Caseware UK (AP4) 2023.0.135 2023.0.135 2024-03-312024-03-31142023-04-01falsetrueNo description of principal activity14trueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.false 05789366 2023-04-01 2024-03-31 05789366 2022-04-01 2023-03-31 05789366 2024-03-31 05789366 2023-03-31 05789366 2022-04-01 05789366 c:PriorPeriodIncreaseDecrease 2022-04-01 2023-03-31 05789366 2 2023-04-01 2024-03-31 05789366 e:Director8 2023-04-01 2024-03-31 05789366 c:Buildings 2023-04-01 2024-03-31 05789366 c:Buildings 2024-03-31 05789366 c:Buildings 2023-03-31 05789366 c:Buildings c:OwnedOrFreeholdAssets 2023-04-01 2024-03-31 05789366 c:Buildings c:LeasedAssetsHeldAsLessee 2023-04-01 2024-03-31 05789366 c:MotorVehicles 2023-04-01 2024-03-31 05789366 c:MotorVehicles 2024-03-31 05789366 c:MotorVehicles 2023-03-31 05789366 c:MotorVehicles c:OwnedOrFreeholdAssets 2023-04-01 2024-03-31 05789366 c:MotorVehicles c:LeasedAssetsHeldAsLessee 2023-04-01 2024-03-31 05789366 c:OfficeEquipment 2023-04-01 2024-03-31 05789366 c:OfficeEquipment 2024-03-31 05789366 c:OfficeEquipment 2023-03-31 05789366 c:OfficeEquipment c:OwnedOrFreeholdAssets 2023-04-01 2024-03-31 05789366 c:OfficeEquipment c:LeasedAssetsHeldAsLessee 2023-04-01 2024-03-31 05789366 c:ComputerEquipment 2023-04-01 2024-03-31 05789366 c:ComputerEquipment 2024-03-31 05789366 c:ComputerEquipment 2023-03-31 05789366 c:ComputerEquipment c:OwnedOrFreeholdAssets 2023-04-01 2024-03-31 05789366 c:ComputerEquipment c:LeasedAssetsHeldAsLessee 2023-04-01 2024-03-31 05789366 c:OwnedOrFreeholdAssets 2023-04-01 2024-03-31 05789366 c:LeasedAssetsHeldAsLessee 2023-04-01 2024-03-31 05789366 c:DevelopmentCostsCapitalisedDevelopmentExpenditure 2023-04-01 2024-03-31 05789366 c:DevelopmentCostsCapitalisedDevelopmentExpenditure 2024-03-31 05789366 c:DevelopmentCostsCapitalisedDevelopmentExpenditure 2023-03-31 05789366 c:CurrentFinancialInstruments 2024-03-31 05789366 c:CurrentFinancialInstruments 2023-03-31 05789366 c:Non-currentFinancialInstruments 2024-03-31 05789366 c:Non-currentFinancialInstruments 2023-03-31 05789366 c:CurrentFinancialInstruments c:WithinOneYear 2024-03-31 05789366 c:CurrentFinancialInstruments c:WithinOneYear 2023-03-31 05789366 c:Non-currentFinancialInstruments c:AfterOneYear 2024-03-31 05789366 c:Non-currentFinancialInstruments c:AfterOneYear 2023-03-31 05789366 c:ShareCapital 2023-04-01 2024-03-31 05789366 c:ShareCapital 2024-03-31 05789366 c:ShareCapital 2022-04-01 2023-03-31 05789366 c:ShareCapital 2023-03-31 05789366 c:ShareCapital 2022-04-01 05789366 c:RetainedEarningsAccumulatedLosses 2023-04-01 2024-03-31 05789366 c:RetainedEarningsAccumulatedLosses 2024-03-31 05789366 c:RetainedEarningsAccumulatedLosses 2 2023-04-01 2024-03-31 05789366 c:RetainedEarningsAccumulatedLosses 2022-04-01 2023-03-31 05789366 c:RetainedEarningsAccumulatedLosses 2023-03-31 05789366 c:RetainedEarningsAccumulatedLosses c:PriorPeriodIncreaseDecrease 2022-04-01 2023-03-31 05789366 c:RetainedEarningsAccumulatedLosses 2022-04-01 05789366 e:FRS102 2023-04-01 2024-03-31 05789366 e:AuditExempt-NoAccountantsReport 2023-04-01 2024-03-31 05789366 e:FullAccounts 2023-04-01 2024-03-31 05789366 e:PrivateLimitedCompanyLtd 2023-04-01 2024-03-31 05789366 c:HirePurchaseContracts c:WithinOneYear 2024-03-31 05789366 c:HirePurchaseContracts c:WithinOneYear 2023-03-31 05789366 c:HirePurchaseContracts c:BetweenOneFiveYears 2024-03-31 05789366 c:HirePurchaseContracts c:BetweenOneFiveYears 2023-03-31 05789366 c:AcceleratedTaxDepreciationDeferredTax 2024-03-31 05789366 c:AcceleratedTaxDepreciationDeferredTax 2023-03-31 05789366 2 2023-04-01 2024-03-31 05789366 6 2023-04-01 2024-03-31 05789366 c:MotorVehicles c:LeasedAssetsHeldAsLessee 2024-03-31 05789366 c:MotorVehicles c:LeasedAssetsHeldAsLessee 2023-03-31 05789366 f:PoundSterling 2023-04-01 2024-03-31 05789366 c:ShareCapital c:PriorPeriodErrorIncreaseDecrease 2022-04-01 2023-03-31 05789366 c:RetainedEarningsAccumulatedLosses c:PreviouslyStatedAmount 2022-04-01 05789366 c:PreviouslyStatedAmount 2022-04-01 iso4217:GBP xbrli:pure
Registered number: 05789366














AIRSIDE DATA & TRAINING LIMITED
UNAUDITED
FINANCIAL STATEMENTS
INFORMATION FOR FILING WITH THE REGISTRAR
FOR THE YEAR ENDED 31 MARCH 2024

 
AIRSIDE DATA & TRAINING LIMITED
REGISTERED NUMBER:05789366

BALANCE SHEET
AS AT 31 MARCH 2024

As restated
2024
2023
Note
£
£

Fixed assets
  

Tangible assets
 5 
70,722
109,986

  
70,722
109,986

Current assets
  

Debtors: amounts falling due within one year
 6 
257,545
397,520

Cash at bank and in hand
 7 
605,823
1,869,051

  
863,368
2,266,571

Creditors: amounts falling due within one year
 8 
(884,293)
(1,088,083)

Net current (liabilities)/assets
  
 
 
(20,925)
 
 
1,178,488

Total assets less current liabilities
  
49,797
1,288,474

Creditors: amounts falling due after more than one year
 9 
-
(30,070)

Provisions for liabilities
  

Deferred tax
 11 
(3,807)
(13,932)

Net assets
  
45,990
1,244,472


Capital and reserves
  

Called up share capital 
  
100
100

Profit and loss account
  
45,890
1,244,372

  
45,990
1,244,472


Page 1

 
AIRSIDE DATA & TRAINING LIMITED
REGISTERED NUMBER:05789366

BALANCE SHEET (CONTINUED)
AS AT 31 MARCH 2024

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 comprehensive income 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 30 September 2024.




___________________________
J A Tumbri
Director

The notes on pages 5 to 12 form part of these financial statements.

Page 2

 
AIRSIDE DATA & TRAINING LIMITED
 

STATEMENT OF CHANGES IN EQUITY
FOR THE YEAR ENDED 31 MARCH 2024


Called up share capital
Profit and loss account
Total equity

£
£
£

At 1 April 2023
100
1,244,372
1,244,472


Comprehensive income for the year

Profit for the year
-
146,570
146,570
Total comprehensive income for the year
-
146,570
146,570

Dividends: Equity capital
-
(10,664)
(10,664)

Gifts to the EOT
-
(1,334,388)
(1,334,388)


At 31 March 2024
100
45,890
45,990


The notes on pages 5 to 12 form part of these financial statements.

Page 3

 
AIRSIDE DATA & TRAINING LIMITED
 

STATEMENT OF CHANGES IN EQUITY
FOR THE YEAR ENDED 31 MARCH 2023


Called up share capital
Profit and loss account
Total equity

£
£
£

At 1 April 2022 (as previously stated)
100
1,079,629
1,079,729

Prior year adjustment - correction of error
-
(132,962)
(132,962)

At 1 April 2022 (as restated)
100
946,667
946,767


Comprehensive income for the year

Profit for the year
-
379,697
379,697
Total comprehensive income for the year
-
379,697
379,697

Dividends: Equity capital
-
(81,992)
(81,992)


At 31 March 2023
100
1,244,372
1,244,472


The notes on pages 5 to 12 form part of these financial statements.

Page 4

 
AIRSIDE DATA & TRAINING LIMITED
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024

1.


General information

Airside Data and Training Ltd is a private company, limited by shares, incorporated in England and Wales. The company registration number is 05789366. The registered office of the company is 19 Cherry Garden Road, Canterbury, Kent, CT2 8EL.

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

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 Comprehensive Income within 'finance income or costs'. All other foreign exchange gains and losses are presented in profit or loss within 'other operating income'.

Page 5

 
AIRSIDE DATA & TRAINING LIMITED
 

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

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:

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

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.

 
2.5

Government grants

Grants are accounted under the accruals model as permitted by FRS 102. Grants relating to expenditure on tangible fixed assets are credited to profit or loss at the same rate as the depreciation on the assets to which the grant relates. The deferred element of grants is included in creditors as deferred income.
Grants of a revenue nature are recognised in the Statement of Comprehensive Income in the same period as the related expenditure.

 
2.6

Interest income

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

 
2.7

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.

 
2.8

Borrowing costs

All borrowing costs are recognised in profit or loss in the year in which they are incurred.

Page 6

 
AIRSIDE DATA & TRAINING LIMITED
 

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

2.Accounting policies (continued)

 
2.9

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.

 
2.10

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.

 
2.11

Intangible assets

Intangible assets are initially recognised at cost. After recognition, under the cost model, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

All intangible assets are considered to have a finite useful life. If a reliable estimate of the useful life cannot be made, the useful life shall not exceed ten years.

Page 7

 
AIRSIDE DATA & TRAINING LIMITED
 

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

2.Accounting policies (continued)

 
2.12

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 most appropriate methods.

Depreciation is provided on the following basis:

Freehold property
-
over 25 years
Motor vehicles
-
25% reducing balance basis
Office equipment
-
20% straight line basis
Website development
-
33% straight line basis

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.

 
2.13

Valuation of investments

Investments in unlisted Company shares, whose market value can be reliably determined, are remeasured to market value at each balance sheet date. Gains and losses on remeasurement are recognised in the Statement of Comprehensive Income for the period. Where market value cannot be reliably determined, such investments are stated at historic cost less impairment.

 
2.14

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.

 
2.15

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.

 
2.16

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.

Page 8

 
AIRSIDE DATA & TRAINING LIMITED
 

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

2.Accounting policies (continued)

 
2.17

Provisions for liabilities

Provisions are recognised when an event has taken place that gives rise to a legal or constructive obligation, a transfer of economic benefits is probable and a reliable estimate can be made.
Provisions are measured as the best estimate of the amount required to settle the obligation, taking into account the related risks and uncertainties.
 
Deferred tax liabilities are also presented within provisions but are measured in accordance with the accounting policy on taxation.
 
Increases in provisions are generally charged as an expense to profit or loss.

 
2.18

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.


3.


Employees

The average monthly number of employees, including directors, during the year was 14 (2023 - 14).


4.


Intangible assets




Development expenditure

£





At 1 April 2023
3,500


Disposals
(3,500)



At 31 March 2024

-





At 1 April 2023
3,500


On disposals
(3,500)



At 31 March 2024

-



Net book value



At 31 March 2024
-



At 31 March 2023
-



Page 9

 
AIRSIDE DATA & TRAINING LIMITED
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024

5.


Tangible fixed assets





Freehold property
Motor vehicles
Office equipment
Computer equipment
Total

£
£
£
£
£



Cost or valuation


At 1 April 2023
70,669
94,051
83,282
17,017
265,019


Additions
-
-
6,829
-
6,829


Disposals
-
(78,940)
-
-
(78,940)



At 31 March 2024

70,669
15,111
90,111
17,017
192,908



Depreciation


At 1 April 2023
17,480
57,916
62,620
17,017
155,033


Charge for the year on owned assets
2,828
532
7,398
-
10,758


Charge for the year on financed assets
-
2,116
-
-
2,116


Disposals
-
(45,721)
-
-
(45,721)



At 31 March 2024

20,308
14,843
70,018
17,017
122,186



Net book value



At 31 March 2024
50,361
268
20,093
-
70,722



At 31 March 2023
53,189
36,135
20,662
-
109,986

The net book value of assets held under finance leases or hire purchase contracts, included above, are as follows:


2024
2023
£
£



Motor vehicles
-
33,850

Page 10

 
AIRSIDE DATA & TRAINING LIMITED
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024

6.


Debtors

As restated
2024
2023
£
£


Trade debtors
152,966
218,642

Other debtors
24,750
45,658

Prepayments and accrued income
79,829
73,237

Tax recoverable
-
59,983

257,545
397,520



7.


Cash and cash equivalents

2024
2023
£
£

Cash at bank and in hand
605,823
1,869,051

Less: bank overdrafts
-
(53)

605,823
1,868,998



8.


Creditors: Amounts falling due within one year

As restated
2024
2023
£
£

Bank overdrafts
-
53

Trade creditors
124,418
71,469

Corporation tax
27,677
71,877

Other taxation and social security
66,281
106,609

Obligations under finance lease and hire purchase contracts
-
8,551

Other creditors
242,222
330,082

Accruals and deferred income
423,695
499,442

884,293
1,088,083



9.


Creditors: Amounts falling due after more than one year

2024
2023
£
£

Net obligations under finance leases and hire purchase contracts
-
30,070


Page 11

 
AIRSIDE DATA & TRAINING LIMITED
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024

10.


Hire purchase and finance leases


Minimum lease payments under hire purchase fall due as follows:

2024
2023
£
£


Within one year
-
8,551

Between 1-5 years
-
30,070

-
38,621


11.


Deferred taxation




2024


£






At beginning of year
(13,932)


Charged to profit or loss
10,125



At end of year
(3,807)

The provision for deferred taxation is made up as follows:

2024
2023
£
£


Accelerated capital allowances
3,807
13,932


12.


Pension commitments

The Company operates a defined contributions pension scheme. The assets of the scheme are 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 £13,463 (2023 - £12,521). Contribitions totalling £2,673 (2023 - £1,083) were payable to the fund at the balance sheet date and are included in creditors.

Page 12