Caseware UK (AP4) 2024.0.164 2024.0.164 2025-01-312025-01-312025-05-2312024-02-01falseNo description of principal activity1truetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. 08349700 2024-02-01 2025-01-31 08349700 2023-02-01 2024-01-31 08349700 2025-01-31 08349700 2024-01-31 08349700 2023-02-01 08349700 c:Director1 2024-02-01 2025-01-31 08349700 d:OfficeEquipment 2024-02-01 2025-01-31 08349700 d:OfficeEquipment 2025-01-31 08349700 d:OfficeEquipment 2024-01-31 08349700 d:OfficeEquipment d:OwnedOrFreeholdAssets 2024-02-01 2025-01-31 08349700 d:ComputerEquipment 2024-02-01 2025-01-31 08349700 d:ComputerEquipment 2025-01-31 08349700 d:ComputerEquipment 2024-01-31 08349700 d:ComputerEquipment d:OwnedOrFreeholdAssets 2024-02-01 2025-01-31 08349700 d:OwnedOrFreeholdAssets 2024-02-01 2025-01-31 08349700 d:CurrentFinancialInstruments 2025-01-31 08349700 d:CurrentFinancialInstruments 2024-01-31 08349700 d:CurrentFinancialInstruments d:WithinOneYear 2025-01-31 08349700 d:CurrentFinancialInstruments d:WithinOneYear 2024-01-31 08349700 d:ShareCapital 2025-01-31 08349700 d:ShareCapital 2024-01-31 08349700 d:ShareCapital 2023-02-01 08349700 d:RetainedEarningsAccumulatedLosses 2024-02-01 2025-01-31 08349700 d:RetainedEarningsAccumulatedLosses 2025-01-31 08349700 d:RetainedEarningsAccumulatedLosses 2023-02-01 2024-01-31 08349700 d:RetainedEarningsAccumulatedLosses 2024-01-31 08349700 d:RetainedEarningsAccumulatedLosses 2023-02-01 08349700 c:OrdinaryShareClass1 2024-02-01 2025-01-31 08349700 c:OrdinaryShareClass1 2025-01-31 08349700 c:OrdinaryShareClass1 2024-01-31 08349700 c:FRS102 2024-02-01 2025-01-31 08349700 c:AuditExempt-NoAccountantsReport 2024-02-01 2025-01-31 08349700 c:FullAccounts 2024-02-01 2025-01-31 08349700 c:PrivateLimitedCompanyLtd 2024-02-01 2025-01-31 08349700 2 2024-02-01 2025-01-31 xbrli:shares iso4217:GBP xbrli:pure

Registered number: 08349700









AVSEC RESILIENCE LIMITED







UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 31 JANUARY 2025

 
AVSEC RESILIENCE LIMITED
REGISTERED NUMBER: 08349700

BALANCE SHEET
AS AT 31 JANUARY 2025

2025
2024
Note
£
£

Tangible assets
  
362
428

  
362
428

Current assets
  

Debtors: amounts falling due within one year
 5 
351
417

Cash at bank and in hand
 6 
1,133
2,584

  
1,484
3,001

Creditors: amounts falling due within one year
 7 
(11,942)
(11,202)

Net liabilities
  
(10,096)
(7,773)


Capital and reserves
  

Called up share capital 
  
100
100

Profit and loss account
  
(10,196)
(7,873)

  
(10,096)
(7,773)


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 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 23 May 2025.




................................................
Stephen Ackroyd
Director

The notes on pages 3 to 9 form part of these financial statements.

Page 1

 
AVSEC RESILIENCE LIMITED
 

STATEMENT OF CHANGES IN EQUITY
FOR THE YEAR ENDED 31 JANUARY 2025


Called up share capital
Profit and loss account
Total equity

£
£
£


At 1 February 2023
100
(4,905)
(4,805)


Comprehensive income for the year

Profit for the year
-
732
732

Dividends: Equity capital
-
(3,700)
(3,700)



At 1 February 2024
100
(7,873)
(7,773)


Comprehensive income for the year

Loss for the year
-
(2,323)
(2,323)


At 31 January 2025
100
(10,196)
(10,096)


The notes on pages 3 to 9 form part of these financial statements.

Page 2

 
AVSEC RESILIENCE LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2025

1.


General information

Avsec Resilience Limited is a private limited company by share capital, incorporated in England & Wales, registration number 08349700. The address of the registered office is Chiltern House, 45 Station Road, Henley-On-Thames, Oxfordshire, England, RG9 1AT.

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 Section 1A of Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006.

The following principal accounting policies have been applied:

 
2.2

Going concern

The financial statements have been prepared on a going concern basis as the director believes adequate resources exist to enable it to meet its working capital requirements for at least twelve months from approval of these financial statements.

 
2.3

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.

Foreign exchange gains and losses resulting from the settlement of transactions and from the translation at period-end exchange rates of monetary assets and liabilities denominated in foreign currencies are recognised in profit or loss except when deferred in other comprehensive income as qualifying cash flow hedges.

Foreign exchange gains and losses that relate to borrowings and cash and cash equivalents are presented in the Profit and Loss Account within 'finance income or costs'. All other foreign exchange gains and losses are presented in profit or loss within 'other operating income'.

Page 3

 
AVSEC RESILIENCE LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2025

2.Accounting policies (continued)

 
2.4

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.

 
2.5

Interest income

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

 
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.

Page 4

 
AVSEC RESILIENCE LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2025

2.Accounting policies (continued)

 
2.8

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.

Deferred tax balances are recognised in respect of all timing differences that have originated but not reversed by the Balance Sheet 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 balance sheet date.

 
2.9

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, using the straight-line method.

Depreciation is provided on the following basis:

Office equipment
-
20%
Computer equipment
-
33%

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.

 
2.10

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.

Page 5

 
AVSEC RESILIENCE LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2025

2.Accounting policies (continued)

 
2.11

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.

 
2.12

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.

 
2.13

Financial instruments

The Company only enters into basic financial instrument transactions that result in the recognition of financial assets and liabilities like trade and other debtors and creditors, loans from banks and other third parties, loans to related parties and investments in non-puttable ordinary shares.

Financial assets that are measured at cost and amortised cost are assessed at the end of each reporting period for objective evidence of impairment. If objective evidence of impairment is found, an impairment loss is recognised in the Profit and Loss Account.

Financial assets and liabilities are offset and the net amount reported in the Balance Sheet when there is an enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

 
2.14

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 1 (2024 - 1).

Page 6

 
AVSEC RESILIENCE LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2025

4.


Tangible fixed assets





Office equipment
Computer equipment
Total

£
£
£



Cost or valuation


At 1 February 2024
-
701
701


Additions
200
-
200



At 31 January 2025

200
701
901



Depreciation


At 1 February 2024
-
273
273


Charge for the year on owned assets
33
233
266



At 31 January 2025

33
506
539



Net book value



At 31 January 2025
167
195
362



At 31 January 2024
-
428
428

Page 7

 
AVSEC RESILIENCE LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2025

5.


Debtors

2025
2024
£
£


Other debtors
351
417

351
417



6.


Cash and cash equivalents

2025
2024
£
£

Cash at bank and in hand
1,133
2,584

Less: bank overdrafts
(1,264)
-

(131)
2,584



7.


Creditors: Amounts falling due within one year

2025
2024
£
£

Bank overdrafts
1,264
-

Trade creditors
-
147

Corporation tax
-
246

Other taxation and social security
-
40

Other creditors
6,663
6,754

Accruals and deferred income
4,015
4,015

11,942
11,202



8.


Share capital

2025
2024
£
£
Allotted, called up and fully paid



100 (2024 - 100) Ordinary shares of £1.00 each
100
100


Page 8

 
AVSEC RESILIENCE LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2025

9.


Related party transactions

Included in other creditors at 31 January 2025, is an amount of £6,659 (2024: £6,173) owed to Stephen Ackroyd, in respect of expenses incurred on behalf of the company. This loan is interest free and is repayable on demand.

 
Page 9