Caseware UK (AP4) 2024.0.164 2024.0.164 2024-09-302024-09-302025-05-20false2023-10-01Consultancy services11truetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.false 11567827 2023-10-01 2024-09-30 11567827 2022-10-01 2023-09-30 11567827 2024-09-30 11567827 2023-09-30 11567827 c:Director1 2023-10-01 2024-09-30 11567827 d:OfficeEquipment 2023-10-01 2024-09-30 11567827 d:OfficeEquipment 2024-09-30 11567827 d:OfficeEquipment 2023-09-30 11567827 d:OfficeEquipment d:OwnedOrFreeholdAssets 2023-10-01 2024-09-30 11567827 d:CurrentFinancialInstruments 2024-09-30 11567827 d:CurrentFinancialInstruments 2023-09-30 11567827 d:CurrentFinancialInstruments d:WithinOneYear 2024-09-30 11567827 d:CurrentFinancialInstruments d:WithinOneYear 2023-09-30 11567827 d:ShareCapital 2024-09-30 11567827 d:ShareCapital 2023-09-30 11567827 d:RetainedEarningsAccumulatedLosses 2024-09-30 11567827 d:RetainedEarningsAccumulatedLosses 2023-09-30 11567827 c:FRS102 2023-10-01 2024-09-30 11567827 c:AuditExempt-NoAccountantsReport 2023-10-01 2024-09-30 11567827 c:FullAccounts 2023-10-01 2024-09-30 11567827 c:PrivateLimitedCompanyLtd 2023-10-01 2024-09-30 11567827 e:PoundSterling 2023-10-01 2024-09-30 iso4217:GBP xbrli:pure
Registered number: 11567827






MILLISEME LIMITED
UNAUDITED
FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2024










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MILLISEME LIMITED
REGISTERED NUMBER:11567827

BALANCE SHEET
AS AT 30 SEPTEMBER 2024

2024
2023
Note
£
£

Fixed assets
  

Tangible assets
 4 
1,203
1,354

  
1,203
1,354

Current assets
  

Debtors: amounts falling due within one year
 5 
23,953
23,675

Cash at bank and in hand
 6 
1,606
274

  
25,559
23,949

Creditors: amounts falling due within one year
 7 
(25,692)
(22,000)

Net current (liabilities)/assets
  
 
 
(133)
 
 
1,949

Total assets less current liabilities
  
1,070
3,303

  

Net assets
  
1,070
3,303


Capital and reserves
  

Called up share capital 
  
100
100

Profit and loss account
  
970
3,203

  
1,070
3,303


Page 1

 
MILLISEME LIMITED
REGISTERED NUMBER:11567827
    
BALANCE SHEET (CONTINUED)
AS AT 30 SEPTEMBER 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 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 by: 




S R Hawker
Director

Date: 20 May 2025

Page 2

 
MILLISEME LIMITED
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2024

1.


General information

Milliseme Limited is a private company limited by shares incorporated in England and Wales. Its registered office is 22 Seax Court, Southfields Industrial Park, Basildon, Essex, United Kingdom, SS15 6SL.         
                                                                                                                                                                                                      The principal activity of the company continued to be the provision of consultancy services. 

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.

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.

Foreign exchange gains and losses resulting from the settlement of transactions and from the translation at period-end exchange rates of monetary assets and liabilities denominated in foreign currencies are recognised in profit or loss except when deferred in other comprehensive income as qualifying cash flow hedges.

Foreign exchange gains and losses that relate to borrowings and cash and cash equivalents are presented in the Statement of Income and Retained Earnings within 'finance income or costs'. All other foreign exchange gains and losses are presented in profit or loss within 'other operating income'.

Page 3

 
MILLISEME LIMITED
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 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.

 
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, using the straight-line method.

Depreciation is provided on the following basis:

Office equipment
-
25%
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.

 
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.

Page 4

 
MILLISEME LIMITED
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2024

2.Accounting policies (continued)

 
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.


3.


Employees

The average monthly number of employees, including directors, during the year was 1 (2023 -1).


4.


Tangible fixed assets





Office equipment

£



Cost or valuation


At 1 October 2023
1,557



At 30 September 2024

1,557



Depreciation


At 1 October 2023
203


Charge for the year on owned assets
151



At 30 September 2024

354



Net book value



At 30 September 2024
1,203



At 30 September 2023
1,354

Page 5

 
MILLISEME LIMITED
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2024

5.


Debtors

2024
2023
£
£


Trade debtors
23,903
23,411

Amounts owed by group undertakings
50
50

Other debtors
-
214

23,953
23,675



6.


Cash and cash equivalents

2024
2023
£
£

Cash at bank and in hand
1,606
274

1,606
274



7.


Creditors: Amounts falling due within one year

2024
2023
£
£

Other taxation and social security
13,914
12,453

Other creditors
11,778
9,547

25,692
22,000


 
Page 6