Caseware UK (AP4) 2023.0.135 2023.0.135 false2023-04-01No description of principal activity22truetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. 08793182 2023-04-01 2024-03-31 08793182 2022-04-01 2023-03-31 08793182 2024-03-31 08793182 2023-03-31 08793182 c:Director1 2023-04-01 2024-03-31 08793182 d:OfficeEquipment 2023-04-01 2024-03-31 08793182 d:OfficeEquipment 2024-03-31 08793182 d:OfficeEquipment 2023-03-31 08793182 d:OfficeEquipment d:OwnedOrFreeholdAssets 2023-04-01 2024-03-31 08793182 d:CurrentFinancialInstruments 2024-03-31 08793182 d:CurrentFinancialInstruments 2023-03-31 08793182 d:CurrentFinancialInstruments d:WithinOneYear 2024-03-31 08793182 d:CurrentFinancialInstruments d:WithinOneYear 2023-03-31 08793182 d:ShareCapital 2024-03-31 08793182 d:ShareCapital 2023-03-31 08793182 d:RetainedEarningsAccumulatedLosses 2024-03-31 08793182 d:RetainedEarningsAccumulatedLosses 2023-03-31 08793182 c:OrdinaryShareClass1 2023-04-01 2024-03-31 08793182 c:OrdinaryShareClass1 2024-03-31 08793182 c:OrdinaryShareClass1 2023-03-31 08793182 c:FRS102 2023-04-01 2024-03-31 08793182 c:AuditExempt-NoAccountantsReport 2023-04-01 2024-03-31 08793182 c:FullAccounts 2023-04-01 2024-03-31 08793182 c:PrivateLimitedCompanyLtd 2023-04-01 2024-03-31 08793182 e:PoundSterling 2023-04-01 2024-03-31 xbrli:shares iso4217:GBP xbrli:pure
Registered number: 08793182













S Eldabe Limited

Financial statements
Information for filing with the registrar

31 March 2024




 
S Eldabe Limited


Balance sheet
At 31 March 2024

2024
2023
Note
£
£

Fixed assets
  

Tangible assets
 4 
5,330
5,422

  
5,330
5,422

Current assets
  

Debtors
 5 
18,842
12,779

Bank and cash balances
  
382,632
387,805

  
401,474
400,584

Creditors: amounts falling due within one year
 6 
(34,835)
(31,588)

Net current assets
  
 
 
366,639
 
 
368,996

Total assets less current liabilities
  
371,969
374,418

Provisions for liabilities
  

Deferred tax
  
(1,333)
(1,405)

Net assets
  
370,636
373,013


Capital and reserves
  

Called up share capital 
 7 
100
100

Profit and loss account
  
370,536
372,913

Shareholders' funds
  
370,636
373,013

1

 
S Eldabe Limited

    
Balance sheet (continued)
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 16 October 2024.



H Eldabe
Director

Registered number: 08793182
The notes on pages 3 to 7 form part of these financial statements. 
2

 
S Eldabe Limited
 
 

Notes to the financial statements
Year ended 31 March 2024

1.


General information

S Eldabe Limited is a private company limited by shares, incorporated and domiciled in the United Kingdom and registered in England. The address of the registered office is Citygate, St James' Boulevard, Newcastle upon Tyne, NE1 4JE. The principal place of operations is 50 The Holme, Great Broughton, Middlesbrough, TS9 7HF.

2.Accounting policies

 
2.1

Statement of compliance

The financial statements have been prepared in accordance with Section 1A of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the United Kingdom and the Republic of Ireland' (FRS 102) and the Companies Act 2006.

The following principal accounting policies have been applied:

 
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.

3

 
S Eldabe Limited
 

 
Notes to the financial statements
Year ended 31 March 2024

2.Accounting policies (continued)

 
2.3

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.

 
2.4

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.

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
-
20%
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.

4

 
S Eldabe Limited
 

 
Notes to the financial statements
Year ended 31 March 2024

2.Accounting policies (continued)

 
2.5

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.

 
2.6

Financial instruments

The company only enters into basic financial instrument transactions that result in the recognition of
financial assets and liabilities like trade and other debtors and creditors, loans from banks and other
third parties, loans to related parties and investments in ordinary shares.

 
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.


3.


Employees

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

5

 
S Eldabe Limited
 
 

Notes to the financial statements
Year ended 31 March 2024

4.


Tangible fixed asset





Office equipment

£



Cost


At 1 April 2023
12,911


Additions
2,190



At 31 March 2024

15,101



Depreciation


At 1 April 2023
7,489


Charge for the year
2,282



At 31 March 2024

9,771



Net book value



At 31 March 2024
5,330



At 31 March 2023
5,422


5.


Debtors

2024
2023
£
£


Trade debtors
18,072
12,125

Prepayments and accrued income
770
654

18,842
12,779



6.


Creditors: amounts falling due within one year

2024
2023
£
£

Corporation tax
13,104
4,232

Other creditors
17,797
23,642

Accruals and deferred income
3,934
3,714

34,835
31,588


6

 
S Eldabe Limited
 
 

Notes to the financial statements
Year ended 31 March 2024

7.


Share capital

2024
2023
£
£
Allotted, called up and fully paid



100 (2023: 100) Ordinary shares of £1.00 each
100
100


 
7