Caseware UK (AP4) 2022.0.179 2022.0.179 2023-03-312023-03-31No description of principal activitytruetruetruetruetrue2022-04-01false11truetrue 02959076 2022-04-01 2023-03-31 02959076 2021-04-01 2022-03-31 02959076 2023-03-31 02959076 2022-03-31 02959076 c:Director1 2022-04-01 2023-03-31 02959076 d:Buildings d:ShortLeaseholdAssets 2022-04-01 2023-03-31 02959076 d:Buildings d:ShortLeaseholdAssets 2023-03-31 02959076 d:Buildings d:ShortLeaseholdAssets 2022-03-31 02959076 d:FurnitureFittings 2022-04-01 2023-03-31 02959076 d:FurnitureFittings 2023-03-31 02959076 d:FurnitureFittings 2022-03-31 02959076 d:OfficeEquipment 2022-04-01 2023-03-31 02959076 d:OfficeEquipment 2023-03-31 02959076 d:OfficeEquipment 2022-03-31 02959076 d:CurrentFinancialInstruments 2023-03-31 02959076 d:CurrentFinancialInstruments 2022-03-31 02959076 d:CurrentFinancialInstruments d:WithinOneYear 2023-03-31 02959076 d:CurrentFinancialInstruments d:WithinOneYear 2022-03-31 02959076 d:ShareCapital 2023-03-31 02959076 d:ShareCapital 2022-03-31 02959076 d:RetainedEarningsAccumulatedLosses 2022-04-01 2023-03-31 02959076 d:RetainedEarningsAccumulatedLosses 2023-03-31 02959076 d:RetainedEarningsAccumulatedLosses 2022-03-31 02959076 c:OrdinaryShareClass1 2022-04-01 2023-03-31 02959076 c:OrdinaryShareClass1 2023-03-31 02959076 c:OrdinaryShareClass1 2022-03-31 02959076 c:FRS102 2022-04-01 2023-03-31 02959076 c:Audited 2022-04-01 2023-03-31 02959076 c:FullAccounts 2022-04-01 2023-03-31 02959076 c:PrivateLimitedCompanyLtd 2022-04-01 2023-03-31 02959076 c:SmallCompaniesRegimeForAccounts 2022-04-01 2023-03-31 xbrli:shares iso4217:GBP xbrli:pure

Registered number: 02959076









IDM MEMBERSHIP LTD









FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2023

 
IDM MEMBERSHIP LTD
REGISTERED NUMBER: 02959076

STATEMENT OF FINANCIAL POSITION
AS AT 31 MARCH 2023

2023
2022
Note
£
£

  

Current assets
  

Debtors: amounts falling due within one year
 5 
-
240

Cash at bank and in hand
 6 
37,997
160,736

  
37,997
160,976

Creditors: amounts falling due within one year
 7 
(79,689)
(202,668)

Net current liabilities
  
 
 
(41,692)
 
 
(41,692)

Total assets less current liabilities
  
(41,692)
(41,692)

  

Net liabilities
  
(41,692)
(41,692)


Capital and reserves
  

Called up share capital 
 8 
100
100

Profit and loss account
 9 
(41,792)
(41,792)

  
(41,692)
(41,692)


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 12 March 2024.




C P Combemale
Director

The notes on pages 2 to 6 form part of these financial statements.

Page 1

 
IDM MEMBERSHIP LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2023

1.


General information

IDM Membership Limited is a private company limited by shares incorporated in England & Wales under the Companies Act. The address of the registered office is Lynton House, 7-12 Tavistock Square, London, WC1H 9LT. The nature of the company's operations and its principal activities are set out in the directors' report.

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

Financial Reporting Standard 102 - reduced disclosure exemptions

The Company has taken advantage of the following disclosure exemptions in preparing these financial statements, as permitted by the FRS 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland":
the requirements of Section 7 Statement of Cash Flows;
the requirements of Section 3 Financial Statement Presentation paragraph 3.17(d);
the requirements of Section 11 Financial Instruments paragraphs 11.42, 11.44 to 11.45, 11.47, 11.48(a)(iii), 11.48(a)(iv), 11.48(b) and 11.48(c);
the requirements of Section 12 Other Financial Instruments paragraphs 12.26 to 12.27, 12.29(a), 12.29(b) and 12.29A;
the requirements of Section 33 Related Party Disclosures paragraph 33.7.

This information is included in the consolidated financial statements of Data and Marketing Association Limited as at 31 March 2023 and these financial statements may be obtained from Companies House.

 
2.3

Going concern

The directors have considered the ability of the Company to continue as a Going Concern. In making their assessment the directors have prepared and critically reviewed the Company's cash flow forecast for the next 12 months and ensured that this forecast is modelled on a suitably cautious basis. Further information on the future outlook of the business can be seen in the commentary provided in the Strategic, Chairman’s and CEO’s reports included within the Group’s consolidated financial statements.

Page 2

 
IDM MEMBERSHIP LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 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

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.

At each reporting date the Company assesses whether there is any indication of impairment. If such indication exists, the recoverable amount of the asset is determined which is the higher of its fair value less costs to sell and its value in use. An impairment loss is recognised where the carrying amount exceeds the recoverable amount.

Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, using the straight-line method.

Depreciation is provided on the following basis:

Leasehold improvements
-
10 years
Fixtures and fittings
-
5 years
Office equipment
-
3 years

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.

Page 3

 
IDM MEMBERSHIP LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2023

2.Accounting policies (continued)

 
2.6

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.

 
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

Financial instruments

Basic financial assets

Basic financial assets, which include trade and other receivables, cash and bank balances, are initially measured at their transaction price including transaction costs and are subsequently carried at their amortised cost using the effective interest method, less any provision for impairment, unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest.

Discounting is omitted where the effect of discounting is immaterial. The Company's cash and cash equivalents, trade and most other receivables due with the operating cycle fall into this category of financial instruments.

Financial liabilities

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instruments any contract that evidences a residual interest in the assets of the Company after the deduction of all its liabilities.

Basic financial liabilities, which include trade and other payables, bank loans and other loans are initially measured at their transaction price after transaction costs. When this constitutes a financing transaction, whereby the debt instrument is measured at the present value of the future receipts discounted at a market rate of interest. Discounting is omitted where the effect of discounting is immaterial.

Debt instruments are subsequently carried at their amortised cost using the effective interest rate method.

Trade payables are obligations to pay for goods and services that have been acquired in the ordinary course of business from suppliers. Trade payables are classified as current liabilities if the payment is due within one year. If not, they represent non-current liabilities. Trade payables are initially recognised at their transaction price and subsequently are measured at amortised cost using the effective interest method. Discounting is omitted where the effect of discounting is immaterial.


3.


Employees

The average monthly number of employees, including directors, during the year was 1 (2022 - 1).

Page 4

 
IDM MEMBERSHIP LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2023

4.


Tangible fixed assets





Short-term leasehold property
Fixtures and fittings
Office equipment
Total

£
£
£
£





At 1 April 2022
8,411
3,117
2,279
13,807


Disposals
(8,411)
(3,117)
(2,279)
(13,807)



At 31 March 2023

-
-
-
-





At 1 April 2022
8,411
3,117
2,279
13,807


Disposals
(8,411)
(3,117)
(2,279)
(13,807)



At 31 March 2023

-
-
-
-



Net book value



At 31 March 2023
-
-
-
-



At 31 March 2022
-
-
-
-


5.


Debtors

2023
2022
£
£


Trade debtors
-
240



6.


Cash and cash equivalents

2023
2022
£
£

Cash at bank and in hand
37,997
160,736


Page 5

 
IDM MEMBERSHIP LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2023

7.


Creditors: Amounts falling due within one year

2023
2022
£
£

Trade creditors
-
158

Amounts owed to group undertakings
59,205
177,376

Other creditors
-
1,371

Accruals and deferred income
20,484
23,763

79,689
202,668



8.


Share capital

2023
2022
£
£
Allotted, called up and fully paid



100 (2022 - 100) Ordinary shares of £1.00 each
100
100



9.


Reserves

Profit and loss account

This reserve records retained earnings and accumulated losses.


10.


Related party transactions

The company has taken advantage of the exemption conferred by FRS102 not to dislcose transactions with members of the group headed by Data and Marketing Association Limited on the grounds that 100% of the voting rights in the company are controlled within that group and the company is included in the consolidated financial statements.


11.


Controlling party

The Company's share capital is 100% owned by Data and Marketing Association Limited (DMA), a company incorporated in the United Kingdom. Copies of the DMA's financial statements can be obtained from Companies House.


12.


Auditors' information

The auditors' report on the financial statements for the year ended 31 March 2023 was unqualified.

The audit report was signed on 12 March 2024 by Simon Liggins (Senior statutory auditor) on behalf of Barnes Roffe LLP.

Page 6