Caseware UK (AP4) 2023.0.135 2023.0.135 2024-04-302024-04-30false2023-05-01No description of principal activity22falsetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. 12565389 2023-05-01 2024-04-30 12565389 2022-05-01 2023-04-30 12565389 2024-04-30 12565389 2023-04-30 12565389 c:Director1 2023-05-01 2024-04-30 12565389 d:OfficeEquipment 2023-05-01 2024-04-30 12565389 d:OfficeEquipment 2024-04-30 12565389 d:OfficeEquipment 2023-04-30 12565389 d:OfficeEquipment d:OwnedOrFreeholdAssets 2023-05-01 2024-04-30 12565389 d:ComputerEquipment 2023-05-01 2024-04-30 12565389 d:ComputerEquipment 2024-04-30 12565389 d:ComputerEquipment 2023-04-30 12565389 d:ComputerEquipment d:OwnedOrFreeholdAssets 2023-05-01 2024-04-30 12565389 d:OwnedOrFreeholdAssets 2023-05-01 2024-04-30 12565389 d:CurrentFinancialInstruments 2024-04-30 12565389 d:CurrentFinancialInstruments 2023-04-30 12565389 d:CurrentFinancialInstruments d:WithinOneYear 2024-04-30 12565389 d:CurrentFinancialInstruments d:WithinOneYear 2023-04-30 12565389 d:ShareCapital 2024-04-30 12565389 d:ShareCapital 2023-04-30 12565389 d:RetainedEarningsAccumulatedLosses 2024-04-30 12565389 d:RetainedEarningsAccumulatedLosses 2023-04-30 12565389 d:FinancialAssetsDesignatedFairValueThroughProfitOrLoss 2024-04-30 12565389 d:FinancialAssetsDesignatedFairValueThroughProfitOrLoss 2023-04-30 12565389 c:FRS102 2023-05-01 2024-04-30 12565389 c:AuditExempt-NoAccountantsReport 2023-05-01 2024-04-30 12565389 c:FullAccounts 2023-05-01 2024-04-30 12565389 c:PrivateLimitedCompanyLtd 2023-05-01 2024-04-30 12565389 2 2023-05-01 2024-04-30 iso4217:GBP xbrli:pure

Registered number: 12565389









AYLWIN PROJECTS LTD







UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 30 APRIL 2024

 
AYLWIN PROJECTS LTD
REGISTERED NUMBER: 12565389

BALANCE SHEET
AS AT 30 APRIL 2024

2024
2023
Note
£
£

Fixed assets
  

Tangible assets
 4 
1,595
2,917

  
1,595
2,917

Current assets
  

Debtors: amounts falling due within one year
 5 
8,709
50,363

Cash at bank and in hand
 6 
16,424
133,946

  
25,133
184,309

Creditors: amounts falling due within one year
 7 
(14,338)
(52,905)

Net current assets
  
 
 
10,795
 
 
131,404

Total assets less current liabilities
  
12,390
134,321

  

Net assets
  
12,390
134,321


Capital and reserves
  

Called up share capital 
  
100
100

Profit and loss account
  
12,290
134,221

  
12,390
134,321


Page 1

 
AYLWIN PROJECTS LTD
REGISTERED NUMBER: 12565389
    
BALANCE SHEET (CONTINUED)
AS AT 30 APRIL 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 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 31 January 2025.


A A Raimes
Director

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

Page 2

 
AYLWIN PROJECTS LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2024

1.


General information

Aylwin Projects Ltd is a private company, limited by shares and incorporated in England and Wales, United Kingdom, with a registration number 11316224. The address of the registered office is Haslers, Hawke House, Old Station Road, Loughton, Essex, IG10 4PL. 

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 following principal accounting policies have been applied:

 
2.2

Revenue

Revenue is recognised once contractual obligations are fulfilled and billed according to monthly milestones.

 
2.3

Interest income

Interest income is recognised in profit or loss using the effective interest method.

 
2.4

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.

 
2.5

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.

 
2.6

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 balance sheet date in the countries where the Company operates and generates income.

Page 3

 
AYLWIN PROJECTS LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2024

2.Accounting policies (continued)

 
2.7

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
-
3 year straight line
Computer equipment
-
3 year 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.

 
2.8

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.

 
2.9

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.

 
2.10

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.

 
2.11

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.

 
2.12

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.

Page 4

 
AYLWIN PROJECTS LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2024

3.


Employees

The average monthly number of employees, including the director, during the year was as follows:


        2024
        2023
            No.
            No.







Average number of employees
2
2


4.


Tangible fixed assets





Office equipment
Computer equipment
Total

£
£
£



Cost or valuation


At 1 May 2023
872
3,482
4,354


Additions
195
-
195



At 30 April 2024

1,067
3,482
4,549



Depreciation


At 1 May 2023
122
1,315
1,437


Charge for the year on owned assets
356
1,161
1,517



At 30 April 2024

478
2,476
2,954



Net book value



At 30 April 2024
589
1,006
1,595



At 30 April 2023
750
2,167
2,917


5.


Debtors

2024
2023
£
£


Other debtors
8,709
50,363

8,709
50,363


Page 5

 
AYLWIN PROJECTS LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2024

6.


Cash and cash equivalents

2024
2023
£
£

Cash at bank and in hand
16,425
133,946

16,425
133,946



7.


Creditors: Amounts falling due within one year

2024
2023
£
£

Corporation tax
10,053
49,000

Accruals and deferred income
4,285
3,905

14,338
52,905



8.


Financial instruments

2024
2023
£
£

Financial assets


Financial assets measured at fair value through profit or loss
16,425
133,946




Financial assets measured at fair value through profit or loss comprise of cash held at the bank. 


9.


Related party transactions

At the year-end the following amounts were due from/(to) the related parties;


2024
2023
£
£

Key management personnel
8,709
50,364
8,709
50,364


10.


Controlling party

The ultimate controlling party is A Raimes by virtue of his majority shareholding.

Page 6