Caseware UK (AP4) 2024.0.164 2024.0.164 2024-12-31 2024-12-31 true No description of principal activity The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.2024-01-01 false 23 20 true false 08203899 2024-01-01 2024-12-31 08203899 2023-01-01 2023-12-31 08203899 2024-12-31 08203899 2023-12-31 08203899 c:Director1 2024-01-01 2024-12-31 08203899 c:Director2 2024-01-01 2024-12-31 08203899 d:PlantMachinery 2024-01-01 2024-12-31 08203899 d:PlantMachinery 2024-12-31 08203899 d:PlantMachinery 2023-12-31 08203899 d:PlantMachinery d:OwnedOrFreeholdAssets 2024-01-01 2024-12-31 08203899 d:MotorVehicles 2024-01-01 2024-12-31 08203899 d:MotorVehicles 2024-12-31 08203899 d:MotorVehicles 2023-12-31 08203899 d:MotorVehicles d:OwnedOrFreeholdAssets 2024-01-01 2024-12-31 08203899 d:FurnitureFittings 2024-01-01 2024-12-31 08203899 d:FurnitureFittings 2024-12-31 08203899 d:FurnitureFittings 2023-12-31 08203899 d:FurnitureFittings d:OwnedOrFreeholdAssets 2024-01-01 2024-12-31 08203899 d:OfficeEquipment 2024-01-01 2024-12-31 08203899 d:OfficeEquipment 2024-12-31 08203899 d:OfficeEquipment 2023-12-31 08203899 d:OfficeEquipment d:OwnedOrFreeholdAssets 2024-01-01 2024-12-31 08203899 d:OwnedOrFreeholdAssets 2024-01-01 2024-12-31 08203899 d:CurrentFinancialInstruments 2024-12-31 08203899 d:CurrentFinancialInstruments 2023-12-31 08203899 d:Non-currentFinancialInstruments 2024-12-31 08203899 d:Non-currentFinancialInstruments 2023-12-31 08203899 d:CurrentFinancialInstruments d:WithinOneYear 2024-12-31 08203899 d:CurrentFinancialInstruments d:WithinOneYear 2023-12-31 08203899 d:Non-currentFinancialInstruments d:AfterOneYear 2024-12-31 08203899 d:Non-currentFinancialInstruments d:AfterOneYear 2023-12-31 08203899 d:Non-currentFinancialInstruments d:BetweenOneTwoYears 2024-12-31 08203899 d:Non-currentFinancialInstruments d:BetweenOneTwoYears 2023-12-31 08203899 d:Non-currentFinancialInstruments d:BetweenTwoFiveYears 2024-12-31 08203899 d:Non-currentFinancialInstruments d:BetweenTwoFiveYears 2023-12-31 08203899 d:ShareCapital 2024-12-31 08203899 d:ShareCapital 2023-12-31 08203899 d:RetainedEarningsAccumulatedLosses 2024-12-31 08203899 d:RetainedEarningsAccumulatedLosses 2023-12-31 08203899 c:FRS102 2024-01-01 2024-12-31 08203899 c:AuditExemptWithAccountantsReport 2024-01-01 2024-12-31 08203899 c:FullAccounts 2024-01-01 2024-12-31 08203899 c:PrivateLimitedCompanyLtd 2024-01-01 2024-12-31 08203899 d:AcceleratedTaxDepreciationDeferredTax 2024-12-31 08203899 d:AcceleratedTaxDepreciationDeferredTax 2023-12-31 08203899 2 2024-01-01 2024-12-31 08203899 e:PoundSterling 2024-01-01 2024-12-31 iso4217:GBP xbrli:pure

Registered number: 08203899 NUPROL LTD UNAUDITED FINANCIAL STATEMENTS INFORMATION FOR FILING WITH THE REGISTRAR FOR THE YEAR ENDED 31 DECEMBER 2024
NUPROL LTD CHARTERED ACCOUNTANTS' REPORT TO THE BOARD OF DIRECTORS ON THE PREPARATION OF THE UNAUDITED STATUTORY FINANCIAL STATEMENTS OF NUPROL LTD FOR THE YEAR ENDED 31 DECEMBER 2024 In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Nuprol Ltd for the year ended 31 December 2024 which comprise the Balance sheet and the related notes from the Company's accounting records and from information and explanations you have given us. As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed at https://www.icaew.com /regulation. This report is made solely to the Board of directors of Nuprol Ltd, as a body, in accordance with the terms of our engagement letter dated 19 September 2023. Our work has been undertaken solely to prepare for your approval the financial statements of Nuprol Ltd and state those matters that we have agreed to state to the Board of directors of Nuprol Ltd, as a body, in this report in accordance with ICAEW Technical Release TECH07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Nuprol Ltd and its Board of directors, as a body, for our work or for this report. It is your duty to ensure that Nuprol Ltd has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Nuprol Ltd. You consider that Nuprol Ltd is exempt from the statutory audit requirement for the year. We have not been instructed to carry out an audit or review of the financial statements of Nuprol Ltd. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements. CWM Chartered Accountants 1a High Street Epsom Surrey KT19 8DA 8 June 2025 Page 1
NUPROL LTD REGISTERED NUMBER: 08203899 BALANCE SHEET AS AT 31 DECEMBER 2024
|  | 2024 |  | 2023
Note |  | £ |  | £
Fixed assets |  |  |  |  |
Tangible assets | 4 |  | 28,896 |  | 32,530
|  |  | 28,896 |  | 32,530
Current assets |  |  |  |  |
Stocks |  | 2,702,335 |  | 2,394,509 |
Debtors: amounts falling due after more than one year | 5 | 19,500 |  | 19,500 |
Debtors: amounts falling due within one year | 5 | 1,530,654 |  | 1,847,181 |
Cash at bank and in hand | 6 | 96,625 |  | 171,031 |
|  | 4,349,114 |  | 4,432,221 |
Creditors: amounts falling due within one year | 7 | (1,663,831) |  | (1,459,639) |
Net current assets |  |  | 2,685,283 |  | 2,972,582
Total assets less current liabilities |  |  | 2,714,179 |  | 3,005,112
Creditors: amounts falling due after more than one year | 8 |  | (220,807) |  | (520,129)
Provisions for liabilities |  |  |  |  |
Deferred tax | 10 | (7,224) |  | (7,224) |
|  |  | (7,224) |  | (7,224)
Net assets |  |  | 2,486,148 |  | 2,477,759
Capital and reserves |  |  |  |  |
Called up share capital |  |  | 2 |  | 2
Profit and loss account |  |  | 2,486,146 |  | 2,477,757
|  |  | 2,486,148 |  | 2,477,759
Page 2
NUPROL LTD REGISTERED NUMBER: 08203899 BALANCE SHEET (CONTINUED) AS AT 31 DECEMBER 2024 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 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 8 June 2025.
B D Maniar | P D Nicholls
Director | Director
The notes on pages 4 to 13 form part of these financial statements. Page 3
NUPROL LTD NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024 1.Accounting policies
| 1.1 | 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:
| 1.2 | 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. 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 Statement of comprehensive income within 'finance income or costs'. All other foreign exchange gains and losses are presented in profit or loss within 'other operating income'. Page 4
NUPROL LTD NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024 1.Accounting policies (continued)
| 1.3 | 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. 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.
| 1.4 | 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. Benefits received and receivable as an incentive to sign an operating lease are recognised on a straight-line basis over the lease term, unless another systematic basis is representative of the time pattern of the lessee's benefit from the use of the leased asset.
| 1.5 | Interest income
Interest income is recognised in profit or loss using the effective interest method.
| 1.6 | 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. Page 5
NUPROL LTD NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024 1.Accounting policies (continued)
| 1.7 | Borrowing costs
All borrowing costs are recognised in profit or loss in the year in which they are incurred.
| 1.8 | 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.
| 1.9 | 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.
| 1.10 | 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. Page 6
NUPROL LTD NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024 1.Accounting policies (continued)
| 1.10 | Tangible fixed assets (continued)
Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, as shown below. Depreciation is provided on the following basis:
|  |  |  | Plant and machinery | - | 10% straight line basis
|  |  |  | Motor vehicles | - | 25% reducing balance basis
|  |  |  | Fixtures and fittings | - | 25% reducing balance basis
|  |  |  | Office equipment | - | 25% reducing balance 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.
| 1.11 | 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 balance sheet 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.
| 1.12 | 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.
| 1.13 | 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.
| 1.14 | 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 7
NUPROL LTD NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024 1.Accounting policies (continued)
| 1.15 | Provisions for liabilities
Provisions are recognised when an event has taken place that gives rise to a legal or constructive obligation, a transfer of economic benefits is probable and a reliable estimate can be made. Provisions are measured as the best estimate of the amount required to settle the obligation, taking into account the related risks and uncertainties. Increases in provisions are generally charged as an expense to profit or loss.
| 1.16 | 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.
2. | General information
The company is a private limited company incorporated in England and Wales. Its principal place of business is situated at Unit 11, Epsom Business Park, Kiln Lane, Epsom, Surrey KT17 1JF.
3. | Employees
| The average monthly number of employees, including directors, during the year was 23 (2023 - 20).
Page 8
NUPROL LTD NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024
4. | Tangible fixed assets
|  | Plant and machinery | Motor vehicles | Fixtures and fittings | Office equipment | Total
|  | £ | £ | £ | £ | £
| Cost or valuation |  |  |  |  |
| At 1 January 2024 | 32,113 | 19,479 | 42,691 | 15,025 | 109,308
| Additions | 4,105 | - | - | - | 4,105
| At 31 December 2024 | 36,218 | 19,479 | 42,691 | 15,025 | 113,413
| Depreciation |  |  |  |  |
| At 1 January 2024 | 16,054 | 17,774 | 32,168 | 10,782 | 76,778
| Charge for the year on owned assets | 3,621 | 426 | 2,631 | 1,061 | 7,739
| At 31 December 2024 | 19,675 | 18,200 | 34,799 | 11,843 | 84,517
| Net book value |  |  |  |  |
| At 31 December 2024 | 16,543 | 1,279 | 7,892 | 3,182 | 28,896
| At 31 December 2023 | 16,059 | 1,705 | 10,523 | 4,243 | 32,530
5. | Debtors
|  |  |  |  | 2024 | 2023
|  |  |  |  | £ | £
| Due after more than one year |  |
| Tax recoverable S455 CTA 2010 | 19,500 | 19,500
|  | 19,500 | 19,500
|  |  |  |  | 2024 | 2023
|  |  |  |  | £ | £
| Due within one year |  |
| Trade debtors | 1,400,297 | 1,693,801
| Other debtors | 115,729 | 113,679
| Prepayments and accrued income | 14,628 | 39,701
|  | 1,530,654 | 1,847,181
Page 9
NUPROL LTD NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024 5.Debtors (continued)
6. | Cash and cash equivalents
|  |  |  |  | 2024 | 2023
|  |  |  |  | £ | £
| Cash at bank and in hand | 96,625 | 171,031
|  | 96,625 | 171,031
7. | Creditors: Amounts falling due within one year
|  |  |  |  | 2024 | 2023
|  |  |  |  | £ | £
| Bank loans | 200,140 | 220,400
| Other loans | 118,805 | 491,970
| Trade creditors | 190,728 | 137,933
| Corporation tax | 542,003 | 256,489
| Other taxation and social security | 121,115 | 195,872
| Other creditors | 488,090 | 154,255
| Accruals and deferred income | 2,950 | 2,720
|  | 1,663,831 | 1,459,639
| The following liabilities were secured:
|  |  |  |  | 2024 | 2023
|  |  |  |  | £ | £
| Bank loans | 200,140 | 220,400
|  | 200,140 | 220,400
| Details of security provided:
The bank loans are secured by a fixed and floating charge over all the property or undertaking of the company. Page 10
NUPROL LTD NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024
8. | Creditors: Amounts falling due after more than one year
|  |  |  |  | 2024 | 2023
|  |  |  |  | £ | £
| Bank loans | 116,819 | 296,629
| Other loans | 103,988 | 223,500
|  | 220,807 | 520,129
| The following liabilities were secured:
|  |  |  |  | 2024 | 2023
|  |  |  |  | £ | £
| Bank loans | 116,819 | 296,629
|  | 116,819 | 296,629
| Details of security provided:
The bank loans are secured over all the property and undertaking of the company. Page 11
NUPROL LTD NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024
9. | Loans
| Analysis of the maturity of loans is given below:
|  |  |  |  | 2024 | 2023
|  |  |  |  | £ | £
| Amounts falling due within one year |  |
| Bank loans | 200,140 | 220,400
| Other loans | 118,805 | 491,970
|  | 318,945 | 712,370
| Amounts falling due 1-2 years |  |
| Bank loans | 116,819 | 220,400
| Other loans | 50,796 | 117,065
|  | 167,615 | 337,465
| Amounts falling due 2-5 years |  |
| Bank loans | - | 76,229
| Other loans | 53,192 | 106,435
|  | 53,192 | 182,664
|  | 539,752 | 1,232,499
10. | Deferred taxation
|  | 2024
|  | £
| At beginning of year | (7,224)
| At end of year | (7,224)
Page 12
NUPROL LTD NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024 10.Deferred taxation (continued)
| The provision for deferred taxation is made up as follows:
|  |  |  |  | 2024 | 2023
|  |  |  |  | £ | £
| Accelerated capital allowances | (7,224) | (7,224)
|  | (7,224) | (7,224)
11. | Pension commitments
The Company operates a defined contributions pension scheme. The assets of the scheme are held separately from those of the Company in an independently administered fund. The pension cost charge represents contributions payable by the Company to the fund and amounted to £292,674 (2023 - £131,160).
Page 13