Caseware UK (AP4) 2023.0.135 2023.0.135 2024-09-302024-09-30true15false2023-10-01The principal activity of the company during the year of continued to be the production of a marketing database software tool.16trueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.false 04531382 2023-10-01 2024-09-30 04531382 2022-10-01 2023-09-30 04531382 2024-09-30 04531382 2023-09-30 04531382 c:CompanySecretary1 2023-10-01 2024-09-30 04531382 c:Director1 2023-10-01 2024-09-30 04531382 c:Director2 2023-10-01 2024-09-30 04531382 c:Director3 2023-10-01 2024-09-30 04531382 c:Director5 2023-10-01 2024-09-30 04531382 c:Director5 2024-09-30 04531382 c:Director6 2023-10-01 2024-09-30 04531382 c:RegisteredOffice 2023-10-01 2024-09-30 04531382 d:PlantMachinery 2023-10-01 2024-09-30 04531382 d:FurnitureFittings 2023-10-01 2024-09-30 04531382 d:FurnitureFittings 2024-09-30 04531382 d:FurnitureFittings 2023-09-30 04531382 d:FurnitureFittings d:OwnedOrFreeholdAssets 2023-10-01 2024-09-30 04531382 d:OfficeEquipment 2023-10-01 2024-09-30 04531382 d:OfficeEquipment 2024-09-30 04531382 d:OfficeEquipment 2023-09-30 04531382 d:OfficeEquipment d:OwnedOrFreeholdAssets 2023-10-01 2024-09-30 04531382 d:OwnedOrFreeholdAssets 2023-10-01 2024-09-30 04531382 d:CurrentFinancialInstruments 2024-09-30 04531382 d:CurrentFinancialInstruments 2023-09-30 04531382 d:Non-currentFinancialInstruments 2024-09-30 04531382 d:Non-currentFinancialInstruments 2023-09-30 04531382 d:CurrentFinancialInstruments d:WithinOneYear 2024-09-30 04531382 d:CurrentFinancialInstruments d:WithinOneYear 2023-09-30 04531382 d:Non-currentFinancialInstruments d:AfterOneYear 2024-09-30 04531382 d:Non-currentFinancialInstruments d:AfterOneYear 2023-09-30 04531382 d:Non-currentFinancialInstruments d:BetweenTwoFiveYears 2024-09-30 04531382 d:Non-currentFinancialInstruments d:BetweenTwoFiveYears 2023-09-30 04531382 d:ShareCapital 2024-09-30 04531382 d:ShareCapital 2023-09-30 04531382 d:RetainedEarningsAccumulatedLosses 2024-09-30 04531382 d:RetainedEarningsAccumulatedLosses 2023-09-30 04531382 c:FRS102 2023-10-01 2024-09-30 04531382 c:AuditExemptWithAccountantsReport 2023-10-01 2024-09-30 04531382 c:FullAccounts 2023-10-01 2024-09-30 04531382 c:PrivateLimitedCompanyLtd 2023-10-01 2024-09-30 04531382 d:AcceleratedTaxDepreciationDeferredTax 2024-09-30 04531382 d:AcceleratedTaxDepreciationDeferredTax 2023-09-30 04531382 d:TaxLossesCarry-forwardsDeferredTax 2024-09-30 04531382 d:TaxLossesCarry-forwardsDeferredTax 2023-09-30 04531382 d:OtherDeferredTax 2024-09-30 04531382 d:OtherDeferredTax 2023-09-30 04531382 2 2023-10-01 2024-09-30 04531382 e:PoundSterling 2023-10-01 2024-09-30 iso4217:GBP xbrli:pure
Registered number: 04531382


MARKETING RADAR LIMITED
UNAUDITED
FINANCIAL STATEMENTS
INFORMATION FOR FILING WITH THE REGISTRAR
FOR THE YEAR ENDED 30 SEPTEMBER 2024

 
MARKETING RADAR LIMITED
 
 
COMPANY INFORMATION


Directors
R P Hazeldene 
D Merrifield 
C Hazeldene 
M Laverick (resigned 31 January 2025)
M Wyndham 




Company secretary
J A Hazeldene



Registered number
04531382



Registered office
8th Floor Becket House
36 Old Jewry

London

EC2R 8DD




Accountants
Xeinadin London Limited
Accountants

8th Floor

Becket House

36 Old Jewry

London

EC2R 8DD





 
MARKETING RADAR LIMITED
 

CONTENTS



Page
Accountants' report
1
Statement of financial position
2 - 3
Notes to the financial statements
4 - 10


 
MARKETING RADAR LIMITED
 
 
  
ACCOUNTANTS' REPORT TO THE BOARD OF DIRECTORS ON THE PREPARATION OF THE UNAUDITED STATUTORY FINANCIAL STATEMENTS OF MARKETING RADAR 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 Marketing Radar 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.

This report is made solely to the Board of directors of Marketing Radar Limited, as a body, in accordance with the terms of our engagement letter. Our work has been undertaken solely to prepare for your approval the financial statements of Marketing Radar Limited and state those matters that we have agreed to state to the Board of directors of Marketing Radar Limited, as a body, in this report. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Marketing Radar Limited and its Board of directors, as a body, for our work or for this report. 

It is your duty to ensure that Marketing Radar 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 Marketing Radar Limited. You consider that Marketing Radar 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 Marketing Radar 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.

  



Xeinadin London Limited
 
Accountants
  
8th Floor
Becket House
36 Old Jewry
London
EC2R 8DD
26 June 2025
Page 1

 
MARKETING RADAR LIMITED
REGISTERED NUMBER: 04531382

STATEMENT OF FINANCIAL POSITION
AS AT 30 SEPTEMBER 2024

2024
2023
Note
£
£

Fixed assets
  

Tangible assets
 4 
6,480
6,707

  
6,480
6,707

Current assets
  

Debtors: amounts falling due within one year
 5 
165,515
167,282

Cash at bank and in hand
 6 
125,919
185,479

  
291,434
352,761

Creditors: amounts falling due within one year
 7 
(109,105)
(128,881)

Net current assets
  
 
 
182,329
 
 
223,880

Total assets less current liabilities
  
188,809
230,587

Creditors: amounts falling due after more than one year
 8 
(10,833)
(20,833)

Provisions for liabilities
  

Deferred tax
 10 
(3,411)
(3,411)

  
 
 
(3,411)
 
 
(3,411)

Net assets
  
174,565
206,343


Capital and reserves
  

Called up share capital 
  
10,410
10,410

Profit and loss account
  
164,155
195,933

  
174,565
206,343


Page 2

 
MARKETING RADAR LIMITED
REGISTERED NUMBER: 04531382
    
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 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: 




R P Hazeldene
Director

Date: 26 June 2025

The notes on pages 4 to 10 form part of these financial statements.

Page 3

 
MARKETING RADAR LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2024

1.


General information

Marketing Radar Limited is a private company limited by shares incorporated in England and Wales, United Kingdom.
The address of the registered office is given in the information page of these financial statements. 
The principal activity of the company during the year continued to be the production of a marketing database software tool.

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 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.

  
2.2

Turnover

Turnover comprises of revenue recognised by the company in respect of goods and services supplied during the year, exclusive of VAT and trade discounts.

 
2.3

Foreign currency translation

Functional and presentation currency

The Company's functional and 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 4

 
MARKETING RADAR LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2024

2.Accounting policies (continued)

 
2.4

Interest income

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

 
2.5

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.

 
2.6

Borrowing costs

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

 
2.7

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.

 
2.8

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.


 
2.9

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 5

 
MARKETING RADAR LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2024

2.Accounting policies (continued)


2.9
Tangible fixed assets (continued)

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:

Plant and machinery
-
20% straight line
Office equipment
-
20% 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.

 
2.10

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. Dividends on shares recognised as liabilities are recognised as expenses and classified within interest payable.

 
2.14

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.

Page 6

 
MARKETING RADAR 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 16 (2023 - 15).


4.


Tangible fixed assets





Fixtures and fittings
Office equipment
Total

£
£
£



Cost or valuation


At 1 October 2023
2,938
17,290
20,228


Additions
208
2,359
2,567


Disposals
-
(821)
(821)



At 30 September 2024

3,146
18,828
21,974



Depreciation


At 1 October 2023
1,493
12,028
13,521


Charge for the year on owned assets
432
1,678
2,110


Disposals
-
(137)
(137)



At 30 September 2024

1,925
13,569
15,494



Net book value



At 30 September 2024
1,221
5,259
6,480



At 30 September 2023
1,445
5,262
6,707

Page 7

 
MARKETING RADAR LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2024

5.


Debtors

2024
2023
£
£


Trade debtors
134,522
139,685

Other debtors
7,088
23,803

Prepayments and accrued income
4,104
3,794

Tax recoverable
19,801
-

165,515
167,282



6.


Cash and cash equivalents

2024
2023
£
£

Cash at bank and in hand
125,919
185,479

125,919
185,479



7.


Creditors: Amounts falling due within one year

2024
2023
£
£

Bank loans
10,000
10,000

Trade creditors
27,078
18,087

Corporation tax
-
15,461

Other taxation and social security
61,356
57,182

Other creditors
6,171
19,751

Accruals and deferred income
4,500
8,400

109,105
128,881



8.


Creditors: Amounts falling due after more than one year

2024
2023
£
£

Bank loans
10,833
20,833

10,833
20,833


Page 8

 
MARKETING RADAR LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2024

9.


Loans


Analysis of the maturity of loans is given below:


2024
2023
£
£

Amounts falling due within one year

Bank loans
10,000
10,000


10,000
10,000


Amounts falling due 2-5 years

Bank loans
10,833
20,833


10,833
20,833


20,833
30,833



10.


Deferred taxation




2024


£






At beginning of year
(3,411)



At end of year
(3,411)

The provision for deferred taxation is made up as follows:

2024
2023
£
£


Accelerated capital allowances
(3,411)
(1,677)

Losses and other deductions
-
(2,163)

Short term timing differences
-
429

(3,411)
(3,411)

Page 9

 
MARKETING RADAR LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2024

11.


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 £12,277 (2023: £12,033). Contributions totalling £2,673 (2023: £2,899) were owed by the fund at the reporting date and are included in other debtors.
During the year the company also made contributions into a SIPP of £46,151 for the directors (2023: £55,074) and £Nil (2023: £74,200) for the staff.


12.


Related party transactions

During the year the company had a loan account with the director, R Hazeldene. Advances totalled £4,000 (2022: £2,000), credits totalled £312 (2023: £4,312). At the year end R Hazeldene was owed £1,393 (2023: £5,081) by the company.
During the year the company had a loan account with J Hazeldene. Advances totalled £24,000 (2023: £2,000), credits totalled £20,000 (2023: £4,000) and interest of £Nil (2023: £Nil) was charged. At the year end J Hazeldene was owed £74 (2023: £4,074) by the company.
During the year the company had a loan account with the director, D Merrifield. Advances totalled £4,000  (2023: £2000) credits totalled £312 (2023: £4,312) and interest of £Nil (2023: £Nil) was charged. At the year end D Merrifield was owed £1,003 (2023: £4,691) by the company.
During the year the company had a loan account with the director, C Hazeldene. Advances totalled £Nil, (2023: £20,882), credits totalled £20,312 (2023: £2312) and interest of £249 (2022: £304) was charged. At the year end C Hazeldene was owed £1,028 by the company (2023: owed to the company £19,035). 
During the year the company had a loan account with the director, J Fraser. Advances totalled £4,000 (2023: £2,000) and credits totalled £Nil (2023: £4,000) and interest of £Nil (2023: £Nil) was charged. At the year end J Fraser owed the company £994 (2023: owed by the company £3,006).


13.


Controlling party

The company is controlled by the directors by virtue of their shareholding.

 
Page 10