Caseware UK (AP4) 2024.0.164 2024.0.164 2025-03-31 The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.11887331 2025-03-31 2 2024-04-01 2 false false true true 11887331 2024-04-01 2025-03-31 11887331 2023-04-01 2024-03-31 11887331 2025-03-31 11887331 2024-03-31 11887331 c:Director2 2024-04-01 2025-03-31 11887331 d:CurrentFinancialInstruments 2025-03-31 11887331 d:CurrentFinancialInstruments 2024-03-31 11887331 d:CurrentFinancialInstruments d:WithinOneYear 2025-03-31 11887331 d:CurrentFinancialInstruments d:WithinOneYear 2024-03-31 11887331 d:ShareCapital 2025-03-31 11887331 d:ShareCapital 2024-03-31 11887331 d:SharePremium 2024-04-01 2025-03-31 11887331 d:SharePremium 2025-03-31 11887331 d:SharePremium 2024-03-31 11887331 d:RetainedEarningsAccumulatedLosses 2024-04-01 2025-03-31 11887331 d:RetainedEarningsAccumulatedLosses 2025-03-31 11887331 d:RetainedEarningsAccumulatedLosses 2024-03-31 11887331 c:OrdinaryShareClass1 2024-04-01 2025-03-31 11887331 c:OrdinaryShareClass1 2025-03-31 11887331 c:OrdinaryShareClass1 2024-03-31 11887331 c:FRS102 2024-04-01 2025-03-31 11887331 c:AuditExempt-NoAccountantsReport 2024-04-01 2025-03-31 11887331 c:FullAccounts 2024-04-01 2025-03-31 11887331 c:PrivateLimitedCompanyLtd 2024-04-01 2025-03-31 11887331 6 2024-04-01 2025-03-31 11887331 e:PoundSterling 2024-04-01 2025-03-31 xbrli:shares iso4217:GBP xbrli:pure

Advanced Dynamics Holdings Limited Registered number: 11887331 Information for filing with the Registrar For the year ended 31 March 2025
|  | 11887331 31 March 2025
ADVANCED DYNAMICS HOLDINGS LIMITED REGISTERED NUMBER: 11887331 STATEMENT OF FINANCIAL POSITION AS AT 31 MARCH 2025
|  | 2025 |  | 2024
Note |  | £ |  | £
Fixed assets |  |  |  |  |
Investments | 4 |  | 1,500,200 |  | 1,500,200
|  |  | 1,500,200 |  | 1,500,200
Creditors: amounts falling due within one year | 5 | (1,454,074) |  | (1,494,074) |
Net current liabilities |  |  | (1,454,074) |  | (1,494,074)
Total assets less current liabilities |  |  | 46,126 |  | 6,126
Net assets |  |  | 46,126 |  | 6,126
Capital and reserves |  |  |  |  |
Called up share capital | 6 |  | 222 |  | 222
Share premium account | 7 |  | 37,651 |  | 37,651
Profit and loss account | 7 |  | 8,253 |  | (31,747)
|  |  | 46,126 |  | 6,126
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 19 March 2026.
T J Smith
Director
The notes on pages 2 to 6 form part of these financial statements. - 1 -
|  | 11887331 31 March 2025
ADVANCED DYNAMICS HOLDINGS LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025
1. | General information
Advanced Dynamics Holdings Limited is a private company, limited by shares and registered in England and Wales, registered number 11887331. The registered office is Unit 3, 606 Industrial Park, Staithgate Lane, Bradford, West Yorkshire, BD6 1YA. The principal activity of the Company is that of a holding 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 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. These financial statements have been presented in pound sterling which is the functional currency of the Company, and rounded to the nearest £. The following principal accounting policies have been applied:
| 2.2 | Going concern
These financial statements have been prepared on a going concern basis. The directors, having considered the financial position of the Company for a period of at least twelve months from the date of signing these financial statements, consider the use of the going concern basis of accounting to be appropriate.
| 2.3 | Valuation of investments
Investments in subsidiaries are measured at cost less accumulated impairment.
| 2.4 | 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.
| 2.5 | 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. Financial instruments are recognised in the Company's Statement of Financial Position when the Company becomes party to the contractual provisions of the instrument. Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously. - 2 -
|  | 11887331 31 March 2025
ADVANCED DYNAMICS HOLDINGS LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 2.Accounting policies (continued)
| 2.5 | Financial instruments (continued)
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. Impairment of financial assets At the end of each reporting period financial assets measured at amortised cost are assessed for objective evidence of impairment. If an asset is impaired the impairment loss is the difference between the carrying amount and the present value of the estimated cash flows discounted at the asset’s original effective interest rate. The impairment loss is recognised in profit or loss. Financial assets are impaired when events, subsequent to their initial recognition, indicate the estimated future cash flows derived from the financial asset(s) have been adversely impacted. The impairment loss will be the difference between the current carrying amount and the present value of the future cash flows at the asset(s) original effective interest rate. If there is a favourable change in relation to the events surrounding the impairment loss then the impairment can be reviewed for possible reversal. The reversal will not cause the current carrying amount to exceed the original carrying amount had the impairment not been recognised. The impairment reversal is recognised in the profit or loss. 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. - 3 -
|  | 11887331 31 March 2025
ADVANCED DYNAMICS HOLDINGS LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 2.Accounting policies (continued)
| 2.5 | Financial instruments (continued)
Trade creditors are obligations to pay for goods and services that have been acquired in the 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.
| 2.6 | 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 2 (2024 - 2).
4. | Fixed asset investments
|  | Investments in subsidiary companies
|  | £
| Cost and net book value |
| At 1 April 2024 | 1,500,200
| At 31 March 2025 | 1,500,200
- 4 -
|  | 11887331 31 March 2025
ADVANCED DYNAMICS HOLDINGS LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025
5. | Creditors: Amounts falling due within one year
|  |  |  |  | 2025 | 2024
|  |  |  |  | £ | £
| Amounts owed to group undertakings | 1,454,074 | 1,494,074
| Amounts owed to group undertakings are unsecured, interest free and repayable on demand.
6. | Share capital
|  |  |  |  | 2025 | 2024
|  |  |  |  | £ | £
|  | Allotted, called up and fully paid |  |
|  | 2,222 (2024 - 2,222) Ordinary shares shares of £0.10 each | 222 | 222
| The ordinary shares have full rights in the Company with respect to voting, dividends and distributions.
7. | Reserves
Share premium account Share premium represents the amount above the nominal value received for issue share capital, less transaction costs. Profit & loss account This reserve includes the cumulative profits or losses less dividends paid.
8. | Contingent liabilities
As at 31 March 2025, Advanced Dynamics Limited has outstanding bank loan balances which are secured by way of fixed and floating charges over the assets of the Company and the assets of other group companies as follows: Advanced Dynamics Group Limited and Advanced Dynamics Holdings Limited.
9. | Related party transactions
| The Company is a wholly owned subsidiary of the group headed by Advanced Dynamics Group Limited and as such has taken advantage of the exemption permitted by Section 33 'Related Party Disclosures' not to provide disclosures of transactions entered into with wholly owned subsidiaries within the group.
- 5 -
|  | 11887331 31 March 2025
ADVANCED DYNAMICS HOLDINGS LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025
10. | Controlling party
The immediate and ultimate parent company is Advanced Dynamics Group Limited, a company incorporated in England and Wales. The ultimate controlling party is T Smith and M Smith, by virtue of their majority shareholding.
- 6 -