Caseware UK (AP4) 2022.0.179 2022.0.179 2022-12-312022-12-31false2022-06-173No description of principal activity0falsetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. 14178720 2022-06-17 2022-12-31 14178720 2021-01-01 2022-06-16 14178720 2022-12-31 14178720 2022-06-16 14178720 c:Director2 2022-06-17 2022-12-31 14178720 d:OfficeEquipment 2022-06-17 2022-12-31 14178720 d:OfficeEquipment 2022-12-31 14178720 d:OfficeEquipment 2022-06-16 14178720 d:OfficeEquipment d:OwnedOrFreeholdAssets 2022-06-17 2022-12-31 14178720 d:ComputerEquipment 2022-06-17 2022-12-31 14178720 d:ComputerEquipment 2022-12-31 14178720 d:ComputerEquipment 2022-06-16 14178720 d:ComputerEquipment d:OwnedOrFreeholdAssets 2022-06-17 2022-12-31 14178720 d:OwnedOrFreeholdAssets 2022-06-17 2022-12-31 14178720 d:CurrentFinancialInstruments 2022-12-31 14178720 d:CurrentFinancialInstruments d:WithinOneYear 2022-12-31 14178720 d:ShareCapital 2022-12-31 14178720 d:RetainedEarningsAccumulatedLosses 2022-12-31 14178720 c:OrdinaryShareClass1 2022-06-17 2022-12-31 14178720 c:OrdinaryShareClass1 2022-12-31 14178720 c:FRS102 2022-06-17 2022-12-31 14178720 c:AuditExempt-NoAccountantsReport 2022-06-17 2022-12-31 14178720 c:FullAccounts 2022-06-17 2022-12-31 14178720 c:PrivateLimitedCompanyLtd 2022-06-17 2022-12-31 14178720 e:PoundSterling 2022-06-17 2022-12-31 xbrli:shares iso4217:GBP xbrli:pure
Registered number: 14178720













INVILIA LIMITED
UNAUDITED

FINANCIAL STATEMENTS

FOR THE PERIOD ENDED 31 DECEMBER 2022


 
INVILIA LIMITED
REGISTERED NUMBER:14178720


BALANCE SHEET
AS AT 31 DECEMBER 2022

2022
Note
£

Fixed assets
  

Tangible assets
 4 
5,368

Current assets
  

Debtors: amounts falling due within one year
 5 
71,906

Cash at bank and in hand
 6 
158,069

  
229,975

Creditors: amounts falling due within one year
 7 
(264,143)

Net current (liabilities)/assets
  
 
 
(34,168)

  

Net (liabilities)/assets
  
(28,800)


Capital and reserves
  

Called up share capital 
 8 
10

Profit and loss account
  
(28,810)

  
(28,800)


Page 1


 
INVILIA LIMITED
REGISTERED NUMBER:14178720

    
BALANCE SHEET (CONTINUED)
AS AT 31 DECEMBER 2022

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 period 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: 




A Dunford
Director

Date: 15 March 2024

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

Page 2


 
INVILIA LIMITED
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 DECEMBER 2022

1.


General information

Invilia Limited is a private company limited by shares, incorporated and domiciled in England and Wales, United Kingdom. The registered office address is 16 Albemarle Street, London W1S 4HW.
The company was incorporated on 17 June 2022 and this is the first set of accounts prepared for the short period to 31 December 2022.

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, excluding discounts, rebates, value added tax and other sales taxes. The following criteria must also be met before revenue is recognised:

Rendering of services

Revenue from a contract to provide services is recognised in the period in which the services are provided in accordance with the stage of completion of the contract when all of the following conditions are satisfied:
the amount of revenue can be measured reliably;
it is probable that the Company will receive the consideration due under the contract;
the stage of completion of the contract at the end of the reporting period can be measured reliably; and
the costs incurred and the costs to complete the contract can be measured reliably.

 
2.3

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


 
INVILIA LIMITED
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 DECEMBER 2022

2.Accounting policies (continued)


2.3
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:

Office equipment
-
25%
Computer equipment
-
25%

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.

 
2.4

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.

 
2.7

Financial instruments

The Company only enters into basic financial instruments 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 and loans to related parties.


3.


Employees




The average monthly number of employees, including directors, during the period was 3.

Page 4


 
INVILIA LIMITED
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 DECEMBER 2022

4.


Tangible fixed assets





Office equipment
Computer equipment
Total

£
£
£



Cost or valuation


At 17 June 2022
-
-
-


Additions
4,643
958
5,601



At 31 December 2022

4,643
958
5,601



Depreciation


At 17 June 2022
-
-
-


Charge for the period on owned assets
193
40
233



At 31 December 2022

193
40
233



Net book value



At 31 December 2022
4,450
918
5,368


5.


Debtors

2022
£


Trade debtors
55,400

Other debtors
16,506

71,906



6.


Cash and cash equivalents

2022
£

Cash at bank and in hand
158,069


Page 5


 
INVILIA LIMITED
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 DECEMBER 2022

7.


Creditors: amounts falling due within one year

2022
£

Trade creditors
500

Other creditors
261,893

Accruals and deferred income
1,750

264,143



8.


Share capital

2022
£
Allotted, called up and fully paid


10,000 Ordinary shares of £0.001 each
10


On incorporation the company issued 1,000 Ordinary shares of £0.01 each. Subsequently on 26 September 2022 the company subdivided these shares into 10,000 Ordinary shares of £0.001 each.
Post year end, the company issued additional shares. On 6 June 2023 the company issued 60,000 Ordinary shares of £0.001 each at par value. On 26 October 2023 the company issued 10,000 Ordinary shares of £0.001 each for total consideration of £400,000.

 
Page 6