Caseware UK (AP4) 2024.0.164 2024.0.164 2024-08-312024-08-312023-09-01falseNo description of principal activity12falsetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.false 13595323 2023-09-01 2024-08-31 13595323 2022-09-01 2023-08-31 13595323 2024-08-31 13595323 2023-08-31 13595323 c:Director1 2023-09-01 2024-08-31 13595323 d:OfficeEquipment 2023-09-01 2024-08-31 13595323 d:OfficeEquipment 2024-08-31 13595323 d:OfficeEquipment 2023-08-31 13595323 d:OfficeEquipment d:OwnedOrFreeholdAssets 2023-09-01 2024-08-31 13595323 d:FreeholdInvestmentProperty 2024-08-31 13595323 d:FreeholdInvestmentProperty 2023-08-31 13595323 d:CurrentFinancialInstruments 2024-08-31 13595323 d:CurrentFinancialInstruments 2023-08-31 13595323 d:CurrentFinancialInstruments d:WithinOneYear 2024-08-31 13595323 d:CurrentFinancialInstruments d:WithinOneYear 2023-08-31 13595323 d:ShareCapital 2024-08-31 13595323 d:ShareCapital 2023-08-31 13595323 d:RetainedEarningsAccumulatedLosses 2024-08-31 13595323 d:RetainedEarningsAccumulatedLosses 2023-08-31 13595323 c:FRS102 2023-09-01 2024-08-31 13595323 c:AuditExemptWithAccountantsReport 2023-09-01 2024-08-31 13595323 c:FullAccounts 2023-09-01 2024-08-31 13595323 c:PrivateLimitedCompanyLtd 2023-09-01 2024-08-31 13595323 d:KeyManagementPersonnelCloseFamilyMembersEntitiesUnderKeyManagementPersonnelsControl 2023-09-01 2024-08-31 13595323 d:KeyManagementPersonnelCloseFamilyMembersEntitiesUnderKeyManagementPersonnelsControl 2024-08-31 13595323 d:KeyManagementPersonnelCloseFamilyMembersEntitiesUnderKeyManagementPersonnelsControl 2023-08-31 13595323 e:PoundSterling 2023-09-01 2024-08-31 iso4217:GBP xbrli:pure

Registered number: 13595323










EKALMA LTD








UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 31 AUGUST 2024

 
EKALMA LTD
 
 
  
CHARTERED ACCOUNTANTS' REPORT TO THE DIRECTOR ON THE PREPARATION OF THE UNAUDITED STATUTORY FINANCIAL STATEMENTS OF EKALMA LTD
FOR THE YEAR ENDED 31 AUGUST 2024

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Ekalma Ltd for the year ended 31 August 2024 which comprise  the Balance Sheet and the related notes from the Company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW)we are subject to its ethical and other professional requirements which are detailed at https://www.icaew.com /regulation.

This report is made solely to the director of Ekalma Ltd in accordance with the terms of our engagement letter dated 25 March 2024Our work has been undertaken solely to prepare for your approval the financial statements of Ekalma Ltd and state those matters that we have agreed to state to the director of Ekalma Ltd in this report in accordance with ICAEW Technical Release TECH07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Ekalma Ltd and its director for our work or for this report. 

It is your duty to ensure that Ekalma Ltd has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Ekalma Ltd. You consider that Ekalma Ltd is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or review of the financial statements of Ekalma Ltd. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.

  



MA Partners LLP
 
Chartered Accountants
  
7 The Close
Norwich
Norfolk
NR1 4DJ
24 March 2025
Page 1

 
EKALMA LTD
REGISTERED NUMBER: 13595323

BALANCE SHEET
AS AT 31 AUGUST 2024

2024
2023
Note
£
£

Fixed assets
  

Tangible assets
 4 
156
313

Investment property
 5 
428,554
428,554

  
428,710
428,867

Current assets
  

Cash at bank and in hand
  
2,828
2,008

  
2,828
2,008

Creditors: amounts falling due within one year
 6 
(449,751)
(452,778)

Net current liabilities
  
 
 
(446,923)
 
 
(450,770)

Total assets less current liabilities
  
(18,213)
(21,903)

  

Net liabilities
  
(18,213)
(21,903)


Capital and reserves
  

Called up share capital 
  
100
100

Profit and loss account
  
(18,313)
(22,003)

  
(18,213)
(21,903)


Page 2

 
EKALMA LTD
REGISTERED NUMBER: 13595323
    
BALANCE SHEET (CONTINUED)
AS AT 31 AUGUST 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 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.




M Betts
Director

The notes on pages 4 to 7 form part of these financial statements.

Page 3

 
EKALMA LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2024

1.


General information

Ekalma Ltd is a United Kingdom Company limited by shares. It is incorporated and domiciled in England and Wales. The registered office address is 7 The Close, Norwich, NR1 4DJ.
The Company's principal activity is property letting in England.

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 director will continue to support the Company, where required, for the foreseeable future. The directors therefore consider it appropriate to prepare the financial statements on a going concern basis.

 
2.3

Revenue

Turnover comprises rents receivable during the year, recognised on an accruals in accordance with the period for which rent is due under the terms of the lease. The Company is not registered for Value Added Tax.

 
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.

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%
Straight line method

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

 
EKALMA LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2024

2.Accounting policies (continued)

 
2.5

Investment property

Investment property is carried at fair value determined annually by the director and derived from the current market rents and investment property yields for comparable real estate, adjusted if necessary for any difference in the nature, location or condition of the specific asset. No depreciation is provided. Changes in fair value are recognised in profit or loss.

 
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.


3.


Employees

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

Page 5

 
EKALMA LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2024

4.


Tangible fixed assets





Office equipment

£



Cost or valuation


At 1 September 2023
470



At 31 August 2024

470



Depreciation


At 1 September 2023
157


Charge for the year on owned assets
157



At 31 August 2024

314



Net book value



At 31 August 2024
156



At 31 August 2023
313


5.


Investment property


Freehold investment property

£



Valuation


At 1 September 2023
428,554



At 31 August 2024
428,554

The 2024 valuations were made by the director, on an open market value for existing use basis.




Page 6

 
EKALMA LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2024

6.


Creditors: Amounts falling due within one year

2024
2023
£
£

Other creditors
447,759
450,900

Accruals and deferred income
1,992
1,878

449,751
452,778



7.


Related party transactions

As at 31 August 2024 the balance owed to the director was £447,759 (2023: £450,900).

 
Page 7