Caseware UK (AP4) 2023.0.135 2023.0.135 2024-10-312024-10-312023-11-01falseNo description of principal activity11truetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.false 09812607 2023-11-01 2024-10-31 09812607 2022-11-01 2023-10-31 09812607 2024-10-31 09812607 2023-10-31 09812607 2022-11-01 09812607 c:Director2 2023-11-01 2024-10-31 09812607 d:ComputerEquipment 2023-11-01 2024-10-31 09812607 d:ComputerEquipment 2024-10-31 09812607 d:ComputerEquipment 2023-10-31 09812607 d:ComputerEquipment d:OwnedOrFreeholdAssets 2023-11-01 2024-10-31 09812607 d:ComputerSoftware 2024-10-31 09812607 d:ComputerSoftware 2023-10-31 09812607 d:CurrentFinancialInstruments 2024-10-31 09812607 d:CurrentFinancialInstruments 2023-10-31 09812607 d:Non-currentFinancialInstruments 2024-10-31 09812607 d:Non-currentFinancialInstruments 2023-10-31 09812607 d:CurrentFinancialInstruments d:WithinOneYear 2024-10-31 09812607 d:CurrentFinancialInstruments d:WithinOneYear 2023-10-31 09812607 d:Non-currentFinancialInstruments d:AfterOneYear 2024-10-31 09812607 d:Non-currentFinancialInstruments d:AfterOneYear 2023-10-31 09812607 d:Non-currentFinancialInstruments d:BetweenTwoFiveYears 2024-10-31 09812607 d:Non-currentFinancialInstruments d:BetweenTwoFiveYears 2023-10-31 09812607 d:ShareCapital 2023-11-01 2024-10-31 09812607 d:ShareCapital 2024-10-31 09812607 d:ShareCapital 2022-11-01 2023-10-31 09812607 d:ShareCapital 2023-10-31 09812607 d:ShareCapital 2022-11-01 09812607 d:SharePremium 2023-11-01 2024-10-31 09812607 d:SharePremium 2024-10-31 09812607 d:SharePremium 2022-11-01 2023-10-31 09812607 d:SharePremium 2023-10-31 09812607 d:SharePremium 2022-11-01 09812607 d:RetainedEarningsAccumulatedLosses 2023-11-01 2024-10-31 09812607 d:RetainedEarningsAccumulatedLosses 2024-10-31 09812607 d:RetainedEarningsAccumulatedLosses 2022-11-01 2023-10-31 09812607 d:RetainedEarningsAccumulatedLosses 2023-10-31 09812607 d:RetainedEarningsAccumulatedLosses 2022-11-01 09812607 d:AcceleratedTaxDepreciationDeferredTax 2024-10-31 09812607 d:AcceleratedTaxDepreciationDeferredTax 2023-10-31 09812607 c:OrdinaryShareClass1 2023-11-01 2024-10-31 09812607 c:OrdinaryShareClass1 2024-10-31 09812607 c:OrdinaryShareClass1 2023-10-31 09812607 c:FRS102 2023-11-01 2024-10-31 09812607 c:AuditExempt-NoAccountantsReport 2023-11-01 2024-10-31 09812607 c:FullAccounts 2023-11-01 2024-10-31 09812607 c:PrivateLimitedCompanyLtd 2023-11-01 2024-10-31 09812607 d:ComputerSoftware d:ExternallyAcquiredIntangibleAssets 2023-11-01 2024-10-31 09812607 6 2023-11-01 2024-10-31 09812607 d:ComputerSoftware d:OwnedIntangibleAssets 2023-11-01 2024-10-31 09812607 e:PoundSterling 2023-11-01 2024-10-31 iso4217:GBP xbrli:shares xbrli:pure

Registered number: 09812607









OKTOBER6 LTD







UNAUDITED

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 OCTOBER 2024

 
OKTOBER6 LTD
REGISTERED NUMBER: 09812607

BALANCE SHEET
AS AT 31 OCTOBER 2024

2024
2023
Note
£
£

Fixed assets
  

Intangible assets
 4 
11,310
19,592

Tangible assets
 5 
1,044
3,339

Investments
 6 
2,003,414
1,916,441

  
2,015,768
1,939,372

Current assets
  

Debtors: amounts falling due within one year
 7 
467,337
35,660

Cash at bank and in hand
 8 
44,134
19,924

  
511,471
55,584

Creditors: amounts falling due within one year
 9 
(1,660,674)
(1,361,336)

Net current liabilities
  
 
 
(1,149,203)
 
 
(1,305,752)

Total assets less current liabilities
  
866,565
633,620

Creditors: amounts falling due after more than one year
 10 
(32,212)
(37,548)

Provisions for liabilities
  

Deferred tax
 12 
(202)
(202)

  
 
 
(202)
 
 
(202)

Net assets
  
834,151
595,870


Capital and reserves
  

Called up share capital 
  
4,172,322
3,805,725

Share premium account
  
6,332,867
5,295,806

Profit and loss account
  
(9,671,038)
(8,505,661)

  
834,151
595,870


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
Page 1

 
OKTOBER6 LTD
REGISTERED NUMBER: 09812607
    
BALANCE SHEET (CONTINUED)
AS AT 31 OCTOBER 2024

to the small companies regime.

The Company has opted not to file the profit and loss account 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: 




................................................
Varun Sahni
Director

Date: 29 July 2025

The notes on pages 4 to 11 form part of these financial statements.

Page 2

 

 
OKTOBER6 LTD


 

STATEMENT OF CHANGES IN EQUITY
FOR THE YEAR ENDED 31 OCTOBER 2024



Called up share capital
Share premium account
Profit and loss account
Total equity


£
£
£
£



At 1 November 2022
3,067,305
4,485,813
(6,841,394)
711,724





Loss for the year
-
-
(1,664,267)
(1,664,267)


Shares issued during the year
738,420
809,993
-
1,548,413





At 1 November 2023
3,805,725
5,295,806
(8,505,661)
595,870





Loss for the year
-
-
(1,165,377)
(1,165,377)


Shares issued during the year
366,597
1,037,061
-
1,403,658



Total transactions with owners
366,597
1,037,061
-
1,403,658



At 31 October 2024
4,172,322
6,332,867
(9,671,038)
834,151



The notes on pages 4 to 11 form part of these financial statements.

Page 3

 
OKTOBER6 LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2024

1.


General information

Oktober6 LTD is a private company, limited by shares, registered in England and Wales. The company's registered number and registered office address are as below:
Registered number: 09812607
Registered office: The Courtyard, 14a Sydenham Road, Croydon, England, CR0 2EE

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 Profit and loss account within 'finance income or costs'. All other foreign exchange gains and losses are presented in profit or loss within 'other operating income'.

 
2.3

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

 
OKTOBER6 LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2024

2.Accounting policies (continued)

 
2.4

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.

 
2.5

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.

 
2.6

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.

Page 5

 
OKTOBER6 LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2024

2.Accounting policies (continued)


2.6
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:

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.

 
2.7

Valuation of investments

Investments in subsidiaries are measured at cost less accumulated impairment.

Investments in unlisted Company shares, whose market value can be reliably determined, are remeasured to market value at each balance sheet date. Gains and losses on remeasurement are recognised in the Profit and loss account for the period. Where market value cannot be reliably determined, such investments are stated at historic cost less impairment.

Investments in listed company shares are remeasured to market value at each balance sheet date. Gains and losses on remeasurement are recognised in profit or loss for the period.

 
2.8

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.

 
2.9

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.

 
2.10

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.

Page 6

 
OKTOBER6 LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2024

3.


Employees




The average monthly number of employees, including directors, during the year was 1 (2023 - 1).


4.


Intangible assets




Computer software

£



Cost


At 1 November 2023
1,158,535


Additions
7,933



At 31 October 2024

1,166,468



Amortisation


At 1 November 2023
1,138,943


Charge for the year on owned assets
16,214



At 31 October 2024

1,155,157



Net book value



At 31 October 2024
11,311



At 31 October 2023
19,592



Page 7

 
OKTOBER6 LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2024

5.


Tangible fixed assets





Computer equipment

£



Cost or valuation


At 1 November 2023
19,315



At 31 October 2024

19,315



Depreciation


At 1 November 2023
15,976


Charge for the year on owned assets
2,295



At 31 October 2024

18,271



Net book value



At 31 October 2024
1,044



At 31 October 2023
3,339


6.


Fixed asset investments





Investments in subsidiary companies

£



Cost or valuation


At 1 November 2023
1,916,441


Additions
86,972



At 31 October 2024
2,003,413





7.


Debtors

2024
2023
£
£


Trade debtors
1,938
2,057

Amounts owed by group undertakings
441,447
-
Page 8

 
OKTOBER6 LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2024

7.Debtors (continued)


Other debtors
23,952
27,272

Prepayments and accrued income
-
6,331

467,337
35,660



8.


Cash and cash equivalents

2024
2023
£
£

Cash at bank and in hand
44,134
19,924

44,134
19,924



9.


Creditors: Amounts falling due within one year

2024
2023
£
£

Bank loans
12,380
-

Trade creditors
1,141,984
908,266

Amounts owed to group undertakings
3,720
4,063

Corporation tax
17
17

Other creditors
27,581
64,432

Accruals and deferred income
474,992
384,558

1,660,674
1,361,336



10.


Creditors: Amounts falling due after more than one year

2024
2023
£
£

Bank loans
32,212
37,548

32,212
37,548


Page 9

 
OKTOBER6 LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2024

11.


Loans


Analysis of the maturity of loans is given below:


2024
2023
£
£

Amounts falling due within one year

Bank loans
12,380
-


12,380
-


Amounts falling due 2-5 years

Bank loans
32,212
37,548


32,212
37,548


44,592
37,548



12.


Deferred taxation




2024


£






At beginning of year
(202)



At end of year
(202)

The provision for deferred taxation is made up as follows:

2024
2023
£
£


Accelerated capital allowances
(202)
(202)

(202)
(202)


13.


Share capital

2024
2023
£
£
Allotted, called up and fully paid



Page 10

 
OKTOBER6 LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2024

13.Share capital (continued)

417,232,200,000 (2023 - 380,572,500,000) Ordinary shares of £0.00001 each
4,172,322
3,805,725





14.


Share-based payments

Oktober6 Ltd operates an Enterprise Management Incentives scheme for employees and an unapproved option scheme for others such as consultants and advisors.

Weighted average exercise price (pence)
2024
Number
2024
Weighted average exercise price
(pence)
2023
Number
2023

Outstanding at the beginning of the year

0.001

1,425,138

0.001
 
1,132,388
 
Granted during the year

0

-

0.001
 
358,750
 
Exercised during the year

0

-

0.001
 
(61,000)
 
Expired during the year

0

-

0.001
 
(5,000)
 
Outstanding at the end of the year
0.001

1,425,138

0.001
 
1,425,138
 



2024
2023
£
£

 
-
 
-

 
Page 11