Caseware UK (AP4) 2024.0.164 2024.0.164 2024-10-312024-10-312023-11-01falseNo description of principal activity21truetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.false 02611162 2023-11-01 2024-10-31 02611162 2022-11-01 2023-10-31 02611162 2024-10-31 02611162 2023-10-31 02611162 c:Director1 2023-11-01 2024-10-31 02611162 d:MotorVehicles 2023-11-01 2024-10-31 02611162 d:ComputerEquipment 2023-11-01 2024-10-31 02611162 d:ComputerEquipment 2024-10-31 02611162 d:ComputerEquipment 2023-10-31 02611162 d:ComputerEquipment d:OwnedOrFreeholdAssets 2023-11-01 2024-10-31 02611162 d:CurrentFinancialInstruments 2024-10-31 02611162 d:CurrentFinancialInstruments 2023-10-31 02611162 d:CurrentFinancialInstruments d:WithinOneYear 2024-10-31 02611162 d:CurrentFinancialInstruments d:WithinOneYear 2023-10-31 02611162 d:ShareCapital 2024-10-31 02611162 d:ShareCapital 2023-10-31 02611162 d:RetainedEarningsAccumulatedLosses 2024-10-31 02611162 d:RetainedEarningsAccumulatedLosses 2023-10-31 02611162 c:OrdinaryShareClass1 2023-11-01 2024-10-31 02611162 c:OrdinaryShareClass1 2024-10-31 02611162 c:OrdinaryShareClass1 2023-10-31 02611162 c:FRS102 2023-11-01 2024-10-31 02611162 c:AuditExempt-NoAccountantsReport 2023-11-01 2024-10-31 02611162 c:FullAccounts 2023-11-01 2024-10-31 02611162 c:PrivateLimitedCompanyLtd 2023-11-01 2024-10-31 02611162 2 2023-11-01 2024-10-31 02611162 e:PoundSterling 2023-11-01 2024-10-31 iso4217:GBP xbrli:shares xbrli:pure
Registered number: 02611162














ADLINES LIMITED
UNAUDITED
FINANCIAL STATEMENTS
INFORMATION FOR FILING WITH THE REGISTRAR
FOR THE YEAR ENDED 31 OCTOBER 2024

 
ADLINES LIMITED
REGISTERED NUMBER:02611162

BALANCE SHEET
AS AT 31 OCTOBER 2024

2024
2023
Note

Fixed assets
  

Tangible assets
 4 
468
858

Current assets
  

Debtors: amounts falling due within one year
 5 
25,097
25,196

Cash at bank and in hand
  
30,549
21,651

  
55,646
46,847

Creditors: amounts falling due within one year
 6 
(18,361)
(21,669)

Net current assets
  
 
 
37,285
 
 
25,178

Total assets less current liabilities
  
37,753
26,036

  

Net assets
  
£37,753
£26,036


Capital and reserves
  

Called up share capital 
 7 
2
2

Profit and loss account
  
37,751
26,034

  
£37,753
£26,036


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 24 June 2025.




S L Ford
Director

The notes on pages 2 to 5 form part of these financial statements.
Page 1

 
ADLINES LIMITED
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2024

1.


General information

Adlines Limited is a private company limited by shares.  The company registration number is 02611162 and the company is incorporated in England and Wales.  The registered office of the company is Henwood House, Henwood, Ashford, Kent TN24 8DH.  The principal place of business is Bays 2 & 3, Pattenden Lane, Marden, Tonbridge, Kent TN12 9QS.

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:

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.

 
2.3

Interest income

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

 
2.4

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.


 
2.5

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 2

 
ADLINES LIMITED
 

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2024

2.Accounting policies (continued)


2.5
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:

Motor vehicles
-
25%
Computer equipment
-

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.

 
2.6

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.

 
2.7

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.

 
2.8

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.

 
2.9

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 2 (2023 - 1).

Page 3

 
ADLINES LIMITED
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2024

4.


Tangible fixed assets





Computer equipment



Cost or valuation


At 1 November 2023
1,561



At 31 October 2024

1,561



Depreciation


At 1 November 2023
703


Charge for the year on owned assets
390



At 31 October 2024

1,093



Net book value



At 31 October 2024
£468



At 31 October 2023
£858


5.


Debtors

2024
2023


Trade debtors
6,794
6,399

Amounts owed by group undertakings
17,769
17,909

Other debtors
-
487

Prepayments and accrued income
534
401

£25,097
£25,196



6.


Creditors: Amounts falling due within one year

2024
2023

Trade creditors
7,058
9,721

Amounts owed to group undertakings
4,254
4,254

Corporation tax
3,513
5,352

Other taxation and social security
1,172
-

Other creditors
764
742

Accruals and deferred income
1,600
1,600

£18,361
£21,669


Page 4

 
ADLINES LIMITED
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2024

7.


Share capital

2024
2023
Allotted, called up and fully paid



2 (2023 - 2) Ordinary shares of £1.00 each
£2
£2



8.
Controlling party

At the balance sheet date, the immediate parent undertaking is Globescan Limited, a company incorporated in England and Wales. 
The ultimate parent undertaking is Globescan Limited, a company incorporated in England and Wales.
The company is exempt from the requirement of preparing consolidated financial statements as it is a subsidiary undertaking of a small group under section 383 of the Companies Act 2006.
 


Page 5