Caseware UK (AP4) 2023.0.135 2023.0.135 2023-12-312023-12-31The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.2023-01-01falseNo description of principal activity11truetruefalse 10948583 2023-01-01 2023-12-31 10948583 2022-01-01 2022-12-31 10948583 2023-12-31 10948583 2022-12-31 10948583 2022-01-01 10948583 c:Director1 2023-01-01 2023-12-31 10948583 d:Buildings 2023-01-01 2023-12-31 10948583 d:Buildings 2023-12-31 10948583 d:Buildings 2022-12-31 10948583 d:Buildings d:OwnedOrFreeholdAssets 2023-01-01 2023-12-31 10948583 d:PlantMachinery 2023-01-01 2023-12-31 10948583 d:PlantMachinery 2023-12-31 10948583 d:PlantMachinery 2022-12-31 10948583 d:PlantMachinery d:OwnedOrFreeholdAssets 2023-01-01 2023-12-31 10948583 d:FurnitureFittings 2023-01-01 2023-12-31 10948583 d:FurnitureFittings 2023-12-31 10948583 d:FurnitureFittings 2022-12-31 10948583 d:FurnitureFittings d:OwnedOrFreeholdAssets 2023-01-01 2023-12-31 10948583 d:OfficeEquipment 2023-01-01 2023-12-31 10948583 d:OfficeEquipment 2023-12-31 10948583 d:OfficeEquipment 2022-12-31 10948583 d:OfficeEquipment d:OwnedOrFreeholdAssets 2023-01-01 2023-12-31 10948583 d:OwnedOrFreeholdAssets 2023-01-01 2023-12-31 10948583 d:CurrentFinancialInstruments 2023-12-31 10948583 d:CurrentFinancialInstruments 2022-12-31 10948583 d:CurrentFinancialInstruments d:WithinOneYear 2023-12-31 10948583 d:CurrentFinancialInstruments d:WithinOneYear 2022-12-31 10948583 d:ShareCapital 2023-01-01 2023-12-31 10948583 d:ShareCapital 2023-12-31 10948583 d:ShareCapital 2022-01-01 2022-12-31 10948583 d:ShareCapital 2022-12-31 10948583 d:ShareCapital 2022-01-01 10948583 d:RetainedEarningsAccumulatedLosses 2023-01-01 2023-12-31 10948583 d:RetainedEarningsAccumulatedLosses 2023-12-31 10948583 d:RetainedEarningsAccumulatedLosses 2022-01-01 2022-12-31 10948583 d:RetainedEarningsAccumulatedLosses 2022-12-31 10948583 d:RetainedEarningsAccumulatedLosses 2022-01-01 10948583 c:OrdinaryShareClass1 2023-01-01 2023-12-31 10948583 c:OrdinaryShareClass1 2023-12-31 10948583 c:OrdinaryShareClass1 2022-12-31 10948583 c:FRS102 2023-01-01 2023-12-31 10948583 c:AuditExempt-NoAccountantsReport 2023-01-01 2023-12-31 10948583 c:FullAccounts 2023-01-01 2023-12-31 10948583 c:PrivateLimitedCompanyLtd 2023-01-01 2023-12-31 10948583 2 2023-01-01 2023-12-31 10948583 6 2023-01-01 2023-12-31 10948583 e:PoundSterling 2023-01-01 2023-12-31 xbrli:shares iso4217:GBP xbrli:pure
Registered number: 10948583






CHOLDCROFT HOLDINGS LIMITED

UNAUDITED
FINANCIAL STATEMENTS
INFORMATION FOR FILING WITH THE REGISTRAR
FOR THE YEAR ENDED 31 DECEMBER 2023

 
CHOLDCROFT HOLDINGS LIMITED
REGISTERED NUMBER: 10948583

STATEMENT OF FINANCIAL POSITION
AS AT 31 DECEMBER 2023

2023
2022
Note
£
£

Fixed assets
  

Tangible assets
 4 
501,054
495,480

Investments
 5 
1,460
590

  
502,514
496,070

Current assets
  

Debtors: amounts falling due within one year
 6 
240,417
360,000

Cash at bank and in hand
 7 
14,728
15,602

  
255,145
375,602

Creditors: amounts falling due within one year
 8 
(9,021)
(104,103)

Net current assets
  
 
 
246,124
 
 
271,499

Total assets less current liabilities
  
748,638
767,569

  

Net assets
  
748,638
767,569


Capital and reserves
  

Called up share capital 
 9 
100
100

Profit and loss account
 10 
748,538
767,469

  
748,638
767,569


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 year 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.

Page 1

 
CHOLDCROFT HOLDINGS LIMITED
REGISTERED NUMBER: 10948583
    
STATEMENT OF FINANCIAL POSITION (CONTINUED)
AS AT 31 DECEMBER 2023

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 on 1 August 2024.




N A Williams
Director

The notes on pages 5 to 10 form part of these financial statements.

Page 2

 
CHOLDCROFT HOLDINGS LIMITED
 

STATEMENT OF CHANGES IN EQUITY
FOR THE YEAR ENDED 31 DECEMBER 2023


Called up share capital
Profit and loss account
Total equity

£
£
£

At 1 January 2023
100
767,469
767,569


Comprehensive income for the year

Loss for the year
-
(18,931)
(18,931)
Total comprehensive income for the year
-
(18,931)
(18,931)


Total transactions with owners
-
-
-


At 31 December 2023
100
748,538
748,638


The notes on pages 5 to 10 form part of these financial statements.

Page 3

 
CHOLDCROFT HOLDINGS LIMITED
 

STATEMENT OF CHANGES IN EQUITY
FOR THE YEAR ENDED 31 DECEMBER 2022


Called up share capital
Profit and loss account
Total equity

£
£
£

At 1 January 2022
100
787,648
787,748


Comprehensive income for the year

Loss for the year
-
(20,179)
(20,179)
Total comprehensive income for the year
-
(20,179)
(20,179)


Total transactions with owners
-
-
-


At 31 December 2022
100
767,469
767,569


The notes on pages 5 to 10 form part of these financial statements.

Page 4

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

1.Accounting policies

 
1.1

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 FRS 102 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland' and the requirements of the Companies Act 2006. The disclosure requirements of Section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The following principal accounting policies have been applied:

 
1.2

Revenue

Revenue is recognised to the extent that it is probable that the economic benefits will flow to the Company and the revenue can be reliably measured. Revenue is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. The following criteria must also be met before revenue is recognised:

Rendering of services

Revenue from a contract to provide services is recognised in the period in which the services are provided in accordance with the stage of completion of the contract when all of the following conditions are satisfied:
the amount of revenue can be measured reliably;
it is probable that the Company will receive the consideration due under the contract;
the stage of completion of the contract at the end of the reporting period can be measured reliably; and
the costs incurred and the costs to complete the contract can be measured reliably.

 
1.3

Interest income

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

 
1.4

Taxation

Tax is recognised in profit or loss except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the Company operates and generates income.

 
1.5

Tangible fixed assets

Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management.

Page 5

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

1.Accounting policies (continued)


1.5
Tangible fixed assets (continued)

Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, using the straight-line method.

Depreciation is provided on the following basis:

Plant and machinery
-
20%
Fixtures and fittings
-
20%
Office equipment
-
20%

The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date.

Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in profit or loss.

 
1.6

Valuation of investments

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.

 
1.7

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.

 
1.8

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.

 
1.9

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 6

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

2.


Judgments in applying accounting policies and key sources of estimation uncertainty

In the application of the company's accounting policies management is required to make judgements, estimates and assumptions about the carrying value of assets and liabilities that are not readily ascertainable from other sources. The estimates and underlying assumptions are based on historical experience and other factors that are considered to be relevant. Actual outcomes may differ from these estimates.
The estimates and underlying assumptions are reviewed on a continuing basis. Revisions to accounting estimates are recognised in the period in which the estimates are revised.
The key areas of estimation uncertainty that have a significant effect on the amounts recognised in the financial statements are described below:
Prepayments & Accrued Expenditure
The company includes a provision for invoices which are yet to be received from and amounts paid in advance to suppliers. These provisions are estimated based upon the expected values of the invoices which are issued and services received following the period end.


3.


Employees




The average monthly number of employees, including directors, during the year was 1 (2022 - 1).

Page 7

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

4.


Tangible fixed assets





Land and buildings
Plant and machinery
Fixtures and fittings
Office equipment
Total

£
£
£
£
£



Cost or valuation


At 1 January 2023
474,398
43,650
7,019
409
525,476


Additions
15,708
-
-
-
15,708



At 31 December 2023

490,106
43,650
7,019
409
541,184



Depreciation


At 1 January 2023
-
25,405
4,257
334
29,996


Charge for the year on owned assets
-
8,655
1,404
75
10,134



At 31 December 2023

-
34,060
5,661
409
40,130



Net book value



At 31 December 2023
490,106
9,590
1,358
-
501,054



At 31 December 2022
474,398
18,245
2,762
75
495,480


5.


Fixed asset investments





Listed investments

£



Cost or valuation


At 1 January 2023
590


Additions
1,032


Revaluations
(162)



At 31 December 2023
1,460




Page 8

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

6.


Debtors

2023
2022
£
£


Other debtors
240,417
360,000

240,417
360,000



7.


Cash and cash equivalents

2023
2022
£
£

Cash at bank and in hand
14,728
15,602

14,728
15,602



8.


Creditors: Amounts falling due within one year

2023
2022
£
£

Other creditors
7,821
102,903

Accruals and deferred income
1,200
1,200

9,021
104,103



9.


Share capital

2023
2022
£
£
Allotted, called up and fully paid



100 (2022 - 100) Ordinary shares of £1.00 each
100
100


Page 9

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

10.


Reserves

Profit and loss account

The profit and loss reserve is fully distributable.


11.


Related party transactions

Included in Other debtors at the year end, is a balance of £240,417 (2022 - £360,000) which is money owed by Whitecross Day Nursery Limited, a company under common control.

 
Page 10