Caseware UK (AP4) 2023.0.135 2023.0.135 2025-02-282025-02-28false12024-08-01No description of principal activity1truetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.false 02212213 2024-08-01 2025-02-28 02212213 2023-08-01 2024-07-31 02212213 2025-02-28 02212213 2024-07-31 02212213 c:Director1 2024-08-01 2025-02-28 02212213 d:FurnitureFittings 2024-08-01 2025-02-28 02212213 d:FurnitureFittings 2025-02-28 02212213 d:FurnitureFittings 2024-07-31 02212213 d:FurnitureFittings d:OwnedOrFreeholdAssets 2024-08-01 2025-02-28 02212213 d:ComputerEquipment 2024-08-01 2025-02-28 02212213 d:ComputerEquipment 2025-02-28 02212213 d:ComputerEquipment 2024-07-31 02212213 d:ComputerEquipment d:OwnedOrFreeholdAssets 2024-08-01 2025-02-28 02212213 d:OwnedOrFreeholdAssets 2024-08-01 2025-02-28 02212213 d:CurrentFinancialInstruments 2025-02-28 02212213 d:CurrentFinancialInstruments 2024-07-31 02212213 d:CurrentFinancialInstruments d:WithinOneYear 2025-02-28 02212213 d:CurrentFinancialInstruments d:WithinOneYear 2024-07-31 02212213 d:ShareCapital 2025-02-28 02212213 d:ShareCapital 2024-07-31 02212213 d:RetainedEarningsAccumulatedLosses 2025-02-28 02212213 d:RetainedEarningsAccumulatedLosses 2024-07-31 02212213 c:FRS102 2024-08-01 2025-02-28 02212213 c:AuditExempt-NoAccountantsReport 2024-08-01 2025-02-28 02212213 c:FullAccounts 2024-08-01 2025-02-28 02212213 c:PrivateLimitedCompanyLtd 2024-08-01 2025-02-28 02212213 e:PoundSterling 2024-08-01 2025-02-28 iso4217:GBP xbrli:pure

Registered number: 02212213









CORDROPE LIMITED







UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE PERIOD ENDED 28 FEBRUARY 2025

 
CORDROPE LIMITED
REGISTERED NUMBER: 02212213

STATEMENT OF FINANCIAL POSITION
AS AT 28 FEBRUARY 2025

28 February
31 July
2025
2024
Note
£
£

Fixed assets
  

Tangible assets
 3 
-
126

  
-
126

Current assets
  

Debtors: amounts falling due within one year
 4 
14,783
-

Cash at bank and in hand
  
9,920
21,714

  
24,703
21,714

Creditors: amounts falling due within one year
 5 
(2,777)
(6,350)

Net current assets
  
 
 
21,926
 
 
15,364

Total assets less current liabilities
  
21,926
15,490

  

Net assets
  
21,926
15,490


Capital and reserves
  

Called up share capital 
  
100
100

Profit and loss account
  
21,826
15,390

  
21,926
15,490


Page 1

 
CORDROPE LIMITED
REGISTERED NUMBER: 02212213
    
STATEMENT OF FINANCIAL POSITION (CONTINUED)
AS AT 28 FEBRUARY 2025

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 his 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 5 March 2025.


J Cohen
Director

The notes on pages 3 to 5 form part of these financial statements.

Page 2

 
CORDROPE LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 28 FEBRUARY 2025

1.Accounting policies

 
1.1

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:

 
1.2

Revenue

Revenue represents fees for music services and 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. Revenue is recognised at the point at which the service has been performed. 

 
1.3

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.

 
1.4

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.

Depreciation is provided on the following basis:

Fixtures, fittings & equipment
-
25% reducing balance
Computer equipment
-
3 years straight line

 
1.5

Debtors

Short term debtors are measured at transaction price, less any impairment.

 
1.6

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.

Page 3

 
CORDROPE LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 28 FEBRUARY 2025

1.Accounting policies (continued)

 
1.7

Creditors

Short term creditors are measured at the transaction price.

 
1.8

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.


2.


Employees

The average monthly number of employees, including directors, during the period was 1 (2024 - 1).


3.


Tangible fixed assets







Fixtures & fittings
Computer equipment
Total

£
£
£



Cost or valuation


At 1 August 2024
86,907
3,617
90,524



At 28 February 2025

86,907
3,617
90,524



Depreciation


At 1 August 2024
86,781
3,617
90,398


Charge for the period on owned assets
126
-
126



At 28 February 2025

86,907
3,617
90,524



Net book value



At 28 February 2025
-
-
-



At 31 July 2024
126
-
126

Page 4

 
CORDROPE LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 28 FEBRUARY 2025

4.


Debtors

28 February
31 July
2025
2024
£
£


Other debtors
14,783
-

14,783
-



5.


Creditors: Amounts falling due within one year

28 February
31 July
2025
2024
£
£

Corporation tax
-
949

Other taxation and social security
-
2,747

Other creditors
-
154

Accruals and deferred income
2,777
2,500

2,777
6,350



6.


Related party transactions

At the balance sheet date, the director owed  £14,783  to the company (2024: £154 - company owed to the director).

 
Page 5