Caseware UK (AP4) 2023.0.135 2023.0.135 2023-08-312023-08-31falsetrue22022-09-01No description of principal activity2trueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.false 13551440 2022-09-01 2023-08-31 13551440 2021-08-06 2022-08-31 13551440 2023-08-31 13551440 2022-08-31 13551440 c:Director1 2022-09-01 2023-08-31 13551440 d:CurrentFinancialInstruments 2023-08-31 13551440 d:CurrentFinancialInstruments 2022-08-31 13551440 d:CurrentFinancialInstruments d:WithinOneYear 2023-08-31 13551440 d:CurrentFinancialInstruments d:WithinOneYear 2022-08-31 13551440 d:ShareCapital 2023-08-31 13551440 d:ShareCapital 2022-08-31 13551440 d:RetainedEarningsAccumulatedLosses 2023-08-31 13551440 d:RetainedEarningsAccumulatedLosses 2022-08-31 13551440 c:OrdinaryShareClass1 2022-09-01 2023-08-31 13551440 c:OrdinaryShareClass1 2023-08-31 13551440 c:OrdinaryShareClass1 2022-08-31 13551440 c:FRS102 2022-09-01 2023-08-31 13551440 c:AuditExempt-NoAccountantsReport 2022-09-01 2023-08-31 13551440 c:FullAccounts 2022-09-01 2023-08-31 13551440 c:PrivateLimitedCompanyLtd 2022-09-01 2023-08-31 13551440 e:PoundSterling 2022-09-01 2023-08-31 xbrli:shares iso4217:GBP xbrli:pure

Registered number: 13551440










CAUDAL FIN LIMITED








UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 31 AUGUST 2023

 
CAUDAL FIN LIMITED
REGISTERED NUMBER:13551440

BALANCE SHEET
AS AT 31 AUGUST 2023

2023
2022
                                                                    Note
£
£

  

Current assets
  

Debtors: amounts falling due within one year
 4 
-
100

Cash at bank and in hand
 5 
1,009
729

  
1,009
829

Creditors: amounts falling due within one year
 6 
(6,600)
(1,200)

Net current liabilities
  
 
 
(5,591)
 
 
(371)

Total assets less current liabilities
  
(5,591)
(371)

  

Net liabilities
  
(5,591)
(371)


Capital and reserves
  

Called up share capital 
 7 
100
100

Profit and loss account
  
(5,691)
(471)

  
(5,591)
(371)


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 profit and loss account 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: 




P H Dickson
Director

Date: 20 March 2024

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

Page 1

 
CAUDAL FIN LIMITED
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2023

1.


General information

Caudal Fin Limited is a company limited by shares, incorporated in England and Wales on 6 August 2021. The registered office is 2 Chawley Park, Cumnor Hill, Oxford, Oxfordshire, United Kingdom, OX2 9GG

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.

 
2.2

Going concern

The Company had net liabilities at the balance sheet date and made a loss during the year to 31
August 2023. The Company has the continuing support of the Directors, therefore the
Directors consider it is appropraite to prepare these accounts on a going concern baisis.

 
2.3

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.

 
2.4

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

 
CAUDAL FIN LIMITED
 

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

2.Accounting policies (continued)

 
2.7

Financial instruments

The company only enters into basic financial statement 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.


3.


Employees




The average monthly number of employees, including directors, during the year was 2 (2022 - 2).


4.


Debtors

2023
2022
£
£


Other debtors
-
100



5.


Cash and cash equivalents

2023
2022
£
£

Cash at bank and in hand
1,009
729


Page 3

 
CAUDAL FIN LIMITED
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2023

6.


Creditors: Amounts falling due within one year

2023
2022
£
£

Other creditors
3,900
-

Accruals and deferred income
2,700
1,200

6,600
1,200



7.


Share capital

2023
2022
£
£
Allotted and called up



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



Page 4