Caseware UK (AP4) 2024.0.164 2024.0.164 2024-12-312024-12-31false2024-01-01falseNo description of principal activity3535falsetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. 02065974 2024-01-01 2024-12-31 02065974 2023-01-01 2023-12-31 02065974 2024-12-31 02065974 2023-12-31 02065974 c:CompanySecretary1 2024-01-01 2024-12-31 02065974 c:Director1 2024-01-01 2024-12-31 02065974 c:Director2 2024-01-01 2024-12-31 02065974 c:Director3 2024-01-01 2024-12-31 02065974 c:RegisteredOffice 2024-01-01 2024-12-31 02065974 c:Agent1 2024-01-01 2024-12-31 02065974 d:Buildings d:LongLeaseholdAssets 2024-01-01 2024-12-31 02065974 d:Buildings d:LongLeaseholdAssets 2024-12-31 02065974 d:Buildings d:LongLeaseholdAssets 2023-12-31 02065974 d:MotorVehicles 2024-01-01 2024-12-31 02065974 d:MotorVehicles 2024-12-31 02065974 d:MotorVehicles 2023-12-31 02065974 d:MotorVehicles d:OwnedOrFreeholdAssets 2024-01-01 2024-12-31 02065974 d:FurnitureFittings 2024-01-01 2024-12-31 02065974 d:FurnitureFittings 2024-12-31 02065974 d:FurnitureFittings 2023-12-31 02065974 d:FurnitureFittings d:OwnedOrFreeholdAssets 2024-01-01 2024-12-31 02065974 d:OwnedOrFreeholdAssets 2024-01-01 2024-12-31 02065974 d:DevelopmentCostsCapitalisedDevelopmentExpenditure 2024-12-31 02065974 d:DevelopmentCostsCapitalisedDevelopmentExpenditure 2023-12-31 02065974 d:CurrentFinancialInstruments 2024-12-31 02065974 d:CurrentFinancialInstruments 2023-12-31 02065974 d:Non-currentFinancialInstruments 2024-12-31 02065974 d:Non-currentFinancialInstruments 2023-12-31 02065974 d:CurrentFinancialInstruments d:WithinOneYear 2024-12-31 02065974 d:CurrentFinancialInstruments d:WithinOneYear 2023-12-31 02065974 d:Non-currentFinancialInstruments d:AfterOneYear 2024-12-31 02065974 d:Non-currentFinancialInstruments d:AfterOneYear 2023-12-31 02065974 d:ShareCapital 2024-12-31 02065974 d:ShareCapital 2023-12-31 02065974 d:CapitalRedemptionReserve 2024-12-31 02065974 d:CapitalRedemptionReserve 2023-12-31 02065974 d:RetainedEarningsAccumulatedLosses 2024-12-31 02065974 d:RetainedEarningsAccumulatedLosses 2023-12-31 02065974 c:FRS102 2024-01-01 2024-12-31 02065974 c:AuditExempt-NoAccountantsReport 2024-01-01 2024-12-31 02065974 c:FullAccounts 2024-01-01 2024-12-31 02065974 c:PrivateLimitedCompanyLtd 2024-01-01 2024-12-31 02065974 d:WithinOneYear 2024-12-31 02065974 d:WithinOneYear 2023-12-31 02065974 d:DevelopmentCostsCapitalisedDevelopmentExpenditure d:InternallyGeneratedIntangibleAssets 2024-01-01 2024-12-31 02065974 6 2024-01-01 2024-12-31 02065974 d:DevelopmentCostsCapitalisedDevelopmentExpenditure d:OwnedIntangibleAssets 2024-01-01 2024-12-31 02065974 e:PoundSterling 2024-01-01 2024-12-31 iso4217:GBP xbrli:pure
Company registration number: 02065974







UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED
31 DECEMBER 2024


DOLPHIN COMPUTER ACCESS LIMITED






































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DOLPHIN COMPUTER ACCESS LIMITED
 


 
COMPANY INFORMATION


Directors
N P Duffy 
S J Bennett 
M B Hill 




Company secretary
N P Duffy



Registered number
02065974



Registered office
Technology House
Blackpole Estate West

Worcester

Worcestershire

WR3 8TJ




Accountants
Menzies LLP
Chartered Accountants

3000a Parkway

Whiteley

Hampshire

PO15 7FX




Bankers
Lloyds Bank plc
4 The Cross

Worcester

Worcestershire

WR1 3PY





 


DOLPHIN COMPUTER ACCESS LIMITED
 



CONTENTS



Page
Statement of Financial Position
1 - 2
Notes to the Financial Statements
3 - 10


 


DOLPHIN COMPUTER ACCESS LIMITED
REGISTERED NUMBER:02065974



STATEMENT OF FINANCIAL POSITION
AS AT 31 DECEMBER 2024

2024
2023
Note
£
£

Fixed assets
  

Intangible assets
 4 
491,646
432,016

Tangible assets
 5 
85,710
53,831

Investments
 6 
11,000
11,000

  
588,356
496,847

Current assets
  

Stocks
  
13,935
13,330

Debtors: amounts falling due within one year
 7 
347,452
821,868

Current asset investments
 8 
595,849
536,193

Cash at bank and in hand
  
223,354
336,158

  
1,180,590
1,707,549

Creditors: amounts falling due within one year
 9 
(629,071)
(859,283)

Net current assets
  
 
 
551,519
 
 
848,266

Total assets less current liabilities
  
1,139,875
1,345,113

Creditors: amounts falling due after more than one year
 10 
(26,602)
-

Provisions for liabilities
  

Deferred tax
  
(66,402)
(56,897)

  
 
 
(66,402)
 
 
(56,897)

Net assets
  
1,046,871
1,288,216

Page 1

 


DOLPHIN COMPUTER ACCESS LIMITED
REGISTERED NUMBER:02065974


    
STATEMENT OF FINANCIAL POSITION (CONTINUED)
AS AT 31 DECEMBER 2024

2024
2023
Note
£
£

Capital and reserves
  

Called up share capital 
  
97,162
100,000

Capital redemption reserve
  
2,838
-

Profit and loss account
  
946,871
1,188,216

  
1,046,871
1,288,216


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: 




S J Bennett
Director

Date: 31 July 2025

The notes on pages 3 to 10 form part of these financial statements.

Page 2

 


DOLPHIN COMPUTER ACCESS LIMITED
 


 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024

1.


General information

The company is a private company, limited by shares and  incorporated in England and Wales. The Company's principal place of business is the same as its registered office. Details are contained on the company information page.

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

Going concern

The directors have reviewed forecasts for a period in excess of 12 months from the date that the accounts are
released for approval and have formed a reasonable expectation that the Company has adequate resources to continue operational existence for the foreseeable future. For this reason, the directors continue to adopt the going concern basis of accounting in preparing the annual financial statements.

 
2.3

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.

 
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.

Page 3

 


DOLPHIN COMPUTER ACCESS LIMITED
 


 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024

2.Accounting policies (continued)

 
2.5

Research and development

In the research phase of an internal project it is not possible to demonstrate that the project will generate future economic benefits and hence all expenditure on research shall be recognised as an expense when it is incurred. Intangible assets are recognised from the development phase of a project if and only if certain specific criteria are met in order to demonstrate the asset will generate probable future economic benefits and that its cost can be reliably measured. The capitalised development costs are subsequently amortised on a straight-line basis over their useful economic lives, which range from 3 to 6 years.
If it is not possible to distinguish between the research phase and the development phase of an internal project, the expenditure is treated as if it were all incurred in the research phase only.

 
2.6

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.

 
2.7

Borrowing costs

All borrowing costs are recognised in profit or loss in the year in which they are incurred.

 
2.8

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

 


DOLPHIN COMPUTER ACCESS LIMITED
 


 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024

2.Accounting policies (continued)

 
2.9

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.


 
2.10

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.

 
2.11

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.

Land is not depreciated. Depreciation on other assets is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, using the straight-line and reducing balance method.

Depreciation is provided on the following basis:

Leasehold property improvements
-
20%
straight line
Motor vehicles
-
20%
straight line
Fixtures and fittings
-
20%
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

 


DOLPHIN COMPUTER ACCESS LIMITED
 


 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024

2.Accounting policies (continued)

 
2.12

Valuation of investments

Investments in subsidiaries are measured at cost less accumulated impairment.

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

 
2.13

Stocks

Stocks are stated at the lower of cost and net realisable value, being the estimated selling price less costs to complete and sell. Cost is based on the cost of purchase on a first in, first out basis. Work in progress and finished goods include labour and attributable overheads.

At each reporting date, stocks are assessed for impairment. If stock is impaired, the carrying amount is reduced to its selling price less costs to complete and sell. The impairment loss is recognised immediately in profit or loss.

 
2.14

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.
 
Increases in provisions are generally charged as an expense to profit or loss.

 
2.15

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 35 (2023 - 35).

Page 6

 


DOLPHIN COMPUTER ACCESS LIMITED
 


 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024

4.


Intangible assets




Development expenditure

£



Cost


At 1 January 2024
719,593


Additions - internal
254,116



At 31 December 2024

973,709



Amortisation


At 1 January 2024
287,577


Charge for the year on owned assets
194,486



At 31 December 2024

482,063



Net book value



At 31 December 2024
491,646



At 31 December 2023
432,016



Page 7

 


DOLPHIN COMPUTER ACCESS LIMITED
 


 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024

5.


Tangible fixed assets





Leasehold property improvement
Motor vehicles
Fixtures and fittings
Total

£
£
£
£



Cost or valuation


At 1 January 2024
22,063
-
832,987
855,050


Additions
-
53,331
4,395
57,726



At 31 December 2024

22,063
53,331
837,382
912,776



Depreciation


At 1 January 2024
14,454
-
786,765
801,219


Charge for the year on owned assets
4,413
6,222
15,212
25,847



At 31 December 2024

18,867
6,222
801,977
827,066



Net book value



At 31 December 2024
3,196
47,109
35,405
85,710



At 31 December 2023
7,609
-
46,222
53,831


6.


Fixed asset investments





Investments in subsidiary companies

£



Cost or valuation


At 1 January 2024
11,000



At 31 December 2024
11,000




Page 8

 


DOLPHIN COMPUTER ACCESS LIMITED
 


 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024

7.


Debtors

2024
2023
£
£


Trade debtors
263,224
677,260

Amounts owed by group undertakings
170
64,919

Other debtors
2,993
36,534

Prepayments and accrued income
81,065
43,155

347,452
821,868



8.


Current asset investments

2024
2023
£
£

Listed investments
595,849
536,193

595,849
536,193



9.


Creditors: Amounts falling due within one year

2024
2023
£
£

Trade creditors
226,759
507,166

Other taxation and social security
59,719
31,685

Obligations under finance lease and hire purchase contracts
10,333
-

Other creditors
21,558
6,661

Accruals and deferred income
310,702
313,771

629,071
859,283



10.


Creditors: Amounts falling due after more than one year

2024
2023
£
£

Net obligations under finance leases and hire purchase contracts
26,602
-

26,602
-


Page 9

 


DOLPHIN COMPUTER ACCESS LIMITED
 


 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024

11.


Commitments under operating leases

At 31 December 2024 the Company had future minimum lease payments due under non-cancellable operating leases for each of the following periods:

2024
2023
£
£


Not later than 1 year
6,773
24,671

6,773
24,671


12.


Related party transactions

In accordance with Financial Reporting Standard 102 Section 33, the Company has not disclosed transactions with fellow group undertakings that are wholly owned within the Group.


13.


Ultimate parent undertaking

The Company is a wholly owned subsidiary of YourDolphin Holdings Limited and the ultimate parent undertaking is YourDolphin IT Limited.  Both companies are registed in England and have the same registered office as Dolphin Computer Access Limited.

The Company is exempt from preparing consolidated accounts on the grounds that it is part of a small group.

 
Page 10