Caseware UK (AP4) 2025.0.111 2025.0.111 2026-03-31 2026-03-31 false false 2025-04-01 46 data management and integration 40 true The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.false 03624203 2025-04-01 2026-03-31 03624203 2024-04-01 2025-03-31 03624203 2026-03-31 03624203 2025-03-31 03624203 c:Director3 2025-04-01 2026-03-31 03624203 d:FurnitureFittings 2025-04-01 2026-03-31 03624203 d:FurnitureFittings 2026-03-31 03624203 d:FurnitureFittings 2025-03-31 03624203 d:FurnitureFittings d:OwnedOrFreeholdAssets 2025-04-01 2026-03-31 03624203 d:OtherPropertyPlantEquipment 2025-04-01 2026-03-31 03624203 d:OtherPropertyPlantEquipment 2026-03-31 03624203 d:OtherPropertyPlantEquipment 2025-03-31 03624203 d:OtherPropertyPlantEquipment d:OwnedOrFreeholdAssets 2025-04-01 2026-03-31 03624203 d:OwnedOrFreeholdAssets 2025-04-01 2026-03-31 03624203 d:Goodwill 2026-03-31 03624203 d:Goodwill 2025-03-31 03624203 d:CurrentFinancialInstruments 2026-03-31 03624203 d:CurrentFinancialInstruments 2025-03-31 03624203 d:CurrentFinancialInstruments d:WithinOneYear 2026-03-31 03624203 d:CurrentFinancialInstruments d:WithinOneYear 2025-03-31 03624203 d:ShareCapital 2026-03-31 03624203 d:ShareCapital 2025-03-31 03624203 d:SharePremium 2026-03-31 03624203 d:SharePremium 2025-03-31 03624203 d:RetainedEarningsAccumulatedLosses 2026-03-31 03624203 d:RetainedEarningsAccumulatedLosses 2025-03-31 03624203 d:AcceleratedTaxDepreciationDeferredTax 2026-03-31 03624203 d:AcceleratedTaxDepreciationDeferredTax 2025-03-31 03624203 c:FRS102 2025-04-01 2026-03-31 03624203 c:AuditExempt-NoAccountantsReport 2025-04-01 2026-03-31 03624203 c:FullAccounts 2025-04-01 2026-03-31 03624203 c:PrivateLimitedCompanyLtd 2025-04-01 2026-03-31 03624203 d:WithinOneYear 2026-03-31 03624203 d:WithinOneYear 2025-03-31 03624203 6 2025-04-01 2026-03-31 03624203 e:PoundSterling 2025-04-01 2026-03-31 iso4217:GBP xbrli:pure

Registered number: 03624203 EULER DATAOPS & ANALYTICS LIMITED UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2026
EULER DATAOPS & ANALYTICS LIMITED REGISTERED NUMBER: 03624203 BALANCE SHEET AS AT 31 MARCH 2026
|  | 2026 |  | 2025
Note |  | £ |  | £
Fixed assets |  |  |  |  |
Tangible assets | 5 |  | 30,832 |  | 63,413
Investments |  |  | 8 |  | -
|  |  | 30,840 |  | 63,413
Current assets |  |  |  |  |
Debtors: amounts falling due within one year | 7 | 1,577,574 |  | 1,261,978 |
Cash at bank and in hand | 8 | 19,326 |  | 263,229 |
|  | 1,596,900 |  | 1,525,207 |
Creditors: amounts falling due within one year | 9 | (1,196,574) |  | (1,168,807) |
Net current assets |  |  | 400,326 |  | 356,400
Total assets less current liabilities |  |  | 431,166 |  | 419,813
Net assets |  |  | 431,166 |  | 419,813
Capital and reserves |  |  |  |  |
Called up share capital |  |  | 54,950 |  | 54,950
Share premium account |  |  | 20,691 |  | 20,691
Profit and loss account |  |  | 355,525 |  | 344,172
|  |  | 431,166 |  | 419,813
Page 1
EULER DATAOPS & ANALYTICS LIMITED REGISTERED NUMBER: 03624203 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:
................................................ R Jones
Director
Date: 15 July 2026
The notes on pages 3 to 10 form part of these financial statements. Page 2
EULER DATAOPS & ANALYTICS LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2026
1. | General information
Euler DataOps & Analytics Limited is a private company limited by shares incorporated in England and Wales. The registered office is The Gateway, Sankey Street, Warrington, Cheshire, WA1 1SR. 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 | Foreign currency translation
Functional and presentation currency The Company's functional and presentational currency is GBP. Transactions and balances Foreign currency transactions are translated into the functional currency using the spot exchange rates at the dates of the transactions. At each period end foreign currency monetary items are translated using the closing rate. Non-monetary items measured at historical cost are translated using the exchange rate at the date of the transaction and non-monetary items measured at fair value are measured using the exchange rate when fair value was determined. Foreign exchange gains and losses resulting from the settlement of transactions and from the translation at period-end exchange rates of monetary assets and liabilities denominated in foreign currencies are recognised in profit or loss except when deferred in other comprehensive income as qualifying cash flow hedges. Foreign exchange gains and losses that relate to borrowings and cash and cash equivalents are presented in the Profit and Loss Account within 'finance income or costs'. All other foreign exchange gains and losses are presented in profit or loss within 'other operating income'.
| 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. Page 3
EULER DATAOPS & ANALYTICS LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2026 2.Accounting policies (continued)
| 2.4 | 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.
| 2.5 | 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.
| 2.6 | 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 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
EULER DATAOPS & ANALYTICS LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2026 2.Accounting policies (continued)
| 2.8 | 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. Depreciation is provided on the following basis:
|  |  |  | Fixtures and fittings | - | 25% | straight line
|  |  |  | Leasehold improvements | - | 20% | straight line
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 | Valuation of investments
Investments in subsidiaries 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 Profit and Loss Account for the period. Where market value cannot be reliably determined, such investments are stated at historic cost less impairment. Investments in listed company shares are remeasured to market value at each balance sheet date. Gains and losses on remeasurement are recognised in profit or loss for the period.
| 2.11 | 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. Page 5
EULER DATAOPS & ANALYTICS LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2026 2.Accounting policies (continued)
| 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. 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.
| 2.13 | 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 | 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 40 (2025 - 46).
4. | Intangible assets
|  | Goodwill
|  | £
| Cost |
| At 1 April 2025 | 350,000
| At 31 March 2026 | 350,000
| Amortisation |
| At 1 April 2025 | 350,000
| At 31 March 2026 | 350,000
| Net book value |
| At 31 March 2026 | -
| At 31 March 2025 | -
Page 6
EULER DATAOPS & ANALYTICS LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2026 4.Intangible assets (continued)
5. | Tangible fixed assets
|  | Fixtures and fittings | Leasehold improvements | Total
|  | £ | £ | £
| Cost or valuation |  |  |
| At 1 April 2025 | 118,225 | 129,659 | 247,884
| Additions | 2,409 | - | 2,409
| At 31 March 2026 | 120,634 | 129,659 | 250,293
| Depreciation |  |  |
| At 1 April 2025 | 106,674 | 77,796 | 184,470
| Charge for the year on owned assets | 9,059 | 25,932 | 34,991
| At 31 March 2026 | 115,733 | 103,728 | 219,461
| Net book value |  |  |
| At 31 March 2026 | 4,901 | 25,931 | 30,832
| At 31 March 2025 | 11,551 | 51,863 | 63,414
Page 7
EULER DATAOPS & ANALYTICS LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2026
6. | Fixed asset investments
|  | Investments in subsidiary companies
|  | £
| Cost or valuation |
| Additions | 8
| At 31 March 2026 | 8
7. | Debtors
|  |  |  |  | 2026 | 2025
|  |  |  |  | £ | £
| Trade debtors | 483,575 | 553,450
| Amounts owed by group undertakings | 784,940 | 440,571
| Prepayments and accrued income | 296,432 | 262,568
| Deferred taxation | 12,627 | 5,389
|  | 1,577,574 | 1,261,978
8. | Cash and cash equivalents
|  |  |  |  | 2026 | 2025
|  |  |  |  | £ | £
| Cash at bank and in hand | 19,326 | 263,229
|  | 19,326 | 263,229
Page 8
EULER DATAOPS & ANALYTICS LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2026
9. | Creditors: Amounts falling due within one year
|  |  |  |  | 2026 | 2025
|  |  |  |  | £ | £
| Trade creditors | 164,011 | 139,188
| Corporation tax | 60,249 | 145,985
| Other taxation and social security | 154,909 | 215,353
| Other creditors | 10,693 | 8,499
| Accruals and deferred income | 806,712 | 659,782
|  | 1,196,574 | 1,168,807
10. | Deferred taxation
|  | 2026
|  | £
| At beginning of year | 5,389
| Utilised in year | 7,238
| At end of year | 12,627
| The deferred tax asset is made up as follows:
|  |  |  |  | 2026 | 2025
|  |  |  |  | £ | £
| Accelerated capital allowances | 12,627 | 5,389
|  | 12,627 | 5,389
11. | Charges
HSBC UK Bank PLC has a fixed and floating charge dated 20 December 2019 containing a negative pledge over all of the property or undertaking of the company. Ian Johnstone and Anita Johnstone have a fixed and floating charge dated 20 December 2019 containing a negative pledge over all of the property or undertaking of the company. Page 9
EULER DATAOPS & ANALYTICS LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2026
12. | Contingent liabilities
An inter-company debenture is in place in favour of Ian and Anita Johnstone between the company and Euler Holdings Limited. At the balance sheet date, group borrowings payable to Anita Johnstone totalled £1,174,000 (2025: £1,174,000). An inter-company guarantee is also in place in favour of HSBC UK Bank plc between the company and Euler Holdings Limited. At the balance sheet date, group borrowings payable to HSBC UK Bank plc totalled £931,621 (2025: £1,230,270).
13. | Commitments under operating leases
| At 31 March 2026 the Company had future minimum lease payments due under non-cancellable operating leases for each of the following periods:
|  |  |  |  | 2026 | 2025
|  |  |  |  | £ | £
|  | 25,698 | 48,738
|  | 25,698 | 48,738
Page 10