Caseware UK (AP4) 2023.0.135 2023.0.135 2024-06-302024-06-30falseNo description of principal activitytrue2023-10-0111trueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.false SC641832 2023-10-01 2024-06-30 SC641832 2022-10-01 2023-09-30 SC641832 2024-06-30 SC641832 2023-09-30 SC641832 c:Director1 2023-10-01 2024-06-30 SC641832 c:RegisteredOffice 2023-10-01 2024-06-30 SC641832 d:ComputerEquipment 2023-10-01 2024-06-30 SC641832 d:ComputerEquipment 2024-06-30 SC641832 d:ComputerEquipment 2023-09-30 SC641832 d:ComputerEquipment d:OwnedOrFreeholdAssets 2023-10-01 2024-06-30 SC641832 d:CurrentFinancialInstruments 2024-06-30 SC641832 d:CurrentFinancialInstruments 2023-09-30 SC641832 d:CurrentFinancialInstruments d:WithinOneYear 2024-06-30 SC641832 d:CurrentFinancialInstruments d:WithinOneYear 2023-09-30 SC641832 d:ShareCapital 2024-06-30 SC641832 d:ShareCapital 2023-09-30 SC641832 d:RetainedEarningsAccumulatedLosses 2024-06-30 SC641832 d:RetainedEarningsAccumulatedLosses 2023-09-30 SC641832 c:OrdinaryShareClass1 2023-10-01 2024-06-30 SC641832 c:OrdinaryShareClass1 2024-06-30 SC641832 c:OrdinaryShareClass1 2023-09-30 SC641832 c:FRS102 2023-10-01 2024-06-30 SC641832 c:AuditExempt-NoAccountantsReport 2023-10-01 2024-06-30 SC641832 c:FullAccounts 2023-10-01 2024-06-30 SC641832 c:PrivateLimitedCompanyLtd 2023-10-01 2024-06-30 SC641832 2 2023-10-01 2024-06-30 SC641832 e:PoundSterling 2023-10-01 2024-06-30 xbrli:shares iso4217:GBP xbrli:pure
Registered number: SC641832










SANTANA VENTURES LTD
FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 30 JUNE 2024

 
SANTANA VENTURES LTD
 

COMPANY INFORMATION


Director
Mr B Johnston 




Registered number
SC641832



Registered office
48 Petrel Way

Dunfermline

Fife

KY11 8GY




Accountants
EQ Accountants Limited
Chartered Accountants

Pentland House

Saltire Centre

Glenrothes

Fife

KY6 2AH





 
SANTANA VENTURES LTD
REGISTERED NUMBER: SC641832

STATEMENT OF FINANCIAL POSITION
AS AT 30 JUNE 2024

30 June
30 September
2024
2023
£
£

Fixed assets
  

Tangible assets
 4 
-
388

  
-
388

Current assets
  

Cash at bank and in hand
  
2,970
11,444

  
2,970
11,444

Creditors: amounts falling due within one year
 5 
(2,969)
(7,878)

Net current assets
  
 
 
1
 
 
3,566

Total assets less current liabilities
  
1
3,954

Provisions for liabilities
  

Deferred tax
  
-
(74)

  
 
 
-
 
 
(74)

Net assets
  
1
3,880


Capital and reserves
  

Called up share capital 
 6 
1
1

Profit and loss account
  
-
3,879

  
1
3,880


Page 1

 
SANTANA VENTURES LTD
REGISTERED NUMBER: SC641832

STATEMENT OF FINANCIAL POSITION (CONTINUED)
AS AT 30 JUNE 2024

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 period 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 24 September 2024.




Mr B Johnston
Director

The notes on pages 3 to 6 form part of these financial statements.
Page 2

 
SANTANA VENTURES LTD
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 30 JUNE 2024

1.


General information

Santana Ventures Ltd is a private company, limited by shares, incorporated in Scotland with registration number SC641832. The registered office is 48 Petrel Way, Dunfermline, KY11 8GY.
During the period, the company changed its accounting reference data to 30 June 2024, and as such, the period covered by these financial statements is for the 9 months to 30 June 2024.
The company ceased trading on 30 June 2024. All assets are recorded at their recoverable amount and all liabilities at cessation have been recognised. Therefore, there are no differences to the accounting on a break up basis or concern concern. 
The financial statements are presented in Sterling which is the functional currency of the Company and rounded to the nearest £.

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

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.

 
2.3

Interest income

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

Page 3

 
SANTANA VENTURES LTD
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 30 JUNE 2024

2.Accounting policies (continued)

 
2.4

Current and deferred taxation

The tax expense for the period comprises current and deferred tax. 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 tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting 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 reporting 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 reporting date.

 
2.5

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, using the straight-line method.

Depreciation is provided on the following basis:

Computer equipment
-
33%

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.

Page 4

 
SANTANA VENTURES LTD
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 30 JUNE 2024

2.Accounting policies (continued)

 
2.6

Provisions for liabilities

Provisions are recognised when an event has taken place that gives rise to a legal or constructive obligation, a transfer of economic benefits is probable and a reliable estimate can be made.
Provisions are measured as the best estimate of the amount required to settle the obligation, taking into account the related risks and uncertainties.
 
Increases in provisions are generally charged as an expense to profit or loss.

 
2.7

Dividends

Equity dividends are recognised when they become legally payable. Interim equity dividends are recognised when paid. Final equity dividends are recognised when approved by the shareholders at an annual general meeting.


3.


Employees

The average monthly number of employees, including directors, during the period was 1 (2023 - 1).

Page 5

 
SANTANA VENTURES LTD
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 30 JUNE 2024

4.


Tangible fixed assets







Computer equipment

£





At 1 October 2023
399


Disposals
(399)



At 30 June 2024

-





At 1 October 2023
11


Charge for the period on owned assets
8


Disposals
(19)



At 30 June 2024

-



Net book value



At 30 June 2024
-



At 30 September 2023
388


5.


Creditors: Amounts falling due within one year

30 June
30 September
2024
2023
£
£

Other taxation and social security
1,595
6,063

Other creditors
1,220
1,815

Accruals and deferred income
154
-

2,969
7,878



6.


Share capital

30 June
30 September
2024
2023
£
£
Allotted, called up and fully paid



1 (2023 - 1) Ordinary share of £1.00
1
1



Page 6