Caseware UK (AP4) 2022.0.179 2022.0.179 2023-06-30 2023-06-30 2022-07-01 false No description of principal activity 4 4 true true The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. 10216812 2022-07-01 2023-06-30 10216812 2021-07-01 2022-06-30 10216812 2023-06-30 10216812 2022-06-30 10216812 c:Director4 2022-07-01 2023-06-30 10216812 d:ComputerEquipment 2022-07-01 2023-06-30 10216812 d:ComputerEquipment 2023-06-30 10216812 d:ComputerEquipment 2022-06-30 10216812 d:ComputerEquipment d:OwnedOrFreeholdAssets 2022-07-01 2023-06-30 10216812 d:CurrentFinancialInstruments 2023-06-30 10216812 d:CurrentFinancialInstruments 2022-06-30 10216812 d:CurrentFinancialInstruments d:WithinOneYear 2023-06-30 10216812 d:CurrentFinancialInstruments d:WithinOneYear 2022-06-30 10216812 d:ShareCapital 2023-06-30 10216812 d:ShareCapital 2022-06-30 10216812 d:CapitalRedemptionReserve 2023-06-30 10216812 d:CapitalRedemptionReserve 2022-06-30 10216812 d:RetainedEarningsAccumulatedLosses 2023-06-30 10216812 d:RetainedEarningsAccumulatedLosses 2022-06-30 10216812 c:FRS102 2022-07-01 2023-06-30 10216812 c:AuditExempt-NoAccountantsReport 2022-07-01 2023-06-30 10216812 c:FullAccounts 2022-07-01 2023-06-30 10216812 c:PrivateLimitedCompanyLtd 2022-07-01 2023-06-30 10216812 2 2022-07-01 2023-06-30 10216812 d:AcceleratedTaxDepreciationDeferredTax 2023-06-30 10216812 d:AcceleratedTaxDepreciationDeferredTax 2022-06-30 iso4217:GBP xbrli:pure

Registered number: 10216812 221GROUP LTD UNAUDITED FINANCIAL STATEMENTS INFORMATION FOR FILING WITH THE REGISTRAR FOR THE YEAR ENDED 30 JUNE 2023
221GROUP LTD REGISTERED NUMBER: 10216812 BALANCE SHEET AS AT 30 JUNE 2023
|  | 2023 |  | 2022
Note |  | £ |  | £
Fixed assets |  |  |  |  |
Tangible assets | 4 |  | 4,875 |  | 6,888
|  |  | 4,875 |  | 6,888
Current assets |  |  |  |  |
Debtors: amounts falling due within one year | 5 | 10,180 |  | 5,051 |
Cash at bank and in hand | 6 | 5,710 |  | 25,712 |
|  | 15,890 |  | 30,763 |
Creditors: amounts falling due within one year | 7 | (13,175) |  | (29,311) |
Net current assets |  |  | 2,715 |  | 1,452
Total assets less current liabilities |  |  | 7,590 |  | 8,340
Provisions for liabilities |  |  |  |  |
Deferred tax | 8 | - |  | (1,309) |
|  |  | - |  | (1,309)
Net assets |  |  | 7,590 |  | 7,031
Capital and reserves |  |  |  |  |
Called up share capital |  |  | 200 |  | 200
Capital redemption reserve |  |  | 20 |  | 20
Profit and loss account |  |  | 7,370 |  | 6,811
|  |  | 7,590 |  | 7,031
Page 1
221GROUP LTD REGISTERED NUMBER: 10216812 BALANCE SHEET (CONTINUED) AS AT 30 JUNE 2023 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 profit and loss account 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 28 September 2023.
T E Sewell
Director
The notes on pages 3 to 7 form part of these financial statements. Page 2
221GROUP LTD NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2023
1. | General information
221Group Ltd is a private company limited by shares incorporated in England and Wales under the Companies Act 2006. The address of its registered office is Anglia House, 6 Central Avenue, St Andrews Business Park, Thorpe St Andrew, Norwich, NR7 0HR. 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 | Going concern
The director considers that the resources available to the company will be sufficient for it to be able to continue as a going concern. The financial statements do not contain any adjustments that would be required if the company were not able to continue as a going concern.
| 2.3 | 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: 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.
| 2.4 | Interest income
Interest income is recognised in profit or loss using the effective interest method. Page 3
221GROUP LTD NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2023 2.Accounting policies (continued)
| 2.5 | Current and deferred taxation
The tax expense for the year comprises current and deferred tax. 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. 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 except in respect of business combinations, when deferred tax is recognised on the differences between the fair values of assets acquired and the future tax deductions available for them and the differences between the fair values of liabilities acquired and the amount that will be assessed for tax. Deferred tax is determined using tax rates and laws that have been enacted or substantively enacted by the balance sheet date.
| 2.6 | 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, on a reducing balance basis. Depreciation is provided on the following basis:
|  |  |  | Computer equipment | - | 20% |
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.
| 2.7 | 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
221GROUP LTD NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2023 2.Accounting policies (continued)
| 2.8 | 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.
| 2.9 | 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.
| 2.10 | Provisions for liabilities
Provisions are made where an event has taken place that gives the Company a legal or constructive obligation that probably requires settlement by a transfer of economic benefit, and a reliable estimate can be made of the amount of the obligation. Provisions are charged as an expense to profit or loss in the year that the Company becomes aware of the obligation, and are measured at the best estimate at the balance sheet date of the expenditure required to settle the obligation, taking into account relevant risks and uncertainties. When payments are eventually made, they are charged to the provision carried in the Balance Sheet.
3. | Employees
| The average monthly number of employees, including directors, during the year was 4 (2022 - 4).
Page 5
221GROUP LTD NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2023
4. | Tangible fixed assets
|  | Computer equipment
|  | £
| Cost or valuation |
| At 1 July 2022 | 8,051
| At 30 June 2023 | 8,051
| Depreciation |
| At 1 July 2022 | 1,163
| Charge for the year on owned assets | 2,013
| At 30 June 2023 | 3,176
| Net book value |
| At 30 June 2023 | 4,875
| At 30 June 2022 | 6,888
5. | Debtors
|  |  |  |  | 2023 | 2022
|  |  |  |  | £ | £
| Other debtors | 2,185 | 4,780
| Prepayments and accrued income | 7,995 | 271
|  | 10,180 | 5,051
6. | Cash and cash equivalents
|  |  |  |  | 2023 | 2022
|  |  |  |  | £ | £
| Cash at bank and in hand | 5,710 | 25,712
|  | 5,710 | 25,712
Page 6
221GROUP LTD NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2023
7. | Creditors: Amounts falling due within one year
|  |  |  |  | 2023 | 2022
|  |  |  |  | £ | £
| Other creditors | 1,551 | 1,551
| Accruals and deferred income | 11,624 | 27,760
|  | 13,175 | 29,311
8. | Deferred taxation
|  | 2023
|  | £
| At beginning of year | (1,309)
| Charged to profit or loss | 1,309
| At end of year | -
| The deferred taxation balance is made up as follows:
|  |  |  |  | 2023 | 2022
|  |  |  |  | £ | £
| Accelerated capital allowances | - | (1,309)
|  | - | (1,309)
Page 7