Caseware UK (AP4) 2024.0.164 2024.0.164 2024-05-312024-05-31false2023-06-01falseNo description of principal activity11trueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.false 03059665 2023-06-01 2024-05-31 03059665 2022-06-01 2023-05-31 03059665 2024-05-31 03059665 2023-05-31 03059665 c:CompanySecretary1 2023-06-01 2024-05-31 03059665 c:Director1 2023-06-01 2024-05-31 03059665 c:RegisteredOffice 2023-06-01 2024-05-31 03059665 d:OfficeEquipment 2023-06-01 2024-05-31 03059665 d:OfficeEquipment 2024-05-31 03059665 d:OfficeEquipment 2023-05-31 03059665 d:OfficeEquipment d:OwnedOrFreeholdAssets 2023-06-01 2024-05-31 03059665 d:CurrentFinancialInstruments 2024-05-31 03059665 d:CurrentFinancialInstruments 2023-05-31 03059665 d:CurrentFinancialInstruments d:WithinOneYear 2024-05-31 03059665 d:CurrentFinancialInstruments d:WithinOneYear 2023-05-31 03059665 d:ShareCapital 2024-05-31 03059665 d:ShareCapital 2023-05-31 03059665 d:RetainedEarningsAccumulatedLosses 2024-05-31 03059665 d:RetainedEarningsAccumulatedLosses 2023-05-31 03059665 c:FRS102 2023-06-01 2024-05-31 03059665 c:AuditExempt-NoAccountantsReport 2023-06-01 2024-05-31 03059665 c:FullAccounts 2023-06-01 2024-05-31 03059665 c:PrivateLimitedCompanyLtd 2023-06-01 2024-05-31 03059665 2 2023-06-01 2024-05-31 03059665 6 2023-06-01 2024-05-31 03059665 e:PoundSterling 2023-06-01 2024-05-31 iso4217:GBP xbrli:pure
Registered number: 03059665


 
 
 
 
 
 
 
INTERNATION LIMITED
FINANCIAL STATEMENTS
 
FOR THE YEAR ENDED 31 MAY 2024

 
INTERNATION LIMITED
 

COMPANY INFORMATION


DIRECTOR
L. G. Caldwell 




COMPANY SECRETARY
MCS Formations Limited



REGISTERED NUMBER
03059665



REGISTERED OFFICE
1st Floor Sackville House

143-149 Fenchurch Street

London

EC3M 6BL





 
INTERNATION LIMITED
 

CONTENTS



Page
Balance Sheet
 
1 - 2
Notes to the Financial Statements
 
3 - 7


 
INTERNATION LIMITED
REGISTERED NUMBER: 03059665

BALANCE SHEET
AS AT 31 MAY 2024

2024
2023
Note
£
£

Fixed assets
  

Tangible assets
 5 
2,923
3,897

Investments
 6 
225
225

  
3,148
4,122

Current assets
  

Debtors
 7 
155,720
41,800

Cash at bank and in hand
  
8,762
3,306

  
164,482
45,106

Creditors: amounts falling due within one year
 8 
(134,545)
(14,109)

Net current assets
  
 
 
29,937
 
 
30,997

Net assets
  
33,085
35,119


Capital and reserves
  

Allotted, called up and fully paid share capital
  
990
990

Profit and loss account
  
32,095
34,129

Equity shareholder's funds
  
33,085
35,119


Page 1

 
INTERNATION LIMITED
REGISTERED NUMBER: 03059665

BALANCE SHEET (CONTINUED)
AS AT 31 MAY 2024

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 Director's Report and Statement of Income and Retained Earnings in accordance with provisions applicable to companies subject to the small companies regime, under section 444 of the Companies Act 2006.

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




L. G. Caldwell
Director

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

Page 2

 
INTERNATION LIMITED
 

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

1.


General information

Internation Limited (company number: 03059665), having its registered office at 1st Floor, Sackville House, 143-149 Fenchurch Street, London, EC3M 6BL, is a private limited company incorporated in England and Wales.
The principal place of business of the Company is 1904 Westmark Tower, Newcastle Place, London, W2 1BW.

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

Statement of Cash Flows

The Company has taken advantage of the exemption from Financial Reporting Standard 102 Section 1A.7 from the requirement to produce a Statement of Cash Flows on the grounds that it is a small company.

 
2.3

Turnover

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

Tangible fixed assets and depreciation

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

 
INTERNATION LIMITED
 

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

2.Accounting policies (continued)


2.4
Tangible fixed assets and depreciation (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 the Statement of Income and Retained Earnings.

 
2.5

Valuation of investments

Investments in unlisted company shares are stated at historic cost less impairment.

 
2.6

Debtors

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

 
2.7

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.
Debt instruments that are payable or receivable within one year, typically trade debtors and creditors, are measured, initially and subsequently, at the undiscounted amount of the cash or other consideration expected to be paid or received.

 
2.8

Creditors

Short-term creditors are measured at the transaction price. 

 
2.9

Dividends

Equity dividends are recognised when they become legally payable. 

 
2.10

Pensions

Defined contribution pension plan

The Company operates a defined contribution plan for its employees. A defined contribution plan is a pension plan under which the Company pays fixed contributions into a separate entity. Once the contributions have been paid the Company has no further payment obligations.

The contributions are recognised as an expense in profit or loss when they fall due. Amounts not paid are shown in accruals as a liability in the Balance Sheet. The assets of the plan are held separately from the Company in independently administered funds.

Page 4

 
INTERNATION LIMITED
 

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

2.Accounting policies (continued)

 
2.11

Interest income

Interest income is recognised in the Statement of Income and Retained Earnings using the effective interest method.


3.


Employees

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


4.


Dividends

2024
2023
£
£


Dividends paid on equity capital
67,535
56,000


5.


Tangible fixed assets





Office equipment

£



Cost 


At 1 June 2023 and at 31 May 2024
14,568



Depreciation


At 1 June 2023
10,671


Charge for the year on owned assets
974



At 31 May 2024

11,645



Net book value



At 31 May 2024
2,923



At 31 May 2023
3,897

Page 5

 
INTERNATION LIMITED
 

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

6.


Fixed asset investments





Other fixed asset investments

£



Cost 


At 1 June 2023 and 31 May 2024
225





7.


Debtors

2024
2023
£
£

Due within one year

Trade debtors
720
11,520

Other debtors
65,000
280

Prepayments and accrued income
90,000
30,000

155,720
41,800



8.


Creditors: Amounts falling due within one year

2024
2023
£
£

Trade creditors
38,254
-

Other taxation and social security
942
190

Other creditors
93,849
10,259

Accruals and deferred income
1,500
3,660

134,545
14,109



9.


Pension commitments

In the current year, the Company made contributions to a personal pension scheme of the Director. The assets of the scheme are held separately from those of the Company in an independently administered fund. The pension cost charge represents the contributions made by the Company of Nil (2023: £3,000). 
There were no amounts payable to the fund at the Balance Sheet date. 

Page 6

 
INTERNATION LIMITED
 

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

10.


Related party transactions

The Company has taken advantage of Section 33.1A of FRS102 in not disclosing transactions between wholly-owned members of a group.
At the year-end, the Company was owed £65,000 by a company related by virtue of common directorship.

Page 7