Caseware UK (AP4) 2023.0.135 2023.0.135 2024-05-312024-05-31trueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.true1No description of principal activity2023-06-01false1false 14088106 2023-06-01 2024-05-31 14088106 2022-05-05 2023-05-31 14088106 2024-05-31 14088106 2023-05-31 14088106 c:Director1 2023-06-01 2024-05-31 14088106 d:OfficeEquipment 2023-06-01 2024-05-31 14088106 d:OfficeEquipment 2024-05-31 14088106 d:OfficeEquipment 2023-05-31 14088106 d:OfficeEquipment d:OwnedOrFreeholdAssets 2023-06-01 2024-05-31 14088106 d:CurrentFinancialInstruments 2024-05-31 14088106 d:CurrentFinancialInstruments 2023-05-31 14088106 d:CurrentFinancialInstruments d:WithinOneYear 2024-05-31 14088106 d:CurrentFinancialInstruments d:WithinOneYear 2023-05-31 14088106 d:ShareCapital 2024-05-31 14088106 d:ShareCapital 2023-05-31 14088106 d:RetainedEarningsAccumulatedLosses 2024-05-31 14088106 d:RetainedEarningsAccumulatedLosses 2023-05-31 14088106 c:FRS102 2023-06-01 2024-05-31 14088106 c:AuditExempt-NoAccountantsReport 2023-06-01 2024-05-31 14088106 c:FullAccounts 2023-06-01 2024-05-31 14088106 c:PrivateLimitedCompanyLtd 2023-06-01 2024-05-31 14088106 2 2023-06-01 2024-05-31 14088106 e:PoundSterling 2023-06-01 2024-05-31 iso4217:GBP xbrli:pure

Registered number: 14088106









TAGLAW LIMITED







UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE PERIOD ENDED 31 MAY 2024

 
TAGLAW LIMITED
REGISTERED NUMBER: 14088106

BALANCE SHEET
AS AT 31 MAY 2024

2024
2024
2023
2023
Note
£
£
£
£

Fixed assets
  

Tangible assets
 4 
442
590

  
442
590

Current assets
  

Debtors: amounts falling due within one year
 5 
12,803
5,289

Cash at bank and in hand
 6 
697,589
394,937

  
710,392
400,226

Creditors: amounts falling due within one year
 7 
(158,863)
(174,824)

Net current assets
  
 
 
551,529
 
 
225,402

Total assets less current liabilities
  
551,971
225,992

  

Net assets
  
551,971
225,992


Capital and reserves
  

Called up share capital 
  
10
10

Profit and loss account
  
551,961
225,982

  
551,971
225,992


Page 1

 
TAGLAW LIMITED
REGISTERED NUMBER: 14088106
    
BALANCE SHEET (CONTINUED)
AS AT 31 MAY 2024

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 his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The Company's financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

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: 




................................................
T Garrood
Director

Date: 10 September 2024

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

Page 2

 
TAGLAW LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 MAY 2024

1.


General information

Taglaw Limited is a private company limited by shares. The company is incorporated in England and Wales and its registered office is Aston House, Cornwall Avenue, London, N3 1LF. The company registration number is 14088106.

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 Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006.

The preparation of financial statements in compliance with FRS 102 requires the use of certain critical accounting estimates. It also requires management to exercise judgment in applying the Company's accounting policies.

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

Interest income

Interest income is recognised in profit or loss using the effective interest method.

 
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 corporation 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

 
TAGLAW LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 MAY 2024

2.Accounting policies (continued)

 
2.5

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, on a reducing balance basis.

Depreciation is provided on the following basis:

Office equipment
-
25%

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.

 
2.6

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.

 
2.7

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.

 
2.8

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.

Page 4

 
TAGLAW LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 MAY 2024

3.


Employees

2024
2023
£
£

Wages and salaries
9,100
9,100

9,100
9,100


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


        2024
        2023
            No.
            No.







Director
1
1


4.


Tangible fixed assets





Office equipment

£



Cost or valuation


At 1 June 2023
750



At 31 May 2024

750



Depreciation


At 1 June 2023
160


Charge for the period on owned assets
148



At 31 May 2024

308



Net book value



At 31 May 2024
442



At 31 May 2023
590

Page 5

 
TAGLAW LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 MAY 2024

5.


Debtors

2024
2023
£
£


Trade debtors
12,803
5,289

12,803
5,289



6.


Cash and cash equivalents

2024
2023
£
£

Cash at bank and in hand
697,589
394,937

697,589
394,937



7.


Creditors: Amounts falling due within one year

2024
2023
£
£

Corporation tax
109,543
72,797

Other taxation and social security
33,565
21,725

Other creditors
14,235
78,802

Accruals and deferred income
1,520
1,500

158,863
174,824


 
Page 6