Caseware UK (AP4) 2024.0.164 2024.0.164 2025-03-31 2025-03-31 2024-04-01 true true false No description of principal activity 2 2 The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. 13292632 2024-04-01 2025-03-31 13292632 2023-04-01 2024-03-31 13292632 2025-03-31 13292632 2024-03-31 13292632 c:Director2 2024-04-01 2025-03-31 13292632 d:ComputerEquipment 2024-04-01 2025-03-31 13292632 d:ComputerEquipment 2025-03-31 13292632 d:ComputerEquipment 2024-03-31 13292632 d:ComputerEquipment d:OwnedOrFreeholdAssets 2024-04-01 2025-03-31 13292632 d:PatentsTrademarksLicencesConcessionsSimilar 2025-03-31 13292632 d:PatentsTrademarksLicencesConcessionsSimilar 2024-03-31 13292632 d:CurrentFinancialInstruments 2025-03-31 13292632 d:CurrentFinancialInstruments 2024-03-31 13292632 d:CurrentFinancialInstruments d:WithinOneYear 2025-03-31 13292632 d:CurrentFinancialInstruments d:WithinOneYear 2024-03-31 13292632 d:ShareCapital 2025-03-31 13292632 d:ShareCapital 2024-03-31 13292632 d:RetainedEarningsAccumulatedLosses 2025-03-31 13292632 d:RetainedEarningsAccumulatedLosses 2024-03-31 13292632 c:OrdinaryShareClass1 2024-04-01 2025-03-31 13292632 c:OrdinaryShareClass1 2025-03-31 13292632 c:OrdinaryShareClass1 2024-03-31 13292632 c:FRS102 2024-04-01 2025-03-31 13292632 c:AuditExempt-NoAccountantsReport 2024-04-01 2025-03-31 13292632 c:FullAccounts 2024-04-01 2025-03-31 13292632 c:PrivateLimitedCompanyLtd 2024-04-01 2025-03-31 13292632 d:PatentsTrademarksLicencesConcessionsSimilar d:OwnedIntangibleAssets 2024-04-01 2025-03-31 xbrli:shares iso4217:GBP xbrli:pure

Registered number: 13292632 CHRISTIAN ART NETWORK LIMITED UNAUDITED FINANCIAL STATEMENTS INFORMATION FOR FILING WITH THE REGISTRAR FOR THE YEAR ENDED 31 MARCH 2025
CHRISTIAN ART NETWORK LIMITED REGISTERED NUMBER: 13292632 BALANCE SHEET AS AT 31 MARCH 2025
|  | 2025 |  | 2024
Note |  | $ |  | $
Fixed assets |  |  |  |  |
Intangible fixed assets | 4 |  | 72 |  | 142
Tangible assets | 5 |  | 6,815 |  | -
|  |  | 6,887 |  | 142
Current assets |  |  |  |  |
Cash at bank and in hand | 6 | 166,459 |  | 86,645 |
|  | 166,459 |  | 86,645 |
Creditors: amounts falling due within one year | 7 | (864,312) |  | (574,520) |
Net current liabilities |  |  | (697,853) |  | (487,875)
Total assets less current liabilities |  |  | (690,966) |  | (487,733)
Net liabilities |  |  | (690,966) |  | (487,733)
Capital and reserves |  |  |  |  |
Called up share capital | 8 |  | 1,410 |  | 1,410
Profit and loss account |  |  | (692,376) |  | (489,143)
|  |  | (690,966) |  | (487,733)
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CHRISTIAN ART NETWORK LIMITED REGISTERED NUMBER: 13292632 BALANCE SHEET (CONTINUED) AS AT 31 MARCH 2025 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 2 September 2025.
P Van Der Vorst
Director
The notes on pages 3 to 7 form part of these financial statements. Page 2
CHRISTIAN ART NETWORK LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025
1. | General information
Christian Art Network Limited principal activity is to provide an information service. It is a private company limited by shares and registered in England and Wales. The address of its registered office is 92 Cheyne Walk, Chelsea, London, England, SW10 0DQ. 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 drawn up on a going concern basis on the assumption that the company's principal creditors will continue to provide such financial support as the company requires to enable it to meet its liabilities when they fall due. The company has received assurance that such support will be provided. Should such support be withdrawn, the company may be unable to continue trading and adjustments may have to be made to reduce the value of the assets to their recoverable amount and provide for any further liabilities that may arise. The company therefore adopts the going concern basis in preparing its financial statements.
| 2.3 | Foreign currency translation
Functional and presentation currency The company's functional and presentational currency is USD. 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. Foreign exchange gains and losses resulting from the settlement of transactions and from the translation at period-end exchange rates of monetary assets and liabilities denominated in foreign currencies are recognised in profit or loss except when deferred in other comprehensive income as qualifying cash flow hedges. Foreign exchange gains and losses that relate to borrowings and cash and cash equivalents are presented in the statement of income and retained earnings within 'finance income or costs'. All other foreign exchange gains and losses are presented in profit or loss within 'other operating income'. Page 3
CHRISTIAN ART NETWORK LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 2.Accounting policies (continued)
| 2.4 | Intangible assets
Intangible assets are initially recognised at cost. After recognition, under the cost model, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses. All intangible assets are considered to have a finite useful life. If a reliable estimate of the useful life cannot be made, the useful life shall not exceed ten years.
| 2.5 | 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:
|  |  |  | Computer equipment | - | 25% |
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.
| 2.6 | 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.
| 2.7 | Creditors
Short-term creditors are measured at the transaction price.
3. | Employees
| The average monthly number of employees, including the directors, during the year was as follows:
|  |  | 2025 | 2024
|  |  | No. | No.
|  | Directors | 2 | 2
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CHRISTIAN ART NETWORK LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025
4. | Intangible assets
|  | Intellectual Property Rights
|  | $
| Cost |
| At 1 April 2024 | 352
| At 31 March 2025 | 352
| Amortisation |
| At 1 April 2024 | 210
| Charge for the year on owned assets | 70
| At 31 March 2025 | 280
| Net book value |
| At 31 March 2025 | 72
| At 31 March 2024 | 142
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CHRISTIAN ART NETWORK LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025
5. | Tangible fixed assets
|  | Computer equipment
|  | $
| Cost or valuation |
| Additions | 7,554
| At 31 March 2025 | 7,554
| Depreciation |
| Charge for the year on owned assets | 739
| At 31 March 2025 | 739
| Net book value |
| At 31 March 2025 | 6,815
| At 31 March 2024 | -
6. | Cash and cash equivalents
|  |  |  |  | 2025 | 2024
|  |  |  |  | $ | $
| Cash at bank and in hand | 166,459 | 86,645
|  | 166,459 | 86,645
7. | Creditors: Amounts falling due within one year
|  |  |  |  | 2025 | 2024
|  |  |  |  | $ | $
| Other creditors | 853,492 | 568,085
| Accruals | 10,820 | 6,435
|  | 864,312 | 574,520
8. | Share capital
|  |  |  |  | 2025 | 2024
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CHRISTIAN ART NETWORK LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 8.Share capital (continued)
|  |  |  |  | $ | $
|  | Allotted, called up and fully paid |  |
|  | 1,000 (2024 - 1,000) Ordinary shares of £1.00 each | 1,410 | 1,410
9. | Related party transactions
| At the reporting date, the company owed J J Studzinski $845,257 (2024 - $559,850) and P Van Der Vorst $8,235 (2024 - $8,235) in respect of their director's loan accounts. The loans are interest free, unsecured and repayable on demand.
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