Caseware UK (AP4) 2024.0.164 2024.0.164 2025-05-31 2025-05-31 true true 2024-06-01 false No description of principal activity 2 The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.false 14139782 2024-06-01 2025-05-31 14139782 2023-06-01 2024-05-31 14139782 2025-05-31 14139782 2024-05-31 14139782 2023-06-01 14139782 c:Director9 2024-06-01 2025-05-31 14139782 d:ComputerEquipment 2024-06-01 2025-05-31 14139782 d:ComputerEquipment 2025-05-31 14139782 d:ComputerEquipment 2024-05-31 14139782 d:ComputerEquipment d:OwnedOrFreeholdAssets 2024-06-01 2025-05-31 14139782 d:CurrentFinancialInstruments 2025-05-31 14139782 d:CurrentFinancialInstruments 2024-05-31 14139782 d:CurrentFinancialInstruments d:WithinOneYear 2025-05-31 14139782 d:CurrentFinancialInstruments d:WithinOneYear 2024-05-31 14139782 d:ShareCapital 2024-06-01 2025-05-31 14139782 d:ShareCapital 2025-05-31 14139782 d:ShareCapital 2023-06-01 2024-05-31 14139782 d:ShareCapital 2024-05-31 14139782 d:ShareCapital 2023-06-01 14139782 d:SharePremium 2024-06-01 2025-05-31 14139782 d:SharePremium 2025-05-31 14139782 d:SharePremium 2023-06-01 2024-05-31 14139782 d:SharePremium 2024-05-31 14139782 d:SharePremium 2023-06-01 14139782 d:RetainedEarningsAccumulatedLosses 2024-06-01 2025-05-31 14139782 d:RetainedEarningsAccumulatedLosses 2025-05-31 14139782 d:RetainedEarningsAccumulatedLosses 2023-06-01 2024-05-31 14139782 d:RetainedEarningsAccumulatedLosses 2024-05-31 14139782 d:RetainedEarningsAccumulatedLosses 2023-06-01 14139782 c:OrdinaryShareClass1 2024-06-01 2025-05-31 14139782 c:OrdinaryShareClass1 2025-05-31 14139782 c:OrdinaryShareClass1 2024-05-31 14139782 c:FRS102 2024-06-01 2025-05-31 14139782 c:AuditExempt-NoAccountantsReport 2024-06-01 2025-05-31 14139782 c:FullAccounts 2024-06-01 2025-05-31 14139782 c:PrivateLimitedCompanyLtd 2024-06-01 2025-05-31 14139782 e:PoundSterling 2024-06-01 2025-05-31 xbrli:shares iso4217:GBP xbrli:pure

Registered number: 14139782 MIDLANDS MINDFORGE LIMITED UNAUDITED FINANCIAL STATEMENTS INFORMATION FOR FILING WITH THE REGISTRAR FOR THE YEAR ENDED 31 MAY 2025
MIDLANDS MINDFORGE LIMITED REGISTERED NUMBER: 14139782 BALANCE SHEET AS AT 31 MAY 2025
| 2025 | 2024
Note | £ | £
Fixed assets |  |  |
Tangible assets | 4 | 104 | 193
|  | 104 | 193
Current assets |  |  |
Debtors: amounts falling due within one year | 5 | 127,984 | 40,929
Cash at bank and in hand | 6 | 474,918 | 290,125
|  | 602,902 | 331,054
Current liabilities |  |  |
Creditors: amounts falling due within one year | 7 | (67,611) | (66,292)
Net current assets |  | 535,291 | 264,762
Total assets less current liabilities |  | 535,395 | 264,955
Net assets |  | 535,395 | 264,955
Capital and reserves |  |  |
Called up share capital | 8 | - | -
Share premium account |  | 2,712,000 | 2,002,000
Profit and loss account |  | (2,176,605) | (1,737,045)
|  | 535,395 | 264,955
Page 1
MIDLANDS MINDFORGE LIMITED REGISTERED NUMBER: 14139782 BALANCE SHEET (CONTINUED) AS AT 31 MAY 2025 The directors consider that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006. The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements. The financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime and in accordance with the provisions of FRS 102 Section 1A - small entities. The financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime. The Company has opted not to file the statement of comprehensive income in accordance with provisions applicable to companies subject to the small companies' regime. The financial statements were approved and authorised for issue by the board and were signed on its behalf by:
L N Smith
Director
Date: 23 December 2025
The notes on pages 4 to 7 form part of these financial statements. Page 2
MIDLANDS MINDFORGE LIMITED STATEMENT OF CHANGES IN EQUITY FOR THE YEAR ENDED 31 MAY 2025
| Called up share capital | Share premium account | Profit and loss account | Total equity
| £ | £ | £ | £
At 1 June 2023 | - | 1,400,000 | (586,433) | 813,567
Loss for the year | - | - | (1,150,612) | (1,150,612)
Shares issued during the year | - | 602,000 | - | 602,000
At 1 June 2024 | - | 2,002,000 | (1,737,045) | 264,955
Loss for the year | - | - | (439,560) | (439,560)
Shares issued during the year | - | 710,000 | - | 710,000
At 31 May 2025 | - | 2,712,000 | (2,176,605) | 535,395
| The notes on pages 4 to 7 form part of these financial statements.
Page 3
MIDLANDS MINDFORGE LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MAY 2025
1. | General information
Midlands Mindforge Limited is a private company limited by share capital, incorporated in England and Wales. The address of the registered office is 1 Park Row, Leeds, United Kingdom, LS1 5AB. The principal activity of the company is that of a capital investment company. 2.Accounting policies
| 2.1 | Basis of preparation of financial statements
The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with FRS 102 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland' and the requirements of the Companies Act 2006. The disclosure requirements of Section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view. The following principal accounting policies have been applied:
| 2.2 | Going concern
The Directors believe that the Company is able to continue operating as a going concern for the foreseeable future, and these financial statements have been prepared on that basis.
| 2.3 | Government grants
Grants are accounted for under the accruals model as permitted by FRS 102. Grants relating to expenditure on tangible fixed assets are credited to profit or loss at the same rate as the depreciation on the assets to which the grant relates. The deferred element of grants is included in creditors as deferred income. Grants of a revenue nature are recognised in the Statement of Comprehensive Income in the same period as the related expenditure.
| 2.4 | 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.
| 2.5 | 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. Page 4
MIDLANDS MINDFORGE LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MAY 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, using the straight-line method. Depreciation is provided on the following basis:
|  |  |  | Computer equipment | - | 33% |
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 | 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.
| 2.7 | 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.
| 2.8 | Creditors
Short-term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.
3. | Employees
The average monthly number of employees, including directors, during the year was 2 (2023 - 2). Page 5
MIDLANDS MINDFORGE LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MAY 2025
4. | Tangible fixed assets
|  | Computer equipment
|  | £
| Cost or valuation |
| At 1 June 2024 | 267
| At 31 May 2025 | 267
| Depreciation |
| At 1 June 2024 | 74
| Charge for the year on owned assets | 89
| At 31 May 2025 | 163
| Net book value |
| At 31 May 2025 | 104
| At 31 May 2024 | 193
Page 6
MIDLANDS MINDFORGE LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MAY 2025
5. | Debtors
|  |  |  |  | 2025 | 2024
|  |  |  |  | £ | £
| Other debtors | 53,567 | 37,201
| Prepayments and accrued income | 74,417 | 3,728
|  | 127,984 | 40,929
6. | Cash and cash equivalents
|  |  |  |  | 2025 | 2024
|  |  |  |  | £ | £
| Cash at bank and in hand | 474,918 | 290,125
7. | Creditors: Amounts falling due within one year
|  |  |  |  | 2025 | 2024
|  |  |  |  | £ | £
| Trade creditors | 33,612 | 23,243
| Other taxation and social security | 8,222 | 19,867
| Accruals and deferred income | 25,777 | 23,182
|  | 67,611 | 66,292
8. | Share capital
|  |  |  |  | 2025 | 2024
|  |  |  |  | £ | £
|  | Allotted, called up and fully paid |  |
|  | 2,712 (2024 - 2,002) Ordinary shares of £0.00001 each | 0.02712 | 0.02002
During the year 710 Ordinary shares of £0.00001 were issued for a total consideration of £710,000.
Page 7