Caseware UK (AP4) 2024.0.164 2024.0.164 2024-06-302024-06-302025-05-26false2023-07-01falseNo description of principal activity11trueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.false 12064031 2023-07-01 2024-06-30 12064031 2022-07-01 2023-06-30 12064031 2024-06-30 12064031 2023-06-30 12064031 c:Director1 2023-07-01 2024-06-30 12064031 d:OfficeEquipment 2023-07-01 2024-06-30 12064031 d:OfficeEquipment 2024-06-30 12064031 d:OfficeEquipment 2023-06-30 12064031 d:OfficeEquipment d:OwnedOrFreeholdAssets 2023-07-01 2024-06-30 12064031 d:ComputerEquipment 2023-07-01 2024-06-30 12064031 d:ComputerEquipment 2024-06-30 12064031 d:ComputerEquipment 2023-06-30 12064031 d:ComputerEquipment d:OwnedOrFreeholdAssets 2023-07-01 2024-06-30 12064031 d:OwnedOrFreeholdAssets 2023-07-01 2024-06-30 12064031 d:PatentsTrademarksLicencesConcessionsSimilar 2024-06-30 12064031 d:PatentsTrademarksLicencesConcessionsSimilar 2023-06-30 12064031 d:CurrentFinancialInstruments 2024-06-30 12064031 d:CurrentFinancialInstruments 2023-06-30 12064031 d:CurrentFinancialInstruments d:WithinOneYear 2024-06-30 12064031 d:CurrentFinancialInstruments d:WithinOneYear 2023-06-30 12064031 d:ShareCapital 2024-06-30 12064031 d:ShareCapital 2023-06-30 12064031 d:RetainedEarningsAccumulatedLosses 2024-06-30 12064031 d:RetainedEarningsAccumulatedLosses 2023-06-30 12064031 c:FRS102 2023-07-01 2024-06-30 12064031 c:AuditExempt-NoAccountantsReport 2023-07-01 2024-06-30 12064031 c:FullAccounts 2023-07-01 2024-06-30 12064031 c:PrivateLimitedCompanyLtd 2023-07-01 2024-06-30 12064031 d:PatentsTrademarksLicencesConcessionsSimilar d:InternallyGeneratedIntangibleAssets 2023-07-01 2024-06-30 12064031 2 2023-07-01 2024-06-30 12064031 6 2023-07-01 2024-06-30 12064031 d:PatentsTrademarksLicencesConcessionsSimilar d:OwnedIntangibleAssets 2023-07-01 2024-06-30 12064031 e:PoundSterling 2023-07-01 2024-06-30 iso4217:GBP xbrli:pure

Registered number: 12064031










EISST INTERNATIONAL LIMITED








UNAUDITED

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 JUNE 2024

 
EISST INTERNATIONAL LIMITED
REGISTERED NUMBER: 12064031

STATEMENT OF FINANCIAL POSITION
AS AT 30 JUNE 2024

2024
2023
Note
£
£

Fixed assets
  

Intangible assets
 4 
15,721
18,682

Tangible assets
 5 
2,568
8,023

Investments
 6 
31,223
31,223

  
49,512
57,928

Current assets
  

Debtors
 7 
16,007
27,511

Cash at bank and in hand
  
817,175
1,462,078

  
833,182
1,489,589

Creditors: amounts falling due within one year
 8 
(273,994)
(369,302)

Net current assets
  
 
 
559,188
 
 
1,120,287

Net assets
  
608,700
1,178,215


Capital and reserves
  

Called up share capital 
  
1
1

Profit and loss account
  
608,699
1,178,214

  
608,700
1,178,215


Page 1

 
EISST INTERNATIONAL LIMITED
REGISTERED NUMBER: 12064031
    
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 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 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 26 May 2025.


................................................
C Ronchi
Director

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

Page 2

 
EISST INTERNATIONAL LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2024

1.


General information

EISST International Limited is a private company, limited by shares, and incorporated in England and Wales. The Company's registered number is 12064031 and registered office address is 10 Queen Street Place, London, United Kingdom, EC4R 1AG. The Company's trading address is 017 Platform, 11 The Boulevard, Crawley, RH10 1DJ.
The Company's principal activity is security software development.

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

Foreign currency translation

Functional and presentation currency

The Company's 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'.

Page 3

 
EISST INTERNATIONAL LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2024

2.Accounting policies (continued)

 
2.3

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:

Sale of goods

Revenue from the sale of goods is recognised when all of the following conditions are satisfied:
the Company has transferred the significant risks and rewards of ownership to the buyer;
the Company retains neither continuing managerial involvement to the degree usually associated with ownership nor effective control over the goods sold;
the amount of revenue can be measured reliably;
it is probable that the Company will receive the consideration due under the transaction; and
the costs incurred or to be incurred in respect of the transaction can be measured reliably.

 
2.4

Research and development

In the research phase of an internal project it is not possible to demonstrate that the project will generate future economic benefits and hence all expenditure on research shall be recognised as an expense when it is incurred. Intangible assets are recognised from the development phase of a project if and only if certain specific criteria are met in order to demonstrate the asset will generate probable future economic benefits and that its cost can be reliably measured. The capitalised development costs are subsequently amortised on a straight-line basis over their useful economic lives, which range from 3 to 6 years.
If it is not possible to distinguish between the research phase and the development phase of an internal project, the expenditure is treated as if it were all incurred in the research phase only.

 
2.5

Interest income

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

 
2.6

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 4

 
EISST INTERNATIONAL LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2024

2.Accounting policies (continued)

 
2.7

Intangible assets

Intangible assets are initially recognised at cost. After recognition, under the cost model, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

All intangible assets are considered to have a finite useful life. If a reliable estimate of the useful life cannot be made, the useful life shall not exceed ten years.

 
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.

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
-
33%
Straight-line method
Computer equipment
-
33%
Straight-line method

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

Valuation of investments

Investments in subsidiaries are measured at cost less accumulated impairment.

 
2.10

Debtors

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

 
2.11

Cash

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours.

 
2.12

Creditors

Short term creditors are measured at the transaction price.


3.


Employees

The average monthly number of employees, including directors, during the year was 1 (2023 - 1).

Page 5

 
EISST INTERNATIONAL LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2024

4.


Intangible assets



Patents

£



Cost


At 1 July 2023
30,734


Additions
125



At 30 June 2024

30,859



Amortisation


At 1 July 2023
12,052


Charge for the year
3,086



At 30 June 2024

15,138



Net book value



At 30 June 2024
15,721



Page 6

 
EISST INTERNATIONAL LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2024

5.


Tangible fixed assets





Office equipment
Computer equipment
Total

£
£
£



Cost


At 1 July 2023
17,291
12,387
29,678



At 30 June 2024

17,291
12,387
29,678



Depreciation


At 1 July 2023
15,965
5,690
21,655


Charge for the year
1,326
4,129
5,455



At 30 June 2024

17,291
9,819
27,110



Net book value



At 30 June 2024
-
2,568
2,568


6.


Fixed asset investments





Investments in subsidiary companies

£



Cost


At 1 July 2023
31,223



At 30 June 2024
31,223

Page 7

 
EISST INTERNATIONAL LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2024

7.


Debtors

2024
2023
£
£

Other debtors
16,007
27,511



8.


Creditors: amounts falling due within one year

2024
2023
£
£

Trade creditors
57,409
32,064

Other taxation and social security
-
2,229

Other creditors
208,235
326,659

Accruals
8,350
8,350

273,994
369,302



9.


Related party transactions

Included within other creditors is £127,787 (2023: £246,789) due to the director of the Company. The loan is interest free and repayable on demand.

Page 8