Caseware UK (AP4) 2024.0.164 2024.0.164 2024-12-312024-12-31false102024-05-01falsedata processing, hosting and related activities7falsetrue 07695349 2024-05-01 2024-12-31 07695349 2023-08-01 2024-04-30 07695349 2024-12-31 07695349 2024-04-30 07695349 c:Director1 2024-05-01 2024-12-31 07695349 d:PlantMachinery 2024-05-01 2024-12-31 07695349 d:PlantMachinery 2024-12-31 07695349 d:PlantMachinery 2024-04-30 07695349 d:PlantMachinery d:OwnedOrFreeholdAssets 2024-05-01 2024-12-31 07695349 d:CurrentFinancialInstruments 2024-12-31 07695349 d:CurrentFinancialInstruments 2024-04-30 07695349 d:Non-currentFinancialInstruments 2024-12-31 07695349 d:Non-currentFinancialInstruments 2024-04-30 07695349 d:CurrentFinancialInstruments d:WithinOneYear 2024-12-31 07695349 d:CurrentFinancialInstruments d:WithinOneYear 2024-04-30 07695349 d:Non-currentFinancialInstruments d:AfterOneYear 2024-12-31 07695349 d:Non-currentFinancialInstruments d:AfterOneYear 2024-04-30 07695349 d:Non-currentFinancialInstruments d:BetweenOneTwoYears 2024-12-31 07695349 d:Non-currentFinancialInstruments d:BetweenOneTwoYears 2024-04-30 07695349 d:ShareCapital 2024-12-31 07695349 d:ShareCapital 2024-04-30 07695349 d:RetainedEarningsAccumulatedLosses 2024-12-31 07695349 d:RetainedEarningsAccumulatedLosses 2024-04-30 07695349 c:OrdinaryShareClass1 2024-05-01 2024-12-31 07695349 c:OrdinaryShareClass1 2024-12-31 07695349 c:OrdinaryShareClass1 2024-04-30 07695349 c:OrdinaryShareClass2 2024-05-01 2024-12-31 07695349 c:OrdinaryShareClass2 2024-12-31 07695349 c:OrdinaryShareClass2 2024-04-30 07695349 c:OrdinaryShareClass3 2024-05-01 2024-12-31 07695349 c:OrdinaryShareClass3 2024-12-31 07695349 c:OrdinaryShareClass3 2024-04-30 07695349 c:FRS102 2024-05-01 2024-12-31 07695349 c:Audited 2024-05-01 2024-12-31 07695349 c:FullAccounts 2024-05-01 2024-12-31 07695349 c:PrivateLimitedCompanyLtd 2024-05-01 2024-12-31 07695349 c:SmallCompaniesRegimeForAccounts 2024-05-01 2024-12-31 07695349 2 2024-05-01 2024-12-31 07695349 e:PoundSterling 2024-05-01 2024-12-31 iso4217:GBP xbrli:shares xbrli:pure

Registered number: 07695349









THOMSON SCREENING SOLUTIONS LTD









FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE 8 MONTH PERIOD ENDED 31 DECEMBER 2024

 
THOMSON SCREENING SOLUTIONS LTD
REGISTERED NUMBER: 07695349

BALANCE SHEET
AS AT 31 DECEMBER 2024

31 December
30 April
2024
2024
Note
£
£

Fixed assets
  

Tangible assets
 4 
2,358
3,157

  
2,358
3,157

Current assets
  

Stocks
 5 
9,294
8,722

Debtors: amounts falling due within one year
 6 
280,115
216,813

Cash at bank and in hand
 7 
438,392
402,861

  
727,801
628,396

Creditors: amounts falling due within one year
 8 
(798,790)
(800,952)

Net current liabilities
  
 
 
(70,989)
 
 
(172,556)

Total assets less current liabilities
  
(68,631)
(169,399)

Creditors: amounts falling due after more than one year
 9 
(26,294)
(37,915)

  

Net liabilities
  
(94,925)
(207,314)


Capital and reserves
  

Called up share capital 
 11 
14
14

Profit and loss account
  
(94,939)
(207,328)

  
(94,925)
(207,314)


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.

Page 1

 
THOMSON SCREENING SOLUTIONS LTD
REGISTERED NUMBER: 07695349
    
BALANCE SHEET (CONTINUED)
AS AT 31 DECEMBER 2024

The financial statements were approved and authorised for issue by the board and were signed on its behalf on 27 March 2025.



A Eaton
Director

The notes on pages 3 to 10 form part of these financial statements.

Page 2

 
THOMSON SCREENING SOLUTIONS LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE 8 MONTH PERIOD ENDED 31 DECEMBER 2024

1.


General information

Thomson Screening Solutions Ltd is a private company limited by shares incorporated in England and Wales. The registered office is 86-90 Paul Street, London, EC2A 4NE. The company's principal activity is as a 'software as a service' supplier of vision and hearing screening workflow solutions for children.

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

Foreign currency translation

Functional and presentation currency

The company's functional and presentational currency is GBP.

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.

Page 3

 
THOMSON SCREENING SOLUTIONS LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE 8 MONTH PERIOD ENDED 31 DECEMBER 2024

2.Accounting policies (continued)

 
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:

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.

Licence revenue, including SaaS (Software-as-a-Service) contracts and similar contracts which
include maintenance and software support, is recognised from the point at which the customer makes a commitment to purchase the product, and will then be recognised on a straight line basis over the life of the contract.
Income from development and consultancy, including system implementation is recognised as these services are provided to the customer. 

 
2.4

Operating leases: the company as lessee

Rentals paid under operating leases are charged to profit or loss on a straight-line basis over the lease term.

 
2.5

Interest income

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

 
2.6

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.

 
2.7

Borrowing costs

All borrowing costs are recognised in profit or loss in the 8 month period in which they are incurred.

Page 4

 
THOMSON SCREENING SOLUTIONS LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE 8 MONTH PERIOD ENDED 31 DECEMBER 2024

2.Accounting policies (continued)

 
2.8

Pensions

Defined contribution pension plan

The company operates 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 profit or loss when they fall due. Amounts not paid are shown in accruals as a liability in the Balance sheet. The assets of the plan are held separately from the company in independently administered funds.

 
2.9

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.


 
2.10

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 and computer equipment
-
20%
Straight line

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 5

 
THOMSON SCREENING SOLUTIONS LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE 8 MONTH PERIOD ENDED 31 DECEMBER 2024

2.Accounting policies (continued)

 
2.11

Stocks

Stocks are stated at the lower of cost and net realisable value, being the estimated selling price less costs to complete and sell. Cost is based on the cost of purchase on a first in, first out basis. Work in progress and finished goods include labour and attributable overheads.

At each balance sheet date, stocks are assessed for impairment. 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.

 
2.12

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.

 
2.13

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.

 
2.14

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 8 (Period ended 30 April 2024 - 10).

Page 6

 
THOMSON SCREENING SOLUTIONS LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE 8 MONTH PERIOD ENDED 31 DECEMBER 2024

4.


Tangible fixed assets







Office and computer equipment

£



Cost or valuation


At 1 May 2024
9,352


Additions
168



At 31 December 2024

9,520



Depreciation


At 1 May 2024
6,195


Charge for the 8 month period on owned assets
967



At 31 December 2024

7,162



Net book value



At 31 December 2024
2,358



At 30 April 2024
3,157


5.


Stocks

31 December
30 April
2024
2024
£
£

Goods for resale and consumables
9,294
8,722

9,294
8,722


Page 7

 
THOMSON SCREENING SOLUTIONS LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE 8 MONTH PERIOD ENDED 31 DECEMBER 2024

6.


Debtors

31 December
30 April
2024
2024
£
£


Trade debtors
148,189
154,212

Amounts owed by group undertakings
102,852
-

Other debtors
1,856
49,378

Prepayments and accrued income
27,218
13,223

280,115
216,813



7.


Cash and cash equivalents

31 December
30 April
2024
2024
£
£

Cash at bank and in hand
438,392
402,861

438,392
402,861



8.


Creditors: Amounts falling due within one year

31 December
30 April
2024
2024
£
£

Bank loans
5,973
5,973

Trade creditors
73,540
90,264

Other taxation and social security
37,644
66,563

Other creditors
1,299
115,039

Accruals and deferred income
680,334
523,113

798,790
800,952


Page 8

 
THOMSON SCREENING SOLUTIONS LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE 8 MONTH PERIOD ENDED 31 DECEMBER 2024

9.


Creditors: Amounts falling due after more than one year

31 December
30 April
2024
2024
£
£

Bank loans
26,294
30,261

Other creditors
-
7,654

26,294
37,915



10.


Loans


Analysis of the maturity of loans is given below:


31 December
30 April
2024
2024
£
£

Amounts falling due within one year

Bank loans
5,973
5,973

Amounts falling due 1-2 years

Bank loans
26,294
30,261



32,267
36,234



11.


Share capital

31 December
30 April
2024
2024
£
£
Allotted, called up and fully paid



1 (2024 - 1) MK Growth share of £0.100
0.100
0.100
1 (2024 - 1) MTB Growth share of £0.100
0.100
0.100
13,329 (2024 - 13,329) Ordinary shares of £0.001 each
13.329
13.329

13.529

13.529


Page 9

 
THOMSON SCREENING SOLUTIONS LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE 8 MONTH PERIOD ENDED 31 DECEMBER 2024

12.


Pension commitments

The company operates a defined contributions pension scheme. The assets of the scheme are held separately from those of the company  in an independently administered fund. The pension cost charge represents contributions payable by the company  to the fund and amounted to £4,456 (period ended 30 April 2024 - £4,026). Contributions totalling £1,299 (period ended 30 April 2024 - £1,320) were payable to the fund at the balance sheet date and are included in creditors.


13.


Auditors' information

The auditors' report on the financial statements for the 8 month period ended 31 December 2024 was unqualified.

The audit report was signed on 28 March 2025 by Ben Bradley (Senior statutory auditor) on behalf of Barnes Roffe LLP.

 
Page 10