Caseware UK (AP4) 2024.0.164 2024.0.164 2025-03-31 2025-03-31 0 false false 2024-04-01 The principal activity of the company continued to be that of a web-based platform that inspires chemistry teams to deliver faster 0 false true The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. 12531791 2024-04-01 2025-03-31 12531791 2023-01-01 2024-03-31 12531791 2025-03-31 12531791 2024-03-31 12531791 c:Director8 2024-04-01 2025-03-31 12531791 d:CurrentFinancialInstruments 2025-03-31 12531791 d:CurrentFinancialInstruments 2024-03-31 12531791 d:CurrentFinancialInstruments d:WithinOneYear 2025-03-31 12531791 d:CurrentFinancialInstruments d:WithinOneYear 2024-03-31 12531791 d:ShareCapital 2025-03-31 12531791 d:ShareCapital 2024-03-31 12531791 d:RetainedEarningsAccumulatedLosses 2025-03-31 12531791 d:RetainedEarningsAccumulatedLosses 2024-03-31 12531791 c:OrdinaryShareClass1 2024-04-01 2025-03-31 12531791 c:OrdinaryShareClass1 2025-03-31 12531791 c:OrdinaryShareClass1 2024-03-31 12531791 c:OrdinaryShareClass2 2024-04-01 2025-03-31 12531791 c:OrdinaryShareClass2 2025-03-31 12531791 c:OrdinaryShareClass2 2024-03-31 12531791 c:FRS102 2024-04-01 2025-03-31 12531791 c:AuditExempt-NoAccountantsReport 2024-04-01 2025-03-31 12531791 c:FullAccounts 2024-04-01 2025-03-31 12531791 c:PrivateLimitedCompanyLtd 2024-04-01 2025-03-31 12531791 2 2024-04-01 2025-03-31 12531791 e:PoundSterling 2024-04-01 2025-03-31 xbrli:shares iso4217:GBP xbrli:pure

Registered number: 12531791 TORX SOFTWARE LTD UNAUDITED FINANCIAL STATEMENTS INFORMATION FOR FILING WITH THE REGISTRAR FOR THE YEAR ENDED 31 MARCH 2025
TORX SOFTWARE LTD REGISTERED NUMBER: 12531791 BALANCE SHEET AS AT 31 MARCH 2025
|  | 2025 |  | 2024
Note |  | £ |  | £
CURRENT ASSETS |  |  |  |  |
Debtors: amounts falling due within one year | 4 | 436,678 |  | 617,831 |
Cash at bank and in hand |  | 979,250 |  | 673,715 |
|  | 1,415,928 |  | 1,291,546 |
Creditors: amounts falling due within one year | 5 | (6,211,134) |  | (5,362,028) |
NET CURRENT LIABILITIES |  |  | (4,795,206) |  | (4,070,482)
TOTAL ASSETS LESS CURRENT LIABILITIES |  |  | (4,795,206) |  | (4,070,482)
NET LIABILITIES |  |  | (4,795,206) |  | (4,070,482)
CAPITAL AND RESERVES |  |  |  |  |
Called up share capital | 6 |  | 2 |  | 2
Profit and loss account |  |  | (4,795,208) |  | (4,070,484)
|  |  | (4,795,206) |  | (4,070,482)
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TORX SOFTWARE LTD REGISTERED NUMBER: 12531791 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 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:
R J Scutt
Director
Date: 23 October 2025
The notes on pages 3 to 5 form part of these financial statements. Page 2
TORX SOFTWARE LTD NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025
1. | GENERAL INFORMATION
The Company is a private company limited by shares and is incorporated in England and Wales. The registered office and principal trading address is New Cambridge House, Bassingbourn Road, Litlington, Cambridgeshire, SG8 0SS. 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
The Company has net liabilities of £4.8m as at 31 March 2025 (2024 - £4.1m). The financial statements are prepared on the going concern basis on the assumption that the company continues to receive financial support from group companies to provide sufficient funds to enable it to meet its liabilities as they fall due.
| 2.3 | 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 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 Comprehensive Income within 'finance income or costs'. All other foreign exchange gains and losses are presented in profit or loss within 'other operating income'. Page 3
TORX SOFTWARE LTD NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 2.ACCOUNTING POLICIES (CONTINUED)
| 2.4 | TURNOVER
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.
| 2.5 | INTEREST INCOME
Interest income is recognised in profit or loss using the effective interest method.
| 2.6 | TAXATION
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.
| 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.
3. | EMPLOYEES
| The Company has no employees other than the directors, who did not receive any remuneration (2024 - £NIL).
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TORX SOFTWARE LTD NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025
4. | DEBTORS
|  |  |  |  | 2025 | 2024
|  |  |  |  | £ | £
| Trade debtors | 98,099 | 185,161
| Other debtors | 289,793 | 394,704
| Prepayments and accrued income | 48,786 | 37,966
|  | 436,678 | 617,831
5. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
|  |  |  |  | 2025 | 2024
|  |  |  |  | £ | £
| Trade creditors | 89,012 | 58,520
| Amounts owed to group undertakings | 5,370,356 | 4,254,539
| Other creditors | - | 2,748
| Accruals and deferred income | 751,766 | 1,046,221
|  | 6,211,134 | 5,362,028
6. | SHARE CAPITAL
|  |  |  |  | 2025 | 2024
|  |  |  |  | £ | £
|  | ALLOTTED, CALLED UP AND FULLY PAID |  |
|  | 1 (2024 - 1) A Ordinary share of £1 | 1 | 1
|  | 1 (2024 - 1) B Ordinary share of £1 | 1 | 1
|  |  | 2 | 2
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