Caseware UK (AP4) 2021.0.152 2021.0.152 2021-12-312021-12-31false2021-01-01Holding Cimpany00falsetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. 07596507 2021-01-01 2021-12-31 07596507 2020-01-01 2020-12-31 07596507 2021-12-31 07596507 2020-12-31 07596507 2020-01-01 07596507 c:Director5 2021-01-01 2021-12-31 07596507 d:CurrentFinancialInstruments 2021-12-31 07596507 d:CurrentFinancialInstruments 2020-12-31 07596507 d:CurrentFinancialInstruments d:WithinOneYear 2021-12-31 07596507 d:CurrentFinancialInstruments d:WithinOneYear 2020-12-31 07596507 d:ShareCapital 2021-01-01 2021-12-31 07596507 d:ShareCapital 2021-12-31 07596507 d:ShareCapital 2020-12-31 07596507 d:ShareCapital 2020-01-01 07596507 d:SharePremium 2021-01-01 2021-12-31 07596507 d:SharePremium 2021-12-31 07596507 d:SharePremium 2020-12-31 07596507 d:SharePremium 2020-01-01 07596507 d:CapitalRedemptionReserve 2021-12-31 07596507 d:CapitalRedemptionReserve 2020-12-31 07596507 d:CapitalRedemptionReserve 2020-01-01 07596507 d:RetainedEarningsAccumulatedLosses 2021-01-01 2021-12-31 07596507 d:RetainedEarningsAccumulatedLosses 2021-12-31 07596507 d:RetainedEarningsAccumulatedLosses 2020-01-01 2020-12-31 07596507 d:RetainedEarningsAccumulatedLosses 2020-12-31 07596507 d:RetainedEarningsAccumulatedLosses 2020-01-01 07596507 c:OrdinaryShareClass1 2021-01-01 2021-12-31 07596507 c:OrdinaryShareClass1 2021-12-31 07596507 c:OrdinaryShareClass1 2020-12-31 07596507 c:FRS102 2021-01-01 2021-12-31 07596507 c:AuditExempt-NoAccountantsReport 2021-01-01 2021-12-31 07596507 c:FullAccounts 2021-01-01 2021-12-31 07596507 c:PrivateLimitedCompanyLtd 2021-01-01 2021-12-31 07596507 6 2021-01-01 2021-12-31 xbrli:shares iso4217:GBP xbrli:pure

Registered number: 07596507









PI INNOVO HOLDINGS LIMITED







UNAUDITED

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2021

 
PI INNOVO HOLDINGS LIMITED
REGISTERED NUMBER: 07596507

BALANCE SHEET
AS AT 31 DECEMBER 2021

2021
2020
Note
£
£

FIXED ASSETS
  

Investments
 4 
-
1

  
-
1

CURRENT ASSETS
  

Cash at bank and in hand
  
759
1,436

  
759
1,436

Creditors: amounts falling due within one year
 5 
-
(1,436)

NET CURRENT ASSETS
  
 
 
759
 
 
-

TOTAL ASSETS LESS CURRENT LIABILITIES
  
759
1

  

NET ASSETS
  
759
1


CAPITAL AND RESERVES
  

Called up share capital 
 6 
103
4

Share premium account
  
659
-

Capital redemption reserve
  
1
-

Profit and loss account
  
(4)
(3)

  
759
1


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 year 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 profit and loss account in accordance with provisions applicable to companies subject to the small companies' regime.

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PI INNOVO HOLDINGS LIMITED
REGISTERED NUMBER: 07596507
    
BALANCE SHEET (CONTINUED)
AS AT 31 DECEMBER 2021

The financial statements were approved and authorised for issue by the board and were signed on its behalf by: 






Mr S Metzger
Director

Date: 18 August 2022

The notes on pages 4 to 6 form part of these financial statements.

Page 2

 
PI INNOVO HOLDINGS LIMITED
 

STATEMENT OF CHANGES IN EQUITY
FOR THE YEAR ENDED 31 DECEMBER 2021


Called up share capital
Share premium account
Capital redemption reserve
Profit and loss account
Total equity

£
£
£
£
£


At 1 January 2020
4
-
-
1,433
1,437



Loss for the year
-
-
-
(1,436)
(1,436)



At 1 January 2021
4
-
-
(3)
1



Loss for the year
-
-
-
(1)
(1)

Purchase of own shares
-
-
1
-
1

Shares issued during the year
100
659
-
-
759

Shares redeemed during the year
(1)
-
-
-
(1)


At 31 December 2021
103
659
1
(4)
759


The notes on pages 4 to 6 form part of these financial statements.

Page 3

 
PI INNOVO HOLDINGS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2021

1.


GENERAL INFORMATION

Pi Innovo Holdings Limited is a private company limited by shares and incorporated in England. Its registered office is Salisbury House, Station Road, Cambridge, CB1 2LA.
The Company's functional and presentational currency is GBP.

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

INTANGIBLE ASSETS

Intangible assets are initially recognised at cost. After recognition, under the cost model, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

All intangible assets are considered to have a finite useful life. If a reliable estimate of the useful life cannot be made, the useful life shall not exceed ten years.

 
2.3

VALUATION OF INVESTMENTS

Investments in subsidiaries are measured at cost less accumulated impairment.

 
2.4

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.

 
2.5

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 Company has no employees other than the directors, who did not receive any remuneration (2020 - £NIL).

Page 4

 
PI INNOVO HOLDINGS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2021

4.


FIXED ASSET INVESTMENTS





Investments in subsidiary companies

£





At 1 January 2021
1


Disposals
(1)



At 31 December 2021
-






NET BOOK VALUE



At 31 December 2021
-



At 31 December 2020
1


5.


CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2021
2020
£
£

Accruals and deferred income
-
1,436

-
1,436


Page 5

 
PI INNOVO HOLDINGS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2021

6.


SHARE CAPITAL

2021
2020
£
£
ALLOTTED, CALLED UP AND FULLY PAID



103 (2020 - 4) Ordinary shares of £1 each
103
4


On 1 December 2021, the company allotted 100 Ordinary shares of £1 each at a rate of £7.5098 per share.
On the same date, the company repurchased and cancelled 1 Ordinary share of £1.

Page 6