Caseware UK (AP4) 2024.0.164 2024.0.164 2025-03-302025-03-30false2024-03-31falseNo description of principal activity21truetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. 06225880 2024-03-31 2025-03-30 06225880 2023-03-31 2024-03-30 06225880 2025-03-30 06225880 2024-03-30 06225880 c:Director3 2024-03-31 2025-03-30 06225880 d:FurnitureFittings 2024-03-31 2025-03-30 06225880 d:FurnitureFittings 2025-03-30 06225880 d:FurnitureFittings 2024-03-30 06225880 d:FurnitureFittings d:OwnedOrFreeholdAssets 2024-03-31 2025-03-30 06225880 d:OfficeEquipment 2025-03-30 06225880 d:OfficeEquipment 2024-03-30 06225880 d:OfficeEquipment d:OwnedOrFreeholdAssets 2024-03-31 2025-03-30 06225880 d:ComputerEquipment 2024-03-31 2025-03-30 06225880 d:OwnedOrFreeholdAssets 2024-03-31 2025-03-30 06225880 d:CurrentFinancialInstruments 2025-03-30 06225880 d:CurrentFinancialInstruments 2024-03-30 06225880 d:CurrentFinancialInstruments d:WithinOneYear 2025-03-30 06225880 d:CurrentFinancialInstruments d:WithinOneYear 2024-03-30 06225880 d:ShareCapital 2025-03-30 06225880 d:ShareCapital 2024-03-30 06225880 d:RetainedEarningsAccumulatedLosses 2025-03-30 06225880 d:RetainedEarningsAccumulatedLosses 2024-03-30 06225880 c:FRS102 2024-03-31 2025-03-30 06225880 c:AuditExempt-NoAccountantsReport 2024-03-31 2025-03-30 06225880 c:FullAccounts 2024-03-31 2025-03-30 06225880 c:PrivateLimitedCompanyLtd 2024-03-31 2025-03-30 06225880 2 2024-03-31 2025-03-30 06225880 e:PoundSterling 2024-03-31 2025-03-30 iso4217:GBP xbrli:pure

Registered number: 06225880










PIPDEV LIMITED








UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 30 MARCH 2025

 
PIPDEV LIMITED
REGISTERED NUMBER: 06225880

STATEMENT OF FINANCIAL POSITION
AS AT 30 MARCH 2025

2025
2024
Note
£
£

Fixed assets
  

Tangible assets
 4 
187
220

  
187
220

Current assets
  

Stocks
  
20,000
225,000

Debtors: amounts falling due within one year
 5 
81,398
750

Cash at bank and in hand
  
54,915
300,000

  
156,313
525,750

Creditors: amounts falling due within one year
 6 
(10,630)
(362,647)

Net current assets
  
 
 
145,683
 
 
163,103

Total assets less current liabilities
  
145,870
163,323

  

Net assets
  
145,870
163,323


Capital and reserves
  

Called up share capital 
  
100
100

Profit and loss account
  
145,770
163,223

  
145,870
163,323


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 .

Thefinancial 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

 
PIPDEV LIMITED
REGISTERED NUMBER: 06225880
    
STATEMENT OF FINANCIAL POSITION (CONTINUED)
AS AT 30 MARCH 2025

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 on 4 August 2025.




P Palmer
Director

The notes on pages 3 to 6 form part of these financial statements.

Page 2

 
PIPDEV LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 MARCH 2025

1.


General information

Pipdev Limited is a private limited company limited by share capital, incorporated in England and Wales; registration number 06225880.  The address of the registered office is 30 Orange Street, London WC2H 7HF.

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

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.

 
2.3

Interest income

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

 
2.4

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.

 
2.5

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.

At each reporting date the Company assesses whether there is any indication of impairment. If such indication exists, the recoverable amount of the asset is determined which is the higher of its fair value less costs to sell and its value in use. An impairment loss is recognised where the carrying amount exceeds the recoverable amount.

Page 3

 
PIPDEV LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 MARCH 2025

2.Accounting policies (continued)


2.5
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 the bases set out below..

Depreciation is provided on the following basis:

Fixtures and fittings
-
15% on reducing balances
Computer equipment
-
Straight line over 3 years

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.

 
2.6

Work in progress

Work in progress includes labour and attributable overheads.

 
2.7

Debtors

Short-term debtors are measured at transaction price, less any impairment.

 
2.8

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.

 
2.9

Creditors

Short-term creditors are measured at the transaction price.


3.


Employees

The average monthly number of employees, including directors, during the year was 2 (2024 - 1).

Page 4

 
PIPDEV LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 MARCH 2025

4.


Tangible fixed assets





Fixtures and fittings
Office equipment
Total

£
£
£



Cost or valuation


At 31 March 2024
2,203
583
2,786



At 30 March 2025

2,203
583
2,786



Depreciation


At 31 March 2024
1,984
582
2,566


Charge for the year on owned assets
33
-
33



At 30 March 2025

2,017
582
2,599



Net book value



At 30 March 2025
186
1
187



At 30 March 2024
219
1
220


5.


Debtors

2025
2024
£
£


Amounts owed by joint ventures and associated undertakings
81,398
-

Other debtors
-
750

81,398
750


Page 5

 
PIPDEV LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 MARCH 2025

6.


Creditors: Amounts falling due within one year

2025
2024
£
£

Amounts owed to joint ventures and associated undertakings
-
174,071

Other taxation and social security
3,187
-

Other creditors
4,943
6,076

Accruals and deferred income
2,500
182,500

10,630
362,647



7.


Pension commitments

 
Page 6