Caseware UK (AP4) 2024.0.164 2024.0.164 2024-12-312024-12-312true2024-01-01No description of principal activity2falsefalseThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.false 11034878 2024-01-01 2024-12-31 11034878 2023-01-01 2023-12-31 11034878 2024-12-31 11034878 2023-12-31 11034878 c:Director1 2024-01-01 2024-12-31 11034878 d:CurrentFinancialInstruments 2024-12-31 11034878 d:CurrentFinancialInstruments 2023-12-31 11034878 d:CurrentFinancialInstruments d:WithinOneYear 2024-12-31 11034878 d:CurrentFinancialInstruments d:WithinOneYear 2023-12-31 11034878 d:ShareCapital 2024-12-31 11034878 d:ShareCapital 2023-12-31 11034878 d:RetainedEarningsAccumulatedLosses 2024-12-31 11034878 d:RetainedEarningsAccumulatedLosses 2023-12-31 11034878 c:FRS102 2024-01-01 2024-12-31 11034878 c:AuditExempt-NoAccountantsReport 2024-01-01 2024-12-31 11034878 c:FullAccounts 2024-01-01 2024-12-31 11034878 c:PrivateLimitedCompanyLtd 2024-01-01 2024-12-31 11034878 2 2024-01-01 2024-12-31 11034878 e:USDollar 2024-01-01 2024-12-31 iso4217:GBP xbrli:pure

Registered number: 11034878









CAPITAL PLATFORM DELTA LTD







UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 31 DECEMBER 2024
 
CAPITAL PLATFORM DELTA LTD
REGISTERED NUMBER: 11034878

BALANCE SHEET
AS AT 31 DECEMBER 2024

2024
2023
Note
$
$

  

Current assets
  

Debtors: amounts falling due within one year
 4 
202,892
1,849,885

Cash at bank and in hand
 5 
53,099
202,064

  
255,991
2,051,949

Creditors: amounts falling due within one year
 6 
(69,118)
(1,814,168)

Net current assets
  
 
 
186,873
 
 
237,781

Total assets less current liabilities
  
186,873
237,781

  

Net assets
  
186,873
237,781


Capital and reserves
  

Called up share capital 
  
127
127

Profit and loss account
  
186,746
237,654

  
186,873
237,781


Page 1
 
CAPITAL PLATFORM DELTA LTD
REGISTERED NUMBER: 11034878
    
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 income and retained earnings 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: 




................................................
D Roberts
Director
Date: 9 September 2025

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

Page 2
 
CAPITAL PLATFORM DELTA LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024

1.


General information

Capital Platform Delta Ltd is a company limited by shares incorporated in England and Wales within the United Kingdom. The address of the registered office is 124 City Road, London, England, EC1V 2NX.
The company's principal activity is the provision of loan finance.
The financial statements are presented in US Dollars which is the functional currency of the company and rounded to the nearest $.
The significant accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all years presented unless otherwise stated.

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 USD.

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 Income and Retained Earnings within 'finance income or costs'. All other foreign exchange gains and losses are presented in profit or loss within 'other operating income'.

 
2.3

Revenue

Turnover comprises revenue recognised by the company in respect of services supplied during the year, exclusive of Value Added Tax and trade discounts.

Page 3
 
CAPITAL PLATFORM DELTA LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024

2.Accounting policies (continued)

 
2.4

Interest income

Interest income is recognised in profit or loss using the effective interest method.

 
2.5

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.

 
2.6

Borrowing costs

All borrowing costs are recognised in profit or loss in the year in which they are incurred.

 
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

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

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.

 
2.10

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 4
 
CAPITAL PLATFORM DELTA LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024

2.Accounting policies (continued)

 
2.11

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.

 
2.12

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.


3.


Employees

The average monthly number of employees, including directors, during the year was 2 (2023 - 2).


4.


Debtors

2024
2023
$
$


Trade debtors
-
1,728,501

Amounts owed by group undertakings
-
1,537

Other debtors
179,892
52,250

Prepayments and accrued income
23,000
67,597

202,892
1,849,885



5.


Cash and cash equivalents

2024
2023
$
$

Cash at bank and in hand
53,099
202,064

53,099
202,064


Page 5
 
CAPITAL PLATFORM DELTA LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024

6.


Creditors: Amounts falling due within one year

2024
2023
$
$

Other loans
-
1,716,267

Amounts owed to group undertakings
65,338
-

Corporation tax
-
14,291

Other creditors
-
79,830

Accruals and deferred income
3,780
3,780

69,118
1,814,168



7.


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 $25,480 (2023 - $19,029). Contributions totalling $Nil (2023 - $Nil) were payable to the fund at the balance sheet date and are included in creditors.


8.


Related party transactions

At the balance sheet date, the company was owed $48,769 (2023: $40,660) by the directors.

 
Page 6