Caseware UK (AP4) 2024.0.164 2024.0.164 2024-12-31 2024-12-31 true false 2024-01-01 No description of principal activity 1 1 true The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. 11488458 2024-01-01 2024-12-31 11488458 2023-01-01 2023-12-31 11488458 2024-12-31 11488458 2023-12-31 11488458 c:Director1 2024-01-01 2024-12-31 11488458 d:CurrentFinancialInstruments 2024-12-31 11488458 d:CurrentFinancialInstruments 2023-12-31 11488458 d:CurrentFinancialInstruments d:WithinOneYear 2024-12-31 11488458 d:CurrentFinancialInstruments d:WithinOneYear 2023-12-31 11488458 d:ShareCapital 2024-12-31 11488458 d:ShareCapital 2023-12-31 11488458 d:RetainedEarningsAccumulatedLosses 2024-12-31 11488458 d:RetainedEarningsAccumulatedLosses 2023-12-31 11488458 c:FRS102 2024-01-01 2024-12-31 11488458 c:AuditExempt-NoAccountantsReport 2024-01-01 2024-12-31 11488458 c:FullAccounts 2024-01-01 2024-12-31 11488458 c:PrivateLimitedCompanyLtd 2024-01-01 2024-12-31 11488458 2 2024-01-01 2024-12-31 iso4217:GBP xbrli:pure

Registered number: 11488458 ADAPTIVE LEARNING MACHINES LIMITED UNAUDITED FINANCIAL STATEMENTS INFORMATION FOR FILING WITH THE REGISTRAR FOR THE YEAR ENDED 31 DECEMBER 2024
ADAPTIVE LEARNING MACHINES LIMITED REGISTERED NUMBER: 11488458 STATEMENT OF FINANCIAL POSITION AS AT 31 DECEMBER 2024
|  | 2024 |  | 2023
Note |  | £ |  | £
Current assets |  |  |  |  |
Debtors: amounts falling due within one year | 4 | 16,235 |  | 291 |
Cash at bank and in hand | 5 | 1,754 |  | 1,212,769 |
|  | 17,989 |  | 1,213,060 |
Creditors: amounts falling due within one year | 6 | (15,443) |  | (129,175) |
Net current assets |  |  | 2,546 |  | 1,083,885
Total assets less current liabilities |  |  | 2,546 |  | 1,083,885
Net assets |  |  | 2,546 |  | 1,083,885
Capital and reserves |  |  |  |  |
Called up share capital |  |  | 1 |  | 1
Profit and loss account |  |  | 2,545 |  | 1,083,884
|  |  | 2,546 |  | 1,083,885
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 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 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 18 September 2025.
P Bolland
Director
The notes on pages 2 to 4 form part of these financial statements. Page 1
ADAPTIVE LEARNING MACHINES LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024
1. | General information
Adaptive Learning Machines Limited is a private company limited by shares and incorporated in England and Wales. Its registered office is 30 Orange Street, London, WC2H 7HF. 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:
| 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.
| 2.5 | 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.
| 2.6 | 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. 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 2
ADAPTIVE LEARNING MACHINES LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024 2.Accounting policies (continued)
| 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 | 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 1 (2023 - 1).
4. | Debtors
|  |  |  |  | 2024 | 2023
|  |  |  |  | £ | £
| Other debtors | 16,235 | 291
|  | 16,235 | 291
5. | Cash and cash equivalents
|  |  |  |  | 2024 | 2023
|  |  |  |  | £ | £
| Cash at bank and in hand | 1,754 | 1,212,769
|  | 1,754 | 1,212,769
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ADAPTIVE LEARNING MACHINES LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024
6. | Creditors: Amounts falling due within one year
|  |  |  |  | 2024 | 2023
|  |  |  |  | £ | £
| Corporation tax | 12,443 | 102,018
| Other creditors | - | 24,157
| Accruals and deferred income | 3,000 | 3,000
|  | 15,443 | 129,175
7. | Related party transactions
| As at 31 December 2024, the director owed £15,945 to the company (2023: £24,157 was owed by the company) by the company by virtue of a directors current account. This amount is interest free and has no fixed repayment terms.
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