Caseware UK (AP4) 2023.0.135 2023.0.135 2023-12-312023-12-31The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.2023-01-01false44truetrue 13805857 2023-01-01 2023-12-31 13805857 2022-01-01 2022-12-31 13805857 2023-12-31 13805857 2022-12-31 13805857 c:Director1 2023-01-01 2023-12-31 13805857 d:OfficeEquipment 2023-01-01 2023-12-31 13805857 d:OfficeEquipment 2023-12-31 13805857 d:OfficeEquipment 2022-12-31 13805857 d:OfficeEquipment d:OwnedOrFreeholdAssets 2023-01-01 2023-12-31 13805857 d:ComputerEquipment 2023-01-01 2023-12-31 13805857 d:ComputerEquipment 2023-12-31 13805857 d:ComputerEquipment 2022-12-31 13805857 d:ComputerEquipment d:OwnedOrFreeholdAssets 2023-01-01 2023-12-31 13805857 d:OwnedOrFreeholdAssets 2023-01-01 2023-12-31 13805857 d:CurrentFinancialInstruments 2023-12-31 13805857 d:CurrentFinancialInstruments 2022-12-31 13805857 d:CurrentFinancialInstruments d:WithinOneYear 2023-12-31 13805857 d:CurrentFinancialInstruments d:WithinOneYear 2022-12-31 13805857 d:ShareCapital 2023-12-31 13805857 d:ShareCapital 2022-12-31 13805857 d:RetainedEarningsAccumulatedLosses 2023-12-31 13805857 d:RetainedEarningsAccumulatedLosses 2022-12-31 13805857 d:AcceleratedTaxDepreciationDeferredTax 2023-12-31 13805857 d:AcceleratedTaxDepreciationDeferredTax 2022-12-31 13805857 c:OrdinaryShareClass1 2023-01-01 2023-12-31 13805857 c:OrdinaryShareClass1 2023-12-31 13805857 c:FRS102 2023-01-01 2023-12-31 13805857 c:AuditExempt-NoAccountantsReport 2023-01-01 2023-12-31 13805857 c:FullAccounts 2023-01-01 2023-12-31 13805857 c:PrivateLimitedCompanyLtd 2023-01-01 2023-12-31 xbrli:shares iso4217:GBP xbrli:pure
Registered number: 13805857














ATELIER BESPOKE LTD

 
UNAUDITED

 FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2023

 
ATELIER BESPOKE LTD
 

CONTENTS



Page
Balance sheet
 
1 - 2
Notes to the financial statements
 
3 - 7


 
ATELIER BESPOKE LTD
REGISTERED NUMBER:13805857

BALANCE SHEET
AS AT 31 DECEMBER 2023

2023
2022
Note
£
£

Fixed assets
  

Tangible assets
 4 
9,942
11,354

  
9,942
11,354

Current assets
  

Debtors: amounts falling due within one year
 5 
861
11,849

Cash at bank and in hand
 6 
86,457
108,610

  
87,318
120,459

Creditors: amounts falling due within one year
 7 
(79,480)
(152,299)

Net current assets/(liabilities)
  
 
 
7,838
 
 
(31,840)

Total assets less current liabilities
  
17,780
(20,486)

Provisions for liabilities
  

Deferred tax
 8 
(2,486)
-

  
 
 
(2,486)
 
 
-

Net assets/(liabilities)
  
15,294
(20,486)


Capital and reserves
  

Called up share capital 
 9 
100
100

Profit and loss account
  
15,194
(20,586)

  
15,294
(20,486)


1

 
ATELIER BESPOKE LTD
REGISTERED NUMBER:13805857
    
BALANCE SHEET (CONTINUED)
AS AT 31 DECEMBER 2023

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 year in question in accordance with section 476 of the Companies Act 2006.

The director acknowledges her 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: 




O Kane
Director

Date: 4 October 2024

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

2

 
ATELIER BESPOKE LTD
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023

1.


General information

Atelier Bespoke Ltd is a private company, limited by shares, registered in England and Wales, registration number 13805857. The registered office address is Elsley Court, 20-22 Great Titchfield Street, London, W1w 8BE. The company was incorporated on 17 December 2021.

The principal activity of the company continued to be that manufacture of other textiles and fashion
designing.

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 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:

 
2.2

Turnover

Turnover from fashion designing 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. 

 
2.3

Operating leases: the company as lessee

Rentals paid under operating leases are charged to profit or loss on a straight-line basis over the lease term.

Benefits received and receivable as an incentive to sign an operating lease are recognised on a straight-line basis over the lease term, unless another systematic basis is representative of the time pattern of the lessee's benefit from the use of the leased asset.

 
2.4

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.

3

 
ATELIER BESPOKE LTD
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023

2.Accounting policies (continued)

 
2.5

Current and deferred taxation

The tax expense for the year 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 corporation 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.

 
2.6

Debtors

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

 
2.7

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.

 
2.8

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.

 
2.9

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.
 
Deferred tax liabilities are also presented within provisions but are measured in accordance with the accounting policy on taxation.
 
Increases in provisions are generally charged as an expense to profit or loss.

4

 
ATELIER BESPOKE LTD
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023

2.Accounting policies (continued)

 
2.10

 Financial instruments

The company only enters into basic financial instrument transactions that result in the recognition
of financial assets and liabilities like trade and other debtors and creditors, loans from other third
parties and loans to related parties.

.
 
2.11

 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 year was 4 (2022 - 4).


4.


Tangible fixed assets





Office equipment
Computer equipment
Total

£
£
£



Cost or valuation


At 1 January 2023
12,962
-
12,962


Additions
-
2,089
2,089



At 31 December 2023

12,962
2,089
15,051



Depreciation


At 1 January 2023
1,608
-
1,608


Charge for the year on owned assets
3,240
261
3,501



At 31 December 2023

4,848
261
5,109



Net book value



At 31 December 2023
8,114
1,828
9,942


5.


Debtors

2023
2022
£
£


Amounts owed by group undertakings
861
245

Other debtors
-
11,604

861
11,849


5

 
ATELIER BESPOKE LTD
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023

6.


Cash and cash equivalents

2023
2022
£
£

Cash at bank and in hand
86,457
108,610



7.


Creditors: amounts falling due within one year

2023
2022
£
£

Trade creditors
6,229
25,931

Corporation tax
12,673
-

Other taxation and social security
10,277
4,090

Other creditors
43,691
26,487

Accruals
6,610
95,791

79,480
152,299



8.


Deferred taxation




2023


£






Charged to profit or loss
2,486



At end of year
2,486

The deferred taxation balance is made up as follows:

2023
2022
£
£


Accelerated capital allowances
2,486
-


9.


Share capital

2023
2022
£
£
Allotted, called up and fully paid



100 Ordinary shares of £1.00 each
100
100


6

 
ATELIER BESPOKE LTD
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023

10.


Pension commitments

The company operates a defined contribution scheme. The assets of the scheme are held seperately from those of the company in an independently administered fund. The pension cost charge reparesents contributions payable by the company to the fund and amounted to £2,073 (2022 - £2,103). Included in other creditors at the year end there is an amount payable of £509 (2022 - £401).


11.


Related party transactions

Included within other creditors at the year end is a balance totalling £186 (2022 - £9,493 due from; included within other debtors) due to the shareholder. The shareholder was paid a dividend of £12,000 (2022 - £3,400) during the year. The loan is interest free and repayable on demand. 

 
7