Caseware UK (AP4) 2023.0.135 2023.0.135 2024-03-312024-03-31The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.22023-04-01falseNo description of principal activity2truetruefalse 08979820 2023-04-01 2024-03-31 08979820 2024-03-31 08979820 2022-04-01 2023-03-31 08979820 2023-03-31 08979820 2022-04-01 08979820 c:Director1 2023-04-01 2024-03-31 08979820 d:ComputerEquipment 2023-04-01 2024-03-31 08979820 d:ComputerEquipment 2024-03-31 08979820 d:ComputerEquipment 2023-03-31 08979820 d:ComputerEquipment d:OwnedOrFreeholdAssets 2023-04-01 2024-03-31 08979820 d:DevelopmentCostsCapitalisedDevelopmentExpenditure 2023-04-01 2024-03-31 08979820 d:DevelopmentCostsCapitalisedDevelopmentExpenditure 2024-03-31 08979820 d:DevelopmentCostsCapitalisedDevelopmentExpenditure 2023-03-31 08979820 d:Goodwill 2023-04-01 2024-03-31 08979820 d:Goodwill 2024-03-31 08979820 d:Goodwill 2023-03-31 08979820 d:CurrentFinancialInstruments 2024-03-31 08979820 d:CurrentFinancialInstruments 2023-03-31 08979820 d:CurrentFinancialInstruments d:WithinOneYear 2024-03-31 08979820 d:CurrentFinancialInstruments d:WithinOneYear 2023-03-31 08979820 d:ShareCapital 2024-03-31 08979820 d:ShareCapital 2023-03-31 08979820 d:RetainedEarningsAccumulatedLosses 2024-03-31 08979820 d:RetainedEarningsAccumulatedLosses 2023-03-31 08979820 c:OrdinaryShareClass1 2023-04-01 2024-03-31 08979820 c:OrdinaryShareClass1 2024-03-31 08979820 c:OrdinaryShareClass1 2023-03-31 08979820 c:OrdinaryShareClass2 2023-04-01 2024-03-31 08979820 c:OrdinaryShareClass2 2024-03-31 08979820 c:OrdinaryShareClass2 2023-03-31 08979820 c:FRS102 2023-04-01 2024-03-31 08979820 c:AuditExempt-NoAccountantsReport 2023-04-01 2024-03-31 08979820 c:FullAccounts 2023-04-01 2024-03-31 08979820 c:PrivateLimitedCompanyLtd 2023-04-01 2024-03-31 08979820 d:DevelopmentCostsCapitalisedDevelopmentExpenditure d:ExternallyAcquiredIntangibleAssets 2023-04-01 2024-03-31 08979820 d:Goodwill d:ExternallyAcquiredIntangibleAssets 2023-04-01 2024-03-31 08979820 d:ExternallyAcquiredIntangibleAssets 2023-04-01 2024-03-31 08979820 d:AcceleratedTaxDepreciationDeferredTax 2024-03-31 08979820 d:AcceleratedTaxDepreciationDeferredTax 2023-03-31 08979820 e:PoundSterling 2023-04-01 2024-03-31 xbrli:shares iso4217:GBP xbrli:pure

Company Registration Number 08979820























DATADEVIL LIMITED





UNAUDITED
FINANCIAL STATEMENTS





 31 MARCH 2024























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DATADEVIL LIMITED
REGISTERED NUMBER: 08979820

STATEMENT OF FINANCIAL POSITION
AS AT 31 MARCH 2024

2024
2023
Note
£
£

Fixed assets
  

Intangible assets
 4 
27,584
22,061

Tangible assets
 5 
3,821
2,083

  
31,405
24,144

Current assets
  

Debtors: amounts falling due within one year
 6 
1,830
9,959

Cash at bank and in hand
 7 
18,274
7,947

  
20,104
17,906

Creditors: amounts falling due within one year
 8 
(9,922)
(3,772)

Net current assets
  
 
 
10,182
 
 
14,134

Total assets less current liabilities
  
41,587
38,278

Provisions for liabilities
  

Deferred tax
 9 
(956)
(521)

  
 
 
(956)
 
 
(521)

Net assets
  
40,631
37,757

Page 1

 
DATADEVIL LIMITED
REGISTERED NUMBER: 08979820

STATEMENT OF FINANCIAL POSITION (CONTINUED)
AS AT 31 MARCH 2024

2024
2023
Note
£
£

Capital and reserves
  

Called up share capital 
 10 
100
100

Profit and loss account
  
40,531
37,657

  
40,631
37,757


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: 




................................................
Mr A S Betsworth
Director

Date: 3 October 2024

The notes on pages 3 to 10 form part of these financial statements.

Page 2

 
DATADEVIL LIMITED
 

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

1.


General information

Datadevil Limited is a private company limited by shares incorporated in England and Wales, company registration number being 08979820. Its registered office address and principal place of business is 8 Station Mews, Station Road, Silloth, Cumbria, CA7 4AF.
The financial statements are presented in Pounds Sterling. 

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.

 
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

Research and development

In the research phase of an internal project it is not possible to demonstrate that the project will generate future economic benefits and hence all expenditure on research shall be recognised as an expense when it is incurred. Intangible assets are recognised from the development phase of a project if and only if certain specific criteria are met in order to demonstrate the asset will generate probable future economic benefits and that its cost can be reliably measured. The capitalised development costs are subsequently amortised on a straight-line basis over their useful economic lives, which range from 3 to 6 years.
If it is not possible to distinguish between the research phase and the development phase of an internal project, the expenditure is treated as if it were all incurred in the research phase only.

Page 3

 
DATADEVIL LIMITED
 

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

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

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.

 
2.6

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:

Computer 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.

Page 4

 
DATADEVIL LIMITED
 

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

2.Accounting policies (continued)

 
2.7

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.

 
2.8

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.

 
2.9

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.

 
2.10

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.
 
Increases in provisions are generally charged as an expense to profit or loss.

 
2.11

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 2 (2023 - 2).

Page 5

 
DATADEVIL LIMITED
 

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

4.


Intangible assets




Crypto assets
Goodwill
Total

£
£
£



Cost


At 1 April 2023
22,061
10,000
32,061


Additions
134,971
-
134,971


Disposals
(129,448)
-
(129,448)



At 31 March 2024

27,584
10,000
37,584



Amortisation


At 1 April 2023
-
10,000
10,000



At 31 March 2024

-
10,000
10,000



Net book value



At 31 March 2024
27,584
-
27,584



At 31 March 2023
22,061
-
22,061

Goodwill was generated upon incorporation of a trading partnership in 2015.



Page 6

 
DATADEVIL LIMITED
 

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

5.


Tangible fixed assets





Computer equipment

£



Cost or valuation


At 1 April 2023
7,963


Additions
5,151



At 31 March 2024

13,114



Depreciation


At 1 April 2023
5,882


Charge for the year on owned assets
3,411



At 31 March 2024

9,293



Net book value



At 31 March 2024
3,821



At 31 March 2023
2,082


6.


Debtors

2024
2023
£
£


Trade debtors
1,280
-

Other debtors
550
9,959

1,830
9,959



7.


Cash and cash equivalents

2024
2023
£
£

Cash at bank and in hand
18,274
7,947

18,274
7,947


Page 7

 
DATADEVIL LIMITED
 

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

8.


Creditors: Amounts falling due within one year

2024
2023
£
£

Other creditors
7,301
1,432

Accruals and deferred income
2,621
2,340

9,922
3,772


Page 8

 
DATADEVIL LIMITED
 

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

9.


Deferred taxation




2024
2023


£

£






At beginning of year
(521)
(680)


Charged to profit or loss
(435)
159



At end of year
(956)
(521)

The provision for deferred taxation is made up as follows:

2024
2023
£
£


Accelerated capital allowances
(956)
(521)

(956)
(521)

Page 9

 
DATADEVIL LIMITED
 

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

10.


Share capital

2024
2023
£
£
Allotted, called up and fully paid



75 (2023 - 75) Ordinary A shares of £1.00 each
75
75
25 (2023 - 25) Ordinary B shares of £1.00 each
25
25

100

100



Page 10