Caseware UK (AP4) 2023.0.135 2023.0.135 2024-03-312024-03-31No description of principal activityfalse2false2023-04-01true2falseThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. 08055751 2023-04-01 2024-03-31 08055751 2022-04-01 2023-03-31 08055751 2024-03-31 08055751 2023-03-31 08055751 c:Director1 2023-04-01 2024-03-31 08055751 d:CurrentFinancialInstruments 2024-03-31 08055751 d:CurrentFinancialInstruments 2023-03-31 08055751 d:CurrentFinancialInstruments d:WithinOneYear 2024-03-31 08055751 d:CurrentFinancialInstruments d:WithinOneYear 2023-03-31 08055751 d:ShareCapital 2024-03-31 08055751 d:ShareCapital 2023-03-31 08055751 d:RetainedEarningsAccumulatedLosses 2024-03-31 08055751 d:RetainedEarningsAccumulatedLosses 2023-03-31 08055751 c:FRS102 2023-04-01 2024-03-31 08055751 c:AuditExempt-NoAccountantsReport 2023-04-01 2024-03-31 08055751 c:FullAccounts 2023-04-01 2024-03-31 08055751 c:PrivateLimitedCompanyLtd 2023-04-01 2024-03-31 08055751 2 2023-04-01 2024-03-31 08055751 e:PoundSterling 2023-04-01 2024-03-31 iso4217:GBP xbrli:pure

Registered number: 08055751









ABSOLUTELY ABSENT LIMITED







UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 31 MARCH 2024

 
ABSOLUTELY ABSENT LIMITED
 

CONTENTS



Page
Balance sheet
1 - 2
Notes to the financial statements
3 - 5


 
ABSOLUTELY ABSENT LIMITED
REGISTERED NUMBER: 08055751

BALANCE SHEET
AS AT 31 MARCH 2024

2024
2023
Note
£
£

  

Current assets
  

Debtors: amounts falling due within one year
 4 
5,931
10,079

Cash at bank and in hand
 5 
293,156
221,217

  
299,087
231,296

Creditors: amounts falling due within one year
 6 
(88,175)
(72,268)

Net current assets
  
 
 
210,912
 
 
159,028

Total assets less current liabilities
  
210,912
159,028

  

Net assets
  
210,912
159,028


Capital and reserves
  

Called up share capital 
  
100
100

Profit and loss account
  
210,812
158,928

  
210,912
159,028


Page 1

 
ABSOLUTELY ABSENT LIMITED
REGISTERED NUMBER: 08055751
    
BALANCE SHEET (CONTINUED)
AS AT 31 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 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: 




................................................
E Leal
Director

Date: 21 March 2025

The notes on pages 3 to 5 form part of these financial statements.

Page 2

 
ABSOLUTELY ABSENT LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024

1.


General information

Absolutely Absent Limited is a private company limited by shares. The company is incorporated in England and Wales and the address of the registered office is Aston House, Cornwall Avenue, London, N3 1LF. The registered number is 08055751. 

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

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.

 
2.3

Interest income

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

 
2.4

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.

Page 3

 
ABSOLUTELY ABSENT LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024

2.Accounting policies (continued)

 
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

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.

 
2.7

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.

 
2.8

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.

 
2.9

Financial instruments

The Company has elected to apply the provisions of Section 11 “Basic Financial Instruments” of FRS 102 to all of its financial instruments.

Basic financial assets

Basic financial assets, which include trade and other receivables, cash and bank balances, are initially measured at their transaction price including transaction costs and are subsequently carried at their amortised cost using the effective interest method, less any provision for impairment, unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest.

Discounting is omitted where the effect of discounting is immaterial. The Company's cash and cash equivalents, trade and most other receivables due with the operating cycle fall into this category of financial instruments.


3.


Employees

The average monthly number of employees, including directors, during the year was 2 (2023 - 2).

Page 4

 
ABSOLUTELY ABSENT LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024

4.


Debtors

2024
2023
£
£


Other debtors
5,931
10,079

5,931
10,079



5.


Cash and cash equivalents

2024
2023
£
£

Cash at bank and in hand
293,156
221,217

293,156
221,217



6.


Creditors: Amounts falling due within one year

2024
2023
£
£

Corporation tax
30,576
13,385

Other taxation and social security
5,752
9,678

Other creditors
46,217
46,410

Accruals and deferred income
5,630
2,795

88,175
72,268


 
Page 5