Caseware UK (AP4) 2024.0.164 2024.0.164 2025-03-312025-03-31The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.2024-04-01falseNo description of principal activity22truetruefalse 08044142 2024-04-01 2025-03-31 08044142 2023-04-01 2024-03-31 08044142 2025-03-31 08044142 2024-03-31 08044142 c:Director1 2024-04-01 2025-03-31 08044142 d:CurrentFinancialInstruments 2025-03-31 08044142 d:CurrentFinancialInstruments 2024-03-31 08044142 d:CurrentFinancialInstruments d:WithinOneYear 2025-03-31 08044142 d:CurrentFinancialInstruments d:WithinOneYear 2024-03-31 08044142 d:ShareCapital 2025-03-31 08044142 d:ShareCapital 2024-03-31 08044142 d:RetainedEarningsAccumulatedLosses 2025-03-31 08044142 d:RetainedEarningsAccumulatedLosses 2024-03-31 08044142 c:OrdinaryShareClass1 2024-04-01 2025-03-31 08044142 c:OrdinaryShareClass1 2025-03-31 08044142 c:OrdinaryShareClass1 2024-03-31 08044142 c:OrdinaryShareClass2 2024-04-01 2025-03-31 08044142 c:OrdinaryShareClass2 2025-03-31 08044142 c:OrdinaryShareClass2 2024-03-31 08044142 c:FRS102 2024-04-01 2025-03-31 08044142 c:AuditExempt-NoAccountantsReport 2024-04-01 2025-03-31 08044142 c:FullAccounts 2024-04-01 2025-03-31 08044142 c:PrivateLimitedCompanyLtd 2024-04-01 2025-03-31 08044142 2 2024-04-01 2025-03-31 08044142 e:PoundSterling 2024-04-01 2025-03-31 xbrli:shares iso4217:GBP xbrli:pure

Registered number: 08044142









MASROCK TRADES LIMITED







UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 31 MARCH 2025

 
MASROCK TRADES LIMITED
REGISTERED NUMBER: 08044142

BALANCE SHEET
AS AT 31 MARCH 2025

2025
2024
Note
£
£

  

Current assets
  

Debtors: amounts falling due within one year
 4 
21,132
24,389

Cash at bank and in hand
  
153,456
132,425

  
174,588
156,814

Creditors: amounts falling due within one year
 5 
(32,561)
(50,922)

Net current assets
  
 
 
142,027
 
 
105,892

Total assets less current liabilities
  
142,027
105,892

  

Net assets
  
142,027
105,892


Capital and reserves
  

Called up share capital 
 6 
1
1

Profit and loss account
  
142,026
105,891

  
142,027
105,892


Page 1

 
MASROCK TRADES LIMITED
REGISTERED NUMBER: 08044142
    
BALANCE SHEET (CONTINUED)
AS AT 31 MARCH 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 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 on 28 July 2025.




Thomas Rochford
Director

The notes on pages 3 to 5 form part of these financial statements.

Page 2

 
MASROCK TRADES LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025

1.


General information

The Company is a private company, limited by shares, incorporated and domiciled in England within the United Kingdom, registration number 08044142.  The Company's registered office is Sterling House, 71 Francis Road, Edgbaston, Birmingham, B16 8SP.
The financial statements are presented in sterling which is the functional currency of the company and the financial statements are rounded to the nearest £1.

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.

Cash flow
Under Financial Reporting Standard 102, the company is exempt from the requirement to prepare a cash flow statement on the grounds that it qualifies as a small company.

The following principal accounting policies have been applied:

 
2.2

Going concern

The director has prepared the accounts on a going concern basis.

 
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:

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

Interest income

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

Page 3

 
MASROCK TRADES LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025

2.Accounting policies (continued)

 
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 Balance Sheet. The assets of the plan are held separately from the Company in independently administered funds.

 
2.6

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 balance sheet date in the countries where the Company operates and generates income.


 
2.7

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.

 
2.8

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. 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.

 
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 2 (2024 - 2).

Page 4

 
MASROCK TRADES LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025

4.


Debtors

2025
2024
£
£


Trade debtors
5,405
24,019

Other debtors
15,727
370

21,132
24,389



5.


Creditors: Amounts falling due within one year

2025
2024
£
£

Trade creditors
3,032
7,326

Corporation tax
21,671
20,537

Other taxation and social security
6,403
7,777

Other creditors
-
13,827

Accruals and deferred income
1,455
1,455

32,561
50,922



6.


Share capital

2025
2024
£
£
Allotted, called up and fully paid



50 (2024 - 50) Ordinary A shares of £0.01 each
0.50
0.50
50 (2024 - 50) Ordinary B shares of £0.01 each
0.50
0.50

1.00

1.00



7.


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. Contributions totalling £nil (2024 - £366) were payable to the fund at the balance sheet date.


8.


Related party transactions

As at the balance sheet date, £15,447 (2024: £11,059 creditor) was due from the director.  This loan has been repaid subsequent ot the year end.

 
Page 5