Caseware UK (AP4) 2023.0.135 2023.0.135 2024-04-302024-04-302023-05-01falseNo description of principal activity11falsetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.false 10717114 2023-05-01 2024-04-30 10717114 2022-05-01 2023-04-30 10717114 2024-04-30 10717114 2023-04-30 10717114 c:Director1 2023-05-01 2024-04-30 10717114 d:PlantMachinery 2023-05-01 2024-04-30 10717114 d:FurnitureFittings 2023-05-01 2024-04-30 10717114 d:OfficeEquipment 2023-05-01 2024-04-30 10717114 d:OfficeEquipment 2024-04-30 10717114 d:OfficeEquipment 2023-04-30 10717114 d:OfficeEquipment d:OwnedOrFreeholdAssets 2023-05-01 2024-04-30 10717114 d:ComputerEquipment 2023-05-01 2024-04-30 10717114 d:ComputerEquipment 2024-04-30 10717114 d:ComputerEquipment 2023-04-30 10717114 d:ComputerEquipment d:OwnedOrFreeholdAssets 2023-05-01 2024-04-30 10717114 d:OwnedOrFreeholdAssets 2023-05-01 2024-04-30 10717114 d:CurrentFinancialInstruments 2024-04-30 10717114 d:CurrentFinancialInstruments 2023-04-30 10717114 d:CurrentFinancialInstruments d:WithinOneYear 2024-04-30 10717114 d:CurrentFinancialInstruments d:WithinOneYear 2023-04-30 10717114 d:ShareCapital 2024-04-30 10717114 d:ShareCapital 2023-04-30 10717114 d:SharePremium 2024-04-30 10717114 d:SharePremium 2023-04-30 10717114 d:CapitalRedemptionReserve 2024-04-30 10717114 d:CapitalRedemptionReserve 2023-04-30 10717114 d:RetainedEarningsAccumulatedLosses 2024-04-30 10717114 d:RetainedEarningsAccumulatedLosses 2023-04-30 10717114 c:OrdinaryShareClass1 2023-05-01 2024-04-30 10717114 c:OrdinaryShareClass1 2024-04-30 10717114 c:OrdinaryShareClass1 2023-04-30 10717114 c:FRS102 2023-05-01 2024-04-30 10717114 c:AuditExempt-NoAccountantsReport 2023-05-01 2024-04-30 10717114 c:FullAccounts 2023-05-01 2024-04-30 10717114 c:PrivateLimitedCompanyLtd 2023-05-01 2024-04-30 10717114 2 2023-05-01 2024-04-30 10717114 e:PoundSterling 2023-05-01 2024-04-30 xbrli:shares iso4217:GBP xbrli:pure

Registered number: 10717114









TATATA LIMITED







UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 30 APRIL 2024

 
TATATA LIMITED
REGISTERED NUMBER: 10717114

BALANCE SHEET
AS AT 30 APRIL 2024

2024
2023
Note
£
£

Fixed assets
  

Tangible fixed assets
  
19,384
18,581

Current assets
  

Debtors due within 1 year
  
6,235
17,895

Cash at bank and in hand
 6 
245,327
249,199

Current liabilities
  
251,562
267,094

Creditors: Amounts Falling Due Within One Year
 7 
(39,494)
(45,878)

Net current assets
  
 
 
212,068
 
 
221,216

  

Net assets
  
231,452
239,797


Capital and reserves
  

Called up share capital 
  
1
1

Share premium account
  
(62,000)
(62,000)

Capital redemption reserve
  
1
1

Profit and loss account
  
293,450
301,795

  
231,452
239,797


Page 1

 
TATATA LIMITED
REGISTERED NUMBER: 10717114
    
BALANCE SHEET (CONTINUED)
AS AT 30 APRIL 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 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 22 January 2025.




A Rae
Director

The notes on pages 3 to 7 form part of these financial statements.
Page 2

 
TATATA LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2024

1.


General information

Tatata Limited is a private company, Limited by shares, registered in England and Wales. The adress of the registered company is 124 Finchley Road, London, NW3 5JS.

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

Foreign currency translation

Functional and presentation currency

The Company's functional and presentational currency is GBP.

Transactions and balances

Foreign currency transactions are translated into the functional currency using the spot exchange rates at the dates of the transactions.

At each period end foreign currency monetary items are translated using the closing rate. Non-monetary items measured at historical cost are translated using the exchange rate at the date of the transaction and non-monetary items measured at fair value are measured using the exchange rate when fair value was determined.

Foreign exchange gains and losses resulting from the settlement of transactions and from the translation at period-end exchange rates of monetary assets and liabilities denominated in foreign currencies are recognised in profit or loss except when deferred in other comprehensive income as qualifying cash flow hedges.

Foreign exchange gains and losses that relate to borrowings and cash and cash equivalents are presented in the statement of income and retained earnings within 'finance income or costs'. All other foreign exchange gains and losses are presented in profit or loss within 'other operating income'.

 
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. 

Page 3

 
TATATA LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2024

2.Accounting policies (continued)

 
2.4

Operating leases: the Company as lessee

Rentals paid under operating leases are charged to profit or loss on a straight-line basis over the lease term.

Benefits received and receivable as an incentive to sign an operating lease are recognised on a straight-line basis over the lease term, unless another systematic basis is representative of the time pattern of the lessee's benefit from the use of the leased asset.

 
2.5

Research and development

In the research phase of an internal project it is not possible to demonstrate that the project will generate future economic benefits and hence all expenditure on research shall be recognised as an expense when it is incurred. Intangible assets are recognised from the development phase of a project if and only if certain specific criteria are met in order to demonstrate the asset will generate probable future economic benefits and that its cost can be reliably measured. The capitalised development costs are subsequently amortised on a straight-line basis over their useful economic lives, which range from 3 to 6 years.
If it is not possible to distinguish between the research phase and the development phase of an internal project, the expenditure is treated as if it were all incurred in the research phase only.

 
2.6

Interest income

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

 
2.7

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.

 
2.8

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.

Page 4

 
TATATA LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2024

2.Accounting policies (continued)


2.8
Tangible fixed assets (continued)

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:

Plant and machinery
-
25%
Straight line basis
Fixtures and fittings
-
25%
Straight line basis
Office equipment
-
25%
Straight line basis
Computer equipment
-
25%
Straight line basis

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.

 
2.9

Debtors

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

 
2.10

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. 

 
2.11

Creditors

Short-term creditors are measured at the transaction price.

 
2.12

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, and loans to related parties.

 
2.13

Dividends

Equity dividends are recognised when they become legally payable.

Page 5

 
TATATA LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2024

3.


Employees

2024
£

Wages and salaries
133,770

Social security costs
10,801

144,571


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


4.


Tangible fixed assets





Fixtures & Fittings & Equipment
Computer equipment
Total

£
£
£



Cost or valuation


At 1 May 2023
22,632
13,122
35,754


Additions
-
7,344
7,344



At 30 April 2024

22,632
20,466
43,098



Depreciation


At 1 May 2023
8,249
8,924
17,173


Charge for the year on owned assets
3,901
2,640
6,541



At 30 April 2024

12,150
11,564
23,714



Net book value



At 30 April 2024
10,482
8,902
19,384



At 30 April 2023
14,383
4,198
18,581


5.


Debtors

2024
2023
£
£


Other debtors
6,235
17,895

6,235
17,895
Page 6

 
TATATA LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2024

5.Debtors (continued)




6.


Cash and cash equivalents

2024
2023
£
£

Cash at bank and in hand
245,327
249,199

245,327
249,199



7.


Creditors: Amounts falling due within one year

2024
2023
£
£

Trade creditors
450
-

Other taxation and social security
33,229
42,378

Other creditors
1,415
1,000

Accruals
4,400
2,500

39,494
45,878



8.


Share capital

2024
2023
£
£
Allotted, called up and fully paid



1 (2023 - 1) Ordinary Shares share of £1.00
1
1



9.


Related party transactions

At the reporting date, the director was owed from the company £415 (2023 owing to: £3,703) which is included in other creditors (2023: debtors). 

 
Page 7