Caseware UK (AP4) 2022.0.179 2022.0.179 2023-03-312023-03-312022-04-01falseNo description of principal activity22truetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. 12390432 2022-04-01 2023-03-31 12390432 2021-04-01 2022-03-31 12390432 2023-03-31 12390432 2022-03-31 12390432 c:Director1 2022-04-01 2023-03-31 12390432 d:OfficeEquipment 2022-04-01 2023-03-31 12390432 d:OfficeEquipment 2023-03-31 12390432 d:OfficeEquipment 2022-03-31 12390432 d:OfficeEquipment d:OwnedOrFreeholdAssets 2022-04-01 2023-03-31 12390432 d:ComputerEquipment 2022-04-01 2023-03-31 12390432 d:ComputerEquipment 2023-03-31 12390432 d:ComputerEquipment 2022-03-31 12390432 d:ComputerEquipment d:OwnedOrFreeholdAssets 2022-04-01 2023-03-31 12390432 d:OwnedOrFreeholdAssets 2022-04-01 2023-03-31 12390432 d:CurrentFinancialInstruments 2023-03-31 12390432 d:CurrentFinancialInstruments 2022-03-31 12390432 d:CurrentFinancialInstruments d:WithinOneYear 2023-03-31 12390432 d:CurrentFinancialInstruments d:WithinOneYear 2022-03-31 12390432 d:ShareCapital 2023-03-31 12390432 d:ShareCapital 2022-03-31 12390432 d:RetainedEarningsAccumulatedLosses 2023-03-31 12390432 d:RetainedEarningsAccumulatedLosses 2022-03-31 12390432 c:OrdinaryShareClass1 2022-04-01 2023-03-31 12390432 c:OrdinaryShareClass1 2023-03-31 12390432 c:OrdinaryShareClass1 2022-03-31 12390432 c:FRS102 2022-04-01 2023-03-31 12390432 c:AuditExempt-NoAccountantsReport 2022-04-01 2023-03-31 12390432 c:FullAccounts 2022-04-01 2023-03-31 12390432 c:PrivateLimitedCompanyLtd 2022-04-01 2023-03-31 xbrli:shares iso4217:GBP xbrli:pure

Registered number: 12390432









AMANDA CAROLINE LTD








FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 31 MARCH 2023

 
AMANDA CAROLINE LTD
REGISTERED NUMBER: 12390432

BALANCE SHEET
AS AT 31 MARCH 2023

2023
2023
2022
2022
£
£
£
£

Fixed assets
  

Tangible assets
 4 
2,049
2,087

  
2,049
2,087

Current assets
  

Stocks
 5 
30,000
30,000

Debtors: amounts falling due within one year
 6 
8,209
1,678

Cash at bank and in hand
 7 
-
1,853

  
38,209
33,531

Creditors: amounts falling due within one year
 8 
(438,035)
(308,257)

Net current liabilities
  
 
 
(399,826)
 
 
(274,726)

Total assets less current liabilities
  
(397,777)
(272,639)

  

Net liabilities
  
(397,777)
(272,639)


Capital and reserves
  

Called up share capital 
 9 
100
100

Profit and loss account
  
(397,877)
(272,739)

  
(397,777)
(272,639)


Page 1

 
AMANDA CAROLINE LTD
REGISTERED NUMBER: 12390432
    
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 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 by: 




................................................
A C Cronin
Director

Date: 13 March 2024

The notes on pages 3 to 7 form part of these financial statements.

Page 2

 
AMANDA CAROLINE LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2023

1.


General information

Amanda Caroline Limited is a private company limited by shares. The Company is incorporated in England & Wales and its registered address is Aston House, Cornwall Avenue, London, United Kingdom, N3 1LF. The registered company number is 12390432.

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

Whilst the company is in a net liabilities position, it retains the support of its shareholders and as such the director considers it appropriate to prepare the accounts on a going concern basis.

 
2.3

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.

Page 3

 
AMANDA CAROLINE LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2023

2.Accounting policies (continued)

 
2.4

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.

 
2.5

Finance costs

Finance costs are charged to profit or loss over the term of the debt using the effective interest method so that the amount charged is at a constant rate on the carrying amount. Issue costs are initially recognised as a reduction in the proceeds of the associated capital instrument.

 
2.6

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.

 
2.7

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 4

 
AMANDA CAROLINE LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2023

2.Accounting policies (continued)


2.7
Tangible fixed assets (continued)

Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, on a reducing balance basis.

Depreciation is provided on the following basis:

Office equipment
-
25%
reducing balance
Computer equipment
-
25%
reducing balance

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.

 
2.8

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 weighted average 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.

 
2.9

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.

 
2.10

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.

 
2.11

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 2 (2022 - 2).

Page 5

 
AMANDA CAROLINE LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2023

4.


Tangible fixed assets





Office equipment
Computer equipment
Total

£
£
£



Cost or valuation


At 1 April 2022
680
1,938
2,618


Additions
-
483
483



At 31 March 2023

680
2,421
3,101



Depreciation


At 1 April 2022
275
255
530


Charge for the year on owned assets
101
421
522



At 31 March 2023

376
676
1,052



Net book value



At 31 March 2023
304
1,745
2,049



At 31 March 2022
405
1,682
2,087


5.


Stocks

2023
2022
£
£

Finished goods and goods for resale
30,000
30,000

30,000
30,000



6.


Debtors

2023
2022
£
£


Trade debtors
5,830
275

Other debtors
2,379
1,403

8,209
1,678


Page 6

 
AMANDA CAROLINE LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2023

7.


Cash and cash equivalents

2023
2022
£
£

Cash at bank and in hand
-
1,853

Less: bank overdrafts
(19,235)
(240)

(19,235)
1,613



8.


Creditors: Amounts falling due within one year

2023
2022
£
£

Bank overdrafts
19,235
240

Bank loans
42,500
50,000

Trade creditors
19,229
1,092

Other taxation and social security
996
837

Other creditors
356,075
256,088

438,035
308,257



9.


Share capital

2023
2022
£
£
Allotted, called up and fully paid



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



10.


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 £1,007 (2022: £863).


11.


Transactions with directors

Included in other creditors is an amount of £354,880 (2022: £256,088) owed to the director of the company. This loan is unsecured, interest free and repayable on demand. 

 
Page 7