Caseware UK (AP4) 2024.0.164 2024.0.164 2025-03-312025-03-312024-04-01falseNo description of principal activity3339truetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.false 03642484 2024-04-01 2025-03-31 03642484 2023-04-01 2024-03-31 03642484 2025-03-31 03642484 2024-03-31 03642484 c:CompanySecretary1 2024-04-01 2025-03-31 03642484 c:Director1 2024-04-01 2025-03-31 03642484 c:Director2 2024-04-01 2025-03-31 03642484 c:Director3 2024-04-01 2025-03-31 03642484 c:Director4 2024-04-01 2025-03-31 03642484 c:Director5 2024-04-01 2025-03-31 03642484 c:Director7 2024-04-01 2025-03-31 03642484 c:RegisteredOffice 2024-04-01 2025-03-31 03642484 d:Buildings d:ShortLeaseholdAssets 2024-04-01 2025-03-31 03642484 d:Buildings d:ShortLeaseholdAssets 2025-03-31 03642484 d:Buildings d:ShortLeaseholdAssets 2024-03-31 03642484 d:MotorVehicles 2024-04-01 2025-03-31 03642484 d:MotorVehicles 2025-03-31 03642484 d:MotorVehicles 2024-03-31 03642484 d:MotorVehicles d:OwnedOrFreeholdAssets 2024-04-01 2025-03-31 03642484 d:FurnitureFittings 2024-04-01 2025-03-31 03642484 d:FurnitureFittings 2025-03-31 03642484 d:FurnitureFittings 2024-03-31 03642484 d:FurnitureFittings d:OwnedOrFreeholdAssets 2024-04-01 2025-03-31 03642484 d:ComputerEquipment 2024-04-01 2025-03-31 03642484 d:ComputerEquipment 2025-03-31 03642484 d:ComputerEquipment 2024-03-31 03642484 d:ComputerEquipment d:OwnedOrFreeholdAssets 2024-04-01 2025-03-31 03642484 d:OwnedOrFreeholdAssets 2024-04-01 2025-03-31 03642484 d:CurrentFinancialInstruments 2025-03-31 03642484 d:CurrentFinancialInstruments 2024-03-31 03642484 d:CurrentFinancialInstruments d:WithinOneYear 2025-03-31 03642484 d:CurrentFinancialInstruments d:WithinOneYear 2024-03-31 03642484 d:ShareCapital 2025-03-31 03642484 d:ShareCapital 2024-03-31 03642484 d:RetainedEarningsAccumulatedLosses 2025-03-31 03642484 d:RetainedEarningsAccumulatedLosses 2024-03-31 03642484 d:AcceleratedTaxDepreciationDeferredTax 2025-03-31 03642484 d:AcceleratedTaxDepreciationDeferredTax 2024-03-31 03642484 c:FRS102 2024-04-01 2025-03-31 03642484 c:AuditExempt-NoAccountantsReport 2024-04-01 2025-03-31 03642484 c:FullAccounts 2024-04-01 2025-03-31 03642484 c:PrivateLimitedCompanyLtd 2024-04-01 2025-03-31 03642484 e:PoundSterling 2024-04-01 2025-03-31 iso4217:GBP xbrli:pure
Company registration number: 03642484







UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED
31 MARCH 2025


SYSCOM BUILDING MANAGEMENT LTD






































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SYSCOM BUILDING MANAGEMENT LTD
 


 
COMPANY INFORMATION


Directors
A J Hall 
J G Mooney 
B J O'connor 
L D Russell 
C Welch 
J S O'connor 




Company secretary
A J Hall



Registered number
03642484



Registered office
Magna House
18-32 London Road

Staines-Upon-Thames

Surrey

TW18 4BP




Trading Address
10 Charter Place
High Street

Egham

Surrey

TW20 9EA






Accountants
Menzies LLP
Chartered Accountants

Magna House

18-32 London Road

Staines-Upon-Thames

TW18 4BP





 


SYSCOM BUILDING MANAGEMENT LTD
 



CONTENTS



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


 


SYSCOM BUILDING MANAGEMENT LTD
REGISTERED NUMBER:03642484



STATEMENT OF FINANCIAL POSITION
AS AT 31 MARCH 2025

2025
2024
Note
£
£

Fixed assets
  

Tangible assets
 4 
33,711
53,496

  
33,711
53,496

Current assets
  

Debtors: amounts falling due within one year
 5 
3,583,169
1,827,930

Cash at bank and in hand
  
888,567
1,229,386

  
4,471,736
3,057,316

Creditors: amounts falling due within one year
 6 
(1,928,584)
(951,772)

Net current assets
  
 
 
2,543,152
 
 
2,105,544

Total assets less current liabilities
  
2,576,863
2,159,040

Provisions for liabilities
  

Deferred tax
 7 
(6,401)
(11,085)

Other provisions
  
(59,301)
(41,707)

  
 
 
(65,702)
 
 
(52,792)

Net assets
  
2,511,161
2,106,248


Capital and reserves
  

Called up share capital 
  
400
400

Profit and loss account
  
2,510,761
2,105,848

  
2,511,161
2,106,248


Page 1

 


SYSCOM BUILDING MANAGEMENT LTD
REGISTERED NUMBER:03642484


    
STATEMENT OF FINANCIAL POSITION (CONTINUED)
AS AT 31 MARCH 2025

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 by: 



B J O'connor
Director
Date: 17 July 2025

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

Page 2

 


SYSCOM BUILDING MANAGEMENT LTD
 


 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025

1.


General information

Syscom Building Management Ltd is a private company, limited by shares, registered in England & Wales. The company's registered number and registered office address can be found on the Company Information page. 
The presentation currency of the financial statements is GBP rounded to the nearest Pound Sterling (£).

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

Going concern

The financial statements have been prepared on a going concern basis, No significant judgements or estimates have been used by management in assessing the appropriateness of going concern.

Page 3

 


SYSCOM BUILDING MANAGEMENT LTD
 


 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025

2.Accounting policies (continued)

 
2.3

Revenue

Revenue from Bulding Management services and goods 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 from Bulding Management services and goods is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Sale of goods

Revenue from Bulding Management services and goods 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 Bulding Management services and goods 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.

 
2.4

Operating leases: the company as lessee

Rentals paid under operating leases are charged to profit or loss on a straight-line basis over the lease term.

Benefits received and receivable as an incentive to sign an operating lease are recognised on a straight-line basis over the lease term, unless another systematic basis is representative of the time pattern of the lessee's benefit from the use of the leased asset.

 
2.5

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.

Page 4

 


SYSCOM BUILDING MANAGEMENT LTD
 


 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025

2.Accounting policies (continued)

 
2.6

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 reporting 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 reporting 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 reporting date.


 
2.7

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:

Short-term leasehold property
-
10%
Straight line over lease term
Motor vehicles
-
25%
Straight line
Fixtures and fittings
-
20%
Straight line
Computer equipment
-
33%
Straight line

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 5

 


SYSCOM BUILDING MANAGEMENT LTD
 


 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025

2.Accounting policies (continued)

 
2.8

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.
 
Deferred tax liabilities are also presented within provisions but are measured in accordance with the accounting policy on taxation.
 
Increases in provisions are generally charged as an expense to profit or loss.

 
2.9

Financial instruments

The company has elected to apply the provisions of Section 11 “Basic Financial Instruments” of FRS 102 to all of its financial instruments.

Basic financial assets

Basic financial assets, which include trade and other debtors, cash and bank balances, are initially measured at their transaction price (adjusted for transaction costs except in the initial measurement of financial assets that are subsequently measured at fair value through profit and loss) and are subsequently carried at their amortised cost using the effective interest method, less any provision for impairment, unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest.

Discounting is omitted where the effect of discounting is immaterial. The company's cash and cash equivalents, trade and most other debtors due with the operating cycle fall into this category of financial instruments.

 
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.


3.


Employees

The average monthly number of employees, including directors, during the year was 33 (2024 - 39).

Page 6

 


SYSCOM BUILDING MANAGEMENT LTD
 


 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025

4.


Tangible fixed assets





Short-term leasehold property
Motor vehicles
Fixtures and fittings
Computer equipment
Total

£
£
£
£
£



Cost or valuation


At 1 April 2024
6,094
30,975
78,961
37,932
153,962


Additions
-
-
4,385
6,154
10,539


Disposals
-
(14,500)
-
(8,523)
(23,023)



At 31 March 2025

6,094
16,475
83,346
35,563
141,478



Depreciation


At 1 April 2024
4,267
21,475
57,778
16,946
100,466


Charge for the year on owned assets
609
2,500
8,061
12,154
23,324


Disposals
-
(7,500)
-
(8,523)
(16,023)



At 31 March 2025

4,876
16,475
65,839
20,577
107,767



Net book value



At 31 March 2025
1,218
-
17,507
14,986
33,711



At 31 March 2024
1,827
9,500
21,183
20,986
53,496


5.


Debtors

2025
2024
£
£


Trade debtors
1,495,039
769,141

Other debtors
1,415,200
805,600

Prepayments and accrued income
672,930
253,189

3,583,169
1,827,930


Page 7

 


SYSCOM BUILDING MANAGEMENT LTD
 


 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025

6.


Creditors: Amounts falling due within one year

2025
2024
£
£

Trade creditors
653,830
455,022

Corporation tax
193,676
21,545

Other taxation and social security
125,304
129,648

Other creditors
94,500
15,051

Accruals and deferred income
861,274
330,506

1,928,584
951,772



7.


Deferred taxation




2025


£






At beginning of year
(11,085)


Charged to profit or loss
4,684



At end of year
(6,401)

The provision for deferred taxation is made up as follows:

2025
2024
£
£


Accelerated capital allowances
(6,401)
(11,085)

(6,401)
(11,085)

Page 8