Caseware UK (AP4) 2023.0.135 2023.0.135 2024-03-312024-03-312023-04-01false22truetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.false 04171113 2023-04-01 2024-03-31 04171113 2022-04-01 2023-03-31 04171113 2024-03-31 04171113 2023-03-31 04171113 c:Director1 2023-04-01 2024-03-31 04171113 d:OfficeEquipment 2023-04-01 2024-03-31 04171113 d:OfficeEquipment 2024-03-31 04171113 d:OfficeEquipment 2023-03-31 04171113 d:OfficeEquipment d:OwnedOrFreeholdAssets 2023-04-01 2024-03-31 04171113 d:CurrentFinancialInstruments 2024-03-31 04171113 d:CurrentFinancialInstruments 2023-03-31 04171113 d:CurrentFinancialInstruments d:WithinOneYear 2024-03-31 04171113 d:CurrentFinancialInstruments d:WithinOneYear 2023-03-31 04171113 d:ShareCapital 2024-03-31 04171113 d:ShareCapital 2023-03-31 04171113 d:RetainedEarningsAccumulatedLosses 2024-03-31 04171113 d:RetainedEarningsAccumulatedLosses 2023-03-31 04171113 c:OrdinaryShareClass1 2023-04-01 2024-03-31 04171113 c:OrdinaryShareClass1 2024-03-31 04171113 c:OrdinaryShareClass1 2023-03-31 04171113 c:OrdinaryShareClass2 2023-04-01 2024-03-31 04171113 c:OrdinaryShareClass2 2024-03-31 04171113 c:OrdinaryShareClass2 2023-03-31 04171113 c:FRS102 2023-04-01 2024-03-31 04171113 c:AuditExempt-NoAccountantsReport 2023-04-01 2024-03-31 04171113 c:FullAccounts 2023-04-01 2024-03-31 04171113 c:PrivateLimitedCompanyLtd 2023-04-01 2024-03-31 04171113 d:KeyManagementPersonnelCloseFamilyMembersEntitiesUnderKeyManagementPersonnelsControl 2023-04-01 2024-03-31 04171113 d:KeyManagementPersonnelCloseFamilyMembersEntitiesUnderKeyManagementPersonnelsControl 2024-03-31 04171113 2 2023-04-01 2024-03-31 04171113 e:PoundSterling 2023-04-01 2024-03-31 xbrli:shares iso4217:GBP xbrli:pure
Registered number: 04171113









DSM KNOWHOW LIMITED

UNAUDITED

FINANCIAL STATEMENTS
INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 31 MARCH 2024

 
DSM KNOWHOW LIMITED
REGISTERED NUMBER: 04171113

BALANCE SHEET
AS AT 31 MARCH 2024

2024
2023
Note
£
£

Fixed assets
  

Tangible fixed assets
 4 
2,589
3,281

Current assets
  

Debtors: amounts falling due within one year
 5 
1,048
950

Bank and cash balances
  
92,801
146,919

  
93,849
147,869

Creditors: amounts falling due within one year
 6 
(4,330)
(4,930)

Net current assets
  
 
 
89,519
 
 
142,939

  

Net assets
  
92,108
146,220


Capital and reserves
  

Called up share capital 
 7 
100
100

Profit and loss account
  
92,008
146,120

  
92,108
146,220


The directors consider 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 directors acknowledge their 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 by: 




Ms D. S. Marmor
Director

Date: 13 September 2024

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

Page 1

 
DSM KNOWHOW LIMITED
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024

1.


General information

The Company is a private company limited by shares and incorporated in England & Wales. The registered number is 04171113 and the registered office is 24 Old Bond Street, London, W1S 4AP. The trading address is 58 Telfords Yard, 6-8 The Highway, London, E1W 2BQ. This Company is not part of a group.

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 preparation of financial statements in compliance with FRS 102 requires the use of certain critical accounting estimates. It also requires management to exercise judgment in applying the Company's accounting policies.

The following principal accounting policies have been applied:

 
2.2

Going concern

The company has adequate cash resources to continue trading.
The directors consider that the resources available to the company will be sufficient for it to be able to continue as a going concern in the future. The financial statements do not contain any adjustments that would be required if the Company were not able to continue as a going concern.

 
2.3

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
-
33%
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.

 
2.4

Debtors

Short-term debtors are measured at transaction price, less any impairment.

Page 2

 
DSM KNOWHOW LIMITED
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024

2.Accounting policies (continued)

 
2.5

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. 

 
2.6

Creditors

Short-term creditors are measured at the transaction price. 

 
2.7

Dividends

Equity dividends are recognised when they become legally payable. Interim equity dividends are recognised when paid. Final equity dividends are recognised when approved by the shareholders at an annual general meeting.

 
2.8

Interest income

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


3.


Employees

The average monthly number of employees, including directors, during the year was 2 (2023 - 2).


4.


Tangible fixed assets





Office equipment

£



Cost


At 1 April 2023
5,343


Additions
1,316



At 31 March 2024

6,659



Depreciation


At 1 April 2023
2,062


Charge for the year on owned assets
2,008



At 31 March 2024

4,070



Net book value



At 31 March 2024
2,589



At 31 March 2023
3,281

Page 3

 
DSM KNOWHOW LIMITED
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024

5.


Debtors

2024
2023
£
£


Prepayments
1,048
950



6.


Creditors: Amounts falling due within one year

2024
2023
£
£

Trade creditors
75
75

Other creditors
655
1,255

Accruals
3,600
3,600

4,330
4,930



7.


Share capital

2024
2023
£
£
Allotted, called up and fully paid



50 (2023 - 50) Ordinary A shares of £1.00 each
50
50
50 (2023 - 50) Ordinary B shares of £1.00 each
50
50

100

100



8.


Related party transactions

During the year the Company paid dividends of £41,000 (2023 - £37,500) to a director.
During the year, the Company operated loans with a director. At the year end, the balance owed by the Company was £555 (2023 - £1,217).


Page 4