Caseware UK (AP4) 2023.0.135 2023.0.135 12023-01-01falseNo description of principal activity1truetruefalse 11881674 2023-01-01 2023-12-31 11881674 2022-01-01 2022-12-31 11881674 2023-12-31 11881674 2022-12-31 11881674 2022-01-01 11881674 c:Director1 2023-01-01 2023-12-31 11881674 d:OfficeEquipment 2023-01-01 2023-12-31 11881674 d:OfficeEquipment 2023-12-31 11881674 d:OfficeEquipment 2022-12-31 11881674 d:OfficeEquipment d:OwnedOrFreeholdAssets 2023-01-01 2023-12-31 11881674 d:CurrentFinancialInstruments 2023-12-31 11881674 d:CurrentFinancialInstruments 2022-12-31 11881674 d:CurrentFinancialInstruments d:WithinOneYear 2023-12-31 11881674 d:CurrentFinancialInstruments d:WithinOneYear 2022-12-31 11881674 d:ShareCapital 2023-12-31 11881674 d:ShareCapital 2022-12-31 11881674 d:RetainedEarningsAccumulatedLosses 2023-12-31 11881674 d:RetainedEarningsAccumulatedLosses 2022-12-31 11881674 c:FRS102 2023-01-01 2023-12-31 11881674 c:Audited 2023-01-01 2023-12-31 11881674 c:FullAccounts 2023-01-01 2023-12-31 11881674 c:PrivateLimitedCompanyLtd 2023-01-01 2023-12-31 11881674 c:SmallCompaniesRegimeForAccounts 2023-01-01 2023-12-31 11881674 d:AcceleratedTaxDepreciationDeferredTax 2023-12-31 11881674 d:AcceleratedTaxDepreciationDeferredTax 2022-12-31 11881674 d:TaxLossesCarry-forwardsDeferredTax 2023-12-31 11881674 d:TaxLossesCarry-forwardsDeferredTax 2022-12-31 11881674 e:PoundSterling 2023-01-01 2023-12-31 iso4217:GBP xbrli:pure

Registered number: 11881674









TON UK, LTD









Financial statements

For the year ended 31 December 2023

 
TON UK, LTD
Registered number: 11881674

Statement of financial position
As at 31 December 2023

2023
2022
Note
£
£

Fixed assets
  

Tangible assets
 4 
348
364

  
348
364

Current assets
  

Stocks
  
253
448

Debtors: amounts falling due within one year
 5 
11,186
9,512

Cash at bank and in hand
  
191,547
87,359

  
202,986
97,319

Creditors: amounts falling due within one year
 6 
(168,313)
(122,555)

Net current assets/(liabilities)
  
 
 
34,673
 
 
(25,236)

Total assets less current liabilities
  
35,021
(24,872)

Provisions for liabilities
  

Deferred tax
 7 
(65)
-

  
 
 
(65)
 
 
-

Net assets/(liabilities)
  
34,956
(24,872)


Capital and reserves
  

Called up share capital 
  
10,000
10,000

Profit and loss account
  
24,956
(34,872)

  
34,956
(24,872)


Page 1

 
TON UK, LTD
Registered number: 11881674
    
Statement of financial position (continued)
As at 31 December 2023

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 on 30 April 2024.




Milan Dostalik
Director

The notes on pages 3 to 9 form part of these financial statements.

Page 2

 
TON UK, LTD
 
 
 
Notes to the financial statements
For the year ended 31 December 2023

1.


General information

The company is a private company lmited by share capital, incorporated in England & Wales. The
company number and registered office address are:
Company number:                11881674
Registered office address:     20-22 Wenlock Road
                                           London
                                           England
                                           N1 7GU

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 made a profit for the period and at the reporting date has net assets however as of 31
December 2022 it had net liabilities. The directors have obtained assurance from the parent company that funds will be made available to the company so that it will be able to carry on trading and meet its financial obligations as and when they fall due for at least twelve months from the date the accounts are approved. The accounts have been prepared on a going concern basis on this assumption.

 
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.

Page 3

 
TON UK, LTD
 
 
 
Notes to the financial statements
For the year ended 31 December 2023

2.Accounting policies (continued)

 
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. 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.

 
2.5

Finance costs

Finance costs are charged to profit or loss 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

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.

Page 4

 
TON UK, LTD
 
 
 
Notes to the financial statements
For the year ended 31 December 2023

2.Accounting policies (continued)

 
2.7

Current and deferred taxation

The tax expense for the year comprises current and deferred tax. 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.

Deferred tax balances are recognised in respect of all timing differences that have originated but not reversed by the reporting date, except that:
The recognition of deferred tax assets is limited to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits; and
Any deferred tax balances are reversed if and when all conditions for retaining associated tax allowances have been met.

Deferred tax balances are not recognised in respect of permanent differences except in respect of business combinations, when deferred tax is recognised on the differences between the fair values of assets acquired and the future tax deductions available for them and the differences between the fair values of liabilities acquired and the amount that will be assessed for tax. Deferred tax is determined using tax rates and laws that have been enacted or substantively enacted by the reporting date.

 
2.8

Tangible fixed assets

Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management.

Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, using the straight-line method.

Depreciation is provided on the following basis:

Office equipment
-
50%
or 33.3%

The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date.

Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in profit or loss.

Page 5

 
TON UK, LTD
 
 
 
Notes to the financial statements
For the year ended 31 December 2023

2.Accounting policies (continued)

 
2.9

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. Work in progress and finished goods include labour and attributable overheads.

At each reporting date, stocks are assessed for impairment. If stock is impaired, the carrying amount is reduced to its selling price less costs to complete and sell. The impairment loss is recognised immediately in profit or loss.

 
2.10

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.

 
2.11

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.

 
2.12

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.

 
2.13

Provisions for liabilities

Provisions are recognised when an event has taken place that gives rise to a legal or constructive obligation, a transfer of economic benefits is probable and a reliable estimate can be made.
Provisions are measured as the best estimate of the amount required to settle the obligation, taking into account the related risks and uncertainties.
 
Increases in provisions are generally charged as an expense to profit or loss.

Page 6

 
TON UK, LTD
 
 
 
Notes to the financial statements
For the year ended 31 December 2023

3.


Employees

2023
2022
£
£

Wages and salaries
38,295
73,694

Social security costs
2,435
4,365

Cost of defined contribution scheme
781
1,316

41,511
79,375


The average monthly number of employees, including directors, during the year was 1 (2022 - 1).


4.


Tangible fixed assets





Office equipment

£



Cost or valuation


At 1 January 2023
2,169


Additions
695


Disposals
(728)



At 31 December 2023

2,136



Depreciation


At 1 January 2023
1,805


Charge for the year on owned assets
347


Disposals
(364)



At 31 December 2023

1,788



Net book value



At 31 December 2023
348



At 31 December 2022
364


5.


Debtors

2023
2022
£
£


Trade debtors
5,017
1,062
Page 7

 
TON UK, LTD
 
 
 
Notes to the financial statements
For the year ended 31 December 2023

5.Debtors (continued)


Other debtors
5,915
-

Prepayments and accrued income
254
256

Deferred taxation
-
8,194

11,186
9,512



6.


Creditors: Amounts falling due within one year

2023
2022
£
£

Payments received on account
89,508
31,320

Trade creditors
950
1,300

Amounts owed to group undertakings
23,522
57,433

Corporation tax
7,583
-

Other taxation and social security
31,428
16,872

Other creditors
3,483
8,948

Accruals and deferred income
11,839
6,682

168,313
122,555



7.


Deferred taxation




2023
2022


£

£






At beginning of year
8,194
9,704


Utilised in year
(8,259)
(1,510)



At end of year
(65)
8,194

Page 8

 
TON UK, LTD
 
 
 
Notes to the financial statements
For the year ended 31 December 2023
 
7.Deferred taxation (continued)

The deferred taxation balance is made up as follows:

2023
2022
£
£


Accelerated capital allowances
(66)
(69)

Tax losses carried forward
-
8,263

(66)
8,194


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 £781 (2022: £1,316). Contributions totalling £257 (2022: £257) were payable to the fund at the balance sheet date and are included in creditors.


9.


Related party transactions

The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102
'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related
party transactions with wholly owned subsidiaries within the group.


10.


Controlling party

The immediate and ultimate parent undertaking is TON a.s., which is incorporated in Czech Republic.
Copies of its group accounts can be obtained from Michaela Thoneta 148, 76861 Bystrice pod Hostynem,
Czech Republic.


11.


Auditors' information

The auditors' report on the financial statements for the year ended 31 December 2023 was unqualified.

The audit report was signed on 30 April 2024 by Mr Ashvinkumar Shonchhatra FCA (Senior statutory auditor) on behalf of Ashon Limited.

 
Page 9