Caseware UK (AP4) 2023.0.135 2023.0.135 2024-12-312024-12-31falseThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.false8falsetrue2024-01-019No description of principal activity 14580288 2024-01-01 2024-12-31 14580288 2024-12-31 14580288 2023-01-09 2023-12-31 14580288 2023-12-31 14580288 c:Director1 2024-01-01 2024-12-31 14580288 d:CurrentFinancialInstruments 2024-12-31 14580288 d:CurrentFinancialInstruments 2023-12-31 14580288 d:CurrentFinancialInstruments d:WithinOneYear 2024-12-31 14580288 d:CurrentFinancialInstruments d:WithinOneYear 2023-12-31 14580288 d:ShareCapital 2024-12-31 14580288 d:ShareCapital 2023-12-31 14580288 d:RetainedEarningsAccumulatedLosses 2024-12-31 14580288 d:RetainedEarningsAccumulatedLosses 2023-12-31 14580288 c:FRS102 2024-01-01 2024-12-31 14580288 c:AuditExempt-NoAccountantsReport 2024-01-01 2024-12-31 14580288 c:FullAccounts 2024-01-01 2024-12-31 14580288 c:PrivateLimitedCompanyLtd 2024-01-01 2024-12-31 14580288 e:PoundSterling 2024-01-01 2024-12-31 iso4217:GBP xbrli:pure
Company registration number: 14580288







UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED
31 DECEMBER 2024


VAAYU TECH LIMITED






































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VAAYU TECH LIMITED
REGISTERED NUMBER:14580288



STATEMENT OF FINANCIAL POSITION
AS AT 31 DECEMBER 2024

2024
2023
Note
£
£

  

Current assets
  

Debtors: amounts falling due within one year
 4 
61,968
28,572

Cash at bank and in hand
  
7,737
4,074

  
69,705
32,646

Creditors: amounts falling due within one year
 5 
(41,314)
(23,051)

Net current assets
  
 
 
28,391
 
 
9,595

Total assets less current liabilities
  
28,391
9,595

  

Net assets
  
28,391
9,595


Capital and reserves
  

Called up share capital 
  
100
100

Profit and loss account
  
28,291
9,495

  
28,391
9,595


Page 1

 


VAAYU TECH LIMITED
REGISTERED NUMBER:14580288


    
STATEMENT OF FINANCIAL POSITION (CONTINUED)
AS AT 31 DECEMBER 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: 




................................................
N Sandhu
Director

Date: 16 April 2025

The notes on pages 3 to 4 form part of these financial statements.

Page 2

 


VAAYU TECH LIMITED
 


 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024

1.


General information

Vaayu Tech Limited is a private company limited by shares incorporated in the United Kingdom under the Companies Act 2006 and is registered in England and Wales. The address of the Company's registered office is disclosed on the company information page.
The company's functional and presentational currency is GBP.

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

Revenue

Revenue is charged based on the expensiture incurred, with a mark-up added. Revenue is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

 
2.3

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.

 
2.4

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 Statement of Financial Position. The assets of the plan are held separately from the Company in independently administered funds.

 
2.5

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.


Page 3

 


VAAYU TECH LIMITED
 


 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024

2.Accounting policies (continued)

 
2.6

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 invetsments in ordinary shares.


3.


Employees

The average monthly number of employees, including directors, during the year was 8 (2023 - 9).


4.


Debtors

2024
2023
£
£


Trade debtors
-
10,845

Amounts owed by group undertakings
-
16,552

Prepayments and accrued income
61,968
1,175

61,968
28,572



5.


Creditors: Amounts falling due within one year

2024
2023
£
£

Trade creditors
978
-

Amounts owed to group undertakings
17,242
-

Corporation tax
5,083
3,011

Other taxation and social security
11,555
10,824

Other creditors
2,628
2,578

Accruals and deferred income
3,828
6,638

41,314
23,051


 
Page 4