Caseware UK (AP4) 2024.0.164 2024.0.164 2024-06-302024-06-300The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.2023-07-010falseNo description of principal activitytruetrue 09733092 2023-07-01 2024-06-30 09733092 2022-07-01 2023-06-30 09733092 2024-06-30 09733092 2023-06-30 09733092 1 2023-07-01 2024-06-30 09733092 d:Director1 2023-07-01 2024-06-30 09733092 d:RegisteredOffice 2023-07-01 2024-06-30 09733092 c:CurrentFinancialInstruments 2024-06-30 09733092 c:CurrentFinancialInstruments 2023-06-30 09733092 c:CurrentFinancialInstruments c:WithinOneYear 2024-06-30 09733092 c:CurrentFinancialInstruments c:WithinOneYear 2023-06-30 09733092 c:ShareCapital 2024-06-30 09733092 c:ShareCapital 2023-06-30 09733092 c:RetainedEarningsAccumulatedLosses 2024-06-30 09733092 c:RetainedEarningsAccumulatedLosses 2023-06-30 09733092 d:FRS102 2023-07-01 2024-06-30 09733092 d:AuditExempt-NoAccountantsReport 2023-07-01 2024-06-30 09733092 d:FullAccounts 2023-07-01 2024-06-30 09733092 d:PrivateLimitedCompanyLtd 2023-07-01 2024-06-30 09733092 e:PoundSterling 2023-07-01 2024-06-30 iso4217:GBP xbrli:pure
                                                                                   Registered number: 09733092 (England and Wales)


 
 
 
 
 
 
 
 
 
 
AHOY CLUB LTD
UNAUDITED
 
DIRECTOR'S REPORT AND FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2024

 
AHOY CLUB LTD
 
 
COMPANY INFORMATION


Director
I R Malouf 




Registered number
09733092



Registered office
Birchin Court
5th Floor

19-25 Birchin Lane

London

United Kingdom

EC3V 9DU





 
AHOY CLUB LTD
 

CONTENTS



Page
Balance Sheet
 
1
Notes to the Financial Statements
 
2 - 4


 
AHOY CLUB LTD
REGISTERED NUMBER:09733092

BALANCE SHEET
AS AT 30 JUNE 2024

2024
2023
Note
£
£

  

Current assets
  

Debtors: amounts falling due within one year
 3 
636,442
647,469

Bank and cash balances
  
12,434
4,005

  
648,876
651,474

Creditors: amounts falling due within one year
 4 
(3,939,715)
(3,940,553)

Net current liabilities
  
 
 
(3,290,839)
 
 
(3,289,079)

Total assets less current liabilities
  
(3,290,839)
(3,289,079)

  

Net liabilities
  
(3,290,839)
(3,289,079)


Capital and reserves
  

Called up share capital 
  
1
1

Profit and loss account
  
(3,290,840)
(3,289,080)

  
(3,290,839)
(3,289,079)


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 comprehensive income 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: 


I R Malouf
Director

Date: 12 June 2025

The notes on pages 2 to 4 form part of these financial statements.

Page 1

 
AHOY CLUB LTD
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2024

1.Accounting policies

 
1.1

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 Section 1A of Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006.

The following principal accounting policies have been applied:

  
1.2

Going concern

The director has prepared these financial statements on the going concern basis as he expects the Company to continue trading for at least 12 month from the date of approval of these financial statements. Continued trading will be supported through loans provided by companies under the common control of the shareholder.

 
1.3

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.

Page 2

 
AHOY CLUB LTD
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2024

1.Accounting policies (continued)

 
1.4

Turnover

Turnover is recognised to the extent that it is probable that the economic benefits will flow to the Company and the turnover can be reliably measured. Turnover 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 turnover is recognised:

Rendering of services

Turnover 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 turnover 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.

 
1.5

Debtors

Short term debtors are measured at transaction price, less any impairment. Amounts owed by group undertakings are intercompany loans measured at cost. These loans are unsecured, interest free and repayable on demand.

 
1.6

Cash and cash equivalents

Cash is represented by cash in hand and deposits with financial institutions.

  
1.7

Creditors

Short term creditors are measured at the transaction price. 
Other loans are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.


2.


Employees

The Company has no employees other than the directors, who did not receive any remuneration (2023 - £NIL)
Page 3

 
AHOY CLUB LTD
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2024

3.


Debtors

2024
2023
£
£


Amounts owed by group undertakings
633,957
633,957

Other debtors
2,485
13,512

636,442
647,469



4.


Creditors: Amounts falling due within one year

2024
2023
£
£

Other loans
3,929,615
3,925,227

Trade creditors
2,100
7,516

Other creditors
100
-

Accruals and deferred income
7,900
7,810

3,939,715
3,940,553


Other loans are unsecured, interest free and repayable on demand. The other loans represent amounts which are due to companies under the common control of the shareholder and director.


5.


Parent company

Axiom Club Limited is the parent company. The registered office of the parent company is Birchin Court 5th Floor, 19-25 Birchin Lane, London, United Kingdom, EC3V 9DU. The parent company is exempt from preparing consolidated financial statements. 


6.


Post balance sheet events

There were no adjusting or non-adjusting events occurring between the end of the reporting period and the date these financial statements were approved. 

 
Page 4