Caseware UK (AP4) 2023.0.135 2023.0.135 2023-12-312023-12-312023-01-01falseNo description of principal activity22truetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.false 4109834 2023-01-01 2023-12-31 4109834 2022-01-01 2022-12-31 4109834 2023-12-31 4109834 2022-12-31 4109834 c:Director1 2023-01-01 2023-12-31 4109834 d:OfficeEquipment 2023-01-01 2023-12-31 4109834 d:OfficeEquipment 2023-12-31 4109834 d:OfficeEquipment 2022-12-31 4109834 d:OfficeEquipment d:OwnedOrFreeholdAssets 2023-01-01 2023-12-31 4109834 d:CurrentFinancialInstruments 2023-12-31 4109834 d:CurrentFinancialInstruments 2022-12-31 4109834 d:CurrentFinancialInstruments d:WithinOneYear 2023-12-31 4109834 d:CurrentFinancialInstruments d:WithinOneYear 2022-12-31 4109834 d:ShareCapital 2023-12-31 4109834 d:ShareCapital 2022-12-31 4109834 d:RetainedEarningsAccumulatedLosses 2023-12-31 4109834 d:RetainedEarningsAccumulatedLosses 2022-12-31 4109834 c:FRS102 2023-01-01 2023-12-31 4109834 c:AuditExempt-NoAccountantsReport 2023-01-01 2023-12-31 4109834 c:FullAccounts 2023-01-01 2023-12-31 4109834 c:PrivateLimitedCompanyLtd 2023-01-01 2023-12-31 4109834 d:AcceleratedTaxDepreciationDeferredTax 2023-12-31 4109834 d:AcceleratedTaxDepreciationDeferredTax 2022-12-31 4109834 2 2023-01-01 2023-12-31 4109834 e:PoundSterling 2023-01-01 2023-12-31 iso4217:GBP xbrli:pure

Registered number: 4109834









EUREKA MARKETING SOLUTIONS LIMITED







UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 31 DECEMBER 2023

 
EUREKA MARKETING SOLUTIONS LIMITED
REGISTERED NUMBER: 4109834

STATEMENT OF FINANCIAL POSITION
AS AT 31 DECEMBER 2023

2023
2022
Note
£
£

Fixed assets
  

Tangible assets
 4 
1,117
1,589

Current assets
  

Debtors: amounts falling due within one year
 5 
12,173
28,465

Cash at bank and in hand
 6 
7,277
9,067

  
19,450
37,532

Creditors: amounts falling due within one year
 7 
(18,375)
(25,889)

Net current assets
  
 
 
1,075
 
 
11,643

Total assets less current liabilities
  
2,192
13,232

Provisions for liabilities
  

Deferred tax
 8 
(279)
(302)

  
 
 
(279)
 
 
(302)

Net assets
  
1,913
12,930


Capital and reserves
  

Called up share capital 
  
102
102

Profit and loss account
  
1,811
12,828

  
1,913
12,930


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 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 September 2024.

Page 1

 
EUREKA MARKETING SOLUTIONS LIMITED
REGISTERED NUMBER: 4109834
    
STATEMENT OF FINANCIAL POSITION (CONTINUED)
AS AT 31 DECEMBER 2023

H D Scott
Director

The notes on pages 3 to 9 form part of these financial statements.

Page 2

 
EUREKA MARKETING SOLUTIONS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023

1.


General information

Eureka Marketing Solutions Limited  is a private company limited by shares and domiciled in England and Wales The registered office is at Priory House, 45-51 High Street, Reigate, Surrey RH2 9AE.. 

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 FRS 102 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland' and the requirements of the Companies Act 2006. The disclosure requirements of Section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The following principal accounting policies have been applied:

 
2.2

Going concern

The director has considered the financial resources available along with the future plans for the
Company when considering the going concern of the Company. After making enquiries, the director has a reasonable expectation that the company will have access to adequate resources to continue in operational existence for the foreseeable future given the cash balance and net assets. Accordingly, he continues to adopt the going concern basis in the preparation of the financial statements.

Page 3

 
EUREKA MARKETING SOLUTIONS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023

2.Accounting policies (continued)

 
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:

Sale of goods

Revenue from the sale of goods is recognised when all of the following conditions are satisfied:
the Company has transferred the significant risks and rewards of ownership to the buyer;
the Company retains neither continuing managerial involvement to the degree usually associated with ownership nor effective control over the goods sold;
the amount of revenue can be measured reliably;
it is probable that the Company will receive the consideration due under the transaction; and
the costs incurred or to be incurred in respect of the transaction can be measured reliably.

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.

 
2.4

Interest income

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

 
2.5

Finance costs

Finance costs are charged to profit or loss over the term of the debt using the effective interest method so that the amount charged is at a constant rate on the carrying amount. Issue costs are initially recognised as a reduction in the proceeds of the associated capital instrument.

Page 4

 
EUREKA MARKETING SOLUTIONS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023

2.Accounting policies (continued)

 
2.6

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.

 
2.7

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:

Office equipment
-
20%
 straight line

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.

 
2.8

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.

Page 5

 
EUREKA MARKETING SOLUTIONS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023

2.Accounting policies (continued)

 
2.9

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.

 
2.10

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.


3.


Employees

2023
2022
£
£

Wages and salaries
14,479
15,917

Social security costs
21
21

14,500
15,938


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

Page 6

 
EUREKA MARKETING SOLUTIONS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023

4.


Tangible fixed assets





Office equipment

£



Cost or valuation


At 1 January 2023
16,370



At 31 December 2023

16,370



Depreciation


At 1 January 2023
14,781


Charge for the year on owned assets
472



At 31 December 2023

15,253



Net book value



At 31 December 2023
1,117



At 31 December 2022
1,589

Page 7

 
EUREKA MARKETING SOLUTIONS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023

5.


Debtors

2023
2022
£
£


Trade debtors
11,605
24,652

Other debtors
568
604

Prepayments and accrued income
-
3,209

12,173
28,465



6.


Cash and cash equivalents

2023
2022
£
£

Cash at bank and in hand
7,277
9,067



7.


Creditors: Amounts falling due within one year

2023
2022
£
£

Trade creditors
2,462
3,767

Corporation tax
5,804
13,268

Other taxation and social security
-
1,301

Other creditors
310
-

Accruals and deferred income
9,799
7,553

18,375
25,889


Page 8

 
EUREKA MARKETING SOLUTIONS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023

8.


Deferred taxation




2023


£






At beginning of year
302


Release to profit or loss
(23)



At end of year
279

The provision for deferred taxation is made up as follows:

2023
2022
£
£


Accelerated capital allowances
279
302

 
Page 9