Caseware UK (AP4) 2024.0.164 2024.0.164 2024-12-312024-12-312025-05-12consultancy services32024-01-013falsefalsetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.false 12778050 2024-01-01 2024-12-31 12778050 2023-01-01 2023-12-31 12778050 2024-12-31 12778050 2023-12-31 12778050 c:Director1 2024-01-01 2024-12-31 12778050 d:CurrentFinancialInstruments 2024-12-31 12778050 d:CurrentFinancialInstruments 2023-12-31 12778050 d:CurrentFinancialInstruments d:WithinOneYear 2024-12-31 12778050 d:CurrentFinancialInstruments d:WithinOneYear 2023-12-31 12778050 d:ShareCapital 2024-12-31 12778050 d:ShareCapital 2023-12-31 12778050 d:RetainedEarningsAccumulatedLosses 2024-12-31 12778050 d:RetainedEarningsAccumulatedLosses 2023-12-31 12778050 c:OrdinaryShareClass1 2024-01-01 2024-12-31 12778050 c:OrdinaryShareClass1 2024-12-31 12778050 c:OrdinaryShareClass1 2023-12-31 12778050 c:FRS102 2024-01-01 2024-12-31 12778050 c:AuditExempt-NoAccountantsReport 2024-01-01 2024-12-31 12778050 c:FullAccounts 2024-01-01 2024-12-31 12778050 c:PrivateLimitedCompanyLtd 2024-01-01 2024-12-31 12778050 4 2024-01-01 2024-12-31 12778050 e:PoundSterling 2024-01-01 2024-12-31 xbrli:shares iso4217:GBP xbrli:pure
Registered number: 12778050














CP INT LIMITED
UNAUDITED
FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024

 
CP INT LIMITED
 

CONTENTS



Page
Statement of Financial Position
 
1
Notes to the Financial Statements
 
2 - 4


 
CP INT LIMITED
REGISTERED NUMBER:12778050

STATEMENT OF FINANCIAL POSITION
AS AT 31 DECEMBER 2024

2024
2023
Note
£
£

Current assets
  

Debtors: amounts falling due within one year
 4 
306,043
239,567

Cash at bank and in hand
  
200,987
61,440

  
507,030
301,007

Current liabilities
  

Creditors: amounts falling due within one year
 5 
(2,822,706)
(431,049)

  

Net liabilities
  
(2,315,676)
(130,042)


Capital and reserves
  

Called up share capital 
 6 
1
1

Profit and loss account
  
(2,315,677)
(130,043)

  
(2,315,676)
(130,042)


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 12 May 2025.




P Benassi
Director

The notes on pages 2 to 4 form part of these financial statements.

Page 1

 
CP INT LIMITED
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024

1.


General information

CP Int Limited is a private limited company incorporated in England and Wales, with its registered office address at 5 Elstree Gate, Elstree Way, Borehamwood, Hertfordshire, WD6 1JD.
The principal activity of the Company continued to be that of provision of consultancy services.

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 basis of accounting

The financial statements have been prepared on a going concern basis, which assumes that the Company will continue in operational existence for the foreseeable future and will be able to meet its liabilities as they fall due.
As at 31 December 2024, the Company had accumulated losses and a net liability position of £2,315,677, indicating the existence of a material uncertainty as to whether the Company will have adequate resources to fully realise its assets and discharge its liabilities in the normal course of business and continue in operational existence for the foreseeable future, casting significant doubt over its ability to continue as a going concern. The financial statements do not include any provision for additional costs that may be incurred if the Company ceases to be a going concern.

 
2.3

Foreign currency translation

Functional and presentation currency

The Company's functional and presentational currency is £ Sterling.

Transactions and balances

Foreign currency transactions are translated into the functional currency using the spot exchange rates at the dates of the transactions.

At each period end foreign currency monetary items are translated using the closing rate. Non-monetary items measured at historical cost are translated using the exchange rate at the date of the transaction and non-monetary items measured at fair value are measured using the exchange rate when fair value was determined.

 
2.4

Turnover

Turnover 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 for services is recognised in the period in which the services are provided.

Page 2

 
CP INT LIMITED
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024

2.Accounting policies (continued)

 
2.5

Finance costs

Finance costs are charged to the Statement of Comprehensive Income 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.

 
2.6

Pensions

Defined contribution pension plan
The Company contributes to 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 the Statement of Comprehensive Income 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.

 
2.7

Taxation

Tax is recognised in the Statement of Comprehensive Income 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.

 
2.8

Exceptional items

Exceptional items are transactions that fall within the ordinary activities of the Company but are presented separately due to their size or incidence.

 
2.9

Debtors

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

 
2.10

Cash and cash equivalents

Cash is represented by cash in hand and deposits with financial institutions.

 
2.11

Creditors

Short-term creditors are measured at the transaction price.


3.


Employees

The average monthly number of employees, including directors, during the year was 3 (2023 - 3).

Page 3

 
CP INT LIMITED
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024

4.


Debtors

2024
2023
£
£

Trade debtors
305,702
110,025

Other debtors
341
42

Prepayments and accrued income
-
129,500

306,043
239,567



5.


Creditors: Amounts falling due within one year

2024
2023
£
£

Trade creditors
6,607
2,458

Amounts owed to group undertakings
955,971
386,206

Taxation and social security
1,292
29,798

Other creditors
9,261
10,072

Accruals and deferred income
1,849,575
2,515

2,822,706
431,049



6.


Share capital

2024
2023
£
£
Allotted, called up and fully paid



100 (2023 - 100) Ordinary shares of £0.01 each
1
1



7.


Related party transactions

The Company has taken advantage of the exemption under FRS102 33.1A Related Party Disclosures not to disclose transactions entered into between two or more members of a group, provided that any subsidiary undertaking which is a party to the transaction is wholly owned by a member of that group.


8.


Controlling party

The ultimate parent company and controlling party is CPH SAS, a company registered in France.

 
Page 4