Caseware UK (AP4) 2025.0.111 2025.0.111 2025-05-31 2025-05-31 true false false false 2024-05-07 Accountancy services 1 The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. 15704777 2024-05-06 15704777 2024-05-07 2025-05-31 15704777 2023-05-07 2024-05-06 15704777 2025-05-31 15704777 c:Director1 2024-05-07 2025-05-31 15704777 d:CurrentFinancialInstruments 2025-05-31 15704777 d:CurrentFinancialInstruments d:WithinOneYear 2025-05-31 15704777 d:ShareCapital 2024-05-07 2025-05-31 15704777 d:ShareCapital 2025-05-31 15704777 d:RetainedEarningsAccumulatedLosses 2024-05-07 2025-05-31 15704777 d:RetainedEarningsAccumulatedLosses 2025-05-31 15704777 c:FRS102 2024-05-07 2025-05-31 15704777 c:AuditExemptWithAccountantsReport 2024-05-07 2025-05-31 15704777 c:FullAccounts 2024-05-07 2025-05-31 15704777 c:PrivateLimitedCompanyLtd 2024-05-07 2025-05-31 15704777 d:KeyManagementPersonnelCloseFamilyMembersEntitiesUnderKeyManagementPersonnelsControl 2024-05-07 2025-05-31 15704777 d:KeyManagementPersonnelCloseFamilyMembersEntitiesUnderKeyManagementPersonnelsControl 2025-05-31 15704777 e:PoundSterling 2024-05-07 2025-05-31 iso4217:GBP xbrli:pure

Registered number: 15704777 PETER SIMON & CO LIMITED UNAUDITED FINANCIAL STATEMENTS INFORMATION FOR FILING WITH THE REGISTRAR FOR THE PERIOD ENDED 31 MAY 2025
PETER SIMON & CO LIMITED CHARTERED ACCOUNTANTS' REPORT TO THE DIRECTOR ON THE PREPARATION OF THE UNAUDITED STATUTORY FINANCIAL STATEMENTS OF PETER SIMON & CO LIMITED FOR THE PERIOD ENDED 31 MAY 2025 In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Peter Simon & Co Limited for the period ended 31 May 2025 which comprise the Balance Sheet, the Statement of Changes in Equity and the related notes from the Company's accounting records and from information and explanations you have given us. As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed at https://www.icaew.com /regulation. This report is made solely to the director of Peter Simon & Co Limited in accordance with the terms of our engagement letter dated 4 February 2026. Our work has been undertaken solely to prepare for your approval the financial statements of Peter Simon & Co Limited and state those matters that we have agreed to state to the director of Peter Simon & Co Limited in this report in accordance with ICAEW Technical Release TECH07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Peter Simon & Co Limited and its director for our work or for this report. It is your duty to ensure that Peter Simon & Co Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Peter Simon & Co Limited. You consider that Peter Simon & Co Limited is exempt from the statutory audit requirement for the period. We have not been instructed to carry out an audit or review of the financial statements of Peter Simon & Co Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements. MA Partners LLP 7 The Close Norwich NR1 4DJ 6 February 2026 Page 1
PETER SIMON & CO LIMITED REGISTERED NUMBER: 15704777 BALANCE SHEET AS AT 31 MAY 2025
|  | 2025
Note |  | £
Current assets |  |  |
Debtors: amounts falling due within one year | 4 | 407 |
Cash at bank and in hand |  | 29,708 |
|  | 30,115 |
Creditors: amounts falling due within one year | 5 | (23,488) |
Net current assets |  |  | 6,627
Total assets less current liabilities |  |  | 6,627
Net assets |  |  | 6,627
Capital and reserves |  |  |
Called up share capital |  |  | 1
Profit and loss account |  |  | 6,626
|  |  | 6,627
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PETER SIMON & CO LIMITED REGISTERED NUMBER: 15704777 BALANCE SHEET (CONTINUED) AS AT 31 MAY 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 period 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 Company's financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime. 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 on 6 February 2026.
J P Carrington
Director
The notes on pages 5 to 8 form part of these financial statements. Page 3
PETER SIMON & CO LIMITED STATEMENT OF CHANGES IN EQUITY FOR THE PERIOD ENDED 31 MAY 2025
| Called up share capital | Profit and loss account | Total equity
| £ | £ | £
Comprehensive income for the period |  |  |
Profit for the period | - | 6,626 | 6,626
Contributions by and distributions to owners |  |  |
Shares issued during the period | 1 | - | 1
At 31 May 2025 | 1 | 6,626 | 6,627
| The notes on pages 5 to 8 form part of these financial statements.
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PETER SIMON & CO LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE PERIOD ENDED 31 MAY 2025
1. | General information
Peter Simon & Co Limited is a private company, limited by shares, incorporated and domiciled in England and Wales. The registered office is 1 Marsh Road, Norwich, Norfolk, NR13 6BP. The Company's principal activity is the provision of accountancy services. The Company was incorporated on 7 May 2024 and commenced trade on 18 March 2025. 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 Companies Act 2006. The preparation of financial statements in compliance with FRS 102 requires the use of certain critical accounting estimates. It also requires management to exercise judgment in applying the Company's accounting policies. 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 | 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. Page 5
PETER SIMON & CO LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE PERIOD ENDED 31 MAY 2025 2.Accounting policies (continued)
| 2.4 | 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.
| 2.5 | 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.
| 2.6 | 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.
| 2.7 | 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. Basic financial liabilities Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the Company after the deduction of all its liabilities. Basic financial liabilities, which include trade and other creditors, bank loans and other loans are initially measured at their transaction price (adjusting for transaction costs except in the initial measurement of financial liabilities that are subsequently measured at fair value through profit and loss). When this constitutes a financing transaction, whereby the debt instrument is measured at the present value of the future payments discounted at a market rate of interest, discounting is omitted where the effect of discounting is immaterial. Debt instruments are subsequently carried at their amortised cost using the effective interest rate method. Trade creditors are obligations to pay for goods and services that have been acquired in the Page 6
PETER SIMON & CO LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE PERIOD ENDED 31 MAY 2025 2.Accounting policies (continued)
| 2.7 | Financial instruments (continued)
ordinary course of business from suppliers. Trade creditors are classified as current liabilities if the payment is due within one year. If not, they represent non-current liabilities. Trade creditors are initially recognised at their transaction price and subsequently are measured at amortised cost using the effective interest method. Discounting is omitted where the effect of discounting is immaterial. Derecognition of financial instruments Derecognition of financial assets Financial assets are derecognised when their contractual right to future cash flow expire, or are settled, or when the Company transfers the asset and substantially all the risks and rewards of ownership to another party. If significant risks and rewards of ownership are retained after the transfer to another party, then the Company will continue to recognise the value of the portion of the risks and rewards retained. Derecognition of financial liabilities Financial liabilities are derecognised when the Company's contractual obligations expire or are discharged or cancelled.
3. | Employees
| The average monthly number of employees, including the director, during the period was as follows:
|  |  | 31 May
|  |  | 2025
|  |  | No.
|  | Directors | 1
4. | Debtors
|  |  |  |  | 2025
|  |  |  |  | £
| Prepayments and accrued income | 407
|  | 407
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PETER SIMON & CO LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE PERIOD ENDED 31 MAY 2025
5. | Creditors: Amounts falling due within one year
|  |  |  |  | 2025
|  |  |  |  | £
| Corporation tax | 2,039
| Other taxation and social security | 2,170
| Other creditors | 18,429
| Accruals and deferred income | 850
|  | 23,488
6. | Related party transactions
| As at 31 May 2025 a balance of £18,429 was owed to the director by the Company. The loan is interest free, repayable on demand and is included within other creditors in note 5 to the financial statements.
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