Caseware UK (AP4) 2023.0.135 2023.0.135 2024-04-302024-04-30No description of principal activityfalse2023-05-0122truetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.false 08048522 2023-05-01 2024-04-30 08048522 2022-05-01 2023-04-30 08048522 2024-04-30 08048522 2023-04-30 08048522 c:Director1 2023-05-01 2024-04-30 08048522 d:OfficeEquipment 2023-05-01 2024-04-30 08048522 d:OfficeEquipment 2024-04-30 08048522 d:OfficeEquipment 2023-04-30 08048522 d:OfficeEquipment d:OwnedOrFreeholdAssets 2023-05-01 2024-04-30 08048522 d:CurrentFinancialInstruments 2024-04-30 08048522 d:CurrentFinancialInstruments 2023-04-30 08048522 d:CurrentFinancialInstruments d:WithinOneYear 2024-04-30 08048522 d:CurrentFinancialInstruments d:WithinOneYear 2023-04-30 08048522 d:ShareCapital 2024-04-30 08048522 d:ShareCapital 2023-04-30 08048522 d:RetainedEarningsAccumulatedLosses 2024-04-30 08048522 d:RetainedEarningsAccumulatedLosses 2023-04-30 08048522 c:FRS102 2023-05-01 2024-04-30 08048522 c:AuditExempt-NoAccountantsReport 2023-05-01 2024-04-30 08048522 c:FullAccounts 2023-05-01 2024-04-30 08048522 c:PrivateLimitedCompanyLtd 2023-05-01 2024-04-30 08048522 2 2023-05-01 2024-04-30 08048522 e:PoundSterling 2023-05-01 2024-04-30 iso4217:GBP xbrli:pure

Registered number: 08048522









INQUIZITION LTD







UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 30 APRIL 2024

 
INQUIZITION LTD
REGISTERED NUMBER: 08048522

BALANCE SHEET
AS AT 30 APRIL 2024

2024
2023
Note
£
£

Fixed assets
  

Tangible assets
 4 
5,619
8,348

Current assets
  

Debtors: amounts falling due within one year
 5 
42,116
24,959

Cash at bank and in hand
  
24,994
18,559

  
67,110
43,518

Creditors: amounts falling due within one year
 6 
(71,738)
(51,666)

Net current liabilities
  
 
 
(4,628)
 
 
(8,148)

Total assets less current liabilities
  
991
200

  

Net assets
  
991
200


Capital and reserves
  

Called up share capital 
  
10
10

Profit and loss account
  
981
190

  
991
200


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 year 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 on 24 January 2025.




A R Douglas
Director

The notes on pages 3 to 6 form part of these financial statements.
Page 1

 
INQUIZITION LTD
REGISTERED NUMBER: 08048522
    
BALANCE SHEET (CONTINUED)
AS AT 30 APRIL 2024


Page 2

 
INQUIZITION LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2024

1.


General information

Inquizition Ltd is a private company limited by shares and registered in England. The address of the registered office is Regina House, 124 Finchley Road, London, NW3 5JS.

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

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.

 
2.3

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 and furniture
-
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.

 
2.4

Debtors

Short term debtors are measured at transaction price, less any impairment.

 
2.5

Creditors

Short term creditors are measured at the transaction price. 

Page 3

 
INQUIZITION LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2024

2.Accounting policies (continued)

 
2.6

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. 

 
2.7

Interest income

Interest income is recognised in profit or loss using the effective interest method.

 
2.8

Taxation

Tax is recognised in the Statement of Income and Retained Earnings, 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.


3.


Employees

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

Page 4

 
INQUIZITION LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2024

4.


Tangible fixed assets





Office equipment

£



Cost or valuation


At 1 May 2023
26,642


Additions
505



At 30 April 2024

27,147



Depreciation


At 1 May 2023
18,294


Charge for the year on owned assets
3,234



At 30 April 2024

21,528



Net book value



At 30 April 2024
5,619



At 30 April 2023
8,348


5.


Debtors

2024
2023
£
£


Other debtors
13,142
9,673

Prepayments and accrued income
28,974
15,286

42,116
24,959



6.


Creditors: Amounts falling due within one year

2024
2023
£
£

Corporation tax
44,912
28,793

Other taxation and social security
21,826
19,073

Accruals and deferred income
5,000
3,800

71,738
51,666


Page 5

 
INQUIZITION LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2024

7.


Related party transactions

At the balance sheet date, the company was owed £13,142 from Mr A R Douglas (2023: £9,673). Interest
amounting to £254 (2023: £161) was charged on the loan during the year.

 
Page 6