Caseware UK (AP4) 2024.0.164 2024.0.164 2024-12-31 2024-12-31 No description of principal activity 2024-01-01 false 1 1 false true The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. 09586273 2024-01-01 2024-12-31 09586273 2023-01-01 2023-12-31 09586273 2024-12-31 09586273 2023-12-31 09586273 2023-01-01 09586273 c:Director1 2024-01-01 2024-12-31 09586273 d:OfficeEquipment 2024-01-01 2024-12-31 09586273 d:OfficeEquipment 2024-12-31 09586273 d:OfficeEquipment 2023-12-31 09586273 d:OfficeEquipment d:OwnedOrFreeholdAssets 2024-01-01 2024-12-31 09586273 d:ComputerEquipment 2024-01-01 2024-12-31 09586273 d:ComputerEquipment 2024-12-31 09586273 d:ComputerEquipment 2023-12-31 09586273 d:ComputerEquipment d:OwnedOrFreeholdAssets 2024-01-01 2024-12-31 09586273 d:OwnedOrFreeholdAssets 2024-01-01 2024-12-31 09586273 d:CurrentFinancialInstruments 2024-12-31 09586273 d:CurrentFinancialInstruments 2023-12-31 09586273 d:Non-currentFinancialInstruments 2024-12-31 09586273 d:Non-currentFinancialInstruments 2023-12-31 09586273 d:CurrentFinancialInstruments d:WithinOneYear 2024-12-31 09586273 d:CurrentFinancialInstruments d:WithinOneYear 2023-12-31 09586273 d:ShareCapital 2024-12-31 09586273 d:ShareCapital 2023-12-31 09586273 d:ShareCapital 2023-01-01 09586273 d:RetainedEarningsAccumulatedLosses 2024-01-01 2024-12-31 09586273 d:RetainedEarningsAccumulatedLosses 2024-12-31 09586273 d:RetainedEarningsAccumulatedLosses 2023-01-01 2023-12-31 09586273 d:RetainedEarningsAccumulatedLosses 2023-12-31 09586273 d:RetainedEarningsAccumulatedLosses 2023-01-01 09586273 c:OrdinaryShareClass1 2024-01-01 2024-12-31 09586273 c:OrdinaryShareClass1 2024-12-31 09586273 c:OrdinaryShareClass1 2023-12-31 09586273 c:FRS102 2024-01-01 2024-12-31 09586273 c:AuditExempt-NoAccountantsReport 2024-01-01 2024-12-31 09586273 c:FullAccounts 2024-01-01 2024-12-31 09586273 c:PrivateLimitedCompanyLtd 2024-01-01 2024-12-31 09586273 2 2024-01-01 2024-12-31 09586273 e:PoundSterling 2024-01-01 2024-12-31 xbrli:shares iso4217:GBP xbrli:pure

Registered number: 09586273 ANTITRUST ADVISORY LIMITED UNAUDITED FINANCIAL STATEMENTS INFORMATION FOR FILING WITH THE REGISTRAR FOR THE YEAR ENDED 31 DECEMBER 2024
ANTITRUST ADVISORY LIMITED REGISTERED NUMBER: 09586273 BALANCE SHEET AS AT 31 DECEMBER 2024
| 2024 | 2023
Note | £ | £
Fixed assets |  |  |
Tangible assets | 4 | 891 | 1,347
Current assets |  |  |
Debtors: amounts falling due after more than one year | 5 | 86,334 | 86,334
Debtors: amounts falling due within one year | 5 | 63,997 | 128,638
Cash at bank and in hand | 6 | 240,902 | 194,398
|  | 391,233 | 409,370
Creditors: amounts falling due within one year | 7 | (16,896) | (46,825)
Net assets |  | 375,228 | 363,892
Capital and reserves |  |  |
Called up share capital | 8 | 100 | 100
Profit and loss account |  | 375,128 | 363,792
|  | 375,228 | 363,892
The director considers 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 director acknowledges his 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 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 on 17 September 2025.
................................................ Igor Panshenskiy
Director
The notes on pages 3 to 9 form part of these financial statements. Page 1
ANTITRUST ADVISORY LIMITED 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 | 100 | 300,906 | 301,006
Comprehensive income for the year |  |  |
Profit for the year | - | 62,886 | 62,886
At 1 January 2024 | 100 | 363,792 | 363,892
Comprehensive income for the year |  |  |
Profit for the year | - | 11,336 | 11,336
At 31 December 2024 | 100 | 375,128 | 375,228
| The notes on pages 3 to 9 form part of these financial statements.
Page 2
ANTITRUST ADVISORY LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024
1. | General information
Antitrust Advisory Limited is a private company limited by share capital, incoporated in England and Wales, registration number 09586273. The address of the registered office is Wisteria Grange Barn, Pikes End, Pinner, London, HA5 2EX. 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 Section 1A of Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006. The following principal accounting policies have been applied:
| 2.2 | Going concern
The financial statements have been prepared on a going concern basis as the director believes adequate resources exist to enable it to meet its working capital requirements for at least twelve months from approval of these financial statements.
| 2.3 | 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. Page 3
ANTITRUST ADVISORY LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024 2.Accounting policies (continued)
| 2.4 | 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: 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.
| 2.5 | Interest income
Interest income is recognised in profit or loss using the effective interest method.
| 2.6 | 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.
| 2.7 | 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. Page 4
ANTITRUST ADVISORY LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024 2.Accounting policies (continued)
| 2.9 | 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 | - | 25% |
|  |  |  | Computer equipment | - | 33% |
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.
| 2.10 | 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.
| 2.11 | 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.
| 2.12 | 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. Page 5
ANTITRUST ADVISORY LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024 2.Accounting policies (continued)
| 2.13 | Financial instruments
Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally 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. Basic financial assets Basic financial assets, which include trade and other receivables, cash and bank balances, are initially measured at their transaction price including transaction costs and are subsequently carried at their amortised cost using the effective interest method, less any provision for impairment, 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. Discounting is omitted where the effect of discounting is immaterial. The Company's cash and cash equivalents, trade and most other receivables due with the operating cycle fall into this category of financial instruments. Impairment of financial assets Financial assets are assessed for indicators of impairment at each reporting date. Financial assets are impaired when events, subsequent to their initial recognition, indicate the estimated future cash flows derived from the financial asset(s) have been adversely impacted. The impairment loss will be the difference between the current carrying amount and the present value of the future cash flows at the asset(s) original effective interest rate. If there is a favourable change in relation to the events surrounding the impairment loss then the impairment can be reviewed for possible reversal. The reversal will not cause the current carrying amount to exceed the original carrying amount had the impairment not been recognised. The impairment reversal is recognised in the profit or loss. Financial liabilities Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instruments any contract that evidences a residual interest in the assets of the Company after the deduction of all its liabilities. Basic financial liabilities, which include trade and other payables, bank loans and other loans are initially measured at their transaction price after transaction costs. When this constitutes a financing transaction, whereby the debt instrument is measured at the present value of the future receipts discounted at a market rate of interest. Discounting is omitted where the effect of discounting is immaterial. Debt instruments are subsequently carried at their amortised cost using the effective interest rate method. Trade payables are obligations to pay for goods and services that have been acquired in the ordinary course of business from suppliers. Trade payables are classified as current liabilities if the payment is due within one year. If not, they represent non-current liabilities. Trade payables are initially recognised at their transaction price and subsequently are measured at amortised cost using the effective interest method. Discounting is omitted where the effect of discounting is immaterial. Page 6
ANTITRUST ADVISORY 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 1 (2023 - 1).
4. | Tangible fixed assets
|  | Office equipment | Computer equipment | Total
|  | £ | £ | £
| Cost or valuation |  |  |
| At 1 January 2024 | 667 | 1,368 | 2,035
| At 31 December 2024 | 667 | 1,368 | 2,035
| Depreciation |  |  |
| At 1 January 2024 | 667 | 21 | 688
| Charge for the year on owned assets | - | 456 | 456
| At 31 December 2024 | 667 | 477 | 1,144
| Net book value |  |  |
| At 31 December 2024 | - | 891 | 891
| At 31 December 2023 | - | 1,347 | 1,347
Page 7
ANTITRUST ADVISORY LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024
5. | Debtors
|  |  |  |  | 2024 | 2023
|  |  |  |  | £ | £
| Due after more than one year |  |
| Amounts owed by group undertakings | 86,334 | 86,334
|  | 86,334 | 86,334
|  |  |  |  | 2024 | 2023
|  |  |  |  | £ | £
| Due within one year |  |
| Trade debtors | 45,889 | 118,594
| Other debtors | 2,900 | 2,584
| Prepayments and accrued income | 15,208 | 7,460
|  | 63,997 | 128,638
6. | Cash and cash equivalents
|  |  |  |  | 2024 | 2023
|  |  |  |  | £ | £
| Cash at bank and in hand | 240,902 | 194,398
|  | 240,902 | 194,398
7. | Creditors: Amounts falling due within one year
|  |  |  |  | 2024 | 2023
|  |  |  |  | £ | £
| Trade creditors | 1,193 | 1,219
| Corporation tax | 1,679 | 14,197
| Other taxation and social security | 4,432 | 17,101
| Other creditors | 5,733 | 10,633
| Accruals and deferred income | 3,859 | 3,675
|  | 16,896 | 46,825
Page 8
ANTITRUST ADVISORY LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024
8. | Share capital
|  |  |  |  | 2024 | 2023
|  |  |  |  | £ | £
|  | Allotted, called up and fully paid |  |
|  | 100 (2023 - 100) Ordinary shares of £1.00 each | 100 | 100
9. | Related party transactions
| Included in other creditors at the balance sheet date is an amount owed to the director, Igor Panshenskiy, of £4,733 (2023: £4,333).
Page 9