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REGISTERED NUMBER: 13861067 (England and Wales)













FINANCIAL STATEMENTS

FOR THE PERIOD 20 JANUARY 2022 TO 30 JUNE 2023

FOR

FIVECAST UK LIMITED

FIVECAST UK LIMITED (REGISTERED NUMBER: 13861067)






CONTENTS OF THE FINANCIAL STATEMENTS
for the Period 20 January 2022 to 30 June 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


FIVECAST UK LIMITED

COMPANY INFORMATION
for the Period 20 January 2022 to 30 June 2023







DIRECTORS: D J Rivett
B Cooper





REGISTERED OFFICE: 10 John Street
London
WC1N 2EB





REGISTERED NUMBER: 13861067 (England and Wales)





AUDITORS: Oury Clark Chartered Accountants
Statutory Auditors
Herschel House
58 Herschel Street
Slough
Berkshire
SL1 1PG

FIVECAST UK LIMITED (REGISTERED NUMBER: 13861067)

BALANCE SHEET
30 June 2023

Notes £    £   
FIXED ASSETS
Tangible assets 4 13,661

CURRENT ASSETS
Debtors 5 127,071
Cash at bank 7,938
135,009
CREDITORS
Amounts falling due within one year 6 85,166
NET CURRENT ASSETS 49,843
TOTAL ASSETS LESS CURRENT
LIABILITIES

63,504

CAPITAL AND RESERVES
Called up share capital 8 1
Retained earnings 9 63,503
SHAREHOLDERS' FUNDS 63,504

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 20 October 2023 and were signed on its behalf by:





B Cooper - Director


FIVECAST UK LIMITED (REGISTERED NUMBER: 13861067)

NOTES TO THE FINANCIAL STATEMENTS
for the Period 20 January 2022 to 30 June 2023

1. STATUTORY INFORMATION

Fivecast UK Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

The company's trading address is: Tintagel House, 92 Albert Embankment, London SAE1 7TY.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

The company has obtained a letter of support from the parent company. The directors of the parent company have provided a commitment to provide any financial support which may be necessary in order for the company to meet liabilities, as they fall due, for a period of at least 12 months and 1 day from the signing of the audit report. As a result of this commitment the directors have continued to adopt the going concern basis in preparing these financial statements.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Turnover is calculated on cost plus basis, and is recharged to a fellow group undertaking. The revenue is recognised when the relevant costs have been incurred.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery - 2 years straight-line

Financial instruments
Basic financial instruments as covered by Section 11 of FRS102 are measured at amortised cost. The company does not have any other financial instruments as covered by Section 12 of FRS102.

Taxation
Taxation for the period comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the period end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

FIVECAST UK LIMITED (REGISTERED NUMBER: 13861067)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Period 20 January 2022 to 30 June 2023

2. ACCOUNTING POLICIES - continued

Foreign currencies
Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the period was 4 .

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
Additions 18,734
At 30 June 2023 18,734
DEPRECIATION
Charge for period 5,073
At 30 June 2023 5,073
NET BOOK VALUE
At 30 June 2023 13,661

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
£   
Amounts owed by group undertakings 83,158
Other debtors 43,913
127,071

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
£   
Trade creditors 24,290
Taxation and social security 35,017
Other creditors & accruals 25,859
85,166

FIVECAST UK LIMITED (REGISTERED NUMBER: 13861067)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Period 20 January 2022 to 30 June 2023

7. LEASING AGREEMENTS

Minimum lease payments under non-cancellable operating leases fall due as follows:
£   
Within one year 16,830

8. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal
value: £   
1 Ordinary £1 1

1 Ordinary share of £1 was allotted and fully paid for cash at par during the period.

9. RESERVES
Retained
earnings
£   

Profit for the period 63,503
At 30 June 2023 63,503

10. DISCLOSURE UNDER SECTION 444(5B) OF THE COMPANIES ACT 2006

The Report of the Auditors was unqualified.

Emma Crowley (Senior Statutory Auditor)
for and on behalf of Oury Clark Chartered Accountants

We would like to draw your attention to the following statement contained within our audit report as included within the full financial statements:-
"Use of our report
This report is made solely to the company's members, as a body, in accordance with Chapter 3 of Part 16 of the Companies Act 2006. Our audit work has been undertaken so that we might state to the company's members those matters we are required to state to them in a Report of the Auditors and for no other purpose. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the company and the company's members as a body, for our audit work, for this report, or for the opinions we have formed."

11. ULTIMATE CONTROLLING PARTY

There is no ultimate controlling party.

12. ULTIMATE PARENT COMPANY

The ultimate parent company is Fivecast Holding Company Pty Ltd, a company incorporated in Australia. Its registered office is 80 Hutt Street, Adelaide SA 5000, Australia. Consolidated accounts are prepared but are not publicly available.