Caseware UK (AP4) 2024.0.164 2024.0.164 2024-04-302024-04-302023-05-01falseNo description of principal activity00falsetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.false 01688781 2023-05-01 2024-04-30 01688781 2022-05-01 2023-04-30 01688781 2024-04-30 01688781 2023-04-30 01688781 c:Director1 2023-05-01 2024-04-30 01688781 d:Buildings 2023-05-01 2024-04-30 01688781 d:Buildings 2024-04-30 01688781 d:Buildings 2023-04-30 01688781 d:OfficeEquipment 2023-05-01 2024-04-30 01688781 d:OfficeEquipment 2024-04-30 01688781 d:OfficeEquipment 2023-04-30 01688781 d:CurrentFinancialInstruments 2024-04-30 01688781 d:CurrentFinancialInstruments 2023-04-30 01688781 d:CurrentFinancialInstruments d:WithinOneYear 2024-04-30 01688781 d:CurrentFinancialInstruments d:WithinOneYear 2023-04-30 01688781 d:ShareCapital 2024-04-30 01688781 d:ShareCapital 2023-04-30 01688781 d:RetainedEarningsAccumulatedLosses 2024-04-30 01688781 d:RetainedEarningsAccumulatedLosses 2023-04-30 01688781 c:FRS102 2023-05-01 2024-04-30 01688781 c:AuditExempt-NoAccountantsReport 2023-05-01 2024-04-30 01688781 c:FullAccounts 2023-05-01 2024-04-30 01688781 c:PrivateLimitedCompanyLtd 2023-05-01 2024-04-30 01688781 e:PoundSterling 2023-05-01 2024-04-30 iso4217:GBP xbrli:pure

Registered number: 01688781









VARIA TEXTILE LIMITED







UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 30 APRIL 2024

 
VARIA TEXTILE LIMITED
REGISTERED NUMBER: 01688781

BALANCE SHEET
AS AT 30 APRIL 2024

2024
2023
Note
£
£

Fixed assets
  

Tangible assets
 4 
84,916
84,916

  
84,916
84,916

Current assets
  

Stocks
  
3,825
3,825

Debtors: amounts falling due within one year
 5 
21,943
21,140

Cash at bank and in hand
 6 
4,412
1,987

  
30,180
26,952

Creditors: amounts falling due within one year
 7 
(147,337)
(150,515)

Net current liabilities
  
 
 
(117,157)
 
 
(123,563)

Total assets less current liabilities
  
(32,241)
(38,647)

  

Net liabilities
  
(32,241)
(38,647)


Capital and reserves
  

Called up share capital 
  
500
500

Profit and loss account
  
(32,741)
(39,147)

  
(32,241)
(38,647)


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 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 on 28 April 2025.


Page 1

 
VARIA TEXTILE LIMITED
REGISTERED NUMBER: 01688781
    
BALANCE SHEET (CONTINUED)
AS AT 30 APRIL 2024



Karl Leuthenmayr
Director

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

Page 2

 
VARIA TEXTILE LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2024

1.


General information

Varia Textile Limited is aprivate limited company limited by share capital. The company is incorporated in England and Wales under company number 01688781. The company's registered office address is located at 1 The Green, Richmond, Surrey TW9 1PL.

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 company is reliant on support from the director. It is the directors intention to continue to provide this support for the foreseeable future. The accounts have therefore been prepared on the basis that the company is a going concern.

 
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 3

 
VARIA TEXTILE LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 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, using the straight-line method.

Depreciation is provided on the following basis:

Freehold property
-
Office equipment
-

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

Stocks

Stocks are stated at the lower of cost and net realisable value, being the estimated selling price less costs to complete and sell. Cost is based on the cost of purchase on a first in, first out basis. Work in progress and finished goods include labour and attributable overheads.

At each balance sheet date, stocks are assessed for impairment. If stock is impaired, the carrying amount is reduced to its selling price less costs to complete and sell. The impairment loss is recognised immediately in profit or loss.

 
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 4

 
VARIA TEXTILE LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2024

3.


Employees

The Company has no employees other than the directors, who did not receive any remuneration (2023 - £NIL).

The average monthly number of employees, including directors, during the year was 0 (2023 - 0).


4.


Tangible fixed assets





Freehold property
Office equipment
Total

£
£
£



Cost or valuation


At 1 May 2023
84,916
2,354
87,270



At 30 April 2024

84,916
2,354
87,270



Depreciation


At 1 May 2023
-
2,354
2,354



At 30 April 2024

-
2,354
2,354



Net book value



At 30 April 2024
84,916
-
84,916



At 30 April 2023
84,916
-
84,916


5.


Debtors

2024
2023
£
£


Trade debtors
20,011
18,265

Other debtors
1,932
2,875

21,943
21,140


Page 5

 
VARIA TEXTILE LIMITED
 
 
 
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
4,412
1,987

4,412
1,987



7.


Creditors: Amounts falling due within one year

2024
2023
£
£

Trade creditors
11,869
11,869

Corporation tax
706
706

Other creditors
133,382
137,940

Accruals and deferred income
1,380
-

147,337
150,515


 
Page 6