Caseware UK (AP4) 2023.0.135 2023.0.135 2024-12-312024-12-312024-01-01falseNo description of principal activity11falsetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.false 14350647 2024-01-01 2024-12-31 14350647 2022-09-12 2023-12-31 14350647 2024-12-31 14350647 2023-12-31 14350647 c:Director1 2024-01-01 2024-12-31 14350647 d:OfficeEquipment 2024-01-01 2024-12-31 14350647 d:OfficeEquipment 2024-12-31 14350647 d:OfficeEquipment 2023-12-31 14350647 d:OfficeEquipment d:OwnedOrFreeholdAssets 2024-01-01 2024-12-31 14350647 d:ComputerEquipment 2024-01-01 2024-12-31 14350647 d:ComputerEquipment 2024-12-31 14350647 d:ComputerEquipment 2023-12-31 14350647 d:ComputerEquipment d:OwnedOrFreeholdAssets 2024-01-01 2024-12-31 14350647 d:OwnedOrFreeholdAssets 2024-01-01 2024-12-31 14350647 d:CurrentFinancialInstruments 2024-12-31 14350647 d:CurrentFinancialInstruments 2023-12-31 14350647 d:CurrentFinancialInstruments d:WithinOneYear 2024-12-31 14350647 d:CurrentFinancialInstruments d:WithinOneYear 2023-12-31 14350647 d:ShareCapital 2024-12-31 14350647 d:ShareCapital 2023-12-31 14350647 d:RetainedEarningsAccumulatedLosses 2024-12-31 14350647 d:RetainedEarningsAccumulatedLosses 2023-12-31 14350647 c:OrdinaryShareClass1 2024-01-01 2024-12-31 14350647 c:OrdinaryShareClass1 2024-12-31 14350647 c:OrdinaryShareClass1 2023-12-31 14350647 c:FRS102 2024-01-01 2024-12-31 14350647 c:AuditExempt-NoAccountantsReport 2024-01-01 2024-12-31 14350647 c:FullAccounts 2024-01-01 2024-12-31 14350647 c:PrivateLimitedCompanyLtd 2024-01-01 2024-12-31 14350647 2 2024-01-01 2024-12-31 14350647 e:PoundSterling 2024-01-01 2024-12-31 xbrli:shares iso4217:GBP xbrli:pure
Registered number: 14350647













RAPTOR LABS LIMITED
UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR
FOR THE YEAR ENDED 31 DECEMBER 2024


 
RAPTOR LABS LIMITED
REGISTERED NUMBER:14350647


BALANCE SHEET
AS AT 31 DECEMBER 2024

2024
2023
Note
£
£

Fixed assets
  

Tangible assets
 4 
2,797
3,931

  
2,797
3,931

Current assets
  

Debtors: amounts falling due within one year
 5 
9,492
672

Cash at bank and in hand
  
173,263
145,557

  
182,755
146,229

Creditors: amounts falling due within one year
 6 
(25,439)
(42,188)

Net current assets
  
 
 
157,316
 
 
104,041

Total assets less current liabilities
  
160,113
107,972

  

Net assets
  
160,113
107,972


Capital and reserves
  

Called up share capital 
  
1
1

Profit and loss account
  
160,112
107,971

  
160,113
107,972


Page 1


 
RAPTOR LABS LIMITED
REGISTERED NUMBER:14350647

    
BALANCE SHEET (CONTINUED)
AS AT 31 DECEMBER 2024

The director considers 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 director acknowledges her responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The Company's financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

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 28 April 2025.




Dr Diana Velazquez-Pimentel
Director

The notes on pages 3 to 6 form part of these financial statements.

Page 2


 
RAPTOR LABS LIMITED
 

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


1.


General information

Raptor Labs Limited (company number: 14350647) is a private company limited by shares and incorporated in England and Wales. Its registered office is Flat 302 560 Chiswick High Road, London, England, W4 5RR.
The presentational currency is the Pound Sterling (£).

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 Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006.

The preparation of financial statements in compliance with FRS 102 requires the use of certain critical accounting estimates. It also requires management to exercise judgment in applying the Company's accounting policies.

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:

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.

 
2.3

Interest income

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

 
2.4

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.

Page 3

 
RAPTOR LABS LIMITED
 

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

2.Accounting policies (continued)

 
2.5

Borrowing costs

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

 
2.6

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 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.


 
2.7

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:

Office equipment
-
25%
Computer equipment
-
25%

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.

 
2.8

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.

 
2.9

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 4

 
RAPTOR LABS LIMITED
 

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

2.Accounting policies (continued)

 
2.10

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.


3.


Employees

The average monthly number of employees, including the director, during the period was 1. 







4.


Tangible fixed assets





Office equipment
Computer equipment
Total

£
£
£



Cost or valuation


At 1 January 2024
3,220
1,316
4,536



At 31 December 2024

3,220
1,316
4,536



Depreciation


At 1 January 2024
583
22
605


Charge for the year on owned assets
805
329
1,134



At 31 December 2024

1,388
351
1,739



Net book value



At 31 December 2024
1,832
965
2,797



At 31 December 2023
2,637
1,294
3,931

Page 5


 
RAPTOR LABS LIMITED
 

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


5.


Debtors

2024
2023
£
£


Trade debtors
9,492
-

Other debtors
-
672



6.


Creditors: amounts falling due within one year

2024
2023
£
£

Bank overdrafts
256
1,010

Corporation tax
14,245
30,770

Other creditors
8,238
7,708

Accruals and deferred income
2,700
2,700

25,439
42,188



7.


Share capital

2024
2023
£
£
Allotted, called up and fully paid



1 (2023 - 1) Ordinary share of £1.00
1
1


 
Page 6