Caseware UK (AP4) 2022.0.179 2022.0.179 2023-08-312023-08-31false2022-09-01holding company managing investments11truetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. 12156922 2022-09-01 2023-08-31 12156922 2021-09-01 2022-08-31 12156922 2023-08-31 12156922 2022-08-31 12156922 2021-09-01 12156922 c:Director1 2022-09-01 2023-08-31 12156922 d:OfficeEquipment 2022-09-01 2023-08-31 12156922 d:OfficeEquipment 2023-08-31 12156922 d:OfficeEquipment d:OwnedOrFreeholdAssets 2022-09-01 2023-08-31 12156922 d:CopyrightsPatentsTrademarksServiceOperatingRights 2023-08-31 12156922 d:CurrentFinancialInstruments 2023-08-31 12156922 d:CurrentFinancialInstruments 2022-08-31 12156922 d:Non-currentFinancialInstruments 2023-08-31 12156922 d:Non-currentFinancialInstruments 2022-08-31 12156922 d:CurrentFinancialInstruments d:WithinOneYear 2023-08-31 12156922 d:CurrentFinancialInstruments d:WithinOneYear 2022-08-31 12156922 d:ShareCapital 2023-08-31 12156922 d:ShareCapital 2022-08-31 12156922 d:ShareCapital 2021-09-01 12156922 d:SharePremium 2023-08-31 12156922 d:SharePremium 2022-08-31 12156922 d:SharePremium 2021-09-01 12156922 d:RetainedEarningsAccumulatedLosses 2022-09-01 2023-08-31 12156922 d:RetainedEarningsAccumulatedLosses 2023-08-31 12156922 d:RetainedEarningsAccumulatedLosses 2021-09-01 2022-08-31 12156922 d:RetainedEarningsAccumulatedLosses 2022-08-31 12156922 d:RetainedEarningsAccumulatedLosses 2021-09-01 12156922 c:FRS102 2022-09-01 2023-08-31 12156922 c:AuditExempt-NoAccountantsReport 2022-09-01 2023-08-31 12156922 c:FullAccounts 2022-09-01 2023-08-31 12156922 c:PrivateLimitedCompanyLtd 2022-09-01 2023-08-31 12156922 d:CopyrightsPatentsTrademarksServiceOperatingRights d:ExternallyAcquiredIntangibleAssets 2022-09-01 2023-08-31 12156922 6 2022-09-01 2023-08-31 12156922 d:CopyrightsPatentsTrademarksServiceOperatingRights d:OwnedIntangibleAssets 2022-09-01 2023-08-31 iso4217:GBP xbrli:pure

Registered number: 12156922










APH INVESTMENT HOLDINGS LIMITED








UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 31 AUGUST 2023

 
APH INVESTMENT HOLDINGS LIMITED
REGISTERED NUMBER: 12156922

BALANCE SHEET
AS AT 31 AUGUST 2023

2023
2022
Note
£
£

Fixed assets
  

Intangible assets
 4 
1,762
-

Tangible assets
 5 
700
-

Investments
 6 
53,019
53,019

  
55,481
53,019

Current assets
  

Debtors
 7 
239,901
142,891

Cash at bank and in hand
  
4,893
56,821

  
244,794
199,712

Creditors: amounts falling due within one year
 8 
(2,910)
(1,890)

Net current assets
  
 
 
241,884
 
 
197,822

Total assets less current liabilities
  
297,365
250,841

  

Net assets
  
297,365
250,841


Capital and reserves
  

Called up share capital 
  
100
100

Share premium account
  
28,720
28,720

Profit and loss account
  
268,545
222,021

  
297,365
250,841


Page 1

 
APH INVESTMENT HOLDINGS LIMITED
REGISTERED NUMBER: 12156922
    
BALANCE SHEET (CONTINUED)
AS AT 31 AUGUST 2023

The director considers 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 director acknowledges his 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: 




A P Hook
Director
Date: 20 November 2023

The notes on pages 4 to 8 form part of these financial statements.

Page 2

 
APH INVESTMENT HOLDINGS LIMITED
 

STATEMENT OF CHANGES IN EQUITY
FOR THE YEAR ENDED 31 AUGUST 2023


Called up share capital
Share premium account
Profit and loss account
Total equity

£
£
£
£


At 1 September 2021
100
28,720
185,927
214,747


Comprehensive income for the year

Profit for the year

-
-
98,094
98,094


Contributions by and distributions to owners

Dividends: Equity capital
-
-
(62,000)
(62,000)



At 1 September 2022
100
28,720
222,021
250,841


Comprehensive income for the year

Profit for the year

-
-
96,524
96,524


Contributions by and distributions to owners

Dividends: Equity capital
-
-
(50,000)
(50,000)


At 31 August 2023
100
28,720
268,545
297,365


The notes on pages 4 to 8 form part of these financial statements.

Page 3

 
APH INVESTMENT HOLDINGS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2023

1.


General information

APH Investment Holdings Limited is a private company limited by shares and incorporated in England and Wales (12156922). The registered office address is 52 New Town, Uckfield, East Sussex, TN22 5DE.

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

Intangible assets

Intangible assets are initially recognised at cost. After recognition, under the cost model, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

 
2.3

Tangible fixed assets

Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management.

Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, on a reducing balance basis.

Depreciation is provided on the following basis:

Office equipment
-
25%
reducing balance

The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date.

Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in profit or loss.

 
2.4

Valuation of investments

Investments in subsidiaries are measured at cost less accumulated impairment.

 
2.5

Debtors

Short-term debtors are measured at transaction price, less any impairment.

 
2.6

Creditors

Short-term creditors are measured at the transaction price.

Page 4

 
APH INVESTMENT HOLDINGS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2023

2.Accounting policies (continued)

 
2.7

Financial instruments

The Company has elected to apply the provisions of Section 11 “Basic Financial Instruments” of FRS 102 to all of its 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.

Other financial assets

Other financial assets, which includes investments in equity instruments which are not classified as subsidiaries, associates or joint ventures, are initially measured at fair value, which is normally the recognised transaction price. Such assets are subsequently measured at fair value with the changes in fair value being recognised in the profit or loss. Where other financial assets are not publicly traded, hence their fair value cannot be measured reliably, they are measured at cost less impairment.

Impairment of financial assets

Financial assets are assessed for indicators of impairment at each reporting date. 

Financial assets are impaired when events, subsequent to their initial recognition, indicate the estimated future cash flows derived from the financial asset(s) have been adversely impacted. The impairment loss will be the difference between the current carrying amount and the present value of the future cash flows at the asset(s) original effective interest rate.

If there is a favourable change in relation to the events surrounding the impairment loss then the impairment can be reviewed for possible reversal. The reversal will not cause the current carrying amount to exceed the original carrying amount had the impairment not been recognised. The impairment reversal is recognised in the profit or loss.

Financial liabilities

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instruments any contract that evidences a residual interest in the assets of the Company after the deduction of all its liabilities.

Basic financial liabilities, which include trade and other payables, bank loans and other loans are initially measured at their transaction price after transaction costs. When this constitutes a financing transaction, whereby the debt instrument 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
Page 5

 
APH INVESTMENT HOLDINGS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2023

2.Accounting policies (continued)


2.7
Financial instruments (continued)

immaterial.

Debt instruments are subsequently carried at their amortised cost using the effective interest rate method.

Trade payables are obligations to pay for goods and services that have been acquired in the ordinary course of business from suppliers. Trade payables are classified as current liabilities if the payment is due within one year. If not, they represent non-current liabilities. Trade payables are initially recognised at their transaction price and subsequently are measured at amortised cost using the effective interest method. Discounting is omitted where the effect of discounting is immaterial.

Derecognition of financial instruments

Derecognition of financial assets

Financial assets are derecognised when their contractual right to future cash flow expire, or are settled, or when the Company transfers the asset and substantially all the risks and rewards of ownership to another party. If significant risks and rewards of ownership are retained after the transfer to another party, then the Company will continue to recognise the value of the portion of the risks and rewards retained.

Derecognition of financial liabilities

Financial liabilities are derecognised when the Company's contractual obligations expire or are discharged or cancelled.

 
2.8

Dividends

Equity dividends are recognised when they become legally payable. Interim equity dividends are recognised when paid. Final equity dividends are recognised when approved by the shareholders at an annual general meeting.


3.


Employees

The average monthly number of employees, including directors, during the year was 1 (2022 - 1).

Page 6

 
APH INVESTMENT HOLDINGS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2023

4.


Intangible assets




Trademarks

£



Cost


Additions
1,958



Amortisation


Charge for the year on owned assets
196



Net book value



At 31 August 2023
1,762




5.


Tangible fixed assets





Office equipment

£



Cost


Additions
764



Depreciation


Charge for the year on owned assets
64



Net book value



At 31 August 2023
700


6.


Fixed asset investments





Investments in subsidiary companies

£



Cost 


At 1 September 2022
53,019



At 31 August 2023
53,019




Page 7

 
APH INVESTMENT HOLDINGS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2023

7.


Debtors

2023
2022
£
£

Due after more than one year

Amounts owed by group undertakings
45,899
45,899

Due within one year

Amounts owed by group undertakings
194,001
96,991

Called up share capital not paid
1
1

239,901
142,891



8.


Creditors: Amounts falling due within one year

2023
2022
£
£

Accruals and deferred income
2,910
1,890


 
Page 8