Caseware UK (AP4) 2023.0.135 2023.0.135 2023-11-302023-11-30true52022-12-01falseNo description of principal activity5falseThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.false 08786525 2022-12-01 2023-11-30 08786525 2021-12-01 2022-11-30 08786525 2023-11-30 08786525 2022-11-30 08786525 c:Director5 2022-12-01 2023-11-30 08786525 d:PatentsTrademarksLicencesConcessionsSimilar 2023-11-30 08786525 d:PatentsTrademarksLicencesConcessionsSimilar 2022-11-30 08786525 d:CurrentFinancialInstruments 2023-11-30 08786525 d:CurrentFinancialInstruments 2022-11-30 08786525 d:CurrentFinancialInstruments d:WithinOneYear 2023-11-30 08786525 d:CurrentFinancialInstruments d:WithinOneYear 2022-11-30 08786525 d:ShareCapital 2023-11-30 08786525 d:ShareCapital 2022-11-30 08786525 d:RetainedEarningsAccumulatedLosses 2023-11-30 08786525 d:RetainedEarningsAccumulatedLosses 2022-11-30 08786525 c:FRS102 2022-12-01 2023-11-30 08786525 c:AuditExempt-NoAccountantsReport 2022-12-01 2023-11-30 08786525 c:FullAccounts 2022-12-01 2023-11-30 08786525 c:PrivateLimitedCompanyLtd 2022-12-01 2023-11-30 08786525 d:PatentsTrademarksLicencesConcessionsSimilar d:OwnedIntangibleAssets 2022-12-01 2023-11-30 08786525 e:PoundSterling 2022-12-01 2023-11-30 iso4217:GBP xbrli:pure

Registered number: 08786525









COV-A-BLIND LTD







UNAUDITED

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 NOVEMBER 2023

 
COV-A-BLIND LTD
REGISTERED NUMBER: 08786525

BALANCE SHEET
AS AT 30 NOVEMBER 2023

2023
2022
Note
£
£

Fixed assets
  

Intangible assets
 4 
2,954
3,298

Current assets
  

Stocks
  
81,726
82,648

Debtors: amounts falling due within one year
 5 
3,702
2,981

Cash at bank and in hand
  
8,867
7,450

  
94,295
93,079

Creditors: amounts falling due within one year
 6 
(141,641)
(184,834)

Net current liabilities
  
 
 
(47,346)
 
 
(91,755)

  

Net liabilities
  
(44,392)
(88,457)


Capital and reserves
  

Called up share capital 
  
3
3

Profit and loss account
  
(44,395)
(88,460)

  
(44,392)
(88,457)


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 year 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.

Page 1

 
COV-A-BLIND LTD
REGISTERED NUMBER: 08786525
    
BALANCE SHEET (CONTINUED)
AS AT 30 NOVEMBER 2023

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 on 21 August 2024.




O Gualtieri
Director

The notes on pages 3 to 6 form part of these financial statements.

Page 2

 
COV-A-BLIND LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 NOVEMBER 2023

1.


General information

Cov-A-Blind Ltd ("the Company") is a private company limited by shares, incorporated in England and Wales. Its registered office is 16 Lockfield Avenue, Enfield, England, EN3 7PX. 

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 continues to have the support of entities under common control and the accounts have therefore been prepared on the going concern basis.

 
2.3

Foreign currency translation

Functional and presentation currency

The Company's functional and presentational currency is GBP.

Transactions and balances

Foreign currency transactions are translated into the functional currency using the spot exchange rates at the dates of the transactions.

At each period end foreign currency monetary items are translated using the closing rate. Non-monetary items measured at historical cost are translated using the exchange rate at the date of the transaction and non-monetary items measured at fair value are measured using the exchange rate when fair value was determined.

Foreign exchange gains and losses resulting from the settlement of transactions and from the translation at period-end exchange rates of monetary assets and liabilities denominated in foreign currencies are recognised in the Statement of income and retained earnings except when deferred in other comprehensive income as qualifying cash flow hedges.

 
2.4

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.

Page 3

 
COV-A-BLIND LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 NOVEMBER 2023

2.Accounting policies (continued)

 
2.5

Finance costs

Finance costs are charged to the Statement of income and retained earnings over the term of the debt using the effective interest method so that the amount charged is at a constant rate on the carrying amount. Issue costs are initially recognised as a reduction in the proceeds of the associated capital instrument.

 
2.6

Intangible assets

Intangible assets are initially recognised at cost. After recognition, under the cost model, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

All intangible assets are considered to have a finite useful life. If a reliable estimate of the useful life cannot be made, the useful life shall not exceed ten years.

 
2.7

Stocks

Stocks are stated at the lower of cost and net realisable value, being the estimated selling price less costs to complete and sell. Cost is based on the cost of purchase on a first in, first out basis.

 
2.8

Debtors

Short term debtors are measured at transaction price, less any impairment.

 
2.9

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. 

 
2.10

Creditors

Short term creditors are measured at the transaction price.


3.


Employees




The average monthly number of employees, including directors, during the year was 5 (2022 - 5).

Page 4

 
COV-A-BLIND LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 NOVEMBER 2023

4.


Intangible assets




Patents

£



Cost


At 1 December 2022
3,441



At 30 November 2023

3,441



Amortisation


At 1 December 2022
143


Charge for the year on owned assets
344



At 30 November 2023

487



Net book value



At 30 November 2023
2,954



At 30 November 2022
3,298




5.


Debtors

2023
2022
£
£


Trade debtors
143
2,869

Other debtors
1,103
112

Prepayments and accrued income
2,456
-

3,702
2,981


Page 5

 
COV-A-BLIND LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 NOVEMBER 2023

6.


Creditors: Amounts falling due within one year

2023
2022
£
£

Trade creditors
67,072
46,454

Other creditors
72,869
136,680

Accruals
1,700
1,700

141,641
184,834


 
Page 6