Caseware UK (AP4) 2022.0.179 2022.0.179 2023-03-312023-03-31true2022-04-01falseNo description of principal activity22trueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. 08801921 2022-04-01 2023-03-31 08801921 2023-03-31 08801921 2021-04-01 2022-03-31 08801921 2022-03-31 08801921 c:Director1 2022-04-01 2023-03-31 08801921 c:Director2 2022-04-01 2023-03-31 08801921 c:RegisteredOffice 2022-04-01 2023-03-31 08801921 c:Agent1 2022-04-01 2023-03-31 08801921 d:ComputerEquipment 2022-04-01 2023-03-31 08801921 d:ComputerEquipment 2023-03-31 08801921 d:ComputerEquipment 2022-03-31 08801921 d:ComputerEquipment d:OwnedOrFreeholdAssets 2022-04-01 2023-03-31 08801921 d:FreeholdInvestmentProperty 2023-03-31 08801921 d:FreeholdInvestmentProperty 2022-03-31 08801921 d:CurrentFinancialInstruments 2023-03-31 08801921 d:CurrentFinancialInstruments 2022-03-31 08801921 d:CurrentFinancialInstruments d:WithinOneYear 2023-03-31 08801921 d:CurrentFinancialInstruments d:WithinOneYear 2022-03-31 08801921 d:ShareCapital 2023-03-31 08801921 d:ShareCapital 2022-03-31 08801921 d:RetainedEarningsAccumulatedLosses 2023-03-31 08801921 d:RetainedEarningsAccumulatedLosses 2022-03-31 08801921 c:FRS102 2022-04-01 2023-03-31 08801921 c:AuditExempt-NoAccountantsReport 2022-04-01 2023-03-31 08801921 c:FullAccounts 2022-04-01 2023-03-31 08801921 c:PrivateLimitedCompanyLtd 2022-04-01 2023-03-31 iso4217:GBP xbrli:pure
Company registration number: 08801921







UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED
31 MARCH 2023


MOGHLE LIMITED






































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MOGHLE LIMITED
 


 
COMPANY INFORMATION


Directors
G Collins 
M Collins 




Registered number
08801921



Registered office
Oakhurst
Station Road

Chobham

Woking

Surrey

GU24 8AX




Accountants
Menzies LLP
Chartered Accountants

Midas House

62 Goldsworth Road

Woking

Surrey

GU21 6LQ




Bankers
Lloyds Bank Plc
1c Church Street

Weybridge

Surrey

KT13 8DA





 


MOGHLE LIMITED
 



CONTENTS



Page
Statement of Financial Position
1 - 2
Notes to the Financial Statements
3 - 6

 


MOGHLE LIMITED
REGISTERED NUMBER:08801921



STATEMENT OF FINANCIAL POSITION
AS AT 31 MARCH 2023

2023
2022
Note
£
£

Fixed assets
  

Tangible assets
 4 
799
-

Investment property
 5 
425,000
425,000

  
425,799
425,000

Current assets
  

Debtors: amounts falling due within one year
 6 
5,972
-

Current asset investments
 7 
1,882,349
1,796,172

Bank and cash balances
  
11,719
18,182

  
1,900,040
1,814,354

Creditors: amounts falling due within one year
 8 
(642,086)
(721,581)

Net current assets
  
 
 
1,257,954
 
 
1,092,773

Total assets less current liabilities
  
1,683,753
1,517,773

  

Net assets
  
1,683,753
1,517,773


Capital and reserves
  

Called up share capital 
  
600
600

Profit and loss account
  
1,683,153
1,517,173

  
1,683,753
1,517,773

Page 1

 


MOGHLE LIMITED
REGISTERED NUMBER:08801921


    
STATEMENT OF FINANCIAL POSITION (CONTINUED)
AS AT 31 MARCH 2023

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 income statement 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: 




................................................
M Collins
Director

Date: 28 November 2023

The notes on pages 3 to 6 form part of these financial statements.
Page 2

 


MOGHLE LIMITED
 


 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2023

1.


General information

Moghle Limited is a private Company limited by shares incorporated in the United Kingdom under the Companies Act 2006 and is registered in England and Wales. The address of its registered office is disclosed on the company information page.
There is no principal place of business.

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

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.

Foreign exchange gains and losses resulting from the settlement of transactions and from the translation at period-end exchange rates of monetary assets and liabilities denominated in foreign currencies are recognised in profit or loss except when deferred in other comprehensive income as qualifying cash flow hedges.

 
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. 

 
2.4

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.

Page 3

 


MOGHLE LIMITED
 


 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2023

2.Accounting policies (continued)


2.4
Tangible fixed assets (continued)

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:

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.

 
2.5

Investment property

Investment property is carried at fair value determined annually by the directors 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.

 
2.6

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.

Investments in non-derivative instruments that are equity to the issuer are measured:
at fair value with changes recognised in the Statement of Income and Retained Earnings if the shares are publicly traded or their fair value can otherwise be measured reliably;
at cost less impairment for all other investments.


3.


Employees

The average monthly number of employees, including directors, during the year was 2 (2022 - 2).

Page 4

 


MOGHLE LIMITED
 


 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2023

4.


Tangible fixed assets





Computer equipment

£



Cost or valuation


At 1 April 2022
2,937


Additions
899



At 31 March 2023

3,836



Depreciation


At 1 April 2022
2,937


Charge for the year on owned assets
100



At 31 March 2023

3,037



Net book value



At 31 March 2023
799



At 31 March 2022
-


5.


Investment property


Freehold investment property

£



Valuation


At 1 April 2022
425,000



At 31 March 2023
425,000

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





6.


Debtors

2023
2022
£
£


Other debtors
5,972
-

5,972
-


Page 5

 


MOGHLE LIMITED
 


 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2023

7.


Current asset investments

2023
2022
£
£

Listed investments
1,882,349
1,796,172

1,882,349
1,796,172


Listed investments measured at fair value through profit or loss include UK quoted securities valued at the mid-market price quoted on The London Stock Exchange.  Overseas securities are valued at the mid-market price or last traded price on the relevant stock exchange as obtained from the Interactive Data Information Service.


8.


Creditors: Amounts falling due within one year

2023
2022
£
£

Other creditors
639,436
719,206

Accruals and deferred income
2,650
2,375

642,086
721,581



9.


Related party transactions

At the year end an amount of £639,436 (2022 - £719,206) was due to the directors. No interest has been applied to the balance.

 
Page 6