Caseware UK (AP4) 2024.0.164 2024.0.164 2025-03-312025-03-31true2024-04-01falseNo description of principal activity55falseThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.false 06522867 2024-04-01 2025-03-31 06522867 2023-04-01 2024-03-31 06522867 2025-03-31 06522867 2024-03-31 06522867 c:Director2 2024-04-01 2025-03-31 06522867 d:FurnitureFittings 2024-04-01 2025-03-31 06522867 d:FurnitureFittings 2025-03-31 06522867 d:FurnitureFittings 2024-03-31 06522867 d:FurnitureFittings d:OwnedOrFreeholdAssets 2024-04-01 2025-03-31 06522867 d:FurnitureFittings d:LeasedAssetsHeldAsLessee 2024-04-01 2025-03-31 06522867 d:ComputerEquipment 2024-04-01 2025-03-31 06522867 d:ComputerEquipment 2025-03-31 06522867 d:ComputerEquipment 2024-03-31 06522867 d:ComputerEquipment d:OwnedOrFreeholdAssets 2024-04-01 2025-03-31 06522867 d:ComputerEquipment d:LeasedAssetsHeldAsLessee 2024-04-01 2025-03-31 06522867 d:OwnedOrFreeholdAssets 2024-04-01 2025-03-31 06522867 d:LeasedAssetsHeldAsLessee 2024-04-01 2025-03-31 06522867 d:CurrentFinancialInstruments 2025-03-31 06522867 d:CurrentFinancialInstruments 2024-03-31 06522867 d:Non-currentFinancialInstruments 2025-03-31 06522867 d:Non-currentFinancialInstruments 2024-03-31 06522867 d:AcceleratedTaxDepreciationDeferredTax 2025-03-31 06522867 d:AcceleratedTaxDepreciationDeferredTax 2024-03-31 06522867 c:FRS102 2024-04-01 2025-03-31 06522867 c:AuditExempt-NoAccountantsReport 2024-04-01 2025-03-31 06522867 c:FullAccounts 2024-04-01 2025-03-31 06522867 c:PrivateLimitedCompanyLtd 2024-04-01 2025-03-31 06522867 2 2024-04-01 2025-03-31 06522867 e:PoundSterling 2024-04-01 2025-03-31 iso4217:GBP xbrli:pure

Registered number: 06522867









SUREFIRE MEDIA LTD







UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 31 MARCH 2025

 
SUREFIRE MEDIA LTD
REGISTERED NUMBER: 06522867

BALANCE SHEET
AS AT 31 MARCH 2025

2025
2024
Note
£
£

  

Fixed assets
  

Tangible assets
 4 
2,200
2,660

  
2,200
2,660

Current assets
  

Debtors: amounts falling due within one year
 5 
57,582
64,986

Cash at bank and in hand
 6 
61,266
33,347

  
118,848
98,333

Creditors: amounts falling due within one year
 7 
(80,949)
(56,339)

Net current assets
  
 
 
37,899
 
 
41,994

Total assets less current liabilities
  
40,099
44,654

  

Creditors: amounts falling due after more than one year
 8 
(1,568)
(11,768)

  
38,531
32,886

Provisions for liabilities
  

Deferred taxation
 9 
(418)
(666)

  
 
 
(418)
 
 
(666)

  

Net assets excluding pension asset
  
38,113
32,220

Net assets
  
38,113
32,220


Capital and reserves
  

Called up share capital 
  
100
100

Profit and loss account
  
38,013
32,120

  
38,113
32,220


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 Company's financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

 
SUREFIRE MEDIA LTD
REGISTERED NUMBER: 06522867
    
BALANCE SHEET (CONTINUED)
AS AT 31 MARCH 2025


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: 




Daniel Joseph Lindop
Director

Date: 11 June 2025

The notes on page 2 form part of these financial statements.


 
SUREFIRE MEDIA LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025

1.


General information

The principal activity of the company continued to be that of website design and 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 Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006.

The preparation of financial statements in compliance with FRS 102 requires the use of certain critical accounting estimates. It also requires management to exercise judgment in applying the Company's accounting policies.

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.


 
SUREFIRE MEDIA LTD
 
 
 
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

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.


 
SUREFIRE MEDIA LTD
 
 
 
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, on a reducing balance basis.

Depreciation is provided on the following basis:

Fixtures and fittings
-
15%
Reducing Balance
Computer equipment
-
25%
Reducing Balance

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

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.

 
2.13

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.


 
SUREFIRE MEDIA LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025

3.


Employees

The average monthly number of employees, including the directors, during the year was as follows:


        2025
        2024
            No.
            No.







Employees
5
5


4.


Tangible fixed assets





Fixtures and fittings
Computer equipment
Total

£
£
£



Cost or valuation


At 1 April 2024
5,171
19,379
24,550


Additions
-
161
161



At 31 March 2025

5,171
19,540
24,711



Depreciation


At 1 April 2024
4,330
17,559
21,889


Charge for the year on owned assets
126
-
126


Charge for the year on financed assets
-
496
496



At 31 March 2025

4,456
18,055
22,511



Net book value



At 31 March 2025
715
1,485
2,200



At 31 March 2024
841
1,819
2,660


5.


Debtors

2025
2024
£
£


Trade debtors
33,686
37,226

Other debtors
23,896
27,760

57,582
64,986



 
SUREFIRE MEDIA LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025

6.


Cash and cash equivalents

2025
2024
£
£

Cash at bank and in hand
61,266
33,347

Less: bank overdrafts
-
(1,114)

61,266
32,233



7.


Creditors: Amounts falling due within one year

2025
2024
£
£

Bank overdrafts
-
1,114

Bank loans
10,648
10,648

Corporation tax
28,467
23,848

Other taxation and social security
13,093
7,275

Other creditors
1,497
1,906

Accruals and deferred income
27,244
11,548

80,949
56,339



8.


Creditors: Amounts falling due after more than one year

2025
2024
£
£

Other loans
1,568
11,768

1,568
11,768



9.


Deferred taxation




2025


£






At beginning of year
(666)


Charged to profit or loss
248



At end of year
(418)

Page 1

 
SUREFIRE MEDIA LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025
 
9.Deferred taxation (continued)

The provision for deferred taxation is made up as follows:

2025
2024
£
£


Accelerated capital allowances
(418)
(666)

(418)
(666)

 
Page 2