Caseware UK (AP4) 2022.0.179 2022.0.179 2023-04-302023-04-302The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.falseHolding company2022-05-01true2true 12109681 2022-05-01 2023-04-30 12109681 2021-05-01 2022-04-30 12109681 2023-04-30 12109681 2022-04-30 12109681 c:Director2 2022-05-01 2023-04-30 12109681 d:CurrentFinancialInstruments 2023-04-30 12109681 d:CurrentFinancialInstruments 2022-04-30 12109681 d:Non-currentFinancialInstruments 2023-04-30 12109681 d:Non-currentFinancialInstruments 2022-04-30 12109681 d:Non-currentFinancialInstruments d:AfterOneYear 2023-04-30 12109681 d:Non-currentFinancialInstruments d:AfterOneYear 2022-04-30 12109681 d:ShareCapital 2023-04-30 12109681 d:ShareCapital 2022-04-30 12109681 d:SharePremium 2023-04-30 12109681 d:SharePremium 2022-04-30 12109681 d:RetainedEarningsAccumulatedLosses 2023-04-30 12109681 d:RetainedEarningsAccumulatedLosses 2022-04-30 12109681 c:OrdinaryShareClass1 2022-05-01 2023-04-30 12109681 c:OrdinaryShareClass1 2023-04-30 12109681 c:OrdinaryShareClass1 2022-04-30 12109681 c:FRS102 2022-05-01 2023-04-30 12109681 c:AuditExempt-NoAccountantsReport 2022-05-01 2023-04-30 12109681 c:FullAccounts 2022-05-01 2023-04-30 12109681 c:PrivateLimitedCompanyLtd 2022-05-01 2023-04-30 12109681 6 2022-05-01 2023-04-30 iso4217:GBP xbrli:shares xbrli:pure

Registered number: 12109681









EPI 3000 LIMITED







UNAUDITED

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 APRIL 2023

 
EPI 3000 LIMITED
REGISTERED NUMBER: 12109681

STATEMENT OF FINANCIAL POSITION
AS AT 30 APRIL 2023

2023
2022
Note
£
£

Fixed assets
  

Investments
 4 
3,110,434
3,110,434

  
3,110,434
3,110,434

Current assets
  

Debtors: amounts falling due within one year
 5 
200,000
-

Cash at bank and in hand
  
87
87

  
200,087
87

Total assets less current liabilities
  
 
 
3,310,521
 
 
3,110,521

Creditors: amounts falling due after more than one year
 6 
(1,030,511)
(1,030,511)

  

Net assets
  
2,280,010
2,080,010


Capital and reserves
  

Called up share capital 
 7 
4,001
4,001

Share premium account
  
36,009
36,009

Profit and loss account
  
2,240,000
2,040,000

  
2,280,010
2,080,010


Page 1

 
EPI 3000 LIMITED
REGISTERED NUMBER: 12109681
    
STATEMENT OF FINANCIAL POSITION (CONTINUED)
AS AT 30 APRIL 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 statement of income and retained earnings 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: 




................................................
S Warburton
Director

Date: 2 October 2023

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

Page 2

 
EPI 3000 LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2023

1.


General information

The principal activity of EPI 3000 Limited  is that of a holding company.
The Company is a private company limited by shares, incorporated in England and Wales.
The registered office of the Company is Unit 1, Saxon Way, Melbourn, Royston, Hertfordshire, SG8 6DN.

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

Valuation of investments

Investments in subsidiaries are measured at cost less accumulated impairment.

 
2.3

Financial instruments

The Company only enters into basic financial instruments and transactions that result in the
recognition of financial assets and liabilities like trade and other debtors and creditors and loans to
and from related parties.
(i) Financial assets
Basic financial assets, including trade and other debtors, and amounts due from related companies,
are initially recognised at transaction price, unless the arrangement constitutes a financing
transaction, where the transaction is measured at the present value of the future receipts discounted
at a market rate of interest.
Such assets are subsequently carried at amortised cost using the effective interest method.
At the end of each reporting period financial assets measured at amortised cost are assessed for
objective evidence of impairment. If an asset is impaired the impairment loss is the difference
between the carrying amount and the present value of the estimated cash flows discounted at the
asset’s original effective interest rate. The impairment loss is recognised in the Statement of Income
and Retained Earnings.
Financial assets are derecognised when (a) the contractual rights to the cash flows from the asset
expire or are settled, or (b) substantially all the risks and rewards of the ownership of the asset are
transferred to another party or (c) control of the asset has been transferred to another party who has
the practical ability to unilaterally sell the asset to an unrelated third party without imposing additional
restrictions.
 
Page 3

 
EPI 3000 LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2023

2.Accounting policies (continued)


2.3
Financial instruments (continued)


(ii) Financial liabilities
Basic financial liabilities, including trade and other creditors and accruals, are initially recognised at
transaction price, unless the arrangement constitutes a financing transaction, where the debt
instrument is measured at the present value of the future receipts discounted at a market rate of
interest.
Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary
course of business from suppliers. Trade creditors are classified as current liabilities if payment is
due within one year or less. If not, they are presented as non-current liabilities. Trade creditors are
recognised initially at transaction price and subsequently measured at amortised cost using the
effective interest method.
Financial liabilities are derecognised when the liability is extinguished, that is when the contractual
obligation is discharged, cancelled or expires.

 
2.4

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 4

 
EPI 3000 LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2023

4.


Fixed asset investments





Investments in subsidiary companies

£



Cost or valuation


At 1 May 2022
3,110,434



At 30 April 2023
3,110,434





5.


Debtors

2023
2022
£
£


Amounts owed by group undertakings
200,000
-

200,000
-



6.


Creditors: Amounts falling due after more than one year

2023
2022
£
£

Amounts owed to group undertakings
1,030,511
1,030,511

1,030,511
1,030,511



7.


Share capital

2023
2022
£
£
Allotted, called up and fully paid



40,010 (2022 - 40,010) Ordinary shares of £0.10 each
4,001
4,001



8.


Related party transactions

The company has secured £56,841 (2022: £66,062) of bank borrowing of a subsidiary with fixed and floating charges over the assets of the company.

Page 5