Caseware UK (AP4) 2024.0.164 2024.0.164 2024-06-302024-06-3022023-07-01falseManagement consultancy activities other than financial management1truetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.false 12700959 2023-07-01 2024-06-30 12700959 2024-06-30 12700959 2022-07-01 2023-06-30 12700959 2023-06-30 12700959 c:Director2 2023-07-01 2024-06-30 12700959 d:OfficeEquipment 2023-07-01 2024-06-30 12700959 d:OfficeEquipment 2024-06-30 12700959 d:OfficeEquipment 2023-06-30 12700959 d:OfficeEquipment d:OwnedOrFreeholdAssets 2023-07-01 2024-06-30 12700959 d:ComputerEquipment 2023-07-01 2024-06-30 12700959 d:ComputerEquipment 2024-06-30 12700959 d:ComputerEquipment 2023-06-30 12700959 d:ComputerEquipment d:OwnedOrFreeholdAssets 2023-07-01 2024-06-30 12700959 d:OwnedOrFreeholdAssets 2023-07-01 2024-06-30 12700959 d:CurrentFinancialInstruments 2024-06-30 12700959 d:CurrentFinancialInstruments 2023-06-30 12700959 d:CurrentFinancialInstruments d:WithinOneYear 2024-06-30 12700959 d:CurrentFinancialInstruments d:WithinOneYear 2023-06-30 12700959 d:ShareCapital 2024-06-30 12700959 d:ShareCapital 2023-06-30 12700959 d:RetainedEarningsAccumulatedLosses 2024-06-30 12700959 d:RetainedEarningsAccumulatedLosses 2023-06-30 12700959 c:FRS102 2023-07-01 2024-06-30 12700959 c:AuditExempt-NoAccountantsReport 2023-07-01 2024-06-30 12700959 c:FullAccounts 2023-07-01 2024-06-30 12700959 c:PrivateLimitedCompanyLtd 2023-07-01 2024-06-30 12700959 e:PoundSterling 2023-07-01 2024-06-30 iso4217:GBP xbrli:pure
Registered number: 12700959


ILTAL Limited








UNAUDITED

PAGES FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 30 JUNE 2024

 
ILTAL LIMITED
REGISTERED NUMBER: 12700959

BALANCE SHEET
AS AT 30 JUNE 2024

2024
2023
Note
£
£

Fixed assets
  

Tangible assets
 4 
4,337
2,758

  
4,337
2,758

Current assets
  

Debtors: amounts falling due within one year
 5 
8,908
-

Cash at bank and in hand
 6 
196,772
125,082

  
205,680
125,082

Creditors: amounts falling due within one year
 7 
(26,782)
(27,092)

Net current assets
  
 
 
178,898
 
 
97,990

Total assets less current liabilities
  
183,235
100,748

  

Net assets
  
183,235
100,748


Capital and reserves
  

Called up share capital 
  
100
100

Profit and loss account
  
183,135
100,648

  
183,235
100,748


Page 1

 
ILTAL LIMITED
REGISTERED NUMBER: 12700959
    
BALANCE SHEET (CONTINUED)
AS AT 30 JUNE 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: 




................................................
S Moore
Director

Date: 24 March 2025

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

Page 2

 
ILTAL LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2024

1.


General information

ILTAL Limited (formally CK Image Rights Limited) is a private company, limited by shares, domiciled in England and Wales, registration number 12700959. The registered office is 1 Vincent Square, London, SW1P 2PN. 

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

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.


 
2.4

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

 
ILTAL LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2024

2.Accounting policies (continued)


2.4
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:

Office equipment
-
33%
Computer equipment
-
33%

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.

 
2.5

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.

 
2.6

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.

 
2.7

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.

 
2.8

Dividends

Equity dividends are recognised when they become legally payable. Interim equity dividends are recognised when paid. Final equity dividends are recognised when approved by the shareholders at an annual general meeting.


3.


Employees

The average monthly number of employees, including directors, during the year was 2 (2023 - 1).

Page 4

 
ILTAL LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2024

4.


Tangible fixed assets





Office equipment
Computer equipment
Total

£
£
£



Cost or valuation


At 1 July 2023
1,149
2,375
3,524


Additions
2,499
841
3,340



At 30 June 2024

3,648
3,216
6,864



Depreciation


At 1 July 2023
766
-
766


Charge for the year on owned assets
799
962
1,761



At 30 June 2024

1,565
962
2,527



Net book value



At 30 June 2024
2,083
2,254
4,337



At 30 June 2023
383
2,375
2,758


5.


Debtors

2024
2023
£
£


Other debtors
8,908
-

8,908
-



6.


Cash and cash equivalents

2024
2023
£
£

Cash at bank and in hand
196,772
125,082

196,772
125,082


Page 5

 
ILTAL LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2024

7.


Creditors: Amounts falling due within one year

2024
2023
£
£

Corporation tax
24,616
23,535

Other taxation and social security
-
1,760

Other creditors
166
597

Accruals and deferred income
2,000
1,200

26,782
27,092



8.


Related party transactions

At the balance sheet date, included within other debtors due within one year is an amount of £8,908 (2023: £Nil) owed from one of the directors. 
No interest has been accruing on the loan and no repayment terms agreed at the balance sheet date. 
At the balance sheet date, included within other creditors due within one year is an amount of £Nil (2023: £595) due to one of the directors. 
No interest has accued on the loan and no payments terms were agreed at the balance sheet date. 
 

 
Page 6