Caseware UK (AP4) 2024.0.164 2024.0.164 false2023-07-01No description of principal activity1010truetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.false 06472808 2023-07-01 2024-06-30 06472808 2022-07-01 2023-06-30 06472808 2024-06-30 06472808 2023-06-30 06472808 c:Director1 2023-07-01 2024-06-30 06472808 d:Buildings d:ShortLeaseholdAssets 2023-07-01 2024-06-30 06472808 d:Buildings d:ShortLeaseholdAssets 2024-06-30 06472808 d:Buildings d:ShortLeaseholdAssets 2023-06-30 06472808 d:MotorVehicles 2023-07-01 2024-06-30 06472808 d:OfficeEquipment 2023-07-01 2024-06-30 06472808 d:OfficeEquipment 2024-06-30 06472808 d:OfficeEquipment 2023-06-30 06472808 d:OfficeEquipment d:OwnedOrFreeholdAssets 2023-07-01 2024-06-30 06472808 d:ComputerEquipment 2023-07-01 2024-06-30 06472808 d:ComputerEquipment 2024-06-30 06472808 d:ComputerEquipment 2023-06-30 06472808 d:ComputerEquipment d:OwnedOrFreeholdAssets 2023-07-01 2024-06-30 06472808 d:OwnedOrFreeholdAssets 2023-07-01 2024-06-30 06472808 d:CurrentFinancialInstruments 2024-06-30 06472808 d:CurrentFinancialInstruments 2023-06-30 06472808 d:Non-currentFinancialInstruments 2024-06-30 06472808 d:Non-currentFinancialInstruments 2023-06-30 06472808 d:CurrentFinancialInstruments d:WithinOneYear 2024-06-30 06472808 d:CurrentFinancialInstruments d:WithinOneYear 2023-06-30 06472808 d:Non-currentFinancialInstruments d:AfterOneYear 2024-06-30 06472808 d:Non-currentFinancialInstruments d:AfterOneYear 2023-06-30 06472808 d:ShareCapital 2024-06-30 06472808 d:ShareCapital 2023-06-30 06472808 d:RetainedEarningsAccumulatedLosses 2024-06-30 06472808 d:RetainedEarningsAccumulatedLosses 2023-06-30 06472808 c:OrdinaryShareClass1 2023-07-01 2024-06-30 06472808 c:OrdinaryShareClass1 2024-06-30 06472808 c:OrdinaryShareClass1 2023-06-30 06472808 c:FRS102 2023-07-01 2024-06-30 06472808 c:AuditExemptWithAccountantsReport 2023-07-01 2024-06-30 06472808 c:FullAccounts 2023-07-01 2024-06-30 06472808 c:PrivateLimitedCompanyLtd 2023-07-01 2024-06-30 06472808 d:WithinOneYear 2024-06-30 06472808 d:WithinOneYear 2023-06-30 06472808 d:BetweenOneFiveYears 2024-06-30 06472808 d:BetweenOneFiveYears 2023-06-30 06472808 6 2023-07-01 2024-06-30 06472808 7 2023-07-01 2024-06-30 06472808 e:PoundSterling 2023-07-01 2024-06-30 xbrli:shares iso4217:GBP xbrli:pure

Registered number: 06472808










Amelix Limited








Unaudited

Financial statements

Information for filing with the registrar

For the year ended 30 June 2024

 
Amelix Limited
 
  
Chartered accountants' report to the board of directors on the preparation of the unaudited statutory financial statements of Amelix Limited for the year ended 30 June 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 Amelix Limited for the year ended 30 June 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 Board of directors of Amelix Limited, as a body, in accordance with the terms of our engagement letter dated 23 January 2023Our work has been undertaken solely to prepare for your approval the financial statements of Amelix Limited and state those matters that we have agreed to state to the Board of directors of Amelix Limited, as a body, 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 Amelix Limited and its Board of directors, as a body, for our work or for this report. 

It is your duty to ensure that Amelix Limited 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 loss of Amelix Limited. You consider that Amelix Limited 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 Amelix Limited. 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.

  



Kreston Reeves LLP
Chartered Accountants
37 St Margaret's Street
Canterbury
Kent
CT1 2TU
27 March 2025
Page 1

 
Amelix Limited
Registered number: 06472808

Balance sheet
As at 30 June 2024

2024
2023
Note
£
£

Fixed assets
  

Tangible Fixed Assets
 4 
21,486
25,303

Investments
 5 
225
225

  
21,711
25,528

Current assets
  

Debtors: amounts falling due within one year
 6 
82,104
88,398

Bank and cash balances
  
11
194

  
82,115
88,592

Creditors: amounts falling due within one year
 7 
(90,691)
(69,512)

Net current (liabilities)/assets
  
 
 
(8,576)
 
 
19,080

Total assets less current liabilities
  
13,135
44,608

Creditors: amounts falling due after more than one year
 8 
(10,959)
(19,168)

  

Net assets
  
2,176
25,440


Capital and reserves
  

Called up share capital 
 9 
100
100

Profit and loss account
  
2,076
25,340

  
2,176
25,440


Page 2

 
Amelix Limited
Registered number: 06472808

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: 


Mr L Hurst
Director
Date: 27 March 2025

The notes on pages 4 to 9 form part of these financial statements.

Page 3

 
Amelix Limited
 

 
Notes to the financial statements
For the year ended 30 June 2024

1.


General information

Amelix Limited is a private company limited by shares and incorporated in England with registration number 06472808.The registered office of the company is 67 John Wilson Business Park, Harvey Drive, Whitstable, Kent, CT5 3QT.

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 financial statements are rounded to the nearest pound.
The company's functional and presentation currency is Pounds Sterling.

The following principal accounting policies have been applied:

 
2.2

Going concern

The directors have a reasonable expectation that the company will continue in operational existence for the foreseeable future. Thus, they continue to adopt the going concern basis of accounting in preparing the annual financial statements.

 
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:

Sale of goods

Revenue from the sale of goods is recognised when all of the following conditions are satisfied:
the Company has transferred the significant risks and rewards of ownership to the buyer;
the Company retains neither continuing managerial involvement to the degree usually associated with ownership nor effective control over the goods sold;
the amount of revenue can be measured reliably;
it is probable that the Company will receive the consideration due under the transaction; and
the costs incurred or to be incurred in respect of the transaction can be measured reliably.

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 4

 
Amelix Limited
 

 
Notes to the financial statements
For the year ended 30 June 2024

2.Accounting policies (continued)

 
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, on the following basis.

Depreciation is provided on the following basis:

Short-term leasehold property
-
Straight line over the life of the lease
Motor vehicles
-
25%
Reducing balance
Office equipment
-
25%
Reducing balance
Computer equipment
-
25%
Reducing balance

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

Valuation of investments

Investments in subsidiaries are measured at cost less accumulated impairment.

Investments in unlisted Company shares, whose market value can be reliably determined, are remeasured to market value at each balance sheet date. Gains and losses on remeasurement are recognised in the Statement of income and retained earnings for the period. Where market value cannot be reliably determined, such investments are stated at historic cost less impairment.

 
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.

Page 5

 
Amelix Limited
 

 
Notes to the financial statements
For the year ended 30 June 2024

2.Accounting policies (continued)

 
2.9

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.

 
2.10

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.

Foreign exchange gains and losses resulting from the settlement of transactions and from the translation at period-end exchange rates of monetary assets and liabilities denominated in foreign currencies are recognised in profit or loss except when deferred in other comprehensive income as qualifying cash flow hedges.

Foreign exchange gains and losses that relate to borrowings and cash and cash equivalents are presented in the Statement of income and retained earnings within 'finance income or costs'. All other foreign exchange gains and losses are presented in profit or loss within 'other operating income'.

 
2.11

Pensions

Defined contribution pension plan

The Company operates a defined contribution plan for its employees. A defined contribution plan is a pension plan under which the Company pays fixed contributions into a separate entity. Once the contributions have been paid the Company has no further payment obligations.

The contributions are recognised as an expense in profit or loss when they fall due. Amounts not paid are shown in accruals as a liability in the Balance sheet. The assets of the plan are held separately from the Company in independently administered funds.

 
2.12

Borrowing costs

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

 
2.13

Associates and joint ventures

Associates and Joint Ventures are held at cost less impairment.

Page 6

 
Amelix Limited
 

 
Notes to the financial statements
For the year ended 30 June 2024

2.Accounting policies (continued)

 
2.14

Holiday pay accrual

A liability is recognised to the extent of any unused holiday pay entitlement which is accrued at the balance sheet date and carried forward to future periods. This is measured at the undiscounted salary cost of the future holiday entitlement so accrued at the balance sheet date.


3.


Employees

The average monthly number of employees, including directors, during the year was 10 (2023 - 10).


4.


Tangible fixed assets





Short-term leasehold property
Office equipment
Computer equipment
Total

£
£
£
£



Cost or valuation


At 1 July 2023
44,577
40,644
59,422
144,643


Additions
-
1,317
-
1,317



At 30 June 2024

44,577
41,961
59,422
145,960



Depreciation


At 1 July 2023
25,178
39,594
54,569
119,341


Charge for the year on owned assets
3,566
354
1,213
5,133



At 30 June 2024

28,744
39,948
55,782
124,474



Net book value



At 30 June 2024
15,833
2,013
3,640
21,486



At 30 June 2023
19,399
1,050
4,853
25,302

Page 7

 
Amelix Limited
 

 
Notes to the financial statements
For the year ended 30 June 2024

5.


Fixed asset investments





Investments in subsidiary companies
Investments in associates
Total

£
£
£



Cost or valuation


At 1 July 2023
100
125
225



At 30 June 2024
100
125
225





6.


Debtors

2024
2023
£
£


Trade debtors
5,187
-

Amounts owed by group undertakings
13,697
11,800

Amounts owed by joint ventures and associated undertakings
3,236
4,366

Other debtors
59,984
72,232

82,104
88,398



7.


Creditors: Amounts falling due within one year

2024
2023
£
£

Bank overdrafts
14,624
23,629

Bank loans
9,999
9,995

Trade creditors
156
15,476

Other taxation and social security
48,834
17,000

Other creditors
14,528
2,512

Accruals and deferred income
2,550
900

90,691
69,512



8.


Creditors: Amounts falling due after more than one year

2024
2023
£
£

Bank loans
10,959
19,168


Page 8

 
Amelix Limited
 

 
Notes to the financial statements
For the year ended 30 June 2024

9.


Share capital

2024
2023
£
£
Allotted, called up and fully paid



100 (2023 - 100) Ordinary shares of £1 each
100
100



10.


Commitments under operating leases

At 30 June 2024 the Company had future minimum lease payments due under non-cancellable operating leases for each of the following periods:

2024
2023
£
£


Not later than 1 year
14,400
14,400

Later than 1 year and not later than 5 years
21,600
36,000

36,000
50,400


11.


Related party transactions

All related party transactions during the current and prior periods, including key management personnel compensation, were made under normal market conditions.


12.


Controlling party

The controlling parties are Louis Hurst, a director, and Lisa Hurst, a shareholder, by virtue of their equal shareholdings.


Page 9