Caseware UK (AP4) 2023.0.135 2023.0.135 2024-05-312024-05-3112023-06-01falseNo description of principal activity1falsetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.false 09055759 2023-06-01 2024-05-31 09055759 2022-06-01 2023-05-31 09055759 2024-05-31 09055759 2023-05-31 09055759 c:Director1 2023-06-01 2024-05-31 09055759 d:CurrentFinancialInstruments 2024-05-31 09055759 d:CurrentFinancialInstruments 2023-05-31 09055759 d:CurrentFinancialInstruments d:WithinOneYear 2024-05-31 09055759 d:CurrentFinancialInstruments d:WithinOneYear 2023-05-31 09055759 d:ShareCapital 2024-05-31 09055759 d:ShareCapital 2023-05-31 09055759 d:RetainedEarningsAccumulatedLosses 2024-05-31 09055759 d:RetainedEarningsAccumulatedLosses 2023-05-31 09055759 c:FRS102 2023-06-01 2024-05-31 09055759 c:AuditExempt-NoAccountantsReport 2023-06-01 2024-05-31 09055759 c:FullAccounts 2023-06-01 2024-05-31 09055759 c:PrivateLimitedCompanyLtd 2023-06-01 2024-05-31 09055759 6 2023-06-01 2024-05-31 09055759 e:PoundSterling 2023-06-01 2024-05-31 09055759 d:EntityControlledByKeyManagementPersonnel1 2023-06-01 2024-05-31 09055759 d:EntityControlledByKeyManagementPersonnel1 2024-05-31 09055759 d:EntityControlledByKeyManagementPersonnel2 2023-06-01 2024-05-31 09055759 d:EntityControlledByKeyManagementPersonnel2 2024-05-31 09055759 d:EntityControlledByKeyManagementPersonnel3 2023-06-01 2024-05-31 09055759 d:EntityControlledByKeyManagementPersonnel3 2024-05-31 09055759 d:EntityControlledByKeyManagementPersonnel4 2023-06-01 2024-05-31 09055759 d:EntityControlledByKeyManagementPersonnel4 2024-05-31 09055759 d:EntityControlledByKeyManagementPersonnel5 2023-06-01 2024-05-31 09055759 d:EntityControlledByKeyManagementPersonnel5 2024-05-31 iso4217:GBP xbrli:pure

Registered number: 09055759









CHEVONION LIMITED







UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 31 MAY 2024

 
CHEVONION LIMITED
REGISTERED NUMBER: 09055759

STATEMENT OF FINANCIAL POSITION
AS AT 31 MAY 2024


2024

2023
Note
£
£
£
£

Fixed assets
  

Investments
 4 
17
12

  
17
12

Current assets
  

Debtors: amounts falling due within one year
 5 
912,718
155,760

Cash at bank and in hand
 6 
1,629,237
1,693,519

  
2,541,955
1,849,279

Creditors: amounts falling due within one year
 7 
(51,135)
(758,589)

Net current assets
  
 
 
2,490,820
 
 
1,090,690

  

Net assets
  
2,490,837
1,090,702


Capital and reserves
  

Called up share capital 
 8 
100
100

Profit and loss account
  
2,490,737
1,090,602

  
2,490,837
1,090,702


Page 1

 
CHEVONION LIMITED
REGISTERED NUMBER: 09055759
    
STATEMENT OF FINANCIAL POSITION (CONTINUED)
AS AT 31 MAY 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 on 10 February 2025.




P Kerrigan
Director


The notes on pages 3 to 5 form part of these financial statements.

Page 2

 
CHEVONION LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MAY 2024

1.


General information

Chevonion Limited is a company limited by shares, incorporated in England and Wales. The address of the registered office is 19 Derwent Road, Twickenham, England, TW2 7HQ.
The principal activity of the company is that of a holding 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 company is the parent undertaking of a small group and as such is not required by the Companies Act 2006 to prepare group accounts. These financial statements therefore present information about the company as an individual undertaking and not about its group.

The following principal accounting policies have been applied:

 
2.2

Valuation of investments

Investments in subsidiaries are measured at cost less accumulated impairment.

 
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.

 
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

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.

Page 3

 
CHEVONION LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MAY 2024

3.


Employees

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


4.


Fixed asset investments





Investments in subsidiary companies

£



Cost and net book value


At 1 June 2023
12


Additions
5



At 31 May 2024
17





5.


Debtors

2024
2023
£
£


Amounts owed by group undertakings
14,919
-

Other debtors
897,799
155,760

912,718
155,760



6.


Cash and cash equivalents

2024
2023
£
£

Cash at bank and in hand
1,629,237
1,693,519

1,629,237
1,693,519


Page 4

 
CHEVONION LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MAY 2024

7.


Creditors: Amounts falling due within one year

2024
2023
£
£

Amounts owed to group undertakings
-
750,793

Other creditors
51,135
7,796

51,135
758,589



8.


Share capital

2024
2023
£
£
Allotted, called up and fully paid



Nil (2023 - 100) Ordinary shares of £1 each
-
100
50 (2023 - Nil) Ordinary A shares of £1 each
50
-
50 (2023 - Nil) Ordinary B shares of £1 each
50
-

100

100

During the year, 100 Ordinary £1 shares have been redesignated as 50 Ordinary "A" £1 shares and 50 Ordinary "B" £1 shares.
The Ordinary "A" £1 shares and Ordinary "B" £1 shares are a separate class of shares for the purpose of declaration of dividends. The shares rank pari passu in all other aspects.



9.


Related party transactions

During the year, the company received dividends of £1,562,200 (2023 - £Nil) from its subsidiary. At the year end, the company owed an amount of £14,919 (2023 - £750,793 owed to) by its subsidiary.
 
At the year end, the company was owed an amount of £155,760 (2023 - £155,760) by a company with  common control.
 
At the year end, the company was owed an amount of £742,039 (2023 - £Nil) by a company with a common director.

Included within other creditors is an amount of £307 (2023 - £5,536) due to the director.
 
Included within other creditors is an amount of £50,828 (2023 - £2,260) due to a shareholder.



10.


Controlling party

The ultimate controlling party of the company is the director and his spouse by virtue of their majority shareholding.
 
Page 5