Caseware UK (AP4) 2024.0.164 2024.0.164 2024-12-31 2024-12-31 Provision of managed IT and telecommunications services, including IT support, cyber security, unified communications, and cloud solutions.18 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 18 true true false 06034836 2024-01-01 2024-12-31 06034836 2023-01-01 2023-12-31 06034836 2024-12-31 06034836 2023-12-31 06034836 c:Director1 2024-01-01 2024-12-31 06034836 d:PlantMachinery 2024-01-01 2024-12-31 06034836 d:MotorVehicles 2024-01-01 2024-12-31 06034836 d:MotorVehicles 2024-12-31 06034836 d:MotorVehicles 2023-12-31 06034836 d:MotorVehicles d:OwnedOrFreeholdAssets 2024-01-01 2024-12-31 06034836 d:MotorVehicles d:LeasedAssetsHeldAsLessee 2024-01-01 2024-12-31 06034836 d:FurnitureFittings 2024-01-01 2024-12-31 06034836 d:FurnitureFittings 2024-12-31 06034836 d:FurnitureFittings 2023-12-31 06034836 d:FurnitureFittings d:OwnedOrFreeholdAssets 2024-01-01 2024-12-31 06034836 d:FurnitureFittings d:LeasedAssetsHeldAsLessee 2024-01-01 2024-12-31 06034836 d:ComputerEquipment 2024-01-01 2024-12-31 06034836 d:ComputerEquipment 2024-12-31 06034836 d:ComputerEquipment 2023-12-31 06034836 d:ComputerEquipment d:OwnedOrFreeholdAssets 2024-01-01 2024-12-31 06034836 d:ComputerEquipment d:LeasedAssetsHeldAsLessee 2024-01-01 2024-12-31 06034836 d:OwnedOrFreeholdAssets 2024-01-01 2024-12-31 06034836 d:LeasedAssetsHeldAsLessee 2024-01-01 2024-12-31 06034836 d:Goodwill 2024-12-31 06034836 d:Goodwill 2023-12-31 06034836 d:CurrentFinancialInstruments 2024-12-31 06034836 d:CurrentFinancialInstruments 2023-12-31 06034836 d:Non-currentFinancialInstruments 2024-12-31 06034836 d:Non-currentFinancialInstruments 2023-12-31 06034836 d:CurrentFinancialInstruments d:WithinOneYear 2024-12-31 06034836 d:CurrentFinancialInstruments d:WithinOneYear 2023-12-31 06034836 d:Non-currentFinancialInstruments d:AfterOneYear 2024-12-31 06034836 d:Non-currentFinancialInstruments d:AfterOneYear 2023-12-31 06034836 d:ShareCapital 2024-12-31 06034836 d:ShareCapital 2023-12-31 06034836 d:RetainedEarningsAccumulatedLosses 2024-12-31 06034836 d:RetainedEarningsAccumulatedLosses 2023-12-31 06034836 d:AcceleratedTaxDepreciationDeferredTax 2024-12-31 06034836 d:AcceleratedTaxDepreciationDeferredTax 2023-12-31 06034836 d:OtherDeferredTax 2024-12-31 06034836 d:OtherDeferredTax 2023-12-31 06034836 c:FRS102 2024-01-01 2024-12-31 06034836 c:AuditExempt-NoAccountantsReport 2024-01-01 2024-12-31 06034836 c:FullAccounts 2024-01-01 2024-12-31 06034836 c:PrivateLimitedCompanyLtd 2024-01-01 2024-12-31 06034836 d:WithinOneYear 2024-12-31 06034836 d:WithinOneYear 2023-12-31 06034836 d:BetweenOneFiveYears 2024-12-31 06034836 d:BetweenOneFiveYears 2023-12-31 06034836 d:MotorVehicles d:LeasedAssetsHeldAsLessee 2024-12-31 06034836 d:MotorVehicles d:LeasedAssetsHeldAsLessee 2023-12-31 06034836 d:LeasedAssetsHeldAsLessee 2024-12-31 06034836 d:LeasedAssetsHeldAsLessee 2023-12-31 06034836 e:PoundSterling 2024-01-01 2024-12-31 iso4217:GBP xbrli:pure

Registered number: 06034836 IT3000 LIMITED UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024
IT3000 LIMITED REGISTERED NUMBER: 06034836 BALANCE SHEET AS AT 31 DECEMBER 2024
|  | 2024 |  | 2023
Note |  | £ |  | £
Fixed assets |  |  |  |  |
Tangible assets | 5 |  | 100,075 |  | 150,834
Current assets |  |  |  |  |
Stocks |  | 18,329 |  | 18,880 |
Debtors: amounts falling due within one year | 6 | 246,110 |  | 179,381 |
Cash at bank and in hand |  | 576,215 |  | 456,491 |
|  | 840,654 |  | 654,752 |
Creditors: amounts falling due within one year | 7 | (332,499) |  | (180,191) |
Net current assets |  |  | 508,155 |  | 474,561
Total assets less current liabilities |  |  | 608,230 |  | 625,395
Creditors: amounts falling due after more than one year | 8 |  | (14,885) |  | (155,745)
Provisions for liabilities |  |  |  |  |
Deferred tax |  |  | (18,490) |  | -
Net assets |  |  | 574,855 |  | 469,650
Capital and reserves |  |  |  |  |
Called up share capital |  |  | 102 |  | 102
Profit and loss account |  |  | 574,753 |  | 469,548
|  |  | 574,855 |  | 469,650
Page 1
IT3000 LIMITED REGISTERED NUMBER: 06034836 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 on 12 September 2025.
I Snow
Director
The notes on pages 3 to 9 form part of these financial statements. Page 2
IT3000 LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024
1. | General information
IT3000 Limited is a private company limited by shares, incorporated in England and Wales (registered number: 06034836). Its registered office is C/O Central Technology, Quantum Point, Sheepbridge Lane, Chesterfield, England, S41 9RX. The principal activity of the Company throughout the year was that of the provision of managed IT and telecommunications services, including IT support, cyber security, unified communications, and cloud solutions. 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 company's functional and presentation currency id pounds sterling. The following principal accounting policies have been applied:
| 2.2 | 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. Page 3
IT3000 LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024 2.Accounting policies (continued)
| 2.3 | 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.
| 2.4 | Leased assets: the Company as lessee
Assets obtained under hire purchase contracts and finance leases are capitalised as tangible fixed assets. Assets acquired by finance lease are depreciated over the shorter of the lease term and their useful lives. Assets acquired by hire purchase are depreciated over their useful lives. Finance leases are those where substantially all of the benefits and risks of ownership are assumed by the company. Obligations under such agreements are included in creditors net of the finance charge allocated to future periods. The finance element of the rental payment is charged to profit or loss so as to produce a constant periodic rate of charge on the net obligation outstanding in each period.
| 2.5 | 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.
| 2.6 | Current and deferred taxation
Tax is recognised in the Statement of Income and Retained Earnings. 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
| 2.7 | 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 4
IT3000 LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024 2.Accounting policies (continued)
| 2.7 | 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 follows. The depreciation rates used are:
|  |  |  | Plant and machinery | - | 25% | Reducing balance
|  |  |  | Motor vehicles | - | 25% | Reducing balance
|  |  |  | Fixtures and fittings | - | 25% | Reducing balance
|  |  |  | Computer equipment | - | 25% | 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.
| 2.8 | 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 weighted average 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.
| 2.9 | Financial instruments
The Company only enters into basic financial instrument transactions that result in the recognition of financial assets and liabilities such as bank and cash balances, trade and other accounts receivable and payable, loans from banks and other third parties and loans to and from related parties. Debt instruments (other than those wholly repayable or receivable within one year), including loans and other accounts receivable and payable, are initially measured at the transaction price and subsequently at amortised cost using the effective interest method. Debt instruments that are payable or receivable within one year, typically trade payables or receivables, are measured, initially and subsequently, at the undiscounted amount of the cash or other consideration expected to be paid or received. However, if the arrangements of a short-term instrument constitute a financing transaction, the financial asset or liability is measured, initially, at the present value of the future cash flow discounted at a market rate of interest for a similar debt instrument and subsequently at amortised cost. 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. Page 5
IT3000 LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024
3. | Employees
| The average monthly number of employees, including directors, during the year was 18 (2023 - 18).
4. | Intangible assets
|  | Goodwill
|  | £
| Cost |
| At 1 January 2024 | 40,000
| At 31 December 2024 | 40,000
| Amortisation |
| At 1 January 2024 | 40,000
| At 31 December 2024 | 40,000
| Net book value |
| At 31 December 2024 | -
| At 31 December 2023 | -
Page 6
IT3000 LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024
5. | Tangible fixed assets
|  | Motor vehicles | Fixtures and fittings | Computer equipment | Total
|  | £ | £ | £ | £
| Cost or valuation |  |  |  |
| At 1 January 2024 | 171,462 | 37,840 | 169,678 | 378,980
| Additions | - | 2,232 | - | 2,232
| Disposals | (14,100) | - | - | (14,100)
| At 31 December 2024 | 157,362 | 40,072 | 169,678 | 367,112
| Depreciation |  |  |  |
| At 1 January 2024 | 68,665 | 34,600 | 124,881 | 228,146
| Charge for the year on owned assets | 8,978 | 3,440 | 23,256 | 35,674
| Charge for the year on financed assets | 16,721 | - | - | 16,721
| Disposals | (13,504) | - | - | (13,504)
| At 31 December 2024 | 80,860 | 38,040 | 148,137 | 267,037
| Net book value |  |  |  |
| At 31 December 2024 | 76,502 | 2,032 | 21,541 | 100,075
| At 31 December 2023 | 102,797 | 3,240 | 44,797 | 150,834
| The net book value of assets held under finance leases or hire purchase contracts, included above, are as follows:
|  |  |  |  | 2024 | 2023
|  |  |  |  | £ | £
| Motor vehicles | 50,163 | 66,883
|  | 50,163 | 66,883
Page 7
IT3000 LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024
6. | Debtors
|  |  |  |  | 2024 | 2023
|  |  |  |  | £ | £
| Trade debtors | 122,503 | 133,326
| Amounts owed by group undertakings | 110,000 | -
| Other debtors | 2,914 | 40,343
| Prepayments and accrued income | 10,693 | 5,712
|  | 246,110 | 179,381
7. | Creditors: Amounts falling due within one year
|  |  |  |  | 2024 | 2023
|  |  |  |  | £ | £
| Trade creditors | 68,638 | 67,700
| Amounts owed to group undertakings | 134,694 | -
| Corporation tax | 10,612 | 11,816
| Other taxation and social security | 93,299 | 88,387
| Obligations under finance lease and hire purchase contracts | 13,584 | -
| Other creditors | 9,172 | 10,865
| Accruals and deferred income | 2,500 | 1,423
|  | 332,499 | 180,191
8. | Creditors: Amounts falling due after more than one year
|  |  |  |  | 2024 | 2023
|  |  |  |  | £ | £
| Bank loans | - | 113,692
| Net obligations under finance leases and hire purchase contracts | 14,885 | 42,053
|  | 14,885 | 155,745
| IAmounts due under finance leases and hire purchase contracts in creditors due within one year and after more than one year are secured over the assets to which they relate.
Page 8
IT3000 LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024
9. | Deferred taxation
|  | 2024
|  | £
| Charged to profit or loss | 18,490
| At end of year | 18,490
| The deferred taxation balance is made up as follows:
|  |  |  |  | 2024 | 2023
|  |  |  |  | £ | £
| Accelerated capital allowances | 18,708 | -
| Movement in provisions | (218) | -
|  | 18,490 | -
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 £11,504 (2023 - £11,337). Contributions totalling £2,033 (2023 - £2,475) were payable to the fund at the balance sheet date and are included in creditors.
11. | 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 | 49,300 | 49,300
| Later than 1 year and not later than 5 years | 131,292 | 180,592
|  | 180,592 | 229,892
12. | Controlling party
The immediate and ultimate parent undertaking is Raveningham Technology Holdings Limited, a company registered in England and Wales. There is no controlling party of the ultimate parent undertaking as no shareholder owns more than 50% of the share capital. Page 9