Caseware UK (AP4) 2023.0.135 2023.0.135 2024-10-312024-10-31No description of principal activityfalse2023-11-01false33truetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. 09843653 2023-11-01 2024-10-31 09843653 2022-11-01 2023-10-31 09843653 2024-10-31 09843653 2023-10-31 09843653 c:Director1 2023-11-01 2024-10-31 09843653 c:Director2 2023-11-01 2024-10-31 09843653 c:RegisteredOffice 2023-11-01 2024-10-31 09843653 d:ComputerEquipment 2023-11-01 2024-10-31 09843653 d:ComputerEquipment 2024-10-31 09843653 d:ComputerEquipment 2023-10-31 09843653 d:ComputerEquipment d:OwnedOrFreeholdAssets 2023-11-01 2024-10-31 09843653 d:CurrentFinancialInstruments 2024-10-31 09843653 d:CurrentFinancialInstruments 2023-10-31 09843653 d:Non-currentFinancialInstruments 2024-10-31 09843653 d:Non-currentFinancialInstruments 2023-10-31 09843653 d:CurrentFinancialInstruments d:WithinOneYear 2024-10-31 09843653 d:CurrentFinancialInstruments d:WithinOneYear 2023-10-31 09843653 d:Non-currentFinancialInstruments d:AfterOneYear 2024-10-31 09843653 d:Non-currentFinancialInstruments d:AfterOneYear 2023-10-31 09843653 d:ShareCapital 2024-10-31 09843653 d:ShareCapital 2023-10-31 09843653 d:RetainedEarningsAccumulatedLosses 2024-10-31 09843653 d:RetainedEarningsAccumulatedLosses 2023-10-31 09843653 c:FRS102 2023-11-01 2024-10-31 09843653 c:AuditExempt-NoAccountantsReport 2023-11-01 2024-10-31 09843653 c:FullAccounts 2023-11-01 2024-10-31 09843653 c:PrivateLimitedCompanyLtd 2023-11-01 2024-10-31 09843653 d:WithinOneYear 2024-10-31 09843653 d:WithinOneYear 2023-10-31 09843653 d:BetweenOneFiveYears 2024-10-31 09843653 d:BetweenOneFiveYears 2023-10-31 09843653 2 2023-11-01 2024-10-31 09843653 e:PoundSterling 2023-11-01 2024-10-31 iso4217:GBP xbrli:pure
Company registration number: 09843653







UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED
31 OCTOBER 2024


TAILORMADE AFRICA LTD






































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TAILORMADE AFRICA LIMITED
 


 
COMPANY INFORMATION


Directors
C. Beaty 
R.K. Morley 




Registered number
09843653



Registered office
The Long Barn Cobham Park Road
Cobham Park Road

Downside

Cobham

England

KT11 3NE




Accountants
Menzies LLP
Chartered Accountants

Ashcombe House

5 The Crescent

Leatherhead

Surrey

KT22 8DY





 


TAILORMADE AFRICA LIMITED
 



CONTENTS



Page
Statement of Financial Position
1 - 2
Notes to the Financial Statements
3 - 6


 


TAILORMADE AFRICA LIMITED
REGISTERED NUMBER:09843653



STATEMENT OF FINANCIAL POSITION
AS AT 31 OCTOBER 2024

2024
2023
Note
£
£

Fixed assets
  

Tangible assets
 4 
350
816

  
350
816

Current assets
  

Debtors: amounts falling due within one year
 5 
69,018
76,502

Cash at bank and in hand
  
143,270
36,016

  
212,288
112,518

Creditors: amounts falling due within one year
 6 
(93,206)
(93,562)

Net current assets
  
 
 
119,082
 
 
18,956

Total assets less current liabilities
  
119,432
19,772

Creditors: amounts falling due after more than one year
 7 
(174,388)
(29,136)

  

Net liabilities
  
(54,956)
(9,364)


Capital and reserves
  

Allotted, called up and fully paid share capital
  
2
2

Profit and loss account
  
(54,958)
(9,366)

  
(54,956)
(9,364)


Page 1

 


TAILORMADE AFRICA LIMITED
REGISTERED NUMBER:09843653


    
STATEMENT OF FINANCIAL POSITION (CONTINUED)
AS AT 31 OCTOBER 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: 




C. Beaty
R.K. Morley
Director
Director
Date: 10 March 2025
Date:10 March 2025

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

Page 2

 


TAILORMADE AFRICA LIMITED
 


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

1.


General information

Tailormade Africa Limited is a private company limited by shares and registered in England and Wales. The Company's registered number and registered office address can be found on the company information page.

2.Accounting policies

 
2.1

Going concern

At the balance sheet date, the company had net liabilities of £54,956 (2023: £9,364).
With the current company forecasts, the Directors are satisfied that the going concern basis of preparation continues to be appropriate.

 
2.2

Foreign currency translation

Functional and presentation currency

The Company's functional and presentational currency is GBP.

Transactions and balances

Monetary assets and liabilities denominated in foreign currencies are translated into sterling at rates of exchange ruling at the balance sheet date.

Transactions in foreign currencies are translated into sterling at the rate ruling on the date of the transaction. Exchange gains and losses are recognised in the Statement of Comprehensive Income.

 
2.3

Turnover

Turnover comprises gross receipts in respect of travel bookings which have taken place during during the period, exclusive of Value Added Tax and trade discounts.
Turnover is recognised in the period in which services are provided, with the exception of non-refundable deposits which are recognised in full at the point of receipt. 

 
2.4

Interest income

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

 
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 3

 


TAILORMADE AFRICA LIMITED
 


 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 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, using the straight-line method.

Depreciation is provided on the following basis:

Computer equipment
-
3 years straight line

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 the Statement of Income and Retained Earnings.

 
2.6

Financial instruments

The Company only enters into basic financial instruments transactions that result in the recognition of financial assets and liabilities such as trade and other debtors and creditors, and loans from banks and other third parties.


3.


Employees

The average monthly number of employees, including directors, during the year was 3 (2023 - 3).


4.


Tangible fixed assets





Computer equipment

£



Cost


At 1 November 2023
7,639



At 31 October 2024

7,639



Depreciation


At 1 November 2023
6,823


Charge for the year
466



At 31 October 2024

7,289



Net book value



At 31 October 2024
350



At 31 October 2023
816

Page 4

 


TAILORMADE AFRICA LIMITED
 


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

5.


Debtors: Amounts falling due within one year


2024
2023
£
£


Trade debtors
16,485
21,047

Prepayments and accrued income
52,533
55,455

69,018
76,502



6.


Creditors: Amounts falling due within one year

2024
2023
£
£

Bank loans
17,400
17,400

Other loans
23,524
-

Trade creditors
7,941
2,383

Other taxation and social security
3,445
4,115

Other creditors
6,130
2,720

Accruals and deferred income
34,766
66,944

93,206
93,562


The balance included within other loans has been personally guaranteed by the directors of the company. 


7.


Creditors: Amounts falling due after more than one year

2024
2023
£
£

Bank loans
11,612
29,136

Other loans
162,776
-

174,388
29,136


The balance included within other loans has been personally guaranteed by the directors of the company. 

Page 5

 


TAILORMADE AFRICA LIMITED
 


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

8.


Commitments under operating leases

At 31 October 2024 the Company had future minimum lease payments due under non-cancellable operating leases for each of the following periods:

2024
2023
£
£


Not later than 1 year
5,130
7,859

Later than 1 year and not later than 5 years
-
5,130

5,130
12,989


9.


Transactions with directors

Included within other creditors at 31 October 2024 is a balance of £5,829 (2023 - £2,329) advanced to the company by the directors. During the year, £3,500 was advanced to the company (2023 - £Nil) and £Nil has been repaid by the company (2023 - £Nil). No interest is being charged on this balance.

Page 6