Caseware UK (AP4) 2022.0.179 2022.0.179 2022-05-312022-05-312021-05-20The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.falseNo description of principal activityfalse20true 13412012 2021-05-19 13412012 2021-05-20 2022-05-31 13412012 2020-05-20 2021-05-19 13412012 2022-05-31 13412012 c:Director1 2021-05-20 2022-05-31 13412012 c:Director2 2021-05-20 2022-05-31 13412012 d:CurrentFinancialInstruments 2022-05-31 13412012 d:CurrentFinancialInstruments d:WithinOneYear 2022-05-31 13412012 d:ShareCapital 2022-05-31 13412012 d:RetainedEarningsAccumulatedLosses 2022-05-31 13412012 c:OrdinaryShareClass1 2021-05-20 2022-05-31 13412012 c:OrdinaryShareClass1 2022-05-31 13412012 c:FRS102 2021-05-20 2022-05-31 13412012 c:AuditExempt-NoAccountantsReport 2021-05-20 2022-05-31 13412012 c:FullAccounts 2021-05-20 2022-05-31 13412012 c:PrivateLimitedCompanyLtd 2021-05-20 2022-05-31 13412012 6 2021-05-20 2022-05-31 xbrli:shares iso4217:GBP xbrli:pure

Registered number: 13412012









TORAH CAPITAL LIMITED







UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE PERIOD ENDED 31 MAY 2022

 
TORAH CAPITAL LIMITED
REGISTERED NUMBER: 13412012

BALANCE SHEET
AS AT 31 MAY 2022

2022
Note
£

Fixed assets
  

Investments
 4,6 
1

  
1

Current assets
  

Debtors: amounts falling due within one year
 5 
70,173

Cash at bank and in hand
 7 
29,407

  
99,580

Creditors: amounts falling due within one year
 8 
(38,886)

Net current assets
  
 
 
60,694

Total assets less current liabilities
  
60,695

  

Net assets
  
60,695


Capital and reserves
  

Called up share capital 
 9 
100

Profit and loss account
  
60,595

  
60,695


Page 1

 
TORAH CAPITAL LIMITED
REGISTERED NUMBER: 13412012
    
BALANCE SHEET (CONTINUED)
AS AT 31 MAY 2022

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 by: 




Y L S Abramson
R J Lovat
Director
Director


Date: 27 September 2023

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

Page 2

 
TORAH CAPITAL LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 MAY 2022

1.


General information

Torah Capital Limited is a private company limited by shares and incorporated in England and Wales (registered number: 13412012). The registered office is 101 New Cavendish Street, 1st Floor South, London, W1W 6XH.
The company was incorporated on 20 May 2021 and began trading on the same day.

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.

 
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

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 balance sheet date in the countries where the Company operates and generates income.

Page 3

 
TORAH CAPITAL LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 MAY 2022

2.Accounting policies (continued)

 
2.5

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.

 
2.6

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.

 
2.9

Dividends

Equity dividends are recognised when they become legally payable. Interim equity dividends are recognised when paid. Final equity dividends are recognised when approved by the shareholders at an annual general meeting.


3.


Employees

The average monthly number of employees, including directors, during the Period was 2.

Page 4

 
TORAH CAPITAL LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 MAY 2022

4.


Fixed asset investments





Investments in subsidiary companies

£



Cost or valuation


Additions
1



At 31 May 2022
1





5.


Debtors

2022
£


Other debtors
70,173

70,173



6.


Current asset investments





7.


Cash and cash equivalents

2022
£

Cash at bank and in hand
29,407

29,407


Page 5

 
TORAH CAPITAL LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 MAY 2022

8.


Creditors: Amounts falling due within one year

2022
£

Corporation tax
21,297

Other creditors
14,889

Accruals and deferred income
2,700

38,886



9.


Share capital

2022
£
Allotted, called up and fully paid


100 Ordinary shares of £1.00 each
100


The company issued 100 Ordinary shares of £1.00 each at incorporation.

 
Page 6