Caseware UK (AP4) 2022.0.179 2022.0.179 2022-12-312022-12-31falsetrueHoilding CompanyThree Six Zero, LP42022-05-27false 14137769 2022-05-26 14137769 2022-05-27 2022-12-31 14137769 2021-05-27 2022-05-26 14137769 2022-12-31 14137769 c:Director1 2022-05-27 2022-12-31 14137769 d:CurrentFinancialInstruments 2022-12-31 14137769 d:CurrentFinancialInstruments d:WithinOneYear 2022-12-31 14137769 d:ShareCapital 2022-05-27 2022-12-31 14137769 d:ShareCapital 2022-12-31 14137769 d:RetainedEarningsAccumulatedLosses 2022-05-27 2022-12-31 14137769 d:RetainedEarningsAccumulatedLosses 2022-12-31 14137769 c:OrdinaryShareClass1 2022-05-27 2022-12-31 14137769 c:OrdinaryShareClass1 2022-12-31 14137769 c:OrdinaryShareClass2 2022-05-27 2022-12-31 14137769 c:OrdinaryShareClass2 2022-12-31 14137769 c:FRS102 2022-05-27 2022-12-31 14137769 c:Audited 2022-05-27 2022-12-31 14137769 c:FullAccounts 2022-05-27 2022-12-31 14137769 c:PrivateLimitedCompanyLtd 2022-05-27 2022-12-31 14137769 c:SmallCompaniesRegimeForAccounts 2022-05-27 2022-12-31 14137769 2 2022-05-27 2022-12-31 14137769 6 2022-05-27 2022-12-31 xbrli:shares iso4217:GBP xbrli:pure

Registered number: 14137769









THREE SIX ZERO SPV4 LIMITED









FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE PERIOD ENDED 31 DECEMBER 2022

 
THREE SIX ZERO SPV4 LIMITED
REGISTERED NUMBER: 14137769

BALANCE SHEET
AS AT 31 DECEMBER 2022

2022
Note
£

Fixed assets
  

Investments
 4 
1,423,834

  
1,423,834

Current assets
  

Debtors: amounts falling due within one year
 5 
18,000

  
18,000

Creditors: amounts falling due within one year
 6 
(602,828)

Net current (liabilities)/assets
  
 
 
(584,828)

Total assets less current liabilities
  
839,006

  

Net assets
  
839,006


Capital and reserves
  

Called up share capital 
 7 
698,587

Profit and loss account
  
140,419

  
839,006


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 by: 




................................................
M Gillespie
Director

Date: 22 September 2023

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

Page 1

 
THREE SIX ZERO SPV4 LIMITED
 

STATEMENT OF CHANGES IN EQUITY
FOR THE PERIOD ENDED 31 DECEMBER 2022


Called up share capital
Profit and loss account
Total equity

£
£
£



Profit for the period

-
140,419
140,419

Shares issued during the period
698,587
-
698,587


At 31 December 2022
698,587
140,419
839,006

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

Page 2

 
THREE SIX ZERO SPV4 LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 DECEMBER 2022

1.


General information

Three Six Zero SPV4 Limited is a limited company incorporated and registered in England and Wales. Its registered office is C/O Hillier Hopkins LLP, Ground Floor, 45 Pall Mall, London, SW1Y 5JG.
The principal activity of the Company is that of a holding company.
The Company was incorporated on 27 May 2022.

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

Investment income

Investment income is generated from distributions received from joint ventures. Income is recognised when the right to that income is earned.

 
2.3

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.

 
2.4

Associates and joint ventures

Associates and Joint Ventures are held at cost less impairment.

 
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.

 
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.

Page 3

 
THREE SIX ZERO SPV4 LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 DECEMBER 2022

2.Accounting policies (continued)

 
2.7

Financial instruments

Financial instruments are recognised in the Company's Balance Sheet when the Company becomes party to the contractual provisions of the instrument.

Basic financial assets

Basic financial assets, which include trade and other receivables, cash and bank balances, are initially measured at their transaction price including transaction costs and are subsequently carried at their amortised cost using the effective interest method, less any provision for impairment, 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.

Discounting is omitted where the effect of discounting is immaterial. The Company's cash and cash equivalents, trade and most other receivables due with the operating cycle fall into this category of financial instruments.


3.


Employees

The average monthly number of employees, including the directors, during the period was as follows:


        2022
            No.






Directors
4


4.


Fixed asset investments





Unlisted investments
Investment in joint ventures
Total

£
£
£



Cost or valuation


At 27 May 2022
698,586
725,248
1,423,834



At 31 December 2022
698,586
725,248
1,423,834




Page 4

 
THREE SIX ZERO SPV4 LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 DECEMBER 2022

5.


Debtors

2022
£


Amounts owed by group undertakings
18,000

18,000



6.


Creditors: Amounts falling due within one year

2022
£

Amounts owed to group undertakings
598,988

Accruals and deferred income
3,840

602,828



7.


Share capital

2022
£
Allotted, called up and fully paid


1 Ordinary share of £1.00
1
698,586 Ordinary C shares of £1.00 each
698,586

698,587


Upon incorporation, 1 Ordinary A share of £1.00 was issued at par.
On 9 June 2022, the Company received 814,725 Class C Units in Three Six Zero, LP valued at £698,586 in consideration for the issuance of 698,596 Ordinary C shares of £1.00 each. 


8.


Related party transactions

At the balance sheet date, the Company owed group companies £598,988.
At the balance sheet date, the Company was owed £18,000 by group companies.
During the period, there was no key management personnel remuneration paid.

Page 5

 
THREE SIX ZERO SPV4 LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 DECEMBER 2022

9.


Controlling party

The immediate parent company is Three Six Zero, LP, a Limited Partnership incorporated and registered in the United States of America.
In the opinion of the Directors, there is no ultimate controlling party.


10.


Auditor's information

The auditor's report on the financial statements for the period ended 31 December 2022 was unqualified.

The audit report was signed on 25 September 2023 by Michael Jacoby FCA (Senior Statutory Auditor) on behalf of Hillier Hopkins LLP.

 
Page 6