Caseware UK (AP4) 2023.0.135 2023.0.135 2024-05-312024-05-31false2023-06-01false1No description of principal activity1truetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. 08524518 2023-06-01 2024-05-31 08524518 2022-06-01 2023-05-31 08524518 2024-05-31 08524518 2023-05-31 08524518 c:Director1 2023-06-01 2024-05-31 08524518 d:ComputerEquipment 2024-05-31 08524518 d:ComputerEquipment 2023-05-31 08524518 d:ComputerEquipment d:OwnedOrFreeholdAssets 2023-06-01 2024-05-31 08524518 d:CurrentFinancialInstruments 2024-05-31 08524518 d:CurrentFinancialInstruments 2023-05-31 08524518 d:CurrentFinancialInstruments d:WithinOneYear 2024-05-31 08524518 d:CurrentFinancialInstruments d:WithinOneYear 2023-05-31 08524518 d:ShareCapital 2024-05-31 08524518 d:ShareCapital 2023-05-31 08524518 d:RetainedEarningsAccumulatedLosses 2024-05-31 08524518 d:RetainedEarningsAccumulatedLosses 2023-05-31 08524518 c:FRS102 2023-06-01 2024-05-31 08524518 c:AuditExempt-NoAccountantsReport 2023-06-01 2024-05-31 08524518 c:FullAccounts 2023-06-01 2024-05-31 08524518 c:PrivateLimitedCompanyLtd 2023-06-01 2024-05-31 08524518 2 2023-06-01 2024-05-31 08524518 e:PoundSterling 2023-06-01 2024-05-31 iso4217:GBP xbrli:pure

Registered number: 08524518









TINDERBOX ASSET MANAGEMENT LTD







UNAUDITED

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MAY 2024

 
TINDERBOX ASSET MANAGEMENT LTD
REGISTERED NUMBER: 08524518

STATEMENT OF FINANCIAL POSITION
AS AT 31 MAY 2024

2024
2023
Note
£
£

Fixed assets
  

Tangible assets
 4 
41
102

  
41
102

Current assets
  

Debtors: amounts falling due within one year
 5 
4,550
-

Cash at bank and in hand
 6 
4,481
686

  
9,031
686

Creditors: amounts falling due within one year
 7 
(12,060)
(1,469)

Net current liabilities
  
 
 
(3,029)
 
 
(783)

Total assets less current liabilities
  
(2,988)
(681)

  

Net liabilities
  
(2,988)
(681)


Capital and reserves
  

Called up share capital 
  
1
1

Profit and loss account
  
(2,989)
(682)

  
(2,988)
(681)


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.

Page 1

 
TINDERBOX ASSET MANAGEMENT LTD
REGISTERED NUMBER: 08524518
    
STATEMENT OF FINANCIAL POSITION (CONTINUED)
AS AT 31 MAY 2024


The financial statements were approved and authorised for issue by the board and were signed on its behalf on 26 February 2025.




T Harberd
Director

The notes on pages 3 to 5 form part of these financial statements.
Page 2

 
TINDERBOX ASSET MANAGEMENT LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MAY 2024

1.


General information

Tinderbox Asset Management Ltd is a private company limited by shares and registered in England & Wales. The address of its registered office and principal place of business is Flat 109 Corio House, 12 The Grange, London, England, SE1 3GW.

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

Going concern

The company meets its day to day working capital requirements through the utilisation of its own funds and a loan from its ultimate controlling party.
At the reporting date the company had net liabilities of £2,988 and is dependent on the support of its director who has confirmed his intention to support the company. As a result the director believes it is appropriate to prepare the accounts on the going concern basis. The financial  statements  do  not  include  adjustments  that would result from the withdrawal of this financial support.

 
2.3

Revenue

Revenue comprises film production, consultancy services, retailer sales and teaching services revenue receivable and is recognised in the Statement of Income and Retained Earnings in the period it is contractually due.
Where revenue received exceeds costs incurred to date and profits are not anticipated, the balance is treated as deferred income and held on the Statement of Financial Position until further costs are incurred or profits anticipated. At this point the deferred income is released to the Statement of Income and Retained Earnings.

 
2.4

Interest income

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

 
2.5

Debtors

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

 
2.6

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. 

 
2.7

Creditors

Short term creditors are measured at the transaction price, less any impairment.

Page 3

 
TINDERBOX ASSET MANAGEMENT LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MAY 2024

2.Accounting policies (continued)

 
2.8

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.


3.


Employees

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


4.


Tangible fixed assets





Computer equipment

£



Cost or valuation


At 1 June 2023
735



At 31 May 2024

735



Depreciation


At 1 June 2023
633


Charge for the year on owned assets
61



At 31 May 2024

694



Net book value



At 31 May 2024
41



At 31 May 2023
102

Page 4

 
TINDERBOX ASSET MANAGEMENT LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MAY 2024

5.


Debtors

2024
2023
£
£


Trade debtors
4,550
-

4,550
-



6.


Cash and cash equivalents

2024
2023
£
£

Cash at bank and in hand
4,481
686

4,481
686



7.


Creditors: Amounts falling due within one year

2024
2023
£
£

Trade creditors
50
108

Other taxation and social security
3,608
51

Other creditors
6,402
510

Accruals and deferred income
2,000
800

12,060
1,469



8.


Related party transactions

At the reporting date £6,402 (2023: £510) was due to T Harberd. The loan is repayable on demand and not interest bearing.


9.


Controlling party

Throughout the current and preceeding year, the company was under the control of the director by virtue of his shareholding.

 
Page 5