Caseware UK (AP4) 2025.0.111 2025.0.111 2025-03-31 2025-03-31 2026-05-13 true 15 2024-04-01 false No description of principal activity 14 true The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.false 10700422 2024-04-01 2025-03-31 10700422 2023-04-01 2024-03-31 10700422 2025-03-31 10700422 2024-03-31 10700422 c:Director1 2024-04-01 2025-03-31 10700422 d:Buildings d:LongLeaseholdAssets 2024-04-01 2025-03-31 10700422 d:Buildings d:LongLeaseholdAssets 2025-03-31 10700422 d:Buildings d:LongLeaseholdAssets 2024-03-31 10700422 d:PlantMachinery 2024-04-01 2025-03-31 10700422 d:PlantMachinery 2025-03-31 10700422 d:PlantMachinery 2024-03-31 10700422 d:PlantMachinery d:OwnedOrFreeholdAssets 2024-04-01 2025-03-31 10700422 d:FurnitureFittings 2024-04-01 2025-03-31 10700422 d:FurnitureFittings 2025-03-31 10700422 d:FurnitureFittings 2024-03-31 10700422 d:FurnitureFittings d:OwnedOrFreeholdAssets 2024-04-01 2025-03-31 10700422 d:OfficeEquipment 2024-04-01 2025-03-31 10700422 d:OfficeEquipment 2025-03-31 10700422 d:OfficeEquipment 2024-03-31 10700422 d:OfficeEquipment d:OwnedOrFreeholdAssets 2024-04-01 2025-03-31 10700422 d:OtherPropertyPlantEquipment 2024-04-01 2025-03-31 10700422 d:OtherPropertyPlantEquipment 2025-03-31 10700422 d:OtherPropertyPlantEquipment 2024-03-31 10700422 d:OtherPropertyPlantEquipment d:OwnedOrFreeholdAssets 2024-04-01 2025-03-31 10700422 d:OwnedOrFreeholdAssets 2024-04-01 2025-03-31 10700422 d:PatentsTrademarksLicencesConcessionsSimilar 2025-03-31 10700422 d:PatentsTrademarksLicencesConcessionsSimilar 2024-03-31 10700422 d:CurrentFinancialInstruments 2025-03-31 10700422 d:CurrentFinancialInstruments 2024-03-31 10700422 d:Non-currentFinancialInstruments 2025-03-31 10700422 d:Non-currentFinancialInstruments 2024-03-31 10700422 d:CurrentFinancialInstruments d:WithinOneYear 2025-03-31 10700422 d:CurrentFinancialInstruments d:WithinOneYear 2024-03-31 10700422 d:Non-currentFinancialInstruments d:AfterOneYear 2025-03-31 10700422 d:Non-currentFinancialInstruments d:AfterOneYear 2024-03-31 10700422 d:Non-currentFinancialInstruments d:BetweenOneTwoYears 2025-03-31 10700422 d:Non-currentFinancialInstruments d:BetweenOneTwoYears 2024-03-31 10700422 d:Non-currentFinancialInstruments d:BetweenTwoFiveYears 2025-03-31 10700422 d:Non-currentFinancialInstruments d:BetweenTwoFiveYears 2024-03-31 10700422 d:ShareCapital 2025-03-31 10700422 d:ShareCapital 2024-03-31 10700422 d:SharePremium 2025-03-31 10700422 d:SharePremium 2024-03-31 10700422 d:RetainedEarningsAccumulatedLosses 2025-03-31 10700422 d:RetainedEarningsAccumulatedLosses 2024-03-31 10700422 d:AcceleratedTaxDepreciationDeferredTax 2025-03-31 10700422 d:AcceleratedTaxDepreciationDeferredTax 2024-03-31 10700422 c:FRS102 2024-04-01 2025-03-31 10700422 c:AuditExempt-NoAccountantsReport 2024-04-01 2025-03-31 10700422 c:FullAccounts 2024-04-01 2025-03-31 10700422 c:PrivateLimitedCompanyLtd 2024-04-01 2025-03-31 10700422 d:HirePurchaseContracts d:WithinOneYear 2025-03-31 10700422 d:HirePurchaseContracts d:WithinOneYear 2024-03-31 10700422 d:HirePurchaseContracts d:BetweenOneFiveYears 2025-03-31 10700422 d:HirePurchaseContracts d:BetweenOneFiveYears 2024-03-31 10700422 1 2024-04-01 2025-03-31 10700422 6 2024-04-01 2025-03-31 10700422 d:PatentsTrademarksLicencesConcessionsSimilar d:OwnedIntangibleAssets 2024-04-01 2025-03-31 10700422 e:PoundSterling 2024-04-01 2025-03-31 iso4217:GBP xbrli:pure

Registered number: 10700422 ABS MEDIA LIMITED UNAUDITED FINANCIAL STATEMENTS INFORMATION FOR FILING WITH THE REGISTRAR FOR THE YEAR ENDED 31 MARCH 2025
ABS MEDIA LIMITED REGISTERED NUMBER: 10700422 BALANCE SHEET AS AT 31 MARCH 2025
|  | 2025 |  | 2024
Note |  | £ |  | £
Fixed assets |  |  |  |  |
Intangible assets | 4 |  | - |  | 73
Tangible assets | 5 |  | 1,479,778 |  | 1,835,904
Investments | 6 |  | 102 |  | 102
|  |  | 1,479,880 |  | 1,836,079
Current assets |  |  |  |  |
Debtors: amounts falling due within one year | 7 | 1,756,622 |  | 1,629,521 |
Cash at bank and in hand | 8 | 3,748 |  | 68,666 |
|  | 1,760,370 |  | 1,698,187 |
Creditors: amounts falling due within one year | 9 | (496,899) |  | (401,650) |
Net current assets |  |  | 1,263,471 |  | 1,296,537
Total assets less current liabilities |  |  | 2,743,351 |  | 3,132,616
Creditors: amounts falling due after more than one year | 10 |  | (29,502) |  | (387,824)
Provisions for liabilities |  |  |  |  |
Deferred tax |  | (325,927) |  | (367,474) |
|  |  | (325,927) |  | (367,474)
Net assets |  |  | 2,387,922 |  | 2,377,318
Capital and reserves |  |  |  |  |
Called up share capital |  |  | 5 |  | 5
Share premium account |  |  | 6,002,573 |  | 5,141,626
Profit and loss account |  |  | (3,614,656) |  | (2,764,313)
|  |  | 2,387,922 |  | 2,377,318
Page 1
ABS MEDIA LIMITED REGISTERED NUMBER: 10700422 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 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:
A Hamzianpour
Director
Date: 13 May 2026
Page 2
ABS MEDIA LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025
1. | General information
ABS Media Limited is a private company limited by shares incorporated in England and Wales (registration number: 10700422). The registered office is 86-90 Paul Street, London, EC2A 4NE. 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 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 | Going concern
In assessing the ability of the company to operate as a going concern, management have evaluated current and forecasted operational results, and the solvency of the company. As a result, the directors consider it appropriate to prepare the financial statements on a going concern basis.
| 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 | Leased assets: the Company as lessee
Assets obtained under hire purchase contracts and finance leases are capitalised as tangible fixed assets. Assets acquired by finance lease are depreciated over the shorter of the lease term and their useful lives. Assets acquired by hire purchase are depreciated over their useful lives. Finance leases are those where substantially all of the benefits and risks of ownership are assumed by the company. Obligations under such agreements are included in creditors net of the finance charge allocated to future periods. The finance element of the rental payment is charged to profit or loss so as to produce a constant periodic rate of charge on the net obligation outstanding in each period. Page 3
ABS MEDIA LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 2.Accounting policies (continued)
| 2.5 | Sale and leaseback
Where a sale and leaseback transaction results in a finance lease, no gain is immediately recognised for any excess of sales proceeds over the carrying amount of the asset. Instead, the proceeds are presented as a liability and subsequently measured at amortised cost using the effective interest method. When a sale and leaseback transaction results in an operating lease, and it is clear that the transition is established at fair value any profit or loss is recognised immediately. If the sale price is below fair value, any profit or loss is recognised immediately unless the loss is compensated for by the future lease payments at below market price. In that case any such loss is amortised in proportion to the lease payments over the period for which the asset is expected to be used. If the sale price is above fair value, the excess over fair value is amortised over the period for which the asset is expected to be used.
| 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 | Borrowing costs
All borrowing costs are recognised in profit or loss in the year in which they are incurred.
| 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 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. Page 4
ABS MEDIA LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 2.Accounting policies (continued)
| 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. Page 5
ABS MEDIA LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 2.Accounting policies (continued)
| 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. At each reporting date the Company assesses whether there is any indication of impairment. If such indication exists, the recoverable amount of the asset is determined which is the higher of its fair value less costs to sell and its value in use. An impairment loss is recognised where the carrying amount exceeds the recoverable amount. Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, using both the straight-line and reducing balance methods. Depreciation is provided on the following basis:
|  |  |  | Long-term leasehold property | - | Straight line over the term of the lease
|  |  |  | Plant and machinery | - | 20% on reducing balance
|  |  |  | Fixtures and fittings | - | 20% on reducing balance
|  |  |  | Office equipment | - | 20% on reducing balance
|  |  |  | Other fixed assets | - | Straight line over 5 years
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 | Valuation of investments
Investments in subsidiaries are measured at cost less accumulated impairment.
| 2.12 | 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.
| 2.13 | 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.
| 2.14 | 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. Page 6
ABS MEDIA 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 15 (2024 - 14).
4. | Intangible assets
|  | Patents
|  | £
| Cost |
| At 1 April 2024 | 400
| At 31 March 2025 | 400
| Amortisation |
| At 1 April 2024 | 327
| Charge for the year | 73
| At 31 March 2025 | 400
| Net book value |
| At 31 March 2025 | -
| At 31 March 2024 | 73
Page 7
ABS MEDIA LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025
5. | Tangible fixed assets
|  | Long-term leasehold property | Plant and machinery | Fixtures and fittings | Office equipment | Other fixed assets
|  | £ | £ | £ | £ | £
| Cost or valuation |  |  |  |  |
| At 1 April 2024 | 2,143,606 | 127,206 | 229,128 | 18,818 | 186,912
| Additions | - | - | 6,697 | 791 | 313
| Disposals | - | - | - | - | (186,912)
| At 31 March 2025 | 2,143,606 | 127,206 | 235,825 | 19,609 | 313
| Depreciation |  |  |  |  |
| At 1 April 2024 | 672,856 | 70,670 | 104,854 | 8,926 | 12,461
| Charge for the year | 150,349 | 11,307 | 25,807 | 2,012 | -
| Disposals | - | - | - | - | (12,461)
| At 31 March 2025 | 823,205 | 81,977 | 130,661 | 10,938 | -
| Net book value |  |  |  |  |
| At 31 March 2025 | 1,320,401 | 45,229 | 105,164 | 8,671 | 313
| At 31 March 2024 | 1,470,750 | 56,537 | 124,274 | 9,892 | 174,451
Page 8
ABS MEDIA LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 5.Tangible fixed assets (continued)
|  | Total
|  | £
| Cost or valuation |
| At 1 April 2024 | 2,705,670
| Additions | 7,801
| Disposals | (186,912)
| At 31 March 2025 | 2,526,559
| Depreciation |
| At 1 April 2024 | 869,767
| Charge for the year | 189,475
| Disposals | (12,461)
| At 31 March 2025 | 1,046,781
| Net book value |
| At 31 March 2025 | 1,479,778
| At 31 March 2024 | 1,835,904
6. | Fixed asset investments
|  | Investments in subsidiary companies
|  | £
| Cost or valuation |
| At 1 April 2024 | 102
| At 31 March 2025 | 102
Page 9
ABS MEDIA LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025
7. | Debtors
|  |  |  |  | 2025 | 2024
|  |  |  |  | £ | £
| Trade debtors | 785 | 40,815
| Amounts owed by group undertakings | 1,608,066 | 1,527,440
| Other debtors | 118,424 | 55,825
| Prepayments and accrued income | 29,347 | 5,441
|  | 1,756,622 | 1,629,521
8. | Cash and cash equivalents
|  |  |  |  | 2025 | 2024
|  |  |  |  | £ | £
| Cash at bank and in hand | 3,748 | 68,666
| Less: bank overdrafts | (4,176) | -
|  | (428) | 68,666
9. | Creditors: Amounts falling due within one year
|  |  |  |  | 2025 | 2024
|  |  |  |  | £ | £
| Bank overdrafts | 4,176 | -
| Bank loans | 91,119 | -
| Trade creditors | 137,614 | 81,473
| Amounts owed to group undertakings | - | 1
| Other taxation and social security | 37,272 | 70,557
| Obligations under finance lease and hire purchase contracts | 6,459 | -
| Other creditors | 78,057 | 72,367
| Accruals and deferred income | 142,202 | 177,252
|  | 496,899 | 401,650
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ABS MEDIA LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025
10. | Creditors: Amounts falling due after more than one year
|  |  |  |  | 2025 | 2024
|  |  |  |  | £ | £
| Bank loans | 28,325 | 197,126
| Other loans | - | 176,703
| Net obligations under finance leases and hire purchase contracts | 1,177 | 13,995
|  | 29,502 | 387,824
11. | Loans
| Analysis of the maturity of loans is given below:
|  |  |  |  | 2025 | 2024
|  |  |  |  | £ | £
| Amounts falling due within one year |  |
| Bank loans | 91,119 | -
|  | 91,119 | -
| Amounts falling due 1-2 years |  |
| Bank loans | 11,422 | 171,955
|  | 11,422 | 171,955
| Amounts falling due 2-5 years |  |
| Bank loans | 16,903 | 25,171
| Other loans | - | 176,703
|  | 16,903 | 201,874
|  | 119,444 | 373,829
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ABS MEDIA LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025
12. | Hire purchase and finance leases
| Minimum lease payments under hire purchase fall due as follows:
|  |  |  |  | 2025 | 2024
|  |  |  |  | £ | £
| Within one year | 6,459 | 38,823
| Between 1-5 years | 1,176 | 151,875
|  | 7,635 | 190,698
13. | Deferred taxation
|  | 2025
|  | £
| At beginning of year | (367,474)
| Utilised in year | 41,547
| At end of year | (325,927)
| The provision for deferred taxation is made up as follows:
|  |  |  |  | 2025 | 2024
|  |  |  |  | £ | £
| Accelerated capital allowances | (325,927) | (367,474)
|  | (325,927) | (367,474)
14. | Related party transactions
| The Company has taken advantage of the exemption contained in Section 33 of FRS 102 "Related Party Disclosures" from disclosing transactions with entities which are part of the same group.
Page 12