Caseware UK (AP4) 2024.0.164 2024.0.164 2024-03-312024-03-312023-04-01falseNo description of principal activity22falsetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.false 07183906 2023-04-01 2024-03-31 07183906 2022-04-01 2023-03-31 07183906 2024-03-31 07183906 2023-03-31 07183906 c:Director2 2023-04-01 2024-03-31 07183906 d:OfficeEquipment 2023-04-01 2024-03-31 07183906 d:OfficeEquipment 2024-03-31 07183906 d:OfficeEquipment 2023-03-31 07183906 d:OfficeEquipment d:OwnedOrFreeholdAssets 2023-04-01 2024-03-31 07183906 d:CurrentFinancialInstruments 2024-03-31 07183906 d:CurrentFinancialInstruments 2023-03-31 07183906 d:Non-currentFinancialInstruments 2024-03-31 07183906 d:Non-currentFinancialInstruments 2023-03-31 07183906 d:CurrentFinancialInstruments d:WithinOneYear 2024-03-31 07183906 d:CurrentFinancialInstruments d:WithinOneYear 2023-03-31 07183906 d:Non-currentFinancialInstruments d:AfterOneYear 2024-03-31 07183906 d:Non-currentFinancialInstruments d:AfterOneYear 2023-03-31 07183906 d:ShareCapital 2024-03-31 07183906 d:ShareCapital 2023-03-31 07183906 d:RetainedEarningsAccumulatedLosses 2024-03-31 07183906 d:RetainedEarningsAccumulatedLosses 2023-03-31 07183906 c:OrdinaryShareClass1 2023-04-01 2024-03-31 07183906 c:OrdinaryShareClass1 2024-03-31 07183906 c:OrdinaryShareClass1 2023-03-31 07183906 c:FRS102 2023-04-01 2024-03-31 07183906 c:AuditExempt-NoAccountantsReport 2023-04-01 2024-03-31 07183906 c:FullAccounts 2023-04-01 2024-03-31 07183906 c:PrivateLimitedCompanyLtd 2023-04-01 2024-03-31 07183906 e:PoundSterling 2023-04-01 2024-03-31 xbrli:shares iso4217:GBP xbrli:pure
Registered number: 07183906














AGILE AGEING ENTERPRISES LTD
UNAUDITED
FINANCIAL STATEMENTS
FOR THE YEAR ENDED  31 MARCH 2024

 
AGILE AGEING ENTERPRISES LTD
 

CONTENTS



Page
Statement of Financial Position
 
1 - 2
Notes to the Financial Statements
 
3 - 7

 
AGILE AGEING ENTERPRISES LTD
REGISTERED NUMBER:07183906

STATEMENT OF FINANCIAL POSITION
AS AT 31 MARCH 2024

2024
2023
Note
£
£

Fixed assets
  

Tangible assets
 4 
4,583
8,129

Current assets
  

Debtors: amounts falling due after more than one year
 5 
-
65,167

Debtors: amounts falling due within one year
 5 
84,187
35,929

Cash at bank and in hand
  
71
3,253

  
84,258
104,349

Creditors: amounts falling due within one year
 6 
(132,688)
(129,645)

Net current liabilities
  
 
 
(48,430)
 
 
(25,296)

Total assets less current liabilities
  
(43,847)
(17,167)

Creditors: amounts falling due after more than one year
 7 
-
(24,441)

  

Net liabilities
  
(43,847)
(41,608)


Capital and reserves
  

Called up share capital 
 8 
1
1

Profit and loss account
  
(43,848)
(41,609)

  
(43,847)
(41,608)


Page 1

 
AGILE AGEING ENTERPRISES LTD
REGISTERED NUMBER:07183906
    
STATEMENT OF FINANCIAL POSITION (CONTINUED)
AS AT 31 MARCH 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 comprehensive income 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 27 March 2025.




I Spero
Director

The notes on pages 3 to 7 form part of these financial statements.
Page 2

 
AGILE AGEING ENTERPRISES LTD
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024

1.


General information

Agile Ageing Enterprises Ltd is a limited liability company registered in England and Wales. Its registered office address is at 5 Elstree Gate, Elstree Way, Borehamwood, Hertfordshire WD6 1JD.
The principal activity of the Company during the year was that of aiming to leverage digital technologies and social media to enable young people living with cancer and other long-term life-threatening conditions to explore their creative potential as a catalyst for healing and personal development.

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 policies applied under the entity's previous accounting framework are not materially different to FRS 102 and have not impacted on equity or profit or loss.

The following principal accounting policies have been applied:

 
2.2

Going concern

The Company as at the balance sheet date has net liabilities. The Directors have obtained assurance from the shareholders that funds will be made available to the Company so that it will be able to carry on trading and meet its financial obligations as and when they fall due for at least twelve months from the date the accounts are approved. The accounts have been prepared under going concern on this basis. 

 
2.3

Turnover

Turnover comprises revenue recognised by the Company in respect of goods and services supplied during the year, exclusive of Valued Added Tax and trade discounts.
Revenue is recognised when the service is supplied.
Page 3

 
AGILE AGEING ENTERPRISES LTD
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 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.

At each reporting date the Company assesses whether there is any indication of impairment. If such indication exists, the recoverable amount of the asset is determined which is the higher of its fair value less costs to sell and its value in use. An impairment loss is recognised where the carrying amount exceeds the recoverable amount.

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
-
25%

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

Basic financial instruments

The Company only enters into transactions that result in basic financial instruments such as trade and other debtors, trade and other creditors, cash at bank and in hand, loans to/from related parties.
Trade debtors, other debtors and loans to related parties are recognised initially at the transaction price less attributable transaction costs. Trade creditors, other creditors and loans from related parties are recognised initially at transaction price plus attributable transaction costs. Subsequently they are measured at amortised cost using the effective interest method, less any impairment losses in the case of trade and other debtors, and loans to related parties.
Cash and cash equivalents comprise cash balances and call deposits. Bank overdrafts that are repayable on demand and form an integral part of the Company's cash management.

 
2.6

Government grants

Grants are accounted under the accruals model as permitted by FRS 102. Grants relating to expenditure on tangible fixed assets are credited to profit or loss at the same rate as the depreciation on the assets to which the grant relates. The deferred element of grants is included in creditors as deferred income.
Grants of a revenue nature are recognised in the Statement of Comprehensive Income in the same period as the related expenditure.

Page 4

 
AGILE AGEING ENTERPRISES LTD
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024

2.Accounting policies (continued)

 
2.7

Foreign currency translation

Functional and presentation currency

The Company's functional and presentational currency is £ sterling.

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.

 
2.8

Borrowing costs

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

 
2.9

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 reporting date in the countries where the Company operates and generates income.



3.


Employees

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

Page 5

 
AGILE AGEING ENTERPRISES LTD
 
 
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
29,638


Additions
157



At 31 March 2024

29,795



Depreciation


At 1 April 2023
21,510


Charge for the year on owned assets
3,702



At 31 March 2024

25,212



Net book value



At 31 March 2024
4,583



At 31 March 2023
8,129


5.


Debtors

2024
2023
£
£

Due after more than one year

Other debtors
-
65,167


2024
2023
£
£

Due within one year

Trade debtors
599
810

Other debtors
83,588
28,091

Prepayments and accrued income
-
7,028

84,187
35,929


Page 6

 
AGILE AGEING ENTERPRISES LTD
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024

6.


Creditors: Amounts falling due within one year

2024
2023
£
£

Bank overdrafts
5,605
-

Trade creditors
5,040
-

Other taxation and social security
11,472
10,712

Other creditors
82,612
56,548

Accruals and deferred income
27,959
62,385

132,688
129,645



7.


Creditors: Amounts falling due after more than one year

2024
2023
£
£

Accruals and deferred income
-
24,441



8.


Share capital

2024
2023
£
£
Allotted, called up and fully paid



1 (2023 - 1) Ordinary share of £1
1
1


 
Page 7