Caseware UK (AP4) 2024.0.164 2024.0.164 2024-12-312024-12-312024-01-01falseletting of industrial units, storage and warehousing00truetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.false 01563873 2024-01-01 2024-12-31 01563873 2023-01-01 2023-12-31 01563873 2024-12-31 01563873 2023-12-31 01563873 c:Director2 2024-01-01 2024-12-31 01563873 d:PlantMachinery 2024-01-01 2024-12-31 01563873 d:PlantMachinery 2024-12-31 01563873 d:PlantMachinery 2023-12-31 01563873 d:FurnitureFittings 2024-01-01 2024-12-31 01563873 d:FurnitureFittings 2024-12-31 01563873 d:FurnitureFittings 2023-12-31 01563873 d:OtherPropertyPlantEquipment 2024-01-01 2024-12-31 01563873 d:OtherPropertyPlantEquipment 2024-12-31 01563873 d:OtherPropertyPlantEquipment 2023-12-31 01563873 d:CurrentFinancialInstruments 2024-12-31 01563873 d:CurrentFinancialInstruments 2023-12-31 01563873 d:CurrentFinancialInstruments d:WithinOneYear 2024-12-31 01563873 d:CurrentFinancialInstruments d:WithinOneYear 2023-12-31 01563873 d:ShareCapital 2024-12-31 01563873 d:ShareCapital 2023-12-31 01563873 d:RetainedEarningsAccumulatedLosses 2024-12-31 01563873 d:RetainedEarningsAccumulatedLosses 2023-12-31 01563873 c:FRS102 2024-01-01 2024-12-31 01563873 c:AuditExempt-NoAccountantsReport 2024-01-01 2024-12-31 01563873 c:FullAccounts 2024-01-01 2024-12-31 01563873 c:PrivateLimitedCompanyLtd 2024-01-01 2024-12-31 01563873 2 2024-01-01 2024-12-31 01563873 e:PoundSterling 2024-01-01 2024-12-31 iso4217:GBP xbrli:pure

Registered number: 01563873









ASSOCIATED TOYS LIMITED







UNAUDITED

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2024

 
ASSOCIATED TOYS LIMITED
REGISTERED NUMBER: 01563873

BALANCE SHEET
AS AT 31 DECEMBER 2024

2024
2023
Note
£
£

  

Current assets
  

Debtors: amounts falling due within one year
 5 
832
1,123

Cash at bank and in hand
 6 
1,382,240
1,465,511

  
1,383,072
1,466,634

Creditors: amounts falling due within one year
  
(7,344)
(7,732)

Net current assets
  
 
 
1,375,728
 
 
1,458,902

Total assets less current liabilities
  
1,375,728
1,458,902

  

Net assets
  
1,375,728
1,458,902


Capital and reserves
  

Called up share capital 
  
600
600

Profit and loss account
  
1,375,128
1,458,302

  
1,375,728
1,458,902


Page 1

 
ASSOCIATED TOYS LIMITED
REGISTERED NUMBER: 01563873
    
BALANCE SHEET (CONTINUED)
AS AT 31 DECEMBER 2024

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 income and retained earnings 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 on 29 July 2025.




................................................
B J Pittfield
Director

The notes on pages 3 to 6 form part of these financial statements.

Page 2

 
ASSOCIATED TOYS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024

1.


General information

The Company is a private company limited by share capital. The Company was incorporated in England and the principal activity throughout the year was that of the letting of industrial units, storage and warehousing. 

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

Interest income

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

 
2.3

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.

 
2.4

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 balance sheet date in the countries where the Company operates and generates income.


 
2.5

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.

Page 3

 
ASSOCIATED TOYS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024

2.Accounting policies (continued)


2.5
Tangible fixed assets (continued)

Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, using the straight-line method.

Depreciation is provided on the following basis:

Plant and machinery
-
15% Straight line
Fixtures and fittings
-
15% Straight line
Computer equipment
-
25% Straight line

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.

 
2.6

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.

 
2.7

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.

 
2.8

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.

 
2.9

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 Company has no employees other than the directors, who did not receive any remuneration (2023 - £Nil).

Page 4

 
ASSOCIATED TOYS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024

4.


Tangible fixed assets





Plant and machinery
Fixtures and fittings
Computer equipment
Total

£
£
£
£



Cost or valuation


At 1 January 2024
62,842
46,129
126,821
235,792



At 31 December 2024

62,842
46,129
126,821
235,792



Depreciation


At 1 January 2024
62,842
46,129
126,821
235,792



At 31 December 2024

62,842
46,129
126,821
235,792



Net book value



At 31 December 2024
-
-
-
-



At 31 December 2023
-
-
-
-

Page 5

 
ASSOCIATED TOYS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024

5.


Debtors

2024
2023
£
£


Other debtors
832
1,123

832
1,123


Included within other debtors due within one year is a loan to B J Pittfield, the director, amounting to £832 (2023 - £541).




6.


Cash and cash equivalents

2024
2023
£
£

Cash at bank and in hand
1,382,240
1,465,511

1,382,240
1,465,511



7.


Controlling party

The Company is controlled by the director, B J Pittfield, by virtue of his shareholding as described in the Director's report.

 
Page 6