operates a defined contribution plan for its employees. A defined contribution plan is a pension plan under which the Company pays fixed contributions into a separate entity. Once the contributions have been paid the Company has no further payment obligations.

The contributions are recognised as an expense in profit or loss when they fall due. Amounts not paid are shown in accruals as a liability in the Balance sheet. The assets of the plan are held separately from the Company in independently administered funds.

 
2.12

Borrowing costs

All borrowing costs are recognised in profit or loss in the period in which they are incurred.


3.


Employees

2023
2022
£
£

Wages and salaries
292,345
309,130

Social security costs
27,250
19,072

Cost of defined contribution scheme
4,150
3,265

323,745
331,467


The average monthly number of employees, including directors, during the period was 7 (2022 - 6).

Page 6

 
Anouska Hempel Limited
 

 
Notes to the financial statements
For the period ended 30 March 2023

4.


Intangible assets






Goodwill

£



Cost


At 1 April 2022
15,000



At 30 March 2023

15,000



Amortisation


At 1 April 2022
1,500


Charge for the period on owned assets
1,500



At 30 March 2023

3,000



Net book value



At 30 March 2023
12,000



At 31 March 2022
13,500




5.


Tangible fixed assets







Fixtures and fittings
Computer equipment
Other fixed assets
Total

£
£
£
£



Cost or valuation


At 1 April 2022
1,250
1,250
1,250
3,750



At 30 March 2023

1,250
1,250
1,250
3,750



Depreciation


At 1 April 2022
417
417
417
1,251


Charge for the period on owned assets
417
417
417
1,251



At 30 March 2023

834
834
834
2,502



Net book value



At 30 March 2023
416
416
416
1,248



At 31 March 2022
833
833
833
2,499
Page 7

 
Anouska Hempel Limited
 

 
Notes to the financial statements
For the period ended 30 March 2023

6.


Debtors

30 March
31 March
2023
2022
£
£


Trade debtors
279,389
71,066

Other debtors
47,940
29,602

Prepayments and accrued income
-
1,710

327,329
102,378



7.


Creditors: Amounts falling due within one year

30 March
31 March
2023
2022
£
£

Bank loans
100,000
100,000

Trade creditors
284,124
249,447

Other taxation and social security
56,009
26,535

Other creditors
497,188
486,006

Accruals and deferred income
158,360
22,278

1,095,681
884,266



8.


Contingent liabilities

There are currently potential disputes with clients but no formal claims have been received. AH considered these potential claims spurious therefore no provision for these claims was made in the accounts. 


9.


Pension commitments

The Company operates a defined contributions pension scheme. The assets of the scheme are held separately from those of the Company  in an independently administered fund. The pension cost charge represents contributions payable by the Company  to the fund and amounted to £4,150 (2022: £3,265) . Contributions totalling £669 (2022: £1,535) were payable to the fund at the balance sheet date and are included in creditors.


10.


Related party transactions

As at the year end, the company owed the director, Lady A Weinberg £221,204 (2022: £245,848).


Page 8