Caseware UK (AP4) 2023.0.135 2023.0.135 2024-08-312024-08-31232023-09-01falseThe principal activity of the Company continued to be the provision of specialised educational services.25truetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.false 04635689 2023-09-01 2024-08-31 04635689 2022-09-01 2023-08-31 04635689 2024-08-31 04635689 2023-08-31 04635689 2022-09-01 04635689 c:Director4 2023-09-01 2024-08-31 04635689 d:PlantMachinery 2023-09-01 2024-08-31 04635689 d:PlantMachinery 2024-08-31 04635689 d:PlantMachinery 2023-08-31 04635689 d:PlantMachinery d:OwnedOrFreeholdAssets 2023-09-01 2024-08-31 04635689 d:MotorVehicles 2023-09-01 2024-08-31 04635689 d:MotorVehicles 2024-08-31 04635689 d:MotorVehicles 2023-08-31 04635689 d:MotorVehicles d:OwnedOrFreeholdAssets 2023-09-01 2024-08-31 04635689 d:OfficeEquipment 2023-09-01 2024-08-31 04635689 d:OfficeEquipment 2024-08-31 04635689 d:OfficeEquipment 2023-08-31 04635689 d:OfficeEquipment d:OwnedOrFreeholdAssets 2023-09-01 2024-08-31 04635689 d:OwnedOrFreeholdAssets 2023-09-01 2024-08-31 04635689 d:Goodwill 2024-08-31 04635689 d:Goodwill 2023-08-31 04635689 d:CurrentFinancialInstruments 2024-08-31 04635689 d:CurrentFinancialInstruments 2023-08-31 04635689 d:Non-currentFinancialInstruments 2024-08-31 04635689 d:Non-currentFinancialInstruments 2023-08-31 04635689 d:CurrentFinancialInstruments d:WithinOneYear 2024-08-31 04635689 d:CurrentFinancialInstruments d:WithinOneYear 2023-08-31 04635689 d:Non-currentFinancialInstruments d:AfterOneYear 2024-08-31 04635689 d:Non-currentFinancialInstruments d:AfterOneYear 2023-08-31 04635689 d:ShareCapital 2024-08-31 04635689 d:ShareCapital 2023-08-31 04635689 d:CapitalRedemptionReserve 2024-08-31 04635689 d:CapitalRedemptionReserve 2023-08-31 04635689 d:RevaluationReserve 2024-08-31 04635689 d:RevaluationReserve 2023-08-31 04635689 d:RetainedEarningsAccumulatedLosses 2024-08-31 04635689 d:RetainedEarningsAccumulatedLosses 2023-08-31 04635689 d:AcceleratedTaxDepreciationDeferredTax 2024-08-31 04635689 d:AcceleratedTaxDepreciationDeferredTax 2023-08-31 04635689 c:OrdinaryShareClass1 2023-09-01 2024-08-31 04635689 c:OrdinaryShareClass1 2024-08-31 04635689 c:OrdinaryShareClass1 2023-08-31 04635689 c:FRS102 2023-09-01 2024-08-31 04635689 c:AuditExempt-NoAccountantsReport 2023-09-01 2024-08-31 04635689 c:FullAccounts 2023-09-01 2024-08-31 04635689 c:PrivateLimitedCompanyLtd 2023-09-01 2024-08-31 04635689 d:WithinOneYear 2024-08-31 04635689 d:WithinOneYear 2023-08-31 04635689 e:PoundSterling 2023-09-01 2024-08-31 iso4217:GBP xbrli:shares xbrli:pure

Registered number: 04635689









"OFF THE PAGE" LIMITED







UNAUDITED

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 AUGUST 2024

 
"OFF THE PAGE" LIMITED
REGISTERED NUMBER: 04635689

BALANCE SHEET
AS AT 31 AUGUST 2024

2024
2023
Note
£
£

FIXED ASSETS
  

Tangible assets
 5 
38,341
56,372

  
38,341
56,372

CURRENT ASSETS
  

Stocks
  
21,104
7,503

Debtors: amounts falling due within one year
 6 
8,226
7,066

Cash at bank and in hand
  
154,245
111,240

  
183,575
125,809

Creditors: amounts falling due within one year
 7 
(69,052)
(45,670)

NET CURRENT ASSETS
  
 
 
114,523
 
 
80,139

TOTAL ASSETS LESS CURRENT LIABILITIES
  
152,864
136,511

Creditors: amounts falling due after more than one year
 8 
(11,370)
(21,592)

PROVISIONS FOR LIABILITIES
  

Deferred tax
 9 
(8,242)
(12,749)

  
 
 
(8,242)
 
 
(12,749)

NET ASSETS
  
133,252
102,170


CAPITAL AND RESERVES
  

Called up share capital 
 10 
60
60

Revaluation reserve
  
36,500
36,500

Capital redemption reserve
  
30
30

Profit and loss account
  
96,662
65,580

  
133,252
102,170


Page 1

 
"OFF THE PAGE" LIMITED
REGISTERED NUMBER: 04635689
    
BALANCE SHEET (CONTINUED)
AS AT 31 AUGUST 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 profit and loss account 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: 






S M Cornwell
Director

Date: 20 January 2025

The notes on pages 3 to 8 form part of these financial statements.

Page 2

 
"OFF THE PAGE" LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2024

1.


GENERAL INFORMATION

Off The Page Limited is a private company limited by shares and incorporated in England and Wales. Its registered office is Unit 8, Dry Drayton Industries, Scotland Road, Cambridge, CB23 8AT.
The financial statements are presented in sterling which is the functional currency of the company.
The significant accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all years presented unless otherwise stated.

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

TURNOVER

Turnover comprises of sales in respect of specialised educational services, exclusive of Value Added Tax.

 
2.3

BORROWING COSTS

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

 
2.4

INTANGIBLE ASSETS

GOODWILL
Goodwill represents the difference between amounts paid on the cost of a business combination and the acquirer’s interest in the fair value of its identifiable assets and liabilities of the acquiree at the date of acquisition. Subsequent to initial recognition, goodwill is measured at cost less accumulated amortisation and accumulated impairment losses. Goodwill is amortised on a straight line basis to the Profit and Loss Account over its useful economic life.

 
2.5

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

 
"OFF THE PAGE" LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2024

2.ACCOUNTING POLICIES (CONTINUED)


2.5
TANGIBLE FIXED ASSETS (CONTINUED)

Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, on the following basis.

Depreciation is provided on the following basis:

Course kits
-
10% straight line
Motor vehicles
-
25% reducing balance
Office equipment
-
25% reducing balance

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.

 
2.6

STOCKS

Stocks are stated at the lower of cost and net realisable value, being the estimated selling price less costs to complete and sell.
At each balance sheet date, stocks are assessed for impairment. If stock is impaired, the carrying amount is reduced to its selling price less costs to complete and sell. The impairment loss is recognised immediately in profit or loss.

 
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

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.

Page 4

 
"OFF THE PAGE" LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2024

2.ACCOUNTING POLICIES (CONTINUED)

 
2.11

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.


3.


EMPLOYEES

The average monthly number of employees, including directors, during the year was 25 (2023 - 23).


4.


INTANGIBLE ASSETS




Goodwill

£



COST


At 1 September 2023
30,000



At 31 August 2024

30,000



AMORTISATION


At 1 September 2023
30,000



At 31 August 2024

30,000



NET BOOK VALUE



At 31 August 2024
-



At 31 August 2023
-



Page 5

 
"OFF THE PAGE" LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2024

5.


TANGIBLE FIXED ASSETS





Course kits
Motor vehicles
Office equipment
Total

£
£
£
£



COST OR VALUATION


At 1 September 2023
136,760
19,276
49,073
205,109


Additions
2,164
-
1,016
3,180



At 31 August 2024

138,924
19,276
50,089
208,289



DEPRECIATION


At 1 September 2023
109,008
431
39,298
148,737


Charge for the year on owned assets
13,893
4,711
2,607
21,211



At 31 August 2024

122,901
5,142
41,905
169,948



NET BOOK VALUE



At 31 August 2024
16,023
14,134
8,184
38,341



At 31 August 2023
27,752
18,845
9,775
56,372


6.


DEBTORS

2024
2023
£
£


Trade debtors
5,071
676

Other debtors
943
5,108

Prepayments and accrued income
2,212
1,282

8,226
7,066


Page 6

 
"OFF THE PAGE" LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2024

7.


CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024
2023
£
£

Bank loans
10,225
9,974

Trade creditors
6,190
7,384

Corporation tax
12,783
-

Other taxation and social security
31,848
23,051

Accruals and deferred income
8,006
5,261

69,052
45,670


Bank loans comprise a Government backed 'bounce back' loan, which was drawn down in October 2020. This loan is 100% guaranteed by the Government and there are no fees in the first twelve months.  After twelve months, interest is charged at 2.5%.


8.


CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2024
2023
£
£

Bank loans
11,370
21,592


Bank loans comprise a Government backed 'bounce back' loan, which was drawn down in October 2020. This loan is 100% guaranteed by the Government and there are no fees in the first twelve months. After twelve months, interest is charged at 2.5%.


9.


DEFERRED TAXATION




2024
2023


£

£






At beginning of year
(12,749)
(10,687)


Charged to profit or loss
4,507
(2,062)



AT END OF YEAR
(8,242)
(12,749)

The provision for deferred taxation is made up as follows:

2024
2023
£
£


Accelerated capital allowances
(8,242)
(12,749)

Page 7

 
"OFF THE PAGE" LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2024

10.


SHARE CAPITAL

2024
2023
£
£
ALLOTTED, CALLED UP AND FULLY PAID



60 (2023 - 60) Ordinary A shares of £1.00 each
60
60



11.


COMMITMENTS UNDER OPERATING LEASES

At 31 August 2024 the Company had future minimum lease payments due under non-cancellable operating leases for each of the following periods:

2024
2023
£
£


Not later than 1 year
49,770
14,330

 
Page 8