Caseware UK (AP4) 2024.0.164 2024.0.164 2024-09-302024-09-302023-10-0112truefalseNo description of principal activity12falseThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.false SC433298 2023-10-01 2024-09-30 SC433298 2022-10-01 2023-09-30 SC433298 2024-09-30 SC433298 2023-09-30 SC433298 c:Director1 2023-10-01 2024-09-30 SC433298 c:Director2 2023-10-01 2024-09-30 SC433298 c:RegisteredOffice 2023-10-01 2024-09-30 SC433298 d:Buildings 2023-10-01 2024-09-30 SC433298 d:Buildings 2024-09-30 SC433298 d:Buildings 2023-09-30 SC433298 d:Buildings d:OwnedOrFreeholdAssets 2023-10-01 2024-09-30 SC433298 d:FurnitureFittings 2023-10-01 2024-09-30 SC433298 d:FurnitureFittings 2024-09-30 SC433298 d:FurnitureFittings 2023-09-30 SC433298 d:FurnitureFittings d:OwnedOrFreeholdAssets 2023-10-01 2024-09-30 SC433298 d:ComputerEquipment 2023-10-01 2024-09-30 SC433298 d:ComputerEquipment 2024-09-30 SC433298 d:ComputerEquipment 2023-09-30 SC433298 d:ComputerEquipment d:OwnedOrFreeholdAssets 2023-10-01 2024-09-30 SC433298 d:OwnedOrFreeholdAssets 2023-10-01 2024-09-30 SC433298 d:Goodwill 2023-10-01 2024-09-30 SC433298 d:Goodwill 2024-09-30 SC433298 d:Goodwill 2023-09-30 SC433298 d:FreeholdInvestmentProperty 2024-09-30 SC433298 d:FreeholdInvestmentProperty 2023-09-30 SC433298 d:CurrentFinancialInstruments 2024-09-30 SC433298 d:CurrentFinancialInstruments 2023-09-30 SC433298 d:Non-currentFinancialInstruments 2024-09-30 SC433298 d:Non-currentFinancialInstruments 2023-09-30 SC433298 d:CurrentFinancialInstruments d:WithinOneYear 2024-09-30 SC433298 d:CurrentFinancialInstruments d:WithinOneYear 2023-09-30 SC433298 d:Non-currentFinancialInstruments d:AfterOneYear 2024-09-30 SC433298 d:Non-currentFinancialInstruments d:AfterOneYear 2023-09-30 SC433298 d:ShareCapital 2024-09-30 SC433298 d:ShareCapital 2023-09-30 SC433298 d:RetainedEarningsAccumulatedLosses 2024-09-30 SC433298 d:RetainedEarningsAccumulatedLosses 2023-09-30 SC433298 c:OrdinaryShareClass1 2023-10-01 2024-09-30 SC433298 c:OrdinaryShareClass1 2024-09-30 SC433298 c:OrdinaryShareClass1 2023-09-30 SC433298 c:FRS102 2023-10-01 2024-09-30 SC433298 c:AuditExemptWithAccountantsReport 2023-10-01 2024-09-30 SC433298 c:FullAccounts 2023-10-01 2024-09-30 SC433298 c:PrivateLimitedCompanyLtd 2023-10-01 2024-09-30 SC433298 e:PoundSterling 2023-10-01 2024-09-30 xbrli:shares iso4217:GBP xbrli:pure
Registered number: SC433298










MAROCO LIMITED
FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2024

 
MAROCO LIMITED
 

COMPANY INFORMATION


Directors
Amanda Wiewiorka 
Alfred Wiewiorka 




Registered number
SC433298



Registered office
14 City Quay

Dundee

DD1 3JA




Accountants
EQ Accountants Limited
Chartered Accountants

14 City Quay

Dundee

DD1 3JA





 
MAROCO LIMITED
 
  
REPORT TO THE DIRECTORS ON THE PREPARATION OF THE UNAUDITED STATUTORY FINANCIAL STATEMENTS OF MAROCO LIMITED
FOR THE YEAR ENDED 30 SEPTEMBER 2024

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Maroco Limited for the year ended 30 September 2024 which comprise  the Statement of financial position and the related notes from the Company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants of Scotlandwe are subject to its ethical and other professional requirements which are detailed at https://icas.com/icas -framework-preparation -of-accounts.

This report is made solely to the Board of directors of Maroco Limited, as a body, in accordance with the terms of our engagement letter dated 13 March 2024Our work has been undertaken solely to prepare for your approval the financial statements of Maroco Limited and state those matters that we have agreed to state to the Board of directors of Maroco Limited, as a body, in this report in accordance with the requirements of the Institute of Chartered Accountants of Scotland as detailed at https://icas.com/icas -framework-preparation -of-accounts. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Maroco Limited and its Board of directors, as a body, for our work or for this report. 

It is your duty to ensure that Maroco Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Maroco Limited. You consider that Maroco Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or review of the financial statements of Maroco Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.

  



EQ Accountants Limited
 
Chartered Accountants
  
14 City Quay
Dundee
DD1 3JA
26 June 2025
Page 1

 
MAROCO LIMITED
REGISTERED NUMBER: SC433298

STATEMENT OF FINANCIAL POSITION
AS AT 30 SEPTEMBER 2024

2024
2023
£
£

Fixed assets
  

Tangible assets
 5 
45,517
45,700

Investment property
 6 
938,512
938,512

  
984,029
984,212

Current assets
  

Debtors: amounts falling due within one year
 7 
132,088
102,781

Cash at bank and in hand
  
8,811
26,917

  
140,899
129,698

Creditors: amounts falling due within one year
 8 
(271,465)
(279,747)

Net current liabilities
  
 
 
(130,566)
 
 
(150,049)

Total assets less current liabilities
  
853,463
834,163

Creditors: Amounts Falling Due After More Than One Year
 9 
(456,973)
(498,503)

Provisions for liabilities
  

Deferred tax
  
(1,437)
(107)

  
 
 
(1,437)
 
 
(107)

Net assets
  
395,053
335,553


Capital and reserves
  

Called up share capital 
 10 
100
100

Profit and loss account
  
394,953
335,453

  
395,053
335,553


Page 2

 
MAROCO LIMITED
REGISTERED NUMBER: SC433298

STATEMENT OF FINANCIAL POSITION (CONTINUED)
AS AT 30 SEPTEMBER 2024

The directors consider 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 directors acknowledge their 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 on 26 June 2025.




Amanda Wiewiorka
Director

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

Page 3

 
MAROCO LIMITED
 

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

1.


General information

Maroco Limited is a private company, limited by shares, domiciled in Scotland with registration number SC433298. The registered office is 14 City Quay, Dundee, DD1 3JA. The trading address is 38-40 East High Street, Forfar, Angus, DD8 2EG. 
The financial statements are presented in Sterling which is the functional currency of the Company and
rounded to the nearest £.

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

Turnover

Turnover is recognised to the extent that it is probable that the economic benefits will flow to the Company and the turnover can be reliably measured. Turnover 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 turnover is recognised:

Rendering of services

Turnover 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 turnover 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

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.

Page 4

 
MAROCO LIMITED
 

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

2.Accounting policies (continued)

 
2.4

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 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.


Page 5

 
MAROCO LIMITED
 

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

2.Accounting policies (continued)

 
2.5

Intangible assets

Goodwill

Goodwill represents the difference between amounts paid on the cost of a business combination and the acquirer’s interest in the fair value of its identifiable assets and liabilities of the acquiree at the date of acquisition. Subsequent to initial recognition, goodwill is measured at cost less accumulated amortisation and accumulated impairment losses. Goodwill is amortised on a straight-line basis to the Statement of income and retained earnings over its useful economic life.

Other 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.

 The estimated useful lives range as follows:

Goodwill
-
10
years

 
2.6

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, .

Depreciation is provided on the following bases:

Freehold property
-
not depreciated
Fixtures and fittings
-
0% and 33% straight line
Computer 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.

 
2.7

Investment property

Investment property is carried at fair value determined annually by the directors and derived from the current market rents and investment property yields for comparable real estate, adjusted if necessary for any difference in the nature, location or condition of the specific asset. No depreciation is provided. Changes in fair value are recognised in profit or loss.

Page 6

 
MAROCO LIMITED
 

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

3.


Employees

The average monthly number of employees, including directors, during the year was 12 (2023 - 12).


4.


Intangible assets




Goodwill

£



Cost


At 1 October 2023
522,568



At 30 September 2024

522,568



Amortisation


At 1 October 2023
522,568



At 30 September 2024

522,568



Net book value



At 30 September 2024
-



At 30 September 2023
-



Page 7

 
MAROCO LIMITED
 

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

5.


Tangible fixed assets





Freehold property
Fixtures and fittings
Computer equipment
Total

£
£
£
£



Cost or valuation


At 1 October 2023
39,771
7,471
10,272
57,514


Additions
-
223
60
283



At 30 September 2024

39,771
7,694
10,332
57,797



Depreciation


At 1 October 2023
-
1,970
9,844
11,814


Charge for the year on owned assets
-
45
421
466



At 30 September 2024

-
2,015
10,265
12,280



Net book value



At 30 September 2024
39,771
5,679
67
45,517



At 30 September 2023
39,771
5,501
428
45,700


6.


Investment property


Freehold investment property

£



Valuation


At 1 October 2023
938,512



At 30 September 2024
938,512

The 2024 valuations were made by the directors, on an open market value for existing use basis.




Page 8

 
MAROCO LIMITED
 

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

7.


Debtors

2024
2023
£
£


Other debtors
121,122
98,659

Prepayments and accrued income
10,966
4,122

132,088
102,781



8.


Creditors: Amounts falling due within one year

2024
2023
£
£

Bank overdrafts
13,170
76

Bank loans
71,323
71,323

Trade creditors
23,656
7,854

Other taxation and social security
42,900
33,763

Other creditors
115,316
160,974

Accruals and deferred income
5,100
5,757

271,465
279,747



9.


Creditors: Amounts falling due after more than one year

2024
2023
£
£

Bank loans
456,973
498,503

456,973
498,503



10.


Share capital

2024
2023
£
£
Allotted, called up and fully paid



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



Page 9