Caseware UK (AP4) 2022.0.179 2022.0.179 2023-05-312023-05-31falseNo description of principal activity2022-06-011falsetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. 14095984 2022-05-31 14095984 2022-06-01 2023-05-31 14095984 2021-06-01 2022-05-31 14095984 2023-05-31 14095984 c:Director1 2022-06-01 2023-05-31 14095984 d:Buildings d:LongLeaseholdAssets 2022-06-01 2023-05-31 14095984 d:Buildings d:LongLeaseholdAssets 2023-05-31 14095984 d:FurnitureFittings 2022-06-01 2023-05-31 14095984 d:FurnitureFittings 2023-05-31 14095984 d:FurnitureFittings d:OwnedOrFreeholdAssets 2022-06-01 2023-05-31 14095984 d:OwnedOrFreeholdAssets 2022-06-01 2023-05-31 14095984 d:CurrentFinancialInstruments 2023-05-31 14095984 d:CurrentFinancialInstruments d:WithinOneYear 2023-05-31 14095984 d:ShareCapital 2023-05-31 14095984 d:RetainedEarningsAccumulatedLosses 2023-05-31 14095984 c:OrdinaryShareClass1 2022-06-01 2023-05-31 14095984 c:OrdinaryShareClass1 2023-05-31 14095984 c:FRS102 2022-06-01 2023-05-31 14095984 c:AuditExempt-NoAccountantsReport 2022-06-01 2023-05-31 14095984 c:FullAccounts 2022-06-01 2023-05-31 14095984 c:PrivateLimitedCompanyLtd 2022-06-01 2023-05-31 xbrli:shares iso4217:GBP xbrli:pure

Registered number: 14095984









OHANA UK LIMITED







UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 31 MAY 2023

 
OHANA UK LIMITED
REGISTERED NUMBER: 14095984

BALANCE SHEET
AS AT 31 MAY 2023

2023
Note
£

Fixed assets
  

Tangible assets
 4 
125,027

  
125,027

Current assets
  

Debtors: amounts falling due within one year
 5 
38,435

Cash at bank and in hand
  
427

  
38,862

Creditors: amounts falling due within one year
 6 
(244,850)

Net current (liabilities)/assets
  
 
 
(205,988)

Total assets less current liabilities
  
(80,961)

  

Net (liabilities)/assets
  
(80,961)


Capital and reserves
  

Called up share capital 
 7 
1

Profit and loss account
  
(80,962)

  
(80,961)

Page 1

 
OHANA UK LIMITED
REGISTERED NUMBER: 14095984
    
BALANCE SHEET (CONTINUED)
AS AT 31 MAY 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 on 20 February 2024.




Monique Dhinsa
Director

The notes on pages 3 to 5 form part of these financial statements.
Page 2

 
OHANA UK LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MAY 2023

1.


General information

The Company is a private company, limited by shares, incorporated and domiciled in England within the United Kingdom, registration number 06041522.  The Company's registered office is Sterling House, 71 Francis Road, Edgbaston, Birmingham, B16 8SP. 
The financial statements are presented in sterling which is the functional currency of the company and the financial statements are rounded to the nearest £1.
The accounts cover the period from incorporation to 31 May 2023.

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 company has prepared the accounts on a going concern basis.

 
2.3

Operating leases: the Company as lessee

Rentals paid under operating leases are charged to profit or loss on a straight-line basis over the lease term.

 
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.

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:

Long-term leasehold property
-
15%
Fixtures and fittings
-
15%

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

 
OHANA UK LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MAY 2023

2.Accounting policies (continued)

 
2.5

Debtors

Short-term debtors are measured at transaction price, less any impairment.

 
2.6

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.

 
2.7

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.


3.


Employees

The average monthly number of employees, including directors, during the year was 1.


4.


Tangible fixed assets





Long-term leasehold property
Fixtures and fittings
Total

£
£
£



Cost or valuation


Additions
21,742
125,348
147,090



At 31 May 2023

21,742
125,348
147,090



Depreciation


Charge for the year on owned assets
3,261
18,802
22,063



At 31 May 2023

3,261
18,802
22,063



Net book value



At 31 May 2023
18,481
106,546
125,027

Page 4

 
OHANA UK LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MAY 2023

5.


Debtors

2023
£


Other debtors
38,435

38,435



6.


Creditors: Amounts falling due within one year

2023
£

Trade creditors
26,012

Other creditors
217,938

Accruals and deferred income
900

244,850



7.


Share capital

2023
£
Allotted, called up and fully paid


1 Ordinary share of £1.00
1


Upon incorporation, 1 £1 Ordinary share was issued at par value.


8.Other financial commitments

The company had total commitments at the balance sheet date of £42,578


9.


Related party transactions

As at the balance sheet date £138,191 was due to the director. The loan is interest free and repayable on demand. 

 
Page 5