Caseware UK (AP4) 2022.0.179 2022.0.179 2023-01-312023-01-31false002022-06-01falseThe principal activity of the company during the year under review was Telecommunication activities.true 08217755 2022-06-01 2023-01-31 08217755 2021-02-01 2022-05-31 08217755 2023-01-31 08217755 2022-05-31 08217755 c:Director5 2022-06-01 2023-01-31 08217755 d:CurrentFinancialInstruments 2023-01-31 08217755 d:CurrentFinancialInstruments 2022-05-31 08217755 d:CurrentFinancialInstruments d:WithinOneYear 2023-01-31 08217755 d:CurrentFinancialInstruments d:WithinOneYear 2022-05-31 08217755 d:ShareCapital 2023-01-31 08217755 d:ShareCapital 2022-05-31 08217755 d:RetainedEarningsAccumulatedLosses 2023-01-31 08217755 d:RetainedEarningsAccumulatedLosses 2022-05-31 08217755 c:FRS102 2022-06-01 2023-01-31 08217755 c:Audited 2022-06-01 2023-01-31 08217755 c:FullAccounts 2022-06-01 2023-01-31 08217755 c:PrivateLimitedCompanyLtd 2022-06-01 2023-01-31 08217755 c:SmallCompaniesRegimeForAccounts 2022-06-01 2023-01-31 08217755 2 2022-06-01 2023-01-31 iso4217:GBP xbrli:pure

Registered number: 08217755










4G VOICE AND DATA LIMITED










FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE PERIOD ENDED 31 JANUARY 2023

 
4G VOICE AND DATA LIMITED
REGISTERED NUMBER: 08217755

STATEMENT OF FINANCIAL POSITION
AS AT 31 JANUARY 2023

31 January
Unaudited
31 May
2023
2022
Note
£
£

  

Current assets
  

Debtors: amounts falling due within one year
 4 
46,539
31,610

Cash at bank and in hand
  
27,317
99,016

  
73,856
130,626

Creditors: amounts falling due within one year
 5 
(46,487)
(54,934)

Net current assets
  
 
 
27,369
 
 
75,692

Total assets less current liabilities
  
27,369
75,692

  

Net assets
  
27,369
75,692


Capital and reserves
  

Called up share capital 
  
4
4

Profit and loss account
  
27,365
75,688

  
27,369
75,692


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 26 October 2023.




R. Stephenson-Brown
Director

The notes on pages 2 to 5 form part of these financial statements.

Page 1

 
4G VOICE AND DATA LIMITED
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 JANUARY 2023

1.


General information

The principal activity of the company during the year under review was telecommunication activities. The company is a private company limited by shares, which is incorporated and registered in England and Wales (no. 08217755). The address of the registered office is Evolveodm, 1 Smithy Court, Smithy Brook Road, Wigan, England, WN3 6PS.

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 financial statements are prepared in sterling, which is the functional currency of the entity

The comparative information in the accounts is unaudited as the company applied their entitlement to exemption from audit in the year ended 31st May 2022.

The following principal accounting policies have been applied:

  
2.2

Reporting period

The current accounting period has been shortened to eight months to align with the year-end of other group companies. As such the comparative amounts presented in the financial statements (including the related notes) are not entirely comparable.

 
2.3

Going concern

The financial statements have been prepared on the basis that the company can continue to operate
as a going concern.
The directors are of the opinion, based on forecasts prepared, that the company has adequate
working capital to execute its operations over the next 12 months, from the date of approval of the
accounts, and comply with the terms and conditions of its bank facilities.
Having regard to the above, the Directors believe it appropriate to adopt the going concern basis of
accounting in preparing the financial statements.

Page 2

 
4G VOICE AND DATA LIMITED
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 JANUARY 2023

2.Accounting policies (continued)

 
2.4

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.

 
2.5

Interest income

Interest income is recognised in the Statement of Income and Retained Earnings using the effective interest method.

 
2.6

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.

 
2.7

Financial instruments

The Company only enters into basic financial instrument transactions that result in the recognition of financial assets and liabilities like trade and other debtors and creditors, loans from banks and other third parties, loans to related parties and investments in ordinary shares.

Debt instruments (other than those wholly repayable or receivable within one year), including loans and other accounts receivable and payable, are initially measured at present value of the future cash flows and subsequently at amortised cost using the effective interest method. Debt instruments that are payable or receivable within one year, typically trade debtors and creditors, are measured, initially and subsequently, at the undiscounted amount of the cash or other consideration expected to be paid or received. However, if the arrangements of a short-term instrument constitute a financing transaction, like the payment of a trade debt deferred beyond normal business terms or in case of an out-right short-term loan that is not at market rate, the financial asset or liability is measured, initially at the present value of future cash flows discounted at a market rate of interest for a similar debt instrument and subsequently at amortised cost, unless it qualifies as a loan from a director in the case of a small company, or a public benefit entity concessionary loan.

Financial assets that are measured at cost and amortised cost are assessed at the end of each reporting period for objective evidence of impairment. If objective evidence of impairment is found, an impairment loss is recognised in the Statement of Income and Retained Earnings.

Page 3

 
4G VOICE AND DATA LIMITED
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 JANUARY 2023

2.Accounting policies (continued)

 
2.8

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.


Judgments in applying accounting policies and key sources of estimation uncertainty

The preparation of the financial statements requires management to make judgements, estimates and assumptions that affect the amounts reported for assets and liabilities as at the date of the statement of financial position and the amounts reported for revenues and expenses during the year. However, the nature of estimation means that actual outcomes could differ from those estimates. Details of these judgements are set out in the accounting policies.
There are no key estimates or assumptions which have been identfied as having a heightened risk of causing a material adjustment to the carrying amount of assets and liabilities.


4.


Debtors

31 January
Unaudited
31 May
2023
2022
£
£


Trade debtors
3,895
9,351

Amounts owed by related undertakings
15,229
-

Prepayments and accrued income
27,415
22,259

46,539
31,610



5.


Creditors: Amounts falling due within one year

31 January
Unaudited 
31 May
2023
2022
£
£

Trade creditors
28
2,597

Corporation tax
17,787
14,299

Other taxation and social security
12,344
11,387

Loan from directors
2,070
1,551

Accruals and deferred income
14,258
25,100

46,487
54,934


Page 4

 
4G VOICE AND DATA LIMITED
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 JANUARY 2023

6.


Related party transactions

During the year, the company made a payment of £15,229 (31 May 2022 - £Nil (unaudited)) on behalf of an associated company. The net balance receivable from the associated company at the period-end was £15,229 (31 May 2022 - £Nil (unaudited)).


7.


Controlling party

During the period, on 5 December 2022, the share capital of the company was acquired by Evolve B G Limited, the company's immediate parent undertaking. Evolve B G Limited is a company incorporated in England and Wales. Copies of the consolidated financial statements of Evolve B G Limited can be obtained from Evolveodm, 1 Smithy Court, Smithy Brook Road, Wigan, England, WN3 6PS.
 
There is no single ultimate controlling party.


8.


Auditors' information

The auditors' report on the financial statements for the period ended 31 January 2023 was unqualified.

The audit report was signed on 26 October 2023 by Ross Preston, CA (Senior Statutory Auditor) on behalf of Sagars Accountants Ltd.


Page 5