Caseware UK (AP4) 2024.0.164 2024.0.164 2025-04-30 2025-04-30 true false 82 2024-05-01 design and installation of web sites and web-based software solutions 75 false false 04232998 2024-05-01 2025-04-30 04232998 2023-05-01 2024-04-30 04232998 2025-04-30 04232998 2024-04-30 04232998 2023-05-01 04232998 1 2024-05-01 2025-04-30 04232998 1 2023-05-01 2024-04-30 04232998 4 2024-05-01 2025-04-30 04232998 4 2023-05-01 2024-04-30 04232998 d:CompanySecretary1 2024-05-01 2025-04-30 04232998 d:Director1 2024-05-01 2025-04-30 04232998 d:Director2 2024-05-01 2025-04-30 04232998 d:Director3 2024-05-01 2025-04-30 04232998 d:RegisteredOffice 2024-05-01 2025-04-30 04232998 e:Buildings 2024-05-01 2025-04-30 04232998 e:Buildings 2025-04-30 04232998 e:Buildings 2024-04-30 04232998 e:Buildings e:OwnedOrFreeholdAssets 2024-05-01 2025-04-30 04232998 e:MotorVehicles 2024-05-01 2025-04-30 04232998 e:MotorVehicles 2025-04-30 04232998 e:MotorVehicles 2024-04-30 04232998 e:MotorVehicles e:OwnedOrFreeholdAssets 2024-05-01 2025-04-30 04232998 e:FurnitureFittings 2024-05-01 2025-04-30 04232998 e:FurnitureFittings 2025-04-30 04232998 e:FurnitureFittings 2024-04-30 04232998 e:FurnitureFittings e:OwnedOrFreeholdAssets 2024-05-01 2025-04-30 04232998 e:ComputerEquipment 2024-05-01 2025-04-30 04232998 e:ComputerEquipment 2025-04-30 04232998 e:ComputerEquipment 2024-04-30 04232998 e:ComputerEquipment e:OwnedOrFreeholdAssets 2024-05-01 2025-04-30 04232998 e:OwnedOrFreeholdAssets 2024-05-01 2025-04-30 04232998 e:CurrentFinancialInstruments 2025-04-30 04232998 e:CurrentFinancialInstruments 2024-04-30 04232998 e:CurrentFinancialInstruments e:WithinOneYear 2025-04-30 04232998 e:CurrentFinancialInstruments e:WithinOneYear 2024-04-30 04232998 f:UnitedKingdom 2024-05-01 2025-04-30 04232998 f:UnitedKingdom 2023-05-01 2024-04-30 04232998 f:RestEuropeOutsideUK 2024-05-01 2025-04-30 04232998 f:RestEuropeOutsideUK 2023-05-01 2024-04-30 04232998 f:RestWorldOutsideUK 2024-05-01 2025-04-30 04232998 f:RestWorldOutsideUK 2023-05-01 2024-04-30 04232998 e:UKTax 2024-05-01 2025-04-30 04232998 e:UKTax 2023-05-01 2024-04-30 04232998 e:ShareCapital 2025-04-30 04232998 e:ShareCapital 2024-04-30 04232998 e:ShareCapital 2023-05-01 04232998 e:InvestmentPropertiesRevaluationReserve 2024-05-01 2025-04-30 04232998 e:InvestmentPropertiesRevaluationReserve 2025-04-30 04232998 e:InvestmentPropertiesRevaluationReserve 1 2024-05-01 2025-04-30 04232998 e:InvestmentPropertiesRevaluationReserve 2024-04-30 04232998 e:InvestmentPropertiesRevaluationReserve 2023-05-01 04232998 e:InvestmentPropertiesRevaluationReserve 1 2023-05-01 2024-04-30 04232998 e:RetainedEarningsAccumulatedLosses 2024-05-01 2025-04-30 04232998 e:RetainedEarningsAccumulatedLosses 2025-04-30 04232998 e:RetainedEarningsAccumulatedLosses 1 2024-05-01 2025-04-30 04232998 e:RetainedEarningsAccumulatedLosses 2023-05-01 2024-04-30 04232998 e:RetainedEarningsAccumulatedLosses 2024-04-30 04232998 e:RetainedEarningsAccumulatedLosses 2023-05-01 04232998 e:RetainedEarningsAccumulatedLosses 1 2023-05-01 2024-04-30 04232998 d:OrdinaryShareClass1 2024-05-01 2025-04-30 04232998 d:OrdinaryShareClass2 2024-05-01 2025-04-30 04232998 d:OrdinaryShareClass3 2024-05-01 2025-04-30 04232998 d:OrdinaryShareClass4 2024-05-01 2025-04-30 04232998 d:FRS102 2024-05-01 2025-04-30 04232998 d:Audited 2024-05-01 2025-04-30 04232998 d:FullAccounts 2024-05-01 2025-04-30 04232998 d:PrivateLimitedCompanyLtd 2024-05-01 2025-04-30 04232998 e:BetweenOneFiveYears 2025-04-30 04232998 e:BetweenOneFiveYears 2024-04-30 04232998 e:ShareCapital 1 2024-05-01 2025-04-30 04232998 e:ShareCapital 1 2023-05-01 2024-04-30 04232998 e:AcceleratedTaxDepreciationDeferredTax 2025-04-30 04232998 e:AcceleratedTaxDepreciationDeferredTax 2024-04-30 04232998 e:OtherDeferredTax 2025-04-30 04232998 e:OtherDeferredTax 2024-04-30 04232998 g:PoundSterling 2024-05-01 2025-04-30 iso4217:GBP xbrli:pure

Registered number: 04232998 REMARKABLE INTERNET LIMITED ANNUAL REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 APRIL 2025
REMARKABLE INTERNET LIMITED COMPANY INFORMATION
Directors | M West
| S Cart
| B J Brown
Company secretary | N Sadler
Registered number | 04232998
Registered office | Newstead House
| Lake View Drive
| Annesley
| Nottinghamshire
| NG15 0DT
Independent auditors | Barnett & Turner Accountants Limited
| Chartered Accountants & Registered Auditor
| Cromwell House
| 68 West Gate
| Mansfield
| Nottinghamshire
| NG18 1RR
REMARKABLE INTERNET LIMITED CONTENTS
| Page
Strategic report | 1
Directors' report | 2 - 3
Independent auditors' report | 4 - 7
Statement of comprehensive income | 8
Balance sheet | 9
Statement of changes in equity | 10
Statement of cash flows | 11
Notes to the financial statements | 12 - 23
REMARKABLE INTERNET LIMITED STRATEGIC REPORT FOR THE YEAR ENDED 30 APRIL 2025
Introduction
The directors present their strategic report for the year ended 30 April 2025.
Business review
Remarkable Internet Limited is committed to becoming the UK's most customisable e-commerce platform provider. This ambition is driven by the continually evolving technology stack and exceptionally talented team, who bring the company's distinctive proposition to life. Despite challenging market conditions and pressures on consumer spending there has been continued success, which is rooted from the unique combination of dedicated client service and innovative technology. This approach consistently delivers measureable results for our retail partners, accelerating their ecommerce performance while strengthening their operational infrastructure. In addition to the core ecommerce platform, bespoke solutions are provided including warehouse management systems, ERP integrations, which are all tailored to meet the evolving needs of modern retailers. The board is pleased with the company's continued growth which is driven by the expansion of the company's long-standing enterprise client teams. The company has made strategic investments in their resources, including ongoing recruitment to support the evolving needs of existing clients and new business in the pipeline over the next 12 months.
Principal risks and uncertainties
A continuous review of business risks and uncertainties is carried out by management throughout the year. The main risks to the business are the knock-on effects of any general economic downturn in the industry sectors served by the company.
Financial key performance indicators
Over the past year, the company has experienced significant growth across the board despite challenging market conditions that have impacted on consumer spending.
This report was approved by the board on 28 October 2025 and signed on its behalf.
M West Director
Page 1
REMARKABLE INTERNET LIMITED DIRECTORS' REPORT FOR THE YEAR ENDED 30 APRIL 2025 The directors present their report and the financial statements for the year ended 30 April 2025.
Directors' responsibilities statement
The directors are responsible for preparing the Strategic report, the Directors' report and the financial statements in accordance with applicable law and regulations. Company law requires the directors to prepare financial statements for each financial year. Under that law the directors have elected to prepare the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice), including Financial Reporting Standard 102 ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland'. Under company law the directors must not approve the financial statements unless they are satisfied that they give a true and fair view of the state of affairs of the company and of the profit or loss of the company for that period. In preparing these financial statements, the directors are required to: ∙select suitable accounting policies for the company's financial statements and then apply them consistently; ∙make judgments and accounting estimates that are reasonable and prudent; ∙prepare the financial statements on the going concern basis unless it is inappropriate to presume that the company will continue in business. The directors are responsible for keeping adequate accounting records that are sufficient to show and explain the company's transactions and disclose with reasonable accuracy at any time the financial position of the company and to enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
Results and dividends
The profit for the year, after taxation, amounted to £2,537,434 (2024 - £1,858,569). Dividends of £435,452 (2024: £668,041) were paid during the year.
Directors
The directors who served during the year were:
M West
S Cart
B J Brown
Page 2
REMARKABLE INTERNET LIMITED DIRECTORS' REPORT (CONTINUED) FOR THE YEAR ENDED 30 APRIL 2025
Future developments
Remarkable Internet Limited has built a solid foundation and remains committed to innovation, continuously seeking ways to help clients thrive. Looking forward, the priorities over the coming year for Remarkable Internet Limited include: ∙Enhancing the unified commerce offering by further integrating the ecommerce technologies with essential back-office capabilities. This includes the continued development of the Remarkable Commerce Manager (RCM) platform, Remarkable Warehouse Manager (RWM), and other supporting solutions. ∙Expanding the team by attracting and recruiting highly skilled individuals to strengthen the talent pool to support innovation and client success. ∙Growing the partner ecosystem by building deeper relationships with complementary brands and technology providers, ultimately driving greater value and growth for clients.
Disclosure of information to auditors
Each of the persons who are directors at the time when this Directors' report is approved has confirmed that: ∙so far as the director is aware, there is no relevant audit information of which the company's auditors are unaware, and ∙the director has taken all the steps that ought to have been taken as a director in order to be aware of any relevant audit information and to establish that the company's auditors are aware of that information.
Auditors
The auditors, Barnett & Turner Accountants Limited, will be proposed for reappointment in accordance with section 485 of the Companies Act 2006. This report was approved by the board on 28 October 2025 and signed on its behalf.
M West Director
Page 3
REMARKABLE INTERNET LIMITED INDEPENDENT AUDITORS' REPORT TO THE MEMBERS OF REMARKABLE INTERNET LIMITED
Opinion
We have audited the financial statements of Remarkable Internet Limited (the 'company') for the year ended 30 April 2025, which comprise the Statement of comprehensive income, the Balance sheet, the Statement of cash flows, the Statement of changes in equity and the related notes, including a summary of significant accounting policies. The financial reporting framework that has been applied in their preparation is applicable law and United Kingdom Accounting Standards, including Financial Reporting Standard 102 ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland' (United Kingdom Generally Accepted Accounting Practice) applicable to smaller entities. In our opinion the financial statements: ∙give a true and fair view of the state of the company's affairs as at 30 April 2025 and of its profit for the year then ended; ∙have been properly prepared in accordance with United Kingdom Generally Accepted Accounting Practice; and ∙have been prepared in accordance with the requirements of the Companies Act 2006.
Basis for opinion
We conducted our audit in accordance with International Standards on Auditing (UK) (ISAs (UK)) and applicable law. Our responsibilities under those standards are further described in the Auditors' responsibilities for the audit of the financial statements section of our report. We are independent of the company in accordance with the ethical requirements that are relevant to our audit of the financial statements in the United Kingdom, including the Financial Reporting Council's Ethical Standard and we have fulfilled our other ethical responsibilities in accordance with these requirements. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our opinion.
Conclusions relating to going concern
In auditing the financial statements, we have concluded that the directors' use of the going concern basis of accounting in the preparation of the financial statements is appropriate. Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue. Our responsibilities and the responsibilities of the directors with respect to going concern are described in the relevant sections of this report. Page 4
REMARKABLE INTERNET LIMITED INDEPENDENT AUDITORS' REPORT TO THE MEMBERS OF REMARKABLE INTERNET LIMITED (CONTINUED)
Other information
The other information comprises the information included in the Annual Report other than the financial statements and our Auditors' report thereon. The directors are responsible for the other information contained within the Annual Report. Our opinion on the financial statements does not cover the other information and, except to the extent otherwise explicitly stated in our report, we do not express any form of assurance conclusion thereon. Our responsibility is to read the other information and, in doing so, consider whether the other information is materially inconsistent with the financial statements or our knowledge obtained in the course of the audit, or otherwise appears to be materially misstated. If we identify such material inconsistencies or apparent material misstatements, we are required to determine whether this gives rise to a material misstatement in the financial statements themselves. If, based on the work we have performed, we conclude that there is a material misstatement of this other information, we are required to report that fact. We have nothing to report in this regard.
Opinion on other matters prescribed by the Companies Act 2006
In our opinion, based on the work undertaken in the course of the audit: ∙the information given in the Strategic report and the Directors' report for the financial year for which the financial statements are prepared is consistent with the financial statements; and ∙the Strategic report and the Directors' report have been prepared in accordance with applicable legal requirements.
Matters on which we are required to report by exception
In the light of the knowledge and understanding of the company and its environment obtained in the course of the audit, we have not identified material misstatements in the Strategic report or the Directors' report. We have nothing to report in respect of the following matters in relation to which the Companies Act 2006 requires us to report to you if, in our opinion: ∙adequate accounting records have not been kept, or returns adequate for our audit have not been received from branches not visited by us; or ∙the financial statements are not in agreement with the accounting records and returns; or ∙certain disclosures of directors' remuneration specified by law are not made; or ∙we have not received all the information and explanations we require for our audit.
Responsibilities of directors
As explained more fully in the Directors' responsibilities statement set out on page 2, the directors are responsible for the preparation of the financial statements and for being satisfied that they give a true and fair view, and for such internal control as the directors determine is necessary to enable the preparation of financial statements that are free from material misstatement, whether due to fraud or error. In preparing the financial statements, the directors are responsible for assessing the company's ability to continue as a going concern, disclosing, as applicable, matters related to going concern and using the going concern basis of accounting unless the directors either intend to liquidate the company or to cease operations, or have no realistic alternative but to do so. Page 5
REMARKABLE INTERNET LIMITED INDEPENDENT AUDITORS' REPORT TO THE MEMBERS OF REMARKABLE INTERNET LIMITED (CONTINUED)
Auditors' responsibilities for the audit of the financial statements
Our objectives are to obtain reasonable assurance about whether the financial statements as a whole are free from material misstatement, whether due to fraud or error, and to issue an Auditors' report that includes our opinion. Reasonable assurance is a high level of assurance, but is not a guarantee that an audit conducted in accordance with ISAs (UK) will always detect a material misstatement when it exists. Misstatements can arise from fraud or error and are considered material if, individually or in the aggregate, they could reasonably be expected to influence the economic decisions of users taken on the basis of these financial statements. Irregularities, including fraud, are instances of non-compliance with laws and regulations. We design procedures in line with our responsibilities, outlined above, to detect material misstatements in respect of irregularities, including fraud. The extent to which our procedures are capable of detecting irregularities, including fraud is detailed below: As part of our planning process: ∙We enquired of management the systems and controls the company has in place, the areas of the financial statements that are mostly susceptible to the risk of irregularities and fraud, and whether there was any known, suspected or alleged fraud. The company did not inform us of any known, suspected or alleged fraud. ∙We obtained an understanding of the legal and regulatory frameworks applicable to the company. We determined that the following were most relevant: FRS 102 and the Companies Act 2006. ∙We considered the incentives and opportunities that exist in the company, including the extent of management bias, which present a potential for irregularities and fraud to be perpetuated, and tailored our risk assessment accordingly. ∙Using our knowledge of the company, together with the discussions held with the company at the planning stage, we formed a conclusion on the risk of misstatement due to irregularities including fraud and tailored our procedures according to this risk assessment. The key procedures we undertook to detect irregularities including fraud during the course of the audit included: ∙Identifying and testing journal entries and the overall accounting records, in particular those that were significant and unusual. ∙Reviewing the financial statement disclosures and determining whether accounting policies have been appropriately applied. ∙Reviewing and challenging the assumptions and judgements used by management in their significant accounting estimates, particularly in relation to depreciation and investment valuation. ∙Testing key revenue lines, in particular cut-off, for evidence of management bias. ∙Performing a physical verification of key assets. ∙Obtaining third-party confirmation of material bank balances. ∙Reviewing documentation such as the company board minutes, correspondence with solicitors, for discussions of irregularities including fraud. Page 6
REMARKABLE INTERNET LIMITED INDEPENDENT AUDITORS' REPORT TO THE MEMBERS OF REMARKABLE INTERNET LIMITED (CONTINUED) Owing to the inherent limitations of an audit, there is an unavoidable risk that we may not have detected some material misstatements in the financial statements even though we have properly planned and performed our audit in accordance with auditing standards. The primary responsibility for the prevention and detection of irregularities and fraud rests with the directors. A further description of our responsibilities for the audit of the financial statements is located on the Financial Reporting Council's website at: www.frc.org.uk/auditorsresponsibilities. This description forms part of our Auditors' report.
Use of our report
This report is made solely to the company's members, as a body, in accordance with Chapter 3 of Part 16 of the Companies Act 2006. Our audit work has been undertaken so that we might state to the company's members those matters we are required to state to them in an Auditors' report and for no other purpose. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the company and the company's members, as a body, for our audit work, for this report, or for the opinions we have formed. Jonathan Wilson FCA CTA (Senior statutory auditor) for and on behalf of Barnett & Turner Accountants Limited Chartered Accountants Registered Auditor Cromwell House 68 West Gate Mansfield Nottinghamshire NG18 1RR 28 October 2025 Page 7
REMARKABLE INTERNET LIMITED STATEMENT OF COMPREHENSIVE INCOME FOR THE YEAR ENDED 30 APRIL 2025
| 2025 | 2024
Note | £ | £
Turnover | 4 | 8,951,178 | 7,400,464
Cost of sales |  | (4,480,586) | (3,864,911)
Gross profit |  | 4,470,592 | 3,535,553
Administrative expenses |  | (1,219,542) | (1,114,489)
Other operating income | 5 | 103,119 | 103,961
Operating profit | 6 | 3,354,169 | 2,525,025
Interest receivable and similar income | 10 | 41,875 | 7,960
Interest payable and similar expenses | 11 | (1,836) | -
Other finance income |  | (10,920) | 61,194
Profit before tax |  | 3,383,288 | 2,594,179
Tax on profit | 12 | (845,854) | (735,610)
Profit for the financial year |  | 2,537,434 | 1,858,569
There were no recognised gains and losses for 2025 or 2024 other than those included in the statement of comprehensive income.
There was no other comprehensive income for 2025 (2024:£NIL).
The notes on pages 12 to 23 form part of these financial statements.
Page 8
REMARKABLE INTERNET LIMITED REGISTERED NUMBER: 04232998 BALANCE SHEET AS AT 30 APRIL 2025
| 2025 | 2025 | 2024 | 2024
Note | £ | £ | £ | £
Fixed assets |  |  |  |  |
Tangible assets | 14 |  | 1,388,369 |  | 1,395,125
Current assets |  |  |  |  |
Debtors: amounts falling due within one year | 15 | 1,945,137 |  | 1,857,238 |
Current asset investments | 16 | 1,911,910 |  | 811,194 |
Cash at bank and in hand | 17 | 4,079,861 |  | 3,248,125 |
|  | 7,936,908 |  | 5,916,557 |
Creditors: amounts falling due within one year | 18 | (1,477,877) |  | (1,550,154) |
Net current assets |  |  | 6,459,031 |  | 4,366,403
Total assets less current liabilities |  |  | 7,847,400 |  | 5,761,528
Provisions for liabilities |  |  |  |  |
Deferred tax | 19 |  | (69,891) |  | (86,001)
Net assets |  |  | 7,777,509 |  | 5,675,527
Capital and reserves |  |  |  |  |
Called up share capital |  |  | 2,421 |  | 2,421
Investment revaluation reserve | 21 |  | 42,297 |  | 45,896
Profit and loss account | 21 |  | 7,732,791 |  | 5,627,210
|  |  | 7,777,509 |  | 5,675,527
The financial statements were approved and authorised for issue by the board and were signed on its behalf on 28 October 2025.
M West
Director
The notes on pages 12 to 23 form part of these financial statements. Page 9
REMARKABLE INTERNET LIMITED STATEMENT OF CHANGES IN EQUITY FOR THE YEAR ENDED 30 APRIL 2025
| Called up share capital | Investment revaluation reserve | Profit and loss account | Total equity
| £ | £ | £ | £
At 1 May 2023 | 2,421 | - | 4,482,578 | 4,484,999
Profit for the year | - | - | 1,858,569 | 1,858,569
Transfer to/from revaluation reserve | - | 45,896 | (45,896) | -
Dividends: Equity capital | - | - | (668,041) | (668,041)
At 1 May 2024 | 2,421 | 45,896 | 5,627,210 | 5,675,527
Profit for the year | - | - | 2,537,434 | 2,537,434
Transfer to/from revaluation reserve | - | (3,599) | 3,599 | -
Dividends: Equity capital | - | - | (435,452) | (435,452)
At 30 April 2025 | 2,421 | 42,297 | 7,732,791 | 7,777,509
| The notes on pages 12 to 23 form part of these financial statements.
Page 10
REMARKABLE INTERNET LIMITED STATEMENT OF CASH FLOWS FOR THE YEAR ENDED 30 APRIL 2025
|  |  | 2025 | 2024
|  |  | £ | £
Cash flows from operating activities |  |
Profit for the financial year | 3,354,169 | 2,525,025
Adjustments for: |  |
Depreciation of tangible assets | 61,338 | 65,685
Loss on disposal of tangible assets | 18,720 | 2,125
(Increase) in debtors | (87,899) | (261,667)
(Decrease)/increase in creditors | (131,581) | 460,834
Corporation tax (paid) | (802,660) | (732,992)
Net cash generated from operating activities | 2,412,087 | 2,059,010
Cash flows from investing activities |  |
Purchase of tangible fixed assets | (119,522) | (41,067)
Sale of tangible fixed assets | 46,220 | 567
Purchase of short-term listed investments | (1,111,636) | -
Interest received | 41,875 | 7,960
Net cash from investing activities | (1,143,063) | (32,540)
Cash flows from financing activities |  |
Dividends paid | (435,452) | (668,041)
Interest paid | (1,836) | -
Net cash used in financing activities | (437,288) | (668,041)
Net increase in cash and cash equivalents | 831,736 | 1,358,429
Cash and cash equivalents at beginning of year | 3,248,125 | 1,889,696
Cash and cash equivalents at the end of year | 4,079,861 | 3,248,125
Cash and cash equivalents at the end of year comprise: |  |
Cash at bank and in hand | 4,079,861 | 3,248,125
The notes on pages 12 to 23 form part of these financial statements.
Page 11
REMARKABLE INTERNET LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 APRIL 2025
1. | General information
Remarkable Internet Limited is a private limited company incorporated and domiciled in England (registration number 04232998). Its registered office and principal place of business is situated at Newstead House, Lake View Drive, Annesley, Nottinghamshire NG15 0DT. The principal activity of the company is the design and installation of web sites and web-based software solutions. 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 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 (see note 3). The following principal accounting policies have been applied:
| 2.2 | Going concern
At the time of signing the accounts there remains some uncertainty regarding the full econmic impact of the cost of living and wider geopolitical issues. The directors are aware that the company may be impacted in some way by general factors affecting the UK economy, however budgets show that the company is in a good position to react and adapt to future changes. On the basis of their assessment of the company's financial position, the directors have a reasonable expectation that the company will be able to continue in operational existence for the foreseeable future. Thus they continue to adopt the going concern basis of preparation of the financial statements. Page 12
REMARKABLE INTERNET LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 APRIL 2025 2.Accounting policies (continued)
| 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 | 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 Balance sheet. The assets of the plan are held separately from the company in independently administered funds.
| 2.5 | 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. Assets costing less than £250 are not capitalised and are treated as revenue expenditure. Page 13
REMARKABLE INTERNET LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 APRIL 2025 2.Accounting policies (continued)
| 2.5 | Tangible fixed assets (continued)
Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, on a straight line or reducing balance basis. Depreciation is provided on the following basis:
|  |  |  | Freehold property | - | not depreciated
|  |  |  | Motor vehicles | - | 25% reducing balance
|  |  |  | Fixtures and fittings | - | 25% reducing balance
|  |  |  | Computer equipment | - | 25% 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.
| 2.6 | 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. 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 debtors, cash and bank balances, are initially measured at their transaction price (adjusted for transaction costs except in the initial measurement of financial assets that are subsequently measured at fair value through profit and loss) 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 debtors due with the operating cycle fall into this category of financial instruments. Basic financial liabilities Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the company after the deduction of all its liabilities. Basic financial liabilities, which include trade and other creditors, bank loans and other loans are initially measured at their transaction price (adjusting for transaction costs except in the initial measurement of financial liabilities that are subsequently measured at fair value through profit and Page 14
REMARKABLE INTERNET LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 APRIL 2025 2.Accounting policies (continued)
| 2.6 | Financial instruments (continued)
loss). When this constitutes a financing transaction, whereby the debt instrument is measured at the present value of the future payments 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 creditors are obligations to pay for goods and services that have been acquired in the ordinary course of business from suppliers. Trade creditors are classified as current liabilities if the payment is due within one year. If not, they represent non-current liabilities. Trade creditors 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.
| 2.7 | 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. | Judgments in applying accounting policies and key sources of estimation uncertainty
Preparation of the financial statements requires the Directors to make significant judgements and estimates. The items in the financial statements where these judgements and estimates have been made include: Depreciation of tangible fixed assets Determining the appropriate rate of depreciation of tangible fixed assets requires an estimation of the useful economic life and ultimate net realisable value. The useful economic life is determined to be the period during which each asset will generate positive cash flows for the Company. Valuations of investments Investments are valued at market value at the balance sheet date. The value of listed investments is determined by reference to the quoted price for identical assets in an active market. Page 15
REMARKABLE INTERNET LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 APRIL 2025
4. | Turnover
Analysis of turnover by country of destination:
|  |  |  |  | 2025 | 2024
|  |  |  |  | £ | £
| United Kingdom | 8,871,674 | 7,336,920
| Europe | 74,984 | 59,865
| USA | 4,520 | 3,679
|  | 8,951,178 | 7,400,464
5. | Other operating income
|  |  |  |  | 2025 | 2024
|  |  |  |  | £ | £
| Net rents receivable | 103,119 | 103,961
6. | Operating profit
| The operating profit is stated after charging:
|  |  |  |  | 2025 | 2024
|  |  |  |  | £ | £
| Other operating lease rentals | 28,464 | 25,742
7. | Auditors' remuneration
| During the year, the company obtained the following services from the company's auditors:
|  |  |  |  | 2025 | 2024
|  |  |  |  | £ | £
| Fees payable to the company's auditors for the audit of the company's financial statements | 10,000 | 10,000
Page 16
REMARKABLE INTERNET LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 APRIL 2025
8. | Employees
| Staff costs, including directors' remuneration, were as follows:
|  |  |  |  | 2025 | 2024
|  |  |  |  | £ | £
| Wages and salaries | 3,353,015 | 2,826,075
| Social security costs | 385,260 | 290,811
| Cost of defined contribution scheme | 148,303 | 152,274
|  | 3,886,578 | 3,269,160
| The average monthly number of employees, including directors, during the year was 82 (2024 - 75).
9. | Directors' remuneration
|  |  |  |  | 2025 | 2024
|  |  |  |  | £ | £
| Directors' emoluments | 88,427 | 82,040
| Company contributions to defined contribution pension schemes | 76,402 | 91,299
|  | 164,829 | 173,339
| During the year retirement benefits were accruing to 3 directors (2024 - 3) in respect of defined contribution pension schemes.
10. | Interest receivable
|  |  |  |  | 2025 | 2024
|  |  |  |  | £ | £
| Other interest receivable | 41,875 | 7,960
11. | Interest payable and similar expenses
|  |  |  |  | 2025 | 2024
|  |  |  |  | £ | £
| Other interest payable | 1,836 | -
Page 17
REMARKABLE INTERNET LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 APRIL 2025
12. | Taxation
|  |  |  |  | 2025 | 2024
|  |  |  |  | £ | £
| Corporation tax |  |
| Current tax on profits for the year | 861,964 | 706,754
| Deferred tax |  |
| Origination and reversal of timing differences | (16,110) | 28,856
|  | 845,854 | 735,610
| Factors affecting tax charge for the year
| The tax assessed for the year is higher than (2024 - higher than) the standard rate of corporation tax in the UK of 25% (2024 - 25%). The differences are explained below:
|  |  |  |  | 2025 | 2024
|  |  |  |  | £ | £
| Profit on ordinary activities before tax | 3,383,288 | 2,594,179
| Profit on ordinary activities multiplied by standard rate of corporation tax in the UK of 25% (2024 - 25%) | 845,822 | 648,545
| Effects of: |  |
| Expenses not deductible for tax purposes, other than goodwill amortisation and impairment | (6,927) | 26,451
| Capital allowances for year in excess of depreciation | 23,069 | 12,187
| Book profit on chargeable assets | (16,110) | 28,856
| Changes in tax rates and other differences leading to an increase/(decrease) in the tax charge | - | 19,571
| Total tax charge for the year | 845,854 | 735,610
Page 18
REMARKABLE INTERNET LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 APRIL 2025
13. | Dividends
|  |  |  |  | 2025 | 2024
|  |  |  |  | £ | £
| Dividends - Ordinary | 130,275 | 383,723
| Dividends - Ordinary B | 86,864 | 76,528
| Dividends - Ordinary C | 131,449 | 131,262
| Dividends - Ordinary D | 86,864 | 76,528
|  | 435,452 | 668,041
14. | Tangible fixed assets
|  | Freehold property | Motor vehicles | Fixtures and fittings | Computer equipment | Total
|  | £ | £ | £ | £ | £
| Cost or valuation |  |  |  |  |
| At 1 May 2024 | 1,215,293 | 188,694 | 48,970 | 170,037 | 1,622,994
| Additions | - | 90,979 | - | 28,543 | 119,522
| Disposals | - | (132,124) | - | (1,767) | (133,891)
| At 30 April 2025 | 1,215,293 | 147,549 | 48,970 | 196,813 | 1,608,625
| Depreciation |  |  |  |  |
| At 1 May 2024 | - | 90,455 | 36,034 | 101,380 | 227,869
| Charge for the year on owned assets | - | 26,206 | 3,234 | 31,898 | 61,338
| Disposals | - | (67,913) | - | (1,038) | (68,951)
| At 30 April 2025 | - | 48,748 | 39,268 | 132,240 | 220,256
| Net book value |  |  |  |  |
| At 30 April 2025 | 1,215,293 | 98,801 | 9,702 | 64,573 | 1,388,369
| At 30 April 2024 | 1,215,293 | 98,239 | 12,936 | 68,657 | 1,395,125
Page 19
REMARKABLE INTERNET LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 APRIL 2025
15. | Debtors
|  |  |  |  | 2025 | 2024
|  |  |  |  | £ | £
| Trade debtors | 1,113,822 | 823,140
| Other debtors | 675,345 | 675,345
| Prepayments and accrued income | 155,970 | 358,753
|  | 1,945,137 | 1,857,238
16. | Current asset investments
|  |  |  |  | 2025 | 2024
|  |  |  |  | £ | £
| Listed investments | 1,911,910 | 811,194
|  |  |  |  | 2025 | 2024
|  |  |  |  | £ | £
| Opening fair value | 811,194 | 750,000
| Purchases | 1,111,636 | -
| Gains on remeasurement to fair value | (10,920) | 61,194
| Market value | 1,911,910 | 811,194
17. | Cash and cash equivalents
|  |  |  |  | 2025 | 2024
|  |  |  |  | £ | £
| Cash at bank and in hand | 4,079,861 | 3,248,125
Page 20
REMARKABLE INTERNET LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 APRIL 2025
18. | Creditors: Amounts falling due within one year
|  |  |  |  | 2025 | 2024
|  |  |  |  | £ | £
| Trade creditors | 152,724 | 80,753
| Corporation tax | 435,851 | 376,547
| Other taxation and social security | 423,173 | 309,687
| Other creditors | 331,191 | 294,166
| Accruals and deferred income | 134,938 | 489,001
|  | 1,477,877 | 1,550,154
Page 21
REMARKABLE INTERNET LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 APRIL 2025
19. | Deferred taxation
|  | 2025
|  | £
| At beginning of year | 86,001
| Charged to profit or loss | 16,110
| At end of year | 69,891
| The provision for deferred taxation is made up as follows:
|  |  |  |  | 2025 | 2024
|  |  |  |  | £ | £
| Accelerated capital allowances | 61,914 | 70,703
| Revaluation surplus | 7,977 | 15,298
|  | 69,891 | 86,001
20. | Share capital
|  |  |  |  | 2025 | 2024
|  |  |  |  | £ | £
|  | Allotted, called up and fully paid |  |
|  | Ordinary shares of £1.00 each | 2,418 | 2,418
|  | Ordinary 'B' shares of £1.00 each | 1 | 1
|  | Ordinary 'C' shares of £1.00 each | 1 | 1
|  | Ordinary 'D' shares of £1.00 each | 1 | 1
|  |  | 2,421 | 2,421
21. | Reserves
Investment property revaluation reserve This reserve was established to recognise all gains and losses arising from revaluations on investments, net of deferred tax. Profit and loss account Total comprehensive income for the year after dividends is retained and carried forward in the profit and loss account. Page 22
REMARKABLE INTERNET LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 APRIL 2025
22. | 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 £148,303 (2024 - £152,274). Contributions totalling £74,580 (2024 - £102,978) were payable to the fund at the balance sheet date and are included in creditors.
23. | Commitments under operating leases
| At 30 April 2025 the company had future minimum lease payments due under non-cancellable operating leases for each of the following periods:
|  |  |  |  | 2025 | 2024
|  |  |  |  | £ | £
| Later than 1 year and not later than 5 years | 58,913 | 69,319
24. | Transactions with directors
During the year there continued to be interest free loans to a director. £509,443 (2024 - £509,443) was outstanding at the balance sheet date in respect of these loans, included within other debtors. The maximum amount outstanding during the year was £509,443. These loans have no fixed repayment terms.
25. | Controlling party
M West holds the contolling interest in the company.
Page 23