Caseware UK (AP4) 2024.0.164 2024.0.164 2025-02-282025-02-28true2024-03-0110falseNo description of principal activity7trueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.false 08454299 2024-03-01 2025-02-28 08454299 2023-03-01 2024-02-29 08454299 2025-02-28 08454299 2024-02-29 08454299 c:Director1 2024-03-01 2025-02-28 08454299 d:OfficeEquipment 2024-03-01 2025-02-28 08454299 d:OfficeEquipment 2025-02-28 08454299 d:OfficeEquipment 2024-02-29 08454299 d:OfficeEquipment d:OwnedOrFreeholdAssets 2024-03-01 2025-02-28 08454299 d:DevelopmentCostsCapitalisedDevelopmentExpenditure 2024-03-01 2025-02-28 08454299 d:Goodwill 2024-03-01 2025-02-28 08454299 d:Goodwill 2025-02-28 08454299 d:Goodwill 2024-02-29 08454299 d:ComputerSoftware 2025-02-28 08454299 d:ComputerSoftware 2024-02-29 08454299 d:CurrentFinancialInstruments 2025-02-28 08454299 d:CurrentFinancialInstruments 2024-02-29 08454299 d:CurrentFinancialInstruments d:WithinOneYear 2025-02-28 08454299 d:CurrentFinancialInstruments d:WithinOneYear 2024-02-29 08454299 d:ShareCapital 2025-02-28 08454299 d:ShareCapital 2024-02-29 08454299 d:RetainedEarningsAccumulatedLosses 2025-02-28 08454299 d:RetainedEarningsAccumulatedLosses 2024-02-29 08454299 c:FRS102 2024-03-01 2025-02-28 08454299 c:AuditExempt-NoAccountantsReport 2024-03-01 2025-02-28 08454299 c:FullAccounts 2024-03-01 2025-02-28 08454299 c:PrivateLimitedCompanyLtd 2024-03-01 2025-02-28 08454299 2 2024-03-01 2025-02-28 08454299 d:Goodwill d:OwnedIntangibleAssets 2024-03-01 2025-02-28 08454299 d:ComputerSoftware d:OwnedIntangibleAssets 2024-03-01 2025-02-28 08454299 e:PoundSterling 2024-03-01 2025-02-28 iso4217:GBP xbrli:pure

Registered number: 08454299






 

PARTNERS IN PLANNING AND ARCHITECTURE LIMITED


 

UNAUDITED

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 28 FEBRUARY 2025

 
PARTNERS IN PLANNING AND ARCHITECTURE LIMITED
REGISTERED NUMBER:08454299

BALANCE SHEET
AS AT 28 FEBRUARY 2025

28 February
29 February
2025
2024
Note
£
£

Fixed assets
  

Intangible assets
 4 
-
250

Tangible assets
 5 
4,512
4,154

  
4,512
4,404

Current assets
  

Debtors
 6 
96,172
157,088

Cash at bank and in hand
  
17,291
36,722

  
113,463
193,810

Creditors: amounts falling due within one year
 7 
(81,447)
(108,122)

Net current assets
  
 
 
32,016
 
 
85,688

Total assets less current liabilities
  
36,528
90,092

Provisions for liabilities
  

Deferred tax
  
(2,198)
(690)

Net assets
  
34,330
89,402


Capital and reserves
  

Called up share capital 
  
1,000
1,000

Profit and loss account
  
33,330
88,402

  
34,330
89,402


Page 1

 
PARTNERS IN PLANNING AND ARCHITECTURE LIMITED
REGISTERED NUMBER:08454299
    
BALANCE SHEET (CONTINUED)
AS AT 28 FEBRUARY 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 comprehensive income 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: 




................................................
Mr C A Bussetil
Director

Date: 18 August 2025

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

Page 2

 
PARTNERS IN PLANNING AND ARCHITECTURE LIMITED
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 28 FEBRUARY 2025

1.


General information

Partners in Planning and Architecture Limited (“the company”) is a private company limited by shares incorporated in England and Wales under the Companies Act. 
The registered number and address of the registered office are given in the company information.
The functional and presentational currency of the company is pounds sterling (£) and rounded to the nearest whole pound.

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 preparation of financial statements in compliance with FRS 102 requires the use of certain critical accounting estimates. It also requires management to exercise judgment 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.

Page 3

 
PARTNERS IN PLANNING AND ARCHITECTURE LIMITED
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 28 FEBRUARY 2025

2.Accounting policies (continued)

 
2.3

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.

 The estimated useful lives range as follows:

Computer software
-
5
years
Goodwill
-
5
years

 
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.

At each reporting date the Company assesses whether there is any indication of impairment. If such indication exists, the recoverable amount of the asset is determined which is the higher of its fair value less costs to sell and its value in use. An impairment loss is recognised where the carrying amount exceeds the recoverable amount.

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
-
25% on straight line basis

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

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.

 
2.6

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.

Page 4

 
PARTNERS IN PLANNING AND ARCHITECTURE LIMITED
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 28 FEBRUARY 2025

2.Accounting policies (continued)

 
2.7

Financial instruments

The Company has elected to apply the provisions of Section 11 “Basic Financial Instruments” of FRS 102 to all of its financial instruments.

Financial instruments are recognised in the Company's Balance sheet when the Company becomes party to the contractual provisions of the instrument.

Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally 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.

Basic financial assets

Basic financial assets, which include trade and other debtors, cash and bank balances, are initially measured at their transaction price (adjusted for transaction costs except in the initial measurement of financial assets that are subsequently measured at fair value through profit and loss) and are subsequently carried at their amortised cost using the effective interest method, less any provision for impairment, unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest.

Discounting is omitted where the effect of discounting is immaterial. The Company's cash and cash equivalents, trade and most other debtors due with the operating cycle fall into this category of financial instruments.

Basic financial liabilities

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the Company after the deduction of all its liabilities.

Basic financial liabilities, which include trade and other creditors, bank loans and other loans are initially measured at their transaction price (adjusting for transaction costs except in the initial measurement of financial liabilities that are subsequently measured at fair value through profit and loss). When this constitutes a financing transaction, whereby the debt instrument is measured at the present value of the future payments discounted at a market rate of interest, discounting is omitted where the effect of discounting is immaterial.

Debt instruments are subsequently carried at their amortised cost using the effective interest rate method.

Trade creditors are obligations to pay for goods and services that have been acquired in the ordinary course of business from suppliers. Trade creditors are classified as current liabilities if the payment is due within one year. If not, they represent non-current liabilities. Trade creditors are initially recognised at their transaction price and subsequently are measured at amortised cost using the effective interest method. Discounting is omitted where the effect of discounting is immaterial.

Page 5

 
PARTNERS IN PLANNING AND ARCHITECTURE LIMITED
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 28 FEBRUARY 2025

2.Accounting policies (continued)


2.7
Financial instruments (continued)

Derecognition of financial instruments

Derecognition of financial assets

Financial assets are derecognised when their contractual right to future cash flow expire, or are settled, or when the Company transfers the asset and substantially all the risks and rewards of ownership to another party. If significant risks and rewards of ownership are retained after the transfer to another party, then the Company will continue to recognise the value of the portion of the risks and rewards retained.

Derecognition of financial liabilities

Financial liabilities are derecognised when the Company's contractual obligations expire or are discharged or cancelled.

 
2.8

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.

 
2.9

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.

 
2.10

Pensions

Defined contribution pension plan

The company operates a defined contribution plan for its directors and 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 the Statement of comprehensive income when they fall due. Amounts not paid are shown in other creditors as a liability in the balance sheet. The assets of the plan are held separately from the company in independently administered funds.

 
2.11

Interest income

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

Page 6

 
PARTNERS IN PLANNING AND ARCHITECTURE LIMITED
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 28 FEBRUARY 2025

2.Accounting policies (continued)

 
2.12

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 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.



3.


Employees

The average monthly number of employees, including directors, during the year was 10 (2024 - 7).

Page 7

 
PARTNERS IN PLANNING AND ARCHITECTURE LIMITED
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 28 FEBRUARY 2025

4.


Intangible assets






Computer software
Goodwill
Total

£
£
£



Cost


At 1 March 2024
3,200
10,000
13,200



At 28 February 2025

3,200
10,000
13,200



Amortisation


At 1 March 2024
2,950
10,000
12,950


Charge for the year on owned assets
250
-
250



At 28 February 2025

3,200
10,000
13,200



Net book value



At 28 February 2025
-
-
-



At 29 February 2024
250
-
250



Page 8

 
PARTNERS IN PLANNING AND ARCHITECTURE LIMITED
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 28 FEBRUARY 2025

5.


Tangible fixed assets







Office equipment

£



Cost 


At 1 March 2024
59,235


Additions
3,689



At 28 February 2025

62,924



Depreciation


At 1 March 2024
55,081


Charge for the year on owned assets
3,331



At 28 February 2025

58,412



Net book value



At 28 February 2025
4,512



At 29 February 2024
4,154


6.


Debtors

28 February
29 February
2025
2024
£
£



Trade debtors
40,762
101,813

Amounts owed by group undertakings
50,000
50,000

Other debtors
-
2,015

Prepayments and accrued income
5,410
3,260

96,172
157,088


Amounts owed by group undertakings are unsecured, interest free and repayable on demand.

Page 9

 
PARTNERS IN PLANNING AND ARCHITECTURE LIMITED
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 28 FEBRUARY 2025

7.


Creditors: Amounts falling due within one year

28 February
29 February
2025
2024
£
£

Trade creditors
2,660
26,978

Corporation tax
34,906
36,806

Other taxation and social security
28,381
33,178

Other creditors
3,929
4,196

Accruals and deferred income
11,571
6,964

81,447
108,122



8.


Pension commitments

The company contributes to a defined contribution pension scheme for its employees and directors. At the balance sheet date contributions totalling £1,034 (2024: £931) were outstanding. This amount is included within other creditors.


9.


Related party transactions

Included within other creditors is a balance of £2,793 (2024: £908) owed to a director.
Also included within other creditors is a balance of £102 (2024: £102) owed to a second director.
These balances are interest free and repayable on demand.


10.


Controlling party

The ultimate parent company is Partners in Planning and Architecture Holdings Limited, a company registered in England and Wales, which owns 100% of the company's issued share capital. The registered office of Partners in Planning and Architecture Holdings Limited is Suite 2, Clare Hall, St Ives Business Park, Parsons Green, St Ives, PE27 4WY.

 
Page 10