Caseware UK (AP4) 2024.0.164 2024.0.164 2025-04-302025-04-302024-05-01falseNo 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 05116989 2024-05-01 2025-04-30 05116989 2023-05-01 2024-04-30 05116989 2025-04-30 05116989 2024-04-30 05116989 c:Director1 2024-05-01 2025-04-30 05116989 d:OfficeEquipment 2024-05-01 2025-04-30 05116989 d:OfficeEquipment 2025-04-30 05116989 d:OfficeEquipment 2024-04-30 05116989 d:OfficeEquipment d:OwnedOrFreeholdAssets 2024-05-01 2025-04-30 05116989 d:CurrentFinancialInstruments 2025-04-30 05116989 d:CurrentFinancialInstruments 2024-04-30 05116989 d:Non-currentFinancialInstruments 2025-04-30 05116989 d:Non-currentFinancialInstruments 2024-04-30 05116989 d:CurrentFinancialInstruments d:WithinOneYear 2025-04-30 05116989 d:CurrentFinancialInstruments d:WithinOneYear 2024-04-30 05116989 d:Non-currentFinancialInstruments d:AfterOneYear 2025-04-30 05116989 d:Non-currentFinancialInstruments d:AfterOneYear 2024-04-30 05116989 d:Non-currentFinancialInstruments d:BetweenTwoFiveYears 2025-04-30 05116989 d:Non-currentFinancialInstruments d:BetweenTwoFiveYears 2024-04-30 05116989 d:ShareCapital 2025-04-30 05116989 d:ShareCapital 2024-04-30 05116989 d:RetainedEarningsAccumulatedLosses 2025-04-30 05116989 d:RetainedEarningsAccumulatedLosses 2024-04-30 05116989 c:OrdinaryShareClass1 2024-05-01 2025-04-30 05116989 c:OrdinaryShareClass1 2025-04-30 05116989 c:OrdinaryShareClass1 2024-04-30 05116989 c:FRS102 2024-05-01 2025-04-30 05116989 c:AuditExempt-NoAccountantsReport 2024-05-01 2025-04-30 05116989 c:FullAccounts 2024-05-01 2025-04-30 05116989 c:PrivateLimitedCompanyLtd 2024-05-01 2025-04-30 05116989 2 2024-05-01 2025-04-30 05116989 e:PoundSterling 2024-05-01 2025-04-30 iso4217:GBP xbrli:shares xbrli:pure
Registered number: 05116989














PRE-U COURSES LTD
UNAUDITED
FINANCIAL STATEMENTS
FOR THE YEAR ENDED  30 APRIL 2025

 
PRE-U COURSES LTD
 

CONTENTS



Page
Statement of financial position
 
1 - 2
Notes to the financial statements
 
3 - 8


 
PRE-U COURSES LTD
REGISTERED NUMBER:05116989

STATEMENT OF FINANCIAL POSITION
AS AT 30 APRIL 2025

2025
2024
Note
£
£

Fixed assets
  

Tangible assets
 4 
11,774
12,845

Current assets
  

Debtors: amounts falling due within one year
 5 
2,623
14,874

Bank and cash balances
  
154,102
88,781

  
156,725
103,655

Current liabilities
  

Creditors: amounts falling due within one year
 6 
(61,161)
(29,435)

Net current assets
  
 
 
95,564
 
 
74,220

Total assets less current liabilities
  
107,338
87,065

Creditors: amounts falling due after more than one year
 7 
-
(11,372)

  

Net assets
  
107,338
75,693


Capital and reserves
  

Called up share capital 
 9 
1
1

Profit and loss account
  
107,337
75,692

  
107,338
75,693


Page 1

 
PRE-U COURSES LTD
REGISTERED NUMBER:05116989
    
STATEMENT OF FINANCIAL POSITION (CONTINUED)
AS AT 30 APRIL 2025

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.

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 24 July 2025.




JCP Hall
Director

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

Page 2

 
PRE-U COURSES LTD
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2025

1.


General information

Pre-U Courses Limited is a limited Company registered in England and Wales. Its registered office address is at 5 Elstree Gate, Elstree Way, Borehamwood, Hertfordshire WD6 1JD. 
The principal activity of the Company during the period was that of providing education courses.

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

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'.

 
2.3

Turnover

Turnover is measured at the fair value of amounts receivable in respect of goods and services provided in the year, net of trade discounts and excluding value added tax. The company recognises revenue from goods when the goods are delivered to the customer. Revenue from services is recognised when all contractual oblications have been met. 

 
2.4

Interest income

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

Page 3

 
PRE-U COURSES LTD
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2025

2.Accounting policies (continued)

 
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

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.


 
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.

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
-
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.

Page 4

 
PRE-U COURSES LTD
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2025

2.Accounting policies (continued)

 
2.10

Basic financial instruments

The Company only enters into transactions that result in basic financial instruments such as trade and other debtors, trade and other creditors, cash at bank and in hand, loans to related parties. 
Trade debtors, other debtors and loans to related parties are recognised initially at the transaction price less attributable transaction costs. Trade creditors, other creditors and loans from related parties are recognised initially at transaction price plus attributable transaction costs. Subsequently they are measured at amortised cost using the effective interest method, less any impairment losses in the case of trade and other debtors, and loans to related parties. 
Interest bearing borrowings, such as bank loans, classified as basic financial instruments are recognised initially at the present value of future payments discounted at a market rate of interest. Thereafter they are stated at amortised cost using the effective interest method. 
Cash and cash equivalents comprise cash balances and call deposits. Bank overdrafts that are repayable on demand and form an integral part of the company's cash management.

 
2.11

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 1 (2024 - 1).

Page 5

 
PRE-U COURSES LTD
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2025

4.


Tangible fixed assets





Office equipment

£



Cost or valuation


At 1 May 2024
16,549



At 30 April 2025

16,549



Depreciation


At 1 May 2024
3,704


Charge for the year on owned assets
1,071



At 30 April 2025

4,775



Net book value



At 30 April 2025
11,774



At 30 April 2024
12,845


5.


Debtors

2025
2024
£
£


Trade debtors
-
12,529

Other debtors
1,755
1,692

Prepayments and accrued income
868
653

2,623
14,874


Page 6

 
PRE-U COURSES LTD
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2025

6.


Creditors: Amounts falling due within one year

2025
2024
£
£

Bank overdrafts
1,612
-

Other loans
11,484
10,336

Trade creditors
7,052
4,387

Other taxation and social security
29,186
6,456

Other creditors
57
216

Accruals and deferred income
11,770
8,040

61,161
29,435



7.


Creditors: Amounts falling due after more than one year

2025
2024
£
£

Other loans
-
11,372



8.


Loans


Analysis of the maturity of loans is given below:


2025
2024
£
£

Amounts falling due within one year

Other loans
11,484
10,335


Amounts falling due 2-5 years

Other loans
-
11,372


11,484
21,707



9.


Share capital

2025
2024
£
£
Allotted, called up and fully paid



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


Page 7

 
PRE-U COURSES LTD
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2025

10.


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 £Nil (2024 - £20,000).

 
Page 8