Caseware UK (AP4) 2023.0.135 2023.0.135 2024-03-312024-03-31false12023-04-01false1No description of principal activitytrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. 10743398 2023-04-01 2024-03-31 10743398 2022-04-01 2023-03-31 10743398 2024-03-31 10743398 2023-03-31 10743398 c:Director2 2023-04-01 2024-03-31 10743398 d:OfficeEquipment 2023-04-01 2024-03-31 10743398 d:OfficeEquipment 2024-03-31 10743398 d:OfficeEquipment 2023-03-31 10743398 d:OfficeEquipment d:OwnedOrFreeholdAssets 2023-04-01 2024-03-31 10743398 d:ComputerEquipment 2023-04-01 2024-03-31 10743398 d:ComputerEquipment 2024-03-31 10743398 d:ComputerEquipment 2023-03-31 10743398 d:ComputerEquipment d:OwnedOrFreeholdAssets 2023-04-01 2024-03-31 10743398 d:OwnedOrFreeholdAssets 2023-04-01 2024-03-31 10743398 d:CurrentFinancialInstruments 2024-03-31 10743398 d:CurrentFinancialInstruments 2023-03-31 10743398 d:CurrentFinancialInstruments d:WithinOneYear 2024-03-31 10743398 d:CurrentFinancialInstruments d:WithinOneYear 2023-03-31 10743398 d:ShareCapital 2024-03-31 10743398 d:ShareCapital 2023-03-31 10743398 d:RetainedEarningsAccumulatedLosses 2024-03-31 10743398 d:RetainedEarningsAccumulatedLosses 2023-03-31 10743398 c:FRS102 2023-04-01 2024-03-31 10743398 c:AuditExempt-NoAccountantsReport 2023-04-01 2024-03-31 10743398 c:FullAccounts 2023-04-01 2024-03-31 10743398 c:PrivateLimitedCompanyLtd 2023-04-01 2024-03-31 10743398 6 2023-04-01 2024-03-31 10743398 e:PoundSterling 2023-04-01 2024-03-31 iso4217:GBP xbrli:pure

Registered number: 10743398










PI DEVELOPMENTS LTD








UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 31 MARCH 2024

 
PI DEVELOPMENTS LTD
REGISTERED NUMBER: 10743398

STATEMENT OF FINANCIAL POSITION
AS AT 31 MARCH 2024

2024
2023
Note
£
£

Fixed assets
  

Tangible assets
 4 
3,277
4,126

Investments
 5 
510
510

  
3,787
4,636

Current assets
  

Debtors: amounts falling due within one year
 6 
54
9,942

Bank and cash balances
  
6,491
30,032

  
6,545
39,974

Creditors: amounts falling due within one year
 7 
(2,296)
(2,271)

Net current assets
  
 
 
4,249
 
 
37,703

Total assets less current liabilities
  
8,036
42,339

  

Net assets
  
8,036
42,339


Capital and reserves
  

Called up share capital 
  
100
100

Profit and loss account
  
7,936
42,239

  
8,036
42,339


Page 1

 
PI DEVELOPMENTS LTD
REGISTERED NUMBER: 10743398
    
STATEMENT OF FINANCIAL POSITION (CONTINUED)
AS AT 31 MARCH 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 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: 






S Isdell-Carpenter
Director

Date: 18 June 2025

The notes on pages 3 to 6 form part of these financial statements.

Page 2

 
PI DEVELOPMENTS LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024

1.


General information

PI Developments Ltd, registered number 10743398 is a private company limited by shares and registered in England and Wales.  The registered office is Wey Court West, Union Road, Farnham, Surrey, GU9 7PT.

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

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
-
25%
Computer equipment
-
25%

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.

 
2.3

Valuation of investments

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

 
2.4

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.

Page 3

 
PI DEVELOPMENTS LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024

2.Accounting policies (continued)

 
2.5

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.

 
2.6

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.

 
2.7

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 directors, during the year was 1 (2023 - 1).

Page 4

 
PI DEVELOPMENTS LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024

4.


Tangible fixed assets





Office equipment
Computer equipment
Total

£
£
£



Cost or valuation


At 1 April 2023
650
5,089
5,739


Additions
-
624
624



At 31 March 2024

650
5,713
6,363



Depreciation


At 1 April 2023
304
1,309
1,613


Charge for the year on owned assets
162
1,311
1,473



At 31 March 2024

466
2,620
3,086



Net book value



At 31 March 2024
184
3,093
3,277



At 31 March 2023
346
3,780
4,126

Page 5

 
PI DEVELOPMENTS LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024

5.


Fixed asset investments





Unlisted investments

£



Cost or valuation


At 1 April 2023
510



At 31 March 2024
510





6.


Debtors

2024
2023
£
£


Amounts owed by associated undertakings
-
9,666

Other debtors
54
276

54
9,942



7.


Creditors: Amounts falling due within one year

2024
2023
£
£

Trade creditors
157
165

Other taxation and social security
-
106

Other creditors
139
-

Accruals and deferred income
2,000
2,000

2,296
2,271


 
Page 6