Caseware UK (AP4) 2024.0.164 2024.0.164 2024-08-312024-08-31truefalse2024-02-01falseConsultancy22falseThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. 14594901 2024-02-01 2024-08-31 14594901 2023-01-16 2024-01-31 14594901 2024-08-31 14594901 2024-01-31 14594901 c:Director1 2024-02-01 2024-08-31 14594901 d:FurnitureFittings 2024-02-01 2024-08-31 14594901 d:FurnitureFittings 2024-08-31 14594901 d:FurnitureFittings 2024-01-31 14594901 d:CurrentFinancialInstruments 2024-08-31 14594901 d:CurrentFinancialInstruments 2024-01-31 14594901 d:CurrentFinancialInstruments d:WithinOneYear 2024-08-31 14594901 d:CurrentFinancialInstruments d:WithinOneYear 2024-01-31 14594901 d:ShareCapital 2024-08-31 14594901 d:ShareCapital 2024-01-31 14594901 c:FRS102 2024-02-01 2024-08-31 14594901 c:AuditExempt-NoAccountantsReport 2024-02-01 2024-08-31 14594901 c:FullAccounts 2024-02-01 2024-08-31 14594901 c:PrivateLimitedCompanyLtd 2024-02-01 2024-08-31 14594901 e:PoundSterling 2024-02-01 2024-08-31 iso4217:GBP xbrli:pure

Registered number: 14594901









ATHENA INTELLIGENCE LIMITED







UNAUDITED

FINANCIAL STATEMENTS

FOR THE PERIOD ENDED 31 AUGUST 2024

 
ATHENA INTELLIGENCE LIMITED
REGISTERED NUMBER: 14594901

BALANCE SHEET
AS AT 31 AUGUST 2024

31 August
31 January
2024
2024
Note
£
£

Fixed assets
  

Tangible assets
 4 
-
900

  
-
900

Current assets
  

Debtors: amounts falling due within one year
 5 
3,779
-

Cash at bank and in hand
 6 
5,205
8,211

  
8,984
8,211

Creditors: amounts falling due within one year
 7 
(8,884)
(9,011)

Net current assets/(liabilities)
  
 
 
100
 
 
(800)

Total assets less current liabilities
  
100
100

  

Net assets
  
100
100


Capital and reserves
  

Called up share capital 
  
100
100

  
100
100

Page 1

 
ATHENA INTELLIGENCE LIMITED
REGISTERED NUMBER: 14594901
    
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 period 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 on 4 June 2025.




................................................
Tatum Harding
Director

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

 
ATHENA INTELLIGENCE LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 AUGUST 2024

1.


General information

Athena Intelligence Limited is a private company, incorporated in England and Wales, limited by its share capital.  The principal activity of the Company was the provision of consultancy services.  The Company ceased trading on 31 August 2024.

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

Foreign currency translation

Functional and presentation currency

The Company's functional and presentational currency is GBP.

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.

Foreign exchange gains and losses resulting from the settlement of transactions and from the translation at period-end exchange rates of monetary assets and liabilities denominated in foreign currencies are recognised in profit or loss except when deferred in other comprehensive income as qualifying cash flow hedges.

Page 3

 
ATHENA INTELLIGENCE LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 AUGUST 2024

2.Accounting policies (continued)

 
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:

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.

 
2.4

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.


 
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.

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 and 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.

Page 4

 
ATHENA INTELLIGENCE LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 AUGUST 2024

2.Accounting policies (continued)

 
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.
 
2.9

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.


3.


Employees

31 August 2024
31 January 2024
£
£

Wages and salaries
3,790
16,676

3,790
16,676


The average monthly number of employees, including directors, during the period was 2 (2024 - 2).

Page 5

 
ATHENA INTELLIGENCE LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 AUGUST 2024

4.


Tangible fixed assets







Fixtures and fittings

£





At 1 February 2024
1,200


Disposals
(1,200)



At 31 August 2024

-





At 1 February 2024
300


Disposals
(300)



At 31 August 2024

-



Net book value



At 31 August 2024
-



At 31 January 2024
900

Page 6

 
ATHENA INTELLIGENCE LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 AUGUST 2024

5.


Debtors

31 August
31 January
2024
2024
£
£


Other debtors
3,779
-

3,779
-


Included within other debtors is a loan to Tatum and William Harding, the directors, amounting to £3,779 (2024 - £nil).




6.


Cash and cash equivalents

31 August
31 January
2024
2024
£
£

Cash at bank and in hand
5,205
8,211

5,205
8,211



7.


Creditors: Amounts falling due within one year

31 August
31 January
2024
2024
£
£

Corporation tax
7,534
5,048

Other creditors
-
2,643

Accruals and deferred income
1,350
1,320

8,884
9,011



8.


Controlling party

The Company is controlled by the director, Tatum Harding, by virtue of her shareholding, as described in the Directors' report.
 
Page 7