Caseware UK (AP4) 2023.0.135 2023.0.135 2023-12-312023-12-311No description of principal activitytrue2023-01-01false1falseThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.false 13071138 2023-01-01 2023-12-31 13071138 2022-01-01 2022-12-31 13071138 2023-12-31 13071138 2022-12-31 13071138 c:Director1 2023-01-01 2023-12-31 13071138 d:CurrentFinancialInstruments 2023-12-31 13071138 d:CurrentFinancialInstruments 2022-12-31 13071138 d:CurrentFinancialInstruments d:WithinOneYear 2023-12-31 13071138 d:CurrentFinancialInstruments d:WithinOneYear 2022-12-31 13071138 d:ShareCapital 2023-12-31 13071138 d:ShareCapital 2022-12-31 13071138 d:RetainedEarningsAccumulatedLosses 2023-12-31 13071138 d:RetainedEarningsAccumulatedLosses 2022-12-31 13071138 c:FRS102 2023-01-01 2023-12-31 13071138 c:AuditExempt-NoAccountantsReport 2023-01-01 2023-12-31 13071138 c:FullAccounts 2023-01-01 2023-12-31 13071138 c:PrivateLimitedCompanyLtd 2023-01-01 2023-12-31 13071138 2 2023-01-01 2023-12-31 13071138 e:PoundSterling 2023-01-01 2023-12-31 iso4217:GBP xbrli:pure

Registered number: 13071138









TAYNISH HOLDINGS LIMITED







UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 31 DECEMBER 2023

 
 TAYNISH HOLDINGS LIMITED
REGISTERED NUMBER: 13071138

STATEMENT OF FINANCIAL POSITION
AS AT 31 DECEMBER 2023

2023
2022
Note
£
£

  

Current assets
  

Cash at bank and in hand
 4 
1,179
6,533

  
1,179
6,533

Creditors: amounts falling due within one year
 5 
(4,687)
(3,205)

Net current (liabilities)/assets
  
 
 
(3,508)
 
 
3,328

Total assets less current liabilities
  
(3,508)
3,328

  

Net (liabilities)/assets
  
(3,508)
3,328


Capital and reserves
  

Called up share capital 
  
100
100

Profit and loss account
  
(3,608)
3,228

  
(3,508)
3,328


Page 1

 
 TAYNISH HOLDINGS LIMITED
REGISTERED NUMBER: 13071138
    
STATEMENT OF FINANCIAL POSITION (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 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 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 by: 




M R M Morrison
Director

Date: 9 October 2024

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

Page 2

 
 TAYNISH HOLDINGS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023

1.


General information

Taynish Holdings Limited is a private company limited by shares incorporated in England & Wales (registered number 13071138). The registered office is 101 New Cavendish Street, 1st Floor South, London, United Kingdom, W1W 6XH. 
The financial statements are presented in Sterling, which is the functional currency of the 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

Going concern

In assessing the ability of the company to operate as a going concern, management have evaluated current and forecasted operational results, and the solvency of the company. As a result, the director considers it appropriate to prepare the financial statements on a going concern basis.

Page 3

 
 TAYNISH HOLDINGS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023

2.Accounting policies (continued)

 
2.3

Revenue

Revenue is recognised to the extent that it is probable that the economic benefits will flow to the Company and the revenue can be reliably measured. Revenue 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 revenue is recognised:

Sale of goods

Revenue from the sale of goods is recognised when all of the following conditions are satisfied:
the Company has transferred the significant risks and rewards of ownership to the buyer;
the Company retains neither continuing managerial involvement to the degree usually associated with ownership nor effective control over the goods sold;
the amount of revenue can be measured reliably;
it is probable that the Company will receive the consideration due under the transaction; and
the costs incurred or to be incurred in respect of the transaction can be measured reliably.

Rendering of services

Revenue 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 revenue 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.

 
2.4

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.

 
2.5

Interest income

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

Page 4

 
 TAYNISH HOLDINGS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 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 reporting date in the countries where the Company operates and generates income.

 
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. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.

 
2.8

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.

 
2.9

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 1 (2022 - 1).


4.


Cash and cash equivalents

2023
2022
£
£

Cash at bank and in hand
1,179
6,533

1,179
6,533


Page 5

 
 TAYNISH HOLDINGS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023

5.


Creditors: Amounts falling due within one year

2023
2022
£
£

Corporation tax
2,244
1,705

Other creditors
943
-

Accruals and deferred income
1,500
1,500

4,687
3,205


Page 6