Caseware UK (AP4) 2023.0.135 2023.0.135 2023-03-312023-03-312022-04-01falseNo description of principal activity22truetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. 12519414 2022-04-01 2023-03-31 12519414 2021-04-01 2022-03-31 12519414 2023-03-31 12519414 2022-03-31 12519414 c:Director2 2022-04-01 2023-03-31 12519414 d:CurrentFinancialInstruments 2023-03-31 12519414 d:CurrentFinancialInstruments 2022-03-31 12519414 d:Non-currentFinancialInstruments 2023-03-31 12519414 d:Non-currentFinancialInstruments 2022-03-31 12519414 d:CurrentFinancialInstruments d:WithinOneYear 2023-03-31 12519414 d:CurrentFinancialInstruments d:WithinOneYear 2022-03-31 12519414 d:Non-currentFinancialInstruments d:AfterOneYear 2023-03-31 12519414 d:Non-currentFinancialInstruments d:AfterOneYear 2022-03-31 12519414 d:Non-currentFinancialInstruments d:BetweenTwoFiveYears 2023-03-31 12519414 d:Non-currentFinancialInstruments d:BetweenTwoFiveYears 2022-03-31 12519414 d:ShareCapital 2023-03-31 12519414 d:ShareCapital 2022-03-31 12519414 d:RetainedEarningsAccumulatedLosses 2023-03-31 12519414 d:RetainedEarningsAccumulatedLosses 2022-03-31 12519414 c:OrdinaryShareClass1 2022-04-01 2023-03-31 12519414 c:OrdinaryShareClass1 2023-03-31 12519414 c:OrdinaryShareClass1 2022-03-31 12519414 c:OrdinaryShareClass2 2022-04-01 2023-03-31 12519414 c:OrdinaryShareClass2 2023-03-31 12519414 c:OrdinaryShareClass2 2022-03-31 12519414 c:OrdinaryShareClass3 2022-04-01 2023-03-31 12519414 c:OrdinaryShareClass3 2023-03-31 12519414 c:OrdinaryShareClass3 2022-03-31 12519414 c:OrdinaryShareClass4 2022-04-01 2023-03-31 12519414 c:OrdinaryShareClass4 2023-03-31 12519414 c:OrdinaryShareClass4 2022-03-31 12519414 c:OrdinaryShareClass5 2022-04-01 2023-03-31 12519414 c:OrdinaryShareClass5 2023-03-31 12519414 c:OrdinaryShareClass5 2022-03-31 12519414 c:FRS102 2022-04-01 2023-03-31 12519414 c:AuditExempt-NoAccountantsReport 2022-04-01 2023-03-31 12519414 c:FullAccounts 2022-04-01 2023-03-31 12519414 c:PrivateLimitedCompanyLtd 2022-04-01 2023-03-31 12519414 2 2022-04-01 2023-03-31 12519414 6 2022-04-01 2023-03-31 iso4217:GBP xbrli:shares xbrli:pure


Registered number: 12519414












DOOA CAPITAL LIMITED
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2023


 
REGISTERED NUMBER:12519414
DOOA CAPITAL LIMITED

BALANCE SHEET
AS AT 31 MARCH 2023

2023
2022
Note
£
£

Fixed assets
  

Investments

 4 

21
21

Current assets
  

Debtors: amounts falling due after more than one year
 5 
8,507,558
3,551,039

Debtors: amounts falling due within one year
 5 
330,081
494,014

Cash at bank and in hand
  
154,136
819

  
8,991,775
4,045,872

Creditors: amounts falling due within one year
 6 
(337,250)
(498,183)

Net current assets
  
 
 
8,654,525
 
 
3,547,689

Total assets less current liabilities
  
8,654,546
3,547,710

Creditors: amounts falling due after more than one year
 7 
(8,662,512)
(3,552,039)

Net liabilities
  
(7,966)
(4,329)


Capital and reserves
  

Called up share capital 
 9 
102
102

Profit and loss account
  
(8,068)
(4,431)

Total deficit
  
(7,966)
(4,329)


1 -


 
REGISTERED NUMBER:12519414
DOOA CAPITAL LIMITED
    
BALANCE SHEET (CONTINUED)
AS AT 31 MARCH 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 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 by: 




J Singh
Director

Date: 26 January 2024

The notes on pages 3 to 8 form part of these financial statements.

2 -

 

DOOA CAPITAL LIMITED

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2023

1.


General information

Dooa Capital Limited is a private company limited by shares incorporated in England and Wales. The address of its registered office is 16 Great Queen Street, Covent Garden, London WC2B 5AH.
The financial statements are presented in Sterling (£), which is the functional currency of the company. Monetary amounts in these financial statements are rounded to the nearest £.

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

Going concern

The financial statements have been prepared on a going concern basis notwithstanding the fact that
the company has a deficiency on total equity at the end of the year. The directors consider this basis
to be appropriate as the company has sufficient facilities available from its shareholders to fund its
working capital requirements for a period of at least twelve months from the date these financial
statements were approved.

 
2.3

Interest income

Interest income is recognised in profit or loss using the effective interest method.

 
2.4

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.

 
2.5

Borrowing costs

All borrowing costs are recognised in profit or loss in the year in which they are incurred.

 
2.6

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.

3 -

 

DOOA CAPITAL LIMITED

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2023

2.Accounting policies (continued)

 
2.7

Financial instruments

The company has elected to apply Sections 11 and 12 of FRS 102 in respect of financial instruments.
Financial assets and financial liabilities are recognised when the company becomes party to the contractual provisions of the instrument. 
Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities. 
 

The company’s policies for its major classes of financial assets and financial liabilities are set out below. 
 
Financial assets
Basic financial assets, including other debtors, cash and bank balances, are initially recognised at transaction price, 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 for a similar debt instrument. Financing transactions are those in which payment is deferred beyond normal business terms or is financed at a rate of interest that is not a market rate.
Such assets are subsequently carried at amortised cost using the effective interest method, less any impairment.
 
Financial liabilities
Basic financial liabilities, including other creditors, that are classified as debt, are initially recognised at transaction price, unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future payments discounted at a market rate of interest for a similar debt instrument. Financing transactions are those in which payment is deferred beyond normal business terms or is financed at a rate of interest that is not a market rate.
Debt instruments are subsequently carried at amortised cost, using the effective interest rate method.
 
4 -

 

DOOA CAPITAL LIMITED

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2023

2.Accounting policies (continued)


Financial instruments (continued)




Financial instruments (continued)

Impairment of financial assets
Financial assets measured at cost and amortised cost are assessed at the end of each reporting period for objective evidence of impairment. If objective evidence of impairment is found, an impairment loss is recognised in the profit and loss account. 
For financial assets measured at cost less impairment, the impairment loss is measured as the difference between the asset's carrying amount and the best estimate of the amount the company would receive for the asset if it were to be sold at the reporting date. 
For financial assets measured at amortised cost, the impairment loss is measured as the difference between the asset's carrying amount and the present value of estimated cash flows discounted at the asset's original effective interest rate. If the financial asset has a variable interest rate, the discount rate for measuring any impairment loss is the current effective interest rate determined under the contract. 
If there is a decrease in the impairment loss arising from an event occurring after the impairment was recognised, the impairment is reversed. The reversal is such that the current carrying amount does not exceed what the carrying amount would have been had the impairment not previously been recognised. The impairment reversal is recognised in profit or loss.
 
Derecognition of financial assets and financial liabilities
Financial assets are derecognised when (a) the contractual rights to the cash flows from the asset expire or are settled, or (b) substantially all the risks and rewards of the ownership of the asset are transferred to another party or (c) despite having retained some significant risks and rewards of ownership, control of the asset has been transferred to another party who has the practical ability to unilaterally sell the asset to an unrelated third party without imposing additional restrictions. 
 

Financial liabilities are derecognised when the liability is extinguished, that is when the contractual obligation is discharged, cancelled or expires. 
 
Offsetting of financial assets and financial liabilities
Financial assets and liabilities are offset and the net amount reported in the balance sheet when there is an 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.

 
2.8

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.

  
2.9

Share capital

Ordinary shares are callified as equity.

5 -

 

DOOA CAPITAL 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 


At 1 April 2022
21



At 31 March 2023
21



Net book value



At 31 March 2023
21



At 31 March 2022
21


5.


Debtors

2023
2022
£
£

Due after more than one year

Amounts owed by group undertakings
8,507,558
3,166,039

Due from participating interests
-
385,000

8,507,558
3,551,039


2023
2022
£
£

Due within one year

Amounts owed by group undertakings
330,000
330,000

Other debtors
81
164,014

330,081
494,014


6 -

 

DOOA CAPITAL LIMITED

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2023

6.


Creditors: amounts falling due within one year

2023
2022
£
£

Other loans
330,000
330,000

Other creditors
-
163,933

Accruals and deferred income
7,250
4,250

337,250
498,183



7.


Creditors: amounts falling due after more than one year

2023
2022
£
£

Other loans
8,662,512
3,552,039



8.


Loans


Analysis of the maturity of loans is given below:


2023
2022
£
£

Amounts falling due within one year

Other loans
330,000
330,000


Amounts falling due 2-5 years

Other loans
8,662,512
3,552,039

8,992,512
3,882,039



9.


Share capital

2023
2022
£
£
Allotted, called up and fully paid



2 (2022 - 2) Ordinary A shares of £1.00 each
2
2
50 (2022 - 50) Ordinary B shares of £1.00 each
50
50
35 (2022 - 35) Ordinary C shares of £1.00 each
35
35
5 (2022 - 5) Ordinary D shares of £1.00 each
5
5
5 (2022 - 5) Ordinary E shares of £1.00 each
5
5
5 (2022 - 5) Ordinary F shares of £1.00 each
5
5

102

102


7 -

 

DOOA CAPITAL LIMITED

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2023

10.


Related party transactions

At the year end, an amount of £8,992,512 (2022: £3,882,039) was owed to a company of common ownership. The loan is provided at a market rate and is unsecured. 
The company has taken advantage of the exemption available in FRS102 Section 33.1A "Related party disclosures" whereby it has not disclosed transactions with any other wholly owned subsidiary undertaking of the Dooa Capital Limited group.

 
8 -