Caseware UK (AP4) 2023.0.135 2023.0.135 2023-03-312023-03-3112022-04-07falseNo description of principal activity0falsetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.false 14032443 2022-04-06 14032443 2022-04-07 2023-03-31 14032443 2021-04-07 2022-04-06 14032443 2023-03-31 14032443 c:Director1 2022-04-07 2023-03-31 14032443 d:CurrentFinancialInstruments 2023-03-31 14032443 d:CurrentFinancialInstruments d:WithinOneYear 2023-03-31 14032443 d:ShareCapital 2023-03-31 14032443 d:RetainedEarningsAccumulatedLosses 2023-03-31 14032443 c:OrdinaryShareClass1 2022-04-07 2023-03-31 14032443 c:OrdinaryShareClass1 2023-03-31 14032443 c:FRS102 2022-04-07 2023-03-31 14032443 c:AuditExempt-NoAccountantsReport 2022-04-07 2023-03-31 14032443 c:FullAccounts 2022-04-07 2023-03-31 14032443 c:PrivateLimitedCompanyLtd 2022-04-07 2023-03-31 14032443 e:PoundSterling 2022-04-07 2023-03-31 xbrli:shares iso4217:GBP xbrli:pure

Registered number: 14032443










AMAX DIGITAL MARKETING LTD








UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE PERIOD ENDED 31 MARCH 2023

 
AMAX DIGITAL MARKETING LTD
REGISTERED NUMBER: 14032443

BALANCE SHEET
AS AT 31 MARCH 2023

2023
Note
£

  

Current assets
  

Debtors: amounts falling due within one year
 4 
6,424

Cash at bank and in hand
 5 
6,977

  
13,401

Creditors: amounts falling due within one year
 6 
(33,362)

Net current (liabilities)/assets
  
 
 
(19,961)

Total assets less current liabilities
  
(19,961)

  

Net (liabilities)/assets
  
(19,961)


Capital and reserves
  

Called up share capital 
  
100

Profit and loss account
  
(20,061)

  
(19,961)


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 his 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: 




T A G Mehta
Director

Date: 22 April 2024

The notes on pages 2 to 4 form part of these financial statements.
Page 1

 
AMAX DIGITAL MARKETING LTD
 

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

1.


General information

Amax Digital Marketing Ltd is a private company, limited by share capital and incorporated on 7 April 2022 in England and Wales. 

The company's registered office is Amax House Unit B1b, Neptune Road, Harrow, HA1 4HX.

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 FRS 102 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland' and the requirements of the Companies Act 2006. The disclosure requirements of Section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The following principal accounting policies have been applied:

 
2.2

Going concern

The Company has net liabilities of £19,961. The director has indicated that they are willing to provide funding to support the Company, to enable the Company to meet its third party liabilities as they fall due, therefore the accounts have been prepared on a going concern basis.

 
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:

Sale of goods

Revenue from the sale of goods is recognised when all of the following conditions are satisfied:
the Company has transferred the significant risks and rewards of ownership to the buyer;
the Company retains neither continuing managerial involvement to the degree usually associated with ownership nor effective control over the goods sold;
the amount of revenue can be measured reliably;
it is probable that the Company will receive the consideration due under the transaction; and
the costs incurred or to be incurred in respect of the transaction can be measured reliably.

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.

Page 2

 
AMAX DIGITAL MARKETING LTD
 

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

2.Accounting policies (continued)

 
2.4

Pensions

Defined contribution pension plan

The Company operates a defined contribution plan for its employees. A defined contribution plan is a pension plan under which the Company pays fixed contributions into a separate entity. Once the contributions have been paid the Company has no further payment obligations.

The contributions are recognised as an expense in profit or loss when they fall due. Amounts not paid are shown in accruals as a liability in the Balance sheet. The assets of the plan are held separately from the Company in independently administered funds.

 
2.5

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.

 
2.6

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.

 
2.7

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.


3.


Employees

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


4.


Debtors

2023
£


Trade debtors
6,324

Other debtors
100

6,424


Page 3

 
AMAX DIGITAL MARKETING LTD
 

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

5.


Cash and cash equivalents

2023
£

Cash at bank and in hand
6,977

6,977



6.


Creditors: Amounts falling due within one year

2023
£

Trade creditors
4,800

Other taxation and social security
5,099

Other creditors
23,463

33,362



7.


Share capital

2023
£
Allotted, called up and fully paid


100 Ordinary shares of £1.00 each
100





8.


Pension commitments

The Company operates a defined contributions pension scheme. The assets of the scheme are held
separately from those of the Company in an independently administered fund. The pension cost charge
represents contributions payable by the Company to the fund and amounted to £503. Contributions totalling £168 were payable to the fund at the balance sheet date and are included in other creditors.


9.


Related party transactions

At the period end the company owed £20,493 to Amax Fire and Security Limited, a company under common control.


10.


Controlling party

The company is controlled by its director.

Page 4