Caseware UK (AP4) 2022.0.179 2022.0.179 2023-03-312023-03-31false2022-04-01No description of principal activity45falsetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. 07490248 2022-04-01 2023-03-31 07490248 2021-04-01 2022-03-31 07490248 2023-03-31 07490248 2022-03-31 07490248 c:Director1 2022-04-01 2023-03-31 07490248 c:Director3 2022-04-01 2023-03-31 07490248 c:RegisteredOffice 2022-04-01 2023-03-31 07490248 d:CurrentFinancialInstruments 2023-03-31 07490248 d:CurrentFinancialInstruments 2022-03-31 07490248 d:CurrentFinancialInstruments d:WithinOneYear 2023-03-31 07490248 d:CurrentFinancialInstruments d:WithinOneYear 2022-03-31 07490248 d:ShareCapital 2023-03-31 07490248 d:ShareCapital 2022-03-31 07490248 d:SharePremium 2023-03-31 07490248 d:SharePremium 2022-03-31 07490248 d:RetainedEarningsAccumulatedLosses 2023-03-31 07490248 d:RetainedEarningsAccumulatedLosses 2022-03-31 07490248 c:FRS102 2022-04-01 2023-03-31 07490248 c:AuditExempt-NoAccountantsReport 2022-04-01 2023-03-31 07490248 c:FullAccounts 2022-04-01 2023-03-31 07490248 c:PrivateLimitedCompanyLtd 2022-04-01 2023-03-31 07490248 6 2022-04-01 2023-03-31 07490248 3 2023-03-31 07490248 3 2022-03-31 iso4217:GBP xbrli:pure
Company registration number: 07490248







UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED
31 MARCH 2023


CREALO HOLDINGS LIMITED






































                        

 


CREALO HOLDINGS LIMITED
 


 
COMPANY INFORMATION


Directors
R J Read 
D L Ticlo 




Registered number
07490248



Registered office
Elm House
Shackleford Road

Elstead

GU8 6LB




Accountants
Menzies LLP
Chartered Accountants

Ashcombe House

5 The Crescent

Leatherhead

Surrey

KT22 8DY





 


CREALO HOLDINGS LIMITED
 



CONTENTS



Page
Statement of Financial Position
1 - 2
Notes to the Financial Statements
3 - 5


 


CREALO HOLDINGS LIMITED
REGISTERED NUMBER:07490248



STATEMENT OF FINANCIAL POSITION
AS AT 31 MARCH 2023

2023
2022
Note
£
£

Fixed assets
  

Investments
 4 
1,204,527
1,204,527

  
1,204,527
1,204,527

Current assets
  

Debtors: amounts falling due within one year
 5 
5,709
17,089

Cash at bank and in hand
  
225,980
53,256

  
231,689
70,345

Creditors: amounts falling due within one year
 6 
(39,093)
(49,928)

Net current assets
  
 
 
192,596
 
 
20,417

Total assets less current liabilities
  
1,397,123
1,224,944

  

Net assets
  
1,397,123
1,224,944


Capital and reserves
  

Allotted, called up and fully paid share capital
  
118,106
118,106

Share premium account
  
316
316

Profit and loss account
  
1,278,701
1,106,522

  
1,397,123
1,224,944


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.

Page 1

 


CREALO HOLDINGS LIMITED
REGISTERED NUMBER:07490248


    
STATEMENT OF FINANCIAL POSITION (CONTINUED)
AS AT 31 MARCH 2023

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: 




D L Ticlo
Director

Date: 4 October 2023

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

Page 2

 


CREALO HOLDINGS LIMITED
 


 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2023

1.


General information

Crealo Holdings Limited is a private company limited by shares incorporated in England and Wales. The address of the registered office is disclosed on the company information page. The address of the registered office is also the address of the principal place of business.

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

Revenue

Revenue is recognised from management charges received from group companies. 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.

 
2.3

Valuation of investments

Investments in subsidiaries are measured at cost less accumulated impairment.

 
2.4

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.

  
2.5

Exemption from preparing consolidated financial statements

The company has taken advantage of the option not to prepare consolidated financial statements contained in Section 405 of the Companies Act 2006 on the basis that the company and its subsidiary undertakings comprise a small group.

 
2.6

Pensions

Defined contribution pension plan

The company operates a defined contribution plan for its employees. A defined contribution plan is a pension plan under which the company pays fixed contributions into a separate entity. Once the contributions have been paid the company has no further payment obligations.

The contributions are recognised as an expense in profit or loss when they fall due. Amounts not paid are shown in accruals as a liability in the Statement of Financial Position. The assets of the plan are held separately from the company in independently administered funds.

Page 3

 


CREALO HOLDINGS LIMITED
 


 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2023

2.Accounting policies (continued)

 
2.7

Current and deferred tax

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 reporting date in the countries where the company operates and generates income.

Deferred tax balances are recognised in respect of all timing differences that have originated but not reversed by the Statement of Financial Position date, except that:
The recognition of deferred tax assets is limited to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits; and
Any deferred tax balances are reversed if and when all conditions for retaining associated tax allowances have been met.

Deferred tax balances are not recognised in respect of permanent differences except in respect of business combinations, when deferred tax is recognised on the differences between the fair values of assets acquired and the future tax deductions available for them and the differences between the fair values of liabilities acquired and the amount that will be assessed for tax. Deferred tax is determined using tax rates and laws that have been enacted or substantively enacted by the reporting date.


3.


Employees

The average monthly number of employees, including directors, during the year was 4 (2022 - 5).


4.


Fixed asset investments





Investment in subsidiary company

£



Cost or valuation


At 1 April 2022
1,204,527



At 31 March 2023
1,204,527






Net book value



At 31 March 2023
1,204,527



At 31 March 2022
1,204,527

Page 4

 


CREALO HOLDINGS LIMITED
 


 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2023

5.


Debtors

2023
2022
£
£


Amounts owed by group undertakings
5,709
17,089

5,709
17,089



6.


Creditors: Amounts falling due within one year

2023
2022
£
£

Amounts owed to group undertakings
2,448
-

Corporation tax
9,194
2,228

Other taxation and social security
9,182
10,274

Other creditors
12,225
33,226

Accruals and deferred income
6,044
4,200

39,093
49,928


 
Page 5