Caseware UK (AP4) 2022.0.179 2022.0.179 2023-05-312023-05-312022-06-01falseNo description of principal activity11falsetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. 09896008 2022-06-01 2023-05-31 09896008 2021-06-01 2022-05-31 09896008 2023-05-31 09896008 2022-05-31 09896008 2021-06-01 09896008 c:Director1 2022-06-01 2023-05-31 09896008 c:RegisteredOffice 2022-06-01 2023-05-31 09896008 d:CurrentFinancialInstruments 2023-05-31 09896008 d:CurrentFinancialInstruments 2022-05-31 09896008 d:Non-currentFinancialInstruments 2023-05-31 09896008 d:Non-currentFinancialInstruments 2022-05-31 09896008 d:CurrentFinancialInstruments d:WithinOneYear 2023-05-31 09896008 d:CurrentFinancialInstruments d:WithinOneYear 2022-05-31 09896008 d:Non-currentFinancialInstruments d:AfterOneYear 2023-05-31 09896008 d:Non-currentFinancialInstruments d:AfterOneYear 2022-05-31 09896008 d:ShareCapital 2023-05-31 09896008 d:ShareCapital 2022-05-31 09896008 d:ShareCapital 2021-06-01 09896008 d:RetainedEarningsAccumulatedLosses 2022-06-01 2023-05-31 09896008 d:RetainedEarningsAccumulatedLosses 2023-05-31 09896008 d:RetainedEarningsAccumulatedLosses 2022-05-31 09896008 d:RetainedEarningsAccumulatedLosses 2021-06-01 09896008 c:EntityNoLongerTradingButTradedInPast 2022-06-01 2023-05-31 09896008 c:FRS102 2022-06-01 2023-05-31 09896008 c:AuditExempt-NoAccountantsReport 2022-06-01 2023-05-31 09896008 c:FullAccounts 2022-06-01 2023-05-31 09896008 c:PrivateLimitedCompanyLtd 2022-06-01 2023-05-31 09896008 6 2022-06-01 2023-05-31 iso4217:GBP xbrli:pure
Registered number: 09896008



 
 
 
 
 
 
HMP BOOKS HOLDINGS LIMITED



 
UNAUDITED
FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MAY 2023

 
HMP BOOKS HOLDINGS LIMITED
 
 
COMPANY INFORMATION


Director
S Basu De Sarkar 




Registered number
09896008



Registered office
2 London Wall Place

London

EC2Y 5AU




Accountants
MHA
Chartered Accountants

2 London Wall Place

London

EC2Y 5AU





 
HMP BOOKS HOLDINGS LIMITED
 

CONTENTS



Page
Balance sheet
 
1 - 2
Statement of changes in equity
 
3
Notes to the financial statements
 
4 - 7


 
HMP BOOKS HOLDINGS LIMITED
REGISTERED NUMBER:09896008

BALANCE SHEET
AS AT 31 MAY 2023

2023
2022
Note
£
£

Fixed assets
  

Investments
 4 
50,800
50,800

  
50,800
50,800

Current assets
  

Cash at bank and in hand
 5 
100
100

  
100
100

Creditors: amounts falling due within one year
 6 
(30,954)
(39,688)

Net current liabilities
  
 
 
(30,854)
 
 
(39,588)

Total assets less current liabilities
  
19,946
11,212

Creditors: amounts falling due after more than one year
 7 
(5,556)
(11,112)

  

Net assets
  
14,390
100

Page 1

 
HMP BOOKS HOLDINGS LIMITED
REGISTERED NUMBER:09896008
    
BALANCE SHEET (CONTINUED)
AS AT 31 MAY 2023

2023
2022
£
£

Capital and reserves
  

Called up share capital 
  
100
100

Profit and loss account
  
14,290
-

  
14,390
100


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 her 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: 




S Basu De Sarkar
Director

Date: 28 February 2024

The notes on pages 4 to 7 form part of these financial statements.

Page 2

 
HMP BOOKS HOLDINGS LIMITED
 

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


Called up share capital
Profit and loss account
Total equity

£
£
£


At 1 June 2021
100
-
100



At 1 June 2022
100
-
100



Profit for the year
-
23,851
23,851

Dividends: Equity capital
-
(9,561)
(9,561)


At 31 May 2023
100
14,290
14,390


The notes on pages 4 to 7 form part of these financial statements.

Page 3

 
HMP BOOKS HOLDINGS LIMITED
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MAY 2023

1.


General information

HMP Books Holdings Limited is a private company, limited by shares, incorporated in England and Wales, registration number 09896008. The registered office is 2 London Wall Place, London, EC2Y 5AU.

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 preparation of financial statements in compliance with FRS 102 requires the use of certain critical accounting estimates. It also requires management to exercise judgment in applying the Company's accounting policies.

The financial statements are presented in £ sterling, the functional currency, rounded to the nearest £1.

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

Going concern

The company had net current liabilities of £30,854 (2022 - £39,588) at the balance sheet date and total net assets of £14,390 (2022 - £100). The financial statements have been prepared on a going concern basis as the director has signified her willingness and ability to support the company for at least 12 months from the date of approval of the financial statements.

 
2.4

Valuation of investments

Investments in subsidiaries are measured at cost less accumulated impairment.

 
2.5

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.

 
2.6

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.

Page 4

 
HMP BOOKS HOLDINGS LIMITED
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MAY 2023

2.Accounting policies (continued)

 
2.7

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.

Financial assets that are 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 amortised cost, the impairment loss is measured as the difference between an asset's carrying amount and the present value of estimated cash flows discounted at the asset's original effective interest rate. If a 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.

For financial assets measured at cost less impairment, the impairment loss is measured as the difference between an asset's carrying amount and best estimate of the recoverable amount, which is an approximation of the amount that the Company would receive for the asset if it were to be sold at the balance sheet date.

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

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 5

 
HMP BOOKS HOLDINGS 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
160,800



At 31 May 2023

160,800



Impairment


At 1 June 2022
110,000



At 31 May 2023

110,000



Net book value



At 31 May 2023
50,800



At 31 May 2022
50,800


5.


Cash and cash equivalents

2023
2022
£
£

Cash at bank and in hand
100
100

100
100



6.


Creditors: Amounts falling due within one year

2023
2022
£
£

Amounts owed to group undertakings
19,844
28,578

Other creditors
11,110
11,110

30,954
39,688


The other creditors of £11,110 (2022 - £11,110) are secured by way of a debenture in HMP Books Limited, a subsidiary of the company.

Page 6

 
HMP BOOKS HOLDINGS LIMITED
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MAY 2023

7.


Creditors: Amounts falling due after more than one year

2023
2022
£
£

Other creditors
5,556
11,112

5,556
11,112


The other creditors of £5,556 (2022 - £11,112) are secured by way of a debenture in HMP Books Limited, a subsidiary of the company. The other creditors above are due within 5 years.


8.


Controlling party

At the balance sheet date, the ultimate controlling party is S Basu De Sarkar.

 
Page 7