Caseware UK (AP4) 2023.0.135 2023.0.135 2024-02-292024-02-29No description of principal activity12023-03-01false2truetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.false 11229836 2023-03-01 2024-02-29 11229836 2022-03-01 2023-02-28 11229836 2024-02-29 11229836 2023-02-28 11229836 c:Director2 2023-03-01 2024-02-29 11229836 d:CurrentFinancialInstruments 2024-02-29 11229836 d:CurrentFinancialInstruments 2023-02-28 11229836 d:CurrentFinancialInstruments d:WithinOneYear 2024-02-29 11229836 d:CurrentFinancialInstruments d:WithinOneYear 2023-02-28 11229836 d:ShareCapital 2024-02-29 11229836 d:ShareCapital 2023-02-28 11229836 d:RetainedEarningsAccumulatedLosses 2024-02-29 11229836 d:RetainedEarningsAccumulatedLosses 2023-02-28 11229836 c:OrdinaryShareClass1 2023-03-01 2024-02-29 11229836 c:OrdinaryShareClass1 2024-02-29 11229836 c:FRS102 2023-03-01 2024-02-29 11229836 c:AuditExempt-NoAccountantsReport 2023-03-01 2024-02-29 11229836 c:FullAccounts 2023-03-01 2024-02-29 11229836 c:PrivateLimitedCompanyLtd 2023-03-01 2024-02-29 11229836 e:PoundSterling 2023-03-01 2024-02-29 xbrli:shares iso4217:GBP xbrli:pure

Registered number: 11229836









FRESHTUNES LTD







UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 29 FEBRUARY 2024

 
FRESHTUNES LTD
REGISTERED NUMBER: 11229836

STATEMENT OF FINANCIAL POSITION
AS AT 29 FEBRUARY 2024

2024
2023
Note
£
£

  

Current assets
  

Debtors: amounts falling due within one year
 4 
281,725
501,696

Bank and cash balances
  
147,033
727,142

  
428,758
1,228,838

Current liabilities
  

Creditors: amounts falling due within one year
 5 
(306,893)
(1,180,943)

  

Net assets
  
121,865
47,895


Capital and reserves
  

Called up share capital 
 6 
1
1

Profit and loss account
  
121,864
47,894

  
121,865
47,895


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 27 November 2024.




N Amangaliyev
Director

The notes on pages 2 to 4 form part of these financial statements.

Page 1

 
FRESHTUNES LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 29 FEBRUARY 2024

1.


General information

Freshtunes Ltd is a private company, limited by shares, registered in England and Wales. The address of its registered office is Scott House, Suite 1, Waterloo Station, London, England, SE1 7LY.

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

Functional and presentational currency

The functional and presentational currency of the company is GBP.

 
2.3

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.
Turnover from service provided is recognised when received or receivable.

 
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.

 
2.5

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.

 
2.6

Debtors

Short term debtors are measured at transaction price, less any impairment.

Page 2

 
FRESHTUNES LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 29 FEBRUARY 2024

2.Accounting policies (continued)

 
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.

 
2.8

Creditors

Short term creditors are measured at the transaction price. 


3.


Employees

The average monthly number of employees, including directors, during the year was 2 (2023 - 1).


4.


Debtors

2024
2023
£
£


Accrued income
281,725
501,696



5.


Creditors: Amounts falling due within one year

2024
2023
£
£

Bank overdrafts
-
901

Trade creditors
83,730
697,418

Other taxation and social security
15,309
17,621

Other creditors
2,242
1,636

Accruals
205,612
463,367

306,893
1,180,943


Page 3

 
FRESHTUNES LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 29 FEBRUARY 2024

6.


Share capital

2024
2023
£
£
Allotted, called up and fully paid



1 Ordinary share of £1.00
1
1


 
Page 4