Caseware UK (AP4) 2025.0.111 2025.0.111 2025-10-31 2025-10-31 true 2024-11-01 false 3 3 true The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.false 09286159 2024-11-01 2025-10-31 09286159 2023-11-01 2024-10-31 09286159 2025-10-31 09286159 2024-10-31 09286159 c:Director2 2024-11-01 2025-10-31 09286159 d:ComputerSoftware 2025-10-31 09286159 d:ComputerSoftware 2024-10-31 09286159 d:CurrentFinancialInstruments 2025-10-31 09286159 d:CurrentFinancialInstruments 2024-10-31 09286159 d:CurrentFinancialInstruments d:WithinOneYear 2025-10-31 09286159 d:CurrentFinancialInstruments d:WithinOneYear 2024-10-31 09286159 d:ShareCapital 2025-10-31 09286159 d:ShareCapital 2024-10-31 09286159 d:RetainedEarningsAccumulatedLosses 2025-10-31 09286159 d:RetainedEarningsAccumulatedLosses 2024-10-31 09286159 d:AcceleratedTaxDepreciationDeferredTax 2025-10-31 09286159 d:AcceleratedTaxDepreciationDeferredTax 2024-10-31 09286159 c:OrdinaryShareClass1 2024-11-01 2025-10-31 09286159 c:OrdinaryShareClass1 2025-10-31 09286159 c:OrdinaryShareClass1 2024-10-31 09286159 c:FRS102 2024-11-01 2025-10-31 09286159 c:AuditExempt-NoAccountantsReport 2024-11-01 2025-10-31 09286159 c:FullAccounts 2024-11-01 2025-10-31 09286159 c:PrivateLimitedCompanyLtd 2024-11-01 2025-10-31 09286159 d:ComputerSoftware d:OwnedIntangibleAssets 2024-11-01 2025-10-31 09286159 e:PoundSterling 2024-11-01 2025-10-31 xbrli:shares iso4217:GBP xbrli:pure

Registered number: 09286159 GLOBAL SANCTIONS LIMITED (FORMERLY EUROPEAN SANCTIONS LTD) UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 OCTOBER 2025
GLOBAL SANCTIONS LIMITED (FORMERLY EUROPEAN SANCTIONS LTD)
CONTENTS
| Page
Balance sheet | 1 - 2
Notes to the financial statements | 3 - 7
GLOBAL SANCTIONS LIMITED (FORMERLY EUROPEAN SANCTIONS LTD) REGISTERED NUMBER:09286159
BALANCE SHEET AS AT 31 OCTOBER 2025
|  | 2025 |  | 2024
Note |  | £ |  | £
Fixed assets |  |  |  |  |
Intangible assets | 4 |  | 8,933 |  | 9,990
|  |  | 8,933 |  | 9,990
Current assets |  |  |  |  |
Debtors: amounts falling due within one year | 5 | 19,792 |  | 6,456 |
Cash at bank and in hand | 6 | 182,003 |  | 78,720 |
|  | 201,795 |  | 85,176 |
Creditors: amounts falling due within one year | 7 | (150,770) |  | (89,695) |
Net current assets/(liabilities) |  |  | 51,025 |  | (4,519)
Total assets less current liabilities |  |  | 59,958 |  | 5,471
Provisions for liabilities |  |  |  |  |
Deferred tax | 8 | (2,233) |  | (2,498) |
|  |  | (2,233) |  | (2,498)
Net assets |  |  | 57,725 |  | 2,973
Capital and reserves |  |  |  |  |
Called up share capital | 9 |  | 2 |  | 2
Profit and loss account |  |  | 57,723 |  | 2,971
|  |  | 57,725 |  | 2,973
1
GLOBAL SANCTIONS LIMITED (FORMERLY EUROPEAN SANCTIONS LTD) REGISTERED NUMBER:09286159
BALANCE SHEET (CONTINUED) AS AT 31 OCTOBER 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 15 April 2026.
Michael O'Kane
Director
The notes on pages 3 to 7 form part of these financial statements. 2
GLOBAL SANCTIONS LIMITED (FORMERLY EUROPEAN SANCTIONS LTD)
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 OCTOBER 2025
1. | General information
Global Sanctions Limited is a private company, limited by shares and is registered in England and Wales, registration number 09286159. The address of its registered office is Elsley Court, 20-22 Great Titchfield Street, London, W1W 8BE. The principal activity of the business continued to be to provide information on global sanctions to professional firms. 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 | 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. 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 profit and loss account within 'finance income or costs'. All other foreign exchange gains and losses are presented in profit or loss within 'other operating income'.
| 2.3 | Revenue
Turnover is measured at fair value of the consideration receivable by the company in respect of annual subscriptions, net of Value Added Tax. The subscription income is apportioned to the year they relate to. 3
GLOBAL SANCTIONS LIMITED (FORMERLY EUROPEAN SANCTIONS LTD)
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 OCTOBER 2025 2.Accounting policies (continued)
| 2.4 | 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.
| 2.5 | 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.
| 2.6 | 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.
| 2.7 | Debtors
Short-term debtors are measured at transaction price, less any impairment.
| 2.8 | Cash
Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. 4
GLOBAL SANCTIONS LIMITED (FORMERLY EUROPEAN SANCTIONS LTD)
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 OCTOBER 2025 2.Accounting policies (continued)
| 2.9 | Creditors
Short-term creditors are measured at the transaction price.
| 2.10 | 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.
| 2.11 | 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.
3. | Employees
The average monthly number of employees, including directors, during the year was 3 (2024 - 3).
4. | Intangible assets
|  | Website development
|  | £
| Cost |
| At 1 November 2024 | 10,566
| At 31 October 2025 | 10,566
| Amortisation |
| At 1 November 2024 | 576
| Charge for the year | 1,057
| At 31 October 2025 | 1,633
| Net book value |
| At 31 October 2025 | 8,933
| At 31 October 2024 | 9,990
5
GLOBAL SANCTIONS LIMITED (FORMERLY EUROPEAN SANCTIONS LTD)
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 OCTOBER 2025
5. | Debtors
|  |  |  |  | 2025 | 2024
|  |  |  |  | £ | £
| Trade debtors | 14,614 | 3,163
| Other debtors | 2,975 | 2,289
| Prepayments | 2,203 | 1,004
|  | 19,792 | 6,456
6. | Cash
|  |  |  |  | 2025 | 2024
|  |  |  |  | £ | £
| Cash at bank and in hand | 182,003 | 78,720
|  | 182,003 | 78,720
7. | Creditors: Amounts falling due within one year
|  |  |  |  | 2025 | 2024
|  |  |  |  | £ | £
| Trade creditors | - | 2,449
| Corporation tax | 13,411 | -
| Other taxation and social security | 2,436 | 829
| Other creditors | 10,083 | 10,245
| Accruals and deferred income | 124,840 | 76,172
|  | 150,770 | 89,695
6
GLOBAL SANCTIONS LIMITED (FORMERLY EUROPEAN SANCTIONS LTD)
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 OCTOBER 2025
8. | Deferred taxation
|  | 2025
|  | £
| At beginning of year | (2,498)
| Charged to profit or loss | 265
| At end of year | (2,233)
| The provision for deferred taxation is made up as follows:
|  |  |  |  | 2025 | 2024
|  |  |  |  | £ | £
| Accelerated capital allowances | 2,233 | 2,498
|  | 2,233 | 2,498
9. | Share capital
|  |  |  |  | 2025 | 2024
|  |  |  |  | £ | £
|  | Allotted and called up |  |
|  | 2 (2024 - 2) Ordinary shares of £1.00 each | 2 | 2
| The Ordinary shares have full voting, dividend and capital distribution rights, including on winding up.
10. | 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 £2,726 (2024 - £1,812) . Contributions totalling £Nil (2024 - £247) were payable to the fund at the balance sheet date and are included in creditors.
11. | Related party transactions
| At the year end, the company owed the directors £10,068 (2024 - £9,998). These loans are included in other creditors and are interest free and repayable on demand.
7