Caseware UK (AP4) 2021.0.152 2021.0.152 2021-12-31132372572021-12-31The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.2021-03-02falsefalse20true 13237257 2021-03-02 2021-12-31 13237257 2020-03-02 2021-03-01 13237257 2021-12-31 13237257 2021-03-01 13237257 1 2021-03-02 2021-12-31 13237257 d:Director2 2021-03-02 2021-12-31 13237257 c:CurrentFinancialInstruments 2021-12-31 13237257 c:CurrentFinancialInstruments c:WithinOneYear 2021-12-31 13237257 c:ShareCapital 2021-12-31 13237257 c:RetainedEarningsAccumulatedLosses 2021-03-02 2021-12-31 13237257 c:RetainedEarningsAccumulatedLosses 2021-12-31 13237257 d:OrdinaryShareClass1 2021-03-02 2021-12-31 13237257 d:OrdinaryShareClass1 2021-12-31 13237257 d:FRS102 2021-03-02 2021-12-31 13237257 d:AuditExempt-NoAccountantsReport 2021-03-02 2021-12-31 13237257 d:FullAccounts 2021-03-02 2021-12-31 13237257 d:PrivateLimitedCompanyLtd 2021-03-02 2021-12-31 iso4217:GBP xbrli:shares xbrli:pure


















EHL 2021 Limited

Registered number: 13237257
Information for filing with the Registrar
For the period ended 31 December 2021

 
 13237257
31 December 2021
EHL 2021 LIMITED
REGISTERED NUMBER: 13237257

STATEMENT OF FINANCIAL POSITION
AS AT 31 DECEMBER 2021

2021
Note
£

Fixed assets
  

Investments
 4 
4,378,715

  
4,378,715

Current assets
  

Debtors: amounts falling due within one year
 5 
198,294

  
198,294

Creditors: amounts falling due within one year
 6 
(1,351,820)

Net current (liabilities)/assets
  
 
 
(1,153,526)

Total assets less current liabilities
  
3,225,189

  

Net assets
  
3,225,189


Capital and reserves
  

Called up share capital 
 7 
10

Profit and loss account
 8 
3,225,179

  
3,225,189


- 1 -

 
 13237257
31 December 2021
EHL 2021 LIMITED
REGISTERED NUMBER: 13237257
    
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 Company's financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

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 23 August 2022.




R L Shonn
Director

The notes on pages 3 to 6 form part of these financial statements.

- 2 -

 
 13237257
31 December 2021
EHL 2021 LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 DECEMBER 2021

1.


General information

EHL 2021 Limited ("the Company") is a private limited company limited by shares and registered in England and Wales, registered number 13237257. The registered address is The Old School House, 39 Bengal Street, Manchester, United Kingdom, M4 6AF.
The principal activity is that of a holding company.

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 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.

These financial statements have been presented in pound sterling which is the functional currency of the Company, and rounded to the nearest £.

The following principal accounting policies have been applied:

 
2.2

Going concern

The current economic conditions in light of the COVID-19 pandemic presents risks for all businesses. In response to such conditions, the Directors have carefully considered these risks, including an assessment of future trading for a period of at least 12 months from the date of signing the financial statements, and the extent to which any risks might affect the preparation of the financial statements on a going concern basis. The forecasts show that the Company will continue to trade within its available facilities. As such the Directors are to adopt the going concern basis of accounting in preparation of the annual financial statements.

 
2.3

Associates and joint ventures

Associates and Joint Ventures are held at 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

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.

 
2.6

Financial instruments

The Company only enters into basic financial instrument transactions that result in the recognition of
- 3 -

 
 13237257
31 December 2021
EHL 2021 LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 DECEMBER 2021

2.Accounting policies (continued)


2.6
Financial instruments (continued)

financial assets and liabilities like trade and other debtors and creditors, loans from banks and other third parties, loans to related parties and investments in ordinary shares.

Debt instruments (other than those wholly repayable or receivable within one year), including loans and other accounts receivable and payable, are initially measured at present value of the future cash flows and subsequently at amortised cost using the effective interest method. Debt instruments that are payable or receivable within one year, typically trade debtors and creditors, are measured, initially and subsequently, at the undiscounted amount of the cash or other consideration expected to be paid or received. However, if the arrangements of a short-term instrument constitute a financing transaction, like the payment of a trade debt deferred beyond normal business terms or in case of an out-right short-term loan that is not at market rate, the financial asset or liability is measured, initially at the present value of future cash flows discounted at a market rate of interest for a similar debt instrument and subsequently at amortised cost, unless it qualifies as a loan from a director in the case of a small company, or a public benefit entity concessionary loan.

Financial assets that are measured at cost and amortised cost are assessed at the end of each reporting period for objective evidence of impairment. If objective evidence of impairment is found, an impairment loss is recognised in the Statement of Comprehensive Income.

For financial assets measured at amortised cost, the impairment loss is measured as the difference between an asset's carrying amount and the present value of estimated cash flows discounted at the asset's original effective interest rate. If a financial asset has a variable interest rate, the discount rate for measuring any impairment loss is the current effective interest rate determined under the contract.

For financial assets measured at cost less impairment, the impairment loss is measured as the difference between an asset's carrying amount and best estimate of the recoverable amount, which is an approximation of the amount that the Company would receive for the asset if it were to be sold at the reporting date.

Financial assets and liabilities are offset and the net amount reported in the Statement of Financial Position when there is an enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.


3.


Employees

The average monthly number of employees, including the directors, during the period was as follows:


10 month period ended
     31 December
        2021
            No.






Employees
2

- 4 -

 
 13237257
31 December 2021
EHL 2021 LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 DECEMBER 2021

4.


Fixed asset investments





Investments in associates

£



Cost and net book value


Additions
4,378,715



At 31 December 2021
4,378,715





5.


Debtors

2021
£


Amounts owed by other related party
198,240

Other debtors
44

Called up share capital not paid
10

198,294



6.


Creditors: Amounts falling due within one year

2021
£

Other creditors
1,350,000

Accruals and deferred income
1,820

1,351,820



7.


Share capital

2021
£
Allotted, called up and fully paid


1,000 Ordinary shares of £0.01 each
10


All Ordinary shares issued during the period hold the right to vote and receive payments of dividends and distributions.

- 5 -

 
 13237257
31 December 2021
EHL 2021 LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 DECEMBER 2021

8.


Reserves

Profit and loss account

This reserve represents the cumulative profits and losses less dividends declared.


9.


Related party transactions

At the balance sheet date, £198,240 is owed from a related party under common control. 


10.


Post balance sheet events

On 24 February 2022 Russian Forces entered Ukraine, resulting in Western Nation reactions including announcements of sanctions against Russia and Russian interests worldwide and an economic ripple effect on the global economy. The Directors have carried out an assessment of the potential impact of Russian Forces entering Ukraine on the business, including the impact of mitigation measures and uncertainties, and have concluded that this is a non-adjusting post balance sheet event with the greatest impact on the business expected to be from the economic ripple effect on the global economy. The Directors have taken account of these potential impacts in their going concern assessment.


11.


Controlling party

The immediate and ultimate controlling party is Mr Richard Lee Shonn by virtue of his majority shareholding.

- 6 -