Caseware UK (AP4) 2023.0.135 2023.0.135 2024-09-302024-09-30No description of principal activity2023-10-01false22truetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.false 08128663 2023-10-01 2024-09-30 08128663 2022-10-01 2023-09-30 08128663 2024-09-30 08128663 2023-09-30 08128663 c:Director1 2023-10-01 2024-09-30 08128663 d:Buildings 2023-10-01 2024-09-30 08128663 d:Buildings 2024-09-30 08128663 d:Buildings 2023-09-30 08128663 d:Buildings d:OwnedOrFreeholdAssets 2023-10-01 2024-09-30 08128663 d:OfficeEquipment 2023-10-01 2024-09-30 08128663 d:OfficeEquipment 2024-09-30 08128663 d:OfficeEquipment 2023-09-30 08128663 d:OfficeEquipment d:OwnedOrFreeholdAssets 2023-10-01 2024-09-30 08128663 d:OwnedOrFreeholdAssets 2023-10-01 2024-09-30 08128663 d:CurrentFinancialInstruments 2024-09-30 08128663 d:CurrentFinancialInstruments 2023-09-30 08128663 d:CurrentFinancialInstruments d:WithinOneYear 2024-09-30 08128663 d:CurrentFinancialInstruments d:WithinOneYear 2023-09-30 08128663 d:ShareCapital 2024-09-30 08128663 d:ShareCapital 2023-09-30 08128663 d:RetainedEarningsAccumulatedLosses 2024-09-30 08128663 d:RetainedEarningsAccumulatedLosses 2023-09-30 08128663 c:FRS102 2023-10-01 2024-09-30 08128663 c:AuditExempt-NoAccountantsReport 2023-10-01 2024-09-30 08128663 c:FullAccounts 2023-10-01 2024-09-30 08128663 c:PrivateLimitedCompanyLtd 2023-10-01 2024-09-30 08128663 d:AcceleratedTaxDepreciationDeferredTax 2024-09-30 08128663 d:AcceleratedTaxDepreciationDeferredTax 2023-09-30 08128663 e:PoundSterling 2023-10-01 2024-09-30 iso4217:GBP xbrli:pure
Registered number: 08128663









SEESWELL LIMITED

UNAUDITED

FINANCIAL STATEMENTS
INFORMATION FOR FILING WITH THE REGISTRAR

YEAR ENDED 30 SEPTEMBER 2024

 
SEESWELL LIMITED
REGISTERED NUMBER: 08128663

BALANCE SHEET
AS AT 30 SEPTEMBER 2024

2024
2023
Note
£
£

Fixed assets
  

Tangible assets
 4 
11,579
11,833

Current assets
  

Cash at bank and in hand
  
2,103
2,730

  
2,103
2,730

Creditors: amounts falling due within one year
 5 
(3,138)
(4,346)

Net current liabilities
  
 
 
(1,035)
 
 
(1,616)

Total assets less current liabilities
  
10,544
10,217

Provisions for liabilities
  

Deferred tax
 6 
851
808

Net assets
  
9,693
9,409


Capital and reserves
  

Called up share capital 
  
100
100

Profit and loss account
  
9,593
9,309

  
9,693
9,409


Page 1

 
SEESWELL LIMITED
REGISTERED NUMBER: 08128663

BALANCE SHEET (CONTINUED)
AS AT 30 SEPTEMBER 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 profit and loss account 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 21 March 2025.



................................................
T E Sewell
Director

Page 2

 
SEESWELL LIMITED
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2024

1.


General information

Seeswell Limited is a private company, limited by shares, domiciled in England and Wales, registration number 08128663. The registered office is Anglia House, 6 Central Avenue, St Andrews Business Park, Thorpe St Andrew, Norwich, Norfolk, NR7 0HR.
The financial statements are presented in sterling which is the functional currency of the company and
rounded to the nearest £.

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

Going concern

The director considers that the resources available to the company will be sufficient for it to be able to
continue as a going concern. The financial statements do not contain any adjustments that would be
required if the company were not able to continue as a going concern.

 
2.3

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

 
SEESWELL LIMITED
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2024

2.Accounting policies (continued)

 
2.4

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 corporaion 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.

Deferred tax balances are recognised in respect of all timing differences that have originated but not reversed by the balance sheet 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 balance sheet date.


 
2.5

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.

Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, on rates as follows;.

Depreciation is provided on the following basis:

Property improvements
-
5%
straight line basis
Office equipment
-
15%
reducing balance basis

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.

 
2.6

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.

Page 4

 
SEESWELL LIMITED
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2024

2.Accounting policies (continued)

 
2.7

Provisions for liabilities

Provisions are recognised when an event has taken place that gives rise to a legal or constructive obligation, a transfer of economic benefits is probable and a reliable estimate can be made.
Provisions are measured as the best estimate of the amount required to settle the obligation, taking into account the related risks and uncertainties.
 
Increases in provisions are generally charged as an expense to profit or loss.

 
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 2 (2023 - 2).


4.


Tangible fixed assets





Home office
Office equipment
Total

£
£
£



Cost or valuation


At 1 October 2023
10,589
6,098
16,687


Additions
-
899
899



At 30 September 2024

10,589
6,997
17,586



Depreciation


At 1 October 2023
2,040
2,814
4,854


Charge for the year on owned assets
529
624
1,153



At 30 September 2024

2,569
3,438
6,007



Net book value



At 30 September 2024
8,020
3,559
11,579



At 30 September 2023
8,549
3,284
11,833

Page 5

 
SEESWELL LIMITED
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2024

5.


Creditors: Amounts falling due within one year

2024
2023
£
£

Corporation tax
528
919

Other creditors
510
1,633

Accruals
2,100
1,794

3,138
4,346



6.


Deferred taxation




2024


£






At beginning of year
808


Charged to profit or loss
43



At end of year
851

The provision for deferred taxation is made up as follows:

2024
2023
£
£


Accelerated capital allowances
851
808


7.


Related party transactions

At 1 October 2023 the company owed monies to the director totalling £1,634. During the year the director withdrew monies totalling £6,316 and made repayments of £5,193. No interest was charged leaving a balance of £511 owed to the director at the year end which has been included within other creditors. 


Page 6