Caseware UK (AP4) 2024.0.164 2024.0.164 2025-03-31 2025-03-31 2024-04-01 false The principal activity of the company continued to be that of consultancy services 6 6 true true The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. 09138270 2024-04-01 2025-03-31 09138270 2023-04-01 2024-03-31 09138270 2025-03-31 09138270 2024-03-31 09138270 2023-04-01 09138270 c:Director1 2024-04-01 2025-03-31 09138270 d:OfficeEquipment 2024-04-01 2025-03-31 09138270 d:OfficeEquipment 2025-03-31 09138270 d:OfficeEquipment 2024-03-31 09138270 d:OfficeEquipment d:OwnedOrFreeholdAssets 2024-04-01 2025-03-31 09138270 d:CurrentFinancialInstruments 2025-03-31 09138270 d:CurrentFinancialInstruments 2024-03-31 09138270 d:Non-currentFinancialInstruments 2025-03-31 09138270 d:Non-currentFinancialInstruments 2024-03-31 09138270 d:CurrentFinancialInstruments d:WithinOneYear 2025-03-31 09138270 d:CurrentFinancialInstruments d:WithinOneYear 2024-03-31 09138270 d:Non-currentFinancialInstruments d:AfterOneYear 2025-03-31 09138270 d:Non-currentFinancialInstruments d:AfterOneYear 2024-03-31 09138270 d:Non-currentFinancialInstruments d:BetweenOneTwoYears 2025-03-31 09138270 d:Non-currentFinancialInstruments d:BetweenOneTwoYears 2024-03-31 09138270 d:Non-currentFinancialInstruments d:BetweenTwoFiveYears 2025-03-31 09138270 d:Non-currentFinancialInstruments d:BetweenTwoFiveYears 2024-03-31 09138270 d:ShareCapital 2025-03-31 09138270 d:ShareCapital 2024-03-31 09138270 d:SharePremium 2025-03-31 09138270 d:SharePremium 2024-03-31 09138270 d:CapitalRedemptionReserve 2025-03-31 09138270 d:CapitalRedemptionReserve 2024-03-31 09138270 d:RetainedEarningsAccumulatedLosses 2025-03-31 09138270 d:RetainedEarningsAccumulatedLosses 2024-03-31 09138270 c:OrdinaryShareClass1 2024-04-01 2025-03-31 09138270 c:OrdinaryShareClass1 2025-03-31 09138270 c:OrdinaryShareClass3 2024-04-01 2025-03-31 09138270 c:OrdinaryShareClass3 2025-03-31 09138270 c:OrdinaryShareClass4 2024-04-01 2025-03-31 09138270 c:OrdinaryShareClass4 2025-03-31 09138270 c:FRS102 2024-04-01 2025-03-31 09138270 c:AuditExempt-NoAccountantsReport 2024-04-01 2025-03-31 09138270 c:FullAccounts 2024-04-01 2025-03-31 09138270 c:PrivateLimitedCompanyLtd 2024-04-01 2025-03-31 09138270 2 2024-04-01 2025-03-31 09138270 d:AcceleratedTaxDepreciationDeferredTax 2025-03-31 09138270 d:AcceleratedTaxDepreciationDeferredTax 2024-03-31 xbrli:shares iso4217:GBP xbrli:pure

Registered number: 09138270 MENTOR EUROPE ASSOCIATES LIMITED UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025
MENTOR EUROPE ASSOCIATES LIMITED
CONTENTS
| Page
Balance sheet | 1 - 2
Notes to the financial statements | 3 - 8
MENTOR EUROPE ASSOCIATES LIMITED REGISTERED NUMBER:09138270
BALANCE SHEET AS AT 31 MARCH 2025
|  | 2025 |  | 2024
Note |  | £ |  | £
Fixed assets |  |  |  |  |
Tangible assets | 4 |  | - |  | 1,744
|  |  | - |  | 1,744
Current assets |  |  |  |  |
Debtors: amounts falling due within one year | 5 | 108,285 |  | 253,396 |
Cash at bank and in hand | 6 | 228,590 |  | 547,317 |
|  | 336,875 |  | 800,713 |
Creditors: amounts falling due within one year | 7 | (95,047) |  | (346,938) |
Net current assets |  |  | 241,828 |  | 453,775
Total assets less current liabilities |  |  | 241,828 |  | 455,519
Creditors: amounts falling due after more than one year | 8 |  | (2,500) |  | (12,500)
Net assets |  |  | 239,328 |  | 443,019
Capital and reserves |  |  |  |  |
Called up share capital | 11 |  | 370 |  | 370
Share premium account |  |  | 50,000 |  | 50,000
Capital redemption reserve |  |  | 111 |  | 111
Profit and loss account |  |  | 188,847 |  | 392,538
|  |  | 239,328 |  | 443,019
1
MENTOR EUROPE ASSOCIATES LIMITED REGISTERED NUMBER:09138270
BALANCE SHEET (CONTINUED) AS AT 31 MARCH 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 by:
................................................ T D Hilliard
Director
Date: 12 March 2026
The notes on pages 3 to 8 form part of these financial statements. 2
MENTOR EUROPE ASSOCIATES LIMITED
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025
1. | General information
Mentor Europe Associates Limited is a private company, limited by shares, registered in England and Wales, registration number 09138270. The registered office is Elsley Court, 20-22 Great Titchfield Street, London, W1W 8BE. The principal activity of the company continued to be that of 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 Section 1A of 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 judgement in applying the company's accounting policies. 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 pound sterling. 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 | Turnover
Turnover from consultancy service 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. Turnover is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.
| 2.4 | Interest income
Interest income is recognised in profit or loss using the effective interest method.
| 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 | Borrowing costs
All borrowing costs are recognised in profit or loss in the year in which they are incurred. 3
MENTOR EUROPE ASSOCIATES LIMITED
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 2.Accounting policies (continued)
| 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 Balance sheet. The assets of the plan are held separately from the company in independently administered funds.
| 2.8 | 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. Deferred tax is determined using tax rates and laws that have been enacted or substantively enacted by the balance sheet date.
| 2.9 | 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% | straight line
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. 4
MENTOR EUROPE ASSOCIATES LIMITED
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 2.Accounting policies (continued)
| 2.10 | Debtors
Short-term debtors are measured at transaction price, less any impairment.
| 2.11 | 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.
| 2.12 | Creditors
Short-term creditors are measured at the transaction price.
| 2.13 | Financial instruments
The company only enters into basic financial instrument transactions that result in the recognition of financial assets and liabilities like trade and other debtors and creditors, loans from banks and other third parties, loans to related parties and investments in ordinary shares.
| 2.14 | Dividends
Equity dividends are recognised when they become legally payable. Interim equity dividends are recognised when paid. Final equity dividends are recognised when approved by the shareholders at an annual general meeting.
3. | Employees
| The average monthly number of employees, including directors, during the year was 6 (2024 - 6).
4. | Tangible fixed assets
|  | Office equipment
|  | £
| Cost or valuation |
| At 1 April 2024 | 12,463
| At 31 March 2025 | 12,463
| Depreciation |
| At 1 April 2024 | 10,719
| Charge for the year on owned assets | 1,744
| At 31 March 2025 | 12,463
| Net book value |
| At 31 March 2025 | -
| At 31 March 2024 | 1,744
5
MENTOR EUROPE ASSOCIATES LIMITED
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025
5. | Debtors
|  |  |  |  | 2025 | 2024
|  |  |  |  | £ | £
| Trade debtors | - | 194,160
| Other debtors | 107,741 | 56,282
| Prepayments and accrued income | 544 | 2,926
| Deferred taxation | - | 28
|  | 108,285 | 253,396
6. | Cash and cash equivalents
|  |  |  |  | 2025 | 2024
|  |  |  |  | £ | £
| Cash at bank | 228,590 | 547,317
7. | Creditors: amounts falling due within one year
|  |  |  |  | 2025 | 2024
|  |  |  |  | £ | £
| Bank loans | 10,000 | 9,988
| Trade creditors | 19,127 | 89,105
| Corporation tax | - | 167,592
| Other taxation and social security | 6,596 | 4,287
| Other creditors | 50,020 | 48,970
| Accruals | 9,304 | 26,996
|  | 95,047 | 346,938
| The bank loan of £10,000 (2024 - £9,988) included in creditors due within one year is a Coronavirus Bounce Back Loan, 100% guaranteed by the government.
8. | Creditors: Amounts falling due after more than one year
|  |  |  |  | 2025 | 2024
|  |  |  |  | £ | £
| Bank loans | 2,500 | 12,500
| The bank loan of £2,500 (2024 - £12,500) included in creditors due after more than one year is a Coronavirus Bounce Back Loan, 100% guaranteed by the government.
6
MENTOR EUROPE ASSOCIATES LIMITED
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025
9. | Loans
| Analysis of the maturity of loans is given below:
|  |  |  |  | 2025 | 2024
|  |  |  |  | £ | £
| Amounts falling due within one year |  |
| Bank loans | 10,000 | 9,988
| Amounts falling due 1-2 years |  |
| Bank loans | 2,500 | 10,000
| Amounts falling due 2-5 years |  |
| Bank loans | - | 2,500
|  | 12,500 | 22,488
10. | Deferred taxation
|  | 2025 | 2024
|  | £ | £
| At beginning of year | 28 | (319)
| Charged to profit or loss | (28) | 347
| At end of year | - | 28
| The deferred tax asset is made up as follows:
|  |  |  |  | 2025 | 2024
|  |  |  |  | £ | £
| Accelerated capital allowances | - | (28)
11. | Share capital
|  |  |  |  | 2025 | 2024
|  |  |  |  | £ | £
|  | Allotted, called up and fully paid |  |
|  | 59 Ordinary A shares of £1.00 each | 59 | 59
|  | 111 Ordinary C shares of £1.00 each | 111 | 111
|  | 200 Ordinary D shares of £1.00 each | 200 | 200
|  |  | 370 | 370
7
MENTOR EUROPE ASSOCIATES LIMITED
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025
12. | 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 £9,369 (2024 - £9,202).
13. | Related party transactions
| As at the balance sheet date, £48,881 (2024 - £18,262) was owed by the directors. The loan is unsecured and repayable on demand. The interest of £870 is charged at the official rate. As at the balance sheet date, £1,920 (2024 - £1,920) was owed to the directors. The loans are unsecured and repayable on demand. During the year, the company paid dividends of £40,270 (2024 - £90,135) to the directors.
8