Caseware UK (AP4) 2024.0.164 2024.0.164 2025-01-312025-01-31false0falsetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.2024-01-26Sports and recreation education0true 15445732 2024-01-25 15445732 2024-01-26 2025-01-31 15445732 2023-01-26 2024-01-25 15445732 2025-01-31 15445732 c:Director1 2024-01-26 2025-01-31 15445732 d:MotorVehicles 2024-01-26 2025-01-31 15445732 d:MotorVehicles 2025-01-31 15445732 d:MotorVehicles d:OwnedOrFreeholdAssets 2024-01-26 2025-01-31 15445732 d:FurnitureFittings 2024-01-26 2025-01-31 15445732 d:FurnitureFittings 2025-01-31 15445732 d:FurnitureFittings d:OwnedOrFreeholdAssets 2024-01-26 2025-01-31 15445732 d:OwnedOrFreeholdAssets 2024-01-26 2025-01-31 15445732 d:CurrentFinancialInstruments 2025-01-31 15445732 d:CurrentFinancialInstruments d:WithinOneYear 2025-01-31 15445732 d:ShareCapital 2025-01-31 15445732 c:OrdinaryShareClass1 2024-01-26 2025-01-31 15445732 c:OrdinaryShareClass1 2025-01-31 15445732 c:FRS102 2024-01-26 2025-01-31 15445732 c:AuditExempt-NoAccountantsReport 2024-01-26 2025-01-31 15445732 c:FullAccounts 2024-01-26 2025-01-31 15445732 c:PrivateLimitedCompanyLtd 2024-01-26 2025-01-31 15445732 e:PoundSterling 2024-01-26 2025-01-31 xbrli:shares iso4217:GBP xbrli:pure

Registered number: 15445732









NEWTON RISTE LTD







UNAUDITED

FINANCIAL STATEMENTS

FOR THE PERIOD ENDED 31 JANUARY 2025

 
NEWTON RISTE LTD
REGISTERED NUMBER: 15445732

BALANCE SHEET
AS AT 31 JANUARY 2025

2025
Note
£

Fixed assets
  

Tangible assets
 4 
11,000

  
11,000

Current assets
  

Cash at bank and in hand
 5 
7,555

  
7,555

Creditors: amounts falling due within one year
 6 
(18,554)

Net current (liabilities)/assets
  
 
 
(10,999)

Total assets less current liabilities
  
1

  

Net assets
  
1


Capital and reserves
  

Called up share capital 
 7 
1

  
1


Page 1

 
NEWTON RISTE LTD
REGISTERED NUMBER: 15445732
    
BALANCE SHEET (CONTINUED)
AS AT 31 JANUARY 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 period 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 Company's financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

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 8 August 2025.




................................................
Paul Riste
Director

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

Page 2

 
NEWTON RISTE LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 JANUARY 2025

1.


General information

The Company is a private company limited by share capital, incorporated in England and Wales. The principal activity of the Company throughout the year was that of recreational education. The Company was incorporated on 26th January 2024 and commenced trading on 16th February 2024. 

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 Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006.

The preparation of financial statements in compliance with FRS 102 requires the use of certain critical accounting estimates. It also requires management to exercise judgement in applying the Company's accounting policies.

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, 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.

 
2.3

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.


Page 3

 
NEWTON RISTE LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 JANUARY 2025

2.Accounting policies (continued)

 
2.4

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, on a reducing balance basis.

Depreciation is provided on the following basis:

Motor vehicles
-
Fixtures and fittings
-
20%
reducing balance

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.

 
2.5

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.

 
2.6

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.

 
2.7

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 Company has no employees other than the director, who did not receive any remuneration.

Page 4

 
NEWTON RISTE LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 JANUARY 2025

4.


Tangible fixed assets





Motor vehicles
Fixtures and fittings
Total

£
£
£



Cost or valuation


Additions
12,250
1,500
13,750



At 31 January 2025

12,250
1,500
13,750



Depreciation


Charge for the period on owned assets
2,450
300
2,750



At 31 January 2025

2,450
300
2,750



Net book value



At 31 January 2025
9,800
1,200
11,000


5.


Cash and cash equivalents

2025
£

Cash at bank and in hand
7,555

7,555



6.


Creditors: Amounts falling due within one year

2025
£

Corporation tax
1,994

Other creditors
15,884

Accruals and deferred income
676

18,554


Included in other creditors is a director’s loan account balance of £15,884 in relation to Paul Riste.

Page 5

 
NEWTON RISTE LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 JANUARY 2025

7.


Share capital

2025
£
Allotted, called up and fully paid


1 Ordinary shares share of £1
1


Upon incorporation, 1 Ordinary £1 shares was issued at par.


8.


Controlling party

The Company is controlled by the director, Paul Riste, by virtue of his shareholding as described in the directors report.

 
Page 6