Caseware UK (AP4) 2024.0.164 2024.0.164 2024-05-312024-05-312025-05-132023-06-01falseNo 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 13277826 2023-06-01 2024-05-31 13277826 2022-06-01 2023-05-31 13277826 2024-05-31 13277826 2023-05-31 13277826 c:Director1 2023-06-01 2024-05-31 13277826 d:PlantMachinery 2023-06-01 2024-05-31 13277826 d:PlantMachinery 2024-05-31 13277826 d:PlantMachinery 2023-05-31 13277826 d:PlantMachinery d:OwnedOrFreeholdAssets 2023-06-01 2024-05-31 13277826 d:OfficeEquipment 2023-06-01 2024-05-31 13277826 d:OfficeEquipment 2024-05-31 13277826 d:OfficeEquipment 2023-05-31 13277826 d:OfficeEquipment d:OwnedOrFreeholdAssets 2023-06-01 2024-05-31 13277826 d:OwnedOrFreeholdAssets 2023-06-01 2024-05-31 13277826 d:CurrentFinancialInstruments 2024-05-31 13277826 d:CurrentFinancialInstruments 2023-05-31 13277826 d:CurrentFinancialInstruments d:WithinOneYear 2024-05-31 13277826 d:CurrentFinancialInstruments d:WithinOneYear 2023-05-31 13277826 d:ShareCapital 2024-05-31 13277826 d:ShareCapital 2023-05-31 13277826 d:RetainedEarningsAccumulatedLosses 2024-05-31 13277826 d:RetainedEarningsAccumulatedLosses 2023-05-31 13277826 c:OrdinaryShareClass1 2023-06-01 2024-05-31 13277826 c:OrdinaryShareClass1 2024-05-31 13277826 c:OrdinaryShareClass1 2023-05-31 13277826 c:FRS102 2023-06-01 2024-05-31 13277826 c:AuditExempt-NoAccountantsReport 2023-06-01 2024-05-31 13277826 c:FullAccounts 2023-06-01 2024-05-31 13277826 c:PrivateLimitedCompanyLtd 2023-06-01 2024-05-31 13277826 6 2023-06-01 2024-05-31 13277826 e:PoundSterling 2023-06-01 2024-05-31 xbrli:shares iso4217:GBP xbrli:pure

Registered number: 13277826










Trugym Topco Ltd








Unaudited

Financial statements

Information for filing with the registrar

For the year ended 31 May 2024

 
Trugym Topco Ltd
Registered number: 13277826

Balance sheet
As at 31 May 2024

2024
2023
Note
£
£

Fixed assets
  

Tangible assets
 4 
51,642
42,515

Investments
 5 
201
201

  
51,843
42,716

Current assets
  

Debtors: amounts falling due within one year
 6 
1,023,149
650,267

Cash at bank and in hand
  
833
653

  
1,023,982
650,920

Creditors: amounts falling due within one year
 7 
(677,940)
(558,165)

Net current assets
  
 
 
346,042
 
 
92,755

Total assets less current liabilities
  
397,885
135,471

  

Net assets
  
397,885
135,471


Capital and reserves
  

Called up share capital 
 8 
200
200

Profit and loss account
  
397,685
135,271

  
397,885
135,471


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 his 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 income and retained earnings 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 13 May 2025.




K Singh
Director

The notes on pages 2 to 5 form part of these financial statements.

Page 1

 
Trugym Topco Ltd
 

 
Notes to the financial statements
For the year ended 31 May 2024

1.


General information

Trugym Topco Ltd is a private company limited by shares and is incorporated in England with registration number 13277826. The registered office address of the company is Innovation House, Ramsgate Road, Sandwich, Kent, CT13 9FF.

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 company's functional and presentational currency is Pounds Sterling.
The financial statements are rounded to the nearest pound.

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

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.


Page 2

 
Trugym Topco Ltd
 

 
Notes to the financial statements
For the year ended 31 May 2024

2.Accounting policies (continued)

 
2.4

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, on a reducing balance basis.

Depreciation is provided on the following basis:

Plant and machinery
-
20%
Reducing balance
Office equipment
-
20%
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.

 
2.5

Valuation of investments

Investments in subsidiaries are measured at cost less accumulated impairment.

 
2.6

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.

 
2.7

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

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 directors, during the year was 1 (2023 - 1).

Page 3

 
Trugym Topco Ltd
 

 
Notes to the financial statements
For the year ended 31 May 2024

4.


Tangible fixed assets





Plant and machinery
Office equipment
Total

£
£
£



Cost or valuation


At 1 June 2023
55,378
1,005
56,383


Additions
22,038
-
22,038



At 31 May 2024

77,416
1,005
78,421



Depreciation


At 1 June 2023
13,667
201
13,868


Charge for the year on owned assets
12,750
161
12,911



At 31 May 2024

26,417
362
26,779



Net book value



At 31 May 2024
50,999
643
51,642



At 31 May 2023
41,711
804
42,515


5.


Fixed asset investments





Investments in subsidiary companies

£



Cost or valuation


At 1 June 2023
201



At 31 May 2024
201





6.


Debtors

2024
2023
£
£


Amounts owed by group undertakings
988,704
542,001

Other debtors
12,266
12,266

Prepayments and accrued income
22,179
96,000

1,023,149
650,267


Page 4

 
Trugym Topco Ltd
 

 
Notes to the financial statements
For the year ended 31 May 2024

7.


Creditors: Amounts falling due within one year

2024
2023
£
£

Trade creditors
70,427
63,861

Amounts owed to group undertakings
427,483
489,475

Corporation tax
77,111
-

Other taxation and social security
102,513
4,829

Other creditors
406
-

677,940
558,165



8.


Share capital

2024
2023
£
£
Allotted, called up and fully paid



200 (2023 - 200) Ordinary Shares shares of £1.00 each
200
200



9.


Related party transactions

All related party transactions during the current period, including key management personnel compensation, were made under normal market conditions.


10.


Controlling party

The director considers there to be no ultimate controlling party.


Page 5