Caseware UK (AP4) 2024.0.164 2024.0.164 trueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.2024-04-01falseNo description of principal activity11falsefalse 03021355 2025-03-31 03021355 c:Director1 2024-04-01 2025-03-31 03021355 2024-04-01 2025-03-31 03021355 2023-04-01 2024-03-31 03021355 2024-03-31 03021355 2024-04-01 03021355 2023-04-01 03021355 d:PlantMachinery 2024-04-01 2025-03-31 03021355 d:PlantMachinery 2025-03-31 03021355 d:PlantMachinery 2024-03-31 03021355 d:PlantMachinery d:OwnedOrFreeholdAssets 2024-04-01 2025-03-31 03021355 d:CurrentFinancialInstruments 2025-03-31 03021355 d:CurrentFinancialInstruments 2024-03-31 03021355 d:CurrentFinancialInstruments d:WithinOneYear 2025-03-31 03021355 d:CurrentFinancialInstruments d:WithinOneYear 2024-03-31 03021355 d:ShareCapital 2025-03-31 03021355 d:ShareCapital 2024-03-31 03021355 d:RetainedEarningsAccumulatedLosses 2025-03-31 03021355 d:RetainedEarningsAccumulatedLosses 2024-03-31 03021355 c:FRS102 2024-04-01 2025-03-31 03021355 c:AuditExempt-NoAccountantsReport 2024-04-01 2025-03-31 03021355 c:FullAccounts 2024-04-01 2025-03-31 03021355 c:PrivateLimitedCompanyLtd 2024-04-01 2025-03-31 03021355 2 2024-04-01 2025-03-31 03021355 6 2024-04-01 2025-03-31 03021355 e:PoundSterling 2024-04-01 2025-03-31 iso4217:GBP xbrli:pure
Company registration number: 03021355











CRITICAL COMPUTER COMPANY LIMITED
Unaudited
Financial statements
Information for filing with the registrar
For the Year Ended 31 March 2025

















Coveney Nicholls Limited
Chartered Accountants
The Old Wheel House
31/37 Church Street
Reigate
Surrey
UK
RH2 0AD

 
CRITICAL COMPUTER COMPANY LIMITED
Registered number:03021355

Statement of Financial Position
As at 31 March 2025

2025
2024
Note
£
£

Fixed assets
  

Tangible assets
 4 
2,023
3,096

Investments
  
576,950
263,325

  
578,973
266,421

Current assets
  

Debtors: amounts falling due within one year
 6 
12,900
368,174

Cash at bank and in hand
 7 
237,561
78,285

  
250,461
446,459

Creditors: amounts falling due within one year
 8 
(35,093)
(31,394)

Net current assets
  
 
 
215,368
 
 
415,065

Total assets less current liabilities
  
794,341
681,486

  

Net assets
  
794,341
681,486


Capital and reserves
  

Called up share capital 
  
1
1

Profit and loss account
  
794,340
681,485

  
794,341
681,486


Page 1

 
CRITICAL COMPUTER COMPANY LIMITED
Registered number:03021355
    
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 18 June 2025.




Edmund C F Wheeler
Director

The notes on pages 3 to 7 form part of these financial statements.

Page 2

 
CRITICAL COMPUTER COMPANY LIMITED
 
 
Notes to the Financial Statements

For the Year Ended 31 March 2025

1.


General information

The company is a private company limited by shares, registered in England and Wales. The address of the registered office is 25 Risbygate Street, Bury St Edmunds, Suffolk, IP33 3AQ.

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:

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.

 
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 reporting date in the countries where the Company operates and generates income.


Page 3

 
CRITICAL COMPUTER COMPANY LIMITED
 
 
Notes to the Financial Statements

For the Year Ended 31 March 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, using the straight-line method.

Depreciation is provided on the following basis:

Plant and machinery
-
33%

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

Valuation of investments

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

 
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.

 
2.10

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.

Page 4

 
CRITICAL COMPUTER COMPANY LIMITED
 
 
Notes to the Financial Statements

For the Year Ended 31 March 2025

3.


Employees

2025
2024
£
£

Wages and salaries
13,528
12,570

13,528
12,570


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


4.


Tangible fixed assets





Plant and machinery

£



Cost or valuation


At 1 April 2024
36,485


Additions
969



At 31 March 2025

37,454



Depreciation


At 1 April 2024
33,389


Charge for the year on owned assets
2,042



At 31 March 2025

35,431



Net book value



At 31 March 2025
2,023



At 31 March 2024
3,096

Page 5

 
CRITICAL COMPUTER COMPANY LIMITED
 
 
Notes to the Financial Statements

For the Year Ended 31 March 2025

5.


Fixed asset investments





Listed investments

£



Cost or valuation


At 1 April 2024
263,325


Additions
19,615,648


Disposals
(19,348,975)


Revaluations
46,953



At 31 March 2025
576,951





6.


Debtors

2025
2024
£
£


Trade debtors
12,900
21,930

Directors loan account
-
346,244

12,900
368,174



7.


Cash and cash equivalents

2025
2024
£
£

Cash at bank and in hand
237,561
78,285

237,561
78,285



8.


Creditors: Amounts falling due within one year

2025
2024
£
£

Corporation tax
27,224
24,662

Other taxation and social security
6,374
5,687

Accruals and deferred income
1,495
1,045

35,093
31,394


Page 6

 
CRITICAL COMPUTER COMPANY LIMITED
 
 
Notes to the Financial Statements

For the Year Ended 31 March 2025

9.
Director's advances, credits and guarantees


2025

Balance brought forward 
Advances/(credits) to the directors
Amounts repaid
Balance outstanding

£
£
£
£

Mr E Wheeler 
345,765
96,570
(442,335)
-

2024

Balance brought forward 
Advances/(credits) to the directors
Amounts repaid
Balance outstanding

£
£
£
£

Mr E Wheeler
8,463
472,433
(135,131)
345,765


10.


Related party transactions

The company was under the control of Mr Wheeler throughout the current and previous year. Mr Wheeler is the managing director and majority shareholder.
 

 
Page 7