Caseware UK (AP4) 2025.0.111 2025.0.111 2025-12-31 2025-12-31 The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.false No description of principal activity 2024-09-17 1 0 false true false 15961878 2024-09-16 15961878 2024-09-17 2025-12-31 15961878 2024-01-01 2024-09-16 15961878 2025-12-31 15961878 c:Director2 2024-09-17 2025-12-31 15961878 d:ComputerEquipment 2024-09-17 2025-12-31 15961878 d:ComputerEquipment 2025-12-31 15961878 d:ComputerEquipment d:OwnedOrFreeholdAssets 2024-09-17 2025-12-31 15961878 d:CurrentFinancialInstruments 2025-12-31 15961878 d:CurrentFinancialInstruments d:WithinOneYear 2025-12-31 15961878 d:ShareCapital 2024-09-17 2025-12-31 15961878 d:ShareCapital 2025-12-31 15961878 d:RetainedEarningsAccumulatedLosses 2024-09-17 2025-12-31 15961878 d:RetainedEarningsAccumulatedLosses 2025-12-31 15961878 d:AcceleratedTaxDepreciationDeferredTax 2025-12-31 15961878 d:TaxLossesCarry-forwardsDeferredTax 2025-12-31 15961878 d:RetirementBenefitObligationsDeferredTax 2025-12-31 15961878 c:OrdinaryShareClass1 2024-09-17 2025-12-31 15961878 c:OrdinaryShareClass1 2025-12-31 15961878 c:FRS102 2024-09-17 2025-12-31 15961878 c:AuditExempt-NoAccountantsReport 2024-09-17 2025-12-31 15961878 c:FullAccounts 2024-09-17 2025-12-31 15961878 c:PrivateLimitedCompanyLtd 2024-09-17 2025-12-31 15961878 d:WithinOneYear 2025-12-31 15961878 d:BetweenOneFiveYears 2025-12-31 15961878 2 2024-09-17 2025-12-31 15961878 e:PoundSterling 2024-09-17 2025-12-31 xbrli:shares iso4217:GBP xbrli:pure

Registered number: 15961878 FG1 CAPITAL INVESTMENTS LIMITED UNAUDITED FINANCIAL STATEMENTS FOR THE PERIOD ENDED 31 DECEMBER 2025
FG1 CAPITAL INVESTMENTS LIMITED REGISTERED NUMBER: 15961878 STATEMENT OF FINANCIAL POSITION AS AT 31 DECEMBER 2025
|  | 2025
Note |  | £
Fixed assets |  |  |
Tangible assets | 5 |  | 3,265
|  |  | 3,265
Current assets |  |  |
Debtors: amounts falling due within one year | 6 | 561,527 |
Cash at bank and in hand |  | 4,100 |
|  | 565,627 |
Creditors: amounts falling due within one year | 7 | (600,764) |
Net current (liabilities) |  |  | (35,137)
Net (liabilities) |  |  | (31,872)
Capital and reserves |  |  |
Called up share capital | 9 |  | 188
Profit and loss account |  |  | (32,060)
|  |  | (31,872)
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 Period 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 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 by:
M J Pike
Director
Page 1
FG1 CAPITAL INVESTMENTS LIMITED REGISTERED NUMBER: 15961878 STATEMENT OF FINANCIAL POSITION (CONTINUED) AS AT 31 DECEMBER 2025
Date: 17 August 2026
The notes on pages 4 to 11 form part of these financial statements. Page 2
FG1 CAPITAL INVESTMENTS LIMITED STATEMENT OF CHANGES IN EQUITY FOR THE PERIOD ENDED 31 DECEMBER 2025
| Called up share capital | Profit and loss account | Total equity
| £ | £ | £
Comprehensive income for the period |  |  |
Loss for the period | - | (32,060) | (32,060)
Shares issued during the period | 188 | - | 188
At 31 December 2025 | 188 | (32,060) | (31,872)
| The notes on pages 4 to 11 form part of these financial statements.
Page 3
FG1 CAPITAL INVESTMENTS LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE PERIOD ENDED 31 DECEMBER 2025
1. | General information
FG1 Capital Investments Limited is a private company limited by shares and incorporated in England and Wales. The Company's registered number is 15961878 and registered office is 10 Queen Street Place, London, United Kingdom, EC4R 1AG. The Company was incorporated on 17 September 2024 and commenced trading on the same date. The financial statements presented reflect the first period of account for the Company and no comparative figures are presented. The principal activity is recruitment. 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 FRS 102 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland' and the requirements of 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
During the period the Company made a loss of £32,060 and as at the year end the Company had net liabilities of £31,872 and a cash position of £4,100. The financial statements have been prepared on a going concern basis. The directors consider there to be sufficient existing resources to operate for the foreseeable future and to enable the Company to meet its liabilities as they fall due. Since the period end, the Company has returned to profitability, with net liabilities reducing to net assets of £105,101 by 31 March 2026, and the loan from Fourteen Capital Partners Limited is being repaid from trading cash flows. On this basis the directors have concluded that the going concern assumption is appropriate in preparing these financial statements. Page 4
FG1 CAPITAL INVESTMENTS LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE PERIOD ENDED 31 DECEMBER 2025 2.Accounting policies (continued)
| 2.3 | 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 Comprehensive Income within 'finance income or costs'. All other foreign exchange gains and losses are presented in profit or loss within 'other operating income'.
| 2.4 | Revenue
Revenue is recognised to the extent 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 Company generates revenue from the provision of recruitment services, including the placement of permanent candidates and the supply of contractors. Permanent placements Revenue from permanent placement services is recognised at the point at which the candidate starts their employment and all material conditions of the placement have been satisfied, being the point at which the Company has a present right to consideration. Contractor revenue Revenue from the provision of contractors is recognised over time as the services are delivered, typically based on timesheets approved by the client. The Company acts as principal in these arrangements, as it controls the provision of the contractor’s services to the client and is responsible for fulfilling the contract. Accordingly, revenue is recognised on a gross basis, being the amounts invoiced to clients, with the related contractor costs recognised within cost of sales.
| 2.5 | Interest income
Interest income is recognised in profit or loss using the effective interest method. Page 5
FG1 CAPITAL INVESTMENTS LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE PERIOD ENDED 31 DECEMBER 2025 2.Accounting policies (continued)
| 2.6 | 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.
| 2.7 | 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.
| 2.8 | Current and deferred taxation
The tax expense for the Period 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.
| 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. Page 6
FG1 CAPITAL INVESTMENTS LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE PERIOD ENDED 31 DECEMBER 2025 2.Accounting policies (continued)
| 2.9 | Tangible fixed assets (continued)
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:
|  |  |  | Computer equipment | - | 33% | straight line method
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 | 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.
| 2.13 | Provisions for liabilities
Provisions are recognised when an event has taken place that gives rise to a legal or constructive obligation, a transfer of economic benefits is probable and a reliable estimate can be made. Provisions are measured as the best estimate of the amount required to settle the obligation, taking into account the related risks and uncertainties. Increases in provisions are generally charged as an expense to profit or loss.
3. | Judgments in applying accounting policies and key sources of estimation uncertainty
The preparation of financial statements requires management to make judgments, estimates and assumptions about the carrying values of assets and liabilities that are not readily apparent from other sources. The estimates and underlying assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates. The estimates and underlying assumptions are reviewed on a continuing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised if the revision affects only that period, or in the period of the revision and future periods if the revision affects both current and future periods. Page 7
FG1 CAPITAL INVESTMENTS LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE PERIOD ENDED 31 DECEMBER 2025
4. | Employees
| The average monthly number of employees, including directors, during the period was 1.
5. | Tangible fixed assets
|  | Computer equipment
|  | £
| Cost or valuation |
| Additions | 5,029
| At 31 December 2025 | 5,029
| Depreciation |
| Charge for the period | 1,764
| At 31 December 2025 | 1,764
| Net book value |
| At 31 December 2025 | 3,265
Page 8
FG1 CAPITAL INVESTMENTS LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE PERIOD ENDED 31 DECEMBER 2025
6. | Debtors
|  |  |  |  | 2025
|  |  |  |  | £
| Trade debtors | 476,781
| Other debtors | 78,194
| Prepayments | 1,298
| Deferred taxation | 5,254
|  | 561,527
7. | Creditors: Amounts falling due within one year
|  |  |  |  | 2025
|  |  |  |  | £
| Trade creditors | 186,156
| Other creditors | 366,231
| Accruals | 48,377
|  | 600,764
Page 9
FG1 CAPITAL INVESTMENTS LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE PERIOD ENDED 31 DECEMBER 2025
8. | Deferred taxation
|  | 2025
|  | £
| Charged to profit or loss | 5,254
| At end of year | 5,254
| The deferred tax asset is made up as follows:
|  |  |  |  | 2025
|  |  |  |  | £
| Fixed asset timing differences | (816)
| Short term timing differences | 3,847
| Losses and other deductions | 2,223
|  | 5,254
| A deferred tax asset has been recognised as the Company has returned to profitability in the first 3 months to 31 March 2026 and has a strong pipeline and revenue projections for the remainder of FY26.
9. | Share capital
|  |  |  |  | 2025
|  |  |  |  | £
|  | Allotted, called up and fully paid |
|  | 18,750 Ordinary shares of £0.01 each | 188
Upon incorporation, 37 ordinary shares were issued at £1 per share. On 10 December 2025, there was a sub-division of these shares to convert them to 3,700 shares issued at £0.01 per share and there was an issue of a further 15,050 shares at £0.01 per share.
10. | Pension commitments
The Company operates a defined contribution 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 £2,871. Contributions totaling £Nil were payable to the fund at the reporting date and are included in creditors. Page 10
FG1 CAPITAL INVESTMENTS LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE PERIOD ENDED 31 DECEMBER 2025
11. | 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
|  |  |  |  | £
| Not later than 1 year | 73,102
| Later than 1 year and not later than 5 years | 13,298
|  | 86,400
| Operating lease commitments relates to office space.
12. | Related party transactions
| Included within creditors as at 31 December 2025 is a loan of £204,074 owing to Fourteen Capital Partners Ltd a company controlled by a person who is able to exercise significant influence over the Company. The loan is repayable on demand. Included within debtors is £5,000 owing from a director of the company. This amount is interest free and repayable on demand.
Page 11