Caseware UK (AP4) 2024.0.164 2024.0.164 2024-12-312024-12-31true2023-08-01falseNo description of principal activity11trueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.false 13500965 2023-08-01 2024-12-31 13500965 2022-08-01 2023-07-31 13500965 2024-12-31 13500965 2023-07-31 13500965 2022-08-01 13500965 c:Director1 2023-08-01 2024-12-31 13500965 d:CurrentFinancialInstruments 2024-12-31 13500965 d:CurrentFinancialInstruments 2023-07-31 13500965 d:CurrentFinancialInstruments d:WithinOneYear 2024-12-31 13500965 d:CurrentFinancialInstruments d:WithinOneYear 2023-07-31 13500965 d:ShareCapital 2023-08-01 2024-12-31 13500965 d:ShareCapital 2024-12-31 13500965 d:ShareCapital 2022-08-01 2023-07-31 13500965 d:ShareCapital 2023-07-31 13500965 d:ShareCapital 2022-08-01 13500965 d:RetainedEarningsAccumulatedLosses 2023-08-01 2024-12-31 13500965 d:RetainedEarningsAccumulatedLosses 2024-12-31 13500965 d:RetainedEarningsAccumulatedLosses 2022-08-01 2023-07-31 13500965 d:RetainedEarningsAccumulatedLosses 2023-07-31 13500965 d:RetainedEarningsAccumulatedLosses 2022-08-01 13500965 c:OrdinaryShareClass1 2023-08-01 2024-12-31 13500965 c:OrdinaryShareClass1 2024-12-31 13500965 c:OrdinaryShareClass1 2023-07-31 13500965 c:FRS102 2023-08-01 2024-12-31 13500965 c:AuditExempt-NoAccountantsReport 2023-08-01 2024-12-31 13500965 c:FullAccounts 2023-08-01 2024-12-31 13500965 c:PrivateLimitedCompanyLtd 2023-08-01 2024-12-31 13500965 2 2023-08-01 2024-12-31 13500965 6 2023-08-01 2024-12-31 13500965 e:PoundSterling 2023-08-01 2024-12-31 xbrli:shares iso4217:GBP xbrli:pure
Registered number: 13500965






DGC VENTURES LIMITED

UNAUDITED
FINANCIAL STATEMENTS
INFORMATION FOR FILING WITH THE REGISTRAR
FOR THE PERIOD ENDED 31 DECEMBER 2024

 
DGC VENTURES LIMITED
REGISTERED NUMBER: 13500965

STATEMENT OF FINANCIAL POSITION
AS AT 31 DECEMBER 2024

31 December
31 July
2024
2023
Note
£
£

Fixed assets
  

Investments
 4 
3
5

  
3
5

Current assets
  

Debtors: amounts falling due within one year
  
7,946
8,306

  
7,946
8,306

Creditors: amounts falling due within one year
 6 
(719)
(854)

Net current assets
  
 
 
7,227
 
 
7,452

Total assets less current liabilities
  
7,230
7,457

  

Net assets
  
7,230
7,457


Capital and reserves
  

Called up share capital 
 7 
100
100

Profit and loss account
  
7,130
7,357

  
7,230
7,457


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 period 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.

Page 1

 
DGC VENTURES LIMITED
REGISTERED NUMBER: 13500965
    
STATEMENT OF FINANCIAL POSITION (CONTINUED)
AS AT 31 DECEMBER 2024

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 on 8 April 2025.




D G Cristobal
Director

The notes on pages 4 to 7 form part of these financial statements.

Page 2

 
DGC VENTURES LIMITED
 

STATEMENT OF CHANGES IN EQUITY
FOR THE PERIOD ENDED 31 DECEMBER 2024


Called up share capital
Profit and loss account
Total equity

£
£
£


At 1 August 2022
100
(1,140)
(1,040)


Comprehensive income for the year

Profit for the year
-
8,497
8,497
Total comprehensive income for the year
-
8,497
8,497


Total transactions with owners
-
-
-



At 1 August 2023
100
7,357
7,457


Comprehensive income for the period

Loss for the period
-
(227)
(227)
Total comprehensive income for the period
-
(227)
(227)


Total transactions with owners
-
-
-


At 31 December 2024
100
7,130
7,230


The notes on pages 4 to 7 form part of these financial statements.

Page 3

 
DGC VENTURES LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 DECEMBER 2024

1.Accounting policies

 
1.1

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:

 
1.2

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.

 
1.3

Interest income

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

 
1.4

Valuation of investments

Investments in subsidiaries are measured at cost less accumulated impairment.

 
1.5

Associates and joint ventures

Associates and Joint Ventures are held at cost less impairment.

 
1.6

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.

Page 4

 
DGC VENTURES LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 DECEMBER 2024

1.Accounting policies (continued)

 
1.7

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.

 
1.8

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.


Judgments in applying accounting policies and key sources of estimation uncertainty

In the application of the company's accounting policies management is required to make judgements, estimates and assumptions about the carrying value of assets and liabilities that are not readily ascertainable from other sources. The estimates and underlying assumptions are based on historical experience and other factors that are considered to be relevant. Actual outcomes may differ from these estimates.
The estimates and underlying assumptions are reviewed on a continuing basis. Revisions to accounting estimates are recognised in the period in which the estimates are revised.
The key areas of estimation uncertainty that have a significant effect on the amounts recognised in the financial statements are described below:
Prepayments & Accrued Expenditure
The company includes a provision for invoices which are yet to be received from and amounts paid in advance to suppliers. These provisions are estimated based upon the expected values of the invoices which are issued and services received following the period end.


3.


Employees




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

Page 5

 
DGC VENTURES LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 DECEMBER 2024

4.


Fixed asset investments








Investments in associates

£



Cost or valuation


At 1 August 2023
5


Disposals
(2)



At 31 December 2024
3





5.


Debtors

31 December
31 July
2024
2023
£
£


Other debtors
7,946
8,306

7,946
8,306



6.


Creditors: Amounts falling due within one year

31 December
31 July
2024
2023
£
£

Corporation tax
119
254

Accruals and deferred income
600
600

719
854


Page 6

 
DGC VENTURES LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 DECEMBER 2024

7.


Share capital

31 December
31 July
2024
2023
£
£
Allotted, called up and fully paid



100 (2023 - 100) Ordinary shares of £1.00 each
100
100


 
Page 7