Caseware UK (AP4) 2023.0.135 2023.0.135 2023-10-312023-10-311No description of principal activitytruefalse1The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.2022-11-01truefalse 09247811 2022-11-01 2023-10-31 09247811 2021-11-01 2022-10-31 09247811 2023-10-31 09247811 2022-10-31 09247811 c:Director1 2022-11-01 2023-10-31 09247811 d:CurrentFinancialInstruments 2023-10-31 09247811 d:CurrentFinancialInstruments 2022-10-31 09247811 d:CurrentFinancialInstruments d:WithinOneYear 2023-10-31 09247811 d:CurrentFinancialInstruments d:WithinOneYear 2022-10-31 09247811 d:ShareCapital 2023-10-31 09247811 d:ShareCapital 2022-10-31 09247811 d:RetainedEarningsAccumulatedLosses 2023-10-31 09247811 d:RetainedEarningsAccumulatedLosses 2022-10-31 09247811 c:OrdinaryShareClass1 2022-11-01 2023-10-31 09247811 c:OrdinaryShareClass1 2023-10-31 09247811 c:OrdinaryShareClass1 2022-10-31 09247811 c:FRS102 2022-11-01 2023-10-31 09247811 c:AuditExempt-NoAccountantsReport 2022-11-01 2023-10-31 09247811 c:FullAccounts 2022-11-01 2023-10-31 09247811 c:PrivateLimitedCompanyLtd 2022-11-01 2023-10-31 09247811 e:PoundSterling 2022-11-01 2023-10-31 xbrli:shares iso4217:GBP xbrli:pure

Registered number: 09247811










AONC LIMITED








UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 31 OCTOBER 2023



 
AONC LIMITED
REGISTERED NUMBER: 09247811

BALANCE SHEET
AS AT 31 OCTOBER 2023

2023
2022
Note
£
£

  

Current assets
  

Debtors: amounts falling due within one year
 3 
22,493
21,184

Cash at bank and in hand
  
824
3,176

  
23,317
24,360

Current liabilities
  

Creditors: amounts falling due within one year
 4 
(13,240)
(8,698)

Net current assets
  
 
 
10,077
 
 
15,662

Total assets less current liabilities
  
10,077
15,662

  

Net assets
  
10,077
15,662


Capital and reserves
  

Called up share capital 
 5 
1
1

Profit and loss account
  
10,076
15,661

  
10,077
15,662


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 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: 


A P Swaisland
Director

Date: 26 July 2024

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

Page 1

 
AONC LIMITED
 

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

1.


General information

AONC Limited is a private company, limited by share capital and incorporated in England and Wales.  
The company's registered office address is Unit 14 Kingfisher Court, Newbury, RG14 5SJ and its principal place of business is Unit 6 Kingfisher Court, Hambridge Road, Newbury, Berkshire, RG14 5SJ.

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 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.

 
2.3

Government grants

Grants are accounted under the accruals model as permitted by FRS 102. Grants relating to expenditure on tangible fixed assets are credited to profit or loss at the same rate as the depreciation on the assets to which the grant relates. The deferred element of grants is included in creditors as deferred income.
Grants of a revenue nature are recognised in the Statement of Comprehensive Income in the same period as the related expenditure.

 
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

 
AONC LIMITED
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 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

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.

 
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.

 
2.8

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 balance sheet date in the countries where the Company operates and generates income.

 
2.9

Dividends

Equity dividends are recognised when they become legally payable. Interim equity dividends are recognised when paid. Final equity dividends are recognised when approved by the shareholders at an annual general meeting.


3.


Debtors

2023
2022
£
£

Other debtors
22,493
21,184


Page 3

 
AONC LIMITED
 

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

4.


Creditors: Amounts falling due within one year

2023
2022
£
£

Trade creditors
211
1,638

Corporation tax
-
2,209

Other creditors
11,169
3,111

Accruals and deferred income
1,860
1,740

13,240
8,698



5.


Share capital

2023
2022
£
£
Authorised, allotted and called up



1,000 (2022 - 1,000) Ordinary shares of £0.001 each
1
1



6.


Controlling party

The controlling party is A P Swaisland by virtue of his shareholding.

Page 4