Caseware UK (AP4) 2023.0.135 2023.0.135 2023-05-312023-05-312022-06-01falseNo description of principal activitytrue2The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.2falsefalse 11378604 2022-06-01 2023-05-31 11378604 2021-06-01 2022-05-31 11378604 2023-05-31 11378604 2022-05-31 11378604 c:Director1 2022-06-01 2023-05-31 11378604 d:CurrentFinancialInstruments 2023-05-31 11378604 d:CurrentFinancialInstruments 2022-05-31 11378604 d:CurrentFinancialInstruments d:WithinOneYear 2023-05-31 11378604 d:CurrentFinancialInstruments d:WithinOneYear 2022-05-31 11378604 d:ShareCapital 2023-05-31 11378604 d:ShareCapital 2022-05-31 11378604 d:RetainedEarningsAccumulatedLosses 2023-05-31 11378604 d:RetainedEarningsAccumulatedLosses 2022-05-31 11378604 c:OrdinaryShareClass1 2022-06-01 2023-05-31 11378604 c:OrdinaryShareClass1 2023-05-31 11378604 c:OrdinaryShareClass1 2022-05-31 11378604 c:FRS102 2022-06-01 2023-05-31 11378604 c:AuditExempt-NoAccountantsReport 2022-06-01 2023-05-31 11378604 c:FullAccounts 2022-06-01 2023-05-31 11378604 c:PrivateLimitedCompanyLtd 2022-06-01 2023-05-31 11378604 e:PoundSterling 2022-06-01 2023-05-31 xbrli:shares iso4217:GBP xbrli:pure

Registered number: 11378604










CHINA UK TECHNOLOGY AND INNOVATION PLATFORM LIMITED








UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 31 MAY 2023

 
CHINA UK TECHNOLOGY AND INNOVATION PLATFORM LIMITED
REGISTERED NUMBER: 11378604

BALANCE SHEET
AS AT 31 MAY 2023

2023
2022
Note
£
£

  

Current assets
  

Debtors: amounts falling due within one year
 4 
14,544
100

Cash at bank and in hand
  
107,982
-

  
122,526
100

Creditors: amounts falling due within one year
 5 
(98,654)
-

Net current assets
  
 
 
23,872
 
 
100

Total assets less current liabilities
  
23,872
100

  

Net assets
  
23,872
100


Capital and reserves
  

Called up share capital 
 6 
100
100

Profit and loss account
  
23,772
-

  
23,872
100


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 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: 

H Geng
Director

Date: 20 February 2024

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

Page 1

 
CHINA UK TECHNOLOGY AND INNOVATION PLATFORM LIMITED
 

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

1.


General information

China UK Technology and Innovation Platform Limited is a private company limited by shares. The registered address of the company is 16-17 Trend Lodge, Stroud Road, Cirencester, Gloucestershire, GL7 6JN.

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

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 for services during the year, excluding discounts, rebates, value added tax and other sales taxes.

 
2.3

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 balance sheet date in the countries where the Company operates and generates income.

 
2.4

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.

 
2.5

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.

 
2.6

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.

Page 2

 
CHINA UK TECHNOLOGY AND INNOVATION PLATFORM LIMITED
 

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

2.Accounting policies (continued)

 
2.7

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.

Basic financial assets

Basic financial assets, which include trade and other receivables, cash and bank balances, are initially measured at their transaction price including transaction costs and are subsequently carried at their amortised cost using the effective interest method, less any provision for impairment, unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest.

Discounting is omitted where the effect of discounting is immaterial. The Company's cash and cash equivalents, trade and most other receivables due with the operating cycle fall into this category of financial instruments.


3.


Employees




The average monthly number of employees, including the directors, during the year was as follows:


        2023
        2022
            No.
            No.







Officers
2
2


4.


Debtors

2023
2022
£
£


Other debtors
14,444
-

Called up share capital not paid
100
100

14,544
100



5.


Creditors: amounts falling due within one year

2023
2022
£
£

Corporation tax
5,576
-

Other creditors
90,498
-

Accruals and deferred income
2,580
-

98,654
-


Page 3

 
CHINA UK TECHNOLOGY AND INNOVATION PLATFORM LIMITED
 

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

6.


Share capital

2023
2022
£
£
Allotted, called up and fully paid



100 (2022 - 100) Ordinary shares of £1.00 each
100
100



7.


Related party transactions

During the year directors expensed £55,498 on behalf of the company, which was repayable to them at the balance sheet date.


Page 4