Caseware UK (AP4) 2024.0.164 2024.0.164 2024-11-302024-11-30No description of principal activity15The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.2023-12-01false14falsetruefalse 07943011 2023-12-01 2024-11-30 07943011 2022-12-01 2023-11-30 07943011 2024-11-30 07943011 2023-11-30 07943011 2022-12-01 07943011 c:Director1 2023-12-01 2024-11-30 07943011 d:CurrentFinancialInstruments 2024-11-30 07943011 d:CurrentFinancialInstruments 2023-11-30 07943011 d:CurrentFinancialInstruments d:WithinOneYear 2024-11-30 07943011 d:CurrentFinancialInstruments d:WithinOneYear 2023-11-30 07943011 d:ShareCapital 2024-11-30 07943011 d:ShareCapital 2023-11-30 07943011 d:ShareCapital 2022-12-01 07943011 d:RetainedEarningsAccumulatedLosses 2023-12-01 2024-11-30 07943011 d:RetainedEarningsAccumulatedLosses 2024-11-30 07943011 d:RetainedEarningsAccumulatedLosses 2022-12-01 2023-11-30 07943011 d:RetainedEarningsAccumulatedLosses 2023-11-30 07943011 d:RetainedEarningsAccumulatedLosses 2022-12-01 07943011 c:OrdinaryShareClass1 2023-12-01 2024-11-30 07943011 c:OrdinaryShareClass1 2024-11-30 07943011 c:OrdinaryShareClass1 2023-11-30 07943011 c:FRS102 2023-12-01 2024-11-30 07943011 c:AuditExempt-NoAccountantsReport 2023-12-01 2024-11-30 07943011 c:FullAccounts 2023-12-01 2024-11-30 07943011 c:PrivateLimitedCompanyLtd 2023-12-01 2024-11-30 07943011 e:PoundSterling 2023-12-01 2024-11-30 xbrli:shares iso4217:GBP xbrli:pure

Registered number:  07943011














FSEV LIMITED
FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 30 NOVEMBER 2024


 
FSEV LIMITED
REGISTERED NUMBER: 07943011

STATEMENT OF FINANCIAL POSITION
AS AT 30 NOVEMBER 2024

2024
2023
Note
£
£

  

Current assets
  

Debtors: amounts falling due within one year
 4 
142,202
286,794

Cash at bank and in hand
 5 
6,295
26,151

  
148,497
312,945

Creditors: amounts falling due within one year
 6 
(52,962)
(212,055)

Net current assets
  
 
 
95,535
 
 
100,890

Total assets less current liabilities
  
95,535
100,890

  

Net assets
  
95,535
100,890


Capital and reserves
  

Called up share capital 
 7 
1
1

Profit and loss account
  
95,534
100,889

  
95,535
100,890


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 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 on 26 August 2025.



L Wardle
Director

Page 1

 
FSEV LIMITED
 

STATEMENT OF CHANGES IN EQUITY
FOR THE PERIOD ENDED 30 NOVEMBER 2024


Called up share capital
Profit and loss account
Total equity

£
£
£

At 1 December 2023
1
100,889
100,890



Loss for the period
-
(5,355)
(5,355)


At 30 November 2024
1
95,534
95,535


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


STATEMENT OF CHANGES IN EQUITY
FOR THE PERIOD ENDED 30 NOVEMBER 2023


Called up share capital
Profit and loss account
Total equity

£
£
£

At 1 December 2022
1
79,032
79,033



Profit for the year
-
21,857
21,857


At 30 November 2023
1
100,889
100,890


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

Page 2

 
FSEV LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 30 NOVEMBER 2024

1.


General information

The entity is a private limited liability company, limited by shares registered in England and Wales within the United Kingdom. The registered office is 1804 Beetham Tower, 111 Old Hall Street, Liverpool, L3 9BD and the company number is 07943011.

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 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.

 
2.3

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.

 
2.4

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 3

 
FSEV LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 30 NOVEMBER 2024

2.Accounting policies (continued)

 
2.5

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.

 
2.6

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.

 
2.7

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.



3.


Employees

The average monthly number of employees, including the director, during the period was as follows:


        2024
        2023
            No.
            No.







Administration
15
14

Page 4

 
FSEV LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 30 NOVEMBER 2024

4.


Debtors

2024
2023
£
£


Trade debtors
11
109,794

Other debtors
142,191
177,000

142,202
286,794



5.


Cash and cash equivalents

2024
2023
£
£

Cash at bank and in hand
6,295
26,151

6,295
26,151



6.


Creditors: Amounts falling due within one year

2024
2023
£
£

Trade creditors
3,629
177,357

Corporation tax
-
5,240

Other taxation and social security
47,166
27,495

Other creditors
967
763

Accruals and deferred income
1,200
1,200

52,962
212,055



7.


Share capital

2024
2023
£
£
Allotted, called up and fully paid



1 (2023 - 1) Ordinary share of £1.00
1
1


Page 5

 
FSEV LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 30 NOVEMBER 2024

8.


Related party transactions

Included within the accounts is an amount of £142,191 (2023: £177,000) owed from related parties.
All transactions were conducted at an arms length basis.

 
Page 6