Caseware UK (AP4) 2024.0.164 2024.0.164 2024-09-302024-09-30false242023-10-01falseNo description of principal activity27falsetrue 10967367 2023-10-01 2024-09-30 10967367 2022-10-01 2023-09-30 10967367 2024-09-30 10967367 2023-09-30 10967367 2022-10-01 10967367 c:Director1 2023-10-01 2024-09-30 10967367 d:Buildings d:ShortLeaseholdAssets 2023-10-01 2024-09-30 10967367 d:Buildings d:ShortLeaseholdAssets 2024-09-30 10967367 d:Buildings d:ShortLeaseholdAssets 2023-09-30 10967367 d:MotorVehicles 2023-10-01 2024-09-30 10967367 d:MotorVehicles 2024-09-30 10967367 d:MotorVehicles 2023-09-30 10967367 d:MotorVehicles d:OwnedOrFreeholdAssets 2023-10-01 2024-09-30 10967367 d:OfficeEquipment 2023-10-01 2024-09-30 10967367 d:OfficeEquipment 2024-09-30 10967367 d:OfficeEquipment 2023-09-30 10967367 d:OfficeEquipment d:OwnedOrFreeholdAssets 2023-10-01 2024-09-30 10967367 d:OwnedOrFreeholdAssets 2023-10-01 2024-09-30 10967367 d:CurrentFinancialInstruments 2024-09-30 10967367 d:CurrentFinancialInstruments 2023-09-30 10967367 d:Non-currentFinancialInstruments 2024-09-30 10967367 d:Non-currentFinancialInstruments 2023-09-30 10967367 d:CurrentFinancialInstruments d:WithinOneYear 2024-09-30 10967367 d:CurrentFinancialInstruments d:WithinOneYear 2023-09-30 10967367 d:Non-currentFinancialInstruments d:AfterOneYear 2024-09-30 10967367 d:Non-currentFinancialInstruments d:AfterOneYear 2023-09-30 10967367 d:ShareCapital 2024-09-30 10967367 d:ShareCapital 2023-09-30 10967367 d:RetainedEarningsAccumulatedLosses 2024-09-30 10967367 d:RetainedEarningsAccumulatedLosses 2023-09-30 10967367 d:FinancialAssetsDesignatedFairValueThroughProfitOrLoss 2024-09-30 10967367 d:FinancialAssetsDesignatedFairValueThroughProfitOrLoss 2023-09-30 10967367 d:AcceleratedTaxDepreciationDeferredTax 2024-09-30 10967367 d:AcceleratedTaxDepreciationDeferredTax 2023-09-30 10967367 c:OrdinaryShareClass1 2023-10-01 2024-09-30 10967367 c:OrdinaryShareClass1 2024-09-30 10967367 c:OrdinaryShareClass1 2023-09-30 10967367 c:FRS102 2023-10-01 2024-09-30 10967367 c:Audited 2023-10-01 2024-09-30 10967367 c:FullAccounts 2023-10-01 2024-09-30 10967367 c:PrivateLimitedCompanyLtd 2023-10-01 2024-09-30 10967367 d:WithinOneYear 2024-09-30 10967367 d:WithinOneYear 2023-09-30 10967367 d:BetweenOneFiveYears 2024-09-30 10967367 d:BetweenOneFiveYears 2023-09-30 10967367 d:HirePurchaseContracts d:WithinOneYear 2024-09-30 10967367 d:HirePurchaseContracts d:WithinOneYear 2023-09-30 10967367 d:HirePurchaseContracts d:BetweenOneFiveYears 2024-09-30 10967367 d:HirePurchaseContracts d:BetweenOneFiveYears 2023-09-30 10967367 c:SmallCompaniesRegimeForAccounts 2023-10-01 2024-09-30 10967367 2 2023-10-01 2024-09-30 10967367 7 2023-10-01 2024-09-30 10967367 e:PoundSterling 2023-10-01 2024-09-30 iso4217:GBP xbrli:shares xbrli:pure
Registered number: 10967367














INVVU CONSTRUCTION CONSULTANTS LTD
FINANCIAL STATEMENTS
INFORMATION FOR FILING WITH THE REGISTRAR
FOR THE YEAR ENDED 30 SEPTEMBER 2024

 
INVVU CONSTRUCTION CONSULTANTS LTD
REGISTERED NUMBER: 10967367

BALANCE SHEET
AS AT 30 SEPTEMBER 2024

2024
2023
Note

Fixed assets
  

Tangible assets
 5 
16,539
24,434

Current assets
  

Debtors: amounts falling due within one year
 6 
438,990
477,005

Cash at bank and in hand
 7 
404,700
342,530

  
843,690
819,535

Creditors: amounts falling due within one year
 8 
(436,013)
(440,479)

Net current assets
  
 
 
407,677
 
 
379,056

Total assets less current liabilities
  
424,216
403,490

Creditors: amounts falling due after more than one year
 9 
-
(6,389)

Provisions for liabilities
  

Deferred tax
  
(1,722)
(5,892)

  
 
 
(1,722)
 
 
(5,892)

Net assets
  
£422,494
£391,209


Capital and reserves
  

Called up share capital 
  
100
100

Profit and loss account
  
422,394
391,109

  
£422,494
£391,209


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: 




___________________________
P S King
Director

Date: 25 June 2025

The notes on pages 2 to 9 form part of these financial statements.
Page 1

 
INVVU CONSTRUCTION CONSULTANTS LTD
 

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

1.


General information

Invvu Construction Consultants Ltd (10967367) is a private company limited by shares incorporated in England and Wales. 
The registered office and principal place of business of the company is The Barn, Otterpool Manor Farm, Otterpool Lane, Sellindge, Kent, TN25 6DB. 

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

Operating leases: the Company as lessee

Rentals paid under operating leases are charged to profit or loss on a straight-line basis over the lease term.

Benefits received and receivable as an incentive to sign an operating lease are recognised on a straight-line basis over the lease term, unless another systematic basis is representative of the time pattern of the lessee's benefit from the use of the leased asset.

 
2.4

Interest income

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

 
2.5

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 2

 
INVVU CONSTRUCTION CONSULTANTS LTD
 

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

2.Accounting policies (continued)

 
2.6

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 Balance sheet. The assets of the plan are held separately from the Company in independently administered funds.

 
2.7

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.


 
2.8

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.

Page 3

 
INVVU CONSTRUCTION CONSULTANTS LTD
 

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

2.Accounting policies (continued)


2.8
Tangible fixed assets (continued)

Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, as detailed below.

Depreciation is provided on the following basis:

Short-term leasehold property
-
over the period of the lease
Motor vehicles
-
20% reducing balance / 33% straight-line
Office equipment
-
20 - 33% straight-line

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.

 
2.9

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.

 
2.10

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.

 
2.11

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.

 
2.12

Holiday pay accrual

A liability is recognised to the extent of any unused holiday pay entitlement which is accrued at the balance sheet date and carried forward to future periods. This is measured at the undiscounted salary cost of the future holiday entitlement so accrued at the balance sheet date.

 
2.13

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.

 
2.14

Financial instruments

The Company has elected to apply the provisions of Section 11 “Basic Financial Instruments” of FRS 102 to all of its financial instruments.
Page 4

 
INVVU CONSTRUCTION CONSULTANTS LTD
 

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

2.Accounting policies (continued)


2.14
Financial instruments (continued)


Financial instruments are recognised in the Company's Balance sheet when the Company becomes party to the contractual provisions of the instrument.

Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

Basic financial assets

Basic financial assets, which include trade and other debtors, cash and bank balances, are initially measured at their transaction price (adjusted for transaction costs except in the initial measurement of financial assets that are subsequently measured at fair value through profit and loss) and are subsequently carried at their amortised cost using the effective interest method, less any provision for impairment, unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest.

Discounting is omitted where the effect of discounting is immaterial. The Company's cash and cash equivalents, trade and most other debtors due with the operating cycle fall into this category of financial instruments.

Impairment of financial assets

At the end of each reporting period financial assets measured at amortised cost are assessed for objective evidence of impairment. If an asset is impaired the impairment loss is the difference between the carrying amount and the present value of the estimated cash flows discounted at the asset’s original effective interest rate. The impairment loss is recognised in profit or loss. 

Financial assets are impaired when events, subsequent to their initial recognition, indicate the estimated future cash flows derived from the financial asset(s) have been adversely impacted. The impairment loss will be the difference between the current carrying amount and the present value of the future cash flows at the asset(s) original effective interest rate.

If there is a favourable change in relation to the events surrounding the impairment loss then the impairment can be reviewed for possible reversal. The reversal will not cause the current carrying amount to exceed the original carrying amount had the impairment not been recognised. The impairment reversal is recognised in the profit or loss.

Financial liabilities

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the Company after the deduction of all its liabilities.

Basic financial liabilities, which include trade and other creditors, bank loans and other loans are initially measured at their transaction price (adjusting for transaction costs except in the initial measurement of financial liabilities that are subsequently measured at fair value through profit and loss). When this constitutes a financing transaction, whereby the debt instrument is measured at the present value of the future payments discounted at a market rate of interest, discounting is omitted where the effect of discounting is immaterial.

Debt instruments are subsequently carried at their amortised cost using the effective interest rate method.

Trade creditors are obligations to pay for goods and services that have been acquired in the ordinary
Page 5

 
INVVU CONSTRUCTION CONSULTANTS LTD
 

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

2.Accounting policies (continued)


2.14
Financial instruments (continued)

course of business from suppliers. Trade creditors are classified as current liabilities if the payment is due within one year. If not, they represent non-current liabilities. Trade creditors are initially recognised at their transaction price and subsequently are measured at amortised cost using the effective interest method. Discounting is omitted where the effect of discounting is immaterial.

Other financial instruments

Derivatives, including forward exchange contracts, futures contracts and interest rate swaps, are not classified as basic financial instruments. These are initially recognised at fair value on the date the derivative contract is entered into, with costs being charged to the profit or loss. They are subsequently measured at fair value with changes in the profit or loss.

Debt instruments that do not meet the conditions as set out in FRS 102 paragraph 11.9 are subsequently measured at fair value through the profit or loss. This recognition and measurement would also apply to financial instruments where the performance is evaluated on a fair value basis as with a documented risk management or investment strategy.

Derecognition of financial assets

Financial assets are derecognised when their contractual right to future cash flow expire, or are settled, or when the Company transfers the asset and substantially all the risks and rewards of ownership to another party. If significant risks and rewards of ownership are retained after the transfer to another party, then the Company will continue to recognise the value of the portion of the risks and rewards retained.

Derecognition of financial liabilities

Financial liabilities are derecognised when the Company's contractual obligations expire or are discharged or cancelled.

 
2.15

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.


Judgments in applying accounting policies and key sources of estimation uncertainty

In the application of the Company's accounting accounting policies, management is required to make judgements estimates and assumptions about the carrying value of assets and liabilities that are not readily apparent from other sources. 
The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to the accounting estimates are recognised in the period in which the estimate is revised if the revisions affects only that period, or periods of revision and future periods if the revision affects both current and future periods.
Contract revenue recognition
As described in note 2.2 to the financial statements. 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. Management base the stage of completion from their knowledge of the individual project and the costs incurred on the project as that stage.  

Page 6

 
INVVU CONSTRUCTION CONSULTANTS LTD
 

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

4.


Employees

The average monthly number of employees, including directors, during the year was 27 (2023 - 24).


5.


Tangible fixed assets





Short-term leasehold property
Motor vehicles
Office equipment
Total



Cost or valuation


At 1 October 2023
53,760
34,712
25,015
113,487



At 30 September 2024

53,760
34,712
25,015
113,487



Depreciation


At 1 October 2023
51,968
19,129
17,956
89,053


Charge for the year on owned assets
1,792
(748)
6,851
7,895



At 30 September 2024

53,760
18,381
24,807
96,948



Net book value



At 30 September 2024
£-
£16,331
£208
£16,539



At 30 September 2023
£1,792
£15,583
£7,059
£24,434


6.


Debtors

2024
2023


Trade debtors
346,103
445,686

Other debtors
9,300
4,542

Prepayments and accrued income
22,661
23,323

Amounts recoverable on long-term contracts
10,518
3,454

Tax recoverable
50,408
-

£438,990
£477,005



7.


Cash and cash equivalents

2024
2023

Cash at bank and in hand
£404,700
£342,530


Page 7

 
INVVU CONSTRUCTION CONSULTANTS LTD
 

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

8.


Creditors: Amounts falling due within one year

2024
2023

Trade creditors
147,843
109,361

Corporation tax
-
30,351

Other taxation and social security
109,957
143,900

Obligations under finance lease and hire purchase contracts
6,389
8,037

Other creditors
12,575
7,743

Accruals and deferred income
159,249
141,087

£436,013
£440,479



9.


Creditors: Amounts falling due after more than one year

2024
2023

Net obligations under finance leases and hire purchase contracts
£-
£6,389



10.


Hire purchase and finance leases


Minimum lease payments under hire purchase fall due as follows:

2024
2023


Within one year
6,389
8,037

Between 1-5 years
-
6,389

£6,389
£14,426


11.


Financial instruments

2024
2023

Financial assets


Financial assets measured at fair value through profit or loss
£404,700
£342,530




Financial assets measured at fair value through profit or loss comprise bank and cash balances.
Page 8

 
INVVU CONSTRUCTION CONSULTANTS LTD
 

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

12.


Deferred taxation




2024
2023





At beginning of year
(5,892)
(11,535)


Charged to profit or loss
4,170
5,643



At end of year
£(1,722)
£(5,892)

The provision for deferred taxation is made up as follows:

2024
2023


Accelerated capital allowances
£1,722
£5,892


13.


Share capital

2024
2023
Allotted, called up and fully paid



100 (2023 - 100) Ordinary shares of £1.00 each
£100
£100



14.


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 £29,692 (2023 - £20,695). Contributions totalling £4,460 (2023 - £24,247)  were payable to the fund at the balance sheet date and are included in creditors.


15.


Commitments under operating leases

At 30 September 2024 the Company had future minimum lease payments due under non-cancellable operating leases for each of the following periods:

As restated
2024
2023


Not later than 1 year
55,345
25,937

Later than 1 year and not later than 5 years
£5,871
£24,091


16.


Auditors' information

The auditors' report on the financial statements for the year ended 30 September 2024 was unqualified.

The audit report was signed on 25 June 2025 by Mr Joshua Conlon FCCA (Senior statutory auditor) on behalf of Magee Gammon Corporate Limited.


Page 9