Caseware UK (AP4) 2024.0.164 2024.0.164 2024-12-31 2024-12-31 true true 3 2024-01-01 false Other information technology services activities 2 true The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.false 10891459 2024-01-01 2024-12-31 10891459 2023-01-01 2023-12-31 10891459 2024-12-31 10891459 2023-12-31 10891459 c:CompanySecretary1 2024-01-01 2024-12-31 10891459 c:Director1 2024-01-01 2024-12-31 10891459 c:RegisteredOffice 2024-01-01 2024-12-31 10891459 d:OfficeEquipment 2024-01-01 2024-12-31 10891459 d:OfficeEquipment 2024-12-31 10891459 d:OfficeEquipment 2023-12-31 10891459 d:OfficeEquipment d:OwnedOrFreeholdAssets 2024-01-01 2024-12-31 10891459 d:ComputerEquipment 2024-01-01 2024-12-31 10891459 d:ComputerEquipment 2024-12-31 10891459 d:ComputerEquipment 2023-12-31 10891459 d:ComputerEquipment d:OwnedOrFreeholdAssets 2024-01-01 2024-12-31 10891459 d:OwnedOrFreeholdAssets 2024-01-01 2024-12-31 10891459 d:CurrentFinancialInstruments 2024-12-31 10891459 d:CurrentFinancialInstruments 2023-12-31 10891459 d:CurrentFinancialInstruments d:WithinOneYear 2024-12-31 10891459 d:CurrentFinancialInstruments d:WithinOneYear 2023-12-31 10891459 d:ShareCapital 2024-12-31 10891459 d:ShareCapital 2023-12-31 10891459 d:RetainedEarningsAccumulatedLosses 2024-12-31 10891459 d:RetainedEarningsAccumulatedLosses 2023-12-31 10891459 c:OrdinaryShareClass1 2024-01-01 2024-12-31 10891459 c:OrdinaryShareClass1 2024-12-31 10891459 c:OrdinaryShareClass1 2023-12-31 10891459 c:FRS102 2024-01-01 2024-12-31 10891459 c:AuditExempt-NoAccountantsReport 2024-01-01 2024-12-31 10891459 c:FullAccounts 2024-01-01 2024-12-31 10891459 c:PrivateLimitedCompanyLtd 2024-01-01 2024-12-31 10891459 2 2024-01-01 2024-12-31 10891459 e:PoundSterling 2024-01-01 2024-12-31 xbrli:shares iso4217:GBP xbrli:pure

Registered number: 10891459 ECONOMIC DATA SCIENCES LTD UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024
ECONOMIC DATA SCIENCES LTD CONTENTS
| Page
Company Information | 1
Balance Sheet | 2
Notes to the Financial Statements | 3 - 8
ECONOMIC DATA SCIENCES LTD COMPANY INFORMATION
Director | E Walsh
Company secretary | S E Coignard
Registered number | 10891459
Registered office | 1 Brunel Way
| Level 2
| Slough
| England
| SL1 1FQ
Accountants | Blick Rothenberg Limited
| Chartered Accountants
| 16 Great Queen Street
| Covent Garden
| London
| WC2B 5AH
Page 1
|  | REGISTERED NUMBER:10891459
ECONOMIC DATA SCIENCES LTD BALANCE SHEET AS AT 31 DECEMBER 2024
|  | 2024 |  | 2023
Note |  | £ |  | £
Fixed assets |  |  |  |  |
Tangible assets | 4 |  | 6,138 |  | 791
Current assets |  |  |  |  |
Debtors: amounts falling due within one year | 5 | 110,545 |  | 53,006 |
Cash at bank and in hand |  | 20,616 |  | 12,835 |
|  | 131,161 |  | 65,841 |
Creditors: amounts falling due within one year | 6 | (91,867) |  | (66,546) |
Net current assets/(liabilities) |  |  | 39,294 |  | (705)
Net assets |  |  | 45,432 |  | 86
Capital and reserves |  |  |  |  |
Called up share capital | 7 |  | 2 |  | 2
Profit and loss account |  |  | 45,430 |  | 84
Total equity |  |  | 45,432 |  | 86
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 signed by the sole director:
E Walsh
Director
Date: 8 October 2025
The notes on pages 3 to 8 form part of these financial statements. Page 2
ECONOMIC DATA SCIENCES LTD NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024
1. | General information
Economic Data Sciences Ltd is a private company limited by shares incorporated in England and Wales. Its registered office is 1 Brunel Way, Level 2, Slough, England, SL1 1FQ. The financial statements are presented in Sterling (£), which is the functional currency of the company. Monetary amounts in these financial statements are rounded to the nearest £. 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 | Going concern
After making enquiries, the directors have a reasonable expectation that the company has adequate resources to continue in operational existence and meet its liabilities as they fall due for the foreseeable future, being a period of at least twelve months from the date these financial statements were approved. Accordingly, they continue to adopt the going concern basis in preparing the financial statements.
| 2.3 | 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.
| 2.4 | 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. Page 3
ECONOMIC DATA SCIENCES LTD NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024 2.Accounting policies (continued)
| 2.4 | Tangible fixed assets (continued)
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 profit or loss.
| 2.5 | Financial instruments
The company has elected to apply Sections 11 and 12 of FRS 102 in respect of financial instruments. Financial assets and financial liabilities are recognised when the company becomes party to the contractual provisions of the instrument. Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities. The company’s policies for its major classes of financial assets and financial liabilities are set out below. Financial assets Basic financial assets, including trade and other debtors, cash and bank balances, and intercompany financing are initially recognised at transaction price, 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 for a similar debt instrument. Financing transactions are those in which payment is deferred beyond normal business terms or is financed at a rate of interest that is not a market rate. Such assets are subsequently carried at amortised cost using the effective interest method, less any impairment. Financial liabilities Basic financial liabilities, including trade and other creditors, are initially recognised at transaction price, unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future payments discounted at a market rate of interest for a similar debt instrument. Financing transactions are those in which payment is deferred beyond normal business terms or is financed at a rate of interest that is not a market rate. Debt instruments are subsequently carried at amortised cost, using the effective interest rate method. Page 4
ECONOMIC DATA SCIENCES LTD NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024 2.Accounting policies (continued)
|  | Financial instruments (continued)
Impairment of financial assets Financial assets 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 profit and loss account. For financial assets measured at cost less impairment, the impairment loss is measured as the difference between the asset's carrying amount and the best estimate of the amount the company would receive for the asset if it were to be sold at the reporting date. For financial assets measured at amortised cost, the impairment loss is measured as the difference between the asset's carrying amount and the present value of estimated cash flows discounted at the asset's original effective interest rate. If the financial asset has a variable interest rate, the discount rate for measuring any impairment loss is the current effective interest rate determined under the contract. If there is a decrease in the impairment loss arising from an event occurring after the impairment was recognised, the impairment is reversed. The reversal is such that the current carrying amount does not exceed what the carrying amount would have been had the impairment not previously been recognised. The impairment reversal is recognised in profit or loss. Derecognition of financial assets and financial liabilities Financial assets are derecognised when (a) the contractual rights to the cash flows from the asset expire or are settled, or (b) substantially all the risks and rewards of the ownership of the asset are transferred to another party or (c) despite having retained some significant risks and rewards of ownership, control of the asset has been transferred to another party who has the practical ability to unilaterally sell the asset to an unrelated third party without imposing additional restrictions. Financial liabilities are derecognised when the liability is extinguished, that is when the contractual obligation is discharged, cancelled or expires. Offsetting of financial assets and financial liabilities Financial assets and liabilities are offset and the net amount reported in the balance sheet when there is an 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.
| 2.6 | Cash
Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours.
| 2.7 | Share capital
Ordinary shares are classified as equity. Page 5
ECONOMIC DATA SCIENCES LTD NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024 2.Accounting policies (continued)
| 2.8 | 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.
| 2.9 | 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.
| 2.10 | Current taxation
The tax expense for the year comprises current and deferred tax. Tax is recognised in the profit and loss account, 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. Current tax is the amount of income tax payable in respect of taxable profit for the year or prior years. 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.
| 2.11 | Interest income
Interest income is recognised in profit or loss using the effective interest method.
| 2.12 | 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. Page 6
ECONOMIC DATA SCIENCES LTD NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024 2.Accounting policies (continued)
| 2.13 | 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.
3. | Employees
| The average monthly number of employees, including directors, during the year was 3 (2023 - 2).
4. | Tangible fixed assets
|  | Office equipment | Computer equipment | Total
|  | £ | £ | £
| Cost |  |  |
| At 1 January 2024 | 780 | 1,128 | 1,908
| Additions | - | 6,797 | 6,797
| At 31 December 2024 | 780 | 7,925 | 8,705
| Depreciation |  |  |
| At 1 January 2024 | 715 | 402 | 1,117
| Charge for the year | 65 | 1,385 | 1,450
| At 31 December 2024 | 780 | 1,787 | 2,567
| Net book value |  |  |
| At 31 December 2024 | - | 6,138 | 6,138
| At 31 December 2023 | 65 | 726 | 791
Page 7
ECONOMIC DATA SCIENCES LTD NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024
5. | Debtors
|  |  |  |  | 2024 | 2023
|  |  |  |  | £ | £
| Trade debtors | 30,968 | -
| Other debtors | 52,496 | 16,342
| Prepayments and accrued income | 27,081 | 36,664
|  | 110,545 | 53,006
6. | Creditors: amounts falling due within one year
|  |  |  |  | 2024 | 2023
|  |  |  |  | £ | £
| Trade creditors | - | 14,363
| Corporation tax | 16,077 | 2,910
| Other taxation and social security | 48,863 | 12,686
| Other creditors | 9,563 | 31,912
| Accruals | 17,364 | 4,675
|  | 91,867 | 66,546
7. | Share capital
|  |  |  |  | 2024 | 2023
|  |  |  |  | £ | £
|  | Allotted, called up and fully paid |  |
|  | 2 (2023 - 2) Ordinary shares of £1 each | 2 | 2
8. | Related party transactions
| At the balance sheet date, the director owed to the company owed £17,406 (2023: £31,912 owed to the director). Interest was charged at the HMRC approved rate. The director is intending to fully clear the loan account following the year end.
Page 8