Caseware UK (AP4) 2023.0.135 2023.0.135 2024-03-312024-03-311false2023-04-01trueNo description of principal activity1trueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. 08504768 2023-04-01 2024-03-31 08504768 2022-04-01 2023-03-31 08504768 2024-03-31 08504768 2023-03-31 08504768 c:Director1 2023-04-01 2024-03-31 08504768 d:OfficeEquipment 2023-04-01 2024-03-31 08504768 d:OfficeEquipment 2024-03-31 08504768 d:OfficeEquipment 2023-03-31 08504768 d:CurrentFinancialInstruments 2024-03-31 08504768 d:CurrentFinancialInstruments 2023-03-31 08504768 d:CurrentFinancialInstruments d:WithinOneYear 2024-03-31 08504768 d:CurrentFinancialInstruments d:WithinOneYear 2023-03-31 08504768 d:ShareCapital 2024-03-31 08504768 d:ShareCapital 2023-03-31 08504768 d:RetainedEarningsAccumulatedLosses 2024-03-31 08504768 d:RetainedEarningsAccumulatedLosses 2023-03-31 08504768 c:FRS102 2023-04-01 2024-03-31 08504768 c:AuditExempt-NoAccountantsReport 2023-04-01 2024-03-31 08504768 c:FullAccounts 2023-04-01 2024-03-31 08504768 c:PrivateLimitedCompanyLtd 2023-04-01 2024-03-31 iso4217:GBP xbrli:pure

Registered number: 08504768










AERIUS ASSOCIATES LIMITED








UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 31 MARCH 2024

 
AERIUS ASSOCIATES LIMITED
REGISTERED NUMBER: 08504768

BALANCE SHEET
AS AT 31 MARCH 2024

2024
2024
2023
2023
Note
£
£
£
£

  

Current assets
  

Debtors
 5 
10,549
13,779

Cash at bank and in hand
  
-
114

  
10,549
13,893

Creditors: amounts falling due within one year
 6 
(4,868)
(5,000)

Net current assets
  
 
 
5,681
 
 
8,893

  

Net assets
  
5,681
8,893


Capital and reserves
  

Called up share capital 
  
1
1

Profit and loss account
  
5,680
8,892

  
5,681
8,893


Page 1

 
AERIUS ASSOCIATES LIMITED
REGISTERED NUMBER: 08504768
    
BALANCE SHEET (CONTINUED)
AS AT 31 MARCH 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 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: 




................................................
James N U Burr
Director

Date: 24 March 2025

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

Page 2

 
AERIUS ASSOCIATES LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024

1.


General information

Aerius Associates Limited is a private limited company, incorporated in England and Wales.
The registered office and principal place of business is 7 Bell Yard, London, WC2A 2JR.

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

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.

 
2.3

Borrowing costs

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

 
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

 
AERIUS ASSOCIATES LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 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
-
20%
per annum

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

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.


3.


Employees

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

Page 4

 
AERIUS ASSOCIATES LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024

4.


Tangible fixed assets





Office equipment

£



Cost or valuation


At 1 April 2023
3,110



At 31 March 2024

3,110



Depreciation


At 1 April 2023
3,110



At 31 March 2024

3,110



Net book value



At 31 March 2024
-



At 31 March 2023
-

Page 5

 
AERIUS ASSOCIATES LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024

5.


Debtors


2024
2023
£
£



Other debtors
10,549
13,779



6.


Creditors: Amounts falling due within one year

2024
2023
£
£

Bank overdrafts
122
-

Accruals and deferred income
4,746
5,000

4,868
5,000



7.


Related party transactions

There was a loan account in operation between Aerius Associates Limited and Aerius Associate Advisers LLP during the period. At 31 March 2024, there was an amount due from Aerius Associate Advisers LLP of £10,549, (2023: £13,779).

 
Page 6