Caseware UK (AP4) 2024.0.164 2024.0.164 2025-03-31 2025-03-31 The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.2024-04-01 false No description of principal activity 2 2 true true false 01703560 2024-04-01 2025-03-31 01703560 2023-04-01 2024-03-31 01703560 2025-03-31 01703560 2024-03-31 01703560 c:Director2 2024-04-01 2025-03-31 01703560 d:OfficeEquipment 2024-04-01 2025-03-31 01703560 d:OfficeEquipment 2025-03-31 01703560 d:OfficeEquipment 2024-03-31 01703560 d:OfficeEquipment d:OwnedOrFreeholdAssets 2024-04-01 2025-03-31 01703560 d:FreeholdInvestmentProperty 2025-03-31 01703560 d:FreeholdInvestmentProperty 2024-03-31 01703560 d:CurrentFinancialInstruments 2025-03-31 01703560 d:CurrentFinancialInstruments 2024-03-31 01703560 d:CurrentFinancialInstruments d:WithinOneYear 2025-03-31 01703560 d:CurrentFinancialInstruments d:WithinOneYear 2024-03-31 01703560 d:ShareCapital 2025-03-31 01703560 d:ShareCapital 2024-03-31 01703560 d:OtherMiscellaneousReserve 2025-03-31 01703560 d:OtherMiscellaneousReserve 2024-03-31 01703560 d:RetainedEarningsAccumulatedLosses 2025-03-31 01703560 d:RetainedEarningsAccumulatedLosses 2024-03-31 01703560 c:FRS102 2024-04-01 2025-03-31 01703560 c:AuditExempt-NoAccountantsReport 2024-04-01 2025-03-31 01703560 c:FullAccounts 2024-04-01 2025-03-31 01703560 c:PrivateLimitedCompanyLtd 2024-04-01 2025-03-31 01703560 2 2024-04-01 2025-03-31 01703560 6 2024-04-01 2025-03-31 01703560 e:PoundSterling 2024-04-01 2025-03-31 iso4217:GBP xbrli:pure

Registered number: 01703560 CITYDELL LIMITED UNAUDITED FINANCIAL STATEMENTS INFORMATION FOR FILING WITH THE REGISTRAR FOR THE YEAR ENDED 31 MARCH 2025
CITYDELL LIMITED REGISTERED NUMBER: 01703560 STATEMENT OF FINANCIAL POSITION AS AT 31 MARCH 2025
|  | 2025 |  | 2024
Note |  | £ |  | £
Fixed assets |  |  |  |  |
Tangible assets | 4 |  | 479 |  | 718
Investments | 5 |  | 50,000 |  | 50,000
Investment property | 6 |  | 1,050,000 |  | 1,050,000
|  |  | 1,100,479 |  | 1,100,718
Current assets |  |  |  |  |
Stocks |  | 504,574 |  | 814,175 |
Debtors: amounts falling due within one year | 7 | 1,307,162 |  | 801,168 |
Current asset investments | 8 | 75,000 |  | 75,000 |
Cash at bank and in hand | 9 | 795,473 |  | 349,787 |
|  | 2,682,209 |  | 2,040,130 |
Creditors: amounts falling due within one year | 10 | (471,737) |  | (235,896) |
Net current assets |  |  | 2,210,472 |  | 1,804,234
Total assets less current liabilities |  |  | 3,310,951 |  | 2,904,952
Provisions for liabilities |  |  |  |  |
Deferred tax |  | (96,789) |  | (96,789) |
|  |  | (96,789) |  | (96,789)
Net assets |  |  | 3,214,162 |  | 2,808,163
Capital and reserves |  |  |  |  |
Called up share capital |  |  | 100 |  | 100
Other reserves |  |  | 412,625 |  | 412,625
Profit and loss account |  |  | 2,801,437 |  | 2,395,438
|  |  | 3,214,162 |  | 2,808,163
Page 1
CITYDELL LIMITED REGISTERED NUMBER: 01703560 STATEMENT OF FINANCIAL POSITION (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 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:
Simon Paul Sterling |
Director |
Date: 16 March 2026 |
The notes on pages 3 to 8 form part of these financial statements. Page 2
CITYDELL LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025
1. | General information
Citydell Limited is a private company limited by shares and is incorporated in England and Wales (registered number 01703560). The registered office is 101 New Cavendish Street, 1st Floor South, London, W1W 6XH. The financial statements are presented in Sterling, which is the functional currency of the company. 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 | 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 | 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. Page 3
CITYDELL LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 2.Accounting policies (continued)
| 2.3 | Tangible fixed assets (continued)
Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, on a reducing balance basis. Depreciation is provided on the following basis:
|  |  |  | Office equipment | - | 33% | Reducing balance
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.
| 2.4 | Investment property
Investment property is carried at fair value determined annually by external valuers and derived from the current market rents and investment property yields for comparable real estate, adjusted if necessary for any difference in the nature, location or condition of the specific asset. No depreciation is provided. Changes in fair value are recognised in profit or loss.
| 2.5 | 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 reporting 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. Investments in listed company shares are remeasured to market value at each reporting date. Gains and losses on remeasurement are recognised in profit or loss for the period.
| 2.6 | Stocks
Stocks are stated at the lower of cost and net realisable value, being the estimated selling price less costs to complete and sell. Cost is based on the cost of purchase on a first in, first out basis. Work in progress and finished goods include labour and attributable overheads. At each reporting date, stocks are assessed for impairment. If stock is impaired, the carrying amount is reduced to its selling price less costs to complete and sell. The impairment loss is recognised immediately in profit or loss.
| 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. Page 4
CITYDELL LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 2.Accounting policies (continued)
| 2.8 | 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.
| 2.9 | 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.
| 2.10 | Interest income
Interest income is recognised in profit or loss using the effective interest method.
| 2.11 | Provisions for liabilities
Provisions are recognised when an event has taken place that gives rise to a legal or constructive obligation, a transfer of economic benefits is probable and a reliable estimate can be made. Provisions are measured as the best estimate of the amount required to settle the obligation, taking into account the related risks and uncertainties. Increases in provisions are generally charged as an expense to profit or loss.
| 2.12 | 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 reporting 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 reporting 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 reporting date. Page 5
CITYDELL LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025
3. | Employees
| The average monthly number of employees, including directors, during the year was 2 (2024 - 2).
4. | Tangible fixed assets
|  | Office equipment
|  | £
| Cost or valuation |
| At 1 April 2024 | 21,422
| At 31 March 2025 | 21,422
| Depreciation |
| At 1 April 2024 | 20,704
| Charge for the year on owned assets | 239
| At 31 March 2025 | 20,943
| Net book value |
| At 31 March 2025 | 479
| At 31 March 2024 | 718
5. | Fixed asset investments
|  | Other fixed asset investments
|  | £
| Cost or valuation |
| At 1 April 2024 | 50,000
| At 31 March 2025 | 50,000
Page 6
CITYDELL LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025
6. | Investment property
|  | Freehold investment property
|  | £
| Valuation |
| At 1 April 2024 | 1,050,000
| At 31 March 2025 | 1,050,000
The 2025 valuations were made by the directors, on an open market value for existing use basis. On a historical cost basis these would have been included at an original cost of £540,586 (2024: £540,586)
| At 31 March 2025
7. | Debtors
|  |  |  |  | 2025 | 2024
|  |  |  |  | £ | £
| Other debtors | 1,307,162 | 801,168
|  | 1,307,162 | 801,168
8. | Current asset investments
|  |  |  |  | 2025 | 2024
|  |  |  |  | £ | £
| Unlisted investments | 75,000 | 75,000
|  | 75,000 | 75,000
Page 7
CITYDELL LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025
9. | Cash and cash equivalents
|  |  |  |  | 2025 | 2024
|  |  |  |  | £ | £
| Cash at bank and in hand | 795,473 | 349,787
|  | 795,473 | 349,787
10. | Creditors: Amounts falling due within one year
|  |  |  |  | 2025 | 2024
|  |  |  |  | £ | £
| Corporation tax | 134,838 | 41,233
| Other creditors | 301,085 | 158,849
| Accruals and deferred income | 35,814 | 35,814
|  | 471,737 | 235,896
11. | Related party transactions
| Included in other creditors is an amount of £156,461 (2024: £144,838) due to the director L Sterling.
Page 8