Caseware UK (AP4) 2022.0.179 2022.0.179 2022-04-01falseNo description of principal activity22falsetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. 13261632 2022-04-01 2023-03-31 13261632 2021-03-12 2022-03-31 13261632 2023-03-31 13261632 2022-03-31 13261632 c:Director1 2022-04-01 2023-03-31 13261632 c:Director2 2022-04-01 2023-03-31 13261632 d:CurrentFinancialInstruments 2023-03-31 13261632 d:CurrentFinancialInstruments 2022-03-31 13261632 d:Non-currentFinancialInstruments 2023-03-31 13261632 d:Non-currentFinancialInstruments 2022-03-31 13261632 d:CurrentFinancialInstruments d:WithinOneYear 2023-03-31 13261632 d:CurrentFinancialInstruments d:WithinOneYear 2022-03-31 13261632 d:Non-currentFinancialInstruments d:AfterOneYear 2023-03-31 13261632 d:Non-currentFinancialInstruments d:AfterOneYear 2022-03-31 13261632 d:ShareCapital 2023-03-31 13261632 d:ShareCapital 2022-03-31 13261632 d:SharePremium 2023-03-31 13261632 d:SharePremium 2022-03-31 13261632 d:RetainedEarningsAccumulatedLosses 2023-03-31 13261632 d:RetainedEarningsAccumulatedLosses 2022-03-31 13261632 c:FRS102 2022-04-01 2023-03-31 13261632 c:AuditExempt-NoAccountantsReport 2022-04-01 2023-03-31 13261632 c:FullAccounts 2022-04-01 2023-03-31 13261632 c:PrivateLimitedCompanyLtd 2022-04-01 2023-03-31 13261632 d:Subsidiary1 2022-04-01 2023-03-31 13261632 d:Subsidiary1 1 2022-04-01 2023-03-31 13261632 2 2022-04-01 2023-03-31 13261632 6 2022-04-01 2023-03-31 13261632 d:ListedExchangeTraded 2023-03-31 13261632 d:ListedExchangeTraded 2022-03-31 13261632 d:UnlistedNon-exchangeTraded 2023-03-31 13261632 d:UnlistedNon-exchangeTraded 2022-03-31 iso4217:GBP xbrli:pure


















Peterslane Holdings Limited























Unaudited

Financial statements



For the year ended 31 March 2023



Registered number: 13261632

 
Peterslane Holdings Limited - Registered number: 13261632

Statement of financial position
As at 31 March 2023

2023
2023
2022
2022
Note
£
£
£
£

Fixed assets
  

Investments
 4 
7,456,176
10,206,564

  Current assets
  

Debtors: amounts falling due within one year
 5 
332,484
332,484

Cash at bank and in hand
  
4,103,631
7,644,583

  
4,436,115
7,977,067

Creditors: amounts falling due within one year
 6 
(247,945)
(597,940)

Net current assets
  
 
 
4,188,170
 
 
7,379,127

Total assets less current liabilities
  
11,644,346
17,585,691

Creditors: amounts falling due after more than one year
 7 
(6,091,000)
(7,812,738)

  

Net assets
  
5,553,346
9,772,953


Capital and reserves
  

Share capital
  
200
200

Share premium account
  
5,539,409
5,539,409

Profit and loss account
  
13,737
4,233,344

  
5,553,346
9,772,953


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.






 
Page 1

 
Peterslane Holdings Limited - Registered number: 13261632

Statement of financial position (continued)
As at 31 March 2023


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: 




................................................
D C Scorey
................................................
N J Scorey
Director
Director


Date: 23 November 2023

The notes on pages 3 to 6 form part of these financial statements.

Page 2

 
Peterslane Holdings Limited

 
Notes to the financial statements
For the year ended 31 March 2023

1.


General information

The company is a private company limited by shares and incorporated in England and Wales. The registered office
of the company is C/O Buzzacott LLP, 130 Wood Street, London, EC2V 6DL. The company registration number is 13261632.

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 Republic of Ireland' ('FRS 102') 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 judgement in applying the company's accounting policies.

The following principal accounting policies have been applied:

 
2.2

Group financial statements

The financial statements present information about the company as an individual undertaking and not about its group. The company and its subsidiary comprise a small-sized group. The company has therefore taken advantage of the exemption provided by section 398 of the Companies Act 2006 from the requirements to prepare group financial statements.

 
2.3

Foreign currency translation

Functional and presentation currency

The company's functional and presentational currency is GBP.

Transactions and balances

Foreign currency transactions are translated into the functional currency using the spot exchange rates at the dates of the transactions.

At each period end foreign currency monetary items are translated using the closing rate. Non-monetary items measured at historical cost are translated using the exchange rate at the date of the transaction and non-monetary items measured at fair value are measured using the exchange rate when fair value was determined.

 
2.4

Interest income

Interest income is recognised in profit or loss using the effective interest method.

Page 3

 
Peterslane Holdings Limited

Notes to the financial statements
For the year ended 31 March 2023

2.Accounting policies (continued)

 
2.5

Taxation

Tax is recognised in profit or loss except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates income.

 
2.6

Valuation of investments

Investments in subsidiaries are measured at cost less accumulated impairment.

Investments in unlisted company shares, whose market value can be reliably determined, are remeasured to market value at each reporting date. Gains and losses on remeasurement are recognised in the Statement of income and retained earnings for the period. Where market value cannot be reliably determined, such investments are stated at historic cost less impairment.

Investments in listed company shares are remeasured to market value at each reporting date. Gains and losses on remeasurement are recognised in profit or loss for the period.

 
2.7

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.

 
2.8

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.

 
2.9

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.

 
2.10

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).

Page 4

 
Peterslane Holdings Limited

 
Notes to the financial statements
For the year ended 31 March 2023

4.


Fixed asset investments





Investments in subsidiary companies
Listed investments
Unlisted investments
Total

£
£
£
£



Cost or valuation


At 1 April 2022
3,600,907
6,483,088
122,569
10,206,564


Additions
-
6,716,783
-
6,716,783


Disposals
-
(4,059,081)
-
(4,059,081)


Revaluations
-
(2,018,539)
-
(2,018,539)



At 31 March 2023

3,600,907
7,122,251
122,569
10,845,727



Impairment


Charge for the period
3,389,551
-
-
3,389,551



At 31 March 2023

3,389,551
-
-
3,389,551



Net book value



At 31 March 2023
211,356
7,122,251
122,569
7,456,176



At 31 March 2022
3,600,907
6,483,088
122,569
10,206,564


Subsidiary undertaking


The following was a subsidiary undertaking of the company:

Name

Registered office

Class of shares

Holding

RCI Holdings Limited
Malta
Ordinary shares
100%

During the year, RCI Holdings Limited entered into liquidation. An impairment charge has been recognised and the cost of investment written down to its recoverable amount.

Page 5

 
Peterslane Holdings Limited

 
Notes to the financial statements
For the year ended 31 March 2023

5.


Debtors

2023
2022
£
£


Other debtors
332,384
332,384

Share capital not paid
100
100

332,484
332,484



6.


Creditors: Amounts falling due within one year

2023
2022
£
£

Trade creditors
2,512
32,543

Amounts owed to group undertakings
9,117
-

Corporation tax
228,540
556,704

Other creditors
-
1,703

Accruals and deferred income
7,776
6,990

247,945
597,940



7.


Creditors: Amounts falling due after more than one year

2023
2022
£
£

Debentures loans
5,154,213
6,772,690

Other creditors
936,787
1,040,048

6,091,000
7,812,738



Page 6