Caseware UK (AP4) 2024.0.164 2024.0.164 2025-03-312025-03-312025-05-301The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.2024-04-01truetruefalseNo description of principal activity1false 13420456 2024-04-01 2025-03-31 13420456 2023-04-01 2024-03-31 13420456 2025-03-31 13420456 2024-03-31 13420456 c:CompanySecretary1 2024-04-01 2025-03-31 13420456 c:Director1 2024-04-01 2025-03-31 13420456 c:RegisteredOffice 2024-04-01 2025-03-31 13420456 d:ComputerEquipment 2024-04-01 2025-03-31 13420456 d:ComputerEquipment 2025-03-31 13420456 d:ComputerEquipment 2024-03-31 13420456 d:ComputerEquipment d:OwnedOrFreeholdAssets 2024-04-01 2025-03-31 13420456 d:CurrentFinancialInstruments d:WithinOneYear 2025-03-31 13420456 d:CurrentFinancialInstruments d:WithinOneYear 2024-03-31 13420456 d:ShareCapital 2025-03-31 13420456 d:ShareCapital 2024-03-31 13420456 d:RetainedEarningsAccumulatedLosses 2025-03-31 13420456 d:RetainedEarningsAccumulatedLosses 2024-03-31 13420456 c:FRS102 2024-04-01 2025-03-31 13420456 c:AuditExempt-NoAccountantsReport 2024-04-01 2025-03-31 13420456 c:FullAccounts 2024-04-01 2025-03-31 13420456 c:PrivateLimitedCompanyLtd 2024-04-01 2025-03-31 13420456 e:PoundSterling 2024-04-01 2025-03-31 iso4217:GBP xbrli:pure
Company registration number: 13420456







UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED
31 MARCH 2025


THEITMEDIC LIMITED






































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THEITMEDIC LIMITED
 


 
COMPANY INFORMATION


Director
M Hammond 




Company secretary
N Hammond



Registered number
13420456



Registered office
Richmond House
Walkern Road

Stevenage

SG1 3QP




Accountants
Menzies LLP
Chartered Accountants

Richmond House

Walkern Road

Stevenage

SG1 3QP





 


THEITMEDIC LIMITED
 



CONTENTS



Page
Statement of Financial Position
1 - 2
Notes to the Financial Statements
3 - 5


 


THEITMEDIC LIMITED
REGISTERED NUMBER:13420456



STATEMENT OF FINANCIAL POSITION
AS AT 31 MARCH 2025

2025
2024
Note
£
£

Fixed assets
  

Tangible assets
 4 
3,007
2,130

  
3,007
2,130

Current assets
  

Debtors
  
7,779
7,199

Cash at bank and in hand
  
74,965
72,758

  
82,744
79,957

Creditors: amounts falling due within one year
  
(81,222)
(58,955)

Net current assets
  
 
 
1,522
 
 
21,002

Total assets less current liabilities
  
4,529
23,132

  

Net assets
  
4,529
23,132


Capital and reserves
  

Called up share capital 
  
100
100

Profit and loss account
  
4,429
23,032

  
4,529
23,132


Page 1

 


THEITMEDIC LIMITED
REGISTERED NUMBER:13420456


    
STATEMENT OF FINANCIAL POSITION (CONTINUED)
AS AT 31 MARCH 2025

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 30 May 2025.




................................................
M Hammond
Director

The notes on pages 3 to 5 form part of these financial statements.

Page 2

 


THEITMEDIC LIMITED
 


 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025

1.


General information

Theitmedic 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.

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.

Page 3

 


THEITMEDIC LIMITED
 


 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025

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

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
-
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.

 
2.5

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.

Page 4

 


THEITMEDIC LIMITED
 


 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025

3.


Employees

The average monthly number of employees, including directors, during the year was 1 (2024 - 1).


4.


Tangible fixed assets





Computer equipment

£



Cost or valuation


At 1 April 2024
2,611


Additions
1,571



At 31 March 2025

4,182



Depreciation


At 1 April 2024
481


Charge for the year on owned assets
694



At 31 March 2025

1,175



Net book value



At 31 March 2025
3,007



At 31 March 2024
2,130


5.


Related party transactions

Included in creditors due within one year is a balance of £62,783 (2024: £41,284) payable to the director of the company. This balance was free of interest and repayable on demand. 

 
Page 5