Caseware UK (AP4) 2023.0.135 2023.0.135 2024-01-312024-01-315700548335000022023-02-01falseNo description of principal activity2falsetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. 13132015 2023-02-01 2024-01-31 13132015 2022-02-01 2023-01-31 13132015 2024-01-31 13132015 2023-01-31 13132015 2 2023-02-01 2024-01-31 13132015 d:Director1 2023-02-01 2024-01-31 13132015 d:RegisteredOffice 2023-02-01 2024-01-31 13132015 e:MotorVehicles 2023-02-01 2024-01-31 13132015 e:MotorVehicles 2024-01-31 13132015 e:MotorVehicles 2023-01-31 13132015 e:MotorVehicles e:OwnedOrFreeholdAssets 2023-02-01 2024-01-31 13132015 e:FurnitureFittings 2023-02-01 2024-01-31 13132015 e:FurnitureFittings 2024-01-31 13132015 e:FurnitureFittings 2023-01-31 13132015 e:FurnitureFittings e:OwnedOrFreeholdAssets 2023-02-01 2024-01-31 13132015 e:ComputerEquipment 2023-02-01 2024-01-31 13132015 e:ComputerEquipment 2024-01-31 13132015 e:ComputerEquipment 2023-01-31 13132015 e:ComputerEquipment e:OwnedOrFreeholdAssets 2023-02-01 2024-01-31 13132015 e:OwnedOrFreeholdAssets 2023-02-01 2024-01-31 13132015 e:FreeholdInvestmentProperty 2023-02-01 2024-01-31 13132015 e:FreeholdInvestmentProperty 2024-01-31 13132015 e:FreeholdInvestmentProperty 2023-01-31 13132015 e:FreeholdInvestmentProperty 2 2023-02-01 2024-01-31 13132015 e:LeaseholdInvestmentProperty 2023-02-01 2024-01-31 13132015 e:LeaseholdInvestmentProperty 2024-01-31 13132015 e:LeaseholdInvestmentProperty 2023-01-31 13132015 e:LeaseholdInvestmentProperty 2 2023-02-01 2024-01-31 13132015 e:CurrentFinancialInstruments 2024-01-31 13132015 e:CurrentFinancialInstruments 2023-01-31 13132015 e:CurrentFinancialInstruments e:WithinOneYear 2024-01-31 13132015 e:CurrentFinancialInstruments e:WithinOneYear 2023-01-31 13132015 e:ShareCapital 2024-01-31 13132015 e:ShareCapital 2023-01-31 13132015 e:RetainedEarningsAccumulatedLosses 2024-01-31 13132015 e:RetainedEarningsAccumulatedLosses 2023-01-31 13132015 d:FRS102 2023-02-01 2024-01-31 13132015 d:AuditExempt-NoAccountantsReport 2023-02-01 2024-01-31 13132015 d:FullAccounts 2023-02-01 2024-01-31 13132015 d:PrivateLimitedCompanyLtd 2023-02-01 2024-01-31 13132015 2 2023-02-01 2024-01-31 iso4217:GBP xbrli:pure
Company registration number: 13132015







UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED
31 JANUARY 2024


CTKC UK LIMITED






































img5a27.png                        

 


CTKC UK LIMITED
 


 
COMPANY INFORMATION


Director
Kay Louise Clayton 




Registered number
13132015



Registered office
118 Pall Mall

London

SW1Y 5EA




Accountants
Menzies LLP
Chartered Accountants

Lynton House

7-12 Tavistock Square

London

WC1H 9LT





 


CTKC UK LIMITED
REGISTERED NUMBER:13132015



STATEMENT OF FINANCIAL POSITION
AS AT 31 JANUARY 2024

2024
2023
Note
£
£

Fixed assets
  

Tangible assets
 4 
82,136
59,877

Investment property
 5 
2,850,274
1,675,000

  
2,932,410
1,734,877

Current assets
  

Debtors: amounts falling due within one year
 6 
329,328
24,530

Cash at bank and in hand
  
9,051
16,685

  
338,379
41,215

Creditors: amounts falling due within one year
 7 
(2,902,910)
(1,430,922)

Net current liabilities
  
 
 
(2,564,531)
 
 
(1,389,707)

Total assets less current liabilities
  
367,879
345,170

  

Net assets
  
367,879
345,170


Capital and reserves
  

Called up share capital 
  
750,000
750,000

Profit and loss account
  
(382,121)
(404,830)

  
367,879
345,170

Page 1

 


CTKC UK LIMITED
REGISTERED NUMBER:13132015


    
STATEMENT OF FINANCIAL POSITION (CONTINUED)
AS AT 31 JANUARY 2024

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 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 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 by: 


Kay Louise Clayton
Director

Date: 26 November 2024

The notes on pages 3 to 6 form part of these financial statements.
Page 2

 


CTKC UK LIMITED
 


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

1.


General information

CTKC UK Limited is a private company, limited by shares, registered in England and Wales, company registration
number 13132015. The registered office is stated on the company information page. There is no principle place of business.

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 Section 1A of Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006.

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 generated through rental income and is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

 
2.3

Interest income

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

 
2.4

Pensions

Defined contribution pension plan

The Company operates a defined contribution plan for its employees. A defined contribution plan is a pension plan under which the Company pays fixed contributions into a separate entity. Once the contributions have been paid the Company has no further payment obligations.

The contributions are recognised as an expense in profit or loss when they fall due. Amounts not paid are shown in accruals as a liability in the Statement of financial position. The assets of the plan are held separately from the Company in independently administered funds.
Page 3

 


CTKC UK LIMITED
 


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

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, using the straight-line method.

Depreciation is provided on the following basis:

Motor vehicles
-
25%
Reducing balance
Fixtures and fittings
-
25%
Straight line
Computer equipment
-
25%
Straight line

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

Investment property

Investment property is carried at fair value determined annually by the directors 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.

 
2.7

Financial instruments

The Company only enters into basic financial instrument transactions that result in the recognition of financial assets and liabilities like trade and other debtors and creditors, loans from banks and other third parties, loans to related parties and investments in ordinary shares.

  
2.8

Borrowing costs

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


3.


Employees

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

Page 4

 


CTKC UK LIMITED
 


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

4.


Tangible fixed assets





Motor vehicles
Fixtures and fittings
Computer equipment
Total

£
£
£
£



Cost or valuation


At 1 February 2023
56,479
5,900
8,657
71,036


Additions
-
51,004
-
51,004



At 31 January 2024

56,479
56,904
8,657
122,040



Depreciation


At 1 February 2023
7,060
1,538
2,561
11,159


Charge for the year on owned assets
12,355
14,226
2,164
28,745



At 31 January 2024

19,415
15,764
4,725
39,904



Net book value



At 31 January 2024
37,064
41,140
3,932
82,136



At 31 January 2023
49,419
4,362
6,096
59,877


5.


Investment property


Freehold investment property
Leasehold investment property
Total

£
£
£



Valuation


At 1 February 2023
825,000
850,000
1,675,000


Additions at cost
25,274
845,806
871,080


Surplus on revaluation
-
304,194
304,194



At 31 January 2024
850,274
2,000,000
2,850,274

The 2024 valuations were made by the directors , on an open market value for existing use basis.




Page 5

 


CTKC UK LIMITED
 


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

6.


Debtors

2024
2023
£
£


Other debtors
326,837
23,192

Prepayments and accrued income
2,491
1,338

329,328
24,530



7.


Creditors: Amounts falling due within one year

2024
2023
£
£

Amounts owed to group undertakings
2,774,295
1,399,971

Other taxation and social security
5,649
2,918

Other creditors
1,529
462

Accruals and deferred income
121,437
27,571

2,902,910
1,430,922



8.


Related party transactions

Included within other debtors are amounts totalling £306,387 (2023: £3,192) owed to the company by the director. 
Amounts advanced in the year total £312,852, amounts repaid in the year total £9,207. Interest arising on this balance totals £1,919.

 
Page 6