Caseware UK (AP4) 2023.0.135 2023.0.135 2023-12-312023-12-31falsetrue2023-01-01providing marketing, promotion, advisory and intermediary services.13trueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. 12526562 2023-01-01 2023-12-31 12526562 2022-01-01 2022-12-31 12526562 2023-12-31 12526562 2022-12-31 12526562 c:Director2 2023-01-01 2023-12-31 12526562 d:Buildings d:ShortLeaseholdAssets 2023-01-01 2023-12-31 12526562 d:Buildings d:ShortLeaseholdAssets 2023-12-31 12526562 d:Buildings d:ShortLeaseholdAssets 2022-12-31 12526562 d:ComputerEquipment 2023-01-01 2023-12-31 12526562 d:ComputerEquipment 2023-12-31 12526562 d:ComputerEquipment 2022-12-31 12526562 d:ComputerEquipment d:OwnedOrFreeholdAssets 2023-01-01 2023-12-31 12526562 d:OwnedOrFreeholdAssets 2023-01-01 2023-12-31 12526562 d:CurrentFinancialInstruments 2023-12-31 12526562 d:CurrentFinancialInstruments 2022-12-31 12526562 d:CurrentFinancialInstruments d:WithinOneYear 2023-12-31 12526562 d:CurrentFinancialInstruments d:WithinOneYear 2022-12-31 12526562 d:ShareCapital 2023-12-31 12526562 d:ShareCapital 2022-12-31 12526562 d:RetainedEarningsAccumulatedLosses 2023-12-31 12526562 d:RetainedEarningsAccumulatedLosses 2022-12-31 12526562 d:FinancialAssetsDesignatedFairValueThroughProfitOrLoss 2023-12-31 12526562 d:FinancialAssetsDesignatedFairValueThroughProfitOrLoss 2022-12-31 12526562 d:AcceleratedTaxDepreciationDeferredTax 2023-12-31 12526562 d:AcceleratedTaxDepreciationDeferredTax 2022-12-31 12526562 c:OrdinaryShareClass1 2023-01-01 2023-12-31 12526562 c:OrdinaryShareClass1 2023-12-31 12526562 c:OrdinaryShareClass1 2022-12-31 12526562 c:FRS102 2023-01-01 2023-12-31 12526562 c:AuditExempt-NoAccountantsReport 2023-01-01 2023-12-31 12526562 c:FullAccounts 2023-01-01 2023-12-31 12526562 c:PrivateLimitedCompanyLtd 2023-01-01 2023-12-31 12526562 d:WithinOneYear 2023-12-31 12526562 d:WithinOneYear 2022-12-31 12526562 2 2023-01-01 2023-12-31 xbrli:shares iso4217:GBP xbrli:pure

Registered number: 12526562









EXPA SERVICES UK LIMITED







UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 31 DECEMBER 2023

 
EXPA SERVICES UK LIMITED
 

CONTENTS



Page
Balance Sheet
 
1 - 2
Notes to the Financial Statements
 
3 - 8


 
EXPA SERVICES UK LIMITED
REGISTERED NUMBER: 12526562

BALANCE SHEET
AS AT 31 DECEMBER 2023

2023
2022
Note
£
£

Fixed assets
  

Tangible assets
 4 
-
24,137

  
-
24,137

Current assets
  

Debtors: amounts falling due within one year
 5 
787,635
314,071

Cash at bank and in hand
 6 
151,553
323,371

  
939,188
637,442

Creditors: amounts falling due within one year
 7 
(550,907)
(309,959)

Net current assets
  
 
 
388,281
 
 
327,483

Total assets less current liabilities
  
388,281
351,620

Provisions for liabilities
  

Deferred tax
 9 
-
(6,034)

  
 
 
-
 
 
(6,034)

Net assets
  
388,281
345,586


Capital and reserves
  

Called up share capital 
 10 
1
1

Profit and loss account
  
388,280
345,585

  
388,281
345,586


Page 1

 
EXPA SERVICES UK LIMITED
REGISTERED NUMBER: 12526562
    
BALANCE SHEET (CONTINUED)
AS AT 31 DECEMBER 2023

The director considers 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 director acknowledges his 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 profit and loss account in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved, authorised and signed by: 

................................................
R Sanabria
Director

Date: 9 August 2024

The notes on pages 3 to 8 form part of these financial statements.

Page 2

 
EXPA SERVICES UK LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023

1.


General information

Expa Services UK Limited ("the company") is a private company, limited by shares, incorporated in England and Wales with registration number of 12526562. The registered office is C/o Winckworth Sherwood,  Arbor C/o Winckworth Sherwood, Arbor, 255 Blackfriars Road, London, SE1 9AX.

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

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.

 
2.3

Operating leases: the company as lessee

Rentals paid under operating leases are charged to profit or loss on a straight-line basis over the lease term.

Benefits received and receivable as an incentive to sign an operating lease are recognised on a straight-line basis over the lease term, unless another systematic basis is representative of the time pattern of the lessee's benefit from the use of the leased asset.

 
2.4

Leased assets: the company as lessor

Income derived from assets leased to a third party is recognised to the profit and loss account over the lease term. 

 
2.5

Interest income

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

Page 3

 
EXPA SERVICES UK LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023

2.Accounting policies (continued)

 
2.6

Pensions

Defined contribution pension plan
The company operates a defined contribution plan for its employees. A defined contribution plan is a pension plan under which the company pays fixed contributions into a separate entity. Once the contributions have been paid the company has no further payment obligations.
The contributions are recognised as an expense in profit or loss when they fall due. Amounts not paid are shown in accruals as a liability in the Balance Sheet. The assets of the plan are held separately from the company in independently administered funds.

 
2.7

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 balance sheet 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 balance sheet 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 balance sheet date.

 
2.8

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.

Page 4

 
EXPA SERVICES UK LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023

2.Accounting policies (continued)


2.8
Tangible fixed assets (continued)

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
-
Lower of useful economic life and lease term - 3 years
Computer 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.

 
2.9

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.

 
2.10

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.

 
2.11

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.

 
2.12

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.

  
2.13

Related party transaction exemption

The company has taken advantage of the exemption within Financial Reporting Standard 102 -Section 1A, in respect of disclosure of transactions with the parent company, on the grounds that the company is a wholly owned subsidiary.

Page 5

 
EXPA SERVICES UK LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023

3.


Employees

The average monthly number of employees, including non-payrolled director, during the year was 1 (2022 - 3).


4.


Tangible fixed assets





Short-term leasehold property improvements
Computer equipment
Total

£
£
£



Cost 


At 1 January 2023
28,789
1,135
29,924


Disposals
(28,789)
(1,135)
(29,924)



At 31 December 2023

-
-
-





At 1 January 2023
5,692
95
5,787


Charge for the year on owned assets
7,197
378
7,575


Disposals
(12,889)
(473)
(13,362)



At 31 December 2023

-
-
-



Net book value



At 31 December 2023
-
-
-



At 31 December 2022
23,097
1,040
24,137

Page 6

 
EXPA SERVICES UK LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023

5.


Debtors

2023
2022
£
£


Other debtors
153,740
148,247

Prepayments and accrued income
633,895
165,824

787,635
314,071



6.


Cash and cash equivalents

2023
2022
£
£

Cash at bank and in hand
151,553
323,371



7.


Creditors: Amounts falling due within one year

2023
2022
£
£

Trade creditors
45,554
4,768

Amounts owed to group undertakings
463,344
187,944

Corporation tax
22,155
32,193

Other taxation and social security
-
43,779

Other creditors
8,578
971

Accruals and deferred income
11,276
40,304

550,907
309,959



8.


Financial instruments

2023
2022
£
£

Financial assets


Financial assets measured at fair value through profit or loss
151,553
323,371




Financial assets measured at fair value through profit or loss comprise cash at bank and in hand.

Page 7

 
EXPA SERVICES UK LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023

9.


Deferred taxation




2023


£






At beginning of year
(6,034)


Charged to profit or loss
6,034



At end of year
-

The deferred taxation balance is made up as follows:

2023
2022
£
£


Accelerated capital allowances
-
(6,034)

-
(6,034)


10.


Share capital

2023
2022
£
£
Allotted, called up and fully paid



100 (2022 - 100) Ordinary shares of £0.01 each
1
1



11.


Pension commitments

The company operated a defined contribution pension scheme. The assets of the scheme were held separately from those of the company in an independently administered fund. The pension cost charge represents contributions payable by the company to the fund and amounted to £Nil (2022 - £20,963). Contributions totalling £Nil (2022 - £908) were payable to the fund at the balance sheet date. 


12.


Commitments under operating leases

At 31 December 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
-
124,979

 
Page 8