Caseware UK (AP4) 2024.0.164 2024.0.164 2024-12-31 2024-12-31 2 The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.No description of principal activity 2024-01-01 false 2 true true false 13411980 2024-01-01 2024-12-31 13411980 2023-01-01 2023-12-31 13411980 2024-12-31 13411980 2023-12-31 13411980 c:Director1 2024-01-01 2024-12-31 13411980 d:CurrentFinancialInstruments 2024-12-31 13411980 d:CurrentFinancialInstruments 2023-12-31 13411980 d:Non-currentFinancialInstruments 2024-12-31 13411980 d:Non-currentFinancialInstruments 2023-12-31 13411980 d:CurrentFinancialInstruments d:WithinOneYear 2024-12-31 13411980 d:CurrentFinancialInstruments d:WithinOneYear 2023-12-31 13411980 d:Non-currentFinancialInstruments d:AfterOneYear 2024-12-31 13411980 d:Non-currentFinancialInstruments d:AfterOneYear 2023-12-31 13411980 d:Non-currentFinancialInstruments d:BetweenTwoFiveYears 2024-12-31 13411980 d:Non-currentFinancialInstruments d:BetweenTwoFiveYears 2023-12-31 13411980 d:ShareCapital 2024-12-31 13411980 d:ShareCapital 2023-12-31 13411980 d:RetainedEarningsAccumulatedLosses 2024-12-31 13411980 d:RetainedEarningsAccumulatedLosses 2023-12-31 13411980 c:FRS102 2024-01-01 2024-12-31 13411980 c:AuditExempt-NoAccountantsReport 2024-01-01 2024-12-31 13411980 c:FullAccounts 2024-01-01 2024-12-31 13411980 c:PrivateLimitedCompanyLtd 2024-01-01 2024-12-31 13411980 e:PoundSterling 2024-01-01 2024-12-31 iso4217:GBP xbrli:pure

Registered number: 13411980 SC MAIDA VALE LIMITED UNAUDITED FINANCIAL STATEMENTS INFORMATION FOR FILING WITH THE REGISTRAR FOR THE YEAR ENDED 31 DECEMBER 2024
SC MAIDA VALE LIMITED REGISTERED NUMBER: 13411980 BALANCE SHEET AS AT 31 DECEMBER 2024
|  | 2024 |  | 2023
Note |  | £ |  | £
Current assets |  |  |  |  |
Stocks |  | 2,175,000 |  | 2,815,200 |
Debtors: amounts falling due within one year | 4 | 742,110 |  | 721,662 |
|  | 2,917,110 |  | 3,536,862 |
Creditors: amounts falling due within one year | 5 | (2,901,149) |  | (2,839,973) |
Net current assets |  |  | 15,961 |  | 696,889
Total assets less current liabilities |  |  | 15,961 |  | 696,889
Creditors: amounts falling due after more than one year | 6 |  | (1,145,576) |  | (1,800,230)
Net liabilities |  |  | (1,129,615) |  | (1,103,341)
Capital and reserves |  |  |  |  |
Called up share capital |  |  | 200 |  | 200
Profit and loss account |  |  | (1,129,815) |  | (1,103,541)
|  |  | (1,129,615) |  | (1,103,341)
Page 1
SC MAIDA VALE LIMITED REGISTERED NUMBER: 13411980 BALANCE SHEET (CONTINUED) AS 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 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 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 by:
S E Klein
Director
Date: 19 October 2025
The notes on pages 3 to 5 form part of these financial statements. Page 2
SC MAIDA VALE LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024
1. | General information
SC Maida Vale Limited is a private company limited by shares and incorporated in England & Wales (registered number 13411980). The registered office is 101 New Cavendish Street, 1st Floor South, London, W1W 6XH. The financial statements are presented in Sterling, which is the functional currency of the company. 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
In assessing the ability of the company to operate as a going concern, management have evaluated current and forecasted operational results, and the solvency of the company. The directors have obtained assurances from the shareholders to continue to provide adequate funds to meet its obligations, and not to demand repayment of any funds due to them, until the company is in a financial position to do so. As a result, the directors consider it appropriate to prepare the financial statements on a going concern basis.
| 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 | 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 3
SC MAIDA VALE LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024 2.Accounting policies (continued)
| 2.5 | Borrowing costs
All borrowing costs are recognised in profit or loss in the year in which they are incurred.
| 2.6 | Stocks
Stocks are stated at the lower of cost and net realisable value, being the estimated selling price less costs to complete and sell. Cost is based on the cost of purchase on a first in, first out basis. Work in progress and finished goods include labour and attributable overheads. At each balance sheet date, stocks are assessed for impairment. If stock is impaired, the carrying amount is reduced to its selling price less costs to complete and sell. The impairment loss is recognised immediately in profit or loss.
| 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 | 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.
3. | Employees
| The average monthly number of employees, including directors, during the year was 2 (2023 - 2).
4. | Debtors
|  |  |  |  | 2024 | 2023
|  |  |  |  | £ | £
| Trade debtors | 3,703 | -
| Other debtors | 704,597 | 721,662
| Prepayments and accrued income | 33,810 | -
|  | 742,110 | 721,662
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SC MAIDA VALE LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024
5. | Creditors: Amounts falling due within one year
|  |  |  |  | 2024 | 2023
|  |  |  |  | £ | £
| Trade creditors | 44,400 | 157,826
| Other creditors | 2,856,749 | 2,682,147
|  | 2,901,149 | 2,839,973
6. | Creditors: Amounts falling due after more than one year
|  |  |  |  | 2024 | 2023
|  |  |  |  | £ | £
| Bank loans | 1,145,576 | 1,800,230
|  | 1,145,576 | 1,800,230
7. | Loans
| Analysis of the maturity of loans is given below:
|  |  |  |  | 2024 | 2023
|  |  |  |  | £ | £
| Amounts falling due 2-5 years |  |
| Bank loans | 1,145,576 | 1,800,230
|  | 1,145,576 | 1,800,230
|  | 1,145,576 | 1,800,230
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