Caseware UK (AP4) 2023.0.135 2023.0.135 2024-03-312024-03-31No description of principal activity2023-04-01false11falsetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. 13346961 2023-04-01 2024-03-31 13346961 2022-04-01 2023-03-31 13346961 2024-03-31 13346961 2023-03-31 13346961 c:Director1 2023-04-01 2024-03-31 13346961 c:Director1 2024-03-31 13346961 c:Director2 2023-04-01 2024-03-31 13346961 c:Director2 2024-03-31 13346961 c:Director3 2023-04-01 2024-03-31 13346961 c:Director3 2024-03-31 13346961 c:RegisteredOffice 2023-04-01 2024-03-31 13346961 d:PlantMachinery 2023-04-01 2024-03-31 13346961 d:PlantMachinery 2024-03-31 13346961 d:PlantMachinery 2023-03-31 13346961 d:PlantMachinery d:OwnedOrFreeholdAssets 2023-04-01 2024-03-31 13346961 d:FurnitureFittings 2023-04-01 2024-03-31 13346961 d:FurnitureFittings 2024-03-31 13346961 d:FurnitureFittings 2023-03-31 13346961 d:FurnitureFittings d:OwnedOrFreeholdAssets 2023-04-01 2024-03-31 13346961 d:ComputerEquipment 2023-04-01 2024-03-31 13346961 d:ComputerEquipment 2024-03-31 13346961 d:ComputerEquipment 2023-03-31 13346961 d:ComputerEquipment d:OwnedOrFreeholdAssets 2023-04-01 2024-03-31 13346961 d:OwnedOrFreeholdAssets 2023-04-01 2024-03-31 13346961 d:CurrentFinancialInstruments 2024-03-31 13346961 d:CurrentFinancialInstruments 2023-03-31 13346961 d:CurrentFinancialInstruments d:WithinOneYear 2024-03-31 13346961 d:CurrentFinancialInstruments d:WithinOneYear 2023-03-31 13346961 d:ShareCapital 2024-03-31 13346961 d:ShareCapital 2023-03-31 13346961 d:RetainedEarningsAccumulatedLosses 2024-03-31 13346961 d:RetainedEarningsAccumulatedLosses 2023-03-31 13346961 c:FRS102 2023-04-01 2024-03-31 13346961 c:AuditExempt-NoAccountantsReport 2023-04-01 2024-03-31 13346961 c:FullAccounts 2023-04-01 2024-03-31 13346961 c:PrivateLimitedCompanyLtd 2023-04-01 2024-03-31 iso4217:GBP xbrli:pure
Company registration number: 13346961







UNAUDITED FINANCIAL STATEMENTS
FOR THE PERIOD ENDED
31 MARCH 2024


ACWL LIMITED






































                        

 


ACWL LIMITED
 


 
COMPANY INFORMATION


Directors
H M D'anterroches (appointed 15 January 2025)
A J Paulhac (appointed 15 January 2025)
F T Stone (resigned 15 January 2025)




Registered number
13346961



Registered office
Lynton House,
7-12 Tavistock square

London

WC1H 9LT




Trading Address
Arch Climbing Wall
Surrey Quays Shopping Centre

Redriff road

London

SE16 7LL






Accountants
Menzies LLP
Chartered Accountants

Lynton House

7-12 Tavistock Square

London

WC1H 9LT





 


ACWL LIMITED
REGISTERED NUMBER:13346961



STATEMENT OF FINANCIAL POSITION
AS AT 31 MARCH 2024

2024
2023
Note
£
£

Fixed assets
  

Tangible assets
 4 
135,105
210,912

  
135,105
210,912

Current assets
  

Debtors: amounts falling due within one year
 5 
31,435
22,695

Cash at bank and in hand
  
2,334
2,007

  
33,769
24,702

Creditors: amounts falling due within one year
 6 
(208,925)
(313,882)

Net current liabilities
  
 
 
(175,156)
 
 
(289,180)

Total assets less current liabilities
  
(40,051)
(78,268)

  

Net liabilities
  
(40,051)
(78,268)


Capital and reserves
  

Called up share capital 
  
100
100

Profit and loss account
  
(40,151)
(78,368)

  
(40,051)
(78,268)


Page 1

 


ACWL LIMITED
REGISTERED NUMBER:13346961


    
STATEMENT OF FINANCIAL POSITION (CONTINUED)
AS AT 31 MARCH 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 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 by: 




H M D'anterroches
Director

Date: 27 February 2025

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

Page 2

 


ACWL LIMITED
 


 
FOR THE YEAR ENDED 31 MARCH 2024

1.


General information

ACWL is a private company, limited by shares, registered in England and Wales, company registration number 13346961. The registered office is Lynton House, 7-12 Tavistock Square, London, WC1H 9LT.

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 Section 1A of Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006.

The following principal accounting policies have been applied:

 
2.2

Going concern

As at the balance sheet date the company had net current liabilities of £175,156 (2023: £289,180). The company has the financial support of the directors and connected companies to be able to meet the liabilities as they fall due. The director has therefore considered it to be 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:

Sale of goods

Revenue from the sale of goods is recognised when all of the following conditions are satisfied:
the Company has transferred the significant risks and rewards of ownership to the buyer;
the Company retains neither continuing managerial involvement to the degree usually associated with ownership nor effective control over the goods sold;
the amount of revenue can be measured reliably;
it is probable that the Company will receive the consideration due under the transaction; and
the costs incurred or to be incurred in respect of the transaction can be measured reliably.

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

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 3

 


ACWL LIMITED
 


 
FOR THE YEAR ENDED 31 MARCH 2024

2.Accounting policies (continued)


2.4
Tangible fixed assets (continued)

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:

Plant and machinery
-
25%
Fixtures and fittings
-
10%
Computer equipment
-
25%

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.

 
2.5

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, loans to related parties and investments in ordinary shares.


3.


Employees

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

Page 4

 


ACWL LIMITED
 


 
FOR THE YEAR ENDED 31 MARCH 2024

4.


Tangible fixed assets





Plant and machinery
Fixtures and fittings
Computer equipment
Total

£
£
£
£



Cost or valuation


At 1 April 2023
77,500
161,269
7,445
246,214


Disposals
(77,500)
-
-
(77,500)



At 31 March 2024

-
161,269
7,445
168,714



Depreciation


At 1 April 2023
19,373
14,068
1,861
35,302


Charge for the year on owned assets
-
15,199
2,481
17,680


Disposals
(19,373)
-
-
(19,373)



At 31 March 2024

-
29,267
4,342
33,609



Net book value



At 31 March 2024
-
132,002
3,103
135,105



At 31 March 2023
58,127
147,201
5,584
210,912


5.


Debtors

2024
2023
£
£


Other debtors
14,002
12,794

Prepayments and accrued income
17,433
9,901

31,435
22,695



6.


Creditors: Amounts falling due within one year

2024
2023
£
£

Other loans
155,000
270,000

Trade creditors
36,785
39,259

Other taxation and social security
2,226
1,130

Accruals and deferred income
14,914
3,493

208,925
313,882


Page 5

 


ACWL LIMITED
 


 
FOR THE YEAR ENDED 31 MARCH 2024

7.


Related party transactions

As at the balance sheet date 31 March 2024, within other debtors, there is a balance owed of £8,770 (2023: £9,640) from a company under common control. The loan has been provided interest free and is repayable on demand. This company under common control is also the guarantor for a loan provided to the company.

 
Page 6