Caseware UK (AP4) 2023.0.135 2023.0.135 2024-09-302024-09-302023-10-01falseNo description of principal activity11truetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.false 12903705 2023-10-01 2024-09-30 12903705 2022-10-01 2023-09-30 12903705 2024-09-30 12903705 2023-09-30 12903705 2022-10-01 12903705 c:Director1 2023-10-01 2024-09-30 12903705 d:ComputerEquipment 2023-10-01 2024-09-30 12903705 d:ComputerEquipment 2024-09-30 12903705 d:ComputerEquipment 2023-09-30 12903705 d:ComputerEquipment d:OwnedOrFreeholdAssets 2023-10-01 2024-09-30 12903705 d:CurrentFinancialInstruments 2024-09-30 12903705 d:CurrentFinancialInstruments 2023-09-30 12903705 d:CurrentFinancialInstruments d:WithinOneYear 2024-09-30 12903705 d:CurrentFinancialInstruments d:WithinOneYear 2023-09-30 12903705 d:ShareCapital 2023-10-01 2024-09-30 12903705 d:ShareCapital 2024-09-30 12903705 d:ShareCapital 2022-10-01 2023-09-30 12903705 d:ShareCapital 2023-09-30 12903705 d:ShareCapital 2022-10-01 12903705 d:RetainedEarningsAccumulatedLosses 2023-10-01 2024-09-30 12903705 d:RetainedEarningsAccumulatedLosses 2024-09-30 12903705 d:RetainedEarningsAccumulatedLosses 2022-10-01 2023-09-30 12903705 d:RetainedEarningsAccumulatedLosses 2023-09-30 12903705 d:RetainedEarningsAccumulatedLosses 2022-10-01 12903705 c:FRS102 2023-10-01 2024-09-30 12903705 c:AuditExempt-NoAccountantsReport 2023-10-01 2024-09-30 12903705 c:FullAccounts 2023-10-01 2024-09-30 12903705 c:PrivateLimitedCompanyLtd 2023-10-01 2024-09-30 12903705 2 2023-10-01 2024-09-30 12903705 e:PoundSterling 2023-10-01 2024-09-30 iso4217:GBP xbrli:pure
Registered number: 12903705








 
FS EXPERT GROUP LTD
UNAUDITED
FINANCIAL STATEMENTS
INFORMATION FOR FILING WITH THE REGISTRAR
FOR THE YEAR ENDED 30 SEPTEMBER 2024







Fletcher & Partners
Chartered Accountants
Salisbury

 
FS EXPERT GROUP LTD
REGISTERED NUMBER: 12903705

BALANCE SHEET
AS AT 30 SEPTEMBER 2024

2024
2023
Note
£
£

Fixed assets
  

Tangible assets
 4 
1,599
-

  
1,599
-

Current assets
  

Debtors: amounts falling due within one year
 5 
14,973
69,906

Cash at bank and in hand
 6 
20,451
84,397

  
35,424
154,303

Creditors: amounts falling due within one year
 7 
(10,592)
(69,757)

Net current assets
  
 
 
24,832
 
 
84,546

Total assets less current liabilities
  
26,431
84,546

  

Net assets
  
26,431
84,546


Capital and reserves
  

Called up share capital 
  
1,000
1,000

Profit and loss account
  
25,431
83,546

  
26,431
84,546


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 by: 




Oliver Lodge
Director

Date: 27 June 2025

Page 1

 
FS EXPERT GROUP LTD
REGISTERED NUMBER: 12903705

BALANCE SHEET (CONTINUED)
AS AT 30 SEPTEMBER 2024

The notes on pages 4 to 7 form part of these financial statements.

Page 2

 
FS EXPERT GROUP LTD
 

STATEMENT OF CHANGES IN EQUITY
FOR THE YEAR ENDED 30 SEPTEMBER 2024


Called up share capital
Profit and loss account
Total equity

£
£
£

At 1 October 2023
1,000
83,546
84,546


Comprehensive income for the year

Loss for the year

-
(48,115)
(48,115)


Other comprehensive income for the year
-
-
-


Total comprehensive income for the year
-
(48,115)
(48,115)


Contributions by and distributions to owners

Dividends: Equity capital
-
(10,000)
(10,000)


Total transactions with owners
-
(10,000)
(10,000)


At 30 September 2024
1,000
25,431
26,431


The notes on pages 4 to 7 form part of these financial statements.


STATEMENT OF CHANGES IN EQUITY
FOR THE YEAR ENDED 30 SEPTEMBER 2023


Called up share capital
Profit and loss account
Total equity

£
£
£

At 1 October 2022
1,000
27,777
28,777


Comprehensive income for the year

Profit for the year

-
55,769
55,769


Other comprehensive income for the year
-
-
-


Total comprehensive income for the year
-
55,769
55,769


Total transactions with owners
-
-
-


At 30 September 2023
1,000
83,546
84,546


The notes on pages 4 to 7 form part of these financial statements.

Page 3

 
FS EXPERT GROUP LTD
 

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

1.


General information

FS Expert Group Ltd is a private company limited by shares, incorporated in England and Wales with the registered number 12903705. Its registered office is 2 Nimrod Road, London, SW16 6SY.

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

Interest income

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

 
2.4

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.

Page 4

 
FS EXPERT GROUP LTD
 

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

2.Accounting policies (continued)

 
2.5

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.


 
2.6

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, using the straight-line method.

Depreciation is provided on the following basis:

Computer equipment
-
25%
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

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.

 
2.8

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.

 
2.9

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.

  
2.10

Financial instruments

The Company only enters into basic financial instrument transactions that result in the recognition of financial assets and liabilities like trade and other debtors and creditors, loans from banks and third parties, loans to related parties and investments in ordinary shares.

Page 5

 
FS EXPERT GROUP LTD
 

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

2.Accounting policies (continued)

 
2.11

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.


Employees

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


4.


Tangible fixed assets





Computer equipment

£



Cost or valuation


Additions
2,132



At 30 September 2024

2,132



Depreciation


Charge for the year on owned assets
533



At 30 September 2024

533



Net book value



At 30 September 2024
1,599



At 30 September 2023
-


5.


Debtors

2024
2023
£
£


Trade debtors
-
65,486

Other debtors
14,448
4,192

Prepayments and accrued income
525
228

14,973
69,906


Page 6

 
FS EXPERT GROUP LTD
 

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

6.


Cash and cash equivalents

2024
2023
£
£

Cash at bank and in hand
20,451
84,397

20,451
84,397



7.


Creditors: Amounts falling due within one year

2024
2023
£
£

Trade creditors
25
-

Corporation tax
-
14,050

Other taxation and social security
1,043
31,447

Other creditors
1,338
1,711

Accruals and deferred income
8,186
22,549

10,592
69,757



8.


Pension commitments


9.


Related party transactions

The majority shareholder of FS Expert Group Ltd is Owl Regulatory Consulting Limited (95%), which is owned 67% by Mr O Lodge. At the start of the year, Owl Regulatory Consulting Limited owed FS Expert Group Ltd £3,827 and at the end of the year they owed £2,333.


Page 7