Caseware UK (AP4) 2021.0.152 2021.0.152 2021-12-312021-12-31false2020-12-010No description of principal activity3truetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. 13055054 2020-11-30 13055054 2020-12-01 2021-12-31 13055054 2019-12-01 2020-11-30 13055054 2021-12-31 13055054 c:Director2 2020-12-01 2021-12-31 13055054 d:CurrentFinancialInstruments 2021-12-31 13055054 d:CurrentFinancialInstruments d:WithinOneYear 2021-12-31 13055054 d:ShareCapital 2021-12-31 13055054 d:RetainedEarningsAccumulatedLosses 2021-12-31 13055054 c:FRS102 2020-12-01 2021-12-31 13055054 c:AuditExempt-NoAccountantsReport 2020-12-01 2021-12-31 13055054 c:FullAccounts 2020-12-01 2021-12-31 13055054 c:PrivateLimitedCompanyLtd 2020-12-01 2021-12-31 iso4217:GBP xbrli:pure

Registered number: 13055054









TAB TP BORROWER LIMITED







UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE PERIOD ENDED 31 DECEMBER 2021

 
TAB TP BORROWER LIMITED
REGISTERED NUMBER: 13055054

STATEMENT OF FINANCIAL POSITION
AS AT 31 DECEMBER 2021

2021
Note
£

  

Current assets
  

Debtors: amounts falling due within one year
 4 
4,152,258

Cash at bank and in hand
 5 
376,230

  
4,528,488

Creditors: amounts falling due within one year
 6 
(4,316,310)

Net current assets
  
 
 
212,178

Total assets less current liabilities
  
212,178

  

Net assets
  
212,178


Capital and reserves
  

Called up share capital 
  
1

Profit and loss account
  
212,177

  
212,178


Page 1

 
TAB TP BORROWER LIMITED
REGISTERED NUMBER: 13055054
    
STATEMENT OF FINANCIAL POSITION (CONTINUED)
AS AT 31 DECEMBER 2021

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 period 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 5 August 2022.




D L Kreeger
Director

The notes on pages 3 to 5 form part of these financial statements.

Page 2

 
TAB TP BORROWER LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 DECEMBER 2021

1.


General information

TAB TP Borrower Limited is a private company limited by shares and incorporated in England & Wales (registered number 13055054). The registered office is 64 New Cavendish Street, London, W1G 8TB.

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 Section 1A of Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006.

The following principal accounting policies have been applied:

 
2.2

Going concern

In assessing the ability of the company to operate as a going concern, management have evaluated current and forecasted operational results, and the solvency of the company. As a result, the directors consider it appropriate to prepare the financial statements on a going concern basis.
Potential sources of uncertainty noted by the directors include the COVID-19 pandemic. However, at the date of this report it is not possible to reliably determine the effects that this will have on the company.
 
Accordingly the directors have continued to prepare the financial statements on the 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

Borrowing costs

All borrowing costs are recognised in profit or loss in the period in which they are incurred.

Page 3

 
TAB TP BORROWER LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 DECEMBER 2021

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.


3.


Employees

The average monthly number of employees, including directors, during the period was 3.


4.


Debtors

2021
£


Amounts owed by group undertakings
86,566

Other debtors
4,065,692

4,152,258


Page 4

 
TAB TP BORROWER LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 DECEMBER 2021

5.


Cash and cash equivalents

2021
£

Cash at bank and in hand
376,230

376,230



6.


Creditors: Amounts falling due within one year

2021
£

Other loans
4,265,290

Corporation tax
49,770

Accruals and deferred income
1,250

4,316,310


 
Page 5