Caseware UK (AP4) 2023.0.135 2023.0.135 2024-09-302024-09-302025-05-23trueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.No description of principal activity2023-10-01false22truefalse 07795928 2023-10-01 2024-09-30 07795928 2022-10-01 2023-09-30 07795928 2024-09-30 07795928 2023-09-30 07795928 c:Director1 2023-10-01 2024-09-30 07795928 d:FurnitureFittings 2023-10-01 2024-09-30 07795928 d:FurnitureFittings 2024-09-30 07795928 d:FurnitureFittings 2023-09-30 07795928 d:FurnitureFittings d:OwnedOrFreeholdAssets 2023-10-01 2024-09-30 07795928 d:ComputerEquipment 2023-10-01 2024-09-30 07795928 d:ComputerEquipment 2024-09-30 07795928 d:ComputerEquipment 2023-09-30 07795928 d:ComputerEquipment d:OwnedOrFreeholdAssets 2023-10-01 2024-09-30 07795928 d:OwnedOrFreeholdAssets 2023-10-01 2024-09-30 07795928 d:Goodwill 2024-09-30 07795928 d:Goodwill 2023-09-30 07795928 d:CurrentFinancialInstruments 2024-09-30 07795928 d:CurrentFinancialInstruments 2023-09-30 07795928 d:CurrentFinancialInstruments d:WithinOneYear 2024-09-30 07795928 d:CurrentFinancialInstruments d:WithinOneYear 2023-09-30 07795928 d:ShareCapital 2024-09-30 07795928 d:ShareCapital 2023-09-30 07795928 d:RetainedEarningsAccumulatedLosses 2024-09-30 07795928 d:RetainedEarningsAccumulatedLosses 2023-09-30 07795928 c:FRS102 2023-10-01 2024-09-30 07795928 c:AuditExempt-NoAccountantsReport 2023-10-01 2024-09-30 07795928 c:FullAccounts 2023-10-01 2024-09-30 07795928 c:PrivateLimitedCompanyLtd 2023-10-01 2024-09-30 07795928 2 2023-10-01 2024-09-30 07795928 e:PoundSterling 2023-10-01 2024-09-30 iso4217:GBP xbrli:pure

Registered number: 07795928









ESP BUSINESS DEVELOPMENT LTD







Unaudited

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 30 SEPTEMBER 2024

 
ESP BUSINESS DEVELOPMENT LTD
REGISTERED NUMBER: 07795928

BALANCE SHEET
AS AT 30 SEPTEMBER 2024

2024
2024
2023
2023
Note
£
£
£
£

Fixed assets
  

Tangible assets
 5 
256
382

  
256
382

Current assets
  

Debtors: amounts falling due within one year
 6 
25,352
46,640

Cash at bank and in hand
 7 
107,334
132,071

  
132,686
178,711

Creditors: amounts falling due within one year
 8 
(14,117)
(32,582)

Net current assets
  
 
 
118,569
 
 
146,129

Total assets less current liabilities
  
118,825
146,511

  

Net assets
  
118,825
146,511


Capital and reserves
  

Called up share capital 
  
99
99

Profit and loss account
  
118,726
146,412

  
118,825
146,511


Page 1

 
ESP BUSINESS DEVELOPMENT LTD
REGISTERED NUMBER: 07795928
    
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 her 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 Pecha
Director

Date: 23 May 2025

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

Page 2

 
ESP BUSINESS DEVELOPMENT LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2024

1.


General information

ESP Business Development Ltd is a private company limited by shares. The company is incorporated in England & Wales. The registration number is 07795928.

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 Section 1A of Financial Reporting
Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and
the Companies Act 2006.
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

Interest income

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

 
2.4

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.

Page 3

 
ESP BUSINESS DEVELOPMENT LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2024

2.Accounting policies (continued)

 
2.5

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.

 
2.6

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 corporation 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.

 
2.7

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:

Fixtures & fittings
-
25% straight line
Computer 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.

 
2.8

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.

Page 4

 
ESP BUSINESS DEVELOPMENT LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2024

2.Accounting policies (continued)

 
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.


3.


Employees

2024
2023
£
£

Wages and salaries
56,640
52,116

Cost of defined contribution scheme
69,348
28,436

125,988
80,552


The average monthly number of employees, including directors, during the year was 2 (2023 - 2).


4.


Intangible assets




Goodwill

£



Cost


At 1 October 2023
26,500



At 30 September 2024

26,500



Amortisation


At 1 October 2023
26,500



At 30 September 2024

26,500



Net book value



At 30 September 2024
-



At 30 September 2023
-



Page 5

 
ESP BUSINESS DEVELOPMENT LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2024

5.


Tangible fixed assets





Fixtures & fittings
Computer equipment
Total

£
£
£



Cost or valuation


At 1 October 2023
18,811
1,442
20,253



At 30 September 2024

18,811
1,442
20,253



Depreciation


At 1 October 2023
18,811
1,061
19,872


Charge for the year on owned assets
-
125
125



At 30 September 2024

18,811
1,186
19,997



Net book value



At 30 September 2024
-
256
256



At 30 September 2023
-
382
382


6.


Debtors

2024
2023
£
£


Trade debtors
25,352
46,640

25,352
46,640



7.


Cash and cash equivalents

2024
2023
£
£

Cash at bank and in hand
107,334
132,071

107,334
132,071


Page 6

 
ESP BUSINESS DEVELOPMENT LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2024

8.


Creditors: Amounts falling due within one year

2024
2023
£
£

Trade creditors
785
1,052

Corporation tax
1,147
17,336

Other taxation and social security
9,652
8,770

Other creditors
785
3,924

Accruals and deferred income
1,748
1,500

14,117
32,582


 
Page 7