Caseware UK (AP4) 2023.0.135 2023.0.135 2023-07-312023-07-310falseNo description of principal activity2022-10-25false0trueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. 14440461 2022-10-24 14440461 2022-10-25 2023-07-31 14440461 2021-10-25 2022-10-24 14440461 2023-07-31 14440461 c:Director1 2022-10-25 2023-07-31 14440461 d:CurrentFinancialInstruments 2023-07-31 14440461 d:CurrentFinancialInstruments d:WithinOneYear 2023-07-31 14440461 d:ShareCapital 2023-07-31 14440461 d:RetainedEarningsAccumulatedLosses 2023-07-31 14440461 d:FinancialAssetsDesignatedFairValueThroughProfitOrLoss 2023-07-31 14440461 c:OrdinaryShareClass1 2022-10-25 2023-07-31 14440461 c:OrdinaryShareClass1 2023-07-31 14440461 c:FRS102 2022-10-25 2023-07-31 14440461 c:AuditExempt-NoAccountantsReport 2022-10-25 2023-07-31 14440461 c:FullAccounts 2022-10-25 2023-07-31 14440461 c:PrivateLimitedCompanyLtd 2022-10-25 2023-07-31 14440461 6 2022-10-25 2023-07-31 14440461 e:PoundSterling 2022-10-25 2023-07-31 xbrli:shares iso4217:GBP xbrli:pure

Registered number: 14440461









THE GENERAL COMPANY LIMITED







UNAUDITED

FINANCIAL STATEMENTS

FOR THE PERIOD ENDED 31 JULY 2023

 
THE GENERAL COMPANY LIMITED
REGISTERED NUMBER: 14440461

BALANCE SHEET
AS AT 31 JULY 2023

31 July 2023
Note
£

Fixed assets
  

Investments
 4 
25

  
25

Current assets
  

Debtors: amounts falling due within one year
 5 
2,357

Cash at bank and in hand
 6 
100

  
2,457

Creditors: amounts falling due within one year
 7 
(1,200)

Net current assets
  
 
 
1,257

Total assets less current liabilities
  
1,282

  

Net assets
  
1,282


Capital and reserves
  

Called up share capital 
 9 
100

Profit and loss account
  
1,182

  
1,282


Page 1

 
THE GENERAL COMPANY LIMITED
REGISTERED NUMBER: 14440461
    
BALANCE SHEET (CONTINUED)
AS AT 31 JULY 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 period 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 on 30 July 2024.




................................................
Max Halley
Director

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

Page 2

 
THE GENERAL COMPANY LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 JULY 2023

1.


General information

The General Company Limited is a private company limited by shares, incorporated in England and Wales on 25 October 2022. The principal activity throughout the period was that of a holding company. The Company's year end was shortened from 31 October 2023 to 31 July 2023.

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

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.

 
2.5

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 Company has no employees other than the directors, who did not receive any remuneration.



Page 3

 
THE GENERAL COMPANY LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 JULY 2023

4.


Fixed asset investments





Investments in subsidiary companies

£



Cost or valuation


Additions
75


Disposals
(50)



At 31 July 2023
25





5.


Debtors

Period ended 31 July 2023
£


Amounts owed by related companies
2,357

2,357



6.


Cash and cash equivalents

Period ended 31 July 2023
£

Cash at bank and in hand
100

100


Page 4

 
THE GENERAL COMPANY LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 JULY 2023

7.


Creditors: Amounts falling due within one year

Period ended 31 July 2023
£

Amounts owed to related companies
1,200

1,200



8.


Financial instruments

Period ended 31 July 2023
£

Financial assets


Financial assets measured at fair value through profit or loss
100




Financial assets measured at fair value through profit or loss comprise cash at bank and in hand.


9.


Share capital

Period ended 31 July 2023
£
Allotted, called up and fully paid


100 Ordinary shares of £1 each
100


Upon incorporation 100 Ordinary £1 shares were issued at par.


10.


Controlling party

The Company is controlled by the director, Max Halley, by virtue of his shareholding, as described in the director's report.

 
Page 5