Caseware UK (AP4) 2024.0.164 2024.0.164 2025-05-272023-10-01trueNo description of principal activity00falsetruefalse 09504917 2023-10-01 2024-09-30 09504917 2022-10-01 2023-09-30 09504917 2024-09-30 09504917 2023-09-30 09504917 c:Director2 2023-10-01 2024-09-30 09504917 d:OfficeEquipment 2023-10-01 2024-09-30 09504917 d:OfficeEquipment 2024-09-30 09504917 d:OfficeEquipment 2023-09-30 09504917 d:OtherPropertyPlantEquipment 2023-10-01 2024-09-30 09504917 d:OtherPropertyPlantEquipment 2024-09-30 09504917 d:OtherPropertyPlantEquipment 2023-09-30 09504917 d:CurrentFinancialInstruments 2024-09-30 09504917 d:CurrentFinancialInstruments 2023-09-30 09504917 d:CurrentFinancialInstruments d:WithinOneYear 2024-09-30 09504917 d:CurrentFinancialInstruments d:WithinOneYear 2023-09-30 09504917 d:ShareCapital 2024-09-30 09504917 d:ShareCapital 2023-09-30 09504917 d:RetainedEarningsAccumulatedLosses 2024-09-30 09504917 d:RetainedEarningsAccumulatedLosses 2023-09-30 09504917 c:OrdinaryShareClass1 2023-10-01 2024-09-30 09504917 c:OrdinaryShareClass1 2024-09-30 09504917 c:OrdinaryShareClass1 2023-09-30 09504917 c:EntityHasNeverTraded 2023-10-01 2024-09-30 09504917 c:FRS102 2023-10-01 2024-09-30 09504917 c:AuditExempt-NoAccountantsReport 2023-10-01 2024-09-30 09504917 c:FullAccounts 2023-10-01 2024-09-30 09504917 c:PrivateLimitedCompanyLtd 2023-10-01 2024-09-30 09504917 e:PoundSterling 2023-10-01 2024-09-30 xbrli:shares iso4217:GBP xbrli:pure

Registered number: 09504917










ENTERPRISE FOR LONDON LTD








Unaudited

Financial statements

Information for filing with the registrar

for the year ended 30 September 2024

 
ENTERPRISE FOR LONDON LTD
Registered number: 09504917

Balance sheet
as at 30 September 2024

2024
2023
Note
£
£

  

Current assets
  

Debtors: amounts falling due within one year
 4 
1
1

Cash at bank and in hand
 5 
6,594
-

  
6,595
1

Creditors: amounts falling due within one year
 6 
(261,343)
(261,633)

Net current liabilities
  
 
 
(254,748)
 
 
(261,632)

Total assets less current liabilities
  
(254,748)
(261,632)

  

Net liabilities
  
(254,748)
(261,632)


Capital and reserves
  

Called up share capital 
 7 
1
1

Profit and loss account
  
(254,749)
(261,633)

  
(254,748)
(261,632)


For the year ended 30 September 2024 the Company was entitled to exemption from audit under section 480 of the Companies Act 2006.

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 directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

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.

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




M Castle
Director
Date: 27 May 2025

Page 1

 
ENTERPRISE FOR LONDON LTD
 

 
Notes to the financial statements
for the year ended 30 September 2024

1.Accounting policies

 
1.1

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 financial statements are presented in Sterling which is the functional currency of the company and have been rounded to the nearest £1. 
The significant accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all years presented unless otherwise stated.

 
1.2

Going concern

Despite the net current liabilities and negative balance sheet, the financial statements have been prepared on a going concern basis due to the expected continued support of the shareholders of which both have agreed not to seek payment with regard to amounts due to them for a period of at least one year from approval of these financial statements.

 
1.3

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 basis
Computer equipment
-
25%
straight line basis

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.

 
1.4

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.

 
1.5

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.

Page 2

 
ENTERPRISE FOR LONDON LTD
 

 
Notes to the financial statements
for the year ended 30 September 2024

1.Accounting policies (continued)

  
1.6

Provisions for liabilities

Provisions are made where an event has taken place that gives the Company a legal or constructive obligation that probably requires settlement by a transfer of economic benefit, and a reliable estimate can be made of the amount of the obligation.
Provisions are charged as an expense to the Statement of comprehensive income in the year that the Company becomes aware of the obligation, and are measured at the best estimate at the Balance sheet date of the expenditure required to settle the obligation, taking into account relevant risks and uncertainties.
When payments are eventually made, they are charged to the provision carried in the Balance sheet.


2.


Employees

The Company has no employees other than the directors, who did not receive any remuneration (2023 - £NIL).


3.


Tangible fixed assets





Office equipment
Computer Equipment
Total

£
£
£



Cost


At 1 October 2023
160
8,592
8,752



At 30 September 2024

160
8,592
8,752



Depreciation


At 1 October 2023
160
8,592
8,752



At 30 September 2024

160
8,592
8,752



Net book value



At 30 September 2024
-
-
-



At 30 September 2023
-
-
-

Page 3

 
ENTERPRISE FOR LONDON LTD
 

 
Notes to the financial statements
for the year ended 30 September 2024

4.


Debtors

2024
2023
£
£


Other debtors
1
1



5.


Cash and cash equivalents

2024
2023
£
£

Cash at bank and in hand
6,594
-



6.


Creditors: Amounts falling due within one year

2024
2023
£
£

Amounts owed to group undertakings
185,459
185,459

Amounts owed to connected parties
74,324
74,324

Accruals and deferred income
1,560
1,850

261,343
261,633



7.


Share capital

2024
2023
£
£
Allotted, called up and fully paid



3 (2023 - 3) Ordinary shares of £0.33 each
1
1



8.


Related party transactions

Loans payable to the shareholder company at the year end totalled £30,370 (2023: £30,370), there is no interest accruing on this loan. There are also amounts owing to this party within amounts owing to group undertakings of £147,616 (2023: £147,616).
There is a creditor owing to a shareholder company which has directors in common of £43,953 (2023: £43,953), there is no interest accruing on this loan.
There is a debtor of £31,700 (2023: £31,700) which has been fully provided against as at the period end reducing the balance owed to nil.


Page 4