Caseware UK (AP4) 2024.0.164 2024.0.164 2024-12-31 2024-12-31 5 true false false 2024-01-01 No description of principal activity 5 The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. 08542176 2024-01-01 2024-12-31 08542176 2023-01-01 2023-12-31 08542176 2024-12-31 08542176 2023-12-31 08542176 c:Director1 2024-01-01 2024-12-31 08542176 c:Director2 2024-01-01 2024-12-31 08542176 d:CurrentFinancialInstruments 2024-12-31 08542176 d:CurrentFinancialInstruments 2023-12-31 08542176 d:CurrentFinancialInstruments d:WithinOneYear 2024-12-31 08542176 d:CurrentFinancialInstruments d:WithinOneYear 2023-12-31 08542176 d:ShareCapital 2024-12-31 08542176 d:ShareCapital 2023-12-31 08542176 d:RetainedEarningsAccumulatedLosses 2024-12-31 08542176 d:RetainedEarningsAccumulatedLosses 2023-12-31 08542176 c:FRS102 2024-01-01 2024-12-31 08542176 c:AuditExempt-NoAccountantsReport 2024-01-01 2024-12-31 08542176 c:FullAccounts 2024-01-01 2024-12-31 08542176 c:PrivateLimitedCompanyLtd 2024-01-01 2024-12-31 08542176 2 2024-01-01 2024-12-31 08542176 6 2024-01-01 2024-12-31 iso4217:GBP xbrli:pure

Registered number: 08542176 MACBETH FINANCIAL SERVICES LIMITED UNAUDITED FINANCIAL STATEMENTS INFORMATION FOR FILING WITH THE REGISTRAR FOR THE YEAR ENDED 31 DECEMBER 2024
MACBETH FINANCIAL SERVICES LIMITED REGISTERED NUMBER: 08542176 STATEMENT OF FINANCIAL POSITION AS AT 31 DECEMBER 2024
|  | 2024 |  | 2023
Note |  | £ |  | £
Fixed assets |  |  |  |  |
Investments | 4 |  | 4,520 |  | 4,520
|  |  | 4,520 |  | 4,520
Current assets |  |  |  |  |
Cash at bank and in hand | 5 | 129,743 |  | 161,647 |
|  | 129,743 |  | 161,647 |
Creditors: amounts falling due within one year | 6 | (77,881) |  | (79,625) |
Net current assets |  |  | 51,862 |  | 82,022
Total assets less current liabilities |  |  | 56,382 |  | 86,542
Net assets |  |  | 56,382 |  | 86,542
Capital and reserves |  |  |  |  |
Called up share capital |  |  | 100 |  | 100
Profit and loss account |  |  | 56,282 |  | 86,442
|  |  | 56,382 |  | 86,542
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MACBETH FINANCIAL SERVICES LIMITED REGISTERED NUMBER: 08542176 STATEMENT OF FINANCIAL POSITION (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 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 16 September 2025.
S J C Claxton | P T Macbeth
Director | Director
The notes on pages 3 to 7 form part of these financial statements. Page 2
MACBETH FINANCIAL SERVICES LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024
1. | General information
Macbeth Financial Serivces Limited is a private company limited by shares and incorporated in England. It's registered office is: Three Waterside Drive Arlington Business Park Theale Reading RG7 4SW 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 | 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.
| 2.3 | 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. Benefits received and receivable as an incentive to sign an operating lease are recognised on a straight-line basis over the lease term, unless another systematic basis is representative of the time pattern of the lessee's benefit from the use of the leased asset.
| 2.4 | Interest income
Interest income is recognised in profit or loss using the effective interest method. Page 3
MACBETH FINANCIAL SERVICES LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024 2.Accounting policies (continued)
| 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 Statement of Financial Position. The assets of the plan are held separately from the Company in independently administered funds.
| 2.6 | 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 reporting date in the countries where the Company operates and generates income.
| 2.7 | Valuation of investments
Investments in subsidiaries are measured at cost less accumulated impairment. Investments in unlisted Company shares, whose market value can be reliably determined, are remeasured to market value at each reporting date. Gains and losses on remeasurement are recognised in the Statement of Comprehensive Income for the period. Where market value cannot be reliably determined, such investments are stated at historic cost less impairment. Investments in listed company shares are remeasured to market value at each reporting date. Gains and losses on remeasurement are recognised in profit or loss for the period.
| 2.8 | 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.
| 2.9 | 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 4
MACBETH FINANCIAL SERVICES LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024 2.Accounting policies (continued)
| 2.10 | Financial instruments
The Company only enters into basic financial instrument 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 ordinary shares. Debt instruments (other than those wholly repayable or receivable within one year), including loans and other accounts receivable and payable, are initially measured at present value of the future cash flows and subsequently at amortised cost using the effective interest method. Debt instruments that are payable or receivable within one year, typically trade debtors and creditors, 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, like the payment of a trade debt deferred beyond normal business terms or in case of an out-right short-term loan that is not at market rate, the financial asset or liability is measured, initially at the present value of future cash flows discounted at a market rate of interest for a similar debt instrument and subsequently at amortised cost, unless it qualifies as a loan from a director in the case of a small company, or a public benefit entity concessionary loan. Investments in non-derivative instruments that are equity to the issuer are measured: ∙at fair value with changes recognised in the Statement of Comprehensive Income if the shares are publicly traded or their fair value can otherwise be measured reliably; ∙at cost less impairment for all other investments. Financial assets that are measured at cost and amortised cost are assessed at the end of each reporting period for objective evidence of impairment. If objective evidence of impairment is found, an impairment loss is recognised in the Statement of Comprehensive Income.
| 2.11 | 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 5 (2023 - 5).
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MACBETH FINANCIAL SERVICES LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024
4. | Fixed asset investments
|  | Unlisted investments
|  | £
| Cost or valuation |
| At 1 January 2024 | 4,520
| At 31 December 2024 | 4,520
5. | Cash and cash equivalents
|  |  |  |  | 2024 | 2023
|  |  |  |  | £ | £
| Cash at bank and in hand | 129,743 | 161,647
|  | 129,743 | 161,647
6. | Creditors: Amounts falling due within one year
|  |  |  |  | 2024 | 2023
|  |  |  |  | £ | £
| Trade creditors | - | 944
| Corporation tax | 73,034 | 73,282
| Other taxation and social security | 2,747 | 3,299
| Accruals and deferred income | 2,100 | 2,100
|  | 77,881 | 79,625
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 £118,419 (2023: £16,421). Contributions totalling £Nil (2023: £715) were payable to the fund at the reporting date and are included in creditors. Page 6
MACBETH FINANCIAL SERVICES LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024
8. | Related party transactions
| M S Macbeth Limited is a shareholder in Macbeth Financial Services Limited and the two companies have a common director in P T Macbeth. Macbeth Financial Services Limited paid rent, marketing costs and other recharged services to M S Macbeth Limited in the year which amounted to £73,409. No amounts were outstanding to M S Macbeth Ltd at the year-end.
9. | Controlling party
In the opinion of the directors, there is no ultimate controlling party.
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