Caseware UK (AP4) 2024.0.164 2024.0.164 2024-03-312024-03-312023-04-01falseNo description of principal activity22truetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. 04463025 2023-04-01 2024-03-31 04463025 2022-04-01 2023-03-31 04463025 2024-03-31 04463025 2023-03-31 04463025 c:Director1 2023-04-01 2024-03-31 04463025 c:Director2 2023-04-01 2024-03-31 04463025 d:PlantMachinery 2023-04-01 2024-03-31 04463025 d:PlantMachinery 2024-03-31 04463025 d:PlantMachinery 2023-03-31 04463025 d:PlantMachinery d:OwnedOrFreeholdAssets 2023-04-01 2024-03-31 04463025 d:CurrentFinancialInstruments 2024-03-31 04463025 d:CurrentFinancialInstruments 2023-03-31 04463025 d:CurrentFinancialInstruments d:WithinOneYear 2024-03-31 04463025 d:CurrentFinancialInstruments d:WithinOneYear 2023-03-31 04463025 d:ShareCapital 2024-03-31 04463025 d:ShareCapital 2023-03-31 04463025 d:RetainedEarningsAccumulatedLosses 2024-03-31 04463025 d:RetainedEarningsAccumulatedLosses 2023-03-31 04463025 c:FRS102 2023-04-01 2024-03-31 04463025 c:AuditExempt-NoAccountantsReport 2023-04-01 2024-03-31 04463025 c:FullAccounts 2023-04-01 2024-03-31 04463025 c:PrivateLimitedCompanyLtd 2023-04-01 2024-03-31 04463025 2 2023-04-01 2024-03-31 04463025 e:PoundSterling 2023-04-01 2024-03-31 iso4217:GBP xbrli:pure

Registered number: 04463025









ECOM - MISSION LIMITED







UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 31 MARCH 2024

 
ECOM - MISSION LIMITED
REGISTERED NUMBER: 04463025

STATEMENT OF FINANCIAL POSITION
AS AT 31 MARCH 2024

2024
2023
Note
£
£

Fixed assets
  

Tangible assets
 4 
16,193
14,981

  
16,193
14,981

Current assets
  

Debtors: amounts falling due within one year
 5 
994,210
1,041,469

Cash at bank and in hand
  
794,627
1,053,166

  
1,788,837
2,094,635

Creditors: amounts falling due within one year
 6 
(672,829)
(929,877)

Net current assets
  
 
 
1,116,008
 
 
1,164,758

Total assets less current liabilities
  
1,132,201
1,179,739

  

Net assets
  
1,132,201
1,179,739


Capital and reserves
  

Called up share capital 
  
100
100

Profit and loss account
  
1,132,101
1,179,639

  
1,132,201
1,179,739


Page 1

 
ECOM - MISSION LIMITED
REGISTERED NUMBER: 04463025
    
STATEMENT OF FINANCIAL POSITION (CONTINUED)
AS AT 31 MARCH 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 comprehensive income 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 F Ryan
J Jethwa
Director
Director
Date: 28 March 2025

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

Page 2

 
ECOM - MISSION LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024

1.


General information

Ecom-Mission Limited is a private company limited by shares and incorporated in England and Wales (registered number 04463025). The registered office address is at Queensland House, 392 Strand, London, WC2R 0LT.
The financial statements are presented in Sterling, which is the functional currency of the Company.

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 Section 1A of Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006.

The following principal accounting policies have been applied:

 
2.2

Going concern

In assessing the ability of the company to operate as a going concern, management have evaluated current and forecasted operational results, and the solvency of the company. Given that the company is in a net asset position the directors consider it appropriate to prepare the financial statements on a going concern basis. 

 
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

 
ECOM - MISSION LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024

2.Accounting policies (continued)

 
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, on a reducing balance basis.

Depreciation is provided on the following basis:

Plant and machinery
-
15%

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

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.

 
2.6

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.

 
2.7

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

Finance costs

Finance costs are charged to the Statement of Comprehensive Income over the term of the debt using the effective interest method so that the amount charged is at a constant rate on the carrying amount. Issue costs are initially recognised as a reduction in the proceeds of the associated capital instrument.

 
2.9

Interest income

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

Page 4

 
ECOM - MISSION LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024

2.Accounting policies (continued)

 
2.10

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 reporting 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.


Tangible fixed assets





Plant and machinery

£



Cost or valuation


At 1 April 2023
41,221


Additions
4,070



At 31 March 2024

45,291



Depreciation


At 1 April 2023
26,240


Charge for the year on owned assets
2,858



At 31 March 2024

29,098



Net book value



At 31 March 2024
16,193



At 31 March 2023
14,981

Page 5

 
ECOM - MISSION LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024

5.


Debtors

2024
2023
£
£


Trade debtors
500,590
549,607

Other debtors
425,987
438,745

VAT recoverable
67,633
53,117

994,210
1,041,469



6.


Creditors: Amounts falling due within one year

2024
2023
£
£

Trade creditors
401,734
568,833

Corporation tax
5,125
75,640

Other creditors
55,970
105,404

Accruals and deferred income
210,000
180,000

672,829
929,877


 
Page 6