Caseware UK (AP4) 2024.0.164 2024.0.164 2025-12-31 2025-12-31 false 2025-01-01 false No description of principal activity 48 46 true false The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. 02876166 2025-01-01 2025-12-31 02876166 2024-01-01 2024-12-31 02876166 2025-12-31 02876166 2024-12-31 02876166 c:Director1 2025-01-01 2025-12-31 02876166 d:PlantMachinery 2025-01-01 2025-12-31 02876166 d:PlantMachinery 2025-12-31 02876166 d:PlantMachinery 2024-12-31 02876166 d:PlantMachinery d:OwnedOrFreeholdAssets 2025-01-01 2025-12-31 02876166 d:OtherPropertyPlantEquipment 2025-01-01 2025-12-31 02876166 d:OtherPropertyPlantEquipment 2025-12-31 02876166 d:OtherPropertyPlantEquipment 2024-12-31 02876166 d:OtherPropertyPlantEquipment d:OwnedOrFreeholdAssets 2025-01-01 2025-12-31 02876166 d:OwnedOrFreeholdAssets 2025-01-01 2025-12-31 02876166 d:CurrentFinancialInstruments 2025-12-31 02876166 d:CurrentFinancialInstruments 2024-12-31 02876166 d:CurrentFinancialInstruments d:WithinOneYear 2025-12-31 02876166 d:CurrentFinancialInstruments d:WithinOneYear 2024-12-31 02876166 d:ShareCapital 2025-12-31 02876166 d:ShareCapital 2024-12-31 02876166 d:RetainedEarningsAccumulatedLosses 2025-12-31 02876166 d:RetainedEarningsAccumulatedLosses 2024-12-31 02876166 c:FRS102 2025-01-01 2025-12-31 02876166 c:AuditExempt-NoAccountantsReport 2025-01-01 2025-12-31 02876166 c:FullAccounts 2025-01-01 2025-12-31 02876166 c:PrivateLimitedCompanyLtd 2025-01-01 2025-12-31 02876166 d:WithinOneYear 2025-12-31 02876166 d:WithinOneYear 2024-12-31 02876166 d:BetweenOneFiveYears 2025-12-31 02876166 d:BetweenOneFiveYears 2024-12-31 02876166 2 2025-01-01 2025-12-31 02876166 e:PoundSterling 2025-01-01 2025-12-31 iso4217:GBP xbrli:pure

Registered number: 02876166 PERSPECTIVE PUBLISHING LIMITED UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2025
PERSPECTIVE PUBLISHING LIMITED REGISTERED NUMBER: 02876166 BALANCE SHEET AS AT 31 DECEMBER 2025
|  | 2025 |  | 2024
Note |  | £ |  | £
Fixed assets |  |  |  |  |
Tangible assets | 4 |  | 52,726 |  | 78,543
Investments | 5 |  | 1,326,056 |  | 877,887
|  |  | 1,378,782 |  | 956,430
Current assets |  |  |  |  |
Debtors: amounts falling due within one year | 6 | 855,220 |  | 959,724 |
Current asset investments | 7 | - |  | 2,000,000 |
Cash at bank and in hand |  | 3,728,466 |  | 2,105,584 |
|  | 4,583,686 |  | 5,065,308 |
Creditors: amounts falling due within one year | 8 | (1,335,640) |  | (1,433,635) |
Net current assets |  |  | 3,248,046 |  | 3,631,673
Net assets |  |  | 4,626,828 |  | 4,588,103
Capital and reserves |  |  |  |  |
Called up share capital |  |  | 90 |  | 90
Profit and loss account |  |  | 4,626,738 |  | 4,588,013
|  |  | 4,626,828 |  | 4,588,103
Page 1
PERSPECTIVE PUBLISHING LIMITED REGISTERED NUMBER: 02876166 BALANCE SHEET (CONTINUED) AS AT 31 DECEMBER 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 comprehensive income 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 12 August 2026.
J Woods
Director
The notes on pages 3 to 8 form part of these financial statements. Page 2
PERSPECTIVE PUBLISHING LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2025
1. | General information
Perspective Publishing Limited is a private company limited by shares and incorporated in England and Wales. The address of its registered office is Second Floor, 5 Maidstone Buildings Mews, London, SE1 1GN. 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 the Statement of comprehensive income except when deferred in other comprehensive income as qualifying cash flow hedges. Page 3
PERSPECTIVE PUBLISHING LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2025 2.Accounting policies (continued)
| 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 | Operating leases: the Company as lessee
Rentals paid under operating leases are charged to the Statement of comprehensive income on a straight-line basis over the lease term.
| 2.5 | Interest income
Interest income is recognised in the Statement of comprehensive income using the effective interest method.
| 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 | 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. Page 4
PERSPECTIVE PUBLISHING LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2025 2.Accounting policies (continued)
| 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. Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, on the following annual basis. Depreciation is provided on the following basis:
|  |  |  | Plant and machinery | - | 20% to 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.
| 2.9 | Valuation of investments
Investments in listed company shares are remeasured to market value at each balance sheet date. Gains and losses on remeasurement are recognised in the statement of income and retained earnings for the period.
| 2.10 | Debtors
Short term debtors are measured at transaction price, less any impairment.
| 2.11 | 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.
| 2.12 | Creditors
Short term creditors are measured at the transaction price. Other financial liabilities are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.
| 2.13 | 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 ordinary shares. 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 Statement of comprehensive income. Page 5
PERSPECTIVE PUBLISHING LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2025 2.Accounting policies (continued)
| 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 48 (2024 - 46).
4. | Tangible fixed assets
|  | Plant and machinery | Leasehold Improvements | Total
|  | £ | £ | £
| Cost |  |  |
| At 1 January 2025 | 100,573 | 82,730 | 183,303
| Additions | 11,934 | - | 11,934
| At 31 December 2025 | 112,507 | 82,730 | 195,237
| Depreciation |  |  |
| At 1 January 2025 | 62,773 | 41,987 | 104,760
| Charge for the year on owned assets | 21,205 | 16,546 | 37,751
| At 31 December 2025 | 83,978 | 58,533 | 142,511
| Net book value |  |  |
| At 31 December 2025 | 28,529 | 24,197 | 52,726
| At 31 December 2024 | 37,800 | 40,743 | 78,543
Page 6
PERSPECTIVE PUBLISHING LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2025
5. | Fixed asset investments
|  | Listed investments
|  | £
| Valuation |
| At 1 January 2025 | 877,887
| Additions | 41,394
| Disposals | (6,761)
| Revaluations | 413,536
| At 31 December 2025 | 1,326,056
6. | Debtors
|  |  |  |  | 2025 | 2024
|  |  |  |  | £ | £
| Trade debtors | 654,103 | 885,102
| Amounts owed by group undertakings | 6,185 | 4,626
| Other debtors | 6,500 | 10,020
| Prepayments | 188,432 | 59,976
|  | 855,220 | 959,724
7. | Current asset investments
|  |  |  |  | 2025 | 2024
|  |  |  |  | £ | £
| Current asset investments | - | 2,000,000
Page 7
PERSPECTIVE PUBLISHING LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2025
8. | Creditors: Amounts falling due within one year
|  |  |  |  | 2025 | 2024
|  |  |  |  | £ | £
| Trade creditors | 162,026 | 163,727
| Amounts owed to group undertakings | 673 | 673
| Corporation tax | 131,142 | 163,784
| Other taxation and social security | 87,812 | 178,460
| Other creditors | 15,503 | 12,947
| Accruals and deferred income | 938,484 | 914,044
|  | 1,335,640 | 1,433,635
9. | Pension commitments
The Company operates a defined contributions pension scheme. The pension cost charge represents contributions payable by the company amounting to £73,897 (2024 - £70,609). Contributions totalling £12,266 (2024 - £12,249) were payable at the balance sheet date.
10. | Commitments under operating leases
| At 31 December 2025 the Company had future minimum lease payments due under non-cancellable operating leases for each of the following periods:
|  |  |  |  | 2025 | 2024
|  |  |  |  | £ | £
| Not later than 1 year | 4,691 | 18,766
| Later than 1 year and not later than 5 years | - | 4,691
|  | 4,691 | 23,457
Page 8