Caseware UK (AP4) 2024.0.164 2024.0.164 2024-11-30 2024-11-30 1 No description of principal activity The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.1 2023-05-31 false false true false 13413415 2023-05-31 2024-11-30 13413415 2022-05-31 2023-05-30 13413415 2024-11-30 13413415 2023-05-30 13413415 c:Director1 2023-05-31 2024-11-30 13413415 d:CurrentFinancialInstruments 2024-11-30 13413415 d:CurrentFinancialInstruments 2023-05-30 13413415 d:CurrentFinancialInstruments d:WithinOneYear 2024-11-30 13413415 d:CurrentFinancialInstruments d:WithinOneYear 2023-05-30 13413415 d:ShareCapital 2024-11-30 13413415 d:ShareCapital 2023-05-30 13413415 d:RetainedEarningsAccumulatedLosses 2023-05-31 2024-11-30 13413415 d:RetainedEarningsAccumulatedLosses 2024-11-30 13413415 d:RetainedEarningsAccumulatedLosses 2023-05-30 13413415 c:OrdinaryShareClass1 2023-05-31 2024-11-30 13413415 c:OrdinaryShareClass1 2024-11-30 13413415 c:OrdinaryShareClass1 2023-05-30 13413415 c:FRS102 2023-05-31 2024-11-30 13413415 c:AuditExempt-NoAccountantsReport 2023-05-31 2024-11-30 13413415 c:FullAccounts 2023-05-31 2024-11-30 13413415 c:PrivateLimitedCompanyLtd 2023-05-31 2024-11-30 13413415 2 2023-05-31 2024-11-30 13413415 e:PoundSterling 2023-05-31 2024-11-30 xbrli:shares iso4217:GBP xbrli:pure

Registered number: 13413415 AVIT LIGHT DESIGN LIMITED (FORMERLY DECRET DESIGN LTD) UNAUDITED FINANCIAL STATEMENTS INFORMATION FOR FILING WITH THE REGISTRAR FOR THE PERIOD ENDED 30 NOVEMBER 2024
AVIT LIGHT DESIGN LIMITED (FORMERLY DECRET DESIGN LTD) REGISTERED NUMBER: 13413415 STATEMENT OF FINANCIAL POSITION AS AT 30 NOVEMBER 2024
|  | 30 November |  | 30 May
|  | 2024 |  | 2023
Note |  | £ |  | £
Current assets |  |  |  |  |
Debtors: amounts falling due within one year | 4 | 6,736 |  | 5,678 |
Cash at bank and in hand | 5 | 8,521 |  | 37,681 |
|  | 15,257 |  | 43,359 |
Creditors: amounts falling due within one year | 6 | (42,359) |  | (15,546) |
Net current (liabilities)/assets |  |  | (27,102) |  | 27,813
Total assets less current liabilities |  |  | (27,102) |  | 27,813
Net (liabilities)/assets |  |  | (27,102) |  | 27,813
Capital and reserves |  |  |  |  |
Called up share capital | 7 |  | 1 |  | 1
Profit and loss account | 8 |  | (27,103) |  | 27,812
|  |  | (27,102) |  | 27,813
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 period 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. Page 1
AVIT LIGHT DESIGN LIMITED (FORMERLY DECRET DESIGN LTD) REGISTERED NUMBER: 13413415 STATEMENT OF FINANCIAL POSITION (CONTINUED) AS AT 30 NOVEMBER 2024 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 19 August 2025.
David Rene Louis Decret
Director
The notes on pages 3 to 7 form part of these financial statements. Page 2
AVIT LIGHT DESIGN LIMITED (FORMERLY DECRET DESIGN LTD) NOTES TO THE FINANCIAL STATEMENTS FOR THE PERIOD ENDED 30 NOVEMBER 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 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. 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. Foreign exchange gains and losses that relate to borrowings and cash and cash equivalents are presented in the Statement of income and retained earnings within 'finance income or costs'. All other foreign exchange gains and losses are presented in profit or loss within 'other operating income'. Page 3
AVIT LIGHT DESIGN LIMITED (FORMERLY DECRET DESIGN LTD) NOTES TO THE FINANCIAL STATEMENTS FOR THE PERIOD ENDED 30 NOVEMBER 2024 1.Accounting policies (continued)
| 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. Rendering of services Revenue 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 revenue 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.
| 1.4 | Interest income
Interest income is recognised in profit or loss using the effective interest method.
| 1.5 | 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 reporting date in the countries where the Company operates and generates income.
| 1.6 | 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. Page 4
AVIT LIGHT DESIGN LIMITED (FORMERLY DECRET DESIGN LTD) NOTES TO THE FINANCIAL STATEMENTS FOR THE PERIOD ENDED 30 NOVEMBER 2024 1.Accounting policies (continued)
| 1.7 | 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.
| 1.8 | 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. | Judgments in applying accounting policies and key sources of estimation uncertainty
In the application of the company's accounting policies management is required to make judgements, estimates and assumptions about the carrying value of assets and liabilities that are not readily ascertainable from other sources. The estimates and underlying assumptions are based on historical experience and other factors that are considered to be relevant. Actual outcomes may differ from these estimates. The estimates and underlying assumptions are reviewed on a continuing basis. Revisions to accounting estimates are recognised in the period in which the estimates are revised. The key areas of estimation uncertainty that have a significant effect on the amounts recognised in the financial statements are described below: Accrued Expenditure The company includes a provision for invoices which are yet to be received from and amounts paid in advance to suppliers. These provisions are estimated based upon the expected values of the invoices which are issued and services received following the period end. Page 5
AVIT LIGHT DESIGN LIMITED (FORMERLY DECRET DESIGN LTD) NOTES TO THE FINANCIAL STATEMENTS FOR THE PERIOD ENDED 30 NOVEMBER 2024
3. | Employees
| The average monthly number of employees, including directors, during the period was 1 (2023 - 1).
4. | Debtors
|  |  |  |  | 30 November | 30 May
|  |  |  |  | 2024 | 2023
|  |  |  |  | £ | £
| Trade debtors | 1,376 | 3,957
| Other debtors | 5,360 | 1,721
|  | 6,736 | 5,678
5. | Cash and cash equivalents
|  |  |  |  | 30 November | 30 May
|  |  |  |  | 2024 | 2023
|  |  |  |  | £ | £
| Cash at bank and in hand | 8,521 | 37,681
|  | 8,521 | 37,681
6. | Creditors: Amounts falling due within one year
|  |  |  |  | 30 November | 30 May
|  |  |  |  | 2024 | 2023
|  |  |  |  | £ | £
| Trade creditors | 25,054 | 3,870
| Corporation tax | - | 6,676
| Other creditors | 12,305 | -
| Accruals and deferred income | 5,000 | 5,000
|  | 42,359 | 15,546
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AVIT LIGHT DESIGN LIMITED (FORMERLY DECRET DESIGN LTD) NOTES TO THE FINANCIAL STATEMENTS FOR THE PERIOD ENDED 30 NOVEMBER 2024
7. | Share capital
|  |  |  |  | 30 November | 30 May
|  |  |  |  | 2024 | 2023
|  |  |  |  | £ | £
|  | Allotted, called up and fully paid |  |
|  | 1 (2023 - 1) Ordinary share of £1.00 | 1 | 1
8. | Reserves
Profit and loss account The profit and loss reserve is fully distributable.
9. | Related party transactions
| At the balance sheet date, the company owed £12,305 to David Decret, the company's sole director and shareholder (2023 - £1,721 was owed to the company).
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