Caseware UK (AP4) 2024.0.164 2024.0.164 2024-06-302024-06-30112023-07-01falseNo description of principal activity11falsetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.false 09617838 2023-07-01 2024-06-30 09617838 2022-07-01 2023-06-30 09617838 2024-06-30 09617838 2023-06-30 09617838 c:Director1 2023-07-01 2024-06-30 09617838 d:OfficeEquipment 2023-07-01 2024-06-30 09617838 d:OfficeEquipment 2024-06-30 09617838 d:OfficeEquipment 2023-06-30 09617838 d:OfficeEquipment d:OwnedOrFreeholdAssets 2023-07-01 2024-06-30 09617838 d:ComputerEquipment 2023-07-01 2024-06-30 09617838 d:ComputerEquipment 2024-06-30 09617838 d:ComputerEquipment 2023-06-30 09617838 d:ComputerEquipment d:OwnedOrFreeholdAssets 2023-07-01 2024-06-30 09617838 d:OwnedOrFreeholdAssets 2023-07-01 2024-06-30 09617838 d:CurrentFinancialInstruments 2024-06-30 09617838 d:CurrentFinancialInstruments 2023-06-30 09617838 d:CurrentFinancialInstruments d:WithinOneYear 2024-06-30 09617838 d:CurrentFinancialInstruments d:WithinOneYear 2023-06-30 09617838 d:ShareCapital 2024-06-30 09617838 d:ShareCapital 2023-06-30 09617838 d:RetainedEarningsAccumulatedLosses 2024-06-30 09617838 d:RetainedEarningsAccumulatedLosses 2023-06-30 09617838 c:OrdinaryShareClass1 2023-07-01 2024-06-30 09617838 c:OrdinaryShareClass1 2024-06-30 09617838 c:OrdinaryShareClass2 2023-07-01 2024-06-30 09617838 c:OrdinaryShareClass2 2024-06-30 09617838 c:OrdinaryShareClass2 2023-06-30 09617838 c:OrdinaryShareClass3 2023-07-01 2024-06-30 09617838 c:OrdinaryShareClass3 2024-06-30 09617838 c:FRS102 2023-07-01 2024-06-30 09617838 c:AuditExempt-NoAccountantsReport 2023-07-01 2024-06-30 09617838 c:FullAccounts 2023-07-01 2024-06-30 09617838 c:PrivateLimitedCompanyLtd 2023-07-01 2024-06-30 09617838 2 2023-07-01 2024-06-30 09617838 6 2023-07-01 2024-06-30 09617838 e:PoundSterling 2023-07-01 2024-06-30 xbrli:shares iso4217:GBP xbrli:pure

Registered number: 09617838









MORRAMA LTD







UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 30 JUNE 2024

 
MORRAMA LTD
REGISTERED NUMBER: 09617838

STATEMENT OF FINANCIAL POSITION
AS AT 30 JUNE 2024

2024
2023
Note
£
£

Fixed assets
  

Tangible assets
 3 
16,018
15,612

Investments
 4 
51,385
38,885

  
67,403
54,497

Current assets
  

Debtors: amounts falling due within one year
 5 
228,169
198,757

Cash at bank and in hand
 6 
163,930
153,502

  
392,099
352,259

Creditors: amounts falling due within one year
 7 
(224,216)
(190,440)

Net current assets
  
 
 
167,883
 
 
161,819

Total assets less current liabilities
  
235,286
216,316

  

Net assets
  
235,286
216,316


Capital and reserves
  

Called up share capital 
 8 
100
100

Profit and loss account
  
235,186
216,216

  
235,286
216,316


Page 1

 
MORRAMA LTD
REGISTERED NUMBER: 09617838
    
STATEMENT OF FINANCIAL POSITION (CONTINUED)
AS AT 30 JUNE 2024

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 her 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: 




J Barnard
Director

Date: 27 June 2025

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

Page 2

 
MORRAMA LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2024

1.


General information

Morrama Ltd is a private company, limited by shares, incorporated in the United Kingdom and registered in England and Wales (Registered number 09617838). The company's registered office address is 101 New Cavendish Street, 1st Floor South, London, United Kingdom, W1W 6XH.
The financial statements are presented in Sterling, which is the functional currency of the company.

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.

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

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 3

 
MORRAMA LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2024

2.Accounting policies (continued)


2.3
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:

Office equipment
-
25%
reducing balance basis
Computer equipment
-
25%
reducing balance basis

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.

 
2.4

Valuation of investments

Investments in subsidiaries are measured at cost less accumulated impairment.

Investments in unlisted Company shares, whose market value can be reliably determined, are remeasured to market value at each reporting date. Gains and losses on remeasurement are recognised in the Statement of Comprehensive Income for the period. Where market value cannot be reliably determined, such investments are stated at historic cost less impairment.

Investments in listed company shares are remeasured to market value at each reporting date. Gains and losses on remeasurement are recognised in profit or loss for the period.

 
2.5

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.

 
2.6

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.

 
2.7

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.

Page 4

 
MORRAMA LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2024

2.Accounting policies (continued)

 
2.8

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.

 
2.9

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.

 
2.10

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.

 
2.11

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.

 
2.12

Interest income

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

Page 5

 
MORRAMA LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2024

2.Accounting policies (continued)

 
2.13

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 reporting date in the countries where the Company operates and generates income.



3.


Tangible fixed assets





Office equipment
Computer equipment
Total

£
£
£



Cost or valuation


At 1 July 2023
6,518
31,378
37,896


Additions
2,222
2,876
5,098



At 30 June 2024

8,740
34,254
42,994



Depreciation


At 1 July 2023
2,480
19,805
22,285


Charge for the year on owned assets
1,461
3,230
4,691



At 30 June 2024

3,941
23,035
26,976



Net book value



At 30 June 2024
4,799
11,219
16,018



At 30 June 2023
4,038
11,574
15,612

Page 6

 
MORRAMA LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2024

4.


Fixed asset investments





Unlisted investments

£



Cost or valuation


At 1 July 2023
38,885


Additions
12,500



At 30 June 2024
51,385





5.


Debtors

2024
2023
£
£


Trade debtors
109,613
147,447

Other debtors
102,035
13,345

Prepayments and accrued income
16,521
37,965

228,169
198,757



6.


Cash and cash equivalents

2024
2023
£
£

Cash at bank and in hand
163,930
153,502

163,930
153,502


Page 7

 
MORRAMA LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2024

7.


Creditors: Amounts falling due within one year

2024
2023
£
£

Trade creditors
10,664
19,052

Corporation tax
12,038
16,004

Other taxation and social security
20,120
18,675

Other creditors
149,694
107,180

Accruals and deferred income
31,700
29,529

224,216
190,440



8.


Share capital

2024
2023
£
£
Allotted, called up and fully paid



87,900 A Ordinary shares of £0.001 each
88
88
7,100 (2023 - 7,100) B Ordinary shares of £0.001 each
7
7
5,000 C Ordinary shares of £0.001 each
5
5

100

100

During the year, the A Ordinary, B Ordinary and C Ordinary shares were subdivided from £0.1 shares into £0.001 shares.


 
Page 8