Caseware UK (AP4) 2024.0.164 2024.0.164 2025-03-31 2025-03-31 true false No description of principal activity 4 2024-04-01 4 true The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.false 10196047 2024-04-01 2025-03-31 10196047 2023-04-01 2024-03-31 10196047 2025-03-31 10196047 2024-03-31 10196047 c:Director1 2024-04-01 2025-03-31 10196047 d:PlantMachinery 2024-04-01 2025-03-31 10196047 d:PlantMachinery 2025-03-31 10196047 d:PlantMachinery 2024-03-31 10196047 d:PlantMachinery d:OwnedOrFreeholdAssets 2024-04-01 2025-03-31 10196047 d:MotorVehicles 2024-04-01 2025-03-31 10196047 d:MotorVehicles 2025-03-31 10196047 d:MotorVehicles 2024-03-31 10196047 d:MotorVehicles d:OwnedOrFreeholdAssets 2024-04-01 2025-03-31 10196047 d:OwnedOrFreeholdAssets 2024-04-01 2025-03-31 10196047 d:Goodwill 2024-04-01 2025-03-31 10196047 d:Goodwill 2025-03-31 10196047 d:Goodwill 2024-03-31 10196047 d:CurrentFinancialInstruments 2025-03-31 10196047 d:CurrentFinancialInstruments 2024-03-31 10196047 d:Non-currentFinancialInstruments 2025-03-31 10196047 d:Non-currentFinancialInstruments 2024-03-31 10196047 d:CurrentFinancialInstruments d:WithinOneYear 2025-03-31 10196047 d:CurrentFinancialInstruments d:WithinOneYear 2024-03-31 10196047 d:Non-currentFinancialInstruments d:AfterOneYear 2025-03-31 10196047 d:Non-currentFinancialInstruments d:AfterOneYear 2024-03-31 10196047 d:Non-currentFinancialInstruments d:BetweenOneTwoYears 2025-03-31 10196047 d:Non-currentFinancialInstruments d:BetweenOneTwoYears 2024-03-31 10196047 d:Non-currentFinancialInstruments d:BetweenTwoFiveYears 2025-03-31 10196047 d:Non-currentFinancialInstruments d:BetweenTwoFiveYears 2024-03-31 10196047 d:ShareCapital 2025-03-31 10196047 d:ShareCapital 2024-03-31 10196047 d:RetainedEarningsAccumulatedLosses 2025-03-31 10196047 d:RetainedEarningsAccumulatedLosses 2024-03-31 10196047 c:OrdinaryShareClass1 2024-04-01 2025-03-31 10196047 c:OrdinaryShareClass1 2025-03-31 10196047 c:OrdinaryShareClass1 2024-03-31 10196047 c:FRS102 2024-04-01 2025-03-31 10196047 c:AuditExempt-NoAccountantsReport 2024-04-01 2025-03-31 10196047 c:FullAccounts 2024-04-01 2025-03-31 10196047 c:PrivateLimitedCompanyLtd 2024-04-01 2025-03-31 10196047 d:HirePurchaseContracts d:WithinOneYear 2025-03-31 10196047 d:HirePurchaseContracts d:WithinOneYear 2024-03-31 10196047 d:HirePurchaseContracts d:BetweenOneFiveYears 2025-03-31 10196047 d:HirePurchaseContracts d:BetweenOneFiveYears 2024-03-31 10196047 2 2024-04-01 2025-03-31 10196047 d:MotorVehicles d:LeasedAssetsHeldAsLessee 2025-03-31 10196047 d:MotorVehicles d:LeasedAssetsHeldAsLessee 2024-03-31 10196047 d:LeasedAssetsHeldAsLessee 2025-03-31 10196047 d:LeasedAssetsHeldAsLessee 2024-03-31 10196047 d:Goodwill d:OwnedIntangibleAssets 2024-04-01 2025-03-31 10196047 e:PoundSterling 2024-04-01 2025-03-31 xbrli:shares iso4217:GBP xbrli:pure

Registered number: 10196047 DRAIN-A-MATIC LIMITED UNAUDITED FINANCIAL STATEMENTS INFORMATION FOR FILING WITH THE REGISTRAR FOR THE YEAR ENDED 31 MARCH 2025
DRAIN-A-MATIC LIMITED REGISTERED NUMBER: 10196047 BALANCE SHEET AS AT 31 MARCH 2025
|  | 2025 |  | 2024
Note |  | £ |  | £
Fixed assets |  |  |  |  |
Intangible assets | 4 |  | 4,000 |  | 6,000
Tangible assets | 5 |  | 57,071 |  | 68,839
|  |  | 61,071 |  | 74,839
Current assets |  |  |  |  |
Debtors: amounts falling due within one year | 6 | 80,982 |  | 36,143 |
Cash at bank and in hand |  | 9,442 |  | 32,171 |
|  | 90,424 |  | 68,314 |
Creditors: amounts falling due within one year | 7 | (52,411) |  | (51,015) |
Net current assets |  |  | 38,013 |  | 17,299
Total assets less current liabilities |  |  | 99,084 |  | 92,138
Creditors: amounts falling due after more than one year | 8 |  | (4,265) |  | (20,003)
Net assets |  |  | 94,819 |  | 72,135
Capital and reserves |  |  |  |  |
Called up share capital | 11 |  | 100 |  | 100
Profit and loss account |  |  | 94,719 |  | 72,035
|  |  | 94,819 |  | 72,135
Page 1
DRAIN-A-MATIC LIMITED REGISTERED NUMBER: 10196047 BALANCE SHEET (CONTINUED) AS AT 31 MARCH 2025 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 2 January 2026.
W O'Malley
Director
The notes on pages 3 to 11 form part of these financial statements. Page 2
DRAIN-A-MATIC LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025
1. | General information
The Company is a private company, limited by shares, incorporated and domiciled in England within the United Kingdom, registration number 10196047. The Company's registered office is Sterling House, 71 Francis Road, Edgbaston, B16 8SP. The financial statements are presented in sterling which is the functional currency of the company and the financial statements are rounded to the nearest £1. 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. 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.
| 2.4 | Interest income
Interest income is recognised in profit or loss using the effective interest method. Page 3
DRAIN-A-MATIC LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 2.Accounting policies (continued)
| 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.
| 2.7 | 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.
| 2.8 | 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.
| 2.9 | 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. Page 4
DRAIN-A-MATIC LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 2.Accounting policies (continued)
| 2.10 | 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:
|  |  |  | Plant and machinery | - | 25% |
|  |  |  | Motor vehicles | - | 25% |
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.
| 2.11 | 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.
| 2.12 | 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.
| 2.13 | 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.
| 2.14 | 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. Page 5
DRAIN-A-MATIC LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025
3. | Employees
|  |  |  |  | 2025 | 2024
|  |  |  |  | £ | £
| Wages and salaries | 110,285 | 100,363
| Social security costs | 5,195 | 3,013
| Cost of defined contribution scheme | 2,901 | 2,404
|  | 118,381 | 105,780
| The average monthly number of employees, including directors, during the year was 4 (2024 - 4).
Page 6
DRAIN-A-MATIC LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025
4. | Intangible assets
|  | Goodwill
|  | £
| Cost |
| At 1 April 2024 | 20,000
| At 31 March 2025 | 20,000
| Amortisation |
| At 1 April 2024 | 14,000
| Charge for the year on owned assets | 2,000
| At 31 March 2025 | 16,000
| Net book value |
| At 31 March 2025 | 4,000
| At 31 March 2024 | 6,000
Page 7
DRAIN-A-MATIC LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025
5. | Tangible fixed assets
|  | Plant and machinery | Motor vehicles | Total
|  | £ | £ | £
| Cost or valuation |  |  |
| At 1 April 2024 | 187,835 | 77,659 | 265,494
| Additions | 10,488 | - | 10,488
| Disposals | - | (15,921) | (15,921)
| At 31 March 2025 | 198,323 | 61,738 | 260,061
| Depreciation |  |  |
| At 1 April 2024 | 149,192 | 47,463 | 196,655
| Charge for the year on owned assets | 13,179 | 7,040 | 20,219
| Disposals | - | (13,884) | (13,884)
| At 31 March 2025 | 162,371 | 40,619 | 202,990
| Net book value |  |  |
| At 31 March 2025 | 35,952 | 21,119 | 57,071
| At 31 March 2024 | 38,643 | 30,196 | 68,839
| The net book value of assets held under finance leases or hire purchase contracts, included above, are as follows:
|  |  |  |  | 2025 | 2024
|  |  |  |  | £ | £
| Motor vehicles | 12,345 | 16,460
|  | 12,345 | 16,460
Page 8
DRAIN-A-MATIC LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025
6. | Debtors
|  |  |  |  | 2025 | 2024
|  |  |  |  | £ | £
| Trade debtors | 71,148 | 32,232
| Other debtors | 9,734 | 3,811
| Called up share capital not paid | 100 | 100
|  | 80,982 | 36,143
7. | Creditors: Amounts falling due within one year
|  |  |  |  | 2025 | 2024
|  |  |  |  | £ | £
| Bank loans | 3,521 | 5,833
| Trade creditors | 3,479 | 1,103
| Corporation tax | 16,754 | 10,243
| Other taxation and social security | 18,262 | 10,902
| Obligations under finance lease and hire purchase contracts | 6,400 | 6,400
| Other creditors | 2,645 | 15,184
| Accruals and deferred income | 1,350 | 1,350
|  | 52,411 | 51,015
8. | Creditors: Amounts falling due after more than one year
|  |  |  |  | 2025 | 2024
|  |  |  |  | £ | £
| Bank loans | - | 9,334
| Net obligations under finance leases and hire purchase contracts | 4,265 | 10,669
|  | 4,265 | 20,003
| Secured Creditors Net obligations under finance leases of £10,667 (2024: £17,067) are secured over the assets to which they relate.
Page 9
DRAIN-A-MATIC LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025
9. | Loans
| Analysis of the maturity of loans is given below:
|  |  |  |  | 2025 | 2024
|  |  |  |  | £ | £
| Amounts falling due within one year |  |
| Bank loans | 3,521 | 5,833
|  | 3,521 | 5,833
| Amounts falling due 1-2 years |  |
| Bank loans | - | 5,833
|  | - | 5,833
| Amounts falling due 2-5 years |  |
| Bank loans | - | 3,500
|  | - | 3,500
|  | 3,521 | 15,166
10. | Hire purchase and finance leases
| Minimum lease payments under hire purchase fall due as follows:
|  |  |  |  | 2025 | 2024
|  |  |  |  | £ | £
| Within one year | 6,400 | 6,400
| Between 1-5 years | 4,267 | 10,667
|  | 10,667 | 17,067
11. | Share capital
|  |  |  |  | 2025 | 2024
|  |  |  |  | £ | £
|  | Allotted, called up and fully paid |  |
|  | 100 (2024 - 100) Ordinary shares of £1.00 each | 100 | 100
Page 10
DRAIN-A-MATIC LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025
12. | Related party transactions
| Amounts due to the company from the director as at 31 March 2025 was £5,923 (2024 - due to the director - £11,516). This loan is interest free and repayable on demand.
Page 11