Caseware UK (AP4) 2024.0.164 2024.0.164 2025-01-31 2025-01-31 The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.2 2024-02-01 false No description of principal activity 2 false true false 12431068 2024-02-01 2025-01-31 12431068 2023-02-01 2024-01-31 12431068 2025-01-31 12431068 2024-01-31 12431068 c:Director2 2024-02-01 2025-01-31 12431068 d:Buildings d:ShortLeaseholdAssets 2024-02-01 2025-01-31 12431068 d:Buildings d:ShortLeaseholdAssets 2025-01-31 12431068 d:Buildings d:ShortLeaseholdAssets 2024-01-31 12431068 d:PlantMachinery 2024-02-01 2025-01-31 12431068 d:PlantMachinery 2025-01-31 12431068 d:PlantMachinery 2024-01-31 12431068 d:PlantMachinery d:OwnedOrFreeholdAssets 2024-02-01 2025-01-31 12431068 d:FurnitureFittings 2024-02-01 2025-01-31 12431068 d:FurnitureFittings 2025-01-31 12431068 d:FurnitureFittings 2024-01-31 12431068 d:FurnitureFittings d:OwnedOrFreeholdAssets 2024-02-01 2025-01-31 12431068 d:OfficeEquipment 2024-02-01 2025-01-31 12431068 d:OfficeEquipment 2025-01-31 12431068 d:OfficeEquipment 2024-01-31 12431068 d:OfficeEquipment d:OwnedOrFreeholdAssets 2024-02-01 2025-01-31 12431068 d:OwnedOrFreeholdAssets 2024-02-01 2025-01-31 12431068 d:CurrentFinancialInstruments 2025-01-31 12431068 d:CurrentFinancialInstruments 2024-01-31 12431068 d:CurrentFinancialInstruments d:WithinOneYear 2025-01-31 12431068 d:CurrentFinancialInstruments d:WithinOneYear 2024-01-31 12431068 d:ShareCapital 2025-01-31 12431068 d:ShareCapital 2024-01-31 12431068 d:RetainedEarningsAccumulatedLosses 2025-01-31 12431068 d:RetainedEarningsAccumulatedLosses 2024-01-31 12431068 c:OrdinaryShareClass1 2024-02-01 2025-01-31 12431068 c:OrdinaryShareClass1 2025-01-31 12431068 c:OrdinaryShareClass1 2024-01-31 12431068 c:OrdinaryShareClass2 2024-02-01 2025-01-31 12431068 c:OrdinaryShareClass2 2025-01-31 12431068 c:OrdinaryShareClass2 2024-01-31 12431068 c:OrdinaryShareClass3 2024-02-01 2025-01-31 12431068 c:OrdinaryShareClass3 2025-01-31 12431068 c:OrdinaryShareClass3 2024-01-31 12431068 c:OrdinaryShareClass4 2024-02-01 2025-01-31 12431068 c:OrdinaryShareClass4 2025-01-31 12431068 c:OrdinaryShareClass4 2024-01-31 12431068 c:OrdinaryShareClass5 2024-02-01 2025-01-31 12431068 c:OrdinaryShareClass5 2025-01-31 12431068 c:OrdinaryShareClass5 2024-01-31 12431068 c:FRS102 2024-02-01 2025-01-31 12431068 c:AuditExempt-NoAccountantsReport 2024-02-01 2025-01-31 12431068 c:FullAccounts 2024-02-01 2025-01-31 12431068 c:PrivateLimitedCompanyLtd 2024-02-01 2025-01-31 12431068 6 2024-02-01 2025-01-31 12431068 e:PoundSterling 2024-02-01 2025-01-31 xbrli:shares iso4217:GBP xbrli:pure

Registered number: 12431068 VAPELLA LIMITED UNAUDITED FINANCIAL STATEMENTS INFORMATION FOR FILING WITH THE REGISTRAR FOR THE YEAR ENDED 31 JANUARY 2025 .
VAPELLA LIMITED REGISTERED NUMBER: 12431068 STATEMENT OF FINANCIAL POSITION AS AT 31 JANUARY 2025
|  | 2025 |  | 2024
Note |  | £ |  | £
Fixed assets |  |  |  |  |
Tangible assets | 4 |  | 19,841 |  | 25,837
Investments | 5 |  | 265,000 |  | 265,000
|  |  | 284,841 |  | 290,837
Current assets |  |  |  |  |
Debtors: amounts falling due within one year | 6 | 2,696 |  | 31,145 |
Cash at bank and in hand |  | 88 |  | 18 |
|  | 2,784 |  | 31,163 |
Creditors: amounts falling due within one year | 7 | (411,529) |  | (435,631) |
Net current liabilities |  |  | (408,745) |  | (404,468)
Total assets less current liabilities |  |  | (123,904) |  | (113,631)
Net liabilities |  |  | (123,904) |  | (113,631)
Capital and reserves |  |  |  |  |
Called up share capital | 8 |  | 265,000 |  | 265,000
Profit and loss account |  |  | (388,904) |  | (378,631)
|  |  | (123,904) |  | (113,631)
Page 1
VAPELLA LIMITED REGISTERED NUMBER: 12431068 STATEMENT OF FINANCIAL POSITION (CONTINUED) AS AT 31 JANUARY 2025 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 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 15 August 2025.
D E Stanley
Director
The notes on pages 3 to 7 form part of these financial statements. Page 2
VAPELLA LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JANUARY 2025 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 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:
| 1.2 | 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.
| 1.3 | 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.
| 1.4 | Operating leases: the Company as lessee
Rentals paid under operating leases are charged to profit or loss on a straight-line basis over the lease term. Page 3
VAPELLA LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JANUARY 2025 1.Accounting policies (continued)
| 1.5 | 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.
| 1.6 | 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, as below. Depreciation is provided on the following basis:
|  |  |  | Short-term leasehold property | - | 10% | Straight line
|  |  |  | Plant and machinery | - | 20% | Straight line
|  |  |  | Fixtures and fittings | - | 20% | Reducing balance
|  |  |  | Office equipment | - | 20% | 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.
| 1.7 | Valuation of investments
Investments in subsidiaries are measured at cost less accumulated impairment.
| 1.8 | 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.
| 1.9 | 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.
| 1.10 | 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. Page 4
VAPELLA LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JANUARY 2025
2. | General information
Vapella Limited is a private company, limited by shares and incorporated in England. Its registered number is: 12431068 The Registered office is: Invision House Wilbury Way Hitchin Hertfordshire SG4 0TY
3. | Employees
| The average monthly number of employees, including directors, during the year was 2 (2024 - 2).
Page 5
VAPELLA LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JANUARY 2025
4. | Tangible fixed assets
|  | Short-term leasehold property | Plant and machinery | Fixtures and fittings | Office equipment | Total
|  | £ | £ | £ | £ | £
| Cost or valuation |  |  |  |  |
| At 1 February 2024 | 16,400 | 14,067 | 10,453 | 7,822 | 48,742
| At 31 January 2025 | 16,400 | 14,067 | 10,453 | 7,822 | 48,742
| Depreciation |  |  |  |  |
| At 1 February 2024 | 3,051 | 7,425 | 6,171 | 6,258 | 22,905
| Charge for the year on owned assets | 763 | 2,813 | 856 | 1,564 | 5,996
| At 31 January 2025 | 3,814 | 10,238 | 7,027 | 7,822 | 28,901
| Net book value |  |  |  |  |
| At 31 January 2025 | 12,586 | 3,829 | 3,426 | - | 19,841
5. | Fixed asset investments
|  | Investments in subsidiary companies
|  | £
| Cost or valuation |
| At 1 February 2024 | 265,000
| At 31 January 2025 | 265,000
Page 6
VAPELLA LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JANUARY 2025
6. | Debtors
|  |  |  |  | 2025 | 2024
|  |  |  |  | £ | £
| Amounts owed by related parties | 316 | -
| Other debtors | 2,380 | 30,009
| Prepayments and accrued income | - | 1,136
|  | 2,696 | 31,145
7. | Creditors: Amounts falling due within one year
|  |  |  |  | 2025 | 2024
|  |  |  |  | £ | £
| Trade creditors | 5,334 | 30,089
| Amounts owed to related parties | 128,684 | 109,608
| Other taxation and social security | - | 14,409
| Other creditors | 275,861 | 279,875
| Accruals and deferred income | 1,650 | 1,650
|  | 411,529 | 435,631
8. | Share capital
|  |  |  |  | 2025 | 2024
|  |  |  |  | £ | £
|  | Allotted, called up and fully paid |  |
|  | 198,747 (2024 - 198,747) A Ordinary shares of £1.00 each | 198,747 | 198,747
|  | 66,250 (2024 - 66,250) B Ordinary shares of £1.00 each | 66,250 | 66,250
|  | 1 (2024 - 1) C Ordinary share of £1.00 | 1 | 1
|  | 1 (2024 - 1) D Ordinary share of £1.00 | 1 | 1
|  | 1 (2024 - 1) Ordinary share of £1.00 | 1 | 1
|  |  | 265,000 | 265,000
Page 7