Caseware UK (AP4) 2023.0.135 2023.0.135 2024-12-312024-12-31false2024-01-01false2the sale of publications relating to the construction industry2trueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.false 02943751 2024-01-01 2024-12-31 02943751 2023-01-01 2023-12-31 02943751 2024-12-31 02943751 2023-12-31 02943751 c:Director1 2024-01-01 2024-12-31 02943751 c:Director2 2024-01-01 2024-12-31 02943751 d:ComputerEquipment 2024-01-01 2024-12-31 02943751 d:ComputerEquipment 2024-12-31 02943751 d:ComputerEquipment 2023-12-31 02943751 d:ComputerEquipment d:OwnedOrFreeholdAssets 2024-01-01 2024-12-31 02943751 d:CurrentFinancialInstruments 2024-12-31 02943751 d:CurrentFinancialInstruments 2023-12-31 02943751 d:CurrentFinancialInstruments d:WithinOneYear 2024-12-31 02943751 d:CurrentFinancialInstruments d:WithinOneYear 2023-12-31 02943751 d:ShareCapital 2024-12-31 02943751 d:ShareCapital 2023-12-31 02943751 d:RetainedEarningsAccumulatedLosses 2024-12-31 02943751 d:RetainedEarningsAccumulatedLosses 2023-12-31 02943751 c:FRS102 2024-01-01 2024-12-31 02943751 c:AuditExempt-NoAccountantsReport 2024-01-01 2024-12-31 02943751 c:FullAccounts 2024-01-01 2024-12-31 02943751 c:PrivateLimitedCompanyLtd 2024-01-01 2024-12-31 02943751 2 2024-01-01 2024-12-31 02943751 e:PoundSterling 2024-01-01 2024-12-31 iso4217:GBP xbrli:pure
Registered number: 02943751


CONSTRUCTION INDUSTRY PUBLICATIONS LTD
UNAUDITED
FINANCIAL STATEMENTS
INFORMATION FOR FILING WITH THE REGISTRAR
FOR THE YEAR ENDED 31 DECEMBER 2024

 
CONSTRUCTION INDUSTRY PUBLICATIONS LTD
 

CONTENTS



Page
Balance sheet
 
 
1 - 2
Notes to the financial statements
 
 
3 - 7


 
CONSTRUCTION INDUSTRY PUBLICATIONS LTD
REGISTERED NUMBER:02943751

BALANCE SHEET
AS AT 31 DECEMBER 2024

2024
2023
Note
£
£

Fixed assets
  

Tangible assets
 4 
3,535
2,854

Current assets
  

Stocks
  
13,390
14,035

Debtors: amounts falling due within one year
 5 
34,310
43,814

Cash at bank and in hand
 6 
51,065
67,954

  
98,765
125,803

Creditors: amounts falling due within one year
 7 
(18,925)
(32,324)

Net current assets
  
 
 
79,840
 
 
93,479

Net assets
  
83,375
96,333


Capital and reserves
  

Called up share capital 
  
2
2

Profit and loss account
  
83,373
96,331

  
83,375
96,333


Page 1

 
CONSTRUCTION INDUSTRY PUBLICATIONS LTD
REGISTERED NUMBER:02943751
    
BALANCE SHEET (CONTINUED)
AS AT 31 DECEMBER 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 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 by: 






................................................
J W Bradley
................................................
J A Southworth
Director
Director


Date: 30 April 2025

The notes on pages 3 to 7 form part of these financial statements.

Page 2

 
CONSTRUCTION INDUSTRY PUBLICATIONS LTD
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024

1.


GENERAL INFORMATION

The principal activity of the company during the year was the sale of publications relating to the construction industry and is expected to remain so for the foreseeable future. The company, limited by shares is a private company and is incorporated and domiciled in England and Wales, registered number 02943751. The address of its registered office is Peterhill, 49 Monument Lane, Chalfont St Peter, Gerrards Cross, SL9 0HY. The trading address is 50-56 Portman Road, Reading, Berkshire RG30 1EA.

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

FOREIGN CURRENCY TRANSLATION

Functional and presentation currency

The Company's functional and presentational currency is GBP and rounded to the nearest £1.

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.

 
2.3

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.

Page 3

 
CONSTRUCTION INDUSTRY PUBLICATIONS LTD
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024

2.ACCOUNTING POLICIES (CONTINUED)

 
2.4

INTEREST INCOME

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

 
2.5

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.

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.


 
2.6

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:

Computer equipment
-
4 years

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.

Page 4

 
CONSTRUCTION INDUSTRY PUBLICATIONS LTD
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024

2.ACCOUNTING POLICIES (CONTINUED)

 
2.7

STOCKS

Stocks are stated at the lower of cost and net realisable value, being the estimated selling price less costs to complete and sell. Work in progress and finished goods include labour and attributable overheads.
At each balance sheet date, stocks are assessed for impairment and obsolescence. 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.

 
2.8

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.

 
2.10

CREDITORS

Short term creditors are measured at the transaction price. Other financial liabilities, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

 
2.11

DIVIDENDS

Final dividends are recognised when approved by the directors at a board meeting. Dividends on shares recognised as liabilities are included in other creditors/current liabilities in the financial statements.


3.


TAXATION

Deferred taxation has been considered but not accounted for, at 31 December 2024 taxation losses carried forward totalled £149,854 (2023 - £135,945).

Page 5

 
CONSTRUCTION INDUSTRY PUBLICATIONS LTD
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024

4.


TANGIBLE FIXED ASSETS





Computer equipment

£



Cost or valuation


At 1 January 2024
83,250


Additions
2,880



At 31 December 2024

86,130



Depreciation


At 1 January 2024
80,396


Charge for the year on owned assets
2,199



At 31 December 2024

82,595



Net book value



At 31 December 2024
3,535



At 31 December 2023
2,854


5.


DEBTORS

2024
2023
£
£


Trade debtors
26,029
34,822

Other debtors
64
461

Prepayments and accrued income
8,217
8,531

34,310
43,814



6.


CASH AND CASH EQUIVALENTS

2024
2023
£
£

Cash at bank and in hand
51,065
67,954


Page 6

 
CONSTRUCTION INDUSTRY PUBLICATIONS LTD
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024

7.


CREDITORS: Amounts falling due within one year

2024
2023
£
£

Trade creditors
15,725
17,487

Other taxation and social security
114
-

Other creditors
-
10,570

Accruals and deferred income
3,086
4,267

18,925
32,324



8.


Financial instruments

All debtors and creditors are basic financial instruments and are held at amortised cost.


9.


CONTROLLING PARTY

The Company is controlled by the directors by virtue of their office in the Company. 

 
Page 7