Caseware UK (AP4) 2023.0.135 2023.0.135 2023-11-302023-11-30false0No description of principal activityfalse2022-11-092trueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.false 14472157 2022-11-08 14472157 2022-11-09 2023-11-30 14472157 2021-12-01 2022-11-08 14472157 2023-11-30 14472157 c:Director2 2022-11-09 2023-11-30 14472157 d:CurrentFinancialInstruments 2023-11-30 14472157 d:CurrentFinancialInstruments d:WithinOneYear 2023-11-30 14472157 d:ShareCapital 2023-11-30 14472157 d:RetainedEarningsAccumulatedLosses 2023-11-30 14472157 c:OrdinaryShareClass1 2022-11-09 2023-11-30 14472157 c:OrdinaryShareClass1 2023-11-30 14472157 c:OrdinaryShareClass2 2022-11-09 2023-11-30 14472157 c:OrdinaryShareClass2 2023-11-30 14472157 c:OrdinaryShareClass3 2022-11-09 2023-11-30 14472157 c:OrdinaryShareClass3 2023-11-30 14472157 c:OrdinaryShareClass4 2022-11-09 2023-11-30 14472157 c:OrdinaryShareClass4 2023-11-30 14472157 c:FRS102 2022-11-09 2023-11-30 14472157 c:AuditExempt-NoAccountantsReport 2022-11-09 2023-11-30 14472157 c:FullAccounts 2022-11-09 2023-11-30 14472157 c:PrivateLimitedCompanyLtd 2022-11-09 2023-11-30 14472157 2 2022-11-09 2023-11-30 14472157 6 2022-11-09 2023-11-30 14472157 e:PoundSterling 2022-11-09 2023-11-30 iso4217:GBP xbrli:shares xbrli:pure

Registered number: 14472157










DMR HERITAGE LIMITED








UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE PERIOD ENDED 30 NOVEMBER 2023

 
DMR HERITAGE LIMITED
REGISTERED NUMBER: 14472157

BALANCE SHEET
AS AT 30 NOVEMBER 2023

2023
Note
£

Fixed assets
  

Investments
 4 
1,731,124

  
1,731,124

Current assets
  

Debtors: amounts falling due within one year
 5 
1,150,750

Cash at bank and in hand
 6 
504,633

  
1,655,383

Creditors: amounts falling due within one year
 7 
(3,356,403)

Net current (liabilities)/assets
  
 
 
(1,701,020)

Total assets less current liabilities
  
30,104

  

Net assets
  
30,104


Capital and reserves
  

Called up share capital 
 8 
100

Profit and loss account
  
30,004

  
30,104


Page 1

 
DMR HERITAGE LIMITED
REGISTERED NUMBER: 14472157

BALANCE SHEET (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 period 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 on 8 August 2024.




D Robinson
Director

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

Page 2

 
DMR HERITAGE LIMITED
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 30 NOVEMBER 2023

1.


General information

DMR Heritage Limited is a private company limited by shares incorporated in England and Wales. The registered office is Ash House, Springhill Lane, St. Mary Bourne, Andover, Hampshire, United Kingdom, SP11 6BG.

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 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:

 
2.2

Interest income

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

 
2.3

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 balance sheet date in the countries where the Company operates and generates income.

 
2.4

Valuation of investments

Investments in listed company shares are remeasured to market value at each balance sheet date. Gains and losses on remeasurement are recognised in profit or loss for the period.

 
2.5

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.

 
2.6

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.

 
2.7

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.

 
2.8

Financial instruments

The Company only enters into basic financial instrument transactions that result in the recognition of financial assets and liabilities like trade and other debtors and creditors, loans from banks and other
Page 3

 
DMR HERITAGE LIMITED
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 30 NOVEMBER 2023

2.Accounting policies (continued)


2.8
Financial instruments (continued)

third parties, loans to related parties and investments in ordinary shares.

 
2.9

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 at an annual general meeting.


3.


Employees




The average monthly number of employees, including directors, during the period was 2.


4.


Fixed asset investments





Listed investments

£



Cost or valuation


Additions
1,788,890


Disposals
(59,822)


Revaluations
2,056



At 30 November 2023
1,731,124





5.


Debtors

2023
£


Amounts owed by associated undertakings
1,149,600

Other debtors
1,150


Amounts owed by associated undertakings are loans to companies under common control. There are no fixed dates of repayment of the loans and interest of 4.5% is charged on the loans.


6.


Cash and cash equivalents

2023
£

Cash at bank and in hand
504,633


Page 4

 
DMR HERITAGE LIMITED
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 30 NOVEMBER 2023

7.


Creditors: amounts falling due within one year

2023
£

Amounts owed to other participating interests
3,342,201

Corporation tax
8,202

Accruals and deferred income
6,000

3,356,403



8.


Share capital

2023
£
Allotted, called up and fully paid


30 A Ordinary shares of £1.00 each
30
20 B Ordinary shares of £1.00 each
20
20 C Ordinary shares of £1.00 each
20
30 D Ordinary shares of £1.00 each
30

100


On incorporation 60 A Ordinary shares of £1.00 each were issued at par.
During the year, 30 A Ordinary shares were reclassed to 30 D Ordinary shares of £1.00 each.
During the year, 20 B Ordinary shares and 20 C Ordinary shares of £1.00 each were issued at par.


9.


Related party transactions

Amounts due to participating interests include loan notes from one of the directors of £1,380,000, £1,380,000 due from a close family member of the directors and £255,000 due from a Trust. The Trustees of the Trust are both directors of DMR Heritage Limited.
The loan notes have no set terms of repayment and interest is not being charged. Also included within amounts due to participating interests is £327,201 due from another director, this amount has no set terms of repayment and interest is not being charged.


10.


Controlling party

The Company is under the control of one of its Directors, D Robinson. 


Page 5