Caseware UK (AP4) 2024.0.164 2024.0.164 2024-06-302024-06-30No description of principal activity0172023-06-23falsefalsetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.false 14955310 2023-06-22 14955310 2023-06-23 2024-06-30 14955310 2022-06-23 2023-06-22 14955310 2024-06-30 14955310 c:Director1 2023-06-23 2024-06-30 14955310 d:ComputerEquipment 2023-06-23 2024-06-30 14955310 d:ComputerEquipment 2024-06-30 14955310 d:ComputerEquipment d:OwnedOrFreeholdAssets 2023-06-23 2024-06-30 14955310 d:CurrentFinancialInstruments 2024-06-30 14955310 d:CurrentFinancialInstruments d:WithinOneYear 2024-06-30 14955310 d:ShareCapital 2023-06-23 2024-06-30 14955310 d:ShareCapital 2024-06-30 14955310 d:RetainedEarningsAccumulatedLosses 2023-06-23 2024-06-30 14955310 d:RetainedEarningsAccumulatedLosses 2024-06-30 14955310 d:AcceleratedTaxDepreciationDeferredTax 2024-06-30 14955310 d:TaxLossesCarry-forwardsDeferredTax 2024-06-30 14955310 c:FRS102 2023-06-23 2024-06-30 14955310 c:AuditExempt-NoAccountantsReport 2023-06-23 2024-06-30 14955310 c:FullAccounts 2023-06-23 2024-06-30 14955310 c:PrivateLimitedCompanyLtd 2023-06-23 2024-06-30 14955310 2 2023-06-23 2024-06-30 14955310 e:PoundSterling 2023-06-23 2024-06-30 iso4217:GBP xbrli:pure

Registered number: 14955310










SCISSERO LAW LIMITED








UNAUDITED

FINANCIAL STATEMENTS

FOR THE PERIOD ENDED 30 JUNE 2024

 
SCISSERO LAW LIMITED
REGISTERED NUMBER: 14955310

STATEMENT OF FINANCIAL POSITION
AS AT 30 JUNE 2024

2024
Note
£

Fixed assets
  

Tangible assets
 4 
8,384

Current assets
  

Debtors: amounts falling due within one year
 5 
980,786

Cash at bank and in hand
  
2,109,904

  
3,090,690

Creditors: amounts falling due within one year
 6 
(2,567,042)

Net current assets
  
 
 
523,648

Total assets less current liabilities
  
532,032

Provisions for liabilities
  

Deferred tax
  
(1,149)

Net assets
  
 
 
530,883


Capital and reserves
  

Called up share capital 
  
100,000

Profit and loss account
  
430,883

  
530,883


Page 1

 
SCISSERO LAW LIMITED
REGISTERED NUMBER: 14955310
    
STATEMENT OF FINANCIAL POSITION (CONTINUED)
AS AT 30 JUNE 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 period 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 by: 




M Strasser
Director

Date: 20 June 2025

The notes on pages 4 to 9 form part of these financial statements.

Page 2

 
SCISSERO LAW LIMITED
 

STATEMENT OF CHANGES IN EQUITY
FOR THE PERIOD ENDED 30 JUNE 2024


Called up share capital
Profit and loss account
Total equity

£
£
£


Comprehensive income for the period

Profit for the period
-
621,363
621,363


Contributions by and distributions to owners

Retained earnings acquired
-
(190,480)
(190,480)

Shares issued during the period
100,000
-
100,000


At 30 June 2024
100,000
430,883
530,883

The notes on pages 4 to 9 form part of these financial statements.

Page 3

 
SCISSERO LAW LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 30 JUNE 2024

1.


General information

Scissero Law Ltd is a private company limited by shares and incorporated in England and Wales. The address of the registered office and trading address is 25 Cabot Square Level 11, Scissero Law Ltd, London, United Kingdom, E14 4QZ. The principal activity of the company during the period was that of legal services.

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

Debtors

Short-term debtors are measured at transaction price, less any impairment.

 
2.4

Cash and cash equivalents

Cash is represented by cash in hand.

 
2.5

Creditors

Short-term creditors are measured at the transaction price.

 
2.6

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.

Page 4

 
SCISSERO LAW LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 30 JUNE 2024

2.Accounting policies (continued)

 
2.7

Interest income

Interest income is recognised in profit or loss using the effective interest method.

 
2.8

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.

Foreign exchange gains and losses that relate to borrowings and cash and cash equivalents are presented in the Statement of Comprehensive Income within 'finance income or costs'. All other foreign exchange gains and losses are presented in profit or loss within 'other operating income'.

 
2.9

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:

Computer equipment
-
3 years

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 5

 
SCISSERO LAW LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 30 JUNE 2024

2.Accounting policies (continued)

 
2.10

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.

 
2.11

Current and deferred taxation

The tax expense for the period 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.


 
2.12

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.


3.


Employees

The average monthly number of employees, including directors, during the period was 17.

Page 6

 
SCISSERO LAW LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 30 JUNE 2024

4.


Tangible fixed assets





Computer equipment

£



Cost


Additions
11,813



At 30 June 2024

11,813



Depreciation


Charge for the period
3,429



At 30 June 2024

3,429



Net book value



At 30 June 2024
8,384

Page 7

 
SCISSERO LAW LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 30 JUNE 2024

5.


Debtors

2024
£


Trade debtors
619,732

Amounts owed by other participating interests
32,935

Other debtors
74,545

Called up share capital not paid
100,000

Prepayments
153,574

980,786



6.


Creditors: Amounts falling due within one year

2024
£

Trade creditors
624,592

Amounts owed to other participating interests
1,651,152

Corporation tax
230,382

Other taxation and social security
55,496

Other creditors
5,420

2,567,042


Page 8

 
SCISSERO LAW LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 30 JUNE 2024

7.


Deferred taxation



2024


£






Charged to profit or loss
(1,149)



At end of year
(1,149)

The deferred taxation balance is made up as follows:

2024
£


Fixed asset timing differences
(2,096)

Short term timing differences
947

(1,149)


8.


Pension commitments

The Company operates a defined contributions pension scheme. The assets of the scheme are held separately from those of the Company in an independently administered fund. The pension cost charge represents contributions payable by the Company to the fund and amounted to £6,914. Contributions totalling £3,788 were payable to the fund at the Statement of Financial positiondate.


9.


Related party transactions

At the year end £83 was due to Casperaki Multimedia Solutions Ltd, a related party by virtue of having M
Strasser as a common director.
At the year end £210,443 was due to Fincap Law P.C., a related party by virtue of having M Strasser as a common director.
At the year end £1,440,625 was due to Scissero Limited, a related party by virtue of having M Strasser as a common director.
At the year end £32,935 was due from DG Ventures Holdings 2 Limited, a related party by virtue of having M Strasser as a common director.

Page 9