Caseware UK (AP4) 2024.0.164 2024.0.164 No description of principal activityThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.2023-12-01false55truetruefalse 02554649 2024-11-30 02554649 c:Director1 2023-12-01 2024-11-30 02554649 c:Director1 2022-12-01 2023-11-30 02554649 c:Director1 2023-12-01 02554649 c:Director1 2024-11-30 02554649 c:Director1 2022-12-01 02554649 2023-12-01 2024-11-30 02554649 2022-12-01 2023-11-30 02554649 2023-11-30 02554649 c:Director2 2023-12-01 2024-11-30 02554649 c:Director2 2022-12-01 2023-11-30 02554649 c:Director2 2024-11-30 02554649 c:Director2 2023-12-01 02554649 c:Director2 2022-12-01 02554649 d:PlantMachinery 2023-12-01 2024-11-30 02554649 d:PlantMachinery 2024-11-30 02554649 d:PlantMachinery 2023-11-30 02554649 d:PlantMachinery d:OwnedOrFreeholdAssets 2023-12-01 2024-11-30 02554649 d:FurnitureFittings 2023-12-01 2024-11-30 02554649 d:FurnitureFittings 2024-11-30 02554649 d:FurnitureFittings 2023-11-30 02554649 d:FurnitureFittings d:OwnedOrFreeholdAssets 2023-12-01 2024-11-30 02554649 d:ComputerEquipment 2023-12-01 2024-11-30 02554649 d:ComputerEquipment 2024-11-30 02554649 d:ComputerEquipment 2023-11-30 02554649 d:ComputerEquipment d:OwnedOrFreeholdAssets 2023-12-01 2024-11-30 02554649 d:OwnedOrFreeholdAssets 2023-12-01 2024-11-30 02554649 d:CurrentFinancialInstruments 2024-11-30 02554649 d:CurrentFinancialInstruments 2023-11-30 02554649 d:CurrentFinancialInstruments d:WithinOneYear 2024-11-30 02554649 d:CurrentFinancialInstruments d:WithinOneYear 2023-11-30 02554649 d:ShareCapital 2024-11-30 02554649 d:ShareCapital 2023-11-30 02554649 d:RetainedEarningsAccumulatedLosses 2024-11-30 02554649 d:RetainedEarningsAccumulatedLosses 2023-11-30 02554649 c:FRS102 2023-12-01 2024-11-30 02554649 c:AuditExempt-NoAccountantsReport 2023-12-01 2024-11-30 02554649 c:FullAccounts 2023-12-01 2024-11-30 02554649 c:PrivateLimitedCompanyLtd 2023-12-01 2024-11-30 02554649 e:PoundSterling 2023-12-01 2024-11-30 iso4217:GBP xbrli:pure
Company registration number: 02554649











EYETECH CLM LTD
Unaudited
Financial statements
Information for filing with the registrar
For the Year Ended 30 November 2024

















Coveney Nicholls Limited
Chartered Accountants
The Old Wheel House
31/37 Church Street
Reigate
Surrey
UK
RH2 0AD

 
EYETECH CLM LTD
Registered number:02554649

Statement of Financial Position
As at 30 November 2024

2024
2023
Note
£
£

Fixed assets
  

Tangible assets
 4 
15,943
17,699

  
15,943
17,699

Current assets
  

Stocks
  
2,809
2,865

Debtors: amounts falling due within one year
 5 
78,029
57,322

Cash at bank and in hand
  
95,235
93,281

  
176,073
153,468

Creditors: amounts falling due within one year
 6 
(104,839)
(103,030)

Net current assets
  
 
 
71,234
 
 
50,438

Total assets less current liabilities
  
87,177
68,137

  

Net assets
  
87,177
68,137


Capital and reserves
  

Called up share capital 
  
10,000
10,000

Profit and loss account
  
77,177
58,137

  
87,177
68,137


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: 

___________________________
M Renou
___________________________
P T Thompson
Director
Director


Page 1

 
EYETECH CLM LTD
Registered number:02554649
    
Statement of Financial Position (continued)
As at 30 November 2024

Date: 8 August 2025

The notes on pages 3 to 7 form part of these financial statements.

Page 2

 
EYETECH CLM LTD
 
 
Notes to the Financial Statements

For the Year Ended 30 November 2024

1.


General information

The company is a private company limited by shares, registered in England and Wales. The address of the registered office is Lynwood Gate, 2 Trowers Way, Holmthorpe Industrial Estate, Redhill, Surrey, RH1 2LH.

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.

 
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.

Page 3

 
EYETECH CLM LTD
 
 
Notes to the Financial Statements

For the Year Ended 30 November 2024

2.Accounting policies (continued)

 
2.4

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.

 
2.5

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 Statement of Financial Position. 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 reporting date in the countries where the Company operates and generates income.


 
2.7

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:

Plant and machinery
-
10%
reducing balance
Fixtures and fittings
-
15%
reducing balance
Computer equipment
-
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.

Page 4

 
EYETECH CLM LTD
 
 
Notes to the Financial Statements

For the Year Ended 30 November 2024

2.Accounting policies (continued)

 
2.8

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.

 
2.9

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.

 
2.10

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.

 
2.11

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 5 (2023 - 5).

Page 5

 
EYETECH CLM LTD
 
 
Notes to the Financial Statements

For the Year Ended 30 November 2024

4.


Tangible fixed assets





Plant and machinery
Fixtures and fittings
Computer equipment
Total

£
£
£
£



Cost or valuation


At 1 December 2023
164,872
25,151
45,488
235,511


Additions
-
-
214
214



At 30 November 2024

164,872
25,151
45,702
235,725



Depreciation


At 1 December 2023
149,525
23,735
44,552
217,812


Charge for the year on owned assets
1,535
212
223
1,970



At 30 November 2024

151,060
23,947
44,775
219,782



Net book value



At 30 November 2024
13,812
1,204
927
15,943



At 30 November 2023
15,347
1,416
936
17,699


5.


Debtors

2024
2023
£
£


Trade debtors
70,361
53,803

Other debtors
7,668
3,519

78,029
57,322


Page 6

 
EYETECH CLM LTD
 
 
Notes to the Financial Statements

For the Year Ended 30 November 2024

6.


Creditors: Amounts falling due within one year

2024
2023
£
£

Trade creditors
16,787
13,525

Corporation tax
31,255
30,984

Other taxation and social security
45,836
47,605

Other creditors
5,827
4,169

Accruals and deferred income
5,134
6,747

104,839
103,030



7.
Director's advances, credits and guarantees


2024

Balance brought forward 
Advances/(credits) to the directors
Amounts repaid
Balance outstanding

£
£
£
£

M Renou
(4,169)
70,249
(64,548)
1,532

P T Thompson
3,519
41,816
(39,200)
6,135

2023

Balance brought forward 
Advances/(credits) to the directors
Amounts repaid
Balance outstanding

£
£
£
£

M Renou
(4,169)
75,309
(76,548)
(4,169)

P T Thompson
2,660
44,059
(43,200)
3,519

 
Page 7