Caseware UK (AP4) 2024.0.164 2024.0.164 2025-03-312025-03-312025-05-192024-04-01falseNo description of principal activity11truetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.false 14875191 2024-04-01 2025-03-31 14875191 2023-05-17 2024-03-31 14875191 2025-03-31 14875191 2024-03-31 14875191 c:Director1 2024-04-01 2025-03-31 14875191 d:OfficeEquipment 2024-04-01 2025-03-31 14875191 d:OfficeEquipment 2025-03-31 14875191 d:OfficeEquipment 2024-03-31 14875191 d:OfficeEquipment d:OwnedOrFreeholdAssets 2024-04-01 2025-03-31 14875191 d:ComputerEquipment 2024-04-01 2025-03-31 14875191 d:ComputerEquipment 2025-03-31 14875191 d:ComputerEquipment 2024-03-31 14875191 d:ComputerEquipment d:OwnedOrFreeholdAssets 2024-04-01 2025-03-31 14875191 d:OwnedOrFreeholdAssets 2024-04-01 2025-03-31 14875191 d:CurrentFinancialInstruments 2025-03-31 14875191 d:CurrentFinancialInstruments 2024-03-31 14875191 d:CurrentFinancialInstruments d:WithinOneYear 2025-03-31 14875191 d:CurrentFinancialInstruments d:WithinOneYear 2024-03-31 14875191 d:ShareCapital 2025-03-31 14875191 d:ShareCapital 2024-03-31 14875191 d:RetainedEarningsAccumulatedLosses 2025-03-31 14875191 d:RetainedEarningsAccumulatedLosses 2024-03-31 14875191 d:AcceleratedTaxDepreciationDeferredTax 2025-03-31 14875191 d:AcceleratedTaxDepreciationDeferredTax 2024-03-31 14875191 c:OrdinaryShareClass1 2024-04-01 2025-03-31 14875191 c:OrdinaryShareClass1 2025-03-31 14875191 c:OrdinaryShareClass1 2024-03-31 14875191 c:FRS102 2024-04-01 2025-03-31 14875191 c:AuditExempt-NoAccountantsReport 2024-04-01 2025-03-31 14875191 c:FullAccounts 2024-04-01 2025-03-31 14875191 c:PrivateLimitedCompanyLtd 2024-04-01 2025-03-31 14875191 e:PoundSterling 2024-04-01 2025-03-31 xbrli:shares iso4217:GBP xbrli:pure

Registered number: 14875191










SHORT CREATIVE LTD








UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 31 MARCH 2025

 
SHORT CREATIVE LTD
REGISTERED NUMBER: 14875191

BALANCE SHEET
AS AT 31 MARCH 2025

2025
2024
Note
£
£

Fixed assets
  

Tangible assets
 4 
5,759
5,686

  
5,759
5,686

Current assets
  

Debtors: amounts falling due within one year
 5 
27,561
12,900

Cash at bank and in hand
  
69,538
17,273

  
97,099
30,173

  

Creditors: amounts falling due within one year
 6 
(51,358)
(28,237)

Net current assets
  
 
 
45,741
 
 
1,936

Total assets less current liabilities
  
51,500
7,622

Provisions for liabilities
  

Deferred tax
 7 
(1,508)
-

  
 
 
(1,508)
 
 
-

Net assets
  
49,992
7,622


Capital and reserves
  

Called up share capital 
 8 
100
100

Profit and loss account
  
49,892
7,522

  
49,992
7,622


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 comprehensive income in accordance with provisions applicable to companies subject to the small companies' regime.

Page 1

 
SHORT CREATIVE LTD
REGISTERED NUMBER: 14875191

BALANCE SHEET (CONTINUED)
AS AT 31 MARCH 2025

The financial statements were approved and authorised for issue by the board and were signed on its behalf by: 

................................................
N J C Short
Director
Date: 19 May 2025

Page 2

 
SHORT CREATIVE LTD
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025

1.


General information

Short Creative Limited is a private company limited by shares and incorporated in England and Wales with company number 14875191. The registered office is Reading Bridge House, George Street, Reading, Berkshire, RG1 8LS.

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

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 for services during the period, excluding discounts, rebates, value added tax and other sales taxes. 

 
2.3

Current and deferred taxation

The tax expense for the year comprises current and deferred tax. 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.


 
2.4

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.

Page 3

 
SHORT CREATIVE LTD
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025

2.Accounting policies (continued)


2.4
Tangible fixed assets (continued)

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
-
15%
Computer equipment
-
33%

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

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.

 
2.6

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.

 
2.7

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.

 
2.8

Provisions for liabilities

Provisions are recognised when an event has taken place that gives rise to a legal or constructive obligation, a transfer of economic benefits is probable and a reliable estimate can be made.
Provisions are measured as the best estimate of the amount required to settle the obligation, taking into account the related risks and uncertainties.
 
Increases in provisions are generally charged as an expense to profit or loss.

 
2.9

Dividends

Equity dividends are recognised when they become legally payable. Interim equity dividends are recognised when paid. Final equity dividends are recognised when approved by the shareholders at an annual general meeting.


3.


Employees

The average monthly number of employees, including directors, during the year was 1 (2024 - 1).

Page 4

 
SHORT CREATIVE LTD
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025

4.


Tangible fixed assets





Office equipment
Computer equipment
Total

£
£
£



Cost or valuation


At 1 April 2024
-
6,021
6,021


Additions
2,269
195
2,464



At 31 March 2025

2,269
6,216
8,485



Depreciation


At 1 April 2024
-
335
335


Charge for the year on owned assets
340
2,051
2,391



At 31 March 2025

340
2,386
2,726



Net book value



At 31 March 2025
1,929
3,830
5,759



At 31 March 2024
-
5,686
5,686

Page 5

 
SHORT CREATIVE LTD
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025

5.


Debtors

2025
2024
£
£


Trade debtors
25,140
10,656

Prepayments and accrued income
2,421
2,244

27,561
12,900



6.


Creditors: amounts falling due within one year

2025
2024
£
£

Corporation tax
28,881
572

Other taxation and social security
7,927
-

Other creditors
12,450
25,265

Accruals and deferred income
2,100
2,400

51,358
28,237



7.


Deferred taxation




2025


£






Charged to profit or loss
(1,508)



At end of year
(1,508)

The deferred taxation balance is made up as follows:

2025
2024
£
£


Accelerated capital allowances
(1,508)
-

(1,508)
-

Page 6

 
SHORT CREATIVE LTD
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025

8.


Share capital

2025
2024
£
£
Allotted, called up and fully paid



100 (2024 - 100) Ordinary shares of £1.00 each
100
100



9.


Related party transactions

At the balance sheet date the company owed £12,450 (2024: £25,265) in respect of a non interest bearing director loan with no set repayment date.


Page 7