Caseware UK (AP4) 2023.0.135 2023.0.135 2024-03-31falseThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.2023-04-01falseNo description of principal activity88truetrue 03702956 2023-04-01 2024-03-31 03702956 2022-04-01 2023-03-31 03702956 2024-03-31 03702956 2023-03-31 03702956 c:Director1 2023-04-01 2024-03-31 03702956 c:Director2 2023-04-01 2024-03-31 03702956 c:Director3 2023-04-01 2024-03-31 03702956 c:Director3 2024-03-31 03702956 c:RegisteredOffice 2023-04-01 2024-03-31 03702956 d:Buildings d:ShortLeaseholdAssets 2023-04-01 2024-03-31 03702956 d:Buildings d:ShortLeaseholdAssets 2024-03-31 03702956 d:Buildings d:ShortLeaseholdAssets 2023-03-31 03702956 d:FurnitureFittings 2023-04-01 2024-03-31 03702956 d:FurnitureFittings 2024-03-31 03702956 d:FurnitureFittings 2023-03-31 03702956 d:FurnitureFittings d:OwnedOrFreeholdAssets 2023-04-01 2024-03-31 03702956 d:OfficeEquipment 2023-04-01 2024-03-31 03702956 d:OfficeEquipment 2024-03-31 03702956 d:OfficeEquipment 2023-03-31 03702956 d:OfficeEquipment d:OwnedOrFreeholdAssets 2023-04-01 2024-03-31 03702956 d:OwnedOrFreeholdAssets 2023-04-01 2024-03-31 03702956 d:CurrentFinancialInstruments 2024-03-31 03702956 d:CurrentFinancialInstruments 2023-03-31 03702956 d:Non-currentFinancialInstruments 2024-03-31 03702956 d:Non-currentFinancialInstruments 2023-03-31 03702956 d:CurrentFinancialInstruments d:WithinOneYear 2024-03-31 03702956 d:CurrentFinancialInstruments d:WithinOneYear 2023-03-31 03702956 d:ShareCapital 2024-03-31 03702956 d:ShareCapital 2023-03-31 03702956 d:RetainedEarningsAccumulatedLosses 2024-03-31 03702956 d:RetainedEarningsAccumulatedLosses 2023-03-31 03702956 c:FRS102 2023-04-01 2024-03-31 03702956 c:AuditExempt-NoAccountantsReport 2023-04-01 2024-03-31 03702956 c:FullAccounts 2023-04-01 2024-03-31 03702956 c:PrivateLimitedCompanyLtd 2023-04-01 2024-03-31 03702956 d:WithinOneYear 2024-03-31 03702956 d:WithinOneYear 2023-03-31 03702956 2 2023-04-01 2024-03-31 03702956 6 2023-04-01 2024-03-31 03702956 e:PoundSterling 2023-04-01 2024-03-31 iso4217:GBP xbrli:pure
Registered number: 03702956










AYRTON WYLIE LIMITED
UNAUDITED
ANNUAL REPORT
FOR THE YEAR ENDED 31 MARCH 2024




















 
AYRTON WYLIE LIMITED
 
 
Company Information


Directors
Mr S Ayrton 
Mr S V Wylie 
Mr J Randall (resigned 28 June 2024)




Registered number
03702956



Registered office
3rd Floor
12 Gough Square

London

EC4A 3DW





 
AYRTON WYLIE LIMITED
Registered number: 03702956

Balance sheet
As at 31 March 2024

2024
2023
Note
£
£

Fixed assets
  

Tangible assets
 4 
557
3,020

Investments
 5 
-
1,263

  
557
4,283

Current assets
  

Debtors: amounts falling due after more than one year
 6 
8,000
8,000

Debtors: amounts falling due within one year
 6 
35,997
302,431

Cash at bank and in hand
  
161,432
46,086

  
205,429
356,517

Creditors: amounts falling due within one year
 7 
(92,043)
(218,919)

Net current assets
  
 
 
113,386
 
 
137,598

Total assets less current liabilities
  
113,943
141,881

  

Net assets
  
113,943
141,881


Capital and reserves
  

Called up share capital 
  
11,000
11,000

Profit and loss account
  
102,943
130,881

  
113,943
141,881


Page 1

 
AYRTON WYLIE LIMITED
Registered number: 03702956
    
Balance sheet (continued)
As at 31 March 2024

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 on 28 October 2024.




Mr S Ayrton
Mr S V Wylie
Director
Director

The notes on pages 3 to 7 form part of these financial statements.

Page 2

 
AYRTON WYLIE LIMITED
 
 
 
Notes to the financial statements
For the Year Ended 31 March 2024

1.


General information

Ayrton Wylie Limited is a private company limited by share capital, incorporated in England and Wales, registration number 03702956. The address of the registered office is 3rd Floor, 12 Gough Square, London, EC4A 3DW.

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

Turnover

Turnover comprises of revenue recognised by the Company in respect of services supplied during the period, exclusive of Value Added Tax and trade discounts.

 
2.3

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, .

Depreciation is provided on the following basis:

S/Term Leasehold Property
-
over life of lease
Fixtures & fittings
-
20% reducing balance
Office equipment
-
33% 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.

 
2.4

Valuation of investments

Investments in listed company shares 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.

 
2.5

Debtors

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

Page 3

 
AYRTON WYLIE LIMITED
 
 
 
Notes to the financial statements
For the Year Ended 31 March 2024

2.Accounting policies (continued)

 
2.6

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.

 
2.7

Creditors

Short-term creditors are measured at the transaction price.

 
2.8

Dividends

Equity dividends are recognised when they become legally payable. Interim equity dividends are recognised when paid. Final equity dividends are recognised when approved by the shareholders at an annual general meeting.

 
2.9

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 Balance sheet. The assets of the plan are held separately from the Company in independently administered funds.

 
2.10

Interest income

Interest income is recognised in the Profit and loss account using the effective interest method.

 
2.11

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.



3.


Employees

The average monthly number of employees, including directors, during the year was 8 (2023 - 8).

Page 4

 
AYRTON WYLIE LIMITED
 
 
 
Notes to the financial statements
For the Year Ended 31 March 2024

4.


Tangible fixed assets





S/Term Leasehold Property
Fixtures & fittings
Office equipment
Total

£
£
£
£



Cost or valuation


At 1 April 2023
93,110
81,080
6,722
180,912



At 31 March 2024

93,110
81,080
6,722
180,912



Depreciation


At 1 April 2023
91,093
81,080
5,719
177,892


Charge for the year on owned assets
2,017
-
446
2,463



At 31 March 2024

93,110
81,080
6,165
180,355



Net book value



At 31 March 2024
-
-
557
557



At 31 March 2023
2,017
-
1,003
3,020


5.


Fixed asset investments





Listed investments

£





At 1 April 2023
1,263


Disposals
(1,263)



At 31 March 2024
-




Page 5

 
AYRTON WYLIE LIMITED
 
 
 
Notes to the financial statements
For the Year Ended 31 March 2024

6.


Debtors

2024
2023
£
£

Due after more than one year

Other debtors
8,000
8,000

8,000
8,000


2024
2023
£
£

Due within one year

Trade debtors
21,539
294,360

Other debtors
14,458
8,071

35,997
302,431



7.


Creditors: Amounts falling due within one year

2024
2023
£
£

Trade creditors
14,847
12,428

Corporation tax
1,525
42,397

Other taxation and social security
43,625
79,344

Other creditors
32,046
84,750

92,043
218,919



8.


Commitments under operating leases

At 31 March 2024 the Company had future minimum lease payments due under non-cancellable operating leases for each of the following periods:

2024
2023
£
£


Not later than 1 year
-
14,450

-
14,450

Page 6

 
AYRTON WYLIE LIMITED
 
 
 
Notes to the financial statements
For the Year Ended 31 March 2024

9.


Related party transactions

At 31 March 2024 the Company owed the directors and their spouses £nil (2023: £19,608). Interest is charged on balances owed to the Company at a rate of 2.0% per annum.

 
Page 7