Caseware UK (AP4) 2022.0.179 2022.0.179 2023-06-302023-06-30false12022-07-01No description of principal activity1falsetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. 11203903 2022-07-01 2023-06-30 11203903 2021-07-01 2022-06-30 11203903 2023-06-30 11203903 2022-06-30 11203903 c:Director1 2022-07-01 2023-06-30 11203903 d:CurrentFinancialInstruments 2023-06-30 11203903 d:CurrentFinancialInstruments 2022-06-30 11203903 d:CurrentFinancialInstruments d:WithinOneYear 2023-06-30 11203903 d:CurrentFinancialInstruments d:WithinOneYear 2022-06-30 11203903 d:ShareCapital 2023-06-30 11203903 d:ShareCapital 2022-06-30 11203903 d:SharePremium 2023-06-30 11203903 d:SharePremium 2022-06-30 11203903 d:RetainedEarningsAccumulatedLosses 2023-06-30 11203903 d:RetainedEarningsAccumulatedLosses 2022-06-30 11203903 c:OrdinaryShareClass1 2022-07-01 2023-06-30 11203903 c:OrdinaryShareClass1 2023-06-30 11203903 c:FRS102 2022-07-01 2023-06-30 11203903 c:AuditExempt-NoAccountantsReport 2022-07-01 2023-06-30 11203903 c:FullAccounts 2022-07-01 2023-06-30 11203903 c:PrivateLimitedCompanyLtd 2022-07-01 2023-06-30 11203903 d:EntityControlledByKeyManagementPersonnel1 2022-07-01 2023-06-30 11203903 d:EntityControlledByKeyManagementPersonnel1 2023-06-30 11203903 6 2022-07-01 2023-06-30 11203903 3 2023-06-30 11203903 3 2022-06-30 xbrli:shares iso4217:GBP xbrli:pure

Registered number: 11203903









CSL HOLDINGS LIMITED







UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 30 JUNE 2023

 
CSL HOLDINGS LIMITED
REGISTERED NUMBER: 11203903

STATEMENT OF FINANCIAL POSITION
AS AT 30 JUNE 2023


2023

2022
£
£
£
£

Fixed assets
  

Investments
 4 
2,074,575
2,074,575

Current assets
  

Debtors: amounts falling due within one year
 5 
468,746
301,101

Cash at bank and in hand
 6 
10
10

  
468,756
301,111

Creditors: amounts falling due within one year
 7 
(162,072)
(311,429)

Net current assets/(liabilities)
  
 
 
306,684
 
 
(10,318)

  

Net assets
  
2,381,259
2,064,257


Capital and reserves
  

Called up share capital 
 8 
17
17

Share premium account
  
454,279
454,279

Profit and loss account
  
1,926,963
1,609,961

  
2,381,259
2,064,257


Page 1

 
CSL HOLDINGS LIMITED
REGISTERED NUMBER: 11203903
    
STATEMENT OF FINANCIAL POSITION (CONTINUED)
AS AT 30 JUNE 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 comprehensive income 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 12 March 2024.




M J Beckett
Director


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

Page 2

 
CSL HOLDINGS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2023

1.


General information

CSL Holdings Limited is a company limited by shares, incorporated in England and Wales. The registered address of the company is The Sussex Barn, Peper Harow, Godalming, United Kingdom, GU8 6BQ.
The company acts as 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 Company is a parent undertaking of a small group and as such it is not required by the Companies Act 2006 to prepare group accounts. These financial statements therefore present information about the Company as an individual undertaking and not about its group.

The following principal accounting policies have been applied:

 
2.2

Going concern

The director has taken consideration of the impact of inflationary pressures on the business and its trading group and the withdrawal of the United Kingdom from the European Union. The director notes that the subsidiary company is trading adequately and has sufficient working capital and other finance available to continue trading for a period of not less than 12 months from the Statement of financial position date. As such, the director believes that there are no significant uncertainties in their assessment of whether the business is a going concern, that there will be no need for the subsidiary company to call in its loan and therefore have prepared the company’s accounts on a going concern basis.

 
2.3

Valuation of investments

Investments in subsidiaries are measured at cost less accumulated impairment.

 
2.4

Debtors

Short-term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any 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 3

 
CSL HOLDINGS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2023

2.Accounting policies (continued)

 
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 1 (2022 - 1).


4.


Fixed asset investments





Other fixed asset investments

£



Cost 


At 1 July 2022
2,074,575



At 30 June 2023

2,074,575






Net book value



At 30 June 2023
2,074,575



At 30 June 2022
2,074,575


5.


Debtors

2023
2022
£
£


Amounts owed by group undertakings
468,746
301,101

468,746
301,101


Page 4

 
CSL HOLDINGS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2023

6.


Cash and cash equivalents

2023
2022
£
£

Cash at bank and in hand
10
10

10
10



7.


Creditors: Amounts falling due within one year

2023
2022
£
£

Other creditors
159,272
310,029

Accruals and deferred income
2,800
1,400

162,072
311,429



8.


Share capital

2023
2022
£
£
Allotted, called up and fully paid



1,700 Ordinary shares of £0.01 each
17
17


On 28 October 2019, options were granted for 300 Ordinary A £0.01 shares. As at the year end, the options have not been exercised and all 300 options remain outstanding. 



9.


Related party transactions

The company has taken advantage of the exemption allowed by Financial Reporting Standard 102 not to disclose any transactions with any wholly owned subsidiaries in its group. 
 
Included within other creditors is an amount of £159,272 (2022 - £104,208) due to the director.


10.


Controlling party

The controlling party of the company is its director by virtue of his 100% shareholding.

 
Page 5