Caseware UK (AP4) 2023.0.135 2023.0.135 2023-12-312023-12-31false2023-01-01No description of principal activity22truetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. 11108646 2023-01-01 2023-12-31 11108646 2022-01-01 2022-12-31 11108646 2023-12-31 11108646 2022-12-31 11108646 c:Director1 2023-01-01 2023-12-31 11108646 d:CurrentFinancialInstruments 2023-12-31 11108646 d:CurrentFinancialInstruments 2022-12-31 11108646 d:CurrentFinancialInstruments d:WithinOneYear 2023-12-31 11108646 d:CurrentFinancialInstruments d:WithinOneYear 2022-12-31 11108646 d:ShareCapital 2023-12-31 11108646 d:ShareCapital 2022-12-31 11108646 d:RetainedEarningsAccumulatedLosses 2023-12-31 11108646 d:RetainedEarningsAccumulatedLosses 2022-12-31 11108646 c:OrdinaryShareClass1 2023-01-01 2023-12-31 11108646 c:OrdinaryShareClass1 2023-12-31 11108646 c:OrdinaryShareClass1 2022-12-31 11108646 c:OrdinaryShareClass2 2023-01-01 2023-12-31 11108646 c:OrdinaryShareClass2 2023-12-31 11108646 c:OrdinaryShareClass2 2022-12-31 11108646 c:OrdinaryShareClass3 2023-01-01 2023-12-31 11108646 c:OrdinaryShareClass3 2023-12-31 11108646 c:OrdinaryShareClass3 2022-12-31 11108646 c:OrdinaryShareClass4 2023-01-01 2023-12-31 11108646 c:OrdinaryShareClass4 2023-12-31 11108646 c:OrdinaryShareClass4 2022-12-31 11108646 c:OrdinaryShareClass5 2023-01-01 2023-12-31 11108646 c:OrdinaryShareClass5 2023-12-31 11108646 c:OrdinaryShareClass5 2022-12-31 11108646 c:FRS102 2023-01-01 2023-12-31 11108646 c:AuditExempt-NoAccountantsReport 2023-01-01 2023-12-31 11108646 c:FullAccounts 2023-01-01 2023-12-31 11108646 c:PrivateLimitedCompanyLtd 2023-01-01 2023-12-31 11108646 2 2023-01-01 2023-12-31 xbrli:shares iso4217:GBP xbrli:pure
Registered number: 11108646


 

VICLIN LIMITED
 
UNAUDITED
 
ANNUAL REPORT
 
FOR THE YEAR ENDED 31 DECEMBER 2023

 
VICLIN LIMITED
REGISTERED NUMBER: 11108646

BALANCE SHEET
AS AT 31 DECEMBER 2023

2023
2022
Note
£
£

  

Current assets
  

Debtors: amounts falling due within one year
 3 
-
240

Bank and cash balances
  
18,166
17,862

  
18,166
18,102

Creditors: amounts falling due within one year
 4 
(12,843)
(11,518)

  

Net assets
  
5,323
6,584


Capital and reserves
  

Called up share capital 
 5 
100
100

Profit and loss account
  
5,223
6,484

  
5,323
6,584


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.

The company has opted not to file the profit and loss account 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: 




C P Smith
Director

Date: 18 June 2024

The notes on pages 2 to 5 form part of these financial statements.

Page 1

 
VICLIN LIMITED
 

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

1.Accounting policies

 
1.1

Basis of preparation of financial statements

Viclin Limited ("the company") is a limited liability company incorporated and domiciled in the United Kingdom. The address of its registered office is Sky View, Argosy Road, East Midlands Airport, Castle Donington, United Kingdom, DE74 2SA.
The financial statements are prepared in Sterling (£), which is the functional currency of the company. The financial statements are for the year ended 31 December 2023 (2022: the year ended 31 December 2022).

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with Section 1A of Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006.

The following principal accounting policies have been applied:

 
1.2

Turnover

Turnover is recognised to the extent that it is probable that the economic benefits will flow to the company and the turnover can be reliably measured. Turnover 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 turnover is recognised:

Rendering of services

Turnover 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 turnover 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.

 
1.3

Interest income

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

 
1.4

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 balance sheet. The assets of the plan are held separately from the company in independently administered funds.

Page 2

 
VICLIN LIMITED
 

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

1.Accounting policies (continued)

 
1.5

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.


2.


Employees

The average monthly number of employees, including directors, during the year was 2 (2022: 2).

Page 3

 
VICLIN LIMITED
 

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

3.


Debtors

2023
2022
£
£


Other debtors
-
240



4.


Creditors: Amounts falling due within one year

2023
2022
£
£

Trade creditors
1,400
217

Other taxation and social security
142
-

Other creditors
7,951
7,951

Accruals and deferred income
3,350
3,350

12,843
11,518


Page 4

 
VICLIN LIMITED
 

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

5.


Share capital

2023
2022
£
£
Allotted, called up and fully paid



15 (2022: 15) A Ordinary shares of £1 each
15
15
15 (2022: 15) B Ordinary shares of £1 each
15
15
10 (2022: 10) C Ordinary shares of £1 each
10
10
10 (2022: 10) D Ordinary shares of £1 each
10
10
10 (2022: 10) E Ordinary shares of £1 each
10
10
10 (2022: 10) F Ordinary shares of £1 each
10
10
30 (2022: 30) G Ordinary shares of £1 each
30
30

100

100



6.


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 £nil (2022: £80,000). There was £nil balance due at the year end.


Page 5