Caseware UK (AP4) 2023.0.135 2023.0.135 2024-03-312024-03-31true22022-10-19falseNo description of principal activityfalseThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.false 14428562 2022-10-18 14428562 2022-10-19 2024-03-31 14428562 2021-10-19 2022-10-18 14428562 2024-03-31 14428562 c:Director1 2022-10-19 2024-03-31 14428562 d:ComputerEquipment 2022-10-19 2024-03-31 14428562 d:ComputerEquipment 2024-03-31 14428562 d:ComputerEquipment d:OwnedOrFreeholdAssets 2022-10-19 2024-03-31 14428562 d:CurrentFinancialInstruments 2024-03-31 14428562 d:CurrentFinancialInstruments d:WithinOneYear 2024-03-31 14428562 d:ShareCapital 2024-03-31 14428562 d:RetainedEarningsAccumulatedLosses 2024-03-31 14428562 c:OrdinaryShareClass1 2022-10-19 2024-03-31 14428562 c:OrdinaryShareClass1 2024-03-31 14428562 c:FRS102 2022-10-19 2024-03-31 14428562 c:AuditExempt-NoAccountantsReport 2022-10-19 2024-03-31 14428562 c:FullAccounts 2022-10-19 2024-03-31 14428562 c:PrivateLimitedCompanyLtd 2022-10-19 2024-03-31 14428562 e:PoundSterling 2022-10-19 2024-03-31 xbrli:shares iso4217:GBP xbrli:pure
Company registration number: 14428562







UNAUDITED FINANCIAL STATEMENTS
FOR THE PERIOD ENDED
31 MARCH 2024


DRONEWORK WORLDWIDE LIMITED






































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DRONEWORK WORLDWIDE LIMITED
REGISTERED NUMBER:14428562



STATEMENT OF FINANCIAL POSITION
AS AT 31 MARCH 2024

2024
Note
£

Fixed assets
  

Tangible assets
 4 
739

  
739

Current assets
  

Debtors: amounts falling due within one year
 5 
257

Cash at bank and in hand
  
5,692

  
5,949

Creditors: amounts falling due within one year
 6 
(27,761)

Net current (liabilities)/assets
  
 
 
(21,812)

Total assets less current liabilities
  
(21,073)

  

Net (liabilities)/assets
  
(21,073)


Capital and reserves
  

Called up share capital 
  
100

Profit and loss account
  
(21,173)

  
(21,073)


Page 1

 


DRONEWORK WORLDWIDE LIMITED
REGISTERED NUMBER:14428562


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

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 period 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 by: 




................................................
T M Pape
Director

Date: 3 October 2024

The notes on pages 3 to 5 form part of these financial statements.

Page 2

 


DRONEWORK WORLDWIDE LIMITED
 


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

1.


General information

Dronework Worldwide Limited is a private company, limited by shares, registered in England and Wales. The company's registered number and registered office address can be found on the company information page.
The company was incorporated on 19 October 2022 and the period covered by the financial statements is the extended period from 19 October 2022 to 31 March 2024.
The reporting currency of the financial statements is the Pound 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.

The following principal accounting policies have been applied:

 
2.2

Going concern

The director has undertaken to continue their financial support of the company for the foreseeable future. On this basis they believe it is appropriate to prepare these accounts on a going concern basis.

 
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

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.

Page 3

 


DRONEWORK WORLDWIDE LIMITED
 


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

2.Accounting policies (continued)


2.4
Tangible fixed assets (continued)

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
-
20%

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.

 
2.5

Financial instruments

Financial instruments are recognised in the Company's Statement of Financial Position when the Company becomes party to the contractual provisions of the instrument.


3.


Employees



The average monthly number of employees, including directors, during the period was 2.


4.


Tangible fixed assets





Computer equipment

£



Cost or valuation


Additions
1,031



At 31 March 2024

1,031



Depreciation


Charge for the period on owned assets
292



At 31 March 2024

292



Net book value



At 31 March 2024
739

Page 4

 


DRONEWORK WORLDWIDE LIMITED
 


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

5.


Debtors

2024
£


Other debtors
257

257



6.


Creditors: Amounts falling due within one year

2024
£

Other taxation and social security
76

Other creditors
26,245

Accruals and deferred income
1,440

27,761



7.


Share capital

2024
£
Allotted, called up and fully paid


10,000 Ordinary shares of £0.01 each
100


During the period, the company issued 10,000 ordinary shares of £0.01 each at par.


8.


Related party transactions

At the balance sheet date the company owed £26,245 to the director. The balance can be found within creditors due within one year. No interest is being charged on this loan.   

 
Page 5