Caseware UK (AP4) 2024.0.164 2024.0.164 2024-12-312024-12-312024-01-01falseNo description of principal activity22truetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.false 11059012 2024-01-01 2024-12-31 11059012 2023-01-01 2023-12-31 11059012 2024-12-31 11059012 2023-12-31 11059012 c:Director1 2024-01-01 2024-12-31 11059012 d:PlantMachinery 2024-01-01 2024-12-31 11059012 d:MotorVehicles 2024-01-01 2024-12-31 11059012 d:MotorVehicles 2024-12-31 11059012 d:MotorVehicles 2023-12-31 11059012 d:MotorVehicles d:LeasedAssetsHeldAsLessee 2024-01-01 2024-12-31 11059012 d:FurnitureFittings 2024-12-31 11059012 d:FurnitureFittings 2023-12-31 11059012 d:FurnitureFittings d:LeasedAssetsHeldAsLessee 2024-01-01 2024-12-31 11059012 d:LeasedAssetsHeldAsLessee 2024-01-01 2024-12-31 11059012 d:CurrentFinancialInstruments 2024-12-31 11059012 d:CurrentFinancialInstruments 2023-12-31 11059012 d:Non-currentFinancialInstruments 2024-12-31 11059012 d:Non-currentFinancialInstruments 2023-12-31 11059012 d:CurrentFinancialInstruments d:WithinOneYear 2024-12-31 11059012 d:CurrentFinancialInstruments d:WithinOneYear 2023-12-31 11059012 d:Non-currentFinancialInstruments d:AfterOneYear 2024-12-31 11059012 d:Non-currentFinancialInstruments d:AfterOneYear 2023-12-31 11059012 d:ShareCapital 2024-12-31 11059012 d:ShareCapital 2023-12-31 11059012 d:RetainedEarningsAccumulatedLosses 2024-12-31 11059012 d:RetainedEarningsAccumulatedLosses 2023-12-31 11059012 c:FRS102 2024-01-01 2024-12-31 11059012 c:AuditExempt-NoAccountantsReport 2024-01-01 2024-12-31 11059012 c:FullAccounts 2024-01-01 2024-12-31 11059012 c:PrivateLimitedCompanyLtd 2024-01-01 2024-12-31 11059012 d:HirePurchaseContracts d:WithinOneYear 2024-12-31 11059012 d:HirePurchaseContracts d:WithinOneYear 2023-12-31 11059012 d:HirePurchaseContracts d:BetweenOneFiveYears 2024-12-31 11059012 d:HirePurchaseContracts d:BetweenOneFiveYears 2023-12-31 11059012 6 2024-01-01 2024-12-31 11059012 d:MotorVehicles d:LeasedAssetsHeldAsLessee 2024-12-31 11059012 d:MotorVehicles d:LeasedAssetsHeldAsLessee 2023-12-31 11059012 d:LeasedAssetsHeldAsLessee 2024-12-31 11059012 d:LeasedAssetsHeldAsLessee 2023-12-31 11059012 e:PoundSterling 2024-01-01 2024-12-31 iso4217:GBP xbrli:pure

Registered number: 11059012










ANATIDAE CAPITAL LIMITED








UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 31 DECEMBER 2024

 
ANATIDAE CAPITAL LIMITED
REGISTERED NUMBER:11059012

STATEMENT OF FINANCIAL POSITION
AS AT 31 DECEMBER 2024

2024
2023
Note
£
£

Fixed assets
  

Tangible assets
 4 
19,454
25,939

Investments
 5 
1
1

  
19,455
25,940

Current assets
  

Debtors: amounts falling due within one year
 6 
3,382
790

Cash at bank and in hand
  
244,783
371,169

  
248,165
371,959

Creditors: amounts falling due within one year
 7 
(23,206)
(24,261)

Net current assets
  
 
 
224,959
 
 
347,698

Total assets less current liabilities
  
244,414
373,638

Creditors: amounts falling due after more than one year
 8 
(19,163)
(23,513)

Provisions for liabilities
  

Deferred tax
  
(4,864)
(6,485)

  
 
 
(4,864)
 
 
(6,485)

Net assets
  
220,387
343,640


Capital and reserves
  

Called up share capital 
  
1,200
1,200

Profit and loss account
  
219,187
342,440

  
220,387
343,640


Page 1

 
ANATIDAE CAPITAL LIMITED
REGISTERED NUMBER:11059012
    
STATEMENT OF FINANCIAL POSITION (CONTINUED)
AS AT 31 DECEMBER 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 Company's financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

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 income statement 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: 




................................................
D C W Swan
Director

Date: 1 April 2025

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

Page 2

 
ANATIDAE CAPITAL LIMITED
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024

1.


General information

Anatidae Capital Limited is a private company limited by shares and incorporated in England and Wales, registration number 11059012. The registered office is South Newington House, South Newington, Banbury, United kingdom, OX15 4JW.

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

The preparation of financial statements in compliance with FRS 102 requires the use of certain critical accounting estimates. It also requires management to exercise judgment in applying the Company's accounting policies.

The following principal accounting policies have been applied:

 
2.2

Turnover

Turnover is recognised to the extent that it is probable that the economic benefits will flow to the Company and the turnover can be reliably measured. Turnover 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 turnover is recognised:

Rendering of services

Turnover 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 turnover 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.

 
2.3

Finance costs

Finance costs are charged to profit or loss 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.

Page 3

 
ANATIDAE CAPITAL LIMITED
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024

2.Accounting policies (continued)

 
2.4

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 Statement of Financial Position. The assets of the plan are held separately from the Company in independently administered funds.

 
2.5

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 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.

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


 
2.6

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.

Page 4

 
ANATIDAE CAPITAL LIMITED
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024

2.Accounting policies (continued)


2.6
Tangible fixed assets (continued)

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:

Plant and machinery
-
25%
straight line
Motor vehicles
-
25%
reducing balance

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.

 
2.7

Valuation of investments

Investments in subsidiaries are measured at cost less accumulated impairment.

Investments in unlisted Company shares, whose market value can be reliably determined, are remeasured to market value at each reporting date. Gains and losses on remeasurement are recognised in the Income Statement for the period. Where market value cannot be reliably determined, such investments are stated at historic cost less impairment.

Investments in listed company shares are remeasured to market value at each reporting date. Gains and losses on remeasurement are recognised in profit or loss for the period.

 
2.8

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.

 
2.9

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.

 
2.10

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

 
ANATIDAE CAPITAL LIMITED
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024

2.Accounting policies (continued)

 
2.11

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.

 
2.12

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 the directors, during the year was as follows:


        2024
        2023
            No.
            No.







2
2

Page 6

 
ANATIDAE CAPITAL LIMITED
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024

4.


Tangible fixed assets





Motor vehicles
Fixtures and fittings
Total

£
£
£



Cost or valuation


At 1 January 2024
34,585
1,571
36,156



At 31 December 2024

34,585
1,571
36,156



Depreciation


At 1 January 2024
8,646
1,571
10,217


Charge for the year on financed assets
6,485
-
6,485



At 31 December 2024

15,131
1,571
16,702



Net book value



At 31 December 2024
19,454
-
19,454



At 31 December 2023
25,939
-
25,939

Page 7

 
ANATIDAE CAPITAL LIMITED
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024

           4.Tangible fixed assets (continued)

The net book value of assets held under finance leases or hire purchase contracts, included above, are as follows:


2024
2023
£
£



Motor vehicles
19,454
25,939

19,454
25,939


5.


Fixed asset investments





Investments in subsidiary companies

£



Cost or valuation


At 1 January 2024
1



At 31 December 2024
1





6.


Debtors

2024
2023
£
£


Other debtors
2,704
-

Prepayments and accrued income
678
790

3,382
790


Page 8

 
ANATIDAE CAPITAL LIMITED
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024

7.


Creditors: Amounts falling due within one year

2024
2023
£
£

Corporation tax
15,248
13,812

Other taxation and social security
-
2,316

Obligations under finance lease and hire purchase contracts
4,350
4,351

Other creditors
2,103
2,457

Accruals and deferred income
1,505
1,325

23,206
24,261



8.


Creditors: Amounts falling due after more than one year

2024
2023
£
£

Net obligations under finance leases and hire purchase contracts
19,163
23,513

19,163
23,513



9.


Hire purchase and finance leases


Minimum lease payments under hire purchase fall due as follows:

2024
2023
£
£


Within one year
4,350
4,350

Between 1-5 years
19,163
23,513

23,513
27,863

 
Page 9