Caseware UK (AP4) 2022.0.179 2022.0.179 2023-12-312023-12-312022-07-07falsetrueinvestment in overseas trading businesses2falseThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. 14221760 2022-07-06 14221760 2022-07-07 2023-12-31 14221760 2021-07-07 2022-07-06 14221760 2023-12-31 14221760 c:Director1 2022-07-07 2023-12-31 14221760 c:Director2 2022-07-07 2023-12-31 14221760 d:CurrentFinancialInstruments 2023-12-31 14221760 d:CurrentFinancialInstruments d:WithinOneYear 2023-12-31 14221760 d:ShareCapital 2023-12-31 14221760 d:RetainedEarningsAccumulatedLosses 2023-12-31 14221760 c:FRS102 2022-07-07 2023-12-31 14221760 c:AuditExempt-NoAccountantsReport 2022-07-07 2023-12-31 14221760 c:FullAccounts 2022-07-07 2023-12-31 14221760 c:PrivateLimitedCompanyLtd 2022-07-07 2023-12-31 14221760 6 2022-07-07 2023-12-31 14221760 e:PoundSterling 2022-07-07 2023-12-31 iso4217:GBP xbrli:pure

Registered number: 14221760









V-DAIRY (UK) LIMITED







UNAUDITED

FINANCIAL STATEMENTS

FOR THE PERIOD ENDED 31 DECEMBER 2023

 
V-DAIRY (UK) LIMITED
REGISTERED NUMBER: 14221760

STATEMENT OF FINANCIAL POSITION
AS AT 31 DECEMBER 2023

2023
Note
£

Fixed assets
  

Investments
  
558,352

  
558,352

Current assets
  

Cash at bank and in hand
  
1,051

  
1,051

Creditors: amounts falling due within one year
  
(568,446)

Net current (liabilities)/assets
  
 
 
(567,395)

Total assets less current liabilities
  
(9,043)

  

Net (liabilities)/assets
  
(9,043)


Capital and reserves
  

Called up share capital 
  
1

Profit and loss account
  
(9,044)

  
(9,043)


Page 1

 
V-DAIRY (UK) LIMITED
REGISTERED NUMBER: 14221760
    
STATEMENT OF FINANCIAL POSITION (CONTINUED)
AS AT 31 DECEMBER 2023

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 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: 


J R Neville
K Bellamy
Director
Director


Date: 5 April 2024

The notes on pages 3 to 5 form part of these financial statements.

Page 2

 
V-DAIRY (UK) LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 DECEMBER 2023

1.


General information

The principal activity of V-Dairy (UK) Limited ("The Company") in the period under review was that of an investment holding company.
The Company is a private company limited by shares and is incorporated in England and Wales.
The registered office address is Stonecross, Trumpington High Street, Cambridge CB2 9SU.

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

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.

Foreign exchange gains and losses resulting from the settlement of transactions and from the translation at period-end exchange rates of monetary assets and liabilities denominated in foreign currencies are recognised in profit or loss except when deferred in other comprehensive income as qualifying cash flow hedges.

 
2.3

Valuation of investments

Investments in subsidiaries are measured at cost less accumulated impairment.

Investments in unlisted Company shares, whose market value can be reliably determined, are remeasured to market value at each reporting date. Gains and losses on remeasurement are recognised in the Statement of Income and Retained Earnings for the period. Where market value cannot be reliably determined, such investments are stated at historic cost less impairment.

Page 3

 
V-DAIRY (UK) LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 DECEMBER 2023

2.Accounting policies (continued)

 
2.4

Financial instruments

The Company only enters into basic financial instruments and transactions that result in the recognition of financial assets and liabilities like trade and other debtors and creditors and loans to and from related parties.
(i) Financial assets
Basic financial assets, including trade and other debtors, and amounts due from related companies, are initially recognised at transaction price, 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.
(ii) Financial liabilities
Basic financial liabilities, including trade and other creditors and accruals, are initially recognised at transaction price, unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future receipts discounted at a market rate of interest.


3.


Employees




The average monthly number of employees, including directors, during the period was 2.


4.


Fixed asset investments





Unlisted investments

£



Cost or valuation


Additions
558,352



At 31 December 2023
558,352




Page 4

 
V-DAIRY (UK) LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 DECEMBER 2023

5.


Creditors: Amounts falling due within one year

2023
£

Other creditors
566,646

Accruals and deferred income
1,800

568,446



6.


Related party transactions

During the period the company benefitted from loans from the directors of £578,818, of which £566,646 remained owing at the balance sheet date. These loans are interest-free and repayable on demand.

 
Page 5