Caseware UK (AP4) 2024.0.164 2024.0.164 2024-08-312024-08-312025-05-27falsetrueNo description of principal activity12023-09-011trueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.false 10908395 2023-09-01 2024-08-31 10908395 2022-09-01 2023-08-31 10908395 2024-08-31 10908395 2023-08-31 10908395 c:Director1 2023-09-01 2024-08-31 10908395 d:OfficeEquipment 2023-09-01 2024-08-31 10908395 d:OfficeEquipment 2024-08-31 10908395 d:OfficeEquipment 2023-08-31 10908395 d:DevelopmentCostsCapitalisedDevelopmentExpenditure 2024-08-31 10908395 d:DevelopmentCostsCapitalisedDevelopmentExpenditure 2023-08-31 10908395 d:CurrentFinancialInstruments 2024-08-31 10908395 d:CurrentFinancialInstruments 2023-08-31 10908395 d:Non-currentFinancialInstruments 2024-08-31 10908395 d:Non-currentFinancialInstruments 2023-08-31 10908395 d:CurrentFinancialInstruments d:WithinOneYear 2024-08-31 10908395 d:CurrentFinancialInstruments d:WithinOneYear 2023-08-31 10908395 d:Non-currentFinancialInstruments d:AfterOneYear 2024-08-31 10908395 d:Non-currentFinancialInstruments d:AfterOneYear 2023-08-31 10908395 d:Non-currentFinancialInstruments d:BetweenOneTwoYears 2024-08-31 10908395 d:Non-currentFinancialInstruments d:BetweenOneTwoYears 2023-08-31 10908395 d:Non-currentFinancialInstruments d:BetweenTwoFiveYears 2024-08-31 10908395 d:Non-currentFinancialInstruments d:BetweenTwoFiveYears 2023-08-31 10908395 d:Non-currentFinancialInstruments d:MoreThanFiveYears 2024-08-31 10908395 d:Non-currentFinancialInstruments d:MoreThanFiveYears 2023-08-31 10908395 d:ShareCapital 2024-08-31 10908395 d:ShareCapital 2023-08-31 10908395 d:SharePremium 2024-08-31 10908395 d:SharePremium 2023-08-31 10908395 d:RetainedEarningsAccumulatedLosses 2024-08-31 10908395 d:RetainedEarningsAccumulatedLosses 2023-08-31 10908395 c:OrdinaryShareClass1 2023-09-01 2024-08-31 10908395 c:OrdinaryShareClass1 2024-08-31 10908395 c:OrdinaryShareClass1 2023-08-31 10908395 c:FRS102 2023-09-01 2024-08-31 10908395 c:AuditExempt-NoAccountantsReport 2023-09-01 2024-08-31 10908395 c:FullAccounts 2023-09-01 2024-08-31 10908395 c:PrivateLimitedCompanyLtd 2023-09-01 2024-08-31 10908395 d:TaxLossesCarry-forwardsDeferredTax 2024-08-31 10908395 d:TaxLossesCarry-forwardsDeferredTax 2023-08-31 10908395 d:OtherDeferredTax 2024-08-31 10908395 d:OtherDeferredTax 2023-08-31 10908395 2 2023-09-01 2024-08-31 10908395 d:DevelopmentCostsCapitalisedDevelopmentExpenditure d:OwnedIntangibleAssets 2023-09-01 2024-08-31 10908395 e:PoundSterling 2023-09-01 2024-08-31 xbrli:shares iso4217:GBP xbrli:pure

Registered number: 10908395









EVACUSCAPE LTD







UNAUDITED

DIRECTOR'S REPORT AND FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 31 AUGUST 2024

 
EVACUSCAPE LTD
REGISTERED NUMBER: 10908395

BALANCE SHEET
AS AT 31 AUGUST 2024

2024
2023
Note
£
£

Fixed assets
  

Intangible assets
 4 
31,917
47,875

  
31,917
47,875

Current assets
  

Stocks
  
17,547
3,880

Debtors: amounts falling due within one year
 6 
236,855
251,653

Cash at bank and in hand
  
182
45

  
254,584
255,578

Creditors: amounts falling due within one year
 7 
(183,408)
(196,250)

Net current assets
  
 
 
71,176
 
 
59,328

Total assets less current liabilities
  
103,093
107,203

Creditors: amounts falling due after more than one year
 8 
(26,389)
(31,944)

Provisions for liabilities
  

Deferred tax
 10 
(2,932)
(1,609)

  
 
 
(2,932)
 
 
(1,609)

Net assets
  
73,772
73,650


Capital and reserves
  

Called up share capital 
 11 
1,000
1,000

Share premium account
  
14,750
14,750

Profit and loss account
  
58,022
57,900

  
73,772
73,650


Page 1

 
EVACUSCAPE LTD
REGISTERED NUMBER: 10908395
    
BALANCE SHEET (CONTINUED)
AS AT 31 AUGUST 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 on 27 May 2025.




R Desai
Director

The notes on pages 3 to 12 form part of these financial statements.

Page 2

 
EVACUSCAPE LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2024

1.


General information

The Company is a private company, limited by shares, incorporated and domiciled in England within the United Kingdom, registration number 10908395.  The Company's registered office is Unit 7, 7a, 8 and 9 Factory Estate, College Road, Perry Barr, Birmingham, B44 8BS.
The financial statements are presented in sterling which is the functional currency of the company and the financial statements are rounded to the nearest £1.

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.

Cash flow
Under Financial Reporting Standard 102, the company is exempt from the requirement to prepare a cash flow statement on the grounds that it qualifies as a small company.

The following principal accounting policies have been applied:

 
2.2

Going concern

The accounts are prepared on a going concern basis.

 
2.3

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

 
EVACUSCAPE LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2024

2.Accounting policies (continued)

 
2.4

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.

 
2.5

Research and development

In the research phase of an internal project it is not possible to demonstrate that the project will generate future economic benefits and hence all expenditure on research shall be recognised as an expense when it is incurred. Intangible assets are recognised from the development phase of a project if and only if certain specific criteria are met in order to demonstrate the asset will generate probable future economic benefits and that its cost can be reliably measured. The capitalised development costs are subsequently amortised on a straight-line basis over their useful economic lives, which range from 3 to 6 years.
If it is not possible to distinguish between the research phase and the development phase of an internal project, the expenditure is treated as if it were all incurred in the research phase only.

 
2.6

Interest income

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

 
2.7

Borrowing costs

All borrowing costs are recognised in profit or loss in the year in which they are incurred.

Page 4

 
EVACUSCAPE LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2024

2.Accounting policies (continued)

 
2.8

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.


 
2.9

Intangible assets

Intangible assets are initially recognised at cost. After recognition, under the cost model, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

All intangible assets are considered to have a finite useful life. If a reliable estimate of the useful life cannot be made, the useful life shall not exceed ten years.

 
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.

Page 5

 
EVACUSCAPE LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2024

2.Accounting policies (continued)


2.10
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
-
25%

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.

 
2.11

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 weighted average 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.

 
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.

 
2.15

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.

Page 6

 
EVACUSCAPE LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2024

3.


Employees




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


4.


Intangible assets




Develop-ment expenditure

£



Cost


At 1 September 2023
79,791



At 31 August 2024

79,791



Amortisation


At 1 September 2023
31,916


Charge for the year on owned assets
15,958



At 31 August 2024

47,874



Net book value



At 31 August 2024
31,917



At 31 August 2023
47,874



Page 7

 
EVACUSCAPE LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2024

5.


Tangible fixed assets





Office equipment

£



Cost or valuation


At 1 September 2023
400



At 31 August 2024

400



Depreciation


At 1 September 2023
400



At 31 August 2024

400



Net book value



At 31 August 2024
-



At 31 August 2023
-

Page 8

 
EVACUSCAPE LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2024

6.


Debtors

2024
2023
£
£


Trade debtors
20,477
54,260

Other debtors
215,440
189,251

Prepayments and accrued income
938
8,142

236,855
251,653



7.


Creditors: Amounts falling due within one year

2024
2023
£
£

Bank loans
23,148
17,593

Trade creditors
94,756
83,313

Other taxation and social security
172
730

Other creditors
47,248
51,989

Accruals and deferred income
18,084
42,625

183,408
196,250


Within other creditors amounts of £47,248 (2023 - £51,989) are secured by way of a first legal charge over all the land and assets belonging to the company in favour of Seneca Trade Partners Ltd.

Page 9

 
EVACUSCAPE LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2024

8.


Creditors: Amounts falling due after more than one year

2024
2023
£
£

Bank loans
26,389
31,944

26,389
31,944


The aggregate amount of liabilities repayable wholly or in part more than five years after the balance sheet date is:

2024
2023
£
£


Repayable by instalments
4,167
9,723

4,167
9,723

In May 2020 the company took out a Bounce Back Loan.  The loan is interest and repayment free for a period of 12 months and the remainder of the loan is repayable over the next 9 years with interest charged at 2.5%.  At the date of signing these accounts only one repayment has been made and the company is in negotiation with the bank, with interest frozen, which may impact the repayment due dates once agreed.

Page 10

 
EVACUSCAPE LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2024

9.


Loans


Analysis of the maturity of loans is given below:


2024
2023
£
£

Amounts falling due within one year

Bank loans
23,148
17,593


23,148
17,593

Amounts falling due 1-2 years

Bank loans
5,556
5,555


5,556
5,555

Amounts falling due 2-5 years

Bank loans
16,667
16,667


16,667
16,667

Amounts falling due after more than 5 years

Bank loans
4,167
9,722

4,167
9,722

49,538
49,537



10.


Deferred taxation




2024


£






At beginning of year
(1,608)


Charged to profit or loss
(1,324)



At end of year
(2,932)

Page 11

 
EVACUSCAPE LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2024
 
10.Deferred taxation (continued)

The provision for deferred taxation is made up as follows:

2024
2023
£
£


Tax losses carried forward
3,132
7,489

R&D claim on intangible development costs
(6,064)
(9,097)

(2,932)
(1,608)


11.


Share capital

2024
2023
£
£
Allotted, called up and fully paid



1,000 (2023 - 1,000) Ordinary shares of £1.00 each
1,000
1,000


 
Page 12