Caseware UK (AP4) 2024.0.164 2024.0.164 2025-01-312025-01-3102024-01-15falseBusiness and domestic software development0truetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.false 15411355 2024-01-14 15411355 2024-01-15 2025-01-31 15411355 2023-01-01 2024-01-14 15411355 2025-01-31 15411355 c:Director1 2024-01-15 2025-01-31 15411355 d:MotorVehicles 2024-01-15 2025-01-31 15411355 d:MotorVehicles 2025-01-31 15411355 d:MotorVehicles d:OwnedOrFreeholdAssets 2024-01-15 2025-01-31 15411355 d:FurnitureFittings 2024-01-15 2025-01-31 15411355 d:FurnitureFittings 2025-01-31 15411355 d:FurnitureFittings d:OwnedOrFreeholdAssets 2024-01-15 2025-01-31 15411355 d:OwnedOrFreeholdAssets 2024-01-15 2025-01-31 15411355 d:CurrentFinancialInstruments 2025-01-31 15411355 d:CurrentFinancialInstruments d:WithinOneYear 2025-01-31 15411355 d:ShareCapital 2025-01-31 15411355 d:RetainedEarningsAccumulatedLosses 2025-01-31 15411355 c:OrdinaryShareClass1 2024-01-15 2025-01-31 15411355 c:OrdinaryShareClass1 2025-01-31 15411355 c:OrdinaryShareClass2 2024-01-15 2025-01-31 15411355 c:OrdinaryShareClass2 2025-01-31 15411355 c:FRS102 2024-01-15 2025-01-31 15411355 c:AuditExempt-NoAccountantsReport 2024-01-15 2025-01-31 15411355 c:FullAccounts 2024-01-15 2025-01-31 15411355 c:PrivateLimitedCompanyLtd 2024-01-15 2025-01-31 15411355 2 2024-01-15 2025-01-31 15411355 e:PoundSterling 2024-01-15 2025-01-31 iso4217:GBP xbrli:shares xbrli:pure

Registered number: 15411355









TEKGEN DYNAMICS LIMITED







UNAUDITED

FINANCIAL STATEMENTS

FOR THE PERIOD ENDED 31 JANUARY 2025

 
TEKGEN DYNAMICS LIMITED
REGISTERED NUMBER: 15411355

BALANCE SHEET
AS AT 31 JANUARY 2025

2025
Note
£

Fixed assets
  

Tangible assets
 4 
21,818

  
21,818

Current assets
  

Debtors: amounts falling due within one year
 5 
13,317

Cash at bank and in hand
 6 
57,580

  
70,897

Creditors: amounts falling due within one year
 7 
(38,953)

Net current assets
  
 
 
31,944

Total assets less current liabilities
  
53,762

  

Net assets
  
53,762


Capital and reserves
  

Called up share capital 
 8 
100

Profit and loss account
  
53,662

  
53,762


Page 1

 
TEKGEN DYNAMICS LIMITED
REGISTERED NUMBER: 15411355
    
BALANCE SHEET (CONTINUED)
AS AT 31 JANUARY 2025

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 period 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 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 6 June 2025.




___________________________
Cherith Rosevear-Cox
Director

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

Page 2

 
TEKGEN DYNAMICS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 JANUARY 2025

1.


General information

The Company is a private company limited by share capital, incorporated in England and Wales. The principal activity of the Company throughout the year was that of business and domestic software development. The Company was incorporated on 15th January 2024 and commenced trading on that date.

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.

 
2.3

Interest income

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

 
2.4

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 balance sheet date in the countries where the Company operates and generates income.


Page 3

 
TEKGEN DYNAMICS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 JANUARY 2025

2.Accounting policies (continued)

 
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, on a reducing balance basis.

Depreciation is provided on the following basis:

Motor vehicles
-
25%
reducing balance
Fixtures and fittings
-
20%
reducing balance

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.

 
2.6

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.

 
2.7

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.

 
2.8

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.

 
2.9

Dividends

Equity dividends are recognised when they become legally payable. Interim equity dividends are recognised when paid. Final equity dividends are recognised when approved by the shareholders at an annual general meeting.


3.


Employees

The Company has no employees other than the directors, who did not receive any remuneration.

Page 4

 
TEKGEN DYNAMICS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 JANUARY 2025

4.


Tangible fixed assets





Motor vehicles
Fixtures and fittings
Total

£
£
£



Cost or valuation


Additions
24,680
4,134
28,814



At 31 January 2025

24,680
4,134
28,814



Depreciation


Charge for the period on owned assets
6,170
826
6,996



At 31 January 2025

6,170
826
6,996



Net book value



At 31 January 2025
18,510
3,308
21,818


5.


Debtors

2025
£

Trade debtors
13,317

13,317


Page 5

 
TEKGEN DYNAMICS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 JANUARY 2025

6.


Cash and cash equivalents

2025
£

Cash at bank and in hand
57,580

57,580



7.


Creditors: Amounts falling due within one year

2025
£

Corporation tax
21,299

Other taxation and social security
2,591

Other creditors
13,813

Accruals and deferred income
1,250

38,953


Included in creditors is a directors' loan account balance of £13,813 in relation to Brent Cox and Cherith Rosevear-Cox.


8.


Share capital

2025
£
Allotted, called up and fully paid


50 Ordinary shares of £1.00 each
50
50 Ordinary A shares of £1.00 each
50

100


Upon incorporation, 100 Ordinary £1 shares were issued at par.


9.


Controlling party

There is no overall controlling party.

 
Page 6