Caseware UK (AP4) 2024.0.164 2024.0.164 2025-06-30 2025-06-30 2024-07-01 5 The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.false false Reselling of software packages and completing projects to clients to assist with workflows 4 false true 09000934 2024-07-01 2025-06-30 09000934 2023-07-01 2024-06-30 09000934 2025-06-30 09000934 2024-06-30 09000934 c:Director2 2024-07-01 2025-06-30 09000934 d:OfficeEquipment 2024-07-01 2025-06-30 09000934 d:OfficeEquipment 2025-06-30 09000934 d:OfficeEquipment 2024-06-30 09000934 d:OfficeEquipment d:OwnedOrFreeholdAssets 2024-07-01 2025-06-30 09000934 d:ComputerEquipment 2024-07-01 2025-06-30 09000934 d:ComputerEquipment 2025-06-30 09000934 d:ComputerEquipment 2024-06-30 09000934 d:ComputerEquipment d:OwnedOrFreeholdAssets 2024-07-01 2025-06-30 09000934 d:OwnedOrFreeholdAssets 2024-07-01 2025-06-30 09000934 d:CurrentFinancialInstruments 2025-06-30 09000934 d:CurrentFinancialInstruments 2024-06-30 09000934 d:Non-currentFinancialInstruments 2025-06-30 09000934 d:Non-currentFinancialInstruments 2024-06-30 09000934 d:CurrentFinancialInstruments d:WithinOneYear 2025-06-30 09000934 d:CurrentFinancialInstruments d:WithinOneYear 2024-06-30 09000934 d:Non-currentFinancialInstruments d:AfterOneYear 2025-06-30 09000934 d:Non-currentFinancialInstruments d:AfterOneYear 2024-06-30 09000934 d:ShareCapital 2025-06-30 09000934 d:ShareCapital 2024-06-30 09000934 d:RetainedEarningsAccumulatedLosses 2025-06-30 09000934 d:RetainedEarningsAccumulatedLosses 2024-06-30 09000934 c:FRS102 2024-07-01 2025-06-30 09000934 c:AuditExemptWithAccountantsReport 2024-07-01 2025-06-30 09000934 c:FullAccounts 2024-07-01 2025-06-30 09000934 c:PrivateLimitedCompanyLtd 2024-07-01 2025-06-30 09000934 2 2024-07-01 2025-06-30 09000934 e:PoundSterling 2024-07-01 2025-06-30 iso4217:GBP xbrli:pure

Registered number: 09000934 COMPETE366 LTD UNAUDITED FINANCIAL STATEMENTS INFORMATION FOR FILING WITH THE REGISTRAR FOR THE YEAR ENDED 30 JUNE 2025
Chartered Accountants
2nd Floor, Heathmans House
19 Heathmans Road
London
SW6 4TJ
COMPETE366 LTD CHARTERED ACCOUNTANTS' REPORT TO THE BOARD OF DIRECTORS ON THE PREPARATION OF THE UNAUDITED STATUTORY FINANCIAL STATEMENTS OF COMPETE366 LTD FOR THE YEAR ENDED 30 JUNE 2025 In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of COMPETE366 LTD for the year ended 30 June 2025 which comprise the Balance Sheet and the related notes from the Company's accounting records and from information and explanations you have given us. As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed at https://www.icaew.com /regulation. This report is made solely to the Board of Directors of COMPETE366 LTD, as a body, in accordance with the terms of our engagement letter dated 17 Apr 2014. Our work has been undertaken solely to prepare for your approval the financial statements of COMPETE366 LTD and state those matters that we have agreed to state to the Board of Directors of COMPETE366 LTD, as a body, in this report in accordance with ICAEW Technical Release TECH07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than COMPETE366 LTD and its Board of Directors, as a body, for our work or for this report. It is your duty to ensure that COMPETE366 LTD has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of COMPETE366 LTD. You consider that COMPETE366 LTD is exempt from the statutory audit requirement for the year. We have not been instructed to carry out an audit or review of the financial statements of COMPETE366 LTD. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements. Haggards Crowther LLP Chartered Accountants 2nd Floor, Heathmans House 19 Heathmans Road London SW6 4TJ 14 October 2025 Page 1
COMPETE366 LTD REGISTERED NUMBER: 09000934 BALANCE SHEET AS AT 30 JUNE 2025
|  | 2025 |  | 2024
Note |  | £ |  | £
Fixed assets |  |  |  |  |
Tangible assets | 4 |  | 618 |  | 1,732
|  |  | 618 |  | 1,732
Current assets |  |  |  |  |
Debtors | 5 | 666,678 |  | 523,869 |
Cash at bank and in hand | 6 | 2,230,561 |  | 1,715,709 |
|  | 2,897,239 |  | 2,239,578 |
Creditors: amounts falling due within one year | 7 | (2,133,374) |  | (1,827,590) |
Net current assets |  |  | 763,865 |  | 411,988
Total assets less current liabilities |  |  | 764,483 |  | 413,720
Creditors: amounts falling due after more than one year |  |  | (5,455) |  | (6,586)
Net assets |  |  | 759,028 |  | 407,134
Capital and reserves |  |  |  |  |
Called up share capital |  |  | 2 |  | 2
Income statement |  |  | 759,026 |  | 407,132
|  |  | 759,028 |  | 407,134
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 14 October 2025. Page 2
COMPETE366 LTD REGISTERED NUMBER: 09000934 BALANCE SHEET (CONTINUED) AS AT 30 JUNE 2025
J R Milward
Director
The notes on pages 4 to 8 form part of these financial statements. Page 3
COMPETE366 LTD NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2025
1. | General information
Compete366 Ltd is a private company, limited by shares, registered in England and Wales. The company's registered number is 09000934 and its registered address is 2nd Floor, Heathman's House, 19 Heathman's Road, London, SW6 4TJ. 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 following principal accounting policies have been applied:
| 2.2 | 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. 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 the income statement 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 income statement within 'finance income or costs'. All other foreign exchange gains and losses are presented in the income statement within 'other operating income'. Page 4
COMPETE366 LTD NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2025 2.Accounting policies (continued)
| 2.3 | Revenue
Turnover is recognised to the extent that it is probable that the economic benefits will flow to the Company and the turnover can be reliably measured. Turnover 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 turnover is recognised: Rendering of services Turnover 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 turnover 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.
| 2.4 | Interest income
Interest income is recognised in the income statement using the effective interest method.
| 2.5 | Taxation
Tax is recognised in the income statement 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. Page 5
COMPETE366 LTD NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2025 2.Accounting policies (continued)
| 2.6 | 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 | - | 33% |
|  |  |  | 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 the income statement.
| 2.7 | 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.
| 2.8 | 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.
| 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 the shareholders at an annual general meeting.
3. | Employees
| The average monthly number of employees, including directors, during the year was 5 (2024 - 4).
Page 6
COMPETE366 LTD NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2025
4. | Tangible fixed assets
|  | Office equipment | Computer equipment | Total
|  | £ | £ | £
| Cost or valuation |  |  |
| At 1 July 2024 | 6,591 | 4,010 | 10,601
| At 30 June 2025 | 6,591 | 4,010 | 10,601
| Depreciation |  |  |
| At 1 July 2024 | 6,591 | 2,278 | 8,869
| Charge for the year on owned assets | - | 1,114 | 1,114
| At 30 June 2025 | 6,591 | 3,392 | 9,983
| Net book value |  |  |
| At 30 June 2025 | - | 618 | 618
| At 30 June 2024 | - | 1,732 | 1,732
5. | Debtors
|  |  |  |  | 2025 | 2024
|  |  |  |  | £ | £
| Trade debtors | 201,684 | 150,419
| Prepayments and accrued income | 464,994 | 373,450
|  | 666,678 | 523,869
6. | Cash and cash equivalents
|  |  |  |  | 2025 | 2024
|  |  |  |  | £ | £
| Cash at bank and in hand | 2,230,561 | 1,715,709
|  | 2,230,561 | 1,715,709
Page 7
COMPETE366 LTD NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2025
7. | Creditors: Amounts falling due within one year
|  |  |  |  | 2025 | 2024
|  |  |  |  | £ | £
| Trade creditors | 12,040 | 19,785
| Corporation tax | 308,749 | 132,514
| Other taxation and social security | 317,287 | 253,837
| Accruals and deferred income | 1,495,298 | 1,421,454
|  | 2,133,374 | 1,827,590
8. | Creditors: Amounts falling due after more than one year
|  |  |  |  | 2025 | 2024
|  |  |  |  | £ | £
| Directors loan accounts | 5,455 | 6,586
|  | 5,455 | 6,586
9. | Reserves
|  |  |  |  | Retained earnings
|  |  |  |  | £
| At 1 July 2024 | 407,133
| Profit for the year | 922,895
| Dividends | (571,000)
| At 30 June 2025 | 759,028
Page 8