Caseware UK (AP4) 2024.0.164 2024.0.164 2025-03-31 2025-03-31 2024-04-01 false No description of principal activity 9 6 false true The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.false 07146235 2024-04-01 2025-03-31 07146235 2023-04-01 2024-03-31 07146235 2025-03-31 07146235 2024-03-31 07146235 c:Director12 2024-04-01 2025-03-31 07146235 d:PlantMachinery 2024-04-01 2025-03-31 07146235 d:OtherPropertyPlantEquipment 2024-04-01 2025-03-31 07146235 d:OtherPropertyPlantEquipment 2025-03-31 07146235 d:OtherPropertyPlantEquipment 2024-03-31 07146235 d:OtherPropertyPlantEquipment d:OwnedOrFreeholdAssets 2024-04-01 2025-03-31 07146235 d:PatentsTrademarksLicencesConcessionsSimilar 2025-03-31 07146235 d:PatentsTrademarksLicencesConcessionsSimilar 2024-03-31 07146235 d:CurrentFinancialInstruments 2025-03-31 07146235 d:CurrentFinancialInstruments 2024-03-31 07146235 d:CurrentFinancialInstruments d:WithinOneYear 2025-03-31 07146235 d:CurrentFinancialInstruments d:WithinOneYear 2024-03-31 07146235 d:ShareCapital 2025-03-31 07146235 d:ShareCapital 2024-03-31 07146235 d:SharePremium 2025-03-31 07146235 d:SharePremium 2024-03-31 07146235 d:RetainedEarningsAccumulatedLosses 2025-03-31 07146235 d:RetainedEarningsAccumulatedLosses 2024-03-31 07146235 c:FRS102 2024-04-01 2025-03-31 07146235 c:AuditExempt-NoAccountantsReport 2024-04-01 2025-03-31 07146235 c:FullAccounts 2024-04-01 2025-03-31 07146235 c:PrivateLimitedCompanyLtd 2024-04-01 2025-03-31 07146235 d:Subsidiary1 2024-04-01 2025-03-31 07146235 d:Subsidiary1 1 2024-04-01 2025-03-31 07146235 d:Subsidiary2 2024-04-01 2025-03-31 07146235 d:Subsidiary2 1 2024-04-01 2025-03-31 07146235 d:Subsidiary3 2024-04-01 2025-03-31 07146235 d:Subsidiary3 1 2024-04-01 2025-03-31 07146235 d:Subsidiary4 2024-04-01 2025-03-31 07146235 d:Subsidiary4 1 2024-04-01 2025-03-31 07146235 d:Subsidiary5 2024-04-01 2025-03-31 07146235 d:Subsidiary5 1 2024-04-01 2025-03-31 07146235 2 2024-04-01 2025-03-31 07146235 6 2024-04-01 2025-03-31 07146235 d:PatentsTrademarksLicencesConcessionsSimilar d:OwnedIntangibleAssets 2024-04-01 2025-03-31 07146235 e:PoundSterling 2024-04-01 2025-03-31 iso4217:GBP xbrli:pure

Registered number: 07146235 MATOKE HOLDINGS LIMITED UNAUDITED FINANCIAL STATEMENTS INFORMATION FOR FILING WITH THE REGISTRAR FOR THE YEAR ENDED 31 MARCH 2025
MATOKE HOLDINGS LIMITED REGISTERED NUMBER: 07146235 BALANCE SHEET AS AT 31 MARCH 2025
|  | 2025 |  | 2024
Note |  | £ |  | £
Fixed assets |  |  |  |  |
Intangible assets | 4 |  | 3,269 |  | 4,387
Tangible assets |  |  | 54,236 |  | -
Investments | 6 |  | 1,003 |  | 1,003
|  |  | 58,508 |  | 5,390
Current assets |  |  |  |  |
Debtors: amounts falling due within one year | 7 | 201,941 |  | 203,953 |
Cash at bank and in hand | 8 | 129,049 |  | 424,950 |
|  | 330,990 |  | 628,903 |
Creditors: amounts falling due within one year | 9 | (478,713) |  | (389,495) |
Net current (liabilities)/assets |  |  | (147,723) |  | 239,408
Total assets less current liabilities |  |  | (89,215) |  | 244,798
Net (liabilities)/assets |  |  | (89,215) |  | 244,798
Capital and reserves |  |  |  |  |
Called up share capital |  |  | 3,399 |  | 3,199
Share premium account |  |  | 11,148,878 |  | 10,149,078
Profit and loss account |  |  | (11,241,492) |  | (9,907,479)
|  |  | (89,215) |  | 244,798
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 28 August 2025. Page 1
MATOKE HOLDINGS LIMITED REGISTERED NUMBER: 07146235 BALANCE SHEET (CONTINUED) AS AT 31 MARCH 2025
William Wijnberg
Director
The notes on pages 3 to 10 form part of these financial statements. Page 2
MATOKE HOLDINGS LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025
1. | General information
Matoke Holdings Limited is a private company, limited by shares, domiciled in England and Wales. Its registered office is 2 Michaels Court, Hanney Road, Southmoor, Oxon, OX13 5HR. 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 following principal accounting policies have been applied:
| 2.2 | 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. Page 3
MATOKE HOLDINGS LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 2.Accounting policies (continued)
| 2.3 | 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.
| 2.4 | 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.
| 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 | 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. Page 4
MATOKE HOLDINGS LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 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.
| 2.9 | 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.
| 2.10 | Development costs
Costs relating to research and development have been included within expenditure.
| 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. Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, on a reducing balance basis. Depreciation is provided on the following basis:
|  |  |  | Plant & machinery | - | 20% Reducing Balance
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. Page 5
MATOKE HOLDINGS LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 2.Accounting policies (continued)
| 2.13 | 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.
| 2.14 | 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.
3. | Employees
|  |  |  |  | 2025 | 2024
|  |  |  |  | £ | £
| Wages and salaries | 624,313 | 528,872
| Social security costs | 68,280 | 61,188
| Cost of defined contribution scheme | 54,125 | 37,787
|  | 746,718 | 627,847
| The average monthly number of employees, including directors, during the Year was 9 (2024 - 6).
Page 6
MATOKE HOLDINGS LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025
4. | Intangible assets
|  | Patents
|  | £
| Cost |
| At 1 April 2024 | 22,335
| At 31 March 2025 | 22,335
| Amortisation |
| At 1 April 2024 | 17,949
| Charge for the Year on owned assets | 1,117
| At 31 March 2025 | 19,066
| Net book value |
| At 31 March 2025 | 3,269
| At 31 March 2024 | 4,387
Page 7
MATOKE HOLDINGS LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025
5. | Tangible fixed assets
|  | Other fixed assets
|  | £
| Cost or valuation |
| Additions | 67,795
| At 31 March 2025 | 67,795
| Depreciation |
| Charge for the Year on owned assets | 13,559
| At 31 March 2025 | 13,559
| Net book value |
| At 31 March 2025 | 54,236
| At 31 March 2024 | -
6. | Fixed asset investments
|  | Investments in subsidiary companies
|  | £
| Cost or valuation |
| At 1 April 2024 | 1,003
| At 31 March 2025 | 1,003
Page 8
MATOKE HOLDINGS LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025
| Subsidiary undertakings
| The following were subsidiary undertakings of the Company:
| Name | Class of shares | Holding
| Sociedad Rio San Pedro Miel Limitada | Ordinary | 100%
| Reactive Oxygen Ltd | Ordinary | 100%
| Surgihoney Ltd | Ordinary | 100%
| Matoke Pharma Ltd | Ordinary | 100%
| Matoke Pharmaceutical Ltd | Ordinary | 100%
7. | Debtors
|  |  |  |  | 2025 | 2024
|  |  |  |  | £ | £
| Other debtors | 201,941 | 198,688
| Prepayments and accrued income | - | 5,265
|  | 201,941 | 203,953
8. | Cash and cash equivalents
|  |  |  |  | 2025 | 2024
|  |  |  |  | £ | £
| Cash at bank and in hand | 129,049 | 424,950
|  | 129,049 | 424,950
9. | Creditors: Amounts falling due within one year
|  |  |  |  | 2025 | 2024
|  |  |  |  | £ | £
| Trade creditors | 34,655 | 112,721
| Other taxation and social security | 25,134 | 23,053
| Other creditors | 268,816 | 103,614
| Accruals and deferred income | 150,108 | 150,107
|  | 478,713 | 389,495
Page 9
MATOKE HOLDINGS LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025
10. | 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 £54,125 (2024 - £37,787) .
Page 10