Caseware UK (AP4) 2024.0.164 2024.0.164 2024-09-302024-09-30falsefalseNo description of principal activity2023-10-01false11trueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. 08583833 2023-10-01 2024-09-30 08583833 2022-10-01 2023-09-30 08583833 2024-09-30 08583833 2023-09-30 08583833 c:Director1 2023-10-01 2024-09-30 08583833 d:MotorVehicles 2023-10-01 2024-09-30 08583833 d:MotorVehicles 2024-09-30 08583833 d:MotorVehicles 2023-09-30 08583833 d:MotorVehicles d:OwnedOrFreeholdAssets 2023-10-01 2024-09-30 08583833 d:OfficeEquipment 2023-10-01 2024-09-30 08583833 d:OfficeEquipment 2024-09-30 08583833 d:OfficeEquipment 2023-09-30 08583833 d:OfficeEquipment d:OwnedOrFreeholdAssets 2023-10-01 2024-09-30 08583833 d:OwnedOrFreeholdAssets 2023-10-01 2024-09-30 08583833 d:FreeholdInvestmentProperty 2024-09-30 08583833 d:FreeholdInvestmentProperty 2023-09-30 08583833 d:CurrentFinancialInstruments 2024-09-30 08583833 d:CurrentFinancialInstruments 2023-09-30 08583833 d:CurrentFinancialInstruments d:WithinOneYear 2024-09-30 08583833 d:CurrentFinancialInstruments d:WithinOneYear 2023-09-30 08583833 d:ShareCapital 2024-09-30 08583833 d:ShareCapital 2023-09-30 08583833 d:RetainedEarningsAccumulatedLosses 2024-09-30 08583833 d:RetainedEarningsAccumulatedLosses 2023-09-30 08583833 c:FRS102 2023-10-01 2024-09-30 08583833 c:AuditExempt-NoAccountantsReport 2023-10-01 2024-09-30 08583833 c:FullAccounts 2023-10-01 2024-09-30 08583833 c:PrivateLimitedCompanyLtd 2023-10-01 2024-09-30 08583833 d:AcceleratedTaxDepreciationDeferredTax 2024-09-30 08583833 d:AcceleratedTaxDepreciationDeferredTax 2023-09-30 08583833 e:PoundSterling 2023-10-01 2024-09-30 iso4217:GBP xbrli:pure

Registered number: 08583833










EURLAW LIMITED








UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 30 SEPTEMBER 2024

 
EURLAW LIMITED
REGISTERED NUMBER: 08583833

BALANCE SHEET
AS AT 30 SEPTEMBER 2024

2024
2023
Note
£
£

Fixed assets
  

Tangible assets
 4 
24,171
1

Investment property
 5 
200,000
200,000

  
224,171
200,001

Current assets
  

Debtors
  
2,245
-

Cash at bank and in hand
 6 
128,508
104,199

  
130,753
104,199

Creditors: amounts falling due within one year
 7 
(27,161)
(21,998)

Net current assets
  
 
 
103,592
 
 
82,201

Total assets less current liabilities
  
327,763
282,202

  

Net assets
  
327,763
282,202


Capital and reserves
  

Called up share capital 
  
200
200

Profit and loss account
  
327,563
282,002

  
327,763
282,202


Page 1

 
EURLAW LIMITED
REGISTERED NUMBER: 08583833
    
BALANCE SHEET (CONTINUED)
AS AT 30 SEPTEMBER 2024

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 Company's financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

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 on 19 June 2025.




B. Quinn
Director

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

Page 2

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

1.


General information

The entity is a private limited liability company, limited by shares registered in England and Wales within the United Kingdom. The registered office address is c/o Langtons, The Plaza, 100 Old Hall Street, Liverpool, L3 9QJ. The company number is 08583833. 

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 Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006.

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.

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.

Page 3

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

2.Accounting policies (continued)

 
2.3

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.


 
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:

Motor vehicles
-
25% straight line
Office equipment
-

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 4

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

2.Accounting policies (continued)

 
2.5

Investment property

Investment property is carried at fair value determined annually by external valuers and derived from the current market rents and investment property yields for comparable real estate, adjusted if necessary for any difference in the nature, location or condition of the specific asset. No depreciation is provided. Changes in fair value are recognised in profit or loss.

 
2.6

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.

 
2.7

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.

 
2.8

Provisions for liabilities

Provisions are recognised when an event has taken place that gives rise to a legal or constructive obligation, a transfer of economic benefits is probable and a reliable estimate can be made.
Provisions are measured as the best estimate of the amount required to settle the obligation, taking into account the related risks and uncertainties.
 
Increases in provisions are generally charged as an expense to profit or loss.

 
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 average monthly number of employees, including the director, during the year was as follows:


        2024
        2023
            No.
            No.







Administration
1
1

Page 5

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

4.


Tangible fixed assets





Motor vehicles
Office equipment
Total

£
£
£



Cost or valuation


At 1 October 2023
-
1,679
1,679


Additions
30,212
-
30,212



At 30 September 2024

30,212
1,679
31,891



Depreciation


At 1 October 2023
-
1,678
1,678


Charge for the year on owned assets
6,042
-
6,042



At 30 September 2024

6,042
1,678
7,720



Net book value



At 30 September 2024
24,170
1
24,171



At 30 September 2023
-
1
1

Page 6

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

5.


Investment property


Freehold investment property

£



Valuation


At 1 October 2023
200,000



At 30 September 2024
200,000

The 2024 valuations were made by Mr. B. Quinn, Director, on an open market value for existing use basis.



At 30 September 2024





6.


Cash and cash equivalents

2024
2023
£
£

Cash at bank and in hand
128,508
104,199

128,508
104,199



7.


Creditors: Amounts falling due within one year

2024
2023
£
£

Corporation tax
15,287
8,768

Other creditors
6,919
6,606

Accruals and deferred income
4,955
6,624

27,161
21,998


Page 7

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

8.


Deferred taxation




2024


£






Charged to profit or loss
2,245



At end of year
2,245

The deferred tax asset is made up as follows:

2024
2023
£
£


Accelerated capital allowances
2,245
-

2,245
-


9.


Related party transactions


Movement 2024
Movement 2023
2024
2023
£
£
£
£

B S Quinn
(313)
(213)
(6,917)
(6,604)
(313)
(213)
(6,917)
(6,604)

 B S Quinn is a director and shareholder.

 
Page 8