Caseware UK (AP4) 2022.0.179 2022.0.179 2022-12-312022-12-3112021-09-22trueNo description of principal activity0falsetrue 13635849 2021-09-21 13635849 2022-12-31 13635849 2021-09-22 2022-12-31 13635849 2020-09-22 2021-09-21 13635849 c:Director1 2021-09-22 2022-12-31 13635849 d:CurrentFinancialInstruments 2022-12-31 13635849 d:CurrentFinancialInstruments d:WithinOneYear 2022-12-31 13635849 d:ShareCapital 2021-09-22 2022-12-31 13635849 d:ShareCapital 2022-12-31 13635849 c:EntityHasNeverTraded 2021-09-22 2022-12-31 13635849 c:FRS102 2021-09-22 2022-12-31 13635849 c:Audited 2021-09-22 2022-12-31 13635849 c:FullAccounts 2021-09-22 2022-12-31 13635849 c:PrivateLimitedCompanyLtd 2021-09-22 2022-12-31 13635849 d:Subsidiary1 2021-09-22 2022-12-31 13635849 d:Subsidiary1 1 2021-09-22 2022-12-31 13635849 c:SmallCompaniesRegimeForAccounts 2021-09-22 2022-12-31 13635849 6 2021-09-22 2022-12-31 iso4217:GBP xbrli:pure
Registered number: 13635849














AZALEOS HOLDINGS LIMITED
FINANCIAL STATEMENTS
INFORMATION FOR FILING WITH THE REGISTRAR
FOR THE PERIOD ENDED 31 DECEMBER 2022

 
AZALEOS HOLDINGS LIMITED
REGISTERED NUMBER: 13635849

BALANCE SHEET
AS AT 31 DECEMBER 2022

2022
Note

Fixed assets
  

Investments
 5 
1

Current assets
  

Debtors: amounts falling due within one year
 7 
1

  
1

Creditors: amounts falling due within one year
 8 
(1)

Net current assets
  
 
 
-

Total assets less current liabilities
  
1

  

Net assets
  
£1


Capital and reserves
  

Called up share capital 
  
1

  
£1


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 profit and loss account 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 on 10 November 2023.




___________________________
M Davis
Director

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

Page 1

 
AZALEOS HOLDINGS LIMITED
 

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


Called up share capital
Total equity

Shares issued during the period
1
1


At 31 December 2022
£1
£1

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

Page 2

 
AZALEOS HOLDINGS LIMITED
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 DECEMBER 2022

1.


General information

The company is a private company limited by share capital, incorporated in England and Wales.
 
The address of its registered office is:
Centrum West
Callister Way
Burton-On-Trent
DE14 2SY

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.

 
2.2

Going concern

After reviewing the company's forecasts and projections, the director has a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. The company therefore continues to adopt the going concern basis in preparing its financial statements. 

 
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 Profit and loss account 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 balance sheet 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.

 
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.

Page 3

 
AZALEOS HOLDINGS LIMITED
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 DECEMBER 2022

3.


Judgments in applying accounting policies and key sources of estimation uncertainty

In the application of the company’s accounting policies, the director is required to make judgements, estimates and assumptions about the carrying amounts of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on historical experience and other factors that  are considered to be relevant. Actual results may differ from these estimates.
The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised if the revision affects only that period, or in the period of the revision and future periods if the revision affects both current and future periods.
Judgements
No significant judgements have been made by management in preparing these financial statements.
 
Key sources of estimation uncertainty
No key sources of estimation uncertainty have been identified by management in preparing these financial statements other than those detailed in these accounting policies.


4.


Employees

The average monthly number of employees, including directors, during the period was 1.


5.


Fixed asset investments





Investments in subsidiary companies



Cost or valuation


Additions
1



At 31 December 2022
£1





6.



Subsidiary undertaking





The following was a subsidiary undertaking of the Company:

Name

Registered office

Class of shares

Holding

Azaleos Finance Limited
Centrum West, Callister Way, Burton-On-Trent, United Kingdom, DE14 2SY
Ordinary
100%

Page 4

 
AZALEOS HOLDINGS LIMITED
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 DECEMBER 2022

6.Subsidiary undertaking (continued)

 (continued)

The aggregate of the share capital and reserves as at 31 December 2022 and the profit or loss for the period ended on that date for the subsidiary undertaking were as follows:

Name
Aggregate of share capital and reserves
Profit/(Loss)

Azaleos Finance Limited
334,073
334,072


7.


Debtors

2022


Amounts owed by group undertakings
1

£1



8.


Creditors: Amounts falling due within one year

2022

Amounts owed to group undertakings
1

£1



9.
Ultimate parent undertaking and controlling party

At the balance sheet date, the immediate parent undertaking is EV Cargo Holdings Limited, a company registered in the Cayman Islands. 
EV Cargo Holdings Limited is the controlling party of the company.
The ultimate parent undertaking is Billion Venture Group Limited, a company incorporated inBritish Virgin Islands.
H Zarin is the ultimate controlling party of the company. The controlling party of the parent undertaking is Billion Venture Group Limited.
The company is exempt from the requirement of preparing consolidated financial statements as it is a parent undertaking of a small group under section 383 of the Companies Act 2006.
There are no publicly available consolidated financial statements which include this company.


Page 5

 
AZALEOS HOLDINGS LIMITED
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 DECEMBER 2022

10.


Auditors' information

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

The audit report was signed on 10 November 2023 by Mr Joshua Conlon (FCCA) (Senior statutory auditor) on behalf of Magee Gammon Corporate Limited.

Page 6