Caseware UK (AP4) 2025.0.111 2025.0.111 2026-03-31 2026-03-31 2025-04-01 false true is of a project management company.43 43 false The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.false 08482170 2025-04-01 2026-03-31 08482170 2024-04-01 2025-03-31 08482170 2026-03-31 08482170 2025-03-31 08482170 c:Director6 2025-04-01 2026-03-31 08482170 d:Buildings d:LongLeaseholdAssets 2025-04-01 2026-03-31 08482170 d:Buildings d:LongLeaseholdAssets 2026-03-31 08482170 d:Buildings d:LongLeaseholdAssets 2025-03-31 08482170 d:FurnitureFittings 2025-04-01 2026-03-31 08482170 d:OfficeEquipment 2025-04-01 2026-03-31 08482170 d:OfficeEquipment 2026-03-31 08482170 d:OfficeEquipment 2025-03-31 08482170 d:OfficeEquipment d:OwnedOrFreeholdAssets 2025-04-01 2026-03-31 08482170 d:OwnedOrFreeholdAssets 2025-04-01 2026-03-31 08482170 d:Goodwill 2026-03-31 08482170 d:Goodwill 2025-03-31 08482170 d:CurrentFinancialInstruments 2026-03-31 08482170 d:CurrentFinancialInstruments 2025-03-31 08482170 d:Non-currentFinancialInstruments 2026-03-31 08482170 d:Non-currentFinancialInstruments 2025-03-31 08482170 d:CurrentFinancialInstruments d:WithinOneYear 2026-03-31 08482170 d:CurrentFinancialInstruments d:WithinOneYear 2025-03-31 08482170 d:Non-currentFinancialInstruments d:AfterOneYear 2026-03-31 08482170 d:Non-currentFinancialInstruments d:AfterOneYear 2025-03-31 08482170 d:ShareCapital 2026-03-31 08482170 d:ShareCapital 2025-03-31 08482170 d:SharePremium 2026-03-31 08482170 d:SharePremium 2025-03-31 08482170 d:CapitalRedemptionReserve 2026-03-31 08482170 d:CapitalRedemptionReserve 2025-03-31 08482170 d:RetainedEarningsAccumulatedLosses 2026-03-31 08482170 d:RetainedEarningsAccumulatedLosses 2025-03-31 08482170 c:FRS102 2025-04-01 2026-03-31 08482170 c:AuditExempt-NoAccountantsReport 2025-04-01 2026-03-31 08482170 c:FullAccounts 2025-04-01 2026-03-31 08482170 c:PrivateLimitedCompanyLtd 2025-04-01 2026-03-31 08482170 d:Goodwill d:ExternallyAcquiredIntangibleAssets 2025-04-01 2026-03-31 08482170 2 2025-04-01 2026-03-31 08482170 d:Goodwill d:OwnedIntangibleAssets 2025-04-01 2026-03-31 08482170 e:PoundSterling 2025-04-01 2026-03-31 iso4217:GBP xbrli:pure

Registered number: 08482170 BENTLEY PROJECT MANAGEMENT (UK) LIMITED UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2026
BENTLEY PROJECT MANAGEMENT (UK) LIMITED CONTENTS
| Page
Balance Sheet | 1 - 2
Notes to the Financial Statements | 3 - 10
BENTLEY PROJECT MANAGEMENT (UK) LIMITED REGISTERED NUMBER: 08482170 BALANCE SHEET AS AT 31 MARCH 2026
|  | 2026 |  | 2025
Note |  | £ |  | £
Fixed assets |  |  |  |  |
Intangible assets | 4 |  | 28,502 |  | 21,278
Tangible assets | 5 |  | 199,547 |  | 274,356
|  |  | 228,049 |  | 295,634
Current assets |  |  |  |  |
Debtors: amounts falling due within one year | 6 | 1,000,167 |  | 1,035,799 |
Cash at bank and in hand |  | 497,446 |  | 625,548 |
|  | 1,497,613 |  | 1,661,347 |
Creditors: amounts falling due within one year | 7 | (1,008,761) |  | (1,286,321) |
Net current assets |  |  | 488,852 |  | 375,026
Total assets less current liabilities |  |  | 716,901 |  | 670,660
Creditors: amounts falling due after more than one year | 8 |  | (98,568) |  | (172,604)
Provisions for liabilities |  |  |  |  |
Deferred tax |  | (9,318) |  | (7,373) |
|  |  | (9,318) |  | (7,373)
Net assets |  |  | 609,015 |  | 490,683
Capital and reserves |  |  |  |  |
Called up share capital |  |  | 88 |  | 88
Share premium account |  |  | 143,079 |  | 143,079
Capital redemption reserve |  |  | 29 |  | 29
Profit and loss account |  |  | 465,819 |  | 347,487
|  |  | 609,015 |  | 490,683
Page 1
BENTLEY PROJECT MANAGEMENT (UK) LIMITED REGISTERED NUMBER: 08482170 BALANCE SHEET (CONTINUED) AS AT 31 MARCH 2026 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 by:
................................................ Mr T R Mascari
Director
Date: 30 June 2026
The notes on pages 3 to 10 form part of these financial statements. Page 2
BENTLEY PROJECT MANAGEMENT (UK) LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2026
1. | General information
Bentley Project Management (UK) Limited is a private company, limited by shares, incorporated in England and Wales, registration number 08482170. The registered office is Discovery House, Mere Way, Ruddington Fields Business Park, Ruddington, Nottingham, NG11 6JW. During the year the Company's principal activity was the provision of management consultancy services. 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 Company's functional and presentational currency is British Pound Sterling (£). 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 | Interest income
Interest income is recognised in the Profit and Loss Account using the effective interest method.
| 2.4 | Finance costs
Finance costs are charged to the Profit and Loss Account 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
BENTLEY PROJECT MANAGEMENT (UK) LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2026 2.Accounting policies (continued)
| 2.5 | Operating leases: the Company as lessee
Rentals paid under operating leases are charged to the Profit and Loss Account on a straight-line basis over the lease term. Benefits received and receivable as an incentive to sign an operating lease are recognised on a straight-line basis over the lease term, unless another systematic basis is representative of the time pattern of the lessee's benefit from the use of the leased asset.
| 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 the Profit and Loss Account 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 | Intangible assets
Other 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.
| 2.8 | 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. Page 4
BENTLEY PROJECT MANAGEMENT (UK) LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2026 2.Accounting policies (continued)
| 2.8 | Tangible fixed assets (continued)
Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, using the straight-line method. Depreciation is provided on the following basis:
|  |  |  | Leasehold property improvements | - | 20% straight line per annum
|  |  |  | Computer equipment | - | 25% straight line per annum
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 Profit and Loss Account.
| 2.9 | Debtors
Short term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at transaction price, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.
| 2.10 | Cash and cash equivalents
Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice. 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.
| 2.11 | 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 non-puttable ordinary shares. Debt instruments (other than those wholly repayable or receivable within one year), including loans and other accounts receivable and payable, are initially measured at transaction price, net of transaction costs and subsequently at amortised cost using the effective interest method. 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. However, if the arrangements of a short-term instrument constitute a financing transaction, like the payment of a trade debt deferred beyond normal business terms or financed at a rate of interest that is not a market rate or in the case of an out-right short-term loan not at market rate, the financial asset or liability is measured, initially, at the present value of the future cash flow discounted at a market rate of interest for a similar debt instrument and subsequently at amortised cost. 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 loss is recognised in the Profit and Loss Account. Page 5
BENTLEY PROJECT MANAGEMENT (UK) LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2026 2.Accounting policies (continued)
| 2.11 | Financial instruments (continued)
For financial assets measured at amortised cost, the impairment loss is measured as the difference between an asset's carrying amount and the present value of estimated cash flows discounted at the asset's original effective interest rate. If a financial asset has a variable interest rate, the discount rate for measuring any impairment loss is the current effective interest rate determined under the contract. For financial assets measured at cost less impairment, the impairment loss is measured as the difference between an asset's carrying amount and best estimate of the recoverable amount, which is an approximation of the amount that the Company would receive for the asset if it were to be sold at the balance sheet date. Financial assets and liabilities are offset and the net amount reported in the Balance Sheet when there is an 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.
| 2.12 | Creditors
Short term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at transaction price, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.
| 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 Profit and Loss Account 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. 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 the Profit and Loss Account. Page 6
BENTLEY PROJECT MANAGEMENT (UK) LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2026 2.Accounting policies (continued)
| 2.14 | Current and deferred taxation
The tax expense for the year comprises current and deferred tax. Tax is recognised in the Profit and Loss Account 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.
| 2.15 | 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 43 (2025 - 43).
Page 7
BENTLEY PROJECT MANAGEMENT (UK) LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2026
4. | Intangible assets
|  | Branding
|  | £
| Cost |
| At 1 April 2025 | 29,690
| Additions | 14,359
| At 31 March 2026 | 44,049
| Amortisation |
| At 1 April 2025 | 8,412
| Charge for the year | 7,135
| At 31 March 2026 | 15,547
| Net book value |
| At 31 March 2026 | 28,502
| At 31 March 2025 | 21,278
Page 8
BENTLEY PROJECT MANAGEMENT (UK) LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2026
5. | Tangible fixed assets
|  | Leasehold property improvements | Computer equipment | Total
|  | £ | £ | £
| Cost or valuation |  |  |
| At 1 April 2025 | 364,693 | 102,175 | 466,868
| Additions | - | 14,990 | 14,990
| At 31 March 2026 | 364,693 | 117,165 | 481,858
| Depreciation |  |  |
| At 1 April 2025 | 126,738 | 65,774 | 192,512
| Charge for the year | 72,939 | 16,860 | 89,799
| At 31 March 2026 | 199,677 | 82,634 | 282,311
| Net book value |  |  |
| At 31 March 2026 | 165,016 | 34,531 | 199,547
| At 31 March 2025 | 237,955 | 36,401 | 274,356
6. | Debtors
|  |  |  |  | 2026 | 2025
|  |  |  |  | £ | £
| Trade debtors | 788,698 | 889,843
| Other debtors | 5,608 | 5,143
| Prepayments and accrued income | 205,861 | 140,813
|  | 1,000,167 | 1,035,799
Page 9
BENTLEY PROJECT MANAGEMENT (UK) LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2026
7. | Creditors: Amounts falling due within one year
|  |  |  |  | 2026 | 2025
|  |  |  |  | £ | £
| Trade creditors | 164,704 | 78,811
| Corporation tax | 212,741 | 574,295
| Other taxation and social security | 400,937 | 394,418
| Obligations under finance lease and hire purchase contracts | 74,036 | 65,555
| Other creditors | 109,452 | 9,356
| Accruals and deferred income | 46,891 | 163,886
|  | 1,008,761 | 1,286,321
8. | Creditors: Amounts falling due after more than one year
|  |  |  |  | 2026 | 2025
|  |  |  |  | £ | £
| Net obligations under finance leases and hire purchase contracts | 98,568 | 172,604
|  | 98,568 | 172,604
9. | Operating lease commitments
At the year end, the Company had total future financial commitments of £307,719 (2024 - £414,383).
Page 10