Caseware UK (AP4) 2022.0.179 2022.0.179 2023-12-312023-12-31falseNo description of principal activity2023-01-09false9trueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. 14580288 2023-01-08 14580288 2023-01-09 2023-12-31 14580288 2023-12-31 14580288 2022-01-09 2023-01-08 14580288 c:Director1 2023-01-09 2023-12-31 14580288 d:CurrentFinancialInstruments 2023-12-31 14580288 d:CurrentFinancialInstruments d:WithinOneYear 2023-12-31 14580288 d:ShareCapital 2023-12-31 14580288 d:RetainedEarningsAccumulatedLosses 2023-12-31 14580288 c:FRS102 2023-01-09 2023-12-31 14580288 c:AuditExempt-NoAccountantsReport 2023-01-09 2023-12-31 14580288 c:FullAccounts 2023-01-09 2023-12-31 14580288 c:PrivateLimitedCompanyLtd 2023-01-09 2023-12-31 iso4217:GBP xbrli:pure
Company registration number: 14580288







UNAUDITED FINANCIAL STATEMENTS
FOR THE PERIOD ENDED
31 DECEMBER 2023


VAAYU TECH LIMITED






































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VAAYU TECH LIMITED
REGISTERED NUMBER:14580288



STATEMENT OF FINANCIAL POSITION
AS AT 31 DECEMBER 2023

2023
Note
£

  

Current assets
  

Debtors: amounts falling due within one year
 4 
28,572

Cash at bank and in hand
  
4,074

  
32,646

Creditors: amounts falling due within one year
 5 
(23,051)

Net current assets
  
 
 
9,595

Total assets less current liabilities
  
9,595

  

Net assets
  
9,595


Capital and reserves
  

Called up share capital 
  
100

Profit and loss account
  
9,495

  
9,595


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: 




................................................
N Sandhu
Director

Date: 24 April 2024

The notes on pages 2 to 3 form part of these financial statements.

Page 1

 


VAAYU TECH LIMITED
 


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

1.


General information

Vaayu Tech Limited is a private company limited by shares incorporated in the United Kingdom under the Companies Act 2006 and is registered in England and Wales. The address of the Company's registered office is disclosed on the company information page.
The principal place of business is xxxx.
The company was incorporated on 9th January 2023 and commenced trading on 1st June 2023.
The company's functional and presentational currency is GBP.

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 charged based on the expensiture incurred, with a mark-up added. Revenue is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

 
2.3

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 Statement of financial position. The assets of the plan are held separately from the Company in independently administered funds.

 
2.4

Taxation

Tax is recognised in profit or loss except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the Company operates and generates income.

 
2.5

Financial instruments

The Company only enters into basic financial instrument 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.

Page 2

 


VAAYU TECH LIMITED
 


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

3.


Employees

The average monthly number of employees, including directors, during the period was 9.


4.


Debtors

2023
£


Trade debtors
10,845

Amounts owed by group undertakings
16,552

Prepayments and accrued income
1,175

28,572



5.


Creditors: Amounts falling due within one year

2023
£

Corporation tax
3,011

Other taxation and social security
10,824

Other creditors
2,578

Accruals and deferred income
6,638

23,051


 
Page 3