Caseware UK (AP4) 2024.0.164 2024.0.164 2024-12-31 2024-12-31 3 2024-01-01 false No description of principal activity 3 true true false 09469079 2024-01-01 2024-12-31 09469079 2023-01-01 2023-12-31 09469079 2024-12-31 09469079 2023-12-31 09469079 1 2024-01-01 2024-12-31 09469079 d:Director2 2024-01-01 2024-12-31 09469079 d:Director3 2024-01-01 2024-12-31 09469079 d:Director4 2024-01-01 2024-12-31 09469079 d:RegisteredOffice 2024-01-01 2024-12-31 09469079 c:OfficeEquipment 2024-01-01 2024-12-31 09469079 c:OfficeEquipment 2024-12-31 09469079 c:OfficeEquipment 2023-12-31 09469079 c:OfficeEquipment c:OwnedOrFreeholdAssets 2024-01-01 2024-12-31 09469079 c:CurrentFinancialInstruments 2024-12-31 09469079 c:CurrentFinancialInstruments 2023-12-31 09469079 c:CurrentFinancialInstruments c:WithinOneYear 2024-12-31 09469079 c:CurrentFinancialInstruments c:WithinOneYear 2023-12-31 09469079 c:ShareCapital 2024-12-31 09469079 c:ShareCapital 2023-12-31 09469079 c:RetainedEarningsAccumulatedLosses 2024-12-31 09469079 c:RetainedEarningsAccumulatedLosses 2023-12-31 09469079 d:FRS102 2024-01-01 2024-12-31 09469079 d:Audited 2024-01-01 2024-12-31 09469079 d:FullAccounts 2024-01-01 2024-12-31 09469079 d:PrivateLimitedCompanyLtd 2024-01-01 2024-12-31 09469079 c:WithinOneYear 2024-12-31 09469079 c:WithinOneYear 2023-12-31 09469079 d:SmallCompaniesRegimeForAccounts 2024-01-01 2024-12-31 09469079 e:PoundSterling 2024-01-01 2024-12-31 iso4217:GBP xbrli:pure

Registered number: 09469079 (England and Wales) AVIRAT, LTD DIRECTORS' REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024
AVIRAT, LTD
COMPANY INFORMATION
Directors | J Kissoon
| B Spero
| N Van Wagner
Registered number | 09469079
Registered office | Birchin Court
| 5th Floor
| 19-25 Birchin Lane
| London
| United Kingdom
| EC3V 9DU
Independent auditors | ZEDRA Corporate Reporting Services (UK) Limited
AVIRAT, LTD
CONTENTS
| Page
Balance Sheet | 1
Notes to the Financial Statements | 2 - 7
AVIRAT, LTD REGISTERED NUMBER:09469079
BALANCE SHEET AS AT 31 DECEMBER 2024
|  | 2024 |  | 2023
Note |  | £ |  | £
Fixed assets |  |  |  |  |
Tangible assets | 4 |  | 4,774 |  | 9,780
|  |  | 4,774 |  | 9,780
Current assets |  |  |  |  |
Debtors: amounts falling due within one year | 5 | 90,062 |  | 28,089 |
Bank and cash balances |  | 718,236 |  | 309,755 |
|  | 808,298 |  | 337,844 |
Creditors: amounts falling due within one year | 6 | (1,074,419) |  | (725,218) |
Net current liabilities |  |  | (266,121) |  | (387,374)
Total assets less current liabilities |  |  | (261,347) |  | (377,594)
Net liabilities |  |  | (261,347) |  | (377,594)
Capital and reserves |  |  |  |  |
Called up share capital |  |  | 1 |  | 1
Profit and loss account |  |  | (261,348) |  | (377,595)
|  |  | (261,347) |  | (377,594)
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 by:
N Van Wagner
Director
Date: 2 September 2025
The notes on pages 2 to 7 form part of these financial statements. Page 1
AVIRAT, 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 | Going concern
The directors have considered the working capital requirements of the Company for a period of 12 months from the approval of these financial statements. The Company is in a net liability position as at the year end. This is mainly due to an intercompany balance due to the parent company, OurFamilyWizard, LLC. As such, the Company has received written confirmation from its parent company, that it will continue to provide financial support for a period of at least 12 months from the date of signing these financial statements. In making their assessment, the directors have considered future budgets and forecasts available for the parent company, to conclude that they are able to provide the necessary financial support. Based on the anticipated future financial performance, the directors continue to adopt the going concern basis in preparing the financial statements.
| 1.3 | 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. Page 2
AVIRAT, LTD
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024 1.Accounting policies (continued)
| 1.4 | Turnover
Turnover is recognised to the extent that it is probable that the economic benefits will flow to the Company and the turnover can be reliably measured. Turnover is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. The Company recognises turnover from subscription sales to third parties. Rendering of services Turnover is recognised in the period in which the subscription services are provided to the customer and when all of the following conditions are satisfied: ∙the amount of turnover can be measured reliably; ∙it is probable that the Company will receive the consideration due under the subscription; ∙the stage of completion of the subscription at the end of the reporting period can be measured reliably; and ∙the costs incurred and the costs to complete the subscription can be measured reliably.
| 1.5 | 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.
| 1.6 | 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 Balance Sheet. The assets of the plan are held separately from the Company in independently administered funds.
| 1.7 | Intercompany recharges
The Company recharges an amount to its parent company in accordance with an intercompany sales and marketing services agreement. This amount is determined based on the Company achieving an operating profit margin of 5% on an annual basis. The amount is charged or credited to the statement of comprehensive income in the year which it relates to. Page 3
AVIRAT, LTD
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024 1.Accounting policies (continued)
| 1.8 | 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.
| 1.9 | 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, using the straight-line method. Depreciation is provided on the following basis:
|  |  |  | Office equipment | - | 3 years
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.
| 1.10 | Debtors
Debtors are measured at transaction price and subsequently at amortised cost using the effective interest method. Page 4
AVIRAT, LTD
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024 1.Accounting policies (continued)
| 1.11 | Cash and cash equivalents
Cash is represented by cash in hand and deposits with financial institutions.
| 1.12 | Creditors
Creditors are measured at the transaction price. Amounts owed to group undertakings are intercompany loans measured at cost. These loans are unsecured, interest free and repayable on demand.
2. | Auditors' information
The auditors' report on the financial statements for the year ended 31 December 2024 was unqualified. The audit report was signed on 3 September 2025 by Edward Wallis ACA (Senior Statutory Auditor) on behalf of ZEDRA Corporate Reporting Services (UK) Limited.
3. | Employees
The average monthly number of employees during the year was 3 (2023 - 3).
4. | Tangible fixed assets
|  | Office equipment
|  | £
| Cost or valuation |
| At 1 January 2024 | 18,541
| At 31 December 2024 | 18,541
| Depreciation |
| At 1 January 2024 | 8,761
| Charge for the year on owned assets | 5,004
| At 31 December 2024 | 13,765
| Net book value |
| At 31 December 2024 | 4,776
| At 31 December 2023 | 9,780
Page 5
AVIRAT, LTD
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024
5. | Debtors
|  |  |  |  | 2024 | 2023
|  |  |  |  | £ | £
| Other debtors | 3,531 | 8,688
| Prepayments and accrued income | 2,444 | 19,401
| Deferred taxation | 84,087 | -
|  | 90,062 | 28,089
6. | Creditors: Amounts falling due within one year
|  |  |  |  | 2024 | 2023
|  |  |  |  | £ | £
| Trade creditors | - | 1,012
| Amounts owed to group undertakings | 579,703 | 385,193
| Other taxation and social security | 40,959 | 23,118
| Other creditors | 1,042 | 838
| Accruals and deferred income | 452,715 | 315,057
|  | 1,074,419 | 725,218
7. | 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 one year | 18,051 | 17,457
|  | 18,051 | 17,457
8. | Controlling party
OFW Holdings, LLC is the parent of the smallest group for which consolidated financial statements are drawn up of which the Company is a member. The registered office of the parent company is Corporation Trust Center, 1209 Orange Street, Wilmington, DE 19801, USA. Page 6
AVIRAT, LTD
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024
9. | Post balance sheet events
There were no adjusting or non-adjusting events occurring between the end of the reporting period and the date these financial statements were approved.
Page 7