Caseware UK (AP4) 2024.0.164 2024.0.164 2024-12-312024-12-312025-05-302024-01-01falseNo description of principal activity34truetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.false 04549117 2024-01-01 2024-12-31 04549117 2023-01-01 2023-12-31 04549117 2024-12-31 04549117 2023-12-31 04549117 c:CompanySecretary1 2024-01-01 2024-12-31 04549117 c:Director1 2024-01-01 2024-12-31 04549117 c:RegisteredOffice 2024-01-01 2024-12-31 04549117 d:FurnitureFittings 2024-01-01 2024-12-31 04549117 d:FurnitureFittings 2024-12-31 04549117 d:FurnitureFittings 2023-12-31 04549117 d:FurnitureFittings d:OwnedOrFreeholdAssets 2024-01-01 2024-12-31 04549117 d:Goodwill 2024-12-31 04549117 d:Goodwill 2023-12-31 04549117 d:CurrentFinancialInstruments 2024-12-31 04549117 d:CurrentFinancialInstruments 2023-12-31 04549117 d:CurrentFinancialInstruments d:WithinOneYear 2024-12-31 04549117 d:CurrentFinancialInstruments d:WithinOneYear 2023-12-31 04549117 d:ShareCapital 2024-12-31 04549117 d:ShareCapital 2023-12-31 04549117 d:RetainedEarningsAccumulatedLosses 2024-12-31 04549117 d:RetainedEarningsAccumulatedLosses 2023-12-31 04549117 c:FRS102 2024-01-01 2024-12-31 04549117 c:AuditExempt-NoAccountantsReport 2024-01-01 2024-12-31 04549117 c:FullAccounts 2024-01-01 2024-12-31 04549117 c:PrivateLimitedCompanyLtd 2024-01-01 2024-12-31 04549117 e:PoundSterling 2024-01-01 2024-12-31 iso4217:GBP xbrli:pure
Company registration number: 04549117







UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED
31 DECEMBER 2024


QUOTIDIAN LIMITED






































img392b.png                        

 


QUOTIDIAN LIMITED
 


 
COMPANY INFORMATION


Director
A D Smith 




Company secretary
C S Smith



Registered number
04549117



Registered office
Richmond House
Walkern Road

Stevenage

SG1 3QP




Accountants
Menzies LLP
Chartered accountants

Richmond House

Walkern Road

Stevenage

SG1 3QP





 


QUOTIDIAN LIMITED
 



CONTENTS



Page
Statement of Financial Position
1 - 2
Notes to the Financial Statements
3 - 7


 


QUOTIDIAN LIMITED
REGISTERED NUMBER:04549117



STATEMENT OF FINANCIAL POSITION
AS AT 31 DECEMBER 2024

2024
2023
Note
£
£

Fixed assets
  

Tangible assets
 5 
12,609
9,560

  
12,609
9,560

Current assets
  

Stocks
  
2,000
2,000

Debtors: amounts falling due within one year
 6 
2,941
3,030

Cash at bank and in hand
  
16,274
24,201

  
21,215
29,231

Creditors: amounts falling due within one year
 7 
(22,664)
(22,377)

Net current (liabilities)/assets
  
 
 
(1,449)
 
 
6,854

Total assets less current liabilities
  
11,160
16,414

  

Net assets
  
11,160
16,414


Capital and reserves
  

Called up share capital 
  
2
2

Profit and loss account
  
11,158
16,412

  
11,160
16,414


Page 1

 


QUOTIDIAN LIMITED
REGISTERED NUMBER:04549117


    
STATEMENT OF FINANCIAL POSITION (CONTINUED)
AS AT 31 DECEMBER 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: 




................................................
A D Smith
Director

Date: 30 May 2025

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

Page 2

 


QUOTIDIAN LIMITED
 


 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024

1.


General information

Quotidian Limited is a private company, limited by shares, registered in England and Wales. The company's registered number and registered office address can be found on the company information page. 
The presentation currency of the financial statements is the Pound Sterling (£). 

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, 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.

Page 3

 


QUOTIDIAN LIMITED
 


 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024

2.Accounting policies (continued)

 
2.3

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 income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting 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 reporting 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 reporting date.


 
2.4

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.

 
2.5

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 and fittings
-
20%

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.

Page 4

 


QUOTIDIAN LIMITED
 


 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024

2.Accounting policies (continued)

 
2.6

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 first in, first out basis. Work in progress and finished goods include labour and attributable overheads.

At each reporting 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.

 
2.7

Financial instruments

Financial instruments are recognised in the Company's Statement of Financial Position when the Company becomes party to the contractual provisions of the instrument.


3.


Employees

The average monthly number of employees, including directors, during the year was 3 (2023 - 4).


4.


Intangible assets




Goodwill

£



Cost


At 1 January 2024
29,748



At 31 December 2024

29,748



Amortisation


At 1 January 2024
29,748



At 31 December 2024

29,748



Net book value



At 31 December 2024
-



At 31 December 2023
-



Page 5

 


QUOTIDIAN LIMITED
 


 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024

5.


Tangible fixed assets





Fixtures and fittings

£



Cost or valuation


At 1 January 2024
77,830


Additions
6,776



At 31 December 2024

84,606



Depreciation


At 1 January 2024
68,270


Charge for the year 
3,727



At 31 December 2024

71,997



Net book value



At 31 December 2024
12,609



At 31 December 2023
9,560


6.


Debtors

2024
2023
£
£


Other debtors
2,941
3,030

2,941
3,030



7.


Creditors: Amounts falling due within one year

2024
2023
£
£

Trade creditors
-
6,018

Corporation tax
20,369
16,917

Other taxation and social security
347
-

Other creditors
198
(1,758)

Accruals and deferred income
1,750
1,200

22,664
22,377


Page 6

 


QUOTIDIAN LIMITED
 


 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024

8.


Related party transactions

At the reporting date the company owed £198 (2023: £385) to the director. The balance can be found within creditors due within one year and no interest is payable on this.

 
Page 7