Caseware UK (AP4) 2022.0.179 2022.0.179 2023-03-312023-03-312022-04-01falseNo description of principal activity22truetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. 04463025 2022-04-01 2023-03-31 04463025 2021-04-01 2022-03-31 04463025 2023-03-31 04463025 2022-03-31 04463025 c:Director1 2022-04-01 2023-03-31 04463025 c:Director2 2022-04-01 2023-03-31 04463025 d:PlantMachinery 2022-04-01 2023-03-31 04463025 d:PlantMachinery 2023-03-31 04463025 d:PlantMachinery 2022-03-31 04463025 d:PlantMachinery d:OwnedOrFreeholdAssets 2022-04-01 2023-03-31 04463025 d:CurrentFinancialInstruments 2023-03-31 04463025 d:CurrentFinancialInstruments 2022-03-31 04463025 d:CurrentFinancialInstruments d:WithinOneYear 2023-03-31 04463025 d:CurrentFinancialInstruments d:WithinOneYear 2022-03-31 04463025 d:ShareCapital 2023-03-31 04463025 d:ShareCapital 2022-03-31 04463025 d:RetainedEarningsAccumulatedLosses 2023-03-31 04463025 d:RetainedEarningsAccumulatedLosses 2022-03-31 04463025 c:FRS102 2022-04-01 2023-03-31 04463025 c:AuditExempt-NoAccountantsReport 2022-04-01 2023-03-31 04463025 c:FullAccounts 2022-04-01 2023-03-31 04463025 c:PrivateLimitedCompanyLtd 2022-04-01 2023-03-31 04463025 2 2022-04-01 2023-03-31 iso4217:GBP xbrli:pure

Registered number: 04463025









ECOM - MISSION LIMITED







UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 31 MARCH 2023

 
ECOM - MISSION LIMITED
REGISTERED NUMBER: 04463025

STATEMENT OF FINANCIAL POSITION
AS AT 31 MARCH 2023

2023
2022
Note
£
£

Fixed assets
  

Tangible assets
 4 
14,981
10,387

  
14,981
10,387

Current assets
  

Debtors: amounts falling due within one year
 5 
1,041,469
1,093,202

Cash at bank and in hand
  
1,053,166
467,793

  
2,094,635
1,560,995

Creditors: amounts falling due within one year
 6 
(929,877)
(721,018)

Net current assets
  
 
 
1,164,758
 
 
839,977

Total assets less current liabilities
  
1,179,739
850,364

  

Net assets
  
1,179,739
850,364


Capital and reserves
  

Called up share capital 
  
100
100

Profit and loss account
  
1,179,639
850,264

  
1,179,739
850,364


Page 1

 
ECOM - MISSION LIMITED
REGISTERED NUMBER: 04463025
    
STATEMENT OF FINANCIAL POSITION (CONTINUED)
AS AT 31 MARCH 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 statement of comprehensive income 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 by: 




P F Ryan
J Jethwa
Director
Director
Date: 13 March 2024

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

Page 2

 
ECOM - MISSION LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2023

1.


General information

Ecom-Mission Limited is a private company limited by shares and incorporated in England and Wales (registered number 04463025). The registered office address is at St Albans House, 57-59 Haymarket, St James's, London, SW1Y 4QX.
The financial statements are presented in Sterling, which is the functional currency of the Company.

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

In assessing the ability of the company to operate as a going concern, management have evaluated current and forecasted operational results, and the solvency of the company. Given that the company is in a net asset position the directors consider it appropriate to prepare the financial statements on a going concern basis. 

 
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.
Page 3

 
ECOM - MISSION LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2023

2.Accounting policies (continued)

 
2.4

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:

Plant and machinery
-
15%

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.

 
2.5

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.

 
2.6

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.

 
2.7

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.

 
2.8

Interest income

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

Page 4

 
ECOM - MISSION LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2023

2.Accounting policies (continued)

 
2.9

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.


3.


Employees

The average monthly number of employees, including directors, during the year was 2 (2022 - 2).


4.


Tangible fixed assets





Plant and machinery

£



Cost or valuation


At 1 April 2022
33,984


Additions
7,237



At 31 March 2023

41,221



Depreciation


At 1 April 2022
23,597


Charge for the year on owned assets
2,643



At 31 March 2023

26,240



Net book value



At 31 March 2023
14,981



At 31 March 2022
10,387

Page 5

 
ECOM - MISSION LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2023

5.


Debtors

2023
2022
£
£


Trade debtors
549,607
498,015

Other debtors
438,745
563,907

Tax recoverable
53,117
31,280

1,041,469
1,093,202



6.


Creditors: Amounts falling due within one year

2023
2022
£
£

Trade creditors
568,833
187,639

Corporation tax
75,640
-

Other creditors
105,404
481,039

Accruals and deferred income
180,000
52,340

929,877
721,018


 
Page 6