Caseware UK (AP4) 2023.0.135 2023.0.135 2023-12-312023-12-31falseNo description of principal activity2023-01-01falseThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.33falsetrue 14293961 2023-01-01 2023-12-31 14293961 2022-08-12 2022-12-31 14293961 2023-12-31 14293961 2022-12-31 14293961 c:Director1 2023-01-01 2023-12-31 14293961 d:CurrentFinancialInstruments 2023-12-31 14293961 d:CurrentFinancialInstruments 2022-12-31 14293961 d:Non-currentFinancialInstruments 2023-12-31 14293961 d:Non-currentFinancialInstruments 2022-12-31 14293961 d:CurrentFinancialInstruments d:WithinOneYear 2023-12-31 14293961 d:CurrentFinancialInstruments d:WithinOneYear 2022-12-31 14293961 d:Non-currentFinancialInstruments d:AfterOneYear 2023-12-31 14293961 d:Non-currentFinancialInstruments d:AfterOneYear 2022-12-31 14293961 d:ShareCapital 2023-12-31 14293961 d:ShareCapital 2022-12-31 14293961 d:SharePremium 2023-12-31 14293961 d:SharePremium 2022-12-31 14293961 d:RetainedEarningsAccumulatedLosses 2023-12-31 14293961 d:RetainedEarningsAccumulatedLosses 2022-12-31 14293961 c:OrdinaryShareClass1 2023-01-01 2023-12-31 14293961 c:OrdinaryShareClass1 2023-12-31 14293961 c:FRS102 2023-01-01 2023-12-31 14293961 c:AuditExempt-NoAccountantsReport 2023-01-01 2023-12-31 14293961 c:FullAccounts 2023-01-01 2023-12-31 14293961 c:PrivateLimitedCompanyLtd 2023-01-01 2023-12-31 14293961 6 2023-01-01 2023-12-31 14293961 e:PoundSterling 2023-01-01 2023-12-31 iso4217:GBP xbrli:shares xbrli:pure

Registered number: 14293961










BUILDTEX HOLDINGS LTD








UNAUDITED

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2023

 
BUILDTEX HOLDINGS LTD
REGISTERED NUMBER: 14293961

BALANCE SHEET
AS AT 31 DECEMBER 2023

2023
2022
Note
£
£

Fixed assets
  

Investments
 4 
1,477,604
1,479,073

  
1,477,604
1,479,073

  

Creditors: amounts falling due within one year
 5 
(907,573)
(700,107)

Net current liabilities
  
 
 
(907,573)
 
 
(700,107)

Total assets less current liabilities
  
570,031
778,966

Creditors: amounts falling due after more than one year
 6 
(173,578)
(380,640)

  

Net assets
  
396,453
398,326


Capital and reserves
  

Called up share capital 
 7 
300
300

Share premium account
  
399,700
399,700

Profit and loss account
  
(3,547)
(1,674)

  
396,453
398,326


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 on 25 March 2024.




D I Bailey
Page 1

 
BUILDTEX HOLDINGS LTD
REGISTERED NUMBER: 14293961
    
BALANCE SHEET (CONTINUED)
AS AT 31 DECEMBER 2023

Director

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

Page 2

 
BUILDTEX HOLDINGS LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023

1.


General information

Buildtex Holdings Ltd is a United Kingdom Company limited by shares. It is incorporated and domiciled in England and Wales. The registered office address is 7 The Close, Norwich, Norfolk, NR1 4DJ.
The Company's principal activity is that of a holding company. The principal place of business is Norwich, Norfolk.

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 FRS 102 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland' and the requirements of the Companies Act 2006. The disclosure requirements of Section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

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 following principal accounting policies have been applied:

 
2.2

Impairment of fixed assets and goodwill

Assets that are subject to depreciation or amortisation are assessed at each balance sheet date to determine whether there is any indication that the assets are impaired. Where there is any indication that an asset may be impaired, the carrying value of the asset (or cash-generating unit to which the asset has been allocated) is tested for impairment. An impairment loss is recognised for the amount by which the asset's carrying amount exceeds its recoverable amount. The recoverable amount is the higher of an asset's (or CGU's) fair value less costs to sell and value in use. For the purposes of assessing impairment, assets are grouped at the lowest levels for which there are separately identifiable cash flows (CGUs). Non-financial assets that have been previously impaired are reviewed at each balance sheet date to assess whether there is any indication that the impairment losses recognised in prior periods may no longer exist or may have decreased.

 
2.3

Valuation of investments

Investments in subsidiaries are measured at cost less accumulated impairment.

 
2.4

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.

 
2.5

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 and loans to related parties. 

Page 3

 
BUILDTEX HOLDINGS LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023

2.Accounting policies (continued)

 
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.


3.


Employees

The average monthly number of employees, including directors, during the year was 3 (2022 - 3).


4.


Fixed asset investments





Investments in subsidiary companies

£



Cost or valuation


At 1 January 2023
1,479,073


Amounts written off
(1,469)



At 31 December 2023
1,477,604





5.


Creditors: Amounts falling due within one year

2023
2022
£
£

Amounts owed to group undertakings
716,708
474,557

Other creditors
189,545
223,876

Accruals and deferred income
1,320
1,674

907,573
700,107


Page 4

 
BUILDTEX HOLDINGS LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023

6.


Creditors: Amounts falling due after more than one year

2023
2022
£
£

Other creditors
173,578
380,640

173,578
380,640



7.


Share capital

2023
2022
£
£
Allotted, called up and fully paid



300 Ordinary shares of £1.00 each
300
300


 
Page 5