Caseware UK (AP4) 2024.0.164 2024.0.164 2025-03-31 2025-03-31 2 false The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.2024-04-01 false No description of principal activity 2 true false 11576632 2024-04-01 2025-03-31 11576632 2023-04-01 2024-03-31 11576632 2025-03-31 11576632 2024-03-31 11576632 c:Director1 2024-04-01 2025-03-31 11576632 d:OfficeEquipment 2024-04-01 2025-03-31 11576632 d:OfficeEquipment 2025-03-31 11576632 d:OfficeEquipment 2024-03-31 11576632 d:OfficeEquipment d:OwnedOrFreeholdAssets 2024-04-01 2025-03-31 11576632 d:Goodwill 2024-04-01 2025-03-31 11576632 d:Goodwill 2025-03-31 11576632 d:Goodwill 2024-03-31 11576632 d:CurrentFinancialInstruments 2025-03-31 11576632 d:CurrentFinancialInstruments 2024-03-31 11576632 d:Non-currentFinancialInstruments 2025-03-31 11576632 d:Non-currentFinancialInstruments 2024-03-31 11576632 d:CurrentFinancialInstruments d:WithinOneYear 2025-03-31 11576632 d:CurrentFinancialInstruments d:WithinOneYear 2024-03-31 11576632 d:Non-currentFinancialInstruments d:AfterOneYear 2025-03-31 11576632 d:Non-currentFinancialInstruments d:AfterOneYear 2024-03-31 11576632 d:Non-currentFinancialInstruments d:BetweenOneTwoYears 2025-03-31 11576632 d:Non-currentFinancialInstruments d:BetweenOneTwoYears 2024-03-31 11576632 d:Non-currentFinancialInstruments d:BetweenTwoFiveYears 2025-03-31 11576632 d:Non-currentFinancialInstruments d:BetweenTwoFiveYears 2024-03-31 11576632 d:Non-currentFinancialInstruments d:MoreThanFiveYears 2025-03-31 11576632 d:Non-currentFinancialInstruments d:MoreThanFiveYears 2024-03-31 11576632 d:ShareCapital 2025-03-31 11576632 d:ShareCapital 2024-03-31 11576632 d:RetainedEarningsAccumulatedLosses 2025-03-31 11576632 d:RetainedEarningsAccumulatedLosses 2024-03-31 11576632 d:FinancialAssetsDesignatedFairValueThroughProfitOrLoss 2025-03-31 11576632 d:FinancialAssetsDesignatedFairValueThroughProfitOrLoss 2024-03-31 11576632 c:FRS102 2024-04-01 2025-03-31 11576632 c:AuditExempt-NoAccountantsReport 2024-04-01 2025-03-31 11576632 c:FullAccounts 2024-04-01 2025-03-31 11576632 c:PrivateLimitedCompanyLtd 2024-04-01 2025-03-31 11576632 2 2024-04-01 2025-03-31 11576632 d:Goodwill d:OwnedIntangibleAssets 2024-04-01 2025-03-31 11576632 e:PoundSterling 2024-04-01 2025-03-31 iso4217:GBP xbrli:pure

Registered number: 11576632 LIFEGUARDED LIMITED UNAUDITED FINANCIAL STATEMENTS INFORMATION FOR FILING WITH THE REGISTRAR FOR THE YEAR ENDED 31 MARCH 2025
LIFEGUARDED LIMITED REGISTERED NUMBER: 11576632 BALANCE SHEET AS AT 31 MARCH 2025
|  | 2025 |  | 2024
Note |  | £ |  | £
Fixed assets |  |  |  |  |
Intangible assets | 4 |  | 4,290 |  | 6,432
Tangible assets | 5 |  | 3,507 |  | 3,137
|  |  | 7,797 |  | 9,569
Current assets |  |  |  |  |
Debtors: amounts falling due within one year | 6 | 20,147 |  | 17,151 |
Cash at bank and in hand | 7 | 1,579 |  | 5,474 |
|  | 21,726 |  | 22,625 |
Creditors: amounts falling due within one year | 8 | (13,782) |  | (16,498) |
Net current assets |  |  | 7,944 |  | 6,127
Total assets less current liabilities |  |  | 15,741 |  | 15,696
Creditors: amounts falling due after more than one year | 9 |  | (13,725) |  | (14,184)
Net assets |  |  | 2,016 |  | 1,512
Capital and reserves |  |  |  |  |
Called up share capital |  |  | 100 |  | 100
Profit and loss account |  |  | 1,916 |  | 1,412
|  |  | 2,016 |  | 1,512
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 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 16 October 2025. Page 1
LIFEGUARDED LIMITED REGISTERED NUMBER: 11576632 BALANCE SHEET (CONTINUED) AS AT 31 MARCH 2025
Jack Stone
Director
The notes on pages 3 to 11 form part of these financial statements. Page 2
LIFEGUARDED LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025
1. | General information
Lifeguarded Limited (company number 11576632) is a private company limited by shares, registered in England and Wales. Its registered office is Soverign House, Stockport Road, Cheadle, Cheshire SK8 2EA. 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 | 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.
| 2.3 | 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.
| 2.4 | Interest income
Interest income is recognised in profit or loss using the effective interest method.
| 2.5 | 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.
| 2.6 | Borrowing costs
All borrowing costs are recognised in profit or loss in the year in which they are incurred. Page 3
LIFEGUARDED LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 2.Accounting policies (continued)
| 2.7 | 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.
| 2.8 | Intangible assets
Goodwill Goodwill represents the difference between amounts paid on the cost of a business combination and the acquirer’s interest in the fair value of its identifiable assets and liabilities of the acquiree at the date of acquisition. Subsequent to initial recognition, goodwill is measured at cost less accumulated amortisation and accumulated impairment losses. Goodwill is amortised on a straight-line basis to the Statement of income and retained earnings over its useful economic life. Other 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.
| 2.9 | 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, on a reducing balance basis. Depreciation is provided on the following basis:
|  |  |  | Office equipment | - | 15% |
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. Page 4
LIFEGUARDED LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 2.Accounting policies (continued)
| 2.10 | 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.
| 2.11 | 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.
| 2.12 | 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.
| 2.13 | Financial instruments
The Company has elected to apply the provisions of Section 11 “Basic Financial Instruments” of FRS 102 to all of its financial instruments. The Company has elected to apply the recognition and measurement provisions of IFRS 9 Financial Instruments (as adopted by the UK Endorsement Board) with the disclosure requirements of Sections 11 and 12 and the other presentation requirements of FRS 102. Financial instruments are recognised in the Company's Balance sheet when the Company becomes party to the contractual provisions of the instrument. Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally 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. Basic financial assets Basic financial assets, which include trade and other receivables, cash and bank balances, are initially measured at their transaction price including transaction costs and are subsequently carried at their amortised cost using the effective interest method, less any provision for impairment, 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. Discounting is omitted where the effect of discounting is immaterial. The Company's cash and cash equivalents, trade and most other receivables due with the operating cycle fall into this category of financial instruments. Financial liabilities Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instruments any contract that evidences a residual interest in the assets of the Company after the deduction of all its liabilities. Page 5
LIFEGUARDED LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 2.Accounting policies (continued)
| 2.13 | Financial instruments (continued)
Basic financial liabilities, which include trade and other payables, bank loans and other loans are initially measured at their transaction price after transaction costs. When this constitutes a financing transaction, whereby the debt instrument is measured at the present value of the future receipts discounted at a market rate of interest. Discounting is omitted where the effect of discounting is immaterial. Debt instruments are subsequently carried at their amortised cost using the effective interest rate method. Trade payables are obligations to pay for goods and services that have been acquired in the ordinary course of business from suppliers. Trade payables are classified as current liabilities if the payment is due within one year. If not, they represent non-current liabilities. Trade payables are initially recognised at their transaction price and subsequently are measured at amortised cost using the effective interest method. Discounting is omitted where the effect of discounting is immaterial. Derecognition of financial assets Financial assets are derecognised when their contractual right to future cash flow expire, or are settled, or when the Company transfers the asset and substantially all the risks and rewards of ownership to another party. If significant risks and rewards of ownership are retained after the transfer to another party, then the Company will continue to recognise the value of the portion of the risks and rewards retained. Derecognition of financial liabilities Financial liabilities are derecognised when the Company's contractual obligations expire or are discharged or cancelled.
| 2.14 | 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
|  |  |  |  | 2025 | 2024
|  |  |  |  | £ | £
| Wages and salaries | 26,916 | 24,000
|  | 26,916 | 24,000
| The average monthly number of employees, including directors, during the year was 2 (2024 - 2).
Page 6
LIFEGUARDED LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025
4. | Intangible assets
|  | Goodwill
|  | £
| Cost |
| At 1 April 2024 | 15,000
| At 31 March 2025 | 15,000
| Amortisation |
| At 1 April 2024 | 8,568
| Charge for the year on owned assets | 2,142
| At 31 March 2025 | 10,710
| Net book value |
| At 31 March 2025 | 4,290
| At 31 March 2024 | 6,432
Page 7
LIFEGUARDED LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025
5. | Tangible fixed assets
|  | Office equipment
|  | £
| Cost or valuation |
| At 1 April 2024 | 6,103
| Additions | 988
| At 31 March 2025 | 7,091
| Depreciation |
| At 1 April 2024 | 2,966
| Charge for the year on owned assets | 618
| At 31 March 2025 | 3,584
| Net book value |
| At 31 March 2025 | 3,507
| At 31 March 2024 | 3,137
6. | Debtors
|  |  |  |  | 2025 | 2024
|  |  |  |  | £ | £
| Trade debtors | 12,633 | 8,558
| Other debtors | 6,821 | 7,895
| Prepayments and accrued income | 693 | 698
|  | 20,147 | 17,151
Included within other debtors due within one year is a loan to Jack Stone, a director, amounting to £3,008 (2024 - £3,991). Amounts repaid during the year totalled £NIL. The main conditions were as follows: the loan was interest free and repayable on demand. Page 8
LIFEGUARDED LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025
7. | Cash and cash equivalents
|  |  |  |  | 2025 | 2024
|  |  |  |  | £ | £
| Cash at bank and in hand | 1,579 | 5,474
|  | 1,579 | 5,474
8. | Creditors: Amounts falling due within one year
|  |  |  |  | 2025 | 2024
|  |  |  |  | £ | £
| Bank loans | 2,300 | 2,300
| Corporation tax | 9,900 | 11,604
| Obligations under finance lease and hire purchase contracts | 495 | -
| Other creditors | - | 1,517
| Accruals and deferred income | 1,087 | 1,077
|  | 13,782 | 16,498
9. | Creditors: Amounts falling due after more than one year
|  |  |  |  | 2025 | 2024
|  |  |  |  | £ | £
| Bank loans | 13,396 | 14,184
| Net obligations under finance leases and hire purchase contracts | 329 | -
|  | 13,725 | 14,184
Page 9
LIFEGUARDED LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025
10. | Loans
| Analysis of the maturity of loans is given below:
|  |  |  |  | 2025 | 2024
|  |  |  |  | £ | £
| Amounts falling due within one year |  |
| Bank loans | 2,300 | 2,300
|  | 2,300 | 2,300
| Amounts falling due 1-2 years |  |
| Bank loans | 2,300 | 2,300
|  | 2,300 | 2,300
| Amounts falling due 2-5 years |  |
| Bank loans | 6,900 | 6,900
|  | 6,900 | 6,900
| Amounts falling due after more than 5 years |  |
| Bank loans | 4,196 | 4,984
|  | 4,196 | 4,984
|  | 15,696 | 16,484
11. | Hire purchase and finance leases
| Minimum lease payments under hire purchase fall due as follows:
|  |  |  |  | 2025 | 2024
|  |  |  |  | £ | £
|  | - | -
Page 10
LIFEGUARDED LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025
12. | Financial instruments
|  |  |  |  | 2025 | 2024
|  |  |  |  | £ | £
| Financial assets |  |
| Financial assets measured at fair value through profit or loss | 1,579 | 5,474
| Financial assets measured at fair value through profit or loss comprise of cash at bank
Page 11