Caseware UK (AP4) 2022.0.179 2022.0.179 2022-12-312022-12-31false2022-03-22No description of principal activity2truetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. 13999517 2022-03-21 13999517 2022-03-22 2022-12-31 13999517 2021-01-01 2022-03-21 13999517 2022-12-31 13999517 c:Director1 2022-03-22 2022-12-31 13999517 d:CurrentFinancialInstruments 2022-12-31 13999517 d:CurrentFinancialInstruments d:WithinOneYear 2022-12-31 13999517 d:ShareCapital 2022-12-31 13999517 c:OrdinaryShareClass1 2022-03-22 2022-12-31 13999517 c:OrdinaryShareClass1 2022-12-31 13999517 c:OrdinaryShareClass2 2022-03-22 2022-12-31 13999517 c:OrdinaryShareClass2 2022-12-31 13999517 c:FRS102 2022-03-22 2022-12-31 13999517 c:AuditExempt-NoAccountantsReport 2022-03-22 2022-12-31 13999517 c:FullAccounts 2022-03-22 2022-12-31 13999517 c:PrivateLimitedCompanyLtd 2022-03-22 2022-12-31 13999517 6 2022-03-22 2022-12-31 xbrli:shares iso4217:GBP xbrli:pure

Registered number: 13999517










SE10 HOLDINGS LIMITED








UNAUDITED

FINANCIAL STATEMENTS

FOR THE PERIOD ENDED 31 DECEMBER 2022

 
SE10 HOLDINGS LIMITED
REGISTERED NUMBER: 13999517

STATEMENT OF FINANCIAL POSITION
AS AT 31 DECEMBER 2022

2022
Note
£

Fixed assets
  

Investments in subsidiary
 4 
1,030,125

  
1,030,125

Current assets
  

Debtors: amounts falling due within one year
 5 
881,764

  
881,764

Creditors: amounts falling due within one year
 6 
(1,911,089)

Net current (liabilities)/assets
  
 
 
(1,029,325)

Total assets less current liabilities
  
800

  

Net assets
  
800


Capital and reserves
  

Called up share capital 
 7 
800

  
800


Page 1

 
SE10 HOLDINGS LIMITED
REGISTERED NUMBER: 13999517
    
STATEMENT OF FINANCIAL POSITION (CONTINUED)
AS AT 31 DECEMBER 2022

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 period 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 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: 




B Shaw
Director

Date: 12 October 2023

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

Page 2

 
SE10 HOLDINGS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 DECEMBER 2022

1.


General information

SE10 Holdings Limited is a private company, limited by shares, incorporated in England and Wales. The company registration number is 13999517 and the registered office is 6th Floor, 2 London Wall Place, London, EC2Y 5AU.
The company was incorporated on 24th March 2022 and principal activity is that of holding company of public relation and communication activities.

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 financial statements are presented in £ sterling, the functional currency, rounded to the nearest £1. 
SE10 Holding Limited is a parent company of a small group. It is not required to prepare, and has not prepared group financial statements. These are the financial statements of the company, not the group. 

The following principal accounting policies have been applied:

 
2.2

Going concern

The directors have considered relevant information, including the annual budget, forecast future cash flows and the impact of subsequent events in making their assessment. The directors and shareholders have also confirmed their willingness and ability to support the company for at least 12 months from the date of approval of the financial statements. Based on these assessments, the financial statements have been prepared on a going concern basis. 

 
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 reporting 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.

Investments in listed company shares are remeasured to market value at each reporting date. Gains and losses on remeasurement are recognised in profit or loss for the period.

 
2.4

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.

Page 3

 
SE10 HOLDINGS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 DECEMBER 2022

2.Accounting policies (continued)

 
2.5

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.


3.


Employees

The average monthly number of employees, including directors, during the period was 2.


4.


Fixed asset investments





Investments in subsidiary companies

£



Cost or valuation


Additions
1,030,125



At 31 December 2022
1,030,125




During the period, company has made an investment of £1,030,125 in a wholly owned subsidiary SE10 PR Limited, a company incorporated in England and Wales. 


5.


Debtors

2022
£


Amounts owed by group undertakings
881,764

881,764


Page 4

 
SE10 HOLDINGS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 DECEMBER 2022

6.


Creditors: Amounts falling due within one year

2022
£

Other creditors
1,911,089

1,911,089



7.


Share capital

2022
£
Allotted, called up and fully paid


408 Ordinary A shares of £1.00 each
408
392 Ordinary B shares of £1.00 each
392

800


On incorporation, 408 Ordinary A shares and 392 Ordinary B shares of £1.00 each were issued, allotted and fully paid at par. The Ordinary A and Ordinary B shares carry equal voting rights and rank equally.


8.


Related party transactions

During the period the company made advances of £2,088,952 and received  repayments of £1,207,188. As at 31st December 2022, the company was owed £881,764 from SE10 PR Limited, a subsidiary company and a company of which B Shaw is the director and shareholder. This is a loan advanced in the period, unsecured, interest fee and repayable on demand. 


9.


Controlling party

The company is controlled by B Shaw and E Shaw by virtue of their majority shareholdings. 

Page 5