Caseware UK (AP4) 2024.0.164 2024.0.164 2026-02-28 2026-02-28 false The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.1 false business and domestic software development true 2025-03-01 false 1 03025916 2025-03-01 2026-02-28 03025916 2024-03-01 2025-02-28 03025916 2026-02-28 03025916 2025-02-28 03025916 c:Director1 2025-03-01 2026-02-28 03025916 d:CurrentFinancialInstruments 2026-02-28 03025916 d:CurrentFinancialInstruments 2025-02-28 03025916 d:CurrentFinancialInstruments d:WithinOneYear 2026-02-28 03025916 d:CurrentFinancialInstruments d:WithinOneYear 2025-02-28 03025916 d:ShareCapital 2026-02-28 03025916 d:ShareCapital 2025-02-28 03025916 d:RetainedEarningsAccumulatedLosses 2026-02-28 03025916 d:RetainedEarningsAccumulatedLosses 2025-02-28 03025916 c:OrdinaryShareClass1 2025-03-01 2026-02-28 03025916 c:OrdinaryShareClass1 2026-02-28 03025916 c:FRS102 2025-03-01 2026-02-28 03025916 c:AuditExempt-NoAccountantsReport 2025-03-01 2026-02-28 03025916 c:FullAccounts 2025-03-01 2026-02-28 03025916 c:PrivateLimitedCompanyLtd 2025-03-01 2026-02-28 03025916 2 2025-03-01 2026-02-28 03025916 e:PoundSterling 2025-03-01 2026-02-28 xbrli:shares iso4217:GBP xbrli:pure

Registered number: 03025916 OCTOPUS SOFTWARE LIMITED UNAUDITED FINANCIAL STATEMENTS INFORMATION FOR FILING WITH THE REGISTRAR FOR THE YEAR ENDED 28 FEBRUARY 2026
OCTOPUS SOFTWARE LIMITED REGISTERED NUMBER: 03025916 STATEMENT OF FINANCIAL POSITION AS AT 28 FEBRUARY 2026
|  | 2026 |  | 2025
Note | £ | £ | £ | £
Current assets |  |  |  |  |
Debtors: amounts falling due within one year | 4 | 1,658,405 |  | 1,794,560 |
Cash at bank and in hand | 5 | 4,902 |  | 8,464 |
|  | 1,663,307 |  | 1,803,024 |
Creditors: amounts falling due within one year | 6 | (374,331) |  | (592,096) |
Net current assets |  |  | 1,288,976 |  | 1,210,928
Net assets |  |  | 1,288,976 |  | 1,210,928
Capital and reserves |  |  |  |  |
Called up share capital | 7 |  | 100 |  | 100
Profit and loss account |  |  | 1,288,876 |  | 1,210,828
|  |  | 1,288,976 |  | 1,210,928
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 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 21 August 2026.
J K Y Chang
Director
The notes on pages 2 to 4 form part of these financial statements. Page 1
OCTOPUS SOFTWARE LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 28 FEBRUARY 2026
1. | General information
Octopus Software Limited is a company limited by shares, incorporated in England and Wales. The address of the registered office is Octagon House, The Ridgeway, London, NW7 1RL. The principal activity of the company continues to be business and domestic software development. 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 director notes that the company is trading adequately and if this continues, it will have sufficient working capital and other finance available to continue for a period of not less than 12 months from the date of approval of the financial statements. As such the director believes that there are no significant uncertainties in his assessment of whether the business is a going concern and therefore has prepared the accounts on a going concern basis.
| 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 | Interest income
Interest income is recognised in the Statement of comprehensive income using the effective interest method. Page 2
OCTOPUS SOFTWARE LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 28 FEBRUARY 2026 2.Accounting policies (continued)
| 2.5 | 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 reporting date in the countries where the Company operates and generates income.
| 2.6 | 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.
| 2.7 | 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.
| 2.8 | 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.
| 2.9 | 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 1 (2025 - 1).
4. | Debtors
|  |  |  |  | 2026 | 2025
|  |  |  |  | £ | £
| Amounts owed by related party | 1,658,405 | 1,794,560
|  | 1,658,405 | 1,794,560
Page 3
OCTOPUS SOFTWARE LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 28 FEBRUARY 2026
5. | Cash and cash equivalents
|  |  |  |  | 2026 | 2025
|  |  |  |  | £ | £
| Cash at bank and in hand | 4,902 | 8,464
|  | 4,902 | 8,464
6. | Creditors: Amounts falling due within one year
|  |  |  |  | 2026 | 2025
|  |  |  |  | £ | £
| Trade creditors | - | 292
| Corporation tax | 179,285 | 396,576
| Other taxation and social security | 72,000 | 71,957
| Accruals and deferred income | 123,046 | 123,271
|  | 374,331 | 592,096
7. | Share capital
|  |  |  |  | 2026 | 2025
|  |  |  |  | £ | £
|  | Allotted, called up and fully paid |  |
|  | 100 Ordinary shares of £1 each | 100 | 100
8. | Related party transactions
| During the year, the company made sales of £1,440,000 (2025 - £1,590,000) to a company under common control. At the year end, the company was owed £1,658,405 (2025 - £1,794,560) from that company.
9. | Controlling party
The ultimate controlling party is Mr J K Y Chang by virtue of his 100% shareholding in the company.
Page 4