Caseware UK (AP4) 2024.0.164 2024.0.164 2024-12-31 2024-12-31 2024-01-01 false No description of principal activity 10 10 true true The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.false 12012811 2024-01-01 2024-12-31 12012811 2023-01-01 2023-12-31 12012811 2024-12-31 12012811 2023-12-31 12012811 2023-01-01 12012811 1 2024-01-01 2024-12-31 12012811 d:CompanySecretary1 2024-01-01 2024-12-31 12012811 d:Director1 2024-01-01 2024-12-31 12012811 d:Director2 2024-01-01 2024-12-31 12012811 d:RegisteredOffice 2024-01-01 2024-12-31 12012811 c:ComputerEquipment 2024-01-01 2024-12-31 12012811 c:ComputerEquipment 2024-12-31 12012811 c:ComputerEquipment 2023-12-31 12012811 c:ComputerEquipment c:OwnedOrFreeholdAssets 2024-01-01 2024-12-31 12012811 c:CurrentFinancialInstruments 2024-12-31 12012811 c:CurrentFinancialInstruments 2023-12-31 12012811 c:Non-currentFinancialInstruments 2024-12-31 12012811 c:Non-currentFinancialInstruments 2023-12-31 12012811 c:CurrentFinancialInstruments c:WithinOneYear 2024-12-31 12012811 c:CurrentFinancialInstruments c:WithinOneYear 2023-12-31 12012811 c:ShareCapital 2024-12-31 12012811 c:ShareCapital 2023-12-31 12012811 c:ShareCapital 2023-01-01 12012811 c:RetainedEarningsAccumulatedLosses 2024-01-01 2024-12-31 12012811 c:RetainedEarningsAccumulatedLosses 2024-12-31 12012811 c:RetainedEarningsAccumulatedLosses 2023-01-01 2023-12-31 12012811 c:RetainedEarningsAccumulatedLosses 2023-12-31 12012811 c:RetainedEarningsAccumulatedLosses 2023-01-01 12012811 d:OrdinaryShareClass1 2024-01-01 2024-12-31 12012811 d:OrdinaryShareClass1 2024-12-31 12012811 d:OrdinaryShareClass1 2023-12-31 12012811 d:FRS102 2024-01-01 2024-12-31 12012811 d:AuditExempt-NoAccountantsReport 2024-01-01 2024-12-31 12012811 d:FullAccounts 2024-01-01 2024-12-31 12012811 d:PrivateLimitedCompanyLtd 2024-01-01 2024-12-31 12012811 c:WithinOneYear 2024-12-31 12012811 c:WithinOneYear 2023-12-31 12012811 c:BetweenOneFiveYears 2024-12-31 12012811 c:BetweenOneFiveYears 2023-12-31 12012811 e:PoundSterling 2024-01-01 2024-12-31 iso4217:GBP xbrli:shares xbrli:pure

Registered number: 12012811 VICENTE & PARTNERS LTD UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024
VICENTE & PARTNERS LTD CONTENTS
| Page
Company information | 1
Balance sheet | 2 - 3
Statement of changes in equity | 4
Notes to the financial statements | 5 - 11
VICENTE & PARTNERS LTD COMPANY INFORMATION
Directors | A V Sebastian
| L Gaiduk
Company secretary | Broughton Secretaries Limited
Registered number | 12012811
Registered office | 12 Berkeley Street
| London
| W1J 8DT
Accountants | Blick Rothenberg Limited
| Chartered Accountants
| 16 Great Queen Street
| Covent Garden
| London
| WC2B 5AH
Page 1
|  | REGISTERED NUMBER:12012811
VICENTE & PARTNERS LTD BALANCE SHEET AS AT 31 DECEMBER 2024
|  | 2024 |  | 2023
Note |  | £ |  | £
Fixed assets |  |  |  |  |
Tangible assets | 4 |  | 7,295 |  | 7,794
|  |  | 7,295 |  | 7,794
Current assets |  |  |  |  |
Debtors: amounts falling due after more than one year | 5 | - |  | 21,646 |
Debtors: amounts falling due within one year | 5 | 699,459 |  | 735,915 |
Cash at bank and in hand |  | 98,913 |  | 105,525 |
|  | 798,372 |  | 863,086 |
Creditors: amounts falling due within one year | 6 | (292,863) |  | (591,891) |
Net current assets |  |  | 505,509 |  | 271,195
Total assets less current liabilities |  |  | 512,804 |  | 278,989
Net assets |  |  | 512,804 |  | 278,989
Page 2
|  | REGISTERED NUMBER:12012811
VICENTE & PARTNERS LTD BALANCE SHEET (CONTINUED) AS AT 31 DECEMBER 2024
|  | 2024 |  | 2023
Note |  | £ |  | £
Capital and reserves |  |  |  |  |
Called up share capital | 7 |  | 1 |  | 1
Profit and loss account |  |  | 512,803 |  | 278,988
|  |  | 512,804 |  | 278,989
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 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 profit and loss account 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:
L Gaiduk
Director
Date: 3 September 2025
The notes on pages 5 to 11 form part of these financial statements. Page 3
VICENTE & PARTNERS LTD STATEMENT OF CHANGES IN EQUITY FOR THE YEAR ENDED 31 DECEMBER 2024
| Called up share capital | Profit and loss account | Total equity
| £ | £ | £
At 1 January 2023 | 1 | 394,453 | 394,454
Comprehensive income for the year |  |  |
Profit for the financial year | - | 284,620 | 284,620
Contributions by and distributions to owners |  |  |
Dividends: Equity capital | - | (400,085) | (400,085)
At 1 January 2024 | 1 | 278,988 | 278,989
Comprehensive income for the year |  |  |
Profit for the financial year | - | 233,815 | 233,815
At 31 December 2024 | 1 | 512,803 | 512,804
Page 4
VICENTE & PARTNERS LTD NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024
1. | General information
Vicente & Partners Ltd is a private company limited by shares incorporated in England and Wales. The address of Its registered office is 12 Berkeley Street, London, United Kingdom, W1J 8DT. The financial statements are presented in Sterling (£). Monetary amounts in these financial statements are rounded to the nearest £. 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 | Going concern
The company's sole customer is Vicente & Partners LLC, its parent undertaking. The company is therefore, dependent on the financial performance and support of Vicente & Partners LLC, such support the company would not be a going concern. Having considered post year end trading, group forecasts and the financial results of the group and group cash reserves, and after making enquiries of directors of the parent undertaking, the directors have a reasonable expectation that the company has adequate resources to continue in operational existence and meet its liabilities as they fall due for the foreseeable future, being a period of at least twelve months from the date these financial statements were approved. Accordingly, the directors continue to adopt the going concern basis in preparing the financial statements.
| 2.3 | Foreign currency translation
Functional and presentation currency The company's functional and presentational currency is Sterling (£). 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. All foreign exchange gains and losses are presented in profit or loss within 'administrative expenses'. Page 5
VICENTE & PARTNERS LTD NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024 2.Accounting policies (continued)
| 2.4 | Revenue
Revenue from contracts to provide sales and marketing services to the parent company is recognised in the period in which the services are provided. Revenue is recognised to the extent that it is probable that the company will receive the consideration due under the contract and the amount of revenue can be measured reliably. Revenue is measured as the fair value of the consideration received or receivable, excluding value added tax.
| 2.5 | Financial instruments
The company has elected to apply Sections 11 and 12 of FRS 102 in respect of financial instruments. Financial assets and financial liabilities are recognised when the company becomes party to the contractual provisions of the instrument. 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 deducting all of its liabilities. The company’s policies for its major classes of financial assets and financial liabilities are set out below. Financial assets Basic financial assets, including trade and other debtors, cash and bank balances, intercompany working capital balances, and intercompany financing are initially recognised at transaction price, 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 for a similar debt instrument. Financing transactions are those in which payment is deferred beyond normal business terms or is financed at a rate of interest that is not a market rate. Such assets are subsequently carried at amortised cost using the effective interest method, less any impairment. Financial liabilities Basic financial liabilities, including trade and other creditors, bank loans, loans from fellow group companies and preference shares that are classified as debt, are initially recognised at transaction price, unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future payments discounted at a market rate of interest for a similar debt instrument. Financing transactions are those in which payment is deferred beyond normal business terms or is financed at a rate of interest that is not a market rate. Debt instruments are subsequently carried at amortised cost, using the effective interest rate method. Page 6
VICENTE & PARTNERS LTD NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024 2.Accounting policies (continued)
|  | Financial instruments (continued)
Impairment of financial assets Financial assets measured at cost and amortised cost are assessed at the end of each reporting period for objective evidence of impairment. If objective evidence of impairment is found, an impairment loss is recognised in the profit and loss account. For financial assets measured at cost less impairment, the impairment loss is measured as the difference between the asset's carrying amount and the best estimate of the amount the company would receive for the asset if it were to be sold at the reporting date. For financial assets measured at amortised cost, the impairment loss is measured as the difference between the asset's carrying amount and the present value of estimated cash flows discounted at the asset's original effective interest rate. If the financial asset has a variable interest rate, the discount rate for measuring any impairment loss is the current effective interest rate determined under the contract. If there is a decrease in the impairment loss arising from an event occurring after the impairment was recognised, the impairment is reversed. The reversal is such that the current carrying amount does not exceed what the carrying amount would have been had the impairment not previously been recognised. The impairment reversal is recognised in profit or loss. Derecognition of financial assets and financial liabilities Financial assets are derecognised when (a) the contractual rights to the cash flows from the asset expire or are settled, or (b) substantially all the risks and rewards of the ownership of the asset are transferred to another party or (c) despite having retained some significant risks and rewards of ownership, control of the asset has been transferred to another party who has the practical ability to unilaterally sell the asset to an unrelated third party without imposing additional restrictions. Financial liabilities are derecognised when the liability is extinguished, that is when the contractual obligation is discharged, cancelled or expires. Offsetting of financial assets and financial liabilities Financial assets and liabilities are offset and the net amount reported in the balance sheet when there is an 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.
| 2.6 | 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. Page 7
VICENTE & PARTNERS LTD NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024 2.Accounting policies (continued)
| 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.
| 2.8 | Share capital
Ordinary shares are classified as equity.
| 2.9 | Cash
Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours.
| 2.10 | Current and deferred taxation
The tax expense for the year comprises current and deferred tax. Tax is recognised in the profit and loss account. Current tax is the amount of income tax payable in respect of taxable profit for the year or prior years. 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 arises from timing differences that are differences between taxable profits and total comprehensive income as stated in the financial statements. These timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in the financial statements. 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. 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 (2023: 10). Page 8
VICENTE & PARTNERS LTD NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024
4. | Tangible fixed assets
|  | Computer equipment
|  | £
| Cost |
| At 1 January 2024 | 11,437
| Additions | 4,556
| At 31 December 2024 | 15,993
| Depreciation |
| At 1 January 2024 | 3,643
| Charge for the year | 5,055
| At 31 December 2024 | 8,698
| Net book value |
| At 31 December 2024 | 7,295
| At 31 December 2023 | 7,794
5. | Debtors
|  |  |  |  | 2024 | 2023
|  |  |  |  | £ | £
| Due after more than one year |  |
| Other debtors | - | 21,646
|  |  |  |  | 2024 | 2023
|  |  |  |  | £ | £
| Due within one year |  |
| Amounts owed by group undertakings | 592,381 | 613,866
| Other debtors | 73,671 | 71,089
| Prepayments | 33,407 | 50,960
|  | 699,459 | 735,915
Page 9
VICENTE & PARTNERS LTD NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024
6. | Creditors: Amounts falling due within one year
|  |  |  |  | 2024 | 2023
|  |  |  |  | £ | £
| Trade creditors | 18,620 | 12,875
| Corporation tax | 82,885 | 87,964
| Other taxation and social security | 47,796 | 63,358
| Other creditors | 72,030 | -
| Accruals | 71,532 | 427,694
|  | 292,863 | 591,891
7. | Share capital
|  |  |  |  | 2024 | 2023
|  |  |  |  | £ | £
|  | Allotted, called up and fully paid |  |
|  | 1 (2023 - 1) Ordinary share of £1.00 | 1 | 1
8. | Commitments under operating leases
| At 31 December 2024 the company had future minimum lease payments due under non-cancellable operating leases for each of the following periods:
|  |  |  |  | 2024 | 2023
|  |  |  |  | £ | £
| Not later than 1 year | 211,068 | 142,500
| Later than 1 year and not later than 5 years | - | 23,940
|  | 211,068 | 166,440
| Subsequent to the year end, the company entered into a new 5-year operating lease, committing to £154,330 per annum.
9. | Related party transactions
| The company has taken advantage of the exemption contained in FRS 102 section 33 "Related Party Disclosures" from disclosing transactions with entities which are a wholly owned part of the group.
10. | Post balance sheet events
Subsequent to the year end, the company declared a dividend of £250,000. Page 10
VICENTE & PARTNERS LTD NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024
11. | Parent undertaking
The smallest group for which consolidated financial statements are drawn up is headed by Vicente & Partners LLC, whose registered office is 1209 Orange Street, Wilmington, Delaware, United States.
Page 11