Caseware UK (AP4) 2023.0.135 2023.0.135 2024-01-312024-01-312023-02-010falseNo description of principal activity0falsetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.false 13836923 2023-02-01 2024-01-31 13836923 2022-01-10 2023-01-31 13836923 2024-01-31 13836923 2023-01-31 13836923 c:Director1 2023-02-01 2024-01-31 13836923 d:CurrentFinancialInstruments 2024-01-31 13836923 d:CurrentFinancialInstruments 2023-01-31 13836923 d:Non-currentFinancialInstruments 2024-01-31 13836923 d:Non-currentFinancialInstruments 2023-01-31 13836923 d:CurrentFinancialInstruments d:WithinOneYear 2024-01-31 13836923 d:CurrentFinancialInstruments d:WithinOneYear 2023-01-31 13836923 d:Non-currentFinancialInstruments d:AfterOneYear 2024-01-31 13836923 d:Non-currentFinancialInstruments d:AfterOneYear 2023-01-31 13836923 d:Non-currentFinancialInstruments d:MoreThanFiveYears 2024-01-31 13836923 d:Non-currentFinancialInstruments d:MoreThanFiveYears 2023-01-31 13836923 d:ShareCapital 2024-01-31 13836923 d:ShareCapital 2023-01-31 13836923 d:RetainedEarningsAccumulatedLosses 2024-01-31 13836923 d:RetainedEarningsAccumulatedLosses 2023-01-31 13836923 c:FRS102 2023-02-01 2024-01-31 13836923 c:AuditExempt-NoAccountantsReport 2023-02-01 2024-01-31 13836923 c:FullAccounts 2023-02-01 2024-01-31 13836923 c:PrivateLimitedCompanyLtd 2023-02-01 2024-01-31 13836923 6 2023-02-01 2024-01-31 13836923 e:PoundSterling 2023-02-01 2024-01-31 iso4217:GBP xbrli:pure

Registered number: 13836923









HYKLASS HARBOUR LTD







UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE PERIOD ENDED 31 JANUARY 2024

 
HYKLASS HARBOUR LTD
REGISTERED NUMBER: 13836923

BALANCE SHEET
AS AT 31 JANUARY 2024

2024
2024
2023
2023
Note
£
£
£
£

Fixed assets
  

Investments
 4 
66,000
66,000

  
66,000
66,000

Current assets
  

Debtors: amounts falling due within one year
 5 
574
-

Cash at bank and in hand
 6 
3,489
5,803

  
4,063
5,803

Creditors: amounts falling due within one year
 7 
(27,879)
(28,901)

Net current liabilities
  
 
 
(23,816)
 
 
(23,098)

Total assets less current liabilities
  
42,184
42,902

Creditors: amounts falling due after more than one year
 8 
(49,445)
(49,783)

  

Net liabilities
  
(7,261)
(6,881)


Capital and reserves
  

Called up share capital 
  
1
1

Profit and loss account
  
(7,262)
(6,882)

  
(7,261)
(6,881)


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 period 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 on 31 October 2024.

Page 1

 
HYKLASS HARBOUR LTD
REGISTERED NUMBER: 13836923
    
BALANCE SHEET (CONTINUED)
AS AT 31 JANUARY 2024



Abiodun Ademoyero
Director

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

Page 2

 
HYKLASS HARBOUR LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 JANUARY 2024

1.


General information

The company is limited by shares and incorporated in England. The address of the registerd office is
given in the company information page of these financial statements.

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

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

Borrowing costs

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

Page 3

 
HYKLASS HARBOUR LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 JANUARY 2024

2.Accounting policies (continued)

 
2.5

Valuation of investments

Investments in subsidiaries are measured at cost less accumulated impairment.

Investments in unlisted Company shares, whose market value can be reliably determined, are remeasured to market value at each balance sheet date. Gains and losses on remeasurement are recognised in the Profit and loss account for the period. Where market value cannot be reliably determined, such investments are stated at historic cost less impairment.

Investments in listed company shares are remeasured to market value at each balance sheet date. Gains and losses on remeasurement are recognised in profit or loss for the period.

 
2.6

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.

 
2.7

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.


3.


Employees




The Company has no employees other than the directors, who did not receive any remuneration (2023 - £NIL).

The average monthly number of employees, including directors, during the period was 0 (2023 - 0).

Page 4

 
HYKLASS HARBOUR LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 JANUARY 2024

4.


Fixed asset investments





Investment property

£



Cost or valuation


At 1 February 2023
66,000



At 31 January 2024
66,000





5.


Debtors

2024
2023
£
£


Trade debtors
574
-

574
-



6.


Cash and cash equivalents

2024
2023
£
£

Cash at bank and in hand
3,489
5,803

3,489
5,803



7.


Creditors: Amounts falling due within one year

2024
2023
£
£

Other creditors
27,039
28,181

Accruals and deferred income
840
720

27,879
28,901


Page 5

 
HYKLASS HARBOUR LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 JANUARY 2024

8.


Creditors: Amounts falling due after more than one year

2024
2023
£
£

Bank loans
49,445
49,783

49,445
49,783



9.


Loans


Analysis of the maturity of loans is given below:


2024
2023
£
£




Amounts falling due after more than 5 years

Bank loans
49,445
49,783

49,445
49,783

49,445
49,783


 
Page 6