Caseware UK (AP4) 2023.0.135 2023.0.135 2024-01-312024-01-31truefalse2023-01-17falsefalseNo description of principal activity3The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. 14596653 2023-01-16 14596653 2023-01-17 2024-01-31 14596653 2022-01-17 2023-01-16 14596653 2024-01-31 14596653 c:Director1 2023-01-17 2024-01-31 14596653 d:CurrentFinancialInstruments 2024-01-31 14596653 d:CurrentFinancialInstruments d:WithinOneYear 2024-01-31 14596653 d:ShareCapital 2024-01-31 14596653 d:RetainedEarningsAccumulatedLosses 2024-01-31 14596653 c:OrdinaryShareClass1 2023-01-17 2024-01-31 14596653 c:OrdinaryShareClass1 2024-01-31 14596653 c:OrdinaryShareClass2 2023-01-17 2024-01-31 14596653 c:OrdinaryShareClass2 2024-01-31 14596653 c:OrdinaryShareClass3 2023-01-17 2024-01-31 14596653 c:OrdinaryShareClass3 2024-01-31 14596653 c:FRS102 2023-01-17 2024-01-31 14596653 c:AuditExempt-NoAccountantsReport 2023-01-17 2024-01-31 14596653 c:FullAccounts 2023-01-17 2024-01-31 14596653 c:PrivateLimitedCompanyLtd 2023-01-17 2024-01-31 14596653 e:PoundSterling 2023-01-17 2024-01-31 xbrli:shares iso4217:GBP xbrli:pure

Registered number: 14596653









DEV4.0 LTD







UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE PERIOD ENDED 31 JANUARY 2024

 
DEV4.0 LTD
REGISTERED NUMBER: 14596653

STATEMENT OF FINANCIAL POSITION
AS AT 31 JANUARY 2024

2024
£

  

Current assets
  

Debtors: amounts falling due within one year
  
10,731

Cash at bank and in hand
  
73,278

  
84,009

Creditors: amounts falling due within one year
  
(61,874)

Net current assets
  
 
 
22,135

Total assets less current liabilities
  
22,135

  

Net assets
  
22,135


Capital and reserves
  

Called up share capital 
  
3

Profit and loss account
  
22,132

  
22,135


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 period 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 15 October 2024.




E B Briggs
Director

The notes on pages 2 to 5 form part of these financial statements.

Page 1

 
DEV4.0 LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 JANUARY 2024

1.


General information

Dev4.0 Ltd is a private company limited by shares and incorporated in England & Wales (registered
Number 14596653). The registered office is 101 New Cavendish Street, 1st Floor South, London, W1W 6XH.
The principal activity of the company continued to be that of other information technology service activities.
The financial statements are presented in GBP, which is the functional currency of the company.

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 2

 
DEV4.0 LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 JANUARY 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

Taxation

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.

 
2.5

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.

 
2.6

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.

 
2.7

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 3

 
DEV4.0 LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 JANUARY 2024

2.Accounting policies (continued)

 
2.8

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 period was 3.


4.


Debtors

2024
£


Trade debtors
10,728

Other debtors
3

10,731



5.


Cash and cash equivalents

2024
£

Cash at bank and in hand
73,278

73,278



6.


Creditors: Amounts falling due within one year

2024
£

Trade creditors
5

Corporation tax
59,369

Accruals and deferred income
2,500

61,874


Page 4

 
DEV4.0 LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 JANUARY 2024

7.


Share capital

2024
£
Allotted, called up and fully paid


1 Ordinary A share of £1.00
1
1 Ordinary B share of £1.00
1
1 Ordinary C share of £1.00
1

3




 
Page 5