Caseware UK (AP4) 2024.0.164 2024.0.164 2025-03-31 2025-03-31 4 2024-04-01 false 4 true true The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.false 01796624 2024-04-01 2025-03-31 01796624 2023-04-01 2024-03-31 01796624 2025-03-31 01796624 2024-03-31 01796624 1 2024-04-01 2025-03-31 01796624 1 2023-04-01 2024-03-31 01796624 d:Director1 2024-04-01 2025-03-31 01796624 e:OfficeEquipment 2024-04-01 2025-03-31 01796624 e:OfficeEquipment 2025-03-31 01796624 e:OfficeEquipment 2024-03-31 01796624 e:OfficeEquipment e:OwnedOrFreeholdAssets 2024-04-01 2025-03-31 01796624 e:ComputerEquipment 2024-04-01 2025-03-31 01796624 e:ComputerEquipment 2025-03-31 01796624 e:ComputerEquipment 2024-03-31 01796624 e:ComputerEquipment e:OwnedOrFreeholdAssets 2024-04-01 2025-03-31 01796624 e:OtherPropertyPlantEquipment 2024-04-01 2025-03-31 01796624 e:OtherPropertyPlantEquipment 2025-03-31 01796624 e:OtherPropertyPlantEquipment 2024-03-31 01796624 e:OtherPropertyPlantEquipment e:OwnedOrFreeholdAssets 2024-04-01 2025-03-31 01796624 e:OwnedOrFreeholdAssets 2024-04-01 2025-03-31 01796624 e:CurrentFinancialInstruments 2025-03-31 01796624 e:CurrentFinancialInstruments 2024-03-31 01796624 e:CurrentFinancialInstruments e:WithinOneYear 2025-03-31 01796624 e:CurrentFinancialInstruments e:WithinOneYear 2024-03-31 01796624 e:UKTax 2024-04-01 2025-03-31 01796624 e:UKTax 2023-04-01 2024-03-31 01796624 e:ForeignTax 2024-04-01 2025-03-31 01796624 e:ForeignTax 2023-04-01 2024-03-31 01796624 e:ShareCapital 2025-03-31 01796624 e:ShareCapital 2024-03-31 01796624 e:RetainedEarningsAccumulatedLosses 2025-03-31 01796624 e:RetainedEarningsAccumulatedLosses 2024-03-31 01796624 d:OrdinaryShareClass1 2024-04-01 2025-03-31 01796624 d:OrdinaryShareClass1 2025-03-31 01796624 d:OrdinaryShareClass1 2024-03-31 01796624 d:FRS102 2024-04-01 2025-03-31 01796624 d:AuditExempt-NoAccountantsReport 2024-04-01 2025-03-31 01796624 d:FullAccounts 2024-04-01 2025-03-31 01796624 d:PrivateLimitedCompanyLtd 2024-04-01 2025-03-31 01796624 2 2024-04-01 2025-03-31 01796624 f:PoundSterling 2024-04-01 2025-03-31 xbrli:shares iso4217:GBP xbrli:pure

Registered number: 01796624 ROBOBUILD LIMITED UNAUDITED DIRECTORS' REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025
ROBOBUILD LIMITED REGISTERED NUMBER:01796624
BALANCE SHEET AS AT 31 MARCH 2025
|  | 2025 |  | 2024
Note |  | £ |  | £
Fixed assets |  |  |  |  |
Tangible assets | 6 |  | 16,299 |  | 13,266
|  |  | 16,299 |  | 13,266
Current assets |  |  |  |  |
Stocks | 7 | 1 |  | 1 |
Debtors: amounts falling due within one year | 8 | 5,819,223 |  | 6,334,549 |
Cash at bank and in hand | 9 | 1,968,175 |  | 1,474,354 |
|  | 7,787,399 |  | 7,808,904 |
Creditors: amounts falling due within one year | 10 | (313,561) |  | (420,874) |
Net current assets |  |  | 7,473,838 |  | 7,388,030
Total assets less current liabilities |  |  | 7,490,137 |  | 7,401,296
Net assets |  |  | 7,490,137 |  | 7,401,296
Capital and reserves |  |  |  |  |
Called up share capital | 11 |  | 100 |  | 100
Profit and loss account |  |  | 7,490,037 |  | 7,401,196
|  |  | 7,490,137 |  | 7,401,296
Page 1
ROBOBUILD LIMITED REGISTERED NUMBER:01796624
BALANCE SHEET (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 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 profit and loss account 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:
C D Organ
Director
Date: 15 January 2026
The notes on pages 3 to 10 form part of these financial statements. Page 2
ROBOBUILD LIMITED
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025
1. | General information
Robobuild Limited is a private company, limited by shares, registered in England and Wales, registration number 01796624. The registered office address is Russells, Yalding House, 152-156 Great Portland Street, London, W1W 5QA. The principal activity of the company continued to be that of writers and composers of songs and promoters and distributors of songs and artists in the music industry. 2.Accounting policies
| 2.1 | Basis of preparation of financial statements
These financial statements have been prepared under the historical cost convertion unless otherwise specified within these accounting policies and in accordance with Section 1A of the Financial Reporting Standard 102, 'The Financial Reporting Standard applicable in UK and the Republic of Ireland' and the companies Act 2006.
| 2.2 | Foreign currency translation
Functional and presentation currency The company's functional and presentational currency is pound sterling. 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 that relate to borrowings and cash are presented in the profit and loss account within 'administrative expenses'. All other foreign exchange gains and losses are presented in the profit and loss account.
| 2.3 | Turnover
Turnover is recognised to the extent that it is probable that the economic benefits will flow to the company and the turnover can be reliably measured. Turnover is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from writers and composers of songs, including promoters and distributors of songs, and artists in the music industry activities is recognised when it is probable the company will receive the rights to the consideration due under the contract. Royalties receivable are recognised by the company at the year end date per the royalty statements. Merchandise income is recognised when the significant risks and rewards of ownership have been transferred to the buyer.
| 2.4 | Interest income
Interest income is recognised in profit or loss using the effective interest method. Page 3
ROBOBUILD LIMITED
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 2.Accounting policies (continued)
| 2.5 | 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.
| 2.6 | 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.
| 2.7 | Current and deferred taxation
The tax expense for the year comprises current and deferred tax. 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 corporation 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. Deferred tax balances are recognised in respect of all timing differences that have originated but not reversed by the balance sheet date, except that: ∙The recognition of deferred tax assets is limited to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits; and ∙Any deferred tax balances are reversed if and when all conditions for retaining associated tax allowances have been met. Deferred tax balances are not recognised in respect of permanent differences. Deferred tax is determined using tax rates and laws that have been enacted or substantively enacted by the reporting date. Page 4
ROBOBUILD LIMITED
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 2.Accounting policies (continued)
| 2.8 | 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:
|  |  |  | Office equipment | - | 25% | straight-line
|  |  |  | 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.
| 2.9 | Stocks
Stock represent royalty rights which are valued at the lower of cost and net realisable value.
| 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 | 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.
| 2.12 | 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 | Financial instruments
The company enters into basic financial instrument transactions that result in the recognition of financial assets and liabilities such as trade and other debtors, trade and other creditors, and loans with related parties.
| 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
ROBOBUILD LIMITED
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025
3. | Employees
| The average monthly number of employees, including directors, during the year was 4 (2024 - 4).
4. | Taxation
|  |  |  |  | 2025 | 2024
|  |  |  |  | £ | £
| Corporation tax |  |
| Current tax on profits for the year | 26,584 | -
| Adjustments in respect of previous periods | - | 5,624
|  | 26,584 | 5,624
| Foreign tax |  |
| Foreign tax on income for the year | 6,730 | 9,152
|  | 6,730 | 9,152
| Total current tax | 33,314 | 14,776
| Deferred tax |  |
| Origination and reversal of timing differences | 7,306 | 12,004
| Total deferred tax | 7,306 | 12,004
|  | 40,620 | 26,780
Page 6
ROBOBUILD LIMITED
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 4.Taxation (continued)
| 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 | 129,461 | 34,118
| Profit on ordinary activities multiplied by standard rate of corporation tax in the UK of 25% (2024 -25%) | 32,365 | 8,530
| Effects of: |  |
| Expenses not deductible for tax purposes, other than goodwill amortisation and impairment | 1,856 | 1,983
| Capital allowances for year in excess of depreciation | (1,839) | (2,884)
| Adjustments to tax charge in respect of prior periods | - | 5,624
| Short-term timing difference leading to an increase (decrease) in taxation | (5,798) | (5,341)
| Other timing differences leading to an increase (decrease) in taxation | 7,306 | 12,004
| Double taxation relief | - | (2,288)
| Foreign tax on income for the year | 6,730 | 9,152
| Total tax charge for the year | 40,620 | 26,780
| Factors that may affect future tax charges
There were no factors that may affect future tax charges.
5. | Dividends
|  |  |  |  | 2025 | 2024
|  |  |  |  | £ | £
| Dividends paid | - | 85,000
Page 7
ROBOBUILD LIMITED
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025
6. | Tangible fixed assets
|  | Office equipment | Computer equipment | Other fixed assets | Total
|  | £ | £ | £ | £
| Cost |  |  |  |
| At 1 April 2024 | 53,207 | 13,210 | 8,120 | 74,537
| Additions | - | 7,356 | - | 7,356
| At 31 March 2025 | 53,207 | 20,566 | 8,120 | 81,893
| Depreciation |  |  |  |
| At 1 April 2024 | 53,207 | 8,064 | - | 61,271
| Charge for the year | - | 4,323 | - | 4,323
| At 31 March 2025 | 53,207 | 12,387 | - | 65,594
| Net book value |  |  |  |
| At 31 March 2025 | - | 8,179 | 8,120 | 16,299
| At 31 March 2024 | - | 5,146 | 8,120 | 13,266
| The net book value of other fixed assets represents commemorative coins. The value of the commemorative coins is considered by the directors to approximate the acquisition cost and therefore no depreciation has been provided.
7. | Stocks
|  |  |  |  | 2025 | 2024
|  |  |  |  | £ | £
| Royalty rights | 1 | 1
Page 8
ROBOBUILD LIMITED
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025
8. | Debtors
|  |  |  |  | 2025 | 2024
|  |  |  |  | £ | £
| Trade debtors | 12,838 | 17,495
| Amounts owed by group undertakings | 5,761,346 | 6,252,971
| Other debtors | - | 5,514
| Prepayments and accrued income | 35,960 | 40,553
| Tax recoverable | - | 1,631
| Deferred taxation | 9,079 | 16,385
|  | 5,819,223 | 6,334,549
9. | Cash and cash equivalents
|  |  |  |  | 2025 | 2024
|  |  |  |  | £ | £
| Cash at bank and in hand | 1,968,175 | 1,474,354
10. | Creditors: amounts falling due within one year
|  |  |  |  | 2025 | 2024
|  |  |  |  | £ | £
| Trade creditors | 59,017 | 54,970
| Amounts owed to group undertakings | 108,222 | 140,470
| Corporation tax | 24,596 | -
| Other taxation and social security | 24,053 | 44,799
| Other creditors | 383 | 12,171
| Accruals | 97,290 | 168,464
|  | 313,561 | 420,874
11. | Share capital
|  |  |  |  | 2025 | 2024
|  |  |  |  | £ | £
|  | Allotted, called up and fully paid |  |
|  | 100 (2024 - 100) Ordinary shares of £1.00 each | 100 | 100
Page 9
ROBOBUILD LIMITED
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025
12. | 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 £3,000 (2024 - £3,000). Contributions totalling £383 (2024 - £383) were payable to the fund at the balance sheet date and are included in creditors.
13. | Commitments under operating leases
| The company had commitments, during the year of £697,500 (2024 - £775,000) under non-cancellable operating leases at the balance sheet date.
14. | Related party transactions
| No disclosure has been made of transactions with other wholly owned group companies in accordance with FRS 102 Section 1A paragraph 1AC.35. Included within trade creditors at 31 March 2025 is an amount payable of £39,245 (2024 - £43,888) to Russells Solicitors, a partnership in which a director is a partner. During the year, the company was charged legal fees by Russells Solicitors amounting to £164,351 (2024 - £188,177). During the year, the company was charged consultancy fees of £9,000 (2024 - £4,500) by a director. During the year, the company paid donations to The Mill Charitable Trust of £192,584 (2024 - £580,643). Two of the directors are also trustees of The Mill Charitable Trust.
15. | Controlling party
The parent of the smallest and largest group of which this company is a member is Nobby's Hobbies Holdings Limited, a company registered in England and Wales, whose registered office is Russells, Yalding House, 152-156 Great Portland Street, London, W1W 5QA.
Page 10