Caseware UK (AP4) 2024.0.164 2024.0.164 2024-09-302024-09-30falseThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.32023-10-01No description of principal activity3falsetruefalse 05588262 2023-10-01 2024-09-30 05588262 2022-10-01 2023-09-30 05588262 2024-09-30 05588262 2023-09-30 05588262 c:Director2 2023-10-01 2024-09-30 05588262 d:Buildings 2023-10-01 2024-09-30 05588262 d:Buildings 2024-09-30 05588262 d:Buildings 2023-09-30 05588262 d:Buildings d:OwnedOrFreeholdAssets 2023-10-01 2024-09-30 05588262 d:PlantMachinery 2023-10-01 2024-09-30 05588262 d:PlantMachinery 2024-09-30 05588262 d:PlantMachinery 2023-09-30 05588262 d:PlantMachinery d:OwnedOrFreeholdAssets 2023-10-01 2024-09-30 05588262 d:MotorVehicles 2023-10-01 2024-09-30 05588262 d:MotorVehicles 2024-09-30 05588262 d:MotorVehicles 2023-09-30 05588262 d:MotorVehicles d:OwnedOrFreeholdAssets 2023-10-01 2024-09-30 05588262 d:FurnitureFittings 2023-10-01 2024-09-30 05588262 d:FurnitureFittings 2024-09-30 05588262 d:FurnitureFittings 2023-09-30 05588262 d:FurnitureFittings d:OwnedOrFreeholdAssets 2023-10-01 2024-09-30 05588262 d:OwnedOrFreeholdAssets 2023-10-01 2024-09-30 05588262 d:CurrentFinancialInstruments 2024-09-30 05588262 d:CurrentFinancialInstruments 2023-09-30 05588262 d:Non-currentFinancialInstruments 2024-09-30 05588262 d:Non-currentFinancialInstruments 2023-09-30 05588262 d:CurrentFinancialInstruments d:WithinOneYear 2024-09-30 05588262 d:CurrentFinancialInstruments d:WithinOneYear 2023-09-30 05588262 d:Non-currentFinancialInstruments d:AfterOneYear 2024-09-30 05588262 d:Non-currentFinancialInstruments d:AfterOneYear 2023-09-30 05588262 d:Non-currentFinancialInstruments d:BetweenOneTwoYears 2024-09-30 05588262 d:Non-currentFinancialInstruments d:BetweenOneTwoYears 2023-09-30 05588262 d:Non-currentFinancialInstruments d:BetweenTwoFiveYears 2024-09-30 05588262 d:Non-currentFinancialInstruments d:BetweenTwoFiveYears 2023-09-30 05588262 d:Non-currentFinancialInstruments d:MoreThanFiveYears 2024-09-30 05588262 d:Non-currentFinancialInstruments d:MoreThanFiveYears 2023-09-30 05588262 d:ShareCapital 2024-09-30 05588262 d:ShareCapital 2023-09-30 05588262 d:RetainedEarningsAccumulatedLosses 2024-09-30 05588262 d:RetainedEarningsAccumulatedLosses 2023-09-30 05588262 c:FRS102 2023-10-01 2024-09-30 05588262 c:AuditExemptWithAccountantsReport 2023-10-01 2024-09-30 05588262 c:FullAccounts 2023-10-01 2024-09-30 05588262 c:PrivateLimitedCompanyLtd 2023-10-01 2024-09-30 05588262 2 2023-10-01 2024-09-30 05588262 e:PoundSterling 2023-10-01 2024-09-30 iso4217:GBP xbrli:pure

Registered number: 05588262









VONANUT UK LIMITED







UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 30 SEPTEMBER 2024

 
VONANUT UK LIMITED
 
 
  
CHARTERED ACCOUNTANTS' REPORT TO THE BOARD OF DIRECTORS ON THE PREPARATION OF THE UNAUDITED STATUTORY FINANCIAL STATEMENTS OF VONANUT UK LIMITED
FOR THE YEAR ENDED 30 SEPTEMBER 2024

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of VONANUT UK LIMITED for the year ended 30 September 2024 which comprise  the Statement of Financial Position and the related notes from the Company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW)we are subject to its ethical and other professional requirements which are detailed at https://www.icaew.com /regulation.

This report is made solely to the Board of Directors of VONANUT UK LIMITED, as a body, in accordance with the terms of our engagement letter dated 24 March 2024Our work has been undertaken solely to prepare for your approval the financial statements of VONANUT UK LIMITED and state those matters that we have agreed to state to the Board of Directors of VONANUT UK LIMITED, as a body, in this report in accordance with ICAEW Technical Release TECH07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than VONANUT UK LIMITED and its Board of Directors, as a body, for our work or for this report. 

It is your duty to ensure that VONANUT UK LIMITED has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of VONANUT UK LIMITED. You consider that VONANUT UK LIMITED is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or review of the financial statements of VONANUT UK LIMITED. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.

  



Hurkan Sayman & Co
Chartered Accountants
291 Green Lanes
Palmers Green
London
N13 4XS
11 June 2025
Page 1

 
VONANUT UK LIMITED
REGISTERED NUMBER: 05588262

STATEMENT OF FINANCIAL POSITION
AS AT 30 SEPTEMBER 2024

2024
2023
Note
£
£

Fixed assets
  

Tangible assets
 4 
424,030
6,602

  
424,030
6,602

Current assets
  

Stocks
 5 
146,734
120,164

Debtors: amounts falling due within one year
 6 
553,138
562,952

Cash at bank and in hand
 7 
347,076
145,846

  
1,046,948
828,962

Creditors: amounts falling due within one year
 8 
(839,715)
(481,306)

Net current assets
  
 
 
207,233
 
 
347,656

Total assets less current liabilities
  
631,263
354,258

Creditors: amounts falling due after more than one year
 9 
(256,229)
-

  

Net assets
  
375,034
354,258


Capital and reserves
  

Called up share capital 
  
1,000
1,000

Profit and loss account
  
374,034
353,258

  
375,034
354,258


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 income statement 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: 

Page 2

 
VONANUT UK LIMITED
REGISTERED NUMBER: 05588262
    
STATEMENT OF FINANCIAL POSITION (CONTINUED)
AS AT 30 SEPTEMBER 2024




Nihat Dolmaci
Director
Date: 11 June 2025

The notes on pages 4 to 10 form part of these financial statements.

Page 3

 
VONANUT UK LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2024

1.


General information

Vonanut Limited is a private company limited by share capital, incorporated in England and Wales, registration number 05588262. The address of the registered office is 291 Green Lanes, Palmers Green, London, N13 4XS.

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 that relate to borrowings and cash and cash equivalents are presented in the Income Statement within 'finance income or costs'. All other foreign exchange gains and losses are presented in profit or loss within 'other operating income'.

Page 4

 
VONANUT UK LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 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:

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

Interest income

Interest income is recognised in profit or loss using the effective interest method.

 
2.5

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.

 
2.6

Borrowing costs

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

 
2.7

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.

Page 5

 
VONANUT UK LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2024

2.Accounting policies (continued)

 
2.8

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.


 
2.9

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:

Freehold property
-
Plant and machinery
-
25%
reducing balance
Motor vehicles
-
25%
reducing balance
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.

 
2.10

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 reporting 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.

 
2.11

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.

Page 6

 
VONANUT UK LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2024

2.Accounting policies (continued)

 
2.12

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.

 
2.13

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.

 
2.14

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

The average monthly number of employees, including directors, during the year was 3 (2023 - 3).

Page 7

 
VONANUT UK LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2024

4.


Tangible fixed assets





Freehold property
Plant and machinery
Motor vehicles
Fixtures and fittings
Total

£
£
£
£
£



Cost or valuation


At 1 October 2023
-
1,634
8,500
15,793
25,927


Additions
418,267
-
-
1,082
419,349



At 30 September 2024

418,267
1,634
8,500
16,875
445,276



Depreciation


At 1 October 2023
-
1,634
6,987
10,704
19,325


Charge for the year on owned assets
-
-
378
1,543
1,921



At 30 September 2024

-
1,634
7,365
12,247
21,246



Net book value



At 30 September 2024
418,267
-
1,135
4,628
424,030



At 30 September 2023
-
-
1,513
5,089
6,602


5.


Stocks

2024
2023
£
£

Raw materials and consumables
146,734
120,164

146,734
120,164



6.


Debtors

2024
2023
£
£


Trade debtors
547,124
554,860

Other debtors
5,541
6,170

Prepayments and accrued income
473
1,922

553,138
562,952

Page 8

 
VONANUT UK LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2024

6.Debtors (continued)



7.


Cash and cash equivalents

2024
2023
£
£

Cash at bank and in hand
347,076
145,846

347,076
145,846



8.


Creditors: Amounts falling due within one year

2024
2023
£
£

Bank loans
17,828
-

Trade creditors
806,272
406,876

Corporation tax
8,589
2,604

Other taxation and social security
859
-

Other creditors
2,915
68,778

Accruals and deferred income
3,252
3,048

839,715
481,306



9.


Creditors: Amounts falling due after more than one year

2024
2023
£
£

Bank loans
256,229
-

256,229
-


Page 9

 
VONANUT UK LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2024

10.


Loans


Analysis of the maturity of loans is given below:


2024
2023
£
£

Amounts falling due within one year

Bank loans
17,828
-


17,828
-

Amounts falling due 1-2 years

Bank loans
17,828
-


17,828
-

Amounts falling due 2-5 years

Bank loans
53,485
-


53,485
-

Amounts falling due after more than 5 years

Bank loans
184,916
-

184,916
-

274,057
-



11.


Related party transactions

Included within Creditors due within one year is a loan from the directors of £2,694. The loan is unsecured, free of interest and repayable on demand.

 
Page 10