Caseware UK (AP4) 2024.0.164 2024.0.164 2023-11-01false2falsetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. 14443945 2023-11-01 2024-10-31 14443945 2024-10-31 14443945 2022-10-26 2023-10-31 14443945 2023-10-31 14443945 c:Director1 2023-11-01 2024-10-31 14443945 d:ComputerEquipment 2023-11-01 2024-10-31 14443945 d:ComputerEquipment 2024-10-31 14443945 d:ComputerEquipment 2023-10-31 14443945 d:ComputerEquipment d:OwnedOrFreeholdAssets 2023-11-01 2024-10-31 14443945 d:CurrentFinancialInstruments 2024-10-31 14443945 d:CurrentFinancialInstruments 2023-10-31 14443945 d:CurrentFinancialInstruments d:WithinOneYear 2024-10-31 14443945 d:CurrentFinancialInstruments d:WithinOneYear 2023-10-31 14443945 d:ShareCapital 2024-10-31 14443945 d:ShareCapital 2023-10-31 14443945 d:RetainedEarningsAccumulatedLosses 2024-10-31 14443945 d:RetainedEarningsAccumulatedLosses 2023-10-31 14443945 c:FRS102 2023-11-01 2024-10-31 14443945 c:AuditExempt-NoAccountantsReport 2023-11-01 2024-10-31 14443945 c:FullAccounts 2023-11-01 2024-10-31 14443945 c:PrivateLimitedCompanyLtd 2023-11-01 2024-10-31 14443945 e:PoundSterling 2023-11-01 2024-10-31 iso4217:GBP xbrli:pure
Registered number: 14443945













Ri3k Consulting Limited

Financial statements
Information for filing with the registrar

31 October 2024




 
Ri3k Consulting Limited


Balance sheet
At 31 October 2024

2024
2023
Note
£
£

Fixed assets
  

Tangible assets
 4 
332
609

  
332
609

Current assets
  

Debtors
 5 
19,800
10,402

Cash at bank and in hand
  
70,390
16,523

  
90,190
26,925

Creditors: amounts falling due within one year
  
(19,839)
(7,236)

Net current assets
  
 
 
70,351
 
 
19,689

Total assets less current liabilities
  
70,683
20,298

Provisions for liabilities
  

Deferred tax
  
(83)
(116)

  
 
 
(83)
 
 
(116)

Net assets
  
70,600
20,182


Capital and reserves
  

Called up share capital 
  
200
200

Profit and loss account
  
70,400
19,982

Shareholders' funds
  
70,600
20,182

1

 
Ri3k Consulting Limited

    
Balance sheet (continued)
At 31 October 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 on 9 July 2025.




K S MacDonald
Director

Registered number: 14443945
The notes on pages 3 to 6 form part of these financial statements. 
2

 
Ri3k Consulting Limited
 
 

Notes to the financial statements
Year ended 31 October 2024

1.


General information

Ri3k Consulting Limited ('the company') is a private company limited by shares, incorporated and domiciled in the United Kingdom. The registered office is 50 New Concordia Wharf, Mill Street, London, SE1 2BB.

2.Accounting policies

  
2.1

Statement of compliance

The financial statements have been prepared in accordance with Section 1A of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the United Kingdom and the Republic of Ireland' (FRS 102) and the Companies Act 2006.

 
2.2

Revenue

Revenue is the amount derived from the provision of consultancy services, being fees receivable during the year. Revenue is recognised when the appropriate service has been delivered.
Services provided to clients which at the balance sheet date have not been billed to clients and where there is a right to consideration, have been recognised as turnover. Turnover recognised in this manner is based on an assessment of the fair value of the services provided at the balance sheet date as a proportion of the total value of the engagement. Provision is made against unbilled amounts on those engagements where the right to receive payment is contingent on factors outside the control of the company. Unbilled revenue is included in debtors.

 
2.3

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.
3

 
Ri3k Consulting Limited
 

 
Notes to the financial statements
Year ended 31 October 2024

2.Accounting policies (continued)

 
2.4

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
-
33%

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.

 
2.5

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.

 
2.6

Financial instruments

Basic financial instruments are classified and accounted for, according to the substance of the contractual arrangement, as either financial assets, financial liabilities or equity instruments. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities.

 
2.7

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 - 2).

4

 
Ri3k Consulting Limited
 
 

Notes to the financial statements
Year ended 31 October 2024

4.


Tangible fixed assets





Computer equipment

£



Cost


At 1 November 2023
840



At 31 October 2024

840



Depreciation


At 1 November 2023
231


Charge for the year
277



At 31 October 2024

508



Net book value



At 31 October 2024
332


5.


Debtors

2024
2023
£
£


Trade debtors
1,800
1,500

Other debtors
-
6,902

Accrued income
18,000
2,000

19,800
10,402



6.


Creditors: amounts falling due within one year

2024
2023
£
£

Corporation tax
15,793
4,896

Other creditors
1,546
-

Accruals and deferred income
2,500
2,340

19,839
7,236


5

 
Ri3k Consulting Limited
 
 

Notes to the financial statements
Year ended 31 October 2024

7.


Related party transactions

During the year, the company used a loan account to record amounts due to and from the directors. At the year end, the balance owed to the directors by the company was £1,546 (2023: £6,902 owed to the company by the directors). This loan is unsecured, interest free and no fixed terms of repayment have been agreed.

 
6