Caseware UK (AP4) 2023.0.135 2023.0.135 2024-08-312024-08-312023-09-012false3Providing online music tuitiontruetruefalse 09387689 2023-09-01 2024-08-31 09387689 2022-06-01 2023-08-31 09387689 2024-08-31 09387689 2023-08-31 09387689 c:Director3 2023-09-01 2024-08-31 09387689 d:CurrentFinancialInstruments 2024-08-31 09387689 d:CurrentFinancialInstruments 2023-08-31 09387689 d:CurrentFinancialInstruments d:WithinOneYear 2024-08-31 09387689 d:CurrentFinancialInstruments d:WithinOneYear 2023-08-31 09387689 d:ShareCapital 2024-08-31 09387689 d:ShareCapital 2023-08-31 09387689 d:RetainedEarningsAccumulatedLosses 2024-08-31 09387689 d:RetainedEarningsAccumulatedLosses 2023-08-31 09387689 c:EntityNoLongerTradingButTradedInPast 2023-09-01 2024-08-31 09387689 c:FRS102 2023-09-01 2024-08-31 09387689 c:Audited 2023-09-01 2024-08-31 09387689 c:FullAccounts 2023-09-01 2024-08-31 09387689 c:PrivateLimitedCompanyLtd 2023-09-01 2024-08-31 09387689 c:SmallCompaniesRegimeForAccounts 2023-09-01 2024-08-31 09387689 e:PoundSterling 2023-09-01 2024-08-31 iso4217:GBP xbrli:pure
Registered number: 09387689






ICMP ONLINE LIMITED
FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 AUGUST 2024










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ICMP ONLINE LIMITED
REGISTERED NUMBER:09387689

BALANCE SHEET
AS AT 31 AUGUST 2024

2024
2023
Note
£
£

  

Current assets
  

Debtors: amounts falling due within one year
 4 
-
970

Cash at bank and in hand
 5 
37,160
29,393

  
37,160
30,363

Creditors: amounts falling due within one year
 6 
(37,160)
(238,094)

Net current assets/(liabilities)
  
 
 
-
 
 
(207,731)

Total assets less current liabilities
  
-
(207,731)

  

Net assets/(liabilities)
  
-
(207,731)


Capital and reserves
  

Called up share capital 
  
970
970

Profit and loss account
  
(970)
(208,701)

  
-
(207,731)


The company's financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

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 by the board and were signed on its behalf by: 




S A Davies
Director

Date: 13 February 2025

Page 1

 
ICMP ONLINE LIMITED
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 AUGUST 2024

1.


General information

ICMP Online Limited is a private company limited by shares, incorporated in England and Wales. Its registered office is 1B Dyne Road, London, NW6 7XG.
The principal activity of the company continued to be that of a dormant entity. As referred to in note 2.3, the trade was transferred to a fellow group company in the prior period.

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 Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006.

The preparation of financial statements in compliance with FRS 102 requires the use of certain critical accounting estimates. It also requires management to exercise judgment in applying the company's accounting policies.

The following principal accounting policies have been applied:

 
2.2

Financial Reporting Standard 102 - reduced disclosure exemptions

The company has taken advantage of the following disclosure exemptions in preparing these financial statements, as permitted by the FRS 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland":
the requirements of Section 33 Related Party Disclosures paragraph 33.7.

This information is included in the consolidated financial statements of ADE UK Holding Ltd as at 31 August 2024 and these financial statements may be obtained from its registered office being SAE Institute, Georgia House, 38 Pall Mall, Liverpool, England, L3 6AL.

 
2.3

Going concern

The trade of the company was transferred to a fellow group entity on 1 June 2023. From the date the company became dormant and the financial statements have therefore been prepared on a basis other than the going concern.

Page 2

 
ICMP ONLINE LIMITED
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 AUGUST 2024

2.Accounting policies (continued)

 
2.4

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.

 
2.5

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.

 
2.6

Borrowing costs

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

 
2.7

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.

 
2.8

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.

 
2.9

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.

Page 3

 
ICMP ONLINE LIMITED
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 AUGUST 2024

3.


Employees

The average monthly number of employees, including the directors, during the period was as follows:


        2024
        2023
            No.
            No.







Directors
3
2


4.


Debtors

2024
2023
£
£


Other debtors
-
970

-
970



5.


Cash and cash equivalents

2024
2023
£
£

Cash at bank and in hand
37,160
29,393

37,160
29,393



6.


Creditors: Amounts falling due within one year

2024
2023
£
£

Other loans
-
218,225

Amounts owed to group undertakings
37,160
15,547

Accruals and deferred income
-
4,322

37,160
238,094


Page 4

 
ICMP ONLINE LIMITED
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 AUGUST 2024

7.


Related party transactions

At the balance sheet date the company owed £Nil (2023: £218,225) to a Pension Scheme controlled by A P Kirkham.  Interest is payable at 6% and £375 (2023: £10,875) was charged to the profit and loss account in the year.
The parent company of the smallest group to prepare consolidated financial statements is ADE UK Holding Ltd, its registered office being SAE Institute Georgia House, 38 Pall Mall, Liverpool, England, L3
6AL.


8.


Auditors' information

The auditors' report on the financial statements for the period ended 31 August 2024 was unqualified.

In their report, the auditors emphasised the following matter without qualifying their report:
Attention is drawn to Note 2.3 to the financial statements which explains that the trade of the company was transferred to a fellow group entity resulting in the company becoming dormant. The directors therefore do not consider it to be appropriate to adopt the going concern basis of accounting in preparing the financial statements. Accordingly, the financial statements have been prepared on a basis other than going concern. The opinion is not modified in respect of this matter.

The audit report was signed on 13 February 2025 by Mark Taylor (Senior statutory auditor) on behalf of Venthams.

Page 5