Caseware UK (AP4) 2024.0.164 2024.0.164 2024-12-31 2024-12-31 The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.01644357 false true 2024-01-01 false true 2 2 01644357 2024-01-01 2024-12-31 01644357 2023-01-01 2023-12-31 01644357 2024-12-31 01644357 2023-12-31 01644357 c:Director2 2024-01-01 2024-12-31 01644357 d:CurrentFinancialInstruments 2024-12-31 01644357 d:CurrentFinancialInstruments 2023-12-31 01644357 d:CurrentFinancialInstruments d:WithinOneYear 2024-12-31 01644357 d:CurrentFinancialInstruments d:WithinOneYear 2023-12-31 01644357 d:ShareCapital 2024-12-31 01644357 d:ShareCapital 2023-12-31 01644357 d:RetainedEarningsAccumulatedLosses 2024-12-31 01644357 d:RetainedEarningsAccumulatedLosses 2023-12-31 01644357 c:OrdinaryShareClass1 2024-01-01 2024-12-31 01644357 c:OrdinaryShareClass1 2024-12-31 01644357 c:OrdinaryShareClass1 2023-12-31 01644357 c:FRS102 2024-01-01 2024-12-31 01644357 c:AuditExempt-NoAccountantsReport 2024-01-01 2024-12-31 01644357 c:FullAccounts 2024-01-01 2024-12-31 01644357 c:PrivateLimitedCompanyLtd 2024-01-01 2024-12-31 01644357 2 2024-01-01 2024-12-31 01644357 e:PoundSterling 2024-01-01 2024-12-31 xbrli:shares iso4217:GBP xbrli:pure

Registered number: 01644357 D.N.A. LIMITED UNAUDITED PAGES FOR FILING WITH THE REGISTRAR FOR THE YEAR ENDED 31 DECEMBER 2024
D.N.A. LIMITED REGISTERED NUMBER:01644357
BALANCE SHEET AS AT 31 DECEMBER 2024
|  | 2024 |  | 2023
Note |  | £ |  | £
Current assets |  |  |  |  |
Debtors: amounts falling due within one year | 4 | 784,550 |  | 828,444 |
Cash at bank and in hand | 5 | 1,045,218 |  | 1,397,861 |
|  | 1,829,768 |  | 2,226,305 |
Creditors: amounts falling due within one year | 6 | (1,039,470) |  | (1,028,079) |
Net current assets |  |  | 790,298 |  | 1,198,226
Total assets less current liabilities |  |  | 790,298 |  | 1,198,226
Net assets |  |  | 790,298 |  | 1,198,226
Capital and reserves |  |  |  |  |
Called up share capital | 7 |  | 1,000 |  | 1,000
Profit and loss account |  |  | 789,298 |  | 1,197,226
|  |  | 790,298 |  | 1,198,226
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 12 September 2025.
R J Harris
Director
The notes on pages 2 to 5 form part of these financial statements. 1
D.N.A. LIMITED
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024
1. | General information
The principal activity of the company continued to be that of the management and exploitation of the talents of recordings artists. The company is a private company limited by shares and is registered in England and Wales. The address of its registered office is 4 Jupiter Court, 10-12 Tolworth Rise, South Surbiton, Surrey, England, KT5 9NN. 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 presentational currency is pound stearling. The following principal accounting policies have been applied:
| 2.2 | Turnover
Turnover comprises royalty receipts, advances and miscellaneous income from the artist's performances, all stated after sales taxes and net of VAT. Royalties receivable and royalties payable to producers are recognised in respect of each of the royalty accounting periods ending with the company's financial period. Non-returnable, non-recoupable advances are credited to the profit and loss account in the period in which they are contractually due. Costs in respect of these contracted amounts are also accrued as an expense in the same period as the income is recognised.
| 2.3 | Interest income
Interest income is recognised in profit or loss using the effective interest method.
| 2.4 | 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
D.N.A. LIMITED
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024 2.Accounting policies (continued)
| 2.5 | Current and deferred 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. 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.
| 2.6 | 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.
| 2.7 | Cash
Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours.
| 2.8 | 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.
| 2.9 | Financial instruments
The company only enters into basic financial instruments transactions that result in the recognition of financial assets and liabilities like trade and other debtors and creditors, loans from banks and other third parties, loans to related parties and investments in non-puttable ordinary shares.
| 2.10 | 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 shareholders. 3
D.N.A. 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 2 (2023 - 2).
4. | Debtors
|  |  |  |  | 2024 | 2023
|  |  |  |  | £ | £
| Prepayments and accrued income | 784,550 | 828,444
|  | 784,550 | 828,444
5. | Cash and cash equivalents
|  |  |  |  | 2024 | 2023
|  |  |  |  | £ | £
| Cash at bank and in hand | 1,045,218 | 1,397,861
6. | Creditors: Amounts falling due within one year
|  |  |  |  | 2024 | 2023
|  |  |  |  | £ | £
| Trade creditors | 203,964 | -
| Corporation tax | 284,758 | 446,227
| Other taxation and social security | 238,884 | 195,472
| Other creditors | 125,813 | 250,557
| Accruals and deferred income | 186,051 | 135,823
|  | 1,039,470 | 1,028,079
4
D.N.A. LIMITED
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024
7. | Share capital
|  |  |  |  | 2024 | 2023
|  |  |  |  | £ | £
|  | Allotted, called up and fully paid |  |
|  | 1,000 (2023 - 1,000) Ordinary A shares of £1.00 each | 1,000 | 1,000
| In respect of the Ordinary A shares, there are no restrictions on distribution or winding up.
8. | Related party transactions
| At the year end, the company owed an amount of £759 to a shareholder (2023 - £759).
5