Caseware UK (AP4) 2024.0.164 2024.0.164 2025-03-31 2025-03-31 2024-04-01 false No description of principal activity 5 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 12492896 2024-04-01 2025-03-31 12492896 2023-04-01 2024-03-31 12492896 2025-03-31 12492896 2024-03-31 12492896 c:Director1 2024-04-01 2025-03-31 12492896 d:OfficeEquipment 2024-04-01 2025-03-31 12492896 d:OfficeEquipment 2025-03-31 12492896 d:OfficeEquipment 2024-03-31 12492896 d:OfficeEquipment d:OwnedOrFreeholdAssets 2024-04-01 2025-03-31 12492896 d:CurrentFinancialInstruments 2025-03-31 12492896 d:CurrentFinancialInstruments 2024-03-31 12492896 d:CurrentFinancialInstruments d:WithinOneYear 2025-03-31 12492896 d:CurrentFinancialInstruments d:WithinOneYear 2024-03-31 12492896 d:ShareCapital 2025-03-31 12492896 d:ShareCapital 2024-03-31 12492896 d:RetainedEarningsAccumulatedLosses 2025-03-31 12492896 d:RetainedEarningsAccumulatedLosses 2024-03-31 12492896 d:AcceleratedTaxDepreciationDeferredTax 2025-03-31 12492896 d:AcceleratedTaxDepreciationDeferredTax 2024-03-31 12492896 c:OrdinaryShareClass1 2024-04-01 2025-03-31 12492896 c:OrdinaryShareClass1 2025-03-31 12492896 c:OrdinaryShareClass1 2024-03-31 12492896 c:FRS102 2024-04-01 2025-03-31 12492896 c:AuditExempt-NoAccountantsReport 2024-04-01 2025-03-31 12492896 c:FullAccounts 2024-04-01 2025-03-31 12492896 c:PrivateLimitedCompanyLtd 2024-04-01 2025-03-31 12492896 6 2024-04-01 2025-03-31 12492896 e:PoundSterling 2024-04-01 2025-03-31 xbrli:shares iso4217:GBP xbrli:pure

Registered number: 12492896 BOWERY EUROPE LIMITED UNAUDITED FINANCIAL STATEMENTS INFORMATION FOR FILING WITH THE REGISTRAR FOR THE YEAR ENDED 31 MARCH 2025
BOWERY EUROPE LIMITED REGISTERED NUMBER: 12492896 BALANCE SHEET AS AT 31 MARCH 2025
|  | 2025 |  | 2024
Note |  | £ |  | £
Fixed assets |  |  |  |  |
Tangible assets | 4 |  | 2,285 |  | 3,772
Investments | 5 |  | 22,924 |  | 1,851
|  |  | 25,209 |  | 5,623
Current assets |  |  |  |  |
Debtors: amounts falling due within one year | 6 | 295,254 |  | 171,706 |
Cash at bank and in hand |  | 313,951 |  | 203,371 |
|  | 609,205 |  | 375,077 |
Creditors: amounts falling due within one year | 7 | (103,688) |  | (67,801) |
Net current assets |  |  | 505,517 |  | 307,276
Total assets less current liabilities |  |  | 530,726 |  | 312,899
Provisions for liabilities |  |  |  |  |
Deferred tax | 8 | (571) |  | (943) |
|  |  | (571) |  | (943)
Net assets |  |  | 530,155 |  | 311,956
Capital and reserves |  |  |  |  |
Called up share capital | 9 |  | 1 |  | 1
Profit and loss account |  |  | 530,154 |  | 311,955
|  |  | 530,155 |  | 311,956
Page 1
BOWERY EUROPE LIMITED REGISTERED NUMBER: 12492896 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 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:
J M B D Caillon
Director
Date: 21 January 2026
The notes on pages 3 to 8 form part of these financial statements. Page 2
BOWERY EUROPE LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025
1. | General information
Bowery Europe Ltd is a private company limited by share capital and incorporated in England and Wales. The address of the registered office is 1st Floor, 99 Bishopsgate, London, EC2M 3XD. 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 Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the requirements and 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 | Foreign currency translation
Functional and presentation currency The Company's functional and presentational currency is GBP. 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.
| 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 for services during the year, excluding discounts, rebates, value added tax and other sales taxes.
| 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. Page 3
BOWERY EUROPE LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 2.Accounting policies (continued)
| 2.5 | 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 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. 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 except in respect of business combinations, when deferred tax is recognised on the differences between the fair values of assets acquired and the future tax deductions available for them and the differences between the fair values of liabilities acquired and the amount that will be assessed for tax. Deferred tax is determined using tax rates and laws that have been enacted or substantively enacted by the balance sheet date.
| 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. The estimated useful lives range as follows:
|  |  |  | Office equipment | - | 3 | years
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 | Valuation of investments
Investments in subsidiaries are measured at cost less accumulated impairment. Investments in unlisted Company shares, whose market value can be reliably determined, are remeasured to market value at each balance sheet date. Gains and losses on remeasurement are recognised in the Statement of Comprehensive Income for the period. Where market value cannot be reliably determined, such investments are stated at historic cost less impairment. Page 4
BOWERY EUROPE LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 2.Accounting policies (continued)
| 2.8 | 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.
| 2.9 | 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.
| 2.10 | 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.
| 2.11 | 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. 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.
3. | Employees
| The average monthly number of employees, including directors, during the year was 5 (2024 - 4).
Page 5
BOWERY EUROPE LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025
4. | Tangible fixed assets
|  | Office equipment
|  | £
| Cost or valuation |
| At 1 April 2024 | 13,400
| Additions | 1,759
| At 31 March 2025 | 15,159
| Depreciation |
| At 1 April 2024 | 9,628
| Charge for the year on owned assets | 3,246
| At 31 March 2025 | 12,874
| Net book value |
| At 31 March 2025 | 2,285
| At 31 March 2024 | 3,772
5. | Fixed asset investments
|  | Investments in subsidiary companies | Other investments | Total
|  | £ | £ | £
| Cost or valuation |  |  |
| At 1 April 2024 | 833 | 1,018 | 1,851
| Additions | 21,073 | - | 21,073
| At 31 March 2025 | 21,906 | 1,018 | 22,924
Page 6
BOWERY EUROPE LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025
6. | Debtors
|  |  |  |  | 2025 | 2024
|  |  |  |  | £ | £
| Trade debtors | 156,744 | -
| Other debtors | 133,384 | 166,280
| Prepayments and accrued income | 5,126 | 5,426
|  | 295,254 | 171,706
7. | Creditors: amounts falling due within one year
|  |  |  |  | 2025 | 2024
|  |  |  |  | £ | £
| Trade creditors | 3,271 | 13,627
| Corporation tax | 46,533 | -
| Other creditors | 51,284 | 51,374
| Accruals and deferred income | 2,600 | 2,800
|  | 103,688 | 67,801
8. | Deferred taxation
|  | 2025
|  | £
| At beginning of year | (943)
| Credited to profit or loss | 372
| At end of year | (571)
| The provision for deferred taxation is made up as follows:
|  |  |  |  | 2025 | 2024
|  |  |  |  | £ | £
| Accelerated capital allowances | (571) | (943)
|  | (571) | (943)
Page 7
BOWERY EUROPE LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025
9. | Share capital
|  |  |  |  | 2025 | 2024
|  |  |  |  | £ | £
|  | Allotted, called up and fully paid |  |
|  | 100 (2024 - 100) Ordinary shares of £0.01 each | 1 | 1
10. | 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 £31,088 (2024: £20,688). Contributions totalling £1,375 (2024: £1,375) were payable to the fund at the balance sheet date and are included in creditors.
11. | Related party transactions
| At the balance sheet date the director, J M B D Caillon, was due £49,909 on a non-interest bearing loan with no set repayment date (2024: £49,999).
Page 8