Caseware UK (AP4) 2024.0.164 2024.0.164 2024-02-272024-02-27false2023-02-28falseFinancial Intermediation22falsetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. 06831373 2023-02-28 2024-02-27 06831373 2022-02-28 2023-02-27 06831373 2024-02-27 06831373 2023-02-27 06831373 c:Director1 2023-02-28 2024-02-27 06831373 d:OfficeEquipment 2023-02-28 2024-02-27 06831373 d:OfficeEquipment 2024-02-27 06831373 d:OfficeEquipment 2023-02-27 06831373 d:OfficeEquipment d:OwnedOrFreeholdAssets 2023-02-28 2024-02-27 06831373 d:CurrentFinancialInstruments 2024-02-27 06831373 d:CurrentFinancialInstruments 2023-02-27 06831373 d:CurrentFinancialInstruments d:WithinOneYear 2024-02-27 06831373 d:CurrentFinancialInstruments d:WithinOneYear 2023-02-27 06831373 d:ShareCapital 2024-02-27 06831373 d:ShareCapital 2023-02-27 06831373 d:RetainedEarningsAccumulatedLosses 2024-02-27 06831373 d:RetainedEarningsAccumulatedLosses 2023-02-27 06831373 c:OrdinaryShareClass1 2023-02-28 2024-02-27 06831373 c:OrdinaryShareClass1 2024-02-27 06831373 c:OrdinaryShareClass1 2023-02-27 06831373 c:FRS102 2023-02-28 2024-02-27 06831373 c:AuditExempt-NoAccountantsReport 2023-02-28 2024-02-27 06831373 c:FullAccounts 2023-02-28 2024-02-27 06831373 c:PrivateLimitedCompanyLtd 2023-02-28 2024-02-27 06831373 6 2023-02-28 2024-02-27 06831373 e:PoundSterling 2023-02-28 2024-02-27 xbrli:shares iso4217:GBP xbrli:pure

Registered number: 06831373









SPOTTY TIGER LTD







UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 27 FEBRUARY 2024

 
SPOTTY TIGER LTD
REGISTERED NUMBER: 06831373

BALANCE SHEET
AS AT 27 FEBRUARY 2024

2024
2023
£
£

Fixed assets
  

Tangible assets
 4 
186
248

Investments
 5 
378,345
378,345

  
378,531
378,593

Current assets
  

Debtors: amounts falling due within one year
 6 
1,044,665
447,265

Cash at bank and in hand
 7 
164,526
815,188

  
1,209,191
1,262,453

Creditors: amounts falling due within one year
 8 
(70,677)
(116,427)

Net current assets
  
 
 
1,138,514
 
 
1,146,026

Total assets less current liabilities
  
1,517,045
1,524,619

  

Net assets
  
1,517,045
1,524,619


Capital and reserves
  

Called up share capital 
 9 
100
100

Profit and loss account
  
1,516,945
1,524,519

  
1,517,045
1,524,619


Page 1

 
SPOTTY TIGER LTD
REGISTERED NUMBER: 06831373
    
BALANCE SHEET (CONTINUED)
AS AT 27 FEBRUARY 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 24 January 2025.




S O'Reilly Esq
Director

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

Page 2

 
SPOTTY TIGER LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 27 FEBRUARY 2024

1.


General information

Spotty Tiger Limited is a private company limited by shares and incorporated in England and Wales. The address of the registered office is Charles Lake House, Claire Causeway, Crossways Business Park, Dartford, Kent, DA2 6QA. The principal activity of the company has previously been that of derivative trading of oil. The company has acquired and rent a property.

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 comprehensive income within 'finance income or costs'. All other foreign exchange gains and losses are presented in profit or loss within 'other operating income'.

Page 3

 
SPOTTY TIGER LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 27 FEBRUARY 2024

2.Accounting policies (continued)

 
2.3

Revenue

Turnover is recognised to the extent that it is probable that the economic benefits will flow to the Company and the turnover can be reliably measured. Turnover 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 turnover is recognised:

Rendering of services

Turnover 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 turnover 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

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.

Deferred tax balances are recognised in respect of all timing differences that have originated but not reversed by the balance sheet date, except that:
The recognition of deferred tax assets is limited to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits; and
Any deferred tax balances are reversed if and when all conditions for retaining associated tax allowances have been met.

Deferred tax balances are not recognised in respect of permanent differences except in respect of business combinations, when deferred tax is recognised on the differences between the fair values of assets acquired and the future tax deductions available for them and the differences between the fair values of liabilities acquired and the amount that will be assessed for tax. Deferred tax is determined using tax rates and laws that have been enacted or substantively enacted by the balance sheet date.


 
2.5

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

 
SPOTTY TIGER LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 27 FEBRUARY 2024

2.Accounting policies (continued)


2.5
Tangible fixed assets (continued)

Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, on a reducing balance basis.

Depreciation is provided on the following basis:

Office equipment
-
25% reducing balance

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.

 
2.6

Investment property

Investment property is carried at fair value determined annually by directors and derived from the current market rents and investment property yields for comparable real estate, adjusted if necessary for any difference in the nature, location or condition of the specific asset. No depreciation is provided. Changes in fair value are recognised in the statement of comprehensive income.

 
2.7

Valuation of investments

Investments in subsidiaries are measured at cost less accumulated impairment.

 
2.8

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.

 
2.9

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.

 
2.10

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.

 
2.11

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 5

 
SPOTTY TIGER LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 27 FEBRUARY 2024

3.


Employees

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


4.


Tangible fixed assets





Office equipment

£



Cost or valuation


At 28 February 2023
3,436



At 27 February 2024

3,436



Depreciation


At 28 February 2023
3,188


Charge for the year 
62



At 27 February 2024

3,250



Net book value



At 27 February 2024
186



At 27 February 2023
248


5.


Fixed asset investments





Other fixed asset investments

£



Cost or valuation


At 28 February 2023
378,345



At 27 February 2024
378,345




Page 6

 
SPOTTY TIGER LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 27 FEBRUARY 2024

6.


Debtors

2024
2023
£
£


Other debtors
1,044,565
447,165

Called up share capital not paid
100
100

1,044,665
447,265



7.


Cash and cash equivalents

2024
2023
£
£

Cash at bank and in hand
164,526
815,188

164,526
815,188



8.


Creditors: Amounts falling due within one year

2024
2023
£
£

Other creditors
65,177
113,677

Accruals
5,500
2,750

70,677
116,427



9.


Share capital

2024
2023
£
£
Allotted, called up and fully paid



100 (2023 - 100) Ordinary shares of £1.00 each
100
100


 
Page 7