Caseware UK (AP4) 2023.0.135 2023.0.135 2024-05-312024-05-31true222023-06-01falseNo description of principal activitytrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.false 10783835 2023-06-01 2024-05-31 10783835 2022-06-01 2023-05-31 10783835 2024-05-31 10783835 2023-05-31 10783835 c:Director1 2023-06-01 2024-05-31 10783835 d:FurnitureFittings 2023-06-01 2024-05-31 10783835 d:FurnitureFittings 2024-05-31 10783835 d:FurnitureFittings 2023-05-31 10783835 d:FurnitureFittings d:OwnedOrFreeholdAssets 2023-06-01 2024-05-31 10783835 d:ComputerEquipment 2023-06-01 2024-05-31 10783835 d:ComputerEquipment 2024-05-31 10783835 d:ComputerEquipment 2023-05-31 10783835 d:ComputerEquipment d:OwnedOrFreeholdAssets 2023-06-01 2024-05-31 10783835 d:OwnedOrFreeholdAssets 2023-06-01 2024-05-31 10783835 d:CurrentFinancialInstruments 2024-05-31 10783835 d:CurrentFinancialInstruments 2023-05-31 10783835 d:CurrentFinancialInstruments d:WithinOneYear 2024-05-31 10783835 d:CurrentFinancialInstruments d:WithinOneYear 2023-05-31 10783835 d:ShareCapital 2024-05-31 10783835 d:ShareCapital 2023-05-31 10783835 d:RetainedEarningsAccumulatedLosses 2024-05-31 10783835 d:RetainedEarningsAccumulatedLosses 2023-05-31 10783835 c:FRS102 2023-06-01 2024-05-31 10783835 c:AuditExempt-NoAccountantsReport 2023-06-01 2024-05-31 10783835 c:FullAccounts 2023-06-01 2024-05-31 10783835 c:PrivateLimitedCompanyLtd 2023-06-01 2024-05-31 10783835 2 2023-06-01 2024-05-31 10783835 6 2023-06-01 2024-05-31 10783835 e:PoundSterling 2023-06-01 2024-05-31 iso4217:GBP xbrli:pure

Registered number: 10783835









SMALIOR LTD







UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 31 MAY 2024

 
SMALIOR LTD
REGISTERED NUMBER: 10783835

STATEMENT OF FINANCIAL POSITION
AS AT 31 MAY 2024

2024
2023
Note
£
£

Fixed assets
  

Tangible assets
 4 
2,065
304

Investments
 5 
200,000
200,000

  
202,065
200,304

Current assets
  

Debtors: amounts falling due within one year
 6 
125,000
39,718

Cash at bank and in hand
  
23,102
32,696

  
148,102
72,414

Creditors: amounts falling due within one year
 7 
(164,666)
(140,652)

Net current liabilities
  
 
 
(16,564)
 
 
(68,238)

Total assets less current liabilities
  
185,501
132,066

  

Net assets
  
185,501
132,066


Capital and reserves
  

Called up share capital 
  
200
200

Profit and loss account
  
185,301
131,866

  
185,501
132,066


Page 1

 
SMALIOR LTD
REGISTERED NUMBER: 10783835
    
STATEMENT OF FINANCIAL POSITION (CONTINUED)
AS AT 31 MAY 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 by: 




Lior Eisenberg
Director

Date: 21 January 2025

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

Page 2

 
SMALIOR LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MAY 2024

1.


General information

Smalior Ltd is a private company, limited by shares, registered in England and Wales (Registered number 10783835). The registered office is 101 New Cavendish Street, 1st Floor South, London, United Kingdom, 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.

 
2.2

Going concern

In assessing the ability of the company to operate as a going concern, management have evaluated current and forecasted operational results, and the solvency of the company. 
As a result, the directors consider it appropriate to prepare the financial statements on a going concern basis.

 
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, 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.

 
2.4

Interest income

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

Page 3

 
SMALIOR LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MAY 2024

2.Accounting policies (continued)

 
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

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:

Fixtures and fittings
-
25%
straight line
Computer 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.

 
2.7

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 reporting date. Gains and losses on remeasurement are recognised in the Statement of comprehensive income 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 reporting date. Gains and losses on remeasurement are recognised in profit or loss for the period.

 
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.

Page 4

 
SMALIOR LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MAY 2024

2.Accounting policies (continued)

 
2.9

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.


3.


Employees

The average monthly number of employees, including directors, during the year was 2.


4.


Tangible fixed assets





Fixtures and fittings
Computer equipment
Total

£
£
£



Cost or valuation


At 1 June 2023
24,678
3,876
28,554


Additions
-
2,694
2,694



At 31 May 2024

24,678
6,570
31,248



Depreciation


At 1 June 2023
24,667
3,583
28,250


Charge for the year on owned assets
10
923
933



At 31 May 2024

24,677
4,506
29,183



Net book value



At 31 May 2024
1
2,064
2,065



At 31 May 2023
11
293
304

Page 5

 
SMALIOR LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MAY 2024

5.


Fixed asset investments





Unlisted investments

£



Cost or valuation


At 1 June 2023
200,000



At 31 May 2024
200,000





6.


Debtors

2024
2023
£
£


Other debtors
125,000
39,718

125,000
39,718



7.


Creditors: Amounts falling due within one year

2024
2023
£
£

Other loans
91,888
91,888

Corporation tax
54,938
33,287

Other taxation and social security
12,840
11,977

Accruals and deferred income
5,000
3,500

164,666
140,652


 
Page 6