Caseware UK (AP4) 2023.0.135 2023.0.135 2024-08-312024-08-31false2023-09-01falseNo description of principal activity1115trueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.false 11520538 2023-09-01 2024-08-31 11520538 2022-09-01 2023-08-31 11520538 2024-08-31 11520538 2023-08-31 11520538 c:Director3 2023-09-01 2024-08-31 11520538 d:ComputerEquipment 2023-09-01 2024-08-31 11520538 d:ComputerEquipment 2024-08-31 11520538 d:ComputerEquipment 2023-08-31 11520538 d:ComputerEquipment d:OwnedOrFreeholdAssets 2023-09-01 2024-08-31 11520538 d:CopyrightsPatentsTrademarksServiceOperatingRights 2024-08-31 11520538 d:CopyrightsPatentsTrademarksServiceOperatingRights 2023-08-31 11520538 d:ComputerSoftware 2024-08-31 11520538 d:ComputerSoftware 2023-08-31 11520538 d:CurrentFinancialInstruments 2024-08-31 11520538 d:CurrentFinancialInstruments 2023-08-31 11520538 d:Non-currentFinancialInstruments 2024-08-31 11520538 d:Non-currentFinancialInstruments 2023-08-31 11520538 d:CurrentFinancialInstruments d:WithinOneYear 2024-08-31 11520538 d:CurrentFinancialInstruments d:WithinOneYear 2023-08-31 11520538 d:Non-currentFinancialInstruments d:AfterOneYear 2024-08-31 11520538 d:Non-currentFinancialInstruments d:AfterOneYear 2023-08-31 11520538 d:Non-currentFinancialInstruments d:BetweenOneTwoYears 2024-08-31 11520538 d:Non-currentFinancialInstruments d:BetweenOneTwoYears 2023-08-31 11520538 d:ShareCapital 2024-08-31 11520538 d:ShareCapital 2023-08-31 11520538 d:SharePremium 2024-08-31 11520538 d:SharePremium 2023-08-31 11520538 d:RetainedEarningsAccumulatedLosses 2024-08-31 11520538 d:RetainedEarningsAccumulatedLosses 2023-08-31 11520538 c:FRS102 2023-09-01 2024-08-31 11520538 c:AuditExempt-NoAccountantsReport 2023-09-01 2024-08-31 11520538 c:FullAccounts 2023-09-01 2024-08-31 11520538 c:PrivateLimitedCompanyLtd 2023-09-01 2024-08-31 11520538 2 2023-09-01 2024-08-31 11520538 e:PoundSterling 2023-09-01 2024-08-31 iso4217:GBP xbrli:pure

Registered number: 11520538









CAURA LTD







UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 31 AUGUST 2024

 
CAURA LTD
REGISTERED NUMBER: 11520538

BALANCE SHEET
AS AT 31 AUGUST 2024

2024
2024
2023
2023
Note
£
£
£
£

Fixed assets
  

Intangible assets
 4 
53,049
53,049

Tangible assets
 5 
2,055
9,308

  
55,104
62,357

Current assets
  

Debtors: amounts falling due within one year
 6 
71,740
86,828

Cash at bank and in hand
 7 
906,185
2,352,046

  
977,925
2,438,874

Creditors: amounts falling due within one year
 8 
(192,549)
(150,386)

Net current assets
  
 
 
785,376
 
 
2,288,488

Total assets less current liabilities
  
840,480
2,350,845

Creditors: amounts falling due after more than one year
 9 
-
(4,425,753)

  

Net assets/(liabilities)
  
840,480
(2,074,908)


Capital and reserves
  

Called up share capital 
  
15
15

Share premium account
  
9,857,378
4,829,981

Profit and loss account
  
(9,016,913)
(6,904,904)

  
840,480
(2,074,908)


Page 1

 
CAURA LTD
REGISTERED NUMBER: 11520538
    
BALANCE SHEET (CONTINUED)
AS AT 31 AUGUST 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 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: 




................................................
Dr S S Lakshmi
Director

Date: 25 April 2025

The notes on pages 3 to 8 form part of these financial statements.

Page 2

 
CAURA LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2024

1.


General information

Caura Ltd is a company limited by shares, registered in England and Wales. The address of the registered office is 1 Horse Guards Avenue, London, SW1A 2HU.

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

Foreign currency translation

Functional and presentation currency

The Company's functional and presentational currency is GBP.

Transactions and balances

Foreign currency transactions are translated into the functional currency using the spot exchange rates at the dates of the transactions.
Foreign exchange gains and losses resulting from the settlement of transactions and from the translation at period-end exchange rates of monetary assets and liabilities denominated in foreign currencies are recognised in profit or loss.
Foreign exchange gains and losses that relate to borrowings and cash and cash equivalents are presented in the Statement of income and retained earnings within 'finance income or costs'. All other foreign exchange gains and losses are presented in profit or loss within 'other operating income'.


Page 3

 
CAURA LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2024

2.Accounting policies (continued)

 
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.

 
2.4

Interest income

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

 
2.5

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.

 
2.6

Borrowing costs

All borrowing costs are recognised in profit or loss in the year in which they are incurred.

 
2.7

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 4

 
CAURA LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2024

2.Accounting policies (continued)

 
2.8

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 corporation 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.

 
2.9

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.

 
2.10

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:

Computer equipment
-
33%
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.

 
2.11

Debtors

Short-term debtors are measured at transaction price, less any impairment.

 
2.12

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.

Page 5

 
CAURA LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2024

2.Accounting policies (continued)

 
2.13

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.

 
2.14

Financial instruments

The Company only enters into basic financial instrument transactions that result in the recognition of
financial assets and liabilities like trade and other debtors and creditors, loans from banks and other
third parties, loans to related parties and investments in ordinary shares.
Financial assets that are measured at cost and amortised cost are assessed at the end of each
reporting period for objective evidence of impairment. If objective evidence of impairment is found, an
impairment loss is recognised in the Statement of income and retained earnings.


3.


Employees

The average monthly number of employees, including directors, during the year was 11 (2023 - 15).


4.


Intangible assets




Intellectual property
Computer software
Total

£
£
£



Cost


At 1 September 2023
15,299
37,750
53,049



At 31 August 2024

15,299
37,750
53,049






Net book value



At 31 August 2024
15,299
37,750
53,049



At 31 August 2023
15,299
37,750
53,049



Page 6

 
CAURA LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2024

5.


Tangible fixed assets





Computer equipment

£



Cost or valuation


At 1 September 2023
49,844



At 31 August 2024

49,844



Depreciation


At 1 September 2023
40,536


Charge for the year on owned assets
7,253



At 31 August 2024

47,789



Net book value



At 31 August 2024
2,055



At 31 August 2023
9,308


6.


Debtors

2024
2023
£
£


Trade debtors
15,212
-

Other debtors
56,528
86,828

71,740
86,828



7.


Cash and cash equivalents

2024
2023
£
£

Cash at bank and in hand
906,185
2,352,046


Page 7

 
CAURA LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2024

8.


Creditors: Amounts falling due within one year

2024
2023
£
£

Bank overdrafts
22
22

Trade creditors
90,223
100,418

Other taxation and social security
14,321
-

Other creditors
13,560
2,470

Accruals and deferred income
74,423
47,476

192,549
150,386



9.


Creditors: Amounts falling due after more than one year

2024
2023
£
£

Other loans
-
4,425,753



10.


Loans


Analysis of the maturity of loans is given below:


2024
2023
£
£


Amounts falling due 1-2 years

Other loans
-
4,425,753




 
Page 8