Caseware UK (AP4) 2024.0.164 2024.0.164 2025-03-312025-03-31false2024-04-01No description of principal activity64truetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.false 07106993 2024-04-01 2025-03-31 07106993 2023-04-01 2024-03-31 07106993 2025-03-31 07106993 2024-03-31 07106993 c:Director1 2024-04-01 2025-03-31 07106993 d:FurnitureFittings 2024-04-01 2025-03-31 07106993 d:FurnitureFittings 2025-03-31 07106993 d:FurnitureFittings 2024-03-31 07106993 d:FurnitureFittings d:OwnedOrFreeholdAssets 2024-04-01 2025-03-31 07106993 d:CurrentFinancialInstruments 2025-03-31 07106993 d:CurrentFinancialInstruments 2024-03-31 07106993 d:Non-currentFinancialInstruments 2025-03-31 07106993 d:Non-currentFinancialInstruments 2024-03-31 07106993 d:CurrentFinancialInstruments d:WithinOneYear 2025-03-31 07106993 d:CurrentFinancialInstruments d:WithinOneYear 2024-03-31 07106993 d:Non-currentFinancialInstruments d:AfterOneYear 2025-03-31 07106993 d:Non-currentFinancialInstruments d:AfterOneYear 2024-03-31 07106993 d:Non-currentFinancialInstruments d:BetweenOneTwoYears 2025-03-31 07106993 d:Non-currentFinancialInstruments d:BetweenOneTwoYears 2024-03-31 07106993 d:Non-currentFinancialInstruments d:BetweenTwoFiveYears 2025-03-31 07106993 d:Non-currentFinancialInstruments d:BetweenTwoFiveYears 2024-03-31 07106993 d:ShareCapital 2025-03-31 07106993 d:ShareCapital 2024-03-31 07106993 d:RetainedEarningsAccumulatedLosses 2025-03-31 07106993 d:RetainedEarningsAccumulatedLosses 2024-03-31 07106993 c:OrdinaryShareClass1 2024-04-01 2025-03-31 07106993 c:OrdinaryShareClass1 2025-03-31 07106993 c:OrdinaryShareClass1 2024-03-31 07106993 c:FRS102 2024-04-01 2025-03-31 07106993 c:AuditExempt-NoAccountantsReport 2024-04-01 2025-03-31 07106993 c:FullAccounts 2024-04-01 2025-03-31 07106993 c:PrivateLimitedCompanyLtd 2024-04-01 2025-03-31 07106993 2 2024-04-01 2025-03-31 07106993 6 2024-04-01 2025-03-31 07106993 e:PoundSterling 2024-04-01 2025-03-31 xbrli:shares iso4217:GBP xbrli:pure

Registered number: 07106993









PENSIONADMIN LIMITED







UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 31 MARCH 2025

 
PENSIONADMIN LIMITED
REGISTERED NUMBER: 07106993

BALANCE SHEET
AS AT 31 MARCH 2025

2025
2024
Note
£
£

Fixed assets
  

Tangible assets
 4 
2,749
47

Investments
 5 
1
1

  
2,750
48

Current assets
  

Debtors: amounts falling due after more than one year
 6 
30,000
-

Debtors: amounts falling due within one year
 6 
52,125
55,449

Cash at bank and in hand
  
59,055
37,423

  
141,180
92,872

Creditors: amounts falling due within one year
 7 
(116,600)
(91,380)

Net current assets
  
 
 
24,580
 
 
1,492

Total assets less current liabilities
  
27,330
1,540

Creditors: amounts falling due after more than one year
 8 
(1,650)
(7,700)

  

Net assets/(liabilities)
  
25,680
(6,160)


Capital and reserves
  

Called up share capital 
 10 
1,000
1,000

Profit and loss account
  
24,680
(7,160)

  
25,680
(6,160)


Page 1

 
PENSIONADMIN LIMITED
REGISTERED NUMBER: 07106993
    
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 her 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 18 August 2025.




K Blackwill-Davies
Director

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

Page 2

 
PENSIONADMIN 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 07106993.  The Company's registered office is 4 HRFC Business Centre, Leicester Road, Hinckley, United Kingdom, LE10 3DR.
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

Exemption from preparing consolidated financial statements

The Company, and the Group headed by it, qualify as small as set out in section 383 of the Companies Act 2006 and the parent and Group are considered eligible for the exemption to prepare consolidated accounts.

 
2.3

Going concern

The accounts have been prepared on the going concern basis.

 
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:

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

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

2.Accounting policies (continued)

 
2.5

Operating leases: the Company as lessee

Rentals paid under operating leases are charged to profit or loss on a straight-line basis over the lease term.

 
2.6

Interest income

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

 
2.7

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.

 
2.8

Finance costs

All borrowing costs are recognised in profit or loss in the year in which they are incurred.

 
2.9

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.

 
2.10

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 4

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

2.Accounting policies (continued)

 
2.11

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.

The Company adds to the carrying amount of an item of fixed assets the cost of replacing part of such an item when that cost is incurred, if the replacement part is expected to provide incremental future benefits to the Company. The carrying amount of the replaced part is derecognised. Repairs and maintenance are charged to profit or loss during the period in which they are incurred.

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:

Fixtures, fittings and equipment
-
33% 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.

 
2.12

Valuation of investments

Investments in subsidiaries are measured at cost less accumulated impairment.

 
2.13

Debtors

Short term debtors are measured at transaction price, less any impairment.

 
2.14

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.

 
2.15

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.

Page 5

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

2.Accounting policies (continued)

 
2.16

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 6 (2024 - 4).


4.


Tangible fixed assets





Fixtures, fittings and equipment

£



Cost or valuation


At 1 April 2024
21,673


Additions
3,503



At 31 March 2025

25,176



Depreciation


At 1 April 2024
21,626


Charge for the year on owned assets
801



At 31 March 2025

22,427



Net book value



At 31 March 2025
2,749



At 31 March 2024
47

Page 6

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

5.


Fixed asset investments





Investments in subsidiary companies

£



Cost or valuation


At 1 April 2024
1



At 31 March 2025
1




The company holds 100% of the share capital of PA Trustees Limited.
The registered office of the subsidiary undertaking is the same as the registered office of the parent company, being;  4 HRFC Business Centre, Leicester Road, Hinckley, United Kingdom, LE10 3DR.


6.


Debtors

2025
2024
£
£

Due after more than one year

Other debtors
30,000
-

30,000
-


2025
2024
£
£

Due within one year

Trade debtors
23,438
27,929

Other debtors
20,475
20,475

Prepayments and accrued income
8,212
7,045

52,125
55,449


Page 7

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

7.


Creditors: Amounts falling due within one year

2025
2024
£
£

Bank loans
6,600
6,600

Trade creditors
1,528
200

Corporation tax
8,896
2,971

Other taxation and social security
20,160
14,319

Accruals and deferred income
79,416
67,290

116,600
91,380



8.


Creditors: Amounts falling due after more than one year

2025
2024
£
£

Bank loans
1,650
7,700

1,650
7,700


Page 8

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

9.


Loans


Analysis of the maturity of loans is given below:


2025
2024
£
£

Amounts falling due within one year

Bank loans
6,600
6,600


6,600
6,600

Amounts falling due 1-2 years

Bank loans
1,650
6,600


1,650
6,600

Amounts falling due 2-5 years

Bank loans
-
1,100


-
1,100


8,250
14,300


Page 9

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

10.


Share capital

2025
2024
£
£
Allotted, called up and fully paid



1,000 (2024 - 1,000) Ordinary shares of £1.00 each
1,000
1,000



11.Other financial commitments

The total amount of commitments as at the balance sheet date is £31,245 (2024 - £44,291).

 
Page 10