Caseware UK (AP4) 2025.0.111 2025.0.111 2025-12-31 2025-12-31 2025-01-01 6 No description of principal activity false 8 true true The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.false 06759695 2025-01-01 2025-12-31 06759695 2024-01-01 2024-12-31 06759695 2025-12-31 06759695 2024-12-31 06759695 2024-01-01 06759695 c:Director4 2025-01-01 2025-12-31 06759695 d:MotorVehicles 2025-01-01 2025-12-31 06759695 d:MotorVehicles 2025-12-31 06759695 d:MotorVehicles 2024-12-31 06759695 d:MotorVehicles d:OwnedOrFreeholdAssets 2025-01-01 2025-12-31 06759695 d:FurnitureFittings 2025-01-01 2025-12-31 06759695 d:FurnitureFittings 2025-12-31 06759695 d:FurnitureFittings 2024-12-31 06759695 d:FurnitureFittings d:OwnedOrFreeholdAssets 2025-01-01 2025-12-31 06759695 d:OwnedOrFreeholdAssets 2025-01-01 2025-12-31 06759695 d:ComputerSoftware 2025-12-31 06759695 d:ComputerSoftware 2024-12-31 06759695 d:CurrentFinancialInstruments 2025-12-31 06759695 d:CurrentFinancialInstruments 2024-12-31 06759695 d:Non-currentFinancialInstruments 2025-12-31 06759695 d:Non-currentFinancialInstruments 2024-12-31 06759695 d:CurrentFinancialInstruments d:WithinOneYear 2025-12-31 06759695 d:CurrentFinancialInstruments d:WithinOneYear 2024-12-31 06759695 d:Non-currentFinancialInstruments d:AfterOneYear 2025-12-31 06759695 d:Non-currentFinancialInstruments d:AfterOneYear 2024-12-31 06759695 d:RetainedEarningsAccumulatedLosses 2025-01-01 2025-12-31 06759695 d:RetainedEarningsAccumulatedLosses 2025-12-31 06759695 d:RetainedEarningsAccumulatedLosses 2024-01-01 2024-12-31 06759695 d:RetainedEarningsAccumulatedLosses 2024-12-31 06759695 d:RetainedEarningsAccumulatedLosses 2024-01-01 06759695 c:FRS102 2025-01-01 2025-12-31 06759695 c:AuditExempt-NoAccountantsReport 2025-01-01 2025-12-31 06759695 c:FullAccounts 2025-01-01 2025-12-31 06759695 c:CompanyLimitedByGuarantee 2025-01-01 2025-12-31 06759695 d:HirePurchaseContracts d:WithinOneYear 2025-12-31 06759695 d:HirePurchaseContracts d:WithinOneYear 2024-12-31 06759695 d:HirePurchaseContracts d:BetweenOneFiveYears 2025-12-31 06759695 d:HirePurchaseContracts d:BetweenOneFiveYears 2024-12-31 06759695 d:ComputerSoftware d:ExternallyAcquiredIntangibleAssets 2025-01-01 2025-12-31 06759695 2 2025-01-01 2025-12-31 06759695 d:ComputerSoftware d:OwnedIntangibleAssets 2025-01-01 2025-12-31 06759695 e:PoundSterling 2025-01-01 2025-12-31 iso4217:GBP xbrli:pure

Registered number: 06759695 INTERNATIONAL ASSOCIATION OF ACCOUNTING PROFESSIONALS (A Company Limited by Guarantee) UNAUDITED FINANCIAL STATEMENTS INFORMATION FOR FILING WITH THE REGISTRAR FOR THE YEAR ENDED 31 DECEMBER 2025
INTERNATIONAL ASSOCIATION OF ACCOUNTING PROFESSIONALS (A Company Limited by Guarantee) REGISTERED NUMBER: 06759695 STATEMENT OF FINANCIAL POSITION AS AT 31 DECEMBER 2025
|  | 2025 |  | 2024
Note |  | £ |  | £
Fixed assets |  |  |  |  |
Intangible assets | 5 |  | 432,291 |  | 422,540
Tangible assets | 6 |  | 65,271 |  | 90,513
|  |  | 497,562 |  | 513,053
Current assets |  |  |  |  |
Debtors: amounts falling due within one year | 7 | 298,631 |  | 206,556 |
Cash at bank and in hand | 8 | 69,312 |  | 1,019 |
|  | 367,943 |  | 207,575 |
Creditors: amounts falling due within one year | 9 | (352,760) |  | (212,177) |
Net current assets/(liabilities) |  |  | 15,183 |  | (4,602)
Total assets less current liabilities |  |  | 512,745 |  | 508,451
Creditors: amounts falling due after more than one year | 10 |  | (54,823) |  | (64,627)
Net assets |  |  | 457,922 |  | 443,824
Capital and reserves |  |  |  |  |
Profit and loss account |  |  | 457,922 |  | 443,824
|  |  | 457,922 |  | 443,824
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INTERNATIONAL ASSOCIATION OF ACCOUNTING PROFESSIONALS (A Company Limited by Guarantee) REGISTERED NUMBER: 06759695 STATEMENT OF FINANCIAL POSITION (CONTINUED) AS AT 31 DECEMBER 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 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 on 28 February 2026.
S A S Palmer
Director
The notes on pages 4 to 11 form part of these financial statements. Page 2
INTERNATIONAL ASSOCIATION OF ACCOUNTING PROFESSIONALS (A Company Limited by Guarantee) STATEMENT OF CHANGES IN EQUITY FOR THE YEAR ENDED 31 DECEMBER 2025
| Profit and loss account | Total equity
| £ | £
At 1 January 2024 | 431,062 | 431,062
Comprehensive income for the year |  |
Profit for the year | 12,762 | 12,762
Total comprehensive income for the year | 12,762 | 12,762
Total transactions with owners | - | -
At 1 January 2025 | 443,824 | 443,824
Comprehensive income for the year |  |
Profit for the year | 14,098 | 14,098
Total comprehensive income for the year | 14,098 | 14,098
Total transactions with owners | - | -
At 31 December 2025 | 457,922 | 457,922
| The notes on pages 4 to 11 form part of these financial statements.
Page 3
INTERNATIONAL ASSOCIATION OF ACCOUNTING PROFESSIONALS (A Company Limited by Guarantee) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2025
1. | General information
The company is a private company limited by guarantee, registred in England and Wales. The address of the registered office is 33 Queen Street, London EC4R 1AP. 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 | 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. Foreign exchange gains and losses resulting from the settlement of transactions and from the translation at period-end exchange rates of monetary assets and liabilities denominated in foreign currencies are recognised in profit or loss except when deferred in other comprehensive income as qualifying cash flow hedges. Foreign exchange gains and losses that relate to borrowings and cash and cash equivalents are presented in the Statement of Comprehensive Income within 'finance income or costs'. All other foreign exchange gains and losses are presented in profit or loss within 'other operating income'. Page 4
INTERNATIONAL ASSOCIATION OF ACCOUNTING PROFESSIONALS (A Company Limited by Guarantee) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2025 2.Accounting policies (continued)
| 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.
| 2.5 | Interest income
Interest income is recognised in profit or loss using the effective interest method.
| 2.6 | 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.
| 2.7 | 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 Statement of Financial Position. The assets of the plan are held separately from the Company in independently administered funds. Page 5
INTERNATIONAL ASSOCIATION OF ACCOUNTING PROFESSIONALS (A Company Limited by Guarantee) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2025 2.Accounting policies (continued)
| 2.8 | 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 reporting date in the countries where the Company operates and generates income.
| 2.9 | Intangible assets
Intangible assets are initially recognised at cost. After recognition, under the cost model, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses. All intangible assets are considered to have a finite useful life. If a reliable estimate of the useful life cannot be made, the useful life shall not exceed ten years.
| 2.10 | 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:
|  |  |  | Motor vehicles | - |  |
|  |  |  | Fixtures and fittings and equipment | - | 20% |
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.
| 2.11 | 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. Page 6
INTERNATIONAL ASSOCIATION OF ACCOUNTING PROFESSIONALS (A Company Limited by Guarantee) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2025 2.Accounting policies (continued)
| 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 | 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.
3. | Judgments in applying accounting policies and key sources of estimation uncertainty
In the application of the company's accounting policies management is required to make judgements, estimates and assumptions about the carrying value of assets and liabilities that are not readily ascertainable from other sources. The estimates and underlying assumptions are based on historical experience and other factors that are considered to be relevant. Actual outcomes may differ from these estimates. The estimates and underlying assumptions are reviewed on a continuing basis. Revisions to accounting estimates are recognised in the period in which the estimates are revised. The key areas of estimation uncertainty that have a significant effect on the amounts recognised in the financial statements are described below: Prepayments & Accrued Expenditure The company includes a provision for invoices which are yet to be received from and amounts paid in advance to suppliers. These provisions are estimated based upon the expected values of the invoices which are issued and services received following the period end.
4. | Employees
| The average monthly number of employees, including directors, during the year was 6 (2024 - 8).
Page 7
INTERNATIONAL ASSOCIATION OF ACCOUNTING PROFESSIONALS (A Company Limited by Guarantee) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2025
5. | Intangible assets
|  | Computer software
|  | £
| Cost |
| At 1 January 2025 | 506,966
| Additions | 66,024
| At 31 December 2025 | 572,990
| Amortisation |
| At 1 January 2025 | 84,425
| Charge for the year on owned assets | 56,274
| At 31 December 2025 | 140,699
| Net book value |
| At 31 December 2025 | 432,291
| At 31 December 2024 | 422,540
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INTERNATIONAL ASSOCIATION OF ACCOUNTING PROFESSIONALS (A Company Limited by Guarantee) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2025
6. | Tangible fixed assets
|  | Motor vehicles | Fixtures and fittings and equipment | Total
|  | £ | £ | £
| Cost or valuation |  |  |
| At 1 January 2025 | 95,205 | 7,204 | 102,409
| At 31 December 2025 | 95,205 | 7,204 | 102,409
| Depreciation |  |  |
| At 1 January 2025 | 7,934 | 3,962 | 11,896
| Charge for the year on owned assets | 23,801 | 1,441 | 25,242
| At 31 December 2025 | 31,735 | 5,403 | 37,138
| Net book value |  |  |
| At 31 December 2025 | 63,470 | 1,801 | 65,271
| At 31 December 2024 | 87,271 | 3,242 | 90,513
7. | Debtors
|  |  |  |  | 2025 | 2024
|  |  |  |  | £ | £
| Trade debtors | 2,353 | 7,860
| Amounts owed by group undertakings | - | 2,217
| Amounts owed by joint ventures and associated undertakings | 283,348 | 170,441
| Other debtors | 8,258 | 26,038
| Prepayments and accrued income | 4,672 | -
|  | 298,631 | 206,556
Page 9
INTERNATIONAL ASSOCIATION OF ACCOUNTING PROFESSIONALS (A Company Limited by Guarantee) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2025
8. | Cash and cash equivalents
|  |  |  |  | 2025 | 2024
|  |  |  |  | £ | £
| Cash at bank and in hand | 69,312 | 1,019
|  | 69,312 | 1,019
9. | Creditors: Amounts falling due within one year
|  |  |  |  | 2025 | 2024
|  |  |  |  | £ | £
| Trade creditors | 110,882 | 18,002
| Amounts owed to group undertakings | 148,797 | 55,184
| Other taxation and social security | 20,044 | 21,200
| Obligations under finance lease and hire purchase contracts | 16,502 | 16,502
| Other creditors | 52,035 | 96,489
| Accruals and deferred income | 4,500 | 4,800
|  | 352,760 | 212,177
10. | Creditors: Amounts falling due after more than one year
|  |  |  |  | 2025 | 2024
|  |  |  |  | £ | £
| Net obligations under finance leases and hire purchase contracts | 54,823 | 64,627
|  | 54,823 | 64,627
11. | Hire purchase and finance leases
| Minimum lease payments under hire purchase fall due as follows:
|  |  |  |  | 2025 | 2024
|  |  |  |  | £ | £
| Within one year | 16,502 | 16,502
| Between 1-5 years | 54,823 | 64,627
|  | 71,325 | 81,129
Page 10
INTERNATIONAL ASSOCIATION OF ACCOUNTING PROFESSIONALS (A Company Limited by Guarantee) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2025
12. | Company status
The company is a private company limited by guarantee and consequently does not have share capital. Each of the members is liable to contribute an amount not exceeding £1 towards the assets of the company in the event of liquidation.
13. | 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 £11,049 (2024 - £13,470). Contributions totalling £1,450 (2024 - £1,305) were payable to the fund at the reporting date and are included in creditors.
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