Caseware UK (AP4) 2023.0.135 2023.0.135 2023-11-302023-11-3022022-12-012No description of principal activityfalsetruetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. 08767969 2022-12-01 2023-11-30 08767969 2021-12-01 2022-11-30 08767969 2023-11-30 08767969 2022-11-30 08767969 c:Director1 2022-12-01 2023-11-30 08767969 d:CurrentFinancialInstruments 2023-11-30 08767969 d:CurrentFinancialInstruments 2022-11-30 08767969 d:CurrentFinancialInstruments d:WithinOneYear 2023-11-30 08767969 d:CurrentFinancialInstruments d:WithinOneYear 2022-11-30 08767969 d:ShareCapital 2023-11-30 08767969 d:ShareCapital 2022-11-30 08767969 d:RetainedEarningsAccumulatedLosses 2023-11-30 08767969 d:RetainedEarningsAccumulatedLosses 2022-11-30 08767969 d:FinancialAssetsDesignatedFairValueThroughProfitOrLoss 2023-11-30 08767969 d:FinancialAssetsDesignatedFairValueThroughProfitOrLoss 2022-11-30 08767969 c:FRS102 2022-12-01 2023-11-30 08767969 c:AuditExempt-NoAccountantsReport 2022-12-01 2023-11-30 08767969 c:FullAccounts 2022-12-01 2023-11-30 08767969 c:PrivateLimitedCompanyLtd 2022-12-01 2023-11-30 08767969 6 2022-12-01 2023-11-30 iso4217:GBP xbrli:pure

Registered number: 08767969










G.B.F.A.S INVESTMENTS LIMITED








UNAUDITED

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 NOVEMBER 2023

 
G.B.F.A.S INVESTMENTS LIMITED
REGISTERED NUMBER: 08767969

BALANCE SHEET
AS AT 30 NOVEMBER 2023

2023
2022
Note
£
£

Fixed assets
  

Investments
 4 
102
102

  
102
102

Current assets
  

Debtors: amounts falling due within one year
 5 
31,675
31,675

Cash at bank and in hand
 6 
25
35

  
31,700
31,710

Creditors: amounts falling due within one year
 7 
(822)
(822)

Net current assets
  
 
 
30,878
 
 
30,888

Total assets less current liabilities
  
30,980
30,990

  

Net assets
  
30,980
30,990


Capital and reserves
  

Called up share capital 
  
100
100

Profit and loss account
  
30,880
30,890

  
30,980
30,990


Page 1

 
G.B.F.A.S INVESTMENTS LIMITED
REGISTERED NUMBER: 08767969
    
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 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 profit and loss account 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.




G E Barry
Director

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

Page 2

 
G.B.F.A.S INVESTMENTS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 NOVEMBER 2023

1.


General information

G.B.F.A.S Investments Limited is a private company, limited by shares, registered in England and Wales. The company's registered number and registered office address can be found on the Company information page.

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

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 Profit and loss account 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 balance sheet 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

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.

 
2.6

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

Page 3

 
G.B.F.A.S INVESTMENTS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 NOVEMBER 2023

2.Accounting policies (continued)

 
2.7

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 year was 2 (2022 - 2).


4.


Fixed asset investments





Investments in subsidiary companies

£



Cost or valuation


At 1 December 2022
102



At 30 November 2023
102





5.


Debtors

2023
2022
£
£


Amounts owed by group undertakings
31,575
31,575

Other debtors
100
100

31,675
31,675



6.


Cash and cash equivalents

2023
2022
£
£

Cash at bank and in hand
25
35

25
35


Page 4

 
G.B.F.A.S INVESTMENTS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 NOVEMBER 2023

7.


Creditors: Amounts falling due within one year

2023
2022
£
£

Other creditors
102
102

Accruals and deferred income
720
720

822
822



8.


Financial instruments

2023
2022
£
£

Financial assets


Financial assets measured at fair value through profit or loss
25
35




Financial assets measured at fair value through profit or loss comprise cash at bank.

 
Page 5