Caseware UK (AP4) 2025.0.111 2025.0.111 2025-12-31 2025-12-31 2025-01-01 false No description of principal activity 4 4 true true false 06135167 2025-01-01 2025-12-31 06135167 2024-01-01 2024-12-31 06135167 2025-12-31 06135167 2024-12-31 06135167 1 2025-01-01 2025-12-31 06135167 d:Director1 2025-01-01 2025-12-31 06135167 c:FurnitureFittings 2025-01-01 2025-12-31 06135167 c:FurnitureFittings 2025-12-31 06135167 c:FurnitureFittings 2024-12-31 06135167 c:FurnitureFittings c:OwnedOrFreeholdAssets 2025-01-01 2025-12-31 06135167 c:OfficeEquipment 2025-01-01 2025-12-31 06135167 c:OfficeEquipment 2025-12-31 06135167 c:OfficeEquipment 2024-12-31 06135167 c:OfficeEquipment c:OwnedOrFreeholdAssets 2025-01-01 2025-12-31 06135167 c:ComputerEquipment 2025-01-01 2025-12-31 06135167 c:ComputerEquipment 2025-12-31 06135167 c:ComputerEquipment 2024-12-31 06135167 c:ComputerEquipment c:OwnedOrFreeholdAssets 2025-01-01 2025-12-31 06135167 c:OwnedOrFreeholdAssets 2025-01-01 2025-12-31 06135167 c:CurrentFinancialInstruments 2025-12-31 06135167 c:CurrentFinancialInstruments 2024-12-31 06135167 c:Non-currentFinancialInstruments 2025-12-31 06135167 c:Non-currentFinancialInstruments 2024-12-31 06135167 c:CurrentFinancialInstruments c:WithinOneYear 2025-12-31 06135167 c:CurrentFinancialInstruments c:WithinOneYear 2024-12-31 06135167 c:Non-currentFinancialInstruments c:AfterOneYear 2025-12-31 06135167 c:Non-currentFinancialInstruments c:AfterOneYear 2024-12-31 06135167 c:Non-currentFinancialInstruments c:BetweenOneTwoYears 2025-12-31 06135167 c:Non-currentFinancialInstruments c:BetweenOneTwoYears 2024-12-31 06135167 c:ShareCapital 2025-12-31 06135167 c:ShareCapital 2024-12-31 06135167 c:RetainedEarningsAccumulatedLosses 2025-12-31 06135167 c:RetainedEarningsAccumulatedLosses 2024-12-31 06135167 d:FRS102 2025-01-01 2025-12-31 06135167 d:Audited 2025-01-01 2025-12-31 06135167 d:FullAccounts 2025-01-01 2025-12-31 06135167 d:PrivateLimitedCompanyLtd 2025-01-01 2025-12-31 06135167 d:SmallCompaniesRegimeForAccounts 2025-01-01 2025-12-31 06135167 e:PoundSterling 2025-01-01 2025-12-31 iso4217:GBP xbrli:pure

Registered number: 06135167 PARTICIPANT UK LIMITED FINANCIAL STATEMENTS INFORMATION FOR FILING WITH THE REGISTRAR FOR THE YEAR ENDED 31 DECEMBER 2025
PARTICIPANT UK LIMITED REGISTERED NUMBER: 06135167 BALANCE SHEET AS AT 31 DECEMBER 2025
|  | 2025 |  | 2024
Note |  | £ |  | £
Fixed assets |  |  |  |  |
Tangible assets | 4 |  | 610 |  | 814
|  |  | 610 |  | 814
Current assets |  |  |  |  |
Debtors: amounts falling due within one year | 5 | 272,390 |  | 310,840 |
Cash at bank and in hand | 6 | 5,066 |  | 22,475 |
|  | 277,456 |  | 333,315 |
Creditors: amounts falling due within one year | 7 | (279,053) |  | (234,414) |
Net current (liabilities)/assets |  |  | (1,597) |  | 98,901
Total assets less current liabilities |  |  | (987) |  | 99,715
Creditors: amounts falling due after more than one year | 8 |  | - |  | (9,167)
Net (liabilities)/assets |  |  | (987) |  | 90,548
Capital and reserves |  |  |  |  |
Called up share capital |  |  | 564,242 |  | 564,242
Profit and loss account |  |  | (565,229) |  | (473,694)
|  |  | (987) |  | 90,548
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 16 July 2026.
F Lervik
Director
The notes on pages 3 to 8 form part of these financial statements. Page 1
PARTICIPANT UK LIMITED REGISTERED NUMBER: 06135167 BALANCE SHEET (CONTINUED) AS AT 31 DECEMBER 2025 Page 2
PARTICIPANT UK LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2025
1. | General information
The Company is a private company limited by shares and is registered in England and Wales. The Company's registered number is 06135167. The address of the registered office is Venture House, Downshire Way, Bracknell, England, RG12 1WA. 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 | Going concern
The financial statements are prepared on a going concern basis. IIn considering the appropriate basis of preparation, the directors have considered the finance sources and support that they consider are likely to be available during the going concern period, being a period of not less than one year fron the date of approval of the financial statements. As a result, they continue to adopt the going concern basis of accounting in preparing the financial statements.
| 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. 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.
| 2.4 | 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
PARTICIPANT UK LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 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:
|  |  |  | Fixtures and fittings | - | 25% |
|  |  |  | Office equipment | - | 25% |
|  |  |  | Computer equipment | - | 25% |
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 | 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.
| 2.6 | 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.
| 2.7 | 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
PARTICIPANT UK LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2025 2.Accounting policies (continued)
| 2.8 | 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.
| 2.9 | 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.
3. | Employees
| The average monthly number of employees, including directors, during the year was 4 (2024 - 4).
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PARTICIPANT UK LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2025
4. | Tangible fixed assets
|  | Fixtures and fittings | Office equipment | Computer equipment | Total
|  | £ | £ | £ | £
| Cost or valuation |  |  |  |
| At 1 January 2025 | 817 | 3,962 | 11,196 | 15,975
| At 31 December 2025 | 817 | 3,962 | 11,196 | 15,975
| Depreciation |  |  |  |
| At 1 January 2025 | 738 | 3,864 | 10,559 | 15,161
| Charge for the year on owned assets | 20 | 24 | 160 | 204
| At 31 December 2025 | 758 | 3,888 | 10,719 | 15,365
| Net book value |  |  |  |
| At 31 December 2025 | 59 | 74 | 477 | 610
| At 31 December 2024 | 79 | 98 | 637 | 814
5. | Debtors
|  |  |  |  | 2025 | 2024
|  |  |  |  | £ | £
| Trade debtors | 38,808 | 38,670
| Amounts owed by group undertakings | 223,433 | 259,472
| Other debtors | 3,425 | 6,238
| Prepayments and accrued income | 6,724 | 6,460
|  | 272,390 | 310,840
6. | Cash and cash equivalents
|  |  |  |  | 2025 | 2024
|  |  |  |  | £ | £
| Cash at bank and in hand | 5,066 | 22,475
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PARTICIPANT UK LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2025
7. | Creditors: Amounts falling due within one year
|  |  |  |  | 2025 | 2024
|  |  |  |  | £ | £
| Bank loans | 9,167 | 10,000
| Trade creditors | 202,193 | 93,186
| Other taxation and social security | 9,124 | 9,818
| Other creditors | 11,773 | 9,640
| Accruals and deferred income | 46,796 | 111,770
|  | 279,053 | 234,414
8. | Creditors: Amounts falling due after more than one year
|  |  |  |  | 2025 | 2024
|  |  |  |  | £ | £
| Bank loans | - | 9,167
9. | Loans
| Analysis of the maturity of loans is given below:
|  |  |  |  | 2025 | 2024
|  |  |  |  | £ | £
| Amounts falling due within one year |  |
| Bank loans | 9,167 | 10,000
| Amounts falling due 1-2 years |  |
| Bank loans | - | 9,167
|  | 9,167 | 19,167
10. | 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 £8,197 (2024 - £6,692). Contributions totalling £3,413 (2024 - £3,240) were payable to the fund at the balance sheet date and are included in creditors. Page 7
PARTICIPANT UK LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2025
11. | Related party transactions
| The Company is a wholly-owned subsidiary of Deltager AS and as such has taken advantage of the exemption permitted by FRS 102 Related Party Disclosures, not to provide disclosures of transactions entered into with other wholly-owned members of the Group.
12. | Post balance sheet events
The Company has been made aware of an error in the fee calculation for a certain type of payments to one customer and is currently assessing the magnitude and implications of this matter.
13. | Controlling party
The Company's parent company is Deltager AS, a company registered in Norway. Its registered office is at Sognsveien, 75 E 0855, Oslo, Norway.
14. | Auditors' information
The auditors' report on the financial statements for the year ended 31 December 2025 was unqualified. The audit report was signed on 17 July 2026 by David Alesbury (Senior statutory auditor) on behalf of Feltons.
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