Caseware UK (AP4) 2025.0.111 2025.0.111 2026-02-28 2026-02-28 The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.34 2025-03-01 false No description of principal activity 34 true true false 06796083 2025-03-01 2026-02-28 06796083 2026-02-28 06796083 2024-03-01 2025-02-28 06796083 2025-02-28 06796083 c:Director1 2025-03-01 2026-02-28 06796083 c:RegisteredOffice 2025-03-01 2026-02-28 06796083 d:Buildings d:ShortLeaseholdAssets 2025-03-01 2026-02-28 06796083 d:Buildings d:ShortLeaseholdAssets 2026-02-28 06796083 d:Buildings d:ShortLeaseholdAssets 2025-02-28 06796083 d:OfficeEquipment 2025-03-01 2026-02-28 06796083 d:OfficeEquipment 2026-02-28 06796083 d:OfficeEquipment 2025-02-28 06796083 d:OfficeEquipment d:OwnedOrFreeholdAssets 2025-03-01 2026-02-28 06796083 d:OwnedOrFreeholdAssets 2025-03-01 2026-02-28 06796083 d:CurrentFinancialInstruments 2026-02-28 06796083 d:CurrentFinancialInstruments 2025-02-28 06796083 d:CurrentFinancialInstruments d:WithinOneYear 2026-02-28 06796083 d:CurrentFinancialInstruments d:WithinOneYear 2025-02-28 06796083 d:ShareCapital 2026-02-28 06796083 d:ShareCapital 2025-02-28 06796083 d:CapitalRedemptionReserve 2026-02-28 06796083 d:CapitalRedemptionReserve 2025-02-28 06796083 d:OtherMiscellaneousReserve 2026-02-28 06796083 d:OtherMiscellaneousReserve 2025-02-28 06796083 d:RetainedEarningsAccumulatedLosses 2026-02-28 06796083 d:RetainedEarningsAccumulatedLosses 2025-02-28 06796083 c:FRS102 2025-03-01 2026-02-28 06796083 c:AuditExempt-NoAccountantsReport 2025-03-01 2026-02-28 06796083 c:FullAccounts 2025-03-01 2026-02-28 06796083 c:PrivateLimitedCompanyLtd 2025-03-01 2026-02-28 06796083 2 2025-03-01 2026-02-28 06796083 6 2025-03-01 2026-02-28 06796083 e:PoundSterling 2025-03-01 2026-02-28 iso4217:GBP xbrli:pure

Registered number: 06796083
| UNAUDITED FINANCIAL STATEMENTS
| FOR THE YEAR ENDED 28 FEBRUARY 2026
| FIRSTLIGHT GROUP LIMITED
FIRSTLIGHT GROUP LIMITED |  |
COMPANY INFORMATION
Director | P A Davies
Registered number | 06796083
Registered office | 30-31 Cowcross Street
| London
| EC1M 6DQ
Accountants | Menzies LLP
| Chartered Accountants
| 2nd Floor, Midas House
| 62 Goldsworth Road
| Woking
| Surrey
| GU21 6LQ
FIRSTLIGHT GROUP LIMITED |  |
CONTENTS
| Page
Statement of Financial Position | 1 - 2
Notes to the Financial Statements | 3 - 7
FIRSTLIGHT GROUP LIMITED REGISTERED NUMBER:06796083 |  |
STATEMENT OF FINANCIAL POSITION AS AT 28 FEBRUARY 2026
|  | 2026 |  | 2025
Note |  | £ |  | £
Fixed assets |  |  |  |  |
Tangible assets | 4 |  | 19,442 |  | 31,326
Investments | 5 |  | 1 |  | 1
|  |  | 19,443 |  | 31,327
Current assets |  |  |  |  |
Debtors: amounts falling due within one year | 6 | 769,477 |  | 680,156 |
Bank and cash balances |  | 2,512,152 |  | 2,180,909 |
|  | 3,281,629 |  | 2,861,065 |
Creditors: amounts falling due within one year | 7 | (1,001,679) |  | (1,081,622) |
Net current assets |  |  | 2,279,950 |  | 1,779,443
Total assets less current liabilities |  |  | 2,299,393 |  | 1,810,770
Provisions for liabilities |  |  |  |  |
Deferred tax |  | (2,406) |  | (5,099) |
|  |  | (2,406) |  | (5,099)
Net assets |  |  | 2,296,987 |  | 1,805,671
Capital and reserves |  |  |  |  |
Called up share capital |  |  | 108 |  | 108
Capital redemption reserve |  |  | 58 |  | 58
Other reserves |  |  | (29,692) |  | (29,692)
Profit and loss account |  |  | 2,326,513 |  | 1,835,197
|  |  | 2,296,987 |  | 1,805,671
Page 1
FIRSTLIGHT GROUP LIMITED REGISTERED NUMBER:06796083 |  |
STATEMENT OF FINANCIAL POSITION (CONTINUED) AS AT 28 FEBRUARY 2026 The director considers 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 director acknowledges his 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:
................................................ P A Davies
Director
Date: 13 August 2026
The notes on pages 3 to 7 form part of these financial statements. Page 2
FIRSTLIGHT GROUP LIMITED |  |
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 28 FEBRUARY 2026
1. | General information
Firstlight Group Limited is a private Company limited by shares incorporated in the United Kingdom under the Companies Act 2006 and is registered in England and Wales. The address of the Company's registered office and principal place of business is shown on the company information page. 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 Statement of Income and Retained Earnings 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. 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. Page 3
FIRSTLIGHT GROUP LIMITED |  |
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 28 FEBRUARY 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 | Interest income
Interest income is recognised in profit or loss 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 Statement of Financial Position. 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 reporting 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 reporting 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 reporting date. Page 4
FIRSTLIGHT GROUP LIMITED |  |
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 28 FEBRUARY 2026 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, using the straight-line method. Depreciation is provided on the following basis:
|  |  |  | Leasehold improvements | - | Over the life of the lease
|  |  |  | Office equipment | - | 20-33% 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 subsidiaries are measured at cost less accumulated impairment.
| 2.10 | 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 34 (2025 - 34).
Page 5
FIRSTLIGHT GROUP LIMITED |  |
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 28 FEBRUARY 2026
4. | Tangible fixed assets
|  | Leasehold improvements | Office equipment | Total
|  | £ | £ | £
| Cost or valuation |  |  |
| At 1 March 2025 | 145,718 | 208,692 | 354,410
| Additions | - | 3,412 | 3,412
| Disposals | - | (2,793) | (2,793)
| At 28 February 2026 | 145,718 | 209,311 | 355,029
| Depreciation |  |  |
| At 1 March 2025 | 140,807 | 182,277 | 323,084
| Charge for the year on owned assets | 1,032 | 14,264 | 15,296
| Disposals | - | (2,793) | (2,793)
| At 28 February 2026 | 141,839 | 193,748 | 335,587
| Net book value |  |  |
| At 28 February 2026 | 3,879 | 15,563 | 19,442
| At 28 February 2025 | 4,911 | 26,415 | 31,326
5. | Fixed asset investments
|  | Investments in subsidiary companies
|  | £
| Cost or valuation |
| At 1 March 2025 | 1
| At 28 February 2026 | 1
Page 6
FIRSTLIGHT GROUP LIMITED |  |
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 28 FEBRUARY 2026
6. | Debtors
|  |  |  |  | 2026 | 2025
|  |  |  |  | £ | £
| Trade debtors | 435,564 | 419,380
| Other debtors | 75,571 | 87,548
| Prepayments and accrued income | 258,342 | 173,228
|  | 769,477 | 680,156
7. | Creditors: Amounts falling due within one year
|  |  |  |  | 2026 | 2025
|  |  |  |  | £ | £
| Trade creditors | 101,394 | 88,954
| Corporation tax | 197,921 | 101,526
| Other taxation and social security | 113,862 | 133,338
| Other creditors | 12,131 | 30,721
| Accruals and deferred income | 576,371 | 727,083
|  | 1,001,679 | 1,081,622
8. | Commitments under operating leases
| The Company had commitments under non-cancellable operating leases of £152,899 (2025 - £279,770) at the reporting date.
9. | Transactions with director
|  | Balance as at 1 March 2025 | Advances | Repaid | Balance as at 28 February 2026
|  | £ | £ | £ | £
| Director loan | 12,000 | - | 12,000 | -
|  | 12,000 | - | 12,000 | -
| No interest has been applied on the balance in the year. The loan was repaid in April 2025.
Page 7