Caseware UK (AP4) 2022.0.179 2022.0.179 2022-04-01The principal activity of the company is that of a holding company for the investment in Total Direct Limited.trueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.false22true 07269169 2022-04-01 2023-03-31 07269169 2021-04-01 2022-03-31 07269169 2023-03-31 07269169 2022-03-31 07269169 c:Director2 2022-04-01 2023-03-31 07269169 d:CurrentFinancialInstruments 2023-03-31 07269169 d:CurrentFinancialInstruments 2022-03-31 07269169 d:CurrentFinancialInstruments d:WithinOneYear 2023-03-31 07269169 d:CurrentFinancialInstruments d:WithinOneYear 2022-03-31 07269169 d:ShareCapital 2023-03-31 07269169 d:ShareCapital 2022-03-31 07269169 d:RetainedEarningsAccumulatedLosses 2023-03-31 07269169 d:RetainedEarningsAccumulatedLosses 2022-03-31 07269169 c:OrdinaryShareClass1 2022-04-01 2023-03-31 07269169 c:OrdinaryShareClass1 2023-03-31 07269169 c:OrdinaryShareClass1 2022-03-31 07269169 c:OrdinaryShareClass2 2022-04-01 2023-03-31 07269169 c:OrdinaryShareClass2 2023-03-31 07269169 c:OrdinaryShareClass2 2022-03-31 07269169 c:FRS102 2022-04-01 2023-03-31 07269169 c:AuditExemptWithAccountantsReport 2022-04-01 2023-03-31 07269169 c:FullAccounts 2022-04-01 2023-03-31 07269169 c:PrivateLimitedCompanyLtd 2022-04-01 2023-03-31 07269169 6 2022-04-01 2023-03-31 xbrli:shares iso4217:GBP xbrli:pure

Registered number: 07269169










Total Direct Holdings Limited








Unaudited

Financial statements

Information for filing with the registrar

For the Year Ended 31 March 2023

 
Total Direct Holdings Limited
 
  
Chartered Accountants' Report to the Board of Directors on the preparation of the Unaudited Statutory Financial Statements of Total Direct Holdings Limited for the Year Ended 31 March 2023

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Total Direct Holdings Limited for the year ended 31 March 2023 which comprise  the Balance Sheet and the related notes from the Company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW)we are subject to its ethical and other professional requirements which are detailed at https://www.icaew.com /regulation.

This report is made solely to the Board of Directors of Total Direct Holdings Limited, as a body, in accordance with the terms of our engagement letter dated 17 July 2023Our work has been undertaken solely to prepare for your approval the financial statements of Total Direct Holdings Limited  and state those matters that we have agreed to state to the Board of Directors of Total Direct Holdings Limited, as a body, in this report in accordance with ICAEW Technical Release TECH07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Total Direct Holdings Limited and its Board of Directors, as a body, for our work or for this report. 

It is your duty to ensure that Total Direct Holdings Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Total Direct Holdings Limited. You consider that Total Direct Holdings Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or review of the financial statements of Total Direct Holdings Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.

  



Kreston Reeves LLP
Chartered Accountants
Springfield House
Springfield Road
Horsham
West Sussex
RH12 2RG
2 October 2023
Page 1

 
Total Direct Holdings Limited
Registered number: 07269169

Balance Sheet
As at 31 March 2023

2023
2022
Note
£
£

Fixed assets
  

Investments
 4 
90,838
90,838

  
90,838
90,838

  

Creditors: amounts falling due within one year
 5 
(90,700)
(90,700)

Net current liabilities
  
 
 
(90,700)
 
 
(90,700)

Total assets less current liabilities
  
138
138

  

Net assets
  
138
138


Capital and reserves
  

Called up share capital 
 6 
100
100

Profit and loss account
  
38
38

  
138
138


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: 




................................................
R Earl
Director
Date: 27 September 2023

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

Page 2

 
Total Direct Holdings Limited
 

 
Notes to the Financial Statements
For the Year Ended 31 March 2023

1.


General information

Total Direct Holdings Limited is a private company, limited by share capital, and incorporated in England and Wales. The registered office is Unit B, Enterprise House, Waldeck Road, Maidenhead, Berkshire, SL6 8BR. 
The financial statements are presented in Sterling which is the functional currency of the company and rounded to the nearest £1.

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

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 paties and investments in ordinary shares.

 
2.5

Creditors

Short term creditors are measured at the transaction price.

 
2.6

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.

Page 3

 
Total Direct Holdings Limited
 

 
Notes to the Financial Statements
For the Year Ended 31 March 2023

3.


Employees

The average monthly number of employees, including directors, during the year was 2 (2022 - 2).


4.


Fixed asset investments





Investments in subsidiary companies

£



Cost or valuation


At 1 April 2022
90,838



At 31 March 2023
90,838





5.


Creditors: Amounts falling due within one year

2023
2022
£
£

Amounts owed to group undertakings
90,700
90,700

90,700
90,700



6.


Share capital

2023
2022
£
£
Authorised, allotted, called up and fully paid



52 (2022 - 52) A Ordinary shares of £1.00 each
52
52
48 (2022 - 48) B Ordinary shares of £1.00 each
48
48

100

100



7.


Related party transactions

Total Direct Limited
(Subsidiary)
During the year the company continued to receive a loan from Total Direct Limited. The loan is interest free and repayable on demand. At the balance sheet date the amount due to Total Direct Limited was £90,700 (2022: £90,700). 

Page 4

 
Total Direct Holdings Limited
 

 
Notes to the Financial Statements
For the Year Ended 31 March 2023

8.


Controlling party

The company is controlled by its parent company Total Direct Marketing Services Limited. The company's ultimate controlling party are the directors of its parent company who own 90% of the parent company's share capital. 

Page 5