Caseware UK (AP4) 2023.0.135 2023.0.135 2024-07-312024-07-31false2023-08-01Environmental consulting11falsetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.false 12106934 2023-08-01 2024-07-31 12106934 2022-08-01 2023-07-31 12106934 2024-07-31 12106934 2023-07-31 12106934 c:Director1 2023-08-01 2024-07-31 12106934 d:ComputerEquipment 2023-08-01 2024-07-31 12106934 d:ComputerEquipment 2024-07-31 12106934 d:ComputerEquipment 2023-07-31 12106934 d:CurrentFinancialInstruments 2024-07-31 12106934 d:CurrentFinancialInstruments 2023-07-31 12106934 d:CurrentFinancialInstruments d:WithinOneYear 2024-07-31 12106934 d:CurrentFinancialInstruments d:WithinOneYear 2023-07-31 12106934 d:ShareCapital 2024-07-31 12106934 d:ShareCapital 2023-07-31 12106934 d:RetainedEarningsAccumulatedLosses 2024-07-31 12106934 d:RetainedEarningsAccumulatedLosses 2023-07-31 12106934 c:FRS102 2023-08-01 2024-07-31 12106934 c:AuditExempt-NoAccountantsReport 2023-08-01 2024-07-31 12106934 c:FullAccounts 2023-08-01 2024-07-31 12106934 c:PrivateLimitedCompanyLtd 2023-08-01 2024-07-31 12106934 e:PoundSterling 2023-08-01 2024-07-31 iso4217:GBP xbrli:pure

Registered number: 12106934










KORE COMPLIANCE LTD








UNAUDITED

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 JULY 2024

 
KORE COMPLIANCE LTD
REGISTERED NUMBER: 12106934

BALANCE SHEET
AS AT 31 JULY 2024

2024
2023
Note
£
£

Fixed assets
  

Tangible assets
 4 
-
-

Current assets
  

Debtors: amounts falling due within one year
 5 
5,304
14,238

Cash at bank and in hand
  
4,094
17,372

  
9,398
31,610

Creditors: amounts falling due within one year
 6 
(7,956)
(16,362)

Net current assets
  
 
 
1,442
 
 
15,248

Total assets less current liabilities
  
1,442
15,248

  

Net assets
  
1,442
15,248


Capital and reserves
  

Called up share capital 
  
100
100

Profit and loss account
  
1,342
15,148

  
1,442
15,248


Page 1

 
KORE COMPLIANCE LTD
REGISTERED NUMBER: 12106934
    
BALANCE SHEET (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 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 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 13 March 2025.




K Himmler
Director

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

Page 2

 
KORE COMPLIANCE LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JULY 2024

1.


General information

Kore Compliance Ltd is a private company limited by shares, incorporated in England and Wales (registered number: 01234567). Its registered office is 59 Wadsley Lane, Sheffield, S6 4EA. The principal activity of the Company throughout the year continued to be that of environmental consulting activities.

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 Company's functional and presentation currency is pounds sterling. 

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.

Page 3

 
KORE COMPLIANCE LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JULY 2024

2.Accounting policies (continued)

 
2.3

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 the Statement of Income and Retained Earnings.

 
2.4

Financial instruments

The company only enters into basic financial instrument transactions that result in the recognition of financial assets and liabilities such as bank and cash balances, trade and other accounts receivable and payable, loans from banks and other third parties and loans to and from related parties.
Debt instruments (other than those wholly repayable or receivable within one year), including loans and other accounts receivable and payable, are initially measured at the transaction price and subsequently at amortised cost using the effective interest method. Debt instruments that are payable or receivable within one year, typically trade payables or receivables, are measured, initially and subsequently, at the undiscounted amount of the cash or other consideration expected to be paid or received. However, if the arrangements of a short-term instrument constitute a financing transaction, the financial asset or liability is measured, initially, at the present value of the future cash flow discounted at a market rate of interest for a similar debt instrument and subsequently at amortised cost.
Financial assets and liabilities are offset and the net amount reported in the Balance Sheet when there is an enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

 
2.5

Current taxation

Tax is recognised in the Statement of Income and Retained Earnings.

The current 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.


Page 4

 
KORE COMPLIANCE LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JULY 2024

3.


Employees

The average monthly number of employees, including directors, during the year was 1 (2023 - 1).


4.


Tangible fixed assets





Computer equipment

£



Cost or valuation


At 1 August 2023
409



At 31 July 2024

409



Depreciation


At 1 August 2023
409



At 31 July 2024

409



Net book value



At 31 July 2024
-



At 31 July 2023
-


5.


Debtors

2024
2023
£
£


Trade debtors
5,271
14,238

Prepayments and accrued income
33
-

5,304
14,238


Page 5

 
KORE COMPLIANCE LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JULY 2024

6.


Creditors: Amounts falling due within one year

2024
2023
£
£

Trade creditors
-
45

Corporation tax
4,512
11,895

Other taxation and social security
2,266
3,439

Other creditors
516
353

Accruals and deferred income
662
630

7,956
16,362


 
Page 6