Caseware UK (AP4) 2022.0.179 2022.0.179 2023-06-302023-06-30false2true22022-07-01falseNo description of principal activityThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. 05481643 2022-07-01 2023-06-30 05481643 2021-07-01 2022-06-30 05481643 2023-06-30 05481643 2022-06-30 05481643 c:Director1 2022-07-01 2023-06-30 05481643 d:CurrentFinancialInstruments 2023-06-30 05481643 d:CurrentFinancialInstruments 2022-06-30 05481643 d:Non-currentFinancialInstruments 2023-06-30 05481643 d:Non-currentFinancialInstruments 2022-06-30 05481643 d:CurrentFinancialInstruments d:WithinOneYear 2023-06-30 05481643 d:CurrentFinancialInstruments d:WithinOneYear 2022-06-30 05481643 d:Non-currentFinancialInstruments d:AfterOneYear 2023-06-30 05481643 d:Non-currentFinancialInstruments d:AfterOneYear 2022-06-30 05481643 d:ShareCapital 2023-06-30 05481643 d:ShareCapital 2022-06-30 05481643 d:SharePremium 2023-06-30 05481643 d:SharePremium 2022-06-30 05481643 c:FRS102 2022-07-01 2023-06-30 05481643 c:AuditExempt-NoAccountantsReport 2022-07-01 2023-06-30 05481643 c:FullAccounts 2022-07-01 2023-06-30 05481643 c:PrivateLimitedCompanyLtd 2022-07-01 2023-06-30 05481643 6 2022-07-01 2023-06-30 iso4217:GBP xbrli:pure

Registered number: 05481643









ARTHUR KNOWLES LIMITED







UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 30 JUNE 2023

 
ARTHUR KNOWLES LIMITED
REGISTERED NUMBER: 05481643

BALANCE SHEET
AS AT 30 JUNE 2023

2023
2022
Note
£
£

Fixed assets
  

Investments
 4 
5,122,321
5,122,321

  
5,122,321
5,122,321

  

Creditors: amounts falling due within one year
 5 
(1)
(1)

Net current liabilities
  
 
 
(1)
 
 
(1)

Total assets less current liabilities
  
5,122,320
5,122,320

Creditors: amounts falling due after more than one year
 6 
(2,772,320)
(2,772,320)

  

Net assets
  
2,350,000
2,350,000


Capital and reserves
  

Called up share capital 
  
756,620
756,620

Share premium account
  
1,593,380
1,593,380

  
2,350,000
2,350,000


Page 1

 
ARTHUR KNOWLES LIMITED
REGISTERED NUMBER: 05481643
    
BALANCE SHEET (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 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 by: 




G Knowles
Director

Date: 6 December 2023

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

Page 2

 
ARTHUR KNOWLES LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2023

1.


General information

Arthur Knowles Limited is a limited liability company incorporated and domiciled in England. 
The address of its registered office is:
Waterfront One
Waterfront Business Park
Brierley Hill
West Midlands 
DY5 1LX
The financial statements are prepared in sterling. The financial statements are for a period of 52 weeks ended 30 June 2023 (2022: 52 weeks).

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

Valuation of investments

Investments in subsidiaries are measured at cost less accumulated impairment.

 
2.3

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.

 
2.4

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.

Basic financial assets

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.

Impairment of financial assets

Financial assets are assessed for indicators of impairment at each reporting date. 

Page 3

 
ARTHUR KNOWLES LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2023

2.Accounting policies (continued)


2.4
Financial instruments (continued)

Financial assets are impaired when events, subsequent to their initial recognition, indicate the estimated future cash flows derived from the financial asset(s) have been adversely impacted. The impairment loss will be the difference between the current carrying amount and the present value of the future cash flows at the asset(s) original effective interest rate.

If there is a favourable change in relation to the events surrounding the impairment loss then the impairment can be reviewed for possible reversal. The reversal will not cause the current carrying amount to exceed the original carrying amount had the impairment not been recognised. The impairment reversal is recognised in the profit or loss.

 
2.5

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).


4.


Fixed asset investments





Investments in subsidiary companies

£



Cost or valuation


At 1 July 2022
5,122,321



At 30 June 2023
5,122,321





5.


Creditors: Amounts falling due within one year

2023
2022
£
£

Accruals and deferred income
1
1

1
1


Page 4

 
ARTHUR KNOWLES LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2023

6.


Creditors: Amounts falling due after more than one year

2023
2022
£
£

Amounts owed to group undertakings
2,772,320
2,772,320

2,772,320
2,772,320


Page 5