Caseware UK (AP4) 2023.0.135 2023.0.135 2024-04-302024-04-30The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.2023-05-01falseNo description of principal activity1010falsetruefalse 07598299 2023-05-01 2024-04-30 07598299 2022-05-01 2023-04-30 07598299 2024-04-30 07598299 2023-04-30 07598299 c:Director1 2023-05-01 2024-04-30 07598299 c:Director2 2023-05-01 2024-04-30 07598299 d:MotorVehicles 2023-05-01 2024-04-30 07598299 d:MotorVehicles 2024-04-30 07598299 d:MotorVehicles 2023-04-30 07598299 d:MotorVehicles d:OwnedOrFreeholdAssets 2023-05-01 2024-04-30 07598299 d:FurnitureFittings 2023-05-01 2024-04-30 07598299 d:FurnitureFittings 2024-04-30 07598299 d:FurnitureFittings 2023-04-30 07598299 d:FurnitureFittings d:OwnedOrFreeholdAssets 2023-05-01 2024-04-30 07598299 d:OfficeEquipment 2023-05-01 2024-04-30 07598299 d:OfficeEquipment 2024-04-30 07598299 d:OfficeEquipment 2023-04-30 07598299 d:OfficeEquipment d:OwnedOrFreeholdAssets 2023-05-01 2024-04-30 07598299 d:ComputerEquipment 2023-05-01 2024-04-30 07598299 d:ComputerEquipment 2024-04-30 07598299 d:ComputerEquipment 2023-04-30 07598299 d:ComputerEquipment d:OwnedOrFreeholdAssets 2023-05-01 2024-04-30 07598299 d:OwnedOrFreeholdAssets 2023-05-01 2024-04-30 07598299 d:CurrentFinancialInstruments 2024-04-30 07598299 d:CurrentFinancialInstruments 2023-04-30 07598299 d:CurrentFinancialInstruments d:WithinOneYear 2024-04-30 07598299 d:CurrentFinancialInstruments d:WithinOneYear 2023-04-30 07598299 d:ShareCapital 2024-04-30 07598299 d:ShareCapital 2023-04-30 07598299 d:RetainedEarningsAccumulatedLosses 2024-04-30 07598299 d:RetainedEarningsAccumulatedLosses 2023-04-30 07598299 c:FRS102 2023-05-01 2024-04-30 07598299 c:AuditExempt-NoAccountantsReport 2023-05-01 2024-04-30 07598299 c:FullAccounts 2023-05-01 2024-04-30 07598299 c:PrivateLimitedCompanyLtd 2023-05-01 2024-04-30 07598299 2 2023-05-01 2024-04-30 07598299 e:PoundSterling 2023-05-01 2024-04-30 iso4217:GBP xbrli:pure

Registered number: 07598299










ACTUA SOLUTIONS LIMITED








UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 30 APRIL 2024

 
ACTUA SOLUTIONS LIMITED
REGISTERED NUMBER: 07598299

BALANCE SHEET
AS AT 30 APRIL 2024

2024
2023
Note
£
£

Fixed assets
  

Tangible assets
 4 
68,820
94,001

  
68,820
94,001

Current assets
  

Debtors: amounts falling due within one year
 5 
215,548
305,138

Cash at bank and in hand
 6 
61,813
58,924

  
277,361
364,062

Creditors: amounts falling due within one year
 7 
(250,356)
(366,239)

Net current assets/(liabilities)
  
 
 
27,005
 
 
(2,177)

Total assets less current liabilities
  
95,825
91,824

  

Net assets
  
95,825
91,824


Capital and reserves
  

Called up share capital 
  
1,000
1,000

Profit and loss account
  
94,825
90,824

  
95,825
91,824


Page 1

 
ACTUA SOLUTIONS LIMITED
REGISTERED NUMBER: 07598299
    
BALANCE SHEET (CONTINUED)
AS 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 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 on 16 January 2025.




D Sharp
S J Fullard
Director
Director

The notes on pages 3 to 7 form part of these financial statements.

Page 2

 
ACTUA SOLUTIONS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2024

1.


General information

The company is a private company limited by shares, which is incorporated under the Companies Act 2006 and registered in England (no. 07598299). The address of the registered office is Suite 305-306 Cotton Exchange, Bixteth Street, Liverpool, L3 9LQ.

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. 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.

 
2.3

Interest income

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

 
2.4

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.

 
2.5

Borrowing costs

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

Page 3

 
ACTUA SOLUTIONS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2024

2.Accounting policies (continued)

 
2.6

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.

 
2.7

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.


 
2.8

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:

Motor vehicles
-
20%
Fixtures and fittings
-
33%
Office equipment
-
33%
Computer equipment
-
33%

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.

 
2.9

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.

Page 4

 
ACTUA SOLUTIONS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2024

2.Accounting policies (continued)

 
2.10

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.

 
2.11

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.

 
2.12

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 10 (2023 - 10).

Page 5

 
ACTUA SOLUTIONS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2024

4.


Tangible fixed assets





Motor vehicles
Fixtures and fittings
Office equipment
Computer equipment
Total

£
£
£
£
£



Cost or valuation


At 1 May 2023
120,040
9,147
28,226
4,489
161,902


Additions
-
-
2,667
1,336
4,003



At 30 April 2024

120,040
9,147
30,893
5,825
165,905



Depreciation


At 1 May 2023
32,592
8,209
26,818
282
67,901


Charge for the year on owned assets
24,008
938
2,297
1,941
29,184



At 30 April 2024

56,600
9,147
29,115
2,223
97,085



Net book value



At 30 April 2024
63,440
-
1,778
3,602
68,820



At 30 April 2023
87,448
938
1,408
4,207
94,001


5.


Debtors

2024
2023
£
£


Trade debtors
138,585
293,001

Amounts owed by group undertakings
64,826
-

Prepayments and accrued income
12,137
12,137

215,548
305,138


Page 6

 
ACTUA SOLUTIONS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2024

6.


Cash and cash equivalents

2024
2023
£
£

Cash at bank and in hand
61,813
58,924

Less: bank overdrafts
-
(18,182)

61,813
40,742



7.


Creditors: Amounts falling due within one year

2024
2023
£
£

Bank overdrafts
-
18,182

Bank loans
23,001
32,500

Trade creditors
23,651
58,319

Amounts owed to group undertakings
-
11,390

Corporation tax
43,346
45,711

Other taxation and social security
50,704
81,405

Obligations under finance lease and hire purchase contracts
79,806
93,086

Other creditors
25,848
25,646

Accruals and deferred income
4,000
-

250,356
366,239



8.


Controlling party

The controlling party is not known.

 
Page 7