Caseware UK (AP4) 2024.0.164 2024.0.164 2025-01-312025-01-312024-02-01falseNo description of principal activity11truetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.false 07908563 2024-02-01 2025-01-31 07908563 2023-02-01 2024-01-31 07908563 2025-01-31 07908563 2024-01-31 07908563 c:Director1 2024-02-01 2025-01-31 07908563 d:Buildings 2024-02-01 2025-01-31 07908563 d:Buildings d:LongLeaseholdAssets 2024-02-01 2025-01-31 07908563 d:Buildings d:LongLeaseholdAssets 2025-01-31 07908563 d:Buildings d:LongLeaseholdAssets 2024-01-31 07908563 d:CurrentFinancialInstruments 2025-01-31 07908563 d:CurrentFinancialInstruments 2024-01-31 07908563 d:CurrentFinancialInstruments d:WithinOneYear 2025-01-31 07908563 d:CurrentFinancialInstruments d:WithinOneYear 2024-01-31 07908563 d:ShareCapital 2025-01-31 07908563 d:ShareCapital 2024-01-31 07908563 d:RetainedEarningsAccumulatedLosses 2025-01-31 07908563 d:RetainedEarningsAccumulatedLosses 2024-01-31 07908563 c:FRS102 2024-02-01 2025-01-31 07908563 c:AuditExempt-NoAccountantsReport 2024-02-01 2025-01-31 07908563 c:FullAccounts 2024-02-01 2025-01-31 07908563 c:PrivateLimitedCompanyLtd 2024-02-01 2025-01-31 07908563 2 2024-02-01 2025-01-31 07908563 e:PoundSterling 2024-02-01 2025-01-31 iso4217:GBP xbrli:pure

Registered number: 07908563










EASNEYE LIMITED








UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 31 JANUARY 2025

 
EASNEYE LIMITED
REGISTERED NUMBER: 07908563

STATEMENT OF FINANCIAL POSITION
AS AT 31 JANUARY 2025

2025
2024
Note
£
£

Fixed assets
  

Tangible assets
 4 
236,720
242,911

  
236,720
242,911

Current assets
  

Debtors: amounts falling due within one year
 5 
-
543

Cash at bank and in hand
  
8,243
7,714

  
8,243
8,257

Creditors: amounts falling due within one year
 6 
(114,793)
(135,494)

Net current liabilities
  
 
 
(106,550)
 
 
(127,237)

Total assets less current liabilities
  
130,170
115,674

  

Net assets
  
130,170
115,674


Capital and reserves
  

Called up share capital 
  
100
100

Profit and loss account
  
130,070
115,574

  
130,170
115,674


Page 1

 
EASNEYE LIMITED
REGISTERED NUMBER: 07908563
    
STATEMENT OF FINANCIAL POSITION (CONTINUED)
AS AT 31 JANUARY 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 year 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 10 March 2025.




M J Bradly Russell
Director

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

Page 2

 
EASNEYE LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 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 presentational currency of the Company is GBP.

The following principal accounting policies have been applied:

 
1.2

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.

 
1.3

Interest income

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

 
1.4

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.


 
1.5

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

 
EASNEYE LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2025

1.Accounting policies (continued)


1.5
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:

Freehold property
-
2%
Straight-line
L/Term Leasehold Property
-
2%
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.

 
1.6

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.

 
1.7

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.

 
1.8

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.

2.


General information

Easneye Limited is a private company, limited by shares and incorporated in England.
Its registered number is: 07908563
Its Registered Office is:
The Folly
Great Wymondley
Hitchin
Hertfordshire
SG4 7ET

Page 4

 
EASNEYE LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2025

3.


Employees

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


4.


Tangible fixed assets





L/Term Leasehold Property

£



Cost or valuation


At 1 February 2024
309,526



At 31 January 2025

309,526



Depreciation


At 1 February 2024
66,615


Charge for the year on owned assets
6,191



At 31 January 2025

72,806



Net book value



At 31 January 2025
236,720



At 31 January 2024
242,911

Page 5

 
EASNEYE LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2025

5.


Debtors

2025
2024
£
£


Trade debtors
-
543

-
543



6.


Creditors: Amounts falling due within one year

2025
2024
£
£

Payments received on account
-
1,028

Trade creditors
-
1,855

Corporation tax
4,853
4,613

Other taxation and social security
2,175
3,091

Other creditors
105,315
123,907

Accruals and deferred income
2,450
1,000

114,793
135,494


 
Page 6