Caseware UK (AP4) 2023.0.135 2023.0.135 2023-11-302023-11-30truefalsefalse2022-12-0122trueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. 10460085 2022-12-01 2023-11-30 10460085 2021-12-01 2022-11-30 10460085 2023-11-30 10460085 2022-11-30 10460085 c:Director1 2022-12-01 2023-11-30 10460085 d:CurrentFinancialInstruments 2023-11-30 10460085 d:CurrentFinancialInstruments 2022-11-30 10460085 d:CurrentFinancialInstruments d:WithinOneYear 2023-11-30 10460085 d:CurrentFinancialInstruments d:WithinOneYear 2022-11-30 10460085 d:ShareCapital 2023-11-30 10460085 d:ShareCapital 2022-11-30 10460085 d:RetainedEarningsAccumulatedLosses 2022-12-01 2023-11-30 10460085 d:RetainedEarningsAccumulatedLosses 2023-11-30 10460085 d:RetainedEarningsAccumulatedLosses 2022-11-30 10460085 c:OrdinaryShareClass1 2022-12-01 2023-11-30 10460085 c:OrdinaryShareClass1 2023-11-30 10460085 c:OrdinaryShareClass1 2022-11-30 10460085 c:OrdinaryShareClass2 2022-12-01 2023-11-30 10460085 c:OrdinaryShareClass2 2023-11-30 10460085 c:OrdinaryShareClass2 2022-11-30 10460085 c:FRS102 2022-12-01 2023-11-30 10460085 c:AuditExempt-NoAccountantsReport 2022-12-01 2023-11-30 10460085 c:FullAccounts 2022-12-01 2023-11-30 10460085 c:PrivateLimitedCompanyLtd 2022-12-01 2023-11-30 10460085 2 2022-12-01 2023-11-30 10460085 6 2022-12-01 2023-11-30 10460085 e:PoundSterling 2022-12-01 2023-11-30 xbrli:shares iso4217:GBP xbrli:pure
Registered number: 10460085












ANELLA LIMITED

 
UNAUDITED

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 NOVEMBER 2023

 
ANELLA LIMITED
 

CONTENTS



Page
Balance sheet
 
1
Notes to the financial statements
 
2 - 5


 
ANELLA LIMITED
REGISTERED NUMBER:10460085

BALANCE SHEET
AS AT 30 NOVEMBER 2023

2023
2022
Note
£
£

  

Current assets
  

Debtors: amounts falling due within one year
 4 
100
100

Current asset investments
 5 
6,123,829
5,889,968

  
6,123,929
5,890,068

Creditors: amounts falling due within one year
 6 
(6,058,645)
(6,052,910)

Net current assets/(liabilities)
  
 
 
65,284
 
 
(162,842)

Total assets less current liabilities
  
65,284
(162,842)

  

Net assets/(liabilities)
  
65,284
(162,842)


Capital and reserves
  

Called up share capital 
 7 
2,100
2,100

Profit and loss account
 8 
63,184
(164,942)

  
65,284
(162,842)


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 on 23 August 2024.




Andrew Kirkland Bassadone
Director

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

1

 
ANELLA LIMITED
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 NOVEMBER 2023

1.


General information

Anella Limited is a private company, limited by shares, registered in England and Wales with registration number 10460085
The address of its registered office is 2 Royston Road, Richmond, London, TW10 6LT.
The principal activity of the company continues to be that of an investment company.

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

Foreign currency translation

Functional and presentation currency

The company's functional and presentational currency is pound sterling.

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 profit or loss except when deferred in other comprehensive income as qualifying cash flow hedges.

Foreign exchange gains and losses that relate to borrowings and cash and cash equivalents are presented in the profit and loss account within 'finance income or costs'. All other foreign exchange gains and losses are presented in profit or loss within 'other operating income'.

 
2.3

Interest income

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

 
2.4

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.

 
2.5

Borrowing costs

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

2

 
ANELLA LIMITED
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 NOVEMBER 2023

2.Accounting policies (continued)

 
2.6

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.

Deferred tax balances are recognised in respect of all timing differences that have originated but not reversed by the balance sheet date, except that:
The recognition of deferred tax assets is limited to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits; and
Any deferred tax balances are reversed if and when all conditions for retaining associated tax allowances have been met.

Deferred tax balances are not recognised in respect of permanent differences except in respect of business combinations, when deferred tax is recognised on the differences between the fair values of assets acquired and the future tax deductions available for them and the differences between the fair values of liabilities acquired and the amount that will be assessed for tax. Deferred tax is determined using tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

 
2.7

Valuation of investments

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 profit and loss account for the period. Where market value cannot be reliably determined, such investments are stated at historic cost less impairment.

Investments in listed company shares are remeasured to market value at each balance sheet date. Gains and losses on remeasurement are recognised in profit or loss for the period.

 
2.8

Debtors

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

 
2.9

 Creditors

Short-term creditors are measured at the transaction price. Other financial liabilities 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 2 (2022 - 2).

3

 
ANELLA LIMITED
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 NOVEMBER 2023

4.


Debtors

2023
2022
£
£


Called up share capital not paid
100
100



5.


Current asset investments

2023
2022
£
£

Investment portfolio
6,123,829
5,889,968



6.


Creditors: Amounts falling due within one year

2023
2022
£
£

Bank loans
1,086,507
1,086,389

Other creditors
4,949,559
4,949,558

Accruals and deferred income
22,579
16,963

6,058,645
6,052,910


The bank loan is secured by a fixed charge over an investment portfolio, and a lien in the form of a pledge over all present and future assets.


7.


Share capital

2023
2022
£
£
Authorised



100 (2022 - 100) A shares of £1.00 each
100
100
200,000 (2022 - 200,000) C shares of £0.01 each
2,000
2,000

2,100

2,100

Allotted, called up and fully paid



200,000 (2022 - 200,000) C shares of £0.01 each
2,000
2,000

Allotted, called up and partly paid



100 (2022 - 100) A shares of £1.00 each
100
100


4

 
ANELLA LIMITED
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 NOVEMBER 2023

8.


Reserves

Profit and loss account

Included in the Profit and loss reserve is a non-distributable credit balance of £52,384 (2022 - £198,578).


9.


Related party transactions

Included in other creditors is an amount of £4,949,559 (2022 - £4,949,559owed to the directors. 

 
5