Caseware UK (AP4) 2023.0.135 2023.0.135 2023-07-312023-07-312022-08-01falseNo description of principal activity22truetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.false 12080579 2022-08-01 2023-07-31 12080579 2021-08-01 2022-07-31 12080579 2023-07-31 12080579 2022-07-31 12080579 c:Director1 2022-08-01 2023-07-31 12080579 d:FurnitureFittings 2022-08-01 2023-07-31 12080579 d:FurnitureFittings 2023-07-31 12080579 d:FurnitureFittings 2022-07-31 12080579 d:FurnitureFittings d:OwnedOrFreeholdAssets 2022-08-01 2023-07-31 12080579 d:ComputerEquipment 2022-08-01 2023-07-31 12080579 d:ComputerEquipment 2023-07-31 12080579 d:ComputerEquipment 2022-07-31 12080579 d:ComputerEquipment d:OwnedOrFreeholdAssets 2022-08-01 2023-07-31 12080579 d:OwnedOrFreeholdAssets 2022-08-01 2023-07-31 12080579 d:ComputerSoftware 2023-07-31 12080579 d:ComputerSoftware 2022-07-31 12080579 d:CurrentFinancialInstruments 2023-07-31 12080579 d:CurrentFinancialInstruments 2022-07-31 12080579 d:CurrentFinancialInstruments d:WithinOneYear 2023-07-31 12080579 d:CurrentFinancialInstruments d:WithinOneYear 2022-07-31 12080579 d:ShareCapital 2023-07-31 12080579 d:ShareCapital 2022-07-31 12080579 d:SharePremium 2023-07-31 12080579 d:SharePremium 2022-07-31 12080579 d:RetainedEarningsAccumulatedLosses 2023-07-31 12080579 d:RetainedEarningsAccumulatedLosses 2022-07-31 12080579 d:FinancialAssetsDesignatedFairValueThroughProfitOrLoss 2023-07-31 12080579 d:FinancialAssetsDesignatedFairValueThroughProfitOrLoss 2022-07-31 12080579 c:OrdinaryShareClass1 2022-08-01 2023-07-31 12080579 c:OrdinaryShareClass1 2023-07-31 12080579 c:OrdinaryShareClass1 2022-07-31 12080579 c:FRS102 2022-08-01 2023-07-31 12080579 c:AuditExempt-NoAccountantsReport 2022-08-01 2023-07-31 12080579 c:FullAccounts 2022-08-01 2023-07-31 12080579 c:PrivateLimitedCompanyLtd 2022-08-01 2023-07-31 12080579 d:ComputerSoftware d:ExternallyAcquiredIntangibleAssets 2022-08-01 2023-07-31 12080579 2 2022-08-01 2023-07-31 12080579 6 2022-08-01 2023-07-31 12080579 d:ComputerSoftware d:OwnedIntangibleAssets 2022-08-01 2023-07-31 12080579 e:PoundSterling 2022-08-01 2023-07-31 xbrli:shares iso4217:GBP xbrli:pure

Registered number: 12080579









OATS TECHNOLOGIES LIMITED







UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 31 JULY 2023

 
OATS TECHNOLOGIES LIMITED
REGISTERED NUMBER: 12080579

BALANCE SHEET
AS AT 31 JULY 2023

2023
2022
Note
£
£

Fixed assets
  

Intangible assets
 4 
2,564
1,575

Tangible assets
 5 
3,440
-

Investments
 6 
1,000
1,000

  
7,004
2,575

Current assets
  

Debtors: amounts falling due within one year
 7 
62,039
1,537

Cash at bank and in hand
 8 
191
203,481

  
62,230
205,018

Creditors: amounts falling due within one year
 9 
(4,307)
(3,546)

Net current assets
  
 
 
57,923
 
 
201,472

Total assets less current liabilities
  
64,927
204,047

  

Net assets
  
64,927
204,047


Capital and reserves
  

Called up share capital 
 11 
1,056
1,056

Share premium account
  
234,942
234,942

Profit and loss account
  
(171,071)
(31,951)

  
64,927
204,047


Page 1

 
OATS TECHNOLOGIES LIMITED
REGISTERED NUMBER: 12080579
    
BALANCE SHEET (CONTINUED)
AS AT 31 JULY 2023

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 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: 




................................................
A Burankou
Director

Date: 29 October 2024

The notes on pages 3 to 8 form part of these financial statements.

Page 2

 
OATS TECHNOLOGIES LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JULY 2023

1.


General information

 Oats Technologies Limited is a private company limited by shares and registered in England and Wales.
The company's registered office address is Regent House, 316 Beulah Hill, London, United Kingdom SE19 3HF. 

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 GBP.

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 Statement of Comprehensive Income 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

Intangible assets

Intangible assets are initially recognised at cost. After recognition, under the cost model, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

All intangible assets are considered to have a finite useful life. If a reliable estimate of the useful life cannot be made, the useful life shall not exceed ten years.

Page 3

 
OATS TECHNOLOGIES LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JULY 2023

2.Accounting policies (continued)

 
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, on a reducing balance basis.

Depreciation is provided on the following basis:

Fixtures and fittings
-
25%
on reducing balance
Computer equipment
-
25%
on reducing balance

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.

 
2.6

Valuation of investments

Investments in subsidiaries are measured at cost less accumulated impairment.

 
2.7

Debtors

Short-term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

 
2.8

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.

 
2.9

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.


3.


Employees

The average monthly number of employees, including directors, during the year was 2 (2022 - 2).

Page 4

 
OATS TECHNOLOGIES LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JULY 2023

4.


Intangible assets




Computer software

£



Cost


At 1 August 2022
2,100


Additions
1,580



At 31 July 2023

3,680



Amortisation


At 1 August 2022
525


Charge for the year on owned assets
591



At 31 July 2023

1,116



Net book value



At 31 July 2023
2,564



At 31 July 2022
1,575



Page 5

 
OATS TECHNOLOGIES LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JULY 2023

5.


Tangible fixed assets





Fixtures and fittings
Computer equipment
Total

£
£
£



Cost or valuation


Additions
939
3,214
4,153



At 31 July 2023

939
3,214
4,153



Depreciation


Charge for the year on owned assets
132
581
713



At 31 July 2023

132
581
713



Net book value



At 31 July 2023
807
2,633
3,440



At 31 July 2022
-
-
-


6.


Fixed asset investments





Investments in subsidiary companies

£



Cost or valuation


At 1 August 2022
1,000



At 31 July 2023
1,000




Page 6

 
OATS TECHNOLOGIES LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JULY 2023

7.


Debtors

2023
2022
£
£


Amounts owed by group undertakings
59,411
1,032

Other debtors
2,628
505

62,039
1,537



8.


Cash and cash equivalents

2023
2022
£
£

Cash at bank and in hand
191
203,481

191
203,481



9.


Creditors: Amounts falling due within one year

2023
2022
£
£

Other creditors
2,307
1,546

Accruals and deferred income
2,000
2,000

4,307
3,546



10.


Financial instruments

2023
2022
£
£

Financial assets


Financial assets measured at fair value through profit or loss
191
203,481



Page 7

 
OATS TECHNOLOGIES LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JULY 2023

11.


Share capital

2023
2022
£
£
Allotted, called up and fully paid



1,056,108 (2022 - 1,056,110) Ordinary shares of £0.001000 each
1,056
1,056


 
Page 8