Caseware UK (AP4) 2024.0.164 2024.0.164 2025-03-31 2025-03-31 false 2024-04-01 false The principal activity of the company during the year was that of Internet Booking Agents.16 16 true The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.false 03981568 2024-04-01 2025-03-31 03981568 2023-04-01 2024-03-31 03981568 2025-03-31 03981568 2024-03-31 03981568 2023-04-01 03981568 c:Director1 2024-04-01 2025-03-31 03981568 d:FurnitureFittings 2024-04-01 2025-03-31 03981568 d:FurnitureFittings 2025-03-31 03981568 d:FurnitureFittings 2024-03-31 03981568 d:FurnitureFittings d:OwnedOrFreeholdAssets 2024-04-01 2025-03-31 03981568 d:ComputerEquipment 2024-04-01 2025-03-31 03981568 d:ComputerEquipment 2025-03-31 03981568 d:ComputerEquipment 2024-03-31 03981568 d:ComputerEquipment d:OwnedOrFreeholdAssets 2024-04-01 2025-03-31 03981568 d:OwnedOrFreeholdAssets 2024-04-01 2025-03-31 03981568 d:DevelopmentCostsCapitalisedDevelopmentExpenditure 2024-04-01 2025-03-31 03981568 d:DevelopmentCostsCapitalisedDevelopmentExpenditure 2025-03-31 03981568 d:DevelopmentCostsCapitalisedDevelopmentExpenditure 2024-03-31 03981568 d:CurrentFinancialInstruments 2025-03-31 03981568 d:CurrentFinancialInstruments 2024-03-31 03981568 d:Non-currentFinancialInstruments 2025-03-31 03981568 d:Non-currentFinancialInstruments 2024-03-31 03981568 d:CurrentFinancialInstruments d:WithinOneYear 2025-03-31 03981568 d:CurrentFinancialInstruments d:WithinOneYear 2024-03-31 03981568 d:Non-currentFinancialInstruments d:AfterOneYear 2025-03-31 03981568 d:Non-currentFinancialInstruments d:AfterOneYear 2024-03-31 03981568 d:Non-currentFinancialInstruments d:BetweenOneTwoYears 2025-03-31 03981568 d:Non-currentFinancialInstruments d:BetweenOneTwoYears 2024-03-31 03981568 d:Non-currentFinancialInstruments d:BetweenTwoFiveYears 2025-03-31 03981568 d:Non-currentFinancialInstruments d:BetweenTwoFiveYears 2024-03-31 03981568 d:ShareCapital 2024-04-01 2025-03-31 03981568 d:ShareCapital 2025-03-31 03981568 d:ShareCapital 2023-04-01 2024-03-31 03981568 d:ShareCapital 2024-03-31 03981568 d:ShareCapital 2023-04-01 03981568 d:CapitalRedemptionReserve 2024-04-01 2025-03-31 03981568 d:CapitalRedemptionReserve 2025-03-31 03981568 d:CapitalRedemptionReserve 2023-04-01 2024-03-31 03981568 d:CapitalRedemptionReserve 2024-03-31 03981568 d:CapitalRedemptionReserve 2023-04-01 03981568 d:RetainedEarningsAccumulatedLosses 2024-04-01 2025-03-31 03981568 d:RetainedEarningsAccumulatedLosses 2025-03-31 03981568 d:RetainedEarningsAccumulatedLosses 2023-04-01 2024-03-31 03981568 d:RetainedEarningsAccumulatedLosses 2024-03-31 03981568 d:RetainedEarningsAccumulatedLosses 2023-04-01 03981568 c:FRS102 2024-04-01 2025-03-31 03981568 c:AuditExemptWithAccountantsReport 2024-04-01 2025-03-31 03981568 c:FullAccounts 2024-04-01 2025-03-31 03981568 c:PrivateLimitedCompanyLtd 2024-04-01 2025-03-31 03981568 d:DevelopmentCostsCapitalisedDevelopmentExpenditure d:ExternallyAcquiredIntangibleAssets 2024-04-01 2025-03-31 03981568 2 2024-04-01 2025-03-31 03981568 d:DevelopmentCostsCapitalisedDevelopmentExpenditure d:OwnedIntangibleAssets 2024-04-01 2025-03-31 03981568 e:PoundSterling 2024-04-01 2025-03-31 iso4217:GBP xbrli:pure

Registered number: 03981568 RAM TINTO ASSOCIATES LTD UNAUDITED FINANCIAL STATEMENTS INFORMATION FOR FILING WITH THE REGISTRAR FOR THE YEAR ENDED 31 MARCH 2025
RAM TINTO ASSOCIATES LTD CHARTERED ACCOUNTANTS' REPORT TO THE BOARD OF DIRECTORS ON THE PREPARATION OF THE UNAUDITED STATUTORY FINANCIAL STATEMENTS OF RAM TINTO ASSOCIATES LTD FOR THE YEAR ENDED 31 MARCH 2025 In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Ram Tinto Associates Limited for the year ended 31 March 2025 which comprise the Statement of Financial Position, the Statement of Changes in Equity and the related notes from the Company's accounting records and from information and explanations you have given us. As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed at https://www.icaew.com /regulation. This report is made solely to the Board of Directors of Ram Tinto Associates Limited, as a body, in accordance with the terms of our engagement letter dated 13th December 2018. Our work has been undertaken solely to prepare for your approval the financial statements of Ram Tinto Associates Limited and state those matters that we have agreed to state to the Board of Directors of Ram Tinto Associates Limited, as a body, in this report in accordance with ICAEW Technical Release TECH07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Ram Tinto Associates Limited and its Board of Directors, as a body, for our work or for this report. It is your duty to ensure that Ram Tinto Associates Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and loss of Ram Tinto Associates Limited. You consider that Ram Tinto Associates Limited is exempt from the statutory audit requirement for the year. We have not been instructed to carry out an audit or review of the financial statements of Ram Tinto Associates Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements. White Hart Associates (London) Limited Chartered Accountants and Statutory Auditors 2nd Floor, Nucleus House 2 Lower Mortlake Road Richmond TW9 2JA 28 October 2025 Page 1
RAM TINTO ASSOCIATES LTD REGISTERED NUMBER: 03981568 STATEMENT OF FINANCIAL POSITION AS AT 31 MARCH 2025
|  | 2025 |  | 2024
Note |  | £ |  | £
Fixed assets |  |  |  |  |
Intangible assets | 4 |  | 305,879 |  | 213,975
Tangible assets | 5 |  | 1,906 |  | 2,184
|  |  | 307,785 |  | 216,159
Current assets |  |  |  |  |
Debtors: amounts falling due within one year | 6 | 57,587 |  | 54,489 |
Cash at bank and in hand | 7 | 647,192 |  | 893,665 |
|  | 704,779 |  | 948,154 |
Creditors: amounts falling due within one year | 8 | (176,604) |  | (192,516) |
Net current assets |  |  | 528,175 |  | 755,638
Total assets less current liabilities |  |  | 835,960 |  | 971,797
Creditors: amounts falling due after more than one year | 9 |  | - |  | (64,810)
Net assets |  |  | 835,960 |  | 906,987
Capital and reserves |  |  |  |  |
Called up share capital |  |  | 1,110 |  | 1,110
Capital redemption reserve |  |  | 890 |  | 890
Profit and loss account |  |  | 833,960 |  | 904,987
|  |  | 835,960 |  | 906,987
Page 2
RAM TINTO ASSOCIATES LTD REGISTERED NUMBER: 03981568 STATEMENT OF FINANCIAL POSITION (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 Company's financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime. 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 28 October 2025.
Nikki Tinto
Director
The notes on pages 5 to 11 form part of these financial statements. Page 3
RAM TINTO ASSOCIATES LTD STATEMENT OF CHANGES IN EQUITY FOR THE YEAR ENDED 31 MARCH 2025
| Called up share capital | Capital redemption reserve | Profit and loss account | Total equity
| £ | £ | £ | £
At 1 April 2023 | 1,110 | 890 | 959,842 | 961,842
Comprehensive income for the year |  |  |  |
Loss for the year | - | - | (54,855) | (54,855)
Total comprehensive income for the year | - | - | (54,855) | (54,855)
Total transactions with owners | - | - | - | -
At 1 April 2024 | 1,110 | 890 | 904,987 | 906,987
Comprehensive income for the year |  |  |  |
Loss for the year | - | - | (71,027) | (71,027)
Total comprehensive income for the year | - | - | (71,027) | (71,027)
Total transactions with owners | - | - | - | -
At 31 March 2025 | 1,110 | 890 | 833,960 | 835,960
| The notes on pages 5 to 11 form part of these financial statements.
Page 4
RAM TINTO ASSOCIATES 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, registered in England and Wales. The registered office address is 23 Westfield Park, Bristol, BS6 6LT. 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 Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006. The preparation of financial statements in compliance with FRS 102 requires the use of certain critical accounting estimates. It also requires management to exercise judgment in applying the Company's accounting policies. The following principal accounting policies have been applied:
| 2.2 | 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'.
| 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. Turnover represents the commission earned on all travel arrangements sold. Some elements of commission are recognised on the date of booking confirmed whilst others are recognised on date of departure. Page 5
RAM TINTO ASSOCIATES LTD NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 2.Accounting policies (continued)
| 2.4 | 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. The Company has taken advantage of the optional exemption available on transition to FRS 102 which allows lease incentives on leases entered into before the date of transition to the standard 01 April 2023 to continue to be charged over the period to the first market rent review rather than the term of the lease.
| 2.5 | Research and development
In the research phase of an internal project it is not possible to demonstrate that the project will generate future economic benefits and hence all expenditure on research shall be recognised as an expense when it is incurred. Intangible assets are recognised from the development phase of a project if and only if certain specific criteria are met in order to demonstrate the asset will generate probable future economic benefits and that its cost can be reliably measured. The capitalised development costs are subsequently amortised on a straight-line basis over their useful economic lives, which range from 5 to 10 years. If it is not possible to distinguish between the research phase and the development phase of an internal project, the expenditure is treated as if it were all incurred in the research phase only.
| 2.6 | Interest income
Interest income is recognised in profit or loss using the effective interest method.
| 2.7 | 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.
| 2.8 | Borrowing costs
All borrowing costs are recognised in profit or loss in the year in which they are incurred.
| 2.9 | 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 Statement of Financial Position. The assets of the plan are held separately from the Company in independently administered funds. Page 6
RAM TINTO ASSOCIATES LTD NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 2.Accounting policies (continued)
| 2.10 | 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 reporting date in the countries where the Company operates and generates income.
| 2.11 | 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. Amortisation is provided on the following bases:
|  |  |  | Software Development | - | 12.5 % | Straight Line
| 2.12 | 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, using the straight-line method. Depreciation is provided on the following basis:
|  |  |  | Fixtures and fittings | - | 20% | Straight Line
|  |  |  | Equipment | - | 20% | Straight Line
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.
| 2.13 | 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. Page 7
RAM TINTO ASSOCIATES LTD NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 2.Accounting policies (continued)
| 2.14 | 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.
3. | Employees
| The average monthly number of employees, including the directors, during the year was as follows:
|  |  | 2025 | 2024
|  |  | No. | No.
|  | Admin Staff | 16 | 16
4. | Intangible assets
|  | Software Development
|  | £
| Cost |
| At 1 April 2024 | 2,082,695
| Additions | 158,800
| At 31 March 2025 | 2,241,495
| Amortisation |
| At 1 April 2024 | 1,868,720
| Charge for the year on owned assets | 66,896
| At 31 March 2025 | 1,935,616
| Net book value |
| At 31 March 2025 | 305,879
| At 31 March 2024 | 213,975
Page 8
RAM TINTO ASSOCIATES LTD NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025
5. | Tangible fixed assets
|  | Fixtures and fittings | Equipment | Total
|  | £ | £ | £
| Cost or valuation |  |  |
| At 1 April 2024 | 1,023 | 25,845 | 26,868
| Additions | - | 778 | 778
| Disposals | - | (13,234) | (13,234)
| At 31 March 2025 | 1,023 | 13,389 | 14,412
| Depreciation |  |  |
| At 1 April 2024 | 1,023 | 23,661 | 24,684
| Charge for the year on owned assets | - | 1,056 | 1,056
| Disposals | - | (13,234) | (13,234)
| At 31 March 2025 | 1,023 | 11,483 | 12,506
| Net book value |  |  |
| At 31 March 2025 | - | 1,906 | 1,906
| At 31 March 2024 | - | 2,184 | 2,184
6. | Debtors
|  |  |  |  | 2025 | 2024
|  |  |  |  | £ | £
| Trade debtors | 11,379 | 5,065
| Other debtors | 29,734 | 35,135
| Prepayments and accrued income | 16,474 | 14,289
|  | 57,587 | 54,489
Page 9
RAM TINTO ASSOCIATES LTD 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 | 647,192 | 893,665
|  | 647,192 | 893,665
8. | Creditors: Amounts falling due within one year
|  |  |  |  | 2025 | 2024
|  |  |  |  | £ | £
| Bank loan | - | 33,714
| Trade creditors | 10,753 | 9,632
| Other taxation and social security | 14,428 | 14,976
| Other creditors | 73,937 | 67,127
| Accruals and deferred income | 77,486 | 67,067
|  | 176,604 | 192,516
9. | Creditors: Amounts falling due after more than one year
|  |  |  |  | 2025 | 2024
|  |  |  |  | £ | £
| Bank loan | - | 64,810
|  | - | 64,810
Page 10
RAM TINTO ASSOCIATES LTD NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025
10. | Loan
| Analysis of the maturity of loans is given below:
|  |  |  |  | 2025 | 2024
|  |  |  |  | £ | £
| Amounts falling due within one year |  |
| Bank loan | - | 33,714
|  | - | 33,714
| Amounts falling due 1-2 years |  |
| Bank loan | - | 33,714
| Amounts falling due 2-5 years |  |
| Bank loan | - | 31,096
|  | - | 98,524
| The above bank loan is a Government backed Coronavirus Business Interruption Loan Support Scheme ('CBILS') loans. The loan from Santander was originally repayable over 60 monthly instalments, with the final repayment due in February 2027, and carried an interest rate of 3.8% above the base rate. The facility included a 12-month capital repayment holiday and a Business Interruption Payment (BIP) made by the UK Government to cover the first 12 months’ interest. The loan was fully repaid prior to the year end of 31 March 2025 and has a nil balance as at the year end.
11. | Pension commitments
The Company operates a defined contributions pension scheme. The assets of the scheme are held separately from those of the Company in an independently administered fund. The pension cost charge represents contributions payable by the Company to the fund and amounted to £35,524 (2024 - £30,433). Contributions totalling £4,205 (2024 - £Nil) were payable to the fund at the reporting date.
12. | Charges
On 19 February 2021, there was a fixed and floating charge registered over all assets of the company in favour of Santander UK Plc registered at companies house.
13. | Controlling party
The ultimate controlling party is Nikki Tinto, a director of the company, by virtue of her majority of the issued share capital of the company.
Page 11