Caseware UK (AP4) 2022.0.179 2022.0.179 2023-04-302023-04-302The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.false2022-05-01No description of principal activitytrue2true 09222979 2022-05-01 2023-04-30 09222979 2021-05-01 2022-04-30 09222979 2023-04-30 09222979 2022-04-30 09222979 c:Director1 2022-05-01 2023-04-30 09222979 c:Director2 2022-05-01 2023-04-30 09222979 d:CurrentFinancialInstruments 2023-04-30 09222979 d:CurrentFinancialInstruments 2022-04-30 09222979 d:CurrentFinancialInstruments d:WithinOneYear 2023-04-30 09222979 d:CurrentFinancialInstruments d:WithinOneYear 2022-04-30 09222979 d:ShareCapital 2023-04-30 09222979 d:ShareCapital 2022-04-30 09222979 d:SharePremium 2023-04-30 09222979 d:SharePremium 2022-04-30 09222979 d:RetainedEarningsAccumulatedLosses 2023-04-30 09222979 d:RetainedEarningsAccumulatedLosses 2022-04-30 09222979 c:FRS102 2022-05-01 2023-04-30 09222979 c:AuditExempt-NoAccountantsReport 2022-05-01 2023-04-30 09222979 c:FullAccounts 2022-05-01 2023-04-30 09222979 c:PrivateLimitedCompanyLtd 2022-05-01 2023-04-30 09222979 6 2022-05-01 2023-04-30 iso4217:GBP xbrli:pure

Registered number: 09222979










7181 LIMITED








UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 30 APRIL 2023

 
7181 LIMITED
REGISTERED NUMBER: 09222979

BALANCE SHEET
AS AT 30 APRIL 2023

2023
2022
Note
£
£

Fixed assets
  

Investments
 4 
628,125
628,125

  
628,125
628,125

Current assets
  

Cash at bank and in hand
 5 
72
110

  
72
110

Creditors: amounts falling due within one year
 6 
(792)
(792)

Net current liabilities
  
 
 
(720)
 
 
(682)

Total assets less current liabilities
  
627,405
627,443

  

Net assets
  
627,405
627,443


Capital and reserves
  

Called up share capital 
  
100
100

Share premium account
  
382,739
382,739

Profit and loss account
  
244,566
244,604

  
627,405
627,443


Page 1

 
7181 LIMITED
REGISTERED NUMBER: 09222979

BALANCE SHEET (CONTINUED)
AS AT 30 APRIL 2023

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 on 25 October 2023.


P Norgate
G R E Heath
Director
Director

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

Page 2

 
7181 LIMITED
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2023

1.


General information

7181 Limited is a private limited company limited by shares and incorporated in England. Its principal place of business is Ground Floor, 146 High Street, Billericay, Essex, CM12 9DF. The registered number of the company is 09222079. 
The principal activity of the company is that of a holding company.

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

Finance costs

Finance costs are charged to profit or loss over the term of the debt using the effective interest method so that the amount charged is at a constant rate on the carrying amount. Issue costs are initially recognised as a reduction in the proceeds of the associated capital instrument.

 
2.3

Valuation of investments

Investments in subsidiaries are measured at cost less accumulated impairment.

 
2.4

Cash and cash equivalents

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.

 
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.

 
2.6

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.

The Company has elected to apply the recognition and measurement provisions of IFRS 9 Financial Instruments (as adopted by the UK Endorsement Board) with the disclosure requirements of Sections 11 and 12 and the other presentation requirements of FRS 102.

Financial instruments are recognised in the Company's Balance sheet when the Company becomes party to the contractual provisions of the instrument.

Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

Basic financial assets

Page 3

 
7181 LIMITED
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2023

2.Accounting policies (continued)


2.6
Financial instruments (continued)

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.

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 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.

 
2.7

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 2 (2022 - 2).

Page 4

 
7181 LIMITED
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2023

4.


Fixed asset investments





Investments in subsidiary companies

£



Cost or valuation


At 1 May 2022
628,125



At 30 April 2023
628,125





5.


Cash and cash equivalents

2023
2022
£
£

Cash at bank and in hand
71
110



6.


Creditors: Amounts falling due within one year

2023
2022
£
£

Trade creditors
792
792

792
792



7.


Controlling party

The company is controlled by its directors.


Page 5