Caseware UK (AP4) 2023.0.135 2023.0.135 2024-05-312024-05-31falseNo description of principal activityfalseThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.12023-06-011truefalse 13057188 2023-06-01 2024-05-31 13057188 2022-06-01 2023-05-31 13057188 2024-05-31 13057188 2023-05-31 13057188 c:CompanySecretary1 2023-06-01 2024-05-31 13057188 c:Director1 2023-06-01 2024-05-31 13057188 c:RegisteredOffice 2023-06-01 2024-05-31 13057188 d:CurrentFinancialInstruments 2024-05-31 13057188 d:CurrentFinancialInstruments 2023-05-31 13057188 d:CurrentFinancialInstruments d:WithinOneYear 2024-05-31 13057188 d:CurrentFinancialInstruments d:WithinOneYear 2023-05-31 13057188 d:ShareCapital 2024-05-31 13057188 d:ShareCapital 2023-05-31 13057188 d:RetainedEarningsAccumulatedLosses 2024-05-31 13057188 d:RetainedEarningsAccumulatedLosses 2023-05-31 13057188 c:FRS102 2023-06-01 2024-05-31 13057188 c:AuditExempt-NoAccountantsReport 2023-06-01 2024-05-31 13057188 c:FullAccounts 2023-06-01 2024-05-31 13057188 c:PrivateLimitedCompanyLtd 2023-06-01 2024-05-31 13057188 e:PoundSterling 2023-06-01 2024-05-31 iso4217:GBP xbrli:pure
Company registration number: 13057188







UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED
31 MAY 2024


KAPITEYN UK LTD






































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KAPITEYN UK LTD
 


 
COMPANY INFORMATION


Director
S. Howson 




Company secretary
L. J. Kapiteijn



Registered number
13057188



Registered office
128 City Road

London

EC1V 2NX




Accountants
Menzies LLP
Chartered Accountants

Ashcombe House

5 The Crescent

Leatherhead

Surrey

KT22 8DY





 


KAPITEYN UK LTD
 



CONTENTS



Page
Statement of Financial Position
1
Notes to the Financial Statements
2 - 4


 


KAPITEYN UK LTD
REGISTERED NUMBER:13057188



STATEMENT OF FINANCIAL POSITION
AS AT 31 MAY 2024

2024
2023
Note
£
£

  

Current assets
  

Debtors: amounts falling due within one year
 4 
219,500
245,584

Cash at bank and in hand
  
112,886
36,260

  
332,386
281,844

Creditors: amounts falling due within one year
 5 
(236,542)
(207,031)

Net current assets
  
 
 
95,844
 
 
74,813

Total assets less current liabilities
  
95,844
74,813

  

Net assets
  
95,844
74,813


Capital and reserves
  

Allotted, called up and fully paid share capital
  
1
1

Profit and loss account
  
95,843
74,812

  
95,844
74,813


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 by: 




S. Howson
Director

Date: 4 March 2025

The notes on pages 2 to 4 form part of these financial statements.

Page 1

 


KAPITEYN UK LTD
 


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

1.


General information

Kapiteyn UK Ltd is a private company limited by shares incorporated in England and Wales. The address of the registered office is disclosed on the company information page. There is no trading address as the dispatch of the plant and food bulbs is carried out by the supplier.

2.Accounting policies

 
2.1

Basis of preparation of financial statements

The financial statements have been prepared  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

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 year 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 year 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 in relation to the sale of plant and food bulbs and 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.

Page 2

 


KAPITEYN UK LTD
 


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

2.Accounting policies (continued)

 
2.4

Current and deferred 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 reporting 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 reporting 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 reporting date.

 
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 company has no employees other than the director, who did not receive any remuneration (2023 - £Nil).


4.


Debtors

2024
2023
£
£


Trade debtors
8,764
231,034

Amounts owed by group undertakings
210,736
-

Other debtors
-
14,550

219,500
245,584


Page 3

 


KAPITEYN UK LTD
 


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

5.


Creditors: Amounts falling due within one year

2024
2023
£
£

Trade creditors
2,058
840

Amounts owed to group undertakings
222,702
193,650

Corporation tax
6,815
1,603

Other taxation and social security
202
-

Other creditors
-
6,478

Accruals and deferred income
4,765
4,460

236,542
207,031



6.


Parent company

The parent of the smallest group for which consolidated financial statements are drawn up is Kapiteyn b.v. The address of their registered office is: 65 Middenweg, Breezand, Netherlands 1764KM.

 
Page 4