Caseware UK (AP4) 2024.0.164 2024.0.164 2024-09-302024-09-30trueNo description of principal activityfalse2023-10-01falseThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.33false 01807409 2023-10-01 2024-09-30 01807409 2022-10-01 2023-09-30 01807409 2024-09-30 01807409 2023-09-30 01807409 c:Director3 2023-10-01 2024-09-30 01807409 d:FurnitureFittings 2023-10-01 2024-09-30 01807409 d:FurnitureFittings 2024-09-30 01807409 d:FurnitureFittings 2023-09-30 01807409 d:FurnitureFittings d:OwnedOrFreeholdAssets 2023-10-01 2024-09-30 01807409 d:CurrentFinancialInstruments 2024-09-30 01807409 d:CurrentFinancialInstruments 2023-09-30 01807409 d:CurrentFinancialInstruments d:WithinOneYear 2024-09-30 01807409 d:CurrentFinancialInstruments d:WithinOneYear 2023-09-30 01807409 d:ShareCapital 2024-09-30 01807409 d:ShareCapital 2023-09-30 01807409 d:RetainedEarningsAccumulatedLosses 2024-09-30 01807409 d:RetainedEarningsAccumulatedLosses 2023-09-30 01807409 c:FRS102 2023-10-01 2024-09-30 01807409 c:AuditExempt-NoAccountantsReport 2023-10-01 2024-09-30 01807409 c:FullAccounts 2023-10-01 2024-09-30 01807409 c:PrivateLimitedCompanyLtd 2023-10-01 2024-09-30 01807409 e:PoundSterling 2023-10-01 2024-09-30 iso4217:GBP xbrli:pure

Registered number: 01807409









QUILA LIMITED







UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 30 SEPTEMBER 2024

 
QUILA LIMITED
REGISTERED NUMBER: 01807409

STATEMENT OF FINANCIAL POSITION
AS AT 30 SEPTEMBER 2024

2024
2024
2023
2023
Note
£
£
£
£

Fixed assets
  

Tangible assets
 4 
124
146

Current assets
  

Debtors: amounts falling due within one year
 5 
79
10

Cash at bank and in hand
  
25,993
30,972

  
26,072
30,982

Creditors: amounts falling due within one year
 6 
(8,078)
(7,315)

Net current assets
  
 
 
17,994
 
 
23,667

  

Net assets
  
18,118
23,813


Capital and reserves
  

Called up share capital 
  
100
100

Profit and loss account
  
18,018
23,713

  
18,118
23,813


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 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: 




Philip Christensen
Director

Date: 17 June 2025

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

Page 1

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

1.


General information

Quila Limited is a private company limited by shares incorporated in the United Kingdom and registered in England and Wales. The address of its registered office is 124 Finchley Road, London, NW3 5JS.

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 company's functional and presentational currency is GBP.

The following principal accounting policies have been applied:

 
2.2

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, fittings & equipment
-
15%
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.

 
2.3

Debtors

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

 
2.4

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.

 
2.5

Financial instruments

The company only enters into basic financial instruments transactions that result in the recognition of financial assets and liabilities like trade and other debtors and creditors and loans from related parties.

Page 2

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

2.Accounting policies (continued)

 
2.6

Creditors

Short term creditors are measured at the transaction price.


3.


Employees

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


4.


Tangible fixed assets





Office equipment

£



Cost


At 1 October 2023
3,770



At 30 September 2024

3,770



Depreciation


At 1 October 2023
3,624


Charge for the year on owned assets
22



At 30 September 2024

3,646



Net book value



At 30 September 2024
124



At 30 September 2023
146


5.


Debtors

2024
2023
£
£


Other debtors
79
10

79
10


Page 3

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

6.


Creditors: Amounts falling due within one year

2024
2023
£
£

Payments received on account
300
300

Other creditors
4,278
3,515

Accruals
3,500
3,500

8,078
7,315



7.


Related party transactions

During the year Mr and Mrs Christensen have provided the company with an interest free loan which is unsecured and repayable on demand. At the reporting date, the amount owed to Mr and Mrs Christensen was £4,278 (2023: £3,515).

 
Page 4