Caseware UK (AP4) 2024.0.164 2024.0.164 2025-06-30 2025-06-30 7 false false The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.2024-07-01 No description of principal activity 7 true false SC384495 2024-07-01 2025-06-30 SC384495 2023-07-01 2024-06-30 SC384495 2025-06-30 SC384495 2024-06-30 SC384495 c:Director1 2024-07-01 2025-06-30 SC384495 d:PlantMachinery 2024-07-01 2025-06-30 SC384495 d:PlantMachinery 2025-06-30 SC384495 d:PlantMachinery 2024-06-30 SC384495 d:PlantMachinery d:OwnedOrFreeholdAssets 2024-07-01 2025-06-30 SC384495 d:MotorVehicles 2024-07-01 2025-06-30 SC384495 d:MotorVehicles 2025-06-30 SC384495 d:MotorVehicles 2024-06-30 SC384495 d:MotorVehicles d:OwnedOrFreeholdAssets 2024-07-01 2025-06-30 SC384495 d:FurnitureFittings 2024-07-01 2025-06-30 SC384495 d:FurnitureFittings 2025-06-30 SC384495 d:FurnitureFittings 2024-06-30 SC384495 d:FurnitureFittings d:OwnedOrFreeholdAssets 2024-07-01 2025-06-30 SC384495 d:OfficeEquipment 2024-07-01 2025-06-30 SC384495 d:OfficeEquipment 2025-06-30 SC384495 d:OfficeEquipment 2024-06-30 SC384495 d:OfficeEquipment d:OwnedOrFreeholdAssets 2024-07-01 2025-06-30 SC384495 d:OwnedOrFreeholdAssets 2024-07-01 2025-06-30 SC384495 d:Goodwill 2025-06-30 SC384495 d:Goodwill 2024-06-30 SC384495 d:CurrentFinancialInstruments 2025-06-30 SC384495 d:CurrentFinancialInstruments 2024-06-30 SC384495 d:Non-currentFinancialInstruments 2025-06-30 SC384495 d:Non-currentFinancialInstruments 2024-06-30 SC384495 d:CurrentFinancialInstruments d:WithinOneYear 2025-06-30 SC384495 d:CurrentFinancialInstruments d:WithinOneYear 2024-06-30 SC384495 d:Non-currentFinancialInstruments d:AfterOneYear 2025-06-30 SC384495 d:Non-currentFinancialInstruments d:AfterOneYear 2024-06-30 SC384495 d:Non-currentFinancialInstruments d:BetweenOneTwoYears 2025-06-30 SC384495 d:Non-currentFinancialInstruments d:BetweenOneTwoYears 2024-06-30 SC384495 d:Non-currentFinancialInstruments d:BetweenTwoFiveYears 2025-06-30 SC384495 d:Non-currentFinancialInstruments d:BetweenTwoFiveYears 2024-06-30 SC384495 d:ShareCapital 2025-06-30 SC384495 d:ShareCapital 2024-06-30 SC384495 d:RetainedEarningsAccumulatedLosses 2025-06-30 SC384495 d:RetainedEarningsAccumulatedLosses 2024-06-30 SC384495 c:OrdinaryShareClass1 2024-07-01 2025-06-30 SC384495 c:OrdinaryShareClass1 2025-06-30 SC384495 c:OrdinaryShareClass1 2024-06-30 SC384495 c:FRS102 2024-07-01 2025-06-30 SC384495 c:AuditExempt-NoAccountantsReport 2024-07-01 2025-06-30 SC384495 c:FullAccounts 2024-07-01 2025-06-30 SC384495 c:PrivateLimitedCompanyLtd 2024-07-01 2025-06-30 SC384495 e:PoundSterling 2024-07-01 2025-06-30 iso4217:GBP xbrli:shares xbrli:pure

Registered number: SC384495 NEXUS24 LTD UNAUDITED FINANCIAL STATEMENTS INFORMATION FOR FILING WITH THE REGISTRAR FOR THE YEAR ENDED 30 JUNE 2025
NEXUS24 LTD REGISTERED NUMBER: SC384495 BALANCE SHEET AS AT 30 JUNE 2025
|  | 2025 |  | 2024
Note |  | £ |  | £
Fixed assets |  |  |  |  |
Tangible assets | 5 |  | 48,040 |  | 11,102
|  |  | 48,040 |  | 11,102
Current assets |  |  |  |  |
Debtors: amounts falling due within one year | 6 | 105,097 |  | 127,815 |
Cash at bank and in hand | 7 | 68,344 |  | 33,185 |
|  | 173,441 |  | 161,000 |
Creditors: amounts falling due within one year | 8 | (107,525) |  | (84,280) |
Net current assets |  |  | 65,916 |  | 76,720
Total assets less current liabilities |  |  | 113,956 |  | 87,822
Creditors: amounts falling due after more than one year | 9 |  | (19,740) |  | (9,834)
Provisions for liabilities |  |  |  |  |
Deferred tax |  | (9,058) |  | (2,026) |
|  |  | (9,058) |  | (2,026)
Net assets |  |  | 85,158 |  | 75,962
Capital and reserves |  |  |  |  |
Called up share capital | 11 |  | 100 |  | 100
Profit and loss account |  |  | 85,058 |  | 75,862
|  |  | 85,158 |  | 75,962
Page 1
NEXUS24 LTD REGISTERED NUMBER: SC384495 BALANCE SHEET (CONTINUED) AS AT 30 JUNE 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 on 26 February 2026.
Mr G W Hogge
Director
The notes on pages 3 to 11 form part of these financial statements. Page 2
NEXUS24 LTD NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2025
1. | General information
Nexus24 Ltd is a private company limited by shares incorporated in Scotland. The registered office is The Bond Building, 33 Breadalbane Street, Edinburgh, EH6 5JW. 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 | Going concern
At the time of approving the financial statements, the directors have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. Thus the directors continue to adopt the going concern basis of accounting in preparing the financial statements.
| 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. The following criteria must also be met before turnover is recognised: Sale of goods Turnover from the sale of goods is recognised when all of the following conditions are satisfied: ∙the Company has transferred the significant risks and rewards of ownership to the buyer; ∙the Company retains neither continuing managerial involvement to the degree usually associated with ownership nor effective control over the goods sold; ∙the amount of turnover can be measured reliably; ∙it is probable that the Company will receive the consideration due under the transaction; and ∙the costs incurred or to be incurred in respect of the transaction can be measured reliably.
| 2.4 | Goodwill
Goodwill represents the difference between amounts paid on the cost of a business combination and the acquirer's interest in the fair value of its identifiable assets and liabilities of the acquiree at the date of acquisition. Subsequent to initial recognition, goodwill is measured at cost less accumulated amortisation and accumulated impairment losses. Goodwill is amortised on a straight-line basis to the profit and loss account over its useful economic life. Page 3
NEXUS24 LTD NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2025 2.Accounting policies (continued)
| 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. 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:
|  |  |  | Plant and machinery | - | 25% |
|  |  |  | Motor vehicles | - | 20% |
|  |  |  | Fixtures and fittings | - | 25% |
|  |  |  | Office 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 | 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.
| 2.7 | 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.
| 2.8 | 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.
| 2.9 | Equity instruments
Equity instruments issued by the company are recorded at the proceeds received, net of transaction costs. Dividends payable on equity instruments are recognised as liabilities once they are no longer at the discretion of the company. Page 4
NEXUS24 LTD NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2025 2.Accounting policies (continued)
| 2.10 | 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.
| 2.11 | Employee benefits
The costs of short-term employee benefits are recognised as a liability and an expense, unless those costs are required to be recognised as part of the cost of stock or fixed assets. The cost of any unused holiday entitlement is recognised in the period in which the employee’s services are received. Termination benefits are recognised immediately as an expense when the company is demonstrably committed to terminate the employment of an employee or to provide termination benefits.
| 2.12 | Retirement benefits
Payments to defined contribution retirement benefit schemes are charged as an expense as they fall due.
3. | Employees
| The average monthly number of employees, including directors, during the year was 7 (2024 - 7).
Page 5
NEXUS24 LTD NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2025
4. | Intangible assets
|  | Goodwill
|  | £
| Cost |
| At 1 July 2024 | 40,000
| At 30 June 2025 | 40,000
| Amortisation |
| At 1 July 2024 | 40,000
| At 30 June 2025 | 40,000
| Net book value |
| At 30 June 2025 | -
| At 30 June 2024 | -
Page 6
NEXUS24 LTD NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2025
5. | Tangible fixed assets
|  | Plant and machinery | Motor vehicles | Fixtures and fittings | Office equipment | Total
|  | £ | £ | £ | £ | £
| Cost or valuation |  |  |  |  |
| At 1 July 2024 | 15,662 | 16,090 | 2,127 | 25,791 | 59,670
| Additions | - | 42,555 | - | 4,808 | 47,363
| Disposals | (2,799) | (16,090) | - | (2,697) | (21,586)
| At 30 June 2025 | 12,863 | 42,555 | 2,127 | 27,902 | 85,447
| Depreciation |  |  |  |  |
| At 1 July 2024 | 13,207 | 16,090 | 2,127 | 17,144 | 48,568
| Charge for the year on owned assets | 819 | 4,610 | - | 4,996 | 10,425
| Disposals | (2,799) | (16,090) | - | (2,697) | (21,586)
| At 30 June 2025 | 11,227 | 4,610 | 2,127 | 19,443 | 37,407
| Net book value |  |  |  |  |
| At 30 June 2025 | 1,636 | 37,945 | - | 8,459 | 48,040
| At 30 June 2024 | 2,455 | - | - | 8,647 | 11,102
6. | Debtors
|  |  |  |  | 2025 | 2024
|  |  |  |  | £ | £
| Trade debtors | 61,028 | 56,890
| Amounts owed by group undertakings | 35,000 | 67,000
| Other debtors | 7,400 | 2,600
| Prepayments and accrued income | 1,476 | 1,325
| Tax recoverable | 193 | -
|  | 105,097 | 127,815
Page 7
NEXUS24 LTD NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2025
7. | Cash and cash equivalents
|  |  |  |  | 2025 | 2024
|  |  |  |  | £ | £
| Cash at bank and in hand | 68,344 | 33,185
|  | 68,344 | 33,185
8. | Creditors: Amounts falling due within one year
|  |  |  |  | 2025 | 2024
|  |  |  |  | £ | £
| Bank loans | 9,834 | 10,000
| Other loans | 6,927 | -
| Trade creditors | 41,043 | 32,262
| Other taxation and social security | 15,054 | 9,918
| Other creditors | 18,197 | 20,481
| Accruals and deferred income | 16,470 | 11,619
|  | 107,525 | 84,280
9. | Creditors: Amounts falling due after more than one year
|  |  |  |  | 2025 | 2024
|  |  |  |  | £ | £
| Bank loans | 19,740 | 9,834
|  | 19,740 | 9,834
Page 8
NEXUS24 LTD NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2025
10. | Loans
| Analysis of the maturity of loans is given below:
|  |  |  |  | 2025 | 2024
|  |  |  |  | £ | £
| Amounts falling due within one year |  |
| Bank loans | 9,834 | 10,000
| Other loans | 6,927 | -
|  | 16,761 | 10,000
| Amounts falling due 1-2 years |  |
| Bank loans | 19,740 | -
|  | 19,740 | -
| Amounts falling due 2-5 years |  |
| Bank loans | - | 9,834
|  | - | 9,834
|  | 36,501 | 19,834
11. | Share capital
|  |  |  |  | 2025 | 2024
|  |  |  |  | £ | £
|  | Allotted, called up and fully paid |  |
|  | 100 (2024 - 100) Ordinary Shares shares of £1.00 each | 100 | 100
12. | Directors' transactions
Advances or credits have been granted by the company to a director as follows:
| Description | Opening Balance | Amounts Advanced | Closing Balance
|  | £ | £ | £
| Directors Loan | - | 6,000 | 6,000
|  | - | 6,000 | 6,000
The loan advanced to S Kavanagh was repaid 9 months after the year end. Page 9
NEXUS24 LTD NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2025 12.Directors' transactions (continued) Page 10
NEXUS24 LTD NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2025
13. | Related party transactions
| The directors are of the opinion that all other related party transactions are conducted under normal market conditions and on an arm's length basis and therefore do not need to be disclosed under FRS 102 section 1A appendix C.
Page 11