Caseware UK (AP4) 2023.0.135 2023.0.135 2024-06-302024-06-30false2023-07-01No description of principal activity22truetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.false 07158947 2023-07-01 2024-06-30 07158947 2022-07-01 2023-06-30 07158947 2024-06-30 07158947 2023-06-30 07158947 c:Director1 2023-07-01 2024-06-30 07158947 d:FurnitureFittings 2023-07-01 2024-06-30 07158947 d:FurnitureFittings 2024-06-30 07158947 d:FurnitureFittings 2023-06-30 07158947 d:FurnitureFittings d:OwnedOrFreeholdAssets 2023-07-01 2024-06-30 07158947 d:OfficeEquipment 2023-07-01 2024-06-30 07158947 d:OfficeEquipment 2024-06-30 07158947 d:OfficeEquipment 2023-06-30 07158947 d:OfficeEquipment d:OwnedOrFreeholdAssets 2023-07-01 2024-06-30 07158947 d:OwnedOrFreeholdAssets 2023-07-01 2024-06-30 07158947 d:Goodwill 2023-07-01 2024-06-30 07158947 d:Goodwill 2024-06-30 07158947 d:Goodwill 2023-06-30 07158947 d:FreeholdInvestmentProperty 2024-06-30 07158947 d:FreeholdInvestmentProperty 2023-06-30 07158947 d:FreeholdInvestmentProperty 2 2023-07-01 2024-06-30 07158947 d:CurrentFinancialInstruments 2024-06-30 07158947 d:CurrentFinancialInstruments 2023-06-30 07158947 d:CurrentFinancialInstruments d:WithinOneYear 2024-06-30 07158947 d:CurrentFinancialInstruments d:WithinOneYear 2023-06-30 07158947 d:ShareCapital 2024-06-30 07158947 d:ShareCapital 2023-06-30 07158947 d:RetainedEarningsAccumulatedLosses 2024-06-30 07158947 d:RetainedEarningsAccumulatedLosses 2023-06-30 07158947 c:FRS102 2023-07-01 2024-06-30 07158947 c:AuditExempt-NoAccountantsReport 2023-07-01 2024-06-30 07158947 c:FullAccounts 2023-07-01 2024-06-30 07158947 c:PrivateLimitedCompanyLtd 2023-07-01 2024-06-30 07158947 2 2023-07-01 2024-06-30 07158947 d:Goodwill d:OwnedIntangibleAssets 2023-07-01 2024-06-30 07158947 f:PoundSterling 2023-07-01 2024-06-30 iso4217:GBP xbrli:pure

Registered number: 07158947










RUFFDANCE LIMITED








UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 30 JUNE 2024

 
RUFFDANCE LIMITED
REGISTERED NUMBER:07158947

BALANCE SHEET
AS AT 30 JUNE 2024

2024
2023
Note
£
£

Fixed assets
  

Intangible assets
 4 
157,800
184,100

Tangible assets
 5 
511
950

Investment property
 6 
497,000
473,000

  
655,311
658,050

Current assets
  

Debtors: amounts falling due within one year
 7 
6,836
2,749

Cash at bank and in hand
 8 
3,021,116
2,701,660

  
3,027,952
2,704,409

Creditors: amounts falling due within one year
 9 
(385,884)
(303,042)

Net current assets
  
 
 
2,642,068
 
 
2,401,367

Total assets less current liabilities
  
3,297,379
3,059,417

  

Net assets
  
3,297,379
3,059,417


Capital and reserves
  

Called up share capital 
  
10
10

Profit and loss account
  
3,297,369
3,059,407

  
3,297,379
3,059,417


Page 1

 
RUFFDANCE LIMITED
REGISTERED NUMBER:07158947
    
BALANCE SHEET (CONTINUED)
AS AT 30 JUNE 2024

The Directors consider 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 Directors acknowledge their 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 by: 


................................................
P Darling
Director

Date: 14 March 2025

The notes on pages 3 to 8 form part of these financial statements.

Page 2

 
RUFFDANCE LIMITED
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2024

1.


General information

Ruffdance Limited is a private company, limited by shares, incorporated in England and Wales. The company's registered office is at 6th Floor, 2 London Wall Place, London, EC2Y 5AU. The company's registered number is 07158947.

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.

Page 3

 
RUFFDANCE LIMITED
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2024

2.Accounting policies (continued)

 
2.3

Intangible assets

Goodwill

Goodwill represents the difference between amounts paid on the cost of a business combination and the acquirer’s interest in the fair value of its identifiable assets and liabilities of the acquiree at the date of acquisition. Subsequent to initial recognition, goodwill is measured at cost less accumulated amortisation and accumulated impairment losses. Goodwill is amortised on a straight-line basis to the Statement of income and retained earnings over its useful economic life.

Other intangible assets

Intangible assets are initially recognised at cost. After recognition, under the cost model, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

All intangible assets are considered to have a finite useful life. If a reliable estimate of the useful life cannot be made, the useful life shall not exceed ten years.

 
2.4

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, using the straight-line method.

Depreciation is provided on the following basis:

Fixtures and fittings
-
15% on cost
Office equipment
-
25% on cost

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.

 
2.5

Investment property

Investment property is carried at fair value determined annually by external valuers and derived from the current market rents and investment property yields for comparable real estate, adjusted if necessary for any difference in the nature, location or condition of the specific asset. No depreciation is provided. Changes in fair value are recognised in profit or loss.

Page 4

 
RUFFDANCE LIMITED
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2024

2.Accounting policies (continued)

 
2.6

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.

 
2.7

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.

 
2.8

Foreign currency translation

Functional and presentation currency

The Company's functional and presentational currency is GBP.

Transactions and balances

Foreign currency transactions are translated into the functional currency using the spot exchange rates at the dates of the transactions.

At each period end foreign currency monetary items are translated using the closing rate. Non-monetary items measured at historical cost are translated using the exchange rate at the date of the transaction and non-monetary items measured at fair value are measured using the exchange rate when fair value was determined.

 
2.9

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.

 
2.10

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.

 
2.11

Interest income

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

Page 5

 
RUFFDANCE LIMITED
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2024

2.Accounting policies (continued)

 
2.12

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.



3.


Employees

The average monthly number of employees, including directors, during the year was 2 (2023 - 2).


4.


Intangible assets




Goodwill

£



Cost


At 1 July 2023
513,000



At 30 June 2024

513,000



Amortisation


At 1 July 2023
328,900


Charge for the year on owned assets
26,300



At 30 June 2024

355,200



Net book value



At 30 June 2024
157,800



At 30 June 2023
184,100



Page 6

 
RUFFDANCE LIMITED
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2024

5.


Tangible fixed assets





Fixtures and fittings
Office equipment
Total

£
£
£



Cost


At 1 July 2023
15,047
6,050
21,097



At 30 June 2024

15,047
6,050
21,097



Depreciation


At 1 July 2023
14,922
5,225
20,147


Charge for the year on owned assets
27
412
439



At 30 June 2024

14,949
5,637
20,586



Net book value



At 30 June 2024
98
413
511



At 30 June 2023
125
825
950


6.


Investment property


Freehold investment property

£



Valuation


At 1 July 2023
473,000


Surplus on revaluation
24,000



At 30 June 2024
497,000

The 2024 valuations were made by the directors, on an open market value for existing use basis.



Page 7

 
RUFFDANCE LIMITED
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2024

7.


Debtors

2024
2023
£
£


Other debtors
67
-

Prepayments and accrued income
6,769
2,749

6,836
2,749



8.


Cash and cash equivalents

2024
2023
£
£

Cash at bank and in hand
3,021,116
2,701,660

3,021,116
2,701,660



9.


Creditors: Amounts falling due within one year

2024
2023
£
£

Corporation tax
116,096
34,434

Other taxation and social security
9,367
7,960

Other creditors
256,747
258,143

Accruals and deferred income
3,674
2,505

385,884
303,042


 
Page 8