Caseware UK (AP4) 2025.0.111 2025.0.111 2025-12-31 2025-12-31 false true 2025-01-01 No description of principal activity 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 11094272 2025-01-01 2025-12-31 11094272 2024-01-01 2024-12-31 11094272 2025-12-31 11094272 2024-12-31 11094272 c:Director1 2025-01-01 2025-12-31 11094272 d:MotorVehicles 2025-01-01 2025-12-31 11094272 d:MotorVehicles 2025-12-31 11094272 d:MotorVehicles 2024-12-31 11094272 d:MotorVehicles d:OwnedOrFreeholdAssets 2025-01-01 2025-12-31 11094272 d:OfficeEquipment 2025-01-01 2025-12-31 11094272 d:OfficeEquipment 2025-12-31 11094272 d:OfficeEquipment 2024-12-31 11094272 d:OfficeEquipment d:OwnedOrFreeholdAssets 2025-01-01 2025-12-31 11094272 d:OwnedOrFreeholdAssets 2025-01-01 2025-12-31 11094272 d:CurrentFinancialInstruments 2025-12-31 11094272 d:CurrentFinancialInstruments 2024-12-31 11094272 d:CurrentFinancialInstruments d:WithinOneYear 2025-12-31 11094272 d:CurrentFinancialInstruments d:WithinOneYear 2024-12-31 11094272 d:ShareCapital 2025-12-31 11094272 d:ShareCapital 2024-12-31 11094272 d:SharePremium 2025-12-31 11094272 d:SharePremium 2024-12-31 11094272 d:RetainedEarningsAccumulatedLosses 2025-12-31 11094272 d:RetainedEarningsAccumulatedLosses 2024-12-31 11094272 d:AcceleratedTaxDepreciationDeferredTax 2025-12-31 11094272 d:AcceleratedTaxDepreciationDeferredTax 2024-12-31 11094272 c:OrdinaryShareClass1 2025-01-01 2025-12-31 11094272 c:OrdinaryShareClass1 2025-12-31 11094272 c:OrdinaryShareClass1 2024-12-31 11094272 c:OrdinaryShareClass2 2025-01-01 2025-12-31 11094272 c:OrdinaryShareClass2 2025-12-31 11094272 c:OrdinaryShareClass2 2024-12-31 11094272 c:FRS102 2025-01-01 2025-12-31 11094272 c:AuditExempt-NoAccountantsReport 2025-01-01 2025-12-31 11094272 c:FullAccounts 2025-01-01 2025-12-31 11094272 c:PrivateLimitedCompanyLtd 2025-01-01 2025-12-31 11094272 2 2025-01-01 2025-12-31 11094272 6 2025-01-01 2025-12-31 11094272 e:PoundSterling 2025-01-01 2025-12-31 xbrli:shares iso4217:GBP xbrli:pure

Registered number: 11094272 DRAGONCREST LIMITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2025
DRAGONCREST LIMITED
CONTENTS
| Page
Balance Sheet | 1 - 2
Notes to the Financial Statements | 3 - 9
DRAGONCREST LIMITED REGISTERED NUMBER:11094272
BALANCE SHEET AS AT 31 DECEMBER 2025
|  | 2025 |  | 2024
Note |  | £ |  | £
Fixed assets |  |  |  |  |
Tangible assets | 4 |  | 26,449 |  | 33,151
Investments | 5 |  | 2,041,173 |  | 2,041,173
|  |  | 2,067,622 |  | 2,074,324
Current assets |  |  |  |  |
Debtors | 6 | 2,848,627 |  | 3,058,865 |
Current asset investments | 7 | 1,480,916 |  | 1,260,917 |
Cash at bank and in hand |  | 534,126 |  | 262,967 |
|  | 4,863,669 |  | 4,582,749 |
Creditors: amounts falling due within one year | 8 | (1,531,033) |  | (1,593,741) |
Net current assets |  |  | 3,332,636 |  | 2,989,008
Total assets less current liabilities |  |  | 5,400,258 |  | 5,063,332
Provisions for liabilities |  |  |  |  |
Deferred tax | 9 |  | (6,612) |  | (8,288)
Net assets |  |  | 5,393,646 |  | 5,055,044
Capital and reserves |  |  |  |  |
Allotted, called up and fully paid share capital | 10 |  | 66,400 |  | 66,400
Share premium account |  |  | 1,628,640 |  | 1,628,640
Profit and loss account |  |  | 3,698,606 |  | 3,360,004
Total shareholder's equity |  |  | 5,393,646 |  | 5,055,044
Page 1
DRAGONCREST LIMITED REGISTERED NUMBER:11094272
BALANCE SHEET (CONTINUED) AS AT 31 DECEMBER 2025 The director considers 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 director acknowledges his 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 Director's Report and the Statement of Income and Retained Earnings in accordance with provisions applicable to companies subject to the small companies regime, under section 444 of the Companies Act 2006. The financial statements were approved and authorised for issue by the board and were signed on its behalf on 1 June 2026.
C A Michelin
Director
The notes on pages 3 to 9 form part of these financial statements. Page 2
DRAGONCREST LIMITED
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2025
1. | General information
Dragoncrest Limited (company number: 11094272), having its registered at Crockmore House, Fawley, Henley On Thames, Oxfordshire, RG9 6HY, is a private limited company incorporated in England and Wales. 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 financial statements are prepared in GBP sterling, which is the functional currency of the Company. Monetary amounts in these financial statements are rounded to the nearest £ (GBP). The following principal accounting policies have been applied:
| 2.2 | Statement of Cash Flows
The Company has taken advantage of the exemption in Financial Reporting Standard 102, Section 1A.7 from the requirement to produce a Statement of Cash Flows on the grounds that it is a small company.
| 2.3 | Turnover
Turnover is recognised to the extent that it is probable that the economic benefits will flow to the Company and the turnover 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. The following criteria must also be met before turnover is recognised: Rendering of services Turnover 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 turnover 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 | Interest income
Interest income is recognised in the Statement of Income and Retained Earnings using the effective interest method.
| 2.5 | Finance costs
Finance costs are charged to the Statement of Income and Retained Earnings 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. Page 3
DRAGONCREST LIMITED
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2025 2.Accounting policies (continued)
| 2.6 | 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.
| 2.7 | Current and deferred taxation
The tax expense for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings. The current corporation 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. Page 4
DRAGONCREST LIMITED
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2025 2.Accounting policies (continued)
| 2.8 | 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, on a reducing balance basis. Depreciation is provided on the following basis:
|  |  |  | Motor vehicles | - | 20% | on reducing balance
|  |  |  | Office equipment | - | 25% | on 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 the Statement of Income and Retained Earnings.
| 2.9 | Valuation of investments
Investments in associates 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 Balance Sheet date. Gains and losses on remeasurement are recognised in the Statement of Income and Retained Earnings for the period. Where market value cannot be reliably determined, such investments are stated at historic cost less impairment.
| 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. Page 5
DRAGONCREST LIMITED
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2025 2.Accounting policies (continued)
| 2.13 | Provisions for liabilities
Provisions are made where an event has taken place that gives the Company a legal or constructive obligation that probably requires settlement by a transfer of economic benefit, and a reliable estimate can be made of the amount of the obligation. Provisions are charged as an expense to the Statement of Income and Retained Earnings in the year that the Company becomes aware of the obligation, and are measured at the best estimate at the balance sheet date of the expenditure required to settle the obligation, taking into account relevant risks and uncertainties. When payments are eventually made, they are charged to the provision carried in the Balance Sheet.
| 2.14 | 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. Debt instruments that are payable or receivable within one year, typically trade debtors and creditors, are measured, initially and subsequently, at the undiscounted amount of the cash or other consideration expected to be paid or received. Financial assets that are measured at cost and amortised cost are assessed at the end of each reporting period for objective evidence of impairment. If objective evidence of impairment is found, an impairment lossis recognised in the Statement of Income and Retained Earnings.
3. | Employees
| The average monthly number of employees, including directors, during the year was 3 (2024 - 3).
Page 6
DRAGONCREST LIMITED
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2025
4. | Tangible fixed assets
|  | Motor vehicles | Office equipment | Total
|  | £ | £ | £
| Cost |  |  |
| At 1 January 2025 and 31 December 2025 | 56,080 | 2,599 | 58,679
| Depreciation |  |  |
| At 1 January 2025 | 24,376 | 1,152 | 25,528
| Charge for the year | 6,341 | 361 | 6,702
| At 31 December 2025 | 30,717 | 1,513 | 32,230
| Net book value |  |  |
| At 31 December 2025 | 25,363 | 1,086 | 26,449
| At 31 December 2024 | 31,704 | 1,447 | 33,151
5. | Fixed asset investments
|  | Unlisted investments
|  | £
| Cost |
| At 1 January 2025 and 31 December 2025 | 2,041,173
Page 7
DRAGONCREST LIMITED
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2025
6. | Debtors
|  |  |  |  | 2025 | 2024
|  |  |  |  | £ | £
| Due within one year |  |
| Trade debtors | 15,975 | 29,773
| Other debtors | 2,508,002 | 2,730,132
| Prepayments and accrued income | 324,650 | 298,960
|  | 2,848,627 | 3,058,865
7. | Current asset investments
|  |  |  |  | 2025 | 2024
|  |  |  |  | £ | £
| Unlisted investments | 1,480,916 | 1,260,917
8. | Creditors: Amounts falling due within one year
|  |  |  |  | 2025 | 2024
|  |  |  |  | £ | £
| Trade creditors | 312,090 | 1,646
| Corporation tax | 74,050 | 275,396
| Other taxation and social security | 5,035 | 10,098
| Other creditors | 1,133,671 | 1,301,427
| Accruals | 6,187 | 5,174
|  | 1,531,033 | 1,593,741
Page 8
DRAGONCREST LIMITED
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2025
9. | Deferred taxation
|  | 2025
|  | £
| At beginning of year | (8,288)
| Utilised in year | 1,676
| At end of year | (6,612)
| The provision for deferred taxation is made up as follows:
|  |  |  |  | 2025 | 2024
|  |  |  |  | £ | £
| Accelerated capital allowances | (6,612) | (8,288)
10. | Share capital
|  |  |  |  | 2025 | 2024
|  |  |  |  | £ | £
|  | Allotted, called up and fully paid |  |
|  | 56,400 (2024 - 56,400) A Ordinary shares of £1.00 each | 56,400 | 56,400
|  | 10,000 (2024 - 10,000) B Ordinary shares of £1.00 each | 10,000 | 10,000
|  |  | 66,400 | 66,400
11.Other financial commitments As at 31 December 2025, the Company held an investment in an associate of £357,500 (2024: £357,500). The Company granted a fixed charge over its investment in this associate and its entitlement to future distributions from the associate, as security for a bank loan obtained by the associate.
12. | Related party transactions
| Included within other creditors as at the 31 December 2025 was £1,079,001 (2024: £1,250,668) due to the Director of the company.
Page 9