Caseware UK (AP4) 2023.0.135 2023.0.135 2024-03-312024-03-31true1falsefalseThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.2022-11-30falseNo description of principal activity 14515083 2022-11-29 14515083 2022-11-30 2024-03-31 14515083 2021-11-30 2022-11-29 14515083 2024-03-31 14515083 c:Director1 2022-11-30 2024-03-31 14515083 d:CurrentFinancialInstruments 2024-03-31 14515083 d:CurrentFinancialInstruments d:WithinOneYear 2024-03-31 14515083 d:ShareCapital 2024-03-31 14515083 d:RetainedEarningsAccumulatedLosses 2024-03-31 14515083 c:OrdinaryShareClass1 2022-11-30 2024-03-31 14515083 c:OrdinaryShareClass1 2024-03-31 14515083 c:FRS102 2022-11-30 2024-03-31 14515083 c:AuditExempt-NoAccountantsReport 2022-11-30 2024-03-31 14515083 c:FullAccounts 2022-11-30 2024-03-31 14515083 c:PrivateLimitedCompanyLtd 2022-11-30 2024-03-31 14515083 e:PoundSterling 2022-11-30 2024-03-31 xbrli:shares iso4217:GBP xbrli:pure

Registered number: 14515083










MDE VISION LIMITED








UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE PERIOD ENDED 31 MARCH 2024

 
MDE VISION LIMITED
REGISTERED NUMBER: 14515083

BALANCE SHEET
AS AT 31 MARCH 2024

2024
Note
£

  

Current assets
  

Debtors: amounts falling due within one year
 4 
24,899

Cash at bank and in hand
 5 
103,569

  
128,468

Creditors: amounts falling due within one year
 6 
(33,419)

Net current assets
  
 
 
95,049

Total assets less current liabilities
  
95,049

  

Net assets
  
95,049


Capital and reserves
  

Called up share capital 
  
1

Profit and loss account
  
95,048

  
95,049


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 her 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: 



M D Edington
Director

Date: 12 August 2024

The notes on pages 3 to 5 form part of these financial statements.
Page 1

 
MDE VISION LIMITED
REGISTERED NUMBER: 14515083
    
BALANCE SHEET (CONTINUED)
AS AT 31 MARCH 2024


Page 2

 
MDE VISION LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 MARCH 2024

1.


General information

MDE Vision Limited is a private company, limited by shares, registered in England and Wales registration number 14515083. The registered office is Century House, 1 The Lakes, Northampton, Northamptonshire,NN4 7HD. 
The company was incorporated on 30 November 2022 and started to trade on 14 June 2023.

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

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

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.

Page 3

 
MDE VISION LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 MARCH 2024

2.Accounting policies (continued)

 
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.

 
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.


3.


Employees




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


        2024
            No.






Directors
1


4.


Debtors

2024
£


Prepayments and accrued income
24,899



5.


Cash and cash equivalents

2024
£

Cash at bank and in hand
103,569


Page 4

 
MDE VISION LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 MARCH 2024

6.


Creditors: Amounts falling due within one year

2024
£

Trade creditors
300

Corporation tax
30,187

Other creditors
1,132

Accruals and deferred income
1,800

33,419



7.


Share capital

2024
£
Allotted, called up and fully paid


1 Ordinary share of £1.00
1


At 30 November 2022 1 Ordinary share of £1 was issued.

 
Page 5