Caseware UK (AP4) 2023.0.135 2023.0.135 2023-12-312023-12-31false2023-01-01falseNo description of principal activity33truetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. 08815996 2023-01-01 2023-12-31 08815996 2022-01-01 2022-12-31 08815996 2023-12-31 08815996 2022-12-31 08815996 c:Director2 2023-01-01 2023-12-31 08815996 d:OtherPropertyPlantEquipment 2023-01-01 2023-12-31 08815996 d:OtherPropertyPlantEquipment 2023-12-31 08815996 d:OtherPropertyPlantEquipment 2022-12-31 08815996 d:PatentsTrademarksLicencesConcessionsSimilar 2023-12-31 08815996 d:PatentsTrademarksLicencesConcessionsSimilar 2022-12-31 08815996 d:DevelopmentCostsCapitalisedDevelopmentExpenditure 2023-12-31 08815996 d:DevelopmentCostsCapitalisedDevelopmentExpenditure 2022-12-31 08815996 d:CurrentFinancialInstruments 2023-12-31 08815996 d:CurrentFinancialInstruments 2022-12-31 08815996 d:CurrentFinancialInstruments d:WithinOneYear 2023-12-31 08815996 d:CurrentFinancialInstruments d:WithinOneYear 2022-12-31 08815996 d:ShareCapital 2023-12-31 08815996 d:ShareCapital 2022-12-31 08815996 d:SharePremium 2023-12-31 08815996 d:SharePremium 2022-12-31 08815996 d:CapitalRedemptionReserve 2023-12-31 08815996 d:CapitalRedemptionReserve 2022-12-31 08815996 d:RetainedEarningsAccumulatedLosses 2023-12-31 08815996 d:RetainedEarningsAccumulatedLosses 2022-12-31 08815996 c:OrdinaryShareClass1 2023-01-01 2023-12-31 08815996 c:OrdinaryShareClass1 2023-12-31 08815996 c:OrdinaryShareClass1 2022-12-31 08815996 c:FRS102 2023-01-01 2023-12-31 08815996 c:AuditExempt-NoAccountantsReport 2023-01-01 2023-12-31 08815996 c:FullAccounts 2023-01-01 2023-12-31 08815996 c:PrivateLimitedCompanyLtd 2023-01-01 2023-12-31 08815996 d:PatentsTrademarksLicencesConcessionsSimilar d:ExternallyAcquiredIntangibleAssets 2023-01-01 2023-12-31 08815996 d:DevelopmentCostsCapitalisedDevelopmentExpenditure d:ExternallyAcquiredIntangibleAssets 2023-01-01 2023-12-31 08815996 6 2023-01-01 2023-12-31 08815996 d:ExternallyAcquiredIntangibleAssets 2023-01-01 2023-12-31 08815996 d:PatentsTrademarksLicencesConcessionsSimilar d:OwnedIntangibleAssets 2023-01-01 2023-12-31 08815996 d:DevelopmentCostsCapitalisedDevelopmentExpenditure d:OwnedIntangibleAssets 2023-01-01 2023-12-31 08815996 e:PoundSterling 2023-01-01 2023-12-31 xbrli:shares iso4217:GBP xbrli:pure

Registered number: 08815996









ALC.TV LIMITED







UNAUDITED

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2023

 
ALC.TV LIMITED
REGISTERED NUMBER:08815996

BALANCE SHEET
AS AT 31 DECEMBER 2023

2023
2022
Note
£
£

Fixed assets
  

Intangible assets
 4 
842,166
872,549

Investments
 6 
69
69

  
842,235
872,618

Current assets
  

Debtors: amounts falling due within one year
 7 
938,274
681,260

Cash at bank and in hand
  
53,733
404,406

  
992,007
1,085,666

Creditors: amounts falling due within one year
 8 
(1,384,599)
(1,553,175)

Net current liabilities
  
 
 
(392,592)
 
 
(467,509)

  

Net assets
  
449,643
405,109


Capital and reserves
  

Called up share capital 
 9 
651
822

Share premium account
  
424,915
424,915

Capital redemption reserve
  
268
97

Profit and loss account
  
23,809
(20,725)

  
449,643
405,109


Page 1

 
ALC.TV LIMITED
REGISTERED NUMBER:08815996
    
BALANCE SHEET (CONTINUED)
AS AT 31 DECEMBER 2023

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 statement of comprehensive income 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 19 September 2024.



M Accardi
Director

The notes on pages 3 to 7 form part of these financial statements.

Page 2

 
ALC.TV LIMITED
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023

1.


General information

ALC.TV Limited ("the Company") is a private company limited by shares, incorporated in England and Wales. Its registered office is Unit 15, 1st Quarter Blenheim Road, Epsom, England, KT19 9QN. 

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

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.

 
2.3

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, provided on the following annual basis.


Computer equipment
-
33% Straight line

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 the Statement of comprehensive income.

 
2.4

Valuation of investments

Investments in subsidiaries are measured at cost less accumulated impairment.

 
2.5

Debtors

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

Page 3

 
ALC.TV LIMITED
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023

2.Accounting policies (continued)

 
2.6

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.

 
2.7

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.

 
2.8

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 comprehensive income.

 
2.9

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.


3.


Employees

The average monthly number of employees, including directors, during the year was 3 (2022 - 3).

Page 4

 
ALC.TV LIMITED
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023

4.


Intangible assets




Patents
Development
Total

£
£
£



Cost


At 1 January 2023
29,811
1,187,377
1,217,188


Additions
-
32,081
32,081



At 31 December 2023

29,811
1,219,458
1,249,269



Amortisation


At 1 January 2023
13,050
331,589
344,639


Charge for the year on owned assets
1,491
60,973
62,464



At 31 December 2023

14,541
392,562
407,103



Net book value



At 31 December 2023
15,270
826,896
842,166



At 31 December 2022
16,761
855,788
872,549



Page 5

 
ALC.TV LIMITED
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023

5.


Tangible fixed assets





Computer Equipment

£



Cost


At 1 January 2023
9,437



At 31 December 2023

9,437



Depreciation


At 1 January 2023
9,437



At 31 December 2023

9,437



Net book value



At 31 December 2023
-



At 31 December 2022
-


6.


Fixed asset investments





Investments in subsidiary companies

£



Cost or valuation


At 1 January 2023
69



At 31 December 2023
69




Page 6

 
ALC.TV LIMITED
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023

7.


Debtors

2023
2022
£
£


Trade debtors
336,697
336,697

Amounts owed by group undertakings
98,131
-

Other debtors
3,436
2,313

Prepayments and accrued income
500,010
342,250

938,274
681,260



8.


Creditors: Amounts falling due within one year

2023
2022
£
£

Trade creditors
7,403
6,880

Amounts owed to group undertakings
1,377,184
1,485,435

Other creditors
12
60,860

1,384,599
1,553,175



9.


Share capital

2023
2022
£
£
Allotted, called up and partly paid



65,101 (2022 - 82,200) Ordinary shares of £0.01 each
651
822

During the year, the company repurchased and subsequently cancelled 17,099 of its own shares for consideration of £488,542.



10.


Related party transactions

At the year end, the company owed amounts of £Nil (2022 - £60,848) to its directors.

 
Page 7