Caseware UK (AP4) 2023.0.135 2023.0.135 2024-07-312024-07-31192023-08-01falseNo description of principal activity16truetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.false SC427914 2023-08-01 2024-07-31 SC427914 2022-08-01 2023-07-31 SC427914 2024-07-31 SC427914 2023-07-31 SC427914 c:Director1 2023-08-01 2024-07-31 SC427914 c:RegisteredOffice 2023-08-01 2024-07-31 SC427914 d:FurnitureFittings 2023-08-01 2024-07-31 SC427914 d:FurnitureFittings 2024-07-31 SC427914 d:FurnitureFittings 2023-07-31 SC427914 d:FurnitureFittings d:OwnedOrFreeholdAssets 2023-08-01 2024-07-31 SC427914 d:OfficeEquipment 2023-08-01 2024-07-31 SC427914 d:OfficeEquipment 2024-07-31 SC427914 d:OfficeEquipment 2023-07-31 SC427914 d:OfficeEquipment d:OwnedOrFreeholdAssets 2023-08-01 2024-07-31 SC427914 d:OwnedOrFreeholdAssets 2023-08-01 2024-07-31 SC427914 d:CurrentFinancialInstruments 2024-07-31 SC427914 d:CurrentFinancialInstruments 2023-07-31 SC427914 d:CurrentFinancialInstruments d:WithinOneYear 2024-07-31 SC427914 d:CurrentFinancialInstruments d:WithinOneYear 2023-07-31 SC427914 d:ShareCapital 2024-07-31 SC427914 d:ShareCapital 2023-07-31 SC427914 d:RetainedEarningsAccumulatedLosses 2024-07-31 SC427914 d:RetainedEarningsAccumulatedLosses 2023-07-31 SC427914 c:OrdinaryShareClass1 2023-08-01 2024-07-31 SC427914 c:OrdinaryShareClass1 2024-07-31 SC427914 c:OrdinaryShareClass1 2023-07-31 SC427914 c:FRS102 2023-08-01 2024-07-31 SC427914 c:AuditExempt-NoAccountantsReport 2023-08-01 2024-07-31 SC427914 c:FullAccounts 2023-08-01 2024-07-31 SC427914 c:PrivateLimitedCompanyLtd 2023-08-01 2024-07-31 SC427914 6 2023-08-01 2024-07-31 SC427914 e:PoundSterling 2023-08-01 2024-07-31 xbrli:shares iso4217:GBP xbrli:pure
Registered number: SC427914










AGILECADENCE LIMITED
DIRECTOR'S REPORT AND FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JULY 2024

 
AGILECADENCE LIMITED
 

COMPANY INFORMATION


Director
Mr J A Brentley 




Registered number
SC427914



Registered office
King James VI Business Centre
Friarton Road

Perth

PH2 8DY




Accountants
EQ Accountants Limited
Chartered Accountants

14 City Quay

Dundee

DD1 3JA





 
AGILECADENCE LIMITED
 

 
DIRECTOR'S REPORT
FOR THE YEAR ENDED 31 JULY 2024

The director presents his report and the financial statements for the year ended 31 July 2024.

Business review

The accounts for the year ended 31st July 2024 show positive and transformational results which reflect the many changes, investment, and strategic vision enacted during both this year and the prior year. This has been achieved through the hard work and dedication of our team.   
 
We have successfully transitioned into new markets with a broader range of products and services, whilst still developing our existing core offerings. Crucially, we will continue to invest in the very best consultant resources and their ongoing training and development which allows us to grow and continue to protect the quality of our offering for both existing and new customers alike.  

Page 1

 
AGILECADENCE LIMITED
REGISTERED NUMBER: SC427914

STATEMENT OF FINANCIAL POSITION
AS AT 31 JULY 2024

2024
2023
£
£

Fixed assets
  

Tangible assets
 4 
16,253
18,513

Investments
 5 
10,727
10,727

  
26,980
29,240

Current assets
  

Debtors: amounts falling due within one year
 6 
498,798
444,819

Cash at bank and in hand
  
563,061
287,922

  
1,061,859
732,741

Creditors: amounts falling due within one year
 7 
(535,338)
(350,751)

Net current assets
  
 
 
526,521
 
 
381,990

Total assets less current liabilities
  
553,501
411,230

Provisions for liabilities
  

Deferred tax
  
(4,063)
(2,683)

  
 
 
(4,063)
 
 
(2,683)

Net assets
  
549,438
408,547


Capital and reserves
  

Called up share capital 
  
10
10

Profit and loss account
  
549,428
408,537

  
549,438
408,547


Page 2

 
AGILECADENCE LIMITED
REGISTERED NUMBER: SC427914

STATEMENT OF FINANCIAL POSITION (CONTINUED)
AS AT 31 JULY 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 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 14 March 2025.




Mr J A Brentley
Director

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

Page 3

 
AGILECADENCE LIMITED
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JULY 2024

1.


General information

AgileCadence Limited is a private company, limited by shares, domiciled in Scotland with registration number SC427914. The registered office is King James VI Business Centre, Friarton Road, Perth, PH2 8DY.

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

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.

 
2.3

Government grants

Grants are accounted under the accruals model as permitted by FRS 102. Grants relating to expenditure on tangible fixed assets are credited to profit or loss at the same rate as the depreciation on the assets to which the grant relates. The deferred element of grants is included in creditors as deferred income.
Grants of a revenue nature are recognised in the Statement of Income and Retained Earnings in the same period as the related expenditure.

Page 4

 
AGILECADENCE LIMITED
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JULY 2024

2.Accounting policies (continued)

 
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 Statement of Financial Position. The assets of the plan are held separately from the Company in independently administered funds.

 
2.5

Current and deferred taxation

The tax expense for the year comprises current and deferred tax. 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.

Deferred tax balances are recognised in respect of all timing differences that have originated but not reversed by the reporting date, except that:
The recognition of deferred tax assets is limited to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits; and
Any deferred tax balances are reversed if and when all conditions for retaining associated tax allowances have been met.

Deferred tax balances are not recognised in respect of permanent differences except in respect of business combinations, when deferred tax is recognised on the differences between the fair values of assets acquired and the future tax deductions available for them and the differences between the fair values of liabilities acquired and the amount that will be assessed for tax. Deferred tax is determined using tax rates and laws that have been enacted or substantively enacted by the reporting date.

Page 5

 
AGILECADENCE LIMITED
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JULY 2024

2.Accounting policies (continued)

 
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, on a reducing balance basis.

Depreciation is provided on the following basis:

Fixtures and fittings
-
25-33%
Office equipment
-
25%

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

Valuation of investments

Investments in subsidiaries are measured at cost less accumulated impairment.

Investments in unlisted Company shares, whose market value can be reliably determined, are remeasured to market value at each reporting date. Gains and losses on remeasurement are recognised in the Statement of Income and Retained Earnings for the period. Where market value cannot be reliably determined, such investments are stated at historic cost less impairment.

 
2.8

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.


3.


Employees

The average monthly number of employees, including directors, during the year was 19 (2023 - 16).

Page 6

 
AGILECADENCE LIMITED
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JULY 2024

4.


Tangible fixed assets





Fixtures and fittings
Office equipment
Total

£
£
£



Cost or valuation


At 1 August 2023
9,416
29,280
38,696


Additions
-
10,156
10,156



At 31 July 2024

9,416
39,436
48,852



Depreciation


At 1 August 2023
7,633
12,550
20,183


Charge for the year on owned assets
1,074
11,342
12,416



At 31 July 2024

8,707
23,892
32,599



Net book value



At 31 July 2024
709
15,544
16,253



At 31 July 2023
1,783
16,730
18,513


5.


Fixed asset investments





Investments in subsidiary companies

£



Cost or valuation


At 1 August 2023
10,727



At 31 July 2024
10,727




Page 7

 
AGILECADENCE LIMITED
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JULY 2024

6.


Debtors

2024
2023
£
£


Trade debtors
419,435
400,309

Other debtors
7,172
14,189

Prepayments and accrued income
72,191
30,321

498,798
444,819



7.


Creditors: Amounts falling due within one year

2024
2023
£
£

Trade creditors
183,016
198,996

Other taxation and social security
195,406
43,452

Other creditors
25,412
17,816

Accruals and deferred income
131,504
90,487

535,338
350,751



8.


Share capital

2024
2023
£
£
Allotted, called up and fully paid



1,000 (2023 - 1,000) Ordinary shares of £0.01 each
10
10


Page 8