Cascade Interactive Limited Filleted accounts for Companies House (small and micro)

COMPANY REGISTRATION NUMBER: 15604918

Cascade Interactive Limited

Filleted Unaudited Financial Statements

31 March 2026

Cascade Interactive Limited

Financial Statements

Year ended 31 March 2026

Contents	Page

Statement of financial position	1

Notes to the financial statements	3

Cascade Interactive Limited

Statement of Financial Position

31 March 2026

	2026		2025
Note	£	£	£

Fixed assets

Intangible assets	6	2,618,715	1,061,106
Tangible assets	7	3,073	1,223
		------------	------------
		2,621,788	1,062,329

Current assets

Debtors	8	90,098	106,744
Cash at bank and in hand		53,791	144,611
		---------	---------
		143,889	251,355

Creditors: amounts falling due within one year	9	2,244,893		917,124
		------------		---------
Net current liabilities			2,101,004	665,769
			------------	------------
Total assets less current liabilities			520,784	396,560
			---------	---------
Net assets			520,784	396,560
			---------	---------

Capital and reserves

Share premium account	502,499	502,499
Profit and loss account	18,285	( 105,939)
	---------	---------
Shareholders funds	520,784	396,560
	---------	---------

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

In accordance with section 444 of the Companies Act 2006, the statement of comprehensive income has not been delivered.

For the year ending 31 March 2026 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

- The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476 ;

- The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .

Cascade Interactive Limited

Statement of Financial Position (continued)

31 March 2026

These financial statements were approved by the board of directors and authorised for issue on 26 October 2026 , and are signed on behalf of the board by:

Mr M Jones	Mr C Lee
Director	Director

Company registration number: 15604918

Cascade Interactive Limited

Notes to the Financial Statements

Year ended 31 March 2026

1. General information

The company is a private company limited by shares, registered in England and Wales. The address of the registered office is 27 New Dover Road, Canterbury, CT1 3DN, United Kingdom.

2. Statement of compliance

These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.

3. Accounting policies

Basis of preparation

The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.

The financial statements are prepared in sterling, which is the functional currency of the entity.

Going concern

The directors have considered the current liability position and due to the continued support of the shareholders they believe it is appropriate to continue to use the going concern basis for the preparation of the financial statements.

Revenue recognition

Turnover is measured at the fair value of the consideration received or receivable for goods supplied and services rendered, net of discounts and Value Added Tax. Revenue from the sale of goods is recognised when the significant risks and rewards of ownership have transferred to the buyer (usually on despatch of the goods); the amount of revenue can be measured reliably; it is probable that the associated economic benefits will flow to the entity; and the costs incurred or to be incurred in respect of the transactions can be measured reliably.

Income tax

The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in profit or loss, except to the extent that it relates to items recognised in other comprehensive income or directly in equity. In this case, tax is recognised in other comprehensive income or directly Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.

Foreign currencies

Foreign currency transactions are initially recorded in the functional currency, by applying the spot exchange rate as at the date of the transaction. Monetary assets and liabilities denominated in foreign currencies are translated at the exchange rate ruling at the reporting date, with any gains or losses being taken to the profit and loss account.

Intangible assets

Intangible assets are initially recorded at cost, and are subsequently stated at cost less any accumulated amortisation and impairment losses. Any intangible assets carried at revalued amounts, are recorded at the fair value at the date of revaluation, as determined by reference to an active market, less any subsequent accumulated amortisation and subsequent accumulated impairment losses.

Amortisation

Amortisation is calculated so as to write off the cost of an asset, less its estimated residual value, over the useful life of that asset as follows:

	Development costs	-	25% straight line

If there is an indication that there has been a significant change in amortisation rate, useful life or residual value of an intangible asset, the amortisation is revised prospectively to reflect the new estimates.

Research and development

Research expenditure is written off in the period in which it is incurred. Development expenditure incurred is capitalised as an intangible asset only when all of the following criteria are met: - It is technically feasible to complete the intangible asset so that it will be available for use or sale; - There is the intention to complete the intangible asset and use or sell it; - There is the ability to use or sell the intangible asset; - The use or sale of the intangible asset will generate probable future economic benefits; - There are adequate technical, financial and other resources available to complete the development and to use or sell the intangible asset; and - The expenditure attributable to the intangible asset during its development can be measured reliably. Expenditure that does not meet the above criteria is expensed as incurred.

Tangible assets

Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses. Any tangible assets carried at revalued amounts are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

Depreciation

Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:

	Equipment	-	25% straight line

Impairment of fixed assets

A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date.

Financial instruments

Financial instruments are classified and accounted for, according to the substance of the contractual arrangements entered into. Debtors and creditors with no stated interest rate and receivable or payable within one year are recorded at transaction price. Any losses arising from impairment are recognised in the profit and loss account in other administrative expenses. Loans and borrowings are initially recognised at the transaction price including transaction costs. Subsequently, they are measured at amortised cost using the effective interest rate method, less impairment. If an arrangement constitutes a finance transaction it is measured at present value

4. Employee numbers

The average number of persons employed by the company during the year amounted to 2 (2025: 2 ).

5. Ordinary share capital issued

The nominal value of each ordinary share is £0.00001. Due to 14,035 shares issued, the total value of issued share capital (£0.14035), does not appear separately on the face of the balance sheet due to the rounding convention applied in the financial statements.

6. Intangible assets

	Development costs
	£
Cost
At 1 April 2025	1,061,106
Additions	1,822,885
	------------
At 31 March 2026	2,883,991
	------------
Amortisation
Charge for the year	265,276
	------------
At 31 March 2026	265,276
	------------
Carrying amount
At 31 March 2026	2,618,715
	------------
At 31 March 2025	1,061,106
	------------

7. Tangible assets

	Equipment
	£
Cost
At 1 April 2025	1,249
Additions	2,547
	-------
At 31 March 2026	3,796
	-------
Depreciation
At 1 April 2025	26
Charge for the year	697
	-------
At 31 March 2026	723
	-------
Carrying amount
At 31 March 2026	3,073
	-------
At 31 March 2025	1,223
	-------

8. Debtors

	2026	2025
	£	£
Other debtors	90,098	106,744
	--------	---------

9. Creditors: amounts falling due within one year

	2026	2025
	£	£
Trade creditors	435,707	281,827
Corporation tax	4,520	–
Other creditors	1,804,666	635,297
	------------	---------
	2,244,893	917,124
	------------	---------

10. Related party transactions

At the year end the company owed the directors £1,081,637 (2025: £332,413). No interest has been charged on this balance.