Caseware UK (AP4) 2023.0.135 2023.0.135 2024-08-312024-08-31The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.2023-09-01falseNo description of principal activity22truetruefalse 04503910 2023-09-01 2024-08-31 04503910 2022-09-01 2023-08-31 04503910 2024-08-31 04503910 2023-08-31 04503910 c:Director2 2023-09-01 2024-08-31 04503910 d:FurnitureFittings 2023-09-01 2024-08-31 04503910 d:FurnitureFittings 2024-08-31 04503910 d:FurnitureFittings 2023-08-31 04503910 d:FurnitureFittings d:OwnedOrFreeholdAssets 2023-09-01 2024-08-31 04503910 d:ComputerEquipment 2023-09-01 2024-08-31 04503910 d:ComputerEquipment 2024-08-31 04503910 d:ComputerEquipment 2023-08-31 04503910 d:ComputerEquipment d:OwnedOrFreeholdAssets 2023-09-01 2024-08-31 04503910 d:OwnedOrFreeholdAssets 2023-09-01 2024-08-31 04503910 d:Goodwill 2024-08-31 04503910 d:Goodwill 2023-08-31 04503910 d:CurrentFinancialInstruments 2024-08-31 04503910 d:CurrentFinancialInstruments 2023-08-31 04503910 d:CurrentFinancialInstruments d:WithinOneYear 2024-08-31 04503910 d:CurrentFinancialInstruments d:WithinOneYear 2023-08-31 04503910 d:ShareCapital 2024-08-31 04503910 d:ShareCapital 2023-08-31 04503910 d:RetainedEarningsAccumulatedLosses 2024-08-31 04503910 d:RetainedEarningsAccumulatedLosses 2023-08-31 04503910 c:FRS102 2023-09-01 2024-08-31 04503910 c:AuditExempt-NoAccountantsReport 2023-09-01 2024-08-31 04503910 c:FullAccounts 2023-09-01 2024-08-31 04503910 c:PrivateLimitedCompanyLtd 2023-09-01 2024-08-31 04503910 e:PoundSterling 2023-09-01 2024-08-31 iso4217:GBP xbrli:pure
Registered number: 04503910

















ENOTIONS LIMITED
UNAUDITED
FINANCIAL STATEMENTS
INFORMATION FOR FILING WITH THE REGISTRAR
FOR THE YEAR ENDED 31 AUGUST 2024















Fletcher & Partners
Chartered Accountants
Salisbury

 
ENOTIONS LIMITED
REGISTERED NUMBER:04503910

BALANCE SHEET
AS AT 31 AUGUST 2024

2024
2023
Note
£
£

Fixed assets
  

Tangible assets
 5 
2,682
3,185

  
2,682
3,185

Current assets
  

Debtors: amounts falling due within one year
 6 
15,702
16,145

Cash at bank and in hand
 7 
52
62

  
15,754
16,207

Creditors: amounts falling due within one year
 8 
(18,434)
(14,039)

Net current (liabilities)/assets
  
 
 
(2,680)
 
 
2,168

Total assets less current liabilities
  
2
5,353

  

Net assets
  
2
5,353


Capital and reserves
  

Called up share capital 
  
2
2

Profit and loss account
  
-
5,351

  
2
5,353


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 by: 

R Richardson
Director

Date: 29 April 2025

The notes on pages 2 to 6 form part of these financial statements.

Page 1

 
ENOTIONS LIMITED
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2024

1.


General information

Enotions Limited is a private company limited by shares, incorporated in England and Wales with the registered number 04503910. Its registered office is Crown Chambers, Bridge Street, Salisbury, Wiltshire, SP1 2LZ.

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

Going concern

Enotions Limited is still considered a going concern.

 
2.3

Revenue

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.

 
2.4

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.

 
2.5

Tangible fixed assets

Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses.

Page 2

 
ENOTIONS LIMITED
 

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

2.Accounting policies (continued)


2.5
Tangible fixed assets (continued)

Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, on a reducing balance basis.

Depreciation is provided on the following basis:

Fixtures & fittings
-
15% reducing balance
Computer equipment
-
15% 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.

 
2.6

Debtors

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

 
2.7

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.

  
2.8

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. 

 
2.9

Creditors

Short term creditors are measured at the transaction price.

 
2.10

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.

 
2.11

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.

Page 3

 
ENOTIONS LIMITED
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2024

3.


Employees

2024
2023
£
£

Wages and salaries
18,253
19,775

18,253
19,775


The average monthly number of employees, including directors, during the year was 2 (2023 - 2).


4.


Intangible assets




Goodwill

£



Cost


At 1 September 2023
7,500



At 31 August 2024

7,500



Amortisation


At 1 September 2023
7,500



At 31 August 2024

7,500



Net book value



At 31 August 2024
-



At 31 August 2023
-



Page 4

 
ENOTIONS LIMITED
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2024

5.


Tangible fixed assets





Fixtures & fittings
Computer equipment
Total

£
£
£



Cost or valuation


At 1 September 2023
1,622
13,249
14,871


Disposals
-
(463)
(463)



At 31 August 2024

1,622
12,786
14,408



Depreciation


At 1 September 2023
1,622
10,064
11,686


Charge for the year on owned assets
-
474
474


Disposals
-
(434)
(434)



At 31 August 2024

1,622
10,104
11,726



Net book value



At 31 August 2024
-
2,682
2,682



At 31 August 2023
-
3,185
3,185

Page 5

 
ENOTIONS LIMITED
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2024

6.


Debtors

2024
2023
£
£


Trade debtors
2,344
5,147

Other debtors
11,219
9,186

Tax recoverable
2,139
1,812

15,702
16,145



7.


Cash and cash equivalents

2024
2023
£
£

Cash at bank and in hand
52
62

Less: bank overdrafts
(6,586)
(3,663)

(6,534)
(3,601)



8.


Creditors: Amounts falling due within one year

2024
2023
£
£

Bank overdrafts
6,586
3,663

Trade creditors
2,476
209

Corporation tax
5,161
5,085

Other taxation and social security
2,361
3,342

Accruals and deferred income
1,850
1,740

18,434
14,039



Page 6