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Company Registration No. 14368530 (England and Wales)
Caskify Limited Unaudited accounts for the year ended 30 September 2024
Caskify Limited Unaudited accounts Contents
Page
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Caskify Limited Company Information for the year ended 30 September 2024
Director
Corin Leonard Thoday
Company Number
14368530 (England and Wales)
Registered Office
11-13 Riverside Road Norwich Norfolk NR1 1SQ United Kingdom
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Caskify Limited Statement of financial position as at 30 September 2024
2024 
2023 
Notes
£ 
£ 
Current assets
Debtors
10 
10 
Creditors: amounts falling due within one year
(24,500)
(62,575)
Net current liabilities
(24,490)
(62,565)
Net liabilities
(24,490)
(62,565)
Capital and reserves
Called up share capital
10 
10 
Profit and loss account
(24,500)
(62,575)
Shareholders' funds
(24,490)
(62,565)
For the year ending 30 September 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered 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 profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 1 June 2025 and were signed on its behalf by
Corin Leonard Thoday Director Company Registration No. 14368530
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Caskify Limited Notes to the Accounts for the year ended 30 September 2024
1
Statutory information
Caskify Limited is a private company, limited by shares, registered in England and Wales, registration number 14368530. The registered office is 11-13 Riverside Road, Norwich, Norfolk, NR1 1SQ, United Kingdom.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Going concern
The company has received an undertakings from Targetfollow Estates Limited and Cordis Creative Limited, companies under common control, that resources will continue to be be made available to enable the company to continue trading. The company has also partnered a specialist organisation to assist in developing the company's offering and seek investor funding. Based on business plans and cashflows projections the Directors are confident that it is appropriate to present the accounts on a going concern basis.
Presentation currency
The accounts are presented in £ sterling.
Intangible fixed assets
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
4
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Other debtors
10 
10 
5
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Amounts owed to group undertakings and other participating interests
24,500 
8,250 
Accruals
- 
54,325 
24,500 
62,575 
6
Transactions with related parties
Under section 33.1A of FRS 102 the Company is not obliged to disclose transaction between members of other group companies where group accounts are prepared. In its first trading period, the company entered into a loan agreement with Targetfollow Estates Limited, a company in common control by shareholder Ardeshir Naghshineh. At the end of the period, the balance of the loan outstanding to Targetfollow Estates Limited was £24,500 (2023: £8,250).
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Caskify Limited Notes to the Accounts for the year ended 30 September 2024
7
Controlling party
The company is controlled by Targetfollow Group Limited and, in the opinion of the directors, this is the company's ultimate parent company. The ultimate controlling party is the director and shareholder of Targetfollow Group Limited, A Naghshineh. The parent undertaking of the largest and smallest group for which consolidated accounts are prepared is Targetfollow Group Ltd. Consolidated accounts are available from Companies House.
8
Average number of employees
During the year the average number of employees was 0 (2023: 0).
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