Caseware UK (AP4) 2024.0.164 2024.0.164 2 false false 2023-12-19 true true The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. 15360958 2023-12-18 15360958 2023-12-19 2024-12-31 15360958 2022-12-19 2023-12-18 15360958 2024-12-31 15360958 c:Director1 2023-12-19 2024-12-31 15360958 c:Director2 2023-12-19 2024-12-31 15360958 d:ComputerSoftware 2024-12-31 15360958 d:OtherResidualIntangibleAssets 2023-12-19 2024-12-31 15360958 d:CurrentFinancialInstruments 2024-12-31 15360958 d:CurrentFinancialInstruments d:WithinOneYear 2024-12-31 15360958 d:ShareCapital 2024-12-31 15360958 d:RetainedEarningsAccumulatedLosses 2024-12-31 15360958 c:FRS102 2023-12-19 2024-12-31 15360958 c:AuditExempt-NoAccountantsReport 2023-12-19 2024-12-31 15360958 c:FullAccounts 2023-12-19 2024-12-31 15360958 c:PrivateLimitedCompanyLtd 2023-12-19 2024-12-31 15360958 d:ComputerSoftware d:ExternallyAcquiredIntangibleAssets 2023-12-19 2024-12-31 15360958 d:ComputerSoftware d:OwnedIntangibleAssets 2023-12-19 2024-12-31 15360958 e:PoundSterling 2023-12-19 2024-12-31 iso4217:GBP xbrli:pure

Registered number: 15360958
| Ultimate DB Limited Financial statements Information for filing with the registrar 31 December 2024 |
Ultimate DB Limited
Balance sheet At 31 December 2024
|  | 2024
Note |  | £
Fixed assets |  |  |
Intangible assets | 4 |  | 36,672
|  |  | 36,672
Current assets |  |  |
Debtors | 5 | 100 |
Cash at bank and in hand |  | 32,899 |
|  | 32,999 |
Creditors: amounts falling due within one year | 6 | (9,575) |
Net current assets |  |  | 23,424
Total assets less current liabilities |  |  | 60,096
Provisions for liabilities |  |  |
Deferred tax |  |  | (9,168)
Net assets |  |  | 50,928
Capital and reserves |  |  |
Called up share capital |  |  | 100
Profit and loss account |  |  | 50,828
Shareholders' funds |  |  | 50,928
1
Ultimate DB Limited
Balance sheet (continued) 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 period 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 20 July 2025.
Dr B D Thornton | Dr K V Shah
Director | Director
The notes on pages 3 to 5 form part of these financial statements. 2
Ultimate DB Limited
Notes to the financial statements Year ended 31 December 2024
1. | General information
Ultimate DB Limited ('the company') is a private company limited by shares, incorporated and domiciled in the United Kingdom and registered in England. The address of the registered office is 2nd Floor Citygate, St James' Boulevard, Newcastle upon Tyne, NE1 4JE. 2.Accounting policies
| 2.1 | Statement of compliance
The financial statements have been prepared in accordance with Section 1A of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the United Kingdom and the Republic of Ireland' (FRS 102) and the Companies Act 2006.
| 2.2 | Revenue
The turnover shown in the profit and loss account represents sponsorship and private income receivable during the period.
| 2.3 | Current and deferred taxation
The tax expense for the period comprises current and deferred tax. 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 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. 3
Ultimate DB Limited
Notes to the financial statements Year ended 31 December 2024 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. The estimated useful lives range as follows:
|  |  |  | Computer software | - | 5 | years
| 2.5 | Provisions for liabilities
Provisions are recognised when an event has taken place that gives rise to a legal or constructive obligation, a transfer of economic benefits is probable and a reliable estimate can be made. Provisions are measured as the best estimate of the amount required to settle the obligation, taking into account the related risks and uncertainties. Increases in provisions are generally charged as an expense to profit or loss.
3. | Employees
| The average monthly number of employees, including directors, during the period was 2.
4
Ultimate DB Limited
Notes to the financial statements Year ended 31 December 2024
4. | Intangible assets
|  | Computer software
|  | £
| Cost |
| Additions | 39,504
| At 31 December 2024 | 39,504
| Amortisation |
| Charge for the period | 2,832
| At 31 December 2024 | 2,832
| Net book value |
| At 31 December 2024 | 36,672
5. | Debtors
|  |  |  |  | 2024
|  |  |  |  | £
| Other debtors | 100
|  | 100
6. | Creditors: amounts falling due within one year
|  |  |  |  | 2024
|  |  |  |  | £
| Corporation tax | 7,775
| Accruals and deferred income | 1,800
|  | 9,575
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