Caseware UK (AP4) 2023.0.135 2023.0.135 2023-12-312023-12-312023-01-01trueNo description of principal activity2falsefalse2The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. 09989416 2023-01-01 2023-12-31 09989416 2022-01-01 2022-12-31 09989416 2023-12-31 09989416 2022-12-31 09989416 c:Director2 2023-01-01 2023-12-31 09989416 d:CurrentFinancialInstruments 2023-12-31 09989416 d:CurrentFinancialInstruments 2022-12-31 09989416 d:Non-currentFinancialInstruments 2023-12-31 09989416 d:Non-currentFinancialInstruments 2022-12-31 09989416 d:CurrentFinancialInstruments d:WithinOneYear 2023-12-31 09989416 d:CurrentFinancialInstruments d:WithinOneYear 2022-12-31 09989416 d:Non-currentFinancialInstruments d:AfterOneYear 2023-12-31 09989416 d:Non-currentFinancialInstruments d:AfterOneYear 2022-12-31 09989416 d:ShareCapital 2023-12-31 09989416 d:ShareCapital 2022-12-31 09989416 d:SharePremium 2023-12-31 09989416 d:SharePremium 2022-12-31 09989416 d:RetainedEarningsAccumulatedLosses 2023-12-31 09989416 d:RetainedEarningsAccumulatedLosses 2022-12-31 09989416 c:OrdinaryShareClass1 2023-01-01 2023-12-31 09989416 c:OrdinaryShareClass1 2023-12-31 09989416 c:OrdinaryShareClass1 2022-12-31 09989416 c:OrdinaryShareClass3 2023-01-01 2023-12-31 09989416 c:OrdinaryShareClass3 2023-12-31 09989416 c:OrdinaryShareClass3 2022-12-31 09989416 c:FRS102 2023-01-01 2023-12-31 09989416 c:AuditExempt-NoAccountantsReport 2023-01-01 2023-12-31 09989416 c:FullAccounts 2023-01-01 2023-12-31 09989416 c:PrivateLimitedCompanyLtd 2023-01-01 2023-12-31 09989416 6 2023-01-01 2023-12-31 xbrli:shares iso4217:GBP xbrli:pure

Registered number: 09989416









TSG ASSURANCE HOLDINGS LIMITED







UNAUDITED

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2023

 
TSG ASSURANCE HOLDINGS LIMITED
REGISTERED NUMBER: 09989416

STATEMENT OF FINANCIAL POSITION
AS AT 31 DECEMBER 2023

2023
2022
Note
£
£

Fixed assets
  

Investments
 4 
3,941,420
3,941,420

  
3,941,420
3,941,420

  

Creditors: amounts falling due within one year
 5 
-
(2,427)

Net current assets/(liabilities)
  
 
 
-
 
 
(2,427)

Total assets less current liabilities
  
3,941,420
3,938,993

Creditors: amounts falling due after more than one year
 6 
(972,059)
(961,093)

  

Net assets
  
2,969,361
2,977,900


Capital and reserves
  

Called up share capital 
 7 
2,413,771
2,413,771

Share premium account
  
573,544
573,544

Profit and loss account
  
(17,954)
(9,415)

  
2,969,361
2,977,900


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.

Page 1

 
TSG ASSURANCE HOLDINGS LIMITED
REGISTERED NUMBER: 09989416
    
STATEMENT OF FINANCIAL POSITION (CONTINUED)
AS AT 31 DECEMBER 2023

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.




................................................
M Watson
Director

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

Page 2

 
TSG ASSURANCE HOLDINGS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023

1.


General information

TSG Assurance Holdings Limited is a private company limited by shares and is registered in England and Wales. The registered office is Dawson House, 5 Jewry Street, London, EC3N 2EX.

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

Finance costs

Finance costs are charged to profit or loss over the term of the debt using the effective interest method so that the amount charged is at a constant rate on the carrying amount. Issue costs are initially recognised as a reduction in the proceeds of the associated capital instrument.

 
2.3

Borrowing costs

All borrowing costs are recognised in profit or loss in the year in which they are incurred.

 
2.4

Valuation of investments

Investments in subsidiaries are measured at cost less accumulated impairment.

 
2.5

Creditors

Short term creditors are measured at the transaction price. Other financial liabilities are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

Page 3

 
TSG ASSURANCE HOLDINGS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023

2.Accounting policies (continued)

 
2.6

Financial instruments

The company only enters into basic financial instrument transactions that result in the recognition of financial assets and liabilities like other debtors and creditors.


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 January 2023
3,941,420



At 31 December 2023
3,941,420





5.


Creditors: Amounts falling due within one year

2023
2022
£
£

Accruals and deferred income
-
2,427

-
2,427



6.


Creditors: Amounts falling due after more than one year

2023
2022
£
£

Other loans
156,567
151,028

Amounts owed to group undertakings
815,492
810,065

972,059
961,093


Page 4

 
TSG ASSURANCE HOLDINGS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023

7.


Share capital

2023
2022
£
£
Allotted, called up and fully paid



110 (2022 - 110) Ordinary shares of £1.00 each
110
110
2,413,661 (2022 - 2,413,661) Deferred shares of £1.00 each
2,413,661
2,413,661

2,413,771

2,413,771


 
Page 5