Caseware UK (AP4) 2025.0.111 2025.0.111 2025-10-31 2025-10-31 2024-11-01 false The principal activity of the Company was that of consultancy.2 2 true true The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. 09265820 2024-11-01 2025-10-31 09265820 2023-11-01 2024-10-31 09265820 2025-10-31 09265820 2024-10-31 09265820 c:Director1 2024-11-01 2025-10-31 09265820 d:PlantMachinery 2024-11-01 2025-10-31 09265820 d:PlantMachinery 2025-10-31 09265820 d:PlantMachinery 2024-10-31 09265820 d:PlantMachinery d:OwnedOrFreeholdAssets 2024-11-01 2025-10-31 09265820 d:OfficeEquipment 2024-11-01 2025-10-31 09265820 d:OfficeEquipment 2025-10-31 09265820 d:OfficeEquipment 2024-10-31 09265820 d:OfficeEquipment d:OwnedOrFreeholdAssets 2024-11-01 2025-10-31 09265820 d:OwnedOrFreeholdAssets 2024-11-01 2025-10-31 09265820 d:CurrentFinancialInstruments 2025-10-31 09265820 d:CurrentFinancialInstruments 2024-10-31 09265820 d:CurrentFinancialInstruments d:WithinOneYear 2025-10-31 09265820 d:CurrentFinancialInstruments d:WithinOneYear 2024-10-31 09265820 d:ShareCapital 2025-10-31 09265820 d:ShareCapital 2024-10-31 09265820 d:FinancialAssetsDesignatedFairValueThroughProfitOrLoss 2025-10-31 09265820 d:FinancialAssetsDesignatedFairValueThroughProfitOrLoss 2024-10-31 09265820 c:FRS102 2024-11-01 2025-10-31 09265820 c:AuditExempt-NoAccountantsReport 2024-11-01 2025-10-31 09265820 c:FullAccounts 2024-11-01 2025-10-31 09265820 c:PrivateLimitedCompanyLtd 2024-11-01 2025-10-31 09265820 e:PoundSterling 2024-11-01 2025-10-31 iso4217:GBP xbrli:pure

Registered number: 09265820 MATERIAL FACTS LIMITED UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 OCTOBER 2025
MATERIAL FACTS LIMITED REGISTERED NUMBER: 09265820 BALANCE SHEET AS AT 31 OCTOBER 2025
|  | 2025 |  | 2024
Note |  | £ |  | £
Fixed assets |  |  |  |  |
Tangible assets | 4 |  | 4,590 |  | 5,068
|  |  | 4,590 |  | 5,068
Current assets |  |  |  |  |
Cash at bank and in hand | 5 | 1,880 |  | 1,500 |
|  | 1,880 |  | 1,500 |
Creditors: amounts falling due within one year | 6 | (6,370) |  | (6,468) |
Net current liabilities |  |  | (4,490) |  | (4,968)
Total assets less current liabilities |  |  | 100 |  | 100
Net assets |  |  | 100 |  | 100
Capital and reserves |  |  |  |  |
Called up share capital |  |  | 100 |  | 100
|  |  | 100 |  | 100
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MATERIAL FACTS LIMITED REGISTERED NUMBER: 09265820 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 statement of income and retained earnings 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 9 July 2026.
................................................ W D Comer
Director
The notes on pages 3 to 7 form part of these financial statements. Page 2
MATERIAL FACTS LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 OCTOBER 2025
1. | General information
Material Facts Limited is a private company incorporated in England and Wales, limited by share capital. The principal activity of the Company throughout the year was that of consultancy. 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
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 | Taxation
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.
| 2.4 | 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 3
MATERIAL FACTS LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 OCTOBER 2025 2.Accounting policies (continued)
| 2.4 | Tangible fixed assets (continued)
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:
|  |  |  | Plant and machinery | - | 25% reducing balance
|  |  |  | Office equipment | - | 20% 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 profit or loss.
| 2.5 | 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.
| 2.6 | 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 4
MATERIAL FACTS LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 OCTOBER 2025 2.Accounting policies (continued)
| 2.7 | 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 receivables, cash and bank balances, are initially measured at their transaction price including transaction costs 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 receivables due with the operating cycle fall into this category of financial instruments. Financial liabilities Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instruments 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 payables, bank loans and other loans are initially measured at their transaction price after transaction costs. When this constitutes a financing transaction, whereby the debt instrument 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. Debt instruments are subsequently carried at their amortised cost using the effective interest rate method. Trade payables are obligations to pay for goods and services that have been acquired in the ordinary course of business from suppliers. Trade payables are classified as current liabilities if the payment is due within one year. If not, they represent non-current liabilities. Trade payables 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.
| 2.8 | 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 2 (2024 - 2).
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MATERIAL FACTS LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 OCTOBER 2025
4. | Tangible fixed assets
|  | Plant and machinery | Office equipment | Total
|  | £ | £ | £
| Cost or valuation |  |  |
| At 1 November 2024 | 23,157 | 1,800 | 24,957
| Additions | - | 1,168 | 1,168
| Disposals | - | (1,000) | (1,000)
| At 31 October 2025 | 23,157 | 1,968 | 25,125
| Depreciation |  |  |
| At 1 November 2024 | 18,283 | 1,606 | 19,889
| Charge for the year on owned assets | 1,219 | 319 | 1,538
| Disposals | - | (892) | (892)
| At 31 October 2025 | 19,502 | 1,033 | 20,535
| Net book value |  |  |
| At 31 October 2025 | 3,655 | 935 | 4,590
| At 31 October 2024 | 4,874 | 194 | 5,068
5. | Cash and cash equivalents
|  |  |  |  | 2025 | 2024
|  |  |  |  | £ | £
| Cash at bank and in hand | 1,880 | 1,500
|  | 1,880 | 1,500
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MATERIAL FACTS LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 OCTOBER 2025
6. | Creditors: Amounts falling due within one year
|  |  |  |  | 2025 | 2024
|  |  |  |  | £ | £
| Trade creditors | - | 1,278
| Corporation tax | 4,585 | 3,842
| Other creditors | 417 | 34
| Accruals and deferred income | 1,368 | 1,314
|  | 6,370 | 6,468
7. | Financial instruments
|  |  |  |  | 2025 | 2024
|  |  |  |  | £ | £
| Financial assets |  |
| Financial assets measured at fair value through profit or loss | 1,880 | 1,500
| Financial assets measured at fair value through profit or loss comprise cash at bank.
8. | Controlling party
The Company is controlled by the director, W D Comer, by virtue of his shareholding, as described in the Directors' report.
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