Caseware UK (AP4) 2024.0.164 2024.0.164 2025-02-282025-05-212025-02-282025-05-212024-03-01falseNo description of principal activity44falsetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. 13685139 2024-03-01 2025-02-28 13685139 2023-03-01 2024-02-29 13685139 2025-02-28 13685139 2024-02-29 13685139 c:Director2 2024-03-01 2025-02-28 13685139 d:ComputerEquipment 2024-03-01 2025-02-28 13685139 d:ComputerEquipment 2025-02-28 13685139 d:ComputerEquipment 2024-02-29 13685139 d:ComputerEquipment d:OwnedOrFreeholdAssets 2024-03-01 2025-02-28 13685139 d:CurrentFinancialInstruments 2025-02-28 13685139 d:CurrentFinancialInstruments 2024-02-29 13685139 d:CurrentFinancialInstruments d:WithinOneYear 2025-02-28 13685139 d:CurrentFinancialInstruments d:WithinOneYear 2024-02-29 13685139 d:ShareCapital 2025-02-28 13685139 d:ShareCapital 2024-02-29 13685139 d:RetainedEarningsAccumulatedLosses 2025-02-28 13685139 d:RetainedEarningsAccumulatedLosses 2024-02-29 13685139 c:FRS102 2024-03-01 2025-02-28 13685139 c:AuditExemptWithAccountantsReport 2024-03-01 2025-02-28 13685139 c:FullAccounts 2024-03-01 2025-02-28 13685139 c:PrivateLimitedCompanyLtd 2024-03-01 2025-02-28 13685139 e:PoundSterling 2024-03-01 2025-02-28 iso4217:GBP xbrli:pure

Registered number: 13685139










REWARDEDCO LTD








UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 28 FEBRUARY 2025

 
REWARDEDCO LTD
 

CONTENTS



Page
Accountants' report
 
 
1
Balance sheet
 
 
2
Notes to the financial statements
 
 
3 - 6

 
REWARDEDCO LTD
 
  
CHARTERED ACCOUNTANTS' REPORT TO THE BOARD OF DIRECTORS ON THE PREPARATION OF THE UNAUDITED STATUTORY FINANCIAL STATEMENTS OF REWARDEDCO LTD
FOR THE YEAR ENDED 28 FEBRUARY 2025

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of RewardedCo Ltd for the year ended 28 February 2025 which comprise the Balance sheet and the related notes from the Company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW)we are subject to its ethical and other professional requirements which are detailed at https://www.icaew.com /regulation.

This report is made solely to the Board of directors of RewardedCo Ltd, as a body, in accordance with the terms of our engagement letter dated 31 March 2022Our work has been undertaken solely to prepare for your approval the financial statements of RewardedCo Ltd  and state those matters that we have agreed to state to the Board of directors of RewardedCo Ltd, as a body, in this report in accordance with ICAEW Technical Release TECH07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than RewardedCo Ltd and its Board of directors, as a body, for our work or for this report. 

It is your duty to ensure that RewardedCo Ltd has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and loss of RewardedCo Ltd. You consider that RewardedCo Ltd is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or review of the financial statements of RewardedCo Ltd. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.

  


BAGINSKY COHEN
CHARTERED ACCOUNTANTS
930 HIGH ROAD
LONDON
N12 9RT
21 May 2025
Page 1

 
REWARDEDCO LTD
REGISTERED NUMBER: 13685139

BALANCE SHEET
AS AT 28 FEBRUARY 2025

28 February
28 February
29 February
29 February
2025
2025
2024
2024
Note
£
£
£
£

FIXED ASSETS
  

Tangible assets
 3 
1,229
1,843

CURRENT ASSETS
  

Debtors: amounts falling due within one year
 4 
440
3,941

Cash at bank and in hand
 5 
16,457
25,568

  
16,897
29,509

Creditors: amounts falling due within one year
 6 
(54,359)
(54,377)

NET CURRENT LIABILITIES
  
 
 
(37,462)
 
 
(24,868)

  

NET LIABILITIES
  
(36,233)
(23,025)


CAPITAL AND RESERVES
  

Called up share capital 
  
1
1

Profit and loss account
  
(36,234)
(23,026)

  
(36,233)
(23,025)


The directors consider 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 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 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 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 on 21 May 2025.



R H DAVISON
Director

The notes on pages 3 to 6 form part of these financial statements.
Page 2

 
REWARDEDCO LTD
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 28 FEBRUARY 2025

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 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:

 
1.2

GOING CONCERN

The parent undertaking will continue to provide financial support to the company.
Accordingly, the financial statements have been prepared using the going concern basis.     

 
1.3

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.

 
1.4

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:

Computer 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.

Page 3

 
REWARDEDCO LTD
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 28 FEBRUARY 2025

1.ACCOUNTING POLICIES (CONTINUED)

 
1.5

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.

 
1.6

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.

 
1.7

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.

 
1.8

FINANCIAL INSTRUMENTS

The Company has elected to apply the provisions of Section 11 “Basic Financial Instruments” of FRS 102 to all of its financial instruments.

Basic financial assets

Basic financial assets, which include trade and other receivables, cash and bank balances, are initially measured at their transaction price including transaction costs and are subsequently carried at their amortised cost using the effective interest method, less any provision for impairment, unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest.

Discounting is omitted where the effect of discounting is immaterial. The Company's cash and cash equivalents, trade and most other receivables due with the operating cycle fall into this category of financial instruments.

Financial liabilities

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instruments any contract that evidences a residual interest in the assets of the Company after the deduction of all its liabilities.

Basic financial liabilities, which include trade and other payables, bank loans and other loans are initially measured at their transaction price after transaction costs. When this constitutes a financing transaction, whereby the debt instrument is measured at the present value of the future receipts discounted at a market rate of interest. Discounting is omitted where the effect of discounting is immaterial.

Debt instruments are subsequently carried at their amortised cost using the effective interest rate method.

Trade payables are obligations to pay for goods and services that have been acquired in the ordinary course of business from suppliers. Trade payables are classified as current liabilities if the payment is due within one year. If not, they represent non-current liabilities. Trade payables are initially recognised at their transaction price and subsequently are measured at amortised cost using the effective interest method. Discounting is omitted where the effect of discounting is immaterial.
Page 4

 
REWARDEDCO LTD
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 28 FEBRUARY 2025

1.ACCOUNTING POLICIES (CONTINUED)


1.8
FINANCIAL INSTRUMENTS (CONTINUED)



2.


EMPLOYEES

The average monthly number of employees, including directors, during the year was 4 (2024 - 4).


3.


TANGIBLE FIXED ASSETS







Computer equipment

£



COST OR VALUATION


At 1 March 2024
2,457



At 28 February 2025

2,457



DEPRECIATION


At 1 March 2024
614


Charge for the year on owned assets
614



At 28 February 2025

1,228



NET BOOK VALUE



At 28 February 2025
1,229



At 29 February 2024
1,843


4.


DEBTORS

28 February
29 February
2025
2024
£
£


Trade debtors
-
3,472

Other debtors
440
469

440
3,941


Page 5

 
REWARDEDCO LTD
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 28 FEBRUARY 2025

5.


CASH AND CASH EQUIVALENTS

28 February
29 February
2025
2024
£
£

Cash at bank and in hand
16,457
25,568



6.


CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

28 February
29 February
2025
2024
£
£

Trade creditors
325
275

Amounts owed to group undertakings
52,444
52,557

Accruals and deferred income
1,590
1,545

54,359
54,377



Page 6