Caseware UK (AP4) 2024.0.164 2024.0.164 2025-02-282025-02-28The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.true2024-03-01falseNo description of principal activity22truefalse 13887960 2024-03-01 2025-02-28 13887960 2023-03-01 2024-02-29 13887960 2025-02-28 13887960 2024-02-29 13887960 2023-03-01 13887960 c:Director1 2024-03-01 2025-02-28 13887960 d:OfficeEquipment 2024-03-01 2025-02-28 13887960 d:OfficeEquipment 2025-02-28 13887960 d:OfficeEquipment 2024-02-29 13887960 d:OfficeEquipment d:OwnedOrFreeholdAssets 2024-03-01 2025-02-28 13887960 d:PatentsTrademarksLicencesConcessionsSimilar 2025-02-28 13887960 d:PatentsTrademarksLicencesConcessionsSimilar 2024-02-29 13887960 d:CurrentFinancialInstruments 2025-02-28 13887960 d:CurrentFinancialInstruments 2024-02-29 13887960 d:CurrentFinancialInstruments d:WithinOneYear 2025-02-28 13887960 d:CurrentFinancialInstruments d:WithinOneYear 2024-02-29 13887960 d:ShareCapital 2024-03-01 2025-02-28 13887960 d:ShareCapital 2025-02-28 13887960 d:ShareCapital 2023-03-01 2024-02-29 13887960 d:ShareCapital 2024-02-29 13887960 d:ShareCapital 2023-03-01 13887960 d:RetainedEarningsAccumulatedLosses 2024-03-01 2025-02-28 13887960 d:RetainedEarningsAccumulatedLosses 2025-02-28 13887960 d:RetainedEarningsAccumulatedLosses 2023-03-01 2024-02-29 13887960 d:RetainedEarningsAccumulatedLosses 2024-02-29 13887960 d:RetainedEarningsAccumulatedLosses 2023-03-01 13887960 c:OrdinaryShareClass1 2024-03-01 2025-02-28 13887960 c:OrdinaryShareClass1 2025-02-28 13887960 c:OrdinaryShareClass1 2024-02-29 13887960 c:FRS102 2024-03-01 2025-02-28 13887960 c:AuditExempt-NoAccountantsReport 2024-03-01 2025-02-28 13887960 c:FullAccounts 2024-03-01 2025-02-28 13887960 c:PrivateLimitedCompanyLtd 2024-03-01 2025-02-28 13887960 2 2024-03-01 2025-02-28 13887960 6 2024-03-01 2025-02-28 13887960 e:PoundSterling 2024-03-01 2025-02-28 xbrli:shares iso4217:GBP xbrli:pure
Registered number: 13887960


CIRCLE OF INFLUENCE LTD
UNAUDITED
FINANCIAL STATEMENTS
INFORMATION FOR FILING WITH THE REGISTRAR
FOR THE YEAR ENDED 28 FEBRUARY 2025

 
CIRCLE OF INFLUENCE LTD
REGISTERED NUMBER: 13887960

STATEMENT OF FINANCIAL POSITION
AS AT 28 FEBRUARY 2025

28 February
29 February
2025
2024
Note
£
£

Fixed assets
  

Intangible assets
 4 
5,000
5,000

Tangible assets
  
57
83

  
5,057
5,083

Current assets
  

Debtors: amounts falling due within one year
 6 
91,600
59,600

Cash at bank and in hand
 7 
215
2,045

  
91,815
61,645

Creditors: amounts falling due within one year
 8 
(198,783)
(154,032)

Net current liabilities
  
 
 
(106,968)
 
 
(92,387)

Total assets less current liabilities
  
(101,911)
(87,304)

  

Net liabilities
  
(101,911)
(87,304)


Capital and reserves
  

Called up share capital 
 9 
1
1

Profit and loss account
 10 
(101,912)
(87,305)

  
(101,911)
(87,304)


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.

Page 1

 
CIRCLE OF INFLUENCE LTD
REGISTERED NUMBER: 13887960
    
STATEMENT OF FINANCIAL POSITION (CONTINUED)
AS AT 28 FEBRUARY 2025

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 30 June 2025.



D Buchanan
Director

The notes on pages 4 to 9 form part of these financial statements.

Page 2

 
CIRCLE OF INFLUENCE LTD
 

STATEMENT OF CHANGES IN EQUITY
FOR THE YEAR ENDED 28 FEBRUARY 2025


Called up share capital
Profit and loss account
Total equity

£
£
£


At 1 March 2023
1
(7,464)
(7,463)


Comprehensive income for the year

Loss for the year
-
(79,841)
(79,841)
Total comprehensive income for the year
-
(79,841)
(79,841)


Total transactions with owners
-
-
-



At 1 March 2024
1
(87,305)
(87,304)


Comprehensive income for the year

Loss for the year
-
(14,607)
(14,607)
Total comprehensive income for the year
-
(14,607)
(14,607)


Total transactions with owners
-
-
-


At 28 February 2025
1
(101,912)
(101,911)


The notes on pages 4 to 9 form part of these financial statements.

Page 3

 
CIRCLE OF INFLUENCE LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 28 FEBRUARY 2025

1.Accounting policies

 
1.1

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:

 
1.2

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.

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.

 
1.3

Interest income

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

 
1.4

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.

Page 4

 
CIRCLE OF INFLUENCE LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 28 FEBRUARY 2025

1.Accounting policies (continued)

 
1.5

Intangible assets

Intangible assets are initially recognised at cost. After recognition, under the cost model, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

All intangible assets are considered to have a finite useful life. If a reliable estimate of the useful life cannot be made, the useful life shall not exceed ten years.

 
1.6

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:

Office equipment
-
25%

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.

 
1.7

Impairment of fixed assets and goodwill

Assets that are subject to depreciation or amortisation are assessed at each reporting date to determine whether there is any indication that the assets are impaired. Where there is any indication that an asset may be impaired, the carrying value of the asset (or cash-generating unit to which the asset has been allocated) is tested for impairment. An impairment loss is recognised for the amount by which the asset's carrying amount exceeds its recoverable amount. The recoverable amount is the higher of an asset's (or CGU's) fair value less costs to sell and value in use. For the purposes of assessing impairment, assets are grouped at the lowest levels for which there are separately identifiable cash flows (CGUs). Non-financial assets that have been previously impaired are reviewed at each reporting date to assess whether there is any indication that the impairment losses recognised in prior periods may no longer exist or may have decreased.

 
1.8

Valuation of investments

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.

Page 5

 
CIRCLE OF INFLUENCE LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 28 FEBRUARY 2025

1.Accounting policies (continued)

 
1.9

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.

 
1.10

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.

 
1.11

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.


Judgments in applying accounting policies and key sources of estimation uncertainty

In the application of the company's accounting policies management is required to make judgements, estimates and assumptions about the carrying value of assets and liabilities that are not readily ascertainable from other sources. The estimates and underlying assumptions are based on historical experience and other factors that are considered to be relevant. Actual outcomes may differ from these estimates.
The estimates and underlying assumptions are reviewed on a continuing basis. Revisions to accounting estimates are recognised in the period in which the estimates are revised.
The key areas of estimation uncertainty that have a significant effect on the amounts recognised in the financial statements are described below:
Prepayments & Accrued Expenditure
The company includes a provision for invoices which are yet to be received from and amounts paid in advance to suppliers. These provisions are estimated based upon the expected values of the invoices which are issued and services received following the period end.


3.


Employees




The average monthly number of employees, including directors, during the year was 2 (2024 - 2).

Page 6

 
CIRCLE OF INFLUENCE LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 28 FEBRUARY 2025

4.


Intangible assets






Franchise

£



Cost


At 1 March 2024
5,000



At 28 February 2025

5,000






Net book value



At 28 February 2025
5,000



At 29 February 2024
5,000




5.


Tangible fixed assets







Office equipment

£



Cost or valuation


At 1 March 2024
99



At 28 February 2025

99



Depreciation


At 1 March 2024
17


Charge for the year on owned assets
25



At 28 February 2025

42



Net book value



At 28 February 2025
57



At 29 February 2024
83

Page 7

 
CIRCLE OF INFLUENCE LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 28 FEBRUARY 2025

6.


Debtors

28 February
29 February
2025
2024
£
£


Trade debtors
83,600
59,600

Prepayments and accrued income
8,000
-

91,600
59,600



7.


Cash and cash equivalents

28 February
29 February
2025
2024
£
£

Cash at bank and in hand
215
2,045

215
2,045



8.


Creditors: Amounts falling due within one year

28 February
29 February
2025
2024
£
£

Trade creditors
3,616
239

Other taxation and social security
13,296
11,603

Other creditors
4,871
27,190

Accruals and deferred income
177,000
115,000

198,783
154,032



9.


Share capital

28 February
29 February
2025
2024
£
£
Allotted, called up and fully paid



1 (2024 - 1) Ordinary share of £1.00
1
1


Page 8

 
CIRCLE OF INFLUENCE LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 28 FEBRUARY 2025

10.


Reserves

Profit and loss account

The profit and loss reserve is fully distributable.

 
Page 9