Caseware UK (AP4) 2023.0.135 2023.0.135 2023-08-312023-08-31The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.2022-09-01falseNo description of principal activity22truetruefalse 12139335 2022-09-01 2023-08-31 12139335 2021-09-01 2022-08-31 12139335 2023-08-31 12139335 2022-08-31 12139335 c:Director2 2022-09-01 2023-08-31 12139335 d:FreeholdInvestmentProperty 2023-08-31 12139335 d:FreeholdInvestmentProperty 2022-08-31 12139335 d:CurrentFinancialInstruments 2023-08-31 12139335 d:CurrentFinancialInstruments 2022-08-31 12139335 d:Non-currentFinancialInstruments 2023-08-31 12139335 d:Non-currentFinancialInstruments 2022-08-31 12139335 d:CurrentFinancialInstruments d:WithinOneYear 2023-08-31 12139335 d:CurrentFinancialInstruments d:WithinOneYear 2022-08-31 12139335 d:Non-currentFinancialInstruments d:AfterOneYear 2023-08-31 12139335 d:Non-currentFinancialInstruments d:AfterOneYear 2022-08-31 12139335 d:Non-currentFinancialInstruments d:BetweenTwoFiveYears 2023-08-31 12139335 d:Non-currentFinancialInstruments d:BetweenTwoFiveYears 2022-08-31 12139335 d:ShareCapital 2023-08-31 12139335 d:ShareCapital 2022-08-31 12139335 d:RetainedEarningsAccumulatedLosses 2023-08-31 12139335 d:RetainedEarningsAccumulatedLosses 2022-08-31 12139335 c:OrdinaryShareClass1 2022-09-01 2023-08-31 12139335 c:OrdinaryShareClass1 2023-08-31 12139335 c:OrdinaryShareClass1 2022-08-31 12139335 c:OrdinaryShareClass2 2022-09-01 2023-08-31 12139335 c:OrdinaryShareClass2 2023-08-31 12139335 c:OrdinaryShareClass2 2022-08-31 12139335 c:OrdinaryShareClass3 2022-09-01 2023-08-31 12139335 c:OrdinaryShareClass3 2023-08-31 12139335 c:OrdinaryShareClass3 2022-08-31 12139335 c:OrdinaryShareClass4 2022-09-01 2023-08-31 12139335 c:OrdinaryShareClass4 2023-08-31 12139335 c:OrdinaryShareClass4 2022-08-31 12139335 c:OrdinaryShareClass5 2022-09-01 2023-08-31 12139335 c:OrdinaryShareClass5 2023-08-31 12139335 c:OrdinaryShareClass5 2022-08-31 12139335 c:FRS102 2022-09-01 2023-08-31 12139335 c:AuditExempt-NoAccountantsReport 2022-09-01 2023-08-31 12139335 c:FullAccounts 2022-09-01 2023-08-31 12139335 c:PrivateLimitedCompanyLtd 2022-09-01 2023-08-31 12139335 e:PoundSterling 2022-09-01 2023-08-31 iso4217:GBP xbrli:shares xbrli:pure

Registered number: 12139335









Ayarose Limited







UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 31 AUGUST 2023

 
AYAROSE LIMITED
REGISTERED NUMBER: 12139335

BALANCE SHEET
AS AT 31 AUGUST 2023

2023
2022
Note
£
£

Fixed assets
  

Investment property
 4 
1,233,677
1,233,677

  
1,233,677
1,233,677

Current assets
  

Debtors: amounts falling due within one year
 5 
2,983
-

Cash at bank and in hand
 6 
35,118
19,066

  
38,101
19,066

Creditors: amounts falling due within one year
 7 
(601,774)
(582,625)

Net current liabilities
  
 
 
(563,673)
 
 
(563,559)

Total assets less current liabilities
  
670,004
670,118

Creditors: amounts falling due after more than one year
 8 
(668,857)
(668,857)

  

Net assets
  
1,147
1,261


Capital and reserves
  

Called up share capital 
 10 
1,000
1,000

Profit and loss account
  
147
261

  
1,147
1,261


Page 1

 
AYAROSE LIMITED
REGISTERED NUMBER: 12139335
    
BALANCE SHEET (CONTINUED)
AS AT 31 AUGUST 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: 




E McCooey
Director

Date: 30 October 2024

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

Page 2

 
AYAROSE LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2023

1.


General information

Ayarose Limited is a private company limited by shares and incorporated in England & Wales (Registered number 12139335). 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

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:

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.

 
2.3

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

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.

Page 3

 
AYAROSE LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2023

2.Accounting policies (continued)

 
2.5

Borrowing costs

All borrowing costs are recognised in profit or loss in the year in which they are incurred.

 
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 balance sheet date in the countries where the Company operates and generates income.


 
2.7

Investment property

Investment property is carried at fair value determined annually by external valuers and derived from the current market rents and investment property yields for comparable real estate, adjusted if necessary for any difference in the nature, location or condition of the specific asset. No depreciation is provided. Changes in fair value are recognised in profit or loss.

 
2.8

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.

 
2.9

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.


3.


Employees

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

Page 4

 
AYAROSE LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2023

4.


Investment property


Freehold investment property

£



Valuation


At 1 September 2022
1,233,677



At 31 August 2023
1,233,677

The 2023 valuations were made by the director, on an open market value for existing use basis.





5.


Debtors

2023
2022
£
£


Other debtors
2,983
-

2,983
-



6.


Cash and cash equivalents

2023
2022
£
£

Cash at bank and in hand
35,118
19,066

35,118
19,066



7.


Creditors: Amounts falling due within one year

2023
2022
£
£

Corporation tax
1,769
-

Other creditors
591,505
576,125

Accruals and deferred income
8,500
6,500

601,774
582,625


Page 5

 
AYAROSE LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2023

8.


Creditors: Amounts falling due after more than one year

2023
2022
£
£

Other loans
668,857
668,857

668,857
668,857



9.


Loans


2023
2022
£
£



Amounts falling due 2-5 years

Other loans
668,857
668,857


668,857
668,857


668,857
668,857



10.


Share capital

2023
2022
£
£
Allotted, called up and fully paid



50 (2022 - 50) Ordinary A shares of £1.00 each
50
50
50 (2022 - 50) Ordinary B shares of £1.00 each
50
50
300 (2022 - 300) Ordinary C shares of £1.00 each
300
300
300 (2022 - 300) Ordinary D shares of £1.00 each
300
300
300 (2022 - 300) Ordinary E shares of £1.00 each
300
300

1,000

1,000


 
Page 6