Caseware UK (AP4) 2024.0.164 2024.0.164 2024-12-312024-12-31false1true2024-01-011falseProvision of sales and marketing servicestrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. 12337540 2024-01-01 2024-12-31 12337540 2023-01-01 2023-12-31 12337540 2024-12-31 12337540 2023-12-31 12337540 c:Director1 2024-01-01 2024-12-31 12337540 c:RegisteredOffice 2024-01-01 2024-12-31 12337540 d:CurrentFinancialInstruments 2024-12-31 12337540 d:CurrentFinancialInstruments 2023-12-31 12337540 d:CurrentFinancialInstruments d:WithinOneYear 2024-12-31 12337540 d:CurrentFinancialInstruments d:WithinOneYear 2023-12-31 12337540 d:ShareCapital 2024-12-31 12337540 d:ShareCapital 2023-12-31 12337540 d:RetainedEarningsAccumulatedLosses 2024-12-31 12337540 d:RetainedEarningsAccumulatedLosses 2023-12-31 12337540 c:FRS102 2024-01-01 2024-12-31 12337540 c:AuditExempt-NoAccountantsReport 2024-01-01 2024-12-31 12337540 c:FullAccounts 2024-01-01 2024-12-31 12337540 c:PrivateLimitedCompanyLtd 2024-01-01 2024-12-31 12337540 e:PoundSterling 2024-01-01 2024-12-31 iso4217:GBP xbrli:pure
Registered number: 12337540











SINGA KARAOKE UK LTD.
 
FINANCIAL STATEMENTS
 
FOR THE YEAR ENDED 31 DECEMBER 2024

 
SINGA KARAOKE UK LTD.
 

COMPANY INFORMATION


Director
A. E. J. Hujanen 




Registered number
12337540



Registered office
1st Floor Sackville House
143-149 Fenchurch Street

London

EC3M 6BL





 
SINGA KARAOKE UK LTD.
 

CONTENTS



Page
Balance Sheet
 
1
Notes to the Financial Statements
 
2 - 5


 
SINGA KARAOKE UK LTD.
REGISTERED NUMBER: 12337540

BALANCE SHEET
AS AT 31 DECEMBER 2024

2024
2023
Note
£
£

Current assets
  

Debtors
 4 
1,259
2,226

Bank and cash balances
  
14,026
29,674

  
15,285
31,900

Creditors: amounts falling due within one year
 5 
(61,042)
(47,339)

  

Net liabilities
  
(45,757)
(15,439)


Capital and reserves
  

Allotted, called up and fully paid share
capital
  
100
100

Profit and loss account
  
(45,857)
(15,539)

Equity shareholder's deficit
  
(45,757)
(15,439)


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 Director's Report and the Statement of Income and Retained Earnings in accordance with provisions applicable to companies subject to the small companies regime, under section 444 of the Companies Act 2006.

The financial statements were approved and authorised for issue by the board and were signed on its behalf on   17 June 2025.




A. E. J. Hujanen
Director

The notes on pages 2 to 5 form part of these financial statements.
Page 1

 
SINGA KARAOKE UK LTD.
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024

1.


General information

Singa Karaoke UK Ltd. (company number: 12337540), having its registered office and principal place of business at 1st Floor Sackville House, 143-149 Fenchurch Street, London, EC3M 6BL, is a private limited company incorporated in England and Wales.
There is no principal place of business.

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 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:

  
2.2

Statement of Cash Flows

The Company has taken advantage of the exemption in Financial Reporting Standard 102, Section 1A.7 from the requirement to provide a Statement of Cash Flows on the grounds that it is a small company.

 
2.3

Going concern

At the year end, the Company had net liabilties of £45,757 (2023: £15,439). The Company has the support of its parent undertaking, who is also the Company's main creditor, who have confirmed that they will support the Company for the foreseeable future and for a period of at least 12 months. On that basis the director considers it appropriate to prepare the financial statements on a going concern basis.

 
2.4

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.

 
2.5

Debtors

Short-term debtors are measured at transaction price, less any impairment.

Page 2

 
SINGA KARAOKE UK LTD.
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024

2.Accounting policies (continued)

 
2.6

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. 

 
2.7

Creditors

Short-term creditors are measured at the transaction price. 

 
2.8

Financial instruments

The Company only enters into basic financial instrument transactions that result in the recognition of financial assets and liabilities like trade and other debtors and creditors, loans from banks and other third parties and loans to related parties.
Debt instruments that are payable or receivable within one year, typically trade debtors and creditors, are measured, initially and subsequently, at the undiscounted amount of the cash or other consideration expected to be paid or received.
Financial assets that are measured at cost and amortised cost are assessed at the end of each reporting period for objective evidence of impairment. If objective evidence of impairment is found, an impairment loss is recognised in the Statement of Income and Retained Earnings.

 
2.9

Finance costs

Finance costs are charged to the Statement of Income and Retained Earnings 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.

 
2.10

Foreign currency translation

Functional and presentation currency

The Company's functional and presentational currency is British Pound Sterling (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

 
SINGA KARAOKE UK LTD.
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024

2.Accounting policies (continued)

 
2.11

Taxation

Tax is recognised in the Statement of Income and Retained Earnings.

The current corporation 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.

Deferred tax balances are recognised in respect of all timing differences that have originated but not reversed by the Balance Sheet date, except that:
The recognition of deferred tax assets is limited to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits; and
Any deferred tax balances are reversed if and when all conditions for retaining associated tax allowances have been met.

Deferred tax balances are not recognised in respect of permanent differences. Deferred tax is determined using tax rates and laws that have been enacted or substantively enacted by the Balance Sheet date.



3.


Employees

The average monthly number of employees, including directors, during the year was 1 (2023 - 1).

Page 4

 
SINGA KARAOKE UK LTD.
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024

4.


Debtors

2024
2023
£
£

Due within one year

Amounts owed by group undertakings
100
100

Other debtors
1,159
2,126

1,259
2,226



5.


Creditors: Amounts falling due within one year

2024
2023
£
£

Trade creditors
12,382
990

Other taxation and social security costs
286
-

Amounts owed to group undertakings
40,007
41,652

Accruals and deferred income
8,367
4,697

61,042
47,339



6.


Related party transactions

The Company has taken advantage of Section 33.1A of FRS102 in not disclosing transactions between wholly-owned members of a group.


7.


Controlling party

At 31 December 2024 and 31 December 2023, the Company's immediate and ultimate parent undertaking was Singa Oy, a company incorporated in Finland.

Page 5