Caseware UK (AP4) 2024.0.164 2024.0.164 2025-10-31 2025-10-31 false true 2024-11-01 false No description of principal activity 22 22 true The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. 11010095 2024-11-01 2025-10-31 11010095 2023-11-01 2024-10-31 11010095 2025-10-31 11010095 2024-10-31 11010095 c:Director1 2024-11-01 2025-10-31 11010095 c:Director2 2024-11-01 2025-10-31 11010095 d:Buildings 2024-11-01 2025-10-31 11010095 d:Buildings 2025-10-31 11010095 d:Buildings 2024-10-31 11010095 d:Buildings d:OwnedOrFreeholdAssets 2024-11-01 2025-10-31 11010095 d:FurnitureFittings 2024-11-01 2025-10-31 11010095 d:FurnitureFittings 2025-10-31 11010095 d:FurnitureFittings 2024-10-31 11010095 d:FurnitureFittings d:OwnedOrFreeholdAssets 2024-11-01 2025-10-31 11010095 d:OwnedOrFreeholdAssets 2024-11-01 2025-10-31 11010095 d:Goodwill 2024-11-01 2025-10-31 11010095 d:Goodwill 2025-10-31 11010095 d:Goodwill 2024-10-31 11010095 d:CurrentFinancialInstruments 2025-10-31 11010095 d:CurrentFinancialInstruments 2024-10-31 11010095 d:Non-currentFinancialInstruments 2025-10-31 11010095 d:Non-currentFinancialInstruments 2024-10-31 11010095 d:CurrentFinancialInstruments d:WithinOneYear 2025-10-31 11010095 d:CurrentFinancialInstruments d:WithinOneYear 2024-10-31 11010095 d:Non-currentFinancialInstruments d:AfterOneYear 2025-10-31 11010095 d:Non-currentFinancialInstruments d:AfterOneYear 2024-10-31 11010095 d:ShareCapital 2025-10-31 11010095 d:ShareCapital 2024-10-31 11010095 d:RetainedEarningsAccumulatedLosses 2025-10-31 11010095 d:RetainedEarningsAccumulatedLosses 2024-10-31 11010095 c:FRS102 2024-11-01 2025-10-31 11010095 c:AuditExempt-NoAccountantsReport 2024-11-01 2025-10-31 11010095 c:FullAccounts 2024-11-01 2025-10-31 11010095 c:PrivateLimitedCompanyLtd 2024-11-01 2025-10-31 11010095 d:AcceleratedTaxDepreciationDeferredTax 2025-10-31 11010095 d:AcceleratedTaxDepreciationDeferredTax 2024-10-31 11010095 d:Goodwill d:OwnedIntangibleAssets 2024-11-01 2025-10-31 11010095 e:PoundSterling 2024-11-01 2025-10-31 iso4217:GBP xbrli:pure

Registered number: 11010095 RED LION EATON LTD UNAUDITED FINANCIAL STATEMENTS INFORMATION FOR FILING WITH THE REGISTRAR FOR THE YEAR ENDED 31 OCTOBER 2025
RED LION EATON LTD REGISTERED NUMBER: 11010095 BALANCE SHEET AS AT 31 OCTOBER 2025
|  | 2025 |  | 2024
Note |  | £ |  | £
Fixed assets |  |  |  |  |
Intangible assets | 4 |  | 36,000 |  | 54,000
Tangible assets | 5 |  | 386,626 |  | 401,473
|  |  | 422,626 |  | 455,473
Current assets |  |  |  |  |
Stocks | 6 | 11,500 |  | 10,500 |
Debtors: amounts falling due within one year | 7 | 3,371 |  | 1,905 |
Cash at bank and in hand | 8 | 58,681 |  | 47,100 |
|  | 73,552 |  | 59,505 |
Creditors: amounts falling due within one year | 9 | (188,858) |  | (186,960) |
Net current liabilities |  |  | (115,306) |  | (127,455)
Total assets less current liabilities |  |  | 307,320 |  | 328,018
Creditors: amounts falling due after more than one year | 10 |  | - |  | (15,216)
Provisions for liabilities |  |  |  |  |
Deferred tax | 11 | (10,450) |  | (10,153) |
|  |  | (10,450) |  | (10,153)
Net assets |  |  | 296,870 |  | 302,649
Capital and reserves |  |  |  |  |
Called up share capital |  |  | 100 |  | 100
Profit and loss account |  |  | 296,770 |  | 302,549
|  |  | 296,870 |  | 302,649
Page 1
RED LION EATON LTD REGISTERED NUMBER: 11010095 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 19 June 2026.
P Wilson | Mrs L Wilson
Director | Director
The notes on pages 3 to 10 form part of these financial statements. Page 2
RED LION EATON LTD NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 OCTOBER 2025
1. | General information
Red Lion Eaton Limited is a private company limited by shares, incorporated in England and Wales, with a company registration number of 11010095. The address of the registered office is Anglia House, 6 Central Avenue, St Andrews Business Park, Thorpe St Andrew, Norwich, Norfolk, NR7 0HR. 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 | Revenue
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.
| 2.3 | Operating leases: the Company as lessee
Rentals paid under operating leases are charged to profit or loss 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.
| 2.4 | 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.
| 2.5 | Borrowing costs
All borrowing costs are recognised in profit or loss in the year in which they are incurred.
| 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. Page 3
RED LION EATON LTD NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 OCTOBER 2025 2.Accounting policies (continued)
| 2.7 | 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.
| 2.8 | Intangible assets
Goodwill Goodwill represents the difference between amounts paid on the cost of a business combination and the acquirer’s interest in the fair value of its identifiable assets and liabilities of the acquiree at the date of acquisition. Subsequent to initial recognition, goodwill is measured at cost less accumulated amortisation and accumulated impairment losses. Goodwill is amortised on a straight-line basis to the Profit and Loss Account over its useful economic life. 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.
| 2.9 | 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
RED LION EATON LTD NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 OCTOBER 2025 2.Accounting policies (continued)
| 2.9 | Tangible fixed assets (continued)
Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives. Depreciation is provided on the following basis:
|  |  |  | Freehold property | - | 2% | straight line basis
|  |  |  | Fixtures, fittings and equipment | - | 20% | reducing balance basis
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.
| 2.10 | Stocks
Stocks are stated at the lower of cost and net realisable value, being the estimated selling price less costs to complete and sell. Cost is based on the cost of purchase. At each balance sheet date, stocks are assessed for impairment. If stock is impaired, the carrying amount is reduced to its selling price less costs to complete and sell. The impairment loss is recognised immediately in profit or loss.
| 2.11 | Debtors
Short-term debtors are measured at transaction price, less any impairment.
| 2.12 | 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.
| 2.13 | 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.
| 2.14 | 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. Page 5
RED LION EATON LTD NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 OCTOBER 2025 2.Accounting policies (continued)
| 2.15 | 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. 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. 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. 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.
| 2.16 | 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 22 (2024 - 22).
Page 6
RED LION EATON LTD NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 OCTOBER 2025
4. | Intangible assets
|  | Goodwill
|  | £
| Cost |
| At 1 November 2024 | 180,000
| At 31 October 2025 | 180,000
| Amortisation |
| At 1 November 2024 | 126,000
| Charge for the year on owned assets | 18,000
| At 31 October 2025 | 144,000
| Net book value |
| At 31 October 2025 | 36,000
| At 31 October 2024 | 54,000
Page 7
RED LION EATON LTD NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 OCTOBER 2025
5. | Tangible fixed assets
|  | Freehold property | Fixtures, fittings and equipment | Total
|  | £ | £ | £
| Cost |  |  |
| At 1 November 2024 | 365,145 | 120,561 | 485,706
| Additions | - | 2,491 | 2,491
| Disposals | - | (7,500) | (7,500)
| At 31 October 2025 | 365,145 | 115,552 | 480,697
| Depreciation |  |  |
| At 1 November 2024 | 18,000 | 66,233 | 84,233
| Charge for the year on owned assets | 4,500 | 11,338 | 15,838
| Disposals | - | (6,000) | (6,000)
| At 31 October 2025 | 22,500 | 71,571 | 94,071
| Net book value |  |  |
| At 31 October 2025 | 342,645 | 43,981 | 386,626
| At 31 October 2024 | 347,145 | 54,328 | 401,473
6. | Stocks
|  |  |  |  | 2025 | 2024
|  |  |  |  | £ | £
| Stock | 11,500 | 10,500
7. | Debtors
|  |  |  |  | 2025 | 2024
|  |  |  |  | £ | £
| Prepayments | 3,371 | 1,905
Page 8
RED LION EATON LTD NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 OCTOBER 2025
8. | Cash and cash equivalents
|  |  |  |  | 2025 | 2024
|  |  |  |  | £ | £
| Cash at bank and in hand | 58,681 | 47,100
9. | Creditors: Amounts falling due within one year
|  |  |  |  | 2025 | 2024
|  |  |  |  | £ | £
| Bank loans | 12,600 | 21,700
| Trade creditors | 35,714 | 37,356
| Corporation tax | 35,873 | 38,419
| Other taxation and social security | 55,380 | 49,832
| Other creditors | 38,397 | 25,905
| Accruals | 10,894 | 13,748
|  | 188,858 | 186,960
10. | Creditors: Amounts falling due after more than one year
|  |  |  |  | 2025 | 2024
|  |  |  |  | £ | £
| Bank loans | - | 15,216
| The following liabilities were secured:
| Details of security provided:
Included in creditors are secured debts amounting to £12,600 (2024 £36,916) which are secured by debentures. Page 9
RED LION EATON LTD NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 OCTOBER 2025
11. | Deferred taxation
|  | 2025
|  | £
| At beginning of year | 10,153
| Charged to profit or loss | 297
| At end of year | 10,450
| The provision for deferred taxation is made up as follows:
|  |  |  |  | 2025 | 2024
|  |  |  |  | £ | £
| Accelerated capital allowances | 10,450 | 10,153
12. | 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 £8,495 (2024 £9,242). Contributions of £362 (2024 £418) were payable to the fund at the balance sheet date.
Page 10