Caseware UK (AP4) 2023.0.135 2023.0.135 2023-06-302023-06-302022-07-01Hholdings company5false3falsetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. 13685847 2022-07-01 2023-06-30 13685847 2021-07-01 2022-06-30 13685847 2023-06-30 13685847 2022-06-30 13685847 c:Director1 2022-07-01 2023-06-30 13685847 c:Director1 2023-06-30 13685847 c:Director2 2022-07-01 2023-06-30 13685847 c:Director2 2023-06-30 13685847 c:Director3 2022-07-01 2023-06-30 13685847 c:Director3 2023-06-30 13685847 c:Director4 2022-07-01 2023-06-30 13685847 c:Director4 2023-06-30 13685847 c:Director5 2022-07-01 2023-06-30 13685847 c:Director5 2023-06-30 13685847 c:RegisteredOffice 2022-07-01 2023-06-30 13685847 d:CurrentFinancialInstruments 2023-06-30 13685847 d:CurrentFinancialInstruments 2022-06-30 13685847 d:CurrentFinancialInstruments d:WithinOneYear 2023-06-30 13685847 d:CurrentFinancialInstruments d:WithinOneYear 2022-06-30 13685847 d:ShareCapital 2023-06-30 13685847 d:ShareCapital 2022-06-30 13685847 d:RetainedEarningsAccumulatedLosses 2023-06-30 13685847 d:RetainedEarningsAccumulatedLosses 2022-06-30 13685847 c:FRS102 2022-07-01 2023-06-30 13685847 c:AuditExempt-NoAccountantsReport 2022-07-01 2023-06-30 13685847 c:FullAccounts 2022-07-01 2023-06-30 13685847 c:PrivateLimitedCompanyLtd 2022-07-01 2023-06-30 13685847 2 2022-07-01 2023-06-30 13685847 6 2022-07-01 2023-06-30 iso4217:GBP xbrli:pure
Registered number: 13685847














NEG THE TREATY 1 HOLDINGS LIMITED 
(FORMERLY BYM HOUNSLOW 1 HOLDINGS LTD)
UNAUDITED
FINANCIAL STATEMENTS
INFORMATION FOR FILING WITH THE REGISTRAR
FOR THE YEAR ENDED 30 JUNE 2023

 
NEG THE TREATY 1 HOLDINGS LIMITED (FORMERLY BYM HOUNSLOW 1 HOLDINGS LTD)
 
 
COMPANY INFORMATION


Directors
I Hanokh (appointed 29 March 2024)
D Liberman (appointed 29 March 2024)
R B Michael (appointed 29 March 2024)
I I Perl (appointed 29 March 2024)
U Segal (appointed 29 March 2024)




Registered number
13685847



Registered office
385-389 Oxford Street

London

W1C 2NB




Accountants
Sopher + Co LLP
Chartered Accountants

5 Elstree Gate

Elstree Way

Borehamwood

Hertfordshire

WD6 1JD





 
NEG THE TREATY 1 HOLDINGS LIMITED (FORMERLY BYM HOUNSLOW 1 HOLDINGS LTD)
 

CONTENTS



Page
Statement of Financial Position
 
 
1 - 2
Notes to the Financial Statements
 
 
3 - 5


 
NEG THE TREATY 1 HOLDINGS LIMITED (FORMERLY BYM HOUNSLOW 1 HOLDINGS LTD)
REGISTERED NUMBER:13685847

STATEMENT OF FINANCIAL POSITION
AS AT 30 JUNE 2023

As restated
2023
2022
Note
£
£

Fixed assets
  

Investments
 4 
100
100

  
100
100

Current assets
  

Debtors: amounts falling due within one year
 5 
500,000
500,000

Current liabilities
  
500,000
500,000

Creditors: amounts falling due within one year
 6 
(500,000)
(512,497)

Net assets/(liabilities)
  
 
 
100
 
 
(12,397)


Capital and reserves
  

Called up share capital 
  
100
100

Profit and loss account
  
-
(12,497)

  
100
(12,397)


Page 1

 
NEG THE TREATY 1 HOLDINGS LIMITED (FORMERLY BYM HOUNSLOW 1 HOLDINGS LTD)
REGISTERED NUMBER:13685847
    
STATEMENT OF FINANCIAL POSITION (CONTINUED)
AS AT 30 JUNE 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 statement of comprehensive income 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: 




U Segal
Director

Date: 15 July 2024

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

Page 2

 
NEG THE TREATY 1 HOLDINGS LIMITED (FORMERLY BYM HOUNSLOW 1 HOLDINGS LTD)
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2023

1.


General information

NEG The Treaty 1 Holdings Limited (Formerly BYM Hounslow 1 Holdings Limited) is a private company limited by shares, registered incorporated in England and Wales. The registered office is 385-389 Oxford Street, London, England, W1C, 2NB.
The prinicipal activity of the company continues to be that of a holdings company.
The company's functional and presentational currency is £ Sterling.

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

Exemption from preparing consolidated financial statements

The Company, and the Group headed by it, qualify as small as set out in section 383 of the Companies Act 2006 and the parent and Group are considered eligible for the exemption to prepare consolidated accounts.

 
2.3

Interest income

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

 
2.4

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.

 
2.5

Valuation of investments

Investments in subsidiaries are measured at cost less accumulated impairment.

 
2.6

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.

 
2.7

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.

Page 3

 
NEG THE TREATY 1 HOLDINGS LIMITED (FORMERLY BYM HOUNSLOW 1 HOLDINGS LTD)
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2023

2.Accounting policies (continued)

 
2.8

Financial instruments

Basic financial assets

Basic financial assets, which include trade and other receivables, cash and bank balances, are initially measured at their transaction price including transaction costs and are subsequently carried at their amortised cost using the effective interest method, less any provision for impairment, unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest.

Discounting is omitted where the effect of discounting is immaterial. The Company's cash and cash equivalents, trade and most other receivables due with the operating cycle fall into this category of financial instruments.

Financial liabilities

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instruments any contract that evidences a residual interest in the assets of the Company after the deduction of all its liabilities.

Basic financial liabilities, which include trade and other payables, bank loans and other loans are initially measured at their transaction price after transaction costs. When this constitutes a financing transaction, whereby the debt instrument is measured at the present value of the future receipts discounted at a market rate of interest. Discounting is omitted where the effect of discounting is immaterial.

Debt instruments are subsequently carried at their amortised cost using the effective interest rate method.

Trade payables are obligations to pay for goods and services that have been acquired in the ordinary course of business from suppliers. Trade payables are classified as current liabilities if the payment is due within one year. If not, they represent non-current liabilities. Trade payables are initially recognised at their transaction price and subsequently are measured at amortised cost using the effective interest method. Discounting is omitted where the effect of discounting is immaterial.


3.


Employees

The average monthly number of employees, including directors, during the year was 5 (2022 - 3).

Page 4

 
NEG THE TREATY 1 HOLDINGS LIMITED (FORMERLY BYM HOUNSLOW 1 HOLDINGS LTD)
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2023

4.


Fixed asset investments





Investments in subsidiary companies

£



Cost 


At 1 July 2022
100



At 30 June 2023
100





5.


Debtors

2023
2022
£
£


Amounts owed by group undertakings
499,900
499,976

Other debtors
100
24

500,000
500,000



6.


Creditors: Amounts falling due within one year

2023
2022
£
£

Other creditors
500,000
512,497

500,000
512,497



7.


Related party transactions

The company has taken advantage of exemption, under the terms of Section 1A Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owed subsidiaries within the group.
Included within other creditors is an amount of £500,000 (2022: £512,497) owed to a director. This amount is interest free and repayable on demand.

 
Page 5