Caseware UK (AP4) 2023.0.135 2023.0.135 true2023-10-01falseNo description of principal activity55trueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. 08211652 2023-10-01 2024-09-30 08211652 2022-10-01 2023-09-30 08211652 2024-09-30 08211652 2023-09-30 08211652 2022-10-01 08211652 c:Director2 2023-10-01 2024-09-30 08211652 d:OfficeEquipment 2023-10-01 2024-09-30 08211652 d:OfficeEquipment 2024-09-30 08211652 d:OfficeEquipment 2023-09-30 08211652 d:OfficeEquipment d:OwnedOrFreeholdAssets 2023-10-01 2024-09-30 08211652 d:ComputerEquipment 2023-10-01 2024-09-30 08211652 d:ComputerEquipment 2024-09-30 08211652 d:ComputerEquipment 2023-09-30 08211652 d:ComputerEquipment d:OwnedOrFreeholdAssets 2023-10-01 2024-09-30 08211652 d:OwnedOrFreeholdAssets 2023-10-01 2024-09-30 08211652 d:CurrentFinancialInstruments 2024-09-30 08211652 d:CurrentFinancialInstruments 2023-09-30 08211652 d:CurrentFinancialInstruments d:WithinOneYear 2024-09-30 08211652 d:CurrentFinancialInstruments d:WithinOneYear 2023-09-30 08211652 d:ShareCapital 2023-10-01 2024-09-30 08211652 d:ShareCapital 2024-09-30 08211652 d:ShareCapital 2022-10-01 2023-09-30 08211652 d:ShareCapital 2023-09-30 08211652 d:ShareCapital 2022-10-01 08211652 d:SharePremium 2023-10-01 2024-09-30 08211652 d:SharePremium 2024-09-30 08211652 d:SharePremium 2022-10-01 2023-09-30 08211652 d:SharePremium 2023-09-30 08211652 d:SharePremium 2022-10-01 08211652 d:CapitalRedemptionReserve 2023-10-01 2024-09-30 08211652 d:CapitalRedemptionReserve 2024-09-30 08211652 d:CapitalRedemptionReserve 2022-10-01 2023-09-30 08211652 d:CapitalRedemptionReserve 2023-09-30 08211652 d:CapitalRedemptionReserve 2022-10-01 08211652 d:RetainedEarningsAccumulatedLosses 2023-10-01 2024-09-30 08211652 d:RetainedEarningsAccumulatedLosses 2024-09-30 08211652 d:RetainedEarningsAccumulatedLosses 2022-10-01 2023-09-30 08211652 d:RetainedEarningsAccumulatedLosses 2023-09-30 08211652 d:RetainedEarningsAccumulatedLosses 2022-10-01 08211652 c:FRS102 2023-10-01 2024-09-30 08211652 c:AuditExempt-NoAccountantsReport 2023-10-01 2024-09-30 08211652 c:FullAccounts 2023-10-01 2024-09-30 08211652 c:PrivateLimitedCompanyLtd 2023-10-01 2024-09-30 08211652 2 2023-10-01 2024-09-30 08211652 4 2024-09-30 08211652 4 2023-09-30 08211652 f:PoundSterling 2023-10-01 2024-09-30 iso4217:GBP xbrli:pure


















Ryedale Europe Limited























Unaudited

Financial statements



For the year ended 30 September 2024



Registered number: 08211652

 
Ryedale Europe Limited - Registered number:08211652


Statement of financial position
As at 30 September 2024

As restated
As restated
2024
2024
2023
2023
Note
£
£
£
£

Fixed assets
  

Tangible fixed assets
 4 
1,185
814

Investments
 5 
1,816
1,816

  
3,001
2,630

Current assets
  

Debtors
 6 
4,446
5,059

Cash at bank and in hand
  
1,081,681
1,297,742

  
1,086,127
1,302,801

Creditors: amounts falling due within one year
 7 
(211,987)
(196,148)

Net current assets
  
 
 
874,140
 
 
1,106,653

Total assets less current liabilities
  
877,141
1,109,283

  

Net assets
  
877,141
1,109,283


Capital and reserves
  

Share capital
  
107
107

Share premium account
  
149,995
149,995

Capital redemption reserve
  
101
101

Profit and loss account
  
726,938
959,080

  
877,141
1,109,283


Page 1

 
Ryedale Europe Limited - Registered number:08211652


Statement of financial position (continued)
As at 30 September 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 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 by: 




J D Rushman
Director

Date: 3 February 2025

The notes on pages 4 to 8 form part of these financial statements.

Page 2

 
Ryedale Europe Limited
 


Statement of changes in equity
For the year ended 30 September 2024


Share capital
Share premium account
Capital redemption reserve
Profit and loss account
Total equity

£
£
£
£
£


At 1 October 2022
105
149,995
101
974,203
1,124,404


Comprehensive income for the year

Profit for the year
-
-
-
58,027
58,027
Total comprehensive income for the year
-
-
-
58,027
58,027


Contributions by and distributions to owners

Dividends: Equity capital
-
-
-
(73,150)
(73,150)

Shares issued during the year
2
-
-
-
2


Total transactions with owners
2
-
-
(73,150)
(73,148)



At 1 October 2023
107
149,995
101
959,080
1,109,283


Comprehensive income for the year

Profit for the year
-
-
-
75,107
75,107
Total comprehensive income for the year
-
-
-
75,107
75,107


Contributions by and distributions to owners

Dividends: Equity capital
-
-
-
(73,145)
(73,145)

Purchase of own shares
-
-
-
(234,104)
(234,104)


Total transactions with owners
-
-
-
(307,249)
(307,249)


At 30 September 2024
107
149,995
101
726,938
877,141


The notes on pages 4 to 8 form part of these financial statements.

Page 3

 
Ryedale Europe Limited
 
 

Notes to the financial statements
For the year ended 30 September 2024

1.


General information

Ryedale Europe Limited is a private company, limited by shares, registered in England and Wales. The company's registration number is 08211652 and the registered office address is Lower Farm East End, Furneux Pelham,
Buntingford, Hertfordshire, SG9 0JT. The company's trading address is 34b York Way, King's Cross, London, N1 9AB.

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 Section 1A of Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and Republic of Ireland ('FRS 102') 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 judgement in applying the company's accounting policies.

The following principal accounting policies have been applied:

 
2.2

Foreign currency translation

Functional and presentation currency

The company's functional and presentational currency is GBP.

Transactions and balances

Foreign currency transactions are translated into the functional currency using the spot exchange rates at the dates of the transactions.

At each period end foreign currency monetary items are translated using the closing rate. Non-monetary items measured at historical cost are translated using the exchange rate at the date of the transaction and non-monetary items measured at fair value are measured using the exchange rate when fair value was determined.

  
2.3

Exemption from preparing consolidated finanical statements

The company, and the group headed by it, qualify as small as set out in section 383 of the Companies Act 2006 and the parent and group are considered eligible for the exemption to prepare consolidated accounts.

Page 4

 
Ryedale Europe Limited
 

Notes to the financial statements
For the year ended 30 September 2024

2.Accounting policies (continued)

 
2.4

Turnover

Turnover is recognised to the extent that it is probable that the economic benefits will flow to the company and the turnover can be reliably measured. Turnover 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 turnover is recognised:

Rendering of services

Turnover 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 turnover 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

Operating leases: the company as lessee

Rentals paid under operating leases are charged to profit or loss on a straight-line basis over the lease term.

 
2.6

Interest income

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

 
2.7

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 Statement of financial position. The assets of the plan are held separately from the company in independently administered funds.

 
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 reporting date in the countries where the company operates and generates income.

  
2.9

Valuation of investments

Investments in subsidiaries are measured at cost less accumulated impairment.

Page 5

 
Ryedale Europe Limited
 

Notes to the financial statements
For the year ended 30 September 2024

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.

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
-
20%
straight line
Computer equipment
-
25%
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. 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.

 
2.12

Cash

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. 

 
2.13

Creditors

Short-term creditors are measured at the transaction price. Other financial liabilities are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

  
2.14

Financial instruments

The company only enters into basic financial instruments transactions that result in the recognition of
financial assets and liabilities like trade and other debtors and creditors, loans from banks and other third
parties and loans to related parties.

 
2.15

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 6

 
Ryedale Europe Limited
 
 

Notes to the financial statements
For the year ended 30 September 2024

3.


Employees

The average monthly number of employees, including directors, during the year was 5 (2023 -5).


4.


Tangible fixed assets





Office equipment
Computer equipment
Total

£
£
£



Cost or valuation


At 1 October 2023
1,182
10,025
11,207


Additions
-
856
856



At 30 September 2024

1,182
10,881
12,063



Depreciation


At 1 October 2023
1,182
9,211
10,393


Charge for the year
-
485
485



At 30 September 2024

1,182
9,696
10,878



Net book value



At 30 September 2024
-
1,185
1,185



At 30 September 2023
-
814
814


5.


Fixed asset investments





Investments in subsidiary companies

£





At 1 October 2023
1,816






Net book value



At 30 September 2024
1,816



At 30 September 2023
1,816

Page 7

 
Ryedale Europe Limited
 
 

Notes to the financial statements
For the year ended 30 September 2024

6.


Debtors

As restated
2024
2023
£
£


Other debtors
4,446
5,059

4,446
5,059



7.


Creditors: amounts falling due within one year

As restated
2024
2023
£
£

Trade creditors
4,215
1,022

Amounts owed to group undertakings
158,204
149,278

Corporation tax
25,293
26,271

Other taxation and social security
17,653
13,528

Other creditors
272
514

Accruals
6,350
5,535

211,987
196,148



8.


Pension commitments

The company operates a defined contribution pension scheme. The assets of the scheme are held separately from
those of the company in independently administered funds. The pension cost charge represents contributions
payable by the company to the fund and amounted to £1,983 (2023: £2,826). Contributions totalling £272
(2023: £514) were payable to the fund at the reporting date and are included in creditors.


9.


Prior year adjustment

During the year, the company was made aware that corporation tax liability had been incorrectly recorded in the prior year.
Adjusting for this error relating to the prior year had the following impact in the year ended 30 September 2023:
- Reduced corporation tax asset by £26,271
- Increased corporation tax liability by £26,271
- Correction of corporation tax charge to the profit and loss by removing credit of £26,271 and including charge of £26,271.


Page 8