Caseware UK (AP4) 2024.0.164 2024.0.164 2025-01-31 2025-01-31 false 2024-02-01 false No description of principal activity 6 5 true The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.false 09973011 2024-02-01 2025-01-31 09973011 2023-02-01 2024-01-31 09973011 2025-01-31 09973011 2024-01-31 09973011 2023-02-01 09973011 c:Director1 2024-02-01 2025-01-31 09973011 d:OfficeEquipment 2024-02-01 2025-01-31 09973011 d:OfficeEquipment 2025-01-31 09973011 d:OfficeEquipment 2024-01-31 09973011 d:OfficeEquipment d:OwnedOrFreeholdAssets 2024-02-01 2025-01-31 09973011 d:ComputerEquipment 2024-02-01 2025-01-31 09973011 d:ComputerEquipment 2025-01-31 09973011 d:ComputerEquipment 2024-01-31 09973011 d:ComputerEquipment d:OwnedOrFreeholdAssets 2024-02-01 2025-01-31 09973011 d:OwnedOrFreeholdAssets 2024-02-01 2025-01-31 09973011 d:CurrentFinancialInstruments 2025-01-31 09973011 d:CurrentFinancialInstruments 2024-01-31 09973011 d:CurrentFinancialInstruments d:WithinOneYear 2025-01-31 09973011 d:CurrentFinancialInstruments d:WithinOneYear 2024-01-31 09973011 d:ShareCapital 2024-02-01 2025-01-31 09973011 d:ShareCapital 2025-01-31 09973011 d:ShareCapital 2023-02-01 2024-01-31 09973011 d:ShareCapital 2024-01-31 09973011 d:ShareCapital 2023-02-01 09973011 d:SharePremium 2024-02-01 2025-01-31 09973011 d:SharePremium 2025-01-31 09973011 d:SharePremium 2023-02-01 2024-01-31 09973011 d:SharePremium 2024-01-31 09973011 d:SharePremium 2023-02-01 09973011 d:RetainedEarningsAccumulatedLosses 2024-02-01 2025-01-31 09973011 d:RetainedEarningsAccumulatedLosses 2025-01-31 09973011 d:RetainedEarningsAccumulatedLosses 2023-02-01 2024-01-31 09973011 d:RetainedEarningsAccumulatedLosses 2024-01-31 09973011 d:RetainedEarningsAccumulatedLosses 2023-02-01 09973011 c:OrdinaryShareClass1 2024-02-01 2025-01-31 09973011 c:OrdinaryShareClass1 2025-01-31 09973011 c:OrdinaryShareClass1 2024-01-31 09973011 c:FRS102 2024-02-01 2025-01-31 09973011 c:AuditExempt-NoAccountantsReport 2024-02-01 2025-01-31 09973011 c:FullAccounts 2024-02-01 2025-01-31 09973011 c:PrivateLimitedCompanyLtd 2024-02-01 2025-01-31 09973011 e:PoundSterling 2024-02-01 2025-01-31 xbrli:shares iso4217:GBP xbrli:pure

Registered number: 09973011 BDF ADVISORS LIMITED UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JANUARY 2025
BDF ADVISORS LIMITED REGISTERED NUMBER: 09973011 STATEMENT OF FINANCIAL POSITION AS AT 31 JANUARY 2025
|  | 2025 |  | 2024
Note |  | £ |  | £
Fixed assets |  |  |  |  |
Tangible assets | 4 |  | 1,085 |  | 686
Current assets |  |  |  |  |
Debtors | 5 | 59,223 |  | 50,092 |
Cash at bank and in hand |  | 55,887 |  | 9,819 |
|  | 115,110 |  | 59,911 |
Creditors: amounts falling due within one year | 6 | (115,988) |  | (128,236) |
Net current liabilities |  |  | (878) |  | (68,325)
Net assets/(liabilities) |  |  | 207 |  | (67,639)
Capital and reserves |  |  |  |  |
Called up share capital | 7 |  | 1,151 |  | 1,050
Share premium account |  |  | 110,409 |  | 29,950
Profit and loss account |  |  | (111,353) |  | (98,639)
|  |  | 207 |  | (67,639)
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:
................................................ D Bonser
Director
Date: 21 January 2026
The notes on pages 4 to 7 form part of these financial statements. Page 1
BDF ADVISORS LIMITED REGISTERED NUMBER: 09973011 STATEMENT OF FINANCIAL POSITION (CONTINUED) AS AT 31 JANUARY 2025 Page 2
BDF ADVISORS LIMITED STATEMENT OF CHANGES IN EQUITY FOR THE YEAR ENDED 31 JANUARY 2025
| Called up share capital | Share premium account | Profit and loss account | Total equity
| £ | £ | £ | £
At 1 February 2023 | 1,050 | - | (58,946) | (57,896)
Loss for the year | - | - | (39,693) | (39,693)
Shares issued during the year | - | 29,950 | - | 29,950
At 1 February 2024 | 1,050 | 29,950 | (98,639) | (67,639)
Loss for the year | - | - | (12,714) | (12,714)
Shares issued during the year | 101 | 80,459 | - | 80,560
At 31 January 2025 | 1,151 | 110,409 | (111,353) | 207
| The notes on pages 4 to 7 form part of these financial statements.
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BDF ADVISORS LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JANUARY 2025
1. | General information
BDF Advisors Limited is a private company, limited by shares, incorporated and registered in England and Wales. The Company's registered number is 09973011 and registered office address is 10 Queen Street Place, London, United Kingdom, EC4R 1AG. The Company's principal place of business is Somerset House, Strand, London, WC2R 1LA. The principal activity of the Company is that of provision of management consultancy services. 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 have prepared and assessed the company's business plan and forecasts and consider it is appropriate to prepare the financial statements on a going concern basis, as the Company will have sufficient resources to remain in business for at least twelve months from the date of the approval of these financial statements.
| 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 | 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. Page 4
BDF ADVISORS LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JANUARY 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 | 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% |
|  |  |  | Computer equipment | - | 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.
| 2.7 | Debtors
Short-term debtors are measured at transaction price, less any impairment.
| 2.8 | Cash
Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours.
| 2.9 | 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.
| 2.10 | 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.
3. | Employees
| The average monthly number of employees, including directors, during the year was 6 (2024 - 5).
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BDF ADVISORS LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JANUARY 2025
4. | Tangible fixed assets
|  | Office equipment | Computer equipment | Total
|  | £ | £ | £
| Cost |  |  |
| At 1 February 2024 | 90 | 794 | 884
| Additions | - | 717 | 717
| At 31 January 2025 | 90 | 1,511 | 1,601
| Depreciation |  |  |
| At 1 February 2024 | 13 | 185 | 198
| Charge for the year | 23 | 295 | 318
| At 31 January 2025 | 36 | 480 | 516
| Net book value |  |  |
| At 31 January 2025 | 54 | 1,031 | 1,085
| At 31 January 2024 | 77 | 609 | 686
5. | Debtors
|  |  |  |  | 2025 | 2024
|  |  |  |  | £ | £
| Trade debtors | 56,872 | 47,742
| Other debtors | 1,901 | 1,900
| Prepayments and accrued income | 450 | 450
|  | 59,223 | 50,092
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BDF ADVISORS LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JANUARY 2025
6. | Creditors: amounts falling due within one year
|  |  |  |  | 2025 | 2024
|  |  |  |  | £ | £
| Trade creditors | 12,761 | 32,231
| Other taxation and social security | 12,359 | 19,293
| Other creditors | 31,060 | -
| Accruals and deferred income | 59,808 | 76,712
|  | 115,988 | 128,236
7. | Share capital
|  |  |  |  | 2025 | 2024
|  |  |  |  | £ | £
|  | Allotted, called up and fully paid |  |
|  | 1,151 (2024 - 1,050) ordinary shares of £1 each | 1,151 | 1,050
On 30 July 2024, the Company issued 27 ordinary shares with a nominal value of £1 each. A total of £25,000 was paid, resulting in a share premium of £24,973. On 31 January 2025 the Company issued 74 ordinary shares with a nominal value of £1 each. A total of £55,560 was paid, resulting in a share premium of £55,500.
8. | Related party transactions
| On 10 May 2024, a director entered into a separate loan agreement with the Company for an amount of up to £25,000. As at 31 January 2025, the Company had drawn down £15,000, which is included within Other creditors. This loan is also unsecured, bears interest at 5% per annum, and is repayable on demand. On 13 May 2024, a director entered into a loan agreement with the Company for an amount of up to £25,000. As at 31 January 2025, the Company had drawn down £15,000, which is included within Other creditors. The loan is unsecured, bears interest at 5% per annum, and is repayable on demand.
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