Caseware UK (AP4) 2022.0.179 2022.0.179 2023-01-312023-01-31true2022-01-24false1trueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. 13867094 2022-01-23 13867094 2022-01-24 2023-01-31 13867094 1999-03-02 2022-01-23 13867094 2023-01-31 13867094 c:Director2 2022-01-24 2023-01-31 13867094 d:ComputerSoftware 2023-01-31 13867094 d:CurrentFinancialInstruments 2023-01-31 13867094 d:CurrentFinancialInstruments d:WithinOneYear 2023-01-31 13867094 d:ShareCapital 2023-01-31 13867094 d:RetainedEarningsAccumulatedLosses 2023-01-31 13867094 c:OrdinaryShareClass1 2022-01-24 2023-01-31 13867094 c:OrdinaryShareClass1 2023-01-31 13867094 c:FRS102 2022-01-24 2023-01-31 13867094 c:AuditExempt-NoAccountantsReport 2022-01-24 2023-01-31 13867094 c:FullAccounts 2022-01-24 2023-01-31 13867094 c:PrivateLimitedCompanyLtd 2022-01-24 2023-01-31 13867094 d:ComputerSoftware d:ExternallyAcquiredIntangibleAssets 2022-01-24 2023-01-31 xbrli:shares iso4217:GBP xbrli:pure
Registered number: 13867094









TEKE LTD

UNAUDITED

FINANCIAL STATEMENTS
INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE PERIOD ENDED 31 JANUARY 2023

 
TEKE LTD
REGISTERED NUMBER: 13867094

BALANCE SHEET
AS AT 31 JANUARY 2023

2023
Note
£

Fixed assets
  

Intangible assets
 4 
1,206

Current assets
  

Cash at bank and in hand
  
23,818

  
23,818

Creditors: amounts falling due within one year
 5 
(94,985)

Net current liabilities
  
 
 
(71,167)

  

Net liabilities
  
(69,961)


Capital and reserves
  

Called up share capital 
 6 
100

Profit and loss account
  
(70,061)

  
(69,961)


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 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 14 March 2024.




Lea Baulard
Director

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

Page 1

 
TEKE LTD
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 JANUARY 2023

1.


General information

The company is a private company limited by shares, incorporated in England and Wales, within the United Kingdom. The registered number for the company is 13867094 and the address of the registered office is Unit 1, First Floor, Peer House, 8-14 Verulam Street, London, WC1X 8LZ. The company is not part of a group.
The company incorporated on 24 January 2022 and started trading from this date.
The functional and presentational currency of the company is considered to be Pound Sterling (£).

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 preparation of financial statements in compliance with FRS 102 requires the use of certain critical accounting estimates. It also requires management to exercise judgment in applying the Company's accounting policies.

The following principal accounting policies have been applied:

 
2.2

Going concern

The financial statements have been prepared on a going concern basis which assumes that the company will continue operation for the foreseeable future being a period of at least 12 months from the date of approval of these financial statements. 
Revenue is expected to be generated in the foreseeable future and the Company has the continued financial support of the director and shareholders. 
In view of the above, the director is confident that the company will have sufficient resources to enable it to continue as a going concern and therefore the financial statements do not contain any adjustments that would be required if the Company were not able to continue as a going concern.

Page 2

 
TEKE LTD
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 JANUARY 2023

2.Accounting policies (continued)

 
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.

Deferred tax balances are recognised in respect of all timing differences that have originated but not reversed by the balance sheet date, except that:
The recognition of deferred tax assets is limited to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits; and
Any deferred tax balances are reversed if and when all conditions for retaining associated tax allowances have been met.

Deferred tax balances are not recognised in respect of permanent differences except in respect of business combinations, when deferred tax is recognised on the differences between the fair values of assets acquired and the future tax deductions available for them and the differences between the fair values of liabilities acquired and the amount that will be assessed for tax. Deferred tax is determined using tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

 
2.4

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

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.

 
2.6

Creditors

Short-term creditors are measured at the transaction price.

Page 3

 
TEKE LTD
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 JANUARY 2023

2.Accounting policies (continued)

 
2.7

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.

Debt instruments that are payable or receivable within one year, typically trade debtors and creditors, are measured, initially and subsequently, at the undiscounted amount of the cash or other consideration expected to be paid or received.


3.


Employees

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


4.


Intangible assets



Website costs

£



Cost


Additions
1,206






Net book value



At 31 January 2023
1,206




5.


Creditors: Amounts falling due within one year

2023
£

Other creditors
90,923

Accruals
4,062

94,985


Page 4

 
TEKE LTD
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 JANUARY 2023

6.


Share capital

2023
£
Allotted, called up and fully paid


100 Ordinary Shares shares of £1.00 each
100


During the period, the company allotted 100 ordinary shares with a nominal value of £1 per share.


7.


Related party transactions

During the period, the Company operated loan accounts with its shareholders. The amount due to shareholders at the period end amounted to £90,923. These loans are interest free and repayable on demand.


Page 5