Caseware UK (AP4) 2024.0.164 2024.0.164 2024-09-302024-09-300false19true2023-10-0185590 - Other education not elsewhere classified22trueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.false 04681819 2023-10-01 2024-09-30 04681819 2022-10-01 2023-09-30 04681819 2024-09-30 04681819 2023-09-30 04681819 2022-10-01 04681819 c:Director1 2023-10-01 2024-09-30 04681819 d:ComputerEquipment 2023-10-01 2024-09-30 04681819 d:ComputerEquipment 2024-09-30 04681819 d:ComputerEquipment 2023-09-30 04681819 d:ComputerEquipment d:OwnedOrFreeholdAssets 2023-10-01 2024-09-30 04681819 d:DevelopmentCostsCapitalisedDevelopmentExpenditure 2023-10-01 2024-09-30 04681819 d:DevelopmentCostsCapitalisedDevelopmentExpenditure 2024-09-30 04681819 d:DevelopmentCostsCapitalisedDevelopmentExpenditure 2023-09-30 04681819 d:CurrentFinancialInstruments 2024-09-30 04681819 d:CurrentFinancialInstruments 2023-09-30 04681819 d:Non-currentFinancialInstruments 2024-09-30 04681819 d:Non-currentFinancialInstruments 2023-09-30 04681819 d:CurrentFinancialInstruments d:WithinOneYear 2024-09-30 04681819 d:CurrentFinancialInstruments d:WithinOneYear 2023-09-30 04681819 d:Non-currentFinancialInstruments d:AfterOneYear 2024-09-30 04681819 d:Non-currentFinancialInstruments d:AfterOneYear 2023-09-30 04681819 d:Non-currentFinancialInstruments d:BetweenOneTwoYears 2024-09-30 04681819 d:Non-currentFinancialInstruments d:BetweenOneTwoYears 2023-09-30 04681819 d:Non-currentFinancialInstruments d:BetweenTwoFiveYears 2024-09-30 04681819 d:Non-currentFinancialInstruments d:BetweenTwoFiveYears 2023-09-30 04681819 d:ShareCapital 2024-09-30 04681819 d:ShareCapital 2023-09-30 04681819 d:RetainedEarningsAccumulatedLosses 2024-09-30 04681819 d:RetainedEarningsAccumulatedLosses 2023-09-30 04681819 c:OrdinaryShareClass1 2023-10-01 2024-09-30 04681819 c:OrdinaryShareClass1 2024-09-30 04681819 c:OrdinaryShareClass1 2023-09-30 04681819 c:FRS102 2023-10-01 2024-09-30 04681819 c:AuditExempt-NoAccountantsReport 2023-10-01 2024-09-30 04681819 c:FullAccounts 2023-10-01 2024-09-30 04681819 c:PrivateLimitedCompanyLtd 2023-10-01 2024-09-30 04681819 d:AcceleratedTaxDepreciationDeferredTax 2024-09-30 04681819 d:AcceleratedTaxDepreciationDeferredTax 2023-09-30 04681819 d:TaxLossesCarry-forwardsDeferredTax 2024-09-30 04681819 d:TaxLossesCarry-forwardsDeferredTax 2023-09-30 04681819 d:DevelopmentCostsCapitalisedDevelopmentExpenditure d:ExternallyAcquiredIntangibleAssets 2023-10-01 2024-09-30 04681819 6 2023-10-01 2024-09-30 04681819 d:DevelopmentCostsCapitalisedDevelopmentExpenditure d:OwnedIntangibleAssets 2023-10-01 2024-09-30 04681819 e:PoundSterling 2023-10-01 2024-09-30 xbrli:shares iso4217:GBP xbrli:pure

Registered number: 04681819










MARY GOBER INTERNATIONAL LIMITED








UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 30 SEPTEMBER 2024

 
MARY GOBER INTERNATIONAL LIMITED
REGISTERED NUMBER: 04681819

BALANCE SHEET
AS AT 30 SEPTEMBER 2024

2024
2023
Note
£
£

Fixed assets
  

Intangible assets
 4 
139,241
135,974

Tangible assets
 5 
15,129
16,144

Investments
 6 
6,000
-

  
160,370
152,118

Current assets
  

Stocks
 7 
56,846
53,681

Debtors: amounts falling due within one year
 8 
654,850
697,855

Cash at bank and in hand
 9 
84,217
119,295

  
795,913
870,831

Current liabilities
  

Creditors: amounts falling due within one year
 10 
(541,519)
(563,080)

Net current assets
  
 
 
254,394
 
 
307,751

Total assets less current liabilities
  
414,764
459,869

Creditors: amounts falling due after more than one year
 11 
(279,847)
(361,675)

Provisions for liabilities
  

Deferred tax
 13 
(1,937)
(1,712)

Net assets
  
132,980
96,482


Capital and reserves
  

Called up share capital 
 14 
1,000
1,000

Profit and loss account
  
131,980
95,482

  
132,980
96,482


Page 1

 
MARY GOBER INTERNATIONAL LIMITED
REGISTERED NUMBER: 04681819

BALANCE SHEET (CONTINUED)
AS AT 30 SEPTEMBER 2024

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 by: 



................................................
D J Garraway
Director

Date: 16 June 2025

The notes on pages 3 to 11 form part of these financial statements.

Page 2

 
MARY GOBER INTERNATIONAL LIMITED
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2024

1.


General information

Mary Gober International Limited is a limited liability company domiciled in the UK and incorporated in England and Wales. Its principal activity is providing training services. The company's registered office is 2 Communications Road, Greenham Business Park, Newbury, Berkshire, England, RG19 6AB.

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 preparation of financial statements in compliance with FRS 102 requires the use of certain critical accounting estimates. It also requires management to exercise judgment in applying the Company's accounting policies.

 
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.

 
2.3

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.

 The estimated useful lives range as follows:

Development
-
5 years

 
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.

Page 3

 
MARY GOBER INTERNATIONAL LIMITED
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2024

2.Accounting policies (continued)


2.4
Tangible fixed assets (continued)

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
-
33% on cost

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

Valuation of investments

Investments in subsidiaries are measured at cost less accumulated impairment.

Investments in unlisted Company shares, whose market value can be reliably determined, are remeasured to market value at each balance sheet date. Gains and losses on remeasurement are recognised in the Statement of comprehensive income for the period. Where market value cannot be reliably determined, such investments are stated at historic cost less impairment.

Investments in listed company shares are remeasured to market value at each balance sheet date. Gains and losses on remeasurement are recognised in profit or loss for the period.

 
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 balance sheet 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

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.

 
2.8

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.

 
2.9

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 4

 
MARY GOBER INTERNATIONAL LIMITED
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2024

2.Accounting policies (continued)

 
2.10

Government grants

Grants are accounted under the accruals model as permitted by FRS 102. Grants relating to expenditure on tangible fixed assets are credited to profit or loss at the same rate as the depreciation on the assets to which the grant relates. The deferred element of grants is included in creditors as deferred income.
Grants of a revenue nature are recognised in the Statement of comprehensive income in the same period as the related expenditure.

 
2.11

Foreign currency translation

Functional and presentation currency

The Company's functional and presentational currency is GBP.

Transactions and balances

Foreign currency transactions are translated into the functional currency using the spot exchange rates at the dates of the transactions.

At each period end foreign currency monetary items are translated using the closing rate. Non-monetary items measured at historical cost are translated using the exchange rate at the date of the transaction and non-monetary items measured at fair value are measured using the exchange rate when fair value was determined.

Foreign exchange gains and losses resulting from the settlement of transactions and from the translation at period-end exchange rates of monetary assets and liabilities denominated in foreign currencies are recognised in profit or loss except when deferred in other comprehensive income as qualifying cash flow hedges.

 
2.12

Finance costs

Finance costs are charged to profit or loss over the term of the debt using the effective interest method so that the amount charged is at a constant rate on the carrying amount. Issue costs are initially recognised as a reduction in the proceeds of the associated capital instrument.

 
2.13

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.

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. Dividends on shares recognised as liabilities are recognised as expenses and classified within interest payable.

 
2.14

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight-line basis over the lease term.

Page 5

 
MARY GOBER INTERNATIONAL LIMITED
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2024

2.Accounting policies (continued)

 
2.15

Pensions

Defined contribution pension plan

The Company operates a defined contribution plan for its employees. A defined contribution plan is a pension plan under which the Company pays fixed contributions into a separate entity. Once the contributions have been paid the Company has no further payment obligations.

The contributions are recognised as an expense in profit or loss when they fall due. Amounts not paid are shown in accruals as a liability in the Balance sheet. The assets of the plan are held separately from the Company in independently administered funds.

 
2.16

Current and deferred taxation

The tax expense for the year comprises current and deferred tax. 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.

Deferred tax balances are recognised in respect of all timing differences that have originated but not reversed by the balance sheet 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 balance sheet date.



3.


Employees

The average monthly number of employees, including directors, during the year was 22 (2023 - 19).

Page 6

 
MARY GOBER INTERNATIONAL LIMITED
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2024

4.


Intangible assets




Development

£



Cost


At 1 October 2023
388,900


Additions
62,067



At 30 September 2024

450,967



Amortisation


At 1 October 2023
252,926


Charge for the year on owned assets
58,800



At 30 September 2024

311,726



Net book value



At 30 September 2024
139,241



At 30 September 2023
135,974



Page 7

 
MARY GOBER INTERNATIONAL LIMITED
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2024

5.


Tangible fixed assets





Computer equipment

£



Cost or valuation


At 1 October 2023
336,268


Additions
7,365



At 30 September 2024

343,633



Depreciation


At 1 October 2023
320,124


Charge for the year on owned assets
8,380



At 30 September 2024

328,504



Net book value



At 30 September 2024
15,129



At 30 September 2023
16,144


6.


Fixed asset investments





Other fixed asset investments

£



Cost or valuation


Additions
6,000



At 30 September 2024
6,000




Page 8

 
MARY GOBER INTERNATIONAL LIMITED
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2024

7.


Stocks

2024
2023
£
£

Raw materials and consumables
56,846
53,681



8.


Debtors

2024
2023
£
£


Trade debtors
402,315
442,210

Other debtors
114,209
95,781

Prepayments and accrued income
138,326
159,864

654,850
697,855



9.


Cash and cash equivalents

2024
2023
£
£

Cash at bank and in hand
84,217
119,295

Less: bank overdrafts
(195,279)
(217,484)

(111,062)
(98,189)



10.


Creditors: Amounts falling due within one year

2024
2023
£
£

Bank overdrafts
195,279
217,484

Bank loans
70,000
70,000

Other loans
59,998
-

Trade creditors
41,165
87,218

Corporation tax
17,107
5,294

Other taxation and social security
101,535
99,577

Other creditors
23,639
29,693

Accruals and deferred income
32,796
53,814

541,519
563,080


Page 9

 
MARY GOBER INTERNATIONAL LIMITED
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2024

11.


Creditors: Amounts falling due after more than one year

2024
2023
£
£

Bank loans
58,333
127,282

Other loans
19,531
-

Other creditors
201,983
234,393

279,847
361,675


Secured loans
The existing bank loan is secured via a fixed and floating charge over the assets of the company.
Personal guarantees have been given for 10% of the loan. 


12.


Loans


Analysis of the maturity of loans is given below:


2024
2023
£
£

Amounts falling due within one year

Bank loans
70,000
70,000

Other loans
59,998
-

Amounts falling due 1-2 years

Bank loans 1-2 yrs
58,333
70,000

Other loans
19,531
-

Amounts falling due 2-5 years

Bank loans 2-5 yrs
-
57,282

207,862
197,282



13.


Deferred taxation




2024
2023


£

£






At beginning of year
(1,712)
6,329


Charged to profit or loss
(225)
(8,041)



At end of year
(1,937)
(1,712)

Page 10

 
MARY GOBER INTERNATIONAL LIMITED
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2024
 
13.Deferred taxation (continued)

The provision for deferred taxation is made up as follows:

2024
2023
£
£


Fixed asset timing difference
(3,051)
(2,559)

Tax losses carried forward
1,114
847

(1,937)
(1,712)


14.


Share capital

2024
2023
£
£
Allotted, called up and fully paid



1,000 (2023 - 1,000) Ordinary shares of £1.00 each
1,000
1,000



15.


Ultimate controlling party

The ultimate controlling party is S Cooper, by virtue of her 55% shareholding. 


Page 11