Caseware UK (AP4) 2023.0.135 2023.0.135 2023-11-302023-11-302024-05-2122022-12-01false2trueNo description of principal activitytrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. 12696675 2022-12-01 2023-11-30 12696675 2021-12-01 2022-11-30 12696675 2023-11-30 12696675 2022-11-30 12696675 c:Director1 2022-12-01 2023-11-30 12696675 d:CurrentFinancialInstruments 2023-11-30 12696675 d:CurrentFinancialInstruments 2022-11-30 12696675 d:ShareCapital 2023-11-30 12696675 d:ShareCapital 2022-11-30 12696675 d:RetainedEarningsAccumulatedLosses 2023-11-30 12696675 d:RetainedEarningsAccumulatedLosses 2022-11-30 12696675 c:FRS102 2022-12-01 2023-11-30 12696675 c:AuditExempt-NoAccountantsReport 2022-12-01 2023-11-30 12696675 c:FullAccounts 2022-12-01 2023-11-30 12696675 c:PrivateLimitedCompanyLtd 2022-12-01 2023-11-30 12696675 6 2022-12-01 2023-11-30 iso4217:GBP xbrli:pure

Registered number: 12696675










SALPEN HOLDINGS LIMITED








UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 30 NOVEMBER 2023

 
SALPEN HOLDINGS LIMITED
REGISTERED NUMBER: 12696675

STATEMENT OF FINANCIAL POSITION
AS AT 30 NOVEMBER 2023

2023
2022
Note
£
£

Fixed assets
  

Investments
 4 
749,998
749,998

  
749,998
749,998

Current assets
  

Debtors: amounts falling due within one year
 5 
-
16

Cash at bank and in hand
  
1,002
486

  
1,002
502

Total assets less current liabilities
  
 
 
751,000
 
 
750,500

  

Net assets
  
751,000
750,500


Capital and reserves
  

Called up share capital 
  
750,000
750,000

Profit and loss account
  
1,000
500

  
751,000
750,500


Page 1

 
SALPEN HOLDINGS LIMITED
REGISTERED NUMBER: 12696675
    
STATEMENT OF FINANCIAL POSITION (CONTINUED)
AS AT 30 NOVEMBER 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 income statement 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: 




................................................
S J Appleby
Director

Date: 21 May 2024

The notes on pages 3 to 4 form part of these financial statements.

Page 2

 
SALPEN HOLDINGS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 NOVEMBER 2023

1.


General information

Salpen Holdings Limited is a private company limited by shares and incorporated in England and Wales, registration number 12696675. The registered office is Progress Way, Mid Suffolk Business Park, Langton Green, Eye, Suffolk, IP23 7HU.

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.

 
2.2

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 Income statement 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.

 
2.3

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

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.


3.


Employees

The average monthly number of employees, including directors, during the year was 2 (2022 - 2).

Page 3

 
SALPEN HOLDINGS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 NOVEMBER 2023

4.


Fixed asset investments





Investments in subsidiary companies

£



Cost or valuation


At 1 December 2022
749,998



At 30 November 2023
749,998





5.


Debtors

2023
2022
£
£


Amounts owed by group undertakings
-
16

-
16



6.


Related party transactions

Salpen Limited is a wholly owned subsidiary of the company. 
No transactions have been disclosed in relation to Salpen Limited, in line with the exemption contained within the Financial Reporting Standard 8.

 
Page 4