Caseware UK (AP4) 2023.0.135 2023.0.135 2023-07-312023-07-31The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.1truefalsePublishing of Computer Games2022-08-011truefalse 13514990 2022-08-01 2023-07-31 13514990 2021-08-01 2022-07-31 13514990 2023-07-31 13514990 2022-07-31 13514990 c:Director1 2022-08-01 2023-07-31 13514990 d:PlantMachinery 2022-08-01 2023-07-31 13514990 d:PlantMachinery 2023-07-31 13514990 d:PlantMachinery 2022-07-31 13514990 d:PlantMachinery d:OwnedOrFreeholdAssets 2022-08-01 2023-07-31 13514990 d:FurnitureFittings 2022-08-01 2023-07-31 13514990 d:CurrentFinancialInstruments 2023-07-31 13514990 d:CurrentFinancialInstruments 2022-07-31 13514990 c:FRS102 2022-08-01 2023-07-31 13514990 c:AuditExempt-NoAccountantsReport 2022-08-01 2023-07-31 13514990 c:FullAccounts 2022-08-01 2023-07-31 13514990 c:PrivateLimitedCompanyLtd 2022-08-01 2023-07-31 13514990 e:PoundSterling 2022-08-01 2023-07-31 iso4217:GBP xbrli:pure

Registered number:13514990










AOE LTD








UNAUDITED

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 JULY 2023

 
AOE LTD
REGISTERED NUMBER: 13514990

STATEMENT OF FINANCIAL POSITION
AS AT 31 JULY 2023

2023
2022
£
£


Tangible fixed assets
77,779
21,334

Current assets
10,496
5,333

Creditors: amounts falling due within one year
(118,460)
(32,000)

Net current liabilities
 
 
(107,964)
 
 
(26,667)

Total assets less current liabilities
(30,185)
(5,333)


Net liabilities
(30,185)
(5,333)



Capital and reserves
(30,185)
(5,333)


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 Company's financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

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: 




................................................
Thomas Kressner
Director

Date: 4 April 2024

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

Page 1

 
AOE LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JULY 2023

1.


General information

AOE Ltd is a private company limited by shares and incorporated in England and Wales, registration number 13514990. The registered office is Prospect House, Rouen Road, Norwich, NR1 1RE.

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 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 company is showing a negative current asset position of £30,185 (2022: £5,333).
The director will support the comapny to ensure that it will meet all liabilities as they arise, and therefore the accounts have been prepared on a going concern basis.

 
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.

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:

Fixtures and fittings
-
20%
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.

 
2.4

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.

Page 2

 
AOE LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JULY 2023

2.Accounting policies (continued)

 
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 has elected to apply the provisions of Section 11 “Basic Financial Instruments” of FRS 102 to all of its financial instruments.

The Company has elected to apply the recognition and measurement provisions of IFRS 9 Financial Instruments (as adopted by the UK Endorsement Board) with the disclosure requirements of Sections 11 and 12 and the other presentation requirements of FRS 102.

Financial instruments are recognised in the Company's Statement of financial position when the Company becomes party to the contractual provisions of the instrument.

Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.


3.


Employees




The average monthly number of employees, including the director, during the year was as follows:


        2023
        2022
            No.
            No.







Directors
1
1

Page 3

 
AOE LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JULY 2023

4.


Tangible fixed assets





Fixtures and fittings

£



Cost or valuation


At 1 August 2022
26,667


Additions
77,228



At 31 July 2023

103,895



Depreciation


At 1 August 2022
5,333


Charge for the year on owned assets
20,783



At 31 July 2023

26,116



Net book value



At 31 July 2023
77,779



At 31 July 2022
21,334


5.


Debtors

2023
2022
£
£


Other debtors
7,554
5,333

7,554
5,333



6.


Cash and cash equivalents

2023
2022
£
£

Cash at bank and in hand
2,942
-

2,942
-


Page 4

 
AOE LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JULY 2023

7.


Creditors: Amounts falling due within one year

2023
2022
£
£

Other creditors
117,460
31,000

Accruals and deferred income
1,000
1,000

118,460
32,000



8.


Related party transactions

The director has a loan account wirh AOE Ltd. The loan account has remained in credit throughout the year. At 31 July 2023 the balance due to the director is £117,460 (2022: £31,000).

 
Page 5