Caseware UK (AP4) 2024.0.164 2024.0.164 2024-04-302024-04-30No description of principal activityThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.true2false2023-05-012truefalse 14046725 2023-05-01 2024-04-30 14046725 2022-05-01 2023-04-30 14046725 2024-04-30 14046725 2023-04-30 14046725 c:Director2 2023-05-01 2024-04-30 14046725 d:PlantMachinery 2023-05-01 2024-04-30 14046725 d:PlantMachinery 2024-04-30 14046725 d:PlantMachinery 2023-04-30 14046725 d:PlantMachinery d:OwnedOrFreeholdAssets 2023-05-01 2024-04-30 14046725 d:CurrentFinancialInstruments 2024-04-30 14046725 d:CurrentFinancialInstruments 2023-04-30 14046725 d:CurrentFinancialInstruments d:WithinOneYear 2024-04-30 14046725 d:CurrentFinancialInstruments d:WithinOneYear 2023-04-30 14046725 d:ShareCapital 2024-04-30 14046725 d:ShareCapital 2023-04-30 14046725 d:RetainedEarningsAccumulatedLosses 2024-04-30 14046725 d:RetainedEarningsAccumulatedLosses 2023-04-30 14046725 c:FRS102 2023-05-01 2024-04-30 14046725 c:AuditExempt-NoAccountantsReport 2023-05-01 2024-04-30 14046725 c:FullAccounts 2023-05-01 2024-04-30 14046725 c:PrivateLimitedCompanyLtd 2023-05-01 2024-04-30 14046725 e:PoundSterling 2023-05-01 2024-04-30 iso4217:GBP xbrli:pure
Registered number: 14046725


ADTOWER GB LIMITED
FINANCIAL STATEMENTS
INFORMATION FOR FILING WITH THE REGISTRAR
FOR THE YEAR ENDED 30 APRIL 2024

 
ADTOWER GB LIMITED
REGISTERED NUMBER: 14046725

BALANCE SHEET
AS AT 30 APRIL 2024

2024
2023
Note
£
£

Fixed assets
  

Tangible assets
 4 
266,722
-

  
266,722
-

Current assets
  

Debtors: amounts falling due within one year
 5 
98,362
-

Cash at bank and in hand
 6 
1,295
1

  
99,657
1

Creditors: amounts falling due within one year
 7 
(432,865)
-

Net current (liabilities)/assets
  
 
 
(333,208)
 
 
1

Total assets less current liabilities
  
(66,486)
1

  

Net (liabilities)/assets
  
(66,486)
1


Capital and reserves
  

Called up share capital 
  
1
1

Profit and loss account
  
(66,487)
-

  
(66,486)
1


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 20 January 2025.




Gavin Jon Francis Worrell
Director

Page 1

 
ADTOWER GB LIMITED
REGISTERED NUMBER: 14046725

BALANCE SHEET (CONTINUED)
AS AT 30 APRIL 2024

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

Page 2

 
ADTOWER GB 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, and registered in England and Wales number 14046725 and registered office situated at 209 Blackfriars Road London SE1 8NL.

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:

Sale of goods

Revenue from the sale of goods is recognised when all of the following conditions are satisfied:
the Company has transferred the significant risks and rewards of ownership to the buyer;
the Company retains neither continuing managerial involvement to the degree usually associated with ownership nor effective control over the goods sold;
the amount of revenue can be measured reliably;
it is probable that the Company will receive the consideration due under the transaction; and
the costs incurred or to be incurred in respect of the transaction can be measured reliably.

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

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

 
ADTOWER GB LIMITED
 

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

2.Accounting policies (continued)


2.3
Tangible fixed assets (continued)

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:

Plant and machinery
-
17%
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. 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.

 
2.5

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.

 
2.6

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.


3.


Employees




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

Page 4

 
ADTOWER GB LIMITED
 

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

4.


Tangible fixed assets





Plant and machinery

£



Cost or valuation


Additions
292,000



At 30 April 2024

292,000



Depreciation


Charge for the year on owned assets
25,278



At 30 April 2024

25,278



Net book value



At 30 April 2024
266,722



At 30 April 2023
-


5.


Debtors

2024
2023
£
£


Trade debtors
47,279
-

Amounts owed by group undertakings
40,000
-

Other debtors
10,583
-

Prepayments and accrued income
500
-

98,362
-



6.


Cash and cash equivalents

2024
2023
£
£

Cash at bank and in hand
1,295
1

1,295
1


Page 5

 
ADTOWER GB LIMITED
 

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

7.


Creditors: Amounts falling due within one year

2024
2023
£
£

Trade creditors
46,263
-

Amounts owed to group undertakings
322,434
-

Accruals and deferred income
64,168
-

432,865
-


Included with amounts owed to group udnertakings is an amount of £322,434 due to Adtower Limited, the company's parent undertaking.


8.


Controlling party

The directors regards Adtower Limited (incorporated in Ireland) as being the immediate and ultimate parent undertaking and Vincent Whelan as being the ultimate controlling party.


Page 6