Caseware UK (AP4) 2021.0.152 2021.0.152 2021-12-302021-12-30false2false2020-12-312No description of principal activitytrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. 12034774 2020-12-31 2021-12-30 12034774 2019-12-31 2020-12-30 12034774 2021-12-30 12034774 2020-12-30 12034774 c:Director2 2020-12-31 2021-12-30 12034774 d:CurrentFinancialInstruments 2021-12-30 12034774 d:CurrentFinancialInstruments 2020-12-30 12034774 d:CurrentFinancialInstruments d:WithinOneYear 2021-12-30 12034774 d:CurrentFinancialInstruments d:WithinOneYear 2020-12-30 12034774 d:ShareCapital 2021-12-30 12034774 d:ShareCapital 2020-12-30 12034774 d:RetainedEarningsAccumulatedLosses 2021-12-30 12034774 d:RetainedEarningsAccumulatedLosses 2020-12-30 12034774 c:OrdinaryShareClass1 2020-12-31 2021-12-30 12034774 c:OrdinaryShareClass1 2021-12-30 12034774 c:OrdinaryShareClass1 2020-12-30 12034774 c:FRS102 2020-12-31 2021-12-30 12034774 c:Audited 2020-12-31 2021-12-30 12034774 c:FullAccounts 2020-12-31 2021-12-30 12034774 c:PrivateLimitedCompanyLtd 2020-12-31 2021-12-30 12034774 c:SmallCompaniesRegimeForAccounts 2020-12-31 2021-12-30 12034774 6 2020-12-31 2021-12-30 xbrli:shares iso4217:GBP xbrli:pure

Registered number: 12034774










STOCKFORD CIRCLE HOLDINGS LIMITED










FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 30 DECEMBER 2021



 
STOCKFORD CIRCLE HOLDINGS LIMITED
REGISTERED NUMBER: 12034774

BALANCE SHEET
AS AT 30 DECEMBER 2021

As restated
2021
2020
Note
£
£

Fixed assets
  

Investments
 4 
976,485
693,746

  
976,485
693,746

Current assets
  

Debtors: amounts falling due within one year
 5 
15,988
100

Cash at bank and in hand
 6 
40,858
39,959

  
56,846
40,059

Creditors: amounts falling due within one year
 7 
(894,337)
(656,372)

Net current liabilities
  
 
 
(837,491)
 
 
(616,313)

Total assets less current liabilities
  
138,994
77,433

  

Net assets
  
138,994
77,433


Capital and reserves
  

Called up share capital 
 9 
100
100

Profit and loss account
  
138,894
77,333

  
138,994
77,433


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 V Morris
Director

Date: 15 August 2022

The notes on pages 2 to 4 form part of these financial statements.

Page 1

 
STOCKFORD CIRCLE HOLDINGS LIMITED
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 DECEMBER 2021

1.


General information

Stockford Circle Holdings limited is limited by share capital incorporated in England and Wales, company number 12034774. The Company's registered office is located at Buckingham House, West Street, Newbury, Berkshire, RG14 1BE. 

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 preparation of financial statements in compliance with FRS 102 requires the use of certain critical accounting estimates. It also requires management to exercise judgment in applying the Company's accounting policies.

The company has a year end of 30 December 2021, however the financial statements include all transactions up to and including 31 December 2021, a policy permitted under Companies Act 2006 section 390.

The following principal accounting policies have been applied:

 
2.2

Going concern

The Company has made a small loss during the year. 
The parent company Stockford Limited has agreed to provide support and has confirmed to the Company that it will make available sufficient financial resources as required to enable the Company to meet its short term liabilities as they fall due for a period of at least 12 months from the date of approval of these financial statements.
In conclusion the directors consider that the Company will have adequate cash and other liquid resources to meet its commitments, and therefore the financial statements are appropriately prepared on a going concern basis.

 
2.3

Valuation of investments

Investments in unlisted Company shares, whose market value can be reliably determined, are remeasured to market value at each balance sheet date. Gains and losses on remeasurement are recognised in the Statement of comprehensive income for the period. Where market value cannot be reliably determined, such investments are stated at historic cost less impairment.

 
2.4

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.

 
2.5

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.

Page 2

 
STOCKFORD CIRCLE HOLDINGS LIMITED
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 DECEMBER 2021

2.Accounting policies (continued)

 
2.6

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 year was 2 (2020 - 2).


4.


Fixed asset investments





Unlisted investments

£



Cost or valuation


At 31 December 2020 (as previously stated)
616,372


Prior Year Adjustment

77,374


At 31 December 2020 (as restated)
693,746


Additions
282,739



At 30 December 2021
976,485





5.


Debtors

2021
2020
£
£


Other debtors
100
100

Prepayments and accrued income
15,888
-



6.


Cash and cash equivalents

2021
2020
£
£

Cash at bank and in hand
40,858
39,959


Page 3

 
STOCKFORD CIRCLE HOLDINGS LIMITED
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 DECEMBER 2021

7.


Creditors: Amounts falling due within one year

2021
2020
£
£

Amounts owed to group undertakings
894,337
656,372



8.


Capital commitments

At the balance sheet date the company was committed to make a further investment of £723,515 into various unlisted investments.


9.


Share capital

2021
2020
£
£
Allotted, called up and fully paid



100 (2020 - 100) Ordinary shares of £1.00 each
100
100



10.


Prior year adjustment

A prior year adjustment has been made in respect of unlisted investments. Income from these unlisted investments was not previously accounted for correctly. Correcting this error has resulted in an increase of unlisted investments carrying value of £77,374 at 30 December 2020 and an increase in profit of £77,374 for the year ended 30 December 2020.


11.


Related party transactions

The Company is exempt from disclosing related party transactions with other 100% owned members of the Group headed by Stockford Limited by virtue of FRS 102 section 33.1A.


12.


Controlling party

The Company considers Stockford Limited, a company incorporated in England and Wales, to be its immediate and ultimate parent company throughout the current. Stockford Limited is the parent of both the largest and smallest groups in which the results of the company are consolidated. Copies of which are available from its registered office: Buckingham House, West Street, Newbury, Berkshire, RG14 1BE.


13.


Auditors' information

The auditors' report on the financial statements for the year ended 30 December 2021 was unqualified.

The audit report was signed on 30 August 2022 by Jonathan Baillie BA (Hons) FCCA ACA (Senior statutory auditor) on behalf of James Cowper Kreston.


Page 4