Caseware UK (AP4) 2023.0.135 2023.0.135 32023-05-01false2truetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. 13357620 2023-05-01 2024-04-30 13357620 2022-05-01 2023-04-30 13357620 2024-04-30 13357620 2023-04-30 13357620 c:Director1 2023-05-01 2024-04-30 13357620 c:Director2 2023-05-01 2024-04-30 13357620 d:ComputerEquipment 2023-05-01 2024-04-30 13357620 d:ComputerEquipment 2024-04-30 13357620 d:ComputerEquipment 2023-04-30 13357620 d:ComputerEquipment d:OwnedOrFreeholdAssets 2023-05-01 2024-04-30 13357620 d:CurrentFinancialInstruments 2024-04-30 13357620 d:CurrentFinancialInstruments 2023-04-30 13357620 d:CurrentFinancialInstruments d:WithinOneYear 2024-04-30 13357620 d:CurrentFinancialInstruments d:WithinOneYear 2023-04-30 13357620 d:ShareCapital 2024-04-30 13357620 d:ShareCapital 2023-04-30 13357620 d:RetainedEarningsAccumulatedLosses 2024-04-30 13357620 d:RetainedEarningsAccumulatedLosses 2023-04-30 13357620 c:FRS102 2023-05-01 2024-04-30 13357620 c:AuditExempt-NoAccountantsReport 2023-05-01 2024-04-30 13357620 c:FullAccounts 2023-05-01 2024-04-30 13357620 c:PrivateLimitedCompanyLtd 2023-05-01 2024-04-30 13357620 e:PoundSterling 2023-05-01 2024-04-30 iso4217:GBP xbrli:pure
Registered number: 13357620













Adopter Ltd

Financial statements
Information for filing with the registrar

30 April 2024




 
Adopter Ltd


Balance sheet
At 30 April 2024

2024
2023
Note
£
£

Fixed assets
  

Tangible assets
 4 
3,142
2,973

  
3,142
2,973

Current assets
  

Debtors: amounts falling due within one year
 5 
20,286
12,433

Bank and cash balances
  
35,713
38,954

  
55,999
51,387

Creditors: amounts falling due within one year
 6 
(16,559)
(11,518)

Net current assets
  
 
 
39,440
 
 
39,869

Total assets less current liabilities
  
42,582
42,842

Provisions for liabilities
  

Deferred tax
  
(568)
(552)

  
 
 
(568)
 
 
(552)

Net assets
  
42,014
42,290


Capital and reserves
  

Called up share capital 
  
2
2

Profit and loss account
  
42,012
42,288

Shareholders' funds
  
42,014
42,290

1

 
Adopter Ltd

    
Balance sheet (continued)
At 30 April 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 29 November 2024.




M M Jaworski
K A G Keddie
Director
Director

Company registered number: 13357620
The notes on pages 3 to 6 form part of these financial statements. 

2

 
Adopter Ltd
 
 

Notes to the financial statements
Year ended 30 April 2024

1.


General information

The company is a private company limited by shares, incorporated and domiciled in the United Kingdom. The registered office is Salvus House, Aykley Heads, Durham, DH1 5TS.

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.

 
2.2

Revenue

Revenue is the amount derived from the provision of marketing services, being fees receivable during the year. Revenue is recognised when the appropriate service has been delivered. 
Services provided to clients which at the balance sheet date have not been billed to clients and where there is a right to consideration, have been recognised as turnover. Turnover recognised in this manner is based on an assessment of the fair value of the services provided at the balance sheet date as a proportion of the total value of the engagement. Provision is made against unbilled amounts on those engagements where the right to receive payment is contingent on factors outside the control of the company. Unbilled revenue is included in debtors.

 
2.3

Government grants

Grants are accounted under the accruals model as permitted by FRS 102. Grants relating to expenditure on tangible fixed assets are credited to profit or loss at the same rate as the depreciation on the assets to which the grant relates. The deferred element of grants is included in creditors as deferred income.
Grants of a revenue nature are recognised in the statement of comprehensive income in the same period as the related expenditure.

3

 
Adopter Ltd
 

 
Notes to the financial statements
Year ended 30 April 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 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.

 
2.5

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.

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
-
25%

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

Financial instruments

Basic financial instruments are classified and accounted for, according to the substance of the contractual arrangement, as either financial assets, financial liabilities or equity instruments. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities.

4

 
Adopter Ltd
 
 

Notes to the financial statements
Year ended 30 April 2024

3.


Employees

The average monthly number of employees, including directors, during the year was 3 (2023: 2)


4.


Tangible fixed assets





Computer equipment

£



Cost


At 1 May 2023
4,509


Additions
1,382



At 30 April 2024

5,891



Depreciation


At 1 May 2023
1,536


Charge for the year
1,213



At 30 April 2024

2,749



Net book value



At 30 April 2024
3,142



At 30 April 2023
2,973


5.


Debtors

2024
2023
£
£


Trade debtors
14,048
3,982

Other debtors
-
6,380

Prepayments and accrued income
6,238
2,071

20,286
12,433


5

 
Adopter Ltd
 
 

Notes to the financial statements
Year ended 30 April 2024

6.


Creditors: amounts falling due within one year

2024
2023
£
£

Trade creditors
1,212
1,157

Corporation tax
5,921
7,695

Other taxation and social security
4,356
398

Other creditors
2,620
67

Accruals and deferred income
2,450
2,201

16,559
11,518


6