Caseware UK (AP4) 2021.0.152 2021.0.152 2021-09-302021-09-3042020-10-01The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.falsetruetrueholding company4 12075176 2020-10-01 2021-09-30 12075176 2019-06-28 2020-09-30 12075176 2021-09-30 12075176 2020-09-30 12075176 c:Director3 2020-10-01 2021-09-30 12075176 d:CurrentFinancialInstruments 2021-09-30 12075176 d:CurrentFinancialInstruments 2020-09-30 12075176 d:CurrentFinancialInstruments d:WithinOneYear 2021-09-30 12075176 d:CurrentFinancialInstruments d:WithinOneYear 2020-09-30 12075176 d:ShareCapital 2021-09-30 12075176 d:ShareCapital 2020-09-30 12075176 d:SharePremium 2021-09-30 12075176 d:SharePremium 2020-09-30 12075176 d:RetainedEarningsAccumulatedLosses 2021-09-30 12075176 d:RetainedEarningsAccumulatedLosses 2020-09-30 12075176 c:OrdinaryShareClass1 2020-10-01 2021-09-30 12075176 c:OrdinaryShareClass1 2021-09-30 12075176 c:OrdinaryShareClass1 2020-09-30 12075176 c:FRS102 2020-10-01 2021-09-30 12075176 c:AuditExempt-NoAccountantsReport 2020-10-01 2021-09-30 12075176 c:FullAccounts 2020-10-01 2021-09-30 12075176 c:PrivateLimitedCompanyLtd 2020-10-01 2021-09-30 12075176 6 2020-10-01 2021-09-30 xbrli:shares iso4217:GBP xbrli:pure

Registered number: 12075176









VARLEY INTERNATIONAL HOLDINGS LIMITED







UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 30 SEPTEMBER 2021

 
VARLEY INTERNATIONAL HOLDINGS LIMITED
REGISTERED NUMBER: 12075176

BALANCE SHEET
AS AT 30 SEPTEMBER 2021

2021
2020
Note
£
£

Fixed assets
  

Investments
 4 
18
18

  
18
18

Current assets
  

Debtors: amounts falling due within one year
 5 
4,437,945
4,440,738

  
4,437,945
4,440,738

Creditors: amounts falling due within one year
 6 
(538,699)
(498,625)

Net current assets
  
 
 
3,899,246
 
 
3,942,113

Total assets less current liabilities
  
3,899,264
3,942,131

  

Net assets
  
3,899,264
3,942,131


Capital and reserves
  

Called up share capital 
 7 
33
33

Share premium account
  
3,999,987
3,999,987

Profit and loss account
  
(100,756)
(57,889)

  
3,899,264
3,942,131


Page 1

 
VARLEY INTERNATIONAL HOLDINGS LIMITED
REGISTERED NUMBER: 12075176
    
BALANCE SHEET (CONTINUED)
AS AT 30 SEPTEMBER 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 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 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 12 September 2022.




Benjamin Mead
Director

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

Page 2

 
VARLEY INTERNATIONAL HOLDINGS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2021

1.


General information

Varley International Holdings Limited is a private company limited by shares and incorporated in England
and Wales (registered number 12075176). The registered office is 64 New Cavendish Street, London, W1G 8TB.
The principal activity of the company is that of 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.

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. Given that the
company is in a net surplus position the directors consider it appropriate to prepare the financial
statements on a going concern basis.

 
2.3

Finance costs

Finance costs are charged to profit or loss over the term of the debt using the effective interest method so that the amount charged is at a constant rate on the carrying amount. Issue costs are initially recognised as a reduction in the proceeds of the associated capital instrument.

 
2.4

Valuation of investments

Investments in subsidiaries are measured at cost less accumulated impairment.

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.

Investments in listed company shares are remeasured to market value at each Balance Sheet date. Gains and losses on remeasurement are recognised in profit or loss for the period.

 
2.5

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.

Page 3

 
VARLEY INTERNATIONAL HOLDINGS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 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 the directors, during the Year was as follows:


         Year
     30 September
        Period
     30 September
        2021
        2020
            No.
            No.







Employees
4
4


4.


Fixed asset investments





Unlisted investments

£



Cost or valuation


At 1 October 2020
18



At 30 September 2021
18





5.


Debtors

2021
2020
£
£


Other debtors
4,437,945
4,440,738

4,437,945
4,440,738


Page 4

 
VARLEY INTERNATIONAL HOLDINGS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2021

6.


Creditors: Amounts falling due within one year

2021
2020
£
£

Trade creditors
8,416
-

Other creditors
490,957
493,750

Accruals and deferred income
39,326
4,875

538,699
498,625



7.


Share capital

2021
2020
£
£
Allotted, called up and fully paid



3,334 (2020 - 3,334) Ordinary shares of £0.01 each
33
33


 
Page 5