Caseware UK (AP4) 2022.0.179 2022.0.179 2023-05-312023-05-31true4false4The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.2022-06-01No description of principal activitytrue 13625288 2022-06-01 2023-05-31 13625288 2021-09-16 2022-05-31 13625288 2023-05-31 13625288 2022-05-31 13625288 c:Director2 2022-06-01 2023-05-31 13625288 d:CurrentFinancialInstruments 2023-05-31 13625288 d:CurrentFinancialInstruments 2022-05-31 13625288 d:Non-currentFinancialInstruments 2023-05-31 13625288 d:Non-currentFinancialInstruments 2022-05-31 13625288 d:CurrentFinancialInstruments d:WithinOneYear 2023-05-31 13625288 d:CurrentFinancialInstruments d:WithinOneYear 2022-05-31 13625288 d:Non-currentFinancialInstruments d:AfterOneYear 2023-05-31 13625288 d:Non-currentFinancialInstruments d:AfterOneYear 2022-05-31 13625288 d:ShareCapital 2023-05-31 13625288 d:ShareCapital 2022-05-31 13625288 d:MergerReserve 2023-05-31 13625288 d:MergerReserve 2022-05-31 13625288 d:RetainedEarningsAccumulatedLosses 2023-05-31 13625288 d:RetainedEarningsAccumulatedLosses 2022-05-31 13625288 c:FRS102 2022-06-01 2023-05-31 13625288 c:AuditExempt-NoAccountantsReport 2022-06-01 2023-05-31 13625288 c:FullAccounts 2022-06-01 2023-05-31 13625288 c:PrivateLimitedCompanyLtd 2022-06-01 2023-05-31 13625288 6 2022-06-01 2023-05-31 iso4217:GBP xbrli:pure

Registered number: 13625288









Statiflo Investments Limited







Unaudited

Financial statements

Information for filing with the registrar

For the year ended 31 May 2023

 
Statiflo Investments Limited
Registered number: 13625288

Balance sheet
As at 31 May 2023

2023
2022
Note
£
£

Fixed assets
  

Investments
 4 
2,341,801
2,341,801

  

Creditors: amounts falling due within one year
 5 
(618,925)
(193,263)

Net current liabilities
  
 
 
(618,925)
 
 
(193,263)

Total assets less current liabilities
  
1,722,876
2,148,538

Creditors: amounts falling due after more than one year
 6 
(179,754)
(605,416)

  

Net assets
  
1,543,122
1,543,122


Capital and reserves
  

Called up share capital 
  
500
500

Merger reserve
  
572,109
572,109

Profit and loss account
  
970,513
970,513

  
1,543,122
1,543,122


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.

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: 



P T Davies
Director

Date: 1 November 2023

The notes on pages 2 to 3 form part of these financial statements.

Page 1

 
Statiflo Investments Limited
 
 
 
Notes to the financial statements
For the year ended 31 May 2023

1.


General information

Statiflo Investments Limited is a private company limited by share capital incorporated in England & Wales, company number 13625288.  The address of the registered office and the principal place of business is Wood Street, Macclesfield, Cheshire SK11 6JQ.

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

Exemption from preparing consolidated financial statements

The Company, and the group headed by it, qualify as small as set out in section 383 of the Companies Act 2006 and the parent and group are considered eligible for the exemption to prepare consolidated accounts.

 
2.3

Valuation of investments

Investments in subsidiaries are measured at cost less accumulated impairment.

 
2.4

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.

 
2.5

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.

Debt instruments (other than those wholly repayable or receivable within one year), including loans and other accounts receivable and payable, are initially measured at present value of the future cash flows and subsequently at amortised cost using the effective interest method. Debt instruments that are payable or receivable within one year, typically trade debtors and creditors, are measured, initially and subsequently, at the undiscounted amount of the cash or other consideration expected to be paid or received. However, if the arrangements of a short-term instrument constitute a financing transaction, like the payment of a trade debt deferred beyond normal business terms or in case of an out-right short-term loan that is not at market rate, the financial asset or liability is measured, initially at the present value of future cash flows discounted at a market rate of interest for a similar debt instrument and subsequently at amortised cost, unless it qualifies as a loan from a director in the case of a small company, or a public benefit entity concessionary loan.


3.


Employees

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

Page 2

 
Statiflo Investments Limited
 
 
 
Notes to the financial statements
For the year ended 31 May 2023

4.


Fixed asset investments





Investments in subsidiary companies

£



Cost or valuation


At 1 June 2022
2,341,801



At 31 May 2023
2,341,801





5.


Creditors: Amounts falling due within one year

2023
2022
£
£

Amounts owed to group undertakings
193,262
57,352

Other creditors
425,663
135,911

618,925
193,263


Other creditors are secured.


6.


Creditors: Amounts falling due after more than one year

2023
2022
£
£

Other creditors
179,754
605,416

179,754
605,416


Other creditors are secured.

Page 3