Caseware UK (AP4) 2023.0.135 2023.0.135 2023-12-302023-12-30true2023-01-01falseNo description of principal activity00trueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.false 11970632 2023-01-01 2023-12-30 11970632 2022-01-01 2022-12-31 11970632 2023-12-30 11970632 2022-12-31 11970632 c:Director1 2023-01-01 2023-12-30 11970632 d:CurrentFinancialInstruments 2023-12-30 11970632 d:CurrentFinancialInstruments 2022-12-31 11970632 d:Non-currentFinancialInstruments 2023-12-30 11970632 d:Non-currentFinancialInstruments 2022-12-31 11970632 d:CurrentFinancialInstruments d:WithinOneYear 2023-12-30 11970632 d:CurrentFinancialInstruments d:WithinOneYear 2022-12-31 11970632 d:Non-currentFinancialInstruments d:AfterOneYear 2023-12-30 11970632 d:Non-currentFinancialInstruments d:AfterOneYear 2022-12-31 11970632 d:Non-currentFinancialInstruments d:BetweenTwoFiveYears 2023-12-30 11970632 d:Non-currentFinancialInstruments d:BetweenTwoFiveYears 2022-12-31 11970632 d:ShareCapital 2023-12-30 11970632 d:ShareCapital 2022-12-31 11970632 d:SharePremium 2023-12-30 11970632 d:SharePremium 2022-12-31 11970632 d:RetainedEarningsAccumulatedLosses 2023-12-30 11970632 d:RetainedEarningsAccumulatedLosses 2022-12-31 11970632 c:FRS102 2023-01-01 2023-12-30 11970632 c:AuditExempt-NoAccountantsReport 2023-01-01 2023-12-30 11970632 c:FullAccounts 2023-01-01 2023-12-30 11970632 c:PrivateLimitedCompanyLtd 2023-01-01 2023-12-30 11970632 6 2023-01-01 2023-12-30 11970632 e:PoundSterling 2023-01-01 2023-12-30 iso4217:GBP xbrli:pure

Registered number: 11970632









HEIST GROUP LTD







UNAUDITED

FINANCIAL STATEMENTS

FOR THE PERIOD ENDED 30 DECEMBER 2023

 
HEIST GROUP LTD
REGISTERED NUMBER: 11970632

BALANCE SHEET
AS AT 30 DECEMBER 2023

30 December
31 December
2023
2022
Note
£
£

Fixed assets
  

Investments
 4 
10
39,012

  
10
39,012

Current assets
  

Debtors: amounts falling due within one year
 5 
881,180
1,153,134

Cash at bank and in hand
 6 
1,820
67,983

  
883,000
1,221,117

Creditors: amounts falling due within one year
 7 
(6,027)
(33,195)

Net current assets
  
 
 
876,973
 
 
1,187,922

Total assets less current liabilities
  
876,983
1,226,934

Creditors: amounts falling due after more than one year
 8 
(325,799)
(325,256)

  

Net assets
  
551,184
901,678


Capital and reserves
  

Called up share capital 
  
100
100

Share premium account
  
899,937
899,937

Profit and loss account
  
(348,853)
1,641

  
551,184
901,678


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.

Page 1

 
HEIST GROUP LTD
REGISTERED NUMBER: 11970632
    
BALANCE SHEET (CONTINUED)
AS AT 30 DECEMBER 2023

The financial statements were approved and authorised for issue by the board and were signed on its behalf by: 




................................................
David Michael Beresford
Director

Date: 19 August 2024

The notes on pages 3 to 7 form part of these financial statements.

Page 2

 
HEIST GROUP LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 30 DECEMBER 2023

1.


General information

Heist Group Ltd is a private company limited by shares incorporated in England and Wales. The registered office is 374 The Laundry At Walton Lodge, 374 Coldharbour Lane, London, England, SW9 8PL.

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

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 period in which they are incurred.

Page 3

 
HEIST GROUP LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 30 DECEMBER 2023

2.Accounting policies (continued)

 
2.5

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.

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.

 
2.6

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.

 
2.7

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.

 
2.8

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.


3.


Employees

2023
2022
£
£

Wages and salaries
28,200
61,500

Social security costs
1,487
5,986

Cost of defined contribution scheme
146
1,077

29,833
68,563


The Company has no employees other than the directors, who did not receive any remuneration (2022 - £NIL).

The average monthly number of employees, including directors, during the period was 0 (2022 - 0).

Page 4

 
HEIST GROUP LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 30 DECEMBER 2023

4.


Fixed asset investments








Investments in subsidiary companies

£



Cost or valuation


At 1 January 2023
39,012


Revaluations
(39,002)



At 30 December 2023
10





5.


Debtors

30 December
31 December
2023
2022
£
£


Amounts owed by group undertakings
881,180
1,152,205

Other debtors
-
929

881,180
1,153,134



6.


Cash and cash equivalents

30 December
31 December
2023
2022
£
£

Cash at bank and in hand
1,820
67,983

1,820
67,983


Page 5

 
HEIST GROUP LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 30 DECEMBER 2023

7.


Creditors: Amounts falling due within one year

30 December
31 December
2023
2022
£
£

Bank loans
5,627
5,627

Trade creditors
-
8,814

Other creditors
-
18,754

Accruals and deferred income
400
-

6,027
33,195



8.


Creditors: Amounts falling due after more than one year

30 December
31 December
2023
2022
£
£

Bank loans
38,199
37,656

Other creditors
287,600
287,600

325,799
325,256


Page 6

 
HEIST GROUP LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 30 DECEMBER 2023

9.


Loans


Analysis of the maturity of loans is given below:


30 December
31 December
2023
2022
£
£

Amounts falling due within one year

Bank loans
5,627
5,627


5,627
5,627


Amounts falling due 2-5 years

Bank loans
38,199
37,656


38,199
37,656


43,826
43,283


 
Page 7