Caseware UK (AP4) 2023.0.135 2023.0.135 2023-11-302023-11-302022-12-01false22falsetrue 09305366 2022-12-01 2023-11-30 09305366 2021-12-01 2022-11-30 09305366 2023-11-30 09305366 2022-11-30 09305366 c:Director1 2022-12-01 2023-11-30 09305366 d:CurrentFinancialInstruments 2023-11-30 09305366 d:CurrentFinancialInstruments 2022-11-30 09305366 d:Non-currentFinancialInstruments 2023-11-30 09305366 d:Non-currentFinancialInstruments 2022-11-30 09305366 d:CurrentFinancialInstruments d:WithinOneYear 2023-11-30 09305366 d:CurrentFinancialInstruments d:WithinOneYear 2022-11-30 09305366 d:Non-currentFinancialInstruments d:AfterOneYear 2023-11-30 09305366 d:Non-currentFinancialInstruments d:AfterOneYear 2022-11-30 09305366 d:ShareCapital 2023-11-30 09305366 d:ShareCapital 2022-11-30 09305366 d:RetainedEarningsAccumulatedLosses 2023-11-30 09305366 d:RetainedEarningsAccumulatedLosses 2022-11-30 09305366 c:FRS102 2022-12-01 2023-11-30 09305366 c:Audited 2022-12-01 2023-11-30 09305366 c:FullAccounts 2022-12-01 2023-11-30 09305366 c:PrivateLimitedCompanyLtd 2022-12-01 2023-11-30 09305366 c:SmallCompaniesRegimeForAccounts 2022-12-01 2023-11-30 09305366 e:PoundSterling 2022-12-01 2023-11-30 iso4217:GBP xbrli:pure

Registered number: 09305366










BROMLEY CAPITAL PARTNERS (UK) LTD










FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 30 NOVEMBER 2023

 
BROMLEY CAPITAL PARTNERS (UK) LTD
REGISTERED NUMBER: 09305366

BALANCE SHEET
AS AT 30 NOVEMBER 2023

2023
2022
Note
£
£

  

Current assets
  

Debtors: amounts falling due within one year
 4 
257,016
101,380

Cash at bank and in hand
 5 
251,363
428,192

  
508,379
529,572

Creditors: amounts falling due within one year
 6 
(301,073)
(284,852)

Total assets less current liabilities
  
 
 
207,306
 
 
244,720

Creditors: amounts falling due after more than one year
 7 
(6,266)
(10,314)

  

Net assets
  
201,040
234,406


Capital and reserves
  

Called up share capital 
  
10,100
10,100

Profit and loss account
  
190,940
224,306

  
201,040
234,406


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.




X Yin
Director

The notes on pages 2 to 6 form part of these financial statements.

Page 1

 
BROMLEY CAPITAL PARTNERS (UK) LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 NOVEMBER 2023

1.


General information

Bromley Capital Partners (UK) Limited is a private company limited by its shares, incorporated in England
and Wales, registration number 09305366. The address of the registered office is 14th Floor, 33 Cavendish Square, London, W1G 0PW.

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

Foreign currency translation

Functional and presentation currency

The Company's functional and presentational currency is GBP.

Transactions and balances

Foreign currency transactions are translated into the functional currency using the spot exchange rates at the dates of the transactions.

At each period end foreign currency monetary items are translated using the closing rate. Non-monetary items measured at historical cost are translated using the exchange rate at the date of the transaction and non-monetary items measured at fair value are measured using the exchange rate when fair value was determined.

Foreign exchange gains and losses resulting from the settlement of transactions and from the translation at period-end exchange rates of monetary assets and liabilities denominated in foreign currencies are recognised in profit or loss except when deferred in other comprehensive income as qualifying cash flow hedges.

Foreign exchange gains and losses that relate to borrowings and cash and cash equivalents are presented in the Statement of comprehensive income within 'finance income or costs'. All other foreign exchange gains and losses are presented in profit or loss within 'other operating income'.

 
2.3

Revenue

Revenue is recognised when the equity transactions which the Company has engaged with are
successfully closed. Revenue is recognised when it can be reliably measured and is measured at the fair value of the consideration recieved or recievable.

 
2.4

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.

Page 2

 
BROMLEY CAPITAL PARTNERS (UK) LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 NOVEMBER 2023

2.Accounting policies (continued)

 
2.5

Borrowing costs

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

 
2.6

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.

 
2.7

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.

 
2.8

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.

 
2.9

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.

 
2.10

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.

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

Basic financial assets

Basic financial assets, which include trade and other receivables, cash and bank balances, are initially measured at their transaction price including transaction costs and are subsequently carried at their amortised cost using the effective interest method, less any provision for impairment, unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest.

Discounting is omitted where the effect of discounting is immaterial. The Company's cash and cash equivalents, trade and most other receivables due with the operating cycle fall into this category of financial instruments.

Financial liabilities

Page 3

 
BROMLEY CAPITAL PARTNERS (UK) LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 NOVEMBER 2023

2.Accounting policies (continued)


2.10
Financial instruments (continued)

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instruments any contract that evidences a residual interest in the assets of the Company after the deduction of all its liabilities.

Basic financial liabilities, which include trade and other payables, bank loans and other loans are initially measured at their transaction price after transaction costs. When this constitutes a financing transaction, whereby the debt instrument is measured at the present value of the future receipts discounted at a market rate of interest. Discounting is omitted where the effect of discounting is immaterial.

Debt instruments are subsequently carried at their amortised cost using the effective interest rate method.

Trade payables are obligations to pay for goods and services that have been acquired in the ordinary course of business from suppliers. Trade payables are classified as current liabilities if the payment is due within one year. If not, they represent non-current liabilities. Trade payables are initially recognised at their transaction price and subsequently are measured at amortised cost using the effective interest method. Discounting is omitted where the effect of discounting is immaterial.


3.


Employees

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

Page 4

 
BROMLEY CAPITAL PARTNERS (UK) LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 NOVEMBER 2023

4.


Debtors

2023
2022
£
£


Other debtors
255,293
96,191

Prepayments and accrued income
1,723
5,189

257,016
101,380



5.


Cash and cash equivalents

2023
2022
£
£

Cash at bank and in hand
251,363
428,192



6.


Creditors: Amounts falling due within one year

2023
2022
£
£

Bank loans
4,048
3,948

Trade creditors
8,417
82

Amounts owed to group undertakings
137,731
138,241

Corporation tax
33,099
30,359

Other taxation and social security
47,928
82,281

Other creditors
64,017
24,108

Accruals and deferred income
5,833
5,833

301,073
284,852



7.


Creditors: Amounts falling due after more than one year

2023
2022
£
£

Bank loans
6,266
10,314



8.


Related party transactions

At the balance sheet date, the company was owed £189,682 (2022: £71,432) by a director.
At the balance sheet date, the company owed £137,732  (2022: £138,241) to its parent undertaking.

Page 5

 
BROMLEY CAPITAL PARTNERS (UK) LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 NOVEMBER 2023

9.


Auditors' information

The auditors' report on the financial statements for the year ended 30 November 2023 was unqualified.

The audit report was signed on 7 August 2024 by David Pumfrey FCA (Senior statutory auditor) on behalf of Sumer Auditco Limited.

 
Page 6