Caseware UK (AP4) 2023.0.135 2023.0.135 2023-10-312023-10-31false2022-11-01No description of principal activity00truetrue 04485978 2022-11-01 2023-10-31 04485978 2021-11-01 2022-10-31 04485978 2023-10-31 04485978 2022-10-31 04485978 c:CompanySecretary1 2022-11-01 2023-10-31 04485978 c:Director2 2022-11-01 2023-10-31 04485978 c:RegisteredOffice 2022-11-01 2023-10-31 04485978 d:CurrentFinancialInstruments 2023-10-31 04485978 d:CurrentFinancialInstruments 2022-10-31 04485978 d:CurrentFinancialInstruments d:WithinOneYear 2023-10-31 04485978 d:CurrentFinancialInstruments d:WithinOneYear 2022-10-31 04485978 d:ShareCapital 2023-10-31 04485978 d:ShareCapital 2022-10-31 04485978 d:RetainedEarningsAccumulatedLosses 2023-10-31 04485978 d:RetainedEarningsAccumulatedLosses 2022-10-31 04485978 c:FRS102 2022-11-01 2023-10-31 04485978 c:Audited 2022-11-01 2023-10-31 04485978 c:FullAccounts 2022-11-01 2023-10-31 04485978 c:PrivateLimitedCompanyLtd 2022-11-01 2023-10-31 04485978 c:SmallCompaniesRegimeForAccounts 2022-11-01 2023-10-31 04485978 2 2022-11-01 2023-10-31 iso4217:GBP xbrli:pure
Company registration number: 04485978







FINANCIAL STATEMENTS
FOR THE YEAR ENDED
31 OCTOBER 2023


ENGHOUSE DEVELOPMENT (UK) LIMITED






































img59db.png                        

 


ENGHOUSE DEVELOPMENT (UK) LIMITED
 


 
COMPANY INFORMATION


Director
R Medved 




Company secretary
I R Cornes



Registered number
04485978



Registered office
Imperium
Imperial Way

Reading

Berkshire

RG2 0TD




Independent auditors
Menzies LLP
Chartered Accountants & Statutory Auditor

Magna House

18-32 London Road

Staines-Upon-Thames

TW18 4BP





 


ENGHOUSE DEVELOPMENT (UK) LIMITED
 



CONTENTS



Page
Statement of Financial Position
1
Notes to the Financial Statements
2 - 4


 


ENGHOUSE DEVELOPMENT (UK) LIMITED
REGISTERED NUMBER:04485978



STATEMENT OF FINANCIAL POSITION
AS AT 31 OCTOBER 2023

2023
2022
Note
£
£

  

Current assets
  

Debtors: amounts falling due within one year
 4 
5,615,158
4,088,706

Cash at bank and in hand
  
218,992
297,352

  
5,834,150
4,386,058

Creditors: amounts falling due within one year
 5 
(112,136)
(19,373)

Net current assets
  
 
 
5,722,014
 
 
4,366,685

Total assets less current liabilities
  
5,722,014
4,366,685

  

Net assets
  
5,722,014
4,366,685


Capital and reserves
  

Called up share capital 
  
1
1

Profit and loss account
  
5,722,013
4,366,684

  
5,722,014
4,366,685


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 by: 




................................................
R Medved
Director

Date: 25 July 2024

The notes on pages 2 to 4 form part of these financial statements.

Page 1

 


ENGHOUSE DEVELOPMENT (UK) LIMITED
 


 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2023

1.


General information

Enghouse Development (UK) Limited is a private company, limited by shares, registered in England and Wales. The address of its registered office and principal place of business is disclosed on the company information page.

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

Foreign currency translation

Functional and presentation currency

The company's functional currency is GBP, rounded to the nearest pound. 

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'.

 
2.3

Other Income

Other income represents royalties receivable from other group members.

 
2.4

Interest income

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

Page 2

 


ENGHOUSE DEVELOPMENT (UK) LIMITED
 


 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 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 reporting 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 reporting 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 reporting date.

 
2.6

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.


3.


Employees

There were no employees during the year (2022 - none). 

Page 3

 


ENGHOUSE DEVELOPMENT (UK) LIMITED
 


 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2023

4.


Debtors

2023
2022
£
£


Amounts owed by group undertakings
5,607,299
4,079,122

Deferred taxation
7,859
9,584

5,615,158
4,088,706



5.


Creditors: Amounts falling due within one year

2023
2022
£
£

Corporation tax
112,136
19,373

112,136
19,373



6.


Contingent liabilities

An unlimited guarantee has been given in favour of Barclays Bank PLC in respect of this company, CTI Billing Solutions Limited, CTI Data Solutions Limited, Enghouse Interactive UK Limited, Enghouse Holdings (UK) Limited, Enghouse Networks (UK) Limited, Enghouse Interactive Holdings (UK) Limited and Tollgrade UK Limited.


7.


Parent Company

Enghouse Systems Limited, a company incorporated in Canada, is the parent company of the smallest group for which consolidated financial statements are drawn up of which the company is a member. The parent company's registered office is 80 Tiverton Court, Suite 800 Markham, ON L3R 0G4. 


8.


Auditors' information

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

The audit report was signed on 25 July 2024 by Andrew Cook FCA (Senior Statutory Auditor) on behalf of Menzies LLP.

 
Page 4