Caseware UK (AP4) 2023.0.135 2023.0.135 2023-09-302023-09-30truefalsefalsetrueDormant12022-10-011 02060500 2022-10-01 2023-09-30 02060500 2021-10-01 2022-09-30 02060500 2023-09-30 02060500 2022-09-30 02060500 c:Director1 2022-10-01 2023-09-30 02060500 d:FurnitureFittings 2022-10-01 2023-09-30 02060500 d:FurnitureFittings 2023-09-30 02060500 d:FurnitureFittings 2022-09-30 02060500 d:CurrentFinancialInstruments 2023-09-30 02060500 d:CurrentFinancialInstruments 2022-09-30 02060500 d:CurrentFinancialInstruments d:WithinOneYear 2023-09-30 02060500 d:CurrentFinancialInstruments d:WithinOneYear 2022-09-30 02060500 d:ShareCapital 2023-09-30 02060500 d:ShareCapital 2022-09-30 02060500 d:RetainedEarningsAccumulatedLosses 2023-09-30 02060500 d:RetainedEarningsAccumulatedLosses 2022-09-30 02060500 c:EntityHasNeverTraded 2022-10-01 2023-09-30 02060500 c:FRS102 2022-10-01 2023-09-30 02060500 c:AuditExempt-NoAccountantsReport 2022-10-01 2023-09-30 02060500 c:FullAccounts 2022-10-01 2023-09-30 02060500 c:PrivateLimitedCompanyLtd 2022-10-01 2023-09-30 02060500 e:PoundSterling 2022-10-01 2023-09-30 iso4217:GBP xbrli:pure

Registered number: 02060500










ASCONTI CONTRACTS LIMITED








UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 30 SEPTEMBER 2023

 
ASCONTI CONTRACTS LIMITED
REGISTERED NUMBER: 02060500

BALANCE SHEET
AS AT 30 SEPTEMBER 2023

2023
2022
Note
£
£

Fixed assets
  

Tangible assets
 3 
241
241

  
241
241

Current assets
  

Debtors: amounts falling due within one year
 4 
31
39,349

  
31
39,349

Creditors: amounts falling due within one year
 5 
(36,149)
(75,467)

Net current liabilities
  
 
 
(36,118)
 
 
(36,118)

Total assets less current liabilities
  
(35,877)
(35,877)

  

Net liabilities
  
(35,877)
(35,877)


Capital and reserves
  

Called up share capital 
  
100
100

Profit and loss account
  
(35,977)
(35,977)

  
(35,877)
(35,877)


Page 1

 
ASCONTI CONTRACTS LIMITED
REGISTERED NUMBER: 02060500
    
BALANCE SHEET (CONTINUED)
AS AT 30 SEPTEMBER 2023

For the year ended 30 September 2023 the Company was entitled to exemption from audit under section 480 of the Companies Act 2006.

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 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 on 16 August 2024.




N S Lebetkin
Director

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

Page 2

 
ASCONTI CONTRACTS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2023

1.


General information

The Company is a private company limited by share capital, incorporated in England and Wales. The address of its registered office is 14th Floor, 33 Cavendish Square, London, W1G 0PW.

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.

 
2.2

Going concern

The accounts have been prepared on a going concern basis which assumes the continuing support of the director.

 
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, on a reducing balance basis.

Depreciation is provided on the following basis:

Fixtures and fittings
-
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.

 
2.4

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.

 
2.5

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.

Page 3

 
ASCONTI CONTRACTS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2023

2.Accounting policies (continued)

 
2.6

Financial instruments

The Company has elected to apply the provisions of Section 11 “Basic Financial Instruments” of FRS 102 to all of its financial instruments.

Basic financial assets

Basic financial assets, which include trade and other receivables, cash and bank balances, are initially measured at their transaction price including transaction costs and are subsequently carried at their amortised cost using the effective interest method, less any provision for impairment, unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest.

Discounting is omitted where the effect of discounting is immaterial. The Company's cash and cash equivalents, trade and most other receivables due within the operating cycle fall into this category of financial instruments.

Financial liabilities

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instruments any contract that evidences a residual interest in the assets of the Company after the deduction of all its liabilities.

Basic financial liabilities, which include trade and other payables, bank loans and other loans are initially measured at their transaction price after transaction costs. When this constitutes a financing transaction, whereby the debt instrument is measured at the present value of the future receipts discounted at a market rate of interest. Discounting is omitted where the effect of discounting is immaterial.

Debt instruments are subsequently carried at their amortised cost using the effective interest rate method.

Trade payables are obligations to pay for goods and services that have been acquired in the ordinary course of business from suppliers. Trade payables are classified as current liabilities if the payment is due within one year. If not, they represent non-current liabilities. Trade payables are initially recognised at their transaction price and subsequently are measured at amortised cost using the effective interest method. Discounting is omitted where the effect of discounting is immaterial.

Derecognition of financial assets

Financial assets are derecognised when their contractual right to future cash flow expire, or are settled, or when the Company transfers the asset and substantially all the risks and rewards of ownership to another party. If significant risks and rewards of ownership are retained after the transfer to another party, then the Company will continue to recognise the value of the portion of the risks and rewards retained.

Derecognition of financial liabilities

Financial liabilities are derecognised when the Company's contractual obligations expire or are discharged or cancelled.

Page 4

 
ASCONTI CONTRACTS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2023

3.


Tangible fixed assets





Fixtures and fittings

£



Cost


At 1 October 2022
1,058



At 30 September 2023

1,058



Depreciation


At 1 October 2022
817



At 30 September 2023

817



Net book value



At 30 September 2023
241



At 30 September 2022
241


4.


Debtors

2023
2022
£
£


Other debtors
31
39,349



5.


Creditors: Amounts falling due within one year

2023
2022
£
£

Other creditors
36,149
75,467


Page 5

 
ASCONTI CONTRACTS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2023

6.


Related party transactions

At the balance sheet date, included in debtors, is a balance of £Nil (2022: £39,349) owed by a company in which the director has a material interest.
At the balance sheet date, included in creditors, is a balance of £35,549 (2022: £Nil) owed to a company in which the director has a material interest.
At the balance sheet date, included in creditors is a balance of £Nil (2022: £74,867) owed to the director.

Page 6