Caseware UK (AP4) 2023.0.135 2023.0.135 2024-08-312024-08-312025-05-29false2No description of principal activity22023-09-01truetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.false 04870104 2023-09-01 2024-08-31 04870104 2022-09-01 2023-08-31 04870104 2024-08-31 04870104 2023-08-31 04870104 c:Director1 2023-09-01 2024-08-31 04870104 d:FurnitureFittings 2023-09-01 2024-08-31 04870104 d:FurnitureFittings 2024-08-31 04870104 d:FurnitureFittings 2023-08-31 04870104 d:CurrentFinancialInstruments 2024-08-31 04870104 d:CurrentFinancialInstruments 2023-08-31 04870104 d:CurrentFinancialInstruments d:WithinOneYear 2024-08-31 04870104 d:CurrentFinancialInstruments d:WithinOneYear 2023-08-31 04870104 d:ShareCapital 2024-08-31 04870104 d:ShareCapital 2023-08-31 04870104 d:RetainedEarningsAccumulatedLosses 2024-08-31 04870104 d:RetainedEarningsAccumulatedLosses 2023-08-31 04870104 c:FRS102 2023-09-01 2024-08-31 04870104 c:AuditExempt-NoAccountantsReport 2023-09-01 2024-08-31 04870104 c:FullAccounts 2023-09-01 2024-08-31 04870104 c:PrivateLimitedCompanyLtd 2023-09-01 2024-08-31 04870104 e:PoundSterling 2023-09-01 2024-08-31 iso4217:GBP xbrli:pure

Registered number: 04870104









PISTACHE CREATIVE LTD







UNAUDITED

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 AUGUST 2024

 
PISTACHE CREATIVE LTD
REGISTERED NUMBER: 04870104

BALANCE SHEET
AS AT 31 AUGUST 2024

2024
2023
Note
£
£

  

Current assets
  

Stocks
  
875
1,020

Cash at bank and in hand
 5 
102
261

  
977
1,281

Creditors: amounts falling due within one year
 6 
(67,750)
(54,734)

Net current liabilities
  
 
 
(66,773)
 
 
(53,453)

Total assets less current liabilities
  
(66,773)
(53,453)

  

Net liabilities
  
(66,773)
(53,453)


Capital and reserves
  

Called up share capital 
  
2
2

Profit and loss account
  
(66,775)
(53,455)

  
(66,773)
(53,453)


Page 1

 
PISTACHE CREATIVE LTD
REGISTERED NUMBER: 04870104
    
BALANCE SHEET (CONTINUED)
AS AT 31 AUGUST 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: 




................................................
J M Bennett
Director

Date: 29 May 2025

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

Page 2

 
PISTACHE CREATIVE LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2024

1.


General information

Pistache Creative Limited is a private company limited by shares, incorporated in England and Wales. The registered office is Aston House, Cornwall Avenue, London, N3 1LF.

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

There is a deficit of asset over liabilities of £66,773 as at 31 August 2024. The directors consider it appropriate to prepare the financial statements on a going concern basis as the company retains the support of its creditors in meeting its day to day working capital requirements.

 
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.

 
2.4

Borrowing costs

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

 
2.5

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.

Page 3

 
PISTACHE CREATIVE LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2024

2.Accounting policies (continued)


2.5
Tangible fixed assets (continued)

Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, on a reducing balance basis.

Depreciation is provided on the following basis:

Fixtures & fittings
-
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.

  
2.6

Stocks

Stocks are stated at the lower of cost and net realisable value, being the estimated selling price less costs to complete and sell.
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 account.
 

 
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.

Page 4

 
PISTACHE CREATIVE LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2024

2.Accounting policies (continued)

 
2.8

Financial instruments

Basic financial assets

Basic financial assets, which include trade and other receivables, cash and bank balances, are initially measured at their transaction price including transaction costs and are subsequently carried at their amortised cost using the effective interest method, less any provision for impairment, unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest.

Discounting is omitted where the effect of discounting is immaterial. The Company's cash and cash equivalents, trade and most other receivables due with the operating cycle fall into this category of financial instruments.

Financial liabilities

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instruments any contract that evidences a residual interest in the assets of the Company after the deduction of all its liabilities.

Basic financial liabilities, which include trade and other payables, bank loans and other loans are initially measured at their transaction price after transaction costs. When this constitutes a financing transaction, whereby the debt instrument is measured at the present value of the future receipts discounted at a market rate of interest. Discounting is omitted where the effect of discounting is immaterial.

Debt instruments are subsequently carried at their amortised cost using the effective interest rate method.

Trade payables are obligations to pay for goods and services that have been acquired in the ordinary course of business from suppliers. Trade payables are classified as current liabilities if the payment is due within one year. If not, they represent non-current liabilities. Trade payables are initially recognised at their transaction price and subsequently are measured at amortised cost using the effective interest method. Discounting is omitted where the effect of discounting is immaterial.


3.


Employees

2024
2023
£
£

Wages and salaries
18,200
18,200

18,200
18,200


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

Page 5

 
PISTACHE CREATIVE LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2024

4.


Tangible fixed assets





Fixtures & fittings

£



Cost or valuation


At 1 September 2023
579



At 31 August 2024

579



Depreciation


At 1 September 2023
579



At 31 August 2024

579



Net book value



At 31 August 2024
-



At 31 August 2023
-


5.


Cash and cash equivalents

2024
2023
£
£

Cash at bank and in hand
102
261

Less: bank overdrafts
(401)
(320)

(299)
(59)



6.


Creditors: Amounts falling due within one year

2024
2023
£
£

Bank overdrafts
401
320

Other creditors
66,099
53,214

Accruals and deferred income
1,250
1,200

67,750
54,734


 
Page 6