Caseware UK (AP4) 2024.0.164 2024.0.164 2024-09-302024-09-302023-10-01falseNo description of principal activity1816truetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.false 04109452 2023-10-01 2024-09-30 04109452 2022-10-01 2023-09-30 04109452 2024-09-30 04109452 2023-09-30 04109452 c:Director1 2023-10-01 2024-09-30 04109452 d:Buildings 2023-10-01 2024-09-30 04109452 d:Buildings 2024-09-30 04109452 d:Buildings 2023-09-30 04109452 d:Buildings d:OwnedOrFreeholdAssets 2023-10-01 2024-09-30 04109452 d:FurnitureFittings 2023-10-01 2024-09-30 04109452 d:FurnitureFittings 2024-09-30 04109452 d:FurnitureFittings 2023-09-30 04109452 d:FurnitureFittings d:OwnedOrFreeholdAssets 2023-10-01 2024-09-30 04109452 d:OwnedOrFreeholdAssets 2023-10-01 2024-09-30 04109452 d:CurrentFinancialInstruments 2024-09-30 04109452 d:CurrentFinancialInstruments 2023-09-30 04109452 d:Non-currentFinancialInstruments 2024-09-30 04109452 d:Non-currentFinancialInstruments 2023-09-30 04109452 d:CurrentFinancialInstruments d:WithinOneYear 2024-09-30 04109452 d:CurrentFinancialInstruments d:WithinOneYear 2023-09-30 04109452 d:Non-currentFinancialInstruments d:AfterOneYear 2024-09-30 04109452 d:Non-currentFinancialInstruments d:AfterOneYear 2023-09-30 04109452 d:Non-currentFinancialInstruments d:BetweenTwoFiveYears 2024-09-30 04109452 d:Non-currentFinancialInstruments d:BetweenTwoFiveYears 2023-09-30 04109452 d:Non-currentFinancialInstruments d:MoreThanFiveYears 2024-09-30 04109452 d:Non-currentFinancialInstruments d:MoreThanFiveYears 2023-09-30 04109452 d:ShareCapital 2024-09-30 04109452 d:ShareCapital 2023-09-30 04109452 d:RetainedEarningsAccumulatedLosses 2024-09-30 04109452 d:RetainedEarningsAccumulatedLosses 2023-09-30 04109452 c:OrdinaryShareClass1 2023-10-01 2024-09-30 04109452 c:OrdinaryShareClass1 2024-09-30 04109452 c:OrdinaryShareClass1 2023-09-30 04109452 c:FRS102 2023-10-01 2024-09-30 04109452 c:AuditExempt-NoAccountantsReport 2023-10-01 2024-09-30 04109452 c:FullAccounts 2023-10-01 2024-09-30 04109452 c:PrivateLimitedCompanyLtd 2023-10-01 2024-09-30 04109452 2 2023-10-01 2024-09-30 04109452 e:PoundSterling 2023-10-01 2024-09-30 iso4217:GBP xbrli:shares xbrli:pure

Registered number: 04109452










START TECHNOLOGY LIMITED








UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 30 SEPTEMBER 2024

 
START TECHNOLOGY LIMITED
REGISTERED NUMBER: 04109452

BALANCE SHEET
AS AT 30 SEPTEMBER 2024

2024
2023
Note
£
£

Fixed assets
  

Tangible assets
 4 
314,678
325,461

  
314,678
325,461

Current assets
  

Stocks
 5 
14,322
14,033

Debtors: amounts falling due within one year
 6 
224,965
246,164

Cash at bank and in hand
 7 
234,732
173,270

  
474,019
433,467

Creditors: amounts falling due within one year
 8 
(328,129)
(345,828)

Net current assets
  
 
 
145,890
 
 
87,639

Total assets less current liabilities
  
460,568
413,100

Creditors: amounts falling due after more than one year
 9 
(111,945)
(134,050)

Provisions for liabilities
  

Deferred tax
  
(5,454)
(6,534)

  
 
 
(5,454)
 
 
(6,534)

Net assets
  
343,169
272,516


Capital and reserves
  

Called up share capital 
 11 
1,300
1,300

Profit and loss account
  
341,869
271,216

  
343,169
272,516

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START TECHNOLOGY LIMITED
REGISTERED NUMBER: 04109452
    
BALANCE SHEET (CONTINUED)
AS AT 30 SEPTEMBER 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 profit and loss account 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 25 April 2025.




Mr I Groves
Director

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

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START TECHNOLOGY LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2024

1.


General information

Start Technology Limited, 04109452, is a private limited company, limited by shares, incorporated in England and Wales, with its registered office and principal place of business at 9 Sweetlake Business Village, Longden Road, Shrewsbury, SY3 9EW.

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

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:

Sale of goods

Revenue from the sale of goods is recognised when all of the following conditions are satisfied:
the Company has transferred the significant risks and rewards of ownership to the buyer;
the Company retains neither continuing managerial involvement to the degree usually associated with ownership nor effective control over the goods sold;
the amount of revenue can be measured reliably;
it is probable that the Company will receive the consideration due under the transaction; and
the costs incurred or to be incurred in respect of the transaction can be measured reliably.

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.

img3cf2.png Page 3

 
START TECHNOLOGY LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2024

2.Accounting policies (continued)

 
2.3

Operating leases: the Company as lessee

Rentals paid under operating leases are charged to profit or loss on a straight-line basis over the lease term.

Benefits received and receivable as an incentive to sign an operating lease are recognised on a straight-line basis over the lease term, unless another systematic basis is representative of the time pattern of the lessee's benefit from the use of the leased asset.

 
2.4

Government grants

Grants are accounted under the accruals model as permitted by FRS 102. Grants relating to expenditure on tangible fixed assets are credited to profit or loss at the same rate as the depreciation on the assets to which the grant relates. The deferred element of grants is included in creditors as deferred income.
Grants of a revenue nature are recognised in the Profit and loss account in the same period as the related expenditure.

 
2.5

Interest income

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

 
2.6

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.

 
2.7

Borrowing costs

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

 
2.8

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.

img7448.png Page 4

 
START TECHNOLOGY LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2024

2.Accounting policies (continued)

 
2.9

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.


 
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:

Freehold property
-
2% straight line
Fixtures and fittings
-
33.3% 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.

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START TECHNOLOGY LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2024

2.Accounting policies (continued)

 
2.11

Stocks

Stocks are stated at the lower of cost and net realisable value, being the estimated selling price less costs to complete and sell. Cost is based on the cost of purchase on a first in, first out basis. Work in progress and finished goods include labour and attributable overheads.

At each balance sheet date, stocks are assessed for impairment. If stock is impaired, the carrying amount is reduced to its selling price less costs to complete and sell. The impairment loss is recognised immediately in profit or loss.

 
2.12

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.

 
2.13

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.

 
2.14

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.

 
2.15

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.

 
2.16

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 directors, during the year was 18 (2023 - 16).

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START TECHNOLOGY LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2024

4.


Tangible fixed assets





Freehold property
  Furniture, fittings & equipment
Total

£
£
£



Cost or valuation


At 1 October 2023
309,538
46,304
355,842


Additions
-
11,193
11,193



At 30 September 2024

309,538
57,497
367,035



Depreciation


At 1 October 2023
11,749
18,633
30,382


Charge for the year on owned assets
6,191
15,784
21,975



At 30 September 2024

17,940
34,417
52,357



Net book value



At 30 September 2024
291,598
23,080
314,678



At 30 September 2023
297,789
27,672
325,461


5.


Stocks

2024
2023
£
£

Raw materials and consumables
14,322
14,033

14,322
14,033


img41b1.png Page 7

 
START TECHNOLOGY LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2024

6.


Debtors

2024
2023
£
£


Trade debtors
199,772
212,680

Other debtors
-
14,238

Prepayments and accrued income
25,193
19,246

224,965
246,164



7.


Cash and cash equivalents

2024
2023
£
£

Cash at bank and in hand
234,732
173,270

234,732
173,270



8.


Creditors: Amounts falling due within one year

2024
2023
£
£

Bank loans
25,300
25,300

Trade creditors
80,825
111,672

Other taxation and social security
86,332
77,200

Other creditors
89,448
83,450

Accruals and deferred income
46,224
48,206

328,129
345,828



9.


Creditors: Amounts falling due after more than one year

2024
2023
£
£

Bank loans
111,945
134,050

111,945
134,050


The bank loan is secured by a fixed and floating charge.

img7149.png Page 8

 
START TECHNOLOGY LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2024

10.


Loans


Analysis of the maturity of loans is given below:


2024
2023
£
£

Amounts falling due within one year

Bank loans
25,300
25,300


25,300
25,300


Amounts falling due 2-5 years

Bank loans
67,867
77,867


67,867
77,867

Amounts falling due after more than 5 years

Bank loans
44,078
56,183

44,078
56,183

137,245
159,350



11.


Share capital

2024
2023
£
£
Allotted, called up and fully paid



1,300 (2023 - 1,300) Ordinary shares shares of £1.00 each
1,300
1,300


 
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