Caseware UK (AP4) 2023.0.135 2023.0.135 2024-03-312024-03-3142023-04-01falseHolding company4truetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. 05801161 2023-04-01 2024-03-31 05801161 2022-04-01 2023-03-31 05801161 2024-03-31 05801161 2023-03-31 05801161 c:Director1 2023-04-01 2024-03-31 05801161 d:Buildings 2023-04-01 2024-03-31 05801161 d:Buildings 2024-03-31 05801161 d:Buildings 2023-03-31 05801161 d:Goodwill 2023-04-01 2024-03-31 05801161 d:Goodwill 2024-03-31 05801161 d:Goodwill 2023-03-31 05801161 d:FreeholdInvestmentProperty 2023-04-01 2024-03-31 05801161 d:FreeholdInvestmentProperty 2024-03-31 05801161 d:FreeholdInvestmentProperty 2023-03-31 05801161 d:CurrentFinancialInstruments 2024-03-31 05801161 d:CurrentFinancialInstruments 2023-03-31 05801161 d:Non-currentFinancialInstruments 2024-03-31 05801161 d:Non-currentFinancialInstruments 2023-03-31 05801161 d:CurrentFinancialInstruments d:WithinOneYear 2024-03-31 05801161 d:CurrentFinancialInstruments d:WithinOneYear 2023-03-31 05801161 d:Non-currentFinancialInstruments d:AfterOneYear 2024-03-31 05801161 d:Non-currentFinancialInstruments d:AfterOneYear 2023-03-31 05801161 d:Non-currentFinancialInstruments d:BetweenOneTwoYears 2024-03-31 05801161 d:Non-currentFinancialInstruments d:BetweenOneTwoYears 2023-03-31 05801161 d:Non-currentFinancialInstruments d:BetweenTwoFiveYears 2024-03-31 05801161 d:Non-currentFinancialInstruments d:BetweenTwoFiveYears 2023-03-31 05801161 d:ShareCapital 2024-03-31 05801161 d:ShareCapital 2023-03-31 05801161 d:SharePremium 2023-04-01 2024-03-31 05801161 d:SharePremium 2024-03-31 05801161 d:SharePremium 2023-03-31 05801161 d:CapitalRedemptionReserve 2023-04-01 2024-03-31 05801161 d:CapitalRedemptionReserve 2024-03-31 05801161 d:CapitalRedemptionReserve 2023-03-31 05801161 d:RetainedEarningsAccumulatedLosses 2023-04-01 2024-03-31 05801161 d:RetainedEarningsAccumulatedLosses 2024-03-31 05801161 d:RetainedEarningsAccumulatedLosses 2023-03-31 05801161 c:OrdinaryShareClass1 2023-04-01 2024-03-31 05801161 c:OrdinaryShareClass1 2024-03-31 05801161 c:OrdinaryShareClass1 2023-03-31 05801161 c:OrdinaryShareClass2 2023-04-01 2024-03-31 05801161 c:OrdinaryShareClass2 2024-03-31 05801161 c:OrdinaryShareClass2 2023-03-31 05801161 c:OrdinaryShareClass4 2023-04-01 2024-03-31 05801161 c:OrdinaryShareClass4 2024-03-31 05801161 c:OrdinaryShareClass4 2023-03-31 05801161 c:FRS102 2023-04-01 2024-03-31 05801161 c:AuditExempt-NoAccountantsReport 2023-04-01 2024-03-31 05801161 c:FullAccounts 2023-04-01 2024-03-31 05801161 c:PrivateLimitedCompanyLtd 2023-04-01 2024-03-31 05801161 6 2023-04-01 2024-03-31 05801161 d:Goodwill d:OwnedIntangibleAssets 2023-04-01 2024-03-31 05801161 e:PoundSterling 2023-04-01 2024-03-31 iso4217:GBP xbrli:shares xbrli:pure

Registered number: 05801161










CALEB ROBERTS GROUP LIMITED








UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 31 MARCH 2024

 
CALEB ROBERTS GROUP LIMITED
REGISTERED NUMBER: 05801161

BALANCE SHEET
AS AT 31 MARCH 2024

2024
2023
Note
£
£

Fixed assets
  

Intangible assets
 5 
71,200
89,000

Tangible assets
 6 
405,000
405,000

Investments
 7 
153,785
153,785

Investment property
 8 
128,172
65,000

  
758,157
712,785

Current assets
  

Debtors: amounts falling due within one year
 9 
55,134
7,593

Cash at bank and in hand
 10 
75,475
50,072

  
130,609
57,665

Creditors: amounts falling due within one year
 11 
(70,934)
(46,533)

Net current assets
  
 
 
59,675
 
 
11,132

Total assets less current liabilities
  
817,832
723,917

Creditors: amounts falling due after more than one year
 12 
(24,604)
(43,085)

  

Net assets
  
793,228
680,832


Capital and reserves
  

Called up share capital 
 14 
109
109

Share premium account
 15 
537,034
537,034

Capital redemption reserve
 15 
26
26

Profit and loss account
 15 
256,059
143,663

  
793,228
680,832


Page 1

 
CALEB ROBERTS GROUP LIMITED
REGISTERED NUMBER: 05801161
    
BALANCE SHEET (CONTINUED)
AS AT 31 MARCH 2024

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 on 7 August 2024.




H A Campbell
Director

The notes on pages 3 to 12 form part of these financial statements.

Page 2

 
CALEB ROBERTS GROUP LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024

1.


General information

Caleb Roberts Group Limited, 05801161, is a private company limited by shares, incorporated in England and Wales, with its registered office and principal place of business at Wylcwm House, Wylcwm Place, Knighton, Powys, LD7 1AE.
The principal activity of the company is that of a holding company.

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

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.

 
2.3

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.

 
2.4

Borrowing costs

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

Page 3

 
CALEB ROBERTS GROUP LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024

2.Accounting policies (continued)

 
2.5

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.

 
2.6

Intangible assets

Goodwill

Goodwill represents the difference between amounts paid on the cost of a business combination and the acquirer’s interest in the fair value of its identifiable assets and liabilities of the acquiree at the date of acquisition. Subsequent to initial recognition, goodwill is measured at cost less accumulated amortisation and accumulated impairment losses. Goodwill is amortised on a straight-line basis to the Statement of comprehensive income over its useful economic life.

Other intangible assets

Intangible assets are initially recognised at cost. After recognition, under the cost model, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

All intangible assets are considered to have a finite useful life. If a reliable estimate of the useful life cannot be made, the useful life shall not exceed ten years.

Page 4

 
CALEB ROBERTS GROUP LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024

2.Accounting policies (continued)

 
2.7

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.

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:

Freehold property
-
Not depreciated

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.

The directors believe the residual value of the freehold property is similar to that of the cost and therefore deprecation is not applied.

 
2.8

Investment property

Investment property is carried at fair value determined annually by the Directors and derived from the current market rents and investment property yields for comparable real estate, adjusted if necessary for any difference in the nature, location or condition of the specific asset. No depreciation is provided. Changes in fair value are recognised in profit or loss.

 
2.9

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 balance sheet date. Gains and losses on remeasurement are recognised in the Statement of comprehensive income for the period. Where market value cannot be reliably determined, such investments are stated at historic cost less impairment.

 
2.10

Associates and joint ventures

Associates and Joint Ventures are held at cost less impairment.

 
2.11

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.

Page 5

 
CALEB ROBERTS GROUP LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024

2.Accounting policies (continued)

 
2.12

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.

 
2.13

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.

 
2.14

Financial instruments

The Company has elected to apply the provisions of Section 11 “Basic Financial Instruments” of FRS 102 to all of its financial instruments.

The Company has elected to apply the recognition and measurement provisions of IFRS 9 Financial Instruments (as adopted by the UK Endorsement Board) with the disclosure requirements of Sections 11 and 12 and the other presentation requirements of FRS 102.

Financial instruments are recognised in the Company's Balance sheet when the Company becomes party to the contractual provisions of the instrument.

Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

 
2.15

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.


Judgements in applying accounting policies and key sources of estimation uncertainty

Estimates and judgements are continually evaluated and are based on historical experience and other factors, including expectations or future events that are believed to be reasonable under the circumstances. 
The company makes estimates and assumptions concerning the future. The resulting accounting estimates will, by definition, seldom equal the related actual results. In the opinion of the directors there are no estimates nor assumptions that have a significant risk of causing a material adjustment to the carrying amounts of assets and liabilities within the next financial year.


4.


Employees

The average monthly number of employees, including directors, during the year was 4 (2023 - 4).

Page 6

 
CALEB ROBERTS GROUP LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024

5.


Intangible assets




Goodwill

£



Cost


At 1 April 2023
1,130,300



At 31 March 2024

1,130,300



Amortisation


At 1 April 2023
1,041,300


Charge for the year on owned assets
17,800



At 31 March 2024

1,059,100



Net book value



At 31 March 2024
71,200



At 31 March 2023
89,000




6.


Tangible fixed assets





Freehold property

£



Cost or valuation


At 1 April 2023
405,000



At 31 March 2024

405,000






Net book value



At 31 March 2024
405,000



At 31 March 2023
405,000

Page 7

 
CALEB ROBERTS GROUP LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024

7.


Fixed asset investments





Investments in subsidiary companies
Unlisted investments
Investment in joint ventures
Total

£
£
£
£



Cost or valuation


At 1 April 2023
212
3,623
149,950
153,785



At 31 March 2024
212
3,623
149,950
153,785





8.


Investment property


Freehold investment property

£



Valuation


At 1 April 2023
65,000


Additions at cost
63,172



At 31 March 2024
128,172

The 2024 valuations were made by the Directors, on an open market value for existing use basis.



If the Investment properties had been accounted for under the historic cost accounting rules, the properties would have been measured as follows:

2024
2023
£
£


Historic cost
128,172
65,000

128,172
65,000

Page 8

 
CALEB ROBERTS GROUP LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024

9.


Debtors

2024
2023
£
£


Amounts owed by group undertakings
55,134
7,593

55,134
7,593



10.


Cash and cash equivalents

2024
2023
£
£

Cash at bank and in hand
75,475
50,072

75,475
50,072



11.


Creditors: Amounts falling due within one year

2024
2023
£
£

Bank loans
21,067
22,293

Trade creditors
390
138

Amounts owed to group undertakings
-
829

Corporation tax
25,079
6,553

Other creditors
22,370
14,788

Accruals and deferred income
2,028
1,932

70,934
46,533


The following liabilities were secured:

2024
2023
£
£



Bank loans
21,067
22,293

21,067
22,293

Details of security provided:

The bank loans are secured upon the assets of the Company.

Page 9

 
CALEB ROBERTS GROUP LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024

12.


Creditors: Amounts falling due after more than one year

2024
2023
£
£

Bank loans
24,604
43,085

24,604
43,085


The following liabilities were secured:

2024
2023
£
£



Bank loans
24,604
43,085

24,604
43,085

Details of security provided:

The bank loans are secured upon the assets of the Company.

Page 10

 
CALEB ROBERTS GROUP LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024

13.


Loans


Analysis of the maturity of loans is given below:


2024
2023
£
£

Amounts falling due within one year

Bank loans
21,067
22,293


21,067
22,293

Amounts falling due 1-2 years

Bank loans
22,646
22,913


22,646
22,913

Amounts falling due 2-5 years

Bank loans
1,958
20,172


1,958
20,172


45,671
65,378



14.


Share capital

2024
2023
£
£
Allotted, called up and fully paid



69 (2023 - 69) Ordinary shares of £1.00 each
69
69
5 (2023 - 5) Ordinary A shares of £1.00 each
5
5
35 (2023 - 35) Preference shares of £1.00 each
35
35

109

109


Page 11

 
CALEB ROBERTS GROUP LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024

15.


Reserves

Share premium account

The share premium represents amounts paid for shares in excess of nominal value.

Capital redemption reserve

The capital redemption reserve represents the share capital of the Company that has been redeemed since incorporation.

Profit and loss account

The profit and loss account represents the accumulated profits of the Company since incorporation less distributions made to shareholders

 
Page 12