Caseware UK (AP4) 2023.0.135 2023.0.135 2024-06-302024-06-30falseThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.2023-07-01falseNo description of principal activity33truetrue 03016146 2023-07-01 2024-06-30 03016146 2022-07-01 2023-06-30 03016146 2024-06-30 03016146 2023-06-30 03016146 c:Director1 2023-07-01 2024-06-30 03016146 d:Buildings 2023-07-01 2024-06-30 03016146 d:Buildings 2024-06-30 03016146 d:Buildings 2023-06-30 03016146 d:Buildings d:OwnedOrFreeholdAssets 2023-07-01 2024-06-30 03016146 d:FurnitureFittings 2023-07-01 2024-06-30 03016146 d:FurnitureFittings 2024-06-30 03016146 d:FurnitureFittings 2023-06-30 03016146 d:FurnitureFittings d:OwnedOrFreeholdAssets 2023-07-01 2024-06-30 03016146 d:OwnedOrFreeholdAssets 2023-07-01 2024-06-30 03016146 d:PatentsTrademarksLicencesConcessionsSimilar 2024-06-30 03016146 d:PatentsTrademarksLicencesConcessionsSimilar 2023-06-30 03016146 d:CurrentFinancialInstruments 2024-06-30 03016146 d:CurrentFinancialInstruments 2023-06-30 03016146 d:CurrentFinancialInstruments d:WithinOneYear 2024-06-30 03016146 d:CurrentFinancialInstruments d:WithinOneYear 2023-06-30 03016146 d:ShareCapital 2024-06-30 03016146 d:ShareCapital 2023-06-30 03016146 d:CapitalRedemptionReserve 2024-06-30 03016146 d:CapitalRedemptionReserve 2023-06-30 03016146 d:RetainedEarningsAccumulatedLosses 2024-06-30 03016146 d:RetainedEarningsAccumulatedLosses 2023-06-30 03016146 c:FRS102 2023-07-01 2024-06-30 03016146 c:AuditExempt-NoAccountantsReport 2023-07-01 2024-06-30 03016146 c:FullAccounts 2023-07-01 2024-06-30 03016146 c:PrivateLimitedCompanyLtd 2023-07-01 2024-06-30 03016146 d:PatentsTrademarksLicencesConcessionsSimilar d:ExternallyAcquiredIntangibleAssets 2023-07-01 2024-06-30 03016146 2 2023-07-01 2024-06-30 03016146 6 2023-07-01 2024-06-30 03016146 e:PoundSterling 2023-07-01 2024-06-30 iso4217:GBP xbrli:pure

Registered number: 03016146










INTROGROUP LIMITED








UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 30 JUNE 2024

 
INTROGROUP LIMITED
REGISTERED NUMBER: 03016146

BALANCE SHEET
AS AT 30 JUNE 2024

2024
2023
Note
£
£

Fixed assets
  

Intangible assets
 6 
1
-

Tangible assets
 7 
443,104
454,001

Investments
 8 
10,189
10,189

  
453,294
464,190

Current assets
  

Debtors: amounts falling due within one year
 9 
153,111
160,312

Cash at bank and in hand
  
147,371
67,660

  
300,482
227,972

Creditors: amounts falling due within one year
 10 
(347,814)
(247,660)

Net current liabilities
  
 
 
(47,332)
 
 
(19,688)

Total assets less current liabilities
  
405,962
444,502

Net assets
  
405,962
444,502


Capital and reserves
  

Called up share capital 
  
7,646
7,646

Capital redemption reserve
  
2,352
2,352

Profit and loss account
  
395,964
434,504

  
405,962
444,502


Page 1

 
INTROGROUP LIMITED
REGISTERED NUMBER: 03016146
    
BALANCE SHEET (CONTINUED)
AS AT 30 JUNE 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 by: 




C D Andrews
Director

Date: 26 March 2025

The notes on pages 3 to 9 form part of these financial statements.

Page 2

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

1.


General information

Introgroup Limited is a private company limited by shares incorporated in England and Wales.The address of the registered office is 1 Tolherst Court, Turkey Mill, Maidstone, Kent, ME14 5SF.
The financial statements are presented in sterling which is the functional currency of the company and rounded to the nearest £1. 

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 preparation of financial statements in compliance with FRS 102 requires the use of certain critical accounting estimates. It also requires management to exercise judgement in applying the Company's accounting policies (see note 3).

The following principal accounting policies have been applied:

 
2.2

Going concern

The financial statements have been prepared on a going concern basis. No material uncertainties
that may cast significant doubt about the ability of the company to continue as a going concern have
been identified by the director.

 
2.3

Turnover

Turnover represents management and consultancy income earned, net of value added tax.

 
2.4

Interest income

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

 
2.5

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.

Page 3

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

2.Accounting policies (continued)

 
2.6

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.

 
2.7

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.

 
2.8

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:

Freehold property
-
2%
straight line
Fixtures and fittings
-
15%
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.

 
2.9

Valuation of investments

Investments in subsidiaries are measured at cost less accumulated impairment.

 
2.10

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.

Page 4

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

2.Accounting policies (continued)

 
2.11

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.

 
2.12

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 5

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

2.Accounting policies (continued)

 
2.13

Financial instruments

The Company has elected to apply the provisions of Section 11 “Basic Financial Instruments” of FRS 102 to all of its financial instruments.

Financial instruments are recognised in the Company's Balance sheet when the Company becomes party to the contractual provisions of the instrument.

Basic financial assets

Basic financial assets, which include trade and other receivables, cash and bank balances, are initially measured at their transaction price including transaction costs and are subsequently carried at their amortised cost using the effective interest method, less any provision for impairment, unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest.

Discounting is omitted where the effect of discounting is immaterial. The Company's cash and cash equivalents, trade and most other receivables due with the operating cycle fall into this category of financial instruments.

Financial liabilities

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instruments any contract that evidences a residual interest in the assets of the Company after the deduction of all its liabilities.

Basic financial liabilities, which include trade and other payables, bank loans and other loans are initially measured at their transaction price after transaction costs. When this constitutes a financing transaction, whereby the debt instrument is measured at the present value of the future receipts discounted at a market rate of interest. Discounting is omitted where the effect of discounting is immaterial.

Debt instruments are subsequently carried at their amortised cost using the effective interest rate method.

Trade payables are obligations to pay for goods and services that have been acquired in the ordinary course of business from suppliers. Trade payables are classified as current liabilities if the payment is due within one year. If not, they represent non-current liabilities. Trade payables are initially recognised at their transaction price and subsequently are measured at amortised cost using the effective interest method. Discounting is omitted where the effect of discounting is immaterial.

 
2.14

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.


Judgements in applying accounting policies and key sources of estimation uncertainty

No significant judgements have been made by management in preparing these financial statements. 

Page 6

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

4.


Employees

The average monthly number of employees, including directors, during the year was 3 (2023 - 3).


5.


Taxation

The tax charge of £19,934 (2023: £19,128) is due to group companies for group loss relief received.


6.


Intangible assets




Patents

£



Cost


Additions
1



At 30 June 2024

1






Net book value



At 30 June 2024
1



At 30 June 2023
-



Page 7

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

7.


Tangible fixed assets





Freehold property
Fixtures and fittings
Total

£
£
£



Cost or valuation


At 1 July 2023
586,272
17,554
603,826


Additions
-
975
975



At 30 June 2024

586,272
18,529
604,801



Depreciation


At 1 July 2023
132,271
17,554
149,825


Charge for the year on owned assets
11,726
146
11,872



At 30 June 2024

143,997
17,700
161,697



Net book value



At 30 June 2024
442,275
829
443,104



At 30 June 2023
454,001
-
454,001


8.


Fixed asset investments





Investments in subsidiary companies

£



Cost or valuation


At 1 July 2023
10,189



At 30 June 2024
10,189




Page 8

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

9.


Debtors

2024
2023
£
£


Amounts owed by group undertakings
135,479
142,241

Other debtors
17,632
18,071

153,111
160,312



10.


Creditors: Amounts falling due within one year

2024
2023
£
£

Trade creditors
-
1,146

Amounts owed to group undertakings
261,106
175,070

Other taxation and social security
14,823
12,185

Other creditors
71,885
59,259

347,814
247,660



11.


Pension commitments

The Company operates a defined contributions pension scheme. The assets of the scheme are held separately from those of the Company in an independently administered fund. The pension cost charge represents contributions payable by the Company to the fund and amounted to £1,268 (2023 - £1,272). Contributions totalling £247 (2023 - £247) were payable to the fund at the balance sheet date and are included in other creditors.


12.


Guarantees and commitments

The Company is a parent of Church International Limited and is subject to cross guarantee with the Group's banks. No monies were outstanding at the year end (2023: Nil).

Page 9