Caseware UK (AP4) 2023.0.135 2023.0.135 2023-10-312023-10-3113No description of principal activity2022-11-01false12truetrue 02017909 2022-11-01 2023-10-31 02017909 2021-11-01 2022-10-31 02017909 2023-10-31 02017909 2022-10-31 02017909 c:CompanySecretary1 2022-11-01 2023-10-31 02017909 c:Director1 2022-11-01 2023-10-31 02017909 c:RegisteredOffice 2022-11-01 2023-10-31 02017909 d:Buildings d:ShortLeaseholdAssets 2022-11-01 2023-10-31 02017909 d:Buildings d:ShortLeaseholdAssets 2023-10-31 02017909 d:Buildings d:ShortLeaseholdAssets 2022-10-31 02017909 d:PlantMachinery 2022-11-01 2023-10-31 02017909 d:PlantMachinery 2023-10-31 02017909 d:PlantMachinery 2022-10-31 02017909 d:PlantMachinery d:OwnedOrFreeholdAssets 2022-11-01 2023-10-31 02017909 d:OwnedOrFreeholdAssets 2022-11-01 2023-10-31 02017909 d:CurrentFinancialInstruments 2023-10-31 02017909 d:CurrentFinancialInstruments 2022-10-31 02017909 d:CurrentFinancialInstruments d:WithinOneYear 2023-10-31 02017909 d:CurrentFinancialInstruments d:WithinOneYear 2022-10-31 02017909 d:ShareCapital 2023-10-31 02017909 d:ShareCapital 2022-10-31 02017909 d:RetainedEarningsAccumulatedLosses 2023-10-31 02017909 d:RetainedEarningsAccumulatedLosses 2022-10-31 02017909 c:FRS102 2022-11-01 2023-10-31 02017909 c:Audited 2022-11-01 2023-10-31 02017909 c:FullAccounts 2022-11-01 2023-10-31 02017909 c:PrivateLimitedCompanyLtd 2022-11-01 2023-10-31 02017909 d:WithinOneYear 2023-10-31 02017909 d:WithinOneYear 2022-10-31 02017909 d:BetweenOneFiveYears 2023-10-31 02017909 d:BetweenOneFiveYears 2022-10-31 02017909 c:SmallCompaniesRegimeForAccounts 2022-11-01 2023-10-31 iso4217:GBP xbrli:pure
Company registration number: 02017909







FINANCIAL STATEMENTS
FOR THE YEAR ENDED
31 OCTOBER 2023


DIALOGIC (UK) LIMITED






































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DIALOGIC (UK) LIMITED
 


 
COMPANY INFORMATION


Director
R Medved 




Company secretary
I R Cornes



Registered number
02017909



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





 


DIALOGIC (UK) LIMITED
 



CONTENTS



Page
Statement of financial position
1
Notes to the financial statements
2 - 6


 


DIALOGIC (UK) LIMITED
REGISTERED NUMBER:02017909



STATEMENT OF FINANCIAL POSITION
AS AT 31 OCTOBER 2023

2023
2022
Note
£
£

Fixed assets
  

Tangible assets
 4 
17,699
24,900

  
17,699
24,900

Current assets
  

Debtors: amounts falling due within one year
 5 
1,801,888
3,416,793

Cash at bank and in hand
  
1,161,696
386,563

  
2,963,584
3,803,356

Creditors: amounts falling due within one year
 6 
(322,532)
(1,235,105)

Net current assets
  
 
 
2,641,052
 
 
2,568,251

Total assets less current liabilities
  
2,658,751
2,593,151

  

Net assets
  
2,658,751
2,593,151


Capital and reserves
  

Called up share capital 
  
2
2

Profit and loss account
  
2,658,749
2,593,149

  
2,658,751
2,593,151


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 6 form part of these financial statements.

Page 1

 


DIALOGIC (UK) LIMITED
 


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

1.


General information

Dialogic (UK) Limited is a private company limited by shares, registered in England & 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 and presentational currency is GBP.

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

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.
Turnover from contracts to provide sales and marketing services to group companies is recognised in which the period in which the services are provided. Turnover is recognised to the extent that it is probable that the company will receive the consideration due under the contract and the amount of turnover can be measured reliably. Turnover is measured as the fair value of the consideration received or receivable, excluding Value Added Tax.

Page 2

 


DIALOGIC (UK) LIMITED
 


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

2.Accounting policies (continued)

 
2.4

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.

 
2.5

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.

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:

Short-term leasehold property
-
Over period of lease
Plant and machinery
-
33% and 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.

 
2.6

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.

Page 3

 


DIALOGIC (UK) LIMITED
 


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

3.


Employees

The average number of employees during the year was 12 (2022 -13).


4.


Tangible fixed assets





Short-term leasehold property
Plant and machinery
Total

£
£
£



Cost or valuation


At 1 November 2022
13,041
42,536
55,577


Additions
-
5,049
5,049



At 31 October 2023

13,041
47,585
60,626



Depreciation


At 1 November 2022
4,347
26,330
30,677


Charge for the year on owned assets
2,174
10,076
12,250



At 31 October 2023

6,521
36,406
42,927



Net book value



At 31 October 2023
6,520
11,179
17,699



At 31 October 2022
8,694
16,206
24,900

Page 4

 


DIALOGIC (UK) LIMITED
 


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

5.


Debtors

2023
2022
£
£


Amounts owed by group undertakings
1,742,160
3,078,834

Other debtors
11,607
37,562

Prepayments and accrued income
18,711
270,987

Deferred taxation
29,410
29,410

1,801,888
3,416,793



6.


Creditors: Amounts falling due within one year

2023
2022
£
£

Trade creditors
9,522
8,435

Amounts owed to group undertakings
144,429
749,276

Corporation tax
-
29,258

Accruals and deferred income
168,581
448,136

322,532
1,235,105



7.


Commitments under operating leases

At 31 October 2023 the company had future minimum lease payments due under non-cancellable operating leases for each of the following periods:

2023
2022
£
£


Not later than 1 year
10,000
10,000

Later than 1 year and not later than 5 years
-
10,000

10,000
20,000


8.


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. 

Page 5

 


DIALOGIC (UK) LIMITED
 


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

9.


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 6