Caseware UK (AP4) 2024.0.164 2024.0.164 2025-03-312025-03-31false2024-04-01No description of principal activity33falsetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.false 11271698 2024-04-01 2025-03-31 11271698 2023-04-01 2024-03-31 11271698 2025-03-31 11271698 2024-03-31 11271698 c:Director1 2024-04-01 2025-03-31 11271698 d:MotorVehicles 2024-04-01 2025-03-31 11271698 d:MotorVehicles 2025-03-31 11271698 d:MotorVehicles 2024-03-31 11271698 d:MotorVehicles d:OwnedOrFreeholdAssets 2024-04-01 2025-03-31 11271698 d:OfficeEquipment 2024-04-01 2025-03-31 11271698 d:OfficeEquipment 2025-03-31 11271698 d:OfficeEquipment 2024-03-31 11271698 d:OfficeEquipment d:OwnedOrFreeholdAssets 2024-04-01 2025-03-31 11271698 d:OwnedOrFreeholdAssets 2024-04-01 2025-03-31 11271698 d:CurrentFinancialInstruments 2025-03-31 11271698 d:CurrentFinancialInstruments 2024-03-31 11271698 d:Non-currentFinancialInstruments 2025-03-31 11271698 d:Non-currentFinancialInstruments 2024-03-31 11271698 d:CurrentFinancialInstruments d:WithinOneYear 2025-03-31 11271698 d:CurrentFinancialInstruments d:WithinOneYear 2024-03-31 11271698 d:Non-currentFinancialInstruments d:AfterOneYear 2025-03-31 11271698 d:Non-currentFinancialInstruments d:AfterOneYear 2024-03-31 11271698 d:Non-currentFinancialInstruments d:BetweenTwoFiveYears 2025-03-31 11271698 d:Non-currentFinancialInstruments d:BetweenTwoFiveYears 2024-03-31 11271698 d:ShareCapital 2025-03-31 11271698 d:ShareCapital 2024-03-31 11271698 d:RetainedEarningsAccumulatedLosses 2025-03-31 11271698 d:RetainedEarningsAccumulatedLosses 2024-03-31 11271698 c:FRS102 2024-04-01 2025-03-31 11271698 c:AuditExempt-NoAccountantsReport 2024-04-01 2025-03-31 11271698 c:FullAccounts 2024-04-01 2025-03-31 11271698 c:PrivateLimitedCompanyLtd 2024-04-01 2025-03-31 11271698 2 2024-04-01 2025-03-31 11271698 d:MotorVehicles d:LeasedAssetsHeldAsLessee 2025-03-31 11271698 d:MotorVehicles d:LeasedAssetsHeldAsLessee 2024-03-31 11271698 d:LeasedAssetsHeldAsLessee 2025-03-31 11271698 d:LeasedAssetsHeldAsLessee 2024-03-31 11271698 e:PoundSterling 2024-04-01 2025-03-31 iso4217:GBP xbrli:pure

Registered number: 11271698









INHOME MEDIA SOLUTIONS LIMITED







UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 31 MARCH 2025

 
INHOME MEDIA SOLUTIONS LIMITED
REGISTERED NUMBER: 11271698

BALANCE SHEET
AS AT 31 MARCH 2025

2025
2024
Note
£
£

Fixed assets
  

Tangible assets
 4 
5,203
11,570

  
5,203
11,570

Current assets
  

Stocks
  
4,332
1,874

Debtors: amounts falling due within one year
 5 
9,057
5,272

Cash at bank and in hand
 6 
14,547
4,378

  
27,936
11,524

Creditors: amounts falling due within one year
 7 
(23,084)
(17,760)

Net current assets/(liabilities)
  
 
 
4,852
 
 
(6,236)

Total assets less current liabilities
  
10,055
5,334

Creditors: amounts falling due after more than one year
 8 
(1,211)
(5,051)

  

Net assets
  
8,844
283


Capital and reserves
  

Called up share capital 
  
1
1

Profit and loss account
  
8,843
282

  
8,844
283


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: 

Page 1

 
INHOME MEDIA SOLUTIONS LIMITED
REGISTERED NUMBER: 11271698
    
BALANCE SHEET (CONTINUED)
AS AT 31 MARCH 2025






Jamie Street
Director

Date: 25 June 2025

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

Page 2

 
INHOME MEDIA SOLUTIONS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025

1.


General information

Inhome Media Solutions Limited (company number 11271698) is a private company limited by shares, registered in England and Wales.  Its registered office is at Bushbury House, 435 Wilmslow Road, Withington, Manchester, M20 4AF.

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:

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.

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

Interest income

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

Page 3

 
INHOME MEDIA SOLUTIONS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025

2.Accounting policies (continued)

 
2.4

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.

 
2.5

Borrowing costs

All borrowing costs are recognised in profit or loss in the year in which they are incurred.

 
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

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 balance sheet date in the countries where the Company operates and generates income.


 
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 4

 
INHOME MEDIA SOLUTIONS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025

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, .

Depreciation is provided on the following basis:

Motor vehicles
-
25%
Reducing balance
Office equipment
-
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

Stocks

Stocks are stated at the lower of cost and net realisable value, being the estimated selling price less costs to complete and sell. Cost is based on the cost of purchase on a first in, first out basis. Work in progress and finished goods include labour and attributable overheads.

At each balance sheet date, stocks are assessed for impairment. If stock is impaired, the carrying amount is reduced to its selling price less costs to complete and sell. The impairment loss is recognised immediately in profit or loss.

 
2.10

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.

 
2.11

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.

 
2.12

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.

 
2.13

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.

Page 5

 
INHOME MEDIA SOLUTIONS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025

3.


Employees

The average monthly number of employees, including directors, during the year was 3 (2024 - 3).


4.


Tangible fixed assets





Motor vehicles
Office equipment
Total

£
£
£



Cost or valuation


At 1 April 2024
36,570
1,659
38,229


Additions
-
598
598


Disposals
(16,320)
-
(16,320)



At 31 March 2025

20,250
2,257
22,507



Depreciation


At 1 April 2024
24,998
1,661
26,659


Charge for the year on owned assets
1,602
199
1,801


Disposals
(11,156)
-
(11,156)



At 31 March 2025

15,444
1,860
17,304



Net book value



At 31 March 2025
4,806
397
5,203



At 31 March 2024
11,572
(2)
11,570

The net book value of assets held under finance leases or hire purchase contracts, included above, are as follows:


2025
2024
£
£



Motor vehicles
4,806
3,250

4,806
3,250


5.


Debtors

2025
2024
£
£

Page 6

 
INHOME MEDIA SOLUTIONS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025

5.Debtors (continued)


Trade debtors
8,997
5,198

Prepayments and accrued income
60
74

9,057
5,272



6.


Cash and cash equivalents

2025
2024
£
£

Cash at bank and in hand
14,547
4,378

14,547
4,378



7.


Creditors: Amounts falling due within one year

2025
2024
£
£

Bank loans
4,000
4,000

Corporation tax
7,548
2,675

Other taxation and social security
5,757
6,472

Obligations under finance lease and hire purchase contracts
-
3,250

Other creditors
4,319
55

Accruals and deferred income
1,460
1,308

23,084
17,760



8.


Creditors: Amounts falling due after more than one year

2025
2024
£
£

Bank loans
1,211
5,051

1,211
5,051


Page 7

 
INHOME MEDIA SOLUTIONS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025

9.


Loans


Analysis of the maturity of loans is given below:


2025
2024
£
£

Amounts falling due within one year

Bank loans
4,000
4,000


4,000
4,000


Amounts falling due 2-5 years

Bank loans
1,211
5,051


1,211
5,051


5,211
9,051


Included in bank loans after more than one year is an unsecured bounce back loan. Interest is charged at a rate of 2.5% per annum and is fully backed by the UK government under the BBLS rules. 


10.


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 £3,734 (2024: £3,301). Contributions totalling £NIL (2024: £NIL) were payable to the fund at the balance sheet date and are included in creditors.


11.


Related party transactions

At 31 March 2025 company owed £4,319 (2024: £55) to the director. No interest has been charged to the company in respect of this loan which is repayable on demand and classified in creditors due within one year.

 
Page 8