Caseware UK (AP4) 2023.0.135 2023.0.135 2023-12-312023-12-312023-01-01falseThe company acts as a holding company only, accordingly has not prepared a profit and loss account for the year.55truetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. 12283145 2023-01-01 2023-12-31 12283145 2022-01-01 2022-12-31 12283145 2023-12-31 12283145 2022-12-31 12283145 2022-01-01 12283145 c:Director1 2023-01-01 2023-12-31 12283145 c:Director2 2023-01-01 2023-12-31 12283145 c:Director3 2023-01-01 2023-12-31 12283145 c:Director4 2023-01-01 2023-12-31 12283145 c:Director5 2023-01-01 2023-12-31 12283145 c:RegisteredOffice 2023-01-01 2023-12-31 12283145 d:CurrentFinancialInstruments 2023-12-31 12283145 d:CurrentFinancialInstruments 2022-12-31 12283145 d:CurrentFinancialInstruments d:WithinOneYear 2023-12-31 12283145 d:CurrentFinancialInstruments d:WithinOneYear 2022-12-31 12283145 d:ShareCapital 2023-01-01 2023-12-31 12283145 d:ShareCapital 2023-12-31 12283145 d:ShareCapital 2022-12-31 12283145 d:ShareCapital 2022-01-01 12283145 d:SharePremium 2023-01-01 2023-12-31 12283145 d:SharePremium 2023-12-31 12283145 d:SharePremium 2022-12-31 12283145 d:SharePremium 2022-01-01 12283145 c:FRS102 2023-01-01 2023-12-31 12283145 c:AuditExempt-NoAccountantsReport 2023-01-01 2023-12-31 12283145 c:FullAccounts 2023-01-01 2023-12-31 12283145 c:PrivateLimitedCompanyLtd 2023-01-01 2023-12-31 12283145 6 2023-01-01 2023-12-31 iso4217:GBP xbrli:pure

Registered number: 12283145









TROWELLCO LIMITED







UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 31 DECEMBER 2023

 
TROWELLCO LIMITED
 
 
COMPANY INFORMATION


Directors
E R Brooks 
S Lee 
C G Brooks 
J R Brooks 
E J R Lee 




Registered number
12283145



Registered office
Eighth Floor
6 New Street Square

New Fetter Lane

London

EC4A 3AQ




Accountants
Rawlinson & Hunter LLP
Chartered Accountants

Eighth Floor

6 New Street Square

New Fetter Lane

London

EC4A 3AQ





 
TROWELLCO LIMITED
 

CONTENTS



Page
Balance Sheet
 
1 - 2
Statement of Changes in Equity
 
3
Notes to the Financial Statements
 
4 - 6


 
TROWELLCO LIMITED
REGISTERED NUMBER: 12283145

BALANCE SHEET
AS AT 31 DECEMBER 2023

As restated
2023
2022
Note
£
£

Fixed assets
  

Investments
 4 
4,683,333
3,500,000

  
4,683,333
3,500,000

Current assets
  

Debtors: amounts falling due within one year
 5 
72,667
4,500

  
72,667
4,500

Creditors: amounts falling due within one year
 6 
(1,251,200)
-

Net current (liabilities)/assets
  
 
 
(1,178,533)
 
 
4,500

Total assets less current liabilities
  
3,504,800
3,504,500

  

Net assets
  
3,504,800
3,504,500


Capital and reserves
  

Called up share capital 
  
4,800
4,500

Share premium account
  
3,500,000
3,500,000

  
3,504,800
3,504,500


Page 1

 
TROWELLCO LIMITED
REGISTERED NUMBER: 12283145
    
BALANCE SHEET (CONTINUED)
AS AT 31 DECEMBER 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: 




E J R Lee
Director

Date: 17 April 2024

The notes on pages 4 to 6 form part of these financial statements.

Page 2

 
TROWELLCO LIMITED
 

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


Called up share capital
Share premium account
Total equity

£
£
£


As restated at 1 January 2022
4,500
3,500,000
3,504,500



As restated at 1 January 2023
4,500
3,500,000
3,504,500

Shares issued during the year
300
-
300


At 31 December 2023
4,800
3,500,000
3,504,800


The notes on pages 4 to 6 form part of these financial statements.

Page 3

 
TROWELLCO LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023

1.


General information

Trowellco Limited ("the company") is a private company, limited by shares, incorporated in England and Wales with registration number of 12283145. The registered office is Eighth Floor 6 New Street Square, New Fetter Lane, London, EC4A 3AQ.

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 which assumes that the company will continue in operational existence for the foreseeable future. The company expects the continued support of the principal shareholders, who have confirmed that they will provide such financial support as is necessary for the company to meet its liabilities as they fall due and continue in operation for a period of at least twelve months from the date of signing of the financial statements of the company.

 
2.3

Valuation of investments

Investments in joint ventures 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

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.


3.


Employees

The average monthly number of employees, including directors, during the year was 5 (2022 - 5).

Page 4

 
TROWELLCO LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023

4.


Fixed asset investments





Investments in joint ventures

£



Cost or valuation


At 1 January 2023
3,500,000


Additions
1,183,333



At 31 December 2023
4,683,333





5.


Debtors

As restated
2023
2022
£
£


Other debtors
72,667
-

Called up share capital not paid
-
4,500

72,667
4,500



6.


Creditors: Amounts falling due within one year

2023
2022
£
£

Other creditors
1,251,200
-



7.


Share capital

At the start of the year, there were 1,000 ordinary shares of £1 in issue, issued at par, and 350,000,000,000 Preferred Ordinary shares of £0.00000001, issued for £3,503,500 in total (including share premium of £3,500,000). 
During the year a further 200 Ordinary shares were issued at par of £1, and a further 9,996,500,000 Preferred shares were issued at par of £0.00000001.
A share consolidation procedure was later completed to convert each 1,000,000,000 Preferred Ordinary shares of £0.00000001 into 1 Preferred Ordinary Share of £1. 
At the Balance Sheet date there were 1,200 Ordinary shares of £1 in issue, issued at par, and 3,600 Preferred Ordinary shares of £1 in issue, issued at par.

Page 5

 
TROWELLCO LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023

8.


Prior year adjustment

During the preparation of the financial statements of the company for the year ended 31 December 2023, it was identified that the allocation of share capital and share premium in the prior year had been incorrectly split. The share capital arose on one allotment of shares and the share premium on a separate allotment, whereas the prior year figures had accounted for this as only one allotment. 
The entries to account for these transactions have been restated for the year ended 31 December 2023 and therefore the 2022 comparative figures reflect the revised allocation of these transactions within the Balance Sheet. There is no change to the profit for the current or previous year.

Page 6