Caseware UK (AP4) 2023.0.135 2023.0.135 2024-08-312024-08-312023-09-01falseNo description of principal activity22truetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.false 10347658 2023-09-01 2024-08-31 10347658 2022-09-01 2023-08-31 10347658 2024-08-31 10347658 2023-08-31 10347658 c:Director1 2023-09-01 2024-08-31 10347658 d:CurrentFinancialInstruments 2024-08-31 10347658 d:CurrentFinancialInstruments 2023-08-31 10347658 d:Non-currentFinancialInstruments 2024-08-31 10347658 d:Non-currentFinancialInstruments 2023-08-31 10347658 d:CurrentFinancialInstruments d:WithinOneYear 2024-08-31 10347658 d:CurrentFinancialInstruments d:WithinOneYear 2023-08-31 10347658 d:Non-currentFinancialInstruments d:AfterOneYear 2024-08-31 10347658 d:Non-currentFinancialInstruments d:AfterOneYear 2023-08-31 10347658 d:Non-currentFinancialInstruments d:BetweenOneTwoYears 2024-08-31 10347658 d:Non-currentFinancialInstruments d:BetweenOneTwoYears 2023-08-31 10347658 d:Non-currentFinancialInstruments d:MoreThanFiveYears 2024-08-31 10347658 d:Non-currentFinancialInstruments d:MoreThanFiveYears 2023-08-31 10347658 d:ShareCapital 2024-08-31 10347658 d:ShareCapital 2023-08-31 10347658 d:RetainedEarningsAccumulatedLosses 2024-08-31 10347658 d:RetainedEarningsAccumulatedLosses 2023-08-31 10347658 c:FRS102 2023-09-01 2024-08-31 10347658 c:AuditExempt-NoAccountantsReport 2023-09-01 2024-08-31 10347658 c:FullAccounts 2023-09-01 2024-08-31 10347658 c:PrivateLimitedCompanyLtd 2023-09-01 2024-08-31 10347658 2 2023-09-01 2024-08-31 10347658 e:PoundSterling 2023-09-01 2024-08-31 iso4217:GBP xbrli:pure

Registered number: 10347658









VEIRAN LIMITED







UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 31 AUGUST 2024

 
VEIRAN LIMITED
REGISTERED NUMBER: 10347658

BALANCE SHEET
AS AT 31 AUGUST 2024

2024
2023
Note
£
£

  

Current assets
  

Debtors: amounts falling due within one year
 4 
269,409
164,132

Cash at bank and in hand
 5 
3,345
1,549

  
272,754
165,681

Creditors: amounts falling due within one year
 6 
(218,227)
(97,492)

Net current assets
  
 
 
54,527
 
 
68,189

Total assets less current liabilities
  
54,527
68,189

Creditors: amounts falling due after more than one year
 7 
(28,307)
(33,840)

  

Net assets
  
26,220
34,349


Capital and reserves
  

Called up share capital 
  
25,000
25,000

Profit and loss account
  
1,220
9,349

  
26,220
34,349


Page 1

 
VEIRAN LIMITED
REGISTERED NUMBER: 10347658
    
BALANCE SHEET (CONTINUED)
AS AT 31 AUGUST 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 his 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 Vichman
Director

Date: 13 January 2025

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

Page 2

 
VEIRAN LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2024

1.


General information

Veiran Limited is a private company limited by shares, incorporated in England & Wales. The registered office address is 101 New Cavendish Street, 1st Floor South, London, 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

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.

 
2.4

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.

Page 3

 
VEIRAN LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2024

2.Accounting policies (continued)

 
2.5

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.

 
2.6

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.

 
2.7

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.

 
2.8

Interest income

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

 
2.9

Borrowing costs

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


3.


Employees

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


4.


Debtors

2024
2023
£
£


Other debtors
216,769
93,629

Prepayments and accrued income
52,640
70,503

269,409
164,132


Page 4

 
VEIRAN LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2024

5.


Cash and cash equivalents

2024
2023
£
£

Cash at bank and in hand
3,345
1,549

3,345
1,549



6.


Creditors: Amounts falling due within one year

2024
2023
£
£

Bank loans
5,559
5,559

Other creditors
202,668
86,933

Accruals and deferred income
10,000
5,000

218,227
97,492



7.


Creditors: Amounts falling due after more than one year

2024
2023
£
£

Bank loans
28,307
33,840

28,307
33,840


Page 5

 
VEIRAN LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2024

8.


Loans


Analysis of the maturity of loans is given below:


2024
2023
£
£

Amounts falling due within one year

Bank loans
5,559
5,559


5,559
5,559

Amounts falling due 1-2 years

Bank loans
5,558
5,558


5,558
5,558


Amounts falling due after more than 5 years

Bank loans
22,749
28,282

22,749
28,282

33,866
39,399


 
Page 6