Caseware UK (AP4) 2024.0.164 2024.0.164 2024-12-312024-12-31false2024-01-01truefalseNo description of principal activity79falseThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. 01314198 2024-01-01 2024-12-31 01314198 2023-01-01 2023-12-31 01314198 2024-12-31 01314198 2023-12-31 01314198 c:Director1 2024-01-01 2024-12-31 01314198 c:RegisteredOffice 2024-01-01 2024-12-31 01314198 d:OfficeEquipment 2024-01-01 2024-12-31 01314198 d:OfficeEquipment 2024-12-31 01314198 d:OfficeEquipment 2023-12-31 01314198 d:OfficeEquipment d:OwnedOrFreeholdAssets 2024-01-01 2024-12-31 01314198 d:OtherPropertyPlantEquipment 2024-01-01 2024-12-31 01314198 d:OtherPropertyPlantEquipment 2024-12-31 01314198 d:OtherPropertyPlantEquipment 2023-12-31 01314198 d:OtherPropertyPlantEquipment d:OwnedOrFreeholdAssets 2024-01-01 2024-12-31 01314198 d:OwnedOrFreeholdAssets 2024-01-01 2024-12-31 01314198 d:CurrentFinancialInstruments 2024-12-31 01314198 d:CurrentFinancialInstruments 2023-12-31 01314198 d:Non-currentFinancialInstruments 2024-12-31 01314198 d:Non-currentFinancialInstruments 2023-12-31 01314198 d:CurrentFinancialInstruments d:WithinOneYear 2024-12-31 01314198 d:CurrentFinancialInstruments d:WithinOneYear 2023-12-31 01314198 d:Non-currentFinancialInstruments d:AfterOneYear 2024-12-31 01314198 d:Non-currentFinancialInstruments d:AfterOneYear 2023-12-31 01314198 d:ShareCapital 2024-12-31 01314198 d:ShareCapital 2023-12-31 01314198 d:RetainedEarningsAccumulatedLosses 2024-12-31 01314198 d:RetainedEarningsAccumulatedLosses 2023-12-31 01314198 d:FurtherSpecificTypeProvisionContingentLiability1ComponentTotalProvisionsContingentLiabilities 2024-12-31 01314198 d:FurtherSpecificTypeProvisionContingentLiability1ComponentTotalProvisionsContingentLiabilities 2023-12-31 01314198 c:FRS102 2024-01-01 2024-12-31 01314198 c:AuditExempt-NoAccountantsReport 2024-01-01 2024-12-31 01314198 c:FullAccounts 2024-01-01 2024-12-31 01314198 c:PrivateLimitedCompanyLtd 2024-01-01 2024-12-31 01314198 e:PoundSterling 2024-01-01 2024-12-31 iso4217:GBP xbrli:pure
Company registration number: 01314198







UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED
31 DECEMBER 2024


SABRE COMPUTERS INTERNATIONAL LIMITED






































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SABRE COMPUTERS INTERNATIONAL LIMITED
 


 
COMPANY INFORMATION


Director
M Pavia 




Registered number
01314198



Registered office
The Old Naafi, The Village
Caterham Barracks

Caterham

Surrey

CR3 5QX




Accountants
Menzies LLP
Chartered Accountants

Ashcombe House

5 The Crescent

Leatherhead

Surrey

KT22 8DY





 


SABRE COMPUTERS INTERNATIONAL LIMITED
 



CONTENTS



Page
Statement of Financial Position
1 - 2
Notes to the Financial Statements
3 - 8


 


SABRE COMPUTERS INTERNATIONAL LIMITED
REGISTERED NUMBER:01314198



STATEMENT OF FINANCIAL POSITION
AS AT 31 DECEMBER 2024

2024
2023
Note
£
£

Fixed assets
  

Tangible assets
 4 
9,237
12,122

Investments
 5 
100
100

  
9,337
12,222

Current assets
  

Stocks
  
500,040
515,487

Debtors: amounts falling due within one year
 6 
619,830
235,616

Cash at bank and in hand
  
16,621
702

  
1,136,491
751,805

Creditors: amounts falling due within one year
 7 
(828,337)
(474,540)

Net current assets
  
 
 
308,154
 
 
277,265

Total assets less current liabilities
  
317,491
289,487

Creditors: amounts falling due after more than one year
 8 
(565,227)
(500,000)

Provisions for liabilities
  

Deferred tax
  
-
(1,808)

Other provisions
 9 
(58,000)
(58,000)

  
 
 
(58,000)
 
 
(59,808)

Net liabilities
  
(305,736)
(270,321)

Page 1

 


SABRE COMPUTERS INTERNATIONAL LIMITED
REGISTERED NUMBER:01314198


    
STATEMENT OF FINANCIAL POSITION (CONTINUED)
AS AT 31 DECEMBER 2024

2024
2023
£
£

Capital and reserves
  

Called up share capital 
  
33,000
33,000

Profit and loss account
  
(338,736)
(303,321)

  
(305,736)
(270,321)


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: 




M Pavia
Director

Date: 18 June 2025

The notes on pages 3 to 8 form part of these financial statements.

Page 2

 


SABRE COMPUTERS INTERNATIONAL LIMITED
 


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

1.


General information

Sabre Computers International Limited is a private company, limited by shares and incorporated in England. The address of the registered office is given on the company information page.  
The significant accounting policies applied in the preparation of these financial statements are set out below. These 
policies have been consistently applied to all years presented unless otherwise stated.

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 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:

 
2.2

Going concern

As at 31 December 2024 the statement of income and retained earnings reports a loss of £35,415 (2023 - £55,049). As at 31 December 2024 the statement of financial position reported net liabilities of £305,736 (2023 - £270,321). The company is reliant upon the continued support of its director and it's creditors, who confirm their continued financial support of the company. The director therefore considers it appropriate to prepare the accounts on a going concern basis.

 
2.3

Revenue

Revenue consists of turnover derived from the design and supply of integrated solutions ultrafast imaging, ballistic and impact testing systems. Stage of completion is measured by management and is based on defined billing milestones and estimated percentage of completion contracts. Revenue is recognised to the extent that 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.

 
2.4

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:

Office equipment
-
20%
Research 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.

Page 3

 


SABRE COMPUTERS INTERNATIONAL LIMITED
 


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

2.Accounting policies (continued)

 
2.5

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.

 
2.6

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.

 
2.7

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 Statement of Financial Position. The assets of the plan are held separately from the company in independently administered funds.

 
2.8

Provisions for liabilities

Provisions are made where an event has taken place that gives the company a legal or constructive obligation that probably requires settlement by a transfer of economic benefit, and a reliable estimate can be made of the amount of the obligation.
Provisions are charged as an expense to profit or loss in the year that the company becomes aware of the obligation, and are measured at the best estimate at the reporting date of the expenditure required to settle the obligation, taking into account relevant risks and uncertainties.
When payments are eventually made, they are charged to the provision carried in the Statement of Financial Position.

Page 4

 


SABRE COMPUTERS INTERNATIONAL LIMITED
 


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

2.Accounting policies (continued)

 
2.9

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 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.

  
2.10

Research and development

All expenditure on research and development is recognised as an expense when it is incurred.


3.


Employees

The average monthly number of employees, including directors, during the year was 7 (2023 - 9).

Page 5

 


SABRE COMPUTERS INTERNATIONAL LIMITED
 


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

4.


Tangible assets





Office equipment
Research Equipment
Total

£
£
£



Cost or valuation


At 1 January 2024
32,699
7,750
40,449



At 31 December 2024

32,699
7,750
40,449



Depreciation


At 1 January 2024
23,481
4,846
28,327


Charge for the year on owned assets
2,274
611
2,885



At 31 December 2024

25,755
5,457
31,212



Net book value



At 31 December 2024
6,944
2,293
9,237



At 31 December 2023
9,218
2,904
12,122


5.


Investments





Investments in subsidiary companies

£



Cost or valuation


At 1 January 2024
100



At 31 December 2024
100




The company owns 100% of the issued ordinary share capital of Sabre Ballistics Limited, a dormant company.
Under the provision of section 398 of the Companies Act 2006 the company is exempt from preparing consolidated accounts and has not done so, therefore the accounts show information about the company as an individual entity.

Page 6

 


SABRE COMPUTERS INTERNATIONAL LIMITED
 


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

6.


Debtors

2024
2023
£
£


Trade debtors
206,142
127,574

Amounts owed by group undertakings
1,700
1,700

Other debtors
87,745
84,942

Prepayments and accrued income
311,279
21,400

Deferred taxation
12,964
-

619,830
235,616



7.


Creditors: Amounts falling due within one year

2024
2023
£
£

Bank overdrafts
7,708
39,885

Bank loans
50,000
50,000

Trade creditors
156,737
174,763

Amounts owed to group undertakings
400,000
75,396

Other taxation and social security
22,658
22,284

Other creditors
3,094
4,889

Accruals and deferred income
188,140
107,323

828,337
474,540


Lloyds Bank Plc have a fixed and floating charge over the assets of the company in relation to secured obligations.


8.


Creditors: Amounts falling due after more than one year

2024
2023
£
£

Bank loans
25,000
75,000

Amounts owed to group undertakings
540,227
425,000

565,227
500,000


Lloyds Bank Plc have a fixed and floating charge over the assets of the company in relation to secured obligations.

Page 7

 


SABRE COMPUTERS INTERNATIONAL LIMITED
 


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

9.


Provisions




Other provisions

£





At 1 January 2024
58,000



At 31 December 2024
58,000


10.


Parent company

The parent of the smallest group for which consolidated financial statements are drawn up is Sydor Holdings LLC. The address of their registered office is 78 Schuyler Baldwin Drive, Fairport, New York 14450 USA.

 
Page 8