Caseware UK (AP4) 2023.0.135 2023.0.135 2023-12-312023-12-312023-01-01falsetrueHolding company11falseThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.false 12482675 2023-01-01 2023-12-31 12482675 2022-03-01 2022-12-31 12482675 2023-12-31 12482675 2022-12-31 12482675 c:Director1 2023-01-01 2023-12-31 12482675 d:CurrentFinancialInstruments 2023-12-31 12482675 d:CurrentFinancialInstruments 2022-12-31 12482675 d:Non-currentFinancialInstruments 2023-12-31 12482675 d:Non-currentFinancialInstruments 2022-12-31 12482675 d:CurrentFinancialInstruments d:WithinOneYear 2023-12-31 12482675 d:CurrentFinancialInstruments d:WithinOneYear 2022-12-31 12482675 d:Non-currentFinancialInstruments d:AfterOneYear 2023-12-31 12482675 d:Non-currentFinancialInstruments d:AfterOneYear 2022-12-31 12482675 d:Non-currentFinancialInstruments d:BetweenOneTwoYears 2023-12-31 12482675 d:Non-currentFinancialInstruments d:BetweenOneTwoYears 2022-12-31 12482675 d:Non-currentFinancialInstruments d:BetweenTwoFiveYears 2023-12-31 12482675 d:Non-currentFinancialInstruments d:BetweenTwoFiveYears 2022-12-31 12482675 d:Non-currentFinancialInstruments d:MoreThanFiveYears 2023-12-31 12482675 d:Non-currentFinancialInstruments d:MoreThanFiveYears 2022-12-31 12482675 d:ShareCapital 2023-12-31 12482675 d:ShareCapital 2022-12-31 12482675 d:CapitalRedemptionReserve 2023-12-31 12482675 d:CapitalRedemptionReserve 2022-12-31 12482675 d:RetainedEarningsAccumulatedLosses 2023-12-31 12482675 d:RetainedEarningsAccumulatedLosses 2022-12-31 12482675 c:OrdinaryShareClass1 2023-01-01 2023-12-31 12482675 c:OrdinaryShareClass1 2023-12-31 12482675 c:OrdinaryShareClass1 2022-12-31 12482675 c:FRS102 2023-01-01 2023-12-31 12482675 c:AuditExempt-NoAccountantsReport 2023-01-01 2023-12-31 12482675 c:FullAccounts 2023-01-01 2023-12-31 12482675 c:PrivateLimitedCompanyLtd 2023-01-01 2023-12-31 12482675 6 2023-01-01 2023-12-31 12482675 e:PoundSterling 2023-01-01 2023-12-31 iso4217:GBP xbrli:shares xbrli:pure
Registered number: 12482675


TRANSFUGA LIMITED








UNAUDITED

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2023

 
TRANSFUGA LIMITED
REGISTERED NUMBER: 12482675

BALANCE SHEET
AS AT 31 DECEMBER 2023

2023
2022
Note
£
£

Fixed assets
  

Investments
 4 
536,936
536,936

  
536,936
536,936

Current assets
  

Cash at bank and in hand
 5 
1
1

  
1
1

Creditors: amounts falling due within one year
 6 
(17,123)
(16,123)

Net current liabilities
  
 
 
(17,122)
 
 
(16,122)

Total assets less current liabilities
  
519,814
520,814

Creditors: amounts falling due after more than one year
 7 
(72,553)
(88,676)

  

Net assets
  
447,261
432,138


Capital and reserves
  

Called up share capital 
 9 
267,129
267,129

Capital redemption reserve
  
267,128
267,128

Profit and loss account
  
(86,996)
(102,119)

  
447,261
432,138


Page 1

 
TRANSFUGA LIMITED
REGISTERED NUMBER: 12482675
    
BALANCE SHEET (CONTINUED)
AS AT 31 DECEMBER 2023

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 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: 




................................................
Mr K A Joynson
Director

Date: 19 September 2024

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

Page 2

 
TRANSFUGA LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023

1.


General information

Transfuga Limited is a limited company incorporated in England being part of the United Kingdom whose registered office and principle place of business is 168-170 Cumnor Road, Boars Hill, Oxford, England, OX1 5JS.
The company was incorporated 25 February 2020.

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

Borrowing costs

All borrowing costs are recognised in profit or loss in the year in which they are incurred.

 
2.3

Valuation of investments

Investments in subsidiaries are measured at cost less accumulated impairment.

Investments in unlisted Company shares, whose market value can be reliably determined, are remeasured to market value at each balance sheet date. Gains and losses on remeasurement are recognised in the Statement of income and retained earnings for the period. Where market value cannot be reliably determined, such investments are stated at historic cost less impairment.

 
2.4

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.

 
2.5

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 directors, during the year was 1 (2022 - 1).

Page 3

 
TRANSFUGA LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023

4.


Fixed asset investments





Investments in subsidiary companies

£



Cost or valuation


At 1 January 2023
536,936



At 31 December 2023
536,936





5.


Cash and cash equivalents

2023
2022
£
£

Cash at bank and in hand
1
1

1
1



6.


Creditors: Amounts falling due within one year

2023
2022
£
£

Share buyback loan
16,123
16,123

Accruals and deferred income
1,000
-

17,123
16,123



7.


Creditors: Amounts falling due after more than one year

2023
2022
£
£

Share buyback loan
72,553
88,676

72,553
88,676


Page 4

 
TRANSFUGA LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023

8.


Loans


Analysis of the maturity of loans is given below:


2023
2022
£
£

Amounts falling due within one year

Share buyback loan
16,123
16,123


16,123
16,123

Amounts falling due 1-2 years

Share buyback loan
16,123
16,123


16,123
16,123

Amounts falling due 2-5 years

Share buyback loan
32,246
32,246


32,246
32,246

Amounts falling due after more than 5 years

Share buyback loan
24,184
40,307

24,184
40,307

88,676
104,799



9.


Share capital

2023
2022
£
£
Allotted, called up and fully paid



267,129 (2022 - 267,129) Ordinary shares of £1.00 each
267,129
267,129



10.


Controlling party

The ultimate controlling party is Mr K A Joynson who owns the entirety of the company's shareholding.

 
Page 5