Caseware UK (AP4) 2024.0.164 2024.0.164 2024-03-302024-03-302023-03-31falseNo description of principal activity22truetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.false 09493996 2023-03-31 2024-03-30 09493996 2022-04-01 2023-03-30 09493996 2024-03-30 09493996 2023-03-30 09493996 c:Director2 2023-03-31 2024-03-30 09493996 d:MotorVehicles 2023-03-31 2024-03-30 09493996 d:MotorVehicles 2024-03-30 09493996 d:MotorVehicles 2023-03-30 09493996 d:MotorVehicles d:OwnedOrFreeholdAssets 2023-03-31 2024-03-30 09493996 d:FurnitureFittings 2023-03-31 2024-03-30 09493996 d:FurnitureFittings 2024-03-30 09493996 d:FurnitureFittings 2023-03-30 09493996 d:FurnitureFittings d:OwnedOrFreeholdAssets 2023-03-31 2024-03-30 09493996 d:OwnedOrFreeholdAssets 2023-03-31 2024-03-30 09493996 d:CurrentFinancialInstruments 2024-03-30 09493996 d:CurrentFinancialInstruments 2023-03-30 09493996 d:Non-currentFinancialInstruments 2024-03-30 09493996 d:Non-currentFinancialInstruments 2023-03-30 09493996 d:CurrentFinancialInstruments d:WithinOneYear 2024-03-30 09493996 d:CurrentFinancialInstruments d:WithinOneYear 2023-03-30 09493996 d:Non-currentFinancialInstruments d:AfterOneYear 2024-03-30 09493996 d:Non-currentFinancialInstruments d:AfterOneYear 2023-03-30 09493996 d:Non-currentFinancialInstruments d:BetweenOneTwoYears 2024-03-30 09493996 d:Non-currentFinancialInstruments d:BetweenOneTwoYears 2023-03-30 09493996 d:ShareCapital 2024-03-30 09493996 d:ShareCapital 2023-03-30 09493996 d:RetainedEarningsAccumulatedLosses 2024-03-30 09493996 d:RetainedEarningsAccumulatedLosses 2023-03-30 09493996 c:FRS102 2023-03-31 2024-03-30 09493996 c:AuditExempt-NoAccountantsReport 2023-03-31 2024-03-30 09493996 c:FullAccounts 2023-03-31 2024-03-30 09493996 c:PrivateLimitedCompanyLtd 2023-03-31 2024-03-30 09493996 2 2023-03-31 2024-03-30 09493996 e:PoundSterling 2023-03-31 2024-03-30 iso4217:GBP xbrli:pure

Registered number: 09493996









AVILAN LIMITED







UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 30 MARCH 2024

 
AVILAN LIMITED
REGISTERED NUMBER: 09493996

BALANCE SHEET
AS AT 30 MARCH 2024

2024
2023
Note
£
£

Fixed assets
  

Tangible assets
 4 
671
981

  
671
981

Current assets
  

Debtors: amounts falling due within one year
 5 
77,793
95,467

Cash at bank and in hand
 6 
3,127
147,184

  
80,920
242,651

Creditors: amounts falling due within one year
 7 
(218,498)
(229,038)

Net current (liabilities)/assets
  
 
 
(137,578)
 
 
13,613

Total assets less current liabilities
  
(136,907)
14,594

Creditors: amounts falling due after more than one year
 8 
(15,446)
(24,481)

  

Net liabilities
  
(152,353)
(9,887)


Capital and reserves
  

Called up share capital 
  
2
2

Profit and loss account
  
(152,355)
(9,889)

  
(152,353)
(9,887)


Page 1

 
AVILAN LIMITED
REGISTERED NUMBER: 09493996
    
BALANCE SHEET (CONTINUED)
AS AT 30 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 comprehensive income 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: 




I Haim
Director

Date: 24 March 2025

The notes on pages 3 to 8 form part of these financial statements.

Page 2

 
AVILAN LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 MARCH 2024

1.


General information

Avilan Limited is a private company limited by shares, incorporated in England & Wales (registered office number: 09493996). The registered office address is 101 New Cavendish Street, 1st Floor South, London, W1W 6XH.

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 following principal accounting policies have been applied:

 
2.2

Going concern

The financial statements have been prepared on the going concern basis. The company is dependent on the directors and shareholders for financial support, which the directors are confident will continue for a period of at least another 12 months following the approval of these financial statements.
As at 30 March 2024, the company had net liabilities of £152,353. The directors and shareholders have indicated their present intention to provide adequate finance to enable the company to continue in operational existence, and on this basis the directors consider it appropriate to prepare the financial statements on the going concern basis.
The financial statements do not reflect any adjustments that would result from a withdrawal of financial support by the directors and shareholders.

Page 3

 
AVILAN LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 MARCH 2024

2.Accounting policies (continued)

 
2.3

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 period 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 period-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 Comprehensive Income within 'finance income or costs'. All other foreign exchange gains and losses are presented in profit or loss within 'other operating income'.

 
2.4

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.

 
2.5

Interest income

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

Page 4

 
AVILAN LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 MARCH 2024

2.Accounting policies (continued)

 
2.6

Finance costs

Finance costs are charged to profit or loss over the term of the debt using the effective interest method so that the amount charged is at a constant rate on the carrying amount. Issue costs are initially recognised as a reduction in the proceeds of the associated capital instrument.

 
2.7

Borrowing costs

All borrowing costs are recognised in profit or loss in the year in which they are incurred.

 
2.8

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.

 
2.9

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, on a reducing balance basis.

Depreciation is provided on the following basis:

Motor vehicles
-
20%
Fixtures and fittings
-
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.

 
2.10

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 5

 
AVILAN LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 MARCH 2024

2.Accounting policies (continued)

 
2.11

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.

 
2.12

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 2 (2023 - 2).


4.


Tangible fixed assets





Motor vehicles
Fixtures and fittings
Total

£
£
£



Cost or valuation


At 31 March 2023
1,290
1,551
2,841



At 30 March 2024

1,290
1,551
2,841



Depreciation


At 31 March 2023
516
1,344
1,860


Charge for the year on owned assets
258
52
310



At 30 March 2024

774
1,396
2,170



Net book value



At 30 March 2024
516
155
671



At 30 March 2023
774
207
981

Page 6

 
AVILAN LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 MARCH 2024

5.


Debtors

2024
2023
£
£


Other debtors
77,793
95,467

77,793
95,467



6.


Cash and cash equivalents

As restated
2024
2023
£
£

Cash at bank and in hand
3,127
147,184

3,127
147,184



7.


Creditors: Amounts falling due within one year

As restated
2024
2023
£
£

Bank loans
9,600
9,600

Other loans
-
135,722

Trade creditors
3,000
2,430

Other taxation and social security
291
-

Other creditors
200,507
71,891

Accruals and deferred income
5,100
9,395

218,498
229,038



8.


Creditors: Amounts falling due after more than one year

2024
2023
£
£

Bank loans
15,446
24,481

15,446
24,481


Page 7

 
AVILAN LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 MARCH 2024

9.


Loans


Analysis of the maturity of loans is given below:


2024
2023
£
£

Amounts falling due within one year

Bank loans
9,600
9,600

Other loans
-
135,722


9,600
145,322

Amounts falling due 1-2 years

Bank loans
15,446
24,481


15,446
24,481



25,046
169,803


 
Page 8