Caseware UK (AP4) 2023.0.135 2023.0.135 2024-07-312024-07-312023-08-01true1falseletting and operating real estate1trueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.false 10128338 2023-08-01 2024-07-31 10128338 2022-08-01 2023-07-31 10128338 2024-07-31 10128338 2023-07-31 10128338 c:Director1 2023-08-01 2024-07-31 10128338 d:OfficeEquipment 2023-08-01 2024-07-31 10128338 d:OfficeEquipment 2024-07-31 10128338 d:OfficeEquipment 2023-07-31 10128338 d:CurrentFinancialInstruments 2024-07-31 10128338 d:CurrentFinancialInstruments 2023-07-31 10128338 d:CurrentFinancialInstruments d:WithinOneYear 2024-07-31 10128338 d:CurrentFinancialInstruments d:WithinOneYear 2023-07-31 10128338 d:ShareCapital 2024-07-31 10128338 d:ShareCapital 2023-07-31 10128338 d:RetainedEarningsAccumulatedLosses 2024-07-31 10128338 d:RetainedEarningsAccumulatedLosses 2023-07-31 10128338 c:EntityNoLongerTradingButTradedInPast 2023-08-01 2024-07-31 10128338 c:FRS102 2023-08-01 2024-07-31 10128338 c:AuditExempt-NoAccountantsReport 2023-08-01 2024-07-31 10128338 c:FullAccounts 2023-08-01 2024-07-31 10128338 c:PrivateLimitedCompanyLtd 2023-08-01 2024-07-31 10128338 4 2023-08-01 2024-07-31 10128338 e:PoundSterling 2023-08-01 2024-07-31 iso4217:GBP xbrli:pure

Registered number: 10128338










TON 100 LTD








UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 31 JULY 2024

 
TON 100 LTD
REGISTERED NUMBER: 10128338

BALANCE SHEET
AS AT 31 JULY 2024

2024
2023
Note
£
£

  

Current assets
  

Debtors: amounts falling due within one year
 5 
-
559

Cash at bank and in hand
  
-
4,662

  
-
5,221

Creditors: amounts falling due within one year
 6 
-
(247,665)

Net current assets/(liabilities)
  
 
 
-
 
 
(242,444)

Total assets less current liabilities
  
-
(242,444)

  

Net assets/(liabilities)
  
-
(242,444)


Capital and reserves
  

Called up share capital 
  
100
100

Profit and loss account
  
(100)
(242,544)

  
-
(242,444)


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: 




D Thackeray
Director

Date: 10 March 2025

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

Page 1

 
TON 100 LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JULY 2024

1.


General information

Ton 100 Ltd is a private company limited by shares incorporated in England and Wales in the United Kingdom. The address of the registered office is Unit 15a Main Farm Office, Brogdale Farm, Faversham, Kent, England, ME13 8XZ.
The financial statements are presented in sterling which is the functional currency of the Company and rounded to the nearest £1. 

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 preparation of financial statements in compliance with FRS 102 requires the use of certain critical accounting estimates. It also requires management to exercise judgement in applying the Company's accounting policies.

The following principal accounting policies have been applied:

 
2.2

Going concern

The director of the Company intends to make the Company dormant within the next 12 months and as a result does not consider it to be appropriate to adopt the going concern basis. Therefore, the financial statements have been prepared on a basis other than going concern.
 
 
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:

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.

Page 2

 
TON 100 LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JULY 2024

2.Accounting policies (continued)

 
2.4

Operating leases: the Company as lessee

Rentals paid under operating leases are charged to profit or loss on a straight-line basis over the lease term.

Benefits received and receivable as an incentive to sign an operating lease are recognised on a straight-line basis over the lease term, unless another systematic basis is representative of the time pattern of the lessee's benefit from the use of the leased asset.

 
2.5

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 balance sheet date in the countries where the Company operates and generates income.


 
2.6

Exceptional items

Exceptional items are transactions that fall within the ordinary activities of the Company but are presented separately due to their size or incidence.

 
2.7

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.

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:

Office equipment
-
33.3%

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.

 
2.8

Debtors

Short-term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

Page 3

 
TON 100 LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JULY 2024

2.Accounting policies (continued)

 
2.9

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. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.

 
2.10

Creditors

Short-term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.


3.


Employees

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


4.


Tangible fixed assets





Office equipment

£



Cost or valuation


At 1 August 2023
458



At 31 July 2024

458



Depreciation


At 1 August 2023
458



At 31 July 2024

458



Net book value



At 31 July 2024
-



At 31 July 2023
-

Page 4

 
TON 100 LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JULY 2024

5.


Debtors

2024
2023
£
£


Trade debtors
-
391

Other debtors
-
168

-
559



6.


Creditors: Amounts falling due within one year

2024
2023
£
£

Trade creditors
-
410

Amounts owed to group undertakings
-
178,337

Other taxation and social security
-
6,908

Other creditors
-
58,810

Accruals and deferred income
-
3,200

-
247,665


 
Page 5