Caseware UK (AP4) 2022.0.179 2022.0.179 2023-09-302023-09-3052022-10-01falseNo description of principal activity5falsetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. 07504263 2022-10-01 2023-09-30 07504263 2021-10-01 2022-09-30 07504263 2023-09-30 07504263 2022-09-30 07504263 2021-10-01 07504263 c:Director1 2022-10-01 2023-09-30 07504263 d:CurrentFinancialInstruments 2023-09-30 07504263 d:CurrentFinancialInstruments 2022-09-30 07504263 d:CurrentFinancialInstruments d:WithinOneYear 2023-09-30 07504263 d:CurrentFinancialInstruments d:WithinOneYear 2022-09-30 07504263 d:ShareCapital 2022-10-01 2023-09-30 07504263 d:ShareCapital 2023-09-30 07504263 d:ShareCapital 2021-10-01 2022-09-30 07504263 d:ShareCapital 2022-09-30 07504263 d:ShareCapital 2021-10-01 07504263 d:SharePremium 2022-10-01 2023-09-30 07504263 d:SharePremium 2023-09-30 07504263 d:SharePremium 2021-10-01 2022-09-30 07504263 d:SharePremium 2022-09-30 07504263 d:SharePremium 2021-10-01 07504263 d:CapitalRedemptionReserve 2023-09-30 07504263 d:CapitalRedemptionReserve 2022-09-30 07504263 d:CapitalRedemptionReserve 2021-10-01 07504263 d:RetainedEarningsAccumulatedLosses 2022-10-01 2023-09-30 07504263 d:RetainedEarningsAccumulatedLosses 2023-09-30 07504263 d:RetainedEarningsAccumulatedLosses 2021-10-01 2022-09-30 07504263 d:RetainedEarningsAccumulatedLosses 2022-09-30 07504263 d:RetainedEarningsAccumulatedLosses 2021-10-01 07504263 c:OrdinaryShareClass1 2022-10-01 2023-09-30 07504263 c:OrdinaryShareClass1 2023-09-30 07504263 c:OrdinaryShareClass1 2022-09-30 07504263 c:OrdinaryShareClass2 2022-10-01 2023-09-30 07504263 c:OrdinaryShareClass2 2023-09-30 07504263 c:OrdinaryShareClass2 2022-09-30 07504263 c:OrdinaryShareClass3 2022-10-01 2023-09-30 07504263 c:OrdinaryShareClass3 2023-09-30 07504263 c:OrdinaryShareClass4 2022-10-01 2023-09-30 07504263 c:OrdinaryShareClass4 2023-09-30 07504263 c:OrdinaryShareClass4 2022-09-30 07504263 c:OrdinaryShareClass5 2022-10-01 2023-09-30 07504263 c:OrdinaryShareClass5 2023-09-30 07504263 c:OrdinaryShareClass5 2022-09-30 07504263 c:FRS102 2022-10-01 2023-09-30 07504263 c:AuditExempt-NoAccountantsReport 2022-10-01 2023-09-30 07504263 c:FullAccounts 2022-10-01 2023-09-30 07504263 c:PrivateLimitedCompanyLtd 2022-10-01 2023-09-30 07504263 d:Subsidiary1 2022-10-01 2023-09-30 07504263 d:Subsidiary1 1 2022-10-01 2023-09-30 07504263 d:Subsidiary2 2022-10-01 2023-09-30 07504263 d:Subsidiary2 1 2022-10-01 2023-09-30 07504263 d:Subsidiary3 2022-10-01 2023-09-30 07504263 d:Subsidiary3 1 2022-10-01 2023-09-30 07504263 d:Subsidiary4 2022-10-01 2023-09-30 07504263 d:Subsidiary4 1 2022-10-01 2023-09-30 07504263 6 2022-10-01 2023-09-30 07504263 e:PoundSterling 2022-10-01 2023-09-30 xbrli:shares iso4217:GBP xbrli:pure

Registered number: 07504263










UNBIASED EC1 LIMITED








UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 30 SEPTEMBER 2023



 
UNBIASED EC1 LIMITED
REGISTERED NUMBER: 07504263

BALANCE SHEET
AS AT 30 SEPTEMBER 2023

2023
2022
(as restated)
Note
£
£

Fixed assets
  

Investments
 4 
4
4

  
4
4

Current assets
  

Debtors: amounts falling due within one year
 5 
8,605,785
4,519,733

  
8,605,785
4,519,733

Creditors: amounts falling due within one year
 6 
-
(15,914)

Net current assets
  
 
 
8,605,785
 
 
4,503,819

Total assets less current liabilities
  
8,605,789
4,503,823

  

Net assets
  
8,605,789
4,503,823


Capital and reserves
  

Called up share capital 
 7 
74
67

Share premium account
  
8,917,513
4,583,318

Capital redemption reserve
  
57
57

Profit and loss account
  
(311,855)
(79,619)

  
8,605,789
4,503,823


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 statement of comprehensive income in accordance with provisions applicable to companies subject to the small companies' regime.

Page 1

 
UNBIASED EC1 LIMITED
REGISTERED NUMBER: 07504263

BALANCE SHEET (CONTINUED)
AS AT 30 SEPTEMBER 2023

The financial statements were approved and authorised for issue by the board and were signed on its behalf by: 


K A Barrett
Director
Date: 31 January 2024

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

Page 2

 
UNBIASED EC1 LIMITED
 

STATEMENT OF CHANGES IN EQUITY
FOR THE YEAR ENDED 30 SEPTEMBER 2023


Called up share capital
Share premium account
Capital redemption reserve
Profit and loss account
Total equity

£
£
£
£
£

At 1 October 2022
67
4,583,318
57
(79,619)
4,503,823



Loss for the year
-
-
-
(232,236)
(232,236)

Shares issued during the year
7
4,334,195
-
-
4,334,202


At 30 September 2023
74
8,917,513
57
(311,855)
8,605,789


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


STATEMENT OF CHANGES IN EQUITY
FOR THE YEAR ENDED 30 SEPTEMBER 2022


Called up share capital
Share premium account
Capital redemption reserve
Profit and loss account
Total equity

£
£
£
£
£

At 1 October 2021
67
4,582,589
57
(12,074)
4,570,639



Loss for the year
-
-
-
(67,545)
(67,545)

Shares issued during the year
-
729
-
-
729


At 30 September 2022
67
4,583,318
57
(79,619)
4,503,823


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

Page 3

 
UNBIASED EC1 LIMITED
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2023

1.


General information

Unbiased EC1 is a private limited company limited by shares and incorporated in England and Wales. The registered address is 3rd Floor, 32-38 Saffron Hill, London, england, EC1N 8FH.

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

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.

 
2.4

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.


3.


Employees

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

Page 4

 
UNBIASED EC1 LIMITED
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2023

4.


Fixed asset investments





Investments in subsidiary companies (Restated)

£



Cost or valuation


At 1 October 2022
4



At 30 September 2023
4





Subsidiary undertakings


The following were subsidiary undertakings of the Company:

Name

Registered office

Class of shares

Holding

Unbiased Limited
England & Wales
Ordinary
100%
IFA Promotion Limited
England & Wales
Ordinary
100%
Unbiased Incorporated
USA
Ordinary
100%
Unbiased Group Services Limited
England & Wales
Ordinary
100%

The aggregate of the share capital and reserves as at 30 September 2023 and the profit or loss for the year ended on that date for the subsidiary undertakings were as follows:

Name
Aggregate of share capital and reserves
Profit/(Loss)
£
£

Unbiased Limited
(1,059,764)
894,614

Unbiased Group Services Limited
(38,197)
(38,198)

Unbiased Incorporated
(14,829)
(3,320,155)

IFA Promotion Limited (Dormant)
1
-


5.


Debtors

2023
2022
£
£


Amounts owed by group undertakings
8,586,259
4,515,241

Other debtors
19,526
4,492

8,605,785
4,519,733


Page 5

 
UNBIASED EC1 LIMITED
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2023

6.


Creditors: Amounts falling due within one year

2023
2022
£
£

Other taxation and social security
-
15,914

-
15,914



7.


Share capital

2023
2022
£
£
Allotted, called up and fully paid



439,998 (2022 - 533,467) Ordinary shares of £0.00001 each
5
5
3,411,929 (2022 - 3,411,929) A Ordinary shares of £0.00001 each
34
34
19,707 (2021 - 19,707) B Ordinary shares of £0.00001 each
-
-
2,187,491 (2022 - 2,187,491) C Ordinary shares of £0.00001 each
22
22
482,925 (2022 - 482,925) D Ordinary shares of £0.00001 each
5
5
89,552 (2022 - 89,552) E Ordinary shares of £0.00001 each
1
1
729,163 (2022 - nil) C1 Ordinary shares of £0.00001 each
7
-

74

67


During the year 656,282 C1 Ordinary £0.00001 shares were issued for total consideration (less associated costs) of £4,500,237.
During the year, 72,881 Ordinary £0.00001 shares were re-designated as C1 Ordinary £0.00001 shares.
During the year, 93,595 Ordinary £0.00001 shares were re-designated as Deferred £0.00001 shares.
During the year, 93,595 Deferred £0.00001 shares were forfeited and cancelled.
During the year, 73,007 Ordinary £0.00001 shares were issued for total consideration of £730.


8.


Related party transactions

The Company is exempt under the terms of FRS102 from disclosing related party transactions with members of the group as the company is a wholly owned subsidiary.


9.


Controlling party

At the year end the directors do not consider there to be any single ultimate controlling party.


Page 6