Caseware UK (AP4) 2023.0.135 2023.0.135 2024-12-312024-12-312024-05-15falsetrueNo description of principal activitytrue2The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.false 15721490 2024-05-14 15721490 2024-05-15 2024-12-31 15721490 2023-05-15 2024-05-14 15721490 2024-12-31 15721490 c:Director1 2024-05-15 2024-12-31 15721490 d:ComputerEquipment 2024-05-15 2024-12-31 15721490 d:ComputerEquipment 2024-12-31 15721490 d:ComputerEquipment d:OwnedOrFreeholdAssets 2024-05-15 2024-12-31 15721490 d:CurrentFinancialInstruments 2024-12-31 15721490 d:Non-currentFinancialInstruments 2024-12-31 15721490 d:CurrentFinancialInstruments d:WithinOneYear 2024-12-31 15721490 d:ShareCapital 2024-12-31 15721490 d:RetainedEarningsAccumulatedLosses 2024-12-31 15721490 c:FRS102 2024-05-15 2024-12-31 15721490 c:AuditExempt-NoAccountantsReport 2024-05-15 2024-12-31 15721490 c:FullAccounts 2024-05-15 2024-12-31 15721490 c:PrivateLimitedCompanyLtd 2024-05-15 2024-12-31 15721490 2 2024-05-15 2024-12-31 15721490 e:PoundSterling 2024-05-15 2024-12-31 iso4217:GBP xbrli:pure

Registered number: 15721490









COBALT BLUE 1802 LIMITED







UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE PERIOD ENDED 31 DECEMBER 2024

 
COBALT BLUE 1802 LIMITED
REGISTERED NUMBER: 15721490

BALANCE SHEET
AS AT 31 DECEMBER 2024

2024
Note
£

Fixed assets
  

Tangible assets
 4 
7,214

  
7,214

Current assets
  

Debtors: amounts falling due after more than one year
  
456

Cash at bank and in hand
 6 
62,719

  
63,175

Creditors: amounts falling due within one year
 7 
(52,221)

Net current assets
  
 
 
10,954

Total assets less current liabilities
  
18,168

  

Net assets
  
18,168


Capital and reserves
  

Called up share capital 
  
1

Profit and loss account
  
18,167

  
18,168


Page 1

 
COBALT BLUE 1802 LIMITED
REGISTERED NUMBER: 15721490
    
BALANCE SHEET (CONTINUED)
AS AT 31 DECEMBER 2024

The director considers 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 period in question in accordance with section 476 of the Companies Act 2006.

The director acknowledges her 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 26 February 2025.




G Borneman-Street
Director

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

Page 2

 
COBALT BLUE 1802 LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 DECEMBER 2024

1.


General information

Cobalt Blue 1802 Limited is a private company limited by share capital, incorporated in England and Wales, registration number 15721490. The address of the registered office is 20 Wenlock Road, London, N1 7GU.

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

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.

Page 3

 
COBALT BLUE 1802 LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 DECEMBER 2024

2.Accounting policies (continued)

 
2.5

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.


 
2.6

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:

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.

 
2.7

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.

 
2.8

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 4

 
COBALT BLUE 1802 LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 DECEMBER 2024

3.


Employees

2024
£

Wages and salaries
72,570

Social security costs
2,624

Cost of defined contribution scheme
4,000

79,194


The average monthly number of employees, including directors, during the period was 2.


4.


Tangible fixed assets





Computer equipment

£



Cost or valuation


Additions
7,591



At 31 December 2024

7,591



Depreciation


Charge for the period on owned assets
377



At 31 December 2024

377



Net book value



At 31 December 2024
7,214


5.


Debtors

2024
£

Due after more than one year

Other debtors
456

456


Page 5

 
COBALT BLUE 1802 LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 DECEMBER 2024

6.


Cash and cash equivalents

2024
£

Cash at bank and in hand
62,719

62,719



7.


Creditors: Amounts falling due within one year

2024
£

Corporation tax
2,678

Other taxation and social security
17,069

Other creditors
26,321

Accruals and deferred income
6,153

52,221


 
Page 6