Caseware UK (AP4) 2023.0.135 2023.0.135 2024-01-312024-01-31The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.false2023-02-01trueNo description of principal activity22truefalse SC719505 2023-02-01 2024-01-31 SC719505 2022-01-11 2023-01-31 SC719505 2024-01-31 SC719505 2023-01-31 SC719505 c:Director1 2023-02-01 2024-01-31 SC719505 c:Director2 2023-02-01 2024-01-31 SC719505 c:RegisteredOffice 2023-02-01 2024-01-31 SC719505 d:CurrentFinancialInstruments 2024-01-31 SC719505 d:CurrentFinancialInstruments 2023-01-31 SC719505 d:CurrentFinancialInstruments d:WithinOneYear 2024-01-31 SC719505 d:CurrentFinancialInstruments d:WithinOneYear 2023-01-31 SC719505 d:ShareCapital 2024-01-31 SC719505 d:ShareCapital 2023-01-31 SC719505 d:RetainedEarningsAccumulatedLosses 2024-01-31 SC719505 d:RetainedEarningsAccumulatedLosses 2023-01-31 SC719505 c:OrdinaryShareClass1 2023-02-01 2024-01-31 SC719505 c:OrdinaryShareClass1 2024-01-31 SC719505 c:OrdinaryShareClass1 2023-01-31 SC719505 c:FRS102 2023-02-01 2024-01-31 SC719505 c:AuditExempt-NoAccountantsReport 2023-02-01 2024-01-31 SC719505 c:FullAccounts 2023-02-01 2024-01-31 SC719505 c:PrivateLimitedCompanyLtd 2023-02-01 2024-01-31 SC719505 e:PoundSterling 2023-02-01 2024-01-31 xbrli:shares iso4217:GBP xbrli:pure
Registered number: SC719505










TIALT - THERE IS AN ALTERNATIVE LTD
FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2024

 
TIALT - THERE IS AN ALTERNATIVE LTD
 

COMPANY INFORMATION


Directors
Mr D Lonie 
Ms C Sivier 




Registered number
SC719505



Registered office
Block 5 2 Seabraes Lane

Dundee

Scotland

DD11NX




Accountants
EQ Accountants Limited
Chartered Accountants

14 City Quay

Dundee

DD1 3JA





 
TIALT - THERE IS AN ALTERNATIVE LTD
REGISTERED NUMBER: SC719505

STATEMENT OF FINANCIAL POSITION
AS AT 31 JANUARY 2024

2024
2023
£
£

  

Current assets
  

Debtors: amounts falling due within one year
 4 
14,560
8,865

Cash at bank and in hand
  
24,147
7,000

  
38,707
15,865

Creditors: amounts falling due within one year
 5 
(33,671)
(14,325)

Net current assets
  
 
 
5,036
 
 
1,540

Total assets less current liabilities
  
5,036
1,540

  

Net assets
  
5,036
1,540


Capital and reserves
  

Called up share capital 
 6 
2
2

Profit and loss account
  
5,034
1,538

  
5,036
1,540


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 statement of income and retained earnings 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 October 2024.




Mr D Lonie
Director

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

Page 1

 
TIALT - THERE IS AN ALTERNATIVE LTD
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2024

1.


General information

TIALT - There Is An Alternative Ltd is a private company, limited by shares, domiciled in Scotland with registration number SC719505. The registered office is Block 5, 2 Seabraes Lane, Dundee, DD1 4NX. 

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 revenue 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 revenue 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 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.

 
2.3

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.

 
2.4

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.

 
2.5

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.

Page 2

 
TIALT - THERE IS AN ALTERNATIVE LTD
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2024

3.


Employees




The average monthly number of employees, including directors, during the year was 2 (2023 - 2).


4.


Debtors

2024
2023
£
£


Trade debtors
-
4,669

Other debtors
14,560
4,196

14,560
8,865


Included within other debtors due within one year there are loans to the directors, Mr D. Lonie and Ms C Sivier, directors, amounting to £14,560 (2023 - £4,196). The main conditions were as follows:

The loans are interest free and are wholly repayable within 9 months.


5.


Creditors: Amounts falling due within one year

2024
2023
£
£

Other taxation and social security
31,071
11,825

Accruals and deferred income
2,600
2,500

33,671
14,325



6.


Share capital

2024
2023
£
£
Allotted, called up and fully paid



2 (2023 - 2) Ordinary shares of £1.00 each
2
2



Page 3