Caseware UK (AP4) 2022.0.179 2022.0.179 2023-03-312023-03-312Music marketing and investment holding.true2022-04-01false2falseThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. 12400892 2022-04-01 2023-03-31 12400892 2021-04-01 2022-03-31 12400892 2023-03-31 12400892 2022-03-31 12400892 2021-04-01 12400892 c:Director1 2022-04-01 2023-03-31 12400892 c:Director2 2022-04-01 2023-03-31 12400892 c:RegisteredOffice 2022-04-01 2023-03-31 12400892 d:CurrentFinancialInstruments 2023-03-31 12400892 d:CurrentFinancialInstruments 2022-03-31 12400892 d:CurrentFinancialInstruments d:WithinOneYear 2023-03-31 12400892 d:CurrentFinancialInstruments d:WithinOneYear 2022-03-31 12400892 d:ShareCapital 2023-03-31 12400892 d:ShareCapital 2022-03-31 12400892 d:ShareCapital 2021-04-01 12400892 d:RetainedEarningsAccumulatedLosses 2022-04-01 2023-03-31 12400892 d:RetainedEarningsAccumulatedLosses 2023-03-31 12400892 d:RetainedEarningsAccumulatedLosses 2021-04-01 2022-03-31 12400892 d:RetainedEarningsAccumulatedLosses 2022-03-31 12400892 d:RetainedEarningsAccumulatedLosses 2021-04-01 12400892 d:FinancialAssetsDesignatedFairValueThroughProfitOrLoss 2023-03-31 12400892 d:FinancialAssetsDesignatedFairValueThroughProfitOrLoss 2022-03-31 12400892 c:OrdinaryShareClass1 2022-04-01 2023-03-31 12400892 c:OrdinaryShareClass1 2023-03-31 12400892 c:OrdinaryShareClass1 2022-03-31 12400892 c:FRS102 2022-04-01 2023-03-31 12400892 c:AuditExempt-NoAccountantsReport 2022-04-01 2023-03-31 12400892 c:FullAccounts 2022-04-01 2023-03-31 12400892 c:PrivateLimitedCompanyLtd 2022-04-01 2023-03-31 12400892 2 2022-04-01 2023-03-31 12400892 6 2022-04-01 2023-03-31 xbrli:shares iso4217:GBP xbrli:pure

Registered number: 12400892









MINIATURE INVESTMENT LTD







UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 31 MARCH 2023

 
MINIATURE INVESTMENT LTD
 
 
COMPANY INFORMATION


Directors
M Dowling 
S Herbert 




Registered number
12400892



Registered office
Eighth Floor
6 New Street Square

New Fetter Lane

London

United Kingdom

EC4A 3AQ




Accountants
Rawlinson & Hunter LLP
Chartered Accountants

Eighth Floor

6 New Street Square

New Fetter Lane

London

EC4A 3AQ





 
MINIATURE INVESTMENT LTD
 

CONTENTS



Page
Balance Sheet
 
1 - 2
Statement of Changes in Equity
 
3
Notes to the Financial Statements
 
4 - 8


 
MINIATURE INVESTMENT LTD
REGISTERED NUMBER: 12400892

BALANCE SHEET
AS AT 31 MARCH 2023

2023
2022
As restated
Note
£
£

Fixed assets
  

Investments
 4 
515
34

  
515
34

Current assets
  

Debtors: amounts falling due within one year
 5 
4,000
10,493

Cash at bank and in hand
 6 
145,183
100,474

  
149,183
110,967

Creditors: amounts falling due within one year
 7 
(9,571)
(11,403)

Net current assets
  
 
 
139,612
 
 
99,564

Total assets less current liabilities
  
140,127
99,598

  

Net assets
  
140,127
99,598


Capital and reserves
  

Called up share capital 
 11 
100
100

Profit and loss account
  
140,027
99,498

  
140,127
99,598


Page 1

 
MINIATURE INVESTMENT LTD
REGISTERED NUMBER: 12400892
    
BALANCE SHEET (CONTINUED)
AS AT 31 MARCH 2023

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.

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



M Dowling
Director
Date: 26 September 2023

The notes on pages 4 to 8 form part of these financial statements.

Page 2

 
MINIATURE INVESTMENT LTD
 

STATEMENT OF CHANGES IN EQUITY
FOR THE YEAR ENDED 31 MARCH 2023


Called up share capital
Profit and loss account
Total equity

£
£
£


At 1 April 2021
100
34,781
34,881


Comprehensive income for the year

Profit for the year

-
94,717
94,717


Contributions by and distributions to owners

Dividends: Equity capital
-
(30,000)
(30,000)



At 1 April 2022
100
99,498
99,598


Comprehensive income for the year

Profit for the year

-
66,029
66,029


Contributions by and distributions to owners

Dividends: Equity capital
-
(25,500)
(25,500)


At 31 March 2023
100
140,027
140,127


The notes on pages 4 to 8 form part of these financial statements.

Page 3

 
MINIATURE INVESTMENT LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2023

1.


General information

Miniature Investment Ltd is a private company, limited by shares, incorporated in England and Wales with registration number of 12400892. The registered office is Eighth Floor, 6 New Street Square, New Fetter Lane, London, EC4A 3AQ. 

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

Exemption from preparing consolidated financial statements

The company, and the group headed by it, qualify as small as set out in section 383 of the Companies Act 2006 and the parent and group are considered eligible for the exemption to prepare consolidated accounts.

 
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

Interest income

Interest income is recognised in profit or loss using the effective interest method.

Page 4

 
MINIATURE INVESTMENT LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2023

2.Accounting policies (continued)

 
2.5

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.

 
2.6

Valuation of investments

Investments in subsidiaries are measured at cost less accumulated impairment.

 
2.7

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.

 
2.8

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.

 
2.9

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.

 
2.10

Financial instruments

The company only enters into basic financial instrument transactions that result in the recognition of
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.

 
2.11

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 year was 2 (2022 - 2).

Page 5

 
MINIATURE INVESTMENT LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2023

4.


Fixed asset investments





Investments in subsidiary companies (as restated)

£



Cost or valuation


At 1 April 2022 (as previously stated)
-


Prior Year Adjustment

34


At 1 April 2022 (as restated - see note 10)
34


Additions
481



At 31 March 2023
515






Net book value



At 31 March 2023
515



At 31 March 2022 (as restated)
34


5.


Debtors

2023
2022
£
£


Amounts owed by group undertakings
-
1,156

Other debtors
-
9,337

Prepayments and accrued income
4,000
-

4,000
10,493



6.


Cash and cash equivalents

2023
2022
£
£

Cash at bank and in hand
145,183
100,474


Page 6

 
MINIATURE INVESTMENT LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2023

7.


Creditors: Amounts falling due within one year

2023
2022
 As Restated
£
£

Trade creditors
829
-

Corporation tax
4,279
9,062

Other creditors
1,513
384

Accruals and deferred income
2,950
1,957

9,571
11,403



8.


Financial instruments

2023
2022
£
£

Financial assets


Financial assets measured at fair value through profit or loss
145,183
100,474




Financial assets measured at fair value through profit or loss comprise cash at bank.


9.


First time adoption of FRS 102

The policies applied under the entity's previous accounting framework are not materially different to FRS 102 and have no impacted on equity or profit or loss.

Page 7

 
MINIATURE INVESTMENT LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2023

10.


Prior year adjustment

Included in Other Creditors for the year ended 31 March 2022 is an adjustment of £34 in respect of the company's investment in Silent Knights Limited. There is no impact on the company's reserves.  

11.


Share capital

2023
2022
£
£
Allotted, called up and fully paid



100 (2022 - 100) Ordinary shares of £1 each
100
100


 
Page 8