Caseware UK (AP4) 2023.0.135 2023.0.135 No description of principal activity108false2023-08-01falsetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.false 03505184 2023-08-01 2024-07-31 03505184 2022-08-01 2023-07-31 03505184 2024-07-31 03505184 2023-07-31 03505184 c:Director1 2023-08-01 2024-07-31 03505184 d:Buildings 2023-08-01 2024-07-31 03505184 d:Buildings 2024-07-31 03505184 d:Buildings 2023-07-31 03505184 d:Buildings d:OwnedOrFreeholdAssets 2023-08-01 2024-07-31 03505184 d:PlantMachinery 2023-08-01 2024-07-31 03505184 d:PlantMachinery 2024-07-31 03505184 d:PlantMachinery 2023-07-31 03505184 d:PlantMachinery d:OwnedOrFreeholdAssets 2023-08-01 2024-07-31 03505184 d:MotorVehicles 2023-08-01 2024-07-31 03505184 d:MotorVehicles 2024-07-31 03505184 d:MotorVehicles 2023-07-31 03505184 d:MotorVehicles d:OwnedOrFreeholdAssets 2023-08-01 2024-07-31 03505184 d:FurnitureFittings 2023-08-01 2024-07-31 03505184 d:FurnitureFittings 2024-07-31 03505184 d:FurnitureFittings 2023-07-31 03505184 d:FurnitureFittings d:OwnedOrFreeholdAssets 2023-08-01 2024-07-31 03505184 d:ComputerEquipment 2023-08-01 2024-07-31 03505184 d:OwnedOrFreeholdAssets 2023-08-01 2024-07-31 03505184 d:CurrentFinancialInstruments 2024-07-31 03505184 d:CurrentFinancialInstruments 2023-07-31 03505184 d:Non-currentFinancialInstruments 2024-07-31 03505184 d:Non-currentFinancialInstruments 2023-07-31 03505184 d:CurrentFinancialInstruments d:WithinOneYear 2024-07-31 03505184 d:CurrentFinancialInstruments d:WithinOneYear 2023-07-31 03505184 d:Non-currentFinancialInstruments d:AfterOneYear 2024-07-31 03505184 d:Non-currentFinancialInstruments d:AfterOneYear 2023-07-31 03505184 d:ShareCapital 2024-07-31 03505184 d:ShareCapital 2023-07-31 03505184 d:RetainedEarningsAccumulatedLosses 2024-07-31 03505184 d:RetainedEarningsAccumulatedLosses 2023-07-31 03505184 c:OrdinaryShareClass1 2023-08-01 2024-07-31 03505184 c:OrdinaryShareClass1 2024-07-31 03505184 c:OrdinaryShareClass1 2023-07-31 03505184 c:FRS102 2023-08-01 2024-07-31 03505184 c:AuditExempt-NoAccountantsReport 2023-08-01 2024-07-31 03505184 c:FullAccounts 2023-08-01 2024-07-31 03505184 c:PrivateLimitedCompanyLtd 2023-08-01 2024-07-31 03505184 e:PoundSterling 2023-08-01 2024-07-31 iso4217:GBP xbrli:shares xbrli:pure
Registered number: 03505184













Cockerel Software Limited

Financial statements
Information for filing with the registrar

31 July 2024




 
Cockerel Software Limited


Balance sheet
At 31 July 2024

2024
2023
Note
£
£

Fixed assets
  

Tangible assets
 5 
152,572
150,257

  
152,572
150,257

Current assets
  

Debtors
 6 
222,182
144,171

Cash at bank and in hand
  
114,896
75,645

  
337,078
219,816

Creditors: amounts falling due within one year
 7 
(332,889)
(221,487)

Net current assets/(liabilities)
  
 
 
4,189
 
 
(1,671)

Total assets less current liabilities
  
156,761
148,586

Creditors: amounts falling due after more than one year
 8 
-
(18,333)

Provisions for liabilities
  

Deferred tax
  
(17,914)
(16,561)

  
 
 
(17,914)
 
 
(16,561)

Net assets
  
138,847
113,692


Capital and reserves
  

Called up share capital 
 9 
1,000
1,000

Profit and loss account
  
137,847
112,692

Shareholders' funds
  
138,847
113,692


1

 
Cockerel Software Limited

    
Balance sheet (continued)
At 31 July 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 on 22 April 2025.




ARH Courage
Director

The notes on pages 3 to 6 form part of these financial statements.
Company registration number: 03505184

2

 
Cockerel Software Limited
 
 

Notes to the financial statements
Year ended 31 July 2024

1.


General information

The company is a private company limited by shares, registered in England and Wales. The address of the registered office is Citygate, St James' Boulevard, Newcastle upon Tyne, Tyne and Wear, NE1 4JE.

2.Accounting policies

 
2.1

Statement of compliance

The financial statements have been prepared in accordance with Section 1A of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the United Kingdom and the Republic of Ireland' (FRS 102) and the Companies Act 2006. 

 
2.2

Revenue

The turnover shown in the profit and loss account represents amounts invoiced during the year exclusive of Value Added Tax.
In respect of annual software maintenance contracts, turnover represents amounts invoiced to the year end adjusted for deferred income.

 
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.

 
2.4

Borrowing costs

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

 
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 balance sheet 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 balance sheet 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 balance sheet date.


3

 
Cockerel Software Limited
 

 
Notes to the financial statements
Year ended 31 July 2024

2.Accounting policies (continued)

 
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.

Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:

Depreciation is provided on the following basis:

Freehold property
-
2%
straight line
Motor vehicles
-
33%
reducing balance
Fixtures and fittings
-
15%
reducing balance
Computer equipment
-
33%
reducing balance

 
2.7

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.


3.


Judgements in applying accounting policies and key sources of estimation uncertainty

The preparation of the financial statements requires management to make judgements, estimates and assumptions that affect the amounts reported. These estimates and judgements are continually reviewed and are based on experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances.


4.


Employees

The average monthly number of employees, including directors, during the year was 10 (2023 - 8).

4

 
Cockerel Software Limited
 
 

Notes to the financial statements
Year ended 31 July 2024

5.


Tangible fixed assets





Freehold property
Plant and machinery
Motor vehicles
Fixtures and fittings
Total

£
£
£
£
£



Cost or valuation


At 1 August 2023
137,883
72,994
63,177
27,322
301,376


Additions
-
22,349
-
958
23,307



At 31 July 2024

137,883
95,343
63,177
28,280
324,683



Depreciation


At 1 August 2023
37,322
55,136
41,049
17,612
151,119


Charge for the year
2,758
9,014
7,323
1,897
20,992



At 31 July 2024

40,080
64,150
48,372
19,509
172,111



Net book value



At 31 July 2024
97,803
31,193
14,805
8,771
152,572



At 31 July 2023
100,561
17,858
22,128
9,710
150,257

5

 
Cockerel Software Limited
 
 

Notes to the financial statements
Year ended 31 July 2024

6.


Debtors

2024
2023
£
£


Trade debtors
220,255
141,779

Other debtors
846
-

Prepayments and accrued income
1,081
2,392

222,182
144,171



7.


Creditors: amounts falling due within one year

2024
2023
£
£

Bank loans
-
10,000

Trade creditors
9,578
19,597

Other taxation and social security
74,613
43,552

Other creditors
1,097
4,001

Accruals and deferred income
247,601
144,337

332,889
221,487



8.


Creditors: amounts falling due after more than one year

2024
2023
£
£

Bank loans
-
18,333

-
18,333



9.


Share capital

2024
2023
£
£
Allotted, called up and fully paid



1,000 (2023 - 1,000) Ordinary shares of £1.00 each
1,000
1,000


 
6