Caseware UK (AP4) 2023.0.135 2023.0.135 2024-06-302024-06-302023-07-01falseNo 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 13470479 2023-07-01 2024-06-30 13470479 2022-07-01 2023-06-30 13470479 2024-06-30 13470479 2023-06-30 13470479 c:Director1 2023-07-01 2024-06-30 13470479 c:Director2 2023-07-01 2024-06-30 13470479 d:PlantMachinery 2023-07-01 2024-06-30 13470479 d:PlantMachinery 2024-06-30 13470479 d:PlantMachinery 2023-06-30 13470479 d:PlantMachinery d:OwnedOrFreeholdAssets 2023-07-01 2024-06-30 13470479 d:MotorVehicles 2023-07-01 2024-06-30 13470479 d:MotorVehicles 2024-06-30 13470479 d:MotorVehicles 2023-06-30 13470479 d:MotorVehicles d:OwnedOrFreeholdAssets 2023-07-01 2024-06-30 13470479 d:FurnitureFittings 2023-07-01 2024-06-30 13470479 d:FurnitureFittings 2024-06-30 13470479 d:FurnitureFittings 2023-06-30 13470479 d:FurnitureFittings d:OwnedOrFreeholdAssets 2023-07-01 2024-06-30 13470479 d:OwnedOrFreeholdAssets 2023-07-01 2024-06-30 13470479 d:CurrentFinancialInstruments 2024-06-30 13470479 d:CurrentFinancialInstruments 2023-06-30 13470479 d:CurrentFinancialInstruments d:WithinOneYear 2024-06-30 13470479 d:CurrentFinancialInstruments d:WithinOneYear 2023-06-30 13470479 d:ShareCapital 2024-06-30 13470479 d:ShareCapital 2023-06-30 13470479 d:RetainedEarningsAccumulatedLosses 2024-06-30 13470479 d:RetainedEarningsAccumulatedLosses 2023-06-30 13470479 c:FRS102 2023-07-01 2024-06-30 13470479 c:AuditExempt-NoAccountantsReport 2023-07-01 2024-06-30 13470479 c:FullAccounts 2023-07-01 2024-06-30 13470479 c:PrivateLimitedCompanyLtd 2023-07-01 2024-06-30 13470479 e:PoundSterling 2023-07-01 2024-06-30 iso4217:GBP xbrli:pure

Registered number: 13470479









MEDUOYE UK LTD







UNAUDITED

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 JUNE 2024

 
MEDUOYE UK LTD
REGISTERED NUMBER: 13470479

BALANCE SHEET
AS AT 30 JUNE 2024

2024
2023
Note
£
£

Fixed assets
  

Tangible assets
 4 
24,678
35,051

  
24,678
35,051

Current assets
  

Debtors: amounts falling due within one year
 5 
121,355
1,684

Cash at bank and in hand
  
61,621
65,983

  
182,976
67,667

Creditors: amounts falling due within one year
 6 
(74,109)
(22,666)

Net current assets
  
 
 
108,867
 
 
45,001

  

Net assets
  
133,545
80,052


Capital and reserves
  

Called up share capital 
  
1,000
1,000

Profit and loss account
  
132,545
79,052

  
133,545
80,052


Page 1

 
MEDUOYE UK LTD
REGISTERED NUMBER: 13470479
    
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 Company's financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

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 profit and loss account 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 on 24 March 2025.




A Meduoye
L Meduoye
Director
Director

The notes on pages 3 to 7 form part of these financial statements.

Page 2

 
MEDUOYE UK LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2024

1.


General information

The company is a private company limited by share capital, incorporated in England (registration number 13470479).  The address of its registered office is Cromwell House, 68 West Gate, Mansfield, Nottinghamshire, NG18 1RR.

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 Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006.

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

The following principal accounting policies have been applied:

 
2.2

Going concern

At the date of approving the financial statements there remains a degree of uncertainty around the full economic impact of the current cost of living and geo-political issues.  The directors continue to monitor the situation but believe that the company has sufficient resources to be able to continue for the forseeable future.

 
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 3

 
MEDUOYE UK LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2024

2.Accounting policies (continued)

 
2.4

Current and deferred taxation

The tax expense for the year comprises current and deferred tax. 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.

Deferred tax balances are recognised in respect of all timing differences that have originated but not reversed by the balance sheet date, except that:
The recognition of deferred tax assets is limited to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits; and
Any deferred tax balances are reversed if and when all conditions for retaining associated tax allowances have been met.

Deferred tax balances are not recognised in respect of permanent differences except in respect of business combinations, when deferred tax is recognised on the differences between the fair values of assets acquired and the future tax deductions available for them and the differences between the fair values of liabilities acquired and the amount that will be assessed for tax. Deferred tax is determined using tax rates and laws that have been enacted or substantively enacted by the balance sheet date.


 
2.5

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:

Plant and machinery
-
25%
Straight line
Motor vehicles
-
25%
Reducing balance
Fixtures and fittings
-
25%
Straight line

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.

Page 4

 
MEDUOYE UK LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2024

2.Accounting policies (continued)

 
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

Provisions for liabilities

Provisions are recognised when an event has taken place that gives rise to a legal or constructive obligation, a transfer of economic benefits is probable and a reliable estimate can be made.
Provisions are measured as the best estimate of the amount required to settle the obligation, taking into account the related risks and uncertainties.
 
Increases in provisions are generally charged as an expense to profit or loss.

 
2.10

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 the directors, during the year was as follows:


        2024
        2023
            No.
            No.







Directors
2
2

Page 5

 
MEDUOYE UK LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2024

4.


Tangible fixed assets





Plant and machinery
Motor vehicles
Fixtures and fittings
Total

£
£
£
£



Cost or valuation


At 1 July 2023
82
44,925
2,449
47,456


Additions
-
-
1,739
1,739



At 30 June 2024

82
44,925
4,188
49,195



Depreciation


At 1 July 2023
40
11,231
1,134
12,405


Charge for the year on owned assets
20
11,231
861
12,112



At 30 June 2024

60
22,462
1,995
24,517



Net book value



At 30 June 2024
22
22,463
2,193
24,678



At 30 June 2023
42
33,694
1,315
35,051


5.


Debtors

2024
2023
£
£


Other debtors
87,629
-

Prepayments and accrued income
2,786
1,258

Tax recoverable
29,575
-

Deferred taxation
1,365
426

121,355
1,684


Included within other debtors due within one year is a loan to the directors, amounting to £87,629 (2023 - £0). The loan was interest free and repayable on demand.



Page 6

 
MEDUOYE UK LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2024

6.


Creditors: Amounts falling due within one year

2024
2023
£
£

Corporation tax
73,754
20,295

Other creditors
-
2,371

Accruals and deferred income
355
-

74,109
22,666


 
Page 7