Caseware UK (AP4) 2023.0.135 2023.0.135 2023-12-312023-12-31The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.2023-01-01falseNo description of principal activity22truetruefalse 08198707 2023-01-01 2023-12-31 08198707 2022-01-01 2022-12-31 08198707 2023-12-31 08198707 2022-12-31 08198707 c:Director1 2023-01-01 2023-12-31 08198707 d:OfficeEquipment 2023-01-01 2023-12-31 08198707 d:OfficeEquipment 2023-12-31 08198707 d:OfficeEquipment 2022-12-31 08198707 d:OfficeEquipment d:OwnedOrFreeholdAssets 2023-01-01 2023-12-31 08198707 d:CurrentFinancialInstruments 2023-12-31 08198707 d:CurrentFinancialInstruments 2022-12-31 08198707 d:Non-currentFinancialInstruments 2023-12-31 08198707 d:Non-currentFinancialInstruments 2022-12-31 08198707 d:CurrentFinancialInstruments d:WithinOneYear 2023-12-31 08198707 d:CurrentFinancialInstruments d:WithinOneYear 2022-12-31 08198707 d:Non-currentFinancialInstruments d:AfterOneYear 2023-12-31 08198707 d:Non-currentFinancialInstruments d:AfterOneYear 2022-12-31 08198707 d:Non-currentFinancialInstruments d:BetweenOneTwoYears 2023-12-31 08198707 d:Non-currentFinancialInstruments d:BetweenOneTwoYears 2022-12-31 08198707 d:Non-currentFinancialInstruments d:BetweenTwoFiveYears 2023-12-31 08198707 d:Non-currentFinancialInstruments d:BetweenTwoFiveYears 2022-12-31 08198707 d:ShareCapital 2023-12-31 08198707 d:ShareCapital 2022-12-31 08198707 d:RetainedEarningsAccumulatedLosses 2023-12-31 08198707 d:RetainedEarningsAccumulatedLosses 2022-12-31 08198707 c:OrdinaryShareClass1 2023-01-01 2023-12-31 08198707 c:OrdinaryShareClass1 2023-12-31 08198707 c:OrdinaryShareClass1 2022-12-31 08198707 c:FRS102 2023-01-01 2023-12-31 08198707 c:AuditExempt-NoAccountantsReport 2023-01-01 2023-12-31 08198707 c:FullAccounts 2023-01-01 2023-12-31 08198707 c:PrivateLimitedCompanyLtd 2023-01-01 2023-12-31 08198707 2 2023-01-01 2023-12-31 08198707 e:PoundSterling 2023-01-01 2023-12-31 xbrli:shares iso4217:GBP xbrli:pure

Registered number: 08198707









ENTERPRISE PROCESS MODELLING LTD







UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 31 DECEMBER 2023

 
ENTERPRISE PROCESS MODELLING LTD
REGISTERED NUMBER: 08198707

BALANCE SHEET
AS AT 31 DECEMBER 2023

2023
2022
Note
£
£

Fixed assets
  

Tangible assets
 4 
1,372
1,687

  
1,372
1,687

Current assets
  

Debtors: amounts falling due within one year
 5 
217,315
186,933

Cash at bank and in hand
  
14,502
28,376

  
231,817
215,309

Creditors: amounts falling due within one year
 6 
(198,707)
(184,950)

Net current assets
  
 
 
33,110
 
 
30,359

Total assets less current liabilities
  
34,482
32,046

Creditors: amounts falling due after more than one year
 7 
(14,479)
(23,377)

  

Net assets
  
20,003
8,669


Capital and reserves
  

Called up share capital 
 9 
100
100

Profit and loss account
  
19,903
8,569

  
20,003
8,669

Page 1

 
ENTERPRISE PROCESS MODELLING LTD
REGISTERED NUMBER: 08198707
    
BALANCE SHEET (CONTINUED)
AS AT 31 DECEMBER 2023

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 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 28 January 2025.




R Horrocks
Director

The notes on pages 3 to 8 form part of these financial statements.
Page 2

 
ENTERPRISE PROCESS MODELLING LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023

1.


General information

The Company is a private company, limited by shares, incorporated and domiciled in England within the United Kingdom, registration number 08198707.  The Company's registered office is 43 Drywood Avenue, Worseley, Manchester, England, M28 2QA.
The financial statements are presented in sterling which is the functional currency of the company and the financial statements are rounded to the nearest £1.

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.

Cash flow
Under Financial Reporting Standard 102, the company is exempt from the requirement to prepare a cash flow statement on the grounds that it qualifies as a small company.

The following principal accounting policies have been applied:

 
2.2

Going concern

The director has prepared the 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.

Page 3

 
ENTERPRISE PROCESS MODELLING LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023

2.Accounting Policies (continued)

 
2.4

Research and development

In the research phase of an internal project it is not possible to demonstrate that the project will generate future economic benefits and hence all expenditure on research shall be recognised as an expense when it is incurred. Intangible assets are recognised from the development phase of a project if and only if certain specific criteria are met in order to demonstrate the asset will generate probable future economic benefits and that its cost can be reliably measured. The capitalised development costs are subsequently amortised on a straight-line basis over their useful economic lives, which range from 3 to 6 years.
If it is not possible to distinguish between the research phase and the development phase of an internal project, the expenditure is treated as if it were all incurred in the research phase only.

 
2.5

Interest income

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

 
2.6

Finance costs

Finance costs are charged to profit or loss over the term of the debt using the effective interest method so that the amount charged is at a constant rate on the carrying amount. Issue costs are initially recognised as a reduction in the proceeds of the associated capital instrument.

 
2.7

Borrowing costs

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

 
2.8

Taxation

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.

 
2.9

Intangible assets

Intangible assets are initially recognised at cost. After recognition, under the cost model, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

All intangible assets are considered to have a finite useful life. If a reliable estimate of the useful life cannot be made, the useful life shall not exceed ten years.

Page 4

 
ENTERPRISE PROCESS MODELLING LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023

2.Accounting Policies (continued)

 
2.10

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.

At each reporting date the Company assesses whether there is any indication of impairment. If such indication exists, the recoverable amount of the asset is determined which is the higher of its fair value less costs to sell and its value in use. An impairment loss is recognised where the carrying amount exceeds the recoverable amount.

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
-
33%
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.

 
2.11

Debtors

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

 
2.12

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.

 
2.13

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.

 
2.14

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.

Page 5

 
ENTERPRISE PROCESS MODELLING LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023

3.


Employees

2023
2022
£
£

Wages and salaries
-
9,294

-
9,294


The average monthly number of employees, including directors, during the year was 2 (2022 - 2).


4.


Tangible fixed assets





Office equipment

£



Cost or valuation


At 1 January 2023
5,664


Additions
833



At 31 December 2023

6,497



Depreciation


At 1 January 2023
3,979


Charge for the year on owned assets
1,146



At 31 December 2023

5,125



Net book value



At 31 December 2023
1,372



At 31 December 2022
1,686


5.


Debtors

2023
2022
£
£


Trade debtors
5,563
18,059

Other debtors
209,396
163,678

Prepayments and accrued income
2,356
5,196
Page 6

 
ENTERPRISE PROCESS MODELLING LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023

5.Debtors (continued)


217,315
186,933


Included within other debtors due within one year is a loan to Mr R Horrocks, a Director, amounting to 157,002 (2022 - £149,865). Amounts repaid during the year totalled £7,137.  The main conditions were as follows:

Interest charged at 2.06%.


6.


Creditors: Amounts falling due within one year

2023
2022
£
£

Bank loans
10,226
10,226

Trade creditors
14,989
8,449

Corporation tax
110,766
41,058

Other taxation and social security
44,136
63,285

Other creditors
5,643
43,225

Accruals and deferred income
12,947
18,707

198,707
184,950



7.


Creditors: Amounts falling due after more than one year

2023
2022
£
£

Bank loans
14,479
23,377

14,479
23,377


The aggregate amount of liabilities repayable wholly or in part more than five years after the balance sheet date is:



In July 2020 the company took out a Bounce back Loan.  The loan is over a 6 year period with the first year interest and repayment free.  The loan is then repayable in instalments over the remaining 5 years with interest charged at 2.5%.

Page 7

 
ENTERPRISE PROCESS MODELLING LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023

8.


Loans


Analysis of the maturity of loans is given below:


2023
2022
£
£

Amounts falling due within one year

Bank loans
10,226
10,226


10,226
10,226

Amounts falling due 1-2 years

Bank loans
10,226
10,226


10,226
10,226

Amounts falling due 2-5 years

Bank loans
4,253
13,151


4,253
13,151


24,705
33,603



9.


Share capital

2023
2022
£
£
Allotted, called up and fully paid



100 (2022 - 100) Ordinary shares of £1.00 each
100
100


 
Page 8